CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Real Estate:
Land, at Cost	$ 289,012	$ 257,748
Building and Improvements, at Cost	766,371	720,480
Other Furnishings and Equipment, at Cost	923	883
Construction in Process, at Cost	4,091	5,091
Total Real Estate, at Cost	1,060,397	984,202
Less, Accumulated Depreciation	(107,268)	(82,864)
Real Estate-Net	953,129	901,338
Land and Development Costs	300	300
Intangible Lease Assets-Net	84,710	79,198
Investment in Alpine Income Property Trust, Inc.	41,324	39,666
Commercial Loans and Investments	104,804	105,043	$ 61,849
Cash and Cash Equivalents	6,467	9,017	10,214
Restricted Cash	34,652	8,344	$ 7,605
Refundable Income Taxes		70
Deferred Income Taxes-Net	2,309	2,467
Other Assets-See Note 12	36,207	36,201
Total Assets	1,263,902	1,181,644
Liabilities:
Accounts Payable	1,709	3,278
Accrued and Other Liabilities-See Note 18	28,185	21,268
Deferred Revenue-See Note 19	18,802	10,183
Intangible Lease Liabilities-Net	31,486	15,124
Income Taxes Payable	29
Long-Term Debt-Net	616,345	518,993
Total Liabilities	696,556	568,846
Commitments and Contingencies-See Note 22
Stockholders' Equity:
Preferred Stock - 100,000,000 shares authorized; $0.01 par value, 6.375% Series A Cumulative Redeemable Preferred Stock, $25.00 Per Share Liquidation Preference, 4,713,069 shares issued and outstanding at December 31, 2025 and 2024	47	47
Common Stock - 500,000,000 shares authorized; $0.01 par value, 32,372,291 shares issued and outstanding at December 31, 2025 and 31,673,479 shares issued and outstanding at December 31, 2024	324	317
Additional Paid-In Capital	382,494	367,828
Retained Earnings	184,886	232,089
Accumulated Other Comprehensive Income (Loss)	(405)	12,517
Total Stockholders' Equity	567,346	612,798
Total Liabilities and Stockholders' Equity	$ 1,263,902	$ 1,181,644