XML 65 R53.htm IDEA: XBRL DOCUMENT v3.24.3
Schedule of Aging of Mortgage Loans (Details) - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Jun. 30, 2024
Sep. 30, 2023
Jun. 30, 2023
Dec. 31, 2022
Marketable Securities [Line Items]            
Mortgage Loans during period $ 285,598,486 $ 281,382,873        
Mortgage Loans, Allowance for Loan Losses (1,579,746) (3,818,653) $ (2,853,852) $ (2,612,944) $ (2,663,560) $ (1,970,311)
Mortgage Loans, Unamortized deferred loan fees, net (1,978,564) (1,623,226)        
Mortgage Loans, Unamortized discounts, net (305,994) (324,157)        
Past Due 30 to 59 Days [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 6,252,738 3,387,673        
Past Due 60 to 89 Days [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 1,299,663 3,472,760        
Past Due 90 or More Days [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period [1] 5,738,008 3,885,931        
In Foreclosure [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period [1] 3,708,118 2,263,298        
Total Past Due [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 16,998,527 13,009,662        
Current [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 268,599,959 268,373,211        
Net Mortgage Loans [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 281,734,182 275,616,837        
Commercial Loan [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 66,462,554 74,176,538        
Mortgage Loans, Allowance for Loan Losses (761,712) (1,219,653) (849,323) (810,182) (831,055) (187,129)
Mortgage Loans, Unamortized deferred loan fees, net (94,848) (172,989)        
Mortgage Loans, Unamortized discounts, net (152,838) (216,705)        
Commercial Loan [Member] | Past Due 30 to 59 Days [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period        
Commercial Loan [Member] | Past Due 60 to 89 Days [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period        
Commercial Loan [Member] | Past Due 90 or More Days [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period [1] 3,555,000 405,000        
Commercial Loan [Member] | In Foreclosure [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period [1] 191,508 1,241,508        
Commercial Loan [Member] | Total Past Due [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 3,746,508 1,646,508        
Commercial Loan [Member] | Current [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 62,716,046 72,530,030        
Commercial Loan [Member] | Net Mortgage Loans [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 65,453,156 72,567,191        
Residential Mortgage [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 88,452,336 103,153,587        
Mortgage Loans, Allowance for Loan Losses (556,662) (2,390,894) (1,779,386) (1,600,170) (1,589,860) (1,739,980)
Mortgage Loans, Unamortized deferred loan fees, net (1,194,377) (1,135,491)        
Mortgage Loans, Unamortized discounts, net (153,156) (107,452)        
Residential Mortgage [Member] | Past Due 30 to 59 Days [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 6,252,738 3,387,673        
Residential Mortgage [Member] | Past Due 60 to 89 Days [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 1,299,663 3,472,760        
Residential Mortgage [Member] | Past Due 90 or More Days [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period [1] 2,183,008 3,480,931        
Residential Mortgage [Member] | In Foreclosure [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period [1] 3,516,610 1,021,790        
Residential Mortgage [Member] | Total Past Due [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 13,252,019 11,363,154        
Residential Mortgage [Member] | Current [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 75,200,317 91,790,433        
Residential Mortgage [Member] | Net Mortgage Loans [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 86,548,141 99,519,750        
Residential Construction [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 130,683,596 104,052,748        
Mortgage Loans, Allowance for Loan Losses (261,372) (208,106) $ (225,143) $ (202,592) $ (242,645) $ (43,202)
Mortgage Loans, Unamortized deferred loan fees, net (689,339) (314,746)        
Mortgage Loans, Unamortized discounts, net        
Residential Construction [Member] | Past Due 30 to 59 Days [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period        
Residential Construction [Member] | Past Due 60 to 89 Days [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period        
Residential Construction [Member] | Past Due 90 or More Days [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period [1]        
Residential Construction [Member] | In Foreclosure [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period [1]        
Residential Construction [Member] | Total Past Due [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period        
Residential Construction [Member] | Current [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period 130,683,596 104,052,748        
Residential Construction [Member] | Net Mortgage Loans [Member]            
Marketable Securities [Line Items]            
Mortgage Loans during period $ 129,732,885 $ 103,529,896        
[1] Interest income is not recognized on loans which are more than 90 days past due or in foreclosure.