10-Q Filing

MACKENZIE REALTY CAPITAL, INC. CIK: 1550913 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001140361-23-006990`
Period End Date	20221231
Filing Date	20230214
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	brhc10048124_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 92 Cash Flow Statement 116 Stockholders Equity 52

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Land	`Land`	$33.91M	USD	Point-in-time
Land	`Land`	$32.12M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	13.25M	shares	Point-in-time
Building, fixtures and improvements	`BuildingsAndImprovementsGross`	$96.19M	USD	Point-in-time
Building, fixtures and improvements	`BuildingsAndImprovementsGross`	$64.18M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	13.25M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.25M	shares	Point-in-time
Intangible lease assets	`OperatingLeaseRightOfUseAsset`	$2.89M	USD	Point-in-time
Intangible lease assets	`OperatingLeaseRightOfUseAsset`	$5.30M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.25M	shares	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$1.77M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$3.84M	USD	Point-in-time
Total real estate assets, net	`RealEstateInvestmentPropertyNet`	$97.42M	USD	Point-in-time
Total real estate assets, net	`RealEstateInvestmentPropertyNet`	$131.55M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$7.40M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$10.87M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$7.11M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	505,115.06	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	119,416.91	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	505,115.06	shares	Point-in-time
Restricted cash	`RestrictedCash`	$1.09M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	119,416.91	shares	Point-in-time
Restricted cash	`RestrictedCash`	$587.58K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$11.47M	USD	Point-in-time
Investments, at fair value	`InvestmentOwnedSecurityAtFairValue`	$19.75M	USD	Point-in-time
Investments, at fair value	`InvestmentOwnedSecurityAtFairValue`	$15.43M	USD	Point-in-time
Unconsolidated investment (non-security), at fair value	`UnconsolidatedInvestmentNonSecurityAtFairValue`	$37.85M	USD	Point-in-time
Unconsolidated investment (non-security), at fair value	`UnconsolidatedInvestmentNonSecurityAtFairValue`	$36.93M	USD	Point-in-time
Investments income, rents and other receivables	`InvestmentIncomeRentAndOtherReceivable`	$1.50M	USD	Point-in-time
Investments income, rents and other receivables	`InvestmentIncomeRentAndOtherReceivable`	$817.44K	USD	Point-in-time
Investment acquisition advance	`InvestmentAcquisitionAdvance`	-	USD	Point-in-time
Investment acquisition advance	`InvestmentAcquisitionAdvance`	$193.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$855.01K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$67.62K	USD	Point-in-time
Assets held for sale, net	`AssetsHeldForSaleNotPartOfDisposalGroup`	$17.11M	USD	Point-in-time
Assets held for sale, net	`AssetsHeldForSaleNotPartOfDisposalGroup`	$17.49M	USD	Point-in-time
Total assets	`Assets`	$210.58M	USD	Point-in-time
Total assets	`Assets`	$182.56M	USD	Point-in-time
Mortgage notes payable, net	`SecuredDebt`	$68.37M	USD	Point-in-time
Mortgage notes payable, net	`SecuredDebt`	$90.62M	USD	Point-in-time
Notes payable	`NotesPayable`	-	USD	Point-in-time
Notes payable	`NotesPayable`	$1.50M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditAndOtherLiabilities`	$443.01K	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditAndOtherLiabilities`	$1.12M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$1.42M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$1.75M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$2.94M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.39M	USD	Point-in-time
Stock redemption payable	`StockRedemptionPayable`	$348.05K	USD	Point-in-time
Stock redemption payable	`StockRedemptionPayable`	$415.97K	USD	Point-in-time
Below-market lease liabilities, net	`BelowMarketLeaseNet`	$1.19M	USD	Point-in-time
Below-market lease liabilities, net	`BelowMarketLeaseNet`	$1.06M	USD	Point-in-time
Due to related entities	`DueToRelatedPartiesCurrentAndNoncurrent`	$366.30K	USD	Point-in-time
Due to related entities	`DueToRelatedPartiesCurrentAndNoncurrent`	$214.09K	USD	Point-in-time
Contingent liability	`BusinessCombinationContingentConsiderationLiability`	$2.71M	USD	Point-in-time
Contingent liability	`BusinessCombinationContingentConsiderationLiability`	$1.86M	USD	Point-in-time
Capital pending acceptance	`CapitalPendingAcceptance`	$422.50K	USD	Point-in-time
Capital pending acceptance	`CapitalPendingAcceptance`	$85.00K	USD	Point-in-time
Liabilities held for sale	`LiabilitiesHeldForSaleNotPartOfDisposalGroup`	$1.66M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesHeldForSaleNotPartOfDisposalGroup`	$744.99K	USD	Point-in-time
Total liabilities	`Liabilities`	$102.28M	USD	Point-in-time
