XML 66 R56.htm IDEA: XBRL DOCUMENT v3.25.3
Note 13 - Segments - Schedule of Segment Reporting (Details) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Rental income $ 4,108,866     $ 4,640,816     $ 12,423,048 $ 13,754,740
Fees and other income 87,276     82,558     277,018 345,236
Total revenue 4,196,142     4,723,374     12,700,066 14,099,976
Rental operating costs 1,534,563     1,598,015     4,609,810 4,654,087
General and administrative 1,450,061     1,629,919     4,335,697 5,917,286
Depreciation and amortization 1,235,640     1,455,882     3,691,435 4,158,270
Impairment of goodwill and real estate assets 82,913     697,146     4,427,245 893,939
Total costs and expenses 4,303,177     5,380,962     17,064,187 15,623,582
Interest and other income, net 5,263     5,263     15,618 15,116
Net loss in Conduit Pharmaceuticals marketable securities (see Note 9) (212)     (3,932,770)     (184,672) (17,821,437)
Gain on sales of real estate, net 300,975     361,151     5,078,302 3,191,149
Income tax expense (benefit) 14,871     (6,911)     (13,630) (167,496)
Total other income (expense), net (1,178,178)     (5,046,795)     408,203 (19,297,247)
Net loss (1,285,213) $ (5,047,620) $ 2,376,915 (5,704,383) $ (11,378,675) $ (3,737,795) (3,955,918) (20,820,853)
Less: Income attributable to noncontrolling interests (5,635)     (355,153)     (346,103) (2,328,386)
Net loss attributable to Presidio Property Trust, Inc. stockholders (1,290,848)     (6,059,536)     (4,302,021) (23,149,239)
Mortgage Notes [Member]                
Interest expense - mortgage notes (1,499,075)     (1,473,528)     (4,487,415) (4,514,579)
Operating Segments [Member] | Retail Properties [Member]                
Rental income 93,574     511,315     450,026 1,477,382
Fees and other income 0     600     400 63,774
Total revenue 93,574     511,915     450,426 1,541,156
Rental operating costs 4,828     140,820     110,219 437,415
General and administrative 0     0     0 0
Depreciation and amortization 22,928     121,852     77,545 359,730
Impairment of goodwill and real estate assets 0     0     0 0
Total costs and expenses 27,756     262,672     187,764 797,145
Interest and other income, net 0     0     0 0
Net loss in Conduit Pharmaceuticals marketable securities (see Note 9) 0     0     0 0
Gain on sales of real estate, net 281,290     0     4,494,358 0
Income tax expense (benefit) 0     0     0 0
Total other income (expense), net 241,528     (144,740)     4,256,556 (434,228)
Net loss 307,346     104,503     4,519,218 309,783
Less: Income attributable to noncontrolling interests 0     0     0 0
Net loss attributable to Presidio Property Trust, Inc. stockholders 307,346     104,503     4,519,218 309,783
Operating Segments [Member] | Retail Properties [Member] | Mortgage Notes [Member]                
Interest expense - mortgage notes (39,762)     (144,740)     (237,802) (434,228)
Operating Segments [Member] | Office/Industrial Properties [Member]                
Rental income 2,979,369     3,121,910     9,002,277 8,918,304
Fees and other income 64,450     64,145     191,705 180,287
Total revenue 3,043,819     3,186,055     9,193,982 9,098,591
Rental operating costs 1,627,174     1,588,099     4,795,036 4,596,133
General and administrative 245     460     17,095 460
Depreciation and amortization 987,602     1,111,382     2,942,345 3,049,455
Impairment of goodwill and real estate assets 0     655,490     4,226,620 655,490
Total costs and expenses 2,615,021     3,355,431     11,981,096 8,301,538
Interest and other income, net 0     0     0 0
Net loss in Conduit Pharmaceuticals marketable securities (see Note 9) 0     0     0 0
Gain on sales of real estate, net 0     0     0 0
Income tax expense (benefit) 0     0     0 0
Total other income (expense), net (932,226)     (862,184)     (2,745,509) (2,554,415)
Net loss (503,428)     (1,031,560)     (5,532,623) (1,757,362)
Less: Income attributable to noncontrolling interests (9,777)     (11,970)     (39,392) (73,164)
Net loss attributable to Presidio Property Trust, Inc. stockholders (513,205)     (1,043,530)     (5,572,015) (1,830,526)
Operating Segments [Member] | Office/Industrial Properties [Member] | Mortgage Notes [Member]                
Interest expense - mortgage notes (932,226)     (862,184)     (2,745,509) (2,554,415)
Operating Segments [Member] | Model Home Properties [Member]                
Rental income 1,035,923     1,007,591     2,970,745 3,359,054
Fees and other income 7,103     (4,758)     5,776 68,147
Total revenue 1,043,026     1,002,833     2,976,521 3,427,201
Rental operating costs 48,743     38,215     146,840 121,151
General and administrative 174,265     172,544     592,160 617,215
Depreciation and amortization 223,876     219,489     667,842 736,658
Impairment of goodwill and real estate assets 82,913     41,656     200,625 238,449
Total costs and expenses 529,797     471,904     1,607,467 1,713,473
Interest and other income, net 8     8     23 23
Net loss in Conduit Pharmaceuticals marketable securities (see Note 9) 0     0     0 0
Gain on sales of real estate, net 19,685     361,151     583,944 3,191,149
Income tax expense (benefit) 14,871     (6,741)     (37,610) (145,847)
Total other income (expense), net (491,191)     (110,811)     (953,744) 1,523,394
Net loss 22,038     420,118     415,310 3,237,122
Less: Income attributable to noncontrolling interests 4,142     (343,183)     (306,711) (2,255,222)
Net loss attributable to Presidio Property Trust, Inc. stockholders 26,180     76,935     108,599 981,900
Operating Segments [Member] | Model Home Properties [Member] | Mortgage Notes [Member]                
Interest expense - mortgage notes (525,755)     (465,229)     (1,500,101) (1,521,931)
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]                
Rental income 0     0     0 0
Fees and other income 15,723     22,571     79,137 33,028
Total revenue 15,723     22,571     79,137 33,028
Rental operating costs (146,182)     (169,119)     (442,285) (500,612)
General and administrative 1,275,551     1,456,915     3,726,442 5,299,611
Depreciation and amortization 1,234     3,159     3,703 12,427
Impairment of goodwill and real estate assets 0     0     0 0
Total costs and expenses 1,130,603     1,290,955     3,287,860 4,811,426
Interest and other income, net 5,255     5,255     15,595 15,093
Net loss in Conduit Pharmaceuticals marketable securities (see Note 9) (212)     (3,932,770)     (184,672) (17,821,437)
Gain on sales of real estate, net 0     0     0 0
Income tax expense (benefit) 0     (170)     23,980 (21,649)
Total other income (expense), net 3,711     (3,929,060)     (149,100) (17,831,998)
Net loss (1,111,169)     (5,197,444)     (3,357,823) (22,610,396)
Less: Income attributable to noncontrolling interests 0     0     0 0
Net loss attributable to Presidio Property Trust, Inc. stockholders (1,111,169)     (5,197,444)     (3,357,823) (22,610,396)
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] | Mortgage Notes [Member]                
Interest expense - mortgage notes $ (1,332)     $ (1,375)     $ (4,003) $ (4,005)