Note 7 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Notes Tables

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	For the year ended
	December 31, 2025
Book income before income taxes	$	15,313
REIT income not subject to income taxes		(15,152	)
Book income before income taxes of the TRS	$	161
Statutory rate of 21%		34		21	%
Effect of state and local income taxes, net of federal tax benefit (a)		10		6	%
Permanent adjustments		24		15	%
Change in valuation allowance		(55	)	-35	%
Valuation allowance release		—		—	%
Other		(13	)	-8	%
Total income tax (benefit) expense	$	—		—	%

	For the year ended
	December 31,
	2024			2023
Book income (loss) before income taxes of the TRS	$	2,905		$	(7,309	)
Statutory rate of 21%	$	610		$	(1,535	)
Effect of state and local income taxes, net of federal tax benefit		—			(245	)
Permanent adjustments		21			13
Change in valuation allowance		(1,051	)		1,579
Valuation allowance release		—			—
Other		420			188
Total income tax (benefit) expense	$	—		$	—
Effective tax rate		—	%		—	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	For the year ended
	December 31,
	2025			2024
Gross deferred tax assets:
Allowance for doubtful accounts	$	101		$	74
Accrued compensation		430			375
Net operating loss		18,873			18,893
Gross deferred tax assets	$	19,404		$	19,342
Less: Valuation Allowance	$	(19,404	)	$	(19,342	)
Total deferred tax assets net of valuation allowance	$	—		$	—
Gross deferred tax liabilities:
Total book/tax difference in partnership	$	—		$	—
Gross deferred tax liabilities:	$	—		$	—
Net, deferred tax assets:	$	—		$	—