Loans Payable, net (Tables)

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Schedule of Debt

The Company's loans payable are composed of the following:

		December 31, 2025			December 31, 2024
Description	Maturity Dates	Balance Outstanding		Contractual Interest Rates Weighted-Average	Balance Outstanding		Contractual Interest Rates Weighted-Average
Variable-rate loans:
August 2025 Credit Facility	Aug 2027	$	—	6.7%	$	—	n/a
April 2025 Bridge Loan	Feb 2028	5,966,000		5.1%	—		n/a
Fixed-rate term loans:
Timpany Plaza	Sep 2028	11,415,000		7.3%	11,527,000		7.3%
October 2022 Term Loan	Nov 2032	100,441,000		5.3%	109,571,000		5.3%
Patuxent Crossing/Coliseum Marketplace	Jan 2033	25,000,000		6.4%	25,000,000		6.4%
		142,822,000		5.6%	146,098,000		5.6%
Unamortized issuance costs		(2,813,000)			(3,137,000)
Total loans payable, net		$	140,009,000		$	142,961,000

Schedule of Principal Payments on Secured Term Loans

Scheduled principal payments on secured term loans at December 31, 2025, due on various dates through 2033, are as follow:

	Fixed-Rate Term Loans		Variable-Rate Loans		Total
2026	$	121,000	$	—	$	121,000
2027	298,000		—		298,000
2028	13,149,000		5,966,000		19,115,000
2029	2,108,000		—		2,108,000
2030	2,223,000		—		2,223,000
Thereafter	118,957,000		—		118,957,000
	$	136,856,000	$	5,966,000	$	142,822,000