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Note 7 - Mortgage Notes Payable (Tables)

3 Months Ended

Mar. 31, 2023

Notes Tables

Schedule of Debt [Table Text Block]

		Principal as of
		March 31,				December 31,			Loan		Interest
Mortgage note property		2023				2022			Type		Rate (1)				Maturity
Dakota Center			9,381,139				9,442,976		Fixed			4.74	%		7/6/2024
Research Parkway			1,633,582				1,648,237		Fixed			3.94	%		1/5/2025
Arapahoe Service Center			7,557,820				7,602,273		Fixed			4.34	%		1/5/2025
Union Town Center			7,986,042				8,025,300		Fixed			4.28	%		1/5/2025
One Park Centre			6,132,884				6,163,177		Fixed			4.77	%		9/5/2025
Genesis Plaza			6,025,625				6,055,682		Fixed			4.71	%		9/6/2025
Shea Center II			17,158,342				17,229,573		Fixed			4.92	%		1/5/2026
West Fargo Industrial (4)			4,000,163				4,030,297		Fixed			3.27	%		8/5/2029
Grand Pacific Center (2)			3,464,716				3,496,330		Fixed			4.02	%		8/1/2037
Baltimore			5,670,000				5,670,000		Fixed			4.67	%		4/6/2032
Mandolin			3,619,541				3,635,362		Fixed			4.35	%		4/20/2029
Subtotal, Presidio Property Trust, Inc. Properties		$	72,629,854			$	72,999,207
Model Home mortgage notes (3)			27,754,076				24,752,448		Fixed							2023 - 2028
Mortgage Notes Payable		$	100,383,930			$	97,751,655
Unamortized loan costs			(834,370	)			(852,956	)
Mortgage Notes Payable, net		$	99,549,560			$	96,898,699

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
2023		$	1,096,934			$	3,347,918			$	4,444,852
2024			10,464,009				13,804,244				24,268,253
2025			28,845,599				7,983,670				36,829,269
2026			16,717,557				74,165				16,791,722
2027			364,407				74,165				438,572
Thereafter			15,141,348				2,469,914				17,611,262
Total		$	72,629,854			$	27,754,076			$	100,383,930

X

- Definition

Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (S-X 210.12-04)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

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- References

No definition available.

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