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Note 4 - Below-market Leases, Net

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Below Market Lease Intangibles Disclosure [Text Block]

4. Below-Market Leases, Net

The Company’s below-market lease intangibles liabilities are as follows:

		March 31, 2022				December 31, 2021
		(unaudited)
Below-market leases		$	297			$	297
Less accumulated amortization			(253	)			(244	)
Below-market leases, net		$	44			$	53

Rental income included amortization of below-market leases of $9 and $31 for the three months ended March 31, 2022 and 2021, respectively.

Below-market leases as of March 31, 2022, amortize in future years as follows:

2022 Remainder			26
2023			18
Total		$	44

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