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Investment in Tenancy-in-Common (Tables) | 12 Months Ended
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Dec. 31, 2023
Tenant In Common Investment [Abstract] |
Condensed Income Statement of Tenant in Common Investment | The condensed income statements for the twelve months ended December 31, 2023 and 2022 for the tenancy-in-common investment is as follows:
| Jan 1 to Sep 7, |  | Twelve Months ended Dec 31, |
| 2023 |  | 2022 |
Total revenue | $ | 267,454 |  | $ | 372,556 |
Total expenses | $ | 201,909 |  | $ | 262,942 |
Operating income |  | 65,545 |  |  | 109,614 |
Loss on debt extinguishment |  | - |  |  | (31,851 | )
Net income | $ | 65,545 |  | $ | 77,763 |
GIP, LP's Share | $ | 32,773 |  | $ | 37,298 |
Condensed Balance Sheet of Tenant in Common Investment | The condensed balance sheets as of December 31, 2023 and December 31, 2022 for the tenants in common investment is as follows:
| As of December 31, |  | As of December 31, |
| 2023 |  | 2022 |
Net real estate investments | $ | - |  | $ | 4,503,120 |
Deferred rent asset |  | - |  |  | 7,132 |
Prepaid expenses |  | - |  |  | 343 |
Due from related party |  | - |  |  | 21,710 |
Total Assets | $ | - |  | $ | 4,532,305 |
Accounts payable and accrued expenses | $ | - |  | $ | 6,738 |
Prepaid rent |  | - |  |  | 30,550 |
Acquired lease intangible liabilities, net |  | - |  |  | 35,561 |
Mortgage loan, net of unamortized debt issuance costs |  | - |  |  | 2,088,116 |
Total Liabilities | $ | - |  | $ | 2,160,965 |
GIP, LP | $ | - |  | $ | 1,218,268 |
SUNNY RIDGE MHP, LLC |  | - |  |  | 1,153,072 |
Total Tenants in Common Equity | $ | - |  | $ | 2,371,340 |
Total Liabilities and Tenants in Common Equity | $ | - |  | $ | 4,532,305 |

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