Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Real estate, at cost:
Land	$ 223,308	$ 223,308
Buildings and improvements	312,845	312,275
Total real estate, at cost	536,153	535,583
Less: accumulated depreciation and amortization	(109,349)	(104,163)
Net real estate held for investment	426,804	431,420
Cash and cash equivalents	49,581	27,913
Restricted cash	973	1,400
Rental income in excess of amount billed	16,121	16,123
Acquired lease intangible assets, net	5,197	5,836
Investment in unconsolidated affiliate	3,788	3,753
Right-of-use asset - operating lease, net	2,422	2,555
Other assets	17,667	18,237
Total assets	522,553	507,237
Liabilities:
Mortgage notes payable, net	490,369	369,423
Secured revolving credit facility	0	40,000
Term loan payable, net	0	49,783
Accounts payable and accrued expenses	4,327	5,234
Dividends payable	1,602	1,333
Acquired lease intangible liabilities, net	717	1,079
Right-of-use liability - operating lease	2,614	2,739
Other liabilities	5,503	6,032
Total liabilities	505,132	475,623
Commitments and contingencies (Note 9)
Equity:
Common stock, $.0001 par value; 100,000,000 shares authorized; 13,345,980 and 13,326,965 shares issued and outstanding at and June 30, 2024 and December 31, 2023	1	1
Additional paid-in capital	131,171	132,217
Distributions in excess of net income	(118,080)	(107,330)
Total stockholders’ equity	13,092	24,888
Noncontrolling interest	4,329	6,726
Total equity	17,421	31,614
Total liabilities and equity	522,553	507,237
Series A Preferred Stock [Member]
Equity:
Preferred stock, value
Series B Preferred Stock, Non-Voting [Member]
Equity:
Preferred stock, value