Note 3 - Real Estate (Tables)

3 Months Ended

Mar. 31, 2024

Real Estate [Abstract]

Summary of Geographic Concentration of Properties

The following table contains information regarding the geographic concentration of the properties in the Company’s portfolio as of March 31, 2024, which includes rental income for the three months ended March 31, 2024 and 2023.

(dollars in thousands)	Number of Properties	Gross Real Estate Assets		Percentage of Total Real Estate Assets			Rental income for the three months ended March 31,
Location	March 31, 2024	March 31, 2024		March 31, 2024			2024		2023
Maryland	6	$	102,282		27.3	%	$	3,074	$	3,150
Virginia (1)	5		198,900		53.1	%		3,965		4,222
Pennsylvania (2)	―		—		—			—		683
Washington D.C.	1		8,422		2.2	%		183		182
Colorado	3		65,164		17.4	%		2,289		1,971
	15	$	374,768		100.0	%	$	9,511	$	10,208

(1)Rental income includes Spotswood Valley Square Shopping Center, which was sold on June 30, 2023 and had rental income of $0.6 million for the three months ended March 31, 2023.

Rental income related solely to Dekalb Plaza, which was sold on July 20, 2023.