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Consolidated Statements of Operations (unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue    
Revenue $ 1,337,039 $ 1,181,935
Expenses    
General, administrative and organizational costs 344,147 341,680
Building expenses 313,600 253,391
Depreciation and amortization 557,550 430,893
Interest expense, net 469,210 330,294
Compensation costs 351,287 279,742
Total expenses 2,035,794 1,636,000
Operating loss (698,755) (454,065)
Other expense (506,000)  
Income on investment in tenancy-in-common 14,402 8,552
Net loss (1,190,353) (445,513)
Less: Net income attributable to non-controlling interest 127,214 129,963
Net income (loss) attributable to Generation Income Properties, Inc. $ (1,317,567) $ (575,476)
Total Weighted Average Shares of Common Stock Outstanding – Basic 2,541,477 2,196,056
Total Weighted Average Shares of Common Stock Outstanding – Diluted 2,541,477 2,196,056
Basic Income Per Share Attributable to Common Stockholders $ (0.52) $ (0.26)
Diluted Income Per Share Attributable to Common Stockholders $ (0.52) $ (0.26)
Rental Income    
Revenue    
Revenue $ 1,326,707 $ 1,181,935
Other Incomes    
Revenue    
Revenue $ 10,332 $ 0