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v3.22.4

SUBSEQUENT EVENTS (Details) |  | 1 Months Ended | 2 Months Ended | 12 Months Ended | 184 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | ---
Oct. 14, 2022 USD ($) | Jan. 31, 2023 $ / item | Mar. 13, 2023 shares | Dec. 31, 2022 USD ($) shares | Dec. 31, 2021 USD ($) shares | Dec. 31, 2020 USD ($) shares | Dec. 31, 2022 USD ($) $ / item shares | Dec. 12, 2022 USD ($) ft² | Oct. 04, 2022
Subsequent events |  |  |  |  |  |  |  |  |
Number of depository receipts repurchased | shares |  |  |  |  |  |  | 1,488,460 |  |
Repurchase price of depository receipts (in dollars per receipt) | $ / item |  |  |  |  |  |  | 30.14 |  |
Total cost of repurchase |  |  |  | $ 5,326,973 | $ 450,258 | $ 394,031 | $ 50,495,000 |  |
Units required to be repurchased (in shares) | shares |  |  |  | 2,261 | 240 | 222 |  |  |
Total property cost |  |  |  | $ 400,703,910 | $ 400,588,242 |  | $ 400,703,910 |  |
Modification agreement with Brookline Bank. | Extending the maturity until October 14, 2032 |  |  |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |  |  |
Existing loan amount | $ 5,954,546.14 |  |  |  |  |  |  |  |
Interest rate (as a percent) |  |  |  |  |  |  |  |  | 4.60%
Interest only term | 2 years |  |  |  |  |  |  |  |
Term of debt | 30 years |  |  |  |  |  |  |  |
Additional earnout | $ 1,495,453.86 |  |  |  |  |  |  |  |
Debt service coverage ratio | 1.35 |  |  |  |  |  |  |  |
Threshold percentage of Loan to Value | 65.00% |  |  |  |  |  |  |  |
Purchase and sale agreement | Property located at 659 Worcester Road, Framingham, MA. | Commercial |  |  |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |  |  |
Area of property (in square feet) | ft² |  |  |  |  |  |  |  | 20,700 |
Purchase deposit |  |  |  |  |  |  |  | $ 500,000 |
Purchase and sale agreement | Property located at 659 Worcester Road, Framingham, MA. | Residential buildings |  |  |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |  |  |
Total property cost |  |  |  |  |  |  |  | $ 10,151,000 |
Class B |  |  |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |  |  |
Total cost of repurchase |  |  |  | $ 1,011,403 | 85,492 | $ 74,870 |  |  |
Units required to be repurchased (in shares) | shares |  |  |  | 429.65 |  |  |  |  |
General Partnership |  |  |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |  |  |
Total cost of repurchase |  |  |  | $ 53,232 | $ 4,500 | $ 3,941 |  |  |
Units required to be repurchased (in shares) | shares |  |  |  | 22.61 |  |  |  |  |
Subsequent event |  |  |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |  |  |
Number of depository receipts repurchased | shares |  |  | 0 |  |  |  |  |  |
Quarterly distributions per depositary receipt (in dollars per receipt) | $ / item |  | 0.32 |  |  |  |  |  |  |
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 unit (in dollars per unit) | $ / item |  | 38.40 |  |  |  |  |  |  |
Special distribution per depository receipt (in dollars per receipt) | $ / item |  | 1.28 |  |  |  |  |  |  |

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