$SQFT
Presidio Property Trust, Inc.

2016 Q2 Form 10-Q Financial Statement

#000156459016023711 Filed on August 09, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $5.592M
YoY Change 45.52%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.500M $1.815M
YoY Change 37.74% 43.97%
% of Gross Profit
Operating Expenses $4.865M
YoY Change 16.39%
Operating Profit $5.221M $3.519M
YoY Change 48.36%
Interest Expense $3.501M $2.276M
YoY Change 53.83%
% of Operating Profit 67.06% 64.67%
Other Income/Expense, Net -$1.139M
YoY Change 561.4%
Pretax Income
YoY Change
Income Tax $76.15K $75.95K
% Of Pretax Income
Net Earnings -$911.4K $2.971M
YoY Change -130.68% -370.99%
Net Earnings / Revenue 53.13%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 16.94M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $5.518M $11.47M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $2.423M $2.423M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $252.3M $205.2M
YoY Change 22.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $133.1M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$85.56M
YoY Change
Common Stock $145.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $59.59M
YoY Change
Total Liabilities & Shareholders Equity $205.2M
YoY Change

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income -$911.4K $2.971M
YoY Change -130.68% -370.99%
Depreciation, Depletion And Amortization $2.500M $1.815M
YoY Change 37.74% 43.97%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
6049642
CY2016Q2 us-gaap Notes Payable
NotesPayable
146851579
CY2016Q2 us-gaap Other Assets
OtherAssets
5595570
CY2016Q2 us-gaap Goodwill
Goodwill
2423000
CY2016Q2 us-gaap Assets
Assets
252262170
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5518204
CY2016Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4632939
CY2016Q2 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
1766550
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-1994030
CY2015Q2 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
4730398
us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
4730398
us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-131375
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
55023
CY2016Q2 netr Accrued Real Estate Taxes
AccruedRealEstateTaxes
1596026
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3566855
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
76152
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
75945
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
144700
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
141752
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5552066
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-2271351
CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.05
CY2016Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
17269324
netr Depreciation Amortization And Amortization Of Above Market Rents
DepreciationAmortizationAndAmortizationOfAboveMarketRents
5159161
us-gaap Restricted Stock Expense
RestrictedStockExpense
259068
netr Amortization Of Above Market Leases
AmortizationOfAboveMarketLeases
93136
CY2016Q2 netr Cash Dividends Paid Net Of Reinvested Stock Dividends
CashDividendsPaidNetOfReinvestedStockDividends
2174000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
735307
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-312919
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-356409
netr Change Accrued Real Estate Taxes
ChangeAccruedRealEstateTaxes
-805744
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1727775
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
7768755
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
2331329
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
533760
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
5287277
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3219720
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
9199547
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
5514476
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
49999
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
362067
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
147774
netr Payments For Proceeds From Series B Accrued Interest
PaymentsForProceedsFromSeriesBAccruedInterest
333814
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2011159
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-17410353
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
5835803
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11471805
netr Interest Paid Preferred Stock Series B
InterestPaidPreferredStockSeriesB
971334
netr Interest Paid Mortgage Notes
InterestPaidMortgageNotes
2823935
us-gaap Stock Issued1
StockIssued1
1354801
netr Accrual Of Dividends Payable
AccrualOfDividendsPayable
1045654
netr Contributed Capital Less Distributions Of Noncontrolling Interests
ContributedCapitalLessDistributionsOfNoncontrollingInterests
211173
netr Depreciation Amortization And Amortization Of Above Market Rents
DepreciationAmortizationAndAmortizationOfAboveMarketRents
3676332
us-gaap Depreciation And Amortization Discontinued Operations
DepreciationAndAmortizationDiscontinuedOperations
165646
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
5925152
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
621036
us-gaap Restricted Stock Expense
RestrictedStockExpense
237547
us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
-52948
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1388545
netr Amortization Of Above Market Leases
AmortizationOfAboveMarketLeases
113579
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
234140
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
52097
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1567699
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1107025
netr Change Accrued Real Estate Taxes
ChangeAccruedRealEstateTaxes
498057
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1012104
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
5720540
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
1528685
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
167194
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
36544507
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-2126847
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
4869828
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
24258260
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
9376835
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
24706507
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
211173
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
55023
netr Payments For Proceeds From Series B Accrued Interest
PaymentsForProceedsFromSeriesBAccruedInterest
1311778
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2145717
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
383726
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1108219
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5636002
netr Interest Paid Preferred Stock Series B
InterestPaidPreferredStockSeriesB
3990611
netr Interest Paid Mortgage Notes
InterestPaidMortgageNotes
3705826
us-gaap Stock Issued1
StockIssued1
1258904
netr Accrual Of Dividends Payable
AccrualOfDividendsPayable
1144320
