XML 69 R59.htm IDEA: XBRL DOCUMENT
v3.21.2

Subsequent Event - Additional Information (Details) |  |  |  |  |  |  |  |  |  |  |  | 9 Months Ended
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Nov. 11, 2021 USD ($) ft² Tenant | Oct. 28, 2021 USD ($) ft² | Oct. 27, 2021 USD ($) ft² | Oct. 26, 2021 USD ($) | Oct. 11, 2021 USD ($) ft² | Oct. 06, 2021 $ / shares | Oct. 05, 2021 USD ($) shares | Aug. 25, 2021 | Feb. 26, 2021 | Jun. 23, 2020 | Jan. 31, 2020 | Sep. 30, 2021 Tenant | Sep. 30, 2020 Tenant
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of tenants | Tenant |  |  |  |  |  |  |  |  |  |  |  | 4 | 4
Board of Directors Authorized Date |  |  |  |  |  |  |  | Aug. 25, 2021 | Feb. 26, 2021 | Jun. 23, 2020 | Jan. 31, 2020 |  |
Record Date |  |  |  |  |  |  |  | Aug. 31, 2021 | Mar. 15, 2021 | Jul. 02, 2020 | Feb. 28, 2020 |  |
Subsequent Event |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Board of Directors Authorized Date |  |  |  |  |  | Oct. 05, 2021 |  |  |  |  |  |  |
Subsequent Event | GIP LP |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Dividends payable, amount per share | $ / shares |  |  |  |  |  | $ 0.054 |  |  |  |  |  |  |
Subsequent Event | Dividend Tranche One |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Dividends payable, amount per share | $ / shares |  |  |  |  |  | $ 0.054 |  |  |  |  |  |  |
Record Date |  |  |  |  |  | Oct. 15, 2021 |  |  |  |  |  |  |
Dividends payable, date to be paid |  |  |  |  |  | Oct. 30, 2021 |  |  |  |  |  |  |
Subsequent Event | Dividend Tranche Two |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Dividends payable, amount per share | $ / shares |  |  |  |  |  | $ 0.054 |  |  |  |  |  |  |
Record Date |  |  |  |  |  | Nov. 15, 2021 |  |  |  |  |  |  |
Dividends payable, date to be paid |  |  |  |  |  | Nov. 30, 2021 |  |  |  |  |  |  |
Subsequent Event | Dividend Tranche Three |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Dividends payable, amount per share | $ / shares |  |  |  |  |  | $ 0.054 |  |  |  |  |  |  |
Record Date |  |  |  |  |  | Dec. 31, 2015 |  |  |  |  |  |  |
Dividends payable, date to be paid |  |  |  |  |  | Dec. 30, 2021 |  |  |  |  |  |  |
Subsequent Event | Contribution and Subscription Agreement |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from issuance of operating partnership units |  |  |  |  | $ 1,100,000 |  |  |  |  |  |  |  |
Proceeds from issuance of debt |  |  |  |  | $ 1,100,000 |  |  |  |  |  |  |  |
Subsequent Event | Commitment Letter | American Momentum Bank |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Line of credit, maximum borrowing capacity |  |  |  | $ 25,000,000 |  |  |  |  |  |  |  |  |
Line of credit, commitment fee |  |  |  | 0.50% |  |  |  |  |  |  |  |  |
Interest-only payment term of loan |  |  |  | 24 months |  |  |  |  |  |  |  |  |
Loan term |  |  |  | 2 years |  |  |  |  |  |  |  |  |
Minimum debt service coverage ratio to be maintained by borrower |  |  |  | 1.50 |  |  |  |  |  |  |  |  |
Loan term after closing date initial loan |  |  |  | 2 years |  |  |  |  |  |  |  |  |
Subsequent Event | Commitment Letter | Floor Rate | American Momentum Bank |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Line of credit, interest rate |  |  |  | 3.25% |  |  |  |  |  |  |  |  |
Subsequent Event | Commitment Letter | Initial Loan | American Momentum Bank |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Loan expiration date |  |  |  | Dec. 31, 2021 |  |  |  |  |  |  |  |  |
Plant City F L | Subsequent Event |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Bonus shares | shares |  |  |  |  |  |  | 10,000 |  |  |  |  |  |
Cash bonus interest contribution |  |  |  |  |  |  | $ 125,000 |  |  |  |  |  |
Retail Building | Subsequent Event | Purchase and Sale Agreement | Grand Junction, Colorado |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Area of property | ft² |  | 30,000 |  |  |  |  |  |  |  |  |  |  |
Asset acquisition, total consideration costs |  | $ 4,700,000 |  |  |  |  |  |  |  |  |  |  |
Remaining lease term of property |  | 5 years 6 months |  |  |  |  |  |  |  |  |  |  |
Lease annualized base rent |  | $ 353,000 |  |  |  |  |  |  |  |  |  |  |
Retail Building | Subsequent Event | Purchase and Sale Agreement | Chicago, Illinois |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Area of property | ft² |  |  | 11,000 |  |  |  |  |  |  |  |  |  |
Asset acquisition, total consideration costs |  |  | $ 3,100,000 |  |  |  |  |  |  |  |  |  |
Remaining lease term of property |  |  | 5 years |  |  |  |  |  |  |  |  |  |
Lease annualized base rent |  |  | $ 224,000 |  |  |  |  |  |  |  |  |  |
Retail Building | Subsequent Event | Purchase and Sale Agreement | Austin and San Marcos Texas |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Area of property | ft² | 12,900 |  |  |  |  |  |  |  |  |  |  |  |
Asset acquisition, total consideration costs | $ 8,000,000 |  |  |  |  |  |  |  |  |  |  |  |
Lease annualized base rent | $ 1,100,000 |  |  |  |  |  |  |  |  |  |  |  |
Number of tenants | Tenant | 3 |  |  |  |  |  |  |  |  |  |  |  |
Retail Building | Subsequent Event | Purchase and Sale Agreement | Austin and San Marcos Texas | Initial Leasehold |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Remaining lease term of property | 9 years |  |  |  |  |  |  |  |  |  |  |  |
Retail Building | Subsequent Event | Purchase and Sale Agreement | Austin and San Marcos Texas | Initial Ground Lease |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Remaining lease term of property | 4 years |  |  |  |  |  |  |  |  |  |  |  |
Lease annualized base rent | $ 511,000 |  |  |  |  |  |  |  |  |  |  |  |
Retail Building | Subsequent Event | Contribution and Subscription Agreement | Tampa, Florida |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Area of property | ft² |  |  |  |  | 2,600 |  |  |  |  |  |  |  |
Asset acquisition, total consideration costs |  |  |  |  | $ 2,200,000 |  |  |  |  |  |  |  |
Remaining lease term of property |  |  |  |  | 6 months |  |  |  |  |  |  |  |
Lease annualized base rent |  |  |  |  | $ 135,000 |  |  |  |  |  |  |  |

X
- Definition Bonus shares. + References No definition available. + Details
Name: | gipr_BonusShares
Namespace Prefix: | gipr_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Cash bonus interest contribution. + References No definition available. + Details
