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Note 7 - Mortgage Notes Payable (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Schedule of Debt [Table Text Block]

		Principal as of
		December 31,				December 31,				Loan			Interest
Mortgage note property		2024				2023				Type			Rate (1)				Maturity
Dakota Center (2)			9,091,395			$	9,197,346			Fixed				4.74	%		7/6/2024
Research Parkway (6)			1,526,860				1,588,742			Fixed				3.94	%		1/5/2025
Arapahoe Service Center			8,670,000				7,426,088			Fixed				6.75	%		12/5/2029
Union Town Center (6)			7,709,746				7,870,468			Fixed				4.28	%		1/5/2025
One Park Centre (6)			5,919,517				6,043,882			Fixed				4.77	%		9/5/2025
Genesis Plaza (6)			5,813,843				5,937,251			Fixed				4.71	%		9/6/2025
Shea Center II			16,660,803				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)			6,460,405				5,470,305			Fixed				6.35	%		5/10/2033
Baltimore			5,670,000				5,670,000			Fixed				4.67	%		4/6/2032
Mandolin			3,508,702				3,573,201			Fixed				4.35	%			4/20/2029
Subtotal, Presidio Property Trust, Inc. Properties		$	76,781,271			$	73,651,207
Model Home mortgage notes (5)			26,060,798				34,815,699			Fixed				5.34% - 8.00%			2025 - 2029
Mortgage Notes Payable		$	102,842,069			$	108,466,906
Unamortized loan costs			(747,975	)			(753,633	)
Mortgage Notes Payable, net		$	102,094,094			$	107,713,273

Contractual Obligation, Fiscal Year Maturity [Table Text Block]

		Commercial				Model
		Properties				Homes				Total Principal
Years ending December 31:		Notes Payable				Notes Payable				Payments
2025		$	30,494,515			$	8,283,913			$	38,778,428
2026			16,654,441				1,668,193				18,322,634
2027			302,885				495,924				798,809
2028			322,652				9,575,775				9,898,427
2029			17,291,085				6,036,993				23,328,078
Thereafter			11,715,693				—				11,715,693
Total		$	76,781,271			$	26,060,798			$	102,842,069

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.

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