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Note 10 - Revenues (Tables)
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Revenues

The following tables represents a disaggregation of revenues from contracts with customers for the years ended December 31, 2022 and 2021 by type of service:

 

 

 

 

 

Year Ended December 31,

 

(in thousands)

 

Topic 606
Revenue Recognition

 

2022

 

 

2021

 

Topic 606 Revenues

 

 

 

 

 

 

 

 

Leasing commissions

 

Point in time

 

$

1,767

 

 

$

2,406

 

Property and asset management fees

 

Over time

 

 

299

 

 

 

591

 

Sales commissions

 

Point in time

 

 

756

 

 

 

430

 

Development fees

 

Over time

 

 

 

 

 

264

 

Engineering services

 

Over time

 

 

178

 

 

 

250

 

Topic 606 Revenue

 

 

 

 

3,000

 

 

 

3,941

 

Out of Scope of Topic 606 revenue

 

 

 

 

 

 

 

 

Rental income

 

 

 

 

29,871

 

 

 

21,408

 

Sublease income

 

 

 

 

80

 

 

 

 

Total Out of Scope of Topic 606 revenue

 

 

 

 

29,951

 

 

 

21,408

 

Total Revenue

 

 

 

$

32,951

 

 

$

25,349

 

Summary of Minimum Cash Rental Payments Due in Future Periods Under Executed Non-cancelable Operating Leases

Minimum cash rental payments due to the Company in future periods under executed non-cancelable operating leases in place for the Company’s properties as of December 31, 2022 are as follows:

 

(in thousands)

 

 

 

For the year ending December 31:

 

 

 

2023

 

$

28,227

 

2024

 

 

23,298

 

2025

 

 

20,994

 

2026

 

 

17,706

 

2027

 

 

14,887

 

Thereafter

 

 

49,674

 

Total

 

$

154,786