Hartman vREIT XXI (HART) 10-Q 16 May 22 2022 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2022	May 01, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	333-207711
Entity Registrant Name	HARTMAN vREIT XXI, INC.
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	38-3978914
Entity Address, Address Line One	2909 Hillcroft
Entity Address, Address Line Two	Suite 420
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77057
City Area Code	713
Local Phone Number	467-2222
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Smaller Reporting Company	true
Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		9,245,535
Amendment Flag	false
Entity Central Index Key	0001654948
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Class T
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		492,433
Class A
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		8,698,244
Class I
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		35,150
Class S
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		19,708

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Real estate assets, at cost	$ 84,887,000	$ 84,012,000
Accumulated depreciation and amortization	(17,441,000)	(16,369,000)
Real estate assets, net	67,446,000	67,643,000
Investment in tenant in common interest, net	3,295,000	3,386,000
Total	70,741,000	71,029,000
Cash and cash equivalents	691,000	0
Restricted cash	175,000	144,000
Notes receivable - related party	13,063,000	11,388,000
Investment in unconsolidated entities	11,734,000	11,734,000
Deferred lease commissions, net	1,844,000	1,799,000
Accrued rent and accounts receivable, net	2,280,000	1,955,000
Prepaid expenses and other assets	200,000	303,000
Acquisition deposits	125,000	125,000
Due from related parties	1,248,000	1,060,000
Total assets	102,101,000	99,537,000
Liabilities:
Notes payable, net	42,510,000	37,655,000
Accounts payable and accrued expenses	3,309,000	5,200,000
Tenants' security deposits	799,000	728,000
Total liabilities	46,618,000	43,583,000
Special limited partnership interests	1,000	1,000
Stockholders' equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized, 0 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively	0	0
Additional paid-in capital	83,584,000	82,445,000
Accumulated distributions and net loss	(28,193,000)	(26,582,000)
Total stockholders' equity	55,482,000	55,953,000
Total liabilities and total equity	102,101,000	99,537,000
Class A
Stockholders' equity:
Common stock	86,000	85,000
Class T
Stockholders' equity:
Common stock	5,000	5,000
Class S
Stockholders' equity:
Common stock	0	0
Class I
Stockholders' equity:
Common stock	$ 0	$ 0

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2022	Dec. 31, 2021
Common stock, par value (in dollars per share)	$ 0.01
Common stock, shares authorized (in shares)	900,000,000
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	50,000,000	50,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Class A
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	270,000,000	270,000,000
Common stock, shares issued (in shares)	8,573,912	8,483,580
Common stock, shares outstanding (In shares)	8,573,912	8,483,580
Class T
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	70,000,000	70,000,000
Common stock, shares issued (in shares)	489,821	479,219
Common stock, shares outstanding (In shares)	489,821	479,219
Class S
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	280,000,000	280,000,000
Common stock, shares issued (in shares)	19,708	19,708
Common stock, shares outstanding (In shares)	19,708	19,708
Class I
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	280,000,000	280,000,000
Common stock, shares issued (in shares)	35,150	22,442
Common stock, shares outstanding (In shares)	35,150	22,442

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues
Rental revenues	$ 3,315	$ 3,296
Total revenues	3,315	3,296
Expenses (income)
Property operating expenses	1,205	1,821
Asset management fees	138	138
Organization and offering costs	33	1
Real estate taxes and insurance	610	602
Depreciation and amortization	1,072	1,391
General and administrative	424	271
Interest expense	297	284
Interest and dividend income	(413)	(440)
Equity in net loss of tenant in common interest	91	294
Total expenses, net	3,457	4,362
Net loss	$ (142)	$ (1,066)
Basic and diluted loss per common share:
Net loss attributable to common stockholders, basic (in dollars per share)	$ (0.02)	$ (0.12)
Net loss attributable to common stockholders, diluted (in dollars per share)	$ (0.02)	$ (0.12)
Weighted average number of common shares outstanding, basic (in shares)	9,091	8,839
Weighted average number of common shares outstanding, diluted (in shares)	9,091	8,839

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Accumulated Distributions And Net Loss
Balance at beginning of period (in shares) at Dec. 31, 2020		8,811
Balance at beginning of period at Dec. 31, 2020	$ 61,987	$ 88	$ 80,519	$ (18,620)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common shares (in shares)		56
Issuance of common shares	565		565
Redemptions (in shares)		(5)
Redemptions	(47)		(47)
Selling commissions	(3)		(3)
Dividends and distributions (DRP based)	(566)			(566)
Dividends and distributions (cash based)	(839)			(839)
Net loss	(1,066)			(1,066)
Balance at end of period (in shares) at Mar. 31, 2021		8,862
Balance at end of period at Mar. 31, 2021	60,031	$ 88	81,034	(21,091)
Balance at beginning of period (in shares) at Dec. 31, 2021		9,005
Balance at beginning of period at Dec. 31, 2021	55,953	$ 90	82,445	(26,582)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common shares (in shares)		115
Issuance of common shares	1,199	$ 1	1,198
Redemptions (in shares)		(1)
Redemptions	(11)		(11)
Selling commissions	(48)		(48)
Dividends and distributions (DRP based)	(583)			(583)
Dividends and distributions (cash based)	(886)			(886)
Net loss	(142)			(142)
Balance at end of period (in shares) at Mar. 31, 2022		9,119
Balance at end of period at Mar. 31, 2022	$ 55,482	$ 91	$ 83,584	$ (28,193)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended					63 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2022
Cash flows from operating activities:
Net loss	$ (142)			$ (1,066)
Adjustments to reconcile net loss to net cash provided by operating activities:
Stock based compensation	25			7
Depreciation and amortization	1,072			1,391
Deferred loan and lease commission costs amortization	141			90
Equity in net loss of tenant in common interest	91			294
Bad debt provision	38			0
Changes in operating assets and liabilities:
Accrued rent and accounts receivable	(363)			(532)
Deferred lease commissions	(159)			(127)
Prepaid expenses and other assets	103			140
Accounts payable and accrued expenses	(1,343)			(788)
Due to/from related parties	(188)			959
Tenants' security deposits	71			18
Net cash (used in) provided by operating activities	(654)			386
Cash flows from investing activities:
Additions to real estate	(875)			(639)
Issuance of notes receivable- related parties	(1,675)			0
Net cash used in investing activities	(2,550)			(639)
Cash flows from financing activities:
Proceeds from issuance of common stock	616			0
Payment of redemption of common stock	(11)			(47)
Distributions paid in cash	(1,459)	$ (286)	$ (1,117)	(566)	$ (821)	$ (10,516)
Payment of selling commissions	(48)			(3)
Deferred loan costs paid	0			(28)
Change in subscriptions for common stock	0			(50)
Proceeds from revolving credit facility	4,845			1,001
Repayments of term loan	(17)			0
Net cash provided by financing activities	3,926			307
Net increase in cash and cash equivalents and restricted cash	722			54
Cash and cash equivalents and restricted cash, beginning of period	144		$ 601	547
Cash and cash equivalents and restricted cash, end of period	866	$ 144		601	$ 547	$ 866
Supplemental cash flow information:
Cash paid for interest	263			244
Supplemental disclosures of non-cash investing and financing activities:
Change in distributions payable	(573)			273
Distributions paid in stock	583			566
Deferred loan costs settled through increase in credit facility principal	$ 222			$ 0

