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Note 10 - Segment Reporting - Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Total revenues $ 35,128 $ 32,800 $ 103,338 $ 96,737  
Assets 1,239,759   1,239,759   $ 1,229,631
Interest expense 11,527 10,086 32,996 30,076  
Capital expenditures 10,756 9,800 28,343 42,404  
Property operating expenses 7,930 7,267 22,811 21,734  
Real estate taxes and insurance 7,374 8,252 24,610 24,069  
General and administrative 3,340 3,209 10,029 9,348  
Depreciation and amortization 7,282 6,784 21,376 20,221  
Transaction pursuit costs 0 (10) 357 506  
Total operating expenses 25,926 25,502 79,183 75,878  
Income from operations 9,202 7,298 24,155 20,859  
Rental Income [Member]          
Total revenues 35,128 32,800 103,338 96,737  
Commercial Segment [Member]          
Total revenues 9,627 9,692 28,857 29,570  
Assets 312,029   312,029   312,404
Interest expense 2,577 2,533 7,584 7,537  
Capital expenditures 689 917 2,929 2,545  
Property operating expenses 1,248 1,240 3,511 3,567  
Real estate taxes and insurance 2,540 2,228 7,069 6,264  
General and administrative 606 598 1,792 1,745  
Depreciation and amortization 1,457 1,386 4,346 4,108  
Transaction pursuit costs   0 0 81  
Total operating expenses 5,851 5,452 16,718 15,765  
Income from operations 3,776 4,240 12,139 13,805  
Commercial Segment [Member] | Rental Income [Member]          
Total revenues 9,627 9,692 28,857 29,570  
Residential Segment [Member]          
Total revenues 25,501 23,108 74,481 67,167  
Assets 927,730   927,730   $ 917,227
Interest expense 8,950 7,553 25,412 22,539  
Capital expenditures 10,067 8,883 25,414 39,859  
Property operating expenses 6,682 6,027 19,300 18,167  
Real estate taxes and insurance 4,834 6,024 17,541 17,805  
General and administrative 2,734 2,611 8,237 7,603  
Depreciation and amortization 5,825 5,398 17,030 16,113  
Transaction pursuit costs   (10) 357 425  
Total operating expenses 20,075 20,050 62,465 60,113  
Income from operations 5,426 3,058 12,016 7,054  
Residential Segment [Member] | Rental Income [Member]          
Total revenues $ 25,501 $ 23,108 $ 74,481 $ 67,167