XML 88 R78.htm IDEA: XBRL DOCUMENT v3.23.3
Property Loans - Additional Information (Details) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Jun. 30, 2023
Sep. 30, 2022
Aug. 31, 2022
Apr. 30, 2022
Mar. 31, 2022
Jan. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Aug. 31, 2023
Jan. 01, 2023
Dec. 31, 2022
Jun. 30, 2022
Property Loans Net Of Loan Loss Allowance [Line Items]                            
Allowance for credit losses                       $ 5,900,000    
Advanced additional funds                 $ 30,125,762 $ 84,680,165        
Other interest income             $ 4,621,098 $ 4,126,695 13,677,110 $ 8,465,788        
Property Loans [Member]                            
Property Loans Net Of Loan Loss Allowance [Line Items]                            
Allowance for credit losses             2,100,000   2,100,000          
Accrued interest receivable             $ 1,600,000   1,600,000       $ 3,200,000  
Live 929 Apartments [Member]                            
Property Loans Net Of Loan Loss Allowance [Line Items]                            
Allowance for credit losses                       $ 495,000    
Amount received as payment in full for outstanding principal and interest on a property loan           $ 1,000,000                
Ohio Properties [Member]                            
Property Loans Net Of Loan Loss Allowance [Line Items]                            
Amount received as payment in full for outstanding principal and interest on a property loan         $ 2,400,000                  
Accrued interest redemption on notes receivable         4,300,000                  
Other interest income         $ 1,700,000                  
Greens Property [Member]                            
Property Loans Net Of Loan Loss Allowance [Line Items]                            
Accrued interest redemption on notes receivable                 $ 1,600,000          
Scharbauer Flats Apartments [Member]                            
Property Loans Net Of Loan Loss Allowance [Line Items]                            
Partnership recognized loan fee $ 33,000                          
Loan maturity date Jan. 01, 2024                          
Poppy Grove Apartments [Member]                            
Property Loans Net Of Loan Loss Allowance [Line Items]                            
Amount to paid for outstanding principal and interest on a note receivable       $ 825,000                    
Advanced additional funds   $ 900,000                        
Magnolia Heights [Member]                            
Property Loans Net Of Loan Loss Allowance [Line Items]                            
Property loan commitments                           $ 10,300,000
Sandy Creek Apartments [Member]                            
Property Loans Net Of Loan Loss Allowance [Line Items]                            
Property loan commitments                     $ 7,800,000      
Magnolia Crossing [Member]                            
Property Loans Net Of Loan Loss Allowance [Line Items]                            
Amount received as payment in full for outstanding principal and interest on a property loan   14,100,000                        
Cross Creek Property [Member]                            
Property Loans Net Of Loan Loss Allowance [Line Items]                            
Amount received as payment in full for outstanding principal and interest on a property loan   11,400,000                        
Accrued interest redemption on notes receivable   1,700,000                        
Advanced additional funds     $ 7,700,000                      
Other interest income   1,700,000                        
Redemption proceeds received   $ 13,000,000