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Note 7 - Mortgage Notes Payable (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

Schedule of Debt [Table Text Block]

		Principal as of
		September 30,				December 31,			Loan		Interest
Mortgage note property		2023				2022			Type		Rate (1)				Maturity
Dakota Center			9,260,159				9,442,976		Fixed			4.74	%		7/6/2024
Research Parkway			1,603,836				1,648,237		Fixed			3.94	%		1/5/2025
Arapahoe Service Center			7,471,082				7,602,273		Fixed			4.34	%		1/5/2025
Union Town Center			7,910,038				8,025,300		Fixed			4.28	%		1/5/2025
One Park Centre			6,074,444				6,163,177		Fixed			4.77	%		9/5/2025
Genesis Plaza			5,967,580				6,055,682		Fixed			4.71	%		9/6/2025
Shea Center II			17,022,587				17,229,573		Fixed			4.92	%		1/5/2026
West Fargo Industrial (2)			3,942,804				4,030,297		Fixed			6.70	%		8/5/2029
Grand Pacific Center (3)			3,806,187				3,496,330		Fixed			6.35	%		5/5/2033
Baltimore			5,670,000				5,670,000		Fixed			4.67	%		4/6/2032
Mandolin			3,589,108				3,635,362		Fixed			4.35	%		4/20/2029
Subtotal, Presidio Property Trust, Inc. Properties		$	72,317,825			$	72,999,207
Model Home mortgage notes (4)			30,948,811				24,752,448		Fixed							2023 - 2028
Mortgage Notes Payable		$	103,266,636			$	97,751,655
Unamortized loan costs			(778,420	)			(852,956	)
Mortgage Notes Payable, net		$	102,488,216			$	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		$	355,896			$	3,074,354			$	3,430,250
2024			10,401,908				11,571,492				21,973,400
2025			28,773,285				10,467,724				39,241,009
2026			16,651,242				165,968				16,817,210
2027			294,780				165,968				460,748
Thereafter			15,840,714				5,503,305				21,344,019
Total		$	72,317,825			$	30,948,811			$	103,266,636

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

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+ References

No definition available.

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- References

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