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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 12 Months Ended
Nov. 23, 2022
Jun. 16, 2020
Dec. 27, 2019
Jun. 30, 2020
Dec. 31, 2019
Oct. 17, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 22, 2022
Aug. 01, 2022
Oct. 06, 2021
Mar. 31, 2021
Debt Instrument [Line Items]                        
Debt instrument net of discount             $ 400 $ 1,000        
Exit fees outstanding             300          
Balance outstanding             269,474 180,097        
Balance outstanding             $ 267,152          
MVB Revolver [Member]                        
Debt Instrument [Line Items]                        
Interest Rate             7.75%          
Maturity date [1]             Jun. 27, 2023          
Balance outstanding             $ 0 1,404        
MVB Revolver [Member] | Minimum [Member]                        
Debt Instrument [Line Items]                        
Interest Rate             6.75%          
Sub-OP [Member]                        
Debt Instrument [Line Items]                        
Preferred investor, additional capital contribution   $ 2,900   $ 2,900                
Preferred Units Contributed Capital Outstanding               900        
LIBOR [Member]                        
Debt Instrument [Line Items]                        
Debt instrument variable rate             4.39%          
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]                        
Interest Rate             4.06%          
Mortgage Loan [Member] | Prime Rate [Member]                        
Debt Instrument [Line Items]                        
Interest Rate                     0.35%  
Mortgage Loan [Member] | Interest Rate Swap [Member]                        
Debt Instrument [Line Items]                        
Interest Rate                     4.082%  
Basis Term Loan [Member]                        
Debt Instrument [Line Items]                        
Debt instrument net of discount             $ 79 373        
Interest Rate             6.125%          
Maturity date             Jan. 01, 2024          
Balance outstanding             $ 67,086 [2] $ 66,811        
Balance outstanding             $ 66,900          
Basis Term Loan [Member] | Sub-OP [Member]                        
Debt Instrument [Line Items]                        
Preferred investor, additional capital contribution   2,400                    
Basis Term Loan [Member] | SOFR [Member]                        
Debt Instrument [Line Items]                        
Debt instrument variable rate             3.97%          
Basis Term Loan [Member] | Interest Rate Cap [Member]                        
Debt Instrument [Line Items]                        
Debt instrument variable rate     6.125%       6.125% 6.125%        
Basis Term Loan [Member] | Interest Rate Cap [Member] | LIBOR [Member]                        
Debt Instrument [Line Items]                        
Interest rate of loan     3.50%                  
Basis Term Loan [Member] | Interest Rate Cap [Member] | SOFR [Member]                        
Debt Instrument [Line Items]                        
Debt instrument variable rate 4.65%   3.97%                  
Debt instrument variable rate 4.65%                 3.50%    
Interest rate of loan 4.65%                      
Basis Preferred Interest [Member]                        
Debt Instrument [Line Items]                        
Debt instrument net of discount             $ 0 $ 75        
Interest Rate [3],[4]             14.00%          
Maturity date [4],[5]             Jan. 01, 2023          
Balance outstanding [4]             $ 0 8,560        
Basis Preferred Interest [Member] | Sub-OP [Member]                        
Debt Instrument [Line Items]                        
Balance outstanding               800        
Vista Shops at Golden Mile Loan [Member]                        
Debt Instrument [Line Items]                        
Debt instrument net of discount             $ 12 39        
Interest Rate             3.83% [6]         3.83%
Maturity date [6]             Jun. 24, 2023          
Balance outstanding [6]             $ 11,478 11,661        
Vista Shops at Golden Mile Loan [Member] | LIBOR [Member]                        
Debt Instrument [Line Items]                        
Debt instrument variable rate             2.50%          
Vista Shops at Golden Mile Loan [Member] | Mortgage Loan [Member]                        
Debt Instrument [Line Items]                        
Maturity date             Jan. 25, 2021          
Lamar Station Plaza East Loan [Member]                        
Debt Instrument [Line Items]                        
Debt instrument net of discount             $ 0 8        
Interest Rate             6.14%          
Maturity date           Oct. 17, 2022 Oct. 17, 2022 [7]          
Balance outstanding             $ 0 3,507        
Lamar Station Plaza East Loan [Member] | SOFR [Member]                        
Debt Instrument [Line Items]                        
Debt instrument variable rate         3.97%              
Lamar Station Plaza West Loan [Member]                        
Debt Instrument [Line Items]                        
Debt instrument net of discount             $ 95 0        
Interest Rate             5.67%          
Maturity date             Dec. 10, 2027          
Balance outstanding             $ 18,317 0        
