$PW
Power REIT Stock $pw

$pw Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000149315223041089 Filed on November 14, 2023

Income Statement

Concept	2023 Q4	2023 Q3	2022 Q3
Revenue	$646.5K	$488.5K	$2.008M
YoY Change	-71.79%	-75.67%	-21.19%
Cost Of Revenue	$540.1K	$410.0K
YoY Change	4.67%
Gross Profit	$106.4K	$80.00K
YoY Change	-94.01%
Gross Profit Margin	16.46%	16.38%
Selling, General & Admin	$544.0K	$580.0K	$432.9K
YoY Change	-32.69%	33.98%	94.02%
% of Gross Profit	511.12%	725.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$538.2K	$565.7K	$398.3K
YoY Change	9.96%	42.04%	39.17%
% of Gross Profit	505.59%	707.18%
Operating Expenses	$1.086M	$1.190M	$935.4K
YoY Change	-16.28%	27.22%	83.65%
Operating Profit	-$980.0K	-$1.110M
YoY Change	-305.04%
Interest Expense	-$845.8K	$667.1K	$489.3K
YoY Change	63.23%	36.34%	-330.78%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$1.812M	-$10.02M	$583.0K
YoY Change	-89.2%	-1818.78%	-68.07%
Income Tax
% Of Pretax Income
Net Earnings	-$1.976M	-$10.02M	$583.0K
YoY Change	-88.34%	-1819.25%	-68.07%
Net Earnings / Revenue	-305.55%	-2051.61%	29.04%
Basic Earnings Per Share		-$3.01	$0.12
Diluted Earnings Per Share	-$0.58	-$3.01	$0.12
COMMON SHARES
Basic Shares Outstanding	3.390M shares	3.390M shares	3.390M shares
Diluted Shares Outstanding		3.390M shares	3.406M shares

Balance Sheet

Concept	2023 Q4	2023 Q3	2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.203M	$2.600M	$4.222M
YoY Change	-22.66%	-38.42%	-54.49%
Cash & Equivalents	$2.203M	$2.606M	$4.222M
Short-Term Investments
Other Short-Term Assets	$224.7K	$13.30M	$19.36K
YoY Change	-98.55%	68598.35%	-86.35%
Inventory
Prepaid Expenses	$1.457K
Receivables	$0.00	$0.00	$135.2K
Other Receivables	$439.0K	$300.0K	$1.190M
Total Short-Term Assets	$2.866M	$16.20M	$5.567M
YoY Change	-84.81%	191.01%	-54.01%
LONG-TERM ASSETS
Property, Plant & Equipment	$51.13M	$54.10M	$94.76M
YoY Change	-19.55%	-42.91%	31.36%
Goodwill
YoY Change
Intangibles	$2.504M	$2.561M	$3.448M
YoY Change	-8.33%	-25.72%
Long-Term Investments
YoY Change
Other Assets	$12.79M	$1.000M
YoY Change	1179.15%
Total Long-Term Assets	$67.34M	$57.78M	$98.26M
YoY Change	0.02%	-41.2%	30.37%
TOTAL ASSETS
Total Short-Term Assets	$2.866M	$16.20M	$5.567M
Total Long-Term Assets	$67.34M	$57.78M	$98.26M
Total Assets	$70.21M	$73.98M	$103.8M
YoY Change	-18.55%	-28.75%	18.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$741.7K	$1.000M	$1.005M
YoY Change	-47.63%	-0.5%	407.69%
Accrued Expenses	$802.5K	$729.0K	$145.3K
YoY Change	45.85%	401.73%	5979.5%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$15.04M	$16.87M	$2.783M
YoY Change	1243.4%	506.01%	340.35%
Total Short-Term Liabilities	$18.70M	$20.70M	$7.338M
YoY Change	295.44%	182.11%	88.15%
LONG-TERM LIABILITIES
Long-Term Debt	$20.68M	$20.86M	$35.60M
YoY Change	-44.43%	-41.41%	57.42%
Other Long-Term Liabilities	$57.68K	$100.0K	$112.9K
YoY Change		-11.44%
Total Long-Term Liabilities	$20.74M	$20.86M	$35.60M
YoY Change	-44.27%	-41.41%	57.42%
TOTAL LIABILITIES
Total Short-Term Liabilities	$18.70M	$20.70M	$7.338M
Total Long-Term Liabilities	$20.74M	$20.86M	$35.60M
Total Liabilities	$39.44M	$41.61M	$43.05M
YoY Change	-5.98%	-3.34%	62.37%
SHAREHOLDERS EQUITY
Retained Earnings	-$25.79M	-$23.82M	$6.167M
YoY Change	139.37%	-486.23%
Common Stock	$47.26M	$47.04M	$46.11M
YoY Change	1.91%	2.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$30.77M	$23.22M	$52.28M
YoY Change
Total Liabilities & Shareholders Equity	$70.21M	$73.98M	$103.8M
YoY Change	-18.55%	-28.75%	18.7%

Cashflow Statement

Concept	2023 Q4	2023 Q3	2022 Q3
OPERATING ACTIVITIES
Net Income	-$1.976M	-$10.02M	$583.0K
YoY Change	-88.34%	-1819.25%	-68.07%
Depreciation, Depletion And Amortization	$538.2K	$565.7K	$398.3K
YoY Change	9.96%	42.04%	39.17%
Cash From Operating Activities	-$612.9K	-$320.0K	$1.343M
YoY Change	-313.37%	-123.83%	-54.09%
INVESTING ACTIVITIES
Capital Expenditures	-$5.000K	$20.00K	-$2.325M
YoY Change	-100.84%	-100.86%	-89.89%
Acquisitions
YoY Change
Other Investing Activities	$2.833M	$0.00
YoY Change
Cash From Investing Activities	$2.838M	-$20.00K	-$2.325M
YoY Change	-578.02%	-99.14%	-89.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-1.719M	-340.0K	4.012M
YoY Change	2444.52%	-108.47%	-929.03%
NET CHANGE
Cash From Operating Activities	-612.9K	-320.0K	1.343M
Cash From Investing Activities	2.838M	-20.00K	-2.325M
Cash From Financing Activities	-1.719M	-340.0K	4.012M
Net Change In Cash	507.0K	-680.0K	3.030M
YoY Change	-235.53%	-122.44%	-115.5%
FREE CASH FLOW
Cash From Operating Activities	-$612.9K	-$320.0K	$1.343M
Capital Expenditures	-$5.000K	$20.00K	-$2.325M
Free Cash Flow	-$607.9K	-$340.0K	$3.668M
YoY Change	98.29%	-109.27%	-85.85%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q3	PW	Deferred Debt Issuance Cost Net Of Amortization DeferredDebtIssuanceCostNetOfAmortization		usd
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Central Index Key EntityCentralIndexKey	0001532619
CY2023Q3	us-gaap	Accounts Receivable Net Noncurrent AccountsReceivableNetNoncurrent		usd
CY2022Q4	us-gaap	Other Assets OtherAssets		usd
