v3.25.2
Mortgages Payable and Line of Credit - Schedule of Principal Amounts (Details)
$ in Thousands
Jul. 31, 2025
USD ($)
Schedule of Principal Amounts [Abstract]  
2025 $ 7,198
2026 60,770 [1]
2027 9,655
2028 24,521
2029 $ 26,505
[1] The loan on the Preakness shopping center located in Wayne, New Jersey in the amount of $25 million, which had a maturity date of August 1, 2025. Wayne PSC, LLC is working with the current lender of this loan, ConnectOne Bank on a modification and extension of this loan for five (5) years with a potential pay down of approximately $5 million. While the bank is completing its due diligence around this modification and extension, the bank has extended this loan for a 90-day period from a maturity date of August 1, 2025 to a maturity date of November 1, 2025 under the same terms and conditions of the existing loan agreement. Management expects this loan to be further extended, however, until such time as a definitive agreement providing for a modification and extension of this loan is entered into, there can be no assurance this loan will be modified and extended.