Presidio Property Trust (SQFT) S-11/A 17 Dec 21 Registration of securities for real estate companies (amended) Financial data

Cover

Cover	9 Months Ended
	Sep. 30, 2021
Entity Addresses [Line Items]
Document Type	S-11/A
Amendment Flag	true
Amendment Description	AMENDMENT NO. 1
Entity Registrant Name	Presidio Property Trust, Inc.
Entity Central Index Key	0001080657
Entity Address, Address Line One	4995 Murphy Canyon Road
Entity Address, Address Line Two	Suite 300
Entity Address, Address Line Three	San Diego
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92123
City Area Code	(760)
Local Phone Number	471-8536
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Business Contact [Member]
Entity Addresses [Line Items]
Entity Address, Address Line One	4995 Murphy Canyon Road
Entity Address, Address Line Two	Suite 300
Entity Address, Address Line Three	San Diego
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92123
City Area Code	(760)
Local Phone Number	471-8536

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Real estate assets and lease intangibles:
Land	$ 18,082,521	$ 18,827,000	$ 19,844,739
Buildings and improvements	110,786,670	115,409,423	118,446,764
Tenant improvements	12,466,083	11,960,018	10,696,181
Lease intangibles	4,110,139	4,110,139	4,230,706
Real estate assets and lease intangibles held for investment, cost	145,445,413	150,306,580	153,218,390
Accumulated depreciation and amortization	(29,564,702)	(26,551,789)	(22,482,219)
Real estate assets and lease intangibles held for investment, net	115,880,711	123,754,791	130,736,171
Real estate assets held for sale, net	10,006,947	42,499,176	69,470,449
Real estate assets, net	125,887,658	166,253,967	200,206,620
Cash, cash equivalents and restricted cash	27,816,296	11,540,917	10,391,275
Deferred leasing costs, net	1,258,134	1,927,951	2,053,927
Goodwill	2,423,000	2,423,000	2,423,000
Other assets, net	4,449,538	3,422,781	5,709,586
TOTAL ASSETS	161,834,626	185,568,616	220,784,408
Liabilities:
Mortgage notes payable, net	86,061,131	94,664,266	99,996,306
Mortgage notes payable related to properties held for sale, net	194,549	25,365,430	42,396,686
Mortgage notes payable, total net	86,255,680	120,029,696	142,392,992
Note payable, net		7,500,086	12,238,692
Accounts payable and accrued liabilities	4,704,493	5,126,199	5,673,815
Accrued real estate taxes	1,508,006	2,548,686	2,987,601
Dividends payable preferred stock	179,685
Lease liability, net	82,439	102,323	560,188
Below-market leases, net	86,852	139,045	309,932
Total liabilities	92,817,155	135,446,035	164,163,220
Commitments and contingencies (Note 10)
Equity:
Preferred stock, value	9,200
Series A Common Stock, $0.01 par value, shares authorized: 100,000,000; 9,508,363 and 8,881,842 shares were both issued and outstanding at December 31, 2020 and December 31, 2019, respectively	114,902	95,038	88,818
Additional paid-in capital	185,727,368	156,463,146	152,129,120
Dividends and accumulated losses	(128,207,540)	(121,674,505)	(113,037,144)
Total stockholders’ equity before noncontrolling interest	57,643,930	34,883,679	39,180,794
Noncontrolling interest	11,373,541	15,238,902	17,440,394
Total equity	69,017,471	50,122,581	56,621,188
TOTAL LIABILITIES AND EQUITY	$ 161,834,626	$ 185,568,616	$ 220,784,408

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Preferred stock, shares authorized	1,000,000	1,000,000
Series D Preferred Stock [Member]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	920,000	0
Preferred stock, shares outstanding	920,000	0
Preferred stock, liquidation preference	$ 25	$ 25
Series A Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000	100,000,000
Common stock, shares issued	11,490,230	9,508,363	8,881,842
Common stock, shares outstanding	11,490,230	9,508,363	8,881,842

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Revenues:
Rental income	$ 4,185,212	$ 5,433,303	$ 14,216,234	$ 18,098,514	$ 23,444,119	$ 27,467,410
Fees and other income	190,967	230,265	675,283	715,609	907,673	1,173,701
Total revenue	4,376,179	5,663,568	14,891,517	18,814,123	24,351,792	28,641,111
Costs and expenses:
Rental operating costs	1,414,518	2,108,621	4,739,256	6,489,547	8,818,283	10,410,574
General and administrative	1,479,261	1,366,380	4,361,297	3,996,696	5,751,754	5,268,315
Depreciation and amortization	1,306,874	1,626,917	4,104,018	4,823,673	6,274,321	7,364,688
Impairment of real estate assets			300,000	845,674	1,730,851
Total costs and expenses	4,200,653	5,101,918	13,504,571	16,155,590	22,575,209	23,043,577
Other income (expense):
Interest expense-Series B preferred stock						(2,226,101)
Interest expense-mortgage notes	(1,030,883)	(1,439,771)	(3,542,940)	(4,605,175)	6,097,834	7,337,423
Interest expense - note payable		(704,189)	(279,373)	(2,365,987)	(2,715,233)	(1,086,122)
Interest and other (expense), net	(13,886)	(12,270)	(67,329)	(10,865)
Interest and other income (expense), net					(20,636)	141,306
Gain on sales of real estate, net	627,322	332,714	2,060,336	656,975	1,245,460	6,319,272
Gain on extinguishment of government debt			10,000		451,785
Deferred offering costs					(530,639)
Acquisition costs						(24,269)
Income tax expense	(182,607)	(122,602)	(471,506)	(257,602)	370,884	611,263
Total other income (expense), net	(600,054)	(1,946,118)	(2,290,812)	(6,582,654)	(8,037,981)	(4,824,600)
Net (loss) income	(424,528)	(1,384,468)	(903,866)	(3,924,121)	(6,261,398)	772,934
Less: Loss attributable to noncontrolling interests	(427,303)	(363,777)	(1,759,608)	(854,070)	1,412,507	1,383,140
Net loss attributable to Presidio Property Trust, Inc. common stockholders	(851,831)	(1,748,245)	(2,663,474)	(4,778,191)	$ (7,673,905)	$ (610,206)
Less: Preferred Stock Series D dividends	(539,056)		(634,892)
Net loss attributable to Presidio Property Trust, Inc. common stockholders	$ (1,390,887)	$ (1,748,245)	$ (3,298,366)	$ (4,778,191)
Net income (loss) per share attributable to Presidio Property Trust, Inc. common stockholders:
Basic and diluted loss per common share	$ (0.13)	$ (0.20)	$ (0.33)	$ (0.54)	$ (0.85)	$ (0.07)
Weighted average number of common shares outstanding - basic and diluted	10,833,847	8,922,525	9,955,046	8,900,547	9,023,914	8,862,958

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Equity - USD ($)	Series D Preferred Stock [Member]Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Parent [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Dec. 31, 2018		$ 88,608	$ 151,670,625	$ (111,343,840)	$ 40,415,393	$ 15,725,650	$ 56,141,043
Beginning balance, shares at Dec. 31, 2018		8,860,711
Net income (loss)				(610,206)	(610,206)	1,383,140	772,934
Dividends paid				(1,083,098)	(1,083,098)		(1,083,098)
Contributions received from noncontrolling interests, net of distributions paid						331,604	331,604
Repurchase of common stock		$ (306)	(227,122)		(227,428)		(227,428)
Repurchase of common stock, shares		(30,498)
Vesting of restricted stock		$ 516	685,617		686,133		686,133
Vesting of restricted stock, shares		51,629
Ending balance, value at Dec. 31, 2019		$ 88,818	152,129,120	(113,037,144)	39,180,794	17,440,394	56,621,188
Ending balance, shares at Dec. 31, 2019		8,881,842
Net income (loss)				(1,107,130)	(1,107,130)	175,011	(932,119)
Distributions in excess of contributions received						(277,472)	(277,472)
Ending balance, value at Mar. 31, 2020		$ 88,818	152,129,120	(114,144,274)	38,073,664	17,337,933	55,411,597
Ending balance, shares at Mar. 31, 2020		8,881,842
Beginning balance, value at Dec. 31, 2019		$ 88,818	152,129,120	(113,037,144)	39,180,794	17,440,394	56,621,188
Beginning balance, shares at Dec. 31, 2019		8,881,842
Net income (loss)							(3,924,121)
Ending balance, value at Sep. 30, 2020		$ 89,220	153,358,708	(117,815,335)	35,632,593	16,688,117	52,320,710
Ending balance, shares at Sep. 30, 2020		8,922,036
Beginning balance, value at Dec. 31, 2019		$ 88,818	152,129,120	(113,037,144)	39,180,794	17,440,394	56,621,188
Beginning balance, shares at Dec. 31, 2019		8,881,842
Net income (loss)				(7,673,905)	(7,673,905)	1,412,507	(6,261,398)
Dividends paid				(963,456)	(963,456)		(963,456)
Shares issued, initial public offering, net of fees		$ 5,000	1,999,984		2,004,984		2,004,984
Shares issued, initial public offering, net of fees, shares		500,000
Issuance of stock, net of issuance cost, shares		59,274
Share reconciliation adjustment		$ (162)	162
Share reconciliation adjustment, shares		(16,080)
Issuance of stock for Limited Partnership interests		$ 594	1,247,396		1,247,990	(1,247,990)
Issuance of stock for Limited Partnership interests, shares		59,274
Distributions in excess of contributions received						(2,366,009)	(2,366,009)
Repurchase of common stock		$ (30)	(17,970)		(18,000)		(18,000)
Repurchase of common stock, shares		(3,000)
Vesting of restricted stock		$ 818	1,104,454		1,105,272		1,105,272
Vesting of restricted stock, shares		86,327
Ending balance, value at Dec. 31, 2020		$ 95,038	156,463,146	(121,674,505)	34,883,679	15,238,902	50,122,581
Ending balance, shares at Dec. 31, 2020		9,508,363
Beginning balance, value at Mar. 31, 2020		$ 88,818	152,129,120	(114,144,274)	38,073,664	17,337,933	55,411,597
Beginning balance, shares at Mar. 31, 2020		8,881,842
Net income (loss)				(1,922,816)	(1,922,816)	315,282	(1,607,534)
Contributions received from noncontrolling interests, net of distributions paid						66,697	66,697
Share reconciliation adjustment		$ (162)	162
Share reconciliation adjustment, shares		(16,080)
Issuance of stock for Limited Partnership interests		$ 594	1,247,396		1,247,990	(1,247,990)
Issuance of stock for Limited Partnership interests, shares		59,274
Ending balance, value at Jun. 30, 2020		$ 89,250	153,376,678	(116,067,090)	37,398,838	16,471,922	53,870,760
Ending balance, shares at Jun. 30, 2020		8,925,036
Net income (loss)				(1,748,245)	(1,748,245)	363,777	(1,384,468)
Distributions in excess of contributions received						(147,582)	(147,582)
Repurchase of common stock		$ (30)	(17,970)		(18,000)		(18,000)
Repurchase of common stock, shares		(3,000)
Ending balance, value at Sep. 30, 2020		$ 89,220	153,358,708	(117,815,335)	35,632,593	16,688,117	52,320,710
Ending balance, shares at Sep. 30, 2020		8,922,036
Beginning balance, value at Dec. 31, 2020		$ 95,038	156,463,146	(121,674,505)	34,883,679	15,238,902	50,122,581
Beginning balance, shares at Dec. 31, 2020		9,508,363
Net income (loss)				(2,661,682)	(2,661,682)	406,608	(2,255,074)
Dividends paid				(998,795)	(998,795)		(998,795)
Distributions in excess of contributions received						(2,034,212)	(2,034,212)
Repurchase of common stock, shares
Ending balance, value at Mar. 31, 2021		$ 95,038	156,463,146	(125,334,982)	31,223,202	13,611,298	44,834,500
Ending balance, shares at Mar. 31, 2021		9,508,363
Beginning balance, value at Dec. 31, 2020		$ 95,038	156,463,146	(121,674,505)	34,883,679	15,238,902	50,122,581
Beginning balance, shares at Dec. 31, 2020		9,508,363
Net income (loss)							(903,866)
Ending balance, value at Sep. 30, 2021	$ 9,200	$ 114,902	185,727,368	(128,207,540)	57,643,930	11,373,541	69,017,471
Ending balance, shares at Sep. 30, 2021	920,000	11,490,230
Beginning balance, value at Mar. 31, 2021		$ 95,038	156,463,146	(125,334,982)	31,223,202	13,611,298	44,834,500
Beginning balance, shares at Mar. 31, 2021		9,508,363
Net income (loss)				850,039	850,039	925,697	1,775,736
Dividends paid				(1,009,389)	(1,009,389)		(1,009,389)
Dividends to Series D preferred stockholder				(95,836)	(95,836)		(95,836)
Issuance of preferred stock Series D, net of issuance costs	$ 9,200		20,480,603		20,489,803		20,489,803
Issuance of stock, net of issuance cost, shares	920,000
Distributions in excess of contributions received						(744,884)	(744,884)
Ending balance, value at Jun. 30, 2021	$ 9,200	$ 95,038	176,943,749	(125,590,168)	51,457,819	13,792,111	65,249,930
Ending balance, shares at Jun. 30, 2021	920,000	9,508,363
Net income (loss)				(851,831)	(851,831)	427,303	(424,528)
Dividends paid				(1,226,485)	(1,226,485)		(1,226,485)
Dividends to Series D preferred stockholder				(539,056)	(539,056)		(539,056)
Issuance of Common Stock, net of issuance costs, including warrants		$ 20,000	8,851,879		8,871,879		8,871,879
Issuance of Common Stock, net of issuance costs, including warrants, shares		2,000,000
Distributions in excess of contributions received						(2,845,873)	(2,845,873)
Repurchase of common stock		$ 136	68,260		68,396		68,396
Repurchase of common stock, shares		(18,133)
Ending balance, value at Sep. 30, 2021	$ 9,200	$ 114,902	$ 185,727,368	$ (128,207,540)	$ 57,643,930	$ 11,373,541	$ 69,017,471
Ending balance, shares at Sep. 30, 2021	920,000	11,490,230

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities:
Net (loss) income	$ (903,866)	$ (3,924,121)	$ (6,261,398)	$ 772,934
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	4,104,018	4,823,673	6,274,321	7,364,688
Stock compensation	867,903	541,865	1,105,272	686,133
Bad debt expense (recoveries)	52	93,958	77,898	(32,544)
Gain on sale of real estate assets, net	(2,060,336)	(656,975)	(1,245,460)	(6,319,272)
Gain on extinguishment of government debt	(10,000)		(451,785)
Net change in fair value marketable securities	37,673
Impairment of real estate assets	300,000	845,674	1,730,851
Accretion of original issue discount		1,013,405	1,013,405	386,595
Amortization of financing costs	431,806	992,705	1,287,430	965,239
Amortization of above-market leases	42,064	38,012	50,682	55,466
Amortization of below-market leases	(46,481)	(122,439)	(170,887)	(185,995)
Straight-line rent adjustment	(215,655)	67,732	108,998	(63,895)
Changes in operating assets and liabilities:
Other assets	633,354	2,171,813	(1,957,641)	(1,035,806)
Accounts payable and accrued liabilities	(1,014,848)	(1,974,401)	(1,796,421)	(767,440)
Accrued real estate taxes	(1,040,680)	(1,014,760)	(438,915)	(106,779)
Net cash provided by operating activities	1,125,004	2,896,141	3,693,417	3,790,936
Cash flows from investing activities:
Real estate acquisitions	(7,758,066)	(8,996,248)	(10,161,613)	(13,037,562)
Additions to buildings and tenant improvements	(1,122,051)	(2,510,152)	(2,834,373)	(6,393,711)
Investment in marketable securities	(2,682,192)
Proceeds from sale of marketable securities	1,032,297
Additions to deferred leasing costs	(97,932)	(137,961)	(175,828)	(661,401)
Proceeds from sales of real estate, net	47,906,909	33,810,274	40,849,654	32,073,721
Net cash provided by investing activities	37,278,965	22,165,913	27,677,840	11,981,047
Cash flows from financing activities:
Proceeds from mortgage notes payable, net of issuance costs	8,003,807	13,339,739	14,152,838	15,494,715
Proceeds from government debt relief			45,178,500,000
Repayment of mortgage notes payable	(41,862,782)	(32,399,522)	36,808,331	23,176,581
Proceeds from note payable, net of issuance cost of $1.1 million				11,479,237
Repayment of note payable	(7,675,598)	(5,224,402)	(6,324,401)
Payment of extension costs, note payable		(351,025)	(351,025)
Redemption of mandatorily redeemable preferred stock				(16,900,000)
Payment of deferred offering costs	(572,458)	(435,736)	(45,016)
(Distributions) contributions to noncontrolling interests, net	(5,624,969)	(358,357)	(2,366,009)	331,603
Issuance of stock for Initial Public Offering, net of underwriters fees	8,871,879		205,000,000,000
Issuance of Preferred Stock Series D, net of offering costs	20,489,803
Repurchase of common stock	(68,396)	(18,000)	(18,000)	(227,428)
Dividends paid to preferred stockholders	(455,207)
Dividends paid to stockholders	(3,234,669)		(963,456)	(2,158,469)
Net cash used in financing activities	(22,128,590)	(25,447,303)	(30,221,615)	(15,156,923)
Net increase in cash equivalents and restricted cash	16,275,379	(385,249)	1,149,642	615,060
Cash, cash equivalents and restricted cash - beginning of period	11,540,917	10,391,275	10,391,275	9,776,215
Cash, cash equivalents and restricted cash - end of period	27,816,296	10,006,026	11,540,917	10,391,275
Supplemental disclosure of cash flow information:
Interest paid-Series B preferred stock				1,859,672
Interest paid-mortgage notes payable	3,407,689	4,542,959	5,892,025	6,442,750
Interest paid-notes payable	103,861	604,679	778,414	713,262
Non-cash financing activities:
Issuance of stock for limited partnership interests		1,247,990	1,247,990
Dividends payable - Preferred Stock Series D	$ 179,685
Unpaid deferred financing costs			$ 83,659

ORGANIZATION

ORGANIZATION	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION	1. ORGANIZATION Organization 12 two The Company or one of its affiliates operates the following partnerships during the periods covered by these condensed consolidated financial statements: ● The Company is the sole general partner and limited partner in two ● The Company is the general and limited partner in six The Company has determined that the limited partnerships in which it owns less than 100% should be included in the Company’s consolidated financial statements as the Company directs their activities and has control of such limited partnerships. We have elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code (the “Code”), for federal income tax purposes. To maintain our qualification as a REIT, we are required to distribute at least 90% of our REIT taxable income to our stockholders and meet the various other requirements imposed by the Code relating to such matters as operating results, asset holdings, distribution levels, and diversity of stock ownership. Provided we maintain our qualification for taxation as a REIT, we are generally not subject to corporate-level income tax on the earnings distributed currently to our stockholders that we derive from our REIT qualifying activities. If we fail to maintain our qualification as a REIT in any taxable year and are unable to avail ourselves of certain savings provisions set forth in the Code, all our taxable income would be subject to federal income tax at regular corporate rates, including any applicable alternative minimum tax. We are subject to certain state and local income taxes. We, together with one of our entities, have elected to treat our subsidiaries as a taxable REIT subsidiary (a “TRS”) for federal income tax purposes. Certain activities that we undertake must be conducted by a TRS, such as non-customary services for our tenants, and holding assets that we cannot hold directly. A TRS is subject to federal and state income taxes. The Company has concluded that there are no significant uncertain tax positions requiring recognition in its financial statements. Neither the Company nor its subsidiaries have been assessed any significant interest or penalties for tax positions by any tax jurisdictions. Reverse Stock Split. two Initial Public Offering 500,000 5.00 2.0 0.5 0.5 0.5 0.5 Additional Offerings & Warrants 200,000,000 1,000,000 2,000,000 1,000,000 5.00 4.99 0.01 5.50 In connection with this additional offering, we agreed to issue the Placement Agent Warrants to purchase up to 80,000 4.0% 6.25 five The Company evaluated the accounting guidance in ASC 480 and ASC 815 regarding the classification of the Pre-Funded Warrant, Common Stock Warrants, and Placement Agent Warrants as equity or a liability and ultimately determined that it should be classified as permanent equity. As of September 30, 2021, none Preferred Stock Series D 800,000 9.375% 25.00 18.1 45 120,000 2.7 920,000 20.5 Repaid Note. 14.0 8% 8.8 7.7 Liquidity. Short-term liquidity needs include paying our current operating costs, satisfying the debt service requirements of existing mortgages, completing tenant improvements, paying leasing commissions, and funding dividends to stockholders. Future principal payments due on mortgage notes payables, during the last three months of 2021, total approximately $ 0.9 0.6 As the Company continues its operations, it may re-finance or seek additional financing; however, there can be no assurance that any such re-financing or additional financing will be available to the Company on acceptable terms, if at all. If events or circumstances occur such that the Company does not obtain additional funding, it will most likely be required to reduce its plans and/or certain discretionary spending, which could have a material adverse effect on the Company’s ability to achieve its intended business objectives. Management believes that the combination of working capital on hand and the ability to refinance commercial and model home mortgages will fund operations through at least the next twelve months from the date of the issuance of these unaudited interim financial statements. 6.2 6.1 .	1. ORGANIZATION AND BASIS OF PRESENTATION Organization. 14 commercial properties in fee interest and have partial interests one property through our investments in limited partnerships for which we serve as the general partner. The Company or one of its affiliates operate the following partnerships during the periods covered by these consolidated financial statements: ● The Company is the sole general partner and limited partner in two limited partnerships (NetREIT Palm Self-Storage LP and NetREIT Casa Grande LP), all with ownership in real estate income producing properties. The Company refers to these entities collectively, as the “NetREIT Partnerships”. ● The Company is the general partner and/or limited partner in six limited partnerships that purchase model homes and lease them back to homebuilders (Dubose Model Homes Investors #202, LP, Dubose Model Homes Investors #203, LP, Dubose Model Homes Investors #204, LP, Dubose Model Homes Investors #205, LP, Dubose Model Homes Investors #206, LP and NetREIT Dubose Model Home REIT, LP). The Company refers to these entities collectively, as the “Model Home Partnerships”. The Company has determined that the limited partnerships in which it owns less than 100%, should be included in the Company’s consolidated financial statements as the Company directs their activities and holds a variable interest in these limited partnerships for which the Company is the primary beneficiary. Unit-based information used herein (such as references to square footage or property occupancy rates) is unaudited. Initial Public Offering 500,000 5.00 2.0 0.5 0.5 0.5 0.5 Reverse Stock Split two Liquidity. 14.0 8 October 1, 2020 March 31, 2021 7.7 4 We have $ 10.2 16.4 Segments. Customer Concentration. 6.2 6.1

