Company: SQFTP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001437749-25-010185
Chunk: 124

Company: Presidio Property Trust, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 124
---
2024

       For the Year Ended December 31,  
   2024    2023  
 Real estate         
 Balance at the beginning of the year  $183,238,901  $165,316,008 
 Acquisitions   9,729,351   21,909,963 
 Improvements   2,261,826   6,663,116 
 Impairments   (1,784,311)  (2,398,097.0)
 Dispositions of real estate   (23,489,755)  (8,252,089)
 Balance at the end of the year  $169,956,012  $183,238,901 
 Accumulated depreciation and amortization         
 Balance at the beginning of the year  $(39,083,117) $(34,803,778)
 Depreciation and amortization expense   (5,021,653)  (4,925,463)
 Dispositions of real estate   1,745,258   646,124 
 Balance at the end of the year  $(42,359,512) $(39,083,117)
         
 Real estate assets, net  $127,596,500  $144,155,784 

      F-40