Presidio Property Trust (SQFT) 10-K 18 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 18, 2016	Jun. 30, 2015
Document And Entity Information [Abstract]
Entity Registrant Name	NETREIT, INC.
Entity Central Index Key	1,080,657
Current Fiscal Year End Date	--12-31
Entity Well Known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 0
Entity Common Stock Shares Outstanding		17,202,228
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Redeemable Convertible Preferred Stock Series B [Member]
Preferred stock, par or stated value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock liquidation preference value (in dollars per share)	$ 1,000	$ 1,000
Preferred stock shares authorized (in shares)	35,000	35,000
Preferred stock shares issued (in shares)	35,000	16,600
Preferred stock shares outstanding (in shares)	35,000	16,600
Convertible Series AA Preferred Stock [Member]
Preferred stock, par or stated value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock liquidation preference value (in dollars per share)	$ 25	$ 25
Preferred stock shares authorized (in shares)	1,000,000	1,000,000
Preferred stock shares issued (in shares)	0	0
Preferred stock shares outstanding (in shares)	0	0
Common Class A [Member]
Common stock, par or stated value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock shares issued (in shares)	17,202,228	16,887,377
Common stock shares outstanding (in shares)	17,202,228	16,887,377

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Real estate assets and lease intangibles:
Land	$ 49,965,418	$ 40,422,812
Buildings and improvements	177,360,584	128,719,410
Tenant improvements	19,876,549	13,164,998
Lease intangibles	13,845,100	9,793,814
Real estate assets and lease intangibles, cost	261,047,651	192,101,034
Accumulated depreciation and amortization	(29,961,472)	(23,011,006)
Real estate assets and lease intangibles, net	231,086,179	169,090,028
Real estate assets held for sale, net		29,107,675
Cash and cash equivalents	6,626,423	5,636,002
Restricted cash	6,759,786	4,086,498
Deferred leasing and financing costs, net	5,141,312	5,438,857
Goodwill	2,423,000	2,423,000
Other assets, net	5,895,991	4,842,878
TOTAL ASSETS	257,932,691	220,624,938
Liabilities:
Mortgage notes payable	144,690,570	106,966,774
Mortgage notes payable related to assets held for sale		16,932,524
Accounts payable and accrued liabilities	7,458,761	5,185,250
Accrued real estate taxes	2,401,770	1,446,554
Dividends payable	1,063,454	997,175
Below-market rent	2,154,479	960,328
Total liabilities	$ 192,769,034	$ 149,088,605
Commitments and contingencies
Equity:
Additional paid-in capital	$ 146,712,853	$ 143,715,876
Dividends in excess of accumulated losses	(93,821,328)	(83,150,866)
Total stockholders' equity before noncontrolling interest	53,063,548	60,733,884
Noncontrolling interest	12,100,109	10,802,449
Total equity	65,163,657	71,536,333
TOTAL LIABILITIES AND EQUITY	257,932,691	220,624,938
Redeemable Convertible Preferred Stock Series B [Member]
Liabilities:
Mandatorily redeemable Series B Preferred Stock, $0.01 par value, $1,000 liquidating preference; shares authorized: 35,000; shares issued and outstanding at December 31, 2015 and 2014: 35,000 and 16,600, respectively	35,000,000	16,600,000
Common Class A [Member]
Equity:
Common stock - Series A, $0.01 par value; shares authorized: 100,000,000; shares issued and outstanding at December 31, 2015 and 2014: 17,202,228 and 16,887,377, respectively	$ 172,023	$ 168,874

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Rental income	$ 23,590,011	$ 16,378,195
Fee and other income	388,834	95,712
Total revenues	23,978,845	16,473,907
Costs and expenses:
Rental operating costs	8,515,151	5,749,279
General and administrative	4,672,783	4,578,517
Depreciation and amortization	7,784,917	5,383,266
Real estate asset impairments		950,000
Total costs and expenses	20,972,851	16,661,062
Other (expense) income:
Interest expense-Series B preferred stock	(4,767,559)	(1,156,097)
Interest expense-mortgage notes	(6,007,101)	(4,439,232)
Interest and other income	150,008	85,806
Gain on sales of real estate	1,513,242	5,277,350
Income tax expense	(172,691)	(813,503)
Acquisition costs	(348,414)	(163,429)
Gain on extinguishment of debt		536,952
Total other (expense) income, net	(9,632,515)	(672,153)
Loss from continuing operations	(6,626,521)	(859,308)
Gain (loss) on the sale of real estate	4,730,398	(156,651)
(Loss) income from discontinued operations, net	(131,375)	162,358
Income from discontinued operations	4,599,023	5,707
Net loss	(2,027,498)	(853,601)
Less: Income attributable to noncontrolling interests	(1,791,194)	(3,192,082)
Net loss attributable to NetREIT, Inc. common stockholders	$ (3,818,692)	$ (4,045,683)
Basic and diluted (loss) income per common share
Continuing operations	$ (0.39)	$ (0.05)
Discontinued operations	0.27	0
Loss per common share	$ (0.22)	$ (0.24)
Weighted average common shares outstanding - basic and diluted	17,139,479	16,798,232

Consolidated Statements of Stoc

Consolidated Statements of Stockholders Equity - USD ($)	Total	Redeemable Convertible Series 6.3% Preferred Stock [Member]	Common Stock [Member]	Additional Paid In Capital [Member]	Dividends Paid in Excess of Accumulated Losses [Member]	Noncontrolling Interest [Member]	Parent [Member]
Beginning balance (in shares) at Dec. 31, 2013		1,649	16,473,674
Beginning balance at Dec. 31, 2013	$ 70,432,662	$ 16	$ 164,737	$ 141,494,883	$ (71,226,974)	$ 15,435,421	$ 85,868,083
Net income (loss)	(4,045,683)				(4,045,683)	3,192,082	(853,601)
Vesting of restricted stock (in shares)			51,115
Vesting of restricted stock	455,819		$ 511	455,308			455,819
Repurchase of preferred stock from related parties (in shares)		(1,649)
Repurchase of preferred stock from related parties	(1,649,266)	$ (16)		(1,649,250)			(1,649,266)
Common stock issued to related party (in shares)			39,806
Common stock issued to related party	312,792		$ 398	312,394			312,792
Repurchase of common stock (in shares)			(6,579)
Repurchase of common stock	(47,194)		$ (66)	(47,128)			(47,194)
Repurchase of common stock from related parties (in shares)			(21,000)
Repurchase of common stock from related parties	(165,018)		$ (210)	(164,808)			(165,018)
Dividends paid/reinvested (in shares)			277,660
Dividends paid/reinvested	(3,563,053)		$ 2,777	2,624,536	(6,190,366)		(3,563,053)
Dividends declared/reinvested (in shares)			72,701
Dividends declared/reinvested	(997,175)		$ 727	689,941	(1,687,843)		(997,175)
Distributions paid in excess of contributions received fron noncontrolling interests						(7,825,054)	(7,825,054)
Ending balance (in shares) at Dec. 31, 2014			16,887,377
Ending balance at Dec. 31, 2014	60,733,884		$ 168,874	143,715,876	(83,150,866)	10,802,449	71,536,333
Net income (loss)	(3,818,692)				(3,818,692)	1,791,194	(2,027,498)
Vesting of restricted stock (in shares)			54,050
Vesting of restricted stock	464,827		$ 541	464,286			464,827
Common stock issued, shares			5,000
Common stock issued, value	49,999		$ 50	49,949			49,999
Repurchase of common stock (in shares)			(5,513)
Repurchase of common stock	(28,709)		$ (55)	(28,654)			(28,709)
Repurchase of common stock from related parties (in shares)			(18,806)
Repurchase of common stock from related parties	(147,752)		$ (188)	(147,564)			(147,752)
Dividends paid/reinvested (in shares)			211,324
Dividends paid/reinvested	(3,126,555)		$ 2,113	2,006,086	(5,134,754)		(3,126,555)
Dividends declared/reinvested (in shares)			68,796
Dividends declared/reinvested	(1,063,454)		$ 688	652,874	(1,717,016)		(1,063,454)
Distributions paid in excess of contributions received fron noncontrolling interests						(493,534)	(493,534)
Ending balance (in shares) at Dec. 31, 2015			17,202,228
Ending balance at Dec. 31, 2015	$ 53,063,548		$ 172,023	$ 146,712,853	$ (93,821,328)	$ 12,100,109	$ 65,163,657

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net loss	$ (2,027,498)	$ (853,601)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization from continuing operations	7,784,917	5,383,266
Depreciation and amortization from discontinued operations	165,646	666,119
Stock compensation	464,827	455,819
Bad debt expense	236,329	122,121
Real estate asset impairments		950,000
Gain on sales of real estate assets, net	(6,243,640)	(5,120,699)
Gain on extinguishment of debt		(536,952)
Amortization of financing costs	1,286,437	417,724
Amortization of above-market rent	212,941	215,523
Amortization of below-market rent	(169,363)	(28,048)
Changes in operating assets and liabilities:
Other assets	(1,170,342)	702,386
Accounts payable and accrued liabilities	2,273,512	1,138,508
Accrued real estate taxes	955,216	664,605
Net cash provided by operating activities	3,768,982	4,176,771
Cash flows from investing activities:
Real estate acquisitions	(67,852,592)	(59,063,369)
Building and tenant improvements	(2,854,939)	(2,567,027)
Deferred leasing costs	(639,004)	(407,261)
Proceeds from sales of real estate assets	37,755,598	22,287,463
Increase in restricted cash	(2,673,288)	(2,731,221)
Net cash used in investing activities	(36,264,225)	(42,481,415)
Cash flows from financing activities:
Proceeds from mortgage notes payable, net of issuance costs	50,864,054	56,859,919
Repayment of mortgage notes payable	(30,834,664)	(22,811,129)
Proceeds from issuance of mandatorily redeemable preferred stock, net of offering costs	18,200,000	13,862,103
Issuance of common stock	49,999
Repurchase of common stock	(176,461)	(212,212)
Redemption of Series 6.3% preferred stock		(1,649,266)
Distributions paid in excess of contributions received from noncontrolling interests	(493,534)	(7,512,262)
Dividends paid	(4,123,730)	(4,803,508)
Net cash provided by financing activities	33,485,664	33,733,645
Net increase (decrease) in cash and cash equivalents	990,421	(4,570,999)
Cash and cash equivalents - beginning of year	5,636,002	10,207,001
Cash and cash equivalents - end of year	6,626,423	5,636,002
Supplemental disclosure of cash flow information:
Interest paid -Series B preferred stock	3,439,189	775,833
Interest paid -mortgage notes payable	5,965,824	6,477,096
Non-cash financing activities:
Reinvestment of cash dividend	2,661,979	3,314,477
Accrual of dividend payable	$ 1,063,454	997,175
Conversion of partnership interests into common stock		$ 165,018

Organization and Basis of Prese

Organization and Basis of Presentation	12 Months Ended
	Dec. 31, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Basis of Presentation	1. ORGANIZATION AND BASIS OF PRESENTATION Organization. NetREIT (the “Company”) was incorporated in the State of California in January 1999 for the purpose of investing in real estate properties. Effective August 2010, NetREIT merged into NetREIT, Inc., a Maryland Corporation, with NetREIT, Inc. becoming the surviving Corporation. As a result of the merger, NetREIT is now incorporated in the State of Maryland. The Company qualifies and operates as a self-administered real estate investment trust (“REIT”) under the Internal Revenue Code of 1986, as amended (the “Code”), and commenced operations with capital provided by its private placement offering of its equity securities in 1999. The following partnership activity occurred during the periods covered by these consolidated financial statements: · The Company is the sole General Partner in three consolidated limited partnerships (NetREIT Palm Self-Storage LP, NetREIT Casa Grande LP and NetREIT Garden Gateway LP), all with ownership in real estate income producing properties. The Company refers to these entities collectively, as the “NetREIT Partnerships”. · The Company is a limited partner in two partnerships and one limited liability corporation that purchase and leaseback Model Homes from developers (“Dubose Model Home Investors #201, LP”, “Dubose Model Homes Investors #202, LP”, and “NetREIT Dubose Model Home REIT, Inc”). The Company refers to these entities collectively, as the “Model Home Entities”. · The Company had previously been a limited partner in a number of Model Home partnerships, the last of which (Dubose Acquisition Partners II, Dubose Model Home Income Fund #3, LTD., Dubose Model Home Income Fund #4, LTD., and Dubose Model Home Investors Fund #113, LP) sold all of their Model Home assets and were dissolved before the end of 2014. These entities were referred to as the “Income Funds”. The Company has determined that the entities described above, where it owns less than 100%, should be included in the Company’s consolidated financial statements as the Company directs their activities and holds a non-controlling interest in these limited partnerships through NetREIT, the Parent Company. Unit-based information used herein (such as references to square footage or property occupancy rates) is unaudited. Segments. The Company acquires and operates income producing properties including office/industrial properties, residential properties and retail properties and invests in real estate assets, including real estate loans and, as a result, the Company operates in three business segments. See Note 14 “Segments”. Customer Concentration. Concentration of credit risk with respect to accounts receivable is limited due to the large number of tenants comprising the Company’s rental revenue. No single tenant accounted for 10% or more of total rental income for the years ended December 31, 2015 and 2014.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Significant Accounting Policies	2. SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation. The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) as contained within the Financial Accounting Standards Board (“FASB”) Accounting Standards Codication (“ASC”). Principles of Consolidation . The accompanying consolidated financial statements include the accounts of NetREIT and its subsidiaries, NetREIT Advisors, LLC and Dubose Advisors LLC (collectively, the “Advisors”), and NetREIT Dubose Model Home REIT, Inc. The consolidated financial statements also include the results of the NetREIT Partnerships, the Model Home Partnerships and NetREIT National City Partners, LP. As used herein, references to the “Company” include references to NetREIT, its subsidiaries, the Advisors, the Partnerships and the Income Funds. All significant intercompany balances and transactions have been eliminated in consolidation. The Company classifies the noncontrolling interests in the NetREIT Partnerships as part of consolidated net loss in 2015 and 2014, and includes the accumulated amount of noncontrolling interests as part of equity from the NetREIT Entities 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 . The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Significant estimates include the allocation of purchase price paid for property acquisitions between land, building and intangible assets acquired including their useful lives; valuation of long-lived assets, and the allowance for doubtful accounts, which is based on an evaluation of the tenants’ ability to pay. Actual results may differ from those estimates. Real Estate Assets and Lease Intangibles. Land, buildings and improvements are recorded at cost, including tenant improvements and lease acquisition costs (including leasing commissions, space planning fees, and legal fees). The Company capitalizes any expenditure that replaces, improves, or otherwise extends the economic life of an asset, while ordinary repairs and maintenance are expensed as incurred. The Company allocates the purchase price of acquired properties between the acquired tangible assets and liabilities (consisting of land, building, tenant improvements, land purchase options, and long-term debt) and identified intangible assets and liabilities (including the value of above-market and below-market leases, the value of in-place leases, unamortized lease origination costs and tenant relationships), based in each case on their respective fair values. 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 (reduction) in rental income of approximately $44,000 and $(156,000) for the years ended December 31, 2015 and 2014, respectively. The value of in-place leases and unamortized lease origination costs are amortized to expense over the remaining term of the respective leases, which range from less than a year to ten years. The amount allocated to acquire in-place leases is determined based on management’s assessment of lost revenue and costs incurred for the period required to lease the “assumed vacant” property to the occupancy level when purchased. The amount allocated to unamortized lease origination costs is determined by what the Company would have paid to a third party to secure a new tenant reduced by the expired term of the respective lease. The amount allocated to tenant relationships is the benefit resulting from the likelihood of a tenant renewing its lease. Amortization expense related to these assets was approximately $839,000 and $456,000 for years ended December 31, 2015 and 2014, respectively. Real Estate Held for Sale and Discontinued Operations. Real estate sold during the current period is classified as “real estate held for sale” for all prior periods presented in the accompanying condensed consolidated financial statements. Mortgage notes payable related to the real estate sold during the current period is classified as “notes payable related to real estate held for sale” for all prior periods presented in the accompanying condensed consolidated financial statements. Additionally, the Company records the operating results related to real estate that has been disposed of as discontinued operations for all periods presented if the operations have been eliminated and the Company will not have any significant continuing involvement in the operations of the property following the sale. Impairment of Real Estate Assets. The Company reviews the carrying value of each property to determine if circumstances that indicate impairment in the carrying value of the investment exist or that depreciation periods should be modified. If circumstances support the possibility of impairment, the Company prepares a projection of the undiscounted future cash flows, without interest charges, of the specific property and determines if the investment in such property is recoverable. If impairment is indicated, the carrying value of the property is written down to its estimated fair value based on the Company’s best estimate of the property’s discounted future cash flows.. During 2014, the Company determined that an additional impairment existed in one of its properties and, as a result, recorded an asset impairment of $950,000. There were no impairments during 2015. Intangible Assets . Intangible assets, including goodwill and lease intangibles, are comprised of finite-lived and indefinite-lived assets. Lease intangibles represents the allocation of a portion of the purchase price of a property acquisition representing the estimated value of in-place leases, unamortized lease origination costs, tenant relationships and land purchase options. Intangible assets that are not deemed to have an indefinite useful life are amortized over their estimated useful lives. Indefinite-lived assets are not amortized. Amortization expense of intangible assets that are not deemed to have an indefinite useful life was approximately $556,000 and $608,000, respectively, for the years ended December 31, 2015 and 2014 and is included in depreciation and amortization in the accompanying consolidated statements of operation. 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 impairment was deemed to exist at December 31, 2015 and 2014. Depreciation and Amortization. The Company records depreciation and amortization expense using the straight-line method over the useful lives of the respective assets. The cost of buildings are depreciated over estimated useful lives of 39 years, the costs of improvements are amortized over the shorter of the estimated life of the asset or term of the tenant lease (which range from 1 to 10 years), and the cost of furniture, fixtures and equipment are depreciated over 4 to 5 years. Depreciation expense for the years ended December 31, 2015 and 2014 was approximately $6.1 million and $5.0 million, respectively, and is included in depreciation and amortization in the accompanying consolidated statements of operations. Cash and Cash Equivalents. The Company considers all short-term, highly liquid investments that are both readily convertible to cash and have an original maturity of three months or less at the date of purchase to be cash equivalents. Items classified as cash equivalents include money market funds. At December 31, 2015, the Company had approximately $3.5 million in deposits in financial institutions that were above the federally insurable limits. Restricted Cash. Restricted cash consists of funds held in escrow for Company lenders for properties held as collateral by the lenders. The funds in escrow are primarily for escrow funds for payment of property taxes. Tenant Receivables. The Company periodically evaluates the collectability of amounts due from tenants and maintains an allowance for doubtful accounts for estimated losses resulting from the inability of tenants to make required payments under lease agreements. In addition, the Company maintains an allowance for deferred rent receivable that arises from straight-lining of rents. The Company exercises judgment in establishing these allowances and considers payment history and current credit status of its tenants in developing these estimates. At December 31, 2015 and 2015, the balance of allowance for possible uncollectible tenant receivables included in other assets, net in the accompanying consolidated balance sheets was approximately $91,000 and $66,000, respectively. 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. Deferred leasing costs consist of third party leasing commissions. Management re-evaluates the remaining useful lives of leasing costs as the creditworthiness of the tenants and economic and market conditions change. If management determines the estimated remaining life of the respective lease has changed, the amortization period is adjusted. At December 31, 2015 and 2014, the Company had net deferred leasing costs of approximately $1,483,000 and $1,333,000, respectively, which are included in deferred leasing and financing costs, net in the accompanying consolidated balance sheets. Total amortization expense for the year ended December 31, 2015 and 2014 was approximately $412,000 and $393,000, respectively and is included in interest expense in the accompanying consolidated statements of operations. Deferred Financing Costs. Costs incurred, including legal fees, origination fees, and administrative fees, in connection with debt financing are capitalized as deferred financing costs and are amortized using the straight-line method, which approximates the effective interest method, over the contractual term of the respective loans. At December 31, 2015 and 2014, deferred financing costs related to mortgage notes payable were approximately $2,052,000 and $1,748,000, respectively, and deferred financing costs associated with the Series B preferred stock costs were approximately $1,606,000 and $2,358,000, respectively, which are included in deferred leasing and financing costs, net in the accompanying consolidated balance sheets. For the year ended December 31, 2015 and 2014, total amortization expense related to the mortgage notes payable deferred financing costs was approximately $335,000 and $417,000, respectively, and total amortization expense related to the Series B preferred stock costs was approximately $952,000 and $380,000, respectively, and is included in interest expense in the accompanying consolidated statements of operations. Income Taxes. We have elected to be taxed as a REIT under Sections 856 through 860 of 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 of 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 have elected to treat such subsidiaries as taxable REIT subsidiaries (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. Certain assets and liabilities are required to be carried at fair value, or if long-lived assets are deemed to be impaired, to be adjusted to reflect this condition. The guidance requires disclosure of fair values calculated under each level of inputs within the following hierarchy: 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, accounts receivable and payables and accrued liabilities all approximate fair value due to their short term nature. Management believes that the recorded and fair values of notes payable are approximately the carrying value of December 31, 2015 and 2014. Sales of Real Estate Assets . Gains from the sale of real estate assets are not recognized under the full accrual method until certain criteria are met. Gain or loss (the difference between the sales value and the cost of the real estate sold) shall be recognized at the date of sale if a sale has been consummated and the following criteria are met: a. The buyer is independent of the seller; b. Collection of the sales price is reasonably assured; and c. The seller is not required to support the operations of the property or its related obligations to an extent greater than its proportionate interest. Gains relating to transactions which do not meet the criteria for full accrual method of accounting are deferred and recognized when the full accrual method of accounting criteria are met or by using the installment or deposit methods of profit recognition, as appropriate in the circumstances. Revenue Recognition. The Company recognizes revenue from rent, tenant reimbursements, and other revenue once all of the following criteria are met: a. Persuasive evidence of an arrangement exists; b. Delivery has occurred or services have been rendered; c. The amount is fixed or determinable; and d. The collectability of the amount is reasonably assured. Annual rental revenue is recognized in rental revenues on a straight-line basis over the term of the related lease. Estimated recoveries from certain tenants for their pro rata share of real estate taxes, insurance and other operating expenses are recognized as revenues in the period the applicable expenses are incurred or as specified in the leases. Other tenants pay a fixed rate and these tenant recoveries are recognized as revenue on a straight-line basis over the term of the related leases. Certain of the Company’s leases currently contain rental increases at specified intervals. The Company records as an asset, and include in revenues, deferred rent receivable that will be received if the tenant makes all rent payments required through the expiration of the initial term of the lease. Deferred rent receivable in the accompanying balance sheets includes the cumulative difference between rental revenue recorded on a straight-line basis and rents received from the tenants in accordance with the lease terms. Accordingly, Management determines to what extent the deferred rent receivable applicable to each specific tenant is collectible. The Company reviews material deferred rent receivable and takes into consideration the tenant’s payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. In the event that the collectability of deferred rent with respect to any given tenant is in doubt, we record an increase in the allowance for uncollectible accounts, the Company records a direct write-off of the specific rent receivable. No such reserves related to deferred rent receivables have been recorded as of December 31, 2015 or 2014. Loss per common share. Basic loss per common share (Basic EPS) is computed by dividing net loss available to common shareholders (Numerator) by the weighted average number of common shares outstanding (Denominator) during the period. Diluted loss per common share (Diluted EPS) is similar to the computation of Basic EPS except that the Denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued. In addition, in computing the dilutive effect of convertible securities, the Numerator is adjusted to add back the after-tax amount of interest recognized in the period associated with any convertible debt. The computation of Diluted EPS does not assume exercise or conversion of securities that would have an anti-dilutive effect on net earnings per share Basic and diluted net loss per share are equivalent because the Company has incurred a net loss in all periods presented causing any potentially dilutive securities to be anti-dilutive. Dilutive securities include non-vested restricted shares issued under the Company’s share-based incentive plan, shares issuable under certain of the Company’s partnership arrangements and (for 2013) shares issuable under stock purchase warrants. The calculation of net loss per share excludes dilutive securities totaling 722,019 and 701,51 shares for the years ended December 31, 2015 and 2014, respectively. Subsequent Events. Management has evaluated subsequent events through the date that the accompanying financial statements were filed with the Securities and Exchange Commission (“SEC”) for transactions and other events which may require adjustment of and/or disclosure in such financial statements. Reclassifications. Certain reclassifications have been made to the prior year’s consolidated financial statements to conform to the current year presentation. These reclassifications had no effect on previously reported results of consolidated operations or equity. Recently Issued Accounting Pronouncements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU No. 2016-02”). The amendments in ASU No. 2016-02 changes the existing accounting standards for lease accounting, including requiring lessees to recognize most leases on their balance sheets and making targeted changes to lessor accounting. ASU No. 2016-02 is effective for annual periods beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption of ASU No. 2016-02 as of its issuance is permitted. The new leases standard requires a modified retrospective transition approach for all leases existing at, or entered into after, the date of initial application, with an option to use certain transition relief. The Company is currently evaluating the impact of adopting the new leases standard on its consolidated financial statements. In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805), Simplifying the Accounting for Measurement-Period Adjustments (“ASU No. 2015-16”). ASU No. 2015-16 eliminates the requirement that an acquirer in a business combination account for measurement-period adjustments retrospectively. Instead, an acquirer will recognize a measurement-period adjustment during the period in which it determines the amount of the adjustment, including the effect on earnings of any amounts it would have recorded in previous periods if the accounting had been completed at the acquisition date. ASU No. 2015-16 is effective for fiscal years, and interim periods within these fiscal years, beginning after December 15, 2015, with early adoption permitted. The Company does not expect the adoption of ASU No. 2015-16 to have a significant impact on its consolidated financial statements. In April 2015, the FASB issued an ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs (“ASU No. 2015-03 . The amendments in ASU No. 2015-03 require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The Company does not expect the adoption of ASU No. 2015-03 to have a significant impact on its consolidated financial statements. In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements (Subtopic 205-40), Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU No. 2014-15”). The amendments in ASU No. 2014-15 require management to evaluate, for each annual and interim reporting period, whether there are conditions or events, considered in the aggregate, that raise substantial doubt about an entity’s ability to continue as a going concern within one year after the date that the financial statements are issued (or are available to be issued when applicable) and, if so, provide related disclosures. ASU No. 2014-15 is effective for annual periods ending after December 15, 2016, and interim periods within annual periods beginning after December 15, 2016. Early adoption is permitted for annual or interim reporting periods for which the financial statements have not previously been issued. We believe the adoption of this guidance will not have a material effect on income from operations or the Company’s financial position. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue Recognition Leases

Recent Real Estate Transactions

Recent Real Estate Transactions	12 Months Ended
	Dec. 31, 2015
Real Estate [Abstract]
Recent Real Estate Transactions	3. RECENT REAL ESTATE TRANSACTIONS During 2015, the Company acquired the following properties: · On December 24, 2015, the Company acquired a four story, 121,399 square foot office building located in Highlands Ranch, Colorado for a purchase price of approximately $25.3 million. The building was 100% occupied at the date of acquisition. · On August 28, 2015, the Company acquired a four story, 69,200 square foot office building located in Westminster, Colorado for a purchase price of approximately $9.1 million. The building was approximately 96% occupied at the date of acquisition. · On August 26, 2015, the Company acquired a four story 93,000 square foot office building located in Centennial, Colorado for a purchase price of approximately $13.1 million. The building was approximately 97% occupied on the date of acquisition. · On August 13, 2015, the Company acquired a single story 10,700 square foot retail building located adjacent to the Union Town Center building already owned by the Company in Colorado Springs, Colorado for a purchase price of approximately $2.9 million. The building was 100% occupied at the date of acquisition. · On August 8, 2015, the Company acquired a two story 36,500 square foot office building in Fargo, North Dakota for a purchase price of $3.9 million. The building was 86.4% occupied at the date of acquisition. · On August 8, 2015, the Company acquired seven single story 152,154 square foot industrial/flex buildings in West Fargo, North Dakota for a purchase price of approximately $7.9 million. The buildings were 97.6% occupied at the date of acquisition. The Model Home Partnerships and Limited Liability Company acquired seventeen Model Home properties and leased them back to the home builders. The purchase price for the properties totaled $5.7 million. The Company allocated the purchase price of the properties acquired during 2015 as follows: Buildings Tenant Leases Leasing Total Property Land and Other Improvements in Place (1) Costs Purchase Shea Center II $ 2,213,734 $ 19,344,132 $ 2,336,066 $ 809,110 $ 621,958 $ 25,325,000 One Park Centre 1,205,552 7,047,875 274,591 366,121 255,861 9,150,000 Highland Court 3,608,028 6,939,286 1,412,097 621,323 469,266 13,050,000 Research Parkway 407,722 2,283,689 38,022 50,300 70,267 2,850,000 300 N.P. 135,430 3,429,097 53,272 127,852 104,349 3,850,000 West Fargo Industrial 1,693,035 6,021,666 3,166 99,595 83,038 7,900,500 Model Homes Properties 797,000 4,930,092 — — — 5,727,092 $ 10,060,501 $ 49,995,837 $ 4,117,214 $ 2,074,301 $ 1,604,739 $ 67,852,592 (1) Leases in place include intangible assets and liabilities related to above and below market rents, net. For the year ended December 31, 2015, the Company recognized an aggregate of $1.8 million of total revenues and an aggregate of $666,000 of operating expenses from these properties. On April 10, 2015, the Company sold 100% of the Sparky’s Self-Storage Portfolio. The net sales price was approximately $34 million and approximately $16.9 million in mortgage notes payable were repaid in connection the sale. The Company recognized a gain on sale of approximately $4.7 million. On April 24, 2015, the Company sold a parcel of land and its building at the Yucca Valley Retail Center for approximately $1.5 million and recognized a gain of approximately $1.0 million. During the year ended December 31, 2015, NetREIT Dubose and the other Model Home entities disposed of five Model Home properties. The sales price, net of selling costs, aggregated to approximately $2.7 million and approximately $1.1 million in mortgage notes payable were repaid in connection with these sales. The Company recognized a gain of $473,000 related to the sale of these Model Homes.

Real Estate Assets

Real Estate Assets	12 Months Ended
	Dec. 31, 2015
Real Estate Assets [Abstract]
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, retail, and NNN leased residential properties located primarily in Southern California and Colorado, with four properties located in North Dakota. Our model home properties are located in ten states. As of December 31, 2015, the Company owned or had an equity interest in: · Eighteen office buildings and two industrial building (“Office/Industrial Properties”) which total approximately 1,614,000 rentable square feet, · Six retail shopping centers (“Retail Properties”) which total approximately 236,000 rentable square feet, · Sixty-four model homes owned by three affiliated limited partnerships and one limited liability company (“Residential Properties”). The Company’s real estate assets consisted of the following as of December 31, 2015 and 2014: Real Estate Assets Owned (000s) Property Name Date Acquired Location 2015 2014 Havana/Parker Complex June 2006 Aurora, CO $ 2,093 $ 2,269 Garden Gateway Plaza March 2007 Colorado Springs, CO 11,808 12,120 World Plaza September 2007 San Bernardino, CA 6,653 6,834 Regatta Square October 2007 Denver, CO 1,859 1,897 Sparky’s Palm Self-Storage November 2007 Highland, CA — 4,266 Sparky’s Joshua Self-Storage December 2007 Hesperia, CA — 6,661 Executive Office Park July 2008 Colorado Springs, CO 8,227 8,274 Waterman Plaza August 2008 San Bernardino, CA 5,877 5,995 Pacific Oaks Plaza September 2008 Escondido, CA 4,213 4,291 Morena Office Center January 2009 San Diego, CA 5,269 5,461 Rangewood Medical Office Building March 2009 Colorado Springs, CO 2,306 2,361 Sparky’s Thousand Palms Self-Storage August 2009 Thousand Palms, CA — 5,365 Sparky’s Hesperia East Self-Storage December 2009 Hesperia, CA — 2,376 Sparky’s Rialto Self-Storage May 2010 Rialto, CA — 4,681 Genesis Plaza August 2010 San Diego, CA 8,398 8,613 Dakota Bank Buildings May 2011 Fargo, ND 10,452 10,027 Yucca Valley Retail Center September 2011 Yucca Valley, CA 7,190 8,044 Sparky’s Sunrise Self-Storage December 2011 Hesperia, CA — 2,142 Port of San Diego Complex December 2011 San Diego, CA 13,971 13,954 Shoreline Medical Building May 2012 Half Moon Bay, CA 5,856 5,994 The Presidio November 2012 Colorado Springs, CO 6,643 6,684 Sparky’s Lancaster Self-Storage May 2013 Lancaster, CA — 3,616 Bismarck Office Building March 2014 Fargo, ND 4,904 4,970 Union Terrace Building August 2014 Lakewood, CO 8,607 9,032 Centennial Tech Center December 2014 Colorado Springs, CO 14,755 15,540 Arapahoe Service Center December 2014 Centennial, CO 11,301 11,873 Union Town Center December 2014 Colorado Springs, CO 10,941 11,268 Research Parkway August 2015 Colorado Springs, CO 2,875 — West Fargo Industrial, West Fargo, ND August 2015 West Fargo, ND 7,833 — 300 N.P., West Fargo, ND August 2015 West Fargo, ND 3,910 — Highland Court, Centennial CO August 2015 Centennial, CO 13,245 — One Park Centre, Westminster CO August 2015 Westminster, CO 9,050 — Shea Center II, Highlands Ranch, CO December 2015 Highlands Ranch, CO 25,961 — Subtotal - NetREIT, Inc. properties 214,197 184,608 Model Home properties 2009-2015 AZ, FL, IL, 16,889 13,589 Real estate assets and lease intangibles, net $ 231,086 $ 198,197

Lease Intangibles

Lease Intangibles	12 Months Ended
	Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]
Lease Intangibles	5. LEASE INTANGIBLES Lease intangibles consist of the following: As of December 31, 2015 As of December 31, 2014 Lease Accumulated Lease Intangibles, Lease Accumulated Lease Intangibles, Intangibles Amortization net Intangibles Amortization net In-place leases $ 6,903,882 $ (2,647,002 ) $ 4,256,880 $ 4,255,565 $ (1,842,782 ) $ 2,412,783 Leasing costs 4,816,858 (1,766,578 ) 3,050,280 3,228,415 (1,214,967 ) 2,013,448 Above-market leases 2,124,360 (1,415,762 ) 708,598 1,977,113 (1,202,821 ) 774,292 Tenant relationships — — — 332,721 (332,721 ) — Total $ 13,845,100 $ (5,829,342 ) $ 8,015,758 $ 9,793,814 $ (4,593,291 ) $ 5,200,523 Future aggregate amortization expense for the Company’s other intangible assets is as follows: $2,165,192 (2016), $1,652,832 (2017), $1,131,293 (2018), $913,181 (2019), $708,519 (2020) and $1,444,741 (thereafter). The weighted average amortization period for the intangible assets as of December 31, 2015 was approximately 4.5 years. Lease incentives are amortized over the term of the related lease and included as a reduction of rental income in the statement of income.

Real Estate Held For Sale and D

Real Estate Held For Sale and Discontinued Operations	12 Months Ended
	Dec. 31, 2015
Discontinued Operations And Disposal Groups [Abstract]
Real Estate Held For Sale and Discontinued Operations	6. REAL ESTATE HELD FOR SALE AND DISCONTINUED OPERATIONS Discontinued operations for the years ended December 31, 2015 and 2014 include the operations of its Sparky’s Self-Storage Portfolio located in Southern California, which was sold to an unrelated party on April 10, 2015. The following summary presents the major components of real estate held for sale and liabilities related to real estate held for sale as of: December 31, December 31, 2015 2014 Real estate assets $ — $ 32,637,520 Less: accumulated depreciation — (3,529,845 ) Real estate assets, net — 29,107,675 Other assets — 895,831 Total assets $ — $ 30,003,506 Mortgage notes payable — 16,932,524 Other liabilities — 508,955 Total liabilities $ — $ 17,423,479 The following table summarizes certain revenue and expenses related to these properties for the years ended December 31: For the Years Ended December 31, 2015 2014 Rental revenues $ 940,048 $ 3,080,387 Fee and other income 112,218 348,116 Rental operating expenses (595,832 ) (1,716,379 ) Depreciation (165,646 ) (666,119 ) Interest expense (422,163 ) (883,647 ) Gain on sale of real estate 4,730,398 (156,651 ) Discontinued operations before non-controlling interests $ 4,599,023 $ 5,707

Other Assets

Other Assets	12 Months Ended
	Dec. 31, 2015
Other Assets [Abstract]
Other Assets	7. OTHER ASSETS Other assets consist of the following: As of December 31, 2015 2014 Deferred rent receivable $ 2,097,623 $ 1,499,113 Notes receivable 920,216 920,216 Raw land 900,000 900,000 Prepaid expenses, deposits and other 758,173 543,390 Accounts receivable, net 683,446 362,727 Other intangibles, net 536,533 617,432 Total other assets $ 5,895,991 $ 4,842,878

Mortgage Notes Payable

Mortgage Notes Payable	12 Months Ended
	Dec. 31, 2015
Mortgage Loans On Real Estate [Abstract]
Mortgage Notes Payable	8. MORTGAGE NOTES PAYABLE Mortgage notes payable consisted of the following: Principal as of December 31, Loan Interest Mortgage note property Notes 2015 2014 Type Rate (1) Maturity Waterman Plaza $ — $ 3,368,146 Fixed 6.50 % 9/1/2015 Havana/Parker Complex 2,500,000 2,500,000 Fixed 6.51 % 7/1/2016 Bismarck Office Building 3,252,016 3,321,198 Fixed 6.12 % 10/1/2016 Sparky's Rialto (2) — 2,119,037 Fixed 4.75 % 5/3/2018 Rangewood Medical Office Building 1,027,085 1,092,778 Fixed 4.95 % 1/1/2019 Regatta Square 1,183,473 1,214,799 Fixed 4.95 % 1/1/2019 Port of San Diego Complex 10,097,726 10,368,228 Fixed 4.75 % 3/5/2020 Garden Gateway Plaza 6,799,229 6,963,381 Fixed 5.00 % 4/5/2020 Sparky's Lancaster — 1,903,982 Fixed 5.00 % 6/1/2020 West Fargo Industrial 4,500,000 — Fixed 4.79 % 9/9/2020 Morena Office Center (3) 2,289,899 2,351,805 Fixed (reset) 4.50 % 1/1/2021 Pacific Oaks Plaza (3) 1,556,891 1,599,204 Fixed (reset) 4.50 % 6/1/2021 Shoreline Medical Building (3) 3,727,569 3,846,697 Fixed (reset) 5.10 % 6/1/2022 Highland Court 6,958,147 — Fixed 3.82 % 9/1/2022 Sparky's Palm, Joshua and Sunrise — 7,986,522 Fixed 4.70 % 12/6/2022 Sparky's Hesperia East (4) — 830,883 Variable 4.75 % 12/18/2022 Dakota Bank Buildings 10,825,201 10,993,386 Fixed 4.74 % 7/6/2024 Union Terrace Building 6,600,000 6,600,000 Fixed 4.50 % 9/5/2024 The Presidio 6,000,000 6,000,000 Fixed 4.54 % 12/1/2024 Centennial Tech Center 10,237,591 10,250,000 Fixed 4.34 % 12/5/2024 Arapahoe Service Center 8,500,000 8,500,000 Fixed 4.34 % 1/5/2025 Union Town Center 8,440,000 8,440,000 Fixed 4.28 % 1/5/2025 Yucca Valley Retail Center 6,000,000 2,982,411 Fixed 5.62 % 4/6/2025 Executive Office Park (5) 4,307,975 4,379,854 Fixed (reset) 5.80 % 7/1/2025 Genesis Plaza 6,500,000 4,491,588 Fixed 4.65 % 9/6/2025 One Park Centre 6,610,000 — Fixed 4.77 % 9/5/2025 Shea Center II 17,727,500 — Fixed 4.92 % 1/5/2026 Sparky’s Thousand Palms (6) — 4,092,100 Variable 5.50 % 3/1/2034 Subtotal, NetREIT, Inc. properties 135,640,302 116,195,999 Model Home mortgage notes 9,050,268 7,703,299 Fixed (7 ) 2015-2019 Mortgage Notes Payable, total $ 144,690,570 $ 123,899,298 (1) Interest rates as of December 31, 2015 ( 2 ) Interest subject to reset; thereafter, monthly payments of $11,982, including interest at rate indexed to 5-year Treasury Rate + 3%. (3) Interest rate subject to resetting on the 3r d and 6 th loan anniversary. ( 4 ) Interest at a variable rate indexed to the 5 year interest rate swap. (5) Interest rate is subject to reset on July 1, 2018. (6) Interest at variable rate ranging from 5.50%-10.50%. (7) Each Model Home has a standalone mortgage note at interest rates ranging from 4.9% to 5.8% (at December 31, 2015). The Company is in compliance with all conditions and covenants of its mortgage notes payable. Scheduled principal payments of mortgage notes payable are as follows: Principal Payments Scheduled Years Ending December 31: NetREIT, Inc. Notes Payable Model Homes Notes Payable Principal Payments 2016 7,245,568 901,272 8,146,840 2017 1,767,577 1,557,176 3,324,753 2018 5,973,359 1,581,239 7,554,598 2019 2,984,389 1,442,319 4,426,708 2020 2,276,109 3,568,262 5,844,371 Thereafter 115,393,300 - 115,393,300 Total $ 135,640,302 $ 9,050,268 $ 144,690,570 In December 2014, the Company and the lender for the Company’s Havana Parker Complex entered into to a loan modification agreement pursuant to which the lender agreed to reduce the outstanding loan balance from $3,037,000 to $2,500,000, and also agreed to defer a portion of the monthly interest until loan maturity. Under the modified agreement, interest only payments (at 2.5%) are due through July 1, 2016, at which time all principal and deferred interest is due. The Company has the option to defer loan maturity for one additional year in exchange for making a one-time payment of $100,000 (which will be applied to outstanding principal).

Series B Mandatorily Redeemable

Series B Mandatorily Redeemable Preferred Stock	12 Months Ended
	Dec. 31, 2015
Other Liabilities And Shares Subject To Mandatory Redemption [Abstract]
Series B Mandatorily Redeemable Preferred Stock	9. SERIES B MANDATORILY REDEEMABLE PREFERRED STOCK In August 2014, the Company closed on a private placement offering of its mandatorily redeemable Series B Preferred Stock. The financing, was to be funded in installments and planned to be completed no later than the one year anniversary of the initial investment. At the conclusion of the funding period, the Company expected to generate a total capital contribution of $40 million which was expected to be used for Series B Preferred investor approved property acquisitions. Certain specified management decisions must be approved in advance by the Series B Preferred investor and upon the occurrence of an event of default, the Preferred Stock investor has certain additional rights. As of December 31, 2015, the Company had issued 35,000 shares of its Series B Preferred Stock. The Company terminated the offering on December 24, 2015. The Company has classified the Series B Preferred Stock as a liability in accordance with ASC Topic No. 480, “ Distinguishing Liabilities from Equity The Series B preferred stock has a $0.01 par value and a $1,000 liquidation preference. The Series B preferred stock shall be redeemed through a cash payment of the face value of the shares outstanding at redemption. The preferred return on the funds invested is 14% (10% shall be paid on a monthly basis and the remaining 4% shall accrue and compound monthly payable beginning in February 2016). The Series B Preferred Stock is scheduled to be redeemed by the third anniversary of the closing date; however, the Company has the right to extend the redemption for up to two additional years. The Company incurred approximately $3.1 million in legal and underwriting costs related to this transaction. These costs have been recorded as deferred financing costs on the accompanying consolidated balance sheets and are being amortized over the term of the agreement. Amortization expense totaling approximately $951,000 and $380,000 was included in interest expense for the year ended December 31, 2015 and 2014, respectively, in the accompanying consolidated statement of operations.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	10. COMMITMENTS AND CONTINGENCIES Litigation. Environmental Matters. The Company monitors its properties for the presence of hazardous or toxic substances. While there can be no assurance that a material environmental liability does not exist, the Company is not currently aware of any environmental liability with respect to the properties that would have a material effect on the Company’s financial condition, results of operations and cash flow. Further, the Company is not aware of any environmental liability or any unasserted claim or assessment with respect to an environmental liability that the Company believes would require additional disclosure or recording of a loss contingency.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2015
Stockholders Equity Note [Abstract]
Stockholders' Equity	11. STOCKHOLDERS’ EQUITY Preferred Stock. The Company is authorized to issue up to 8,990,000 shares of preferred stock (the “Preferred Stock”). The Preferred Stock may be issued from time to time in one or more series. The Board of Directors is authorized to fix the number of shares of any series of the Preferred Stock, to determine the designation of any such series, and to determine or alter the rights granted to or imposed upon any wholly unissued series of preferred stock including the dividend rights, dividend rate, conversion rights, voting rights, redemption rights (including sinking fund provisions), redemption price, and liquidation preference. The Board of Directors authorized the original issuance of 1,000,000 shares of the Preferred Stock as Series AA Convertible Preferred Stock (“Series AA”). Each share of Series AA (i) is non-voting, except under certain circumstances as provided in the Articles of Incorporation; (ii) is entitled to annual cash dividends of 7% which are cumulative and payable quarterly; (iii) ranks senior, as to the payment of dividends and distributions of assets upon liquidation, to common stock or any other series of preferred stock that is not senior to or on parity with the Series AA; (iv) is entitled to receive $25.00 plus accrued dividends upon liquidation; (v) may be redeemed by the Company prior to the mandatory conversion date at a price of $25.00 plus accrued dividends, and (vi) may be converted into two shares of common stock at the option of the holder prior to the mandatory conversion date. The conversion price is subject to certain anti-dilution adjustments. The Company has not issued any shares of this preferred stock. Convertible 6.3% Preferred Stock. In December 2011, the Company issued 1,649 shares of Series 6.3% Convertible Preferred Stock to the NetREIT National City Partnership, LP (an entity that was included in the consolidated financial statements). The terms of this stock provided for cumulative dividends at the rate of 6.3% per annum, payable on a quarterly basis in arrears subject to declaration by the Board of Directors. The convertible series 6.3% preferred stock was redeemed at its $1.6 million face value in August 2014. Common Stock. The Company is authorized to issue up to 100,000,000 shares of Series A Common Stock (“Common Stock”) $0.01 par value and 1,000 shares of Series B Common Stock $0.01 par value. The Common Stock and the Series B Common Stock have identical rights, preferences, terms and conditions except that the Series B Common Stockholders are not entitled to receive any portion of Company assets in the event of Company liquidation. There have been no Series B Common Stock shares issued. Each share of Common Stock entitles the holder to one vote. The Common Stock is not subject to redemption and it does not have any preference, conversion, exchange or pre-emptive rights. The articles of incorporation contain a restriction on ownership of the Common Stock that prevents one person from owning more than 9.8% of the outstanding shares of common stock. In October 2006, the Company commenced a private placement offering of its common stock. Through December 31, 2011 when the offering was terminated, the Company conducted a self-underwritten private placement offering and sale of 20,000,000 shares of its common stock at a price of $10 per share. This offering was made only to accredited investors (and up to thirty-five non-accredited investors) pursuant to an exemption from registration provided by Section 4(2) and Rule 506 of Regulation D under the Securities Act of 1933, as amended. No public or private market currently exists for the securities sold under this offering. The Company ceased raising capital under this private placement offering effective December 31, 2011. Cash Dividends. During the years ended December 31, 2015 and 2014, the Company paid cash dividends, net of reinvested stock dividends, of $4,124,000, and $4,803,000, respectively, or at a rate of $0.400 and $0.471, respectively, per share on an annualized basis. The Company paid cash dividends on its Convertible Series 6.3% Preferred Stock of approximately $0 and $65,000 during the years ended December 31, 2015 and 2014, respectively. The dividends were paid to a subsidiary that is consolidated into the condensed consolidated financial statements of the Company and, as a result, have been eliminated in consolidation. The Company redeemed these shares during 2014. Dividend Reinvestment Plan. The Company has adopted a distribution reinvestment plan that allows stockholders to have dividends or other distributions otherwise distributable to them invested in additional shares of Company common stock. The Company has registered 1,500,000 shares of common stock pursuant to the dividend reinvestment plan. The dividend reinvestment plan became effective on January 23, 2012. The purchase price per share is 95% of the price the Company was formerly selling its shares for $9.50 per share. No sales commission or dealer manager fee will be paid on shares sold through the dividend reinvestment plan. The Company may amend, suspend or terminate the Plan at any time. Any such amendment, suspension or termination will be effective upon a designated dividend record date and notice of such amendment, suspension or termination will be sent to all Participants at least thirty (30) days prior to such record date. As of December 31, 2015, the third year under the plan, approximately $13.9 million, or approximately 1,465,000 shares of common stock have been issued under the dividend reinvestment plan to date. Limited Partnerships. In October 2009, NetREIT and five former tenants in common of Casa Grande Apartments and Palm Self-Storage contributed their respective ownership interests in these properties into NetREIT Casa Grande LP and NetREIT Palm LP. In exchange for the contribution of property, the owners became limited partners of these partnerships and NetREIT became the general partner. The partners have an option to exchange their equity interest in the partnership for up to 457,028 shares of Company common stock at a conversion price equal to $8.44 per share. The Company has a put option to convert the partner’s equity interests in these limited partnerships to shares of Company common stock at $8.44 per share for up to 457,028 shares. In February 2010, NetREIT and a former tenant in common of Garden Gateway Plaza contributed their respective ownership interests in these properties into NetREIT Garden Gateway LP. In exchange for the contribution of property the owners became limited partner of this partnership, and NetREIT became the general partner. The partner has an option to exchange its equity interest in the partnership for up to 105,000 shares of Company common stock at a conversion price equal to $9.52 per share. The Company has a put option to convert the partner’s equity interests in this limited partnership to shares of Company common stock at $9.52 per share for up to 105,000 shares.

Share Based Incentive Plan

Share Based Incentive Plan	12 Months Ended
	Dec. 31, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share Based Incentive Plan	12. SHARE-BASED INCENTIVE PLAN The Company established a Restricted Stock plan (“Restricted Stock”) in December 2006 for the purpose of attracting and retaining officers, key employees and non-employee board members. Share awards vest in equal annual instalments over a three or five year period from date of issuance. Non-vested shares have voting rights and are eligible for any dividends paid to common shares. The Company recognized compensation cost for these fixed awards over the service vesting period, which represents the requisite service period, using the straight-line method. The value of non-vested shares was calculated based on the offering price of the shares in the most recent private placement offering of $10.00, adjusted for stock dividends since granted and assumed selling costs (currently $8.60), which management believes approximates fair market value as of the date of grant. A summary of the activity for the Company’s restricted shares was as follows: Outstanding shares: Common Shares Balance at December 31, 2014 101,890 Granted 79,162 Vested (54,051 ) Cancelled (4,613 ) Balance at December 31, 2015 122,388 The non-vested restricted shares outstanding as of December 31, 2015 will vest over the next one to ten years. The value of non-vested Restricted Stock granted during the years ended December 31, 2015 and 2014 was approximately $1,036,000 and $876,000, respectively. Share-based compensation expense for the years ended December 31, 2015 and 2014 was approximately $465,000 and $456,000, respectively.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	13. RELATED PARTY TRANSACTIONS The Company leases a portion of its corporate headquarters at Pacific Oaks Plaza in Escondido, California to an entity 100% owned by the Company’s Chairman and Chief Executive Officer and another related party. Total rents charged and paid by this affiliate was approximately $36,000 and $36,000 for the years ended December 31, 2015 and 2014, respectively. In January 2014, the former limited partner of NetREIT 01, LP, a consolidated subsidiary of the Company (the "Partnership") that owns the Presidio, exercised its option to convert approximately 52.8% of its ownership interests in the Partnership in exchange for approximately 21,000 shares of Company common stock. After conversion, the Company’s interest in the Partnership increased to approximately 89%. The Company purchased these shares from the limited partner at a price that was determined when the Partnership was formed, which, adjusted for stock dividends, was $7.858 per share. The stock purchase transaction was subject to the Company's related party transaction policy, which required a review of the transaction by the non-interested parties of the Audit Committee and a subsequent vote by the Company's Board of Directors (and was formally approved in December 2013). Effective April 2014, the former limited partner elected to convert all of its remaining interest in the Partnership in exchange for 18,807 shares of Company common stock. The Company bought these shares back in January 2015 for an aggregate purchase price of approximately $148,000. The limited partner of NetREIT 01, LP is the Allen Trust DTD 7-9-1999. William H. Allen, a Director of the Company and Chairman of the Audit Committee, is a beneficiary and a trustee of the trust. The Partnership was formed approximately one year before Mr. Allen became a Board Member.

Segments

Segments	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Segments	14. SEGMENTS The Company’s reportable segments consist of the four types of commercial real estate properties for which the Company’s decision-makers internally evaluate operating performance and financial results: Office/Industrial Properties, Retail Properties; and Self-Storage Properties. During the year ended December 31, 2015, the Company sold all of its Self-Storage Properties. The Company also has certain corporate level activities including accounting, finance, legal administration and management information systems which are not considered separate operating segments. The accounting policies of the reportable segments are the same as those described in Note 2. There is no intersegment activity. 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) less 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, 2015 and 2014, respectively. Year Ended December 31, 2015 2014 Office/ Industrial Properties: Rental income $ 18,497,621 $ 11,800,836 Property and related expenses (7,170,550 ) (4,769,577 ) Asset impairment — (950,000 ) Net operating income, as defined 11,327,071 6,081,259 Residential Properties: Rental income 1,521,148 2,065,327 Property and related expenses (63,875 ) (102,082 ) Net operating income, as defined 1,457,273 1,963,245 Retail Properties: Rental income 3,960,076 2,607,744 Property and related expenses (1,280,726 ) (877,620 ) Net operating income, as defined 2,679,350 1,730,124 Self-Storage Properties: Rental income 1,052,266 3,428,503 Property and related expenses (1,183,641 ) (3,266,145 ) Net operating income, as defined (131,375 ) 162,358 Reconciliation to net loss: Total net operating income, as defined, for reportable segments 15,332,319 9,936,986 Unallocated other income (expense): General and administrative expenses (5,193,888 ) (5,555,449 ) Depreciation and amortization (7,784,917 ) (5,383,266 ) Interest expense (10,774,660 ) (5,595,329 ) Interest income 150,008 85,806 Gain on sales of real estate, net 6,243,640 5,120,699 Gain on extinguishment of debt — 536,952 Net loss $ (2,027,498 ) $ (853,601 ) Assets by Reportable Segment: As of December 31, 2015 2014 Office/ Industrial Properties: Land, buildings and improvements, net (1) $ 178,776,776 $ 122,351,316 Total assets (2) $ 190,857,259 $ 130,184,998 Residential Properties: Land, buildings and improvements, net (1) $ 16,888,267 $ 13,133,827 Total assets (2) $ 14,395,904 $ 13,588,922 Retail Properties: Land, buildings and improvements, net (1) $ 35,395,235 $ 33,141,294 Total assets (2) $ 36,747,069 $ 34,712,223 Self-Storage Properties: Land, buildings and improvements, net (1) $ — $ 29,107,675 Total assets (2) $ — $ 30,003,506 Reconciliation to total assets: Total assets for reportable segments $ 242,000,232 $ 208,489,649 Other unallocated assets: Cash and cash equivalents 6,626,423 5,636,002 Other assets, net 9,306,036 6,499,287 Total assets $ 257,932,691 $ 220,624,938 (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. Capital expenditures by Reportable Segment:(1) Year Ended December 31, 2015 2014 Office/Industrial Properties: Acquisition of operating properties $ 59,223,876 $ 42,125,000 Capital expenditures and tenant improvements $ 2,793,850 $ 2,123,438 Residential Properties: Acquisition of operating properties $ 5,720,540 $ 5,726,700 Retail Properties: Acquisition of operating properties $ 2,908,176 $ 11,211,669 Capital expenditures and tenant improvements $ 54,839 $ 359,473 Self Storage Properties: Capital expenditures and tenant improvements $ 6,250 $ 84,116 Totals: Acquisition of operating properties, net $ 67,852,592 $ 59,063,369 Capital expenditures and tenant improvements 2,854,939 2,567,027 Total real estate investments $ 70,707,531 $ 61,630,396 (1) Total consolidated capital expenditures are equal to the same amounts disclosed for total reportable segments.

Pro Forma Financial Information

Pro Forma Financial Information (Unaudited)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Pro Forma Financial Information	15. PRO FORMA FINANCIAL INFORMATION (UNAUDITED) The following table summarizes, on an unaudited pro forma basis, the combined results of operations of the Company for the years ended December 31, 2015 and 2014. The Company acquired five properties during the quarter ended September 30, 2015. The following unaudited pro forma information for the years ended December 31, 2015 and December 31, 2014 has been prepared to give effect to the operations as if the acquisitions had occurred on January 1, 2014. This pro forma information does not purport to represent what the actual results of operations of the Company would have been had these acquisitions occurred on this date, nor does it purport to predict the results of operations for future periods. Year Ended December 31, 2015 2014 Revenues $ 4,655,215 $ 4,234,510 Total operating expenses 1,841,705 1,918,842 Net income $ 2,813,510 $ 2,315,668 Net loss attributable to NetREIT, Inc. common stockholders $ (168,244 ) $ (579,296 )

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	16. SUBSEQUENT EVENTS On December 31, 2015, the Company’s Board of Directors declared a distribution in the amount of $0.10 per common share of common stock to stockholders of record as of the close of business on December 31, 2015. The Company paid this distribution on February 12, 2016.

Schedule III - Real Estate and

Schedule III - Real Estate and Accumulated Depreciation and Amortization	12 Months Ended
	Dec. 31, 2015
Real Estate And Accumulated Depreciation Disclosure [Abstract]
SEC Schedule III, Real Estate and Accumulated Depreciation and Amortization Disclosure	NetREIT, Inc. and Subsidiaries Schedule III - Real Estate and Accumulated Depreciation and Amortization – as of December 31, 2015 All amounts are in thousands Initial Cost Total Cost Property Name/ Location Loan Balance Land Cost Building and Improvements Acquisition Price Capitalized Improvements Land Cost Building & Improvements Total Cost Accumulated Depreciation Reserve for Impairment NBV Real Estate Havana Parker, Aurora , CO $ 2,500 $ 1,023 $ 4,806 $ 5,829 2,603 1,023 7,409 $ 8,432 $ 2,889 $ 3,450 $ 2,093 Garden Gateway, CO Springs, CO 6,799 3,035 12,091 15,126 1,335 3,035 13,426 16,461 4,653 — 11,808 Executive Park, CO Springs, CO 4,308 1,266 8,815 10,081 386 1,266 9,201 10,467 2,240 — 8,227 Pacific Oaks Plaza, Escondido, CA 1,557 980 3,868 4,848 143 980 4,011 4,991 780 — 4,211 Morena Center, San Diego, CA 2,289 1,333 5,203 6,536 707 1,333 5,910 7,243 1,474 500 5,269 Genesis Plaza, San Diego, CA 6,500 1,400 8,600 10,000 805 1,400 9,405 10,805 2,407 — 8,398 Dakota Center, Fargo, ND 10,825 832 8,743 9,575 2,752 832 11,495 12,327 1,875 — 10,452 Rangewood Medical, CO Springs 1,027 572 2,058 2,630 384 572 2,442 3,014 707 — 2,307 Shoreline Medical, Half Moon Bay 3,728 1,820 4,530 6,350 — 1,820 4,530 6,350 494 — 5,856 Port of San Diego Complex, SD, CA 10,098 9,613 4,887 14,500 700 9,613 5,587 15,200 1,230 — 13,970 The Presidio, CO Springs, CO 6,000 1,325 5,950 7,275 553 1,325 6,503 7,828 1,185 — 6,643 Bismarck Building, Bismarck, ND 3,252 413 4,926 5,339 419 413 5,345 5,758 854 — 4,904 Union Terrace, Lakewood, CO 6,600 1,717 7,708 9,425 329 1,717 8,037 9,754 1,147 — 8,607 Centennial Tech Center, CO 10,238 2,025 13,475 15,500 48 2,025 13,523 15,548 792 — 14,756 Arapahoe Service Center, CO Springs 8,500 1,420 10,430 11,850 29 1,420 10,459 11,879 578 — 11,301 West Fargo Industrial 4,500 1,693 6,207 7,900 26 1,693 6,233 7,926 94 — 7,832 300 N.P. — 135 3,715 3,850 116 135 3,831 3,966 57 — 3,909 Highland Court 6,958 3,608 9,442 13,050 474 3,608 9,916 13,524 279 — 13,245 One Park Centre 6,610 1,206 7,944 9,150 141 1,206 8,085 9,291 241 — 9,050 Shea Center II 17,728 2,214 23,747 25,961 — 2,214 23,747 25,961 — — 25,961 Total Office/ Industrial properties $ 120,017 $ 37,630 $ 157,145 $ 194,775 $ 11,950 $ 37,630 $ 169,095 $ 206,725 $ 23,976 $ 3,950 $ 178,799 World Plaza , San Bernardino, CA — 1,698 6,232 7,930 682 1,698 6,914 8,612 1,959 — 6,653 Regatta Square, Denver, CO 1,184 811 1,369 2,180 71 811 1,440 2,251 392 — 1,859 Waterman Plaza, San Bernardino, CA — 2,350 4,814 7,164 81 2,350 4,895 7,245 1,068 300 5,877 Yucca Retail Ctr, Yucca Valley, CA 6,000 2,811 5,175 7,986 619 2,811 5,794 8,605 1,415 — 7,190 Union Town Center, CO Springs, CO 8,440 1,750 9,462 11,212 153 1,750 9,615 11,365 424 — 10,941 Research — 408 2,442 2,850 61 408 2,503 2,911 33 — 2,878 Total Retail properties $ 15,624 $ 9,828 $ 29,494 $ 39,322 $ 1,667 $ 9,828 $ 31,161 $ 40,989 $ 5,291 $ 300 $ 35,398 Model Homes -NDMHR, LP 4,804 1,417 7,983 9,400 — 1,417 7,983 9,400 472 — 8,928 Model Homes -DMH LP #201 860 287 1,337 1,624 — 287 1,337 1,624 94 — 1,530 Model Homes-DMH LP #202 2,508 796 4,236 5,032 — 796 4,236 5,032 106 — 4,926 Model Homes-NTMH LLC 878 217 1,311 1,528 — 217 1,311 1,528 23 — 1,505 Total Model Home properties 9,050 2,717 14,867 17,584 — 2,717 14,867 17,584 695 — 16,889 — CONSOLIDATED TOTALS: $ 144,691 $ 50,175 $ 201,506 $ 251,681 $ 13,617 $ 50,175 $ 215,123 $ 265,298 $ 29,962 $ 4,250 $ 231,086 F-1

Significant Accounting Polici24

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation. The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) as contained within the Financial Accounting Standards Board (“FASB”) Accounting Standards Codication (“ASC”).
Principles of Consolidation	Principles of Consolidation . The accompanying consolidated financial statements include the accounts of NetREIT and its subsidiaries, NetREIT Advisors, LLC and Dubose Advisors LLC (collectively, the “Advisors”), and NetREIT Dubose Model Home REIT, Inc. The consolidated financial statements also include the results of the NetREIT Partnerships, the Model Home Partnerships and NetREIT National City Partners, LP. As used herein, references to the “Company” include references to NetREIT, its subsidiaries, the Advisors, the Partnerships and the Income Funds. All significant intercompany balances and transactions have been eliminated in consolidation. The Company classifies the noncontrolling interests in the NetREIT Partnerships as part of consolidated net loss in 2015 and 2014, and includes the accumulated amount of noncontrolling interests as part of equity from the NetREIT Entities 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 . The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Significant estimates include the allocation of purchase price paid for property acquisitions between land, building and intangible assets acquired including their useful lives; valuation of long-lived assets, and the allowance for doubtful accounts, which is based on an evaluation of the tenants’ ability to pay. Actual results may differ from those estimates.
Real Estate Asset Acquisitions	Real Estate Assets and Lease Intangibles. Land, buildings and improvements are recorded at cost, including tenant improvements and lease acquisition costs (including leasing commissions, space planning fees, and legal fees). The Company capitalizes any expenditure that replaces, improves, or otherwise extends the economic life of an asset, while ordinary repairs and maintenance are expensed as incurred. The Company allocates the purchase price of acquired properties between the acquired tangible assets and liabilities (consisting of land, building, tenant improvements, land purchase options, and long-term debt) and identified intangible assets and liabilities (including the value of above-market and below-market leases, the value of in-place leases, unamortized lease origination costs and tenant relationships), based in each case on their respective fair values. 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 (reduction) in rental income of approximately $44,000 and $(156,000) for the years ended December 31, 2015 and 2014, respectively. The value of in-place leases and unamortized lease origination costs are amortized to expense over the remaining term of the respective leases, which range from less than a year to ten years. The amount allocated to acquire in-place leases is determined based on management’s assessment of lost revenue and costs incurred for the period required to lease the “assumed vacant” property to the occupancy level when purchased. The amount allocated to unamortized lease origination costs is determined by what the Company would have paid to a third party to secure a new tenant reduced by the expired term of the respective lease. The amount allocated to tenant relationships is the benefit resulting from the likelihood of a tenant renewing its lease. Amortization expense related to these assets was approximately $839,000 and $456,000 for years ended December 31, 2015 and 2014, respectively.
Real Estate Held for Sale and Discontinued Operations	Real Estate Held for Sale and Discontinued Operations. Real estate sold during the current period is classified as “real estate held for sale” for all prior periods presented in the accompanying condensed consolidated financial statements. Mortgage notes payable related to the real estate sold during the current period is classified as “notes payable related to real estate held for sale” for all prior periods presented in the accompanying condensed consolidated financial statements. Additionally, the Company records the operating results related to real estate that has been disposed of as discontinued operations for all periods presented if the operations have been eliminated and the Company will not have any significant continuing involvement in the operations of the property following the sale.
Impairment of Real Estate Assets	Impairment of Real Estate Assets. The Company reviews the carrying value of each property to determine if circumstances that indicate impairment in the carrying value of the investment exist or that depreciation periods should be modified. If circumstances support the possibility of impairment, the Company prepares a projection of the undiscounted future cash flows, without interest charges, of the specific property and determines if the investment in such property is recoverable. If impairment is indicated, the carrying value of the property is written down to its estimated fair value based on the Company’s best estimate of the property’s discounted future cash flows.. During 2014, the Company determined that an additional impairment existed in one of its properties and, as a result, recorded an asset impairment of $950,000. There were no impairments during 2015.
Intangible Assets	Intangible Assets . Intangible assets, including goodwill and lease intangibles, are comprised of finite-lived and indefinite-lived assets. Lease intangibles represents the allocation of a portion of the purchase price of a property acquisition representing the estimated value of in-place leases, unamortized lease origination costs, tenant relationships and land purchase options. Intangible assets that are not deemed to have an indefinite useful life are amortized over their estimated useful lives. Indefinite-lived assets are not amortized. Amortization expense of intangible assets that are not deemed to have an indefinite useful life was approximately $556,000 and $608,000, respectively, for the years ended December 31, 2015 and 2014 and is included in depreciation and amortization in the accompanying consolidated statements of operation. 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 impairment was deemed to exist at December 31, 2015 and 2014.
Depreciation and Amortization	Depreciation and Amortization. The Company records depreciation and amortization expense using the straight-line method over the useful lives of the respective assets. The cost of buildings are depreciated over estimated useful lives of 39 years, the costs of improvements are amortized over the shorter of the estimated life of the asset or term of the tenant lease (which range from 1 to 10 years), and the cost of furniture, fixtures and equipment are depreciated over 4 to 5 years. Depreciation expense for the years ended December 31, 2015 and 2014 was approximately $6.1 million and $5.0 million, respectively, and is included in depreciation and amortization in the accompanying consolidated statements of operations.
Cash And Cash Equivalents	Cash and Cash Equivalents. The Company considers all short-term, highly liquid investments that are both readily convertible to cash and have an original maturity of three months or less at the date of purchase to be cash equivalents. Items classified as cash equivalents include money market funds. At December 31, 2015, the Company had approximately $3.5 million in deposits in financial institutions that were above the federally insurable limits.
Restricted Cash	Restricted Cash. Restricted cash consists of funds held in escrow for Company lenders for properties held as collateral by the lenders. The funds in escrow are primarily for escrow funds for payment of property taxes.
Tenant Receivables	Tenant Receivables. The Company periodically evaluates the collectability of amounts due from tenants and maintains an allowance for doubtful accounts for estimated losses resulting from the inability of tenants to make required payments under lease agreements. In addition, the Company maintains an allowance for deferred rent receivable that arises from straight-lining of rents. The Company exercises judgment in establishing these allowances and considers payment history and current credit status of its tenants in developing these estimates. At December 31, 2015 and 2015, the balance of allowance for possible uncollectible tenant receivables included in other assets, net in the accompanying consolidated balance sheets was approximately $91,000 and $66,000, respectively.
Deferred Leasing and Financing Costs	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. Deferred leasing costs consist of third party leasing commissions. Management re-evaluates the remaining useful lives of leasing costs as the creditworthiness of the tenants and economic and market conditions change. If management determines the estimated remaining life of the respective lease has changed, the amortization period is adjusted. At December 31, 2015 and 2014, the Company had net deferred leasing costs of approximately $1,483,000 and $1,333,000, respectively, which are included in deferred leasing and financing costs, net in the accompanying consolidated balance sheets. Total amortization expense for the year ended December 31, 2015 and 2014 was approximately $412,000 and $393,000, respectively and is included in interest expense in the accompanying consolidated statements of operations. Deferred Financing Costs. Costs incurred, including legal fees, origination fees, and administrative fees, in connection with debt financing are capitalized as deferred financing costs and are amortized using the straight-line method, which approximates the effective interest method, over the contractual term of the respective loans. At December 31, 2015 and 2014, deferred financing costs related to mortgage notes payable were approximately $2,052,000 and $1,748,000, respectively, and deferred financing costs associated with the Series B preferred stock costs were approximately $1,606,000 and $2,358,000, respectively, which are included in deferred leasing and financing costs, net in the accompanying consolidated balance sheets. For the year ended December 31, 2015 and 2014, total amortization expense related to the mortgage notes payable deferred financing costs was approximately $335,000 and $417,000, respectively, and total amortization expense related to the Series B preferred stock costs was approximately $952,000 and $380,000, respectively, and is included in interest expense in the accompanying consolidated statements of operations.
Income Taxes	Income Taxes. We have elected to be taxed as a REIT under Sections 856 through 860 of 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 of 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 have elected to treat such subsidiaries as taxable REIT subsidiaries (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	Fair Value Measurements. Certain assets and liabilities are required to be carried at fair value, or if long-lived assets are deemed to be impaired, to be adjusted to reflect this condition. The guidance requires disclosure of fair values calculated under each level of inputs within the following hierarchy: 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, accounts receivable and payables and accrued liabilities all approximate fair value due to their short term nature. Management believes that the recorded and fair values of notes payable are approximately the carrying value of December 31, 2015 and 2014.
Sales of Real Estate Assets	Sales of Real Estate Assets . Gains from the sale of real estate assets are not recognized under the full accrual method until certain criteria are met. Gain or loss (the difference between the sales value and the cost of the real estate sold) shall be recognized at the date of sale if a sale has been consummated and the following criteria are met: a. The buyer is independent of the seller; b. Collection of the sales price is reasonably assured; and c. The seller is not required to support the operations of the property or its related obligations to an extent greater than its proportionate interest. Gains relating to transactions which do not meet the criteria for full accrual method of accounting are deferred and recognized when the full accrual method of accounting criteria are met or by using the installment or deposit methods of profit recognition, as appropriate in the circumstances.
Revenue Recognition	Revenue Recognition. The Company recognizes revenue from rent, tenant reimbursements, and other revenue once all of the following criteria are met: a. Persuasive evidence of an arrangement exists; b. Delivery has occurred or services have been rendered; c. The amount is fixed or determinable; and d. The collectability of the amount is reasonably assured. Annual rental revenue is recognized in rental revenues on a straight-line basis over the term of the related lease. Estimated recoveries from certain tenants for their pro rata share of real estate taxes, insurance and other operating expenses are recognized as revenues in the period the applicable expenses are incurred or as specified in the leases. Other tenants pay a fixed rate and these tenant recoveries are recognized as revenue on a straight-line basis over the term of the related leases. Certain of the Company’s leases currently contain rental increases at specified intervals. The Company records as an asset, and include in revenues, deferred rent receivable that will be received if the tenant makes all rent payments required through the expiration of the initial term of the lease. Deferred rent receivable in the accompanying balance sheets includes the cumulative difference between rental revenue recorded on a straight-line basis and rents received from the tenants in accordance with the lease terms. Accordingly, Management determines to what extent the deferred rent receivable applicable to each specific tenant is collectible. The Company reviews material deferred rent receivable and takes into consideration the tenant’s payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. In the event that the collectability of deferred rent with respect to any given tenant is in doubt, we record an increase in the allowance for uncollectible accounts, the Company records a direct write-off of the specific rent receivable. No such reserves related to deferred rent receivables have been recorded as of December 31, 2015 or 2014.
Loss Per Common Share	Loss per common share. Basic loss per common share (Basic EPS) is computed by dividing net loss available to common shareholders (Numerator) by the weighted average number of common shares outstanding (Denominator) during the period. Diluted loss per common share (Diluted EPS) is similar to the computation of Basic EPS except that the Denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued. In addition, in computing the dilutive effect of convertible securities, the Numerator is adjusted to add back the after-tax amount of interest recognized in the period associated with any convertible debt. The computation of Diluted EPS does not assume exercise or conversion of securities that would have an anti-dilutive effect on net earnings per share Basic and diluted net loss per share are equivalent because the Company has incurred a net loss in all periods presented causing any potentially dilutive securities to be anti-dilutive. Dilutive securities include non-vested restricted shares issued under the Company’s share-based incentive plan, shares issuable under certain of the Company’s partnership arrangements and (for 2013) shares issuable under stock purchase warrants. The calculation of net loss per share excludes dilutive securities totaling 722,019 and 701,51 shares for the years ended December 31, 2015 and 2014, respectively.
Subsequent Events	Subsequent Events. Management has evaluated subsequent events through the date that the accompanying financial statements were filed with the Securities and Exchange Commission (“SEC”) for transactions and other events which may require adjustment of and/or disclosure in such financial statements.
Reclassifications	Reclassifications. Certain reclassifications have been made to the prior year’s consolidated financial statements to conform to the current year presentation. These reclassifications had no effect on previously reported results of consolidated operations or equity.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU No. 2016-02”). The amendments in ASU No. 2016-02 changes the existing accounting standards for lease accounting, including requiring lessees to recognize most leases on their balance sheets and making targeted changes to lessor accounting. ASU No. 2016-02 is effective for annual periods beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption of ASU No. 2016-02 as of its issuance is permitted. The new leases standard requires a modified retrospective transition approach for all leases existing at, or entered into after, the date of initial application, with an option to use certain transition relief. The Company is currently evaluating the impact of adopting the new leases standard on its consolidated financial statements. In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805), Simplifying the Accounting for Measurement-Period Adjustments (“ASU No. 2015-16”). ASU No. 2015-16 eliminates the requirement that an acquirer in a business combination account for measurement-period adjustments retrospectively. Instead, an acquirer will recognize a measurement-period adjustment during the period in which it determines the amount of the adjustment, including the effect on earnings of any amounts it would have recorded in previous periods if the accounting had been completed at the acquisition date. ASU No. 2015-16 is effective for fiscal years, and interim periods within these fiscal years, beginning after December 15, 2015, with early adoption permitted. The Company does not expect the adoption of ASU No. 2015-16 to have a significant impact on its consolidated financial statements. In April 2015, the FASB issued an ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs (“ASU No. 2015-03 . The amendments in ASU No. 2015-03 require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The Company does not expect the adoption of ASU No. 2015-03 to have a significant impact on its consolidated financial statements. In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements (Subtopic 205-40), Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU No. 2014-15”). The amendments in ASU No. 2014-15 require management to evaluate, for each annual and interim reporting period, whether there are conditions or events, considered in the aggregate, that raise substantial doubt about an entity’s ability to continue as a going concern within one year after the date that the financial statements are issued (or are available to be issued when applicable) and, if so, provide related disclosures. ASU No. 2014-15 is effective for annual periods ending after December 15, 2016, and interim periods within annual periods beginning after December 15, 2016. Early adoption is permitted for annual or interim reporting periods for which the financial statements have not previously been issued. We believe the adoption of this guidance will not have a material effect on income from operations or the Company’s financial position. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue Recognition Leases

Recent Real Estate Transactio25

Recent Real Estate Transactions (Tables)	12 Months Ended
	Dec. 31, 2015
Real Estate [Abstract]
Properties Acquired and Sold	The Company allocated the purchase price of the properties acquired during 2015 as follows: Buildings Tenant Leases Leasing Total Property Land and Other Improvements in Place (1) Costs Purchase Shea Center II $ 2,213,734 $ 19,344,132 $ 2,336,066 $ 809,110 $ 621,958 $ 25,325,000 One Park Centre 1,205,552 7,047,875 274,591 366,121 255,861 9,150,000 Highland Court 3,608,028 6,939,286 1,412,097 621,323 469,266 13,050,000 Research Parkway 407,722 2,283,689 38,022 50,300 70,267 2,850,000 300 N.P. 135,430 3,429,097 53,272 127,852 104,349 3,850,000 West Fargo Industrial 1,693,035 6,021,666 3,166 99,595 83,038 7,900,500 Model Homes Properties 797,000 4,930,092 — — — 5,727,092 $ 10,060,501 $ 49,995,837 $ 4,117,214 $ 2,074,301 $ 1,604,739 $ 67,852,592

Real Estate Assets (Tables)

Real Estate Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Real Estate Assets [Abstract]
Real Estate Properties Owned	The Company’s real estate assets consisted of the following as of December 31, 2015 and 2014: Real Estate Assets Owned (000s) Property Name Date Acquired Location 2015 2014 Havana/Parker Complex June 2006 Aurora, CO $ 2,093 $ 2,269 Garden Gateway Plaza March 2007 Colorado Springs, CO 11,808 12,120 World Plaza September 2007 San Bernardino, CA 6,653 6,834 Regatta Square October 2007 Denver, CO 1,859 1,897 Sparky’s Palm Self-Storage November 2007 Highland, CA — 4,266 Sparky’s Joshua Self-Storage December 2007 Hesperia, CA — 6,661 Executive Office Park July 2008 Colorado Springs, CO 8,227 8,274 Waterman Plaza August 2008 San Bernardino, CA 5,877 5,995 Pacific Oaks Plaza September 2008 Escondido, CA 4,213 4,291 Morena Office Center January 2009 San Diego, CA 5,269 5,461 Rangewood Medical Office Building March 2009 Colorado Springs, CO 2,306 2,361 Sparky’s Thousand Palms Self-Storage August 2009 Thousand Palms, CA — 5,365 Sparky’s Hesperia East Self-Storage December 2009 Hesperia, CA — 2,376 Sparky’s Rialto Self-Storage May 2010 Rialto, CA — 4,681 Genesis Plaza August 2010 San Diego, CA 8,398 8,613 Dakota Bank Buildings May 2011 Fargo, ND 10,452 10,027 Yucca Valley Retail Center September 2011 Yucca Valley, CA 7,190 8,044 Sparky’s Sunrise Self-Storage December 2011 Hesperia, CA — 2,142 Port of San Diego Complex December 2011 San Diego, CA 13,971 13,954 Shoreline Medical Building May 2012 Half Moon Bay, CA 5,856 5,994 The Presidio November 2012 Colorado Springs, CO 6,643 6,684 Sparky’s Lancaster Self-Storage May 2013 Lancaster, CA — 3,616 Bismarck Office Building March 2014 Fargo, ND 4,904 4,970 Union Terrace Building August 2014 Lakewood, CO 8,607 9,032 Centennial Tech Center December 2014 Colorado Springs, CO 14,755 15,540 Arapahoe Service Center December 2014 Centennial, CO 11,301 11,873 Union Town Center December 2014 Colorado Springs, CO 10,941 11,268 Research Parkway August 2015 Colorado Springs, CO 2,875 — West Fargo Industrial, West Fargo, ND August 2015 West Fargo, ND 7,833 — 300 N.P., West Fargo, ND August 2015 West Fargo, ND 3,910 — Highland Court, Centennial CO August 2015 Centennial, CO 13,245 — One Park Centre, Westminster CO August 2015 Westminster, CO 9,050 — Shea Center II, Highlands Ranch, CO December 2015 Highlands Ranch, CO 25,961 — Subtotal - NetREIT, Inc. properties 214,197 184,608 Model Home properties 2009-2015 AZ, FL, IL, 16,889 13,589 Real estate assets and lease intangibles, net $ 231,086 $ 198,197

Lease Intangibles (Tables)

Lease Intangibles (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]
Net Value of Other Intangible Assets	Lease intangibles consist of the following: As of December 31, 2015 As of December 31, 2014 Lease Accumulated Lease Intangibles, Lease Accumulated Lease Intangibles, Intangibles Amortization net Intangibles Amortization net In-place leases $ 6,903,882 $ (2,647,002 ) $ 4,256,880 $ 4,255,565 $ (1,842,782 ) $ 2,412,783 Leasing costs 4,816,858 (1,766,578 ) 3,050,280 3,228,415 (1,214,967 ) 2,013,448 Above-market leases 2,124,360 (1,415,762 ) 708,598 1,977,113 (1,202,821 ) 774,292 Tenant relationships — — — 332,721 (332,721 ) — Total $ 13,845,100 $ (5,829,342 ) $ 8,015,758 $ 9,793,814 $ (4,593,291 ) $ 5,200,523

Real Estate Held For Sale and28

Real Estate Held For Sale and Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2015
Discontinued Operations And Disposal Groups [Abstract]
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures	The following summary presents the major components of real estate held for sale and liabilities related to real estate held for sale as of: December 31, December 31, 2015 2014 Real estate assets $ — $ 32,637,520 Less: accumulated depreciation — (3,529,845 ) Real estate assets, net — 29,107,675 Other assets — 895,831 Total assets $ — $ 30,003,506 Mortgage notes payable — 16,932,524 Other liabilities — 508,955 Total liabilities $ — $ 17,423,479 The following table summarizes certain revenue and expenses related to these properties for the years ended December 31: For the Years Ended December 31, 2015 2014 Rental revenues $ 940,048 $ 3,080,387 Fee and other income 112,218 348,116 Rental operating expenses (595,832 ) (1,716,379 ) Depreciation (165,646 ) (666,119 ) Interest expense (422,163 ) (883,647 ) Gain on sale of real estate 4,730,398 (156,651 ) Discontinued operations before non-controlling interests $ 4,599,023 $ 5,707

Other Assets (Tables)

Other Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Other Assets [Abstract]
Other Assets	Other assets consist of the following: As of December 31, 2015 2014 Deferred rent receivable $ 2,097,623 $ 1,499,113 Notes receivable 920,216 920,216 Raw land 900,000 900,000 Prepaid expenses, deposits and other 758,173 543,390 Accounts receivable, net 683,446 362,727 Other intangibles, net 536,533 617,432 Total other assets $ 5,895,991 $ 4,842,878

Mortgage Notes Payable (Tables)

Mortgage Notes Payable (Tables)	12 Months Ended
	Dec. 31, 2015
Mortgage Loans On Real Estate [Abstract]
Mortgage Notes Payable	Mortgage notes payable consisted of the following: Principal as of December 31, Loan Interest Mortgage note property Notes 2015 2014 Type Rate (1) Maturity Waterman Plaza $ — $ 3,368,146 Fixed 6.50 % 9/1/2015 Havana/Parker Complex 2,500,000 2,500,000 Fixed 6.51 % 7/1/2016 Bismarck Office Building 3,252,016 3,321,198 Fixed 6.12 % 10/1/2016 Sparky's Rialto (2) — 2,119,037 Fixed 4.75 % 5/3/2018 Rangewood Medical Office Building 1,027,085 1,092,778 Fixed 4.95 % 1/1/2019 Regatta Square 1,183,473 1,214,799 Fixed 4.95 % 1/1/2019 Port of San Diego Complex 10,097,726 10,368,228 Fixed 4.75 % 3/5/2020 Garden Gateway Plaza 6,799,229 6,963,381 Fixed 5.00 % 4/5/2020 Sparky's Lancaster — 1,903,982 Fixed 5.00 % 6/1/2020 West Fargo Industrial 4,500,000 — Fixed 4.79 % 9/9/2020 Morena Office Center (3) 2,289,899 2,351,805 Fixed (reset) 4.50 % 1/1/2021 Pacific Oaks Plaza (3) 1,556,891 1,599,204 Fixed (reset) 4.50 % 6/1/2021 Shoreline Medical Building (3) 3,727,569 3,846,697 Fixed (reset) 5.10 % 6/1/2022 Highland Court 6,958,147 — Fixed 3.82 % 9/1/2022 Sparky's Palm, Joshua and Sunrise — 7,986,522 Fixed 4.70 % 12/6/2022 Sparky's Hesperia East (4) — 830,883 Variable 4.75 % 12/18/2022 Dakota Bank Buildings 10,825,201 10,993,386 Fixed 4.74 % 7/6/2024 Union Terrace Building 6,600,000 6,600,000 Fixed 4.50 % 9/5/2024 The Presidio 6,000,000 6,000,000 Fixed 4.54 % 12/1/2024 Centennial Tech Center 10,237,591 10,250,000 Fixed 4.34 % 12/5/2024 Arapahoe Service Center 8,500,000 8,500,000 Fixed 4.34 % 1/5/2025 Union Town Center 8,440,000 8,440,000 Fixed 4.28 % 1/5/2025 Yucca Valley Retail Center 6,000,000 2,982,411 Fixed 5.62 % 4/6/2025 Executive Office Park (5) 4,307,975 4,379,854 Fixed (reset) 5.80 % 7/1/2025 Genesis Plaza 6,500,000 4,491,588 Fixed 4.65 % 9/6/2025 One Park Centre 6,610,000 — Fixed 4.77 % 9/5/2025 Shea Center II 17,727,500 — Fixed 4.92 % 1/5/2026 Sparky’s Thousand Palms (6) — 4,092,100 Variable 5.50 % 3/1/2034 Subtotal, NetREIT, Inc. properties 135,640,302 116,195,999 Model Home mortgage notes 9,050,268 7,703,299 Fixed (7 ) 2015-2019 Mortgage Notes Payable, total $ 144,690,570 $ 123,899,298 (1) Interest rates as of December 31, 2015 ( 2 ) Interest subject to reset; thereafter, monthly payments of $11,982, including interest at rate indexed to 5-year Treasury Rate + 3%. (3) Interest rate subject to resetting on the 3r d and 6 th loan anniversary. ( 4 ) Interest at a variable rate indexed to the 5 year interest rate swap. (5) Interest rate is subject to reset on July 1, 2018. (6) Interest at variable rate ranging from 5.50%-10.50%. (7) Each Model Home has a standalone mortgage note at interest rates ranging from 4.9% to 5.8% (at December 31, 2015).
Scheduled Principal Payments of Mortgage Notes Payable	Scheduled principal payments of mortgage notes payable are as follows: Principal Payments Scheduled Years Ending December 31: NetREIT, Inc. Notes Payable Model Homes Notes Payable Principal Payments 2016 7,245,568 901,272 8,146,840 2017 1,767,577 1,557,176 3,324,753 2018 5,973,359 1,581,239 7,554,598 2019 2,984,389 1,442,319 4,426,708 2020 2,276,109 3,568,262 5,844,371 Thereafter 115,393,300 - 115,393,300 Total $ 135,640,302 $ 9,050,268 $ 144,690,570

Share Based Incentive Plan (Tab

Share Based Incentive Plan (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Non-vested Restricted Shares	A summary of the activity for the Company’s restricted shares was as follows: Outstanding shares: Common Shares Balance at December 31, 2014 101,890 Granted 79,162 Vested (54,051 ) Cancelled (4,613 ) Balance at December 31, 2015 122,388

Segments (Tables)

Segments (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Net Operating Income by Segment	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, 2015 and 2014, respectively. Year Ended December 31, 2015 2014 Office/ Industrial Properties: Rental income $ 18,497,621 $ 11,800,836 Property and related expenses (7,170,550 ) (4,769,577 ) Asset impairment — (950,000 ) Net operating income, as defined 11,327,071 6,081,259 Residential Properties: Rental income 1,521,148 2,065,327 Property and related expenses (63,875 ) (102,082 ) Net operating income, as defined 1,457,273 1,963,245 Retail Properties: Rental income 3,960,076 2,607,744 Property and related expenses (1,280,726 ) (877,620 ) Net operating income, as defined 2,679,350 1,730,124 Self-Storage Properties: Rental income 1,052,266 3,428,503 Property and related expenses (1,183,641 ) (3,266,145 ) Net operating income, as defined (131,375 ) 162,358 Reconciliation to net loss: Total net operating income, as defined, for reportable segments 15,332,319 9,936,986 Unallocated other income (expense): General and administrative expenses (5,193,888 ) (5,555,449 ) Depreciation and amortization (7,784,917 ) (5,383,266 ) Interest expense (10,774,660 ) (5,595,329 ) Interest income 150,008 85,806 Gain on sales of real estate, net 6,243,640 5,120,699 Gain on extinguishment of debt — 536,952 Net loss $ (2,027,498 ) $ (853,601 )
Reconciliation of Assets by Segment to Total Assets	Assets by Reportable Segment: As of December 31, 2015 2014 Office/ Industrial Properties: Land, buildings and improvements, net (1) $ 178,776,776 $ 122,351,316 Total assets (2) $ 190,857,259 $ 130,184,998 Residential Properties: Land, buildings and improvements, net (1) $ 16,888,267 $ 13,133,827 Total assets (2) $ 14,395,904 $ 13,588,922 Retail Properties: Land, buildings and improvements, net (1) $ 35,395,235 $ 33,141,294 Total assets (2) $ 36,747,069 $ 34,712,223 Self-Storage Properties: Land, buildings and improvements, net (1) $ — $ 29,107,675 Total assets (2) $ — $ 30,003,506 Reconciliation to total assets: Total assets for reportable segments $ 242,000,232 $ 208,489,649 Other unallocated assets: Cash and cash equivalents 6,626,423 5,636,002 Other assets, net 9,306,036 6,499,287 Total assets $ 257,932,691 $ 220,624,938 (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.
Reconciliation of Capital Expenditures by Segment to Total Real Estate Investments	Capital expenditures by Reportable Segment:(1) Year Ended December 31, 2015 2014 Office/Industrial Properties: Acquisition of operating properties $ 59,223,876 $ 42,125,000 Capital expenditures and tenant improvements $ 2,793,850 $ 2,123,438 Residential Properties: Acquisition of operating properties $ 5,720,540 $ 5,726,700 Retail Properties: Acquisition of operating properties $ 2,908,176 $ 11,211,669 Capital expenditures and tenant improvements $ 54,839 $ 359,473 Self Storage Properties: Capital expenditures and tenant improvements $ 6,250 $ 84,116 Totals: Acquisition of operating properties, net $ 67,852,592 $ 59,063,369 Capital expenditures and tenant improvements 2,854,939 2,567,027 Total real estate investments $ 70,707,531 $ 61,630,396 (1) Total consolidated capital expenditures are equal to the same amounts disclosed for total reportable segments.

Pro Forma Financial Informati33

Pro Forma Financial Information (Unaudited) (Table)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Pro Forma Financial Information	The following table summarizes, on an unaudited pro forma basis, the combined results of operations of the Company for the years ended December 31, 2015 and 2014. Year Ended December 31, 2015 2014 Revenues $ 4,655,215 $ 4,234,510 Total operating expenses 1,841,705 1,918,842 Net income $ 2,813,510 $ 2,315,668 Net loss attributable to NetREIT, Inc. common stockholders $ (168,244 ) $ (579,296 )

Organization and Basis of Pre34

Organization and Basis of Presentation (Details)	12 Months Ended
	Dec. 31, 2015Counterparty_InvestmentSegment
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Number of limited partnerships in which the company is sole General Partner	3
Number of partnerships that purchase and leaseback model homes from developers in which the company is a limited partner	2
Number of limited liability corporation that purchase and leaseback model homes from developers in which the company is a limited partner	1
Number of reportable segments | Segment	3

Significant Accounting Polici35

Significant Accounting Policies (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Real Estate Asset Acquisitions [Abstract]
Amortization of above and below market rents	$ 44,000	$ (156,000)
Remaining term of in-place leases (in years)	10 years
Amortization expense related to in-place leases, unamortized lease origination costs and tenant relationships	$ 839,000	456,000
Impairment [Abstract]
Asset impairment	0	950,000
Sales of Real Estate Assets [Abstract]
Asset impairment	0	950,000
Intangible Assets [Abstract]
Impairment of definite lived assets	556,000	608,000
Impairment of indefinite lived assets	0	0
Impairment of goodwill	0	0
Depreciation and Amortization of Buildings and Improvements [Abstract]
Depreciation expense	6,100,000	5,000,000
Cash and Cash Equivalents [Abstract]
Deposits in financial institutions above federally insurable limits	3,500,000
Tenant Receivables [Abstract]
Allowance for uncollectible accounts	91,000	66,000
Deferred Leasing Costs [Abstract]
Net deferred leasing costs	1,483,000	1,333,000
Amortization of deferred leasing costs	412,000	393,000
Deferred Financing Costs [Abstract]
Deferred financing costs	2,052,000	1,748,000
Amortization of financing costs	$ 1,286,437	417,724
Income Tax Uncertainties [Abstract]
Income Tax Examination Description	We have elected to be taxed as a REIT under Sections 856 through 860 of 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
Revenue Recognition [Abstract]
Deferred rent receivable	$ 0	$ 0
Loss Per Common Share [Abstract]
Anti-dilutive shares excluded from computation of diluted earnings per share	722,019	70,151
Mortgage Payable
Deferred Financing Costs [Abstract]
Amortization of financing costs	$ 335,000	$ 417,000
Series B Preferred Stock [Member]
Deferred Financing Costs [Abstract]
Deferred financing costs	1,606,000	2,358,000
Series B Preferred Stock [Member] | Mortgage Payable
Deferred Financing Costs [Abstract]
Amortization of financing costs	$ 952,000	$ 380,000
Building and Building Improvements [Member]
Depreciation and Amortization of Buildings and Improvements [Abstract]
Estimated useful life	39 years
Assets Leased to Others [Member] | Minimum [Member]
Depreciation and Amortization of Buildings and Improvements [Abstract]
Estimated useful life	1 year
Assets Leased to Others [Member] | Maximum [Member]
Depreciation and Amortization of Buildings and Improvements [Abstract]
Estimated useful life	10 years
Furniture and Fixtures [Member] | Minimum [Member]
Depreciation and Amortization of Buildings and Improvements [Abstract]
Estimated useful life	4 years
Furniture and Fixtures [Member] | Maximum [Member]
Depreciation and Amortization of Buildings and Improvements [Abstract]
Estimated useful life	5 years

Recent Real Estate Transactio36

Recent Real Estate Transactions (Details)	Dec. 24, 2015USD ($)ft²Story	Aug. 28, 2015USD ($)ft²Story	Aug. 26, 2015USD ($)ft²Story	Aug. 13, 2015USD ($)ft²Story	Aug. 08, 2015USD ($)ft²Story	Apr. 24, 2015USD ($)	Apr. 10, 2015USD ($)	Dec. 31, 2015USD ($)Property
Highlands Ranch, Colorado [Member]
Real Estate Properties [Line Items]
Number of story acquired | Story	4
Rentable square feet | ft²	121,399
Purchase price of property acquired	$ 25,300,000
Occupancy rate	100.00%
Westminster, Colorado [Member]
Real Estate Properties [Line Items]
Number of story acquired | Story		4
Rentable square feet | ft²		69,200
Purchase price of property acquired		$ 9,100,000
Occupancy rate		96.00%
Centennial, Colorado [Member]
Real Estate Properties [Line Items]
Number of story acquired | Story			4
Rentable square feet | ft²			93,000
Purchase price of property acquired			$ 13,100,000
Occupancy rate			97.00%
Colorado Springs ,Colorado [Member]
Real Estate Properties [Line Items]
Number of story acquired | Story				1
Rentable square feet | ft²				10,700
Occupancy rate				100.00%
Purchase price of property acquired				$ 2,900,000
Fargo, North Dakota [Member]
Real Estate Properties [Line Items]
Number of story acquired | Story					2
Rentable square feet | ft²					36,500
Occupancy rate					86.40%
Purchase price of property acquired					$ 3,900,000
West Fargo Industrial [Member] | Residential Properties [Member]
Real Estate Properties [Line Items]
Number of story acquired | Story					7
Rentable square feet | ft²					152,154
Occupancy rate					97.60%
Purchase price of property acquired					$ 7,900,000
Seventeen Model Homes [Member] | Residential Properties [Member]
Real Estate Properties [Line Items]
Purchase price of property acquired								$ 5,700,000
Sparkys Self-Storage Portfolio, Disposal Group [Member]
Real Estate Properties [Line Items]
Business acquisition contributed revenue								1,800,000
Business acquisition operating expenses								666,000
Proceeds from sale of property							$ 34,000,000
Mortgage notes payable retired							16,900,000
Gain (loss) on sale of property							$ 4,700,000
Yucca Valley Retail Center [Member]
Real Estate Properties [Line Items]
Proceeds from sale of property						$ 1,500,000
Gain (loss) on sale of property						$ 1,000,000
Four Dubos Model Homes [Member] | Residential Properties [Member]
Real Estate Properties [Line Items]
Proceeds from sale of property								2,700,000
Mortgage notes payable retired								1,100,000
Gain (loss) on sale of property								$ 473,000
Number of properties \ Property | Property								5

Recent Real Estate Transactio37

Recent Real Estate Transactions (Acquisitions of Properties) (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Real Estate Properties [Line Items]
Land	$ 10,060,501
Buildings and Other	49,995,837
Tenant Improvements	4,117,214
Leases in Place	2,074,301
Leasing Costs	1,604,739
Total Purchase Price	67,852,592
Shea Center II [Member]
Real Estate Properties [Line Items]
Land	2,213,734
Buildings and Other	19,344,132
Tenant Improvements	2,336,066
Leases in Place	809,110
Leasing Costs	621,958
Total Purchase Price	25,325,000
One Park Centre [Member]
Real Estate Properties [Line Items]
Land	1,205,552
Buildings and Other	7,047,875
Tenant Improvements	274,591
Leases in Place	366,121
Leasing Costs	255,861
Total Purchase Price	9,150,000
Highland Court [Member]
Real Estate Properties [Line Items]
Land	3,608,028
Buildings and Other	6,939,286
Tenant Improvements	1,412,097
Leases in Place	621,323
Leasing Costs	469,266
Total Purchase Price	13,050,000
Research Parkway [Member]
Real Estate Properties [Line Items]
Land	407,722
Buildings and Other	2,283,689
Tenant Improvements	38,022
Leases in Place	50,300
Leasing Costs	70,267
Total Purchase Price	2,850,000
300 N.P. [Member]
Real Estate Properties [Line Items]
Land	135,430
Buildings and Other	3,429,097
Tenant Improvements	53,272
Leases in Place	127,852
Leasing Costs	104,349
Total Purchase Price	3,850,000
West Fargo Industrial [Member]
Real Estate Properties [Line Items]
Land	1,693,035
Buildings and Other	6,021,666
Tenant Improvements	3,166
Leases in Place	99,595
Leasing Costs	83,038
Total Purchase Price	7,900,500
Seventeen Model Homes [Member]
Real Estate Properties [Line Items]
Land	797,000
Buildings and Other	4,930,092
Total Purchase Price	$ 5,727,092

Real Estate Assets (Properties)

Real Estate Assets (Properties) (Details)	12 Months Ended
	Dec. 31, 2015ft²Counterparty_InvestmentProperty
Real Estate And Accumulated Depreciation [Line Items]
Number of limited partnerships in which the company is sole General Partner | Counterparty_Investment	3
Industrial Properties [Member]
Real Estate And Accumulated Depreciation [Line Items]
Number of properties	2
Office Properties [Member]
Real Estate And Accumulated Depreciation [Line Items]
Number of properties	18
Office/Industrial Properties [Member]
Real Estate And Accumulated Depreciation [Line Items]
Rentable square feet | ft²	1,614,000
Retail Properties [Member]
Real Estate And Accumulated Depreciation [Line Items]
Number of properties	6
Rentable square feet | ft²	236,000
Residential Properties [Member]
Real Estate And Accumulated Depreciation [Line Items]
Number of properties	64
Number of limited partnerships in which the company is sole General Partner | Counterparty_Investment	3
Number of Limited Liability Companies	1

Real Estate Assets (Summary of

Real Estate Assets (Summary of Properties Owned) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Real Estate And Accumulated Depreciation [Line Items]
Real Estate Assets Owned	$ 231,086,179	$ 169,090,028
Real estate assets held for sale, net		29,107,675
Real Estate Assets Owned including Real Estate Assets Held for Sale		198,197,000
Havana Parker [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Jun. 1, 2006
Location	Aurora, CO
Real Estate Assets Owned	$ 2,093,000	2,269,000
Garden Gateway Plaza [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Mar. 1, 2007
Location	Colorado Springs, CO
Real Estate Assets Owned	$ 11,808,000	12,120,000
World Plaza [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Sep. 1, 2007
Location	San Bernardino, CA
Real Estate Assets Owned	$ 6,653,000	6,834,000
Regatta Square [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Oct. 1, 2007
Location	Denver, CO
Real Estate Assets Owned	$ 1,859,000	1,897,000
Sparkys Palm Self Storage [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Nov. 1, 2007
Location	Highland, CA
Real estate assets held for sale, net		4,266,000
Sparky's Joshua Self-Storage [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Dec. 1, 2007
Location	Hesperia, CA
Real estate assets held for sale, net		6,661,000
Executive Office Park [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Jul. 1, 2008
Location	Colorado Springs, CO
Real Estate Assets Owned	$ 8,227,000	8,274,000
Waterman Plaza [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Aug. 1, 2008
Location	San Bernardino, CA
Real Estate Assets Owned	$ 5,877,000	5,995,000
Pacific Oaks Plaza [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Sep. 1, 2008
Location	Escondido, CA
Real Estate Assets Owned	$ 4,213,000	4,291,000
Morena Office Center [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Jan. 1, 2009
Location	San Diego, CA
Real Estate Assets Owned	$ 5,269,000	5,461,000
Rangewood Medical Office Building [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Mar. 1, 2009
Location	Colorado Springs, CO
Real Estate Assets Owned	$ 2,306,000	2,361,000
Sparky's Thousand Palms Self-Storage [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Aug. 1, 2009
Location	Thousand Palms, CA
Real estate assets held for sale, net		5,365,000
Sparky's Hesperia East Self-Storage [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Dec. 1, 2009
Location	Hesperia, CA
Real estate assets held for sale, net		2,376,000
Sparky's Rialto Self-Storage [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	May 1, 2010
Location	Rialto, CA
Real estate assets held for sale, net		4,681,000
Genesis Plaza [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Aug. 1, 2010
Location	San Diego, CA
Real Estate Assets Owned	$ 8,398,000	8,613,000
Dakota Bank Buildings [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	May 1, 2011
Location	Fargo, ND
Real Estate Assets Owned	$ 10,452,000	10,027,000
Yucca Valley Retail Center [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Sep. 1, 2011
Location	Yucca Valley, CA
Real Estate Assets Owned	$ 7,190,000	8,044,000
Sparky's Sunrise Self-Storage [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Dec. 1, 2011
Location	Hesperia, CA
Real estate assets held for sale, net		2,142,000
Port of San Diego Complex [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Dec. 1, 2011
Location	San Diego, CA
Real Estate Assets Owned	$ 13,971,000	13,954,000
Shoreline Medical Building [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	May 1, 2012
Location	Half Moon Bay, CA
Real Estate Assets Owned	$ 5,856,000	5,994,000
The Presidio [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Nov. 1, 2012
Location	Colorado Springs, CO
Real Estate Assets Owned	$ 6,643,000	6,684,000
Sparky's Lancaster Self Storage [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	May 1, 2013
Location	Lancaster, CA
Real estate assets held for sale, net		3,616,000
Bismarck Office [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Mar. 1, 2014
Location	Fargo, ND
Real Estate Assets Owned	$ 4,904,000	4,970,000
Union Terrace [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Aug. 1, 2014
Location	Lakewood, CO
Real Estate Assets Owned	$ 8,607,000	9,032,000
Centennial Tech Center [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Dec. 1, 2014
Location	Colorado Springs, CO
Real Estate Assets Owned	$ 14,755,000	15,540,000
Arapahoe Service Center [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Dec. 1, 2014
Location	Centennial, CO
Real Estate Assets Owned	$ 11,301,000	11,873,000
Union Town Center [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Dec. 1, 2014
Location	Colorado Springs, CO
Real Estate Assets Owned	$ 10,941,000	11,268,000
Research Parkway [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Aug. 1, 2015
Location	Colorado Springs, CO
Real Estate Assets Owned	$ 2,875,000
West Fargo Industrial [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Aug. 1, 2015
Location	West Fargo, ND
Real Estate Assets Owned	$ 7,833,000
300 N.P. [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Aug. 1, 2015
Location	West Fargo, ND
Real Estate Assets Owned	$ 3,910,000
Highland Court [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Aug. 1, 2015
Location	Centennial, CO
Real Estate Assets Owned	$ 13,245,000
One Park Centre [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Aug. 1, 2015
Location	Westminster, CO
Real Estate Assets Owned	$ 9,050,000
Shea Center II [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Dec. 1, 2015
Location	Highlands Ranch, CO
Real Estate Assets Owned	$ 25,961,000
NetREIT, Inc. Properties [Member]
Real Estate And Accumulated Depreciation [Line Items]
Real Estate Assets Owned	214,197,000	184,608,000
Model Home Properties [Member]
Real Estate And Accumulated Depreciation [Line Items]
Real Estate Assets Owned	$ 16,889,000	$ 13,589,000
Model Home Properties [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Jan. 1, 2009
Model Home Properties [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date acquired	Jan. 1, 2015

Lease Intangibles (Net Value of

Lease Intangibles (Net Value of Other Intangible Assets and Amortization by Class) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Finite Lived Intangible Assets [Line Items]
Lease intangibles	$ 13,845,100	$ 9,793,814
Accumulated amortization	(5,829,342)	(4,593,291)
Lease intangibles, net	8,015,758	5,200,523
Leases, Acquired-in-Place [Member]
Finite Lived Intangible Assets [Line Items]
Lease intangibles	6,903,882	4,255,565
Accumulated amortization	(2,647,002)	(1,842,782)
Lease intangibles, net	4,256,880	2,412,783
Leasing Cost [Member]
Finite Lived Intangible Assets [Line Items]
Lease intangibles	4,816,858	3,228,415
Accumulated amortization	(1,766,578)	(1,214,967)
Lease intangibles, net	3,050,280	2,013,448
Above Market Leases [Member]
Finite Lived Intangible Assets [Line Items]
Lease intangibles	2,124,360	1,977,113
Accumulated amortization	(1,415,762)	(1,202,821)
Lease intangibles, net	$ 708,598	774,292
Tenant Relationships [Member]
Finite Lived Intangible Assets [Line Items]
Lease intangibles		332,721
Accumulated amortization		$ (332,721)

Lease Intangibles - Additional

Lease Intangibles - Additional Information (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Finite Lived Intangible Assets Net Amortization Expense Rolling Maturity [Abstract]
2,016	$ 2,165,192
2,017	1,652,832
2,018	1,131,293
2,019	913,181
2,020	708,519
Thereafter	$ 1,444,741
Weighted average [Member]
Finite Lived Intangible Assets Net Amortization Expense Rolling Maturity [Abstract]
Finite-Lived Intangible Assets, Remaining Amortization Period	4 years 6 months

Real Estate Held For Sale and42

Real Estate Held For Sale and Discontinued Operations (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]
Disposal Group, Including Discontinued Operation, Real Estate Assets, Net		$ 29,107,675
Disposal Group, Including Discontinued Operation, Liabilities, Total		16,932,524
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Gain (loss) on the sale of real estate	$ 4,730,398	(156,651)
Income from discontinued operations	4,599,023	5,707
Sparkys Self-Storage Portfolio, Disposal Group [Member]
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]
Disposal Group, Including Discontinued Operation, Real Estate Assets, Gross		32,637,520
Disposal Group, Including Discontinued Operation, Real Estate Assets, Accumulated Depreciation		(3,529,845)
Disposal Group, Including Discontinued Operation, Real Estate Assets, Net		29,107,675
Disposal Group, Including Discontinued Operation, Other Assets		895,831
Disposal Group, Including Discontinued Operation, Assets, Total		30,003,506
Disposal Group, Including Discontinued Operation, Mortgage Notes Payable		16,932,524
Disposal Group, Including Discontinued Operation, Other Liabilities		508,955
Disposal Group, Including Discontinued Operation, Liabilities, Total		17,423,479
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Disposal Group, Including Discontinued Operation, Rental Income	940,048	3,080,387
Disposal Group, Including Discontinued Operation, Other Income	112,218	348,116
Disposal Group, Including Discontinued Operation, Operating Expense	(595,832)	(1,716,379)
Disposal Group, Including Discontinued Operation, Depreciation	(165,646)	(666,119)
Disposal Group, Including Discontinued Operation, Interest Expense	(422,163)	(883,647)
Gain (loss) on the sale of real estate	4,730,398	(156,651)
Income from discontinued operations	$ 4,599,023	$ 5,707

Other Assets (Details)

Other Assets (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Other Assets [Line Items]
Raw land	$ 49,965,418	$ 40,422,812
Other intangibles, net	536,533	617,432
Total other assets	5,895,991	4,842,878
Other Assets [Member]
Other Assets [Line Items]
Deferred rent receivable	2,097,623	1,499,113
Notes receivable	920,216	920,216
Raw land	900,000	900,000
Prepaid expenses, deposits and other	758,173	543,390
Accounts receivable, net	$ 683,446	$ 362,727

Mortgage Notes Payable (Details

Mortgage Notes Payable (Details) - USD ($)		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Mortgage notes payable		$ 144,690,570	$ 106,966,774
Mortgage notes payable related to assets held for sale			16,932,524
Mortgage notes payable including assets held for sale			123,899,298
Waterman Plaza [Member]
Debt Instrument [Line Items]
Mortgage notes payable			3,368,146
Fixed interest rate on mortgage (in hundredths)	[1]	6.50%
Maturity date		Sep. 1, 2015
Havana Parker [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 2,500,000	2,500,000
Fixed interest rate on mortgage (in hundredths)	[1]	6.51%
Maturity date		Jul. 1, 2016
Bismarck Office [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 3,252,016	3,321,198
Fixed interest rate on mortgage (in hundredths)	[1]	6.12%
Maturity date		Oct. 1, 2016
Sparky's Rialto Self-Storage [Member]
Debt Instrument [Line Items]
Mortgage notes payable related to assets held for sale	[2]		2,119,037
Fixed interest rate on mortgage (in hundredths)	[1],[2]	4.75%
Maturity date	[2]	May 3, 2018
Rangewood Medical Office Building [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 1,027,085	1,092,778
Fixed interest rate on mortgage (in hundredths)	[1]	4.95%
Maturity date		Jan. 1, 2019
Regatta Square [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 1,183,473	1,214,799
Fixed interest rate on mortgage (in hundredths)	[1]	4.95%
Maturity date		Jan. 1, 2019
Port of San Diego Complex [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 10,097,726	10,368,228
Fixed interest rate on mortgage (in hundredths)	[1]	4.75%
Maturity date		Mar. 5, 2020
Garden Gateway Plaza [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 6,799,229	6,963,381
Fixed interest rate on mortgage (in hundredths)	[1]	5.00%
Maturity date		Apr. 5, 2020
Sparky's Lancaster Self Storage [Member]
Debt Instrument [Line Items]
Mortgage notes payable related to assets held for sale			1,903,982
Fixed interest rate on mortgage (in hundredths)	[1]	5.00%
Maturity date		Jun. 1, 2020
West Fargo Industrial [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 4,500,000
Fixed interest rate on mortgage (in hundredths)	[1]	4.79%
Maturity date		Sep. 9, 2020
Morena Office Center [Member]
Debt Instrument [Line Items]
Mortgage notes payable	[3]	$ 2,289,899	2,351,805
Fixed interest rate on mortgage (in hundredths)	[1],[3]	4.50%
Maturity date	[3]	Jan. 1, 2021
Pacific Oaks Plaza [Member]
Debt Instrument [Line Items]
Mortgage notes payable	[3]	$ 1,556,891	1,599,204
Fixed interest rate on mortgage (in hundredths)	[1],[3]	4.50%
Maturity date	[3]	Jun. 1, 2021
Shoreline Medical Building [Member]
Debt Instrument [Line Items]
Mortgage notes payable	[3]	$ 3,727,569	3,846,697
Fixed interest rate on mortgage (in hundredths)	[1],[3]	5.10%
Maturity date	[3]	Jun. 1, 2022
Highland Court [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 6,958,147
Fixed interest rate on mortgage (in hundredths)	[1]	3.82%
Maturity date		Sep. 1, 2022
Sparky's Three Properties [Member]
Debt Instrument [Line Items]
Mortgage notes payable related to assets held for sale			7,986,522
Fixed interest rate on mortgage (in hundredths)	[1]	4.70%
Maturity date		Dec. 6, 2022
Sparky's Hesperia East Self-Storage [Member]
Debt Instrument [Line Items]
Mortgage notes payable related to assets held for sale	[4]		830,883
Fixed interest rate on mortgage (in hundredths)	[1],[4]	4.75%
Maturity date	[4]	Dec. 18, 2022
Dakota Bank Buildings [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 10,825,201	10,993,386
Fixed interest rate on mortgage (in hundredths)	[1]	4.74%
Maturity date		Jul. 6, 2024
Union Terrace [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 6,600,000	6,600,000
Fixed interest rate on mortgage (in hundredths)	[1]	4.50%
Maturity date		Sep. 5, 2024
The Presidio [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 6,000,000	6,000,000
Fixed interest rate on mortgage (in hundredths)	[1]	4.54%
Maturity date		Dec. 1, 2024
Centennial Tech Center [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 10,237,591	10,250,000
Fixed interest rate on mortgage (in hundredths)	[1]	4.34%
Maturity date		Dec. 5, 2024
Arapahoe Service Center [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 8,500,000	8,500,000
Fixed interest rate on mortgage (in hundredths)	[1]	4.34%
Maturity date		Jan. 5, 2025
Union Town Center [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 8,440,000	8,440,000
Fixed interest rate on mortgage (in hundredths)	[1]	4.28%
Maturity date		Jan. 5, 2025
Yucca Valley Retail Center [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 6,000,000	2,982,411
Fixed interest rate on mortgage (in hundredths)	[1]	5.62%
Maturity date		Apr. 6, 2025
Executive Office Park [Member]
Debt Instrument [Line Items]
Mortgage notes payable	[5]	$ 4,307,975	4,379,854
Fixed interest rate on mortgage (in hundredths)	[1],[5]	5.80%
Maturity date	[5]	Jul. 1, 2025
Genesis Plaza [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 6,500,000	4,491,588
Fixed interest rate on mortgage (in hundredths)	[1]	4.65%
Maturity date		Sep. 6, 2025
One Park Centre [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 6,610,000
Fixed interest rate on mortgage (in hundredths)	[1]	4.77%
Maturity date		Sep. 5, 2025
Shea Center II [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 17,727,500
Fixed interest rate on mortgage (in hundredths)	[1]	4.92%
Maturity date		Jan. 5, 2026
Sparky's Thousand Palms Self-Storage [Member]
Debt Instrument [Line Items]
Mortgage notes payable related to assets held for sale	[6]		4,092,100
Fixed interest rate on mortgage (in hundredths)	[1],[6]	5.50%
Maturity date	[6]	Mar. 1, 2034
NetREIT, Inc. Properties [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 135,640,302	116,195,999
Model Home Properties [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 9,050,268	$ 7,703,299
Minimum [Member] | Model Home Properties [Member]
Debt Instrument [Line Items]
Maturity date		Jan. 1, 2015
Maximum [Member] | Model Home Properties [Member]
Debt Instrument [Line Items]
Maturity date		Jan. 1, 2019
[1]	Interest rates as of December 31, 2015
[2]	Interest subject to reset; thereafter, monthly payments of $11,982, including interest at rate indexed to 5-year Treasury Rate + 3%.
[3]	Interest rate subject to resetting on the 3r d and 6 th loan anniversary.
[4]	Interest at a variable rate indexed to the 5 year interest rate swap.
[5]	Interest rate is subject to reset on July 1, 2018.
[6]	Interest at variable rate ranging from 5.50%-10.50%.

Mortgage Notes Payable (Parenth

Mortgage Notes Payable (Parenthetical) (Details) - USD ($)		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014
Sparky's Thousand Palms Self-Storage [Member]
Debt Instrument [Line Items]
Interest rate, minimum (in hundredths)			5.50%
Interest rate, maximum (in hundredths)			10.50%
Sparky's Rialto Self-Storage [Member]
Debt Instrument [Line Items]
Periodic payment			$ 11,982
Executive Office Park [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate Terms		Interest rate is subject to reset on July 1, 2018.	Interest rate is subject to reset on July 1, 2018.
Morena Office Center [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate Terms		Interest rate subject to resetting on the 3r d and 6 th loan anniversary.	Interest rate subject to resetting on the 3r d and 6 th loan anniversary.
Pacific Oaks Plaza [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate Terms		Interest rate subject to resetting on the 3r d and 6 th loan anniversary.	Interest rate subject to resetting on the 3r d and 6 th loan anniversary.
Shoreline Medical Building [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate Terms		Interest rate subject to resetting on the 3r d and 6 th loan anniversary.	Interest rate subject to resetting on the 3r d and 6 th loan anniversary.
Model Home Properties [Member]
Debt Instrument [Line Items]
Fixed interest rate on mortgage range, minimum (in hundredths)	[1]	4.90%	4.90%
Fixed interest rate on mortgage range, maximum (in hundredths)	[1]	5.80%	5.80%
[1]	Each Model Home has a standalone mortgage note at interest rates ranging from 4.9% to 5.8% (at December 31, 2015).

Mortgage Notes Payable (Schedul

Mortgage Notes Payable (Scheduled Principal Payments of Mortgage Notes Payable) (Details)	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
2,016	$ 8,146,840
2,017	3,324,753
2,018	7,554,598
2,019	4,426,708
2,020	5,844,371
Thereafter	115,393,300
Total	144,690,570
NetREIT Inc [Member]
Debt Instrument [Line Items]
2,016	7,245,568
2,017	1,767,577
2,018	5,973,359
2,019	2,984,389
2,020	2,276,109
Thereafter	115,393,300
Total	135,640,302
Model Home [Member]
Debt Instrument [Line Items]
2,016	901,272
2,017	1,557,176
2,018	1,581,239
2,019	1,442,319
2,020	3,568,262
Total	$ 9,050,268

Mortgage Notes Payable - Additi

Mortgage Notes Payable - Additional Information (Details) - USD ($)		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Nov. 30, 2014
Debt Instrument [Line Items]
Mortgage notes payable		$ 144,690,570	$ 106,966,774
Havana Parker [Member]
Debt Instrument [Line Items]
Mortgage notes payable		$ 2,500,000	2,500,000
Fixed interest rate on mortgage (in hundredths)	[1]	6.51%
Debt Instrument, Maturity Date		Jul. 1, 2016
Havana Parker [Member] | Modification Agreement [Member]
Debt Instrument [Line Items]
Mortgage notes payable			$ 2,500,000	$ 3,037,000
Fixed interest rate on mortgage (in hundredths)			2.50%
Debt Instrument, Maturity Date			Jul. 1, 2016
Debt Instrument Periodic Payment Principal			$ 100,000
[1]	Interest rates as of December 31, 2015

Series B Mandatorily Redeemab48

Series B Mandatorily Redeemable Preferred Stock (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Aug. 31, 2014
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Deferred financing costs	$ 2,052,000	$ 1,748,000
Redeemable Convertible Preferred Stock Series B [Member]
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Financial Instruments Subject to Mandatory Redemption, Capital Contributions			$ 40,000,000
Preferred stock shares issued (in shares)	35,000	16,600
Preferred stock, par or stated value (in dollars per share)	$ 0.01	$ 0.01
Liquidation preference per share (in dollars per share)	$ 1,000	$ 1,000
Financial Instruments Subject to Mandatory Redemption, Return On Funds Invested	14.00%
Financial Instruments Subject to Mandatory Redemption, Monthly Payout, Percent	10.00%
Financial Instruments Subject to Mandatory Redemption, Monthly Percent Accrued	4.00%
Deferred financing costs	$ 3,100,000
Interest expense	$ 951,000	$ 380,000

Stockholders' Equity (Common an

Stockholders' Equity (Common and Preferred Stock) (Details)	12 Months Ended
	Dec. 31, 2015Vote$ / sharesshares	Dec. 31, 2011$ / sharesshares	Dec. 31, 2014$ / sharesshares	Aug. 31, 2014USD ($)
Private Placement [Member]
Common Stock [Abstract]
Sale of Stock, Number of Shares Issued in Transaction		20,000,000
Sale of Stock, Price Per Share | $ / shares		$ 10
Sale Of Stock Nature Of Consideration Received Per Transaction	The Company ceased raising capital under this private placement offering effective December 31, 2011.
Preferred Stock [Member]
Preferred Stock [Abstract]
Preferred shares authorized (in shares)	8,990,000
Preferred shares issued (in shares)	0
Convertible Series AA Preferred Stock [Member]
Preferred Stock [Abstract]
Preferred shares authorized (in shares)	1,000,000		1,000,000
Annual cash dividend rate (in hundredths)	7.00%
Liquidation preference per share (in dollars per share) | $ / shares	$ 25		$ 25
Initial conversion price (in dollars per share) | $ / shares	$ 25
Total number of common shares issuable upon conversion of outstanding shares of preferred stock (in shares)	2
Preferred shares issued (in shares)	0		0
Redeemable Convertible Series 6.3% Preferred Stock [Member] | NetREIT National City Partnership, LP [Member]
Preferred Stock [Abstract]
Preferred shares authorized (in shares)	1,649
Annual cash dividend rate (in hundredths)		6.30%
Preferred Stock Dividend Payment Terms	Quarterly
Preferred Stock Redemption Amount | $				$ 1,600,000
Common Class A [Member]
Common Stock [Abstract]
Common stock, shares authorized (in shares)	100,000,000		100,000,000
Par value (in dollars per share) | $ / shares	$ 0.01		$ 0.01
Common stock shares issued (in shares)	17,202,228		16,887,377
Number of votes holder is entitled to | Vote	1
Maximum individual common stock ownership (in hundredths)	9.80%
Common Class B [Member]
Common Stock [Abstract]
Common stock, shares authorized (in shares)	1,000
Par value (in dollars per share) | $ / shares	$ 0.01
Common stock shares issued (in shares)	0
Number of votes holder is entitled to | Vote	1
Maximum individual common stock ownership (in hundredths)	9.80%

Stockholders' Equity (Dividends

Stockholders' Equity (Dividends) (Details) - USD ($)	Jan. 23, 2012	Dec. 31, 2015	Dec. 31, 2014
Cash Dividends [Abstract]
Cash dividends paid, net of reinvested stock dividends		$ 4,124,000	$ 4,803,000
Annualized dividend rate (in dollars per share)		$ 0.400	$ 0.471
Dividend Reinvestment Plan [Abstract]
Registered shares of common stock pursuant to dividend reinvestment plan (in shares)	1,500,000
Percentage of purchase price per share (in hundredths)	95.00%
Former sales price per share (in dollars per share)	$ 9.50
Payment of sales commission or dealer manager fee	$ 0
Notice period for amendments to Dividend Reinvestment Plan		30 days
Common stock issued under dividend reinvestment plan		$ 13,900,000
Common stock issued under dividend reinvestment plan (in shares)		1,465,000
Redeemable Convertible Series 6.3% Preferred Stock [Member]
Cash Dividends [Abstract]
Cash dividends paid		$ 0	$ 65,000

Stockholders' Equity (Limited P

Stockholders' Equity (Limited Partnerships) (Details) - $ / shares	Feb. 28, 2010	Oct. 31, 2009
NetREIT Casa Grande LP and NetREIT Palm LP [Member]
Limited Partnerships [Abstract]
Conversion price of common stock used for exchange of equity interest (in dollars per share)		$ 8.44
NetREIT Casa Grande LP and NetREIT Palm LP [Member] | Put Option [Member]
Limited Partnerships [Abstract]
Conversion price of common stock used for exchange of equity interest (in dollars per share)		$ 8.44
NetREIT Casa Grande LP and NetREIT Palm LP [Member] | Maximum [Member]
Limited Partnerships [Abstract]
Number of shares of common stock received upon exchange (in shares)		457,028
NetREIT Casa Grande LP and NetREIT Palm LP [Member] | Maximum [Member] | Put Option [Member]
Limited Partnerships [Abstract]
Number of shares of common stock received upon exchange (in shares)		457,028
NetREIT Garden Gateway LP [Member]
Limited Partnerships [Abstract]
Conversion price of common stock used for exchange of equity interest (in dollars per share)	$ 9.52
NetREIT Garden Gateway LP [Member] | Put Option [Member]
Limited Partnerships [Abstract]
Conversion price of common stock used for exchange of equity interest (in dollars per share)	$ 9.52
NetREIT Garden Gateway LP [Member] | Maximum [Member]
Limited Partnerships [Abstract]
Number of shares of common stock received upon exchange (in shares)	105,000
NetREIT Garden Gateway LP [Member] | Maximum [Member] | Put Option [Member]
Limited Partnerships [Abstract]
Number of shares of common stock received upon exchange (in shares)	105,000

Share-Based Incentive Plan (Det

Share-Based Incentive Plan (Details) - USD ($)	1 Months Ended	12 Months Ended
	Dec. 31, 2006	Dec. 31, 2015	Dec. 31, 2014
Share-Based Incentive Plan [Abstract]
Value of granted nonvested restricted stock issued		$ 1,036,000	$ 876,000
Compensation expense		$ 465,000	$ 456,000
Non Vested Restricted Shares | Minimum [Member]
Share-Based Incentive Plan [Abstract]
Vesting period		1 year
Non Vested Restricted Shares | Maximum [Member]
Share-Based Incentive Plan [Abstract]
Vesting period		10 years
Restricted Stock Plan [Member] | Restricted Stock [Member]
Nonvested Restricted Shares [Roll Forward]
Balance, beginning of period (in shares)		101,890
Granted (in shares)		79,162
Vested (in shares)		(54,051)
Cancelled (in shares)		(4,613)
Balance, end of period (in shares)		122,388	101,890
Restricted Stock Plan [Member] | Restricted Stock [Member] | Minimum [Member]
Share-Based Incentive Plan [Abstract]
Vesting period		3 years
Restricted Stock Plan [Member] | Restricted Stock [Member] | Maximum [Member]
Share-Based Incentive Plan [Abstract]
Vesting period		5 years
Restricted Stock Plan [Member] | Private Placement [Member] | Restricted Stock [Member]
Share-Based Incentive Plan [Abstract]
Offering price (in dollars per share)	$ 8.60	$ 10

Related Party Transaction (Paci

Related Party Transaction (Pacific Oaks Plaza) (Details) - Chairman And Chief Executive Officer And Another Related Party - Pacific Oaks Plaza [Member] - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Ownership percentage of related party (in hundredths)	100.00%
Rent Payments [Member]
Related Party Transaction [Line Items]
Revenue from related parties	$ 36,000	$ 36,000

Related Party Transaction (Limi

Related Party Transaction (Limited Partner) (Details) - NetREIT 01, LP [Member] - USD ($)	1 Months Ended
	Jan. 31, 2015	Apr. 30, 2014	Jan. 31, 2014
Limited Partners Capital Account [Line Items]
Limited Partner Interest Converted			52.80%
Limited Partners Capital Account Units Converted		18,807	21,000
Subsidiary of Limited Liability Company or Limited Partnership, Ownership Interest			89.00%
Partners' Capital Account, Units Purchased, Per Share			$ 7.858
Partners' Capital Account, Treasury Units, Purchased	$ 148,000

Segments (Net Operating Income

Segments (Net Operating Income by Segment) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Net Operating Income [Abstract]
Rental income	$ 23,590,011	$ 16,378,195
Property and related expenses	(8,515,151)	(5,749,279)
Asset impairment		(950,000)
Gain (loss) on sales of real estate, net	6,243,640	5,120,699
General and administrative expenses	(4,672,783)	(4,578,517)
Interest expense	(6,007,101)	(4,439,232)
Interest income	150,008	85,806
Net loss	(2,027,498)	(853,601)
Significant Reconciling Items [Member]
Net Operating Income [Abstract]
Net operating income, as defined	15,332,319	9,936,986
General and administrative expenses	(5,193,888)	(5,555,449)
Depreciation and amortization	(7,784,917)	(5,383,266)
Interest expense	(10,774,660)	(5,595,329)
Interest income	150,008	85,806
Gain on extinguishment of debt		536,952
Net loss	(2,027,498)	(853,601)
Industrial Office Properties [Member] | Significant Reconciling Items [Member]
Net Operating Income [Abstract]
Rental income	18,497,621	11,800,836
Property and related expenses	(7,170,550)	(4,769,577)
Asset impairment		(950,000)
Net operating income, as defined	11,327,071	6,081,259
Residential Properties [Member] | Significant Reconciling Items [Member]
Net Operating Income [Abstract]
Rental income	1,521,148	2,065,327
Property and related expenses	(63,875)	(102,082)
Net operating income, as defined	1,457,273	1,963,245
Retail Properties [Member] | Significant Reconciling Items [Member]
Net Operating Income [Abstract]
Rental income	3,960,076	2,607,744
Property and related expenses	(1,280,726)	(877,620)
Net operating income, as defined	2,679,350	1,730,124
Self Storage Properties [Member] | Significant Reconciling Items [Member]
Net Operating Income [Abstract]
Rental income	1,052,266	3,428,503
Property and related expenses	(1,183,641)	(3,266,145)
Net operating income, as defined	$ (131,375)	$ 162,358

Segments (Assets) (Details)

Segments (Assets) (Details) - USD ($)		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Asset Reconciling Item [Line Items]
Cash and cash equivalents		$ 6,626,423	$ 5,636,002	$ 10,207,001
Other assets, net		5,895,991	4,842,878
TOTAL ASSETS		257,932,691	220,624,938
Significant Reconciling Items [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Land, buildings and improvements, net		242,000,232	208,489,649
Cash and cash equivalents		6,626,423	5,636,002
Other assets, net		9,306,036	6,499,287
TOTAL ASSETS		257,932,691	220,624,938
Industrial Office Properties [Member] | Significant Reconciling Items [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Land, buildings and improvements, net	[1]	178,776,776	122,351,316
TOTAL ASSETS	[2]	190,857,259	130,184,998
Residential Properties [Member] | Significant Reconciling Items [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Land, buildings and improvements, net	[1]	16,888,267	13,133,827
TOTAL ASSETS	[2]	14,395,904	13,588,922
Retail Properties [Member] | Significant Reconciling Items [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Land, buildings and improvements, net	[1]	35,395,235	33,141,294
TOTAL ASSETS	[2]	$ 36,747,069	34,712,223
Self Storage Properties [Member] | Significant Reconciling Items [Member]
Segment Reporting Asset Reconciling Item [Line Items]
Land, buildings and improvements, net	[1]		29,107,675
TOTAL ASSETS	[2]		$ 30,003,506
[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.

Segments (Capital Expenditures)

Segments (Capital Expenditures) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Abstract]
Acquisition of operating properties	$ 67,852,592	$ 59,063,369
Capital expenditures and tenant improvements	2,854,939	2,567,027
Total real estate investments	70,707,531	61,630,396
Industrial Office Properties [Member]
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Abstract]
Acquisition of operating properties	59,223,876	42,125,000
Capital expenditures and tenant improvements	2,793,850	2,123,438
Residential Properties [Member]
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Abstract]
Acquisition of operating properties	5,720,540	5,726,700
Retail Properties [Member]
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Abstract]
Acquisition of operating properties	2,908,176	11,211,669
Capital expenditures and tenant improvements	54,839	359,473
Self Storage Properties [Member]
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Abstract]
Capital expenditures and tenant improvements	$ 6,250	$ 84,116

Pro Forma Financial Informati58

Pro Forma Financial Information (Details)	3 Months Ended
	Sep. 30, 2015Property
Business Combinations [Abstract]
Number of acquired hotel properties	5

Pro Forma Financial Informati59

Pro Forma Financial Information (Results of Operations) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Business Combinations [Abstract]
Revenues	$ 4,655,215	$ 4,234,510
Total operating expenses	1,841,705	1,918,842
Net income	2,813,510	2,315,668
Net loss attributable to NetREIT, Inc. common stockholders	$ (168,244)	$ (579,296)

Subsequent Events (Details)

Subsequent Events (Details)	12 Months Ended
	Dec. 31, 2015$ / shares
Subsequent Events [Abstract]
Common Stock, Dividends, Per Share, Declared	$ 0.10

Schedule III (Real Estate and A

Schedule III (Real Estate and Accumulated Depreciation and Amortization) (Details) $ in Thousands	Dec. 31, 2015USD ($)
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	$ 144,691
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	50,175
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	201,506
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	251,681
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	13,617
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	50,175
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	215,123
SEC Schedule III, Real Estate, Gross, Total	265,298
Real Estate Accumulated Depreciation	29,962
Mortgage Loans on Real Estate, Write-down or Reserve, Amount	4,250
SEC Schedule III, Real Estate Investment Property, Net, Total	231,086
Industrial Office Properties [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	120,017
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	37,630
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	157,145
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	194,775
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	11,950
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	37,630
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	169,095
SEC Schedule III, Real Estate, Gross, Total	206,725
Real Estate Accumulated Depreciation	23,976
Mortgage Loans on Real Estate, Write-down or Reserve, Amount	3,950
SEC Schedule III, Real Estate Investment Property, Net, Total	178,799
Industrial Office Properties [Member] | Havana Parker [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	2,500
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	1,023
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	4,806
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	5,829
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	2,603
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	1,023
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	7,409
SEC Schedule III, Real Estate, Gross, Total	8,432
Real Estate Accumulated Depreciation	2,889
Mortgage Loans on Real Estate, Write-down or Reserve, Amount	3,450
SEC Schedule III, Real Estate Investment Property, Net, Total	2,093
Industrial Office Properties [Member] | Garden Gateway Plaza [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	6,799
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	3,035
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	12,091
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	15,126
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	1,335
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	3,035
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	13,426
SEC Schedule III, Real Estate, Gross, Total	16,461
Real Estate Accumulated Depreciation	4,653
SEC Schedule III, Real Estate Investment Property, Net, Total	11,808
Industrial Office Properties [Member] | Executive Office Park [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	4,308
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	1,266
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	8,815
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	10,081
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	386
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	1,266
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	9,201
SEC Schedule III, Real Estate, Gross, Total	10,467
Real Estate Accumulated Depreciation	2,240
SEC Schedule III, Real Estate Investment Property, Net, Total	8,227
Industrial Office Properties [Member] | Pacific Oaks Plaza [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	1,557
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	980
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	3,868
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	4,848
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	143
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	980
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	4,011
SEC Schedule III, Real Estate, Gross, Total	4,991
Real Estate Accumulated Depreciation	780
SEC Schedule III, Real Estate Investment Property, Net, Total	4,211
Industrial Office Properties [Member] | Morena Office Center [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	2,289
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	1,333
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	5,203
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	6,536
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	707
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	1,333
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	5,910
SEC Schedule III, Real Estate, Gross, Total	7,243
Real Estate Accumulated Depreciation	1,474
Mortgage Loans on Real Estate, Write-down or Reserve, Amount	500
SEC Schedule III, Real Estate Investment Property, Net, Total	5,269
Industrial Office Properties [Member] | Genesis Plaza [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	6,500
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	1,400
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	8,600
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	10,000
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	805
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	1,400
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	9,405
SEC Schedule III, Real Estate, Gross, Total	10,805
Real Estate Accumulated Depreciation	2,407
SEC Schedule III, Real Estate Investment Property, Net, Total	8,398
Industrial Office Properties [Member] | Dakota Center [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	10,825
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	832
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	8,743
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	9,575
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	2,752
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	832
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	11,495
SEC Schedule III, Real Estate, Gross, Total	12,327
Real Estate Accumulated Depreciation	1,875
SEC Schedule III, Real Estate Investment Property, Net, Total	10,452
Industrial Office Properties [Member] | Rangewood Medical Office Building [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	1,027
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	572
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	2,058
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	2,630
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	384
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	572
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	2,442
SEC Schedule III, Real Estate, Gross, Total	3,014
Real Estate Accumulated Depreciation	707
SEC Schedule III, Real Estate Investment Property, Net, Total	2,307
Industrial Office Properties [Member] | Shoreline Medical Building [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	3,728
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	1,820
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	4,530
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	6,350
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	1,820
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	4,530
SEC Schedule III, Real Estate, Gross, Total	6,350
Real Estate Accumulated Depreciation	494
SEC Schedule III, Real Estate Investment Property, Net, Total	5,856
Industrial Office Properties [Member] | Port of San Diego Complex [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	10,098
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	9,613
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	4,887
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	14,500
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	700
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	9,613
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	5,587
SEC Schedule III, Real Estate, Gross, Total	15,200
Real Estate Accumulated Depreciation	1,230
SEC Schedule III, Real Estate Investment Property, Net, Total	13,970
Industrial Office Properties [Member] | The Presidio [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	6,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	1,325
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	5,950
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	7,275
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	553
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	1,325
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	6,503
SEC Schedule III, Real Estate, Gross, Total	7,828
Real Estate Accumulated Depreciation	1,185
SEC Schedule III, Real Estate Investment Property, Net, Total	6,643
Industrial Office Properties [Member] | Bismarck Office [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	3,252
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	413
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	4,926
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	5,339
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	419
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	413
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	5,345
SEC Schedule III, Real Estate, Gross, Total	5,758
Real Estate Accumulated Depreciation	854
SEC Schedule III, Real Estate Investment Property, Net, Total	4,904
Industrial Office Properties [Member] | Union Terrace [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	6,600
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	1,717
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	7,708
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	9,425
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	329
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	1,717
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	8,037
SEC Schedule III, Real Estate, Gross, Total	9,754
Real Estate Accumulated Depreciation	1,147
SEC Schedule III, Real Estate Investment Property, Net, Total	8,607
Industrial Office Properties [Member] | Centennial Tech Center [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	10,238
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	2,025
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	13,475
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	15,500
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	48
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	2,025
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	13,523
SEC Schedule III, Real Estate, Gross, Total	15,548
Real Estate Accumulated Depreciation	792
SEC Schedule III, Real Estate Investment Property, Net, Total	14,756
Industrial Office Properties [Member] | Arapahoe Service Center [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	8,500
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	1,420
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	10,430
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	11,850
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	29
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	1,420
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	10,459
SEC Schedule III, Real Estate, Gross, Total	11,879
Real Estate Accumulated Depreciation	578
SEC Schedule III, Real Estate Investment Property, Net, Total	11,301
Industrial Office Properties [Member] | West Fargo Industrial [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	4,500
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	1,693
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	6,207
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	7,900
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	26
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	1,693
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	6,233
SEC Schedule III, Real Estate, Gross, Total	7,926
Real Estate Accumulated Depreciation	94
SEC Schedule III, Real Estate Investment Property, Net, Total	7,832
Industrial Office Properties [Member] | 300 N.P. [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	135
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	3,715
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	3,850
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	116
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	135
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	3,831
SEC Schedule III, Real Estate, Gross, Total	3,966
Real Estate Accumulated Depreciation	57
SEC Schedule III, Real Estate Investment Property, Net, Total	3,909
Industrial Office Properties [Member] | Highland Court [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	6,958
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	3,608
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	9,442
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	13,050
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	474
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	3,608
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	9,916
SEC Schedule III, Real Estate, Gross, Total	13,524
Real Estate Accumulated Depreciation	279
SEC Schedule III, Real Estate Investment Property, Net, Total	13,245
Industrial Office Properties [Member] | One Park Centre [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	6,610
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	1,206
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	7,944
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	9,150
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	141
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	1,206
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	8,085
SEC Schedule III, Real Estate, Gross, Total	9,291
Real Estate Accumulated Depreciation	241
SEC Schedule III, Real Estate Investment Property, Net, Total	9,050
Industrial Office Properties [Member] | Shea Center II [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	17,728
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	2,214
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	23,747
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	25,961
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	2,214
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	23,747
SEC Schedule III, Real Estate, Gross, Total	25,961
SEC Schedule III, Real Estate Investment Property, Net, Total	25,961
Retail Properties [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	15,624
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	9,828
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	29,494
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	39,322
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	1,667
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	9,828
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	31,161
SEC Schedule III, Real Estate, Gross, Total	40,989
Real Estate Accumulated Depreciation	5,291
Mortgage Loans on Real Estate, Write-down or Reserve, Amount	300
SEC Schedule III, Real Estate Investment Property, Net, Total	35,398
Retail Properties [Member] | World Plaza [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	1,698
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	6,232
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	7,930
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	682
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	1,698
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	6,914
SEC Schedule III, Real Estate, Gross, Total	8,612
Real Estate Accumulated Depreciation	1,959
SEC Schedule III, Real Estate Investment Property, Net, Total	6,653
Retail Properties [Member] | Regatta Square [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	1,184
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	811
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	1,369
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	2,180
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	71
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	811
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	1,440
SEC Schedule III, Real Estate, Gross, Total	2,251
Real Estate Accumulated Depreciation	392
SEC Schedule III, Real Estate Investment Property, Net, Total	1,859
Retail Properties [Member] | Waterman Plaza [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	2,350
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	4,814
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	7,164
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	81
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	2,350
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	4,895
SEC Schedule III, Real Estate, Gross, Total	7,245
Real Estate Accumulated Depreciation	1,068
Mortgage Loans on Real Estate, Write-down or Reserve, Amount	300
SEC Schedule III, Real Estate Investment Property, Net, Total	5,877
Retail Properties [Member] | Yucca Valley Retail Center [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	6,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	2,811
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	5,175
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	7,986
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	619
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	2,811
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	5,794
SEC Schedule III, Real Estate, Gross, Total	8,605
Real Estate Accumulated Depreciation	1,415
SEC Schedule III, Real Estate Investment Property, Net, Total	7,190
Retail Properties [Member] | Union Town Center [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	8,440
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	1,750
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	9,462
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	11,212
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	153
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	1,750
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	9,615
SEC Schedule III, Real Estate, Gross, Total	11,365
Real Estate Accumulated Depreciation	424
SEC Schedule III, Real Estate Investment Property, Net, Total	10,941
Retail Properties [Member] | Research [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	408
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	2,442
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	2,850
SEC Schedule III Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	61
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	408
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	2,503
SEC Schedule III, Real Estate, Gross, Total	2,911
Real Estate Accumulated Depreciation	33
SEC Schedule III, Real Estate Investment Property, Net, Total	2,878
Model Home [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	9,050
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	2,717
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	14,867
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	17,584
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	2,717
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	14,867
SEC Schedule III, Real Estate, Gross, Total	17,584
Real Estate Accumulated Depreciation	695
SEC Schedule III, Real Estate Investment Property, Net, Total	16,889
Model Home [Member] | NetREIT Dubose Model Home REIT, Inc. [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	4,804
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	1,417
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	7,983
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	9,400
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	1,417
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	7,983
SEC Schedule III, Real Estate, Gross, Total	9,400
Real Estate Accumulated Depreciation	472
SEC Schedule III, Real Estate Investment Property, Net, Total	8,928
Model Home [Member] | Dubose Model Home Investors 201 L.P. [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	860
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	287
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	1,337
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	1,624
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	287
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	1,337
SEC Schedule III, Real Estate, Gross, Total	1,624
Real Estate Accumulated Depreciation	94
SEC Schedule III, Real Estate Investment Property, Net, Total	1,530
Model Home [Member] | Dubose Model Home Investors 202, L.P. [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	2,508
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	796
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	4,236
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	5,032
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	796
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	4,236
SEC Schedule III, Real Estate, Gross, Total	5,032
Real Estate Accumulated Depreciation	106
SEC Schedule III, Real Estate Investment Property, Net, Total	4,926
Model Home [Member] | NetREIT Model Homes LLC [Member]
Real Estate And Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	878
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land	217
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	1,311
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements, Total	1,528
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	217
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	1,311
SEC Schedule III, Real Estate, Gross, Total	1,528
Real Estate Accumulated Depreciation	23
SEC Schedule III, Real Estate Investment Property, Net, Total	$ 1,505