v3.26.1
Investment Properties - Sale of investment property (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 30, 2026
Feb. 27, 2026
Feb. 13, 2026
Dec. 30, 2025
Oct. 23, 2025
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Real Estate [Line Items]                
Gain on disposal of investment properties           $ 12,850,227    
Revenue                
Total Revenue           2,159,265 $ 2,321,640  
Operating Expenses                
Bad debt expense             1,321  
Depreciation and amortization           488,770 965,211  
Total Operating Expenses           2,341,118 2,864,781  
Loss on extinguishment of debt           372,340    
Operating Income           12,296,034 (552,516)  
Interest expense           456,095 573,016  
Other income           275,815 126,874  
Other expense           (71,627) (28,226)  
Net Income           14,122,769 (1,026,884)  
Less: Net income attributable to Operating Partnership noncontrolling interests           4,928,795 (15,541)  
Net Income (Loss) Attributable to Medalist Common Stockholders           8,966,809 (1,006,826)  
United Rentals Property                
Real Estate [Line Items]                
Proceeds from sale of property       $ 2,792,000        
Gain on disposal of investment properties       57,079        
Buffalo Wild Wings Property                
Real Estate [Line Items]                
Proceeds from sale of property       2,507,500        
Gain on disposal of investment properties       $ 52,760        
Salisbury Marketplace Property                
Real Estate [Line Items]                
Proceeds from sale of property         $ 9,930,000      
Gain on disposal of investment properties               $ 841,278
Greenbrier Business Center Property                
Real Estate [Line Items]                
Gain on disposal of investment properties           4,228,612    
Proceeds from sale of real estate     $ 11,000,000          
Greenbrier Business Center Property | Mortgages payable                
Operating Expenses                
Loss on extinguishment of debt           112,203 0  
Wells Fargo Mortgage Facility                
Operating Expenses                
Interest expense           93,049 208,629  
Wells Fargo Mortgage Facility | Mortgages payable                
Real Estate [Line Items]                
Repayments of long-term debt     $ 7,000,000          
Parkway Property                
Real Estate [Line Items]                
Gain on disposal of investment properties           1,040,870    
Proceeds from sale of real estate   $ 7,825,000            
Parkway Property | Mortgages payable                
Real Estate [Line Items]                
Repayments of long-term debt   $ 4,735,614            
Franklin Square Property                
Real Estate [Line Items]                
Proceeds from sale of property $ 24,100,000              
Gain on disposal of investment properties           7,580,745    
Operating Expenses                
Interest expense           83,419 132,870  
Franklin Square Property | Mortgages payable                
Real Estate [Line Items]                
Repayments of long-term debt $ 12,954,175              
Operating Expenses                
Loss on extinguishment of debt           195,817 0  
Investment Properties Disposed                
Real Estate [Line Items]                
Gain on disposal of investment properties           12,850,227    
Revenue                
Total Revenue           916,376 1,376,888  
Operating Expenses                
Bad debt expense             1,321  
Loss on impairment             53,532  
Depreciation and amortization           59,271 537,967  
Total Operating Expenses           362,921 947,069  
Loss on extinguishment of debt           260,137    
Operating Income           13,143,545 429,819  
Interest expense           (121,264) (203,515)  
Other income           (7,224) 103,529  
Other expense             (28,226)  
Net Income           13,015,057 301,607  
Less: Net income (loss) attributable to Parkway Property noncontrolling interests           183,338 (4,517)  
Less: Net income attributable to Operating Partnership noncontrolling interests           4,956,097 74,387  
Net Income (Loss) Attributable to Medalist Common Stockholders           7,875,622 231,737  
Investment property                
Revenue                
Total Revenue           2,159,265 2,321,640  
Investment property | Investment Properties Disposed                
Revenue                
Total Revenue           916,376 1,376,888  
Operating Expenses                
operating expenses           $ 303,650 $ 354,249