Total liabilities	`Liabilities`	$78.34M	USD	Point-in-time
Common stock, $0.0001 par value, 80,000,000 shares authorized; 13,254,497.43 and 13,253,571.98 shares issued and outstanding as of December 31, 2022 and June 30, 2022, respectively.	`CommonStockValue`	$1.32K	USD	Point-in-time
Common stock, $0.0001 par value, 80,000,000 shares authorized; 13,254,497.43 and 13,253,571.98 shares issued and outstanding as of December 31, 2022 and June 30, 2022, respectively.	`CommonStockValue`	$1.32K	USD	Point-in-time
Preferred stock, $0.0001 par value, 20,000,000 shares authorized, 505,115.06 and 119,416.91 shares issued and outstanding as of December 31, 2022 and June 30, 2022, respectively.	`PreferredStockValue`	$12.00	USD	Point-in-time
Preferred stock, $0.0001 par value, 20,000,000 shares authorized, 505,115.06 and 119,416.91 shares issued and outstanding as of December 31, 2022 and June 30, 2022, respectively.	`PreferredStockValue`	$51.00	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$121.96M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$130.27M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-30.86M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-24.11M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$97.85M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$99.42M	USD	Point-in-time
Non-controlling interests	`MembersEquityAttributableToNoncontrollingInterest`	$8.88M	USD	Point-in-time
Non-controlling interests	`MembersEquityAttributableToNoncontrollingInterest`	$6.37M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$97.36M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$111.15M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$104.22M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$108.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$105.02M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$100.80M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$210.58M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$182.56M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Rental and reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.74M	USD	2 Qtrs
Rental and reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.67M	USD	1 Quarter
Rental and reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.29M	USD	2 Qtrs
Rental and reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.57M	USD	1 Quarter
Property operating and maintenance	`PropertyRepairsAndMaintenanceExpense`	$4.12M	USD	2 Qtrs
Property operating and maintenance	`PropertyRepairsAndMaintenanceExpense`	$2.29M	USD	1 Quarter
Property operating and maintenance	`PropertyRepairsAndMaintenanceExpense`	$1.84M	USD	1 Quarter
Property operating and maintenance	`PropertyRepairsAndMaintenanceExpense`	$3.24M	USD	2 Qtrs
Interest expense	`InterestExpense`	$496.76K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.26M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.68M	USD	1 Quarter
Interest expense	`InterestExpense`	$845.50K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.08M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.08M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.11M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.16M	USD	1 Quarter
Asset management fees to related party (Note 7)	`AssetsManagementFeeExpense`	$741.52K	USD	1 Quarter
Asset management fees to related party (Note 7)	`AssetsManagementFeeExpense`	$677.62K	USD	1 Quarter
Asset management fees to related party (Note 7)	`AssetsManagementFeeExpense`	$1.35M	USD	2 Qtrs
Asset management fees to related party (Note 7)	`AssetsManagementFeeExpense`	$1.46M	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$377.55K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$139.16K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$169.75K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$361.19K	USD	2 Qtrs
Administrative cost reimbursements to related party (Note 7)	`AdministrativeFeesExpense`	$363.00K	USD	2 Qtrs
Administrative cost reimbursements to related party (Note 7)	`AdministrativeFeesExpense`	$152.40K	USD	1 Quarter
Administrative cost reimbursements to related party (Note 7)	`AdministrativeFeesExpense`	$304.80K	USD	2 Qtrs
Administrative cost reimbursements to related party (Note 7)	`AdministrativeFeesExpense`	$181.50K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$134.61K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$150.79K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$280.84K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$180.62K	USD	1 Quarter
Directors' fees	`NoninterestExpenseDirectorsFees`	$56.00K	USD	2 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$30.50K	USD	1 Quarter
Directors' fees	`NoninterestExpenseDirectorsFees`	$55.00K	USD	2 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$29.50K	USD	1 Quarter
Transfer agent cost reimbursements to related party (Note 7)	`NoninterestExpenseTransferAgentAndCustodianFees`	$26.60K	USD	1 Quarter
