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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Real Estate:    
Land, at Cost $ 189,589 $ 166,512
Building and Improvements, at Cost 325,418 305,614
Other Furnishings and Equipment, at Cost 707 672
Construction in Process, at Cost 3,150 323
Total Real Estate, at Cost 518,864 473,121
Less, Accumulated Depreciation (24,169) (30,737)
Real Estate-Net 494,695 442,384
Land and Development Costs 692 7,083
Intangible Lease Assets-Net 79,492 50,176
Assets Held for Sale-See Note 25 6,720 833
Investment in Joint Ventures   48,677
Investment in Alpine Income Property Trust, Inc. 41,037 30,574
Mitigation Credits 3,702 2,622
Mitigation Credit Rights 21,018  
Commercial Loan and Master Lease Investments 39,095 38,320
Cash and Cash Equivalents 8,615 4,289
Restricted Cash 22,734 29,536
Refundable Income Taxes 442 26
Other Assets - See Note 13 14,897 12,180
Total Assets 733,139 666,700
Liabilities:    
Accounts Payable 676 1,047
Accrued and Other Liabilities-See Note 19 13,121 9,090
Deferred Revenue-See Note 20 4,505 3,319
Intangible Lease Liabilities-Net 5,601 24,163
Liabilities Held for Sale-See Note 25   831
Deferred Income Taxes-Net 483 3,521
Long-Term Debt 278,273 273,830
Total Liabilities 302,659 315,801
Commitments and Contingencies-See Note 23
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, 3,000,000 shares issued and outstanding at December 31, 2021; 50,000 shares authorized; $100.00 par value, no shares issued or outstanding at December 31, 2020 30  
Common Stock - 500,000,000 shares authorized; $0.01 par value, 7,351,703 shares issued and 5,916,226 shares outstanding at December 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 December 31, 2021 and 1,394,924 shares at December 31, 2020   (77,541)
Additional Paid-In Capital 85,414 83,183
Retained Earnings 343,459 339,917
Accumulated Other Comprehensive Income (Loss) 1,517 (1,910)
Total Stockholders' Equity 430,480 350,899
Total Liabilities and Stockholders' Equity $ 733,139 $ 666,700