SCHEDULE III - REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION (Details) $ in Thousands |
12 Months Ended |
Dec. 31, 2022
USD ($)
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 409,958
|
Initial Cost to Company |
|
Land |
74,246
|
Buildings and Improvements |
618,051
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
14,501
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
74,246
|
Buildings and Improvements |
632,552
|
Total |
706,798
|
Accumulated Depreciation |
55,195
|
Commercial | Yonkers, NY. |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
0
|
Initial Cost to Company |
|
Land |
0
|
Buildings and Improvements |
4,000
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
320
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
0
|
Buildings and Improvements |
4,320
|
Total |
4,320
|
Accumulated Depreciation |
$ 2,419
|
Depreciation Life |
39 years
|
Multi-Family Residential | North Charleston, SC |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 0
|
Initial Cost to Company |
|
Land |
2,435
|
Buildings and Improvements |
18,970
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
1,658
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
2,435
|
Buildings and Improvements |
20,628
|
Total |
23,063
|
Accumulated Depreciation |
$ 7,473
|
Depreciation Life |
30 years
|
Multi-Family Residential | Decatur, GA |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 0
|
Initial Cost to Company |
|
Land |
1,698
|
Buildings and Improvements |
8,676
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
2,425
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
1,698
|
Buildings and Improvements |
11,101
|
Total |
12,799
|
Accumulated Depreciation |
$ 4,198
|
Depreciation Life |
30 years
|
Multi-Family Residential | Columbus, OH |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 8,733
|
Initial Cost to Company |
|
Land |
1,372
|
Buildings and Improvements |
12,678
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
827
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
1,372
|
Buildings and Improvements |
13,505
|
Total |
14,877
|
Accumulated Depreciation |
$ 4,476
|
Depreciation Life |
30 years
|
Multi-Family Residential | Pensacola, FL |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 0
|
Initial Cost to Company |
|
Land |
2,758
|
Buildings and Improvements |
25,192
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
1,686
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
2,758
|
Buildings and Improvements |
26,878
|
Total |
29,636
|
Accumulated Depreciation |
$ 7,625
|
Depreciation Life |
30 years
|
Multi-Family Residential | San Marcos, TX |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 16,262
|
Initial Cost to Company |
|
Land |
2,303
|
Buildings and Improvements |
17,605
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
170
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
2,303
|
Buildings and Improvements |
17,775
|
Total |
20,078
|
Accumulated Depreciation |
$ 2,472
|
Depreciation Life |
30 years
|
Multi-Family Residential | LaGrange, GA |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 0
|
Initial Cost to Company |
|
Land |
832
|
Buildings and Improvements |
21,969
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
924
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
832
|
Buildings and Improvements |
22,893
|
Total |
23,725
|
Accumulated Depreciation |
$ 5,844
|
Depreciation Life |
30 years
|
Multi-Family Residential | Fredericksburg, VA |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 26,184
|
Initial Cost to Company |
|
Land |
7,540
|
Buildings and Improvements |
33,196
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
1,135
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
7,540
|
Buildings and Improvements |
34,331
|
Total |
41,871
|
Accumulated Depreciation |
$ 6,211
|
Depreciation Life |
30 years
|
Multi-Family Residential | Nashville, TN |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 52,000
|
Initial Cost to Company |
|
Land |
6,172
|
Buildings and Improvements |
77,532
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
695
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
6,172
|
Buildings and Improvements |
78,227
|
Total |
84,399
|
Accumulated Depreciation |
$ 4,067
|
Depreciation Life |
30 years
|
Multi-Family Residential | Greenville, SC |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 26,425
|
Initial Cost to Company |
|
Land |
4,033
|
Buildings and Improvements |
34,052
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
484
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
4,033
|
Buildings and Improvements |
34,536
|
Total |
38,569
|
Accumulated Depreciation |
$ 1,653
|
Depreciation Life |
30 years
|
Multi-Family Residential | Nashville, TN |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 37,680
|
Initial Cost to Company |
|
Land |
9,679
|
Buildings and Improvements |
29,114
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