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates.<font style="font-weight:normal;font-style:normal;"> The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Significant estimates include the allocation of purchase price paid for property acquisitions between land, building and intangible assets acquired including their useful lives; valuation of long-lived assets, and the allowance for doubtful accounts, which is based on an evaluation of the tenants&#8217; ability to pay. Actual results may differ from those estimates.</font></p></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Reclassifications.<font style="font-weight:normal;font-style:normal;"> Certain reclassifications have been made to the previously presented consolidated financial statements and condensed consolidated financial statements to conform to the current period presentation. These reclassifications had no effect on previously reported results of consolidated operations or equity.</font></p></div>
netr Number Of Limited Partnerships In Which Company Is Sole General Partner
NumberOfLimitedPartnershipsInWhichCompanyIsSoleGeneralPartner
2
netr Number Of Partnerships That Purchase And Leaseback Model Homes From Developers In Which Company Is Limited Partner
NumberOfPartnershipsThatPurchaseAndLeasebackModelHomesFromDevelopersInWhichCompanyIsLimitedPartner
4
us-gaap Key Provisions Of Operating Or Partnership Agreement Description
KeyProvisionsOfOperatingOrPartnershipAgreementDescription
The following partnership activity occurred during the periods covered by these condensed consolidated financial statements:  The Company is the sole General Partner in two limited partnerships (NetREIT Palm Self-Storage LP and NetREIT Casa Grande LP), all with ownership in real estate income producing properties. The Company refers to these entities collectively, as the “NetREIT Partnerships”. In June 2016, the Company purchased the 5.99% outside interest in NetREIT Garden Gateway LP.  The Company is a limited partner in four partnerships that purchase and leaseback Model Homes from developers (“Dubose Model Home Investors #201, LP”, “Dubose Model Homes Investors #202, LP”, “Dubose Model Homes Investors #203, LP”and “NetREIT Dubose Model Home REIT, LP”). The Company refers to these entities collectively, as the “Model Home Partnerships”. The Company has determined that the entities described above, where it owns less than 100%, should be included in the Company’s consolidated financial statements as the Company directs their activities and believes that it controls these limited partnerships through NetREIT, the Parent Company.
CY2016Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6939118
CY2016Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6872173
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5829342
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8015758
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1010307
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
1652598
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
1132151
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
913421
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
708769
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
1454927
CY2016Q2 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
496082
CY2015Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
536533
CY2016Q2 netr Notes Payable Including Unamortized Cost
NotesPayableIncludingUnamortizedCost
148914222
CY2015Q4 netr Notes Payable Including Unamortized Cost
NotesPayableIncludingUnamortizedCost
144690570
CY2016Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2062643
CY2015Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2052169
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
4541959
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
3381201
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
7325137
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
9808147
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
4867701
CY2016Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
118990077
CY2016Q2 us-gaap Long Term Debt
LongTermDebt
148914222
CY2016Q2 netr Scheduled Payments Due In Year Two
ScheduledPaymentsDueInYearTwo
16300000
CY2016Q2 netr Scheduled Payments Due In Year Three
ScheduledPaymentsDueInYearThree
18400000
CY2015Q2 netr Cash Dividends Paid Net Of Reinvested Stock Dividends
CashDividendsPaidNetOfReinvestedStockDividends
2011000
CY2016Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.40
CY2012Q1 netr Registered Shares Of Common Stock Pursuant To Dividend Reinvestment Plan
RegisteredSharesOfCommonStockPursuantToDividendReinvestmentPlan
3000000
CY2012Q1 netr Percentage Of Purchase Price Per Share
PercentageOfPurchasePricePerShare
0.95
CY2012Q1 netr Sales Price Per Share Of Stock
SalesPricePerShareOfStock
9.50
CY2012Q1 netr Payment Of Sales Commission Or Dealer Manager Fee
PaymentOfSalesCommissionOrDealerManagerFee
0
netr Notice Period For Amendments To Dividend Reinvestment Plan
NoticePeriodForAmendmentsToDividendReinvestmentPlan
P30D
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
15200000
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1595000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
5221261
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
3519310
us-gaap Operating Income Loss
OperatingIncomeLoss
11179927
us-gaap Operating Income Loss
OperatingIncomeLoss
6992623
CY2016Q2 netr General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
1308471
CY2015Q2 netr General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
1139112
netr General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
2607430
netr General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
2293914
CY2016Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2499630
CY2015Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1814786
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5159161
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3676332
CY2016Q2 us-gaap Interest Expense
InterestExpense
3501199
CY2015Q2 us-gaap Interest Expense
InterestExpense
2276022
us-gaap Interest Expense
InterestExpense
6864243
us-gaap Interest Expense
InterestExpense
4655614
CY2016Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1213060
CY2015Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
5846656
CY2016Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
240408714
CY2015Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
238341934
netr Real Estate Acquisitions
RealEstateAcquisitions
10100084
netr Real Estate Acquisitions
RealEstateAcquisitions
7249225

Files In Submission

Name View Source Status
0001564590-16-023711-index-headers.html Edgar Link pending
0001564590-16-023711-index.html Edgar Link pending
0001564590-16-023711.txt Edgar Link pending
0001564590-16-023711-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
netr-10q_20160630.htm Edgar Link pending
netr-20160630.xml Edgar Link completed
netr-20160630.xsd Edgar Link pending
netr-20160630_cal.xml Edgar Link unprocessable
netr-20160630_def.xml Edgar Link unprocessable
netr-20160630_lab.xml Edgar Link unprocessable
netr-20160630_pre.xml Edgar Link unprocessable
netr-ex311_6.htm Edgar Link pending
netr-ex312_9.htm Edgar Link pending
netr-ex313_8.htm Edgar Link pending
netr-ex321_7.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
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
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