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Condensed Consolidated Statements of Cash Flows - USD ($)
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net income (loss) $ 1,742,964 $ (52,097,300)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 11,817,529 13,420,256
Stock compensation expense 2,115,341 522,183
Amortization of deferred rents (950,694) (1,027,863)
Amortization of deferred lease incentives 192,235 45,903
Amortization of deferred financing costs and premium/discount 207,086 796,810
Amortization of above-market lease intangibles 97,367 134,412
Amortization of below-market lease intangibles (1,099,723) (1,157,951)
Impairment of real estate investment properties (400,999) 9,506,525
Impairment of goodwill and intangible assets 0 34,572,403
Gain on forgiveness of economic relief note payable (517,000) 0
Gain on sale of real estate investments (4,532,413) (1,693,642)
Unrealized (gain) loss on interest rate swap valuation (684,057) 1,019,840
Income from investment in unconsolidated entity (222,705) (239,028)
Distributions from investment in unconsolidated entity 247,929 542,140
Change in operating assets and liabilities:    
Decrease (increase) in tenant receivables 613,626 (563,259)
Increase in note receivable (1,283,162) 0
Increase in prepaid and other assets (667,634) (513,161)
(Decrease) increase in accounts payable, accrued and other liabilities (363,007) 1,173,784
Decrease in due to affiliate 0 (628,488)
Net cash provided by operating activities 6,312,683 3,813,564
Cash Flows from Investing Activities:    
Acquisition of real estate investment (3,644,221) 0
Additions to existing real estate investments (531,382) (600,291)
Additions to intangible assets (195,750) (566,102)
Collection of receivable from sale of real estate property 1,824,383 0
Net proceeds from sale of real estate investments 22,840,026 15,364,073
Lease incentives 0 (990,000)
Net cash provided by investing activities 20,293,056 13,207,680
Cash Flows from Financing Activities:    
Borrowings from credit facilities 6,000,000 4,260,000
Repayments of credit facilities (12,000,000) (6,000,000)
Proceeds from mortgage notes payable 25,436,000 35,705,500
Principal payments on mortgage notes payable (29,434,396) (36,421,500)
Proceeds from economic relief notes payable 0 527,000
Principal payments on short-term notes payable 0 (4,800,000)
Refundable loan deposits 18,804 0
Payments of deferred financing costs to third parties (381,076) (389,662)
Proceeds from issuance of preferred stock, net 47,570,374 0
Proceeds from issuance of common stock 2,911,744 10,378,762
Payments of offering costs (946,914) (981,748)
Repurchases of common stock (16,881,466) (13,154,123)
Distributions paid to common stockholders (2,565,452) (4,071,697)
Net cash provided by (used in) financing activities 19,727,618 (14,947,468)
Net increase in cash, cash equivalents and restricted cash 46,333,357 2,073,776
Cash, cash equivalents and restricted cash, beginning of period 8,377,530 6,936,930
Cash, cash equivalents and restricted cash, end of period 54,710,887 9,010,706
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest for the nine months ended September 30, 2021 and 2020 (as revised) 6,116,202 6,930,329
Supplemental Schedule of Noncash Investing and Financing Activities:    
Reclassification from redeemable common stock 8,247,216 4,393,863
Reinvested distributions from common stockholders 3,399,731 5,815,165
Decrease in share repurchases payable (1,631,648) (1,393,275)
Deferred rents 683,605 0
Deferred lease incentive (2,128,538) 0
Accrued distributions 123,521 291,654
Real estate investments held for sale, net 24,585,739 23,033,118
Other assets related to real estate investments held for sale 1,079,361 864,008
(Increase) decrease in above-market lease intangibles, net (50,549) 198,517
Mortgage notes payable related to real estate investments held for sale, net (9,088,438) (14,671,370)
Other liabilities related to real estate investments held for sale (801,337) (3,934,795)
Increase in below-market lease intangibles, net 325,734 73,505
Increase in interest swap derivatives $ 14,166 $ 0