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Significant Transactions - Affiliates of Eastern Capital Limited (Details) | Nov. 01, 2021 USD ($) $ / shares shares
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Purchase and Sale Agreement | Ground lease agreement |
Significant Transactions |
Total purchase price | $ 28,750,000
Cash payments to acquire productive assets | 28,000,000
Rent expense | $ 151,450
Rent expense, as a percentage of fair market value | 6.50%
Credit Agreement | Secured term Loan |
Significant Transactions |
Principal amount borrowed | $ 22,375,000
Warrant Agreement |
Significant Transactions |
Number of shares which may be issued upon conversion of warrants | shares | 2,579
Exercise price per share of warrants | $ / shares | $ 665
Number of shares which may be issued upon exercise of warrants reflecting the final payment of rent due under sublease | shares | 579
Amount representing final rent under sublease | $ 217,255

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