Subsequent events

9 Months Ended

Sep. 30, 2020

Subsequent Events [Abstract]

Subsequent events

9. Subsequent events:

At its October 28, 2020 regularly scheduled quarterly Board meeting, the Board of Directors voted to declare a quarterly dividend of $.07 per share for shareholders of record on November 13, 2020, payable November 24, 2020.

As of November 6, 2020, with the exception of the Metropark Lease and Parcel 20 Lease, all of the Company’s tenants are current in terms of required monthly lease payments.  The total rent arrearage at November 6, 2020 is $309,000 and $13,000, respectively, for Metropark and Parcel 20.