v3.25.2
Note 6 - Variable Interest Entity - Schedule of Variable Interest Entities (Details) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Property $ 57,281 $ 57,027
Accumulated depreciation (9,797) (8,754)
Total real estate assets 47,484 48,273
Cash and cash equivalents 5,302 5,206
Escrows and utility deposits 1,928 1,243
Tenant receivables and other receivables 950 1,260
Unamortized lease commissions and deferred legal cost, net 368 464
Prepaid expenses and other assets 133 126
Total assets 56,429 57,583
Interest Payable 136 185
Tenants' security deposits 779 827
Total liabilities 18,342 18,667
Nonrelated Party [Member]    
Tenant receivables and other receivables 950 1,260
Accounts payable and accrued expenses 2,472 1,691
Related Party [Member]    
Tenant receivables and other receivables 264 1,011
Accounts payable and accrued expenses 0 846
Interest Payable 103 92
Variable Interest Entity, Primary Beneficiary [Member]    
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
Unamortized lease commissions and deferred legal cost, net 368 464
Prepaid expenses and other assets 129 33
Total assets 56,203 57,027
Notes Payable 14,757 14,920
Interest Payable 0 64
Tenants' security deposits 779 827
Total liabilities 17,330 18,121
Variable Interest Entity, Primary Beneficiary [Member] | Nonrelated Party [Member]    
Tenant receivables and other receivables 952 1,104
Accounts payable and accrued expenses 1,794 1,483
Variable Interest Entity, Primary Beneficiary [Member] | Related Party [Member]    
Tenant receivables and other receivables [1] 263 1,011
Accounts payable and accrued expenses $ 0 $ 827
[1] Excludes approximately $0.03 million in accounts receivable due from Pillarstone that was eliminated in consolidation as of June 30, 2022 and December 31, 2021.