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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
OPERATING ACTIVITIES        
Net income (loss) $ 18,000 $ (1,067,000) $ 341,000 $ (1,053,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Loss on sale (55,000) 0 (55,000) 0
Straight-line rents     (338,000) (461,000)
Credit adjustments on operating lease receivables     213,000 (319,000)
Depreciation and amortization     4,215,000 5,802,000
Above (below) market lease amortization, net     (136,000) (128,000)
Amortization of deferred financing costs     365,000 179,000
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:        
Receivables, net     354,000 1,848,000
Deferred costs and other assets, net     (182,000) (675,000)
Accounts payable, accrued expenses, and other liabilities     (799,000) 613,000
Net cash provided by operating activities     4,088,000 5,806,000
INVESTING ACTIVITIES        
Expenditures for real estate improvements     (5,474,000) (2,069,000)
Net proceeds from sales of real estate     5,662,000 0
Net cash provided by (used in) investing activities     188,000 (2,069,000)
FINANCING ACTIVITIES        
Advances under Revolving Credit Agreement     3,635,000 0
Repayments under Revolving Credit Agreement     (3,635,000) 0
Term loan proceeds     1,000,000 0
Payments of deferred financing costs     (445,000) 0
Preferred stock dividends     (5,376,000) (5,376,000)
Net cash used in financing activities     (4,821,000) (5,376,000)
Net decrease in cash, cash equivalents and restricted cash     (545,000) (1,639,000)
Cash, cash equivalents and restricted cash at beginning of period     15,908,000 13,463,000
Cash, cash equivalents and restricted cash at end of period 15,363,000 11,824,000 15,363,000 11,824,000
Reconciliation to consolidated balance sheets:        
Cash and cash equivalents 6,822,000 1,291,000 6,822,000 1,291,000
Restricted cash 8,541,000 10,533,000 8,541,000 10,533,000
Cash, cash equivalents and restricted cash $ 15,363,000 $ 11,824,000 $ 15,363,000 $ 11,824,000

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