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v3.20.1

SEGMENTS (Net Operating Income by Segment) (Details) | 3 Months Ended
--- | ---
Mar. 31, 2020 USD ($) segment | Mar. 31, 2019 USD ($)
Net Operating Income [Abstract] |  |
Number of reportable segments | segment | 3 |
Rental, fees and other income | $ 7,029,151 | $ 7,179,264
Property and related expenses | (2,381,092) | (2,763,550)
Net operating income, as defined | 4,648,059 | 4,415,714
General and administrative expenses | (1,351,345) | (1,760,703)
Depreciation and amortization | (1,574,526) | (2,210,081)
Interest expense | (2,553,846) | (2,545,203)
Other income (expense) | (6,995) | 5,524
Income tax expense | (83,631) | (81,430)
Gain on sale of real estate | (9,835) | 1,214,242
Net loss | (932,119) | (961,937)
Office/Industrial Properties |  |
Net Operating Income [Abstract] |  |
Rental, fees and other income | 4,984,942 | 5,454,153
Property and related expenses | (2,015,624) | (2,504,787)
Net operating income, as defined | 2,969,318 | 2,949,366
Model Home properties |  |
Net Operating Income [Abstract] |  |
Rental, fees and other income | 1,116,730 | 1,081,684
Property and related expenses | (46,260) | (50,422)
Net operating income, as defined | 1,070,470 | 1,031,262
Retail Use Properties |  |
Net Operating Income [Abstract] |  |
Rental, fees and other income | 927,479 | 643,427
Property and related expenses | (319,208) | (208,341)
Net operating income, as defined | $ 608,271 | $ 435,086

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