XML 48 R34.htm IDEA: XBRL DOCUMENT
v3.25.4

Note 7 - Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Notes Tables |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
| For the year ended |
| December 31, 2025 |
Book income before income taxes | $ | 15,313 |  |  |
REIT income not subject to income taxes |  | (15,152 | ) |  |
Book income before income taxes of the TRS | $ | 161 |  |  |
Statutory rate of 21% |  | 34 |  | 21 | %
Effect of state and local income taxes, net of federal tax benefit (a) |  | 10 |  | 6 | %
Permanent adjustments |  | 24 |  | 15 | %
Change in valuation allowance |  | (55 | ) | -35 | %
Valuation allowance release |  | — |  | — | %
Other |  | (13 | ) | -8 | %
Total income tax (benefit) expense | $ | — |  | — | %
|  | For the year ended |
|  | December 31, |
|  | 2024 |  |  | 2023 |
Book income (loss) before income taxes of the TRS |  | $ | 2,905 |  |  | $ | (7,309 | )
Statutory rate of 21% |  | $ | 610 |  |  | $ | (1,535 | )
Effect of state and local income taxes, net of federal tax benefit |  |  | — |  |  |  | (245 | )
Permanent adjustments |  |  | 21 |  |  |  | 13 |
Change in valuation allowance |  |  | (1,051 | ) |  |  | 1,579 |
Valuation allowance release |  |  | — |  |  |  | — |
Other |  |  | 420 |  |  |  | 188 |
Total income tax (benefit) expense |  | $ | — |  |  | $ | — |
Effective tax rate |  |  | — | % |  |  | — | %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | For the year ended |
|  | December 31, |
|  | 2025 |  |  | 2024 |
Gross deferred tax assets: |  |  |  |  |  |  |  |
Allowance for doubtful accounts |  | $ | 101 |  |  | $ | 74 |
Accrued compensation |  |  | 430 |  |  |  | 375 |
Net operating loss |  |  | 18,873 |  |  |  | 18,893 |
Gross deferred tax assets |  | $ | 19,404 |  |  | $ | 19,342 |
Less: Valuation Allowance |  | $ | (19,404 | ) |  | $ | (19,342 | )
Total deferred tax assets net of valuation allowance |  | $ | — |  |  | $ | — |
Gross deferred tax liabilities: |  |  |  |  |  |  |  |
Total book/tax difference in partnership |  | $ | — |  |  | $ | — |
Gross deferred tax liabilities: |  | $ | — |  |  | $ | — |
Net, deferred tax assets: |  | $ | — |  |  | $ | — |

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration