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REAL ESTATE ASSETS (Tables)
 3 Months Ended
Mar. 31, 2020
Real Estate Assets [Abstract]  
Real Estate Properties Owned
A summary of the properties owned by the Company as of March 31, 2020 is as follows:
Property NameDate
Acquired		LocationReal estate
assets, net
(in thousands)
Garden Gateway Plaza (1)March 2007Colorado Springs, Colorado$11,440  
World Plaza (1)September 2007San Bernardino, California8,334  
Executive Office Park (2)July 2008Colorado Springs, Colorado7,654  
Waterman PlazaAugust 2008San Bernardino, California4,867  
Genesis PlazaAugust 2010San Diego, California8,721  
Dakota CenterMay 2011Fargo, North Dakota8,772  
Grand Pacific CenterMarch 2014Bismarck, North Dakota5,885  
Arapahoe CenterDecember 2014Centennial, Colorado9,619  
Union Town CenterDecember 2014Colorado Springs, Colorado9,552  
West Fargo IndustrialAugust 2015West Fargo, North Dakota7,188  
300 N.P.August 2015Fargo, North Dakota3,371  
Research ParkwayAugust 2015Colorado Springs, Colorado2,492  
One Park CenterAugust 2015Westminster, Colorado8,898  
Highland CourtAugust 2015Centennial, Colorado11,260  
Shea Center IIDecember 2015Highlands Ranch, Colorado21,706  
Presidio Property Trust, Inc. properties129,759  
Model Home properties2014-2020AZ, FL, IL, PA, TX, WI49,433  
Total real estate assets and lease intangibles, net$179,192  
(1)Properties held for sale as of March 31, 2020.
(2)One of four buildings in the property is held for sale as of March 31, 2020.
Geographic Locations of Real Estate Properties Owned
The following tables show a list of commercial properties owned by the Company grouped by state and geographic region as of March 31, 2020:
StateNo. of
Properties		Aggregate
Square
Feet		Approximate %
of Square Feet		Current
Base Annual
Rent		Approximate %
of Aggregate
Annual Rent
California3134,787  11.9 %$2,369,118  15.8 %
Colorado8597,912  52.9 %9,115,780  60.7 %
North Dakota4397,039  35.2 %3,528,918  23.5 %
Total151,129,738  100.0 %$15,013,816  100.0 %

The following tables show a list of our Model Home properties by geographic region as of March 31, 2020:
Geographic RegionNo. of
Properties		Aggregate
Square Feet		Approximate %
of Square Feet		Current
Base Annual
Rent		Approximate
of Aggregate
% Annual Rent
Southwest111323,635  82.9 %$3,301,032  79.7 %
Southeast2045,727  11.7 %551,088  13.3 %
Midwest26,602  1.7 %99,276  2.4 %
East25,255  1.3 %70,716  1.7 %
Northeast39,271  2.4 %121,020  2.9 %
Total138390,490  100.0 %$4,143,132  100.0 %