XML 78 R68.htm IDEA: XBRL DOCUMENT v3.24.1
Note 10 - Equity (Details Textual)
$ / shares in Units, $ in Millions
12 Months Ended
Dec. 07, 2023
USD ($)
shares
Apr. 03, 2023
USD ($)
shares
Feb. 28, 2023
shares
Apr. 01, 2022
USD ($)
shares
Oct. 01, 2021
shares
Dec. 31, 2023
USD ($)
Property
$ / shares
shares
Dec. 31, 2022
USD ($)
$ / shares
shares
Jan. 02, 2024
shares
Oct. 23, 2023
shares
Oct. 03, 2023
shares
Sep. 30, 2023
shares
Jul. 03, 2023
shares
Jan. 03, 2023
shares
Nov. 23, 2022
$ / shares
shares
Nov. 22, 2022
$ / shares
shares
Jul. 01, 2022
shares
Jan. 03, 2022
shares
Sep. 15, 2021
shares
Jun. 04, 2021
$ / shares
shares
Class of Stock [Line Items]                                      
Common stock, shares issued           33,417,101 32,256,974                        
Common stock, shares authorized           300,000,000 50,000,000   300,000,000   50,000,000                
Number of real estate properties | Property           15                          
Preferred stock, shares authorized           1,000,000 1,000,000                        
Preferred stock, par value | $ / shares           $ 0.01 $ 0.01                        
Preferred stock, shares outstanding           500 500                        
Conversion price | $ / shares           $ 0.2                          
Common stock, shares par value | $ / shares           $ 0.01 $ 0.01                        
Granted to executives           697,393 138,262                        
Restricted Stock Units, Forfeited           21,856 21,987                        
2021 Lamont Warrants [Member]                                      
Class of Stock [Line Items]                                      
Warrants to purchase of common stock                                     200,000
Warrants to purchase of common stock, Exercise price | $ / shares                                     $ 2.5
Contractual life of warrants                                     4 years 3 months 18 days
Fortress Warrants [Member]                                      
Class of Stock [Line Items]                                      
Warrants to purchase of common stock                             2,560,000        
Warrants to purchase of common stock, Exercise price | $ / shares                             $ 0.01        
Contractual life of warrants                             10 years        
2022 Lamont Warrants [Member]                                      
Class of Stock [Line Items]                                      
Warrants to purchase of common stock                           500,000          
Warrants to purchase of common stock, Exercise price | $ / shares                           $ 0.01          
Contractual life of warrants                           5 years          
Series A Preferred Stock [Member]                                      
Class of Stock [Line Items]                                      
Preferred stock, shares authorized           20,000 20,000                        
Preferred stock, par value | $ / shares           $ 0.01                          
Preferred stock, shares outstanding           500 500                        
Preferred stock, dividend rate percentage           10.00%                          
Preferred stock, per share issuance price | $ / shares           $ 100                          
Director [Member]                                      
Class of Stock [Line Items]                                      
Common stock, shares issued   32,904   9,708           9,348   25,500 166,125       165,700    
Director One [Member]                                      
Class of Stock [Line Items]                                      
Common stock, shares issued                         16,125            
Executives [Member]                                      
Class of Stock [Line Items]                                      
Common stock, shares issued   254,839                                  
Percentage of bonus for cash payment   50.00%                                  
Subsequent Event [Member] | Director [Member]                                      
Class of Stock [Line Items]                                      
Common stock, shares issued               11,945                      
Minimum [Member]                                      
Class of Stock [Line Items]                                      
Percentage of RSUs granted to executives         0.00%                            
Maximum [Member]                                      
Class of Stock [Line Items]                                      
Percentage of RSUs granted to executives         300.00%                            
Maximum [Member] | Series A Preferred Stock [Member]                                      
Class of Stock [Line Items]                                      
Preferred dividends undeclared | $           $ 0.1                          
Restricted Stock Awards [Member]                                      
Class of Stock [Line Items]                                      
Shares surrendered to satisfy tax obligations           4,126 4,307                        
Compensation expense related to these share-based payments | $           $ 0.3 $ 0.2                        
