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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023
Revenues |  |
Rental income | $ 12,024,552 | $ 11,719,165
Total revenues | 12,530,280 | 12,190,715
Expenses |  |
Property operations | 4,739,995 | 4,549,038
General and administrative | 3,258,773 | 2,876,300
Depreciation and amortization | 1,634,147 | 1,634,044
Business development | 3,037 | 20,080
Total expenses | 9,635,952 | 9,079,462
Operating income | 2,894,328 | 3,111,253
Other income (expense) |  |
Dividend and interest income | 276,201 | 265,046
Unrealized (loss) gain on marketable equity securities | (166,042) | 408,876
Interest expense | (880,744) | (846,406)
Total other expense, net | (770,585) | (172,484)
Net income and comprehensive income | $ 2,123,743 | $ 2,938,769
Earnings per share |  |
Basic | $ 0.19 | $ 0.26
Diluted | $ 0.19 | $ 0.26
Weighted average shares outstanding |  |
Basic | 11,094,915 | 11,045,699
Diluted | 11,143,831 | 11,087,217
Other property related income |  |
Revenues |  |
Revenues | $ 435,167 | $ 392,577
Management fees and other income |  |
Revenues |  |
Revenues | $ 70,561 | $ 78,973

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