Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
REVENUE
Total Revenue	$ 8,268,768	$ 6,589,951
OPERATING EXPENSES
Retail center property operating expenses	1,134,718	976,468
Flex center property operating expenses	55,266	0
Hotel property operating expenses	3,156,664	2,608,825
Share based compensation expenses	61,600	790,340
Legal, accounting and other professional fees	1,089,246	924,651
Corporate general and administrative expenses	261,934	119,679
Loss on impairment	0	191,578
Loss on disposition of furniture, fixtures and equipment	983,855	0
Depreciation and amortization	2,773,805	2,043,323
Total Operating Expenses	9,517,088	7,654,864
Operating Loss	(1,248,320)	(1,064,913)
Interest expense	2,472,628	1,917,183
Net Loss from Operations	(3,720,948)	(2,982,096)
Other (loss) income	(83,546)	44,094
Net Loss before Income Taxes	(3,804,494)	(2,938,002)
Income tax expense	0	53,151
Net Loss	(3,804,494)	(2,991,153)
Less: Net loss attributable to Operating Partnership noncontrolling interests	(54,490)	(66,339)
Net Loss Attributable to Medalist Common Shareholders	$ (3,015,718)	$ (2,743,323)
Net loss per medalist common share - basic and diluted	$ (0.82)	$ (1.39)
Weighted-average number of shares - basic and diluted	3,683,171	1,967,980
Dividends paid per common share	$ 0.525	$ 0.525
Hampton Inn Property
OPERATING EXPENSES
Interest expense	$ 895,205	$ 891,383
Less: Net loss (income) attributable to noncontrolling interests	(726,249)	(166,314)
Hanover Square Property
OPERATING EXPENSES
Interest expense	439,367	288,865
Less: Net loss (income) attributable to noncontrolling interests	(8,037)	(15,177)
Retail center property revenues
REVENUE
Total Revenue	3,495,396	2,372,666
Retail center property tenant reimbursements
REVENUE
Total Revenue	691,349	541,116
Flex center property revenues
REVENUE
Total Revenue	138,607	0
Flex center property tenant reimbursements
REVENUE
Total Revenue	45,162	0
Hotel property room revenues
REVENUE
Total Revenue	3,723,173	3,636,485
Hotel property other revenues
REVENUE
Total Revenue	$ 175,081	$ 39,684