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	2. SIGNIFICANT ACCOUNTING POLICIES There have been no significant changes to the Company’s accounting policies since it filed its audited financial statements in its Annual Report on Form 10-K for the year ended December 31, 2020. For further information about the Company’s accounting policies, refer to the Company’s consolidated financial statements and notes thereto for the year ended December 31, 2020, included in the Company’s Annual Report on Form 10-K filed with the SEC on March 30, 2021. Basis of Presentation Principles of Consolidation The Company classifies the noncontrolling interests in the NetREIT Partnerships as part of consolidated net income (loss) in 2021 and 2020 and has included the accumulated amount of noncontrolling interests as part of equity since inception in February 2010. If a change in ownership of a consolidated subsidiary results in loss of control and deconsolidation, any retained ownership interest will be remeasured, with the gain or loss reported in the statement of operations. Management has evaluated the noncontrolling interests and determined that they do not contain any redemption features. Use of Estimates Real Estate Assets and Lease Intangibles The Company allocates the purchase price to tangible assets of an acquired property based on the estimated fair values of those tangible assets, assuming the property was vacant. Estimates of fair value for land, building and building improvements are based on many factors including but not limited to comparisons to other properties sold in the same geographic area and independent third-party valuations. In estimating the fair values of the tangible assets, intangible assets, and liabilities acquired, the Company also considers information obtained about each property as a result of its pre-acquisition due diligence, marketing and leasing activities. The value allocated to acquired lease intangibles is based on management’s evaluation of the specific characteristics of each tenant’s lease. Characteristics considered by management in allocating these values include but are not limited to the nature and extent of the existing business relationships with the tenant, growth prospects for developing new business with the tenant, the remaining term of the lease, the tenant’s credit quality, and other factors. The value attributable to the above-market or below-market component of an acquired in-place lease is determined based upon the present value (using a market discount rate) of the difference between (i) the contractual rents to be paid pursuant to the lease over its remaining term, and (ii) management’s estimate of rents that would be paid using fair market rates over the remaining term of the lease. The amounts allocated to above or below-market leases are amortized on a straight-line basis as an increase or reduction of rental income over the remaining non-cancelable term of the respective leases. Amortization of above and below-market rents resulted in a net increase in rental income of approximately $ 6,000 4,000 26,000 84,000 The value of in-place leases and unamortized lease origination costs are amortized to expenses over the remaining term of the respective leases, which range from less than a year to ten 68,000 275,000 116,000 369,000 Deferred Leasing Costs one five 1.3 1.9 85,000 257,000 106,000 306,000 Cash Equivalents and Restricted Cash 27.8 11.5 3.8 4.2 Real Estate Held for Sale one three Deferred Offering Costs 2,000 109,000 2.5 1.1 Impairments of Real Estate Assets Properties held for sale are recorded at the lower of the carrying amount or the expected sales price less costs to sell. Although our strategy is to hold our properties over the long-term, if our strategy changes or market conditions otherwise dictate an earlier sale date, an impairment loss may be recognized to reduce the property to fair value and such loss could be material. During the fourth quarter of 2020, the Company recorded its Highland Court property (“Highland Court”) as held for sale and subsequently entered into a purchase and sale agreement (“PSA”) with an unrelated third-party. Highland Court had a book value of approximately $ 10.5 10.2 0.3 Fair Value Measurements ● Level 1: unadjusted quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities; ● Level 2: quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which significant inputs and significant value drivers are observable in active markets; and ● Level 3: prices or valuation techniques where little or no market data is available that requires inputs that are both significant to the fair value measurement and unobservable. When available, we utilize quoted market prices from independent third-party sources to determine fair value and classify such items in Level 1 or Level 2. In instances where the market for a financial instrument is not active, regardless of the availability of a nonbinding quoted market price, observable inputs might not be relevant and could require us to make a significant adjustment to derive a fair value measurement. Additionally, in an inactive market, a market price quoted from an independent third-party may rely more on models with inputs based on information available only to that independent third-party. When we determine the market for a financial instrument owned by us to be illiquid or when market transactions for similar instruments do not appear orderly, we use several valuation sources (including internal valuations, discounted cash flow analysis and quoted market prices) and establish a fair value by assigning weights to the various valuation sources. As of September 30, 2021 and December 31, 2020, our marketable securities presented on the balance sheet were measured using Level 1 market prices. There were no financial liabilities measured at fair value as of September 30, 2021 and December 31, 2020. Additionally, when determining the fair value of a liability in circumstances in which a quoted price in an active market for an identical liability is not available, we measure fair value using (i) a valuation technique that uses the quoted price of the identical liability when traded as an asset or quoted prices for similar liabilities when traded as assets or (ii) another valuation technique that is consistent with the principles of fair value measurement, such as the income approach or the market approach. Changes in assumptions or estimation methodologies can have a material effect on these estimated fair values. In this regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, may not be realized in an immediate settlement of the instrument. Earnings per share EPS ). As of September 30, 2021, there were 401,167 212,517 Subsequent Events Recently Issued and Adopted Accounting Pronouncements Financial Instruments – Credit Losses, Financial Instruments—Credit Losses (Topic 326) and Leases (Topic 842) In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815-40).	2. SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation Principles of Consolidation The Company classifies the noncontrolling interests in the NetREIT Partnerships as part of consolidated net income (loss) in 2020 and 2019 and has included the accumulated amount of noncontrolling interests as part of equity since inception in February 2010. If a change in ownership of a consolidated subsidiary results in loss of control and deconsolidation, any retained ownership interest will be remeasured, with the gain or loss reported in the statement of operations. Management has evaluated the noncontrolling interests and determined that they do not contain any redemption features. Use of Estimates Real Estate Assets and Lease Intangibles The Company allocates the purchase price to tangible assets of an acquired property based on the estimated fair values of those tangible assets assuming the building was vacant. Estimates of fair value for land, building and building improvements are based on many factors including, but not limited to, comparisons to other properties sold in the same geographic area and independent third-party valuations. The Company also considers information obtained about each property as a result of its pre-acquisition due diligence, marketing and leasing activities in estimating the fair values of the tangible and intangible assets and liabilities acquired. The value allocated to acquired lease intangibles is based on management’s evaluation of the specific characteristics of each tenant’s lease. Characteristics considered by management in allocating these values include the nature and extent of the existing business relationships with the tenant, growth prospects for developing new business with the tenant, the remaining term of the lease and the tenant’s credit quality, among other factors. The value allocable to the above-market or below-market component of an acquired in-place lease is determined based upon the present value (using a market discount rate) of the difference between (i) the contractual rents to be paid pursuant to the lease over its remaining term, and (ii) management’s estimate of rents that would be paid using fair market rates over the remaining term of the lease. The amounts allocated to above or below-market leases are amortized on a straight-line basis as an increase or reduction of rental income over the remaining non-cancelable term of the respective leases. Amortization of above and below-market rents resulted in a net increase in rental income of approximately $ 0.1 The value of in-place leases and unamortized lease origination costs are amortized to expenses over the remaining term of the respective leases, which range from less than a year to ten 0.4 0.6 Real Estate Held for Sale and Discontinued Operations Impairment of Real Estate Assets 1.3 0.4 Intangible Assets 0.2 0.3 The Company is required to perform a test for impairment of goodwill and other definite and indefinite lived assets at least annually, and more frequently as circumstances warrant. Impairment is recognized only if the carrying amount of the intangible asset is considered to be unrecoverable from its undiscounted cash flows and is measured as the difference between the carrying amount and the estimated fair value of the asset. Based on the review, no Depreciation and Amortization 39 1 10 4 5 6.3 7.4 Cash, Cash Equivalents and Restricted Cash 250,000 9.8 4.1 Account Receivables 70,000 21,000 Deferred Leasing Costs . Costs incurred in connection with successful property leases are capitalized as deferred leasing costs and amortized to leasing commission expense on a straight-line basis over the terms of the related leases which generally range from one to five years 1.9 million and $ 2.1 million, respectively. Total amortization expense for the years ended December 31, 2020 and 2019 was approximately $ 0.4 million and $ 0.6 million, respectively. Deferred Financing Costs 0.8 1.1 0.2 0.4 0.5 0.1 0.9 0.4 Deferred Offering Costs 0.1 0.5 Income Taxes 90% 11.0 We, together with our subsidiary, NetREIT Dubose, have elected to treat such subsidiary as taxable REIT subsidiary (a “TRS”) for federal income tax purposes. Certain activities that we undertake must be conducted by a TRS, such as non-customary services for our tenants, and holding assets that we cannot hold directly. A TRS is subject to federal and state income taxes. The Company has concluded that there are no significant uncertain tax positions requiring recognition in its financial statements. Neither the Company nor its subsidiaries have been assessed any significant interest or penalties for tax positions by any major tax jurisdictions. Fair Value Measurements Level 1 – Quoted prices in active markets for identical assets or liabilities at the measurement date. Level 2 – Inputs other than quoted process that are observable for the asset or liability, either directly or indirectly. Level 3 – Unobservable inputs for the asset or liability. Fair value is defined as the price at which an asset or liability is exchanged between market participants in an orderly transaction at the reporting date. Cash equivalents, mortgage notes receivable, tenant receivable and payables and accrued liabilities all approximate fair value due to their short-term nature. During the year ended December 31, 2020, the Company measured the fair value of two of its real estate properties on a nonrecurring basis using Level 3 inputs. The Company estimated the fair value for the impaired real estate asset held for investment based on an estimated sales price, less estimated costs to sell. Management believes that the recorded and fair values of notes payable are approximately the carrying value as of December 31, 2020 and 2019. Sales of Real Estate Assets ASC 610-20 refers to the revenue recognition principles under ASU No. 2014-9. Under ASC 610-20, if we determine we do not have a controlling financial interest in the entity that holds the asset and the arrangement meets the criteria to be accounted for as a contract, we would derecognize the asset and recognize a gain or loss on the sale of the real estate when control of the underlying asset transfers to the buyer. Revenue Recognition and Accounts Receivables ● whether the lease stipulates how a tenant improvement allowance may be spent; ● whether the amount of a tenant improvement allowance is in excess of market rates; ● whether the tenant or landlord retains legal title to the improvements at the end of the lease term; ● whether the tenant improvements are unique to the tenant or general-purpose in nature; and ● whether the tenant improvements are expected to have any residual value at the end of the lease. We record property operating expense reimbursements due from tenants for common area maintenance, real estate taxes, and other recoverable costs in the period the related expenses are incurred. We make estimates of the collectability of our tenant receivables related to base rents, including deferred rent receivable, expense reimbursements and other revenue or income. We specifically analyze accounts receivable, deferred rent receivable, historical bad debts, customer creditworthiness, current economic trends and changes in customer payment terms when evaluating the adequacy of the allowance for doubtful accounts. In addition, with respect to tenants in bankruptcy, management makes estimates of the expected recovery of pre-petition and post-petition claims in assessing the estimated collectability of the related receivable. In some cases, the ultimate resolution of these claims can exceed one year. When a tenant is in bankruptcy, we will record a bad debt reserve for the tenant’s receivable balance and generally will not recognize subsequent rental revenue until cash is received or until the tenant is no longer in bankruptcy and has the ability to make rental payments. Income (Loss) per Common Share For the years ended December 31, 2020 and 2019, the basic and diluted net loss per share are equivalent at $( 0.85 0.07 Recently Issued Accounting Pronouncements In June 2017, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses, amended in February 2020 with ASU No. 2020-02, Financial Instruments—Credit Losses (Topic 326) and Leases (Topic 842). ASU 2016-13 introduces a new model for estimating credit losses for certain types of financial instruments, including loans receivable, held-to-maturity debt securities, and net investments in direct financing leases, amongst other financial instruments. ASU 2016-13 also modifies the impairment model for available-for-sale debt securities and expands the disclosure requirements regarding an entity’s assumptions, models, and methods for estimating the allowance for losses. While ASU 2016-13 was effective for periods beginning after December 15, 2019, the issuance of ASU 2020-02 has allowed for the delay in adoption for certain smaller public companies, and is now effective for fiscal periods beginning after December 15, 2022. Retrospective adjustments shall be applied through a cumulative-effect adjustment to retained earnings. The Company is continuing to evaluate the impact of this guidance on its financial statements, and does not believe it will have a material impact on the financial statements. In August 2018, the FASB issued ASU No. 2018-13, Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement which removes, modifies, and adds certain disclosure requirements related to fair value measurements in ASC 820. This guidance is effective for public companies in fiscal years beginning after December 15, 2019 with early adoption permitted. The Company adopted this guidance as of January 1, 2020 and noted no impact on its consolidated financial statements.

RECENT REAL ESTATE TRANSACTIONS

RECENT REAL ESTATE TRANSACTIONS	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Real Estate [Abstract]
RECENT REAL ESTATE TRANSACTIONS	3. RECENT REAL ESTATE TRANSACTIONS During the nine months ended September 30, 2021, the Company disposed of the following properties: ● Waterman Plaza, which was sold on January 28, 2021, for approximately $ 3.5 0.2 ● Garden Gateway, which was sold on February 19, 2021, for approximately $ 11.2 1.4 ● Highland Court, which was sold on May 20, 2021, for approximately $ 10.2 1.6 ● Executive Office Park, which was sold on May 21, 2021, for approximately $ 8.1 2.5 During the nine months ended September 30, 2021, the Company acquired the following properties: On August 17, 2021, the Company, through its 61.3% 10,500 4.9 100% 15 During the nine months ended September 30, 2021, the Company acquired six model homes for approximately $ 2.9 0.9 2.0 During the nine months ended September 30, 2021, the Company disposed of 39 19.0 2.9 During the nine months ended September 30, 2020, the Company disposed of the following properties: ● Centennial Tech Center, which was sold on February 5, 2020 for approximately $ 15.0 0.9 ● Union Terrace, which was sold on March 13, 2020 for approximately $ 11.3 0.69 During the nine months ended September 30, 2020, the Company acquired 25 9.0 2.7 6.3 During the nine months ended September 30, 2020, the Company disposed of 33 12.6 0.9	3. RECENT REAL ESTATE TRANSACTIONS During year ended December 31, 2020 we disposed of the following properties: ● Centennial Tech Center, which was sold on February 5, 2020 for approximately $ 15.0 0.9 ● Union Terrace, which was sold on March 13, 2020 for approximately $ 11.3 0.7 ● One of four Executive Office Park buildings, which was sold on December 2, 2020 for approximately $ 2.3 78,000 ● During the year ended December 31, 2020, we disposed of 46 18.1 1.6 During year ended December 31, 2019 we disposed of the following properties: ● Morena Office Center, which was sold on January 15, 2019 for approximately $ 5.6 0.7 ● Nightingale land, which was sold on May 8, 2019 for approximately $ 0.9 93,000 ● On July 1, 2019, NetREIT Genesis, LLC sold a 43% 5.6 2.9 ● The Presidio office building, which was sold on July 31, 2019 for approximately $ 12.3 4.5 ● During the year ended December 31, 2019, we disposed of 41 14.6 1.2 We acquired 28 10.2 3.1 7.1 We acquired 33 13.0 3.9 9.1

REAL ESTATE ASSETS

REAL ESTATE ASSETS	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Real Estate Assets
REAL ESTATE ASSETS	4. REAL ESTATE ASSETS The Company owns a diverse portfolio of real estate assets. The primary types of properties the Company invests in are office, industrial, retail, and triple-net leased model home properties. We have five four two one four ● Seven one 724,000 ● Four 121,000 ● 85 276,000 six one A summary of the properties owned by the Company as of September 30, 2021 and December 31, 2020 is as follows: SCHEDULE OF REAL ESTATE PROPERTIES Date Real estate assets, net (in thousands) Property Name Acquired Location 2021 2020 Garden Gateway Plaza (1) March 2007 Colorado Springs, Colorado — $ 11,465 World Plaza (2) September 2007 San Bernardino, California 9,272 9,272 Executive Office Park (1) July 2008 Colorado Springs, Colorado — 5,106 Waterman Plaza (1) August 2008 San Bernardino, California — 3,500 Genesis Plaza (3) August 2010 San Diego, California 8,412 8,651 Dakota Center May 2011 Fargo, North Dakota 8,694 8,597 Grand Pacific Center March 2014 Bismarck, North Dakota 5,525 5,684 Arapahoe Center December 2014 Centennial, Colorado 8,901 9,233 Union Town Center December 2014 Colorado Springs, Colorado 9,212 9,345 West Fargo Industrial August 2015 Fargo, North Dakota 6,996 7,061 300 N.P. August 2015 Fargo, North Dakota 3,218 3,280 Research Parkway August 2015 Colorado Springs, Colorado 2,392 2,438 One Park Center August 2015 Westminster, Colorado 8,072 8,586 Highland Court (1) (4) August 2015 Centennial, Colorado — 10,500 Shea Center II December 2015 Highlands Ranch, Colorado 20,340 21,026 Mandolin (4) August 2021 Houston, Texas 4,899 — Presidio Property Trust, Inc. properties 95,933 123,744 Model Home properties (5) 2014 - 2020 TX, FL, IL, WI 29,955 42,510 Total real estate assets and lease intangibles, net $ 125,888 $ 166,254 (1) This property was sold during the nine months ended September 30, 2021. (2) This property is held for sale as of September 30, 2021. (3) Genesis Plaza is owned by two tenants-in-common, each of which owns 57% 43% 76.4% (4) A portion of the proceeds from the sale of Highland Court were used in like-kind exchange transactions pursued under Section 1031 of the Internal Revenue for the acquisition of our Mandolin property. Mandolin is owned by NetREIT Palm Self-Storage LP, through its wholly owned subsidiary NetREIT Highland LLC, and the Company is the sole general partner and owns 61.3% (5) Includes three Model Homes listed as held for sale as of September 30, 2021.	4. REAL ESTATE ASSETS The Company owns a diverse portfolio of real estate assets. The primary types of properties the Company invests in are office, industrial, retail, and NNN leased model home properties located primarily in Southern California and Colorado, with four properties located in North Dakota. Our model home properties are located in six states. As of December 31, 2020, the Company owned or had an equity interest in: ● Ten office buildings and one industrial buildings (“Office/Industrial Properties”) which total approximately 982,796 ● Four retail shopping centers (“Retail Properties”) which total approximately 131,722 ● 118 The Company’s real estate assets consisted of the following as of December 31, 2020 and 2019: SCHEDULE OF REAL ESTATE PROPERTIES Date Real estate assets, net (in thousands) Property Name Acquired Location 2020 2019 Garden Gateway Plaza (1) March 2007 Colorado Springs, Colorado $ 11,465 $ 11,428 World Plaza (1) September 2007 San Bernardino, California 9,272 8,305 Executive Office Park (3) July 2008 Colorado Springs, Colorado 5,106 7,723 Waterman Plaza (1) August 2008 San Bernardino, California 3,500 4,889 Genesis Plaza August 2010 San Diego, California 8,651 8,789 Dakota Center May 2011 Fargo, North Dakota 8,597 8,855 Grand Pacific Center March 2014 Bismarck, North Dakota 5,684 5,914 Union Terrace (4) August 2014 Lakewood, CO — 8,425 Centennial Tech Center (4) December 2014 Colorado Springs, Colorado — 13,132 Arapahoe Center December 2014 Centennial, Colorado 9,233 9,748 Union Town Center December 2014 Colorado Springs, Colorado 9,345 9,612 West Fargo Industrial August 2015 Fargo, North Dakota 7,061 7,212 300 N.P. August 2015 Fargo, North Dakota 3,280 3,405 Research Parkway August 2015 Colorado Springs, Colorado 2,438 2,512 One Park Center August 2015 Westminster, Colorado 8,586 8,518 Highland Court (1) August 2015 Centennial, Colorado 10,500 11,421 Shea Center II December 2015 Highlands Ranch, Colorado 21,026 21,853 Presidio Property Trust, Inc. properties 123,744 151,741 Model Home properties (2) 2014 - 2020 AZ, FL, IL, PA, TX, WI 42,510 48,466 Total real estate assets and lease intangibles, net $ 166,254 $ 200,207 (1) Property held for sale as of December 31, 2020. (2) Includes seven Model Homes that are listed as held for sale as of December 31, 2020. (3) One of four buildings within this property was sold as of December 31, 2020. (4) This property was sold during the year ended December 31, 2020. The Company’s commercial properties are leased to tenants under non-cancelable operating leases for which terms and expirations vary. Future minimum rental revenues under existing leases on Office/Industrial and Retail Properties as of December 31, 2020 are expected to be as follows: LESSOR, OPERATING LEASE, PAYMENT TO BE RECEIVED, FISCAL YEAR MATURITY 2021 $ 3,259,261 2022 3,406,500 2023 2,564,601 2024 1,211,331 2025 1,526,142 Thereafter 2,477,552 Totals $ 14,445,387 The Company generally rents Model Home Properties to homebuilders under non-cancelable lease agreements with a term of 18 months with an option to extend in six months increments. Future minimum rental revenues under existing leases on Model Home Properties as of December 31, 2020 are expected to be as follows: 2021 $ 2,784,108 2022 696,768 Totals $ 3,480,876

LEASE INTANGIBLES

LEASE INTANGIBLES	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
LEASE INTANGIBLES	5. LEASE INTANGIBLES The following table summarizes the net value of other intangible assets acquired and the accumulated amortization for each class of intangible asset: SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS September 30, 2021 December 31, 2020 Lease Intangibles Accumulated Amortization Lease Intangibles, net Lease Intangibles Accumulated Amortization Lease Intangibles, net In-place leases $ 2,515,264 $ (2,320,045 ) $ 195,219 $ 3,136,587 $ (2,757,530 ) $ 379,057 Leasing costs 1,261,390 (1,146,572 ) 114,818 1,730,656 (1,510,559 ) 220,097 Above-market leases 333,485 (333,485 ) — 333,485 (291,421 ) 42,064 $ 4,110,139 $ (3,800,102 ) $ 310,037 $ 5,200,728 $ (4,559,510 ) $ 641,218 At September 30, 2021 and December 31, 2020, gross lease intangible assets of $ 0.0 1.1 0.0 1.1 The net value of acquired intangible liabilities was approximately $ 86,852 139,045 Future aggregate approximate amortization expense for the Company’s lease intangible assets is as follows: SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE 2021 $ 52,866 2022 202,342 2023 17,526 2024 17,526 2025 15,670 Thereafter 4,107 Total $ 310,037	5. LEASE INTANGIBLES Lease intangibles consist of the following: SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS December 31, 2020 December 31, 2019 Lease Accumulated Lease Lease Accumulated Lease Intangibles Amortization Intangibles, net Intangibles Amortization Intangibles, net In-place leases $ 3,136,587 $ (2,757,530 ) $ 379,057 $ 4,360,027 $ (3,283,027 ) $ 1,077,000 Leasing costs 1,730,656 (1,510,559 ) 220,097 2,937,976 (2,002,711 ) 935,265 Above-market leases 333,485 (291,421 ) 42,064 333,485 (240,739 ) 92,746 $ 5,200,728 $ (4,559,510 ) $ 641,218 $ 7,631,488 $ (5,526,477 ) $ 2,105,011 As of December 31, 2020 and 2019, gross lease intangible assets of $ 1.1 3.4 1.1 2.4 The net value of acquired intangible liabilities was $ 0.1 0.3 Aggregate approximate amortization expense for the Company’s lease intangible assets is as follows: SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE 2021 $ 372,484 2022 202,479 2023 17,663 2024 17,663 2025 17,663 Thereafter 13,266 Total $ 641,218 The weighted average amortization period for the intangible assets as of December 31, 2020 was approximately 1.6

OTHER ASSETS

OTHER ASSETS	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER ASSETS	6. OTHER ASSETS Other assets consist of the following: SCHEDULE OF OTHER ASSETS September 30, December 31, 2021 2020 Deferred rent receivable $ 1,644,276 $ 1,912,048 Prepaid expenses, deposits and other 273,585 215,946 Investment in marketable securities 1,670,693 83,241 Accounts receivable, net 363,104 541,885 Right-of-use assets, net 81,637 102,144 Other intangibles, net 97,483 142,483 Notes receivable 316,374 316,374 Deferred offering costs 2,386 108,660 Total other assets $ 4,449,538 $ 3,422,781 As of September 30, 2021, we owned common shares of 17 six 1.6 two 83,000	6. OTHER ASSETS Other assets consist of the following: SCHEDULE OF OTHER ASSETS December 31, December 31, 2020 2019 Deferred rent receivable $ 1,912,048 $ 2,680,886 Prepaid expenses, deposits and other 299,187 601,897 Accounts receivable, net 541,885 1,336,122 Right-of-use assets, net 102,144 561,375 Other intangibles, net 142,483 212,932 Notes receivable 316,374 316,374 Deferred offering costs 108,660 — Total other assets $ 3,422,781 $ 5,709,586

