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NONCONTROLLING INTERESTS (Tables)

3 Months Ended

Mar. 31, 2024

Noncontrolling Interest [Abstract]

Schedule of Redeemable Noncontrolling Interests

A summary of the Company’s redeemable noncontrolling interests on its consolidated balance sheets is set forth below:

						March 31, 2024						December 31, 2023
			Redeemable noncontrolling interest - DaVinci			$	2,634,555					$	2,541,482
			Redeemable noncontrolling interest - Medici			1,778,763						1,650,229
			Redeemable noncontrolling interest - Vermeer			1,433,268						1,555,297
			Redeemable noncontrolling interest - Fontana			451,397						353,823
			Redeemable noncontrolling interests			$	6,297,983					$	6,100,831

A summary of the Company’s redeemable noncontrolling interests on its consolidated statements of operations is set forth below:

						Three months ended
						March 31, 2024						March 31, 2023
			Redeemable noncontrolling interest - DaVinci			$	148,013					$	166,082
			Redeemable noncontrolling interest - Vermeer			52,971						47,405
			Redeemable noncontrolling interest - Medici			46,269						45,069
			Redeemable noncontrolling interest - Fontana			(2,426)						8,828
			Net income (loss) attributable to redeemable noncontrolling interests			$	244,827					$	267,384

The activity in redeemable noncontrolling interest – DaVinci is detailed in the table below:

						Three months ended
						March 31, 2024						March 31, 2023
			Beginning balance			$	2,541,482					$	1,740,300
			Redemption of shares from redeemable noncontrolling interests			(355,702)						(50,175)
			Sale of shares to redeemable noncontrolling interests, net of adjustments			300,762						378,334
			Net income (loss) attributable to redeemable noncontrolling interest			148,013						166,082
			Ending balance			$	2,634,555					$	2,234,541

The activity in redeemable noncontrolling interest – Medici is detailed in the table below:

						Three months ended
						March 31, 2024						March 31, 2023
			Beginning balance			$	1,650,229					$	1,036,218
			Redemption of shares from redeemable noncontrolling interests, net of adjustments			(45,567)						(17,648)
			Sale of shares to redeemable noncontrolling interests			146,242						244,102
			Net income (loss) attributable to redeemable noncontrolling interest			46,269						45,069
			Dividends on common shares			(18,410)						—
			Ending balance			$	1,778,763					$	1,307,741

The activity in redeemable noncontrolling interest – Vermeer is detailed in the table below:

						Three months ended
						March 31, 2024						March 31, 2023
			Beginning balance			$	1,555,297					$	1,490,840
			Dividends on common shares			(175,000)						—
			Net income (loss) attributable to redeemable noncontrolling interest			52,971						47,405
			Ending balance			$	1,433,268					$	1,538,245

The activity in redeemable noncontrolling interest – Fontana is detailed in the table below:

						Three months ended
						March 31, 2024						March 31, 2023
			Beginning balance			$	353,823					$	268,031
			Sale of shares to redeemable noncontrolling interest			100,000						—
			Net income (loss) attributable to redeemable noncontrolling interest			(2,426)						8,828
			Ending balance			$	451,397					$	276,859

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- Definition

Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity.

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