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Note I - Notes Payable and Paycheck Protection Program Loan (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Schedule of Debt [Table Text Block]

Loan

 

Original Debt Amount

  

Monthly Payment

  

Balance as of 6/30/22

 

Lender

 

Term (in years)

  

Interest Rate

 

Loan Maturity

Corporate D&O Insurance (4)

 $450,000  $38,000  $37,000 

MetaBank

  1   3.95%

7/31/2022

MVP Clarksburg Lot

 $476,000  

Interest Only

  $476,000 

Vestin Realty Mortgage I

  1   7.00%

8/25/2022

MCI 1372 Street

 $574,000  

Interest Only

  $574,000 

Vestin Realty Mortgage I

  1   7.00%

8/25/2022

MVP Milwaukee Old World

 $771,000  

Interest Only

  $1,871,000 

Vestin Realty Mortgage I

  1   7.00%

8/25/2022

MVP Milwaukee Clybourn

 $191,000  

Interest Only

  $191,000 

Vestin Realty Mortgage I

  1   7.00%

8/25/2022

MVP Wildwood NJ Lot, LLC

 $1,000,000  

Interest Only

  $1,000,000 

Vestin Realty Mortgage I

  1   7.00%

8/25/2022

MVP Cincinnati Race Street, LLC

 $2,550,000  

Interest Only

  $3,450,000 

Vestin Realty Mortgage II

  1   7.00%

8/25/2022

Minneapolis Venture

 $2,000,000  

Interest Only

  $4,000,000 

Vestin Realty Mortgage I

  1   7.00%

8/25/2022

MVP Memphis Poplar (3)

 $1,800,000  

Interest Only

  $1,800,000 

LoanCore

  5   5.38%

3/6/2024

MVP St. Louis (3)

 $3,700,000  

Interest Only

  $3,700,000 

LoanCore

  5   5.38%

3/6/2024

1W7 Carpark, LLC and 222W7th Holdco, LLC

 $339,000  $6,400  $140,000 

FlashParking, Inc

  5   5.00%

5/31/2024

Mabley Place Garage, LLC

 $9,000,000  $44,000  $7,717,000 

Barclays

  10   4.25%

12/6/2024

322 Streeter Holdco LLC

 $25,900,000  

Interest Only

  $25,683,000 

American National Insurance Co.

  5

*

  3.50%

3/1/2025

MVP Houston Saks Garage, LLC

 $3,650,000  $20,000  $3,007,000 

Barclays Bank PLC

  10   4.25%

8/6/2025

Minneapolis City Parking, LLC

 $5,250,000  $29,000  $4,442,000 

American National Insurance, of NY

  10   4.50%

5/1/2026

MVP Bridgeport Fairfield Garage, LLC

 $4,400,000  $23,000  $3,718,000 

FBL Financial Group, Inc.

  10   4.00%

8/1/2026

West 9th Properties II, LLC

 $5,300,000  $30,000  $4,559,000 

American National Insurance Co.

  10   4.50%

11/1/2026

MVP Fort Worth Taylor, LLC

 $13,150,000  $73,000  $11,342,000 

American National Insurance, of NY

  10   4.50%

12/1/2026

MVP Detroit Center Garage, LLC

 $31,500,000  $194,000  $27,944,000 

Bank of America

  10   5.52%

2/1/2027

MVP St. Louis Washington, LLC (1)

 $1,380,000  $8,000  $1,287,000 

KeyBank

  10

*

  4.90%

5/1/2027

St. Paul Holiday Garage, LLC (1)

 $4,132,000  $24,000  $3,853,000 

KeyBank

  10

*

  4.90%

5/1/2027

Cleveland Lincoln Garage, LLC (1)

 $3,999,000  $23,000  $3,729,000 

KeyBank

  10

*

  4.90%

5/1/2027

MVP Denver Sherman, LLC (1)

 $286,000  $2,000  $266,000 

KeyBank

  10

*

  4.90%

5/1/2027

MVP Milwaukee Arena Lot, LLC (1)

 $2,142,000  $12,000  $1,998,000 

KeyBank

  10

*

  4.90%

5/1/2027

MVP Denver 1935 Sherman, LLC (1)

 $762,000  $4,000  $710,000 

KeyBank

  10

*

  4.90%

5/1/2027

MVP Louisville Broadway Station, LLC (2)

 $1,682,000  

Interest Only

  $1,682,000 

Cantor Commercial Real Estate

  10

**

  5.03%

5/6/2027

MVP Whitefront Garage, LLC (2)

 $6,454,000  

Interest Only

  $6,454,000 

Cantor Commercial Real Estate

  10

**

  5.03%

5/6/2027

MVP Houston Preston Lot, LLC (2)

 $1,627,000  

Interest Only

  $1,627,000 

Cantor Commercial Real Estate

  10

**

  5.03%

5/6/2027

MVP Houston San Jacinto Lot, LLC (2)

 $1,820,000  

Interest Only

  $1,820,000 

Cantor Commercial Real Estate

  10

**

  5.03%

5/6/2027

St. Louis Broadway, LLC (2)

 $1,671,000  

Interest Only

  $1,671,000 

Cantor Commercial Real Estate

  10

**

  5.03%

5/6/2027

St. Louis Seventh & Cerre, LLC (2)

 $2,057,000  

Interest Only

  $2,057,000 

Cantor Commercial Real Estate

  10

**

  5.03%

5/6/2027

MVP Indianapolis Meridian Lot, LLC (2)

 $938,000  

Interest Only

  $938,000 

Cantor Commercial Real Estate

  10

**

  5.03%

5/6/2027

St Louis Cardinal Lot DST, LLC (5)

 $6,000,000  

Interest Only

  $6,000,000 

Cantor Commercial Real Estate

  10

**

  5.25%

5/31/2027

MVP Preferred Parking, LLC

 $11,330,000  

Interest Only

  $11,330,000 

Key Bank

  10

**

  5.02%

8/1/2027

Less unamortized loan issuance costs

  $(774,000)          
          $150,299,000           
Schedule of Maturities of Long-Term Debt [Table Text Block]

2022 (remainder)

  12,833,000 

2023

  2,575,000 

2024

  15,308,000 

2025

  30,795,000 

2026

  22,630,000 

Thereafter

  66,932,000 

Total

 $151,073,000