Organization and Business

Organization and Business	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business	Organization and Business Hartman vREIT XXI, Inc. (the “Company”) is a Maryland corporation formed on September 3, 2015. The Company elected to be treated as a real estate investment trust (“REIT”) beginning with its taxable year ended December 31, 2017. The Company’s fiscal year end is December 31. In its initial public offering, the Company offered to the public up to $250,000,000 in any combination of shares of Class A and Class T common stock and up to $19,000,000 in shares of Class A and Class T common stock to stockholders pursuant to its distribution reinvestment plan. In its follow-on offering, the Company registered $180,000,000 in any combination of shares of Class A and Class T common stock to be offered to the public and $5,000,000 to be offered to shareholders pursuant to the distribution reinvestment plan. On May 12, 2020, the Company's board of directors authorized the classification and designation of Class I and Class S common stock. As of March 31, 2022, 900,000,000 shares of capital stock were classified as common stock, par value $0.01 per share, 270,000,000 of which were classified and designated as Class A common stock (“Class A Shares”), 280,000,000 were classified and designated as Class S common stock ("Class S Shares"), 280,000,000 of which were classified as Class I common stock ("Class I Shares"), and 70,000,000 were designated as Class T Common stock (“Class T Shares”). Effective May 10, 2022, the sale price of our Class A, Class S, Class I and Class T common shares to the public is $11.31, $10.55, $10.17, and $10.83 per share, respectively, representing the net asset value per share as determined by the board of directors plus the applicable sales commissions and managing broker dealer fees. The sale price of all classes of common shares to our shareholders pursuant to the distribution reinvestment plan is $10.17 per share. The Company’s board of directors may, in its sole discretion and from time to time, change the price at which the Company offers shares to the public in the primary offering or pursuant to its distribution reinvestment plan to reflect changes in estimated value per share and other factors that the board of directors deems relevant. The Company’s advisor is Hartman XXI Advisors, LLC (the “Advisor”), a Texas limited liability company and wholly owned subsidiary of Hartman Advisors, LLC. Hartman Income REIT Management, Inc., an affiliate of the Advisor, is the Company’s sponsor and property manager (“Sponsor” and “Property Manager”). Effective July 1, 2020, the Advisor and the Property Manager are wholly owned subsidiaries of Hartman Short Term Income Properties XX, Inc. Subject to certain restrictions and limitations, the Advisor is responsible for managing the Company’s affairs on a day-to-day basis and for identifying and making acquisitions and investments on behalf of the Company. Substantially all the Company’s business is conducted through Hartman vREIT XXI Operating Partnership, L.P., a Texas limited partnership (the “OP”). The Company is the sole general partner of the OP. The initial limited partners of the OP are Hartman vREIT XXI Holdings LLC, a wholly owned subsidiary of the Company (“XXI Holdings”), and Hartman vREIT XXI SLP LLC (“SLP LLC”), a wholly owned subsidiary of Hartman Advisors, LLC. SLP LLC has invested $1,000 in the OP in exchange for a separate class of limited partnership interests (the “Special Limited Partnership Interests”). As the Company accepts subscriptions for shares, it will transfer substantially all the net proceeds of the Offering to the OP as a capital contribution. The partnership agreement provides that the OP will be operated in a manner that will enable the Company to (1) satisfy the requirements for being classified as a REIT for tax purposes, (2) avoid any federal income or excise tax liability and (3) ensure that the OP will not be classified as a “publicly traded partnership” for purposes of Section 7704 of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”), which classification could result in the OP being taxed as a corporation, rather than as a partnership. In addition to the administrative and operating costs and expenses incurred by the OP in acquiring and operating real properties, the OP will pay all the Company’s administrative costs and expenses and such expenses will be treated as expenses of the OP.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying consolidated financial statements included in this report are unaudited; however, amounts presented in the consolidated balance sheet as of December 31, 2021 are derived from our audited consolidated financial statements as of that date. The unaudited consolidated financial statements as of March 31, 2022, have been prepared by the Company in accordance with accounting principles generally accepted in the United States (“GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission, including Form 10-Q and Regulation S-X, on a basis consistent with the annual audited consolidated financial statements. The unaudited consolidated financial statements presented herein reflect all adjustments (consisting of normal recurring accruals and adjustments), which are, in the opinion of management, necessary to fairly present the financial position of the Company as of March 31, 2022 , and the results of its consolidated operations, consolidated statements of stockholders' equity, and consolidated statements of cash flows for the three months ended March 31, 2022 and 2021. The results for the three months ended March 31, 2022 are not necessarily indicative of the results to be expected for the year ending December 31, 2022 . The consolidated financial statements herein are condensed and should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. The Company’s consolidated financial statements include the Company’s accounts and the accounts of its subsidiaries over which the Company has control. All intercompany balances and transactions are eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents All highly liquid investments with original maturities of three months or less are considered to be cash equivalents. Cash and cash equivalents as of March 31, 2022 and December 31, 2021 consisted of demand deposits at commercial banks. As of December 31, 2021 , the Company had a bank overdraft of $184,000. The overdraft is recorded as a liability in accounts payable and accrued expenses on the consolidated balance sheets. Restricted Cash Restricted cash on the accompanying consolidated balance sheets consists of amounts escrowed for future real estate taxes, insurance, capital expenditures and debt service, as required by certain of our mortgage debt agreements. Financial Instruments The accompanying consolidated balance sheets include the following financial instruments: cash and cash equivalents, restricted cash, notes receivable, accrued rent and accounts receivable, accounts payable and accrued expenses, notes payable, net and balances with related parties. The Company considers the carrying value, other than notes payable, net, to approximate the fair value of these financial instruments based on the short duration between origination of the instruments and their expected realization. Based on borrowing rates currently available to the Company for loans with similar terms, the carrying value of its notes payable approximates fair value. Revenue Recognition The Company’s leases are accounted for as operating leases. Certain leases provide for tenant occupancy during periods for which no rent is due and/or for increases or decreases in the minimum lease payments over the terms of the leases. Revenue is recognized on a straight-line basis over the terms of the individual leases. Revenue recognition under a lease begins when the tenant takes possession of or controls the physical use of the leased space. When the Company acquires a property, the term of existing leases is considered to commence as of the acquisition date for the purposes of this calculation. The Company’s accrued rents are included in accrued rent and accounts receivable, net, on the accompanying consolidated balance sheets. The Company will defer the recognition of contingent rental income, such as percentage rents, until the specific target that triggers the contingent rental income is achieved. The Company’s revenue is primarily derived from leasing activities, which is specifically excluded from ASC 606 - Revenue from Contracts with Customers ("ASC 606"). The Company’s revenue is also comprised of tenant reimbursements for real estate taxes, insurance, common area maintenance, and operating. Reimbursements from real estate taxes and certain other expenses are also excluded from ASC 606 and accounted for under ASC 842 - Leases. The Company elected to utilize the practical expedient provided by Accounting Standards Update (“ASU”) 2018-11 related to the separation of lease and non-lease components and as a result, revenues related to leases are reported on one line in the presentation within the consolidated statement of operations. Investment in Real Estate Joint Ventures and Partnerships To determine the method of accounting for partially owned real estate joint ventures and partnerships, management determines whether an entity is a VIE and, if so, determines which party is the primary beneficiary by analyzing whether we have both the power to direct the entity’s significant economic activities and the obligation to absorb potentially significant losses or receive potentially significant benefits. Significant judgments and assumptions inherent in this analysis include the design of the entity structure, the nature of the entity’s operations, future cash flow projections, the entity’s financing and capital structure, and contractual relationships and terms. We consolidate a VIE when we have determined that we are the primary beneficiary. Primary risks associated with our involvement with our VIEs include the potential funding of the entities’ debt obligations or making additional contributions to fund the entities’ operations or capital activities. Partially owned, non-variable interest real estate joint ventures and partnerships over which we have a controlling financial interest are consolidated in our consolidated financial statements. In determining if we have a controlling financial interest, we consider factors such as ownership interest, authority to make decisions, kick-out rights and substantive participating rights. Partially owned real estate joint ventures and partnerships where we do not have a controlling financial interest, but have the ability to exercise significant influence, are accounted for using the equity method. Management continually analyzes and assesses reconsideration events, including changes in the factors mentioned above, to determine if the consolidation or equity method treatment remains appropriate. The Company's investments in Hartman SPE, LLC and Hartman XX are accounted for in accordance with accounting standards for equity securities. Management has determined that the Hartman SPE, LLC and Hartman XX investments do not have readily determinable fair values and are recorded at cost minus impairment. The Company's investment in 3100 Weslayan is accounted for as an equity method investment. The Company evaluates its investment in real estate joint ventures and partnerships for impairment each reporting period. The Company evaluates various factors, including operating results of the investee, ability and intent to hold the investment and views on current market and economic conditions, when determining if there is a decline in the investment value. The Company will record an impairment charge if it's determined that a decline in the estimated fair value of an investment below its carrying amount is other than temporary. The ultimate realization is dependent on a number of factors, including the performance of each investment and market conditions. There is no certainty that impairments will not occur in the future if market conditions decline or if management’s plans for these investments change. Allocation of Purchase Price of Acquired Assets Acquisitions of integrated assets and activities that do not meet the definition of a business are accounted for as asset acquisitions. The Company believes most of its future acquisitions of operating properties will qualify as asset acquisitions. Third party transaction costs, including acquisition fees paid to Advisor, associated with asset acquisitions will be capitalized while internal acquisition costs will continue to be expensed as incurred. Upon acquisition, the purchase price of properties is allocated to the tangible assets acquired, consisting of land, buildings and improvements, any assumed debt and asset retirement obligations, if any, based on their relative fair values. Acquisition costs, including acquisition fees paid to our advisor, are capitalized as part of the purchase price. Land and building and improvement fair values are derived based upon the Company’s estimate of fair value after giving effect to estimated replacement cost less depreciation or estimates of the relative fair value of these assets using discounted cash flow analysis or similar methods. The fair values of above-market and below-market in-place lease values, including below-market renewal options for which renewal has been determined to be reasonably assured, are recorded based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (a) the contractual amounts to be paid pursuant to the in-place leases and (b) an estimate of fair market lease rates for the corresponding in-place leases and below-market renewal options, which is generally obtained from independent appraisals, measured over a period equal to the remaining non-cancelable term of the lease. The above-market and below-market lease and renewal option values are capitalized as intangible lease assets or liabilities and amortized as an adjustment of rental income over the remaining expected terms of the respective leases. The fair values of in-place leases include direct costs associated with obtaining a new tenant, opportunity costs associated with lost rentals which are avoided by acquiring an in-place lease, and tenant relationships. Direct costs associated with obtaining a new tenant include commissions, tenant improvements, and other direct costs and are estimated based on independent appraisals and management’s consideration of current market costs to execute a similar lease. These direct costs are included in intangible lease assets and are amortized to expense over the remaining terms of the respective leases. The value of opportunity costs is calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease. Customer relationships are valued based on expected renewal of a lease or the likelihood of obtaining a particular tenant for other locations. These intangibles are included in real estate assets in the consolidated balance sheets and are being amortized to expense over the remaining term of the respective leases. The Company determines the fair value of any assumed debt by calculating the net present value of the scheduled mortgage payments using interest rates for debt with similar terms and remaining maturities that the Company believes it could obtain at the date of acquisition. Any difference between the fair value and stated value of the assumed debt is recorded as a discount or premium and amortized over the remaining life of the loan as interest expense. In allocating the purchase price of each of the Company’s acquired or purchased properties, the Company makes assumptions and uses various estimates, including, but not limited to, the estimated useful lives of the assets, the cost of replacing certain assets and discount rates used to determine present values. The Company uses Level 3 inputs to estimate fair value of the acquired properties. Many of these estimates are obtained from independent third-party appraisals; however, the Company is responsible for the source and use of these estimates. These estimates require judgment and are subject to being imprecise; accordingly, if different estimates and assumptions were derived, the valuation of the various categories of the Company’s properties or related intangibles could in turn result in a difference in the depreciation or amortization expense recorded in the Company’s consolidated financial statements. These variances could be material to the Company’s results of operations and financial condition. Depreciation and amortization Depreciation is computed using the straight-line method over the estimated useful lives of 5 to 39 years for buildings and improvements. Tenant improvements are depreciated using the straight-line method over the lesser of the life of the improvement or the remaining term of the lease. In-place leases are amortized using the straight-line method over the weighted average years’ remaining calculated on terms of all of the leases in-place when acquired. Impairment The Company reviews its real estate and other assets for impairment at least annually or whenever events or changes in circumstances indicate that the carrying amount of the assets, including accrued rental income, may not be recoverable through operations. The Company determines whether an impairment in value has occurred by comparing the estimated future cash flows (undiscounted and without interest charges), including the estimated residual value of the property, with the carrying cost of the property. If impairment is indicated, a loss will be recorded for the amount by which the carrying value of the property exceeds its fair value. Management has determined that there is no impairment indicated in the carrying value of the Company’s real estate assets as of March 31, 2022. Projections of expected future cash flows require management to estimate future market rental income amounts subsequent to the expiration of current lease agreements, property operating expenses, discount rates, the number of months it takes to re-lease the property and the number of years the property is held for investment. The use of inappropriate assumptions in the future cash flow analysis would result in an incorrect assessment of the property’s future cash flow and fair value and could result in the overstatement of the carrying value of the Company’s real estate and related intangible assets and net income. Fair Value Measurement Fair value measures are classified into a three-tiered fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1: Observable inputs such as quoted prices in active markets. Level 2: Directly or indirectly observable inputs, other than quoted prices in active markets. Level 3: Unobservable inputs in which there is little or no market data, which require a reporting entity to develop its own assumptions. Assets and liabilities measured at fair value are based on one or more of the following valuation techniques: Market Approach: Prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. Cost Approach: Amount required to replace the service capacity of an asset (replacement cost). Income Approach: Techniques used to convert future amounts to a single amount based on market expectations (including present-value, option-pricing, and excess-earnings models). The Company’s estimates of fair value were determined using available market information and appropriate valuation methods. Considerable judgment is necessary to interpret market data and develop estimated fair value. The use of different market assumptions or estimation methods may have a material effect on the estimated fair value amounts. The Company classifies assets and liabilities in the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. Accrued Rent and Accounts Receivable Accrued rent and accounts receivable include base rents, tenant reimbursements and receivables attributable to recording rents on a straight-line basis. An allowance for the uncollectible portion of accrued rent and accounts receivable is determined based upon customer credit-worthiness (including expected recovery of our claim with respect to any tenants in bankruptcy), historical bad debt levels, and current economic trends. Deferred Leasing Commissions Costs, net Leasing commissions are amortized using the straight-line method over the term of the related lease agreements. Prepaid expenses and other assets Prepaid expenses and other assets include prepaid insurance, subscription receivable, and miscellaneous other assets and prepayments. As of March 31, 2022 and December 31, 2021, the Company had $200,000 and $303,000, respectively, in prepaid expenses and other assets. Acquisition Deposits Acquisition deposits represent funds placed in escrow or advanced to a seller of property which the Company plans to acquire. As of March 31, 2022 and December 31, 2021, the Company had acquisition deposits of $125,000 which are included in the consolidated balance sheets. Organization and Offering Costs As of March 31, 2022, total organization and offering costs incurred for the Offering amounted to $8,396,000. The total organizational and offering costs incurred by the Company (including selling commissions, dealer manager fees and all other underwriting compensation) will not exceed 15% of the aggregate gross proceeds from the sale of the shares of common stock sold in the Offering. Organization costs, when recorded by the Company, are expensed as incurred, and offering costs, which include selling commissions, dealer manager fees and all other underwriting compensation, are deferred and charged to stockholders’ equity as such amounts are reimbursed or paid by the Advisor, the dealer manager or their affiliates from gross offering proceeds. For the three months ended March 31, 2022 and 2021, such costs totaled $81,000 and $4,000, respectively. Income Taxes The Company elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code, commencing in the taxable year ended December 31, 2017. If the Company qualifies for taxation as a REIT, the Company generally will not be subject to federal corporate income tax to the extent it distributes its REIT taxable income to its stockholders, so long as it distributes at least 90 percent of its REIT taxable income (which is computed without regard to the dividends paid deduction or net capital gain and which does not necessarily equal net income as calculated in accordance with GAAP). REITs are subject to a number of other organizational and operational requirements. Even if the Company qualifies for taxation as a REIT, it may be subject to certain state and local taxes on its income and property, and federal income and excise taxes on its undistributed income. Prior to qualifying to be taxed as a REIT, the Company is subject to normal federal and state corporation income taxes. For the three months ended March 31, 2022 and 2021, the Company had a net loss of $142,000 and a net loss of $1,066,000, respectively. The Company formed a taxable REIT subsidiary which may generate future taxable income which may offset by the net loss carry forward. The Company considers that any deferred tax benefit and corresponding deferred tax asset which may be recorded in light of the net loss carry forward would be properly offset by an equal valuation allowance. Accordingly, no deferred tax benefit or deferred tax asset has been recorded in the consolidated financial statements. The Company is required to recognize in its consolidated financial statements the financial effects of a tax position only if it is determined that it is more likely than not that the tax position will not be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits of the position. Management has reviewed the Company’s tax positions and is of the opinion that material positions taken by the Company would more likely than not be sustained upon examination. Accordingly, the Company has not recognized a liability related to uncertain tax positions as of March 31, 2022 and December 31, 2021, respectively. Loss Per Share The computations of loss per common share are based upon the weighted average number of common shares outstanding and potentially dilutive securities. The Company’s potentially dilutive securities include special limited partnership interests – see Note 13. For the three months ended March 31, 2022 and 2021, there were no shares issuable in connection with these potentially dilutive securities. These potentially dilutive securities were excluded from the computations of diluted net loss per share for the three months ended March 31, 2022 and 2021. Concentration of Risk The Company maintains cash accounts in one U.S. financial institution. The terms of the Company’s deposits are on demand to minimize risk. The balances of the Company’s depository accounts may exceed the federally insured limit. No losses have been incurred in connection with these deposits. The geographic concentration of the Company’s real estate assets makes it susceptible to adverse economic developments in the State of Texas. Any adverse economic or real estate developments in these markets, such as business layoffs or downsizing, relocations of businesses, increased competition or any other changes, could adversely affect the Company’s operating results and its ability to make distributions to stockholders. Major tenants are defined as those tenants which individually comprise more than 10% of the Company’s total rental revenues. One tenant of the Spectrum Building represents 18% of the Company's total rental revenues for the three months ended March 31, 2021, respectively. There are no tenants representing 10% of total rental revenues for the three months ended March 31, 2022. Going Concern Evaluation Pursuant to ASC 205-40, “Presentation of Financial Statements – Going Concern,” management is required to evaluate the Company’s ability to continue as a going concern within one year after the date that these consolidated financial statements are issued. The Company's has a $35 million revolving credit loan with a maturity date of March 27, 2023. The Company has a second $20 million revolving credit loan with a maturity date of March 9, 2023. In order to renew or extend the revolving credit loan, the Company must meet the lenders underwriting criteria at the time of such renewal or extension request. The Company has a $2,448,000 term loan with an extended maturity date of March 14, 2023. In order to further extend the term loan maturity date, the Company must meet the second extension criteria set forth in the term loan agreement. Management has concluded that there is substantial doubt about the Company's ability to continue as a going concern within one year of the issuance date of these consolidated financial statements due to the fact of the uncertainty regarding the loan maturities. Management believes that the Company will be able to extend the maturity date or renew the loans for one year or longer which will mitigate the maturity dates issue within one year of the issuance date of these consolidated financial statements. Recent Accounting Pronouncements Not Yet Adopted In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The updated guidance requires measurement and recognition of expected credit losses for financial assets, including trade and other receivables, held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. This is different from the current guidance as this will require immediate recognition of estimated credit losses expected to occur over the remaining life of many financial assets. Generally, the pronouncement requires a modified retrospective method of adoption. This guidance is effective for fiscal years and interim periods within those years beginning after January 2023, with early adoption permitted. The Company is currently evaluating the impact this guidance will have on the consolidated financial statements when adopted. In March 2020, issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . ASU 2020-04 provides optional expedients for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. ASU 2020-04 provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The standard is effective for all entities as of March 12, 2020 through December 31, 2022. An entity can elect to apply the amendments as of any date from the beginning of an interim period that includes or is subsequent to March 12, 2020, or prospectively from a date within an interim period that includes or is subsequent to March 12, 2020, up to that date that the financial statements are available to be issued. The Company is currently evaluating the impact this guidance will have on the consolidated financial statements when adopted.

