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Note 6 - Mortgage and Other Indebtedness (Details Textual)
1 Months Ended 3 Months Ended 12 Months Ended
Mar. 31, 2022
USD ($)
Mar. 22, 2022
USD ($)
Jun. 04, 2021
USD ($)
May 21, 2021
USD ($)
Jun. 16, 2020
USD ($)
Dec. 27, 2019
USD ($)
Derivative
Jul. 31, 2021
Mar. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Jun. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Oct. 06, 2021
USD ($)
Oct. 01, 2021
USD ($)
Sep. 30, 2021
Mar. 18, 2021
USD ($)
Jun. 30, 2020
USD ($)
Apr. 20, 2020
USD ($)
Debt Instrument [Line Items]                                        
Long-term debt outstanding                       $ 181,075,000                
Maturity date description                       the Basis Term Loan and the Basis Preferred Interest (each as defined below), totaling approximately $75.4 million, mature on January 1, 2023, subject to two one-year extension options that are subject to certain conditions, including a Material Adverse Change clause.                
Interest expense                       $ 9,961,000 $ 6,676,000              
Preferred investor approval rights, Minimum amount of capital expenditure to be incurred                       250,000                
Repayments of debt                       14,221,000 3,308,000              
Long Term Debt Net Of Discount                 $ 122,977,000     180,097,000 122,977,000              
Principal balance of mortgage loan                 122,060,000     178,982,000 122,060,000              
Deferred financing costs, gross                 1,400,000     2,100,000 1,400,000              
Deferred financing costs, net                 900,000     1,100,000 900,000              
Debt discounts, gross                 1,400,000     2,100,000 1,400,000              
Debt instrument net of discount                 900,000     1,000,000.0 900,000              
Income (expenses) related to fair value adjustments on derivatives                       $ 400,000 600,000              
MVB Revolver [Member]                                        
Debt Instrument [Line Items]                                        
Maturity date [1]                       Dec. 27, 2022                
Interest Rate [2]                       6.75%                
Long Term Debt Net Of Discount                 2,000,000     $ 1,404,000 2,000,000              
PPP Loan [Member]                                        
Debt Instrument [Line Items]                                        
Unsecured loan                                       $ 800,000
Second PPP Loan [Member]                                        
Debt Instrument [Line Items]                                        
Unsecured loan                                   $ 800,000    
Mortgage Loan [Member]                                        
Debt Instrument [Line Items]                                        
Mortgage loan maturity period                       2010-10                
Mortgage loan secured by the property                             $ 23,500,000          
Mortgages [Member]                                        
Debt Instrument [Line Items]                                        
Outstanding mortgage indebtedness                       $ 94,900,000 38,100,000              
Sub-OP [Member]                                        
Debt Instrument [Line Items]                                        
Preferred investor, additional capital contribution         $ 2,900,000                           $ 2,900,000  
Proceeds from refinance to repayment         (750,000)                              
Preferred Units Available Contributed Capital         300,000                     $ 1,000,000.0        
Preferred units remaining contributed capital                               $ 0        
LIBOR [Member]                                        
Debt Instrument [Line Items]                                        
Debt instrument variable rate                       0.10%                
Prime Rate [Member] | MVB Revolver [Member]                                        
Debt Instrument [Line Items]                                        
Debt instrument variable rate                       1.50%                
Prime Rate [Member] | Mortgage Loan [Member]                                        
Debt Instrument [Line Items]                                        
Interest Rate                             0.35%          
Interest Rate Swap [Member]                                        
Debt Instrument [Line Items]                                        
Fair value of interest rate swap liability                 700,000     $ 400,000 700,000              
Interest Rate Swap [Member] | Accounts Payable and Accrued Expenses [Member]                                        
Debt Instrument [Line Items]                                        
Fair value of interest rate swap liability                 700,000     $ 400,000 700,000              
Interest Rate Swap [Member] | MVB Revolver [Member]                                        
Debt Instrument [Line Items]                                        
Interest Rate                       4.06%                
Interest Rate Swap [Member] | Mortgage Loan [Member]                                        
Debt Instrument [Line Items]                                        
Interest Rate                             4.082%          
Maximum [Member]                                        
Debt Instrument [Line Items]                                        
Deferred financing costs, amortization expense                       $ 1,300,000 900,000              
Maximum [Member] | Interest Rate Cap [Member] | Other Assets, Net [Member]                                        
Debt Instrument [Line Items]                                        
Fair value of interest rate cap assets                 $ 100,000     100,000 $ 100,000              
Basis Term Loan [Member]                                        
Debt Instrument [Line Items]                                        
Long-term debt outstanding                       $ 66,900,000                
Maturity date                       Jan. 01, 2023                
Maturity date description                       The Basis Term Loan matures on January 1, 2023, subject to two one-year extension options, subject to certain conditions.                