CY2022Q4	us-gaap	Other Liabilities OtherLiabilities		usd
CY2023Q3	PW	Related Party Rental Income RelatedPartyRentalIncome		usd
	PW	Related Party Rental Income RelatedPartyRentalIncome		usd
CY2022Q3	us-gaap	Carrying Costs Property And Exploration Rights CarryingCostsPropertyAndExplorationRights		usd
	us-gaap	Carrying Costs Property And Exploration Rights CarryingCostsPropertyAndExplorationRights		usd
CY2022Q3	us-gaap	Asset Impairment Charges AssetImpairmentCharges		usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges		usd
CY2023Q3	us-gaap	Gain Loss On Sale Of Property GainLossOnSaleOfProperty		usd
CY2022Q3	us-gaap	Gain Loss On Sale Of Property GainLossOnSaleOfProperty		usd
	us-gaap	Gain Loss On Sale Of Property GainLossOnSaleOfProperty		usd
CY2023Q3	PW	Loan Modification Expense LoanModificationExpense		usd
CY2022Q3	PW	Loan Modification Expense LoanModificationExpense		usd
	PW	Loan Modification Expense LoanModificationExpense		usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense		usd
CY2022Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense		usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense		usd
	us-gaap	Preferred Stock Dividends Per Share Cash Paid PreferredStockDividendsPerShareCashPaid
CY2022Q3	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared
	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared
	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease		usd
	PW	Loan Modification Expense LoanModificationExpense		usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges		usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment		usd
	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties		usd
	us-gaap	Increase Decrease In Deferred Liabilities IncreaseDecreaseInDeferredLiabilities		usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment		usd
	us-gaap	Payments To Acquire Land PaymentsToAcquireLand		usd
	us-gaap	Payments For Construction In Process PaymentsForConstructionInProcess		usd
	us-gaap	Payments To Acquire Equipment On Lease PaymentsToAcquireEquipmentOnLease		usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts		usd
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	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock		usd
	PW	Dividends Accrued On Preferred Stock DividendsAccruedOnPreferredStock		usd
CY2023Q3	PW	Dilutive Securities Stock Options And Restrictive Stock Units DilutiveSecuritiesStockOptionsAndRestrictiveStockUnits		shares
	PW	Dilutive Securities Stock Options And Restrictive Stock Units DilutiveSecuritiesStockOptionsAndRestrictiveStockUnits		shares
CY2022Q3	PW	Assets Held For Sale Impairment Charges AssetsHeldForSaleImpairmentCharges		usd
CY2022Q3	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges		usd
CY2023Q3	PW	Intangible Lease Asset Net Of Accumulated Amortization IntangibleLeaseAssetNetOfAccumulatedAmortization		usd
CY2023Q3	PW	Deferred Rent Receivable Held For Sale DeferredRentReceivableHeldForSale		usd
CY2023Q3	PW	Prepaid Rent Held For Sale PrepaidRentHeldForSale		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2023-09-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-36312
	dei	Entity Registrant Name EntityRegistrantName	POWER REIT
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	45-3116572
	dei	Entity Address Address Line1 EntityAddressAddressLine1	301 Winding Road
	dei	Entity Address City Or Town EntityAddressCityOrTown	Old Bethpage
	dei	Entity Address State Or Province EntityAddressStateOrProvince	NY
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	11804
	dei	City Area Code CityAreaCode	(212)
	dei	Local Phone Number LocalPhoneNumber	750-0371
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2023Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	3389661	shares
CY2023Q3	us-gaap	Land Land	7373635	usd
CY2022Q4	us-gaap	Land Land	7423635	usd
CY2023Q3	us-gaap	Land Improvements LandImprovements	37535652	usd
CY2022Q4	us-gaap	Land Improvements LandImprovements	43386734	usd
CY2023Q3	us-gaap	Real Estate Investments Other RealEstateInvestmentsOther	9150000	usd
CY2022Q4	us-gaap	Real Estate Investments Other RealEstateInvestmentsOther	9150000	usd
CY2023Q3	us-gaap	Real Estate Investments RealEstateInvestments	54059287	usd
CY2022Q4	us-gaap	Real Estate Investments RealEstateInvestments	59960369	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2605689	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2847871	usd
CY2023Q3	us-gaap	Restricted Cash RestrictedCash	1000000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	1000000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Noncurrent AccountsReceivableNetNoncurrent	62198	usd
CY2023Q3	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	133087	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	6580	usd
CY2023Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	2561293	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	2731909	usd
CY2022Q4	PW	Deferred Debt Issuance Cost Net Of Amortization DeferredDebtIssuanceCostNetOfAmortization	46023	usd
CY2023Q3	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	345080	usd
