v3.25.2
Note 6 - Variable Interest Entity (Tables)
9 Months Ended
Sep. 30, 2022
Notes Tables  
Schedule of Variable Interest Entities [Table Text Block]
  

September 30,

2022

  

December 31,

2021

 
  

(unaudited)

     

Real estate assets, at cost

        

Property

 $57,278  $57,023 

Accumulated depreciation

  (9,794)  (8,751)

Total real estate assets

  47,484   48,272 

Cash and cash equivalents

  5,079   4,900 

Escrows and utility deposits

  1,928   1,243 

Accrued rents and accounts receivable, net of allowance for doubtful accounts

  952   1,104 

Receivable due from related party

  263   1,011 

Unamortized lease commissions and deferred legal cost, net

  368   464 

Prepaid expenses and other assets

  129   33 

Total assets

 $56,203  $57,027 
         
         

Liabilities

        

Notes payable

 $14,757  $14,920 

Accounts payable and accrued expenses

  1,794   1,483 

Payable due to related party

  -   827 

Accrued interest payable

  -   64 

Tenants' security deposits

  779   827 

Total liabilities

 $17,330  $18,121