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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Real Estate:    
Total Real Estate, at cost $ 499,023 $ 473,121
Less, Accumulated Depreciation (33,319) (30,737)
Real Estate-Net 465,704 442,384
Land and Development Costs 7,074 7,083
Intangible Lease Assets-Net 53,215 50,176
Assets Held for Sale-See Note 25 4,505 833
Investment in Joint Ventures 48,686 48,677
Investment in Alpine Income Property Trust, Inc. 35,408 30,574
Mitigation Credits 2,622 2,622
Commercial Loan and Master Lease Investments 38,417 38,320
Cash and Cash Equivalents 4,691 4,289
Restricted Cash 609 29,536
Refundable Income Taxes 277 26
Other Assets-See Note 13 12,227 12,180
Total Assets 673,435 666,700
Liabilities:    
Accounts Payable 739 1,047
Accrued and Other Liabilities-See Note 19 7,042 9,090
Deferred Revenue-See Note 20 3,463 3,319
Intangible Lease Liabilities-Net 23,396 24,163
Liabilities Held for Sale-See Note 25 831 831
Deferred Income Taxes-Net 3,343 3,521
Long-Term Debt 280,248 273,830
Total Liabilities 319,062 315,801
Commitments and Contingencies-See Note 23
Stockholders' Equity:    
Preferred Stock - 100,000,000 shares authorized; $0.01 par value, no shares issued or outstanding at March 31, 2021; 50,000 shares authorized; $100.00 par value, no shares issued or outstanding at December 31, 2020
Common Stock - 500,000,000 shares authorized; $0.01 par value, 5,957,079 shares issued and outstanding at March 31, 2021; 25,000,000 shares authorized; $1.00 par value, 7,310,680 shares issued and 5,915,756 shares outstanding at December 31, 2020 60 7,250
Treasury Stock - 0 shares at March 31, 2021 and 1,394,924 shares at December 31, 2020   (77,541)
Additional Paid-In Capital 13,341 83,183
Retained Earnings 341,645 339,917
Accumulated Other Comprehensive Loss (673) (1,910)
Total Stockholders' Equity 354,373 350,899
Total Liabilities and Stockholders' Equity 673,435 666,700
Land, at cost    
Real Estate:    
Total Real Estate, at cost 179,923 166,512
Building and Improvements, at cost    
Real Estate:    
Total Real Estate, at cost 317,870 305,614
Other Furnishings and Equipment, at cost    
Real Estate:    
Total Real Estate, at cost 679 672
Construction in Process, at cost    
Real Estate:    
Total Real Estate, at cost $ 551 $ 323