XML 71 R57.htm IDEA: XBRL DOCUMENT v3.22.1
Schedule III - Real Estate and Accumulated Depreciation and Amortization - Balances (Details)
12 Months Ended
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Balance at the beginning of the year $ 208,641,166 $ 244,320,582
Acquisitions 22,224,826 10,161,613
Improvements 1,598,105 2,834,367
Impairments (608,000) (1,730,851)
Dispositions of real estate (60,842,404) (46,944,545)
Balance at the end of the year 171,013,693 208,641,166
Balance at the beginning of the year (42,387,199) (44,113,962)
Depreciation and amortization expense (5,029,579) (5,938,958)
Dispositions of real estate 14,468,021 7,665,721
Balance at the end of the year (32,948,757) [1] (42,387,199)
Real estate assets, net $ 138,064,936 $ 166,253,967
[1] Depreciation is computed on a straight-line basis using useful lives up to 39 years.