XML 54 R44.htm IDEA: XBRL DOCUMENT v3.23.3
Note 7 - Mortgage and Other Indebtedness - Schedule of Debt Balance (Parenthetical) (Details) - USD ($)
$ in Thousands
1 Months Ended 9 Months Ended
May 05, 2023
May 01, 2023
Jan. 01, 2023
Dec. 31, 2019
Sep. 30, 2023
Jul. 03, 2023
Dec. 31, 2022
Nov. 23, 2022
Aug. 01, 2022
Oct. 06, 2021
Debt Instrument [Line Items]                    
Balance outstanding         $ 235,255   $ 269,474      
Unamortized deferred financing costs         (1,810)   (1,858)      
Mortgage and other indebtedness related to real estate held for sale, net         (233,445)   (267,616)      
Exit Fees Outstanding         $ 200   300      
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         $ 11   79      
Debt instrument variable rate         8.62%          
Maturity date         Jan. 01, 2024          
Balance outstanding [1]         $ 35,335   $ 67,086      
Interest rate of loan           8.62%        
Basis Term Loan [Member] | Maximum [Member]                    
Debt Instrument [Line Items]                    
Debt instrument variable rate       6.125% 6.125%          
Basis Term Loan [Member] | Interest Rate Cap [Member]                    
Debt Instrument [Line Items]                    
Interest rate of loan         8.62%   6.125%      
Basis Term Loan [Member] | Interest Rate Cap [Member] | Maximum [Member]                    
Debt Instrument [Line Items]                    
Debt instrument variable rate     6.125%              
Basis Term Loan [Member] | SOFR [Member]                    
Debt Instrument [Line Items]                    
Debt instrument variable rate       3.97% 3.97%          
Basis Term Loan [Member] | SOFR [Member] | Interest Rate Cap [Member]                    
Debt Instrument [Line Items]                    
Debt instrument variable rate     3.97%              
Debt instrument variable rate               4.65% 3.50%  
Vista Shops at Golden Mile Loan [Member]                    
Debt Instrument [Line Items]                    
Debt instrument net of discount         $ 0   $ 12      
Debt instrument variable rate [2]         3.83%          
Maturity date [2]         Jun. 24, 2024          
Balance outstanding [2]         $ 11,296   11,478      
Crestview Shopping Center Loan [Member]                    
Debt Instrument [Line Items]                    
Debt instrument net of discount         $ 60   0      
Debt instrument variable rate         7.83%          
Maturity date         Sep. 29, 2026          
Balance outstanding         $ 11,940          
Lamar Station Plaza West Loan [Member]                    
Debt Instrument [Line Items]                    
Debt instrument net of discount         $ 78   95      
Debt instrument variable rate         5.67%          
Maturity date         Dec. 10, 2027          
Balance outstanding         $ 18,334   18,317      
Lamont Street Preferred Interest [Member]                    
Debt Instrument [Line Items]                    
Debt instrument net of discount         $ 0   29      
Debt instrument variable rate [3]         13.50%          
Maturity date [3]         Sep. 30, 2023          
Balance outstanding [3]             4,241      
Highlandtown Village Shopping Center Loan [Member]                    
Debt Instrument [Line Items]                    
Debt instrument net of discount         $ 40   14      
Debt instrument variable rate         4.13%          
Debt instrument variable rate [4]         6.085%          
Maturity date May 10, 2028       May 10, 2028 [4]          
Balance outstanding [4]         $ 8,710   5,241      
Highlandtown Village Shopping Center Loan [Member] | Interest Rate Swap [Member]                    
Debt Instrument [Line Items]                    
Debt instrument variable rate 6.085%                  
Cromwell Field Shopping Center Loan [Member]                    
Debt Instrument [Line Items]                    
Debt instrument net of discount         $ 64   77      
Debt instrument variable rate         6.71%          
Maturity date         Dec. 22, 2027          
Balance outstanding         $ 10,400   10,113      
Midtown Row Loan [Member]                    
Debt Instrument [Line Items]                    
Debt instrument net of discount         $ 22   25      
Debt instrument variable rate         6.48%          
Maturity date         Dec. 01, 2027          
Balance outstanding         $ 75,978   75,975      
Greenwood Village [Member] | Mortgage Loan [Member]                    
Debt Instrument [Line Items]                    
Interest rate of loan   5.85%                
Greenwood Village [Member] | Prime Rate [Member] | Mortgage Loan [Member]                    
Debt Instrument [Line Items]                    
Debt instrument variable rate                   0.35%
Greenwood Village [Member] | Interest Rate Swap [Member]                    
Debt Instrument [Line Items]                    
Interest rate of loan                   4.082%
Greenwood Village [Member] | SOFR [Member]                    
Debt Instrument [Line Items]                    
Debt instrument variable rate   2.85%                
Interest rate of loan   5.85%                
Greenwood Village [Member] | SOFR [Member] | Mortgage Loan [Member]                    
Debt Instrument [Line Items]                    
Debt instrument variable rate   2.85%                
Spotswood Valley Square Shopping Center Loan [Member]                    
Debt Instrument [Line Items]                    
Debt instrument net of discount         $ 0   31      
Debt instrument variable rate         4.82%          
Maturity date         Jul. 06, 2023          
Balance outstanding             11,849      
Lamont Street Minimum Multiple Amount [Member]                    
Debt Instrument [Line Items]                    
Balance outstanding             300      
The Shops at Greenwood Village [Member]                    
Debt Instrument [Line Items]                    
Debt instrument net of discount         $ 85   94      
Debt instrument variable rate         5.85%          
Maturity date         Oct. 10, 2028          
Balance outstanding         $ 22,358   $ 22,772      
[1] The outstanding balance includes $0.2 million and $0.3 million of exit fees at September 30, 2023 and December 31, 2022, respectively.
[2] On June 28, 2023, the Company entered into an agreement to extend the maturity date of this loan to June 24, 2024.
[3] The outstanding balance includes approximately $0.3 million of indebtedness as of December 31, 2022 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.
[4] On May 5, 2023, the Company refinanced the Highlandtown Village Shopping Center Loan to extend the maturity date to May 10, 2028 and entered into an interest rate swap which fixes the interest rate of the new loan at 6.085% as described below under the heading “Mortgage Indebtedness”. The prior loan carried an interest rate of 4.13%.