Transfer agent cost reimbursements to related party (Note 7)	`NoninterestExpenseTransferAgentAndCustodianFees`	$46.00K	USD	2 Qtrs
Transfer agent cost reimbursements to related party (Note 7)	`NoninterestExpenseTransferAgentAndCustodianFees`	$23.00K	USD	1 Quarter
Transfer agent cost reimbursements to related party (Note 7)	`NoninterestExpenseTransferAgentAndCustodianFees`	$53.20K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$12.04M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$6.45M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.61M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.44M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-2.78M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.15M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-5.30M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-2.04M	USD	1 Quarter
Dividend and distribution income from equity securities at fair value	`DividendIncomeEquitySecuritiesOperating`	$78.92K	USD	1 Quarter
Dividend and distribution income from equity securities at fair value	`DividendIncomeEquitySecuritiesOperating`	$1.38M	USD	2 Qtrs
Dividend and distribution income from equity securities at fair value	`DividendIncomeEquitySecuritiesOperating`	$993.01K	USD	1 Quarter
Dividend and distribution income from equity securities at fair value	`DividendIncomeEquitySecuritiesOperating`	$205.32K	USD	2 Qtrs
Net unrealized (gain) loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-193.30K	USD	1 Quarter
Net unrealized (gain) loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-1.07M	USD	2 Qtrs
Net unrealized (gain) loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$2.96M	USD	2 Qtrs
Net unrealized (gain) loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-526.48K	USD	1 Quarter
Net income (loss) from equity method investments at fair value	`IncomeLossFromEquityMethodInvestments`	$3.93M	USD	2 Qtrs
Net income (loss) from equity method investments at fair value	`IncomeLossFromEquityMethodInvestments`	$2.05M	USD	1 Quarter
Net income (loss) from equity method investments at fair value	`IncomeLossFromEquityMethodInvestments`	$3.63M	USD	2 Qtrs
Net income (loss) from equity method investments at fair value	`IncomeLossFromEquityMethodInvestments`	$-74.24K	USD	1 Quarter
Net realized gain from investments	`RealizedInvestmentGainsLosses`	$4.35M	USD	2 Qtrs
Net realized gain from investments	`RealizedInvestmentGainsLosses`	$830.96K	USD	2 Qtrs
Net realized gain from investments	`RealizedInvestmentGainsLosses`	$3.75M	USD	1 Quarter
Net realized gain from investments	`RealizedInvestmentGainsLosses`	$313.52K	USD	1 Quarter
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	2 Qtrs
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$1.91M	USD	2 Qtrs
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	1 Quarter
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$1.91M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.61M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$9.48M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-4.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.56M	USD	1 Quarter
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-30.26K	USD	2 Qtrs
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$14.86K	USD	1 Quarter
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$47.09K	USD	2 Qtrs
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-30.62K	USD	1 Quarter
Net income attributable to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$440.00	USD	1 Quarter
Net income attributable to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$243.79K	USD	2 Qtrs
Net income attributable to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$155.91K	USD	1 Quarter
Net income attributable to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$440.00	USD	2 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.07M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.90M	USD	2 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.59M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$9.51M	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Net income (loss) per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.71	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-0.29	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-0.38	USD	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.37M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.28M	shares	2 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.28M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.35M	shares	2 Qtrs

Cash Flow Statement 116 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-3.61M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$9.48M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-4.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.56M	USD	1 Quarter
Net unrealized (gain) loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-193.30K	USD	1 Quarter
Net unrealized (gain) loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-1.07M	USD	2 Qtrs
