Presidio Property Trust Inc
For the period ended Dec 31, 2023. Filed Apr 16, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Apr 16, 2024
SQFTW$0.01+3.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Equity
| Additional · Dividends and · Total · Non- | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock Series D · Common Stock · Paid-in · Accumulated · Stockholders’ · controlling · Total | |||||||||
| Shares | Amount | Shares | Amount | Capital | Losses | Equity | Interests | Equity | |
| Balance, December 31, 2021 | 920,000 | $9,200 | 11,599,720 | $115,997 | $186,492,012 | $(130,947,434) | $55,669,775 | $9,812,845 | $65,482,620 |
| Net (loss) income | — | — | — | — | — | (2,127,119) | (2,127,119) | 3,612,647 | 1,485,528 |
| Vesting of restricted stock | — | — | 404,804 | 4,048 | 1,884,945 | — | 1,888,993 | — | 1,888,993 |
| Dividends paid to Series A Common Stockholders | — | — | — | — | — | (3,114,456) | (3,114,456) | — | (3,114,456) |
| Dividends to Series D Preferred Stockholders | — | — | — | — | — | (2,152,741) | (2,152,741) | — | (2,152,741) |
| Remeasurement of SPAC common stock subject to possible redemption upon IPO, Public Warrants and Private Placement Units, net of offering costs | — | — | — | — | (4,023,113) | — | (4,023,113) | — | (4,023,113) |
| Remeasurement of SPAC shares to redemption value | — | — | — | — | (1,876,183) | — | (1,876,183) | — | (1,876,183) |
| Distributions in excess of contributions received | — | — | — | — | — | — | — | (4,412,046) | (4,412,046) |
| Repurchase of Series A Common Stock, at cost | — | — | (196,631) | (1,966) | (311,423) | — | (313,389) | — | (313,389) |
| Repurchase of Series D Preferred Stock, at cost | (6,013) | (60) | — | — | (122,081) | — | (122,141) | — | (122,141) |
| Balance, December 31, 2022 | 913,987 | $9,140 | 11,807,893 | $118,079 | $182,044,157 | $(138,341,750) | $43,829,626 | $9,013,446 | $52,843,072 |
| Net income | — | — | — | — | — | 10,146,446 | 10,146,446 | 3,031,080 | 13,177,526 |
| Vesting of restricted stock | — | — | 457,168 | 4,572 | 1,041,811 | — | 1,046,383 | — | 1,046,383 |
| Dividends paid to Series A common stockholders | — | — | — | — | — | (1,194,635) | (1,194,635) | — | (1,194,635) |
| Dividends to Series D preferred stockholders | — | — | — | — | — | (2,118,846) | (2,118,846) | — | (2,118,846) |
| Distributions in excess of contributions received | — | — | — | — | — | — | — | (1,676,639) | (1,676,639) |
| Remeasurement of SPAC shares to redemption value | — | — | — | — | (405,994) | — | (405,994) | — | (405,994) |
| Repurchase of Series D preferred stock, at cost | (23,041) | (231) | — | — | (369,755) | — | (369,986) | — | (369,986) |
| Balance, December 31, 2023 | 890,946 | $8,909 | 12,265,061 | $122,651 | $182,310,219 | $(131,508,785) | $50,932,994 | $10,367,887 | $61,300,881 |
See Notes to Consolidated Financial Statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.