Note 7 - Commitments and Contingencies	9 Months Ended
Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 7 - Commitments and Contingencies Commitments The Company has terminated the merger agreement related to the Cypress Point property due to the performance of the property. Therefore, as of September 30, 2022, the Company had one remaining pending acquisition (related to the Lamar Station Plaza property) pursuant to the agreements and plans of merger that were originally entered into on May 28, 2019. At closing, the Company will issue an aggregate of 573,529 OP units as consideration for the acquisition. Until the closing of the acquisition, the Company will continue to manage the property and earn a management fee. Contingencies Impact of COVID-19 The Company continues to monitor and address risks related to the COVID-19 pandemic. Certain tenants experiencing economic difficulties during the pandemic have previously sought rent relief, which had been provided on a case-by-case basis primarily in the form of rent deferrals and, in more limited cases, in the form of rent abatements. Since April 2020, the Company has entered into lease modifications that deferred approximately $0.6 million and waived approximately $0.3 million of contractual revenue for rent that pertained to April 2020 through December 2021; the Company had no lease modifications related to COVID-19 during the nine months ended September 30, 2022. Approximately less than $0.1 million of the total deferred rent from all lease modifications since April 2020 remained outstanding and to be billed as of September 30, 2022 and has a weighted average payback period of approximately 27 months. As of November 14, 2022, the Company has given rent deferrals to 36 tenants (approximately 11.1% of the Company's total tenants) with one tenant still on a payment plan. Litigation From time to time, the Company or its properties may be subject to claims and suits in the ordinary course of business. The Company’s lessees and borrowers have indemnified, and are obligated to continue to indemnify, the Company against all liabilities arising from the operations of the properties and are further obligated to indemnify it against environmental or title problems affecting the real estate underlying such facilities. The Company is not aware of any pending or threatened litigation that, if resolved against the Company, would have a material adverse effect on its consolidated financial condition, results of operations or cash flows.

Note 7 - Commitments and Contingencies

9 Months Ended

Sep. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Note 7 - Commitments and Contingencies

Commitments

The Company has terminated the merger agreement related to the Cypress Point property due to the performance of the property. Therefore, as of September 30, 2022, the Company had one remaining pending acquisition (related to the Lamar Station Plaza property) pursuant to the agreements and plans of merger that were originally entered into on May 28, 2019. At closing, the Company will issue an aggregate of 573,529 OP units as consideration for the acquisition. Until the closing of the acquisition, the Company will continue to manage the property and earn a management fee.

Contingencies

Impact of COVID-19

The Company continues to monitor and address risks related to the COVID-19 pandemic. Certain tenants experiencing economic difficulties during the pandemic have previously sought rent relief, which had been provided on a case-by-case basis primarily in the form of rent deferrals and, in more limited cases, in the form of rent abatements. Since April 2020, the Company has entered into lease modifications that deferred approximately $0.6 million and waived approximately $0.3 million of contractual revenue for rent that pertained to April 2020 through December 2021; the Company had no lease modifications related to COVID-19 during the nine months ended September 30, 2022. Approximately less than $0.1 million of the total deferred rent from all lease modifications since April 2020 remained outstanding and to be billed as of September 30, 2022 and has a weighted average payback period of approximately 27 months. As of November 14, 2022, the Company has given rent deferrals to 36 tenants (approximately 11.1% of the Company's total tenants) with one tenant still on a payment plan.

Litigation

From time to time, the Company or its properties may be subject to claims and suits in the ordinary course of business. The Company’s lessees and borrowers have indemnified, and are obligated to continue to indemnify, the Company against all liabilities arising from the operations of the properties and are further obligated to indemnify it against environmental or title problems affecting the real estate underlying such facilities. The Company is not aware of any pending or threatened litigation that, if resolved against the Company, would have a material adverse effect on its consolidated financial condition, results of operations or cash flows.