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Note 3 - Real Estate (Tables)
6 Months Ended
Jun. 30, 2021
Notes Tables  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
           

Purchase Price

         

Property Name

 

Location

 

Month Acquired

 

Cash

   

Other Consideration**

   

Total

   

GLA*

 

Distribution Center #1

 

Lancaster, CA

 

Jan-21

  $ 58,723     $ 11,277     $ 70,000       927  

Distribution Center #2

 

Woodland, CA

 

Jan-21

    27,589       6,411       34,000       508  
            $ 86,312     $ 17,688     $ 104,000       1,435  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
   

Allocation as of

June 30, 2021

   

Weighted Average

Amortization Period

(in Years)

 

Land

  $ 19,527       n/a  

Building

    87,691       50.0  

Building improvements

    6,251       45.0  

Tenant improvements

    711       20.0  

In-place leases

    11,120       20.0  

Below-market leases

    (21,300 )     60.0  

Net assets acquired

  $ 104,000          
Disposal Groups, Including Discontinued Operations [Table Text Block]
   

Six Months Ended June 30,

 
   

2021

   

2020

 

Aggregate sales price

  $ 132.2     $ 17.2  

Gain on sale of properties (1)

  $ 28.9     $ 5.7  

Number of properties sold

    3       3  

Number of parcels sold

    7       -