Note 7 - Mortgage Notes Payable (Tables)

3 Months Ended

Mar. 31, 2021

Notes Tables

Schedule of Debt [Table Text Block]

			Principal as of
			March 31,			December 31,			Loan	Interest
Mortgage note property	Notes		2021			2020			Type	Rate (1)			Maturity
Waterman Plaza		(2)	$	—		$	3,207,952		Variable		—		—
World Plaza		(3) (4)		5,776,741			5,802,568		Variable		2.91	%	7/5/2021
Garden Gateway Plaza		(2)		—			5,861,523		Fixed		5.00	%	8/5/2021
300 N.P.				2,263,143			2,273,478		Fixed		4.95	%	6/11/2022
Highland Court		(3)		6,236,527			6,274,815		Fixed		3.82	%		9/1/2022
Dakota Center				9,843,880			9,900,279		Fixed		4.74	%	7/6/2024
Research Parkway				1,746,886			1,760,432		Fixed		3.94	%	1/5/2025
Arapahoe Service Center				7,891,395			7,932,255		Fixed		4.34	%	1/5/2025
Union Town Center				8,279,408			8,315,550		Fixed		4.28	%	1/5/2025
One Park Centre				6,357,531			6,385,166		Fixed		4.77	%	9/5/2025
Genesis Plaza				6,248,822			6,276,273		Fixed		4.71	%	9/6/2025
Shea Center II				17,681,769			17,727,500		Fixed		4.92	%	1/5/2026
Executive Office Park		(3)		2,967,746			2,985,998		Fixed		4.83	%	6/1/2027
West Fargo Industrial				4,234,489			4,262,718		Fixed		3.27	%	8/5/2029
Grand Pacific Center		(5)		3,708,966			3,738,142		Fixed		4.02	%	8/1/2037
Subtotal, Presidio Property Trust, Inc. Properties			$	83,237,303		$	92,704,649
Model Home mortgage notes		(3)		26,332,673			28,083,356		Fixed		(6	)		2021 - 2023
Mortgage Notes Payable			$	109,569,976		$	120,788,005
Unamortized loan costs				(884,795	)		(758,309	)
Mortgage Notes Payable, net			$	108,685,181		$	120,029,696

Contractual Obligation, Fiscal Year Maturity [Table Text Block]

	Presidio Property		Model
	Trust, Inc.		Homes		Total Principal
Years ending December 31:	Notes Payable		Notes Payable		Payments
2021	$	6,945,593	$	4,401,258	$	11,346,851
2022		9,780,330		11,526,092		21,306,422
2023		1,493,749		4,695,187		6,188,936
2024		10,448,812		5,710,136		16,158,948
2025		28,874,478		—		28,874,478
Thereafter		25,694,340		—		25,694,340
Total	$	83,237,302	$	26,332,673	$	109,569,975