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v3.22.1

SUBSEQUENT EVENTS (Details) |  | 1 Months Ended | 3 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | ---
Apr. 25, 2022 USD ($) property | May 31, 2022 $ / item | May 06, 2022 USD ($) $ / item shares | Mar. 31, 2022 USD ($) $ / item shares | Mar. 31, 2021 USD ($) $ / item | Dec. 31, 2021 $ / item | Sep. 30, 2021 $ / item | Jun. 30, 2021 $ / item
Subsequent events |  |  |  |  |  |  |  |
Total cost of repurchase |  |  |  | $ 1,337,814 |  |  |  |
Units required to be repurchased (in shares) | shares |  |  |  | 589 |  |  |  |
Quarterly distribution per unit approved (in dollars per unit) | $ / item |  |  |  | 9.60 |  |  |  |
Quarterly distribution per unit (in dollars per unit) | $ / item |  |  |  | 0.32 | 0.32 | 0.32 | 0.32 | 0.32
Special distribution per depository receipt (in dollars per receipt) | $ / item |  |  |  | 1.28 |  |  |  |
Special distribution per unit (in dollars per unit) | $ / item |  |  |  | 38.40 |  |  |  |
Payment of debt |  |  |  | $ 600,190 | $ 552,575 |  |  |
Remaining loan balance |  |  |  | 372,590,000 |  |  |  |
Subsequent event |  |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |  |
Number of depository receipts repurchased | shares |  |  | 9,276 |  |  |  |  |
Repurchase price of depository receipts (in dollars per receipt) | $ / item |  |  | 82.09 |  |  |  |  |
Price per unit of depository receipts | $ / item |  |  | 2,462.70 |  |  |  |  |
Total cost of repurchase |  |  | $ 762,172 |  |  |  |  |
Quarterly distribution per unit approved (in dollars per unit) | $ / item |  | 9.60 |  |  |  |  |  |
Quarterly distribution per unit (in dollars per unit) | $ / item |  | 0.32 |  |  |  |  |  |
Special distribution per depository receipt (in dollars per receipt) | $ / item |  | 38.40 |  |  |  |  |  |
Special distribution per unit (in dollars per unit) | $ / item |  | 1.28 |  |  |  |  |  |
Subsequent event | Rate Lock Agreement [Member] |  |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |  |
Interest rate lock deposit | $ 1,599,100 |  |  |  |  |  |  |
Loan amount | $ 79,955,000 |  |  |  |  |  |  |
Interest rate (as a percent) | 4.33% |  |  |  |  |  |  |
Payment of debt | $ 37,147,000 |  |  |  |  |  |  |
Number of properties | property | 4 |  |  |  |  |  |  |
Mortgage prepayment penalties | $ 1,895,000 |  |  |  |  |  |  |
Remaining loan balance | $ 40,913,000 |  |  |  |  |  |  |
Class B |  |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |  |
Total cost of repurchase |  |  |  | 254,118 |  |  |  |
Value of units required to be repurchased |  |  |  | 254,118 |  |  |  |
Class B | Subsequent event |  |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |  |
Units required to be repurchased (in shares) | shares |  |  | 73 |  |  |  |  |
Value of units required to be repurchased |  |  | $ 180,838 |  |  |  |  |
General Partnership |  |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |  |
Total cost of repurchase |  |  |  | 13,375 |  |  |  |
Value of units required to be repurchased |  |  |  | $ 13,375 |  |  |  |
General Partnership | Subsequent event |  |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |  |
Units required to be repurchased (in shares) | shares |  |  | 4 |  |  |  |  |
Value of units required to be repurchased |  |  | $ 9,518 |  |  |  |  |
Class A |  |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |  |
Number of depository receipts repurchased | shares |  |  |  | 14,132 |  |  |  |
Repurchase price of depository receipts (in dollars per receipt) | $ / item |  |  |  | 75.71 |  |  |  |
Total cost of repurchase |  |  |  | $ 1,070,321 |  |  |  |

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