MORTGAGE NOTES PAYABLE

MORTGAGE NOTES PAYABLE	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
MORTGAGE NOTES PAYABLE	7. MORTGAGE NOTES PAYABLE Mortgage notes payable consist of the following: SCHEDULE OF DEBT Principal as of September 30, December 31, Loan Interest Mortgage note property 2021 2020 Type Rate (1) Maturity Waterman Plaza (2) $ — $ 3,207,952 Variable — — World Plaza (3) (4) — 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. 2,243,328 2,273,478 Fixed 4.95 % 6/11/2022 Highland Court (2) — 6,274,815 Fixed 3.82 % 9/1/2022 Dakota Center 9,734,220 9,900,279 Fixed 4.74 % 7/6/2024 Research Parkway 1,719,390 1,760,432 Fixed 3.94 % 1/5/2025 Arapahoe Service Center 7,812,125 7,932,255 Fixed 4.34 % 1/5/2025 Union Town Center 8,197,495 8,315,550 Fixed 4.28 % 1/5/2025 One Park Centre 6,304,625 6,385,166 Fixed 4.77 % 9/5/2025 Genesis Plaza 6,196,202 6,276,273 Fixed 4.71 % 9/6/2025 Shea Center II 17,559,316 17,727,500 Fixed 4.92 % 1/5/2026 Executive Office Park (2) — 2,985,998 Fixed 4.83 % 6/1/2027 West Fargo Industrial 4,177,334 4,262,718 Fixed 3.27 % 8/5/2029 Grand Pacific Center (5) 3,649,729 3,738,142 Fixed 4.02 % 8/1/2037 Subtotal, Presidio Property Trust, Inc. Properties $ 67,593,764 $ 92,704,649 Model Home mortgage notes (3) 19,335,267 28,083,356 Fixed (6 ) 2021 - 2024 Mortgage Notes Payable $ 86,929,031 $ 120,788,005 Unamortized loan costs (673,351 ) (758,309 ) Mortgage Notes Payable, net $ 86,255,680 $ 120,029,696 (1) Interest rates as of September 30, 2021. (2) Waterman Plaza and Garden Gateway Plaza were sold during the first quarter of 2021, while Highland Court and Executive Office Park were sold in the second quarter of 2021. (3) Property held for sale as of September 30, 2021. There were three model homes included as real estate assets held for sale. (4) During June 2021, this loan was paid in full with cash from the sale of other properties and excess cash on hand. (5) Interest rate is subject to reset on September 1, 2023. (6) Our model homes have stand-alone mortgage note at interest rates ranging from 2.50 5.63 The Company is in compliance with all material conditions and covenants of its mortgage notes payable. Scheduled principal payments of mortgage notes payable were as follows as of September 30, 2021: SCHEDULE OF PRINCIPAL PAYMENTS OF MORTGAGE NOTES PAYABLE Presidio Property Model Total Trust, Inc. Homes Principal Years ending December 31: Notes Payable Notes Payable Payments 2021 $ 336,488 $ 606,375 $ 942,863 2022 3,581,868 8,766,945 12,348,813 2023 1,410,835 4,241,024 5,651,859 2024 10,368,843 5,720,923 16,089,766 2025 28,770,832 — 28,770,832 Thereafter 23,124,898 — 23,124,898 Total $ 67,593,764 $ 19,335,267 $ 86,929,031	7. MORTGAGE NOTES PAYABLE Mortgage notes payable consisted of the following: SCHEDULE OF DEBT Principal as of December 31, December 31, Loan Interest Mortgage note property Notes 2020 2019 Type Rate (1) Maturity Waterman Plaza (3) (6) $ 3,207,952 $ 3,274,097 Variable 4.25 % 4/29/2021 World Plaza (3) (5) 5,802,568 4,979,384 Variable 2.91 % 7/5/2021 Garden Gateway Plaza (3) 5,861,523 6,071,315 Fixed 5.00 % 8/5/2021 300 N.P. 2,273,478 2,311,739 Fixed 4.95 % 6/11/2022 Highland Court (3) 6,274,815 6,424,366 Fixed 3.82 % 9/1/2022 Dakota Center 9,900,279 10,111,693 Fixed 4.74 % 7/6/2024 Union Terrace (2) - 6,240,396 Fixed 4.50 % 8/5/2024 Centennial Tech Center (2) - 9,561,652 Fixed 4.43 % 12/5/2024 Research Parkway 1,760,432 1,813,305 Fixed 3.94 % 1/5/2025 Arapahoe Service Center 7,932,255 8,085,727 Fixed 4.34 % 1/5/2025 Union Town Center 8,315,550 8,440,000 Fixed 4.28 % 1/5/2025 One Park Centre 6,385,166 6,487,532 Fixed 4.77 % 9/5/2025 Genesis Plaza 6,276,273 6,378,110 Fixed 4.71 % 9/6/2025 Shea Center II 17,727,500 17,727,500 Fixed 4.92 % 1/5/2026 Executive Office Park (3) 2,985,998 4,839,577 Fixed 4.83 % 6/1/2027 West Fargo Industrial 4,262,718 4,216,565 Fixed 3.27 % 8/5/2029 Grand Pacific Center (4) 3,738,142 3,851,962 Fixed 4.02 % 8/1/2037 Subtotal, Presidio Property Trust, Inc. Properties $ 92,704,649 $ 110,814,920 Model Home mortgage notes (3) 28,083,356 32,644,129 Fixed (7 ) 2021 - 2023 Mortgage Notes Payable $ 120,788,005 $ 143,459,049 Unamortized loan costs (758,309 ) (1,066,057 ) Mortgage Notes Payable, net $ 120,029,696 $ 142,392,992 (1) Interest rates as of December 31, 2020. (2) Property sold during the year ended December 31, 2020, see Footnote 3 above for further detail. One of four buildings at Executive Office Park were sold. (3) Properties held for sale as of December 31, 2020. Seven model homes were included as held for sale. (4) Interest rate is subject to reset on September 1, 2023. (5) Interest on this loan is ABR + 0.75% and LIBOR plus 2.75%. For the year-ended December 31, 2020, the weighted average interest rate was 3.37%. (6) Interest on this loan resets annually at LIBOR plus 3.00%, with a floor of 4.25% (7) Each Model Home has a stand-alone mortgage note at interest rates ranging from 2.5% to 5.6% at December 31, 2020. The Company is in compliance with all conditions and covenants of its mortgage notes payable. SCHEDULE OF PRINCIPAL PAYMENTS OF MORTGAGE NOTES PAYABLE Scheduled principal payments of mortgage notes payable are as follows: Presidio Property Model Trust, Inc. Homes Total Principal Years ending December 31: Notes Payable Notes Payable Payments 2021 $ 16,385,688 $ 10,169,248 $ 26,554,936 2022 9,780,330 11,735,522 21,515,852 2023 1,493,749 6,178,586 7,672,335 2024 10,447,888 — 10,447,888 2025 28,902,297 — 28,902,297 Thereafter 25,694,697 — 25,694,697 Total $ 92,704,649 $ 28,083,356 $ 120,788,005

NOTES PAYABLE

NOTES PAYABLE	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
NOTES PAYABLE	8. NOTES PAYABLE On September 17, 2019, the Company executed a Promissory Note pursuant to which Polar, extended a loan in the principal amount of $ 14.0 8 , , 8.8 , 4 6.3 no The Company incurred approximately $ 1.1 On April 22, 2020, the Company received an Economic Injury Disaster Loan of $ 10,000 150,000 On April 30, 2020, the Company received a Paycheck Protection Program (“PPP”) loan of $ 0.5 10,000 10,000 10,000 On April 1, 2021, our wholly-subsidiary, Dubose Model Homes Investors #203 LP (“DMH 203”) , 330,000 4 . 2,200 330,000 On September 3, 2021, we issued promissory notes to our majority owned subsidiary Dubose Model Home Investors 202 LP and Dubose Model Home Investors 204 LP for the refinancing of four model home properties in Texas and Wisconsin, for $ 0.9 3.0 On August 17, 2021, we issued a promissory note to our majority owned subsidiary NetREIT Highland for the acquisition of the Mandolin property in Houston Texas, for $ 1.56 4.0	8. NOTE PAYABLE NOTES PAYABLE On September 17, 2019, the Company executed a Promissory Note pursuant to which Polar Multi-Strategy Master Fund (“Polar”), extended a loan in the principal amount of $ 14.0 8 , , 8.8 , 4 The principal balance of the Note as of December 31, 2020 consists of cash received, less cash repayments from property sales of $ 6.3 1.4 no 1.0 The Company incurred approximately $ 1.1 0.9 4 0.4 0.2 Under the terms of the Polar Note, the Company is subject to certain financial covenants including maintaining a debt to property fair value ratio of no greater than 75 On April 22, 2020, the Company received an Economic Injury Disaster Loan (“EIDL”) of $ 10,000 0.2 On April 30, 2020, the Company received a Paycheck Protection Program (“PPP”) loan of $ 0.5 10,000 10,000

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	9. COMMITMENTS AND CONTINGENCIES The Company is obligated under certain tenant leases to fund tenant improvements and the expansion of the underlying leased properties. Litigation. Environmental Matters.	10. COMMITMENTS AND CONTINGENCIES The Company is obligated under certain tenant leases to fund tenant improvements and the expansion of the underlying leased properties. Litigation. Environmental Matters.

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Equity [Abstract]
STOCKHOLDERS’ EQUITY	10. STOCKHOLDERS’ EQUITY Preferred Stock. 1,000,000 On June 15, 2021, the Company completed its secondary offering of 800,000 25.00 18.1 45 120,000 2.7 920,000 20.5 Dividends: Holders of shares of the Series D Preferred Stock are entitled to receive cumulative cash dividends at a rate of 9.375% 25.00 2.34375 Voting Rights: Holders of shares of the Series D Preferred Stock will generally have no voting rights. However, if the Company does not pay dividends on the Series D Preferred Stock for eighteen or more monthly dividend periods (whether or not consecutive), the holders of the Series D Preferred Stock (voting separately as a class with the holders of all other classes or series of the Company’s preferred stock it may issue upon which like voting rights have been conferred and are exercisable and which are entitled to vote as a class with the Series D Preferred Stock in the election referred to below) will be entitled to vote for the election of two In addition, the affirmative vote of the holders of at least two Liquidation Preference In the event of the Company’s voluntary or involuntary liquidation, dissolution or winding up, the holders of shares of Series D Preferred Stock will be entitled to be paid out of the assets the Company has legally available for distribution to its stockholders, subject to the preferential rights of the holders of any class or series of its stock the Company may issue ranking senior to the Series D Preferred Stock with respect to the distribution of assets upon liquidation, dissolution or winding up, a liquidation preference of $ 25.00 In the event that, upon any such voluntary or involuntary liquidation, dissolution or winding up, the Company’s available assets are insufficient to pay the amount of the liquidating distributions on all outstanding shares of Series D Preferred Stock and the corresponding amounts payable on all shares of other classes or series of the Company’s stock that it issues ranking on parity with the Series D Preferred Stock in the distribution of assets, then the holders of the Series D Preferred Stock and all other such classes or series of stock shall share ratably in any such distribution of assets in proportion to the full liquidating distributions to which they would otherwise be respectively entitled. Redemption: Commencing on or after June 15, 2026, the Company may redeem, at its option, the Series D Preferred Stock, in whole or in part, at a cash redemption price equal to $ 25.00 The Company evaluated the accounting guidance in ASC 480 regarding the classification of the Series D Preferred Stock as equity or a liability and ultimately determined that it should be classified as permanent equity. On June 24, 2021, the Board of Directors of the Company declared the first dividend on its Series D Preferred Stock for the initial period from the issue date of June 15, 2021 to June 30, 2021. In accordance with the terms of the Series D Preferred Stock, the Series D monthly dividend has been approved by the Board of Directors through December 2021 in the amount of $ 0.10417 455,207 Common Stock. 100,000,000 1,000 9,000,000 0.01 No one 9.8% On July 12, 2021, the Company entered into a securities purchase agreement with a single U.S. institutional investor for the purchase and sale of 1,000,000 2,000,000 1,000,000 5.00 4.99 0.01 5.50 five years In connection with this additional offering, we agreed to issue the Placement Agent Warrants to purchase up to 80,000 4.0% 6.25 five years The Company evaluated the accounting guidance in ASC 480 and ASC 815 regarding the classification of the Pre-Funded Warrant, Common Stock Warrants, and Placement Agent Warrants as equity or a liability and ultimately determined that it should be classified as permanent equity. As of September 30, 2021, none Stock Repurchase Program 10 18,133 3.73692 0.035 68,396 Cash Dividends on Common Stock. 1.0 0.101 1.0 0.102 1.2 0.103 no Partnership Interests. 12 two five one Dividend Reinvestment Plan. 3,000,000 95% 19.00 No 30 17.4 917,074 No	11. STOCKHOLDERS’ EQUITY Preferred Stock. 1,000,000 no Common Stock. 100,000,000 1,000 9,000,000 0.01 no one 9.8% Cash Dividends. 1.0 0.10 1.1 2.2 0.12 Partnership Interests. 15 two one four During the year ended December 31, 2020, the Company exercised two 59,274 1.2 Dividend Reinvestment Plan. 3,000,000 95% 10.00 No 30 17.4 1,834,147

SHARE-BASED INCENTIVE PLAN

SHARE-BASED INCENTIVE PLAN	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
SHARE-BASED INCENTIVE PLAN	11. SHARE-BASED INCENTIVE PLAN The Company maintains a restricted stock incentive plan for the purpose of attracting and retaining officers, employees, and non-employee board members. Share awards generally vest in equal annual installments over a three ten 20.00 A summary of the activity for the Company’s restricted stock was as follows: SCHEDULE OF ACTIVITY FOR RESTRICTED STOCK Common Shares Outstanding shares: Balance at December 31, 2020 126,190 Granted 301,714 Forfeited (26,737 ) Vested — Balance at September 30, 2021 401,167 The non-vested restricted shares outstanding as of September 30, 2021 will vest over the next one seven The value of non-vested restricted stock granted as of September 30, 2021 and December 31, 2020 was approximately $ 2.3 0.9 Share-based compensation expense for the three and nine months ended September 30, 2021, was approximately $ 0.3 0.9 0.2 0.5	12. SHARE-BASED INCENTIVE PLAN The Company maintains a restricted stock incentive plan for the purpose of attracting and retaining officers, key employees and non-employee board members. Share awards vest in equal annual installments over a three ten 20.00 A summary of the activity for the Company’s restricted stock was as follows: SCHEDULE OF ACTIVITY FOR RESTRICTED STOCK Common Shares Outstanding shares: Balance at December 31, 2019 125,943 Granted 91,173 Forfeited (4,599 ) Vested (86,327 ) Balance at December 31, 2020 126,190 The non-vested restricted shares outstanding as of December 31, 2020 will vest over the next one seven The value of non-vested restricted stock granted for the years ended December 31, 2020 and 2019 was approximately $ 0.9 1.7 Share-based compensation expense for the years ended December 31, 2020 and 2019 was approximately $ 1.1 0.8

SEGMENTS

SEGMENTS	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Segment Reporting [Abstract]
SEGMENTS	12. SEGMENTS The Company’s reportable segments consist of three The Company evaluates the performance of its segments based upon net operating income (“NOI”), which is a non-GAAP supplemental financial measure. The Company defines NOI for its segments as operating revenues (rental income, tenant reimbursements and other operating income) less property and related expenses (property operating expenses, real estate taxes, insurance, asset management fees, impairments and provision for bad debt). NOI excludes certain items that are not considered to be controllable in connection with the management of an asset such as non-property income and expenses, depreciation and amortization, real estate acquisition fees and expenses and corporate general and administrative expenses. The Company uses NOI to evaluate the operating performance of the Company’s real estate investments and to make decisions regarding allocation of resources. The following tables compare the Company’s segment activity to its results of operations and financial position as of and for the three and nine months ended September 30, 2021 and September 30, 2020: SCHEDULE OF SEGMENT ACTIVITY RESULTS OF OPERATIONS AND FINANCIAL POSITION 2021 2020 2021 2020 Three Months Ended September 30, For the Nine Months Ended September 30, 2021 2020 2021 2020 Office/Industrial Properties: Rental, fees and other income $ 2,888,361 $ 4,098,892 $ 10,149,013 $ 13,334,595 Property and related expenses (1,171,387 ) (1,813,950 ) (4,288,142 ) (5,539,320 ) Net operating income, as defined 1,716,974 2,284,942 5,860,871 7,795,275 Model Home Properties: Rental, fees and other income 739,558 1,058,329 2,528,748 3,268,074 Property and related expenses (25,804 ) (58,897 ) (106,304 ) (160,688 ) Net operating income, as defined 713,754 999,432 2,422,444 3,107,386 Retail Properties: Rental, fees and other income 748,312 548,392 2,213,808 2,305,412 Property and related expenses (217,379 ) (277,820 ) (644,862 ) (1,729,171 ) Net operating (loss) income, as defined 530,933 270,572 1,568,946 576,241 Reconciliation to net loss: Total net operating income, as defined, for reportable segments 2,961,661 3,554,946 9,852,261 11,478,902 General and administrative expenses (1,479,261 ) (1,366,380 ) (4,361,297 ) (3,996,696 ) Depreciation and amortization (1,306,874 ) (1,626,917 ) (4,104,018 ) (4,823,673 ) Interest expense (1,030,883 ) (2,143,960 ) (3,822,313 ) (6,971,162 ) Deferred offering costs Gain on extinguishment of government debt — — 10,000 — Other income (expense), net (13,886 ) (12,270 ) (67,329 ) (10,865 ) Income tax expense (182,607 ) (122,602 ) (471,506 ) (257,602 ) Gain (loss) on sale of real estate 627,322 332,715 2,060,336 656,975 Net income (loss) $ (424,528 ) $ (1,384,468 ) $ (903,866 ) $ (3,924,121 ) SCHEDULE OF ASSETS BY REPORTABLE SEGMENT September 30, December 31, Assets by Reportable Segment: 2021 2020 Office/Industrial Properties: Land, buildings and improvements, net (1) $ 70,110,480 $ 99,120,649 Total assets (2) $ 67,689,503 $ 100,046,782 Model Home Properties: Land, buildings and improvements, net (1) $ 29,954,760 $ 42,509,596 Total assets (2) $ 28,972,715 $ 42,246,022 Retail Properties: Land, buildings and improvements, net (1) $ 25,774,657 $ 24,555,371 Total assets (2) $ 27,471,065 $ 26,108,109 Reconciliation to Total Assets: Total assets for reportable segments $ 124,133,283 $ 168,400,913 Other unallocated assets: Cash, cash equivalents and restricted cash 19,428,488 2,149,088 Other assets, net 18,272,856 15,018,615 Total Assets $ 161,834,627 $ 185,568,616 (1) Includes lease intangibles and the land purchase option related to property acquisitions. (2) Includes land, buildings and improvements, cash, cash equivalents, and restricted cash, current receivables, deferred rent receivables and deferred leasing costs and other related intangible assets, all shown on a net basis. SCHEDULE OF CAPITAL EXPENDITURES BY REPORTABLE SEGMENT Capital Expenditures by Reportable Segment 2021 2020 For the Nine Months Ended September 30, Capital Expenditures by Reportable Segment 2021 2020 Office/Industrial Properties: Capital expenditures and tenant improvements $ 1,054,202 $ 2,501,075 Model Home Properties: Acquisition of operating properties 2,851,800 8,996,248 Retail Properties: Acquisition of operating properties 4,906,266 Capital expenditures and tenant improvements 67,849 9,077 Totals: Acquisition of operating properties, net 7,758,066 8,996,248 Capital expenditures and tenant improvements 1,122,051 2,510,152 Total real estate investments $ 8,880,117 $ 11,506,400	13. SEGMENTS The Company’s reportable segments consist of the three The Company evaluates the performance of its segments based upon net operating income (“NOI”), which is a non-GAAP supplemental financial measure. The Company defines NOI for its segments as operating revenues (rental income, tenant reimbursements and other operating income) less property and related expenses (property operating expenses, real estate taxes, insurance, asset management fees, impairments and provision for bad debt) excluding interest expense. NOI excludes certain items that are not considered to be controllable in connection with the management of an asset such as non-property income and expenses, depreciation and amortization, real estate acquisition fees and expenses and corporate general and administrative expenses. The Company uses NOI to evaluate the operating performance of the Company’s real estate investments and to make decisions about resource allocations. The following tables reconcile the Company’s segment activity to its results of operations and financial position as of and for the years ended December 31, 2020 and 2019, respectively. SCHEDULE OF SEGMENT ACTIVITY RESULTS OF OPERATIONS AND FINANCIAL POSITION 2020 2019 For the Year Ended December 31, 2020 2019 Office/Industrial Properties: Rental, fees and other income $ 17,580,472 $ 21,490,215 Property and related expenses (7,977,561 ) (9,317,720 ) Net operating income, as defined 9,602,911 12,172,495 Model Home Properties: Rental, fees and other income 4,251,980 4,194,489 Property and related expenses (202,667 ) (193,367 ) Net operating income, as defined 4,049,313 4,001,122 Retail Properties: Rental, fees and other income 2,971,125 2,956,407 Property and related expenses (2,368,906 ) (899,487 ) Net operating income, as defined 602,219 2,056,920 Reconciliation to net loss: Total net operating income, as defined, for reportable segments 14,254,443 18,230,537 General and administrative expenses (5,751,754 ) (5,268,315 ) Depreciation and amortization (6,274,321 ) (7,364,688 ) Interest expense (8,813,067 ) (10,649,646 ) Deferred offering costs (530,639 ) — Other income (expense), net (20,636 ) 117,037 Income tax expense (370,884 ) (611,263 ) Gain on sale of real estate 1,245,460 6,319,272 Net loss $ (6,261,398 ) $ 772,934 SCHEDULE OF ASSETS BY REPORTABLE SEGMENT December 31, December 31, Assets by Reportable Segment: 2020 2019 Office/Industrial Properties: Land, buildings and improvements, net (1) $ 99,120,649 $ 126,421,648 Total assets (2) $ 100,046,782 $ 131,180,612 Model Home Properties: Land, buildings and improvements, net (1) $ 42,509,596 $ 48,466,371 Total assets (2) $ 42,246,022 $ 51,389,400 Retail Properties: Land, buildings and improvements, net (1) $ 24,555,371 $ 25,318,601 Total assets (2) $ 26,108,109 $ 26,588,254 Reconciliation to Total Assets: Total assets for reportable segments $ 168,400,913 $ 209,158,266 Other unallocated assets: Cash, cash equivalents and restricted cash 2,149,088 1,591,041 Other assets, net 15,018,615 10,035,101 Total Assets $ 185,568,616 $ 220,784,408 (1) Includes lease intangibles and the land purchase option related to property acquisitions. (2) Includes land, buildings and improvements, current receivables, deferred rent receivables and deferred leasing costs and other related intangible assets, all shown on a net basis. SCHEDULE OF CAPITAL EXPENDITURES BY REPORTABLE SEGMENT September 30, December 31, For the Year Ended December 31, Capital Expenditures by Reportable Segment 2020 2019 Office/Industrial Properties: Capital expenditures and tenant improvements $ 2,825,168 $ 6,373,464 Model Home Properties: Acquisition of operating properties 10,161,613 13,037,562 Retail Properties: Capital expenditures and tenant improvements 9,205 20,247 Totals: Acquisition of operating properties, net 10,161,613 13,037,562 Capital expenditures and tenant improvements 2,834,373 6,393,711 Total real estate investments $ 12,995,986 $ 19,431,273

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	13. SUBSEQUENT EVENTS On October 15, 2021, the Company announced the continued monthly dividend on its Preferred Stock Series D in the amount of $ 0.19531 November 15, 2021 October 31, 2021 On October 28, 2021 the Company acquired three 1.5 0.5 1.0 During October 2021, the Company entered into a purchase and sales agreement to acquire a property in Baltimore, MD for approximately $ 8.7	14. SUBSEQUENT EVENTS Dispositions We disposed of the following properties subsequent to December 31, 2020: ● Waterman Plaza was sold on January 28, 2021 for approximately $ 3.5 ● Garden Gateway was sold on February 19, 2021 for approximately $ 11.2 Notes Payable On September 1, 2020, we extended the maturity of the Polar Note from October 1, 2020 to March 31, 2021 (“Maturity”), as of December 31, 2020, the outstanding principal balance was approximately $ 7.7 Dividends On February 23, 2021, our Board of Directors declared a dividend of $ 0.101 March 16, 2021 March 9, 2021 .

