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Note 6 - Mortgage and Other Indebtedness - (Details Textual)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Jun. 04, 2021
USD ($)
May 21, 2021
USD ($)
Jun. 16, 2020
USD ($)
Capital
Dec. 27, 2019
USD ($)
Derivative
Jul. 31, 2021
Mar. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Jun. 30, 2020
USD ($)
Dec. 31, 2019
USD ($)
Subsidiary
Sep. 30, 2021
USD ($)
Jun. 30, 2021
USD ($)
Sep. 30, 2020
USD ($)
Sep. 30, 2021
USD ($)
Sep. 30, 2020
USD ($)
Dec. 31, 2020
USD ($)
Mar. 31, 2022
Dec. 31, 2021
Oct. 06, 2021
USD ($)
Oct. 01, 2021
USD ($)
Mar. 18, 2021
USD ($)
Apr. 20, 2020
USD ($)
Debt Instrument [Line Items]                                          
Long-term debt outstanding                   $ 159,441,000     $ 159,441,000                
Repayments of debt                         12,734,000 $ 3,087,000              
Interest expense                   2,387,000   $ 1,722,000 7,346,000 4,913,000              
Balance outstanding                   159,441,000     159,441,000                
Principal balance of mortgage loan             $ 122,060,000     157,361,000     157,361,000   $ 122,060,000            
Deferred financing costs, gross             1,400,000     1,900,000     1,900,000   1,400,000            
Deferred financing costs, net             900,000     1,000,000.0     1,000,000.0   900,000            
Debt discounts, gross             1,400,000     2,000,000.0     2,000,000.0   1,400,000            
Debt instrument net of discount             $ 900,000     $ 1,100,000     1,100,000   $ 900,000            
Income (expenses) related to fair value adjustments on derivatives                         $ 300,000 (700,000)              
MVB Revolver [Member]                                          
Debt Instrument [Line Items]                                          
Maturity date                         Dec. 27, 2021   Dec. 27, 2021            
Interest Rate [1]             6.75%     6.75%     6.75%   6.75%            
Mortgages [Member]                                          
Debt Instrument [Line Items]                                          
Outstanding mortgage indebtedness                         $ 71,800,000   $ 38,100,000            
Mortgage Loan [Member]                                          
Debt Instrument [Line Items]                                          
Mortgage loan maturity period                         2028-10                
PPP Loan [Member]                                          
Debt Instrument [Line Items]                                          
Unsecured loan                                         $ 800,000
Second PPP Loan [Member]                                          
Debt Instrument [Line Items]                                          
Unsecured loan                                       $ 800,000  
Subsequent Event [Member] | Mortgage Loan [Member]                                          
Debt Instrument [Line Items]                                          
Mortgage loan secured by the property                                   $ 23,500,000      
Sub-OP [Member]                                          
Debt Instrument [Line Items]                                          
Number of additional capital contribution from preferred investor | Capital     2                                    
Preferred investor, additional capital contribution     $ 2,900,000         $ 2,900,000                          
Proceeds from refinance to repayment     750,000                                    
Preferred investor, additional available capital contribution     300,000                                    
Sub-OP [Member] | Subsequent Event [Member]                                          
Debt Instrument [Line Items]                                          
Preferred investor, additional available capital contribution                                     $ 1,000,000.0    
Preferred units remaining contributed capital                                     $ 0    
LIBOR [Member]                                          
Debt Instrument [Line Items]                                          
Debt instrument variable rate                         0.08%                
Prime Rate [Member] | MVB Revolver [Member]                                          
Debt Instrument [Line Items]                                          
Debt instrument variable rate                         1.50%                
Prime Rate [Member] | Subsequent Event [Member] | Mortgage Loan [Member]                                          
Debt Instrument [Line Items]                                          
Interest Rate                                   0.35%      
Interest Rate Swap [Member]                                          
Debt Instrument [Line Items]                                          
Fair value of interest rate swap liability             $ 700,000     $ 500,000     $ 500,000   700,000            
Interest Rate Swap [Member] | Accounts Payable and Accrued Expenses [Member]                                          
Debt Instrument [Line Items]                                          
Fair value of interest rate swap liability             700,000     500,000     500,000   700,000            
Interest Rate Swap [Member] | Subsequent Event [Member] | Mortgage Loan [Member]                                          
Debt Instrument [Line Items]                                          
Interest Rate                                   4.082%      
Maximum [Member]                                          
Debt Instrument [Line Items]                                          
Deferred financing costs, amortization expense                   400,000   200,000 900,000 $ 700,000              
Income (expenses) related to fair value adjustments on derivatives                   100,000   $ 100,000                  
Maximum [Member] | Interest Rate Cap [Member]                                          
Debt Instrument [Line Items]                                          
Fair value of interest rate cap assets             100,000     100,000     100,000   100,000            
Maximum [Member] | Interest Rate Cap [Member] | Other Assets, Net [Member]                                          
Debt Instrument [Line Items]                                          
Fair value of interest rate cap assets             $ 100,000     $ 100,000     $ 100,000   $ 100,000            
Basis Term Loan [Member]                                          
Debt Instrument [Line Items]                                          
Number of subsidiaries as borrowers entered in loan agreement | Subsidiary                 6                        
Maturity date                 Jan. 01, 2023       Jan. 01, 2023   Jan. 01, 2023            
Maturity date description                         The Basis Term Loan matures on January 1, 2023, subject to two one-year extension options, subject to certain conditions.                
Interest Rate             6.125% [1]   6.125% 6.125% [1]     6.125% [1]   6.125% [1]            
Long-term debt outstanding                   $ 66,900,000     $ 66,900,000                
Balance outstanding                   66,900,000     66,900,000                
Debt instrument net of discount             $ 745,000     $ 466,000     $ 466,000   $ 745,000            
Basis Term Loan [Member] | Sub-OP [Member]                                          
Debt Instrument [Line Items]                                          
Preferred investor, additional capital contribution     2,400,000                                    
Basis Term Loan [Member] | LIBOR [Member]                                          
Debt Instrument [Line Items]                                          
Debt instrument variable rate                 3.85%       3.85%                
Basis Term Loan [Member] | Interest Rate Cap [Member]                                          
Debt Instrument [Line Items]                                          
Long-term debt amount       $ 66,900,000                                  
Debt instrument variable rate       6.125%                                  
Basis Term Loan [Member] | Interest Rate Cap [Member] | LIBOR [Member]                                          
Debt Instrument [Line Items]                                          
Debt instrument variable rate       3.85%                 3.50%                
Derivative variable rate                 3.50%                        
Debt instrument, effective interest rate       3.50%                                  
Basis Term Loan [Member] | Maximum [Member]                                          
Debt Instrument [Line Items]                                          
Long-term debt amount                 $ 66,900,000                        
Basis Preferred Interest [Member]                                          
Debt Instrument [Line Items]                                          
Maturity date [2],[3]                         Jan. 01, 2023   Jan. 01, 2023            
Interest Rate [1],[3],[4]             14.00%     14.00%     14.00%   14.00%            
Debt instrument net of discount             $ 150,000     $ 94,000     $ 94,000   $ 150,000            
Basis Preferred Interest [Member] | Sub-OP [Member]                                          
Debt Instrument [Line Items]                                          
Preferred investor investment commitment amount                 $ 10,700,000                        
Preferred investor, capital contribution                         $ 6,900,000                
Annual return percentage on initial capital contribution                 14.00%                        
Interest percentage on excess of commitment amount                 20.00%                        
Description on extended redemption date                         December 31, 2023 and December 31, 2024                
Payment fee percentage, first extension option                 0.25%                        
Payment fee percentage, second extension option                 0.50%                        
Preferred Investor payments, description                         Additionally, at the Redemption Date, the Preferred Investor is entitled to an amount equal to (a) the product of (i) the aggregate amount of capital contributions made and (ii) 0.4, less (b) the aggregate amount of Class A return payments made to the Preferred Investor (the “Minimum Multiple Amount”).                
Basis Preferred Interest [Member] | Sub-OP [Member] | Class A Units [Member]                                          
Debt Instrument [Line Items]                                          
Interest percentage in exchange of capital contribution                         1.00%                
Basis Preferred Interest [Member] | Maximum [Member]                                          
Debt Instrument [Line Items]                                          
Preferred investor investment commitment amount                 $ 10,700,000                        
Basis Preferred Interest Minimum Multiple Amount [Member]                                          
Debt Instrument [Line Items]                                          
Long-term debt outstanding             1,800,000     1,000,000.0     $ 1,000,000.0   1,800,000            
Balance outstanding             $ 1,800,000     1,000,000.0     1,000,000.0   $ 1,800,000            
Basis Preferred Interest Minimum Multiple Amount [Member] | Sub-OP [Member]                                          
Debt Instrument [Line Items]                                          
Long-term debt outstanding                   1,000,000.0     1,000,000.0                
Balance outstanding                   $ 1,000,000.0     1,000,000.0                
Other Capital Contribution [Member] | Sub-OP [Member]                                          
Debt Instrument [Line Items]                                          
Preferred investor, additional capital contribution     $ 500,000                                    
Preferred units, cumulative annual return     13.00%         13.00%                          
MVB Loan Agreement [Member]                                          
Debt Instrument [Line Items]                                          
Long-term debt outstanding                 6,500,000                        
Loan agreement deposit requirement                         $ 3,000,000.0                
Loan agreement deposit requirement default interest charges percentage                         1.00%                
Balance outstanding                 $ 6,500,000                        
MVB Loan Agreement [Member] | MVB Revolver [Member]                                          
Debt Instrument [Line Items]                                          
Maturity date           Dec. 27, 2022 Dec. 27, 2021   Dec. 27, 2020       Dec. 27, 2022                
Interest Rate                   6.75%     6.75%                
Long-term debt outstanding                 $ 2,000,000.0                        
Line of credit facility, periodic payment required           $ 250,000 $ 250,000                            
Repayments of debt           $ 250,000                              
Line of credit facility, payments term           10 years 10 years                            
Balance outstanding                 $ 2,000,000.0                        
MVB Loan Agreement [Member] | MVB Term Loan [Member]                                          
Debt Instrument [Line Items]                                          
Maturity date                 Dec. 27, 2022                        
Interest Rate                 6.75%                        
Long-term debt outstanding                 $ 4,500,000                        
Balance outstanding                 $ 4,500,000                        
MVB Loan Agreement [Member] | MVB Term Loan [Member] | MVB Revolver [Member]                                          
Debt Instrument [Line Items]                                          
Debt instrument additional borrowing available                   $ 0     $ 0                
MVB Loan Agreement [Member] | Prime Rate [Member] | MVB Revolver [Member]                                          
Debt Instrument [Line Items]                                          
Debt instrument variable rate                 1.50%                        
MVB Loan Agreement [Member] | Maximum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.30%     1.30%                
MVB Loan Agreement [Member] | Maximum [Member] | MVB Revolver [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio             1.00%               1.00%            
MVB Loan Agreement [Member] | Minimum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.00%     1.00%                
Consolidated funded debt ratio                         8.00%                
Funds available under other lines of credit                         $ 5,000,000.0                
MVB Loan Agreement [Member] | Minimum [Member] | MVB Revolver [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio             1.00%               1.00%            
Funds available under other lines of credit             $ 3,000,000.0                            
Lamont Street Preferred Interest [Member]                                          
Debt Instrument [Line Items]                                          
Long-term debt outstanding                   $ 800,000     $ 800,000                
Description on extended redemption date                         September 30, 2024 and September 30, 2025                
Payment fee percentage, first extension option                         0.25%                
Payment fee percentage, second extension option                         0.50%                
Preferred Investor payments, description                         Additionally, at the Lamont Street Redemption Date, Lamont Street is entitled to (i) a redemption fee of 0.50% of the capital contributions returned and (ii) an amount equal to (a) the product of (i) the aggregate amount of capital contributions made and (ii) 0.26, less (b) the aggregate amount of Lamont Street Class A Return payments made to Lamont Street (the “Lamont Street Minimum Multiple Amount”).                
