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Schedule III - Real Estate and Accumulated Depreciation and Amortization - Balances (Details) - USD ($) | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | Dec. 31, 2019 | Dec. 31, 2018
Balance at the beginning of the year |  |  | $ 244,320,582 |  | $ 254,675,874 | $ 254,675,874 |  | $ 274,546,199
Acquisitions |  |  |  |  |  | 13,037,562 |  | 17,326,915
Improvements |  |  |  |  |  | 6,393,711 |  | 3,359,283
Impairment of real estate assets | $ (845,674) |  | (845,674) |  |  | 0 |  | (532,951)
Dispositions of real estate |  |  |  |  |  | (29,786,565) |  | (40,023,572)
Balance at the end of the year |  |  |  |  |  | 244,320,582 |  | 254,675,874
Balance at the beginning of the year |  |  | $ (44,113,962) | [1] | $ (43,567,809) | (43,567,809) |  | (40,012,255)
Depreciation and amortization expense |  |  |  |  |  | (6,693,613) |  | (8,452,012)
Dispositions of real estate |  |  |  |  |  | 6,147,460 |  | 4,896,458
Balance at the end of the year |  |  |  |  |  | (44,113,962) | [1] | (43,567,809)
Real estate assets, net |  |  |  |  |  | $ 200,206,620 |  | $ 211,108,065
[1] | Depreciation is computed on a straight-line basis using useful lives up to 39 years.

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- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2921-110230 + Details
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- Definition Amount of accumulated depreciation pertaining to real estate investments for entities with a substantial portion of business acquiring and holding investment real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28(Column F)) -URI http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024 + Details
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- Definition Amount of decrease to accumulated depreciation for real estate investments sold for entities with a substantial portion of business acquiring and holding investment real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28(Footnote 4)) -URI http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024 + Details
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- Definition Amount of real estate investments acquired through foreclosure for entities with a substantial portion of business acquiring and holding investment real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28(Footnote 4)) -URI http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024 + Details
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- Definition Amount of real estate investments sold for entities with a substantial portion of business acquiring and holding investment real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28(Footnote 4)) -URI http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024 + Details
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- Definition Amount of increase in real estate investments related to improvements for entities with a substantial portion of business acquiring and holding investment real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28(Footnote 4)) -URI http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024 + Details
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- Definition Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(d)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details
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- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(d)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details
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- Definition Amount of depreciation expense of real estate investments for entities with a substantial portion of business acquiring and holding investment real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28(Footnote 4)) -URI http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024 + Details
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