Net unrealized (gain) loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$2.96M	USD	2 Qtrs
Net unrealized (gain) loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-526.48K	USD	1 Quarter
Net income (loss) from equity method investments at fair value	`IncomeFromEquityMethodInvestmentsAtFairValue`	$-1.96M	USD	2 Qtrs
Net income (loss) from equity method investments at fair value	`IncomeFromEquityMethodInvestmentsAtFairValue`	$-3.08M	USD	2 Qtrs
Net realized gain on investments	`RealizedInvestmentGainsLosses`	$4.35M	USD	2 Qtrs
Net realized gain on investments	`RealizedInvestmentGainsLosses`	$830.96K	USD	2 Qtrs
Net realized gain on investments	`RealizedInvestmentGainsLosses`	$3.75M	USD	1 Quarter
Net realized gain on investments	`RealizedInvestmentGainsLosses`	$313.52K	USD	1 Quarter
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	$-2.90K	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	-	USD	2 Qtrs
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	2 Qtrs
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$1.91M	USD	2 Qtrs
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	1 Quarter
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$1.91M	USD	1 Quarter
Straight - line rent	`StraightLineRent`	$383.14K	USD	2 Qtrs
Straight - line rent	`StraightLineRent`	$24.30K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.08M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.08M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$6.15K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$322.88K	USD	2 Qtrs
Accretion of market lease and other intangibles, net	`AccretionOfMarketLeaseAndOtherIntangiblesNet`	$-84.76K	USD	2 Qtrs
Accretion of market lease and other intangibles, net	`AccretionOfMarketLeaseAndOtherIntangiblesNet`	$-28.69K	USD	2 Qtrs
Investments income, rent and other receivables	`IncreaseDecreaseInInvestmentIncomeRentAndOtherReceivables`	$-393.25K	USD	2 Qtrs
Investments income, rent and other receivables	`IncreaseDecreaseInInvestmentIncomeRentAndOtherReceivables`	$-736.94K	USD	2 Qtrs
Due from related entities	`IncreaseDecreaseInDueFromRelatedParties`	$10.00K	USD	2 Qtrs
Due from related entities	`IncreaseDecreaseInDueFromRelatedParties`	-	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.25M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$530.82K	USD	2 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLiabilities`	$133.54K	USD	2 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLiabilities`	$674.37K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.32M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$348.83K	USD	2 Qtrs
Due to related entities	`IncreaseDecreaseInDueToRelatedParties`	$96.35K	USD	2 Qtrs
Due to related entities	`IncreaseDecreaseInDueToRelatedParties`	$-128.95K	USD	2 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.48M	USD	2 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.25M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfOtherInvestments`	$23.30M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfOtherInvestments`	$3.20M	USD	2 Qtrs
Investment acquisition advance	`PaymentsForAdvanceOnInvestmentAcquisition`	-	USD	2 Qtrs
Investment acquisition advance	`PaymentsForAdvanceOnInvestmentAcquisition`	$193.00K	USD	2 Qtrs
Investments in real estate assets	`PaymentsToAcquirePartnersInterestInRealEstatePartnershipNetOfCashAcquired`	$8.23M	USD	2 Qtrs
Investments in real estate assets	`PaymentsToAcquirePartnersInterestInRealEstatePartnershipNetOfCashAcquired`	$21.78M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$178.30K	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$3.23M	USD	2 Qtrs
Return of capital distributions	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.02M	USD	2 Qtrs
Return of capital distributions	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$4.20M	USD	2 Qtrs
Payment on contingent liability	`PaymentForContingentConsiderationLiabilityInvestingActivities`	-	USD	2 Qtrs
Payment on contingent liability	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$858.00K	USD	2 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.49M	USD	2 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.24M	USD	2 Qtrs
Proceeds from mortgage notes payable	`ProceedsFromIssuanceOfSecuredDebt`	$2.10M	USD	2 Qtrs
Proceeds from mortgage notes payable	`ProceedsFromIssuanceOfSecuredDebt`	$15.00M	USD	2 Qtrs
Payments on mortgage notes payable	`RepaymentsOfSecuredDebt`	$708.82K	USD	2 Qtrs
Payments on mortgage notes payable	`RepaymentsOfSecuredDebt`	$192.35K	USD	2 Qtrs
Proceeds on notes payable	`ProceedsFromNotesPayable`	$9.63K	USD	2 Qtrs
Proceeds on notes payable	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Payments on notes payable	`RepaymentsOfNotesPayable`	$7.90K	USD	2 Qtrs
Payments on notes payable	`RepaymentsOfNotesPayable`	-	USD	2 Qtrs
Payment of deferred financing cost	`PaymentsOfFinancingCosts`	$784.33K	USD	2 Qtrs
Payment of deferred financing cost	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Dividend to stockholders	`PaymentsOfDividendsCommonStock`	$1.21M	USD	2 Qtrs
