v3.26.1
Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (5,972) $ (5,270)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 5,821 5,840
Amortization of market leases 5 1
Amortization of debt discounts and financing costs 268 306
Straight-line rental income (477) (533)
Non-cash stock-based compensation expense 130 570
Changes in assets and liabilities:    
Accounts and rents receivable, net 267 (91)
Deferred costs and other assets, net (72) (1,400)
Accounts payable and accrued expenses 1,503 1,057
Other liabilities (200) (106)
Net cash flows provided by operating activities 1,273 374
Cash flows from investing activities:    
Capital expenditures and tenant improvements (502) (8,007)
Payment of leasing fees (78) (353)
Net cash flows used in investing activities (580) (8,360)
Cash flows from financing activities:    
Payment of debt issuance costs (374) (44)
Proceeds from debt 25,000 0
Repurchase of shares 0 (1,903)
Principal payments of debt (509) (487)
Payment for tax withholding for share-based compensation 0 (216)
Net cash flows provided by (used in) financing activities 24,117 (2,650)
Net increase (decrease) in cash and cash equivalents and restricted cash and escrows 24,810 (10,636)
Cash and cash equivalents and restricted cash and escrows, at beginning of period 21,738 34,228
Cash and cash equivalents and restricted cash and escrows, at end of period 46,548 23,592
Restricted Cash [Abstract]    
Cash and cash equivalents 44,514 21,006
Restricted cash 2,034 2,586
Total cash, cash equivalents and restricted cash 46,548 23,592
Supplemental disclosure of cash flows information:    
Cash paid for interest 3,378 3,326
Supplemental schedule of non-cash investing and financing activities:    
Non-cash accruals for capital expenditures and tenant improvements $ 0 $ 850