Note 5 - Stock-based Compensation |
12 Months Ended | ||
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Dec. 31, 2025 | |||
| Notes to Financial Statements | |||
| Share-Based Payment Arrangement [Text Block] |
At the 2016 Annual Meeting of Shareholders, our shareholders approved the 2016 Equity Plan ("2016 Plan"). The 2016 Plan provides that awards may be made in common shares of the Company or units in the Company’s operating partnership, which may be converted into common shares. There were 2,086,654 shares available for grant under the 2016 Plan at December 31, 2025. The plan expired on March 23, 2026.
The Company did recognize any stock-based compensation expense for trustee compensation or employee stock-based compensation in the periods ended December 31, 2025 or 2024.
Options. The Company had a single option award outstanding for 667 shares of our Common Stock for $33.75. This option terminated in February 2025.
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