Dividend to stockholders	`PaymentsOfDividendsCommonStock`	$2.03M	USD	2 Qtrs
Proceeds from issuance of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$88.00K	USD	2 Qtrs
Proceeds from issuance of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$9.40M	USD	2 Qtrs
Payment of selling commissions and fees	`PaymentOfSellingCommissionsAndFees`	$431.42K	USD	2 Qtrs
Payment of selling commissions and fees	`PaymentOfSellingCommissionsAndFees`	$814.13K	USD	2 Qtrs
Contributions by non-controlling interests holders	`ProceedsFromMinorityShareholders`	$856.36K	USD	2 Qtrs
Contributions by non-controlling interests holders	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Distributions to non-controlling interests holders	`PaymentsOfDividendsMinorityInterest`	$165.79K	USD	2 Qtrs
Distributions to non-controlling interests holders	`PaymentsOfDividendsMinorityInterest`	$5.35K	USD	2 Qtrs
Redemption of common stock, net of redemptions payable	`RedemptionOfCommonStock`	$734.44K	USD	2 Qtrs
Redemption of common stock, net of redemptions payable	`RedemptionOfCommonStock`	$55.19K	USD	2 Qtrs
Capital pending acceptance	`PaymentsForProceedsFromChangeInCapitalPendingAcceptance`	$-337.50K	USD	2 Qtrs
Capital pending acceptance	`PaymentsForProceedsFromChangeInCapitalPendingAcceptance`	$-73.00K	USD	2 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.90M	USD	2 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.83M	USD	2 Qtrs
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-819.39K	USD	2 Qtrs
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$17.57M	USD	2 Qtrs
Cash and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.33M	USD	Point-in-time
Cash and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.00M	USD	Point-in-time
Cash and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.18M	USD	Point-in-time
Cash and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.75M	USD	Point-in-time
Cash and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.33M	USD	Point-in-time
Cash and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.00M	USD	Point-in-time
Cash and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.18M	USD	Point-in-time
Cash and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.75M	USD	Point-in-time
Cash at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.40M	USD	Point-in-time
Cash at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$10.87M	USD	Point-in-time
Cash at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.11M	USD	Point-in-time
Restricted cash at end of the period	`RestrictedCash`	$1.09M	USD	Point-in-time
Restricted cash at end of the period	`RestrictedCash`	$587.58K	USD	Point-in-time
Restricted cash at end of the period	`RestrictedCash`	$11.47M	USD	Point-in-time
Cash and restricted cash at end of the period classified as assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsClassifiedAsAssetsHeldForSale`	$481.83K	USD	Point-in-time
Cash and restricted cash at end of the period classified as assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsClassifiedAsAssetsHeldForSale`	$3.00M	USD	Point-in-time
Issuance of the Operating Partnership Preferred units for the purchase of First & Main, LP (Note 1)	`IssuanceOfOperatingPartnershipPreferredUnitsForPurchaseOfLimitedPartnershipInterest`	-	USD	2 Qtrs
Issuance of the Operating Partnership Preferred units for the purchase of First & Main, LP (Note 1)	`IssuanceOfOperatingPartnershipPreferredUnitsForPurchaseOfLimitedPartnershipInterest`	$2.71M	USD	2 Qtrs
Fair value of assets acquired from consolidation of First & Main, LP	`FairValueOfAssetsAcquired`	$18.19M	USD	2 Qtrs
Fair value of assets acquired from consolidation of First & Main, LP	`FairValueOfAssetsAcquired`	-	USD	2 Qtrs
Fair value of liabilities assumed from consolidation of First & Main, LP	`LiabilitiesAssumed1`	$13.24M	USD	2 Qtrs
Fair value of liabilities assumed from consolidation of First & Main, LP	`LiabilitiesAssumed1`	-	USD	2 Qtrs
Fair value of assets acquired from consolidation of 1300 Main, LP	`FairValueOfAssetsAcquiredFromConsolidation`	$10.55M	USD	2 Qtrs
Fair value of assets acquired from consolidation of 1300 Main, LP	`FairValueOfAssetsAcquiredFromConsolidation`	-	USD	2 Qtrs
Fair value of liabilities assumed from consolidation of 1300 Main, LP	`FairValueOfLiabilitiesAssumedFromConsolidation`	-	USD	2 Qtrs
Fair value of liabilities assumed from consolidation of 1300 Main, LP	`FairValueOfLiabilitiesAssumedFromConsolidation`	$8.75M	USD	2 Qtrs
Issuance of common stock through reinvestment of dividends	`StockIssued1`	$789.86K	USD	2 Qtrs
Issuance of common stock through reinvestment of dividends	`StockIssued1`	$526.31K	USD	2 Qtrs
Issuance of preferred stock through reinvestment of dividends	`IssuanceOfPreferredStockThroughReinvestmentOfDividends`	-	USD	2 Qtrs
Issuance of preferred stock through reinvestment of dividends	`IssuanceOfPreferredStockThroughReinvestmentOfDividends`	$16.55K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$2.48M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$832.85K	USD	2 Qtrs