CY2022Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	445058	usd
CY2023Q3	us-gaap	Assets Held For Sale Not Part Of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup	13201128	usd
CY2022Q4	us-gaap	Assets Held For Sale Not Part Of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup	19096915	usd
CY2023Q3	us-gaap	Other Assets OtherAssets	74048	usd
CY2023Q3	us-gaap	Assets Assets	73979612	usd
CY2022Q4	us-gaap	Assets Assets	86196923	usd
CY2023Q3	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	983015	usd
CY2022Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	1416085	usd
CY2023Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	729009	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	381427	usd
CY2023Q3	us-gaap	Security Deposit Liability SecurityDepositLiability	881724	usd
CY2022Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	881724	usd
CY2023Q3	us-gaap	Other Liabilities OtherLiabilities	57675	usd
CY2023Q3	us-gaap	Real Estate Liabilities Associated With Assets Held For Development And Sale RealEstateLiabilitiesAssociatedWithAssetsHeldForDevelopmentAndSale	1237081	usd
CY2022Q4	us-gaap	Real Estate Liabilities Associated With Assets Held For Development And Sale RealEstateLiabilitiesAssociatedWithAssetsHeldForDevelopmentAndSale	929782	usd
CY2023Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	16867313	usd
CY2022Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	1119821	usd
CY2023Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	20857933	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	37217841	usd
CY2023Q3	us-gaap	Liabilities Liabilities	41613750	usd
CY2022Q4	us-gaap	Liabilities Liabilities	41946680	usd
	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.0775	pure
CY2022	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.0775	pure
CY2023Q3	us-gaap	Temporary Equity Par Or Stated Value Per Share TemporaryEquityParOrStatedValuePerShare	25.00
CY2022Q4	us-gaap	Temporary Equity Par Or Stated Value Per Share TemporaryEquityParOrStatedValuePerShare	25.00
CY2023Q3	us-gaap	Temporary Equity Shares Authorized TemporaryEquitySharesAuthorized	1675000	shares
CY2022Q4	us-gaap	Temporary Equity Shares Authorized TemporaryEquitySharesAuthorized	1675000	shares
CY2023Q3	us-gaap	Temporary Equity Shares Issued TemporaryEquitySharesIssued	336944	shares
CY2023Q3	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	336944	shares
CY2022Q4	us-gaap	Temporary Equity Shares Issued TemporaryEquitySharesIssued	336944	shares
CY2022Q4	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	336944	shares
CY2023Q3	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	9142780	usd
CY2022Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	8653159	usd
CY2023Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	98325000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	98325000	shares
CY2023Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3389661	shares
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3389661	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3389661	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3389661	shares
CY2023Q3	us-gaap	Common Stock Value CommonStockValue	3389	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	3389	usd
CY2023Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	47038151	usd
CY2022Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	46369311	usd
CY2023Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-23818458	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-10775616	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	23223082	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	35597084	usd
CY2023Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	73979612	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	86196923	usd
CY2023Q3	PW	Lease Income From Finance Lease LeaseIncomeFromFinanceLease	228750	usd
CY2022Q3	PW	Lease Income From Finance Lease LeaseIncomeFromFinanceLease	228750	usd
	PW	Lease Income From Finance Lease LeaseIncomeFromFinanceLease	686250	usd
	PW	Lease Income From Finance Lease LeaseIncomeFromFinanceLease	686250	usd
CY2023Q3	PW	Rental Income RentalIncome	233152	usd
CY2022Q3	PW	Rental Income RentalIncome	1843174	usd
	PW	Rental Income RentalIncome	857459	usd
	PW	Rental Income RentalIncome	4960798	usd
CY2022Q3	PW	Related Party Rental Income RelatedPartyRentalIncome	-64335	usd
	PW	Related Party Rental Income RelatedPartyRentalIncome	578991	usd
CY2023Q3	us-gaap	Other Income OtherIncome	26629	usd
CY2022Q3	us-gaap	Other Income OtherIncome	56	usd
	us-gaap	Other Income OtherIncome	167452	usd
	us-gaap	Other Income OtherIncome	75	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	488531	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2007645	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1711161	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	6226114	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	56872	usd
CY2022Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	104173	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	170616	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	312519	usd
CY2023Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	439046	usd
CY2022Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	426576	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1330834	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1053688	usd
CY2023Q3	us-gaap	Carrying Costs Property And Exploration Rights CarryingCostsPropertyAndExplorationRights	405886	usd
	us-gaap	Carrying Costs Property And Exploration Rights CarryingCostsPropertyAndExplorationRights	1441382	usd
CY2023Q3	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	141495	usd
CY2022Q3	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	6328	usd
	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	335664	usd
	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	18950	usd
CY2023Q3	us-gaap	Depreciation Depreciation	565742	usd
CY2022Q3	us-gaap	Depreciation Depreciation	398298	usd
	us-gaap	Depreciation Depreciation	1775160	usd
	us-gaap	Depreciation Depreciation	1075355	usd
CY2023Q3	us-gaap	Asset Impairment Charges AssetImpairmentCharges	8235136	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	8235136	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	667090	usd
CY2022Q3	us-gaap	Interest Expense InterestExpense	489300	usd
	us-gaap	Interest Expense InterestExpense	1856042	usd
	us-gaap	Interest Expense InterestExpense	1239824	usd
CY2023Q3	us-gaap	Costs And Expenses CostsAndExpenses	10511267	usd
CY2022Q3	us-gaap	Costs And Expenses CostsAndExpenses	1424675	usd
	us-gaap	Costs And Expenses CostsAndExpenses	15144834	usd
	us-gaap	Costs And Expenses CostsAndExpenses	3700336	usd
	us-gaap	Gain Loss On Sale Of Property GainLossOnSaleOfProperty	1040452	usd
	PW	Loan Modification Expense LoanModificationExpense	-160000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	880452	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-10022736	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	582970	usd
	us-gaap	Net Income Loss NetIncomeLoss	-12553221	usd
	us-gaap	Net Income Loss NetIncomeLoss	2525778	usd
CY2023Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	163207	usd
CY2022Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	163208	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	489621	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	489621	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-10185943	usd
CY2022Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	419762	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-13042842	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	2036157	usd
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-3.01
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-3.85
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.60
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-3.01
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-3.85
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.58
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3389661	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3386252	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3389661	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3373681	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3389661	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3405723	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3389661	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3492446	shares
CY2022Q3	us-gaap	Preferred Stock Dividends Per Share Cash Paid PreferredStockDividendsPerShareCashPaid	0.48
	us-gaap	Preferred Stock Dividends Per Share Cash Paid PreferredStockDividendsPerShareCashPaid	1.45
CY2023Q3	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.48
	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	1.45
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	35597084	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-339046	usd
CY2023Q1	us-gaap	Preferred Stock Accretion Of Redemption Discount PreferredStockAccretionOfRedemptionDiscount	163207	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	227009	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	35321840	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-2191439	usd
CY2023Q2	us-gaap	Preferred Stock Accretion Of Redemption Discount PreferredStockAccretionOfRedemptionDiscount	163207	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	225357	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	33192551	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-10022736	usd
CY2023Q3	us-gaap	Preferred Stock Accretion Of Redemption Discount PreferredStockAccretionOfRedemptionDiscount	163207	usd
CY2023Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	216474	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	23223082	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	49821135	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	997880	usd
CY2022Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	163207	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	109100	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	50764908	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	944928	usd
