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Note 7 - Mortgage Notes Payable (Tables)

6 Months Ended

Jun. 30, 2024

Notes Tables

Schedule of Debt [Table Text Block]

		Principal as of
		June 30,				December 31,			Loan		Interest
Mortgage note property		2024				2023			Type		Rate (1)				Maturity
Dakota Center (2) (6)		$	9,091,395			$	9,197,346		Fixed			4.74	%		7/6/2024
Research Parkway (6)			1,558,105				1,588,742		Fixed			3.94	%		1/5/2025
Arapahoe Service Center (6)			7,335,510				7,426,088		Fixed			4.34	%		1/5/2025
Union Town Center (6)			7,790,979				7,870,468		Fixed			4.28	%		1/5/2025
One Park Centre			5,982,452				6,043,882		Fixed			4.77	%		9/5/2025
Genesis Plaza			5,876,284				5,937,251		Fixed			4.71	%		9/6/2025
Shea Center II (6)			16,807,761				16,951,095		Fixed			4.92	%		1/5/2026
West Fargo Industrial (3)			5,750,000				3,922,829		Fixed			7.14	%		7/6/2029
Grand Pacific Center (4)			6,341,208				5,470,305		Fixed			6.35	%		5/5/2033
Baltimore			5,670,000				5,670,000		Fixed			4.67	%		4/6/2032
Mandolin			3,541,304				3,573,201		Fixed			4.35	%		4/20/2029
Subtotal, Presidio Property Trust, Inc. Properties		$	75,744,998			$	73,651,207
Model Home mortgage notes (5)			26,274,481				34,815,699		Fixed							2024 - 2029
Mortgage Notes Payable		$	102,019,479			$	108,466,906
Unamortized loan costs			(894,093	)			(753,633	)
Mortgage Notes Payable, net		$	101,125,386			$	107,713,273

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		$	9,635,272			$	2,898,031			$	12,533,303
2025			28,645,113				9,525,273				38,170,386
2026			16,521,064				932,102				17,453,166
2027			157,739				465,084				622,823
2028			168,907				9,110,909				9,279,816
Thereafter			20,616,903				3,343,082				23,959,985
Total		$	75,744,998			$	26,274,481			$	102,019,479

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
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 04
-Subparagraph (a)
-Publisher SEC

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

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X

- 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.

+ Details

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- References

No definition available.

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