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Note 3 - Deferred Costs and Intangible Assets | 6 Months Ended
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Jun. 30, 2026
Notes to Financial Statements |
Deferred Costs and Intangible Assets Disclosure [Text Block] | 3. Deferred Costs and Intangible Assets Deferred costs and intangible assets consist of the following:
|  | June 30, 2026 |  |  | December 31, 2025 |
Deferred costs |  | $ | 348 |  |  | $ | 348 |
Lease origination costs |  |  | 1,977 |  |  |  | 1,842 |
In-place leases |  |  | 428 |  |  |  | 428 |
Real estate tax abatements |  |  | 9,143 |  |  |  | 9,143 |
Total deferred costs and intangible assets |  |  | 11,896 |  |  |  | 11,761 |
Less accumulated amortization |  |  | (6,744 | ) |  |  | (6,435 | )
Total deferred costs and intangible assets, net |  | $ | 5,152 |  |  | $ | 5,326 |
Amortization of deferred costs, lease origination costs and in-place lease intangible assets was $34 and $25 for the three months ended June 30, 2026 and 2025, respectively, and $68 and $51 for the six months ended June 30, 2026 and 2025, respectively; Amortization of real estate tax abatements of $121 and $121 for the three months ended June 30, 2026 and 2025, respectively, and $241 and $241 for the six months ended June 30, 2026 and 2025, is included in real estate taxes and insurance in the consolidated statements of operations. Deferred costs and intangible assets as of June 30, 2026, amortize in future years as follows:
2026 |  | $ | 312 |
2027 |  |  | 619 |
2028 |  |  | 602 |
2029 |  |  | 573 |
2030 |  |  | 540 |
Thereafter |  |  | 2,506 |
Total |  | $ | 5,152 |

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