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Schedule III - Real Estate and Accumulated Depreciation and Amortization (Tables)
12 Months Ended
Dec. 31, 2020
SCHEDULE OF REAL ESTATE PROPERTY COST, IMPROVEMENTS AND DEPRECIATION  
SCHEDULE OF INVESTMENT IN REAL ESTATE AND ACCUMULATED DEPRECIATION

 

   For the Year Ended December 31, 
   2020   2019 
Real estate          
Balance at the beginning of the year  $244,320,582   $254,675,874 
Acquisitions   10,161,613    13,037,562 
Improvements   2,834,367    6,393,711 
Impairments   (1,730,851)    
Dispositions of real estate   (46,944,545)   (29,786,565)
Balance at the end of the year  $208,641,166   $244,320,582 
Accumulated depreciation and amortization          
Balance at the beginning of the year  $(44,113,962)  $(43,567,809)
Depreciation and amortization expense   (5,938,958)   (6,693,613)
Dispositions of real estate   7,665,721    6,147,460 
Balance at the end of the year  $(42,387,199)  $(44,113,962)
           
Real estate assets, net  $166,253,967   $200,206,620