Interest Rate [2]                       6.125%                
Interest Rate                 6.125% 6.125%   6.125% 6.125% 6.125%            
Long Term Debt Net Of Discount                 $ 66,439,000     $ 66,811,000 $ 66,439,000              
Debt instrument net of discount                 745,000     $ 373,000 745,000              
Basis Term Loan [Member] | Sub-OP [Member]                                        
Debt Instrument [Line Items]                                        
Preferred investor, additional capital contribution         2,400,000                              
Basis Term Loan [Member] | LIBOR [Member]                                        
Debt Instrument [Line Items]                                        
Debt instrument variable rate                       3.85%   3.85%            
Basis Term Loan [Member] | Interest Rate Cap [Member]                                        
Debt Instrument [Line Items]                                        
Long-term debt amount           $ 66,900,000                            
Debt instrument variable rate           6.125%                            
Basis Term Loan [Member] | Interest Rate Cap [Member] | LIBOR [Member]                                        
Debt Instrument [Line Items]                                        
Debt instrument variable rate           3.85%           3.50%                
Derivative variable rate                   3.50%       3.50%            
Debt instrument, effective interest rate           3.50%                            
Basis Term Loan [Member] | Maximum [Member]                                        
Debt Instrument [Line Items]                                        
Long-term debt amount                   $ 66,900,000       $ 66,900,000            
Basis Preferred Interest [Member]                                        
Debt Instrument [Line Items]                                        
Maturity date [3],[4]                       Jan. 01, 2023                
Interest Rate [2],[4],[5]                       14.00%                
Long Term Debt Net Of Discount [4]                 11,434,000     $ 8,560,000 11,434,000              
Debt instrument net of discount                 150,000     75,000 150,000              
Basis Preferred Interest [Member] | Sub-OP [Member]                                        
Debt Instrument [Line Items]                                        
Preferred investor investment commitment amount                   $ 10,700,000       10,700,000            
Preferred investor, capital contribution                       $ 6,900,000                
Annual return percentage on initial capital contribution                   14.00%                    
Interest percentage on excess of commitment amount                   20.00%                    
Description on extended redemption date                       December 31, 2023 and December 31, 2024                
Payment fee percentage, first extension option                   0.25%                    
Payment fee percentage, second extension option                   0.50%                    
Preferred Investor payments, description                       Additionally, at the Redemption Date, the Preferred Investor is entitled to an amount equal to (a) the product of (i) the aggregate amount of capital contributions made and (ii) 0.4, less (b) the aggregate amount of Class A return payments made to the Preferred Investor (the “Minimum Multiple Amount”).                
Basis Preferred Interest [Member] | Sub-OP [Member] | Class A Units [Member]                                        
Debt Instrument [Line Items]                                        
Interest percentage in exchange of capital contribution                       1.00%                
Basis Preferred Interest [Member] | Maximum [Member]                                        
Debt Instrument [Line Items]                                        
Preferred investor investment commitment amount                   $ 10,700,000       10,700,000            
Basis Preferred Interest Minimum Multiple Amount [Member]                                        
Debt Instrument [Line Items]                                        
Long-term debt outstanding                 $ 1,800,000     $ 800,000 1,800,000              
Other Capital Contribution [Member] | Sub-OP [Member]                                        
Debt Instrument [Line Items]                                        
Preferred investor, additional capital contribution         $ 500,000                              
Preferred units, cumulative annual return         13.00%             13.00%                
MVB Loan Agreement [Member]                                        
Debt Instrument [Line Items]                                        
Long-term debt outstanding                   6,500,000       6,500,000            
Loan agreement deposit requirement                       $ 3,000,000.0                
Loan agreement deposit requirement default interest charges percentage                       1.00%                
MVB Loan Agreement [Member] | MVB Revolver [Member]                                        
Debt Instrument [Line Items]                                        
Long-term debt outstanding                   $ 2,000,000.0       2,000,000.0            
