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Consolidated Statements of Operations (unaudited) - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenue    
Total Revenue $ 5,432,462 $ 3,900,096
Expenses    
General and administrative expense 1,647,987 1,111,029
Building expenses 1,208,192 768,182
Depreciation and amortization 2,110,975 1,508,340
Interest expense, net 1,620,237 1,310,950
Compensation costs 1,310,796 849,701
Total expenses 7,898,187 5,548,202
Operating loss (2,465,725) (1,648,106)
Income on investment in tenancy-in-common 37,298 12,495
Gain on sale of property 0 923,178
Dead deal expense (174,722) 0
Loss on debt extinguishment (144,029) 0
Net Loss (2,747,178) (712,433)
Less: Net income attributable to non-controlling interests 490,462 513,581
Net Loss attributable to Generation Income Properties, Inc. $ (3,237,640) $ (1,226,014)
Total Weighted Average Shares of Common Stock Outstanding – Basic 2,313,112 1,067,599
Total Weighted Average Shares of Common Stock Outstanding - Diluted 2,313,112 1,067,599
Basic Loss Per Share Attributable to Common Stockholders $ (1.40) $ (1.15)
Diluted Loss Per Share Attributable to Common Stockholders $ (1.40) $ (1.15)
Rental Income    
Revenue    
Total Revenue $ 5,394,778 $ 3,854,846
Other Income    
Revenue    
Total Revenue $ 37,684 $ 45,250