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Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities:    
Net income (loss) $ 51,032 $ (9,682,820)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 7,228,394 6,983,173
Stock compensation expense 1,320,339 1,191,612
Amortization of deferred rents (2,755,717) (809,558)
Amortization of deferred lease incentives 177,140 147,049
Write-offs and amortization of deferred financing costs and premium/discount 390,426 1,368,507
Amortization of (below) above market lease intangibles, net (392,184) (647,973)
Impairment of real estate investment property 3,499,438 0
Impairment of goodwill 0 17,320,857
Gain on sale of real estate investments 0 (7,595,157)
Unrealized gain on interest rate swap valuation (1,986,415) (589,997)
Write-off of unrealized gain on interest rate swaps 0 (788,016)
Income from unconsolidated investment in a real estate property (128,340) (162,332)
Distributions from unconsolidated investment in a real estate property 124,414 147,153
Change in operating assets and liabilities:    
Increase in tenant receivables (81,200) (1,356,969)
Decrease in prepaid and other assets 144,778 572,422
Decrease in accounts payable, accrued and other liabilities (302,997) (1,021,479)
Net cash provided by operating activities 7,289,108 5,076,472
Cash Flows from Investing Activities:    
Acquisitions of real estate investments (93,757,187) (99,691,164)
Additions to existing real estate investments (421,576) (1,546,131)
Collection of note receivable from early termination of lease 0 390,000
Net proceeds from sale of real estate investments 0 45,257,181
Purchase deposits, net (1,687,800) (730,780)
Payment of lease incentives (10,815) (2,100,000)
Net cash used in investing activities (95,877,378) (58,420,894)
Cash Flows from Financing Activities:    
Borrowings from credit facility term loan 100,000,000 150,000,000
Repayments of credit facility revolver, net (3,000,000) (1,247,000)
Principal payments on mortgage notes payable (153,653) (130,361,583)
Payments of deferred financing costs 0 (2,186,468)
Proceeds from listed offering of common stock, net 0 114,500
Payments of offering costs 0 (946,690)
Repurchases of common stock (1,129,162) (3,253,902)
Dividends paid to preferred stockholders (1,843,750) (1,987,153)
Net cash provided by financing activities 89,891,731 6,642,351
Net increase (decrease) in cash and cash equivalents 1,303,461 (46,702,071)
Cash and cash equivalents, beginning of period 8,608,649 58,407,520
Cash and cash equivalents, end of period 9,912,110 11,705,449
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest 5,148,297 2,874,272
Supplemental Schedule of Noncash Investing and Financing Activities:    
Issuance of Class C OP Units in the acquisition of a real estate investment 5,175,284 32,809,550
Reinvested distributions from common stockholders 1,161,894 2,203,627
Unpaid real estate improvements 0 522,845
Reclassification of tenant improvements from other assets to real estate investments 0 73,323
Accrued distributions and dividends 29,338 (32,581)
Supplemental disclosure related to changes in real estate investments held for sale, net:    
Real estate investments held for sale, net 41,913,864 31,510,762
Other assets related to real estate investments held for sale 2,324,752 788,296
Mortgage notes payable related to real estate investments held for sale, net 0 (21,699,912)
Other liabilities related to real estate investments held for sale 347,371 (383,282)
Common Stock    
Cash Flows from Financing Activities:    
Distributions paid (3,172,005) (2,860,513)
Class C OP Units    
Cash Flows from Financing Activities:    
Distributions paid $ (809,699) $ (628,840)