ORGANIZATION AND BASIS OF PRESE

ORGANIZATION AND BASIS OF PRESENTATION	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BASIS OF PRESENTATION	1. ORGANIZATION Organization 12 two The Company or one of its affiliates operates the following partnerships during the periods covered by these condensed consolidated financial statements: ● The Company is the sole general partner and limited partner in two ● The Company is the general and limited partner in six The Company has determined that the limited partnerships in which it owns less than 100% should be included in the Company’s consolidated financial statements as the Company directs their activities and has control of such limited partnerships. We have elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code (the “Code”), for federal income tax purposes. To maintain our qualification as a REIT, we are required to distribute at least 90% of our REIT taxable income to our stockholders and meet the various other requirements imposed by the Code relating to such matters as operating results, asset holdings, distribution levels, and diversity of stock ownership. Provided we maintain our qualification for taxation as a REIT, we are generally not subject to corporate-level income tax on the earnings distributed currently to our stockholders that we derive from our REIT qualifying activities. If we fail to maintain our qualification as a REIT in any taxable year and are unable to avail ourselves of certain savings provisions set forth in the Code, all our taxable income would be subject to federal income tax at regular corporate rates, including any applicable alternative minimum tax. We are subject to certain state and local income taxes. We, together with one of our entities, have elected to treat our subsidiaries as a taxable REIT subsidiary (a “TRS”) for federal income tax purposes. Certain activities that we undertake must be conducted by a TRS, such as non-customary services for our tenants, and holding assets that we cannot hold directly. A TRS is subject to federal and state income taxes. The Company has concluded that there are no significant uncertain tax positions requiring recognition in its financial statements. Neither the Company nor its subsidiaries have been assessed any significant interest or penalties for tax positions by any tax jurisdictions. Reverse Stock Split. two Initial Public Offering 500,000 5.00 2.0 0.5 0.5 0.5 0.5 Additional Offerings & Warrants 200,000,000 1,000,000 2,000,000 1,000,000 5.00 4.99 0.01 5.50 In connection with this additional offering, we agreed to issue the Placement Agent Warrants to purchase up to 80,000 4.0% 6.25 five The Company evaluated the accounting guidance in ASC 480 and ASC 815 regarding the classification of the Pre-Funded Warrant, Common Stock Warrants, and Placement Agent Warrants as equity or a liability and ultimately determined that it should be classified as permanent equity. As of September 30, 2021, none Preferred Stock Series D 800,000 9.375% 25.00 18.1 45 120,000 2.7 920,000 20.5 Repaid Note. 14.0 8% 8.8 7.7 Liquidity. Short-term liquidity needs include paying our current operating costs, satisfying the debt service requirements of existing mortgages, completing tenant improvements, paying leasing commissions, and funding dividends to stockholders. Future principal payments due on mortgage notes payables, during the last three months of 2021, total approximately $ 0.9 0.6 As the Company continues its operations, it may re-finance or seek additional financing; however, there can be no assurance that any such re-financing or additional financing will be available to the Company on acceptable terms, if at all. If events or circumstances occur such that the Company does not obtain additional funding, it will most likely be required to reduce its plans and/or certain discretionary spending, which could have a material adverse effect on the Company’s ability to achieve its intended business objectives. Management believes that the combination of working capital on hand and the ability to refinance commercial and model home mortgages will fund operations through at least the next twelve months from the date of the issuance of these unaudited interim financial statements. 6.2 6.1 .	1. ORGANIZATION AND BASIS OF PRESENTATION Organization. 14 commercial properties in fee interest and have partial interests one property through our investments in limited partnerships for which we serve as the general partner. The Company or one of its affiliates operate the following partnerships during the periods covered by these consolidated financial statements: ● The Company is the sole general partner and limited partner in two limited partnerships (NetREIT Palm Self-Storage LP and NetREIT Casa Grande LP), all with ownership in real estate income producing properties. The Company refers to these entities collectively, as the “NetREIT Partnerships”. ● The Company is the general partner and/or limited partner in six limited partnerships that purchase model homes and lease them back to homebuilders (Dubose Model Homes Investors #202, LP, Dubose Model Homes Investors #203, LP, Dubose Model Homes Investors #204, LP, Dubose Model Homes Investors #205, LP, Dubose Model Homes Investors #206, LP and NetREIT Dubose Model Home REIT, LP). The Company refers to these entities collectively, as the “Model Home Partnerships”. The Company has determined that the limited partnerships in which it owns less than 100%, should be included in the Company’s consolidated financial statements as the Company directs their activities and holds a variable interest in these limited partnerships for which the Company is the primary beneficiary. Unit-based information used herein (such as references to square footage or property occupancy rates) is unaudited. Initial Public Offering 500,000 5.00 2.0 0.5 0.5 0.5 0.5 Reverse Stock Split two Liquidity. 14.0 8 October 1, 2020 March 31, 2021 7.7 4 We have $ 10.2 16.4 Segments. Customer Concentration. 6.2 6.1

SERIES B MANDATORILY REDEEMABLE

SERIES B MANDATORILY REDEEMABLE PREFERRED STOCK	12 Months Ended
	Dec. 31, 2020
Series B Mandatorily Redeemable Preferred Stock
SERIES B MANDATORILY REDEEMABLE PREFERRED STOCK	9. SERIES B MANDATORILY REDEEMABLE PREFERRED STOCK During the year ended December 31, 2019, the Company redeemed all of its remaining 16,900 16.9 no 0.1 no no

Schedule III - Real Estate and

Schedule III - Real Estate and Accumulated Depreciation and Amortization	12 Months Ended
	Dec. 31, 2020
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]
Schedule III - Real Estate and Accumulated Depreciation and Amortization	Schedule III - Real Estate and Accumulated Depreciation and Amortization SCHEDULE OF REAL ESTATE PROPERTY COST, IMPROVEMENTS AND DEPRECIATION All amounts are in thousands Initial Cost Total Cost (1) Property Name/ Location Encumbrances Land Cost Building & Improvements Acquisition Price Capitalized Improvements Land Cost Building & Improvements Total Cost Accumulated Depreciation & Amortization Reserve for Impairment NBV Real Estate Date Acquired Year Built/ Renovated Garden Gateway, Colorado Springs, CO (2) $ 5,861 $ 3,035 $ 12,091 $ 15,126 $ 3,329 $ 3,035 $ 10,874 $ 17,238 $ 5,774 $ — $ 11,464 03 /07 1982/2006 Executive Park, Colorado Springs, CO (2) 2,986 583 8,815 10,081 1,473 583 5,561 7,617 2,510 — 5,107 07 /08 2000 Genesis Plaza, San Diego, CA 6,276 1,400 8,600 10,000 2,625 1,400 8,323 12,348 3,697 — 8,651 08 /10 1989 Dakota Center, Fargo, ND 9,900 832 8,743 9,575 1,306 832 9,960 12,098 3,500 — 8,598 05 /11 1982 Grand Pacific Center, Bismarck, ND 3,738 413 4,926 5,339 904 413 6,099 7,416 1,732 — 5,684 03 /14 1976 Arapahoe Center, Centennial, CO 7,932 1,420 10,430 11,850 2,078 1,420 8,857 12,355 3,122 — 9,233 12 /14 2000 West Fargo Industrial, Fargo, ND 4,263 1,693 6,207 7,900 264 1,693 6,099 8,056 995 — 7,061 08 /15 1998/2005 300 N.P., Fargo, ND 2,274 135 3,715 3,850 319 135 3,589 4,043 764 — 3,279 08 /15 1922 Highland Court, Centennial, CO (2) 6,275 3,608 9,442 13,050 3,408 3,608 7,767 14,783 3,883 400 10,500 08 /15 1984 One Park Centre, Westminster, CO 6,385 1,206 7,944 9,150 1,952 1,206 7,416 10,574 1,987 — 8,587 08 /15 1983 Shea Center II, Highlands Ranch, CO 17,728 2,214 23,747 25,961 6,065 2,214 19,526 27,805 6,779 — 21,026 12 /15 2000 Total Office/ Industrial properties 73,618 16,539 104,660 121,882 23,723 16,539 94,071 134,333 34,743 400 99,190 World Plaza , San Bernardino, CA (2) 5,803 1,698 6,232 7,930 1,761 1,698 8,758 12,217 2,246 700 9,271 09 /07 1974 Waterman Plaza, San Bernardino, CA (2) 3,208 2,350 4,814 7,164 239 2,383 4,324 6,946 1,282 2,164 3,500 08 /08 2008 Union Town Center, Colorado Springs, CO 8,316 1,750 9,462 11,212 513 1,750 8,932 11,195 1,851 — 9,344 12 /14 2003 Research Parkway, Colorado Springs, CO 1,760 408 2,442 2,850 43 408 2,349 2,800 361 — 2,439 8/15/2016 2003 Total Retail properties 19,087 6,206 22,950 29,156 2,556 6,239 24,363 33,158 5,740 2,864 24,554 Model Homes -NDMHR, LP 974 534 2,047 2,581 — 534 2,047 2,581 197 — 2,384 2010-2016 2010-2016 Model Homes-DMH LP #202 3,149 741 4,238 4,979 — 741 4,238 4,979 337 — 4,642 2014-2019 2014-2019 Model Homes-DMH LP #203 5,271 1,600 7,132 8,732 — 1,600 7,132 8,732 441 8,291 2016-2020 2016-2020 Model Homes-DMH LP #204 5,385 1,412 6,787 8,199 — 1,412 6,787 8,199 345 7,854 2019-2020 2019-2020 Model Homes-DMH LP #205 5,214 1,461 6,287 7,748 — 1,461 6,287 7,748 179 — 7,569 2020 2020 Model Homes-DMH LP #206 1,696 294 2,181 2,475 — 294 2,181 2,475 27 2,448 2020 2020 Model Homes-NMH Inc. 6,394 1,510 8,190 9,700 — 1,510 8,190 9,700 378 — 9,322 2016-2020 2016-2020 Total Model Home properties 28,083 7,552 36,862 44,414 — 7,552 36,862 44,414 1,904 — 42,510 — CONSOLIDATED TOTALS: $ 120,788 $ 30,297 $ 164,472 $ 195,452 $ 26,279 $ 30,330 $ 155,296 $ 211,905 $ 42,387 $ 3,264 $ 166,254 (1) Depreciation is computed on a straight-line basis using useful lives up to 39 years . (2) Property held for sale as of December 31, 2020. (3) Waterman Plaza sold for approximately $ 3.5 million on January 28, 2021. (4) Garden Gateway sold for approximately $ 11.2 million on February 19, 2021. Presidio Property Trust, Inc. and Subsidiaries Schedule III - Real Estate and Accumulated Depreciation and Amortization (continued) – as of December 31, 2020 SCHEDULE OF INVESTMENT IN REAL ESTATE AND ACCUMULATED DEPRECIATION For the Year Ended December 31, 2020 2019 Real estate Balance at the beginning of the year $ 244,320,582 $ 254,675,874 Acquisitions 10,161,613 13,037,562 Improvements 2,834,367 6,393,711 Impairments (1,730,851 ) — Dispositions of real estate (46,944,545 ) (29,786,565 ) Balance at the end of the year $ 208,641,166 $ 244,320,582 Accumulated depreciation and amortization Balance at the beginning of the year $ (44,113,962 ) $ (43,567,809 ) Depreciation and amortization expense (5,938,958 ) (6,693,613 ) Dispositions of real estate 7,665,721 6,147,460 Balance at the end of the year $ (42,387,199 ) $ (44,113,962 ) Real estate assets, net $ 166,253,967 $ 200,206,620

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation	Basis of Presentation
Principles of Consolidation	Principles of Consolidation The Company classifies the noncontrolling interests in the NetREIT Partnerships as part of consolidated net income (loss) in 2021 and 2020 and has included the accumulated amount of noncontrolling interests as part of equity since inception in February 2010. If a change in ownership of a consolidated subsidiary results in loss of control and deconsolidation, any retained ownership interest will be remeasured, with the gain or loss reported in the statement of operations. Management has evaluated the noncontrolling interests and determined that they do not contain any redemption features.	Principles of Consolidation The Company classifies the noncontrolling interests in the NetREIT Partnerships as part of consolidated net income (loss) in 2020 and 2019 and has included the accumulated amount of noncontrolling interests as part of equity since inception in February 2010. If a change in ownership of a consolidated subsidiary results in loss of control and deconsolidation, any retained ownership interest will be remeasured, with the gain or loss reported in the statement of operations. Management has evaluated the noncontrolling interests and determined that they do not contain any redemption features.
Use of Estimates	Use of Estimates	Use of Estimates
Real Estate Assets and Lease Intangibles	Real Estate Assets and Lease Intangibles The Company allocates the purchase price to tangible assets of an acquired property based on the estimated fair values of those tangible assets, assuming the property was vacant. Estimates of fair value for land, building and building improvements are based on many factors including but not limited to comparisons to other properties sold in the same geographic area and independent third-party valuations. In estimating the fair values of the tangible assets, intangible assets, and liabilities acquired, the Company also considers information obtained about each property as a result of its pre-acquisition due diligence, marketing and leasing activities. The value allocated to acquired lease intangibles is based on management’s evaluation of the specific characteristics of each tenant’s lease. Characteristics considered by management in allocating these values include but are not limited to the nature and extent of the existing business relationships with the tenant, growth prospects for developing new business with the tenant, the remaining term of the lease, the tenant’s credit quality, and other factors. The value attributable to the above-market or below-market component of an acquired in-place lease is determined based upon the present value (using a market discount rate) of the difference between (i) the contractual rents to be paid pursuant to the lease over its remaining term, and (ii) management’s estimate of rents that would be paid using fair market rates over the remaining term of the lease. The amounts allocated to above or below-market leases are amortized on a straight-line basis as an increase or reduction of rental income over the remaining non-cancelable term of the respective leases. Amortization of above and below-market rents resulted in a net increase in rental income of approximately $ 6,000 4,000 26,000 84,000 The value of in-place leases and unamortized lease origination costs are amortized to expenses over the remaining term of the respective leases, which range from less than a year to ten 68,000 275,000 116,000 369,000	Real Estate Assets and Lease Intangibles The Company allocates the purchase price to tangible assets of an acquired property based on the estimated fair values of those tangible assets assuming the building was vacant. Estimates of fair value for land, building and building improvements are based on many factors including, but not limited to, comparisons to other properties sold in the same geographic area and independent third-party valuations. The Company also considers information obtained about each property as a result of its pre-acquisition due diligence, marketing and leasing activities in estimating the fair values of the tangible and intangible assets and liabilities acquired. The value allocated to acquired lease intangibles is based on management’s evaluation of the specific characteristics of each tenant’s lease. Characteristics considered by management in allocating these values include the nature and extent of the existing business relationships with the tenant, growth prospects for developing new business with the tenant, the remaining term of the lease and the tenant’s credit quality, among other factors. The value allocable to the above-market or below-market component of an acquired in-place lease is determined based upon the present value (using a market discount rate) of the difference between (i) the contractual rents to be paid pursuant to the lease over its remaining term, and (ii) management’s estimate of rents that would be paid using fair market rates over the remaining term of the lease. The amounts allocated to above or below-market leases are amortized on a straight-line basis as an increase or reduction of rental income over the remaining non-cancelable term of the respective leases. Amortization of above and below-market rents resulted in a net increase in rental income of approximately $ 0.1 The value of in-place leases and unamortized lease origination costs are amortized to expenses over the remaining term of the respective leases, which range from less than a year to ten 0.4 0.6
Deferred Leasing Costs	Deferred Leasing Costs one five 1.3 1.9 85,000 257,000 106,000 306,000	Deferred Leasing Costs . Costs incurred in connection with successful property leases are capitalized as deferred leasing costs and amortized to leasing commission expense on a straight-line basis over the terms of the related leases which generally range from one to five years 1.9 million and $ 2.1 million, respectively. Total amortization expense for the years ended December 31, 2020 and 2019 was approximately $ 0.4 million and $ 0.6 million, respectively.
Cash, Cash Equivalents and Restricted Cash	Cash Equivalents and Restricted Cash 27.8 11.5 3.8 4.2	Cash, Cash Equivalents and Restricted Cash 250,000 9.8 4.1
Real Estate Held for Sale and Discontinued Operations	Real Estate Held for Sale one three	Real Estate Held for Sale and Discontinued Operations
Deferred Offering Costs	Deferred Offering Costs 2,000 109,000 2.5 1.1	Deferred Offering Costs 0.1 0.5
Impairment of Real Estate Assets	Impairments of Real Estate Assets Properties held for sale are recorded at the lower of the carrying amount or the expected sales price less costs to sell. Although our strategy is to hold our properties over the long-term, if our strategy changes or market conditions otherwise dictate an earlier sale date, an impairment loss may be recognized to reduce the property to fair value and such loss could be material. During the fourth quarter of 2020, the Company recorded its Highland Court property (“Highland Court”) as held for sale and subsequently entered into a purchase and sale agreement (“PSA”) with an unrelated third-party. Highland Court had a book value of approximately $ 10.5 10.2 0.3	Impairment of Real Estate Assets 1.3 0.4
Fair Value Measurements	Fair Value Measurements ● Level 1: unadjusted quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities; ● Level 2: quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which significant inputs and significant value drivers are observable in active markets; and ● Level 3: prices or valuation techniques where little or no market data is available that requires inputs that are both significant to the fair value measurement and unobservable. When available, we utilize quoted market prices from independent third-party sources to determine fair value and classify such items in Level 1 or Level 2. In instances where the market for a financial instrument is not active, regardless of the availability of a nonbinding quoted market price, observable inputs might not be relevant and could require us to make a significant adjustment to derive a fair value measurement. Additionally, in an inactive market, a market price quoted from an independent third-party may rely more on models with inputs based on information available only to that independent third-party. When we determine the market for a financial instrument owned by us to be illiquid or when market transactions for similar instruments do not appear orderly, we use several valuation sources (including internal valuations, discounted cash flow analysis and quoted market prices) and establish a fair value by assigning weights to the various valuation sources. As of September 30, 2021 and December 31, 2020, our marketable securities presented on the balance sheet were measured using Level 1 market prices. There were no financial liabilities measured at fair value as of September 30, 2021 and December 31, 2020. Additionally, when determining the fair value of a liability in circumstances in which a quoted price in an active market for an identical liability is not available, we measure fair value using (i) a valuation technique that uses the quoted price of the identical liability when traded as an asset or quoted prices for similar liabilities when traded as assets or (ii) another valuation technique that is consistent with the principles of fair value measurement, such as the income approach or the market approach. Changes in assumptions or estimation methodologies can have a material effect on these estimated fair values. In this regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, may not be realized in an immediate settlement of the instrument.	Fair Value Measurements Level 1 – Quoted prices in active markets for identical assets or liabilities at the measurement date. Level 2 – Inputs other than quoted process that are observable for the asset or liability, either directly or indirectly. Level 3 – Unobservable inputs for the asset or liability. Fair value is defined as the price at which an asset or liability is exchanged between market participants in an orderly transaction at the reporting date. Cash equivalents, mortgage notes receivable, tenant receivable and payables and accrued liabilities all approximate fair value due to their short-term nature. During the year ended December 31, 2020, the Company measured the fair value of two of its real estate properties on a nonrecurring basis using Level 3 inputs. The Company estimated the fair value for the impaired real estate asset held for investment based on an estimated sales price, less estimated costs to sell. Management believes that the recorded and fair values of notes payable are approximately the carrying value as of December 31, 2020 and 2019.
Income (Loss) per Common Share	Earnings per share EPS ). As of September 30, 2021, there were 401,167 212,517	Income (Loss) per Common Share For the years ended December 31, 2020 and 2019, the basic and diluted net loss per share are equivalent at $( 0.85 0.07
Subsequent Events	Subsequent Events
Recently Issued Accounting Pronouncements	Recently Issued and Adopted Accounting Pronouncements Financial Instruments – Credit Losses, Financial Instruments—Credit Losses (Topic 326) and Leases (Topic 842) In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815-40).	Recently Issued Accounting Pronouncements In June 2017, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses, amended in February 2020 with ASU No. 2020-02, Financial Instruments—Credit Losses (Topic 326) and Leases (Topic 842). ASU 2016-13 introduces a new model for estimating credit losses for certain types of financial instruments, including loans receivable, held-to-maturity debt securities, and net investments in direct financing leases, amongst other financial instruments. ASU 2016-13 also modifies the impairment model for available-for-sale debt securities and expands the disclosure requirements regarding an entity’s assumptions, models, and methods for estimating the allowance for losses. While ASU 2016-13 was effective for periods beginning after December 15, 2019, the issuance of ASU 2020-02 has allowed for the delay in adoption for certain smaller public companies, and is now effective for fiscal periods beginning after December 15, 2022. Retrospective adjustments shall be applied through a cumulative-effect adjustment to retained earnings. The Company is continuing to evaluate the impact of this guidance on its financial statements, and does not believe it will have a material impact on the financial statements. In August 2018, the FASB issued ASU No. 2018-13, Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement which removes, modifies, and adds certain disclosure requirements related to fair value measurements in ASC 820. This guidance is effective for public companies in fiscal years beginning after December 15, 2019 with early adoption permitted. The Company adopted this guidance as of January 1, 2020 and noted no impact on its consolidated financial statements.
Intangible Assets		Intangible Assets 0.2 0.3 The Company is required to perform a test for impairment of goodwill and other definite and indefinite lived assets at least annually, and more frequently as circumstances warrant. Impairment is recognized only if the carrying amount of the intangible asset is considered to be unrecoverable from its undiscounted cash flows and is measured as the difference between the carrying amount and the estimated fair value of the asset. Based on the review, no
Depreciation and Amortization		Depreciation and Amortization 39 1 10 4 5 6.3 7.4
Account Receivables		Account Receivables 70,000 21,000
Deferred Financing Costs		Deferred Financing Costs 0.8 1.1 0.2 0.4 0.5 0.1 0.9 0.4
Income Taxes		Income Taxes 90% 11.0 We, together with our subsidiary, NetREIT Dubose, have elected to treat such subsidiary as taxable REIT subsidiary (a “TRS”) for federal income tax purposes. Certain activities that we undertake must be conducted by a TRS, such as non-customary services for our tenants, and holding assets that we cannot hold directly. A TRS is subject to federal and state income taxes. The Company has concluded that there are no significant uncertain tax positions requiring recognition in its financial statements. Neither the Company nor its subsidiaries have been assessed any significant interest or penalties for tax positions by any major tax jurisdictions.
Sales of Real Estate Assets		Sales of Real Estate Assets ASC 610-20 refers to the revenue recognition principles under ASU No. 2014-9. Under ASC 610-20, if we determine we do not have a controlling financial interest in the entity that holds the asset and the arrangement meets the criteria to be accounted for as a contract, we would derecognize the asset and recognize a gain or loss on the sale of the real estate when control of the underlying asset transfers to the buyer.
Revenue Recognition and Accounts Receivables		Revenue Recognition and Accounts Receivables ● whether the lease stipulates how a tenant improvement allowance may be spent; ● whether the amount of a tenant improvement allowance is in excess of market rates; ● whether the tenant or landlord retains legal title to the improvements at the end of the lease term; ● whether the tenant improvements are unique to the tenant or general-purpose in nature; and ● whether the tenant improvements are expected to have any residual value at the end of the lease. We record property operating expense reimbursements due from tenants for common area maintenance, real estate taxes, and other recoverable costs in the period the related expenses are incurred. We make estimates of the collectability of our tenant receivables related to base rents, including deferred rent receivable, expense reimbursements and other revenue or income. We specifically analyze accounts receivable, deferred rent receivable, historical bad debts, customer creditworthiness, current economic trends and changes in customer payment terms when evaluating the adequacy of the allowance for doubtful accounts. In addition, with respect to tenants in bankruptcy, management makes estimates of the expected recovery of pre-petition and post-petition claims in assessing the estimated collectability of the related receivable. In some cases, the ultimate resolution of these claims can exceed one year. When a tenant is in bankruptcy, we will record a bad debt reserve for the tenant’s receivable balance and generally will not recognize subsequent rental revenue until cash is received or until the tenant is no longer in bankruptcy and has the ability to make rental payments.

