XML 56 R45.htm IDEA: XBRL DOCUMENT v3.26.1
Note 9 - Segment Reporting - Segment Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Total revenues $ 38,575   $ 39,036   $ 76,690 $ 78,434  
Total revenues 1,220,738       1,220,738   $ 1,234,319
Capital expenditures 2,811   10,468   5,212 21,749  
Property operating expenses 9,272   9,561   19,602 19,672  
Real estate taxes and insurance 7,429   7,518   15,126 15,145  
General and administrative 4,253   3,819   8,360 7,644  
Depreciation and amortization 8,023   7,314   16,002 14,950  
Transaction pursuit costs 0   (10)   0 (10)  
Total operating expenses 28,977   28,202   59,090 91,181  
Litigation Settlement and other (209)   (26)   (3,809) (26)  
Loss on impairment of long lived assets 0   0   0 33,780  
Income from operations 9,389   10,808   13,791 (12,773)  
Interest Expense (15,654)   (11,479)   (31,200) (23,001)  
Income from operations 9,389   10,808   13,791 (12,773)  
Net Loss (6,265) $ (11,144) (1,356) $ (35,103) (17,409) (36,459)  
Gain (Loss) on Disposition of Assets 0   (685)   0 (685)  
Loss on disposal of long-lived asset 0   (685)   0 (685)  
Commercial Segment [Member]              
Total revenues 6,353   9,982   12,564 20,190  
Total revenues 302,418       302,418   307,926
Capital expenditures 120   788   238 1,422  
Property operating expenses 962   1,333   2,171 2,692  
Real estate taxes and insurance 3,113   2,919   6,238 5,882  
General and administrative 954   718   1,821 1,412  
Depreciation and amortization 1,575   1,521   3,150 3,048  
Transaction pursuit costs     (1)   0 (1)  
Total operating expenses 6,604   6,490   13,380 13,033  
Litigation Settlement and other 0   0   0 0  
Loss on impairment of long lived assets           0  
Income from operations (251)   3,492   (816) 7,157  
Interest Expense (4,178)   (2,541)   (8,319) (5,033)  
Income from operations (251)   3,492   (816) 7,157  
Net Loss (4,429)   951   (9,135) 2,124  
Gain (Loss) on Disposition of Assets     0   0 0  
Loss on disposal of long-lived asset     0   0 0  
Residential Segment [Member]              
Total revenues 32,222   29,054   64,126 58,244  
Total revenues 918,320       918,320   $ 926,393
Capital expenditures 2,691   9,680   4,974 20,327  
Property operating expenses 8,310   8,228   17,431 16,980  
Real estate taxes and insurance 4,316   4,599   8,888 9,263  
General and administrative 3,299   3,101   6,539 6,232  
Depreciation and amortization 6,448   5,793   12,852 11,902  
Transaction pursuit costs     (9)   0 (9)  
Total operating expenses 22,373   21,712   45,710 78,148  
Litigation Settlement and other (209)   (26)   (3,809) (26)  
Loss on impairment of long lived assets           33,780  
Income from operations 9,640   7,316   14,607 (19,930)  
Interest Expense (11,476)   (8,938)   (22,881) (17,968)  
Income from operations 9,640   7,316   14,607 (19,930)  
Net Loss (1,836)   (2,307)   (8,274) (38,583)  
Gain (Loss) on Disposition of Assets     (685)   0 (685)  
Loss on disposal of long-lived asset     (685)   0 (685)  
Rental Income [Member]              
Total revenues 38,575   39,036   76,690 78,434  
Rental Income [Member] | Commercial Segment [Member]              
Total revenues 6,353   9,982   12,564 20,190  
Rental Income [Member] | Residential Segment [Member]              
Total revenues $ 32,222   $ 29,054   $ 64,126 $ 58,244