XML 44 R31.htm IDEA: XBRL DOCUMENT v3.20.4
Note 5 - Investment in Affiliate - Equity Method Investments (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Investment in affiliate, balance $ 12,072 $ 4,405
Loss recorded in the Consolidated Statements of Operations $ (418) $ (430)
HC Government Realty Trust, Inc [Member]    
Equity Method Investment, Ownership Percentage 36.40% 16.40%
Investment in affiliate, balance $ 12,072 $ 4,405
Loss recorded in the Consolidated Statements of Operations [1] $ (418) $ (430)
HC Government Realty Trust, Inc [Member] | Series B Cumulative Convertible Preferred Stock [Member]    
Equity Method Investment, Ownership Percentage [2] 28.70% 7.90%
Investment in affiliate, balance [2] $ 10,250 $ 2,000
Loss recorded in the Consolidated Statements of Operations [1],[2]
HC Government Realty Trust, Inc [Member] | Common Stock of Investee [Member]    
Equity Method Investment, Ownership Percentage 7.70% 8.50%
Investment in affiliate, balance $ 1,822 $ 2,405
Loss recorded in the Consolidated Statements of Operations [1] $ (418) $ (430)
[1] Loss from these investments is included in "Loss from affiliate" in the statements of operations. Since HC Realty is a Real Estate Investment Trust and not a taxable entity, the loss is not reported net of taxes.
[2] Represents investments in shares of HC Realty preferred stock with a basis of $10.25 million. Each share of preferred stock can be converted into one share of HC Realty common stock at a conversion price equal to the lesser of $9.10 per share or the fair market value per share of HC Realty common stock, subject to adjustment upon the occurrence of certain events.