CY2022Q2	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	163206	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	109100	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	51655730	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	51655730	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	582970	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	582970	usd
CY2022Q3	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	163208	usd
CY2022Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	205710	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	52281202	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	52281202	usd
	us-gaap	Net Income Loss NetIncomeLoss	-12553221	usd
	us-gaap	Net Income Loss NetIncomeLoss	2525778	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	170616	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	312519	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	63746	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	65611	usd
	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	29776	usd
	PW	Loan Modification Expense LoanModificationExpense	-160000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	668840	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	423910	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	8235136	usd
	us-gaap	Depreciation Depreciation	1775160	usd
	us-gaap	Depreciation Depreciation	1075355	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	1040452	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-62198	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	135168	usd
	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	40277	usd
	PW	Increase Decrease In Deferred Rent Receivable IncreaseDecreaseInDeferredRentReceivable	-427901	usd
	PW	Increase Decrease In Deferred Rent Receivable IncreaseDecreaseInDeferredRentReceivable	-944288	usd
	us-gaap	Increase Decrease In Deferred Liabilities IncreaseDecreaseInDeferredLiabilities	303956	usd
	us-gaap	Increase Decrease In Prepaid Expenses Other IncreaseDecreaseInPrepaidExpensesOther	43257	usd
	us-gaap	Increase Decrease In Prepaid Expenses Other IncreaseDecreaseInPrepaidExpensesOther	-473840	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1373	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-50000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-505395	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	925662	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	300000	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	-460000	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	311041	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	68696	usd
	us-gaap	Increase Decrease In Prepaid Rent IncreaseDecreaseInPrepaidRent	37161	usd
	us-gaap	Increase Decrease In Prepaid Rent IncreaseDecreaseInPrepaidRent	-48620	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2006221	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	6553014	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	2409178	usd
	us-gaap	Payments To Acquire Land PaymentsToAcquireLand	11193345	usd
	us-gaap	Payments For Construction In Process PaymentsForConstructionInProcess	9167971	usd
	us-gaap	Payments To Acquire Equipment On Lease PaymentsToAcquireEquipmentOnLease	15000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	2394178	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-20361316	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	43958	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	16000000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	630139	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	607438	usd
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	489621	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-630139	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	14858983	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-242182	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1050681	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3847871	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3171301	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3605689	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4221982	usd
	us-gaap	Interest Paid Net InterestPaidNet	1737442	usd
	us-gaap	Interest Paid Net InterestPaidNet	1105517	usd
	PW	Reclass Of Deferred Debt Issuance Costs To Liability Upon Reduction Of Total Loan Commitment ReclassOfDeferredDebtIssuanceCostsToLiabilityUponReductionOfTotalLoanCommitment	46023	usd
	PW	Reclass Of Deferred Debt Issuance Costs To Liability Upon Reduction Of Total Loan Commitment ReclassOfDeferredDebtIssuanceCostsToLiabilityUponReductionOfTotalLoanCommitment	255165	usd
	PW	Dividends Accrued On Preferred Stock DividendsAccruedOnPreferredStock	489621	usd
	us-gaap	Notes Issued1 NotesIssued1	57675	usd