Lamont Street Preferred Interest [Member]                        
Debt Instrument [Line Items]                        
Debt instrument net of discount             $ 29 67        
Interest Rate [8]             13.50%          
Maturity date [8]             Sep. 30, 2023          
Balance outstanding [8]             $ 4,241 4,498        
Highlandtown Village Shopping Center Loan [Member]                        
Debt Instrument [Line Items]                        
Debt instrument net of discount             $ 14 46        
Interest Rate             4.13%          
Maturity date             May 06, 2023          
Balance outstanding             $ 5,241 5,364        
Cromwell Field Shopping Center Loan [Member]                        
Debt Instrument [Line Items]                        
Debt instrument net of discount             $ 77 144        
Interest Rate             6.71%   6.71%      
Maturity date [9]             Dec. 22, 2027          
Balance outstanding             $ 10,113 12,249        
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             $ 0 18        
Interest Rate             10.00%          
Maturity date [9],[10]             Dec. 31, 2022          
Balance outstanding             $ 0 1,512        
Midtown Row Loan [Member]                        
Debt Instrument [Line Items]                        
Debt instrument net of discount             $ 25 0        
Interest Rate             6.48%          
Maturity date             Dec. 01, 2027          
Balance outstanding             $ 75,975 0        
Midtown Row Mezzanine Loan [Member]                        
Debt Instrument [Line Items]                        
Interest Rate             12.00%          
Maturity date             Dec. 01, 2027          
Balance outstanding             $ 17,895 [11] 0        
Spotswood Valley Square Shopping Center Loan [Member]                        
Debt Instrument [Line Items]                        
Debt instrument net of discount             $ 31 94        
Interest Rate             4.82%          
Maturity date             Jul. 06, 2023          
Balance outstanding             $ 11,849 12,100        
The Shops at Greenwood Village [Member]                        
Debt Instrument [Line Items]                        
Debt instrument net of discount             $ 94 114        
Interest Rate             4.08%          
Maturity date             Oct. 10, 2028          
Balance outstanding             $ 22,772 23,296        
Basis Preferred Interest Minimum Multiple Amount [Member]                        
Debt Instrument [Line Items]                        
Balance outstanding               800        
Other Capital Contribution [Member] | Sub-OP [Member]                        
Debt Instrument [Line Items]                        
Preferred investor, additional capital contribution   $ 500                    
Preferred units, cumulative annual return   13.00%   13.00%                
Lamont Street Minimum Multiple Amount [Member]                        
Debt Instrument [Line Items]                        
Balance outstanding             $ 300 $ 600        
Greenwood Village [Member] | Interest Rate Swap [Member]                        
Debt Instrument [Line Items]                        
Interest rate of loan             4.082%          
[1] In March 2022, the Company entered into a six-month extension on the MVB Term Loan and the MVB Revolver (each as defined below) as described under the heading "—MVB Loans." The Company repaid the MVB Term Loan and MVB Revolver on November 23, 2022 with proceeds from the Preferred Equity Investment.
[2] The outstanding balance includes $0.3 million of exit fees as of December 31, 2022.
[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 December 31, 2021. The Preferred Investor was entitled to a cumulative annual return of 13.0% on the additional contributions.
[4] The outstanding balance included approximately $0.8 million of indebtedness as of December 31, 2021 related to the Minimum Multiple Amount (as defined below) owed to the Preferred Investor as described below under the heading “—Basis Preferred Interest.” The Basis Preferred Interest was repaid on November 23, 2022 with proceeds from the Preferred Equity Investment.
[5] If the Basis Term Loan was paid in full earlier than its maturity date, the Basis Preferred Interest in the Sub-OP (as defined below) would have matured 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] 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". The Lamar Station Plaza East loan was repaid on November 23, 2022 with proceeds from the Preferred Equity Investment.
[8] The outstanding balances include approximately $0.3 million and $0.6 million of indebtedness as of December 31, 2022 and 2021, respectively, related to the Lamont Street Minimum Multiple Amount (as defined below) owed to Lamont Street as described below under the heading "—Lamont Street Preferred Interest."
[9] On November 9, 2022, the Company entered into a modification to the Cromwell Field Shopping Center mortgage and mezzanine loans to extend the maturity dates to December 31, 2022. In December 2022, the Company refinanced the Cromwell Field Shopping Center mortgage.
[10] On December 2022, the Company repaid the Cromwell Field Shopping Center Mezzanine loan.
[11] The outstanding balance reflects the fair value of the debt.