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Revenues
 12 Months Ended
Dec. 31, 2024
Revenues [Abstract]  
Revenues Revenues
Revenues are comprised of the following:
Years ended December 31,
20242023
Base rents$23,992,000 $23,902,000 
Expense recoveries - variable lease revenue8,254,000 7,705,000 
Percentage rent - variable lease revenue460,000 479,000 
Straight-line rents288,000 1,208,000 
Above (below) market lease amortization, net226,000 336,000 
Other1,400,000 645,000 
34,620,000 34,275,000 
Credit adjustments on operating lease receivables(72,000)357,000 
Total revenues$34,548,000 $34,632,000 
The Company reviews the collectability of charges under its tenant operating leases on a regular basis, taking into consideration changes in factors such as the tenant's payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area where the property is located. In the event that collectability with respect to any tenant changes, the Company recognizes an adjustment to rental income. The Company's review of collectability of charges under its operating leases includes any accrued rental revenues related to the straight-line method of reporting rental revenue.
Annual future base rents due to be received under non-cancelable operating leases in effect at December 31, 2024 are approximately as follows:
2025$22,357,000 
202622,224,000 
202720,256,000 
202816,331,000 
202913,347,000 
Thereafter44,968,000 
$139,483,000 
Total future minimum rents do not include expense recoveries for real estate taxes and operating costs, or percentage rents based upon tenants' sales volume. Such amounts do not include amortization of intangible lease assets or liabilities.