XML 20 R10.htm IDEA: XBRL DOCUMENT
v3.21.1

Note 4 - Real Estate Assets | 3 Months Ended
--- | ---
Mar. 31, 2021
Notes to Financial Statements |
Real Estate Assets [Text Block] | 4. REAL ESTATE ASSETS The Company owns a diverse portfolio of real estate assets. The primary types of properties the Company invests in are office, industrial, retail, and triple-net leased model home properties located primarily in Colorado, with four properties located in North Dakota and two in Southern California. Our model home properties are located in four states. As of March 31, 2021, the Company owned or had an equity interest in:
| • | Nine office buildings and one industrial property (“Office/Industrial Properties”) which total approximately 867,744 rentable square feet;
| • | Three retail shopping centers (“Retail Properties”) which total approximately 110,552 rentable square feet; and
| • | 106 model home residential properties (“Model Homes” or “Model Home Properties”) leased back on a triple-net basis to homebuilders that are owned by six affiliated limited partnerships and one wholly-owned corporation.
A summary of the properties owned by the Company as of March 31, 2021 is as follows:
|  | Date |  |  |  | Real estate assets, net (in thousands) |
Property Name |  | Acquired |  | Location |  | 2021 |
World Plaza (1) |  | September 2007 |  | San Bernardino, California |  |  | 9,272 |
Executive Office Park (1) |  | July 2008 |  | Colorado Springs, Colorado |  |  | 5,116 |
Genesis Plaza |  | August 2010 |  | San Diego, California |  |  | 8,472 |
Dakota Center |  | May 2011 |  | Fargo, North Dakota |  |  | 8,540 |
Grand Pacific Center |  | March 2014 |  | Bismarck, North Dakota |  |  | 5,615 |
Arapahoe Center |  | December 2014 |  | Centennial, Colorado |  |  | 9,077 |
Union Town Center |  | December 2014 |  | Colorado Springs, Colorado |  |  | 9,276 |
West Fargo Industrial |  | August 2015 |  | Fargo, North Dakota |  |  | 7,013 |
300 N.P. |  | August 2015 |  | Fargo, North Dakota |  |  | 3,278 |
Research Parkway |  | August 2015 |  | Colorado Springs, Colorado |  |  | 2,423 |
One Park Center |  | August 2015 |  | Westminster, Colorado |  |  | 8,444 |
Highland Court (1) |  | August 2015 |  | Centennial, Colorado |  |  | 10,218 |
Shea Center II |  | December 2015 |  | Highlands Ranch, Colorado |  |  | 20,715 |
Presidio Property Trust, Inc. properties |  |  |  |  |  |  |  | 107,459 |
Model Home properties (2) |  |  | 2014 - 2020 |  | TX, FL, IL, WI |  |  | 37,889 |
Total real estate assets and lease intangibles, net |  |  |  |  |  |  | $ | 145,348 |
(1) This property is held for sale as of March 31, 2021. (2) Includes 16 Model Home listed as held for sale as of March 31, 2021.

X
- Definition The entire disclosure for certain real estate assets. + References No definition available. + Details
Name: | sqft_RealEstateAssetsTextBlock
Namespace Prefix: | sqft_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration