XML 20 R11.htm IDEA: XBRL DOCUMENT
v3.23.2

PREPAID EXPENSES and OTHER ASSETS | 6 Months Ended
--- | ---
Jun. 30, 2023
PREPAID EXPENSES and OTHER ASSETS |
PREPAID EXPENSES and OTHER ASSETS | NOTE 4. PREPAID EXPENSES and OTHER ASSETS ​ Approximately $3,523,000, and $3,406,000 of security deposits are included in prepaid expenses and other assets at June 30, 2023 and December 31, 2022, respectively. The security deposits and escrow accounts are restricted cash. ​ Also, included in prepaid expenses and other assets at June 30, 2023 and December 31, 2022 is approximately $1,547,000 and $1,979,000, respectively, held in escrow to fund future capital improvements, approximately $957,000 and $573,000 respectively in interest receivable, U.S. Treasury bills ,and respectively $840,000 and $580,000 in distributions receivable from the joint ventures. ​ Intangible assets on the acquisition of 653 Worcester Road are included in prepaid expenses and other assets. Intangible assets are approximately $667,000 and $0 net of accumulated amortization of approximately $296,000 and $1,418,000 at June 30, 2023, and at December 31, 2022 respectively. Financing fees in association with the line of credit of approximately $80,000 and $109,000 are net of accumulated amortization of approximately $100,000 and $70,000 at June 30, 2023 and December 31, 2022 respectively.

X
- References No definition available. + Details
Name: | us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_OtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration