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UNCONSOLIDATED INVESTMENT IN REAL ESTATE PROPERTY (Tables)
 6 Months Ended
Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investments
The Company’s investment in unconsolidated property as of June 30, 2023 and December 31, 2022 is as follows:
June 30,
2023		December 31,
2022
The TIC Interest$10,011,347 $10,007,420 
Schedule of Properties Equity In Earnings
The Company’s income from investment in unconsolidated property for the three and six months ended June 30, 2023 and 2022 is as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2023202220232022
The TIC Interest$72,774 $66,868 $128,340 $162,332 
Summarized Financial Information
The following is summarized financial information for the Santa Clara property as of June 30, 2023 and December 31, 2022 and for the three and six months ended June 30, 2023 and 2022:
June 30,
2023		December 31,
2022
Assets:
Real estate investments, net$29,042,413 $29,294,081 
Cash and cash equivalents679,755 300,405 
Other assets1,370 43,159 
Total assets$29,723,538 $29,637,645 
Liabilities:
Mortgage note payable, net$12,790,723 $12,936,929 
Below-market lease, net2,441,006 2,514,199 
Other liabilities722,937 424,662 
Total liabilities15,954,666 15,875,790 
Total equity13,768,872 13,761,855 
Total liabilities and equity$29,723,538 $29,637,645 
Three Months Ended
June 30,		Six Months Ended
June 30,
2023202220232022
Total revenues$677,049 $676,780 $1,343,195 $1,391,758 
Expenses:
Depreciation and amortization255,906 261,956 522,958 523,912 
Interest expense131,938 134,968 263,263 269,262 
Other expenses189,118 187,890 378,847 375,324 
Total expenses576,962 584,814 1,165,068 1,168,498 
Net income$100,087 $91,966 $178,127 $223,260