	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_805_eus-gaap--NatureOfOperations_zOPXgINOvOX7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>1 – <span id="xdx_82B_z8aCeQEXGMIc">GENERAL INFORMATION</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">Power REIT (the “Registrant” or the “Trust”, and together with its consolidated subsidiaries, “Power REIT”, unless the context requires otherwise) is a Maryland-domiciled, internally-managed real estate investment trust (a “REIT”) that owns a portfolio of real estate assets related to transportation, energy infrastructure and Controlled Environment Agriculture (“CEA”) in the United States.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information, and with the rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Accordingly, these interim financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of the Trust, as defined below, these unaudited consolidated financial statements include all adjustments necessary to present fairly the information set forth herein. All such adjustments are of a normal recurring nature. Results for interim periods are not necessarily indicative of results to be expected for a full year.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">These unaudited consolidated financial statements should be read in conjunction with the Trust’s audited consolidated financial statements and notes included in the Trust’s latest Annual Report on Form 10-K for the fiscal year ended December 31, 2022 filed with the SEC on March 31, 2023.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">The Trust is structured as a holding company and owns its assets through twenty-four direct and indirect wholly-owned, special purpose subsidiaries that have been formed in order to hold real estate assets, obtain financing and generate lease revenue. As of September 30, 2023, the Trust’s assets consisted of approximately 112 miles of railroad infrastructure and related real estate which is owned by its subsidiary Pittsburgh & West Virginia Railroad (“P&WV”), approximately 501 acres of fee simple land leased to a number of utility scale solar power generating projects with an aggregate generating capacity of approximately 88 Megawatts (“MW”) and approximately 263 acres of land with approximately <span id="xdx_909_eus-gaap--AreaOfLand_iI_pid_uSqft_c20230930_zJWfSJL3z7h" title="Area of land acquired">2,211,000</span> square feet of CEA properties in the form of greenhouses.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">On January 6, 2023, a wholly owned subsidiary of Power REIT, sold its interest in five ground leases related to utility scale solar farms located in Tulare County, California for gross proceeds of $<span id="xdx_90D_eus-gaap--ProceedsFromIssuanceOfCommonStock_c20230106__20230106_zVhwUjamF7I1" title="Gross proceeds">2,500,000</span>. The purchaser was an unaffiliated third party and the price was established based on an arm’s length negotiation. The properties were acquired by Power REIT in 2013 for $<span id="xdx_90F_eus-gaap--PaymentsToAcquireProductiveAssets_c20230106__20230106_zhZnXhuFlRwc" title="Property improvement">1,550,000</span>.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">During the nine months ended September 30, 2023, the Trust accrued quarterly dividends of approximately $<span id="xdx_90E_eus-gaap--RedeemablePreferredStockDividends_c20230101__20230930__us-gaap--StatementClassOfStockAxis__custom--SeriesACumulativeRedeemablePerpetualPreferredStockMember_zXXTKFHh1YQb" title="Redeemable preferred stock dividends">490,000</span> ($<span id="xdx_905_eus-gaap--DividendsPayableAmountPerShare_iI_pid_c20230930__us-gaap--StatementClassOfStockAxis__custom--SeriesACumulativeRedeemablePerpetualPreferredStockMember_zBMeoFDHJ6Ja" title="Dividends payable, amount per share">0.484375</span> per share per quarter) on Power REIT’s <span id="xdx_90E_eus-gaap--PreferredStockDividendRatePercentage_pid_dp_uPure_c20230101__20230930__us-gaap--StatementClassOfStockAxis__custom--SeriesACumulativeRedeemablePerpetualPreferredStockMember_zDYvXApcKrN7" title="Percentage of redeemble perpetual preferred stock">7.75%</span> Series A Cumulative Redeemable Perpetual Preferred Stock.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">The Trust has elected to be treated for tax purposes as a REIT, which means that it is exempt from U.S. federal income tax if a sufficient portion of its annual income is distributed to its shareholders, and if certain other requirements are met. In order for the Trust to maintain its REIT qualification, at least <span id="xdx_900_ecustom--MinimumPercentageOfTaxableIncomeToBeDistributedToShareholders_pid_dp_uPure_c20230101__20230930_zORbI8vvuSyc" title="Minimum percentage of taxable income to be distributed to shareholders">90%</span> of its ordinary taxable annual income must be distributed to shareholders. As of December 31, 2022, the last tax return completed to date, the Trust has a net operating loss of $<span id="xdx_90B_eus-gaap--OperatingIncomeLoss_iN_pn5n6_di_c20220101__20221231_zA71xUcV64yb" title="Net operating loss">24.5</span> million, which may reduce or eliminate this requirement.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"> </span></p>
CY2023Q3	us-gaap	Area Of Land AreaOfLand	2211000	sqft
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2500000	usd