Name: | gipr_CashBonusInterestContribution
Namespace Prefix: | gipr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Debt, interest-only payment term. + References No definition available. + Details
Name: | gipr_DebtInterestOnlyPaymentTerm
Namespace Prefix: | gipr_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Loan term after closing date initial loan. + References No definition available. + Details
Name: | gipr_LoanTermAfterClosingDateInitialLoan
Namespace Prefix: | gipr_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Minimum debt service coverage ratio to be maintained by borrower. + References No definition available. + Details
Name: | gipr_MinimumDebtServiceCoverageRatioToBeMaintainedByBorrower
Namespace Prefix: | gipr_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of tenants. + References No definition available. + Details
Name: | gipr_NumberOfTenants
Namespace Prefix: | gipr_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Area of land held. + References No definition available. + Details
Name: | us-gaap_AreaOfLand
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:areaItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of consideration transferred in asset acquisition. Includes, but is not limited to, cash, liability incurred by acquirer, and equity interest issued by acquirer. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 50 -Section 30 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=123362884&loc=d3e9215-128498 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 50 -Section 55 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6829253&loc=SL6831962-166255 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 50 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123385561&loc=d3e9135-128495 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 50 -Section 30 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123362884&loc=d3e9212-128498 + Details
Name: | us-gaap_AssetAcquisitionConsiderationTransferred
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Date the declared dividend will be paid, in YYYY-MM-DD format. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123431023&loc=d3e4304-108586 + Details
Name: | us-gaap_DividendPayableDateToBePaidDayMonthAndYear
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition The per share amount of a dividend declared, but not paid, as of the financial reporting date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123431023&loc=d3e4304-108586 + Details
Name: | us-gaap_DividendsPayableAmountPerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Date the dividend to be paid was declared, in YYYY-MM-DD format. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123431023&loc=d3e4304-108586 + Details
Name: | us-gaap_DividendsPayableDateDeclaredDayMonthAndYear
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Date the holder must own the stock to be entitled to the dividend, in YYYY-MM-DD format. + References No definition available. + Details
Name: | us-gaap_DividendsPayableDateOfRecordDayMonthAndYear
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Remaining lease term of operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918673-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseRemainingLeaseTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Date the credit facility terminates, in YYYY-MM-DD format. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityExpirationDate1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition The effective interest rate during the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityInterestRateDuringPeriod
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of single lease cost, calculated by allocation of remaining cost of lease over remaining lease term. Includes, but is not limited to, single lease cost, after impairment of right-of-use asset, calculated by amortization of remaining right-of-use asset and accretion of lease liability. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 55 -Paragraph 53 -URI http://asc.fasb.org/extlink&oid=123414884&loc=SL77918982-209971 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980 + Details
Name: | us-gaap_OperatingLeaseCost
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow during the period from additional borrowings in aggregate debt. Includes proceeds from short-term and long-term debt. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOfDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The proceeds from the sale of an interest in a unit of partnership. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromSaleOfInterestInPartnershipUnit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. + References No definition available. + Details
Name: | us-gaap_SubsequentEventLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=gipr_GIPLPMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DividendsAxis=gipr_DividendTrancheOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DividendsAxis=gipr_DividendTrancheTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DividendsAxis=gipr_DividendTrancheThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=gipr_ContributionAndSubscriptionAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=gipr_CommitmentLetterMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=gipr_AmericanMomentumBankMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_InterestRateFloorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=gipr_InitialLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AssetAcquisitionAxis=gipr_PlantCityFLMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AssetAcquisitionAxis=gipr_RetailBuildingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=gipr_PurchaseAndSaleAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=gipr_GrandJunctionColoradoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=gipr_ChicagoIllinoisMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=gipr_AustinAndSanMarcosTexasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LeaseContractualTermAxis=gipr_LeaseholdTermOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LeaseContractualTermAxis=gipr_LeaseholdTermTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=gipr_TampaFloridaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |