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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Rental income $ 4,188,076 $ 4,553,798 $ 8,640,394 $ 10,031,021
Fees and other income 132,784 292,785 253,607 484,316
Total revenue 4,320,860 4,846,583 8,894,001 10,515,337
Costs and expenses:        
Rental operating costs 1,348,083 1,485,815 2,931,556 3,324,738
General and administrative 1,214,005 1,344,770 2,797,696 2,882,036
Depreciation and amortization 1,316,193 1,368,209 2,655,418 2,797,143
Impairment of real estate assets 0 0 0 300,000
Total costs and expenses 3,878,281 4,198,794 8,384,670 9,303,917
Other income (expense):        
Interest and other (expense), net 93,128 (20,657) 166,733 (53,443)
Gain on sales of real estate, net 1,227,484 2,594,341 2,750,269 1,433,014
Gain on extinguishment of government debt 0 0 0 10,000
Income tax expense (259,285) (238,701) (524,524) (288,899)
Total other income (expense), net (24,533) 1,127,947 288,905 (1,690,758)
Net income (loss) 418,046 1,775,736 798,236 (479,338)
Less: Income attributable to noncontrolling interests (709,202) (925,697) (1,917,878) (1,332,305)
Net income (loss) attributable to Presidio Property Trust, Inc. stockholders (291,156) 850,039 (1,119,642) (1,811,643)
Less: Preferred Stock Series D dividends (539,056) (95,836) (1,078,111) (95,836)
Less: Series A Warrant dividend 0 0 (2,456,512) 0
Net income (loss) attributable to Presidio Property Trust, Inc. common stockholders $ (830,212) $ 754,203 $ (4,654,265) $ (1,907,479)
Net income (loss) per share attributable to Presidio Property Trust, Inc. common stockholders:        
Basic & Diluted (in dollars per share) $ (0.07) $ 0.08 $ (0.39) $ (0.20)
Weighted average number of common shares outstanding - basic & diluted (in shares) 11,799,689 9,508,363 11,786,741 9,508,363
Mortgage Notes [Member]        
Other income (expense):        
Interest expense $ (1,085,860) $ (1,207,036) $ (2,103,573) $ (2,512,057)
Notes Payable [Member]        
Other income (expense):        
Interest expense $ 0 $ 0 $ 0 $ (279,373)