v3.26.3
Note 9 - Segment Reporting - Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Jun. 30, 2026
Mar. 31, 2026
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
Total revenues $ 40,484     $ 37,698     $ 117,174 $ 116,132  
Total revenues 1,216,640           1,216,640   $ 1,234,319
Capital expenditures 2,832     4,659     8,043 26,408  
Property operating expenses 9,665     9,215     29,267 28,887  
Real estate taxes and insurance 8,400     7,894     23,526 23,039  
General and administrative 4,376     3,697     12,736 11,341  
Depreciation and amortization 8,112     7,997     24,114 22,947  
Transaction pursuit costs 0     10     0 0  
Total operating expenses 30,553     28,813     89,643 119,994  
Litigation Settlement, Fee Expense (50)     0     (3,859) (26)  
Loss on impairment of long lived assets 0     0     0 33,780  
Income (Loss) from operations 9,881     8,885     23,672 (3,888)  
Income from operations 9,881     8,885     23,672 (3,888)  
Interest Expense (15,793)     (13,320)     (46,993) (36,321)  
Loss on disposal of long-lived asset 0     (172)     0 (857)  
Net Loss (5,912) $ (6,265) $ (11,144) (4,607) $ (1,356) $ (35,103) (23,321) (41,066)  
Gain (Loss) on Disposition of Assets 0     (172)     0 (857)  
Commercial Segment [Member]                  
Total revenues 6,520     7,925     19,084 28,115  
Total revenues 301,639           301,639   307,926
Capital expenditures 105     374     342 1,796  
Property operating expenses 1,033     1,014     3,204 3,706  
Real estate taxes and insurance 3,379     3,097     9,617 8,979  
General and administrative 1,000     698     2,821 2,110  
Depreciation and amortization 1,578     1,566     4,728 4,614  
Transaction pursuit costs       1       0  
Total operating expenses 6,990     6,376     20,370 19,409  
Litigation Settlement, Fee Expense       0     0 0  
Loss on impairment of long lived assets               0  
Income (Loss) from operations (470)     1,549     (1,286) 8,706  
Income from operations (470)     1,549     (1,286) 8,706  
Interest Expense (4,182)     (2,668)     (12,501) (7,701)  
Loss on disposal of long-lived asset       0     0 0  
Net Loss (4,652)     (1,119)     (13,787) 1,005  
Gain (Loss) on Disposition of Assets       0     0 0  
Residential Segment [Member]                  
Total revenues 33,964     29,773     98,090 88,017  
Total revenues 915,001           915,001   $ 926,393
Capital expenditures 2,727     4,285     7,701 24,612  
Property operating expenses 8,632     8,201     26,063 25,181  
Real estate taxes and insurance 5,021     4,797     13,909 14,060  
General and administrative 3,376     2,999     9,915 9,231  
Depreciation and amortization 6,534     6,431     19,386 18,333  
Transaction pursuit costs       9       0  
Total operating expenses 23,563     22,437     69,273 100,585  
Litigation Settlement, Fee Expense (50)     0     (3,859) (26)  
Loss on impairment of long lived assets               33,780  
Income (Loss) from operations 10,351     7,336     24,958 (12,594)  
Income from operations 10,351     7,336     24,958 (12,594)  
Interest Expense (11,611)     (10,652)     (34,492) (28,620)  
Loss on disposal of long-lived asset       (172)     0 (857)  
Net Loss (1,260)     (3,488)     (9,534) (42,071)  
Gain (Loss) on Disposition of Assets       (172)     0 (857)  
Rental Income [Member]                  
Total revenues 40,484     37,698     117,174 116,132  
Rental Income [Member] | Commercial Segment [Member]                  
Total revenues 6,520     7,925     19,084 28,115  
Rental Income [Member] | Residential Segment [Member]                  
Total revenues $ 33,964     $ 29,773     $ 98,090 $ 88,017