Leases

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Leases

Note 9 – Leases

Future Minimum Rents

During the nine months ended September 30, 2022 and 2021, the Company had four tenants that each account for more than 10% of its rental revenue as indicated below:

	2022			2021
General Services Administration - Norfolk, VA & Manteo, NC		21	%		25	%
PRA Holdings, Inc. - Norfolk, VA		15	%		20	%
Pratt & Whitney Automation, Inc. - Huntsville, AL		14	%		17	%
Kohl's Corporation - Tucson, AZ		16	%	<10%
Maersk Line, Limited - Norfolk, VA	<10%				10	%

The following table presents future minimum rental cash payments due to the Company over the next five years and thereafter as of September 30, 2022:

	As of September 30,
	2022
2022 (3 months remaining)		1,267,833
2023		4,706,826
2024		4,775,024
2025		4,635,711
2026		4,513,724
Thereafter		9,130,039
		29,029,157