Real Estate

Real Estate	3 Months Ended
	Mar. 31, 2022
Real Estate [Abstract]
Real Estate	Real Estate The Company’s real estate assets consisted of the following, in thousands: March 31, 2022 December 31, 2021 Land $ 16,816 $ 16,816 Buildings and improvements 60,594 59,719 In-place lease value intangible 7,477 7,477 84,887 84,012 Less accumulated depreciation and amortization (17,441) (16,369) Total real estate assets $ 67,446 $ 67,643 Depreciation expense for the three months ended March 31, 2022 and 2021 was $821,000 and $902,000, respectively. Amortization expense for the three months ended March 31, 2022 and 2021 was $251,000 and $489,000, respectively. The Company identifies and records the value of acquired lease intangibles at the property acquisition date. Such intangibles include the value of acquired in-place leases and above and below-market leases. Acquired lease intangibles are amortized over the leases' remaining terms. With respect to all properties owned by the Company, the Company considers all of the in-place leases to be market rate leases. The amount of total in-place lease intangible assets and the respective accumulated amortization are as follows, in thousands: March 31, 2022 December 31, 2021 In-place lease value intangible $ 7,477 $ 7,477 In-place leases – accumulated amortization (6,897) (6,646) Acquired in-place lease intangible assets, net $ 580 $ 831 Acquisition fees incurred were $0 for the three months ended March 31, 2022 and 2021. The acquisition fees have been capitalized and added to the real estate assets, at cost, in the accompanying consolidated balance sheets. Asset management fees incurred were $138,000 and $138,000 for the three months ended March 31, 2022 and 2021, respectively. Asset management fees are captioned as such in the accompanying consolidated statements of operations.

Investment in unconsolidated en

Investment in unconsolidated entities	3 Months Ended
	Mar. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Investment in unconsolidated entities	Investment in unconsolidated entities Effective March 1, 2019, the Company's board of directors approved the exchange of 3.42% of the Company's 5.89% ownership interest in Hartman SPE, LLC for 700,302 shares of common stock of Hartman Short Term Income Properties XX, Inc. ("Hartman XX"). The exchange reduced the Company’s ownership interest in Hartman SPE, LLC from 5.89% to 2.47%. On April 14, 2020, the Company made a tender offer to shareholders of Hartman Income REIT, Inc. ("HIREIT") to acquire up to 500,000 shares of HIREIT common stock at a price of $4.00 per share. On May 1, 2020, the Company extended the term of the tender offer until May 13, 2020 and modified the offer to purchase up to 500,000 shares of HIREIT common stock at a price of $5.00 per share. As of September 24, 2020, the Company completed the acquisition of 661,940 HIREIT common shares and 80,000 Hartman Income REIT Operating Partnership ("HIROP") OP units for consideration of $3,709,703. The HIREIT common shares and HIROP OP units contemporaneously converted to 497,926 Hartman XX common shares and 60,178 Hartman XX Operating Partnership OP units. The Company's investment in Hartman SPE, LLC and Hartman XX do not have a readily determinable fair value and are recorded at cost minus impairment. The aggregate carrying amount for the investments is $11,734,000. The Company did not receive any distributions from Hartman SPE, LLC for the three months ended March 31, 2022 and 2021. For the three months ended March 31, 2022 and 2021, the Company recognized dividend income of $142,000 and $110,000, respectively, from Hartman Short Term Income Properties XX, Inc.

Accrued Rent and Accounts Recei

Accrued Rent and Accounts Receivable, net	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Accrued Rent and Accounts Receivable, Net	Accrued Rent and Accounts Receivable, net Accrued rent and accounts receivable, net, consisted of the following, in thousands: March 31, 2022 December 31, 2021 Tenant and other receivables $ 392 $ 321 Accrued interest receivable 1,306 1,154 Accrued rent 803 663 Allowance for doubtful accounts (221) (183) Accrued rents and accounts receivable, net $ 2,280 $ 1,955 As of March 31, 2022 and December 31, 2021, the Company had an allowance for uncollectible accounts of $221,000 and $183,000, related to tenant receivables that the Company has specifically identified as potentially uncollectible based on assessment of each tenant’s credit-worthiness. For the three months ended March 31, 2022 and 2021, the Company recorded bad debt expense in the amount of $38,000 and $0, respectively. Bad debt expense

Deferred Leasing Commission Cos

Deferred Leasing Commission Costs, net	3 Months Ended
	Mar. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Leasing Commission Costs, net	Deferred Leasing Commission Costs, net Costs which have been deferred consists of the following, in thousands: March 31, 2022 December 31, 2021 Deferred leasing commissions $ 2,366 $ 2,206 Less: accumulated amortization (522) (407) Deferred leasing commission costs, net $ 1,844 $ 1,799

Future Minimum Rents

Future Minimum Rents	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Future Minimum Rents	Future Minimum Rents The Company leases the majority of its properties under noncancellable operating leases which provide for minimum base rentals. A summary of future rentals to be received (exclusive of renewals, tenant reimbursements, and contingent rentals) under noncancellable operating leases in existence at March 31, 2022 is as follows, in thousands: March 31, Minimum Future Rents 2022 $ 10,449 2023 9,020 2024 5,742 2025 3,795 2026 2,184 Thereafter 1,102 Total $ 32,292

Notes Payable, net

Notes Payable, net	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Notes Payable, net	Notes Payable, net The following table summarizes the Company's outstanding notes payable, net in thousands: Property/Facility Current Maturity Rate (1) March 31, 2022 December 31, 2021 Richardson Tech Center (2) March, 2023 P+275bps $ 2,448 $ 2,466 Master Credit Facility Agreement - EWB (3) March, 2023 P - 10bps 24,722 19,954 Master Credit Facility Agreement - EWB (4) March, 2023 P - 50bps 15,625 15,325 42,795 37,745 Less unamortized loan costs (285) (90) $ 42,510 $ 37,655 (1) Prime ("P") (2) Payable in monthly installments of principal and interest until the maturity date. The interest rate as of March 31, 2022 was 3.50%. (3) The Company is a party to an amended $35 million master credit facility agreement ("MCFA") with East West Bank. The borrowing base of the MCFA may be adjusted from time to time subject to the lender’s underwriting with respect to real , property collateral which secure the amount available to be borrowed. On March 18, 2022 the Company entered into an amendment to the MCFA which increased the face amount of the MCFA from $20 million to $35 million and extended the term of the MCFA to March 27, 2023. As of March 31, 2022, the MCFA is secured by the Spectrum Building, the 11211 Katy Freeway Building, the 1400 Broadfield Building, the 16420 Park Ten Building and the 7915 FM 1960 Building. The interest rate as of March 31, 2022 was 3.40%. The outstanding balance under the MCFA was $24,722,000 as of March 31, 2022 and the amount available to be borrowed was $10,278,000. The amended credit facility matures on March 27, 2023. (4) On March 10, 2020, the Company entered into a second $20 million master credit facility agreement ("MCFA II") with East West Bank. The Village Pointe and Accesso Portfolio properties are collateral security for the credit facility. The initial loan availability under the credit agreement is $13,925,000. The company entered into a joinder and amendment to the MCFA II facility dated March 29, 2021 which added an office property located in Houston, Texas and owned by Hartman Income REIT Property Holdings, LLC ("HIRPH"), a wholly owned subsidiary of Hartman XX Operating Partnership, LP., to the collateral security for the credit facility. The Company is a guarantor under the MCFA II credit facility. The borrowing base of the credit facility is $15,630,000. The credit agreement matures on March 9, 2023. The interest rate as of March 31, 2022 was 3.00%. The outstanding balance under the MCFA II was $15,625,000 as of March 31, 2022 and the amount available to be borrowed was $5,000. In connection with the Weslayan TIC purchase, the Company became party to a loan agreement where it is jointly and severally liable with the other TIC owner, Allen Hartman. The 3100 Weslayan property is collateral for the loan. The loan had an outstanding balance of $3,890,000 as of March 31, 2022 and interest rate of 4.66%. Interest expense for three months ended March 31, 2022 and 2021 was $297,000 and $284,000, respectively, including $27,000 and $43,000 of deferred loan cost amortization. Unamortized deferred loan costs were $285,000 and $90,000 as of March 31, 2022 and December 31, 2021, respectively. Interest expense of $95,000 and $88,000 was payable as of March 31, 2022 and December 31, 2021, respectively, and is included in accounts payable and accrued expenses in the accompanying consolidated balance sheets.

Related Party Arrangements

Related Party Arrangements	3 Months Ended
	Mar. 31, 2022
Related Party Transactions [Abstract]
Related Party Arrangements	Related Party Arrangements The Advisor is a wholly owned subsidiary of Hartman Advisors, LLC. The Property Manager is Hartman Income REIT Management, Inc., which was a wholly owned by Hartman Income REIT, Inc. Effective July 1, 2020 Hartman Advisors, LLC and Hartman Income REIT Management, Inc. are wholly owned by Hartman Short Term Income Properties XX, Inc. The Advisor and certain affiliates of the Advisor receive fees and compensation in connection with the offering, and the acquisition, management and sale of the Company’s real estate investments. In addition, in exchange for $1,000, the OP has issued the Advisor a separate, special limited partnership interest, in the form of Special Limited Partnership Interests. See Note 13 (“Special Limited Partnership Interest”) below. The Advisor receives reimbursement for organizational and offering expenses incurred on the Company’s behalf, but only to the extent that such reimbursements do not exceed actual expenses incurred by the Advisor and would not cause the cumulative selling commission, the dealer manager fee and other organization and offering expenses borne by the Company to exceed 15.0% of gross offering proceeds from the sale of shares in the offering. The Advisor, or its affiliates, receives an acquisition fee equal to 2.5% of the cost of each investment the Company acquires, which includes the amount actually paid or allocated to fund the purchase, development, construction or improvement of each investment, including acquisition expenses and any debt attributable to each investment. Acquisition fees of $0 were earned by the Advisor for the three months ended March 31, 2022 and 2021. The Advisor, or its affiliates, will receive a debt financing fee equal to 1.0% of the amount available under any loan or line of credit originated or assumed, directly or indirectly, in connection with the acquisition, development, construction, improvement of properties or other permitted investments, which will be in addition to the acquisition fee paid to the Advisor. No debt financing fees were earned by Advisor for the three months ended March 31, 2022 and 2021. The Company pays the Property Manager, an affiliate of the Advisor, property management fees equal to 3% of the effective gross revenues of the managed property. The Company pays and expects to pay the Property Manager leasing fees in an amount equal to the leasing fees charged by unaffiliated persons rendering comparable services in the same geographic location of the applicable property, provided that such fees will only be paid if a majority of the Company’s board of directors, including a majority of its independent directors, determines that such fees are fair and reasonable in relation to the services being performed. The Property Manager may subcontract the performance of its property management and leasing duties to third parties and the Property Manager will pay a portion of its property management fee to the third parties with whom it subcontracts for these services. The Company will reimburse the costs and expenses incurred by the Property Manager on the Company’s behalf, including the wages and salaries and other employee-related expenses of all employees of the Property Manager or its subcontractors who are engaged in the operation, management, maintenance or access control of our properties, including taxes, insurance and benefits relating to such employees, and travel and other out-of-pocket expenses that are directly related to the management of specific properties. Other charges, including fees and expenses of third-party professionals and consultants, will be reimbursed, subject to the limitations on fees and reimbursements contained in the Company's Articles of Amendment and Restatement (as amended and restated, the "Charter"). If the Property Manager provides construction management services related to the improvement or finishing of tenant space in the Company’s real estate properties, the Company pays the Property Manager a construction management fee in an amount that is usual and customary for comparable services rendered to similar projects in the geographic market of the project; provided, however, that the Company will only pay a construction management fee if a majority of the Company’s board of directors, including a majority of its independent directors, determines that such construction management fee is fair and reasonable and on terms and conditions not less favorable than those available from unaffiliated third parties. The Company pays the Advisor a monthly asset management fee equal to one-twelfth of 0.75% of the higher of (i) the cost or (ii) the value of all real estate investments the Company acquires. If Advisor or affiliate provides a substantial amount of services, as determined by the Company’s independent directors, in connection with the sale of one or more assets, the Company will pay the Advisor a disposition fee equal to (1) in the case of the sale of real property, the lesser of: (A) one-half of the aggregate brokerage commission paid (including the disposition fee) or, if none is paid, the amount that customarily would be paid, or (B) 3% of the sales price of each property sold, and (2) in the case of the sale of any asset other than real property, 3% of the sales price of such asset. The Company will reimburse the Advisor for all expenses paid or incurred by the Advisor in connection with the services provided to the Company, subject to the limitation that, commencing four fiscal quarters after the Company’s acquisition of its first asset, the Company will not reimburse the Advisor for any amount by which its operating expenses (including the asset management fee) at the end of the four preceding fiscal quarters exceeds the greater of: (1) 2% of the Company’s average invested assets (as defined in the Charter), or (2) 25% of the Company’s net income determined without reduction for any additions to reserves for depreciation, bad debts or other similar non-cash reserves and excluding any gain from the sale of the Company’s assets for that period. Notwithstanding the above, the Company may reimburse the Advisor for expenses in excess of this limitation if a majority of the Company’s independent directors determines that such excess expenses are justified based on unusual and non-recurring factors. On November 1, 2019, the Company received an unsecured promissory note from Hartman Short Term Income Properties XX, Inc., an affiliate of the Advisor and the Property Manager, in the face amount of $10,000,000 with an interest rate of 10% annually. The outstanding balance of the note is $7,688,000 and $6,012,000 as of March 31, 2022 and December 31, 2021, respectively. The amended maturity date of the note is October 31, 2022. Effective August 4, 2020, the Company transferred the balance due from Hartman Short Term Income Properties XX, Inc. in the amount of $8,200,000 together with additional advances in the amount of $2,412,000 for a total of $10,611,000, to a newly formed taxable REIT subsidiary, Hartman vREIT XXI TRS, Inc. The total amount is represented by two underlying notes from Hartman Retail III Holdings LLC and Hartman Ashford Bayou LLC. Each of the notes receivable bear interest at an annual interest rate of 10%. The outstanding balance of the Hartman Retail III Holdings LLC note is $1,547,000 and $1,547,000 as of March 31, 2022 and December 31, 2021, respectively. The maturity date of the Hartman Retail III Holdings LLC note is December 31, 2021.The outstanding balance of the Hartman Ashford Bayou LLC note is $3,829,000 as of March 31, 2022 and December 31, 2021. The amended maturity date of the Hartman Ashford Bayou LLC note is December 31, 2022. VIEs are defined as entities with a level of invested equity that is not sufficient to fund future operations on a stand-alone basis, or whose equity holders lack certain characteristics of a controlling financial interest. For identified VIEs, an assessment must be made to determine which party to the VIE, if any, has both the power to direct the activities of the VIE that most significantly impacts the performance of the VIE and the obligation to absorb losses or the right to receive benefits from the VIE that could potentially be significant to the VIE. The Company is not deemed to be the primary beneficiary of Hartman Retail III Holdings LLC or Hartman Ashford Bayou LLC, each of which qualifies as a VIE. Accordingly, the assets and liabilities and revenues and expenses of Retail III Holdings and Ashford Bayou have not been included in the accompanying consolidated financial statements. For the three months ended March 31, 2022 and 2021, the Company incurred property management fees and reimbursable costs of $345,000 and $331,000, respectively, payable to the Property Manager and asset management fees of $138,000 and $138,000, respectively. Property management fees and reimbursable costs paid to the Property Manager are included in property operating expenses in the accompanying consolidated statements of operations. Asset management fees paid to the Advisor are included in asset management fees in the accompanying consolidated statements of operations. The Company pays construction management fees and leasing commissions to the Property Manager in connection with the construction management and leasing of the Company's properties. For the three months ended March 31, 2022 and 2021, the Company incurred construction management fees of $13,000 and $27,000, respectively, and $159,000 and $127,000, respectively, for leasing commissions. Construction management fees are capitalized and included in real estate assets in the consolidated balance sheets. Leasing commissions are capitalized and reported net of the amortized amount in the consolidated balance sheets. As of March 31, 2022, the Company had $0 and $2,000 due to the Advisor and Property Manager, respectively, and $0 and $1,250,000 due from Hartman Short Term Income Properties XX, Inc., and other Hartman affiliates, respectively. As of December 31, 2021, the Company had $0 and $0 due to the Advisor and Property Manager, respectively, and $0 and $1,060,000 due from Hartman Short Term Income Properties XX, Inc., and other Hartman affiliates.

Loss Per Share

Loss Per Share	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Loss Per Share	Loss Per Share Basic loss per share is computed using net loss attributable to common stockholders and the weighted average number of common shares outstanding. Three months ended March 31, 2022 2021 Numerator: Net loss attributable to common stockholders (in thousands) $ (142) $ (1,066) Denominator: Basic weighted average shares outstanding (in thousands) 9,091 8,839 Basic loss per common share $ (0.02) $ (0.12)

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Stockholders' Equity	Stockholders’ EquityUnder the Charter, the Company has the authority to issue 900,000,000 shares of common stock, $0.01 per share par value, and 50,000,000 shares of preferred stock with a par value of $0.01 per share. The Company’s board of directors is authorized to amend the Charter, without the approval of the Company’s stockholders, to increase the aggregate number of authorized shares of capital stock or the number of shares of any class or series that the Company has authority to issue. On May 12, 2020, the board of directors authorized the classification and designation of Class I and Class S common stock. As of March 31, 2022, 900,000,000 shares of capital stock were classified as common stock, par value $0.01 per share, 270,000,000 of which were classified and designated as Class A common stock (“Class A Shares”), 280,000,000 were classified and designated as Class S common stock ("Class S Shares"), 280,000,000 of which were classified as Class I common stock ("Class I Shares"), and 70,000,000 were designated as Class T Common stock (“Class T Shares”). The additional share classes have been included in an amendment to the Company's registration statement and prospectus which was declared effective by the Securities and Exchange Commission on July 27, 2020. Common Stock Shares of all classes of common stock entitle the holders to one vote per share on all matters which stockholders are entitled to vote, to receive dividends and other distributions as authorized by the Company’s board of directors in accordance with the Maryland General Corporation Law and to all rights of a stockholder pursuant to the Maryland General Corporation Law. No classified or designated class of common stock has any preferences or preemptive conversion or exchange rights. On September 30, 2015, the Company sold 22,100 shares of common stock to Hartman Advisors, LLC at a purchase price of $9.05 per share for an aggregate purchase price of $200,005, which was paid in cash. Preferred Stock The board of directors, with the approval of a majority of the entire board of directors and without any action by the stockholders, may amend the Charter from time to time to increase or decrease the aggregate number of authorized shares of capital stock or the number of authorized shares of capital stock of any class or series. If the Company were to create and issue preferred stock or convertible stock with a distribution preference over common stock, payment of any distribution preferences of outstanding preferred stock or convertible stock would reduce the amount of funds available for the payment of distributions on our common stock. Further, holders of preferred stock are normally entitled to receive a preference payment in the event we liquidate, dissolve or wind up before any payment is made to our common stockholders, likely reducing the amount common stockholders would otherwise receive upon such an occurrence. In addition, under certain circumstances, the issuance of preferred stock or a separate class or series of common stock may render more difficult or tend to discourage a merger, tender offer or proxy contest, the assumption of control by a holder of a large block of our securities and the removal of incumbent management. As of March 31, 2022, 50,000,000 shares were classified as preferred stock, par value $0.01 per share. Stock-Based Compensation The Company awards vested restricted common shares to non-employee directors as compensation in part for their service as members of the board of directors of the Company. For the three months ended March 31, 2022 and 2021, the Company granted 2,444 and 710 shares of restricted common stock to independent directors as compensation for services. The Company recognized $25,000 and $7,313 as stock-based compensation expense for the three months ended March 31, 2022 and 2021, respectively. Distributions The following table reflects the total distributions paid in cash and issued in shares of our common stock for the period from January 2017 (the month the Company first paid distributions) through March 31, 2022 (in thousands): Period Cash (1) DRP & Stock (2) Total First Quarter 2017 $ 27 $ 19 $ 46 Second Quarter 2017 62 72 134 Third Quarter 2017 105 115 220 Fourth Quarter 2017 127 163 290 First Quarter 2018 154 192 346 Second Quarter 2018 182 245 427 Third Quarter 2018 215 293 508 Fourth Quarter 2018 237 346 583 First Quarter 2019 305 388 693 Second Quarter 2019 388 484 872 Third Quarter 2019 498 646 1,144 Fourth Quarter 2019 746 629 1,375 First Quarter 2020 771 543 1,314 Second Quarter 2020 790 605 1,395 Third Quarter 2020 798 605 1,403 Fourth Quarter 2020 821 620 1,441 First Quarter 2021 566 566 1,132 Second Quarter 2021 1,117 578 1,695 Third Quarter 2021 862 581 1,443 Fourth Quarter 2021 (3) 286 605 891 First Quarter 2022 1,459 583 2,042 Total $ 10,516 $ 8,878 $ 19,394 (1) Distributions are paid on a monthly basis. Distributions for all record dates of a given month are paid approximately 30 days following the end of such month. (2) Amount of distributions paid in shares of common stock pursuant to our distribution reinvestment plan and stock dividend distribution. (3) Dividends declared for the months of October and November 2021 were paid in January 2022. The Company transitioned stock transfer agents during the fourth quarter of 2021.

Incentive Plans

Incentive Plans	3 Months Ended
	Mar. 31, 2022
Share-based Payment Arrangement [Abstract]
Incentive Plans	Incentive PlansThe Company has adopted a long-term incentive plan (the “Incentive Award Plan”) that provides for the grant of equity awards to employees, directors and consultants and those of the Company’s affiliates. The Incentive Award Plan authorizes the granting of restricted stock, stock options, stock appreciation rights, restricted or deferred stock units, dividend equivalents, other stock-based awards, and cash-based awards to directors, officers, employees and consultants of the Company and the Company’s affiliates’ selected by the board of directors for participation in the Incentive Award Plan. Stock options and shares of restricted common stock granted under the Incentive Award Plan will not, in the aggregate, exceed an amount equal to 5.0% of the outstanding shares of the Company’s common stock on the date of grant or award of any such stock options or shares of restricted stock. Stock options may not have an exercise price that is less than the fair market value of a share of the Company’s common stock on the date of grant. Shares of common stock will be authorized and reserved for issuance under the Incentive Award Plan. The Company has adopted an independent directors’ compensation plan (the “Independent Directors Compensation Plan”) pursuant to which each of the Company’s independent directors will be entitled, subject to the plan’s conditions and restrictions, to receive an initial grant of 3,000 shares of restricted stock when the Company raises the minimum offering amount of $1,000,000 in the Offering. Each new independent director that subsequently joins the Company’s board of directors will receive a grant of 3,000 shares of restricted stock upon his or her election to the Company’s board of directors. The shares of restricted common stock granted to independent directors fully vest upon the completion of the annual term for which the director was elected. Subject to certain conditions, the non-vested shares of restricted stock granted pursuant to the Independent Directors Compensation Plan will become fully vested on the earlier to occur of (1) the termination of the independent director’s service as a director due to his or her death or disability, or (2) a change in control of the Company. Awards under the Independent Directors Compensation Plan for the three months ended March 31, 2022 and 2021, respectively, consisted of 2,444 and 710 restricted, Class A common shares to our independent directors, valued at $10.23 and $10.30 per share based on the Offering price. The stock-based compensation expense is included in general and administrative expense in the accompanying consolidated statements of operations.

Special Limited Partnership Int

Special Limited Partnership Interest	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Special Limited Partnership Interest	Special Limited Partnership InterestPursuant to the limited partnership agreement for the OP, SLP LLC, the holder of the Special Limited Partnership Interest, will be entitled to receive distributions equal to 15.0% of the OP’s net sales proceeds from the disposition of assets, but only after the Company’s stockholders have received, in the aggregate, cumulative distributions equal to their total invested capital plus a 6.0% cumulative, non-compounded annual pre-tax return on such aggregated invested capital. In addition, the holder of the Special Limited Partnership Interest is entitled to receive a payment upon the redemption of the Special Limited Partnership Interests. Pursuant to the limited partnership agreement for the OP, the Special Limited Partnership Interests will be redeemed upon: (1) the listing of the Company’s common stock on a national securities exchange; (2) the occurrence of certain events that result in the termination or non-renewal of the Company’s advisory agreement with the Advisor (“Advisory Agreement”) other than by the Company for “cause” (as defined in the Advisory Agreement); or (3) the termination of the Advisory Agreement by the Company for cause. In the event of the listing of the Company’s shares of common stock or a termination of the Advisory Agreement other than by the Company for cause, the Special Limited Partnership Interests will be redeemed for an aggregate amount equal to the amount that the holder of the Special Limited Partnership Interests would have been entitled to receive, as described above, if the OP had disposed of all of its assets at their fair market value and all liabilities of the OP had been satisfied in full according to their terms as of the date of the event triggering the redemption. Payment of the redemption price to the holder of the Special Limited Partnership Interests will be paid, at the holder’s discretion, in the form of (i) limited partnership interests in the OP, (ii) shares of the Company’s common stock, or (iii) a non-interest bearing promissory note. If the event triggering the redemption is a listing of the Company’s shares on a national securities exchange only, the fair market value of the assets of the OP will be calculated taking into account the average share price of the Company’s shares for a specified period. If the event triggering the redemption is an underwritten public offering of the Company’s shares, the fair market value will take into account the valuation of the shares as determined by the initial public offering price in such offering. If the triggering event of the redemption is the termination or non-renewal of the Advisory Agreement other than by the Company for cause for any other reason, the fair market value of the assets of the OP will be calculated based on an appraisal or valuation of the Company’s assets. In the event of the termination or non-renewal of the Advisory Agreement by the Company for cause, all of the Special Limited Partnership Interests will be redeemed by the OP for the aggregate price of $1.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Economic Dependency The Company is dependent on the Sponsor and the Advisor for certain services that are essential to the Company, including the identification, evaluation, negotiation, purchase and disposition of properties, management of the daily operations of the Company’s real estate portfolio, and other general and administrative responsibilities. In the event that these companies are unable to provide the respective services, the Company will be required to obtain such services from other providers. Litigation During February 2021, the state of Texas experienced a severe winter storm, unofficially referred to as Winter Storm Uri, which resulted in power outages and electrical grid failures across the state. Wholesale prices for electricity increased significantly during this period. As a result, the Company experienced a substantial increase in electricity charges for some of our properties during the month of and after the storm. On May 26, 2021, Summer Energy LLC (“Summer”) filed a lawsuit against the Property Manager, an affiliate of the Company that manages our properties, in state court in Harris County, Texas. In this lawsuit, Summer seeks to collect approximately $8.4 million from the Property Manager that Summer claims that the Property Manager owes Summer under one or more electricity sales agreements (“Agreements”) related to Winter Storm Uri. Of the approximately $8.4 million claimed in the lawsuit, approximately $0.8 million relates to wholly owned properties of the Company. Under the Agreements, Summer provided electricity to buildings managed by the Property Manager at indexed prices. On March 24, 2022, the court entered a judgment in favor of Summer against the Property Manager in the amount of $7,871,000 plus customary pre- and post-judgment interest and attorney's fees. The Property Manager continues to dispute the amount of liability to Summer and intends to appeal the judgment. The outcome of the pending appeal is subject to significant uncertainty and we cannot provide any assurance that the Property Manager will ultimately prevail. The Company had recognized its applicable share of the judgment amount, approximately $750,000, within the Company's consolidated statement of operations for fiscal year 2021. Many of the Company’s leases contain provisions that require tenants to pay their allocable share of operating expenses, including utilities. At this time, the Company is unable to reasonably estimate an amount expected to be recovered from its tenants. Contingencies Events related to the COVID-19 pandemic and the actions taken to contain it have created substantial uncertainty for all businesses, including the Company. The Company’s consolidated financial statements as of and for the three months ended March 31, 2022 have been prepared in light of these circumstances. Proposed merger with Hartman XX

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsThe Company has evaluated subsequent events through the filing of this Quarterly Report on Form 10-Q, and determined that no events have occurred, other than as disclosed herein above, that would require adjustments to our disclosures in these consolidated financial statements.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements included in this report are unaudited; however, amounts presented in the consolidated balance sheet as of December 31, 2021 are derived from our audited consolidated financial statements as of that date. The unaudited consolidated financial statements as of March 31, 2022, have been prepared by the Company in accordance with accounting principles generally accepted in the United States (“GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission, including Form 10-Q and Regulation S-X, on a basis consistent with the annual audited consolidated financial statements. The unaudited consolidated financial statements presented herein reflect all adjustments (consisting of normal recurring accruals and adjustments), which are, in the opinion of management, necessary to fairly present the financial position of the Company as of March 31, 2022 , and the results of its consolidated operations, consolidated statements of stockholders' equity, and consolidated statements of cash flows for the three months ended March 31, 2022 and 2021. The results for the three months ended March 31, 2022 are not necessarily indicative of the results to be expected for the year ending December 31, 2022 . The consolidated financial statements herein are condensed and should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. The Company’s consolidated financial statements include the Company’s accounts and the accounts of its subsidiaries over which the Company has control. All intercompany balances and transactions are eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents All highly liquid investments with original maturities of three months or less are considered to be cash equivalents. Cash and cash equivalents as of March 31, 2022 and December 31, 2021 consisted of demand deposits at commercial banks. As of December 31, 2021 , the Company had a bank overdraft of $184,000. The overdraft is recorded as a liability in accounts payable and accrued expenses on the consolidated balance sheets.
Restricted Cash	Restricted Cash Restricted cash on the accompanying consolidated balance sheets consists of amounts escrowed for future real estate taxes, insurance, capital expenditures and debt service, as required by certain of our mortgage debt agreements.
Financial Instruments	Financial Instruments The accompanying consolidated balance sheets include the following financial instruments: cash and cash equivalents, restricted cash, notes receivable, accrued rent and accounts receivable, accounts payable and accrued expenses, notes payable, net and balances with related parties. The Company considers the carrying value, other than notes payable, net, to approximate the fair value of these financial instruments based on the short duration between
Revenue Recognition	Revenue Recognition The Company’s leases are accounted for as operating leases. Certain leases provide for tenant occupancy during periods for which no rent is due and/or for increases or decreases in the minimum lease payments over the terms of the leases. Revenue is recognized on a straight-line basis over the terms of the individual leases. Revenue recognition under a lease begins when the tenant takes possession of or controls the physical use of the leased space. When the Company acquires a property, the term of existing leases is considered to commence as of the acquisition date for the purposes of this calculation. The Company’s accrued rents are included in accrued rent and accounts receivable, net, on the accompanying consolidated balance sheets. The Company will defer the recognition of contingent rental income, such as percentage rents, until the specific target that triggers the contingent rental income is achieved. The Company’s revenue is primarily derived from leasing activities, which is specifically excluded from ASC 606 - Revenue from Contracts with Customers ("ASC 606"). The Company’s revenue is also comprised of tenant reimbursements for real estate taxes, insurance, common area maintenance, and operating. Reimbursements from real estate taxes and certain other expenses are also excluded from ASC 606 and accounted for under ASC 842 - Leases. The Company elected to utilize the practical expedient provided by Accounting Standards Update (“ASU”) 2018-11 related to the separation of lease and non-lease components and as a result, revenues related to leases are reported on one line in the presentation within the consolidated statement of operations.
Investment in Real Estate Joint Ventures and Partnerships	Investment in Real Estate Joint Ventures and Partnerships To determine the method of accounting for partially owned real estate joint ventures and partnerships, management determines whether an entity is a VIE and, if so, determines which party is the primary beneficiary by analyzing whether we have both the power to direct the entity’s significant economic activities and the obligation to absorb potentially significant losses or receive potentially significant benefits. Significant judgments and assumptions inherent in this analysis include the design of the entity structure, the nature of the entity’s operations, future cash flow projections, the entity’s financing and capital structure, and contractual relationships and terms. We consolidate a VIE when we have determined that we are the primary beneficiary. Primary risks associated with our involvement with our VIEs include the potential funding of the entities’ debt obligations or making additional contributions to fund the entities’ operations or capital activities. Partially owned, non-variable interest real estate joint ventures and partnerships over which we have a controlling financial interest are consolidated in our consolidated financial statements. In determining if we have a controlling financial interest, we consider factors such as ownership interest, authority to make decisions, kick-out rights and substantive participating rights. Partially owned real estate joint ventures and partnerships where we do not have a controlling financial interest, but have the ability to exercise significant influence, are accounted for using the equity method. Management continually analyzes and assesses reconsideration events, including changes in the factors mentioned above, to determine if the consolidation or equity method treatment remains appropriate. The Company's investments in Hartman SPE, LLC and Hartman XX are accounted for in accordance with accounting standards for equity securities. Management has determined that the Hartman SPE, LLC and Hartman XX investments do not have readily determinable fair values and are recorded at cost minus impairment. The Company's investment in 3100 Weslayan is accounted for as an equity method investment. The Company evaluates its investment in real estate joint ventures and partnerships for impairment each reporting period. The Company evaluates various factors, including operating results of the investee, ability and intent to hold the investment and views on current market and economic conditions, when determining if there is a
Allocation of Purchase Price of Acquired Assets	Allocation of Purchase Price of Acquired Assets Acquisitions of integrated assets and activities that do not meet the definition of a business are accounted for as asset acquisitions. The Company believes most of its future acquisitions of operating properties will qualify as asset acquisitions. Third party transaction costs, including acquisition fees paid to Advisor, associated with asset acquisitions will be capitalized while internal acquisition costs will continue to be expensed as incurred. Upon acquisition, the purchase price of properties is allocated to the tangible assets acquired, consisting of land, buildings and improvements, any assumed debt and asset retirement obligations, if any, based on their relative fair values. Acquisition costs, including acquisition fees paid to our advisor, are capitalized as part of the purchase price. Land and building and improvement fair values are derived based upon the Company’s estimate of fair value after giving effect to estimated replacement cost less depreciation or estimates of the relative fair value of these assets using discounted cash flow analysis or similar methods. The fair values of above-market and below-market in-place lease values, including below-market renewal options for which renewal has been determined to be reasonably assured, are recorded based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (a) the contractual amounts to be paid pursuant to the in-place leases and (b) an estimate of fair market lease rates for the corresponding in-place leases and below-market renewal options, which is generally obtained from independent appraisals, measured over a period equal to the remaining non-cancelable term of the lease. The above-market and below-market lease and renewal option values are capitalized as intangible lease assets or liabilities and amortized as an adjustment of rental income over the remaining expected terms of the respective leases. The fair values of in-place leases include direct costs associated with obtaining a new tenant, opportunity costs associated with lost rentals which are avoided by acquiring an in-place lease, and tenant relationships. Direct costs associated with obtaining a new tenant include commissions, tenant improvements, and other direct costs and are estimated based on independent appraisals and management’s consideration of current market costs to execute a similar lease. These direct costs are included in intangible lease assets and are amortized to expense over the remaining terms of the respective leases. The value of opportunity costs is calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease. Customer relationships are valued based on expected renewal of a lease or the likelihood of obtaining a particular tenant for other locations. These intangibles are included in real estate assets in the consolidated balance sheets and are being amortized to expense over the remaining term of the respective leases. The Company determines the fair value of any assumed debt by calculating the net present value of the scheduled mortgage payments using interest rates for debt with similar terms and remaining maturities that the Company believes it could obtain at the date of acquisition. Any difference between the fair value and stated value of the assumed debt is recorded as a discount or premium and amortized over the remaining life of the loan as interest expense. In allocating the purchase price of each of the Company’s acquired or purchased properties, the Company makes assumptions and uses various estimates, including, but not limited to, the estimated useful lives of the assets, the cost of replacing certain assets and discount rates used to determine present values. The Company uses Level 3 inputs to estimate fair value of the acquired properties. Many of these estimates are obtained from independent third-party appraisals; however, the Company is responsible for the source and use of these estimates. These estimates require judgment and are subject to being imprecise; accordingly, if different estimates and assumptions were derived, the valuation of the various categories of the Company’s properties or related intangibles could in turn result in a difference in the depreciation or amortization expense recorded in the Company’s consolidated financial statements. These variances could be material to the Company’s results of operations and financial condition. Depreciation and amortization Depreciation is computed using the straight-line method over the estimated useful lives of 5 to 39 years for buildings and improvements. Tenant improvements are depreciated using the straight-line method over the lesser of the life of the improvement or the remaining term of the lease. In-place leases are amortized using the straight-line method over the weighted average years’ remaining calculated on terms of all of the leases in-place when acquired. Impairment The Company reviews its real estate and other assets for impairment at least annually or whenever events or changes in circumstances indicate that the carrying amount of the assets, including accrued rental income, may not be recoverable through operations. The Company determines whether an impairment in value has occurred by comparing the estimated future cash flows (undiscounted and without interest charges), including the estimated residual value of the property, with the carrying cost of the property. If impairment is indicated, a loss will be recorded for the amount by which the carrying value of the property exceeds its fair value. Management has determined that there is no impairment indicated in the carrying value of the Company’s real estate assets as of March 31, 2022. Projections of expected future cash flows require management to estimate future market rental income amounts subsequent to the expiration of current lease agreements, property operating expenses, discount rates, the number of months it takes to re-lease the property and the number of years the property is held for investment. The use of inappropriate assumptions in the future cash flow analysis would result in an incorrect assessment of the property’s future cash flow and fair value and could result in the overstatement of the carrying value of the Company’s real estate and related intangible assets and net income.
Fair Value Measurement	Fair Value Measurement Fair value measures are classified into a three-tiered fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1: Observable inputs such as quoted prices in active markets. Level 2: Directly or indirectly observable inputs, other than quoted prices in active markets. Level 3: Unobservable inputs in which there is little or no market data, which require a reporting entity to develop its own assumptions. Assets and liabilities measured at fair value are based on one or more of the following valuation techniques: Market Approach: Prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. Cost Approach: Amount required to replace the service capacity of an asset (replacement cost). Income Approach: Techniques used to convert future amounts to a single amount based on market expectations (including present-value, option-pricing, and excess-earnings models). The Company’s estimates of fair value were determined using available market information and appropriate valuation methods. Considerable judgment is necessary to interpret market data and develop estimated fair value. The use of different market assumptions or estimation methods may have a material effect on the estimated fair value amounts. The Company classifies assets and liabilities in the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement.
Accrued Rent and Accounts Receivable	Accrued Rent and Accounts Receivable Accrued rent and accounts receivable include base rents, tenant reimbursements and receivables attributable to recording rents on a straight-line basis. An allowance for the uncollectible portion of accrued rent and accounts receivable is determined based upon customer credit-worthiness (including expected recovery of our claim with respect to any tenants in bankruptcy), historical bad debt levels, and current economic trends. Deferred Leasing Commissions Costs, net Leasing commissions are amortized using the straight-line method over the term of the related lease agreements. Prepaid expenses and other assets Prepaid expenses and other assets include prepaid insurance, subscription receivable, and miscellaneous other assets and prepayments. As of March 31, 2022 and December 31, 2021, the Company had $200,000 and $303,000, respectively, in prepaid expenses and other assets. Acquisition Deposits
Organization and Offering Costs	Organization and Offering Costs As of March 31, 2022, total organization and offering costs incurred for the Offering amounted to $8,396,000. The total organizational and offering costs incurred by the Company (including selling commissions, dealer manager fees and all other underwriting compensation) will not exceed 15% of the aggregate gross proceeds from the sale of the shares of common stock sold in the Offering. Organization costs, when recorded by the Company, are expensed as incurred, and offering costs, which include selling commissions, dealer manager fees and all other underwriting compensation, are deferred and charged to stockholders’ equity as such amounts are reimbursed or paid by the Advisor, the dealer manager or their affiliates from gross offering proceeds. For the three months ended March 31, 2022 and 2021, such costs totaled $81,000 and $4,000, respectively.
Income Taxes	Income Taxes The Company elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code, commencing in the taxable year ended December 31, 2017. If the Company qualifies for taxation as a REIT, the Company generally will not be subject to federal corporate income tax to the extent it distributes its REIT taxable income to its stockholders, so long as it distributes at least 90 percent of its REIT taxable income (which is computed without regard to the dividends paid deduction or net capital gain and which does not necessarily equal net income as calculated in accordance with GAAP). REITs are subject to a number of other organizational and operational requirements. Even if the Company qualifies for taxation as a REIT, it may be subject to certain state and local taxes on its income and property, and federal income and excise taxes on its undistributed income. Prior to qualifying to be taxed as a REIT, the Company is subject to normal federal and state corporation income taxes. For the three months ended March 31, 2022 and 2021, the Company had a net loss of $142,000 and a net loss of $1,066,000, respectively. The Company formed a taxable REIT subsidiary which may generate future taxable income which may offset by the net loss carry forward. The Company considers that any deferred tax benefit and corresponding deferred tax asset which may be recorded in light of the net loss carry forward would be properly offset by an equal valuation allowance. Accordingly, no deferred tax benefit or deferred tax asset has been recorded in the consolidated financial statements. The Company is required to recognize in its consolidated financial statements the financial effects of a tax position only if it is determined that it is more likely than not that the tax position will not be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits of the position. Management has reviewed the Company’s tax positions and is of the opinion that material positions taken by the Company would more likely than not be sustained upon examination. Accordingly, the Company has not recognized a liability related to uncertain tax positions as of March 31, 2022 and December 31, 2021, respectively.
Loss Per Share	Loss Per Share The computations of loss per common share are based upon the weighted average number of common shares outstanding and potentially dilutive securities. The Company’s potentially dilutive securities include special limited partnership interests – see Note 13. For the three months ended March 31, 2022 and 2021, there were no shares issuable in connection with these potentially dilutive securities. These potentially dilutive securities were excluded from the computations of diluted net loss per share for the three months ended March 31, 2022 and 2021.
Concentration of Risk	Concentration of Risk The Company maintains cash accounts in one U.S. financial institution. The terms of the Company’s deposits are on demand to minimize risk. The balances of the Company’s depository accounts may exceed the federally insured limit. No losses have been incurred in connection with these deposits. The geographic concentration of the Company’s real estate assets makes it susceptible to adverse economic developments in the State of Texas. Any adverse economic or real estate developments in these markets, such as business layoffs or downsizing, relocations of businesses, increased competition or any other changes, could adversely affect the Company’s operating results and its ability to make distributions to stockholders.
Going Concern Evaluation	Going Concern Evaluation Pursuant to ASC 205-40, “Presentation of Financial Statements – Going Concern,” management is required to evaluate the Company’s ability to continue as a going concern within one year after the date that these consolidated financial statements are issued. The Company's has a $35 million revolving credit loan with a maturity date of March 27, 2023. The Company has a second $20 million revolving credit loan with a maturity date of March 9, 2023. In order to renew or extend the revolving credit loan, the Company must meet the lenders underwriting criteria at the time of such renewal or extension request. The Company has a $2,448,000 term loan with an extended maturity date of March 14, 2023. In order to further extend the term loan maturity date, the Company must meet the second extension criteria set forth in the term loan agreement. Management has concluded that there is substantial doubt about the Company's ability to continue as a going concern within one year of the issuance date of these consolidated financial statements due to the fact of the uncertainty regarding the loan maturities. Management believes that the Company will be able to extend the maturity date or renew the loans for one year or longer which will mitigate the maturity dates issue within one year of the issuance date of these consolidated financial statements.
Recent Accounting Pronouncements Not Yet Adopted	Recent Accounting Pronouncements Not Yet Adopted In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The updated guidance requires measurement and recognition of expected credit losses for financial assets, including trade and other receivables, held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. This is different from the current guidance as this will require immediate recognition of estimated credit losses expected to occur over the remaining life of many financial assets. Generally, the pronouncement requires a modified retrospective method of adoption. This guidance is effective for fiscal years and interim periods within those years beginning after January 2023, with early adoption permitted. The Company is currently evaluating the impact this guidance will have on the consolidated financial statements when adopted. In March 2020, issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . ASU 2020-04 provides optional expedients for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. ASU 2020-04 provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The standard is effective for all entities as of March 12, 2020 through December 31, 2022. An entity can elect to apply the amendments as of any date from the beginning of an interim period that includes or is subsequent to March 12, 2020, or prospectively from a date within an interim period that includes or is subsequent to March 12, 2020, up to that date that the financial statements are available to be issued. The Company is currently evaluating the impact this guidance will have on the consolidated financial statements when adopted.

