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Note 7 - Mortgage Notes Payable (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Schedule of Debt [Table Text Block]

		Principal as of
		December 31,				December 31,				Loan			Interest
Mortgage note property		2023				2022				Type			Rate (1)				Maturity
Dakota Center (2)			9,197,346				9,442,976			Fixed				4.74	%		7/6/2024
Research Parkway			1,588,742				1,648,237			Fixed				3.94	%		1/5/2025
Arapahoe Service Center			7,426,088				7,602,273			Fixed				4.34	%		1/5/2025
Union Town Center			7,870,468				8,025,300			Fixed				4.28	%		1/5/2025
One Park Centre			6,043,882				6,163,177			Fixed				4.77	%		9/5/2025
Genesis Plaza			5,937,251				6,055,682			Fixed				4.71	%		9/6/2025
Shea Center II			16,951,095				17,229,573			Fixed				4.92	%		1/5/2026
West Fargo Industrial (3)			3,922,829				4,030,297			Fixed				6.70	%		8/5/2029
Grand Pacific Center (4)			5,470,305				3,496,330			Fixed				6.35	%		5/5/2033
Baltimore			5,670,000				5,670,000			Fixed				4.67	%		4/6/2032
Mandolin			3,573,201				3,635,362			Fixed				4.35	%			4/20/2029
Subtotal, Presidio Property Trust, Inc. Properties		$	73,651,207			$	72,999,207
Model Home mortgage notes (5)			34,815,699				24,752,448			Fixed								2023 - 2028
Mortgage Notes Payable		$	108,466,906			$	97,751,655
Unamortized loan costs			(753,633	)			(852,956	)
Mortgage Notes Payable, net		$	107,713,273			$	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
2024		$	10,403,266			$	13,088,440			$	23,491,706
2025			28,772,504				10,404,945				39,177,449
2026			16,648,942				300,081				16,949,023
2027			294,780				300,081				594,861
2028			310,560				8,330,316				8,640,876
Thereafter			17,221,155				2,391,836				19,612,991
Total		$	73,651,207			$	34,815,699			$	108,466,906

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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