XML 45 R35.htm IDEA: XBRL DOCUMENT v3.23.2
Note 3 - Investment in Affiliate - Equity Method Investments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Investment in affiliate, balance $ 10,723   $ 10,723   $ 10,850
Gross unrealized losses $ 77 $ (96) $ (44) $ (189)  
HC Government Realty Trust, Inc [Member]          
Ownership percentage 26.05% 33.90% 26.05% 33.90%  
Investment in affiliate, balance $ 10,723 $ 10,850 $ 10,723 $ 10,850  
Gross unrealized losses [1] $ 77 $ (96) $ (44) $ (189)  
HC Government Realty Trust, Inc [Member] | Series B Cumulative Convertible Preferred Stock [Member]          
Ownership percentage [2] 22.49% 26.80% 22.49% 26.80%  
Investment in affiliate, balance [2] $ 10,250 $ 10,250 $ 10,250 $ 10,250  
Gross unrealized losses [1],[2] $ 0 $ 0 $ 0 $ 0  
HC Government Realty Trust, Inc [Member] | Common Stock of Investee [Member]          
Ownership percentage 3.56% 7.10% 3.56% 7.10%  
Investment in affiliate, balance $ 473 $ 600 $ 473 $ 600  
Gross unrealized losses [1] $ 77 $ (96) $ (44) $ (189)  
[1] Loss from these investments is included in “Loss from affiliate” in the Unaudited Consolidated Statements of Operations. Since HC Realty is a REIT and not a taxable entity, the loss is not reported net of taxes.
[2] Represents investments in shares of HC Series B Stock with a basis of $10.25 million. Each share of HC Series B Stock can be converted into one share of HC Common Stock at a conversion price equal to the lesser of $9.10 per share or the fair market value per share of HC Common Stock, subject to adjustment upon the occurrence of certain events.