v3.24.1.u1
Consolidated Statements of Operations (unaudited) - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenue    
Total Revenue $ 7,632,600 $ 5,432,462
Expenses    
General and administrative expense 1,734,134 1,647,987
Building expenses 1,699,200 1,208,192
Depreciation and amortization 3,538,569 2,110,975
Interest expense, net 2,744,406 1,620,237
Compensation costs 1,372,539 1,310,796
Total expenses 11,088,848 7,898,187
Operating loss (3,456,248) (2,465,725)
Other expense (506,639)
Income on investment in tenancy-in-common 32,773 37,298
Loss on derivative valuation, net (401,782)
Dead deal expense (109,569) (174,722)
Loss on debt extinguishment 0 (144,029)
Net Loss (4,441,465) (2,747,178)
Less: Net income attributable to non-controlling interests 1,275,797 490,462
Net Loss attributable to Generation Income Properties, Inc. (5,717,262) (3,237,640)
Less: Preferred stock dividends 475,000 0
Net loss attributable to common shareholders $ (6,192,262) $ (3,237,640)
Total Weighted Average Shares of Common Stock Outstanding – Basic 2,520,437 2,313,112
Total Weighted Average Shares of Common Stock Outstanding - Diluted 2,520,437 2,313,112
Basic Loss Per Share Attributable to Common Stockholders $ (2.46) $ (1.4)
Diluted Loss Per Share Attributable to Common Stockholders $ (2.46) $ (1.4)
Rental Income    
Revenue    
Total Revenue $ 7,593,564 $ 5,394,778
Other Income    
Revenue    
Total Revenue $ 39,036 $ 37,684

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