Note 3 - Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Notes Tables

Property, Plant and Equipment, Useful Life [Table Text Block]

Building and improvements (years)	10	–	44
Tenant improvements	Shorter of useful life or lease term
Furniture, fixtures and equipment (years)	3	–	15

Schedule of Nonvested Share Activity [Table Text Block]

Unvested Restricted Shares and LTIP Units	LTIP Units			Weighted Grant-Date Fair Value
Unvested at December 31, 2016		480,741		$	13.50
Granted		151,853		$	11.15
Vested		(11,112	)		—
Forfeited		—			—
Unvested at December 31, 2017		621,482		$	12.93
Granted		71,112		$	9.00
Vested		(509,818	)	$	13.11
Forfeited		—			—
Unvested at December 31, 2018		182,776		$	10.89
Granted		158,534		$	13.33
Vested		(124,772	)	$	11.82
Forfeited		—			—
Unvested at December 31, 2019		216,538		$	12.15

Cash Distribution for Income Tax Purpose [Table Text Block]

	Year Ended December 31,
	2019			2018			2017
Ordinary income		—			—			50	%
Capital gain		—			—			—
Return of capital		100	%		100	%		50	%
Total		100	%		100	%		100	%

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Year Ended December 31,
	2019			2018			2017
(in thousands, except per share amounts)
Numerator
Net loss attributable to common stockholders	$	(1,665	)	$	(3,633	)	$	(2,365	)
Less: income attributable to participating securities		(319	)		(269	)		(229	)
Subtotal		(1,984	)		(3,902	)		(2,594	)
Denominator
Weighted average common shares outstanding		17,814			17,813			17,021
Basic and diluted net loss per share attributable to common stockholders	$	(0.11	)	$	(0.22	)	$	(0.15	)

Disaggregation of Revenue [Table Text Block]

Year Ended December 31, 2019
		Amount of Rental Income
Revenue Stream	Applicable Standard	Residential		Commercial		Total		% of Rental Income
Leasing	Leases	$	85,751	$	24,941	$	110,692		95.3	%
Operating expense recoveries	Leases		521		3,211		3,732		3.2	%
Other	Revenue Recognition		1,114		627		1,741		1.5	%
Total revenues		$	87,386	$	28,779	$	116,165		100.0	%

Year Ended December 31, 2018
		Amount of Rental Income
Revenue Stream	Applicable Standard	Residential		Commercial		Total		% of Rental Income
Leasing	Leases	$	79,366	$	25,322	$	104,688		95.2	%
Operating expense recoveries	Leases		523		2,888		3,411		3.1	%
Other	Revenue Recognition		1,228		670		1,898		1.7	%
Total revenues		$	81,117	$	28,880	$	109,997		100.0	%

Year Ended December 31, 2017
		Amount of Rental Income
Revenue Stream	Applicable Standard	Residential		Commercial		Total		% of Rental Income
Leasing	Leases	$	73,667	$	25,172	$	98,839		95.1	%
Operating expense recoveries	Leases		243		3,491		3,734		3.6	%
Other	Revenue Recognition		949		430		1,379		1.3	%
Total revenues		$	74,859	$	29,093	$	103,952		100.0	%

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

Year Ended December 31, 2018
	As previously reported			After adoption
Net cash provided by operating activities	$	27,256		$	22,362
Net cash used in investing activities		(39,295	)		(39,295	)
Net cash provided by financing activities		41,127			41,127

Year Ended December 31, 201 7
	As previously reported			After adoption
Net cash provided by operating activities	$	10,440		$	13,065
Net cash used in investing activities		(187,656	)		(187,656	)
Net cash provided by financing activities		147,609			147,609