XML 32 R25.htm IDEA: XBRL DOCUMENT
v3.25.1

Non-Controlling Interests (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Noncontrolling Interest [Abstract] |
Summary of Redeemable Non-Controlling Interests | The following table reflects the Company's redeemable non-controlling interests and non-controlling interest during the three months ended March 31, 2025 and 2024:
| Brown Family Trust and Brown Family Enterprises, LLC |  | LMB Owenton I LLC |  | GIP LP (Former Greenwal, L.C. and Riverside Crossing, L.C. Members) |  | JCWC Funding, LLC |  | Lloyd M. Bernstein |  | LC2-NNN Pref, LLC |  | Total Redeemable Non-Controlling Interests |  | Non-Controlling Interests - Former GIP Fund 1 Members |
Balance, December 31, 2023 | $ | 3,000,000 |  | $ | 1,109,570 |  | $ | - |  | $ | - |  |  |  | $ | 14,702,853 |  | $ | 18,812,423 |  | $ | 406,131 |
Distribution on Non-Controlling Interests |  | (52,500 | ) |  | (18,157 | ) |  | (9,705 | ) |  | - |  |  |  |  | (187,471 | ) |  | (267,833 | ) |  | (2,844 | )
Net income (loss) for the quarter |  | 52,500 |  |  | 18,157 |  |  | 9,705 |  |  | - |  |  |  |  | 873,344 |  |  | 953,706 |  |  | (7,582 | )
Balance, March 31, 2024 | $ | 3,000,000 |  | $ | 1,109,570 |  | $ | - |  | $ | - |  |  |  | $ | 15,388,726 |  | $ | 19,498,296 |  | $ | 395,705 |
Balance, December 31, 2024 | $ | 3,000,000 |  | $ | 1,109,570 |  | $ | - |  | $ | 5,580,000 |  |  |  | $ | 16,974,975 |  | $ | 26,664,545 |  | $ | 392,861 |
Issuance of Redeemable Non-Controlling Interests |  | - |  |  | - |  |  | - |  |  | - |  |  | 4,209,154 |  |  | - |  |  | 4,209,154 |  |  | - |
Distribution on Non-Controlling Interests |  | (52,500 | ) |  | (24,209 | ) |  | - |  |  | (90,675 | ) |  | (33,934 | ) |  | (204,331 | ) |  | (405,648 | ) |  | - |
Net income (loss) for the quarter |  | 52,500 |  |  | 24,209 |  |  | - |  |  | 90,675 |  |  | 33,934 |  |  | 733,081 |  |  | 934,399 |  |  | - |
Balance, March 31, 2025 | $ | 3,000,000 |  | $ | 1,109,570 |  | $ | - |  | $ | 5,580,000 |  | $ | 4,209,154 |  | $ | 17,503,725 |  | $ | 31,402,450 |  | $ | 392,861 |

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