Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUE
Total Revenue	$ 2,571,639	$ 2,460,976
OPERATING EXPENSES
Retail center property operating expenses	428,259	512,887
Flex center property operating expenses	144,673	176,737
Single tenant net lease property operating expenses	7,708	7,728
Bad debt expense	14,056	27,122
Share based compensation expenses	277,500
Legal, accounting and other professional fees	393,078	525,628
Corporate general and administrative expenses	296,794	117,049
Management restructuring expenses	0	241,450
Loss on impairment	0	36,743
Depreciation and amortization	1,012,476	1,156,348
Total Operating Expenses	2,574,544	2,801,692
Gain on disposal of investment property	2,819,502
Loss on extinguishment of debt	51,837
Operating Income (Loss)	2,764,760	(340,716)
Interest expense	876,748	864,052
Net Income (Loss) from Operations	1,888,012	(1,204,768)
Other income	44,889	10,830
Other expense		39,868
Net Income (Loss)	1,932,901	(1,233,806)
Less: Net income (loss) attributable to Operating Partnership noncontrolling interests	111,757	(2,903)
Net Income (Loss) Attributable to Medalist Common Shareholders	$ 1,357,398	$ (1,221,295)
Earnings (loss) per common share - basic (in dollars per share)	$ 0.61	$ (0.55)
Earnings (loss) per common share - diluted (in dollars per share)	$ 0.60	$ (0.55)
Weighted-average number of shares - basic (in shares)	2,233,182	2,219,803
Weighted-average number of shares - diluted (in shares)	2,248,142	2,219,803
Dividends paid per common share (in dollars per share)	$ 0.01	$ 0.08
Hanover Square Property
REVENUE
Total Revenue	$ 307,325	$ 331,437
OPERATING EXPENSES
Retail center property operating expenses	88,342	89,153
Depreciation and amortization		76,176
Total Operating Expenses	88,342	165,329
Gain on disposal of investment property	2,819,502
Loss on extinguishment of debt	51,837	0
Operating Income (Loss)	2,986,648	166,108
Interest expense	129,248	173,863
Net Income (Loss)	2,857,400	(7,755)
Less: Net income (loss) attributable to noncontrolling interests	457,184	(1,241)
Less: Net income (loss) attributable to Operating Partnership noncontrolling interests	105,610	(78)
Net Income (Loss) Attributable to Medalist Common Shareholders	2,294,606	(6,436)
Parkway Property
OPERATING EXPENSES
Less: Net income (loss) attributable to noncontrolling interests	6,562	(8,367)
Retail center property revenues
REVENUE
Total Revenue	1,849,617	1,835,373
Retail center property revenues | Hanover Square Property
REVENUE
Total Revenue	307,325	331,437
Flex center property revenues
REVENUE
Total Revenue	664,067	569,297
Single tenant net lease property revenues
REVENUE
Total Revenue	$ 57,955	56,306
OPERATING EXPENSES
Single tenant net lease property operating expenses		$ 7,728