v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract    
Net income (loss) $ (1,669) $ 201
Depreciation and amortization 985 990
Amortization of deferred loan costs 15 14
Bad debt 83 39
Deferred tax expense (benefit) (64) 0
Accrued rents and accounts receivable 106 (47)
Receivable due from related party 0 (393)
Escrows and utility deposits (424) (449)
Unamortized lease commissions and deferred legal cost (55) (37)
Prepaid expenses and other assets 253 179
Accounts payable and accrued expenses 141 (193)
Payable due to related party 0 329
Tenants' security deposits 31 (25)
Net cash from operating activities (598) 608
Cash flows from investing activities:    
Additions to real estate (1,082) (700)
Insurance proceeds received for capital loss 253 0
Net cash from investing activities (829) (700)
Cash flows from financing activities:    
Repayments of notes payable (396) (318)
Net cash from financing activities (396) (318)
Net change in cash and cash equivalents (1,823) (410)
Cash and cash equivalents at beginning of period 5,151 5,206
Cash and cash equivalents at end of period 3,328 4,796
Supplemental disclosure of cash flow information:    
Cash paid for interest 424 388
Cash paid for taxes 28 44
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]    
Disposal of fully depreciated real estate 158 326
Financed insurance premium $ 600 $ 311