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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Rental income $ 4,262,942 $ 4,329,588 $ 8,682,049 $ 8,271,641
Fees and other income 323,599 214,284 694,554 393,723
Total revenue 4,586,541 4,543,872 9,376,603 8,665,364
Costs and expenses:        
Rental operating costs 1,492,495 1,399,159 3,056,072 2,974,149
General and administrative 2,202,916 1,813,184 4,287,366 3,777,804
Depreciation and amortization 1,351,370 1,368,829 2,702,388 2,702,403
Impairment of real estate assets 101,245 0 196,793 0
Total costs and expenses 5,148,026 4,581,172 10,242,619 9,454,356
Other income (expense):        
Interest and other income, net 5,206 398,085 9,852 1,140,201
Gain on sales of real estate, net 811,903 1,119,952 2,829,998 1,537,289
Net change in Conduit Pharmaceuticals marketable securities (see footnote 9) (10,027,433) 0 (13,888,667) 0
Income tax expense (81,021) (349,074) (160,586) (497,527)
Total other (expense) income, net (10,817,190) (167,452) (14,250,454) (24,219)
Net loss (11,378,675) (204,752) (15,116,470) (813,211)
Less: Income attributable to noncontrolling interests (469,365) (1,094,852) (1,973,233) (1,481,933)
Net loss attributable to Presidio Property Trust, Inc. stockholders (11,848,040) (1,299,604) (17,089,703) (2,295,144)
Less: Preferred Stock Series D dividends (543,331) (532,285) (1,065,363) (1,067,733)
Net loss attributable to Presidio Property Trust, Inc. common stockholders $ (12,391,371) $ (1,831,889) $ (18,155,066) $ (3,362,877)
Net loss per share attributable to Presidio Property Trust, Inc. common stockholders:        
Basic & Diluted (in dollars per share) $ (1) $ (0.15) $ (1.47) $ (0.28)
Weighted average number of common shares outstanding - basic & dilutive (in shares) 12,428,794 11,839,359 12,360,992 11,837,020
Mortgage Notes [Member]        
Other income (expense):        
Interest expense $ (1,525,845) $ (1,336,415) $ (3,041,051) $ (2,204,182)