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v3.23.1

Note Payable and Revolving Line of Credit (Tables) | 12 Months Ended
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Dec. 31, 2022
Notes Payable [Abstract] |
Carrying Value of Note Payable | As of December 31, 2022 and 2021 the carrying value of the Company’s note payable is summarized as follows:
Note Payable |  | December 31, 2022 |  |  | December 31, 2021 |
Principal balance outstanding |  | $ | 17,801,456 |  |  | $ | 18,335,407 |
Less: Loan procurement costs, net |  |  | (380,602 | ) |  |  | (418,894 | )
Total note payable, net |  | $ | 17,420,854 |  |  | $ | 17,916,513 |
Future Principal Payment Requirements | The following table represents the future principal payment requirements on the note payable as of December 31, 2022:
2023 |  | $ | 558,714 |
2024 |  |  | 582,591 |
2025 |  |  | 607,488 |
2026 |  |  | 633,449 |
2027 |  |  | 660,519 |
2028 and thereafter |  |  | 14,758,695 |
Total principal payments |  | $ | 17,801,456 |

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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
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