REAL ESTATE ASSETS (Tables)

REAL ESTATE ASSETS (Tables)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Real Estate Assets
SCHEDULE OF REAL ESTATE PROPERTIES	A summary of the properties owned by the Company as of September 30, 2021 and December 31, 2020 is as follows: SCHEDULE OF REAL ESTATE PROPERTIES Date Real estate assets, net (in thousands) Property Name Acquired Location 2021 2020 Garden Gateway Plaza (1) March 2007 Colorado Springs, Colorado — $ 11,465 World Plaza (2) September 2007 San Bernardino, California 9,272 9,272 Executive Office Park (1) July 2008 Colorado Springs, Colorado — 5,106 Waterman Plaza (1) August 2008 San Bernardino, California — 3,500 Genesis Plaza (3) August 2010 San Diego, California 8,412 8,651 Dakota Center May 2011 Fargo, North Dakota 8,694 8,597 Grand Pacific Center March 2014 Bismarck, North Dakota 5,525 5,684 Arapahoe Center December 2014 Centennial, Colorado 8,901 9,233 Union Town Center December 2014 Colorado Springs, Colorado 9,212 9,345 West Fargo Industrial August 2015 Fargo, North Dakota 6,996 7,061 300 N.P. August 2015 Fargo, North Dakota 3,218 3,280 Research Parkway August 2015 Colorado Springs, Colorado 2,392 2,438 One Park Center August 2015 Westminster, Colorado 8,072 8,586 Highland Court (1) (4) August 2015 Centennial, Colorado — 10,500 Shea Center II December 2015 Highlands Ranch, Colorado 20,340 21,026 Mandolin (4) August 2021 Houston, Texas 4,899 — Presidio Property Trust, Inc. properties 95,933 123,744 Model Home properties (5) 2014 - 2020 TX, FL, IL, WI 29,955 42,510 Total real estate assets and lease intangibles, net $ 125,888 $ 166,254 (1) This property was sold during the nine months ended September 30, 2021. (2) This property is held for sale as of September 30, 2021. (3) Genesis Plaza is owned by two tenants-in-common, each of which owns 57% 43% 76.4% (4) A portion of the proceeds from the sale of Highland Court were used in like-kind exchange transactions pursued under Section 1031 of the Internal Revenue for the acquisition of our Mandolin property. Mandolin is owned by NetREIT Palm Self-Storage LP, through its wholly owned subsidiary NetREIT Highland LLC, and the Company is the sole general partner and owns 61.3% (5) Includes three Model Homes listed as held for sale as of September 30, 2021.	The Company’s real estate assets consisted of the following as of December 31, 2020 and 2019: SCHEDULE OF REAL ESTATE PROPERTIES Date Real estate assets, net (in thousands) Property Name Acquired Location 2020 2019 Garden Gateway Plaza (1) March 2007 Colorado Springs, Colorado $ 11,465 $ 11,428 World Plaza (1) September 2007 San Bernardino, California 9,272 8,305 Executive Office Park (3) July 2008 Colorado Springs, Colorado 5,106 7,723 Waterman Plaza (1) August 2008 San Bernardino, California 3,500 4,889 Genesis Plaza August 2010 San Diego, California 8,651 8,789 Dakota Center May 2011 Fargo, North Dakota 8,597 8,855 Grand Pacific Center March 2014 Bismarck, North Dakota 5,684 5,914 Union Terrace (4) August 2014 Lakewood, CO — 8,425 Centennial Tech Center (4) December 2014 Colorado Springs, Colorado — 13,132 Arapahoe Center December 2014 Centennial, Colorado 9,233 9,748 Union Town Center December 2014 Colorado Springs, Colorado 9,345 9,612 West Fargo Industrial August 2015 Fargo, North Dakota 7,061 7,212 300 N.P. August 2015 Fargo, North Dakota 3,280 3,405 Research Parkway August 2015 Colorado Springs, Colorado 2,438 2,512 One Park Center August 2015 Westminster, Colorado 8,586 8,518 Highland Court (1) August 2015 Centennial, Colorado 10,500 11,421 Shea Center II December 2015 Highlands Ranch, Colorado 21,026 21,853 Presidio Property Trust, Inc. properties 123,744 151,741 Model Home properties (2) 2014 - 2020 AZ, FL, IL, PA, TX, WI 42,510 48,466 Total real estate assets and lease intangibles, net $ 166,254 $ 200,207 (1) Property held for sale as of December 31, 2020. (2) Includes seven Model Homes that are listed as held for sale as of December 31, 2020. (3) One of four buildings within this property was sold as of December 31, 2020. (4) This property was sold during the year ended December 31, 2020.
LESSOR, OPERATING LEASE, PAYMENT TO BE RECEIVED, FISCAL YEAR MATURITY		LESSOR, OPERATING LEASE, PAYMENT TO BE RECEIVED, FISCAL YEAR MATURITY 2021 $ 3,259,261 2022 3,406,500 2023 2,564,601 2024 1,211,331 2025 1,526,142 Thereafter 2,477,552 Totals $ 14,445,387 The Company generally rents Model Home Properties to homebuilders under non-cancelable lease agreements with a term of 18 months with an option to extend in six months increments. Future minimum rental revenues under existing leases on Model Home Properties as of December 31, 2020 are expected to be as follows: 2021 $ 2,784,108 2022 696,768 Totals $ 3,480,876

LEASE INTANGIBLES (Tables)

LEASE INTANGIBLES (Tables)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS	The following table summarizes the net value of other intangible assets acquired and the accumulated amortization for each class of intangible asset: SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS September 30, 2021 December 31, 2020 Lease Intangibles Accumulated Amortization Lease Intangibles, net Lease Intangibles Accumulated Amortization Lease Intangibles, net In-place leases $ 2,515,264 $ (2,320,045 ) $ 195,219 $ 3,136,587 $ (2,757,530 ) $ 379,057 Leasing costs 1,261,390 (1,146,572 ) 114,818 1,730,656 (1,510,559 ) 220,097 Above-market leases 333,485 (333,485 ) — 333,485 (291,421 ) 42,064 $ 4,110,139 $ (3,800,102 ) $ 310,037 $ 5,200,728 $ (4,559,510 ) $ 641,218	Lease intangibles consist of the following: SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS December 31, 2020 December 31, 2019 Lease Accumulated Lease Lease Accumulated Lease Intangibles Amortization Intangibles, net Intangibles Amortization Intangibles, net In-place leases $ 3,136,587 $ (2,757,530 ) $ 379,057 $ 4,360,027 $ (3,283,027 ) $ 1,077,000 Leasing costs 1,730,656 (1,510,559 ) 220,097 2,937,976 (2,002,711 ) 935,265 Above-market leases 333,485 (291,421 ) 42,064 333,485 (240,739 ) 92,746 $ 5,200,728 $ (4,559,510 ) $ 641,218 $ 7,631,488 $ (5,526,477 ) $ 2,105,011
SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE	Future aggregate approximate amortization expense for the Company’s lease intangible assets is as follows: SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE 2021 $ 52,866 2022 202,342 2023 17,526 2024 17,526 2025 15,670 Thereafter 4,107 Total $ 310,037	Aggregate approximate amortization expense for the Company’s lease intangible assets is as follows: SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE 2021 $ 372,484 2022 202,479 2023 17,663 2024 17,663 2025 17,663 Thereafter 13,266 Total $ 641,218

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
SCHEDULE OF OTHER ASSETS	Other assets consist of the following: SCHEDULE OF OTHER ASSETS September 30, December 31, 2021 2020 Deferred rent receivable $ 1,644,276 $ 1,912,048 Prepaid expenses, deposits and other 273,585 215,946 Investment in marketable securities 1,670,693 83,241 Accounts receivable, net 363,104 541,885 Right-of-use assets, net 81,637 102,144 Other intangibles, net 97,483 142,483 Notes receivable 316,374 316,374 Deferred offering costs 2,386 108,660 Total other assets $ 4,449,538 $ 3,422,781	Other assets consist of the following: SCHEDULE OF OTHER ASSETS December 31, December 31, 2020 2019 Deferred rent receivable $ 1,912,048 $ 2,680,886 Prepaid expenses, deposits and other 299,187 601,897 Accounts receivable, net 541,885 1,336,122 Right-of-use assets, net 102,144 561,375 Other intangibles, net 142,483 212,932 Notes receivable 316,374 316,374 Deferred offering costs 108,660 — Total other assets $ 3,422,781 $ 5,709,586

MORTGAGE NOTES PAYABLE (Tables)

MORTGAGE NOTES PAYABLE (Tables)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
SCHEDULE OF DEBT	Mortgage notes payable consist of the following: SCHEDULE OF DEBT Principal as of September 30, December 31, Loan Interest Mortgage note property 2021 2020 Type Rate (1) Maturity Waterman Plaza (2) $ — $ 3,207,952 Variable — — World Plaza (3) (4) — 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. 2,243,328 2,273,478 Fixed 4.95 % 6/11/2022 Highland Court (2) — 6,274,815 Fixed 3.82 % 9/1/2022 Dakota Center 9,734,220 9,900,279 Fixed 4.74 % 7/6/2024 Research Parkway 1,719,390 1,760,432 Fixed 3.94 % 1/5/2025 Arapahoe Service Center 7,812,125 7,932,255 Fixed 4.34 % 1/5/2025 Union Town Center 8,197,495 8,315,550 Fixed 4.28 % 1/5/2025 One Park Centre 6,304,625 6,385,166 Fixed 4.77 % 9/5/2025 Genesis Plaza 6,196,202 6,276,273 Fixed 4.71 % 9/6/2025 Shea Center II 17,559,316 17,727,500 Fixed 4.92 % 1/5/2026 Executive Office Park (2) — 2,985,998 Fixed 4.83 % 6/1/2027 West Fargo Industrial 4,177,334 4,262,718 Fixed 3.27 % 8/5/2029 Grand Pacific Center (5) 3,649,729 3,738,142 Fixed 4.02 % 8/1/2037 Subtotal, Presidio Property Trust, Inc. Properties $ 67,593,764 $ 92,704,649 Model Home mortgage notes (3) 19,335,267 28,083,356 Fixed (6 ) 2021 - 2024 Mortgage Notes Payable $ 86,929,031 $ 120,788,005 Unamortized loan costs (673,351 ) (758,309 ) Mortgage Notes Payable, net $ 86,255,680 $ 120,029,696 (1) Interest rates as of September 30, 2021. (2) Waterman Plaza and Garden Gateway Plaza were sold during the first quarter of 2021, while Highland Court and Executive Office Park were sold in the second quarter of 2021. (3) Property held for sale as of September 30, 2021. There were three model homes included as real estate assets held for sale. (4) During June 2021, this loan was paid in full with cash from the sale of other properties and excess cash on hand. (5) Interest rate is subject to reset on September 1, 2023. (6) Our model homes have stand-alone mortgage note at interest rates ranging from 2.50 5.63	Mortgage notes payable consisted of the following: SCHEDULE OF DEBT Principal as of December 31, December 31, Loan Interest Mortgage note property Notes 2020 2019 Type Rate (1) Maturity Waterman Plaza (3) (6) $ 3,207,952 $ 3,274,097 Variable 4.25 % 4/29/2021 World Plaza (3) (5) 5,802,568 4,979,384 Variable 2.91 % 7/5/2021 Garden Gateway Plaza (3) 5,861,523 6,071,315 Fixed 5.00 % 8/5/2021 300 N.P. 2,273,478 2,311,739 Fixed 4.95 % 6/11/2022 Highland Court (3) 6,274,815 6,424,366 Fixed 3.82 % 9/1/2022 Dakota Center 9,900,279 10,111,693 Fixed 4.74 % 7/6/2024 Union Terrace (2) - 6,240,396 Fixed 4.50 % 8/5/2024 Centennial Tech Center (2) - 9,561,652 Fixed 4.43 % 12/5/2024 Research Parkway 1,760,432 1,813,305 Fixed 3.94 % 1/5/2025 Arapahoe Service Center 7,932,255 8,085,727 Fixed 4.34 % 1/5/2025 Union Town Center 8,315,550 8,440,000 Fixed 4.28 % 1/5/2025 One Park Centre 6,385,166 6,487,532 Fixed 4.77 % 9/5/2025 Genesis Plaza 6,276,273 6,378,110 Fixed 4.71 % 9/6/2025 Shea Center II 17,727,500 17,727,500 Fixed 4.92 % 1/5/2026 Executive Office Park (3) 2,985,998 4,839,577 Fixed 4.83 % 6/1/2027 West Fargo Industrial 4,262,718 4,216,565 Fixed 3.27 % 8/5/2029 Grand Pacific Center (4) 3,738,142 3,851,962 Fixed 4.02 % 8/1/2037 Subtotal, Presidio Property Trust, Inc. Properties $ 92,704,649 $ 110,814,920 Model Home mortgage notes (3) 28,083,356 32,644,129 Fixed (7 ) 2021 - 2023 Mortgage Notes Payable $ 120,788,005 $ 143,459,049 Unamortized loan costs (758,309 ) (1,066,057 ) Mortgage Notes Payable, net $ 120,029,696 $ 142,392,992 (1) Interest rates as of December 31, 2020. (2) Property sold during the year ended December 31, 2020, see Footnote 3 above for further detail. One of four buildings at Executive Office Park were sold. (3) Properties held for sale as of December 31, 2020. Seven model homes were included as held for sale. (4) Interest rate is subject to reset on September 1, 2023. (5) Interest on this loan is ABR + 0.75% and LIBOR plus 2.75%. For the year-ended December 31, 2020, the weighted average interest rate was 3.37%. (6) Interest on this loan resets annually at LIBOR plus 3.00%, with a floor of 4.25% (7) Each Model Home has a stand-alone mortgage note at interest rates ranging from 2.5% to 5.6% at December 31, 2020.
SCHEDULE OF PRINCIPAL PAYMENTS OF MORTGAGE NOTES PAYABLE	Scheduled principal payments of mortgage notes payable were as follows as of September 30, 2021: SCHEDULE OF PRINCIPAL PAYMENTS OF MORTGAGE NOTES PAYABLE Presidio Property Model Total Trust, Inc. Homes Principal Years ending December 31: Notes Payable Notes Payable Payments 2021 $ 336,488 $ 606,375 $ 942,863 2022 3,581,868 8,766,945 12,348,813 2023 1,410,835 4,241,024 5,651,859 2024 10,368,843 5,720,923 16,089,766 2025 28,770,832 — 28,770,832 Thereafter 23,124,898 — 23,124,898 Total $ 67,593,764 $ 19,335,267 $ 86,929,031	SCHEDULE OF PRINCIPAL PAYMENTS OF MORTGAGE NOTES PAYABLE Scheduled principal payments of mortgage notes payable are as follows: Presidio Property Model Trust, Inc. Homes Total Principal Years ending December 31: Notes Payable Notes Payable Payments 2021 $ 16,385,688 $ 10,169,248 $ 26,554,936 2022 9,780,330 11,735,522 21,515,852 2023 1,493,749 6,178,586 7,672,335 2024 10,447,888 — 10,447,888 2025 28,902,297 — 28,902,297 Thereafter 25,694,697 — 25,694,697 Total $ 92,704,649 $ 28,083,356 $ 120,788,005

SHARE-BASED INCENTIVE PLAN (Tab

SHARE-BASED INCENTIVE PLAN (Tables)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
SCHEDULE OF ACTIVITY FOR RESTRICTED STOCK	A summary of the activity for the Company’s restricted stock was as follows: SCHEDULE OF ACTIVITY FOR RESTRICTED STOCK Common Shares Outstanding shares: Balance at December 31, 2020 126,190 Granted 301,714 Forfeited (26,737 ) Vested — Balance at September 30, 2021 401,167	A summary of the activity for the Company’s restricted stock was as follows: SCHEDULE OF ACTIVITY FOR RESTRICTED STOCK Common Shares Outstanding shares: Balance at December 31, 2019 125,943 Granted 91,173 Forfeited (4,599 ) Vested (86,327 ) Balance at December 31, 2020 126,190

SEGMENTS (Tables)

SEGMENTS (Tables)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Segment Reporting [Abstract]
SCHEDULE OF SEGMENT ACTIVITY RESULTS OF OPERATIONS AND FINANCIAL POSITION	The following tables compare the Company’s segment activity to its results of operations and financial position as of and for the three and nine months ended September 30, 2021 and September 30, 2020: SCHEDULE OF SEGMENT ACTIVITY RESULTS OF OPERATIONS AND FINANCIAL POSITION 2021 2020 2021 2020 Three Months Ended September 30, For the Nine Months Ended September 30, 2021 2020 2021 2020 Office/Industrial Properties: Rental, fees and other income $ 2,888,361 $ 4,098,892 $ 10,149,013 $ 13,334,595 Property and related expenses (1,171,387 ) (1,813,950 ) (4,288,142 ) (5,539,320 ) Net operating income, as defined 1,716,974 2,284,942 5,860,871 7,795,275 Model Home Properties: Rental, fees and other income 739,558 1,058,329 2,528,748 3,268,074 Property and related expenses (25,804 ) (58,897 ) (106,304 ) (160,688 ) Net operating income, as defined 713,754 999,432 2,422,444 3,107,386 Retail Properties: Rental, fees and other income 748,312 548,392 2,213,808 2,305,412 Property and related expenses (217,379 ) (277,820 ) (644,862 ) (1,729,171 ) Net operating (loss) income, as defined 530,933 270,572 1,568,946 576,241 Reconciliation to net loss: Total net operating income, as defined, for reportable segments 2,961,661 3,554,946 9,852,261 11,478,902 General and administrative expenses (1,479,261 ) (1,366,380 ) (4,361,297 ) (3,996,696 ) Depreciation and amortization (1,306,874 ) (1,626,917 ) (4,104,018 ) (4,823,673 ) Interest expense (1,030,883 ) (2,143,960 ) (3,822,313 ) (6,971,162 ) Deferred offering costs Gain on extinguishment of government debt — — 10,000 — Other income (expense), net (13,886 ) (12,270 ) (67,329 ) (10,865 ) Income tax expense (182,607 ) (122,602 ) (471,506 ) (257,602 ) Gain (loss) on sale of real estate 627,322 332,715 2,060,336 656,975 Net income (loss) $ (424,528 ) $ (1,384,468 ) $ (903,866 ) $ (3,924,121 )	The following tables reconcile the Company’s segment activity to its results of operations and financial position as of and for the years ended December 31, 2020 and 2019, respectively. SCHEDULE OF SEGMENT ACTIVITY RESULTS OF OPERATIONS AND FINANCIAL POSITION 2020 2019 For the Year Ended December 31, 2020 2019 Office/Industrial Properties: Rental, fees and other income $ 17,580,472 $ 21,490,215 Property and related expenses (7,977,561 ) (9,317,720 ) Net operating income, as defined 9,602,911 12,172,495 Model Home Properties: Rental, fees and other income 4,251,980 4,194,489 Property and related expenses (202,667 ) (193,367 ) Net operating income, as defined 4,049,313 4,001,122 Retail Properties: Rental, fees and other income 2,971,125 2,956,407 Property and related expenses (2,368,906 ) (899,487 ) Net operating income, as defined 602,219 2,056,920 Reconciliation to net loss: Total net operating income, as defined, for reportable segments 14,254,443 18,230,537 General and administrative expenses (5,751,754 ) (5,268,315 ) Depreciation and amortization (6,274,321 ) (7,364,688 ) Interest expense (8,813,067 ) (10,649,646 ) Deferred offering costs (530,639 ) — Other income (expense), net (20,636 ) 117,037 Income tax expense (370,884 ) (611,263 ) Gain on sale of real estate 1,245,460 6,319,272 Net loss $ (6,261,398 ) $ 772,934
SCHEDULE OF ASSETS BY REPORTABLE SEGMENT	SCHEDULE OF ASSETS BY REPORTABLE SEGMENT September 30, December 31, Assets by Reportable Segment: 2021 2020 Office/Industrial Properties: Land, buildings and improvements, net (1) $ 70,110,480 $ 99,120,649 Total assets (2) $ 67,689,503 $ 100,046,782 Model Home Properties: Land, buildings and improvements, net (1) $ 29,954,760 $ 42,509,596 Total assets (2) $ 28,972,715 $ 42,246,022 Retail Properties: Land, buildings and improvements, net (1) $ 25,774,657 $ 24,555,371 Total assets (2) $ 27,471,065 $ 26,108,109 Reconciliation to Total Assets: Total assets for reportable segments $ 124,133,283 $ 168,400,913 Other unallocated assets: Cash, cash equivalents and restricted cash 19,428,488 2,149,088 Other assets, net 18,272,856 15,018,615 Total Assets $ 161,834,627 $ 185,568,616 (1) Includes lease intangibles and the land purchase option related to property acquisitions. (2) Includes land, buildings and improvements, cash, cash equivalents, and restricted cash, current receivables, deferred rent receivables and deferred leasing costs and other related intangible assets, all shown on a net basis.	SCHEDULE OF ASSETS BY REPORTABLE SEGMENT December 31, December 31, Assets by Reportable Segment: 2020 2019 Office/Industrial Properties: Land, buildings and improvements, net (1) $ 99,120,649 $ 126,421,648 Total assets (2) $ 100,046,782 $ 131,180,612 Model Home Properties: Land, buildings and improvements, net (1) $ 42,509,596 $ 48,466,371 Total assets (2) $ 42,246,022 $ 51,389,400 Retail Properties: Land, buildings and improvements, net (1) $ 24,555,371 $ 25,318,601 Total assets (2) $ 26,108,109 $ 26,588,254 Reconciliation to Total Assets: Total assets for reportable segments $ 168,400,913 $ 209,158,266 Other unallocated assets: Cash, cash equivalents and restricted cash 2,149,088 1,591,041 Other assets, net 15,018,615 10,035,101 Total Assets $ 185,568,616 $ 220,784,408 (1) Includes lease intangibles and the land purchase option related to property acquisitions. (2) Includes land, buildings and improvements, current receivables, deferred rent receivables and deferred leasing costs and other related intangible assets, all shown on a net basis.
SCHEDULE OF CAPITAL EXPENDITURES BY REPORTABLE SEGMENT	SCHEDULE OF CAPITAL EXPENDITURES BY REPORTABLE SEGMENT Capital Expenditures by Reportable Segment 2021 2020 For the Nine Months Ended September 30, Capital Expenditures by Reportable Segment 2021 2020 Office/Industrial Properties: Capital expenditures and tenant improvements $ 1,054,202 $ 2,501,075 Model Home Properties: Acquisition of operating properties 2,851,800 8,996,248 Retail Properties: Acquisition of operating properties 4,906,266 Capital expenditures and tenant improvements 67,849 9,077 Totals: Acquisition of operating properties, net 7,758,066 8,996,248 Capital expenditures and tenant improvements 1,122,051 2,510,152 Total real estate investments $ 8,880,117 $ 11,506,400	SCHEDULE OF CAPITAL EXPENDITURES BY REPORTABLE SEGMENT September 30, December 31, For the Year Ended December 31, Capital Expenditures by Reportable Segment 2020 2019 Office/Industrial Properties: Capital expenditures and tenant improvements $ 2,825,168 $ 6,373,464 Model Home Properties: Acquisition of operating properties 10,161,613 13,037,562 Retail Properties: Capital expenditures and tenant improvements 9,205 20,247 Totals: Acquisition of operating properties, net 10,161,613 13,037,562 Capital expenditures and tenant improvements 2,834,373 6,393,711 Total real estate investments $ 12,995,986 $ 19,431,273

Schedule III - Real Estate an_2

Schedule III - Real Estate and Accumulated Depreciation and Amortization (Tables)	12 Months Ended
	Dec. 31, 2020
SCHEDULE OF REAL ESTATE PROPERTY COST, IMPROVEMENTS AND DEPRECIATION
SCHEDULE OF INVESTMENT IN REAL ESTATE AND ACCUMULATED DEPRECIATION	SCHEDULE OF INVESTMENT IN REAL ESTATE AND ACCUMULATED DEPRECIATION For the Year Ended December 31, 2020 2019 Real estate Balance at the beginning of the year $ 244,320,582 $ 254,675,874 Acquisitions 10,161,613 13,037,562 Improvements 2,834,367 6,393,711 Impairments (1,730,851 ) — Dispositions of real estate (46,944,545 ) (29,786,565 ) Balance at the end of the year $ 208,641,166 $ 244,320,582 Accumulated depreciation and amortization Balance at the beginning of the year $ (44,113,962 ) $ (43,567,809 ) Depreciation and amortization expense (5,938,958 ) (6,693,613 ) Dispositions of real estate 7,665,721 6,147,460 Balance at the end of the year $ (42,387,199 ) $ (44,113,962 ) Real estate assets, net $ 166,253,967 $ 200,206,620

ORGANIZATION (Details Narrative

ORGANIZATION (Details Narrative)

Jul. 12, 2021$ / sharesshares

Jun. 17, 2021USD ($)shares

Jun. 15, 2021USD ($)$ / sharesshares

Oct. 06, 2020USD ($)$ / shares

Jul. 29, 2020

Sep. 30, 2021USD ($)Integer$ / shares

Sep. 30, 2020USD ($)

Oct. 06, 2021USD ($)shares

Dec. 31, 2020USD ($)

Dec. 31, 2019USD ($)

Dec. 31, 2016Integer

Aug. 31, 2021$ / sharesshares

Apr. 27, 2021USD ($)

Jul. 12, 2020$ / shares

Jul. 10, 2020$ / shares

Jun. 10, 2020$ / shares

Jan. 23, 2012$ / shares

Real Estate Properties [Line Items]

Number of Limited Liability Companies | Integer

2

4

Number of Limited Partnerships in which Company is Sole General Partner | Integer

