v3.25.1
Consolidated Statements of Operations (unaudited) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenue    
Total Revenue $ 9,762,636 $ 7,632,600
Expenses    
General and administrative expense 2,109,271 1,734,134
Building expenses 2,673,624 1,699,200
Depreciation and amortization 4,765,203 3,538,569
Interest expense, net 4,286,546 2,744,406
Compensation costs 1,060,336 1,372,539
Total expenses 14,894,980 11,088,848
Operating loss (5,132,344) (3,456,248)
Other expense 0 (506,639)
Gain on derivative valuation 372,573 (401,782)
Income on investment in tenancy-in-common 0 32,773
Dead deal expense (35,873) (109,569)
Loss on held for sale asset valuation (77,244) 0
Net Loss (4,872,888) (4,441,465)
Less: Net income attributable to non-controlling interests 3,476,599 1,275,797
Net Loss attributable to Generation Income Properties, Inc. (8,349,487) (5,717,262)
Less: Preferred stock dividends 95,000 475,000
Net loss attributable to common shareholders $ (8,444,487) $ (6,192,262)
Total Weighted Average Shares of Common Stock Outstanding – Basic 5,163,956 2,520,437
Total Weighted Average Shares of Common Stock Outstanding - Diluted 5,163,956 2,520,437
Basic Loss Per Share Attributable to Common Stockholders $ (1.64) $ (2.46)
Diluted Loss Per Share Attributable to Common Stockholders $ (1.64) $ (2.46)
Rental Income    
Revenue    
Total Revenue $ 9,510,791 $ 7,593,564
Other Income    
Revenue    
Total Revenue $ 251,845 $ 39,036

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