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Note 2 - Significant Accounting Policies (Details Textual) - USD ($) |  |  | 1 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | --- | --- | --- | --- | ---
Apr. 22, 2024 | Sep. 22, 2023 | Jul. 31, 2024 | Jan. 31, 2023 | Mar. 31, 2024 | Sep. 30, 2023 | Jun. 30, 2023 | Mar. 31, 2023 | Jun. 30, 2024 | Sep. 30, 2024 | Sep. 30, 2023 | Dec. 31, 2024 | Dec. 31, 2023
Amortization of above and below Market Leases |  |  |  |  |  |  |  |  |  |  |  | $ 4,641 | $ 4,974
Amortization of Intangible Assets |  |  |  |  |  |  |  |  |  |  |  | 17,526 | 17,526
Impairment of Real Estate |  |  | $ 700,000 |  |  |  |  |  |  |  |  | $ 1,784,311 | 2,398,097
Impairment, Intangible Asset, Statement of Income or Comprehensive Income [Extensible Enumeration] |  |  |  |  |  |  |  |  |  |  |  | Asset Impairment Charges |
Depreciation, Depletion and Amortization, Nonproduction |  |  |  |  |  |  |  |  |  |  |  | $ 5,515,518 | 5,425,739
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents |  |  |  |  |  |  |  |  |  |  |  | 8,036,496 | 6,510,428
Cash, Uninsured Amount |  |  |  |  |  |  |  |  |  |  |  | 1,000,000 | 700,000
Restricted Cash |  |  |  |  |  |  |  |  |  |  |  | 5,000,000 | 3,700,000
Accounts Receivable, Allowance for Credit Loss |  |  |  |  |  |  |  |  |  |  |  | 0 | 91,718
Deferred Costs |  |  |  |  |  |  |  |  |  |  |  | 1,700,000 |
Operating Lease, Initial Direct Cost Expense, over Term |  |  |  |  |  |  |  |  |  |  |  | 500,000 | 500,000
Amortization of Debt Issuance Costs |  |  |  |  |  |  |  |  |  |  |  | 351,291 | 345,880
Deferred Offering Costs |  |  |  |  |  |  |  |  |  |  |  | $ 0 | 5,000
Percentage of Distributed Taxable Income to Qualify as REIT |  |  |  |  |  |  |  |  |  |  |  | 90.00% |
Marketable Securities |  |  |  |  |  |  |  |  |  |  |  | $ 0 | 45,149
Marketable Securities, Cost Basis |  |  |  |  |  |  |  |  |  |  |  |  | 40,315
Liabilities, Fair Value Disclosure |  |  |  |  |  |  |  |  |  |  |  | 0 | 0
Equity Securities, FV-NI |  |  |  |  |  |  |  |  |  |  |  | $ 206,177 | $ 18,318,521
Earnings Per Share, Basic (in dollars per share) |  |  |  |  |  |  |  |  |  |  |  | $ (2.25) | $ 0.68
Excise Tax Liability on Spac Redemptions, Percentage |  |  |  | 1.00% |  |  |  |  |  |  |  |  |
Excise Tax Liability on Spac Redemptions, Amount |  |  |  | $ 1,140,683 |  |  |  |  |  |  |  |  |
Accounts Payable and Accrued Liabilities |  |  |  |  |  |  |  |  |  |  |  | $ 3,290,170 | $ 4,770,845
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition |  |  |  |  |  |  |  |  |  |  |  | 1,379,080 | 56,867
Payments of Debt Issuance Costs |  |  |  |  |  |  |  |  |  |  |  | 335,724 | 246,557
Net Cash Provided by (Used in) Financing Activities |  |  |  |  |  |  |  |  |  |  |  | (10,612,691) | (132,053,423)
Net Cash Provided by (Used in) Operating Activities |  |  |  |  |  |  |  |  |  |  |  | (728,060) | 1,448,573
Net Cash Provided by (Used in) Investing Activities |  |  |  |  |  |  |  |  |  |  |  | 12,866,819 | 120,598,553
Capital Expenditures Incurred but Not yet Paid |  |  |  |  |  |  |  |  |  |  |  | 1,200,000 |
Operating Lease, Lease Income |  |  |  |  |  |  |  |  |  |  |  | 18,523,813 | 17,392,397
Revision of Prior Period, Error Correction, Adjustment [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts Payable and Accrued Liabilities |  |  |  |  |  |  |  |  |  |  |  |  | (21,189)
Additional Paid in Capital |  |  |  |  |  |  |  |  |  |  |  |  | 21,189
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition |  |  |  |  | $ 317,077 | $ 270,564 | $ 228,657 | $ 232,106 |  |  |  |  |
Revision of Prior Period, Adjustment [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Payments of Debt Issuance Costs |  |  |  |  |  |  |  |  |  |  |  |  | 246,557
Net Cash Provided by (Used in) Financing Activities |  |  |  |  |  |  |  |  |  |  |  |  | (246,557)
Net Cash Provided by (Used in) Operating Activities |  |  |  |  |  |  |  |  |  |  | $ (850,918) |  | (49,010)
Net Cash Provided by (Used in) Investing Activities |  |  |  |  |  |  |  |  |  |  | 850,918 |  |
Capital Expenditures Incurred but Not yet Paid |  |  |  |  | $ 48,207 |  |  |  | $ 204,054 |  |  |  |
Operating Lease, Lease Income |  |  |  |  |  |  |  |  |  |  |  | 757,704 | $ 649,166
Previously Reported [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Net Cash Provided by (Used in) Operating Activities |  |  |  |  |  |  |  |  |  |  | 488,137 |  |
Net Cash Provided by (Used in) Investing Activities |  |  |  |  |  |  |  |  |  |  | 128,168,785 |  |
Common Class A [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Stock Redeemed or Called During Period, Shares (in shares) |  |  |  |  |  |  |  |  |  |  |  |  | 11,037,272
Stock Redeemed or Called During Period, Value |  |  |  |  |  |  |  |  |  |  |  |  | $ 114,068,280
Conduit Pharmaceuticals Inc [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Stock Issued During Period, Shares, Acquisitions (in shares) |  | 65,000,000 |  |  |  |  |  |  |  |  |  |  |
Conduit Pharmaceuticals Inc [Member] | Private Warrants [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 540,000 | 754,000 |  |  |  |  |  |  |  |  |  |  |
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 3.12 |  |  |  |  |  |  |  |  |  |  |  |
Warrants and Rights Outstanding, Term (Year) | 2 years |  |  |  |  |  |  |  |  |  |  |  |
Warrant or Right, Exercisable Period (Year) | 1 year |  |  |  |  |  |  |  |  |  |  |  |
Warrants and Rights Outstanding | $ 891,000 |  |  |  |  |  |  |  |  |  |  | 0 |
Conduit Pharmaceuticals Inc [Member] | Private Warrants [Member] | Common Class A [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) |  | 754,000 |  |  |  |  |  |  |  |  |  |  |
Conduit Pharmaceuticals Inc [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Lock-up Agreement, Shares (in shares) | 2,700,000 |  |  |  |  |  |  |  |  |  |  |  |
Investment Owned, Balance, Shares (in shares) | 4,015,250 |  |  |  |  |  |  |  |  |  |  |  |
Equity Securities, FV-NI |  |  |  |  |  |  |  |  |  |  |  | 200,000 | 18,300,000
Investment Owned, Fair Value |  |  |  |  |  |  |  |  |  |  |  | 200,000 |
Fair Value, Inputs, Level 1 [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Marketable Securities |  |  |  |  |  |  |  |  |  |  |  |  | 45,149
Domestic Tax Jurisdiction [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Operating Loss Carryforwards |  |  |  |  |  |  |  |  |  |  |  | 18,000,000 |
Polar Multi-Strategy Master Fund [Member] | Notes Payable to Banks [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Debt Issuance Costs, Net |  |  |  |  |  |  |  |  |  |  |  | 700,000 | 800,000
Amortization of Debt Issuance Costs |  |  |  |  |  |  |  |  |  |  |  | $ 400,000 | 300,000
Building [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Life Used for Depreciation (Year) |  |  |  |  |  |  |  |  |  |  |  | 39 years |
Building and Tenant Improvements [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts Payable |  |  |  |  |  | $ 850,918 |  |  |  |  | $ 850,918 |  | $ 295,567
Model Home Properties [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Impairment of Real Estate |  |  |  |  |  |  |  |  |  |  |  | $ 400,000 |
Dakota Center [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Impairment of Real Estate |  |  |  |  |  |  |  |  |  | $ 700,000 |  | $ 1,400,000 |
Maximum [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Life Used for Depreciation (Year) |  |  |  |  |  |  |  |  |  |  |  | 5 years |
Maximum [Member] | Building [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Life Used for Depreciation (Year) |  |  |  |  |  |  |  |  |  |  |  | 39 years |
Maximum [Member] | Leasehold Improvements [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Life Used for Depreciation (Year) |  |  |  |  |  |  |  |  |  |  |  | 10 years |
Maximum [Member] | Furniture and Fixtures [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Life Used for Depreciation (Year) |  |  |  |  |  |  |  |  |  |  |  | 5 years |
Minimum [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Life Used for Depreciation (Year) |  |  |  |  |  |  |  |  |  |  |  | 1 year |
Minimum [Member] | Leasehold Improvements [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Life Used for Depreciation (Year) |  |  |  |  |  |  |  |  |  |  |  | 1 year |
Minimum [Member] | Furniture and Fixtures [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Life Used for Depreciation (Year) |  |  |  |  |  |  |  |  |  |  |  | 4 years |
Lease Intangibles [Member] | Maximum [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Life Used for Depreciation (Year) |  |  |  |  |  |  |  |  |  |  |  | 10 years |
Intangible Associated With NTR Property Management [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Impairment of Intangible Assets (Excluding Goodwill) |  |  |  |  |  |  |  |  |  |  |  | $ 200,000 |
Murphy Canyon Acquisition Sponsor, LLC (SPAC) [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Subsidiary, Ownership Percentage, Parent |  |  |  |  |  |  |  |  |  |  |  |  | 65.00%

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