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Note 7 - Mortgage Notes Payable (Tables) | 12 Months Ended
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Dec. 31, 2020
Notes Tables |
Schedule of Debt [Table Text Block] |
|  |  |  |  |  | Principal as of |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  | December 31, |  |  | December 31, |  | Loan |  | Interest |  |  |  |  |
Mortgage note property |  | Notes |  |  | 2020 |  |  | 2019 |  | Type |  | Rate (1) |  |  | Maturity |
Waterman Plaza |  |  | (3) (6) |  |  | $ | 3,207,952 |  |  | $ | 3,274,097 |  | Variable |  |  | 4.25 | % |  | 4/29/2021 |
World Plaza |  |  | (3) (5) |  |  |  | 5,802,568 |  |  |  | 4,979,384 |  | Variable |  |  | 2.91 | % |  | 7/5/2021 |
Garden Gateway Plaza |  |  | (3) |  |  |  | 5,861,523 |  |  |  | 6,071,315 |  | Fixed |  |  | 5.00 | % |  | 8/5/2021 |
300 N.P. |  |  |  |  |  |  | 2,273,478 |  |  |  | 2,311,739 |  | Fixed |  |  | 4.95 | % |  | 6/11/2022 |
Highland Court |  |  | (3) |  |  |  | 6,274,815 |  |  |  | 6,424,366 |  | Fixed |  |  | 3.82 | % |  | 9/1/2022 |
Dakota Center |  |  |  |  |  |  | 9,900,279 |  |  |  | 10,111,693 |  | Fixed |  |  | 4.74 | % |  | 7/6/2024 |
Union Terrace |  |  | (2) |  |  |  | - |  |  |  | 6,240,396 |  | Fixed |  |  | 4.50 | % |  | 8/5/2024 |
Centennial Tech Center |  |  | (2) |  |  |  | - |  |  |  | 9,561,652 |  | Fixed |  |  | 4.43 | % |  | 12/5/2024 |
Research Parkway |  |  |  |  |  |  | 1,760,432 |  |  |  | 1,813,305 |  | Fixed |  |  | 3.94 | % |  | 1/5/2025 |
Arapahoe Service Center |  |  |  |  |  |  | 7,932,255 |  |  |  | 8,085,727 |  | Fixed |  |  | 4.34 | % |  | 1/5/2025 |
Union Town Center |  |  |  |  |  |  | 8,315,550 |  |  |  | 8,440,000 |  | Fixed |  |  | 4.28 | % |  | 1/5/2025 |
One Park Centre |  |  |  |  |  |  | 6,385,166 |  |  |  | 6,487,532 |  | Fixed |  |  | 4.77 | % |  | 9/5/2025 |
Genesis Plaza |  |  |  |  |  |  | 6,276,273 |  |  |  | 6,378,110 |  | Fixed |  |  | 4.71 | % |  | 9/6/2025 |
Shea Center II |  |  |  |  |  |  | 17,727,500 |  |  |  | 17,727,500 |  | Fixed |  |  | 4.92 | % |  | 1/5/2026 |
Executive Office Park |  |  | (3) |  |  |  | 2,985,998 |  |  |  | 4,839,577 |  | Fixed |  |  | 4.83 | % |  | 6/1/2027 |
West Fargo Industrial |  |  |  |  |  |  | 4,262,718 |  |  |  | 4,216,565 |  | Fixed |  |  | 3.27 | % |  | 8/5/2029 |
Grand Pacific Center |  |  | (4) |  |  |  | 3,738,142 |  |  |  | 3,851,962 |  | Fixed |  |  | 4.02 | % |  | 8/1/2037 |
Subtotal, Presidio Property Trust, Inc. Properties |  |  |  |  |  | $ | 92,704,649 |  |  | $ | 110,814,920 |  |  |  |  |  |  |  |  |  |
Model Home mortgage notes |  |  | (3) |  |  |  | 28,083,356 |  |  |  | 32,644,129 |  | Fixed |  |  | (7 | ) |  |  | 2021 - 2023 |
Mortgage Notes Payable |  |  |  |  |  | $ | 120,788,005 |  |  | $ | 143,459,049 |  |  |  |  |  |  |  |  |  |
Unamortized loan costs |  |  |  |  |  |  | (758,309 | ) |  |  | (1,066,057 | ) |  |  |  |  |  |  |  |  |
Mortgage Notes Payable, net |  |  |  |  |  | $ | 120,029,696 |  |  | $ | 142,392,992 |  |  |  |  |  |  |  |  |  |
Contractual Obligation, Fiscal Year Maturity [Table Text Block] |
|  | Presidio Property |  |  | Model |  |  |  |  |
|  | Trust, Inc. |  |  | Homes |  |  | Total Principal |
Years ending December 31: |  | Notes Payable |  |  | Notes Payable |  |  | Payments |
2021 |  | $ | 16,385,688 |  |  | $ | 10,169,248 |  |  | $ | 26,554,936 |
2022 |  |  | 9,780,330 |  |  |  | 11,735,522 |  |  |  | 21,515,852 |
2023 |  |  | 1,493,749 |  |  |  | 6,178,586 |  |  |  | 7,672,335 |
2024 |  |  | 10,447,888 |  |  |  | — |  |  |  | 10,447,888 |
2025 |  |  | 28,902,297 |  |  |  | — |  |  |  | 28,902,297 |
Thereafter |  |  | 25,694,697 |  |  |  | — |  |  |  | 25,694,697 |
Total |  | $ | 92,704,649 |  |  | $ | 28,083,356 |  |  | $ | 120,788,005 |

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