CY2023Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	1550000	usd
	PW	Minimum Percentage Of Taxable Income To Be Distributed To Shareholders MinimumPercentageOfTaxableIncomeToBeDistributedToShareholders	0.90	pure
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	-24500000	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2605689	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2847871	usd
CY2023Q3	us-gaap	Restricted Cash RestrictedCash	1000000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	1000000	usd
CY2023Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	3605689	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	3847871	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-10022736	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	582970	usd
	us-gaap	Net Income Loss NetIncomeLoss	-12553221	usd
	us-gaap	Net Income Loss NetIncomeLoss	2525778	usd
CY2023Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	163207	usd
CY2022Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	163208	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	489621	usd
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	489621	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-10185943	usd
CY2022Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	419762	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-13042842	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	2036157	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3389661	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3386252	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3389661	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3373681	shares
CY2022Q3	PW	Dilutive Securities Stock Options And Restrictive Stock Units DilutiveSecuritiesStockOptionsAndRestrictiveStockUnits	19471	shares
	PW	Dilutive Securities Stock Options And Restrictive Stock Units DilutiveSecuritiesStockOptionsAndRestrictiveStockUnits	118765	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3389661	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3405723	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3389661	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3492446	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-3.01
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-3.85
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.60
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-3.01
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-3.85
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.58
CY2023Q3	us-gaap	Property Plant And Equipment Useful Life PropertyPlantAndEquipmentUsefulLife	P37Y
	us-gaap	Depreciation Depreciation	1775000	usd
	us-gaap	Depreciation Depreciation	1075000	usd
	PW	Assets Held For Sale Impairment Charges AssetsHeldForSaleImpairmentCharges	4000000	usd
	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	4200000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	315000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	17200	usd
	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0	usd
	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	56872	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	227488	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	227488	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	227488	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	227488	usd
CY2023Q3	PW	Finite Lived Intangible Assets Amortization Expense After Year Four FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour	1594469	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2561293	usd
CY2023Q3	us-gaap	Real Estate Investments Other RealEstateInvestmentsOther	9150000	usd
	us-gaap	Other Income OtherIncome	167452	usd
	us-gaap	Other Income OtherIncome	75	usd
CY2023Q3	us-gaap	Other Assets OtherAssets	74048	usd
CY2022Q3	us-gaap	Other Assets OtherAssets	0	usd
CY2023Q3	us-gaap	Other Liabilities OtherLiabilities	57675	usd
CY2022Q3	us-gaap	Other Liabilities OtherLiabilities	0	usd
	us-gaap	Debt Instrument Maturity Date Description DebtInstrumentMaturityDateDescription	The loan is payable annually over five years with a 1.9% interest rate and matures on August 21, 2028
CY2023Q3	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.019	pure
CY2023Q3	PW	Nonrestricted Cash Available NonrestrictedCashAvailable	2600000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	315000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	17200	usd
	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	1544000	usd
	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	6226000	usd
CY2019Q4	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	15500000	usd
CY2023Q1	us-gaap	Debt Instrument Interest Rate Terms DebtInstrumentInterestRateTerms	The interest rate is changed to the greater of: (i) 1% above the Prime rate and (ii) 8.75%
CY2023Q1	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2025-12-21
CY2023Q1	PW	Debt Instrument Minimum Liquidity DebtInstrumentMinimumLiquidity	1000000	usd
CY2023Q1	us-gaap	Debt Instrument Fee DebtInstrumentFee	A $160,000 fee will be charged by the bank for the modification
