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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Summary of Significant Accounting Policies [Abstract]  
Summary of Useful Lives of Property, Plant and Equipment

Buildings

40

Building improvements

7 - 40

Furniture, fixtures and equipment

5 - 7

Leasehold improvements

Shorter of useful life or term of lease

Schedule of Changes in Shares Outstanding

For the Year Ended December 31,

2025

2024

2023

Common Stock (shares)

Beginning Shares

17,062,777 

16,904,323 

16,930,979 

Shares Issued - stock options

-

167 

53,731 

Shares Issued - DRIP

169,762 

108,287 

77,797 

Restricted Stock Grants

43,773 

50,000 

108,569 

Restricted Stock Forfeitures

(2,100)

-

-

Treasury Stock Purchased

-

-

(266,753)

Ending Shares

17,274,212 

17,062,777 

16,904,323 

For the Year Ended December 31,

2025

2024

2023

Preferred Stock (shares)

Beginning Shares

2,496 

2,528 

2,124 

Shares Issued - Series J

-

472 

1,527 

Shares Issued - Series K

52 

497 

-

Shares Redeemed - Series H

-

-

(1,123)

Shares Redeemed - Series I

-

(1,001)

-

Ending Shares

2,548 

2,496 

2,528 

Schedule of Earnings per Share, Basic and Diluted

For the Year Ended December 31,

2025

2024

2023

Net Income

Shares

Per Share

Net Income

Shares

Per Share

Net Income

Shares

Per Share

(Numerator)

(Denominator)

Amount

(Numerator)

(Denominator)

Amount

(Numerator)

(Denominator)

Amount

(In Thousands, Except per share data)

Net (loss) income

$

(12,527)

$

18,623

$

29,483

Basic earnings per share-

(Loss) Income available to

Common stockholders

$

(14,456)

17,186

$

(0.84)

$

16,791

17,007

$

0.99

$

28,781

16,870

$

1.71

Effect of dilutive securities:

Stock options

-

11

62

Diluted earnings per share-

Income available to

Common stockholders

$

(14,456)

17,186

$

(0.84)

$

16,791

17,018

$

0.99

$

28,781

16,932

$

1.70