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Note 13 - Segments (Tables) | 12 Months Ended
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Dec. 31, 2024
Notes Tables |
Schedule of Segment Reporting Information, Net Operating Income by Segment [Table Text Block] |
|  | For the Year Ended December 31, 2024 |
|  | Retail |  |  | Office/Industrial |  |  | Model Homes |  |  | Corporate and Other |  |  | Total |
Rental revenue |  | $ | 1,595,464 |  |  | $ | 9,778,458 |  |  | $ | 4,368,169 |  |  | $ | — |  |  | $ | 15,742,091 |
Recovery revenue |  |  | 463,158 |  |  |  | 2,318,564 |  |  |  | — |  |  |  | — |  |  |  | 2,781,722 |
Other operating revenue |  |  | 62,041 |  |  |  | 241,530 |  |  |  | 68,084 |  |  |  | 29,807 |  |  |  | 401,462 |
Total revenues |  |  | 2,120,663 |  |  |  | 12,338,552 |  |  |  | 4,436,253 |  |  |  | 29,807 |  |  |  | 18,925,275 |
Rental operating costs |  |  | 608,667 |  |  |  | 6,136,564 |  |  |  | 171,621 |  |  |  | (660,775 | ) |  |  | 6,256,077 |
Net Operating Income (NOI) |  |  | 1,511,996 |  |  |  | 6,201,988 |  |  |  | 4,264,632 |  |  |  | 690,582 |  |  |  | 12,669,198 |
Gain on Sale - Model Homes |  |  | — |  |  |  | — |  |  |  | 3,426,572 |  |  |  | — |  |  |  | 3,426,572 |
Impairment of Model Homes |  |  | — |  |  |  | — |  |  |  | (406,374 | ) |  |  | — |  |  |  | (406,374 | )
Adjusted NOI |  | $ | 1,511,996 |  |  | $ | 6,201,988 |  |  | $ | 7,284,830 |  |  | $ | 690,582 |  |  | $ | 15,689,396 |
|  | For the Year Ended December 31, 2023 |
|  | Retail |  |  | Office/Industrial |  |  | Model Homes |  |  | Corporate and Other |  |  | Total |
Rental revenue |  | $ | 1,488,167 |  |  | $ | 9,000,917 |  |  | $ | 4,142,765 |  |  | $ | — |  |  | $ | 14,631,849 |
Recovery revenue |  |  | 393,612 |  |  |  | 2,366,936 |  |  |  | — |  |  |  | — |  |  |  | 2,760,548 |
Other operating revenue |  |  | 2,551 |  |  |  | 207,102 |  |  |  | (10,636 | ) |  |  | 44,200 |  |  |  | 243,217 |
Total revenues |  |  | 1,884,330 |  |  |  | 11,574,955 |  |  |  | 4,132,129 |  |  |  | 44,200 |  |  |  | 17,635,614 |
Rental operating costs |  |  | 537,389 |  |  |  | 5,901,042 |  |  |  | 156,493 |  |  |  | (632,006 | ) |  |  | 5,962,918 |
Net Operating Income (NOI) |  |  | 1,346,941 |  |  |  | 5,673,913 |  |  |  | 3,975,636 |  |  |  | 676,206 |  |  |  | 11,672,696 |
Gain on Sale - Model Home |  |  | — |  |  |  | — |  |  |  | 3,240,200 |  |  |  | — |  |  |  | 3,240,200 |
Impairment of Model Homes |  |  | — |  |  |  | — |  |  |  | (431,984 | ) |  |  | — |  |  |  | (431,984 | )
Adjusted NOI |  | $ | 1,346,941 |  |  | $ | 5,673,913 |  |  | $ | 6,783,852 |  |  | $ | 676,206 |  |  | $ | 14,480,912 |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  | For the Year Ended December 31, 2024 |
|  | Retail |  |  | Office/Industrial |  |  | Model Homes |  |  | Corporate and Other |  |  | Total |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental income |  | $ | 2,058,622 |  |  | $ | 12,097,022 |  |  | $ | 4,368,169 |  |  | $ | — |  |  | $ | 18,523,813 |
Fees and other income |  |  | 62,041 |  |  |  | 241,530 |  |  |  | 68,084 |  |  |  | 29,807 |  |  |  | 401,462 |
Total revenue |  |  | 2,120,663 |  |  |  | 12,338,552 |  |  |  | 4,436,253 |  |  |  | 29,807 |  |  |  | 18,925,275 |
Costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental operating costs |  |  | 608,667 |  |  |  | 6,136,564 |  |  |  | 171,621 |  |  |  | (660,775 | ) |  |  | 6,256,077 |
General and administrative |  |  | — |  |  |  | 2,330 |  |  |  | 820,217 |  |  |  | 6,704,128 |  |  |  | 7,526,675 |
Depreciation and amortization |  |  | 394,461 |  |  |  | 4,154,769 |  |  |  | 952,627 |  |  |  | 13,661 |  |  |  | 5,515,518 |
Impairment of goodwill and real estate assets |  |  | — |  |  |  | 1,377,937 |  |  |  | 406,374 |  |  |  | 185,000 |  |  |  | 1,969,311 |
Total costs and expenses |  |  | 1,003,128 |  |  |  | 11,671,600 |  |  |  | 2,350,839 |  |  |  | 6,242,014 |  |  |  | 21,267,581 |
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense - mortgage notes |  |  | (577,761 | ) |  |  | (3,457,360 | ) |  |  | (2,009,641 | ) |  |  | (5,434 | ) |  |  | (6,050,196 | )
Interest and other income, net |  |  | — |  |  |  | (171,734 | ) |  |  | (23,890 | ) |  |  | 44,268 |  |  |  | (151,356 | )
Net loss in Conduit Pharmaceuticals marketable securities (see footnote 9) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (17,925,723 | ) |  |  | (17,925,723 | )
Gain on deconsolidation of SPAC (see footnote 9) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Gain on sales of real estate, net |  |  | — |  |  |  | — |  |  |  | 3,426,572 |  |  |  | — |  |  |  | 3,426,572 |
Income tax (expense) benefit |  |  | — |  |  |  | — |  |  |  | (55,543 | ) |  |  | (5,312 | ) |  |  | (60,855 | )
Total other income, net |  |  | (577,761 | ) |  |  | (3,629,094 | ) |  |  | 1,337,498 |  |  |  | (17,892,201 | ) |  |  | (20,761,558 | )
Net income (loss) |  |  | 539,774 |  |  |  | (2,962,142 | ) |  |  | 3,422,912 |  |  |  | (24,104,408 | ) |  |  | (23,103,864 | )
Less: Income attributable to noncontrolling interests |  |  | — |  |  |  | (86,686 | ) |  |  | (2,437,979 | ) |  |  | — |  |  |  | (2,524,665 | )
Net income (loss) attributable to Presidio Property Trust, Inc. stockholders |  | $ | 539,774 |  |  | $ | (3,048,828 | ) |  | $ | 984,933 |  |  | $ | (24,104,408 | ) |  | $ | (25,628,529 | )
|  | For the Year Ended December 31, 2023 |
|  | Retail |  |  | Office/Industrial |  |  | Model Homes |  |  | Corporate and Other |  |  | Total |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental income |  | $ | 1,881,780 |  |  | $ | 11,367,853 |  |  | $ | 4,142,764 |  |  | $ | — |  |  | $ | 17,392,397 |
Fees and other income |  |  | 2,550 |  |  |  | 207,102 |  |  |  | (10,635 | ) |  |  | 44,200 |  |  |  | 243,217 |
Total revenue |  |  | 1,884,330 |  |  |  | 11,574,955 |  |  |  | 4,132,129 |  |  |  | 44,200 |  |  |  | 17,635,614 |
Costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental operating costs |  |  | 537,389 |  |  |  | 5,901,042 |  |  |  | 156,493 |  |  |  | (632,006 | ) |  |  | 5,962,918 |
General and administrative |  |  | — |  |  |  | 18,691 |  |  |  | 865,368 |  |  |  | 5,906,373 |  |  |  | 6,790,432 |
Depreciation and amortization |  |  | 456,277 |  |  |  | 3,912,202 |  |  |  | 1,015,691 |  |  |  | 41,569 |  |  |  | 5,425,739 |
Impairment of goodwill and real estate assets |  |  | — |  |  |  | 1,966,113 |  |  |  | 431,984 |  |  |  | 849,000 |  |  |  | 3,247,097 |
Total costs and expenses |  |  | 993,666 |  |  |  | 11,798,048 |  |  |  | 2,469,536 |  |  |  | 6,164,936 |  |  |  | 21,426,186 |
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense - mortgage notes |  |  | (588,405 | ) |  |  | (2,744,996 | ) |  |  | (1,668,855 | ) |  |  | (2,633 | ) |  |  | (5,004,889 | )
Interest and other income, net |  |  | — |  |  |  | — |  |  |  | (27,775 | ) |  |  | 1,463,073 |  |  |  | 1,435,298 |
Net gain in Conduit Pharmaceuticals marketable securities (see footnote 9) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (23,359,774 | ) |  |  | (23,359,774 | )
Gain on deconsolidation of SPAC (see footnote 9) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 40,321,483 |  |  |  | 40,321,483 |
Gain on sales of real estate, net |  |  | — |  |  |  | — |  |  |  | 3,240,200 |  |  |  | — |  |  |  | 3,240,200 |
Income tax (expense) benefit |  |  | — |  |  |  | — |  |  |  | 400,464 |  |  |  | (64,684 | ) |  |  | 335,780 |
Total other income, net |  |  | (588,405 | ) |  |  | (2,744,996 | ) |  |  | 1,944,034 |  |  |  | 18,357,465 |  |  |  | 16,968,098 |
Net income (loss) |  |  | 302,259 |  |  |  | (2,968,089 | ) |  |  | 3,606,627 |  |  |  | 12,236,729 |  |  |  | 13,177,526 |
Less: Income attributable to noncontrolling interests |  |  | — |  |  |  | (94,500 | ) |  |  | (2,936,580 | ) |  |  | — |  |  |  | (3,031,080 | )
Net income (loss) attributable to Presidio Property Trust, Inc. stockholders |  | $ | 302,259 |  |  | $ | (3,062,589 | ) |  | $ | 670,047 |  |  | $ | 12,236,729 |  |  | $ | 10,146,446 |
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
|  | December 31, |  |  | December 31, |
Assets by Reportable Segment: |  | 2024 |  |  | 2023 |
Office/Industrial Properties: |  |  |  |  |  |  |  |
Land, buildings and improvements, net (1) |  | $ | 74,425,180 |  |  | $ | 77,472,724 |
Total assets (2) |  | $ | 76,292,662 |  |  | $ | 78,140,372 |
Model Home Properties: |  |  |  |  |  |  |  |
Land, buildings and improvements, net (1) |  | $ | 37,416,000 |  |  | $ | 50,790,147 |
Total assets (2) |  | $ | 38,166,964 |  |  | $ | 51,456,292 |
Retail Properties: |  |  |  |  |  |  |  |
Land, buildings and improvements, net (1) |  | $ | 15,743,789 |  |  | $ | 15,877,190 |
Total assets (2) |  | $ | 16,673,605 |  |  | $ | 16,539,399 |
Reconciliation to Total Assets: |  |  |  |  |  |  |  |
Total assets for reportable segments |  | $ | 131,133,231 |  |  | $ | 146,136,063 |
Corporate and other assets: |  |  |  |  |  |  |  |
Cash, cash equivalents and restricted cash |  |  | 564,922 |  |  |  | 277,143 |
Other assets, net |  |  | 10,871,497 |  |  |  | 29,549,432 |
Total Assets |  | $ | 142,569,650 |  |  | $ | 175,962,638 |
Segment, Reconciliation of Other Items from Segments to Consolidated [Table Text Block] |
|  | For the Year Ended December 31, |
Capital Expenditures by Reportable Segment |  | 2024 |  |  | 2023 |
Office/Industrial Properties: |  |  |  |  |  |  |  |
Capital expenditures and tenant improvements, office |  | $ | 2,044,704 |  |  | $ | 6,217,027 |
Model Home Properties: |  |  |  |  |  |  |  |
Acquisition of operating properties, model home |  |  | 9,729,351 |  |  |  | 21,909,963 |
Retail Properties: |  |  |  |  |  |  |  |
Capital expenditures and tenant improvements, retail |  |  | 217,121 |  |  |  | 150,522 |
Totals: |  |  |  |  |  |  |  |
Acquisition of operating properties, net |  |  | 9,729,351 |  |  |  | 21,909,963 |
Capital expenditures and tenant improvements |  |  | 2,261,825 |  |  |  | 6,367,549 |
Total real estate investments |  | $ | 11,991,176 |  |  | $ | 28,277,512 |

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