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Note 3 - Real Estate (Tables)
3 Months Ended
Mar. 31, 2021
Notes Tables  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
    

Purchase Price

     

Property Name

Location

Month Acquired

 

Cash

  

Other Consideration**

  

Total

  

GLA*

 

Distribution Center #1

Lancaster, CA

Jan-21

 $58,723  $11,277  $70,000   927 

Distribution Center #2

Woodland, CA

Jan-21

  27,589   6,411   34,000   508 
    $86,312  $17,688  $104,000   1,435 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
  

Allocation as of

March 31, 2021

  

Weighted Average
Amortization Period (in Years)

 

Land

 $19,527   n/a 

Building

  87,691   50.0 

Building improvements

  6,251   45.0 

Tenant improvements

  711   20.0 

In-place leases

  11,120   20.0 

Below-market leases

  (21,300)  60.0 

Net assets acquired

 $104,000     
Disposal Groups, Including Discontinued Operations [Table Text Block]
  

Three Months Ended March 31,

 
  

2021

  

2020

 

Aggregate sales price

 $23.0  $13.5 

Gain on sale of properties (1)

 $10.0  $3.8 

Number of properties sold

  1   1 

Number of parcels sold

  4   -