v3.26.1
Consolidated Statements of Operations (unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Revenue | ||||
| Total revenue | $ 2,110,654 | $ 2,432,270 | $ 4,294,858 | $ 4,813,865 |
| Expenses | ||||
| General and administrative expense | 659,780 | 552,893 | 1,066,223 | 1,058,271 |
| Building expenses | 644,871 | 703,118 | 1,154,609 | 1,339,343 |
| Depreciation and amortization | 1,058,290 | 1,264,581 | 2,192,718 | 2,557,342 |
| Interest expense, net | 1,019,618 | 2,084,751 | 2,001,216 | 3,267,018 |
| Compensation costs | 302,146 | 199,942 | 690,835 | 440,687 |
| Total expenses | 3,684,705 | 4,805,285 | 7,105,601 | 8,662,661 |
| Operating loss | (1,574,051) | (2,373,015) | (2,810,743) | (3,848,796) |
| Other expense | 0 | 0 | (237) | (286) |
| Loss on derivative valuation | 195,952 | (122,326) | 351,803 | (415,825) |
| Dead deal expense | 0 | (0) | (0) | (27,894) |
| Loss on held for sale asset valuation | (668,649) | 0 | (668,649) | 0 |
| Loss on debt of extinguishment | (26,634) | (926,398) | (26,634) | (926,398) |
| Gain (loss) on sale of property | 1,089,754 | (44,782) | 1,089,754 | (44,782) |
| Loss on transfer of LLC interests in satisfaction of debt | 0 | 0 | (185,069) | 0 |
| Net loss | (983,628) | (3,466,521) | (2,249,775) | (5,263,981) |
| Less: Net income attributable to non-controlling interest | 97,271 | 956,107 | 962,259 | 1,890,506 |
| Net loss attributable to Generation Income Properties, Inc. | $ (1,080,899) | $ (4,422,628) | $ (3,212,034) | $ (7,154,487) |
| Total Weighted Average Shares of Common Stock Outstanding – Basic | 1,411,907 | 544,319 | 984,029 | 544,319 |
| Total Weighted Average Shares of Common Stock Outstanding – Diluted | 1,411,907 | 544,319 | 984,029 | 544,319 |
| Basic Loss Per Share Attributable to Common Stockholders | $ (0.77) | $ (8.13) | $ (3.26) | $ (13.14) |
| Diluted Loss Per Share Attributable to Common Stockholders | $ (0.77) | $ (8.13) | $ (3.26) | $ (13.14) |
| Rental Income | ||||
| Revenue | ||||
| Total revenue | $ 2,105,917 | $ 2,421,905 | $ 4,279,653 | $ 4,793,202 |
| Other Incomes | ||||
| Revenue | ||||
| Total revenue | $ 4,737 | $ 10,365 | $ 15,205 | $ 20,663 |
| X | ||||||||||
- Definition Building expenses. No definition available.
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- Definition Dead deal expense No definition available.
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- Definition Gain Loss On Held For Sale Asset Valuation No definition available.
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- Definition (Loss) Gain on Derivative Valuation No definition available.
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Other employee benefit expense includes, but is not limited to, service component of net periodic benefit cost for defined benefit plan. Excludes compensation cost in cost of good and service sold. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) on sale or disposal of oil and gas property or timber property. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A gain (loss) realized on a transfer, accounted for as a sale, of all or a portion of financial assets in which the transferor surrenders control and receives consideration other than a beneficial interest in the assets transferred. Reflects the amount of sales proceeds in excess of, or deficient from, the sum of the carrying amounts of transferred financial assets plus transaction costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expense classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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