1,462
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
9,679
|
Buildings and Improvements |
30,576
|
Total |
40,255
|
Accumulated Depreciation |
$ 1,255
|
Depreciation Life |
30 years
|
Multi-Family Residential | San Antonio, TX |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 27,000
|
Initial Cost to Company |
|
Land |
3,336
|
Buildings and Improvements |
33,437
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
18
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
3,336
|
Buildings and Improvements |
33,455
|
Total |
36,791
|
Accumulated Depreciation |
$ 1,053
|
Depreciation Life |
30 years
|
Multi-Family Residential | Creve Coeur, MO |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 29,700
|
Initial Cost to Company |
|
Land |
5,466
|
Buildings and Improvements |
30,826
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
118
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
5,466
|
Buildings and Improvements |
30,944
|
Total |
36,410
|
Accumulated Depreciation |
$ 915
|
Depreciation Life |
30 years
|
Multi-Family Residential | Tallahassee, FL |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 21,436
|
Initial Cost to Company |
|
Land |
3,398
|
Buildings and Improvements |
27,167
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
171
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
3,398
|
Buildings and Improvements |
27,338
|
Total |
30,736
|
Accumulated Depreciation |
$ 732
|
Depreciation Life |
30 years
|
Multi-Family Residential | Huntsville, AL |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 18,952
|
Initial Cost to Company |
|
Land |
1,959
|
Buildings and Improvements |
20,079
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
404
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
1,959
|
Buildings and Improvements |
20,483
|
Total |
22,442
|
Accumulated Depreciation |
$ 487
|
Depreciation Life |
30 years
|
Multi-Family Residential | Boerne, TX |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 7,842
|
Initial Cost to Company |
|
Land |
1,289
|
Buildings and Improvements |
12,852
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
174
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
1,289
|
Buildings and Improvements |
13,026
|
Total |
14,315
|
Accumulated Depreciation |
$ 301
|
Depreciation Life |
30 years
|
Multi-Family Residential | Macon, GA |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 10,265
|
Initial Cost to Company |
|
Land |
2,866
|
Buildings and Improvements |
16,423
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
65
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
2,866
|
Buildings and Improvements |
16,488
|
Total |
19,354
|
Accumulated Depreciation |
$ 322
|
Depreciation Life |
30 years
|
Multi-Family Residential | Southaven, MS, Property One |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 27,194
|
Initial Cost to Company |
|
Land |
3,646
|
Buildings and Improvements |
45,554
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
477
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
3,646
|
Buildings and Improvements |
46,031
|
Total |
49,677
|
Accumulated Depreciation |
$ 930
|
Depreciation Life |
30 years
|
Multi-Family Residential | Southaven, MS, Property Two |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 29,875
|
Initial Cost to Company |
|
Land |
3,847
|
Buildings and Improvements |
46,452
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
584
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
3,847
|
Buildings and Improvements |
47,036
|
Total |
50,883
|
Accumulated Depreciation |
$ 956
|
Depreciation Life |
30 years
|
Multi-Family Residential | Wilmington, NC |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 23,160
|
Initial Cost to Company |
|
Land |
3,468
|
Buildings and Improvements |
37,311
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
222
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
3,468
|
Buildings and Improvements |
37,533
|
Total |
41,001
|
Accumulated Depreciation |
$ 759
|
Depreciation Life |
30 years
|
Multi-Family Residential | Trussville, AL |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 32,250
|
Initial Cost to Company |
|
Land |
4,095
|
Buildings and Improvements |
42,943
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
242
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
4,095
|
Buildings and Improvements |
43,185
|
Total |
47,280
|
Accumulated Depreciation |
$ 683
|
Depreciation Life |
30 years
|
Multi-Family Residential | Madison, AL |
|
Real estate properties and accumulated depreciation |
|
Encumbrances |
$ 15,000
|
Initial Cost to Company |
|
Land |
2,054
|
Buildings and Improvements |
22,023
|
Costs Capitalized Subsequent to Acquisition |
|
Land |
0
|
Improvements |
240
|
Carrying Costs |
0
|
Gross Amount At Which Carried at December 31, 2022 |
|
Land |
2,054
|
Buildings and Improvements |
22,263
|
Total |
24,317
|
Accumulated Depreciation |
$ 364
|
Depreciation Life |
30 years
|