Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 8,599	$ 11,264
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	10,445	10,461
Amortization of intangible assets and deferred charges	5,455	4,664
Stock-based compensation	2,297	1,914
Non-cash lease expense	17	27
Rental income in excess of amount billed	(120)	(1,065)
Income from equity investment in unconsolidated affiliate	(221)	(189)
Distributions from unconsolidated affiliate	221	242
Changes in operating assets and liabilities:
Other assets	(1,948)	(794)
Accounts payable and accrued expenses	382	(1,861)
Other liabilities	1,164	1,049
Net cash provided by operating activities	26,291	25,712
CASH FLOWS FROM INVESTING ACTIVITIES:
Expenditures for improvements to real estate	(1,996)	(2,438)
Cash paid for property acquisition	(35,554)	(29,007)
Deposits for property acquisition	(380)
Return of capital from unconsolidated affiliate	54	8
Net cash used in investing activities	(37,876)	(31,437)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from mortgage notes payable	125,000	25,000
Financing costs from mortgage notes payable	(3,624)	(535)
Payment of mortgage notes payable at maturity	(14,421)
Payment of term loan payable	(50,000)
Proceeds from revolving credit facility	18,400
Payment of revolving credit facility	(40,000)
Payment of mortgage principal	(2,944)	(1,792)
Purchase of limited partnership interest	0	(32,214)
Repurchases of common stock	(2,693)	(2,067)
Cash distributions to noncontrolling interests	(2,991)	(4,111)
Cash dividends paid	(14,932)	(9,733)
Net cash provided by (used in) financing activities	11,795	(25,452)
Net increase (decrease) in cash, cash equivalents and restricted cash	210	(31,177)
Cash and cash equivalents including restricted cash of $1,400 and $986, respectively, at the beginning of year	29,313	60,490
Cash and cash equivalents including restricted cash of $143 and $1,400, respectively, at the end of year	29,523	29,313
SUPPLEMENTAL DISCLOSURE CASH FLOW INFORMATION:
Cash paid for interest	24,138	22,912
Non-cash expenditures for real estate	247	63
Right-of-use asset and liability	$ 2,486	$ 2,739