v3.26.1
EARNINGS (LOSS) PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Net income $ 554 $ 6,493
Net loss (income) attributable to noncontrolling interest in Operating Partnership (484) 475
Preferred stock dividends (3,202) (3,688)
Loss on repurchases of preferred stock (6) 0
Class X OP Unit distributions (949) 0
Net (loss) income available to common stockholders used in basic net (loss) income per share (3,119) 2,330
Net (loss) income available to common stockholders and noncontrolling interests used in diluted net (loss) income per share/unit $ (3,603) $ 2,805
Weighted average shares of Common Stock outstanding - basic (in shares) 10,144,791 9,293,103
Class C OP Units (in shares) 1,532,047 1,895,871
Weighted average shares and units outstanding - diluted (in shares) 11,676,838 11,188,974
Earnings (loss) per share attributable to common stockholders:    
Basic (in usd per share) $ (0.31) $ 0.25
Earnings (loss) per share attributable to common stockholders and Class C OP Units:    
Diluted (in usd per share) $ (0.31) $ 0.25
Securities excluded from the computation of earnings per share (in shares) 803,715  
Class X OP Units    
Earnings (loss) per share attributable to common stockholders and Class C OP Units:    
Grants (in shares) 895,043