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Note 3 - Property Acquisitions (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Asset Acquisition [Table Text Block]
    

Purchase Price

    

Property Name

Location

Month

Acquired

 

Cash

  

Debt

  

Other

  

Total

  

GLA

 

Portfolio (2 properties) (1)

Various

Jan-23

 $69,130  $19,637  $13,019  $101,786  342  

Crossroads Plaza Parcel

Cary, NC

Jan-23

  2,173   -   -   2,173  5  

Northridge Shopping Center Parcel

Arvada, CO

Jan-23

  728   -   -   728  57  

Stafford Marketplace Parcel (2)

Stafford, VA

Feb-23

  -   -   12,527   12,527  87  

Tustin Heights (1)

Tustin, CA

Mar-23

  26,501   17,550   4,910   48,961  137  

Marlton Plaza Parcel

Cherry Hill, NJ

Jul-23

  529   -   -   529  -  

Stonebridge at Potomac Town Center

Woodbridge, VA

Aug-23

  169,840   -   1,667   171,507  504  

Big 5 Factoria Parcel

Bellevue, WA

Oct-23

  7,817   -   -   7,817  13  
    $276,718  $37,187  $32,123  $346,028  1,145  
  Month 

Purchase Price

     

Property Name

Location

Acquired

 

Cash

  

Debt

  

Other

  

Total

  

GLA

 

Rancho San Marcos Parcel

San Marcos, CA

Jan-22

 $2,407  $-  $-  $2,407   6 

Columbia Crossing Parcel

Columbia, MD

Feb-22

  16,239   -   -   16,239   60 

Oak Forest Parcel

Houston, TX

Jun-22

  3,846   -   -   3,846   4 

Devon Village (1)

Devon, PA

Jun-22

  733   -   -   733   - 

Fishtown Crossing

Philadelphia, PA

Jul-22

  39,291   -   -   39,291   133 

Carman’s Plaza

Massapequa, NY

Jul-22

  51,423   -   -   51,423   195 

Pike Center (1)

Rockville, MD

Jul-22

  21,850   -   -   21,850   - 

Baybrook Gateway (1)

Webster, TX

Oct-22

  2,978   -   -   2,978   - 

Portfolio (8 Properties) (2)

Long Island, NY

Nov-22

  152,078   88,792   135,663   376,533   536 

Gordon Plaza (1)

Woodbridge, VA

Nov-22

  5,573   -   -   5,573   - 

The Gardens at Great Neck (1)

Great Neck, NY

Dec-22

  4,019   -   -   4,019   - 
    $300,437  $88,792  $135,663  $524,892   934 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
  

Allocation as of

December 31, 2023

  

Weighted-

Average Useful

Life (in Years)

  

Allocation as of

December 31, 2022

  

Weighted-

Average Useful

Life (in Years)

 

Land

 $109,116   n/a  $207,067   n/a 

Buildings

  166,067   50.0   271,525   50.0 

Building improvements

  23,846   45.0   13,273   45.0 

Tenant improvements

  22,675   6.3   11,689   7.9 

Solar panels

  -   -   2,308   20.0 

In-place leases

  47,805   5.2   28,405   6.9 

Above-market leases

  4,981   6.7   8,408   8.3 

Below-market leases

  (29,271)  23.7   (24,069)  16.1 

Mortgage fair value adjustment

  -   -   9,430   6.5 

Other assets

  1,777   n/a   -   n/a 

Other liabilities

  (968)  n/a   (3,144)  n/a 

Net assets acquired/consolidated

 $346,028      $524,892