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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Rental income $ 4,243,887 $ 4,185,212 $ 12,884,280 $ 14,216,234
Fees and other income 148,088 190,967 401,697 675,283
Total revenue 4,391,975 4,376,179 13,285,977 14,891,517
Costs and expenses:        
Rental operating costs 1,434,225 1,414,518 4,365,781 4,739,256
General and administrative 1,509,139 1,479,261 4,306,835 4,361,297
Depreciation and amortization 1,318,164 1,306,874 3,973,582 4,104,018
Impairment of real estate assets 0 0 0 300,000
Total costs and expenses 4,261,528 4,200,653 12,646,198 13,504,571
Other income (expense):        
Interest and other (expense), net 590,586 (13,886) 757,318 (67,329)
Gain on sales of real estate, net 1,307,258 627,322 4,057,527 2,060,336
Gain on extinguishment of government debt 0 0 0 10,000
Income tax expense (294,996) (182,607) (819,520) (471,506)
Total other income (expense), net 220,728 (600,054) 509,632 (2,290,812)
Net income (loss) 351,175 (424,528) 1,149,411 (903,866)
Less: Income attributable to noncontrolling interests (1,114,928) (427,303) (3,032,806) (1,759,608)
Net loss attributable to Presidio Property Trust, Inc. stockholders (763,753) (851,831) (1,883,395) (2,663,474)
Less: Preferred Stock Series D dividends (538,286) (539,056) (1,616,397) (634,892)
Less: Series A Warrant dividend 0 0 (2,456,512) 0
Net loss attributable to Presidio Property Trust, Inc. common stockholders $ (1,302,039) $ (1,390,887) $ (5,956,304) $ (3,298,366)
Net loss per share attributable to Presidio Property Trust, Inc. common stockholders:        
Basic & Diluted (in dollars per share) $ (0.11) $ (0.13) $ (0.51) $ (0.33)
Weighted average number of common shares outstanding - basic & diluted (in shares) 11,780,090 10,833,847 11,784,500 9,955,046
Mortgage Notes [Member]        
Other income (expense):        
Interest expense $ (1,382,120) $ (1,030,883) $ (3,485,693) $ (3,542,940)
Notes Payable [Member]        
Other income (expense):        
Interest expense $ 0 $ 0 $ 0 $ (279,373)