v3.26.1
Note 6 - Debt - Principal Balances on Notes Payable (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Long-Term Debt $ 189,094  
Notes Payable [Member]    
Less unamortized loan issuance costs (4,684) $ (5,424)
Less discount on notes payable (9,518) (11,112)
Long-Term Debt $ 174,892 181,771
Notes Payable [Member] | St Louis Cardinal Lot DST LLC [Member]    
Interest rate 5.25%  
Debt Instrument, Maturity Date Jun. 06, 2027  
Debt balance $ 6,000 6,000
Notes Payable [Member] | Mabley Place Garage LLC [Member]    
Interest rate [1] 6.89%  
Debt Instrument, Maturity Date [1] Dec. 04, 2027  
Debt balance [1] $ 11,651 11,791
Notes Payable [Member] | Keybank Loan Pool 2027 [Member]    
Interest rate [2],[3] 7.94%  
Debt Instrument, Maturity Date [3] Mar. 01, 2029  
Debt balance [3] $ 5,732 5,767
Notes Payable [Member] | Series 2025-1 Class A-2 Notes [Member]    
Interest rate [4] 4.15%  
Debt Instrument, Maturity Date [4] Oct. 30, 2030  
Debt balance [4] $ 98,400 99,600
Notes Payable [Member] | CMBS Loan 2034 [Member]    
Interest rate [5] 7.76%  
Debt Instrument, Maturity Date [5] Dec. 06, 2034  
Debt balance [5] $ 66,740 75,149
Notes Payable [Member] | Mabley LOC [Member]    
Debt Instrument, Maturity Date [6] Nov. 10, 2031  
Debt balance [6] $ 571 $ 0
[1] As mentioned below, we entered into an interest rate swap agreement effective March 2025 on the Mabley Place Garage, LLC loan. The interest rate is SOFR plus a spread of 3.25% and the swap provides for a fixed overall rate of 7.29%.
[2] 2027 KeyBank Loan Pool is secured by the following properties: St. Paul Holiday Garage, LLC, MVP St. Louis Washington, Cleveland Lincoln Garage, LLC, MVP Denver Sherman, LLC, MVP Milwaukee Arena Lot, LLC and MVP Denver 1935 Sherman, LLC.
[3] 2029 KeyBank Loan Pool is secured by MVP Memphis Poplar, LLC and MVP St. Louis, LLC.
[4] In October 2025, we entered into an asset-backed securitization of 19 properties in our portfolio priced at 88.30% of the principal amount of $100 million (the “Series 2025-1 Class A-2 Notes”).
[5] 2034 CMBS Loan is secured by the following properties: 1W7 Carpark, LLC, 222 W 7th Holdco, LLC, 222 Sheridan Bricktown Garage, LLC, 322 Streeter Holdco, LLC, Denver 1725 Champa Street Garage, LLC, and MVP Indianapolis City Park Garage, LLC.
[6] The interest rate on the Mabley LOC, as defined below, is SOFR plus a spread of 2.75%, subject to a 4.0% floor. The interest rate was 6.38% as of June 30, 2026.