6

1

Shares issued, price per share (in dollars per share) | $ / shares

$ 10

Issuance of common stock series A, net of offering costs

$ 8,871,879

$ 205,000,000,000

Equity offering, maximum gross proceeds

$ 200,000,000

Issuance of preferred stock series D, net of offering costs

20,489,803

Long-term debt, maturity, remainder of fiscal year

$ 942,863

Mortgage Notes [Member]

Real Estate Properties [Line Items]

Long-term debt, maturity, remainder of fiscal year

$ 900,000

Pre-funded Warrants [Member]

Real Estate Properties [Line Items]

Class of warrant or right, Number of securities called by warrants or rights (in shares) | shares

1,000,000

Class of warrant or right, exercised during period (in shares) | $ / shares

$ 0.01

$ 0.01

Common Stock Warrants [Member]

Real Estate Properties [Line Items]

Class of warrant or right, Number of securities called by warrants or rights (in shares) | shares

2,000,000

Class of warrant or right, exercised during period (in shares) | $ / shares

$ 5.50

$ 5.50

Warrants and rights outstanding, term (Year)

5 years

Placement Agent Warrants [Member]

Real Estate Properties [Line Items]

Class of warrant or right, Number of securities called by warrants or rights (in shares) | shares

80,000

Class of warrant or right, exercised during period (in shares) | $ / shares

$ 0

$ 6.25

Class of warrant or right, securities called by warrants or rights, percentage of class of stock

4.00%

Warrants and rights outstanding, term (Year)

5 years

Class A Common Stock and Accompanying Common Stock Warrants [Member]

Real Estate Properties [Line Items]

Shares issued, price per share (in dollars per share) | $ / shares

$ 5

$ 5

Class A Common Stock and Accompanying Pre-funded Warrants [Member]

Real Estate Properties [Line Items]

Shares issued, price per share (in dollars per share) | $ / shares

$ 4.99

$ 4.99

Common Class A [Member]

Real Estate Properties [Line Items]

Issuance of stock, net of issuance cost (in shares) | shares

1,000,000

Common Stock Warrants [Member]

Real Estate Properties [Line Items]

Class of warrant or right, Number of securities called by warrants or rights (in shares) | shares

2,000,000

Pre-funded Warrants [Member]

Real Estate Properties [Line Items]

Class of warrant or right, Number of securities called by warrants or rights (in shares) | shares

1,000,000

Series D Preferred Stock [Member]

Real Estate Properties [Line Items]

Issuance of stock, net of issuance cost (in shares) | shares

920,000

800,000

Shares issued, price per share (in dollars per share) | $ / shares

$ 25

Preferred stock, dividend rate, percentage

9.375%

Issuance of preferred stock series D, net of offering costs

$ 20,500,000

$ 18,100,000

IPO [Member]

Real Estate Properties [Line Items]

Issuance of stock, net of issuance cost (in shares) | shares

500,000

Shares issued, price per share (in dollars per share) | $ / shares

$ 5

Issuance of common stock series A, net of offering costs

$ 2,000,000

$ 2,000,000

IPO [Member] | Other Expenses [Member]

Real Estate Properties [Line Items]

Payments of stock issuance costs

500,000

IPO [Member] | Underwriting Discounts [Member]

Real Estate Properties [Line Items]

Payments of stock issuance costs

$ 500,000

Over-Allotment Option [Member] | Series D Preferred Stock [Member]

Real Estate Properties [Line Items]

Issuance of stock, net of issuance cost (in shares) | shares

120,000

Issuance of preferred stock series D, net of offering costs

$ 2,700,000

Option to purchase additional shares, period (Day)

45 days

45 days

Reverse Stock Split [Member]

Real Estate Properties [Line Items]

Stockholders' Equity Note, Stock Split, Conversion Ratio

2

Commercial Property [Member]

Real Estate Properties [Line Items]

Number of Real Estate Properties, Fee Simple | Integer

12

Commercial Property [Member] | Partially Owned Properties [Member]

Real Estate Properties [Line Items]

Number of Real Estate Properties, Fee Simple | Integer

2

Model Home [Member] | Mortgage Notes [Member]

Real Estate Properties [Line Items]

Long-term debt, maturity, remainder of fiscal year

$ 600,000

$ 10,200,000

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	3 Months Ended				9 Months Ended			12 Months Ended
	Sep. 30, 2021USD ($)Integer$ / sharesshares		Mar. 31, 2021USD ($)	Sep. 30, 2020USD ($)$ / sharesshares	Sep. 30, 2021USD ($)Integer$ / shares		Sep. 30, 2020USD ($)$ / shares	Dec. 31, 2020USD ($)$ / shares		Dec. 31, 2019USD ($)$ / shares
Property, Plant and Equipment [Line Items]
Amortization of above and below Market Leases	$ 6,000			$ 26,000	$ 4,000		$ 84,000	$ 100,000		$ 100,000
Amortization of financing costs	68,000			116,000	275,000		369,000	200,000		300,000
Deferred costs, total	1,300,000				1,300,000			1,900,000		2,100,000
Operating lease, iInitial direct cost expense, over term	85,000			106,000	257,000		306,000	400,000		600,000
Cash equivalents, at carrying value, total	27,800,000				27,800,000			11,500,000
Restricted cash, total	$ 3,800,000				$ 3,800,000			4,200,000
Number of real estate properties held for sale | Integer	1				1
Unamortized Deferred Stock Costs	$ 2,000				$ 2,000			109,000
Real estate investment property and lease intangibles, net	125,888,000				125,888,000			166,254,000		200,207,000
Impairment of real estate					300,000		845,674	1,730,851
Antidilutive securities excluded from computation of earnings per share, amount (in shares) | shares	401,167			212,517
Amortization of intangible assets, total								400,000		600,000
Asset impairment charges								$ 0		0
Finite-Lived Intangible Asset, Useful Life								39 years
Depreciation and amortization					4,104,018		4,823,673	$ 6,274,321		7,364,688
Cash, FDIC insured amount								250,000
Escrow deposit								9,800,000
Restricted Cash								4,100,000
Accounts receivables								70,000		21,000
Amortization of Debt Issuance Costs					$ 431,806		$ 992,705	1,287,430		965,239
Deferred Offering Costs								108,660
Noninterest Expense Offering Cost								$ 530,639
Percentage of Distributed Taxable Income to Qualify as REIT								90.00%
Earnings Per Share, Basic and Diluted | $ / shares	$ 0.13			$ 0.20	$ 0.33		$ 0.54	$ 0.85		$ 0.07
Domestic Tax Authority [Member]
Property, Plant and Equipment [Line Items]
Operating Loss Carryforwards, Total								$ 11,000,000
Mortgage Notes [Member]
Property, Plant and Equipment [Line Items]
Debt Issuance Costs, Net								800,000		$ 1,100,000
Amortization of Debt Issuance Costs								400,000		500,000
Notes Payable to Banks [Member] | Polar Multi Strategy Master Fund [Member]
Property, Plant and Equipment [Line Items]
Debt Issuance Costs, Net								200,000
Amortization of Debt Issuance Costs								900,000		400,000
Series D Preferred Stock [Member]
Property, Plant and Equipment [Line Items]
Adjustments to additional paid in capital, stock issued, issuance costs					$ 2,500,000
Class A Common Stock and Related Warrants [Member]
Property, Plant and Equipment [Line Items]
Adjustments to additional paid in capital, stock issued, issuance costs					$ 1,100,000
Series B Preferred Stock [Member]
Property, Plant and Equipment [Line Items]
Unamortized Deferred Stock Costs										100,000
Model Home [Member]
Property, Plant and Equipment [Line Items]
Number of real estate properties held for sale | Integer	3				3
Highland Court [Member]
Property, Plant and Equipment [Line Items]
Real estate investment property and lease intangibles, net		[1],[2]				[1],[2]		10,500,000	[1],[2],[3]	11,421,000	[3]
Impairment of real estate			$ 300,000					1,300,000		$ 400,000
Highland Court [Member] | Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Property, Plant and Equipment [Line Items]
Disposal group, including discontinued operation, consideration								$ 10,200,000
Maximum [Member]
Property, Plant and Equipment [Line Items]
Amortization of value in place leases (Year)					10 years			10 years
Investment in real estate and accumulated depreciation, life used for depreciation (Year)					5 years			5 years
Finite-Lived Intangible Asset, Useful Life								10 years
Maximum [Member] | Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Lessee, operating lease, remaining lease term								5 years
Minimum [Member]
Property, Plant and Equipment [Line Items]
Investment in real estate and accumulated depreciation, life used for depreciation (Year)					1 year			1 year
Finite-Lived Intangible Asset, Useful Life								1 year
Minimum [Member] | Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Lessee, operating lease, remaining lease term								4 years
[1]	A portion of the proceeds from the sale of Highland Court were used in like-kind exchange transactions pursued under Section 1031 of the Internal Revenue for the acquisition of our Mandolin property. Mandolin is owned by NetREIT Palm Self-Storage LP, through its wholly owned subsidiary NetREIT Highland LLC, and the Company is the sole general partner and owns 61.3%
[2]	This property was sold during the nine months ended September 30, 2021.
[3]	Property held for sale as of December 31, 2020.

RECENT REAL ESTATE TRANSACTIO_2

RECENT REAL ESTATE TRANSACTIONS (Details Narrative)	Aug. 17, 2021USD ($)ft²	May 21, 2021USD ($)	May 20, 2021USD ($)	Feb. 19, 2021USD ($)	Jan. 28, 2021USD ($)	Dec. 02, 2020USD ($)	Mar. 13, 2020USD ($)	Mar. 13, 2020USD ($)	Feb. 05, 2020USD ($)	Feb. 05, 2020USD ($)	Jul. 02, 2019USD ($)	May 08, 2019USD ($)	Jan. 15, 2019USD ($)	Jul. 31, 2019USD ($)	Sep. 30, 2021USD ($)Integer	Sep. 30, 2020USD ($)Integer	Dec. 31, 2020USD ($)Integer	Dec. 31, 2019USD ($)Integer
Notes Payable																	$ 7,500,086	$ 12,238,692
NetREIT Palm Self-Storage LP [Member]
Noncontrolling interest, ownership percentage by parent															61.30%
Discontinued Operations, Disposed of by Sale [Member]
Proceeds from Sale of Real Estate															$ 19,000,000	$ 12,600,000	18,100,000	14,600,000
Gain (Loss) on Sale of Properties															$ 2,900,000	$ 900,000	$ 1,600,000	$ 1,200,000
Number of Real Estate Properties | Integer															39	33	46	41
Waterman Plaza [Member] | Discontinued Operations, Disposed of by Sale [Member]
Proceeds from Sale of Real Estate					$ 3,500,000
Gain (Loss) on Sale of Properties					$ 200,000
Garden Gateway [Member] | Discontinued Operations, Disposed of by Sale [Member]
Proceeds from Sale of Real Estate				$ 11,200,000
Gain (Loss) on Sale of Properties				$ 1,400,000
Highland Court [Member] | Discontinued Operations, Disposed of by Sale [Member]
Proceeds from Sale of Real Estate			$ 10,200,000
Gain (Loss) on Sale of Properties			$ 1,600,000
Executive Office Park [Member] | Discontinued Operations, Disposed of by Sale [Member]
Proceeds from Sale of Real Estate		$ 8,100,000				$ 2,300,000
Gain (Loss) on Sale of Properties		$ 2,500,000				$ 78,000
Mandolin [Member]
Area of real estate property (square foot) | ft²	10,500
Payments to acquire buildings	$ 4,900,000
Property under triple net lease, percent occupied	100.00%
Property under triple net lease, term (Year)	15 years
Model Home [Member]
Real Estate Property, Consideration Transferred															$ 2,900,000	$ 9,000,000	$ 10,200,000	$ 13,000,000
Payments to Acquire Residential Real Estate															900,000	$ 2,700,000	$ 3,100,000	$ 3,900,000
Number of Real Estate Properties | Integer																25	28	33
Model Home [Member] | Mortgage Notes [Member]
Notes Payable															$ 2,000,000	$ 6,300,000	$ 7,100,000	$ 9,100,000
Centennial Tech Center [Member] | Discontinued Operations, Disposed of by Sale [Member]
Proceeds from Sale of Real Estate										$ 15,000,000
Gain (Loss) on Sale of Properties									$ 900,000	$ 900,000
Union Terrace [Member] | Discontinued Operations, Disposed of by Sale [Member]
Proceeds from Sale of Real Estate							$ 11,300,000	$ 11,300,000
Gain (Loss) on Sale of Properties							$ 700,000	$ 690,000
Morena Office Center [Member] | Discontinued Operations, Disposed of by Sale [Member]
Proceeds from Sale of Real Estate													$ 5,600,000
Gain (Loss) on Sale of Properties													$ 700,000
Nightingale Land [Member] | Discontinued Operations, Disposed of by Sale [Member]
Proceeds from Sale of Real Estate												$ 900,000
Gain (Loss) on Sale of Properties												$ 93,000
Genesis Plaza [Member] | Discontinued Operations, Disposed of by Sale [Member]
Proceeds from Sale of Real Estate											$ 2,900,000
Sale of Percentage Interest in Real Estate Property											43.00%
Sale of Real Estate Property											$ 5,600,000
The Presidio [Member] | Discontinued Operations, Disposed of by Sale [Member]
Proceeds from Sale of Real Estate														$ 12,300,000
Gain (Loss) on Sale of Properties														$ 4,500,000

SCHEDULE OF REAL ESTATE PROPERT

SCHEDULE OF REAL ESTATE PROPERTIES (Details) - USD ($) $ in Thousands		9 Months Ended		12 Months Ended
		Sep. 30, 2021		Dec. 31, 2020		Dec. 31, 2019
Real estate assets owned		$ 125,888		$ 166,254		$ 200,207
Garden Gateway Plaza [Member]
Geographic location		Colorado Springs, Colorado	[1]	Colorado Springs, Colorado	[2]
Real estate assets owned			[1]	$ 11,465	[1],[2]	11,428	[2]
World Plaza [Member]
Geographic location		San Bernardino, California	[3]	San Bernardino, California	[2]
Real estate assets owned		$ 9,272	[3]	$ 9,272	[2],[3]	8,305	[2]
Executive Office Park [Member]
Geographic location		Colorado Springs, Colorado	[1]	Colorado Springs, Colorado
Real estate assets owned			[1]	$ 5,106	[1]	7,723
Waterman Plaza [Member]
Geographic location		San Bernardino, California	[1]	San Bernardino, California	[2]
Real estate assets owned			[1]	$ 3,500	[1],[2]	4,889	[2]
Genesis Plaza [Member]
Geographic location		San Diego, California		San Diego, California
Real estate assets owned		$ 8,412	[4]	$ 8,651	[4]	8,789
Dakota Center [Member]
Geographic location		Fargo, North Dakota		Fargo, North Dakota
Real estate assets owned		$ 8,694		$ 8,597		8,855
Grand Pacific Center [Member]
Geographic location		Bismarck, North Dakota		Bismarck, North Dakota
Real estate assets owned		$ 5,525		$ 5,684		5,914
Arapahoe Center [Member]
Geographic location		Centennial, Colorado		Centennial, Colorado
Real estate assets owned		$ 8,901		$ 9,233		9,748
Union Town Center [Member]
Geographic location		Colorado Springs, Colorado		Colorado Springs, Colorado
Real estate assets owned		$ 9,212		$ 9,345		9,612
West Fargo Industrial [Member]
Geographic location		Fargo, North Dakota		Fargo, North Dakota
Real estate assets owned		$ 6,996		$ 7,061		7,212
The 300 N.P [Member]
Geographic location		Fargo, North Dakota		Fargo, North Dakota
Real estate assets owned		$ 3,218		$ 3,280		3,405
Research Parkway [Member]
Geographic location		Colorado Springs, Colorado		Colorado Springs, Colorado
Real estate assets owned		$ 2,392		$ 2,438		2,512
One Park Centre [Member]
Geographic location		Westminster, Colorado		Westminster, Colorado
Real estate assets owned		$ 8,072		$ 8,586		8,518
Highland Court [Member]
Geographic location		Centennial, Colorado	[1],[5]	Centennial, Colorado	[2]
Real estate assets owned			[1],[5]	$ 10,500	[1],[2],[5]	11,421	[2]
Shea Center II [Member]
Geographic location		Highlands Ranch, Colorado		Highlands Ranch, Colorado
Real estate assets owned		$ 20,340		$ 21,026		21,853
Mandolin [Member]
Geographic location	[5]	Houston, Texas
Real estate assets owned	[5]	$ 4,899
Presidio Property Trust, Inc. Properties [Member]
Real estate assets owned		$ 95,933		$ 123,744		151,741
Model Home Properties [Member]
Geographic location		TX, FL, IL, WI	[6]	AZ, FL, IL, PA, TX, WI	[7]
Real estate assets owned		$ 29,955	[6]	$ 42,510	[6],[7]	48,466	[7]
Union Terrace [Member]
Geographic location	[8]			Lakewood, CO
Real estate assets owned	[8]					8,425
Centennial Tech Center [Member]
Geographic location	[8]			Colorado Springs, Colorado
Real estate assets owned	[8]					$ 13,132
[1]	This property was sold during the nine months ended September 30, 2021.
[2]	Property held for sale as of December 31, 2020.
[3]	This property is held for sale as of September 30, 2021.
[4]	Genesis Plaza is owned by two tenants-in-common, each of which owns 57% 43% 76.4%
[5]	A portion of the proceeds from the sale of Highland Court were used in like-kind exchange transactions pursued under Section 1031 of the Internal Revenue for the acquisition of our Mandolin property. Mandolin is owned by NetREIT Palm Self-Storage LP, through its wholly owned subsidiary NetREIT Highland LLC, and the Company is the sole general partner and owns 61.3%
[6]	Includes three Model Homes listed as held for sale as of September 30, 2021.
[7]	Includes seven Model Homes that are listed as held for sale as of December 31, 2020.
[8]	This property was sold during the year ended December 31, 2020.

SCHEDULE OF REAL ESTATE PROPE_2

SCHEDULE OF REAL ESTATE PROPERTIES (Details) (Parenthetical)	Sep. 30, 2021
NetREIT Palm Self-Storage LP [Member]
Noncontrolling interest, ownership percentage by parent	61.30%
Genesis Plaza [Member]
Percentage beneficial ownership in property	76.40%
Genesis Plaza [Member] | Tenant-in-common One [Member]
Percentage ownership in property	57.00%
Genesis Plaza [Member] | Tenant-in-common Two [Member]
Percentage ownership in property	43.00%

REAL ESTATE ASSETS (Details Nar

REAL ESTATE ASSETS (Details Narrative)	9 Months Ended	12 Months Ended
	Sep. 30, 2021ft²Integer	Dec. 31, 2016Integer	Dec. 31, 2020ft²Integer
Number of states real estate property is located	4
Number of limited partnerships in which company is sole general partner	6	1
Number of limited liability companies	2	4
Office Industrial Properties [Member]
Area of Real Estate Property (Square Foot) | ft²	724,000		982,796
Retail Properties [Member]
Number of Real Estate Properties	4
Area of Real Estate Property (Square Foot) | ft²	121,000		131,722
Model Home [Member]
Number of Real Estate Properties	85		118
Area of Real Estate Property (Square Foot) | ft²	276,000
Number of limited liability companies	1
Model Home Properties [Member]
Number of limited partnerships in which company is sole general partner	6
Office Buildings [Member] | Office Industrial Properties [Member]
Number of Real Estate Properties	7
Industrial Buildings [Member] | Office Industrial Properties [Member]
Number of Real Estate Properties	1
COLORADO
Number of Real Estate Properties	5
NORTH DAKOTA
Number of Real Estate Properties	4
SUDAN
Number of Real Estate Properties	2
TEXAS
Number of Real Estate Properties	1

SCHEDULE OF FINITE-LIVED INTANG

SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Lease intangibles, gross	$ 4,110,139	$ 5,200,728	$ 7,631,488
Accumulated Amortization	(3,800,102)	(4,559,510)	(5,526,477)
Lease Intangibles, net	310,037	641,218	2,105,011
Leases, Acquired-in-Place [Member]
Finite-Lived Intangible Assets [Line Items]
Lease intangibles, gross	2,515,264	3,136,587	4,360,027
Accumulated Amortization	(2,320,045)	(2,757,530)	(3,283,027)
Lease Intangibles, net	195,219	379,057	1,077,000
Leasing Costs [Member]
Finite-Lived Intangible Assets [Line Items]
Lease intangibles, gross	1,261,390	1,730,656	2,937,976
Accumulated Amortization	(1,146,572)	(1,510,559)	(2,002,711)
Lease Intangibles, net	114,818	220,097	935,265
Above Market Lease [Member]
Finite-Lived Intangible Assets [Line Items]
Lease intangibles, gross	333,485	333,485	333,485
Accumulated Amortization	(333,485)	(291,421)	(240,739)
Lease Intangibles, net		$ 42,064	$ 92,746

SCHEDULE OF FINITE-LIVED INTA_2

SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Year 1	$ 52,866
Year 1	202,342	$ 372,484
Year 2	17,526	202,479
Year 3	17,526	17,663
Year 4	15,670	17,663
Year 6	4,107
Total	$ 310,037	641,218	$ 2,105,011
Year 5		17,663
Year 6		$ 13,266

LEASE INTANGIBLES (Details Narr

LEASE INTANGIBLES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2020	Sep. 30, 2021	Dec. 31, 2019
Finite-lived intangible assets, gross	$ 5,200,728	$ 4,110,139	$ 7,631,488
Finite-lived intangible assets accumulated amortization	(4,559,510)	(3,800,102)	(5,526,477)
Finite-lived intangible assets accumulated amortization	$ 139,045	86,852	309,932
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	1 year 7 months 6 days
Real Estate Assets Held for Sale [Member]
Finite-lived intangible assets, gross	$ 1,100,000	0	3,400,000
Finite-lived intangible assets accumulated amortization	$ 1,100,000	$ 0	$ 2,400,000

SCHEDULE OF OTHER ASSETS (Detai

SCHEDULE OF OTHER ASSETS (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Deferred rent receivable		$ 1,912,048	$ 2,680,886
Prepaid expenses, deposits and other		299,187	601,897
Investment in marketable securities	$ 1,600,000	83,000
Accounts receivable, net		541,885	1,336,122
Right-of-use assets, net		102,144	561,375
Other intangibles, net		142,483	212,932
Notes receivable		316,374	316,374
Deferred offering costs		108,660
Total other assets	4,449,538	3,422,781	$ 5,709,586
Other Assets [Member]
Deferred rent receivable	1,644,276	1,912,048
Prepaid expenses, deposits and other	273,585	215,946
Investment in marketable securities	1,670,693	83,241
Accounts receivable, net	363,104	541,885
Right-of-use assets, net	81,637	102,144
Other intangibles, net	97,483	142,483
Notes receivable	316,374	316,374
Deferred offering costs	2,386	108,660
Total other assets	$ 4,449,538	$ 3,422,781

OTHER ASSETS (Details Narrative

OTHER ASSETS (Details Narrative)	Sep. 30, 2021USD ($)Integer	Dec. 31, 2020USD ($)
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Number of publicly traded shares and options are owned	17
Number of publicly traded options are owned	6
Marketable Securities, Total | $	$ 1,600,000	$ 83,000
Number of publicly traded shares and options are owned	2

SCHEDULE OF DEBT (Details)

