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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Real Estate:    
Land, at Cost $ 205,245 $ 189,589
Building and Improvements, at Cost 344,205 325,418
Other Furnishings and Equipment, at Cost 741 707
Construction in Process, at Cost 10,419 3,150
Total Real Estate, at Cost 560,610 518,864
Less, Accumulated Depreciation (31,735) (24,169)
Real Estate-Net 528,875 494,695
Land and Development Costs 686 692
Intangible Lease Assets-Net 78,328 79,492
Assets Held for Sale-See Note 24 0 6,720
Investment in Alpine Income Property Trust, Inc. 38,483 41,037
Mitigation Credits 3,436 3,702
Mitigation Credit Rights 21,018 21,018
Commercial Loan and Investments 68,783 39,095
Cash and Cash Equivalents 7,137 8,615
Restricted Cash 27,189 22,734
Refundable Income Taxes 286 442
Deferred Income Taxes-Net 105  
Other Assets - See Note 12 28,029 14,897
Total Assets 802,355 733,139
Liabilities:    
Accounts Payable 1,325 676
Accrued and Other Liabilities-See Note 18 15,705 13,121
Deferred Revenue-See Note 19 5,358 4,505
Intangible Lease Liabilities-Net 5,277 5,601
Deferred Income Taxes-Net   483
Long-Term Debt 343,196 278,273
Total Liabilities 370,861 302,659
Commitments and Contingencies-See Note 22
Stockholders' Equity:    
Preferred Stock - 100,000,000 shares authorized; $0.01 par value, 6.375% Series A Cumulative Redeemable Preferred Stock, $25.00 Per Share Liquidation Preference, 3,000,000 shares issued and outstanding at June 30, 2022 and December 31, 2021 30 30
Common Stock - 500,000,000 shares authorized; $0.01 par value, 6,082,626 shares issued and outstanding at June 30, 2022 and 5,916,226 shares issued and outstanding at December 31, 2021 61 60
Additional Paid-In Capital 86,347 85,414
Retained Earnings 332,916 343,459
Accumulated Other Comprehensive Income 12,140 1,517
Total Stockholders' Equity 431,494 430,480
Total Liabilities and Stockholders' Equity $ 802,355 $ 733,139