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Note 1 - Organization and Basis of Presentation - Top Tenants (Details)
Dec. 31, 2024
USD ($)
Johns Hopkins University [Member]  
Number of leases 1
Annualized base rent $ 724,453
Annualized base rent, percent of total 6.07%
Finastra USA Corporation [Member]  
Number of leases 1
Annualized base rent $ 543,600
Annualized base rent, percent of total 4.55%
KLJ Engineering [Member]  
Number of leases 1
Annualized base rent $ 536,080
Annualized base rent, percent of total 4.49%
MasTec North America [Member]  
Number of leases 1
Annualized base rent $ 371,106
Annualized base rent, percent of total 3.11%
L and T Care [Member]  
Number of leases 1
Annualized base rent $ 342,692
Annualized base rent, percent of total 2.87%
Wells Fargo Bank NA [Member]  
Number of leases 1
Annualized base rent $ 300,838
Annualized base rent, percent of total 2.52%
Republic Indemnity of America [Member]  
Number of leases 1
Annualized base rent $ 278,831
Annualized base rent, percent of total 2.34%
Nova Financial and Investment Corporation [Member]  
Number of leases 1 [1]
Annualized base rent $ 275,071 [1]
Annualized base rent, percent of total 2.30% [1]
Meissner Commercial Real Estate Services [Member]  
Number of leases 1 [2]
Annualized base rent $ 270,015 [2]
Annualized base rent, percent of total 2.26% [2]
Fredrikson and Byron PA [Member]  
Number of leases 1
Annualized base rent $ 249,270
Annualized base rent, percent of total 2.09%
Top Ten Tenants [Member]  
Annualized base rent $ 3,891,956
Annualized base rent, percent of total 32.60%
[1] Nova Financial & Investment Corporation was subleasing to OnPoint Medical Group Holdings, LLC (“OnPoint”), until their lease expired in January 2025. Since October 2024, OnPoint had also been directly leasing a 2,543 square foot space in our Shea Center building. In January 2025, OnPoint took over 11,831 square foot space from Nova Financial & Investment Corporation, signing an additional 3-year lease for that space.
[2] Genesis Plaza's occupancy at December 31, 2024 was at 95.6%. During the year, the Company invested approximately $74k in building and tenant improvements for the property, expanded the space for Meissner and extended the term of their lease to 2035, and reduced the space used by the Company. On January 1, 2025, Meissner took possession of the expanded space and Genesis Plaza was 100% leased.