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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows from Operating Activities    
Net Income $ 7,423,771 $ 11,445,720
Adjustments to reconcile net income to net cash provided by operating activities    
Interest accrued on U.S. Treasury bills   (3,362,372)
Depreciation and amortization 15,754,431 12,729,275
Amortization of deferred finance costs 393,023 284,838
(Income) from investments in joint ventures (994,475) (909,207)
Change in operating assets and liabilities    
Proceeds from unconsolidated joint ventures 62,500 102,500
(Increase) in rents receivable (169,964) (681)
(Decrease) Increase in accounts payable and accrued expense (2,032,286) 677,850
(Increase) in real estate tax escrow (27,628) (272,103)
(Increase) in prepaid expenses and other assets (1,346,929) (553,922)
Increase (Decrease) in advance rental payments and security deposits 1,293,058 (176,020)
Total Adjustments 12,931,730 8,520,158
Net cash provided by operating activities 20,355,501 19,965,878
Cash Flows From Investing Activities    
Distribution in excess of investment in unconsolidated joint ventures 775,000 3,870,000
Investment in U.S. Treasury bills (31,060,131) (138,877,950)
Proceeds from U.S. Treasury bills 116,027,967 140,807,000
Developing of rental property and other related costs (12,475,634) (7,961,579)
Purchase of rental property (108,885,341)  
Improvement of rental properties (9,323,122) (7,407,648)
Net cash (used in) provided by investing activities (44,941,261) (9,570,177)
Cash Flows from Financing Activities    
Principal payments of mortgage notes payable (21,274,632) (2,098,252)
Proceeds from Mortgage Notes Payable 57,429,410  
Stock buyback (398,471) (1,613,829)
Distributions to partners (15,412,282) (9,844,390)
Net cash provided by (used in) financing activities 20,344,025 (13,556,471)
Net (Decrease) Increase in Cash and Cash Equivalents (4,241,735) (3,160,770)
Cash and Cash Equivalents, at beginning of period 17,615,940 18,230,463
Cash and Cash Equivalents, at end of period $ 13,374,205 $ 15,069,693