Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
REVENUE
Total Revenue	$ 2,841,073	$ 3,038,143	$ 8,340,938	$ 8,688,257
OPERATING EXPENSES
Retail center property operating expenses	491,889	397,250	1,384,061	1,079,014
Flex center property operating expenses	189,720	78,045	511,771	196,849
Hotel property operating expenses	589,311	960,994	1,302,114	2,733,578
Bad debt expense		22,818	12,946	26,014
Share based compensation expenses			233,100	149,981
Legal, accounting and other professional fees	284,463	311,986	1,112,878	1,099,881
Corporate general and administrative expenses	99,323	382,302	335,538	568,479
Loss on impairment			36,670
Impairment of assets held for sale			175,671
Other expense	227,164		227,164
Depreciation and amortization	1,231,513	937,604	3,509,165	2,361,214
Total Operating Expenses	3,113,383	3,090,999	8,841,078	8,215,010
Loss (gain) on disposal of investment properties	(389,471)	124,641	(389,471)	124,641
Loss on extinguishment of debt	219,532		389,207
Operating (loss) income	(881,313)	71,785	(1,278,818)	597,888
Interest expense	989,255	950,770	2,704,835	4,609,198
Net Loss from Operations	(1,870,568)	(878,985)	(3,983,653)	(4,011,310)
Other income	126,434	3,519	251,197	187,278
Net Loss	(1,744,134)	(875,466)	(3,732,456)	(3,824,032)
Less: Net income (loss) attributable to Operating Partnership noncontrolling interests	(14,926)	(450)	(20,275)	3,023
Net Loss Attributable to Medalist Common Shareholders	$ (1,754,458)	$ (872,015)	$ (3,758,629)	$ (3,832,502)
Loss per share from operations - basic	$ (0.10)	$ (0.05)	$ (0.22)	$ (0.32)
Loss per share from operations - diluted	$ (0.10)	$ (0.05)	$ (0.22)	$ (0.32)
Weighted-average number of shares - basic	17,439,947	16,052,617	16,972,322	12,106,377
Weighted-average number of shares - diluted	17,439,947	16,052,617	16,972,322	12,106,377
Dividends paid per common share	$ 0.02	$ 0.02	$ 0.06	$ 0.02
Hampton Inn Property
OPERATING EXPENSES
Loss (gain) on disposal of investment properties		$ 124,641		$ 124,641
Interest expense		118,077		475,844
Less: Net income (loss) attributable to noncontrolling interests		1,590		19,845
Hanover Square Property
OPERATING EXPENSES
Interest expense	$ 111,445	111,794	$ 329,308	338,316
Less: Net income (loss) attributable to noncontrolling interests	8,468	(4,591)	15,421	(14,398)
Parkway Property
OPERATING EXPENSES
Less: Net income (loss) attributable to noncontrolling interests	16,782		31,027
Retail center property revenues
REVENUE
Total Revenue	1,850,797	1,494,219	4,999,089	4,049,209
Flex center property revenues
REVENUE
Total Revenue	610,967	263,586	1,834,200	630,007
Hotel property room revenues
REVENUE
Total Revenue	376,560	1,262,406	1,494,836	3,970,548
Hotel property other revenues
REVENUE
Total Revenue	$ 2,749	$ 17,932	$ 12,813	$ 38,493