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v3.25.1

Note 3 - Investments in Real Estate (Tables) | 3 Months Ended
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Mar. 31, 2025
Notes Tables |
Real Estate and Accumulated Depreciation By Property [Table Text Block] |
|  | As of March 31, 2025 |  |  | As of December 31, 2024 |  |  | Depreciable Lives (In years) |
Land |  | $ | 569,937 |  |  | $ | 564,966 |  |  |  | — |
Building |  |  | 5,379,573 |  |  |  | 5,323,105 |  |  |  | 40 |
Furniture, fixtures and equipment |  |  | 492,793 |  |  |  | 475,865 |  |  |  | 5 - 10 |
Total investments in real estate |  | $ | 6,442,303 |  |  | $ | 6,363,936 |  |  |  |  |
Accumulated depreciation |  |  | (789,619 | ) |  |  | (740,957 | ) |  |  |  |
Investments in real estate, net |  | $ | 5,652,684 |  |  | $ | 5,622,979 |  |  |  |  |
Real Estate Acquired [Table Text Block] |
Property Name |  | Date Acquired |  | Market |  | Units |  |  | Purchase Price |
Autumn Breeze |  | 2/27/2025 |  | Indianapolis, IN |  |  | 280 |  |  | $ | 59,500 |
Asset Acquisition [Table Text Block] |
|  | Fair Value of Assets Acquired During the |
|  | Three Months Ended |
|  | March 31, 2025 |
Assets acquired: |  |  |  |
Investments in real estate |  | $ | 57,854 |
Other assets |  |  | 48 |
Intangible assets |  |  | 1,829 |
Total assets acquired |  |  | 59,731 |
Liabilities assumed: |  |  |  |
Accounts payable and accrued expenses |  |  | 1,002 |
Other liabilities |  |  | 92 |
Total liabilities assumed |  |  | 1,094 |
Estimated fair value of net assets acquired |  | $ | 58,637 |
Disposal Groups, Including Discontinued Operations [Table Text Block] |
Property |  | Market |  | Units |  |  | Sale Date |  | Sale Price |  |  | Gain on Sale (Loss) on Impairment), Net |
Ridge Crossings (1) |  | Birmingham, AL |  |  | 720 |  |  | 2/14/2025 |  | $ | 111,000 |  |  | $ | 1,496 |

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