Maturity date               Dec. 27, 2022 Dec. 27, 2021 Dec. 27, 2020   Dec. 27, 2022                
Interest Rate                       6.75%                
Line of credit facility, periodic payment required               $ 250,000                        
Line of credit facility, payments term               10 years                        
Repayments of debt               $ 250,000                        
MVB Loan Agreement [Member] | MVB Term Loan [Member]                                        
Debt Instrument [Line Items]                                        
Long-term debt outstanding                   $ 4,500,000       $ 4,500,000            
Maturity date                   Dec. 27, 2022                    
Interest Rate                   6.75%       6.75%            
MVB Loan Agreement [Member] | MVB Term Loan [Member] | MVB Revolver [Member]                                        
Debt Instrument [Line Items]                                        
Debt instrument additional borrowing available                       $ 0                
MVB Loan Agreement [Member] | Second MVB Term Loan [Member] | Subsequent Event [Member]                                        
Debt Instrument [Line Items]                                        
Long-term debt outstanding   $ 2,000,000.0                                    
MVB Loan Agreement [Member] | Prime Rate [Member] | MVB Revolver [Member]                                        
Debt Instrument [Line Items]                                        
Debt instrument variable rate                   1.50%                    
MVB Loan Agreement [Member] | Maximum [Member]                                        
Debt Instrument [Line Items]                                        
Debt service coverage ratio                       1.30%                
MVB Loan Agreement [Member] | Maximum [Member] | MVB Revolver [Member]                                        
Debt Instrument [Line Items]                                        
Debt service coverage ratio                       1.00%                
MVB Loan Agreement [Member] | Minimum [Member]                                        
Debt Instrument [Line Items]                                        
Debt service coverage ratio                       1.00%                
Consolidated funded debt ratio                       8.00%                
Funds available under other lines of credit                       $ 5,000,000.0                
MVB Loan Agreement [Member] | Minimum [Member] | MVB Revolver [Member]                                        
Debt Instrument [Line Items]                                        
Debt service coverage ratio                       1.00%                
Funds available under other lines of credit                       $ 3,000,000.0                
MVB Amendments [Member] | Subsequent Event [Member]                                        
Debt Instrument [Line Items]                                        
Line of credit facility, periodic payment required   $ 250,000                                    
Repayments of debt $ 250,000                                      
MVB Amendments [Member] | MVB Term Loan [Member] | Subsequent Event [Member]                                        
Debt Instrument [Line Items]                                        
Maturity date   Jun. 27, 2023                                    
MVB Amendments [Member] | Second MVB Term Loan [Member] | Subsequent Event [Member]                                        
Debt Instrument [Line Items]                                        
Maturity date   Jun. 27, 2023                                    
Interest Rate   6.75%                                    
MVB Amendments [Member] | Maximum [Member]                                        
Debt Instrument [Line Items]                                        
Consolidated funded debt ratio                       8.00%                
MVB Amendments [Member] | Minimum [Member]                                        
Debt Instrument [Line Items]                                        
Consolidated funded debt ratio   7.00%                                    
Lamont Street Preferred Interest [Member]                                        
Debt Instrument [Line Items]                                        
Long-term debt outstanding                       $ 600,000                
Description on extended redemption date                       September 30, 2024 and September 30, 2025                
Payment fee percentage, first extension option                       0.25%                
Payment fee percentage, second extension option                       0.50%                
Percentage of redemption fee of capital contribution returned                       0.50%                
Preferred Investor payments, description                       Additionally, at the Lamont Street Redemption Date, Lamont Street is entitled to (i) a redemption fee of 0.50% of the capital contributions returned and (ii) an amount equal to (a) the product of (i) the aggregate amount of capital contributions made and (ii) 0.26 less (b) the aggregate amount of Lamont Street Class A Return payments made to Lamont Street (the "Lamont Street Minimum Multiple Amount").                
