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Note 12 - Segments - Operating Income by Segment (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Rental, fees and other income $ 4,484,174     $ 4,391,975     $ 13,149,538 $ 13,285,977
Property and related expenses (1,478,479)     (1,434,225)     (4,452,628) (4,365,781)
General and administrative expenses (1,635,610)     (1,509,139)     (5,413,413) (4,306,835)
Depreciation and amortization (1,351,705)     (1,318,164)     (4,054,109) (3,973,582)
Interest expense (1,375,199)     (1,382,120)     (3,579,381) (3,485,693)
Loss on Conduit marketable securities (17,682,154)     0     (17,682,154) 0
Gain on deconsolidation of SPAC 40,321,483     0     40,321,483 0
Other income, net 254,486     590,586     1,394,687 757,318
Income tax expense (134,620)     (294,996)     (632,147) (819,520)
Gain on sale of real estate 757,285     1,307,258     2,294,574 4,057,527
Net income 22,159,661 $ (204,752) $ (608,459) 351,175 $ 418,046 $ 380,190 21,346,450 1,149,411
Operating Segments [Member]                
Net operating income, as defined 3,005,695     2,957,750     8,696,910 8,920,196
Office/Industrial Properties [Member] | Operating Segments [Member]                
Rental, fees and other income 2,928,103     3,175,608     8,810,167 9,448,747
Property and related expenses (1,303,654)     (1,278,805)     (3,966,587) (3,809,729)
Net operating income, as defined 1,624,449     1,896,803     4,843,580 5,639,018
Model Home Properties [Member] | Operating Segments [Member]                
Rental, fees and other income 1,093,778     718,331     2,970,940 2,125,623
Property and related expenses (44,201)     (23,479)     (121,998) (76,687)
Net operating income, as defined 1,049,577     694,852     2,848,942 2,048,936
Retail Properties [Member] | Operating Segments [Member]                
Rental, fees and other income 457,292     498,038     1,396,160 1,722,723
Property and related expenses (125,623)     (131,943)     (391,772) (490,481)
Net operating income, as defined $ 331,669     $ 366,095     $ 1,004,388 $ 1,232,242