Unrecognized costs from stock-based awards | $           $ 0.4                          
Unrecognized compensation cost recognition period           10 months 24 days                          
Value of award | $ $ 0.3 $ 0.3   $ 0.3                              
Restricted Stock Awards [Member] | Director [Member]                                      
Class of Stock [Line Items]                                      
Granted to executives 277,775                                    
Restricted Stock Awards [Member] | Employees [Member]                                      
Class of Stock [Line Items]                                      
Granted to executives   419,618   138,262                              
Restricted Stock Units [Member]                                      
Class of Stock [Line Items]                                      
Unrecognized costs from stock-based awards | $           $ 2.0                          
Unrecognized compensation cost recognition period           2 years                          
Restricted Stock Units, Forfeited     232,558                                
Restricted Stock Units [Member] | Employees [Member]                                      
Class of Stock [Line Items]                                      
Granted to executives         1,220,930                            
Restricted Stock Units [Member] | Minimum [Member]                                      
Class of Stock [Line Items]                                      
Percentage of number of units granted at vesting date that entitle recipients to shares of common stock           0.00%                          
Restricted Stock Units [Member] | Maximum [Member]                                      
Class of Stock [Line Items]                                      
Percentage of number of units granted at vesting date that entitle recipients to shares of common stock           300.00%                          
2020 Equity Incentive Plan [Member]                                      
Class of Stock [Line Items]                                      
Common stock shares available for issuance                                   1,500,000  
Common stock remaining shares available for future issuance           404,876                          
2020 Equity Incentive Plan [Member] | Minimum [Member]                                      
Class of Stock [Line Items]                                      
Common stock shares available for issuance                                   3,620,000  
2020 Equity Incentive Plan [Member] | Maximum [Member]                                      
Class of Stock [Line Items]                                      
Common stock shares available for issuance                                   5,120,000  
Operating Partnership [Member]                                      
Class of Stock [Line Items]                                      
Operating partnership percentage           85.70% 85.30%                        
Operating Partnership [Member] | Midtown Row [Member]                                      
Class of Stock [Line Items]                                      
Common OP units issued                           1          
OP Unit Redemption [Member]                                      
Class of Stock [Line Items]                                      
Common stock, shares issued       60,106                       36,064      
OP Unit Redemption [Member] | Operating Partnership [Member]                                      
Class of Stock [Line Items]                                      
Common stock, shares issued       60,106                       36,064      
Preferred OP Units [Member]                                      
Class of Stock [Line Items]                                      
Preferred OP unit issuance amount per unit | $ / shares                           $ 2          
Noncontrolling interest, description           The initial Preferred OP Unit Return was 12% per annum, comprised of a 5% Current Preferred OP Unit Return and a 7% Capitalized Preferred OP Unit Return. The Capitalized Preferred OP Unit Return increases each year by 1%. After November 23, 2027, the Preferred OP Unit Return will be 19% per annum, all payable in cash, and will increase an additional 3% each year thereafter. As of December 31, 2023, the Preferred OP Unit Return was 13% per annum, comprised of a 5% Current Preferred OP Unit Return and an 8% Capitalized Preferred OP Unit Return.                          
Preferred OP Units [Member] | Operating Partnership [Member] | Midtown Row [Member]                                      
Class of Stock [Line Items]                                      
Preferred OP units issued                           1,842,917          
Common OP Units [Member] | Operating Partnership [Member] | Midtown Row [Member]                                      
Class of Stock [Line Items]                                      
Common OP units issued                           448,180          
Common OP Units [Member] | Operating Partnership [Member] | Lamar Station Plaza West [Member]                                      
Class of Stock [Line Items]                                      
Common OP units issued                           573,529