Stockholders Equity 52 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$97.36M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$111.15M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$104.22M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$108.30M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$105.02M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$100.80M	USD	Point-in-time
Contributions by non-controlling interest holders	`StockIssuedDuringPeriodValueCapitalContributionsByNonControllingInterestHolders`	$856.36K	USD	1 Quarter
Contributions by non-controlling interest holders	`StockIssuedDuringPeriodValueCapitalContributionsByNonControllingInterestHolders`	$856.36K	USD	2 Qtrs
Distributions to non-controlling interest holders	`StockIssuedDuringPeriodValueDistributionsToNonControllingInterestHolders`	$6.31K	USD	2 Qtrs
Distributions to non-controlling interest holders	`StockIssuedDuringPeriodValueDistributionsToNonControllingInterestHolders`	$252.15K	USD	2 Qtrs
Distributions to non-controlling interest holders	`StockIssuedDuringPeriodValueDistributionsToNonControllingInterestHolders`	$134.21K	USD	1 Quarter
Distributions to non-controlling interest holders	`StockIssuedDuringPeriodValueDistributionsToNonControllingInterestHolders`	$2.70K	USD	1 Quarter
Operating Partnership Preferred Units issued	`OperatingPartnershipValuePreferredUnitsIssued`	$2.71M	USD	2 Qtrs
Dividends to common stockholders	`DividendsCommonStockStock`	$2.85M	USD	2 Qtrs
Dividends to common stockholders	`DividendsCommonStockStock`	$1.46M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStockStock`	$2.80M	USD	2 Qtrs
Dividends to common stockholders	`DividendsCommonStockStock`	$1.07M	USD	1 Quarter
Dividends to preferred stockholders	`DividendsPreferredStockStock`	$243.79K	USD	2 Qtrs
Dividends to preferred stockholders	`DividendsPreferredStockStock`	$440.00	USD	1 Quarter
Dividends to preferred stockholders	`DividendsPreferredStockStock`	$155.91K	USD	1 Quarter
Dividends to preferred stockholders	`DividendsPreferredStockStock`	$440.00	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-3.61M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$9.48M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-4.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.56M	USD	1 Quarter
Operating Partnership Class A conversion to common stock	`OperatingPartnershipValueConversionOfConvertibleSecurities`	-	USD	2 Qtrs
Issuance of preferred stock	`StockIssuedDuringPeriodValuePreferredStockNewIssues`	$4.37M	USD	1 Quarter
Issuance of preferred stock	`StockIssuedDuringPeriodValuePreferredStockNewIssues`	$9.40M	USD	2 Qtrs
Issuance of preferred stock	`StockIssuedDuringPeriodValuePreferredStockNewIssues`	$88.00K	USD	1 Quarter
Issuance of preferred stock	`StockIssuedDuringPeriodValuePreferredStockNewIssues`	$88.00K	USD	2 Qtrs
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$403.48K	USD	1 Quarter
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$526.31K	USD	2 Qtrs
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$789.86K	USD	2 Qtrs
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$282.82K	USD	1 Quarter
Issuance of preferred stock through reinvestment of dividends	`PreferredStockIssuedDuringPeriodValueDividendReinvestmentPlan`	$11.72K	USD	1 Quarter
Issuance of preferred stock through reinvestment of dividends	`PreferredStockIssuedDuringPeriodValueDividendReinvestmentPlan`	$16.55K	USD	2 Qtrs
Issuance Operating Partnership Preferred Units through Reinvestment of Dividends	`IssuanceOperatingPartnershipPreferredUnitsThroughReinvestmentOfDividends`	$11.66K	USD	2 Qtrs
Issuance Operating Partnership Preferred Units through Reinvestment of Dividends	`IssuanceOperatingPartnershipPreferredUnitsThroughReinvestmentOfDividends`	$11.66K	USD	1 Quarter
Payment of selling commissions and fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$1.10M	USD	2 Qtrs
Payment of selling commissions and fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$431.42K	USD	1 Quarter
Payment of selling commissions and fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$588.80K	USD	1 Quarter
Payment of selling commissions and fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$431.42K	USD	2 Qtrs
Redemption of common stock	`StockRedeemedOrCalledDuringPeriodValue`	$415.97K	USD	1 Quarter
Redemption of common stock	`StockRedeemedOrCalledDuringPeriodValue`	$802.35K	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$55.19K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$55.19K	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$97.36M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$111.15M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$104.22M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$108.30M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$105.02M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$100.80M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.