XML 59 R46.htm IDEA: XBRL DOCUMENT v3.22.4
Loans Payable - Summary of Loans Payable (Details) - USD ($)
12 Months Ended
Sep. 30, 2021
Sep. 22, 2021
May 28, 2021
May 05, 2021
Mar. 25, 2021
Dec. 31, 2022
Oct. 28, 2022
Jul. 06, 2022
Jun. 17, 2022
Dec. 31, 2021
Debt Instrument [Line Items]                    
Loans payable, net           $ 466,029,000       $ 333,283,000
Total Principal Balance           482,447,000       346,262,000
Unamortized debt issuance cost           (16,418,000)       (9,834,000)
Total Loans Payable, including assets held for sale           466,029,000       336,428,000
Less loans payable on assets held for sale, net loan amortization costs           $ 0       3,145,000
First National Bank                    
Debt Instrument [Line Items]                    
Monthly Payment   $ 25,000                
Interest Rate   4.25%                
LIBOR | First National Bank                    
Debt Instrument [Line Items]                    
Debt spread over variable basis percentage   3.50%                
Convertible Debt | Senior Subordinated Convertible Notes                    
Debt Instrument [Line Items]                    
Interest Rate           7.00%        
Loans payable, net           $ 33,000,000       33,000,000
Cypress Shopping Center                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 34,360        
Interest Rate           4.70%        
Loans payable, net           $ 5,903,000       6,031,000
Port Crossing                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 34,788        
Interest Rate           4.84%        
Loans payable, net           $ 5,641,000       5,778,000
Freeway Junction                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 41,798        
Interest Rate           4.60%        
Loans payable, net           $ 7,273,000       7,431,000
Harrodsburg Marketplace                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 19,112        
Interest Rate           4.55%        
Loans payable, net           $ 3,186,000       3,267,000
Bryan Station                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 23,489        
Interest Rate           4.52%        
Loans payable, net           $ 4,136,000       4,226,000
Crockett Square                    
Debt Instrument [Line Items]                    
Interest Rate           4.47%        
Loans payable, net           $ 6,338,000       6,338,000
Pierpont Centre                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 39,435        
Interest Rate           4.15%        
Loans payable, net           $ 7,716,000       7,861,000
Shoppes at Myrtle Park                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 33,180        
Interest Rate           4.45%        
Loans payable, net           $ 5,615,000       5,757,000
Alex City Marketplace                    
Debt Instrument [Line Items]                    
Interest Rate           3.95%        
Loans payable, net           $ 5,750,000       5,750,000
Brook Run Shopping Center                    
Debt Instrument [Line Items]                    
Interest Rate           4.08%        
Loans payable, net           $ 10,950,000       10,950,000
Beaver Ruin Village I and II                    
Debt Instrument [Line Items]                    
Interest Rate           4.73%        
Loans payable, net           $ 9,400,000       9,400,000
Sunshine Shopping Plaza                    
Debt Instrument [Line Items]                    
Interest Rate           4.57%        
Loans payable, net           $ 5,900,000       5,900,000
Barnett Portfolio                    
Debt Instrument [Line Items]                    
Interest Rate           4.30%        
Loans payable, net           $ 8,770,000       8,770,000
Fort Howard Shopping Center                    
Debt Instrument [Line Items]                    
Interest Rate           4.57%        
Loans payable, net           $ 7,100,000       7,100,000
Conyers Crossing                    
Debt Instrument [Line Items]                    
Interest Rate           4.67%        
Loans payable, net           $ 5,960,000       5,960,000
Grove Park Shopping Center                    
Debt Instrument [Line Items]                    
Interest Rate           4.52%        
Loans payable, net           $ 3,800,000       3,800,000
Parkway Plaza                    
Debt Instrument [Line Items]                    
Interest Rate           4.57%        
Loans payable, net           $ 3,500,000       3,500,000
Winslow Plaza                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 24,295        
Interest Rate           4.82%        
Loans payable, net           $ 4,409,000       4,483,000
Tuckernuck                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 32,202        
Interest Rate           5.00%        
Loans payable, net           $ 4,915,000       5,052,000
Chesapeake Square                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 23,857        
Interest Rate           4.70%        
Loans payable, net           $ 4,106,000       4,192,000
Sangaree/Tri-County                    
Debt Instrument [Line Items]                    
Monthly Payment         $ 3,220,000 $ 32,329        
Interest Rate           4.78%        
Loans payable, net           $ 6,086,000       6,176,000
Riverbridge                    
Debt Instrument [Line Items]                    
Interest Rate           4.48%        
Loans payable, net           $ 4,000,000       4,000,000
Franklin Village                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 45,336        
Interest Rate           4.93%        
Loans payable, net           $ 8,144,000       8,277,000
Village of Martinsville                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 89,664        
Interest Rate           4.28%        
Loans payable, net           $ 15,181,000       15,589,000
Laburnum Square                    
Debt Instrument [Line Items]                    
Interest Rate           4.28%        
Loans payable, net           $ 7,665,000       7,665,000
Rivergate                    
Debt Instrument [Line Items]                    
Monthly Payment $ 100,000   $ 60,000     $ 100,222        
Interest Rate 4.25%         4.25%        
Debt spread over variable basis percentage 2.70%                  
Loans payable, net $ 18,500,000         $ 18,003,000       18,430,000
Guggenheim Loan Agreement                    
Debt Instrument [Line Items]                    
Interest Rate           4.25%     4.25%  
Loans payable, net           $ 75,000,000       0
JANAF Loan Agreement                    
Debt Instrument [Line Items]                    
Interest Rate           5.31%   5.31%    
Loans payable, net           $ 60,000,000       0
Guggenheim-Cedar Loan Agreement                    
Debt Instrument [Line Items]                    
Interest Rate           5.25% 5.25%      
Loans payable, net           $ 110,000,000       0
Patuxent Crossing/Coliseum Marketplace Loan Agreement                    
Debt Instrument [Line Items]                    
Interest Rate           6.35%        
Loans payable, net           $ 25,000,000       0
Walnut Hill Plaza                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 26,850        
Interest Rate           5.50%        
Loans payable, net           $ 0       3,145,000
Litchfield Market Village                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 46,057        
Interest Rate           5.50%        
Loans payable, net           $ 0       7,312,000
Twin City Commons                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 17,827        
Interest Rate           4.86%        
Loans payable, net           $ 0       2,843,000
New Market                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 48,747        
Interest Rate           5.65%        
Loans payable, net           $ 0       6,291,000
Benefit Street Note | Line of Credit | Benefit Street Note                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 53,185        
Interest Rate           5.71%        
Loans payable, net           $ 0       6,914,000
Deutsche Bank Note | Line of Credit | Deutsche Bank Note                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 33,340        
Interest Rate           5.71%        
Loans payable, net           $ 0       5,488,000
First National Bank | Line of Credit | First National Bank                    
Debt Instrument [Line Items]                    
Monthly Payment           24,656        
Loans payable, net           $ 0       789,000
First National Bank | Line of Credit | LIBOR | First National Bank                    
Debt Instrument [Line Items]                    
Debt spread over variable basis percentage           3.50%        
Lumber River                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 10,723        
Loans payable, net           $ 0       1,296,000
Lumber River | LIBOR                    
Debt Instrument [Line Items]                    
Debt spread over variable basis percentage           3.50%        
Tampa Festival                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 50,797        
Interest Rate           5.56%        
Loans payable, net           $ 0       7,753,000
Forrest Gallery                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 50,973        
Interest Rate           5.40%        
Loans payable, net           $ 0       8,060,000
South Carolina Food Lions Note | Line of Credit | South Carolina Food Lions Note                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 68,320        
Interest Rate           5.25%        
Loans payable, net           $ 0       11,259,000
Folly Road                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 41,482        
Interest Rate           4.65%        
Loans payable, net           $ 0       7,063,000
JANAF                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 333,159        
Interest Rate           4.49%        
Loans payable, net           $ 0       47,065,000
JANAF Bravo                    
Debt Instrument [Line Items]                    
Monthly Payment       $ 35,000   $ 35,076        
Interest Rate       5.00%   5.00%        
Loans payable, net       $ 6,000,000   $ 0       5,936,000
JANAF BJ's                    
Debt Instrument [Line Items]                    
Monthly Payment           $ 29,964        
Interest Rate           4.95%        
Loans payable, net           $ 0       4,725,000
Butler Square                    
Debt Instrument [Line Items]                    
Interest Rate           3.90%        
Loans payable, net           $ 0       $ 5,640,000