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Note 6 - Mortgage and Other Indebtedness - Schedule of Debt Balance (Parenthetical) (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Aug. 01, 2022
Dec. 27, 2019
Jul. 31, 2021
Jun. 30, 2020
Oct. 17, 2022
Jun. 30, 2022
Dec. 31, 2021
Oct. 06, 2021
Mar. 31, 2021
Debt Instrument [Line Items]                  
Debt instrument net of discount           $ 600 $ 1,000    
Balance outstanding           $ 180,032 180,097    
MVB Revolver [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate [1]           6.75%      
Balance outstanding           $ 1,076 1,404    
Maturity Date [2]           Jun. 27, 2023      
Sub-OP [Member]                  
Debt Instrument [Line Items]                  
Preferred investor, additional capital contribution       $ 2,900          
Preferred investor, additional capital contribution outstanding           $ 900      
LIBOR [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate           1.79%      
Prime Rate [Member] | Mortgage Loan [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate               0.35%  
Prime Rate [Member] | MVB Revolver [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate           1.50%      
Interest Rate Swap [Member] | Hollinswood Loan [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate           4.06%      
Basis Term Loan [Member]                  
Debt Instrument [Line Items]                  
Debt instrument net of discount           $ 187 373    
Debt instrument variable rate [1]           6.125%      
Balance outstanding           $ 66,997 66,811    
Maturity Date           Jan. 01, 2023      
Basis Term Loan [Member] | Interest Rate Cap [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate   6.125%              
Basis Term Loan [Member] | LIBOR [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate           3.97%      
Basis Term Loan [Member] | LIBOR [Member] | Interest Rate Cap [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate 3.50% 3.97%              
Basis Preferred Interest [Member]                  
Debt Instrument [Line Items]                  
Debt instrument net of discount           $ 37 75    
Debt instrument variable rate [3]           14.00%      
Balance outstanding [4]           $ 8,111 8,560    
Maturity Date [5]           Jan. 01, 2023      
Vista Shops at Golden Mile Loan [Member]                  
Debt Instrument [Line Items]                  
Debt instrument net of discount           $ 25 39    
Debt instrument variable rate           3.83% [1],[6]     3.83%
Balance outstanding [6]           $ 11,606 11,661    
Maturity Date [6]           Jun. 24, 2023      
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] | LIBOR [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate           2.50%      
Lamar Station Plaza East Loan [Member]                  
Debt Instrument [Line Items]                  
Debt instrument net of discount           $ 1 8    
Debt instrument variable rate [1]           4.79%      
Balance outstanding           $ 3,515 3,507    
Maturity Date [7]           Oct. 17, 2022      
Lamar Station Plaza East Loan [Member] | Subsequent Event [Member]                  
Debt Instrument [Line Items]                  
Maturity Date         Oct. 17, 2022        
Lamar Station Plaza East Loan [Member] | Mortgage Loan [Member]                  
Debt Instrument [Line Items]                  
Maturity Date           Jul. 17, 2022      
Lamar Station Plaza East Loan [Member] | LIBOR [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate           3.00%      
Lamar Station Plaza East Loan [Member] | LIBOR [Member] | Minimum [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate           1.00%      
Lamont Street Preferred Interest [Member]                  
Debt Instrument [Line Items]                  
Debt instrument net of discount           $ 48 67    
Debt instrument variable rate [1],[8]           13.50%      
Balance outstanding [8]           $ 4,256 4,498    
Maturity Date [8]           Sep. 30, 2023      
Highlandtown Village Shopping Center Loan [Member]                  
Debt Instrument [Line Items]                  
Debt instrument net of discount           $ 29 46    
Debt instrument variable rate [1]           4.13%      
Balance outstanding           $ 5,304 5,364    
Maturity Date           May 06, 2023      
Cromwell Field Shopping Center Loan [Member]                  
Debt Instrument [Line Items]                  
Debt instrument net of discount           $ 62 144    
Debt instrument variable rate [1]           7.19%      
Balance outstanding           $ 12,331 12,249    
Maturity Date           Nov. 15, 2022      
Cromwell Field Shopping Center Loan [Member] | LIBOR [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate           5.40%      
Cromwell Field Shopping Center Loan [Member] | LIBOR [Member] | Minimum [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate           0.50%      
Cromwell Field Shopping Center Mezzanine Loan [Member]                  
Debt Instrument [Line Items]                  
Debt instrument net of discount           $ 8 18    
Debt instrument variable rate [1]           10.00%      
Balance outstanding           $ 1,522 1,512    
Maturity Date           Nov. 15, 2022      
Spotswood Valley Square Shopping Center Loan [Member]                  
Debt Instrument [Line Items]                  
Debt instrument net of discount           $ 63 94    
Debt instrument variable rate [1]           4.82%      
Balance outstanding           $ 11,975 12,100    
Maturity Date           Jul. 06, 2023      
Hollinswood Loan [Member] | Interest Rate Cap [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate   4.06%              
Brookhill Azalea Shopping Center Loan [Member]                  
Debt Instrument [Line Items]                  
Debt instrument variable rate [1]           4.54%      
Balance outstanding           $ 8,840 9,034    
Maturity Date           Jan. 31, 2025      
Basis Preferred Interest Minimum Multiple Amount [Member]                  
Debt Instrument [Line Items]                  
Balance outstanding           $ 300 800    
Other Capital Contribution [Member] | Sub-OP [Member]                  
Debt Instrument [Line Items]                  
Preferred units, cumulative annual return       13.00%          
Lamar Station Plaza East [Member]                  
Debt Instrument [Line Items]                  
Maturity Date     Jul. 31, 2022            
Lamar Station Plaza East [Member] | Subsequent Event [Member]                  
Debt Instrument [Line Items]                  
Maturity Date         Oct. 17, 2022        
Lamont Street Minimum Multiple Amount [Member]                  
Debt Instrument [Line Items]                  
Balance outstanding           400      
The Shops at Greenwood Village [Member]                  
Debt Instrument [Line Items]                  
Debt instrument net of discount           $ 105 114    
Debt instrument variable rate [1]           4.08%      
Balance outstanding           $ 23,035 $ 23,296    
Maturity Date           Oct. 10, 2028      
[1] At June 30, 2022, the floating rate loans tied to LIBOR were based on the one-month LIBOR rate of 1.79%.
[2] In March 2022, the Company entered into a six-month extension on the MVB Term Loan and the MVB Revolver as described under the heading “—MVB Loans.”
[3] 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 approximately $0.9 million was outstanding at June 30, 2022. The Preferred Investor is entitled to a cumulative annual return of 13.0% on the additional contributions.
[4] The outstanding balance includes approximately $0.3 million and $0.8 million of indebtedness as of June 30, 2022 and December 31, 2021, respectively, related to the Minimum Multiple Amount (as defined below) owed to the Preferred Investor as described below under the heading “—Basis Preferred Interest”.
[5] If the Basis Term Loan is paid in full earlier than its maturity date, the Basis Preferred Interest in the Sub-OP will mature at that time.
[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.
[7] As of June 30, 2022, the maturity date of the Lamar Station Plaza East loan was July 17, 2022. In August 2022, the Company entered into a modification to the Lamar Station Plaza East loan to extend the maturity date to October 17, 2022, effective July 17, 2022, as described below under the heading “—Mortgage Indebtedness”.
[8] The outstanding balance includes approximately $0.4 million of indebtedness as of June 30, 2022 related to the Lamont Street Minimum Multiple Amount (as defined below) owed to Lamont Street (as defined below) as described below under the heading “—Lamont Street Preferred Interest”.