Real Estate (Tables)

Real Estate (Tables)	3 Months Ended
	Mar. 31, 2022
Real Estate [Abstract]
Schedule of Real Estate Assets	The Company’s real estate assets consisted of the following, in thousands: March 31, 2022 December 31, 2021 Land $ 16,816 $ 16,816 Buildings and improvements 60,594 59,719 In-place lease value intangible 7,477 7,477 84,887 84,012 Less accumulated depreciation and amortization (17,441) (16,369) Total real estate assets $ 67,446 $ 67,643
Schedule of In-Place Lease Intangible Assets and Accumulated Amortization	The amount of total in-place lease intangible assets and the respective accumulated amortization are as follows, in thousands: March 31, 2022 December 31, 2021 In-place lease value intangible $ 7,477 $ 7,477 In-place leases – accumulated amortization (6,897) (6,646) Acquired in-place lease intangible assets, net $ 580 $ 831

Accrued Rent and Accounts Rec_2

Accrued Rent and Accounts Receivable, net (Tables)	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Schedule of Accrued Rent and Accounts Receivable, Net	Accrued rent and accounts receivable, net, consisted of the following, in thousands: March 31, 2022 December 31, 2021 Tenant and other receivables $ 392 $ 321 Accrued interest receivable 1,306 1,154 Accrued rent 803 663 Allowance for doubtful accounts (221) (183) Accrued rents and accounts receivable, net $ 2,280 $ 1,955

Deferred Leasing Commission C_2

Deferred Leasing Commission Costs, net (Tables)	3 Months Ended
	Mar. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Deferred Leasing Commission Costs	Costs which have been deferred consists of the following, in thousands: March 31, 2022 December 31, 2021 Deferred leasing commissions $ 2,366 $ 2,206 Less: accumulated amortization (522) (407) Deferred leasing commission costs, net $ 1,844 $ 1,799

Future Minimum Rents (Tables)

Future Minimum Rents (Tables)	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Schedule of Future Rental Payments to be Received	A summary of future rentals to be received (exclusive of renewals, tenant reimbursements, and contingent rentals) under noncancellable operating leases in existence at March 31, 2022 is as follows, in thousands: March 31, Minimum Future Rents 2022 $ 10,449 2023 9,020 2024 5,742 2025 3,795 2026 2,184 Thereafter 1,102 Total $ 32,292

Notes Payable, net (Tables)

Notes Payable, net (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of Outstanding Notes Payable	The following table summarizes the Company's outstanding notes payable, net in thousands: Property/Facility Current Maturity Rate (1) March 31, 2022 December 31, 2021 Richardson Tech Center (2) March, 2023 P+275bps $ 2,448 $ 2,466 Master Credit Facility Agreement - EWB (3) March, 2023 P - 10bps 24,722 19,954 Master Credit Facility Agreement - EWB (4) March, 2023 P - 50bps 15,625 15,325 42,795 37,745 Less unamortized loan costs (285) (90) $ 42,510 $ 37,655 (1) Prime ("P") (2) Payable in monthly installments of principal and interest until the maturity date. The interest rate as of March 31, 2022 was 3.50%. (3) The Company is a party to an amended $35 million master credit facility agreement ("MCFA") with East West Bank. The borrowing base of the MCFA may be adjusted from time to time subject to the lender’s underwriting with respect to real , property collateral which secure the amount available to be borrowed. On March 18, 2022 the Company entered into an amendment to the MCFA which increased the face amount of the MCFA from $20 million to $35 million and extended the term of the MCFA to March 27, 2023. As of March 31, 2022, the MCFA is secured by the Spectrum Building, the 11211 Katy Freeway Building, the 1400 Broadfield Building, the 16420 Park Ten Building and the 7915 FM 1960 Building. The interest rate as of March 31, 2022 was 3.40%. The outstanding balance under the MCFA was $24,722,000 as of March 31, 2022 and the amount available to be borrowed was $10,278,000. The amended credit facility matures on March 27, 2023. (4) On March 10, 2020, the Company entered into a second $20 million master credit facility agreement ("MCFA II") with East West Bank. The Village Pointe and Accesso Portfolio properties are collateral security for the credit facility. The initial loan availability under the credit agreement is $13,925,000. The company entered into a joinder and amendment to the MCFA II facility dated March 29, 2021 which added an office property located in Houston, Texas and owned by Hartman Income REIT Property Holdings, LLC ("HIRPH"), a wholly owned subsidiary of Hartman XX Operating Partnership, LP., to the collateral security for the credit facility. The Company is a guarantor under the MCFA II credit facility. The borrowing base of the credit facility is $15,630,000. The credit agreement matures on March 9, 2023. The interest rate as of March 31, 2022 was 3.00%. The outstanding balance under the MCFA II was $15,625,000 as of March 31, 2022 and the amount available to be borrowed was $5,000.

Loss Per Share (Tables)

Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Schedule of Earnings (Loss) per Share, Basic and Diluted	Basic loss per share is computed using net loss attributable to common stockholders and the weighted average number of common shares outstanding. Three months ended March 31, 2022 2021 Numerator: Net loss attributable to common stockholders (in thousands) $ (142) $ (1,066) Denominator: Basic weighted average shares outstanding (in thousands) 9,091 8,839 Basic loss per common share $ (0.02) $ (0.12)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Schedule of Distributions Paid in Cash and Issued in Shares of Common Stock	The following table reflects the total distributions paid in cash and issued in shares of our common stock for the period from January 2017 (the month the Company first paid distributions) through March 31, 2022 (in thousands): Period Cash (1) DRP & Stock (2) Total First Quarter 2017 $ 27 $ 19 $ 46 Second Quarter 2017 62 72 134 Third Quarter 2017 105 115 220 Fourth Quarter 2017 127 163 290 First Quarter 2018 154 192 346 Second Quarter 2018 182 245 427 Third Quarter 2018 215 293 508 Fourth Quarter 2018 237 346 583 First Quarter 2019 305 388 693 Second Quarter 2019 388 484 872 Third Quarter 2019 498 646 1,144 Fourth Quarter 2019 746 629 1,375 First Quarter 2020 771 543 1,314 Second Quarter 2020 790 605 1,395 Third Quarter 2020 798 605 1,403 Fourth Quarter 2020 821 620 1,441 First Quarter 2021 566 566 1,132 Second Quarter 2021 1,117 578 1,695 Third Quarter 2021 862 581 1,443 Fourth Quarter 2021 (3) 286 605 891 First Quarter 2022 1,459 583 2,042 Total $ 10,516 $ 8,878 $ 19,394 (1) Distributions are paid on a monthly basis. Distributions for all record dates of a given month are paid approximately 30 days following the end of such month. (2) Amount of distributions paid in shares of common stock pursuant to our distribution reinvestment plan and stock dividend distribution. (3) Dividends declared for the months of October and November 2021 were paid in January 2022. The Company transitioned stock transfer agents during the fourth quarter of 2021.

Organization and Business (Deta

Organization and Business (Details) - USD ($)	Jan. 14, 2020	Sep. 30, 2015	Sep. 03, 2015	Mar. 31, 2022	Mar. 31, 2021	May 10, 2022	Dec. 31, 2021
Class of Stock [Line Items]
Common stock, shares authorized (in shares)				900,000,000
Common stock, par value (in dollars per share)				$ 0.01
Special limited partnership interests				$ 1,000			$ 1,000
Gross offering proceeds				616,000	$ 0
IPO
Class of Stock [Line Items]
Cash received from common shares sold			$ 250,000,000
Follow-on offering to shareholders			$ 19,000,000
Gross offering proceeds				$ 90,186,006
Follow-On Offering
Class of Stock [Line Items]
Follow-on offering to shareholders	$ 5,000,000
Follow-on offering to public	$ 180,000,000
Class A
Class of Stock [Line Items]
Common stock, shares authorized (in shares)				270,000,000			270,000,000
Common stock, par value (in dollars per share)				$ 0.01			$ 0.01
Class S
Class of Stock [Line Items]
Common stock, shares authorized (in shares)				280,000,000			280,000,000
Common stock, par value (in dollars per share)				$ 0.01			$ 0.01
Class I
Class of Stock [Line Items]
Common stock, shares authorized (in shares)				280,000,000			280,000,000
Common stock, par value (in dollars per share)				$ 0.01			$ 0.01
Class T
Class of Stock [Line Items]
Common stock, shares authorized (in shares)				70,000,000			70,000,000
Common stock, par value (in dollars per share)				$ 0.01			$ 0.01
Common Stock
Class of Stock [Line Items]
Cash received from common shares sold		$ 200,005
Offering price per share to public (in dollars per share)		$ 9.05
Issuance of common shares (in shares)				115,000	56,000
Common Stock | Subsequent Event
Class of Stock [Line Items]
Price per share for common stock pursuant to the distribution reinvestment plan (in dollars per share)						$ 10.17
Common Stock | IPO
Class of Stock [Line Items]
Issuance of common shares (in shares)				9,118,591
Shares issued as stock distributions (in shares)				755,005
Common Stock | Class A | Subsequent Event
Class of Stock [Line Items]
Offering price per share to public (in dollars per share)						11.31
Common Stock | Class S | Subsequent Event
Class of Stock [Line Items]
Offering price per share to public (in dollars per share)						10.55
Common Stock | Class I | Subsequent Event
Class of Stock [Line Items]
Offering price per share to public (in dollars per share)						10.17
Common Stock | Class T | Subsequent Event
Class of Stock [Line Items]
Offering price per share to public (in dollars per share)						$ 10.83

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	3 Months Ended
	Mar. 31, 2022USD ($)financialInstitutionshares	Mar. 31, 2021USD ($)shares	Dec. 31, 2021USD ($)
Schedule of Equity Method Investments [Line Items]
Bank overdrafts			$ 184,000
Impairment of real estate	$ 0
Prepaid expenses and other assets	200,000		303,000
Acquisition deposits	125,000		125,000
Organization and offering costs incurred	8,396,000
Organization and offering costs	81,000	$ 4,000
Net loss	(142,000)	(1,066,000)
Deferred tax benefit	0	$ 0
Deferred tax asset	$ 0		0
Antidilutive securities (in shares) | shares	0	0
Number of financial institutions | financialInstitution	1
Loss on deposits	$ 0
Long-term debt, gross	42,795,000		37,745,000
Richardson Tech Center | Mortgages
Schedule of Equity Method Investments [Line Items]
Long-term debt, gross	2,448,000		$ 2,466,000
Revolving Credit Facility | East West Bank Mater Credit Facility Agreement - One
Schedule of Equity Method Investments [Line Items]
Maximum borrowing capacity	35,000,000
Revolving Credit Facility | East West Bank Mater Credit Facility Agreement - Two
Schedule of Equity Method Investments [Line Items]
Maximum borrowing capacity	$ 20,000,000
Organization And Offering Costs | Proceeds From Sale Of Common Stock
Schedule of Equity Method Investments [Line Items]
Maximum percentage of gross proceeds from sale of shares, incurred as organization and offering costs	15.00%
Customer Concentration Risk | Rental revenue | Spectrum Building
Schedule of Equity Method Investments [Line Items]
Concentration risk percentage		18.00%
Minimum
Schedule of Equity Method Investments [Line Items]
Useful life	5 years
Maximum
Schedule of Equity Method Investments [Line Items]
Useful life	39 years

Real Estate - Real Estate Asset

Real Estate - Real Estate Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Real Estate [Abstract]
Land	$ 16,816	$ 16,816
Buildings and improvements	60,594	59,719
In-place lease value intangible	7,477	7,477
Real estate assets, gross	84,887	84,012
Accumulated depreciation and amortization	(17,441)	(16,369)
Real estate assets, net	$ 67,446	$ 67,643

Real Estate - Narrative (Detail

Real Estate - Narrative (Details)	3 Months Ended
	Mar. 31, 2022USD ($)ft²	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)
Finite-Lived Intangible Assets [Line Items]
Depreciation	$ 821,000	$ 902,000
Amortization expense	251,000	489,000
Acquisition fees	0	0
Asset management fees	138,000	138,000
Long-term debt, gross	42,795,000		$ 37,745,000
Equity in losses of equity method investment	(91,000)	$ (294,000)
Weslayan TIC Loan Agreement | Secured Debt
Finite-Lived Intangible Assets [Line Items]
Long-term debt, gross	$ 3,890,000
Stated interest rate	4.66%
3100 Weslayan
Finite-Lived Intangible Assets [Line Items]
Ownership interest acquired	83.00%
Area of real estate property (in square feet) | ft²	78,289
Ownership interest remaining with acquiree	17.00%

Real Estate - In-Place Lease In

Real Estate - In-Place Lease Intangible Assets and Accumulated Amortization (Details) - In-Place Leases - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
In-place lease value intangible	$ 7,477	$ 7,477
In-place leases – accumulated amortization	(6,897)	(6,646)
Acquired in-place lease intangible assets, net	$ 580	$ 831

Investment in unconsolidated _2

Investment in unconsolidated entities - Narrative (Details) - USD ($)	Sep. 24, 2020	Mar. 01, 2019	Feb. 28, 2019	Sep. 30, 2015	Mar. 31, 2022	Mar. 31, 2021	May 13, 2020	Apr. 14, 2020
Schedule of Equity Method Investments [Line Items]
Proceeds from sale of stock	$ 3,709,703
Investment carrying amount					$ 11,734,000
Common Stock
Schedule of Equity Method Investments [Line Items]
Offering price per share to public (in dollars per share)				$ 9.05
Number of common shares sold (in shares)				22,100
Hartman SPE, LLC | Variable Interest Entity, Not Primary Beneficiary
Schedule of Equity Method Investments [Line Items]
Ownership percentage disposed of		3.42%
Ownership interest percentage		2.47%	5.89%
Hartman SPE, LLC | Common Stock
Schedule of Equity Method Investments [Line Items]
Number of shares received in exchange for ownership interest (in shares)		700,302
Hartman Income REIT Management Inc
Schedule of Equity Method Investments [Line Items]
Number of common shares sold (in shares)	661,940
Hartman Income REIT Management Inc | Common Stock
Schedule of Equity Method Investments [Line Items]
Shares purchased (in shares)							500,000	500,000
Offering price per share to public (in dollars per share)							$ 5	$ 4
Hartman Income REIT Management Inc | Common Stock | Hartman Short Term Income Properties XX Inc
Schedule of Equity Method Investments [Line Items]
Number of shares converted (in shares)	497,926
Hartman Income REIT Operating Partnership
Schedule of Equity Method Investments [Line Items]
Number of common shares sold (in shares)	80,000
Hartman Income REIT Operating Partnership | Common Stock | Hartman Short Term Income Properties XX Inc
Schedule of Equity Method Investments [Line Items]
Number of shares converted (in shares)	60,178
Affiliated Entity | Hartman SPE, LLC | Dividend Distributions
Schedule of Equity Method Investments [Line Items]
Dividend income					0	$ 0
Affiliated Entity | Hartman Short Term Income Properties XX Inc | Dividend Distributions
Schedule of Equity Method Investments [Line Items]
Dividend income					$ 142,000	$ 110,000

Accrued Rent and Accounts Rec_3

Accrued Rent and Accounts Receivable, net - Schedule of Accrued Rent (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Receivables [Abstract]
Tenant and other receivables	$ 392	$ 321
Accrued interest receivable	1,306	1,154
Accrued rent	803	663
Allowance for doubtful accounts	(221)	(183)
Accrued rents and accounts receivable, net	$ 2,280	$ 1,955

Accrued Rent and Accounts Rec_4

Accrued Rent and Accounts Receivable, net - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Payables and Accruals [Abstract]
Allowance for uncollectible accounts	$ 221		$ 183
Bad debt expense (recovery)	$ 38,000	$ 0

Deferred Leasing Commission C_3

Deferred Leasing Commission Costs, net (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred leasing commissions	$ 2,366	$ 2,206
Less: accumulated amortization	(522)	(407)
Deferred leasing commission costs, net	$ 1,844	$ 1,799

Future Minimum Rents (Details)

Future Minimum Rents (Details) $ in Thousands	Mar. 31, 2022USD ($)
March 31,
2022	$ 10,449
2023	9,020
2024	5,742
2025	3,795
2026	2,184
Thereafter	1,102
Total	$ 32,292

Notes Payable, net - Notes Paya

Notes Payable, net - Notes Payable (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 18, 2022	Mar. 17, 2022	Dec. 31, 2021	Mar. 29, 2021	Mar. 10, 2020
Debt Instrument [Line Items]
Long-term debt, gross	$ 42,795,000			$ 37,745,000
Less unamortized loan costs	(285,000)			(90,000)
Long-term debt	42,510,000			37,655,000
Richardson Tech Center | Mortgages
Debt Instrument [Line Items]
Long-term debt, gross	$ 2,448,000			2,466,000
Debt interest rate during the period	3.50%
Richardson Tech Center | Mortgages | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate	2.75%
Master Credit Facility Agreement - EWB | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 35,000,000	$ 20,000,000
Interest rate	3.40%
Line of credit facility, remaining borrowing capacity	$ 10,278,000
Master Credit Facility Agreement - EWB | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross	$ 24,722,000			19,954,000
Master Credit Facility Agreement - EWB | Line of Credit | Revolving Credit Facility | Prime Rate
Debt Instrument [Line Items]
Basis spread on variable rate	(0.10%)
Master Credit Facility Agreement - EWB II | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity						$ 20,000,000
Interest rate	3.00%
Line of credit facility, remaining borrowing capacity	$ 5,000
Current borrowing capacity					$ 15,630,000	$ 13,925,000
Master Credit Facility Agreement - EWB II | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross	$ 15,625,000			$ 15,325,000
Master Credit Facility Agreement - EWB II | Line of Credit | Revolving Credit Facility | Prime Rate
Debt Instrument [Line Items]
Basis spread on variable rate	(0.50%)
Weslayan TIC Loan Agreement | Secured Debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 3,890,000
Stated interest rate	4.66%

Notes Payable, net - Narrative

Notes Payable, net - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Debt Disclosure [Abstract]
Interest expense	$ 297	$ 284
Deferred loan cost amortization	27	$ 43
Unamortized deferred loan costs	285		$ 90
Interest expense payable	$ 95		$ 88

Related Party Arrangements (Det

Related Party Arrangements (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Aug. 04, 2020	Nov. 01, 2019
Related Party Transaction [Line Items]
Special limited partnership interests	$ 1,000		$ 1,000
Acquisition fee, percent	2.50%
Acquisition fees	$ 0	$ 0
Notes receivable - related party	13,063,000		11,388,000
Due from related parties	1,248,000		1,060,000
Unsecured Promissory Note To Hartman Short Term Income Properties XX Inc
Related Party Transaction [Line Items]
Notes receivable - related party	7,688,000		6,012,000	$ 8,200,000	$ 10,000,000
Note receivable, interest rate				10.00%	10.00%
Additional advances				$ 2,412,000
Total notes receivables and advances				$ 10,611,000
Unsecured Promissory Note To Hartman Short Term Income Properties XX Inc | Hartman Retail III Holdings LLC Note
Related Party Transaction [Line Items]
Notes receivable, outstanding balance	1,547,000		1,547,000
Unsecured Promissory Note To Hartman Short Term Income Properties XX Inc | Hartman Ashford Bayou LLC Note
Related Party Transaction [Line Items]
Notes receivable, outstanding balance	$ 3,829,000		3,829,000
Hartman Advisors LLC (Advisor) | Subsidiaries
Related Party Transaction [Line Items]
Maximum reimbursement as a percent of offering proceeds	15.00%
Advisor disposition fees	0.50%
Reimbursable advisor expense, percentage of average invested assets	2.00%
Reimbursable advisor expense, percent of ne income not to exceed operating expenses	25.00%
Hartman Advisors LLC (Advisor) | Subsidiaries | Debt Financing Fee
Related Party Transaction [Line Items]
Debt financing fee, percentage	1.00%
Debt financing fee	$ 0	0
Hartman Advisors LLC (Advisor) | Subsidiaries | Sale Of Property
Related Party Transaction [Line Items]
Advisor fee, percent of sales price	3.00%
Hartman Advisors LLC (Advisor) | Subsidiaries | Sale Of Any Asset Other Than Real Property
Related Party Transaction [Line Items]
Advisor fee, percent of sales price	3.00%
Hartman Short Term Income Properties XX Inc | Affiliated Entity
Related Party Transaction [Line Items]
Due from related parties	$ 0		0
Hartman Advisors LLC (Advisor) | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	0		0
Hartman Advisors LLC (Advisor) | Affiliated Entity | Property Management Fee
Related Party Transaction [Line Items]
Property managements fees and reimbursable costs	138,000	138,000
Property Manager | Affiliated Entity
Related Party Transaction [Line Items]
Due to related parties	$ 2,000		0
Property Manager | Affiliated Entity | Property Management Fee
Related Party Transaction [Line Items]
Property management fees paid as a percentage of gross revenues	3.00%
Property managements fees and reimbursable costs	$ 345,000	331,000
Property Manager | Affiliated Entity | Construction Management Fee
Related Party Transaction [Line Items]
Construction management fees and leasing commissions	13,000	27,000
Property Manager | Affiliated Entity | Leasing Commissions
Related Party Transaction [Line Items]
Construction management fees and leasing commissions	$ 159,000	$ 127,000
Texas Limited Liability Company | Affiliated Entity | Asset Management Fees Payable
Related Party Transaction [Line Items]
Due to related party, monthly fees, percentage of asset cost or value	0.0625%
Other Hartman Affiliates | Affiliated Entity
Related Party Transaction [Line Items]
Due from related parties	$ 1,250,000		$ 1,060,000

Loss Per Share (Details)

Loss Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Numerator:
Net loss attributable to common stockholders	$ (142)	$ (1,066)
Denominator:
Basic weighted average shares outstanding (in shares)	9,091	8,839
Diluted weighted average shares outstanding (in shares)	9,091	8,839
Basic loss per common share, basic (in dollars per share)	$ (0.02)	$ (0.12)
Diluted loss per common share, diluted (in dollars per share)	$ (0.02)	$ (0.12)

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details)	Sep. 30, 2015USD ($)$ / sharesshares	Mar. 31, 2022USD ($)vote$ / sharesshares	Mar. 31, 2021USD ($)shares	Dec. 31, 2021$ / sharesshares
Class of Stock [Line Items]
Common stock, shares authorized (in shares)		900,000,000
Common stock, par value (in dollars per share) | $ / shares		$ 0.01
Preferred stock, shares authorized (in shares)		50,000,000		50,000,000
Preferred stock, par value (in dollars per share) | $ / shares		$ 0.01		$ 0.01
Number of votes per share | vote		1
Stock based compensation expense | $		$ 25,000	$ 7,313
Common Stock
Class of Stock [Line Items]
Number of common shares sold (in shares)	22,100
Sale of common stock, price per share (in dollars per share) | $ / shares	$ 9.05
Cash received from common shares sold | $	$ 200,005
Common Stock | Restricted Shares
Class of Stock [Line Items]
Restricted common stock granted (in shares)		2,444	710
Class A
Class of Stock [Line Items]
Common stock, shares authorized (in shares)		270,000,000		270,000,000
Common stock, par value (in dollars per share) | $ / shares		$ 0.01		$ 0.01
Class S
Class of Stock [Line Items]
Common stock, shares authorized (in shares)		280,000,000		280,000,000
Common stock, par value (in dollars per share) | $ / shares		$ 0.01		$ 0.01
Class I
Class of Stock [Line Items]
Common stock, shares authorized (in shares)		280,000,000		280,000,000
Common stock, par value (in dollars per share) | $ / shares		$ 0.01		$ 0.01
Class T
Class of Stock [Line Items]
Common stock, shares authorized (in shares)		70,000,000		70,000,000
Common stock, par value (in dollars per share) | $ / shares		$ 0.01		$ 0.01

Stockholders' Equity - Distribu

Stockholders' Equity - Distributions (Details) - USD ($) $ in Thousands	3 Months Ended																					63 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Mar. 31, 2022
Equity [Abstract]
Cash	$ 1,459	$ 286	$ 862	$ 1,117	$ 566	$ 821	$ 798	$ 790	$ 771	$ 746	$ 498	$ 388	$ 305	$ 237	$ 215	$ 182	$ 154	$ 127	$ 105	$ 62	$ 27	$ 10,516
DRP & Stock	583	605	581	578	566	620	605	605	543	629	646	484	388	346	293	245	192	163	115	72	19	8,878
Dividends	$ 2,042	$ 891	$ 1,443	$ 1,695	$ 1,132	$ 1,441	$ 1,403	$ 1,395	$ 1,314	$ 1,375	$ 1,144	$ 872	$ 693	$ 583	$ 508	$ 427	$ 346	$ 290	$ 220	$ 134	$ 46	$ 19,394
Term before dividend payment is received	30 days

Incentive Plans (Details)

Incentive Plans (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Restricted Shares | Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted (in shares)	2,444	710
Offering price per common share (in dollars per share)	$ 10.23	$ 10.30
Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of outstanding stock maximum	5.00%
Independent Directors Compensation Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Initial grant upon election, shares per individual (in shares)	3,000
Offering amount required for issuance of initial grant	$ 1,000,000

Special Limited Partnership I_2

Special Limited Partnership Interest (Details)	3 Months Ended
	Mar. 31, 2022$ / shares
Equity [Abstract]
Distributions as a percent of proceeds from asset dispositions	15.00%
Cumulative distribution rate on aggregate invested capital	6.00%
Aggregate redemption price if the Advisory Agreement is terminated or not renewed (in USD per share)	$ 1

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Thousands	Mar. 24, 2022	May 26, 2021
Loss Contingencies [Line Items]
Loss contingency, damages awarded in settlement	$ 7,871
Loss related to litigation	$ 750
Pending Litigation
Loss Contingencies [Line Items]
Amount sought by plaintiff in litigation		$ 8,400
Litigation amount sought related to wholly owned properties of the Company		$ 800