v3.26.1
Investment Properties - Sale of investment property (Details) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 24, 2026
Mar. 30, 2026
Feb. 27, 2026
Feb. 13, 2026
Dec. 30, 2025
Oct. 23, 2025
Jun. 30, 2026
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Real Estate [Line Items]                        
(Loss) gain on disposal of investment properties               $ (65,207)   $ 12,785,020    
Revenue                        
Total Revenue               1,808,422 $ 2,465,173 3,967,687 $ 4,786,813  
Operating Expenses                        
Bad debt expense               12,991   12,991 1,321  
Loss on impairment                   247,367    
Impairment of assets held for sale               465,327   465,327    
Depreciation and amortization               330,677 933,292 819,447 1,898,503  
Total Operating Expenses               2,137,232 2,196,601 4,478,350 5,123,597  
Loss on extinguishment of debt                 27,066 372,340 27,066  
Operating Income               (394,017) 241,506 11,902,017 (373,225)  
Interest expense               297,732 558,840 753,827 1,131,856  
Other income               548,404 7,161 824,219 134,035  
Other expense               (60,388) (20,990) (132,015) (49,216)  
Net Income               (206,121) (331,163) 13,916,648 (1,420,262)  
Less: Net income attributable to Operating Partnership noncontrolling interests               132,920 126,807 5,061,715 111,266  
Net (Loss) Income Attributable to Medalist Common Stockholders               (418,684) (456,444) 8,548,125 (1,525,485)  
Parkway Property                        
Operating Expenses                        
Less: Net income (loss) attributable to noncontrolling interests               1,652 (1,526) 184,990 (6,043)  
DST Entities                        
Operating Expenses                        
Less: Net income (loss) attributable to noncontrolling interests               77,991   121,818    
United Rentals Property                        
Real Estate [Line Items]                        
Proceeds from sale of property         $ 2,792,000              
(Loss) gain on disposal of investment properties         (57,079)              
Buffalo Wild Wings Property                        
Real Estate [Line Items]                        
Proceeds from sale of property         2,507,500              
(Loss) gain on disposal of investment properties         $ (52,760)              
Hanover Square Property                        
Operating Expenses                        
Loss on impairment               247,367   247,367   $ 0
Salisbury Marketplace Property                        
Real Estate [Line Items]                        
Proceeds from sale of property           $ 9,930,000            
(Loss) gain on disposal of investment properties                       $ 841,278
Greenbrier Business Center Property                        
Real Estate [Line Items]                        
(Loss) gain on disposal of investment properties                   4,213,586    
Payment for a tenant                   15,026    
Proceeds from sale of real estate       $ 11,000,000                
Greenbrier Business Center Property | Mortgages payable                        
Operating Expenses                        
Loss on extinguishment of debt                   112,203 0  
Wells Fargo Mortgage Facility                        
Operating Expenses                        
Interest expense                 209,520 149,640 418,149  
Wells Fargo Mortgage Facility | Mortgages payable                        
Real Estate [Line Items]                        
Repayments of long-term debt       $ 7,000,000                
Parkway Property                        
Real Estate [Line Items]                        
(Loss) gain on disposal of investment properties                   1,040,870    
Proceeds from sale of real estate     $ 7,825,000                  
Parkway Property | Mortgages payable                        
Real Estate [Line Items]                        
Repayments of long-term debt     $ 4,735,614                  
Franklin Square Property                        
Real Estate [Line Items]                        
Proceeds from sale of property   $ 24,100,000                    
(Loss) gain on disposal of investment properties                   7,580,745    
Operating Expenses                        
Interest expense                 133,696 83,419 266,566  
Franklin Square Property | Mortgages payable                        
Real Estate [Line Items]                        
Repayments of long-term debt   $ 12,954,175                    
Operating Expenses                        
Loss on extinguishment of debt                   195,817 0  
Investment Properties Disposed                        
Real Estate [Line Items]                        
(Loss) gain on disposal of investment properties               65,207   (12,785,020)    
Revenue                        
Total Revenue               353,012 1,564,183 1,572,062 2,978,768  
Operating Expenses                        
Bad debt expense               12,991   12,991 1,321  
Loss on impairment                     53,532  
Impairment of assets held for sale               217,960   217,960    
Depreciation and amortization               6,728 500,527 86,177 1,078,851  
Total Operating Expenses               317,655 832,134 700,864 1,819,560  
Loss on extinguishment of debt                   (260,137)    
Operating Income               (29,850) 732,049 13,396,081 1,159,208  
Interest expense               (97,446) (198,066) (315,085) (401,581)  
Other income               69,501   96,718 103,529  
Other expense                 (20,990)   (49,216)  
Net Income               (57,795) 512,993 13,177,714 811,940  
Less: Net income attributable to Operating Partnership noncontrolling interests               (50,440) 193,287 5,082,007 347,675  
Net (Loss) Income Attributable to Medalist Common Stockholders               (9,007) 321,232 8,094,055 465,791  
Investment Properties Disposed | Parkway Property                        
Operating Expenses                        
Less: Net income (loss) attributable to noncontrolling interests               1,652 (1,526) 1,652 (1,526)  
Investment Properties Disposed | DST Entities                        
Operating Expenses                        
Less: Net income (loss) attributable to noncontrolling interests               77,991        
Citibank Property                        
Real Estate [Line Items]                        
Proceeds from sale of property $ 2,150,000                      
(Loss) gain on disposal of investment properties $ (50,181)                      
Operating Expenses                        
Loss on impairment             $ 217,960          
Investment property                        
Revenue                        
Total Revenue               1,342,630 2,465,173 3,501,895 4,786,813  
Investment property | Investment Properties Disposed                        
Revenue                        
Total Revenue               353,012 1,564,183 1,572,062 2,978,768  
Operating Expenses                        
operating expenses               78,895 $ 331,607 382,545 $ 685,856  
DST sponsorship program                        
Revenue                        
Total Revenue               465,792   465,792    
DST sponsorship program | Investment Properties Disposed                        
Operating Expenses                        
operating expenses               $ 1,081   $ 1,191