CY2023Q3	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	16000000	usd
	PW	Loan Modification Expense LoanModificationExpense	-160000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	16082081	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	1165932	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	755634	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	797628	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	841452	usd
CY2023Q3	PW	Long Term Debt Maturities Repayments Of Principal After Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour	18820400	usd
CY2023Q3	us-gaap	Long Term Debt LongTermDebt	38463127	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	16082081	usd
CY2023Q3	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	16000000	usd
	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	8200000	usd
CY2022	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	16700000	usd
CY2023Q3	PW	Land Assets Held For Sale LandAssetsHeldForSale	1567648	usd
CY2022Q4	PW	Land Assets Held For Sale LandAssetsHeldForSale	2890177	usd
CY2023Q3	PW	Greenhouse Cultivation And Processing Facilities Net Of Accumulated Depreciation GreenhouseCultivationAndProcessingFacilitiesNetOfAccumulatedDepreciation	11633480	usd
CY2022Q4	PW	Greenhouse Cultivation And Processing Facilities Net Of Accumulated Depreciation GreenhouseCultivationAndProcessingFacilitiesNetOfAccumulatedDepreciation	15732694	usd
CY2022Q4	PW	Intangible Lease Asset Net Of Accumulated Amortization IntangibleLeaseAssetNetOfAccumulatedAmortization	146121	usd
CY2022Q4	PW	Deferred Rent Receivable Held For Sale DeferredRentReceivableHeldForSale	327923	usd
CY2023Q3	us-gaap	Assets Held For Sale Not Part Of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup	13201128	usd
CY2022Q4	us-gaap	Assets Held For Sale Not Part Of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup	19096915	usd
CY2023Q3	PW	Accounts Payable Held For Sale AccountsPayableHeldForSale	71502	usd
CY2022Q4	PW	Accounts Payable Held For Sale AccountsPayableHeldForSale	143827	usd
CY2023Q3	PW	Tenant Security Deposits Held For Sale TenantSecurityDepositsHeldForSale	880000	usd
CY2022Q4	PW	Tenant Security Deposits Held For Sale TenantSecurityDepositsHeldForSale	580000	usd
CY2022Q4	PW	Prepaid Rent Held For Sale PrepaidRentHeldForSale	37161	usd
CY2023Q3	PW	Accrued Property Tax Held For Sale AccruedPropertyTaxHeldForSale	285579	usd
CY2022Q4	PW	Accrued Property Tax Held For Sale AccruedPropertyTaxHeldForSale	168794	usd
CY2023Q3	PW	Liabilities Held For Sale Not Part Of Disposal Group LiabilitiesHeldForSaleNotPartOfDisposalGroup	1237081	usd
CY2022Q4	PW	Liabilities Held For Sale Not Part Of Disposal Group LiabilitiesHeldForSaleNotPartOfDisposalGroup	929782	usd
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod	150917	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.63	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0	pure
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y9M18D
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0305	pure
	PW	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Estimate Of Forfeiture Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsEstimateOfForfeitureRate	0	pure
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	6250	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	1250	shares
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P8Y9M14D
CY2023Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	334000	usd
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	0	usd
	us-gaap	Loss Contingency Disclosures LossContingencyDisclosures	<p id="xdx_800_eus-gaap--LossContingencyDisclosures_zaH1DlO5LKVd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>10 – <span id="xdx_82B_zg5xzQIYBR63">CONTINGENCIES</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Trust’s wholly-owned subsidiary, P&WV, is subject to various restrictions imposed by the Railroad Lease with NSC, including restrictions on share and debt issuance, including guarantees.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>

Files In Submission

Name	View Source	Status
0001493152-23-041089-index-headers.html	Edgar Link	pending
0001493152-23-041089-index.html	Edgar Link	pending
0001493152-23-041089.txt	Edgar Link	pending
0001493152-23-041089-xbrl.zip	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
pw-20230930.xsd	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
pw-20230930_def.xml	Edgar Link	unprocessable
pw-20230930_lab.xml	Edgar Link	unprocessable
pw-20230930_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
form10-q_htm.xml	Edgar Link	completed
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
pw-20230930_pre.xml	Edgar Link	unprocessable

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Power REIT Stock $pw

2023 Q4 Form 10-Q Financial Statement

#000149315223041089 Filed on November 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PW Power REIT Stock $pw

2023 Q4 Form 10-Q Financial Statement

#000149315223041089 Filed on November 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PW
Power REIT Stock $pw