CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Real Estate:
Land, at Cost	$ 283,759	$ 257,748
Building and Improvements, at Cost	764,952	720,480
Other Furnishings and Equipment, at Cost	911	883
Construction in Process, at Cost	2,597	5,091
Total Real Estate, at Cost	1,052,219	984,202
Less, Accumulated Depreciation	(100,206)	(82,864)
Real Estate-Net	952,013	901,338
Land and Development Costs	300	300
Intangible Lease Assets-Net	81,548	79,198
Investment in Alpine Income Property Trust, Inc.	34,752	39,666
Commercial Loans and Investments	106,128	105,043
Cash and Cash Equivalents	8,551	9,017
Restricted Cash	10,291	8,344
Refundable Income Taxes		70
Deferred Income Taxes-Net	2,472	2,467
Other Assets-See Note 11	37,171	36,201
Total Assets	1,233,226	1,181,644
Liabilities:
Accounts Payable	2,228	3,278
Accrued and Other Liabilities-See Note 17	23,054	21,268
Deferred Revenue-See Note 18	12,512	10,183
Intangible Lease Liabilities-Net	16,005	15,124
Income Taxes Payable	14
Long-Term Debt-Net	605,351	518,993
Total Liabilities	659,164	568,846
Commitments and Contingencies-See Note 21
Stockholders' Equity:
Preferred Stock - 100,000,000 shares authorized; $0.01 par value, 6.375% Series A Cumulative Redeemable Preferred Stock, $25.00 Per Share Liquidation Preference, 4,713,069 shares issued and outstanding at June 30, 2025 and 4,713,069 shares issued and outstanding at December 31, 2024	47	47
Common Stock - 500,000,000 shares authorized; $0.01 par value, 32,934,716 shares issued and outstanding at June 30, 2025 and 31,673,479 shares issued and outstanding at December 31, 2024	329	317
Additional Paid-In Capital	390,003	367,828
Retained Earnings	182,362	232,089
Accumulated Other Comprehensive Income	1,321	12,517
Total Stockholders' Equity	574,062	612,798
Total Liabilities and Stockholders' Equity	$ 1,233,226	$ 1,181,644

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business.

Name:	us-gaap_AccountsPayableCurrentAndNoncurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all domestic and foreign income tax obligations due. This amount is the total of current and noncurrent accrued income taxes.