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Consolidated Statement of Changes in Equity - USD ($)
Total
Total Stockholders' Equity
Preferred Stock
Common Stock
Additional Paid-in Capital
Cumulative Distributions to Stockholders
Accumulated Earnings
Noncontrolling interests
Beginning balance (in shares) at Dec. 31, 2024     2,400,000          
Balance at Dec. 31, 2024 $ 237,899,032 $ 237,799,532 $ 57,254,935 $ 523,093 $ 314,700,120 $ (204,701,714) $ 70,023,098 $ 99,500
Beginning balance (in shares) at Dec. 31, 2024       52,309,209        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock (in shares)       15,263        
Issuance of common stock 42,492 42,492   $ 153 42,339      
Net income (loss) (522,568) (522,568)         (522,568)  
Common stock dividends (4,185,958) (4,185,958)       (4,185,958)    
Preferred stock dividends (1,184,958) (1,184,958)       (1,184,958)    
Ending balance (in shares) at Mar. 31, 2025     2,400,000          
Balance at Mar. 31, 2025 $ 232,048,040 231,948,540 $ 57,254,935 $ 523,246 314,742,459 (210,072,630) 69,500,530 99,500
Ending balance (in shares) at Mar. 31, 2025       52,324,472        
Beginning balance (in shares) at Dec. 31, 2025 2,400,000   2,400,000          
Balance at Dec. 31, 2025 $ 219,086,718 [1] 218,987,218 $ 57,254,935 $ 523,995 314,889,201 (220,958,702) 67,277,789 99,500
Beginning balance (in shares) at Dec. 31, 2025 52,399,265     52,399,265        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock (in shares)       40,198        
Issuance of common stock $ 52,499 52,499   $ 402 52,097      
Net income (loss) 206,583 206,583         206,583  
Common stock dividends (2,097,579) (2,097,579)       (2,097,579)    
Preferred stock dividends $ (1,184,958) (1,184,958)       (1,184,958)    
Ending balance (in shares) at Mar. 31, 2026 2,400,000   2,400,000          
Balance at Mar. 31, 2026 $ 216,063,263 [1] $ 215,963,763 $ 57,254,935 $ 524,397 $ 314,941,298 $ (224,241,239) $ 67,484,372 $ 99,500
Ending balance (in shares) at Mar. 31, 2026 52,439,463     52,439,463        
[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs") as the Company was the primary beneficiary of these VIEs. As of March 31, 2026 and December 31, 2025, assets of consolidated VIEs totaled $666,553,315 and $889,507,091, respectively and the liabilities of consolidated VIEs totaled $581,030,250 and $750,274,556 respectively. See Note 4 for further discussion.