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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
3 Months Ended
Mar. 31, 2025
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES

NOTE 6 – INVESTMENT IN UNCONSOLIDATED JOINT VENTURES

As of March 31, 2025 and December 31, 2024, the Company participated in two unconsolidated joint ventures, each of which owns and operates one property; the Company’s equity investment in these ventures totaled $1,506,000 and $2,101,000, respectively. The Company recorded equity in earnings of $25,000 and $53,000 for the three months ended March 31, 2025 and 2024, respectively.