XML 48 R35.htm IDEA: XBRL DOCUMENT v3.25.1
Note 3 - Investments in Related Parties - Equity Method Investments (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Loss recorded in the Consolidated Statements of Operations $ 363 $ 280
HC Government Realty Trust, Inc [Member]    
Equity Method Investment, Ownership Percentage 28.00% 27.40%
Investment in affiliate, balance $ 9,265 $ 10,551
Loss recorded in the Consolidated Statements of Operations [1] $ (1,286) $ (213)
HC Government Realty Trust, Inc [Member] | Series B Cumulative Convertible Preferred Stock [Member]    
Equity Method Investment, Ownership Percentage [2] 27.90% 26.30%
Investment in affiliate, balance [2] $ 9,256 $ 10,250
Loss recorded in the Consolidated Statements of Operations [1],[2] $ (994) $ 0
HC Government Realty Trust, Inc [Member] | Common Stock [Member]    
Equity Method Investment, Ownership Percentage 0.10% 1.10%
Investment in affiliate, balance $ 9 $ 301
Loss recorded in the Consolidated Statements of Operations [1] $ (292) $ (213)
[1] Loss from these investments is included in “Loss from investments in related parties, net” in the 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 an original basis of $10.25 million. Each share of HC Series B Stock has voting rights on an as converted basis and can be converted into shares of HC Common Stock at a conversion ratio equal to $10.00 per share divided by 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.