XML 34 R24.htm IDEA: XBRL DOCUMENT
v3.21.2

Redeemable Non-Controlling Interests (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Noncontrolling Interest [Abstract] |
Summary of Redeemable Non-Controlling Interests | The following table reflects our Redeemable Non-Controlling Interests:
|  |  | Brown Family Trust |  | Irby Prop Partners |  | Hornstrom |  | GIP Fund I |  | Greenwal L.C. |  | Riverside Crossing L.C. |  | Total
Balance, December 31, 2019 |  |  | $1,200,000 |  | $- |  | $- |  | $- |  | $4,965,000 |  | $2,033,251 |  | $8,198,251
Distribution on Redeemable Non-Controlling Interest |  |  | (20,375) |  | - |  | - |  | - |  | (86,887) |  | (35,582) |  | (142,844)
Net income for the quarter |  |  | 20,375 |  | - |  | - |  | - |  | 86,887 |  | 35,582 |  | 142,844
Balance, March 31, 2020 |  |  | $1,200,000 |  | $- |  | $- |  | $- |  | $4,965,000 |  | $2,033,251 |  | $8,198,251
Distribution on Redeemable Non-Controlling Interest |  |  | (39,851) |  | - |  | - |  | - |  | - |  | - |  | (39,851)
Net income for the quarter |  |  | 39,851 |  | - |  | - |  | - |  | - |  | - |  | 39,851
Balance, June 30, 2020 |  |  | $1,200,000 |  | $- |  | $- |  | $- |  | $4,965,000 |  | $2,033,251 |  | $8,198,251
Distribution on Redeemable Non-Controlling Interest |  |  | (29,553) |  | - |  | - |  | - |  | (86,888) |  | (35,582) |  | (152,023)
Net income for the quarter |  |  | 29,553 |  | - |  | - |  | - |  | 86,888 |  | 35,582 |  | 152,023
Balance, September 30, 2020 |  |  | $1,200,000 |  | $- |  | $- |  | $- |  | $4,965,000 |  | $2,033,251 |  | $8,198,251
Balance, December 31, 2020 |  |  | $1,200,000 |  | $- |  | $- |  | $486,180 |  | $4,965,000 |  | $2,033,251 |  | $8,684,431
Issuance of Redeemable Non-Controlling Interest for property acquisition |  |  | 500,000 |  | - |  | - |  | - |  | - |  | - |  | 500,000
Distribution on Redeemable Non-Controlling Interest |  |  | (37,104) |  | - |  | - |  | - |  | (33,041) |  | (80,681) |  | (150,826)
Net income for the quarter |  |  | 37,104 |  | - |  | - |  | - |  | 33,041 |  | 80,681 |  | 150,826
Balance, March 31, 2021 |  |  | $1,700,000 |  | $- |  | $- |  | $486,180 |  | $4,965,000 |  | $2,033,251 |  | $9,184,431
Issuance of Redeemable Non-Controlling Interest for property acquisition |  |  | - |  | 950,000 |  | - |  | - |  | - |  | - |  | 950,000
Distribution on Redeemable Non-Controlling Interest |  |  | (41,125) |  | (15,275) |  | - |  | (2,748) |  | - |  | - |  | (59,148)
Net income for the quarter |  |  | 41,125 |  | 15,275 |  | - |  | 2,748 |  | - |  | - |  | 59,148
Balance, June 30, 2021 |  |  | $1,700,000 |  | $950,000 |  | $- |  | $486,180 |  | $4,965,000 |  | $2,033,251 |  | $10,134,431
Redemption of Redeemable Non-Controlling Interest for property disposal |  |  | (1,200,000) |  | - |  | - |  | - |  | - |  | - |  | (1,200,000)
Issuance of Redeemable Non-Controlling Interest for property acquisition |  |  | - |  | - |  | 650,000 |  | - |  | - |  | - |  | 650,000
Distribution on Redeemable Non-Controlling Interest |  |  | (31,399) |  | (19,081) |  | (6,838) |  | (7,898) |  | (33,040) |  | (80,863) |  | (179,119)
Net income for the quarter |  |  | 31,399 |  | 36,259 |  | 10,257 |  | 7,898 |  | 33,040 |  | 80,863 |  | 199,716
Balance, September 30, 2021 |  |  | $500,000 |  | $967,178 |  | $653,419 |  | $486,180 |  | $4,965,000 |  | $2,033,251 |  | $9,605,028

X
- References No definition available. + Details
Name: | us-gaap_NoncontrollingInterestAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity. + References No definition available. + Details
Name: | us-gaap_RedeemableNoncontrollingInterestTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration