XML 60 R50.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Note 11 - Stockholders' Equity (Details Textual)
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 24, 2024
USD ($)
$ / shares
shares
Jul. 12, 2021
$ / shares
shares
Jun. 17, 2021
USD ($)
shares
Jun. 17, 2021
USD ($)
shares
Jun. 15, 2021
USD ($)
$ / shares
shares
Jun. 30, 2024
USD ($)
$ / shares
shares
Jun. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
$ / shares
shares
Jun. 30, 2023
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
$ / shares
shares
Dec. 01, 2023
USD ($)
Sep. 15, 2022
USD ($)
Aug. 31, 2021
$ / shares
shares
Preferred Stock, Shares Authorized (in shares)           1,000,000   1,000,000          
Proceeds from Issuance of Preferred Stock and Preference Stock | $               $ 1,195,855 $ 0        
Maximum Individual Common Stock Ownership, Percentage           9.80%   9.80%          
Number of Limited Partnerships in which Company is Sole General Partner           5              
Commercial Property [Member]                          
Number of Real Estate Properties           12   12          
Commercial Property [Member] | Partially Owned Properties [Member]                          
Number of Real Estate Properties           2   2          
Class A Common Stock and Accompanying Common Stock Warrants [Member]                          
Shares Issued, Price Per Share (in dollars per share) | $ / shares   $ 5                      
Class A Common Stock and Accompanying Pre-funded Warrants [Member]                          
Shares Issued, Price Per Share (in dollars per share) | $ / shares   $ 4.99                      
Common Stock Warrants [Member]                          
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)   2,000,000                      
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares   $ 5.5                      
Warrants and Rights Outstanding, Term (Year)   5 years                      
Pre-funded Warrants [Member]                          
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)   1,000,000                      
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares   $ 0.01                      
Placement Agent Warrants [Member]                          
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)                         80,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares                         $ 6.25
Warrants and Rights Outstanding, Term (Year)                         5 years
Class of Warrant or Right, Securities Called By Warrants or Rights, Percentage of Class of Stock                         4.00%
Common Stock Warrants and Placement Agent Warrants [Member]                          
Class of Warrant or Right, Exercised During Period (in shares)               0          
Underwritten Public Offering [Member] | The Benchmark Company, LLC [Member]                          
Stock Issued During Period, Shares, New Issues (in shares) 109,054                        
Shares Issued, Price Per Share (in dollars per share) | $ / shares $ 16                        
Equity Offering, Underwriting Discount, Percentage 7.00%                        
Stock Issued During Period, Value, New Issues | $ $ 1,740,000                        
Series D Preferred Stock [Member]                          
Preferred Stock, Shares Authorized (in shares)           1,000,000   1,000,000   1,000,000      
Stock Issued During Period, Shares, New Issues (in shares)     920,000   800,000                
Shares Issued, Price Per Share (in dollars per share) | $ / shares         $ 25                
Proceeds from Issuance of Preferred Stock and Preference Stock | $     $ 20,500,000   $ 18,100,000                
Stock Issued During Period, Value, New Issues | $           $ 1,195,855              
Preferred Stock, Dividend Rate, Percentage               9.375%          
Preferred Stock, Liquidation Preference Per Share (in dollars per share) | $ / shares           $ 25   $ 25   $ 25      
Preferred Stock, Dividend Rate, Per-Dollar-Amount (in dollars per share) | $ / shares               $ 2.34375          
Preferred Stock, Number of Board of Directors Entitled to Vote if Dividends not Paid for 18 Monthly Dividend Periods           2   2          
Preferred Stock, Percentage of Outstanding Shares Required to Authorize Senior Ranking Stock           66.67%   66.67%          
Preferred Stock, Redemption Price Per Share (in dollars per share) | $ / shares           $ 25   $ 25          
Preferred Stock, Dividends Per Share, Declared (in dollars per share) | $ / shares               $ 1.17186 $ 1.17186        
Payments of Dividends | $           $ 500,000 $ 500,000 $ 1,100,000 $ 1,100,000        
Stock Repurchase Program, Authorized Amount | $                     $ 4,000,000 $ 4,000,000  
Stock Repurchased During Period, Shares (in shares)               10,446   23,041      
Stock Repurchased, Average Cost Per Share (in dollars per share) | $ / shares               $ 0.73   $ 16.06      
Stock Repurchased, Commission Per Share (in dollars per share) | $ / shares                   $ 0.035      
Stock Repurchased During Period, Value | $               $ 7,613   $ 400,000      
Series D Preferred Stock [Member] | O 2024 H2 Dividends [Member]                          
Preferred Stock, Dividends Per Share, Declared (in dollars per share) | $ / shares               $ 0.19531          
Series D Preferred Stock [Member] | Over-Allotment Option [Member]                          
Stock Issued During Period, Shares, New Issues (in shares)       120,000                  
Proceeds from Issuance of Preferred Stock and Preference Stock | $       $ 2,700,000                  
Option to Purchase Additional Shares, Period (Day)         45 days                
Common Class A [Member]                          
Stock Issued During Period, Shares, New Issues (in shares)   1,000,000                      
Common Stock, Shares Authorized (in shares)           100,000,000   100,000,000   100,000,000      
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares           $ 0.01   $ 0.01   $ 0.01      
Common Stock, Shares, Issued (in shares)           12,418,693   12,418,693   12,265,061      
Stock Repurchase Program, Authorized Amount | $                     $ 6,000,000 $ 6,000,000  
Common Class B [Member]                          
Common Stock, Shares Authorized (in shares)           1,000   1,000          
Common Stock, Shares, Issued (in shares)           0   0          
Common Class C [Member]                          
Common Stock, Shares Authorized (in shares)           9,000,000   9,000,000          
Common Stock, Number of Entitled Votes           1   1          
Series A Common Stock [Member]                          
Payments of Dividends | $           $ 0 $ 300,000 $ 0 $ 600,000