v3.26.1
Note 9 - Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2026
Notes Tables  
Segment Reporting [Table Text Block]

Three months ended March 31, 2026

 

Commercial

   

Residential

   

Total

 

Rental income

  $ 6,211     $ 31,904     $ 38,115  

Total revenues

    6,211       31,904       38,115  

Property operating expenses

    1,209       9,121       10,330  

Real estate taxes and insurance

    3,125       4,572       7,697  

General and administrative

    867       3,240       4,107  

Depreciation and amortization

    1,575       6,404       7,979  

Total operating expenses

    6,776       23,337       30,113  

Litigation Settlement and other

    -       (3,600 )     (3,600 )

Income (Loss) from operations

  $ (565 )   $ 4,967     $ 4,402  

Interest Expense

    (4,141 )     (11,405 )     (15,546 )

Income (Loss)

  $ (4,706 )   $ (6,438 )   $ (11,144 )

Three months ended March 31, 2025

 

Commercial

   

Residential

   

Total

 

Rental income

  $ 10,208     $ 29,190     $ 39,398  

Total revenues

    10,208       29,190       39,398  

Property operating expenses

    1,360       8,751       10,111  

Real estate taxes and insurance

    2,963       4,664       7,627  

General and administrative

    694       3,131       3,825  

Depreciation and amortization

    1,527       6,109       7,636  
Impairment of Long-Lived Assets     -       33,780       33,780  

Total operating expenses

    6,544       56,435       62,979  

Income (Loss) from operations

  $ 3,664     $ (27,245 )   $ (23,581 )

Interest Expense, Net

    (2,492 )     (9,030 )     (11,522 )

Income (Loss)

  $ 1,172     $ (36,275 )   $ (35,103 )
   

Commercial

   

Residential

   

Total

 

March 31, 2026

  $ 305,040     $ 920,956     $ 1,225,996  

December 31, 2025

    307,926     $ 926,393     $ 1,234,319  

Three months ended March 31,

 

Commercial

   

Residential

   

Total

 

2026

  $ 118     $ 2,283     $ 2,402  

2025

    634     $ 10,647     $ 11,281