XML 23 R11.htm IDEA: XBRL DOCUMENT
v3.25.0.1

PREPAID EXPENSES and OTHER ASSETS | 12 Months Ended
--- | ---
Dec. 31, 2024
PREPAID EXPENSES and OTHER ASSETS |
PREPAID EXPENSES and OTHER ASSETS | NOTE 4. PREPAID EXPENSES and OTHER ASSETS Approximately $3,463,000 and $3,601,000 of security deposits are included in prepaid expenses and other assets at December 31, 2024 and 2023, respectively. The security deposits and escrow accounts are restricted cash. Included in prepaid expenses and other assets at December 31, 2024 and 2023, respectively, is approximately $2,260,000 and $1,784,000, held in escrow to fund future capital improvements. Intangible assets on the acquisition of rental properties are included in prepaid expenses and other assets. Intangible assets are approximately $334,000 and $677,000 net of accumulated amortization of approximately $1,215,000 and $872,000 at December 31, 2024 and 2023 respectively. Financing fees in association with the refinancing and the line of credit of approximately $217,000 and $52,000 are net of accumulated amortization of approximately $60,000, and $130,000 at December 31, 2024 and 2023 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