Interest expense                     $ 1,000,000.0                  
Lamont Street Preferred Interest [Member] | Class A Units [Member]                                        
Debt Instrument [Line Items]                                        
Annual return percentage on initial capital contribution                       13.50%                
Cumulative annual return percentage, paid current                       10.00%                
Cumulative annual return percentage, accrued                       3.50%                
Lamont Street Preferred Interest [Member] | Class A Units [Member] | Highlandtown [Member]                                        
Debt Instrument [Line Items]                                        
Preferred investor, capital contribution       $ 3,900,000                                
Interest percentage in exchange of capital contribution       1.00%                                
Lamont Street Preferred Interest [Member] | Class A Units [Member] | Spotswood [Member]                                        
Debt Instrument [Line Items]                                        
Preferred investor, capital contribution     $ 3,900,000                                  
Interest percentage in exchange of capital contribution     1.00%                                  
Lamont Street Preferred Interest [Member] | Minimum [Member] | Highlandtown [Member]                                        
Debt Instrument [Line Items]                                        
Preferred investor approval rights, Minimum amount of capital expenditure to be incurred                       $ 100,000                
Lamont Street Preferred Interest [Member] | Minimum [Member] | Spotswood [Member]                                        
Debt Instrument [Line Items]                                        
Preferred investor approval rights, Minimum amount of capital expenditure to be incurred                       $ 100,000                
Hollinswood Loan [Member] | Interest Rate Cap [Member]                                        
Debt Instrument [Line Items]                                        
Debt instrument variable rate           4.06%                            
Hollinswood Loan [Member] | Interest Rate Swap [Member]                                        
Debt Instrument [Line Items]                                        
Long-term debt outstanding           $ 10,200,000                            
Debt instrument additional borrowing available           $ 3,000,000.0                            
Number of derivatives held | Derivative           2                            
Lamar Station Plaza East [Member]                                        
Debt Instrument [Line Items]                                        
Maturity date             Jul. 31, 2022                          
Lamar Station Plaza East [Member] | Maximum [Member]                                        
Debt Instrument [Line Items]                                        
Debt service coverage ratio                       1.15%         1.05%      
Lamar Station Plaza East [Member] | Maximum [Member] | Subsequent Event [Member]                                        
Debt Instrument [Line Items]                                        
Debt service coverage ratio 1.25%                                      
Lamar Station Plaza East [Member] | Minimum [Member]                                        
Debt Instrument [Line Items]                                        
Debt service coverage ratio                       1.00%         1.00%      
Lamar Station Plaza East [Member] | Minimum [Member] | Subsequent Event [Member]                                        
Debt Instrument [Line Items]                                        
Debt service coverage ratio 1.00%                                      
Vista Shops at Golden Mile Loan [Member]                                        
Debt Instrument [Line Items]                                        
Maturity date [6]                       Jun. 24, 2023                
Interest Rate [2],[6]                       3.83%                
Interest Rate               3.83%                        
Long Term Debt Net Of Discount [6]                 $ 8,902,000     $ 11,661,000 8,902,000              
Mortgage loan maturity period               2023-06                        
Principal balance of mortgage loan               $ 11,700,000                        
Payment of basis preferred interest               $ 1,900,000                        
Payment of accrued interest                     46,000                  
Payment to escrow account                     1,100,000                  
Debt instrument net of discount                 $ 0     $ 39,000 $ 0              
Vista Shops at Golden Mile Loan [Member] | Mortgage Loan [Member]                                        
Debt Instrument [Line Items]                                        
Maturity date                       Jan. 25, 2021                
Vista Shops at Golden Mile Loan [Member] | Sub-OP [Member]                                        
Debt Instrument [Line Items]                                        
Payment of basis preferred interest                     $ 750,000                  
Vista Shops at Golden Mile Loan [Member] | LIBOR [Member]                                        
Debt Instrument [Line Items]                                        
Debt instrument variable rate                       2.50%                
Greenwood Village [Member] | Interest Rate Swap [Member]                                        
Debt Instrument [Line Items]                                        
Interest Rate                       4.082%     4.082%          
[1] In March 2022, the Company entered into a six-month extension on the MVB Term Loan and MVB Revolver (each as defined below) as described under the heading "—MVB Loans."
[2] At December 31, 2021, the floating rate loans tied to LIBOR were based on the one-month LIBOR rate of 0.1%.
[3] If the Basis Term Loan is paid in full earlier than its maturity date, the Basis Preferred Interest in the Sub-OP (as defined below) will mature at that time.
[4] The outstanding balance includes approximately $0.8 million and $1.8 million of indebtedness as of December 31, 2021 and 2020, respectively, related to the Multiple Minimum Amount owed to the Preferred Investor as described below under the heading “—Basis Preferred Interest.”
[5] In June 2020, the Preferred Investor made additional capital contributions of approximately $2.9 million as described below under the heading “—Basis Preferred Interest of which $0.9 million was outstanding at
December 31, 2021. The Preferred Investor is entitled to a cumulative annual return of 13.0% on the additional contributions.
[6] The Company completed the refinance of this loan in March 2021 as described below under the heading “—Mortgage Indebtedness.” The prior loan matured on January 25, 2021 and carried an interest rate of LIBOR plus 2.5% per annum.