SCHEDULE OF DEBT (Details) - USD ($)		Sep. 01, 2020	Sep. 30, 2021		Dec. 31, 2020		Dec. 31, 2019
Debt Instrument [Line Items]
Maturity date		Oct. 1, 2020
Mortgage notes payable, net			$ 86,255,680		$ 120,029,696		$ 142,392,992
Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable			86,929,031		120,788,005		143,459,049
Unamortized loan costs			(673,351)		(758,309)		(1,066,057)
Mortgage notes payable, net					120,029,696		142,392,992
Waterman Plaza [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable				[1]	$ 3,207,952	[1],[2],[3]	3,274,097	[2],[3]
Interest rate, variable				[1]	4.25%	[2],[3]
Maturity date	[2],[3]				Apr. 29, 2021
World Plaza [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable				[4],[5]	$ 5,802,568	[3],[4],[5],[6]	4,979,384	[3],[6]
Interest rate, variable			2.91%	[4],[5]	2.91%	[3],[6]
Maturity date			Jul. 5, 2021	[4],[5]	Jul. 5, 2021	[3],[6]
Garden Gateway Plaza [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable				[1]	$ 5,861,523	[1],[3]	6,071,315	[3]
Maturity date			Aug. 5, 2021	[1]	Aug. 5, 2021	[3]
Debt Instrument, Interest Rate, Stated Percentage			5.00%	[1]	5.00%	[3]
The 300 N.P [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable			$ 2,243,328		$ 2,273,478		2,311,739
Maturity date			Jun. 11, 2022		Jun. 11, 2022
Debt Instrument, Interest Rate, Stated Percentage			4.95%		4.95%
Highland Court [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable				[1]	$ 6,274,815	[1],[3]	6,424,366	[3]
Maturity date			Sep. 1, 2022	[1]	Sep. 1, 2022	[3]
Debt Instrument, Interest Rate, Stated Percentage			3.82%	[1]	3.82%	[3]
Dakota Center [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable			$ 9,734,220		$ 9,900,279		10,111,693
Maturity date			Jul. 6, 2024		Jul. 6, 2024	[7]
Debt Instrument, Interest Rate, Stated Percentage			4.74%		4.74%	[7]
Research Parkway [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable			$ 1,719,390		$ 1,760,432		1,813,305
Maturity date			Jan. 5, 2025		Jan. 5, 2025
Debt Instrument, Interest Rate, Stated Percentage			3.94%		3.94%
Arapahoe Center [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable			$ 7,812,125		$ 7,932,255		8,085,727
Maturity date			Jan. 5, 2025		Jan. 5, 2025
Debt Instrument, Interest Rate, Stated Percentage			4.34%		4.34%
Union Town Center [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable			$ 8,197,495		$ 8,315,550		8,440,000
Maturity date			Jan. 5, 2025		Jan. 5, 2025
Debt Instrument, Interest Rate, Stated Percentage			4.28%		4.28%
One Park Centre [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable			$ 6,304,625		$ 6,385,166		6,487,532
Maturity date			Sep. 5, 2025		Sep. 5, 2025
Debt Instrument, Interest Rate, Stated Percentage			4.77%		4.77%
Genesis Plaza [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable			$ 6,196,202		$ 6,276,273		6,378,110
Maturity date			Sep. 6, 2025		Sep. 6, 2025
Debt Instrument, Interest Rate, Stated Percentage			4.71%		4.71%
Shea Center II [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable			$ 17,559,316		$ 17,727,500		17,727,500
Maturity date			Jan. 5, 2026		Jan. 5, 2026
Debt Instrument, Interest Rate, Stated Percentage			4.92%		4.92%
Executive Office Park [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable				[1]	$ 2,985,998	[1],[7]	4,839,577	[7]
Maturity date			Jun. 1, 2027	[1]	Jun. 1, 2027	[7]
Debt Instrument, Interest Rate, Stated Percentage			4.83%	[1]	4.83%	[7]
West Fargo Industrial [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable			$ 4,177,334		$ 4,262,718		4,216,565
Maturity date			Aug. 5, 2029		Aug. 5, 2029
Debt Instrument, Interest Rate, Stated Percentage			3.27%		3.27%
Grand Pacific Center [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable			$ 3,649,729	[8]	$ 3,738,142	[6],[8]	3,851,962	[6]
Maturity date			Aug. 1, 2037	[8]	Aug. 1, 2037	[6]
Debt Instrument, Interest Rate, Stated Percentage			4.02%	[8]	4.02%	[6]
Subtotal, Presidio Property Trust, Inc. Properties [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable			$ 67,593,764		$ 92,704,649		110,814,920
Model Home [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable			$ 19,335,267	[5]	28,083,356	[3],[5]	32,644,129	[3]
Model Home [Member] | Mortgage Notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			2.50%
Model Home [Member] | Mortgage Notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			5.63%
Union Terrace [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable	[7]						6,240,396
Maturity date					Aug. 5, 2024
Debt Instrument, Interest Rate, Stated Percentage	[7]				4.50%
Centennial Tech Center [Member] | Mortgage Notes [Member]
Debt Instrument [Line Items]
Mortgage notes payable							$ 9,561,652
Maturity date					Dec. 5, 2024
Debt Instrument, Interest Rate, Stated Percentage	[7]				4.43%
[1]	Waterman Plaza and Garden Gateway Plaza were sold during the first quarter of 2021, while Highland Court and Executive Office Park were sold in the second quarter of 2021.
[2]	Interest on this loan resets annually at LIBOR plus 3.00%, with a floor of 4.25%
[3]	Properties held for sale as of December 31, 2020. Seven model homes were included as held for sale.
[4]	During June 2021, this loan was paid in full with cash from the sale of other properties and excess cash on hand.
[5]	Property held for sale as of September 30, 2021. There were three model homes included as real estate assets held for sale.
[6]	Interest on this loan is ABR + 0.75% and LIBOR plus 2.75%. For the year-ended December 31, 2020, the weighted average interest rate was 3.37%.
[7]	Property sold during the year ended December 31, 2020, see Footnote 3 above for further detail. One of four buildings at Executive Office Park were sold.
[8]	Interest rate is subject to reset on September 1, 2023.

SCHEDULE OF PRINCIPAL PAYMENTS

SCHEDULE OF PRINCIPAL PAYMENTS OF MORTGAGE NOTES PAYABLE (Details) - USD ($)	Dec. 31, 2020	Sep. 30, 2020
Short-term Debt [Line Items]
Year 1		$ 942,863
2021	$ 26,554,936	12,348,813
2022	21,515,852	5,651,859
2023	7,672,335	16,089,766
2024	10,447,888	28,770,832
Thereafter		23,124,898
Total	120,788,005	86,929,031
2025	28,902,297
Thereafter	25,694,697
Officeindustrial And Retail Notes Payable [Member]
Short-term Debt [Line Items]
Year 1		336,488
2021	16,385,688	3,581,868
2022	9,780,330	1,410,835
2023	1,493,749	10,368,843
2024	10,447,888	28,770,832
Thereafter		23,124,898
Total	92,704,649	67,593,764
2025	28,902,297
Thereafter	25,694,697
Model Home Properies Notes Payable [Member]
Short-term Debt [Line Items]
Year 1		606,375
2021	10,169,248	8,766,945
2022	11,735,522	4,241,024
2023	6,178,586	5,720,923
2024
Thereafter
Total	28,083,356	$ 19,335,267
2025
Thereafter

NOTES PAYABLE (Details Narrativ

NOTES PAYABLE (Details Narrative) - USD ($)	Jun. 01, 2021	Aug. 17, 2020	Apr. 30, 2020	Apr. 22, 2020	Jan. 31, 2021	May 31, 2021	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Sep. 17, 2021	Sep. 03, 2021	Aug. 17, 2021	Apr. 01, 2021	Sep. 17, 2020	Sep. 01, 2020	Sep. 17, 2019
Short-term Debt [Line Items]
Gain (Loss) on Extinguishment of Debt, Total										$ 10,000		$ 451,785
Interest Expense, Debt, Total									$ 704,189	279,373	2,365,987	2,715,233	1,086,122
Amortization of Debt Issuance Costs										431,806	992,705	1,287,430	965,239
Payments of Extension Costs on Note Payable											$ 351,025	351,025
Majority Owned Subsidiary NetREIT Highland [Member] | Promissory Note for the Acquisition of the Mandolin Property in Houston, Texas [Member]
Short-term Debt [Line Items]
Debt Instrument, Face Amount																$ 1,560,000
Debt Instrument, Interest Rate, Stated Percentage																4.00%
Economic Injury Disaster Loan [Member]
Short-term Debt [Line Items]
Proceeds from Issuance of Unsecured Debt		$ 150,000		$ 10,000
Gain (Loss) on Extinguishment of Debt, Total								$ 10,000
Economic Injury Disaster Loan [Member] | Subsequent Event [Member]
Short-term Debt [Line Items]
Debt Instrument, Decrease, Forgiveness					$ 10,000
Economic Injury Disaster Loan [Member] | Accounts Payable and Accrued Liabilities [Member]
Short-term Debt [Line Items]
Unsecured Debt, Total				$ 10,000								10,000
SBA CARES Act Paycheck Protection Program [Member]
Short-term Debt [Line Items]
Proceeds from Issuance of Unsecured Debt			$ 500,000
Notes Payable to Banks [Member] | Polar Multi Strategy Master Fund [Member]
Short-term Debt [Line Items]
Debt Instrument, Face Amount														$ 14,000,000
Debt Instrument, Interest Rate, Stated Percentage																		8.00%
Long-term Debt, Total												7,700,000							$ 8,800,000
Amortization of Debt Issuance Costs												900,000	$ 400,000
Notes Payable to Banks [Member] | Polar Multi Strategy Master Fund [Member] | Subsequent Event [Member]
Short-term Debt [Line Items]
Long-term Debt, Total												7,700,000
Unsecured Debt [Member] | LGD Investments Ltd [Member]
Short-term Debt [Line Items]
Debt Assumed from Related Party	$ 330,000
Unsecured Debt [Member] | LGD Investments Ltd [Member] | Dubose Model Homes Investors #203, PL [Member]
Short-term Debt [Line Items]
Debt Instrument, Face Amount																	$ 330,000
Debt Instrument, Interest Rate, Stated Percentage																	4.00%
Interest Expense, Debt, Total						$ 2,200
Promissory Notes for the Refinancing of Four Model Home Properties in Texas and Wisconsin [Member] | Majority Owned Subsidiary Dubose Model Home Investors 202 LP and 204 LP [Member]
Short-term Debt [Line Items]
Debt Instrument, Face Amount															$ 900,000
Debt Instrument, Interest Rate, Stated Percentage															3.00%
Polar Multi Strategy Master Fund [Member] | Notes Payable to Banks [Member]
Short-term Debt [Line Items]
Debt Instrument, Face Amount																				$ 14,000,000
Debt Instrument, Interest Rate, Stated Percentage																				8.00%
Long-term Debt, Total																			$ 8,800,000
Debt Instrument, Renewal Fee Percentage									4.00%		4.00%									(4.00%)
Repayments of Notes Payable, Including Interest												6,300,000
Debt Instrument, Unamortized Discount, Total							$ 0			$ 0		0								$ 1,400,000
Debt Issuance Costs, Gross																				$ 1,100,000
Debt Instrument, Renewal Fee Percentage									(4.00%)		(4.00%)									4.00%
Accretion Expense												1,000,000
Payments of Extension Costs on Note Payable												400,000
Amortization of Extension Costs on Notes Payable												$ 200,000
Debt Instrument, Covenant, Debt to Property Fair Value Ratio																				75.00%

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative)	Jul. 12, 2021$ / sharesshares	Jun. 24, 2021$ / shares	Jun. 17, 2021USD ($)shares	Jun. 15, 2021USD ($)$ / sharesshares	Jan. 23, 2012USD ($)$ / sharesshares	Sep. 30, 2021USD ($)Integer$ / sharesshares	Sep. 30, 2021USD ($)Integer$ / sharesshares	Jun. 30, 2021shares	Sep. 30, 2021USD ($)Integer$ / sharesshares	Sep. 30, 2021USD ($)Integer$ / sharesshares	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)Integer$ / sharesshares	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2016Integer	Sep. 30, 2021USD ($)Integer$ / sharesshares	Sep. 17, 2021USD ($)	Aug. 31, 2021$ / sharesshares	Jul. 12, 2020$ / shares	Jul. 10, 2020$ / shares	Jun. 10, 2020$ / shares
Class of Stock [Line Items]
Preferred stock, shares authorized (in shares)						1,000,000	1,000,000		1,000,000	1,000,000		1,000,000			1,000,000
Shares issued, price per share (in dollars per share) | $ / shares					$ 10
Proceeds from issuance of preferred stock and preference stock | $										$ 20,489,803
Maximum individual common stock ownership, percentage						9.80%	9.80%		9.80%	9.80%		9.80%			9.80%
Payments of dividends, total | $											$ 0	$ 1,000,000	$ 2,200,000
Common stock, dividends, per share, cash paid (in dollars per share) | $ / shares												$ 0.10	$ 0.12
Number of limited liability companies | Integer														5
Number of limited partnerships in which company is sole general partner | Integer										6				1
Registered shares of common stock pursuant to dividend reinvestment plan (in shares)					3,000,000
Common stock, percentage of purchase price per share					95.00%
Shares issued, price per share (in dollars per share) | $ / shares					$ 19
Payment of sales, commission or dealer manager fee | $					$ 0
Notice period for amendments to dividend reinvestment plan (day)					30 days
Stock issued during period, value, dividend reinvestment plan | $									$ 0			$ 17,400,000			$ 17,400,000
Stock issued during period, shares, dividend reinvestment plan (in shares)												1,834,147			917,074
Dividends, common stock, cash | $												$ 1,000,000	$ 1,100,000
Number of limited liability companies | Integer						2	2		2	2				4	2
Number of put options exercised (in shares)												2
Commercial Property [Member]
Class of Stock [Line Items]
Number of real estate properties | Integer						12	12		12	12					12
Commercial Property [Member] | Partially Owned Properties [Member]
Class of Stock [Line Items]
Number of real estate properties | Integer						2	2		2	2		2			2
Commercial Property [Member] | Wholly Owned Properties [Member]
Class of Stock [Line Items]
Number of real estate properties | Integer												15
Dividend One [Member]
Class of Stock [Line Items]
Payments of dividends, total | $										$ 1,000,000
Common stock, dividends, per share, cash paid (in dollars per share) | $ / shares										$ 0.101
Dividend Two [Member]
Class of Stock [Line Items]
Payments of dividends, total | $										$ 1,000,000
Common stock, dividends, per share, cash paid (in dollars per share) | $ / shares										$ 0.102
Dividend Three [Member]
Class of Stock [Line Items]
Payments of dividends, total | $										$ 1,200,000
Common stock, dividends, per share, cash paid (in dollars per share) | $ / shares										$ 0.103
Class A Common Stock and Accompanying Common Stock Warrants [Member]
Class of Stock [Line Items]
Shares issued, price per share (in dollars per share) | $ / shares	$ 5																		$ 5
Class A Common Stock and Accompanying Pre-funded Warrants [Member]
Class of Stock [Line Items]
Shares issued, price per share (in dollars per share) | $ / shares	$ 4.99																			$ 4.99
Common Stock [Member]
Class of Stock [Line Items]
Stock issued during period, shares, new issues (in shares)												59,274
Noncontrolling Interest [Member]
Class of Stock [Line Items]
Minority interest, decrease from issuance of stock for limited partnership interests | $												$ 1,200,000
Common Stock Warrants [Member]
Class of Stock [Line Items]
Class of warrant or right, number of securities called by warrants or rights (in shares)	2,000,000
Class of warrant or right, exercise price of warrants or rights (in dollars per share) | $ / shares	$ 5.50																	$ 5.50
Warrants and rights outstanding, term (year)	5 years
Pre-funded Warrants [Member]
Class of Stock [Line Items]
Class of warrant or right, number of securities called by warrants or rights (in shares)	1,000,000
Class of warrant or right, exercise price of warrants or rights (in dollars per share) | $ / shares	$ 0.01																	$ 0.01
Placement Agent Warrants [Member]
Class of Stock [Line Items]
Class of warrant or right, number of securities called by warrants or rights (in shares)																	80,000
Class of warrant or right, exercise price of warrants or rights (in dollars per share) | $ / shares						$ 0	$ 0		$ 0	$ 0					$ 0		$ 6.25
Warrants and rights outstanding, term (year)																	5 years
Class of warrant or right, securities called by warrants or rights, percentage of class of stock																	4.00%
Common Stock Warrants and Placement Agent Warrants [Member]
Class of Stock [Line Items]
Class of warrant or right, exercised during period (in shares)						0
Series D Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized (in shares)						1,000,000	1,000,000		1,000,000	1,000,000		1,000,000			1,000,000
Stock issued during period, shares, new issues (in shares)			920,000	800,000
Shares issued, price per share (in dollars per share) | $ / shares				$ 25
Proceeds from issuance of preferred stock and preference stock | $			$ 20,500,000	$ 18,100,000
Preferred stock, dividend rate, percentage				9.375%
Preferred stock, liquidation preference per share (in dollars per share) | $ / shares						$ 25	$ 25		$ 25	$ 25		$ 25			$ 25
Preferred stock, dividend rate, per-dollar-amount (in dollars per share) | $ / shares										$ 2.34375
Preferred stock, number of board of directors entitled to vote if dividends not paid for 18 monthly dividend periods | Integer						2	2		2	2					2
Preferred stock, percentage of outstanding shares required to authorize senior ranking stock						66.67%	66.67%		66.67%	66.67%					66.67%
Preferred stock, redemption price per share (in dollars per share) | $ / shares						$ 25	$ 25		$ 25	$ 25					$ 25
Preferred stock, dividends per share, declared (in dollars per share) | $ / shares		$ 0.10417
Dividends, preferred stock, cash | $							$ 45,520,700,000
Preferred stock, shares issued, total (in shares)						920,000	920,000		920,000	920,000		0			920,000
Series D Preferred Stock [Member] | Over-Allotment Option [Member]
Class of Stock [Line Items]
Stock issued during period, shares, new issues (in shares)			120,000
Proceeds from issuance of preferred stock and preference stock | $			$ 2,700,000
Option to purchase additional shares, period (day)			45 days	45 days
Common Class A [Member]
Class of Stock [Line Items]
Stock issued during period, shares, new issues (in shares)	1,000,000
Common stock, shares authorized (in shares)						100,000,000	100,000,000		100,000,000	100,000,000		100,000,000			100,000,000
Common stock, par or stated value per share (in dollars per share) | $ / shares						$ 0.01	$ 0.01		$ 0.01	$ 0.01		$ 0.01			$ 0.01
Stock repurchase program, authorized amount | $																$ 10,000,000
Stock repurchased during period, shares (in shares)						18,133
Stock repurchased, average cost per share (in dollars per share) | $ / shares						$ 3.73692
Stock repurchased, commission per share (in dollars per share) | $ / shares						$ 0.035
Stock repurchased during period, value | $						$ 6,839,600,000
Common Class B [Member]
Class of Stock [Line Items]
Common stock, shares authorized (in shares)						1,000	1,000		1,000	1,000		1,000			1,000
Common stock, shares, issued, total (in shares)						0	0		0	0		0			0
Common Class C [Member]
Class of Stock [Line Items]
Common stock, shares authorized (in shares)						9,000,000	9,000,000		9,000,000	9,000,000		9,000,000			9,000,000
Common stock, shares, issued, total (in shares)												0
Common stock, number of entitled votes | Integer						1	1		1	1		1			1
Redeemable Convertible Preferred Stock Series B [Member]
Class of Stock [Line Items]
Preferred stock, shares issued, total (in shares)												0	0

SCHEDULE OF ACTIVITY FOR RESTRI

SCHEDULE OF ACTIVITY FOR RESTRICTED STOCK (Details) - Common Stock [Member] - shares	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Balance at December 31, 2019	126,190	125,943
Granted	301,714	91,173
Forfeited	(26,737)	(4,599)
Vested		(86,327)
Balance at December 31, 2020	401,167	126,190

SHARE-BASED INCENTIVE PLAN (Det

SHARE-BASED INCENTIVE PLAN (Details Narrative) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended			9 Months Ended		12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Jan. 23, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Offering price per share								$ 10
Share-based compensation expense	$ 0.3	$ 1.1	$ 0.2	$ 0.9	$ 0.5		$ 0.8
Restricted Stock [Member] | Private Placement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Offering price per share	$ 20	$ 20		$ 20		$ 20
Nonvested Resctricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested restricted stock granted amount				$ 2.3		$ 0.9	$ 1.7
Minimum [Member] | Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				3 years		3 years
Minimum [Member] | Nonvested Resctricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				1 year		1 year
Maximum [Member] | Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				10 years		10 years
Maximum [Member] | Nonvested Resctricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				7 years		7 years

SCHEDULE OF SEGMENT ACTIVITY RE

SCHEDULE OF SEGMENT ACTIVITY RESULTS OF OPERATIONS AND FINANCIAL POSITION (Details) - USD ($)	3 Months Ended						9 Months Ended		12 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
General and administrative expenses	$ (1,479,261)			$ (1,366,380)			$ (4,361,297)	$ (3,996,696)	$ (5,751,754)	$ (5,268,315)
Depreciation and amortization							(4,104,018)	(4,823,673)	(6,274,321)	(7,364,688)
Deferred offering costs									(530,639)
Gain on extinguishment of government debt							10,000		451,785
Other income (expense), net									(20,636)	141,306
Income tax expense	(182,607)			(122,602)			(471,506)	(257,602)	370,884	611,263
Gain on sale of real estate							2,060,336	656,975	1,245,460	6,319,272
Net loss	(424,528)	$ 1,775,736	$ (2,255,074)	(1,384,468)	$ (1,607,534)	$ (932,119)	(903,866)	(3,924,121)	(6,261,398)	772,934
Revenue Benchmark [Member]
Segment Reporting Information [Line Items]
General and administrative expenses	(1,479,261)			(1,366,380)			(4,361,297)	(3,996,696)	(5,751,754)	(5,268,315)
Depreciation and amortization	(1,306,874)			(1,626,917)			(4,104,018)	(4,823,673)	(6,274,321)	(7,364,688)
Interest expense	(1,030,883)			(2,143,960)			(3,822,313)	(6,971,162)	(8,813,067)	(10,649,646)
Deferred offering costs									(530,639)
Gain on extinguishment of government debt							10,000
Other income (expense), net	(13,886)			(12,270)			(67,329)	(10,865)	(20,636)	117,037
Income tax expense	(182,607)			(122,602)			(471,506)	(257,602)	370,884	611,263
Gain on sale of real estate	627,322			332,715			2,060,336	656,975	1,245,460	6,319,272
Net loss	(424,528)			(1,384,468)			(903,866)	(3,924,121)	(6,261,398)	772,934
Revenue Benchmark [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total net operating income, as defined, for reportable segments	2,961,661			3,554,946			9,852,261	11,478,902	14,254,443	18,230,537
Revenue Benchmark [Member] | Operating Segments [Member] | Office or Industrial Properties [Member]
Segment Reporting Information [Line Items]
Rental, fees and other income	2,888,361			4,098,892			10,149,013	13,334,595	17,580,472	21,490,215
Property and related expenses	(1,171,387)			(1,813,950)			(4,288,142)	(5,539,320)	(7,977,561)	(9,317,720)
Total net operating income, as defined, for reportable segments	1,716,974			2,284,942			5,860,871	7,795,275	9,602,911	12,172,495
Revenue Benchmark [Member] | Operating Segments [Member] | Model Home Properties [Member]
Segment Reporting Information [Line Items]
Rental, fees and other income	739,558			1,058,329			2,528,748	3,268,074	4,251,980	4,194,489
Property and related expenses	(25,804)			(58,897)			(106,304)	(160,688)	(202,667)	(193,367)
Total net operating income, as defined, for reportable segments	713,754			999,432			2,422,444	3,107,386	4,049,313	4,001,122
Revenue Benchmark [Member] | Operating Segments [Member] | Retail Properties [Member]
Segment Reporting Information [Line Items]
Rental, fees and other income	748,312			548,392			2,213,808	2,305,412	2,971,125	2,956,407
Property and related expenses	(217,379)			(277,820)			(644,862)	(1,729,171)	(2,368,906)	(899,487)
Total net operating income, as defined, for reportable segments	$ 530,933			$ 270,572			$ 1,568,946	$ 576,241	$ 602,219	$ 2,056,920

SCHEDULE OF ASSETS BY REPORTABL

SCHEDULE OF ASSETS BY REPORTABLE SEGMENT (Details) - USD ($)	Sep. 30, 2021		Dec. 31, 2020		Dec. 31, 2019
Segment Reporting Information [Line Items]
Land, buildings and improvements, net (1)			$ 166,253,967		$ 200,206,620
Total Assets	$ 161,834,626		185,568,616		220,784,408
Other assets, net	4,449,538		3,422,781		5,709,586
Net Assets, Segment [Member]
Segment Reporting Information [Line Items]
Total Assets	161,834,627		185,568,616		220,784,408
Cash, cash equivalents and restricted cash	19,428,488		2,149,088		1,591,041
Other assets, net	18,272,856		15,018,615		10,035,101
Net Assets, Segment [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Assets	124,133,283		168,400,913		209,158,266
Net Assets, Segment [Member] | Operating Segments [Member] | Office or Industrial Properties [Member]
Segment Reporting Information [Line Items]
Land, buildings and improvements, net (1)	70,110,480	[1]	99,120,649	[1]	126,421,648	[2]
Total Assets	67,689,503	[3]	100,046,782	[3],[4]	131,180,612	[4]
Net Assets, Segment [Member] | Operating Segments [Member] | Model Home Properties [Member]
Segment Reporting Information [Line Items]
Land, buildings and improvements, net (1)	29,954,760	[1]	42,509,596	[1]	48,466,371	[2]
Total Assets	28,972,715	[3]	42,246,022	[3],[4]	51,389,400	[4]
Net Assets, Segment [Member] | Operating Segments [Member] | Retail Properties [Member]
Segment Reporting Information [Line Items]
Land, buildings and improvements, net (1)	25,774,657	[1]	24,555,371	[1]	25,318,601	[2]
Total Assets	$ 27,471,065	[3]	$ 26,108,109	[3],[4]	$ 26,588,254	[4]
[1]	Includes lease intangibles and the land purchase option related to property acquisitions.
[2]	Includes lease intangibles and the land purchase option related to property acquisitions.
[3]	Includes land, buildings and improvements, cash, cash equivalents, and restricted cash, current receivables, deferred rent receivables and deferred leasing costs and other related intangible assets, all shown on a net basis.
[4]	Includes land, buildings and improvements, current receivables, deferred rent receivables and deferred leasing costs and other related intangible assets, all shown on a net basis.

