v3.26.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
Common Stock
Additional Paid in Capital
Offering Costs.
Accumulated Deficit
Total Shareholders' Equity
Noncontrolling Interests
Parkway Property
Noncontrolling Interests
DST Entities
Noncontrolling Interests
Operating Partnership
DST Entities
Total
Balance at Dec. 31, 2024 $ 13,453 $ 54,450,272 $ (3,404,055) $ (36,027,063) $ 15,032,607 $ 414,869   $ 5,554,770   $ 21,002,246
Balance (in shares) at Dec. 31, 2024 1,345,260                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Share based compensation $ 184 221,998     222,182     175,000   397,182
Share based compensation (in shares) 18,469                  
Common stock repurchases $ (113) (140,675)     (140,788)         (140,788)
Common stock repurchases (in shares) (11,320)                  
Net (loss) income       (1,525,485) (1,525,485) (6,043)   111,266   (1,420,262)
Dividends and distributions       (179,456) (179,456) (18,000)   (85,113)   (282,569)
Noncontrolling interests               5,765,000   5,765,000
Balance at Jun. 30, 2025 $ 13,524 54,531,595 (3,404,055) (37,732,004) 13,409,060 390,826   11,520,923   25,320,809
Balance (in shares) at Jun. 30, 2025 1,352,409                  
Balance at Dec. 31, 2024 $ 13,453 54,450,272 (3,404,055) (36,027,063) 15,032,607 414,869   5,554,770   21,002,246
Balance (in shares) at Dec. 31, 2024 1,345,260                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Common stock repurchases                   $ (140,788)
Common stock repurchases (in shares)                   (11,320)
Balance at Dec. 31, 2025 $ 11,100 51,957,534 (3,777,793) (38,761,731) 9,429,110 378,105   14,304,707   $ 24,111,922
Balance (in shares) at Dec. 31, 2025 1,110,000                  
Balance at Mar. 31, 2025 $ 13,552 54,565,731 (3,404,055) (37,184,081) 13,991,147 401,352   11,452,747   25,845,246
Balance (in shares) at Mar. 31, 2025 1,355,239                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Common stock repurchases $ (28) (34,136)     (34,164)         (34,164)
Common stock repurchases (in shares) (2,830)                  
Net (loss) income       (456,444) (456,444) (1,526)   126,807   (331,163)
Dividends and distributions       (91,479) (91,479) (9,000)   (58,631)   (159,110)
Balance at Jun. 30, 2025 $ 13,524 54,531,595 (3,404,055) (37,732,004) 13,409,060 390,826   11,520,923   25,320,809
Balance (in shares) at Jun. 30, 2025 1,352,409                  
Balance at Dec. 31, 2025 $ 11,100 51,957,534 (3,777,793) (38,761,731) 9,429,110 378,105   14,304,707   24,111,922
Balance (in shares) at Dec. 31, 2025 1,110,000                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Share based compensation $ 185 224,035     224,220         224,220
Share based compensation (in shares) 18,500                  
Redemption of operating partnership units $ 5,000 5,987,000     5,992,000     (5,992,000)    
Redemption of operating partnership units (in shares) 500,000                  
Offering costs     (4,728)   (4,728)         (4,728)
Net (loss) income       8,548,125 8,548,125 184,990 $ 121,818 5,061,715   13,916,648
Dividends and distributions       (171,348) (171,348) (560,153) (63,170) (129,737)   (924,408)
Tax effect of change in noncontrolling interest   14,410     14,410         14,410
Noncontrolling interests             6,765,000     6,765,000
Impact of deconsolidation of XXV DST             (6,823,648)   $ (6,823,648) (6,823,648)
Balance at Jun. 30, 2026 $ 16,285 58,182,979 (3,782,521) (30,384,954) 24,031,789 2,942   13,244,685   37,279,416
Balance (in shares) at Jun. 30, 2026 1,628,500                  
Balance at Mar. 31, 2026 $ 14,285 55,940,486 (3,782,521) (29,869,847) 22,302,403 8,490 2,136,562 15,438,508   39,885,963
Balance (in shares) at Mar. 31, 2026 1,428,500                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Redemption of operating partnership units $ 2,000 2,270,000     2,272,000     (2,272,000)    
Redemption of operating partnership units (in shares) 200,000                  
Net (loss) income       (418,684) (418,684) 1,652 77,991 132,920   (206,121)
Dividends and distributions       (96,423) (96,423) (7,200) (44,865) (54,743)   (203,231)
Tax effect of change in noncontrolling interest   (27,507)     (27,507)         (27,507)
Noncontrolling interests             4,653,960     4,653,960
Impact of deconsolidation of XXV DST             $ (6,823,648)     (6,823,648)
Balance at Jun. 30, 2026 $ 16,285 $ 58,182,979 $ (3,782,521) $ (30,384,954) $ 24,031,789 $ 2,942   $ 13,244,685   $ 37,279,416
Balance (in shares) at Jun. 30, 2026 1,628,500