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UNCONSOLIDATED INVESTMENT IN REAL ESTATE PROPERTY - Summarized Financial Information (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Jun. 30, 2024
Dec. 31, 2023
Jun. 30, 2023
Dec. 31, 2022
Assets:                
Total assets $ 507,372,419   $ 507,372,419     $ 530,895,830    
Liabilities:                
Total liabilities 295,621,276   295,621,276     305,773,922    
Total equity 211,751,143 $ 238,403,836 211,751,143 $ 238,403,836 $ 225,695,444 225,121,908 $ 240,093,257 $ 241,033,960
Total liabilities and equity 507,372,419   507,372,419     530,895,830    
Income 11,589,370 12,500,338 34,833,458 34,648,083        
Expenses:                
Operating income (loss) 4,899,801 (4,717,876) 16,651,331 (1,226,858)        
Net (loss) income (1,047,736) (6,905,242) 4,851,323 (6,854,210)        
The TIC Interest                
Assets:                
Real estate investments, net 27,789,089   27,789,089     28,563,746    
Cash and cash equivalents 426,652   426,652     482,653    
Other assets 81,525   81,525     79,639    
Total assets 28,297,266   28,297,266     29,126,038    
Liabilities:                
Mortgage note payable, net 12,415,632   12,415,632     12,642,798    
Below-market lease, net 2,258,022   2,258,022     2,367,812    
Other liabilities 571,502   571,502     287,989    
Total liabilities 15,245,156   15,245,156     15,298,599    
Total equity 13,052,110   13,052,110     13,827,439    
Total liabilities and equity 28,297,266   28,297,266     $ 29,126,038    
Income 684,904 693,170 2,067,396 2,036,365        
Expenses:                
Depreciation and amortization 259,846 257,844 779,517 780,802        
Other expenses 193,239 193,902 594,020 572,749        
Total expenses 453,085 451,746 1,373,537 1,353,551        
Operating income (loss) 231,819 241,424 693,859 682,814        
Interest expense 129,343 132,547 387,746 395,810        
Net (loss) income $ 102,476 $ 108,877 $ 306,113 $ 287,004