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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Investments in real estate    
Land and improvements $ 167,538,000 $ 166,224,000
Buildings and improvements 271,046,000 254,379,000
Construction in progress 461,000 89,000
Intangible assets 10,025,000 9,756,000
Real Estate Investment Property, at Cost, Total 449,070,000 430,448,000
Accumulated depreciation and amortization (26,844,000) (22,873,000)
Total investments in real estate, net 422,226,000 407,575,000
Fixed Assets, net of accumulated depreciation of $112,000 and $94,000 as of June 30, 2022 and December 31, 2021 , respectively 296,000 61,000
Cash 8,623,000 11,805,000
Cash – restricted 5,357,000 4,891,000
Prepaid expenses 544,000 676,000
Accounts receivable, net allowance of doubtful accounts of $0.1 million as of December 31, 2021. No allowance as of June 30, 2022. 2,494,000 4,031,000
Other assets 121,000 108,000
Total assets 439,661,000 429,147,000
Liabilities    
Notes payable and paycheck protection program loan, net 150,299,000 207,153,000
Line of credit, net 72,106,000 0
Accounts payable and accrued expenses 18,530,000 13,849,000
Indemnification Liability 2,000,000 2,000,000
Security deposits 185,000 166,000
Deferred revenue 101,000 155,000
Total liabilities 243,221,000 223,323,000
Mobile Infrastructure Corporation Stockholders’ Equity    
Preferred stock 0 0
Common stock, $0.0001 par value, 98,999,000 shares authorized, 7,762,375 shares issued and outstanding as of June 30, 2022 and December 31, 2021 0 0
Warrants issued and outstanding – 1,702,128 warrants as of June 30, 2022 and December 31, 2021, respectively 3,319,000 3,319,000
Additional paid-in capital 194,676,000 196,176,000
Accumulated deficit (104,541,000) (101,049,000)
Total Mobile Infrastructure Corporation Stockholders’ Equity 93,454,000 98,446,000
Non-controlling interest 102,986,000 107,378,000
Total equity 196,440,000 205,824,000
Total liabilities and equity 439,661,000 429,147,000
Series A Preferred Stock [Member]    
Mobile Infrastructure Corporation Stockholders’ Equity    
Preferred stock 0 0
Nonvoting Preferred Stock [Member]    
Mobile Infrastructure Corporation Stockholders’ Equity    
Preferred stock $ 0 $ 0