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REAL ESTATE ASSETS
 6 Months Ended
Jun. 30, 2020
Real Estate Assets [Abstract]  
REAL ESTATE ASSETS REAL ESTATE ASSETS
A summary of the properties owned by the Company as of June 30, 2020 is as follows:
Property NameDate
Acquired		LocationReal estate
assets, net
(in thousands)
Garden Gateway Plaza (1)
March 2007Colorado Springs, Colorado$11,445  
World Plaza (1)
September 2007San Bernardino, California9,271  
Executive Office Park (2)
July 2008Colorado Springs, Colorado7,623  
Waterman PlazaAugust 2008San Bernardino, California4,000  
Genesis PlazaAugust 2010San Diego, California8,947  
Dakota CenterMay 2011Fargo, North Dakota8,724  
Grand Pacific CenterMarch 2014Bismarck, North Dakota5,823  
Arapahoe CenterDecember 2014Centennial, Colorado9,492  
Union Town CenterDecember 2014Colorado Springs, Colorado9,482  
West Fargo IndustrialAugust 2015West Fargo, North Dakota7,136  
300 N.P.August 2015Fargo, North Dakota3,336  
Research ParkwayAugust 2015Colorado Springs, Colorado2,473  
One Park CenterAugust 2015Westminster, Colorado8,789  
Highland CourtAugust 2015Centennial, Colorado11,136  
Shea Center IIDecember 2015Highlands Ranch, Colorado21,470  
Presidio Property Trust, Inc. properties129,147  
Model Home properties (3)
2014-2020AZ, FL, IL, PA, TX, WI47,369  
Total real estate assets and lease intangibles, net$176,516  
(1)Properties held for sale as of June 30, 2020.
(2)One of four buildings in the property is held for sale as of June 30, 2020.
(3)Includes four Model Homes that are listed as held for sale as of June 30, 2020.

Geographic Diversification Tables
The following tables show a list of commercial properties owned by the Company grouped by state and geographic region as of June 30, 2020:
StateNo. of
Properties		Aggregate
Square
Feet		Approximate %
of Square Feet		Current
Base Annual
Rent		Approximate %
of Aggregate
Annual Rent
California3134,787  11.9 %$1,901,873  13.2 %
Colorado8597,912  52.9 %9,120,615  63.0 %
North Dakota4397,039  35.2 %3,452,183  23.8 %
Total151,129,738  100.0 %$14,474,671  100.0 %

The following tables show a list of our Model Home properties by geographic region as of June 30, 2020:
Geographic RegionNo. of
Properties		Aggregate
Square Feet		Approximate %
of Square Feet		Current
Base Annual
Rent		Approximate
of Aggregate
% Annual Rent
Southwest105308,071  82.2 %$3,116,028  78.7 %
Southeast2045,727  12.2 %551,088  13.9 %
Midwest26,602  1.7 %99,276  2.5 %
East25,255  1.4 %70,716  1.8 %
Northeast39,271  2.5 %121,020  3.1 %
Total132374,926  100.0 %$3,958,128  100.0 %
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 June 30, 2020:
StateNo. of
Properties		Aggregate
Square
Feet		Approximate %
of Square Feet		Current
Base Annual
Rent		Approximate %
of Aggregate
Annual Rent
California3134,787  11.9 %$1,901,873  13.2 %
Colorado8597,912  52.9 %9,120,615  63.0 %
North Dakota4397,039  35.2 %3,452,183  23.8 %
Total151,129,738  100.0 %$14,474,671  100.0 %

The following tables show a list of our Model Home properties by geographic region as of June 30, 2020:
Geographic RegionNo. of
Properties		Aggregate
Square Feet		Approximate %
of Square Feet		Current
Base Annual
Rent		Approximate
of Aggregate
% Annual Rent
Southwest105308,071  82.2 %$3,116,028  78.7 %
Southeast2045,727  12.2 %551,088  13.9 %
Midwest26,602  1.7 %99,276  2.5 %
East25,255  1.4 %70,716  1.8 %
Northeast39,271  2.5 %121,020  3.1 %
Total132374,926  100.0 %$3,958,128  100.0 %