Percentage of redemption fee of capital contribution returned                         0.50%                
Interest expense                     $ 1,000,000.0                    
Balance outstanding                   $ 800,000     $ 800,000                
Lamont Street Preferred Interest [Member] | Class A Units [Member]                                          
Debt Instrument [Line Items]                                          
Annual return percentage on initial capital contribution                         13.50%                
Cumulative annual return percentage, paid current                         10.00%                
Cumulative annual return percentage, accrued                         3.50%                
Lamont Street Preferred Interest [Member] | Class A Units [Member] | Highlandtown [Member]                                          
Debt Instrument [Line Items]                                          
Preferred investor, capital contribution   $ 3,900,000                                      
Interest percentage in exchange of capital contribution   1.00%                                      
Lamont Street Preferred Interest [Member] | Class A Units [Member] | Spotswood [Member]                                          
Debt Instrument [Line Items]                                          
Preferred investor, capital contribution $ 3,900,000                                        
Interest percentage in exchange of capital contribution 1.00%                                        
Lamont Street Preferred Interest [Member] | Minimum [Member] | Highlandtown [Member]                                          
Debt Instrument [Line Items]                                          
Preferred investor approval rights, Minimum amount of capital expenditure to be incurred                         $ 100,000                
Lamont Street Preferred Interest [Member] | Minimum [Member] | Spotswood [Member]                                          
Debt Instrument [Line Items]                                          
Preferred investor approval rights, Minimum amount of capital expenditure to be incurred                         $ 100,000                
Hollinswood Mortgage [Member] | Maximum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.40%     1.40%                
Hollinswood Mortgage [Member] | Minimum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.00%     1.00%                
Vista Mortgage [Member] | Maximum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.50%     1.50%                
Vista Mortgage [Member] | Minimum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.00%     1.00%                
Brookhill Mortgage [Member] | Maximum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.35%     1.35%                
Brookhill Mortgage [Member] | Minimum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.00%     1.00%                
Highlandtown Mortgage [Member] | Maximum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.30%     1.30%                
Highlandtown Mortgage [Member] | Minimum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.00%     1.00%                
Cromwell Mortgage [Member] | Maximum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.00%     1.00%                
Cromwell Mortgage [Member] | Minimum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.00%     1.00%                
Spotswood Mortgage [Member] | Maximum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.15%     1.15%                
Spotswood Mortgage [Member] | Minimum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.00%     1.00%                
Vista Shops at Golden Mile Loan [Member]                                          
Debt Instrument [Line Items]                                          
Maturity date [5]                         Jun. 24, 2023   Jun. 24, 2023            
Interest Rate           3.83% 3.83% [1],[5]     3.83% [1],[5]     3.83% [1],[5]   3.83% [1],[5]            
Mortgage loan maturity period           2023-06                              
Principal balance of mortgage loan           $ 11,700,000                              
Payment of basis preferred interest           $ 1,900,000                              
Payment of accrued interest                     46,000                    
Payment to escrow account                     1,100,000                    
Debt instrument net of discount             $ 0     $ 45,000     $ 45,000   $ 0            
Vista Shops at Golden Mile Loan [Member] | Mortgage Loan [Member]                                          
Debt Instrument [Line Items]                                          
Maturity date                         Jan. 25, 2021                
Vista Shops at Golden Mile Loan [Member] | Sub-OP [Member]                                          
Debt Instrument [Line Items]                                          
Payment of basis preferred interest                     $ 750,000                    
Vista Shops at Golden Mile Loan [Member] | LIBOR [Member]                                          
Debt Instrument [Line Items]                                          
Debt instrument variable rate                         2.50%                
Lamar Station Plaza East [Member]                                          
Debt Instrument [Line Items]                                          
Maturity date         Jul. 31, 2022                                
Lamar Station Plaza East [Member] | Maximum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.05%     1.05%                
Lamar Station Plaza East [Member] | Maximum [Member] | Forecast                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                               1.25% 1.15%        
Lamar Station Plaza East [Member] | Minimum [Member]                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                   1.00%     1.00%                
Lamar Station Plaza East [Member] | Minimum [Member] | Forecast                                          
Debt Instrument [Line Items]                                          
Debt service coverage ratio                               1.00% 1.00%        
Hollinswood Loan [Member]                                          
Debt Instrument [Line Items]                                          
Maturity date                         Dec. 01, 2024   Dec. 01, 2024            
Interest Rate [1]             4.06%     4.06%     4.06%   4.06%            
Hollinswood Loan [Member] | LIBOR [Member]                                          
Debt Instrument [Line Items]                                          
Debt instrument variable rate                         2.25%   2.25%            
Hollinswood Loan [Member] | Interest Rate Cap [Member]                                          
Debt Instrument [Line Items]                                          
Debt instrument variable rate       4.06%                                  
Hollinswood Loan [Member] | Interest Rate Swap [Member]                                          
Debt Instrument [Line Items]                                          
Long-term debt outstanding       $ 10,200,000                                  
Debt instrument additional borrowing available       3,000,000.0                                  
Balance outstanding       $ 10,200,000                                  
Number of derivatives held | Derivative       2                                  
[1] For floating rate loans tied to LIBOR, based on the one-month LIBOR rate of 0.08%, as of September 30, 2021.
[2] If the Basis Term Loan is paid in full earlier than its maturity date, the Basis Preferred Interest in the Sub-OP (as defined below) will mature at that time.
[3] The outstanding balance includes approximately $1.0 million and $1.8 million of indebtedness as of September 30, 2021 and December 31, 2020, respectively, related to the Multiple Minimum Amount owed to the Preferred Investor as described below under the heading “Basis Preferred Interest”.
[4] 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 $1.9 million was outstanding at September 30, 2021. The Preferred Investor is entitled to a cumulative annual return of 13.0% on the additional contributions.
[5] 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.