SCHEDULE OF CAPITAL EXPENDITURE

SCHEDULE OF CAPITAL EXPENDITURES BY REPORTABLE SEGMENT (Details) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Revenue, Major Customer [Line Items]
Capital expenditures and tenant improvements	$ 1,122,051	$ 2,510,152	$ 2,834,373	$ 6,393,711
Acquisition of operating properties, net	7,758,066	8,996,248	10,161,613	13,037,562
Revenue Benchmark [Member]
Revenue, Major Customer [Line Items]
Capital expenditures and tenant improvements	1,122,051	2,510,152	2,834,373	6,393,711
Acquisition of operating properties, net	7,758,066	8,996,248	10,161,613	13,037,562
Total real estate investments	8,880,117	11,506,400	12,995,986	19,431,273
Revenue Benchmark [Member] | Office Industrial Properties [Member]
Revenue, Major Customer [Line Items]
Capital expenditures and tenant improvements	1,054,202	2,501,075	2,825,168	6,373,464
Revenue Benchmark [Member] | Model Home Properties [Member]
Revenue, Major Customer [Line Items]
Acquisition of operating properties, net	2,851,800	8,996,248	10,161,613	13,037,562
Revenue Benchmark [Member] | Retail Properties [Member]
Revenue, Major Customer [Line Items]
Capital expenditures and tenant improvements	67,849	$ 9,077	$ 9,205	$ 20,247
Acquisition of operating properties, net	$ 4,906,266

SEGMENTS (Details Narrative)

SEGMENTS (Details Narrative) - Integer	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2021
Segment Reporting [Abstract]
Number of reportable segments	3	3

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative)

Oct. 28, 2021USD ($)Integer

Oct. 15, 2021$ / shares

Jun. 24, 2021$ / shares

Feb. 23, 2021$ / shares

Feb. 19, 2021USD ($)

Feb. 19, 2021USD ($)

Jan. 28, 2021USD ($)

Jan. 28, 2021USD ($)

Oct. 31, 2021USD ($)

Sep. 30, 2021USD ($)

Sep. 30, 2020USD ($)

Dec. 31, 2020USD ($)

Dec. 31, 2019USD ($)

Sep. 01, 2020USD ($)

Subsequent Event [Line Items]

Real estate acquired amount

$ 7,758,066

$ 8,996,248

$ 10,161,613

$ 13,037,562

Notes Payable to Banks [Member] | Polar Multi Strategy Master Fund [Member]

Subsequent Event [Line Items]

Outstanding principal balance

7,700,000

$ 8,800,000

Subsequent Event [Member]

Subsequent Event [Line Items]

Dividends Payable, Date to be Paid

Mar. 16, 2021

Dividends Payable, Date of Record

Mar. 9, 2021

Common stock dividends, per share | $ / shares

$ 0.101

Subsequent Event [Member] | Notes Payable to Banks [Member] | Polar Multi Strategy Master Fund [Member]

Subsequent Event [Line Items]

Outstanding principal balance

$ 7,700,000

Subsequent Event [Member] | Model Home Properties in Houston, Texas [Member]

Subsequent Event [Line Items]

Number of properties acquired | Integer

3

Real estate acquired amount

$ 1,500,000

Subsequent Event [Member] | Model Home Properties in Houston, Texas [Member] | First Mortgage [Member]

Subsequent Event [Line Items]

Real estate acquired amount

1,000,000

Subsequent Event [Member] | Model Home Properties in Houston, Texas [Member] | Cash [Member]

Subsequent Event [Line Items]

Real estate acquired amount

$ 500,000

Subsequent Event [Member] | Property in Baltimore, MD [Member]

Subsequent Event [Line Items]

Property acquired amount

$ 8,700,000

Subsequent Event [Member] | Waterman Plaza [Member]

Subsequent Event [Line Items]

Proceeds from sale of real estate

$ 3,500,000

$ 3,500,000

Subsequent Event [Member] | Garden Gateway [Member]

Subsequent Event [Line Items]

Proceeds from sale of real estate

$ 11,200,000

$ 11,200,000

Series D Preferred Stock [Member]

Subsequent Event [Line Items]

Dividends declared per share | $ / shares

$ 0.10417

Series D Preferred Stock [Member] | Subsequent Event [Member]

Subsequent Event [Line Items]

Dividends declared per share | $ / shares

$ 0.19531

Dividends Payable, Date to be Paid

Nov. 15, 2021

Dividends Payable, Date of Record

Oct. 31, 2021

ORGANIZATION AND BASIS OF PRE_2

ORGANIZATION AND BASIS OF PRESENTATION (Details Narrative)	Oct. 06, 2020USD ($)$ / shares	Sep. 01, 2020	Jul. 29, 2020	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Oct. 06, 2021USD ($)shares	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Sep. 17, 2019USD ($)	Jan. 23, 2012$ / shares
Real Estate Properties [Line Items]
Number of Limited Liability Companies							two limited partnerships (NetREIT Palm Self-Storage LP and NetREIT Casa Grande LP), all with ownership in real estate income producing properties. The Company refers to these entities collectively, as the “NetREIT Partnerships”.
Number of Limited Partnerships in which Company is Sole General Partner							six limited partnerships that purchase model homes and lease them back to homebuilders (Dubose Model Homes Investors #202, LP, Dubose Model Homes Investors #203, LP, Dubose Model Homes Investors #204, LP, Dubose Model Homes Investors #205, LP, Dubose Model Homes Investors #206, LP and NetREIT Dubose Model Home REIT, LP). The Company refers to these entities collectively, as the “Model Home Partnerships”.
Shares Issued, Price Per Share | $ / shares										$ 10
Issuance of common stock series A, net of offering costs				$ 8,871,879			$ 205,000,000,000
Debt instrument, maturity date		Oct. 1, 2020
Long-term debt, maturity, remainder of fiscal year					$ 942,863
Mortgage Notes [Member]
Real Estate Properties [Line Items]
Long-term debt, maturity, remainder of fiscal year				900,000
Promissory Note [Member]
Real Estate Properties [Line Items]
Debt face amount							$ 7,700,000		$ 14,000,000
Debt instrument, interest rate,									8.00%
Renewal fee percentage					4.00%
Maturity [Member]
Real Estate Properties [Line Items]
Debt instrument, maturity date		Mar. 31, 2021
Reverse Stock Split [Member]
Real Estate Properties [Line Items]
Stockholders' Equity Note, Stock Split, Conversion Ratio			2
IPO [Member]
Real Estate Properties [Line Items]
Issuance of stock, net of issuance cost, shares | shares						500,000
Shares Issued, Price Per Share | $ / shares	$ 5
Issuance of common stock series A, net of offering costs	$ 2,000,000					$ 2,000,000
IPO [Member] | Other Expenses [Member]
Real Estate Properties [Line Items]
Payment of stock issuance cost	500,000
IPO [Member] | Underwriting Discounts [Member]
Real Estate Properties [Line Items]
Payment of stock issuance cost	$ 500,000
Commercial Property [Member]
Real Estate Properties [Line Items]
Number of commercial property fee and interest							14 commercial properties in fee interest and have partial interests
Commercial Property [Member] | Partially Owned Properties [Member]
Real Estate Properties [Line Items]
Number of property and investment							one property through our investments in limited partnerships for which we serve as the general partner.
Model Home [Member] | Mortgage Notes [Member]
Real Estate Properties [Line Items]
Long-term debt, maturity, remainder of fiscal year				$ 600,000			$ 10,200,000
Commercial [Member] | Mortgage Notes [Member]
Real Estate Properties [Line Items]
Long-term debt, maturity, remainder of fiscal year							$ 16,400,000

LESSOR, OPERATING LEASE, PAYMEN

LESSOR, OPERATING LEASE, PAYMENT TO BE RECEIVED, FISCAL YEAR MATURITY (Details)	Dec. 31, 2020USD ($)
Office/Industrial and Retail Properties [Member]
2021	$ 3,259,261
2022	3,406,500
2023	2,564,601
2024	1,211,331
2025	1,526,142
Thereafter	2,477,552
Totals	14,445,387
Model Home Properties [Member]
2021	2,784,108
2022	696,768
Totals	$ 3,480,876

SERIES B MANDATORILY REDEEMAB_2

SERIES B MANDATORILY REDEEMABLE PREFERRED STOCK (Details Narrative) - Redeemable Convertible Preferred Stock Series B [Member] - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Stock redeemed or called during period, shares (in shares)		16,900
Stock redeemed or called during period, value		$ 16,900,000
Preferred stock, shares outstanding, ending balance (in shares)	0	0
Preferred stock, shares issued, total (in shares)	0	0
Interest expense, total	$ 0	$ 100,000

SCHEDULE OF REAL ESTATE PROPE_3

SCHEDULE OF REAL ESTATE PROPERTY COST, IMPROVEMENTS AND DEPRECIATION (Details) - USD ($)		Feb. 19, 2021	Feb. 19, 2021	Jan. 28, 2021	Jan. 28, 2021	Dec. 31, 2020		Dec. 31, 2019	Dec. 31, 2018
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						$ 120,788,000
Land, Initial Cost						30,297,000
Building and Improvements, Initial Cost						164,472,000
Acquisition Price						195,452,000
Capitalized Improvements						26,279,000
Land Cost, Total Cost						30,330,000
Building & Improvements, Total Cost						155,296,000
Total cost						211,905,000
Accumulated Depreciation & Depreciation						42,387,199	[1]	$ 44,113,962	$ 43,567,809
Reserve for Impairment						3,264,000
NBV Real Estate						$ 166,254,000
Building and Building Improvements [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Life Used for Depreciation						39 years
Garden Gateway [Member] | Subsequent Event [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Proceeds from Sale of Real Estate		$ 11,200,000	$ 11,200,000
Waterman Plaza [Member] | Subsequent Event [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Proceeds from Sale of Real Estate				$ 3,500,000	$ 3,500,000
Industrial Office Properties [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						$ 73,618,000
Land, Initial Cost						16,539,000
Building and Improvements, Initial Cost						104,660,000
Acquisition Price						121,882,000
Capitalized Improvements						23,723,000
Land Cost, Total Cost						16,539,000
Building & Improvements, Total Cost						94,071,000
Total cost						134,333,000
Accumulated Depreciation & Depreciation	[1]					34,743,000
Reserve for Impairment						400,000
NBV Real Estate						99,190,000
Industrial Office Properties [Member] | Garden Gateway [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[2]					5,861,000
Land, Initial Cost	[2]					3,035,000
Building and Improvements, Initial Cost	[2]					12,091,000
Acquisition Price	[2]					15,126,000
Capitalized Improvements	[2]					3,329,000
Land Cost, Total Cost	[2]					3,035,000
Building & Improvements, Total Cost	[2]					10,874,000
Total cost	[2]					17,238,000
Accumulated Depreciation & Depreciation	[1],[2]					5,774,000
Reserve for Impairment	[2]
NBV Real Estate	[2]					11,464,000
Industrial Office Properties [Member] | Executive Park [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[2]					2,986,000
Land, Initial Cost	[2]					583,000
Building and Improvements, Initial Cost	[2]					8,815,000
Acquisition Price	[2]					10,081,000
Capitalized Improvements	[2]					1,473,000
Land Cost, Total Cost	[2]					583,000
Building & Improvements, Total Cost	[2]					5,561,000
Total cost	[2]					7,617,000
Accumulated Depreciation & Depreciation	[1],[2]					2,510,000
Reserve for Impairment	[2]
NBV Real Estate	[2]					5,107,000
Industrial Office Properties [Member] | Genesis Plaza [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						6,276,000
Land, Initial Cost						1,400,000
Building and Improvements, Initial Cost						8,600,000
Acquisition Price						10,000,000
Capitalized Improvements						2,625,000
Land Cost, Total Cost						1,400,000
Building & Improvements, Total Cost						8,323,000
Total cost						12,348,000
Accumulated Depreciation & Depreciation	[1]					3,697,000
Reserve for Impairment
NBV Real Estate						8,651,000
Industrial Office Properties [Member] | Dakota Center [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						9,900,000
Land, Initial Cost						832,000
Building and Improvements, Initial Cost						8,743,000
Acquisition Price						9,575,000
Capitalized Improvements						1,306,000
Land Cost, Total Cost						832,000
Building & Improvements, Total Cost						9,960,000
Total cost						12,098,000
Accumulated Depreciation & Depreciation	[1]					3,500,000
Reserve for Impairment
NBV Real Estate						8,598,000
Industrial Office Properties [Member] | Grand Pacific Center [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						3,738,000
Land, Initial Cost						413,000
Building and Improvements, Initial Cost						4,926,000
Acquisition Price						5,339,000
Capitalized Improvements						904,000
Land Cost, Total Cost						413,000
Building & Improvements, Total Cost						6,099,000
Total cost						7,416,000
Accumulated Depreciation & Depreciation	[1]					1,732,000
Reserve for Impairment
NBV Real Estate						5,684,000
Industrial Office Properties [Member] | Arapahoe Center [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						7,932,000
Land, Initial Cost						1,420,000
Building and Improvements, Initial Cost						10,430,000
Acquisition Price						11,850,000
Capitalized Improvements						2,078,000
Land Cost, Total Cost						1,420,000
Building & Improvements, Total Cost						8,857,000
Total cost						12,355,000
Accumulated Depreciation & Depreciation	[1]					3,122,000
Reserve for Impairment
NBV Real Estate						9,233,000
Industrial Office Properties [Member] | West Fargo Industrial [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						4,263,000
Land, Initial Cost						1,693,000
Building and Improvements, Initial Cost						6,207,000
Acquisition Price						7,900,000
Capitalized Improvements						264,000
Land Cost, Total Cost						1,693,000
Building & Improvements, Total Cost						6,099,000
Total cost						8,056,000
Accumulated Depreciation & Depreciation	[1]					995,000
Reserve for Impairment
NBV Real Estate						7,061,000
Industrial Office Properties [Member] | The 300 N.P [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						2,274,000
Land, Initial Cost						135,000
Building and Improvements, Initial Cost						3,715,000
Acquisition Price						3,850,000
Capitalized Improvements						319,000
Land Cost, Total Cost						135,000
Building & Improvements, Total Cost						3,589,000
Total cost						4,043,000
Accumulated Depreciation & Depreciation	[1]					764,000
Reserve for Impairment
NBV Real Estate						3,279,000
Industrial Office Properties [Member] | Highland Court [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[2]					6,275,000
Land, Initial Cost	[2]					3,608,000
Building and Improvements, Initial Cost	[2]					9,442,000
Acquisition Price	[2]					13,050,000
Capitalized Improvements	[2]					3,408,000
Land Cost, Total Cost	[2]					3,608,000
Building & Improvements, Total Cost	[2]					7,767,000
Total cost	[2]					14,783,000
Accumulated Depreciation & Depreciation	[1],[2]					3,883,000
Reserve for Impairment	[2]					400,000
NBV Real Estate	[2]					10,500,000
Industrial Office Properties [Member] | One Park Centre [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						6,385,000
Land, Initial Cost						1,206,000
Building and Improvements, Initial Cost						7,944,000
Acquisition Price						9,150,000
Capitalized Improvements						1,952,000
Land Cost, Total Cost						1,206,000
Building & Improvements, Total Cost						7,416,000
Total cost						10,574,000
Accumulated Depreciation & Depreciation	[1]					1,987,000
Reserve for Impairment
NBV Real Estate						8,587,000
Industrial Office Properties [Member] | Shea Center II [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						17,728,000
Land, Initial Cost						2,214,000
Building and Improvements, Initial Cost						23,747,000
Acquisition Price						25,961,000
Capitalized Improvements						6,065,000
Land Cost, Total Cost						2,214,000
Building & Improvements, Total Cost						19,526,000
Total cost						27,805,000
Accumulated Depreciation & Depreciation	[1]					6,779,000
Reserve for Impairment
NBV Real Estate						21,026,000
Retail Properties [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						19,087,000
Land, Initial Cost						6,206,000
Building and Improvements, Initial Cost						22,950,000
Acquisition Price						29,156,000
Capitalized Improvements						2,556,000
Land Cost, Total Cost						6,239,000
Building & Improvements, Total Cost						24,363,000
Total cost						33,158,000
Accumulated Depreciation & Depreciation	[1]					5,740,000
Reserve for Impairment						2,864,000
NBV Real Estate						24,554,000
Retail Properties [Member] | World Plaza [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[2]					5,803,000
Land, Initial Cost	[2]					1,698,000
Building and Improvements, Initial Cost	[2]					6,232,000
Acquisition Price	[2]					7,930,000
Capitalized Improvements	[2]					1,761,000
Land Cost, Total Cost	[2]					1,698,000
Building & Improvements, Total Cost	[2]					8,758,000
Total cost	[2]					12,217,000
Accumulated Depreciation & Depreciation	[1],[2]					2,246,000
Reserve for Impairment	[2]					700,000
NBV Real Estate	[2]					9,271,000
Retail Properties [Member] | Waterman Plaza [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	[2]					3,208,000
Land, Initial Cost	[2]					2,350,000
Building and Improvements, Initial Cost	[2]					4,814,000
Acquisition Price	[2]					7,164,000
Capitalized Improvements	[2]					239,000
Land Cost, Total Cost	[2]					2,383,000
Building & Improvements, Total Cost	[2]					4,324,000
Total cost	[2]					6,946,000
Accumulated Depreciation & Depreciation	[1],[2]					1,282,000
Reserve for Impairment	[2]					2,164,000
NBV Real Estate	[2]					3,500,000
Retail Properties [Member] | Union Town Center [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						8,316,000
Land, Initial Cost						1,750,000
Building and Improvements, Initial Cost						9,462,000
Acquisition Price						11,212,000
Capitalized Improvements						513,000
Land Cost, Total Cost						1,750,000
Building & Improvements, Total Cost						8,932,000
Total cost						11,195,000
Accumulated Depreciation & Depreciation	[1]					1,851,000
Reserve for Impairment
NBV Real Estate						9,344,000
Retail Properties [Member] | Research Parkway [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						1,760,000
Land, Initial Cost						408,000
Building and Improvements, Initial Cost						2,442,000
Acquisition Price						2,850,000
Capitalized Improvements						43,000
Land Cost, Total Cost						408,000
Building & Improvements, Total Cost						2,349,000
Total cost						2,800,000
Accumulated Depreciation & Depreciation	[1]					361,000
Reserve for Impairment
NBV Real Estate						2,439,000
Model Home [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						28,083,000
Land, Initial Cost						7,552,000
Building and Improvements, Initial Cost						36,862,000
Acquisition Price						44,414,000
Land Cost, Total Cost						7,552,000
Building & Improvements, Total Cost						36,862,000
Total cost						44,414,000
Accumulated Depreciation & Depreciation	[1]					1,904,000
NBV Real Estate						42,510,000
Model Home [Member] | Model Homes -NDMHR, LP [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						974,000
Land, Initial Cost						534,000
Building and Improvements, Initial Cost						2,047,000
Acquisition Price						2,581,000
Capitalized Improvements
Land Cost, Total Cost						534,000
Building & Improvements, Total Cost						2,047,000
Total cost						2,581,000
Accumulated Depreciation & Depreciation	[1]					197,000
Reserve for Impairment
NBV Real Estate						2,384,000
Model Home [Member] | Model Homes-DMH LP #202 [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						3,149,000
Land, Initial Cost						741,000
Building and Improvements, Initial Cost						4,238,000
Acquisition Price						4,979,000
Capitalized Improvements
Land Cost, Total Cost						741,000
Building & Improvements, Total Cost						4,238,000
Total cost						4,979,000
Accumulated Depreciation & Depreciation	[1]					337,000
Reserve for Impairment
NBV Real Estate						4,642,000
Model Home [Member] | Model Homes-DMH LP #203 [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						5,271,000
Land, Initial Cost						1,600,000
Building and Improvements, Initial Cost						7,132,000
Acquisition Price						8,732,000
Land Cost, Total Cost						1,600,000
Building & Improvements, Total Cost						7,132,000
Total cost						8,732,000
Accumulated Depreciation & Depreciation	[1]					441,000
NBV Real Estate						8,291,000
Model Home [Member] | Model Homes-DMH LP #204 [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						5,385,000
Land, Initial Cost						1,412,000
Building and Improvements, Initial Cost						6,787,000
Acquisition Price						8,199,000
Land Cost, Total Cost						1,412,000
Building & Improvements, Total Cost						6,787,000
Total cost						8,199,000
Accumulated Depreciation & Depreciation	[1]					345,000
NBV Real Estate						7,854,000
Model Home [Member] | Model Homes-DMH LP #205 [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						5,214,000
Land, Initial Cost						1,461,000
Building and Improvements, Initial Cost						6,287,000
Acquisition Price						7,748,000
Land Cost, Total Cost						1,461,000
Building & Improvements, Total Cost						6,287,000
Total cost						7,748,000
Accumulated Depreciation & Depreciation	[1]					179,000
NBV Real Estate						7,569,000
Model Home [Member] | Model Homes-DMH LP #206 [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						1,696,000
Land, Initial Cost						294,000
Building and Improvements, Initial Cost						2,181,000
Acquisition Price						2,475,000
Land Cost, Total Cost						294,000
Building & Improvements, Total Cost						2,181,000
Total cost						2,475,000
Accumulated Depreciation & Depreciation	[1]					27,000
NBV Real Estate						2,448,000
Model Home [Member] | Model Homes-NMH Inc. [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]
Encumbrances						6,394,000
Land, Initial Cost						1,510,000
Building and Improvements, Initial Cost						8,190,000
Acquisition Price						9,700,000
Land Cost, Total Cost						1,510,000
Building & Improvements, Total Cost						8,190,000
Total cost						9,700,000
Accumulated Depreciation & Depreciation	[1]					378,000
NBV Real Estate						$ 9,322,000
[1]	Depreciation is computed on a straight-line basis using useful lives up to 39 years
[2]	Property held for sale as of December 31, 2020.

SCHEDULE OF INVESTMENT IN REAL

SCHEDULE OF INVESTMENT IN REAL ESTATE AND ACCUMULATED DEPRECIATION (Details) - USD ($)	3 Months Ended		9 Months Ended			12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021		Sep. 30, 2020	Dec. 31, 2020		Dec. 31, 2019
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]
Balance at the beginning of the year			$ 208,641,166		$ 244,320,582	$ 244,320,582		$ 254,675,874
Acquisitions						10,161,613		13,037,562
Improvements						2,834,367		6,393,711
Impairments			(300,000)		(845,674)	(1,730,851)
Impairments			300,000		845,674	1,730,851
Dispositions of real estate						(46,944,545)		(29,786,565)
Balance at the end of the year						208,641,166		244,320,582
Balance at the beginning of the year			$ (42,387,199)	[1]	$ (44,113,962)	(44,113,962)		(43,567,809)
Depreciation and amortization expense						(5,938,958)		(6,693,613)
Dispositions of real estate						7,665,721		6,147,460
Balance at the end of the year						(42,387,199)	[1]	(44,113,962)
Real estate assets, net						$ 166,253,967		$ 200,206,620
[1]	Depreciation is computed on a straight-line basis using useful lives up to 39 years