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Related Party Transactions
 3 Months Ended
Mar. 31, 2024
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
The Company is a subsidiary of WHLR. WHLR performs property management and leasing services for the Company, pursuant to the Wheeler Real Estate Company Management Agreement. The management fee is 4% of gross operating income, and leasing commissions range from 3% to 6%. During the three months ended March 31, 2024, the Company paid WHLR $0.3 million for these services. During the three months ended March 31, 2023, the Company paid WHLR $0.4 million for these services. The Operating Partnership and WHLR's operating partnership, Wheeler REIT, L.P., are party to a cost sharing and reimbursement agreement, pursuant to which the parties agreed to share costs and expenses associated with certain employees, certain facilities and property, and certain arrangements with third parties (the "Cost Sharing Agreement"). The related party amounts due to WHLR are comprised of:
March 31,December 31,
20242023
Financings and real estate taxes$7,166,000 $7,166,000 
Management fees341,000 225,000 
Leasing commissions317,000 161,000 
Cost Sharing Agreement allocations (a)622,000 548,000 
Other— (6,000)
Total$8,446,000 $8,094,000 
(a)Includes allocations for executive compensation and directors' liability insurance.