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Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
REVENUE        
Lease income from direct financing lease - railroad $ 228,750 $ 228,750 $ 686,250 $ 686,250
Rental income 882,625 334,532 2,121,268 859,587
Misc. income 4,211 589 70,578 8,238
TOTAL REVENUE 1,115,586 563,871 2,878,096 1,554,075
EXPENSES        
Amortization of intangible assets 59,285 59,285 177,854 177,855
General and administrative 145,868 94,144 399,368 312,192
Property tax 5,960 5,537 20,617 16,650
Depreciation Expense 39,767 17,711 96,029 17,711
Interest expense 288,642 113,501 876,324 345,271
TOTAL EXPENSES 539,522 290,178 1,570,192 869,679
NET INCOME 576,064 273,693 1,307,904 684,396
Preferred Stock Dividends (70,058) (70,058) (210,174) (210,174)
NET INCOME ATTRIBUTABLE TO COMMON SHARES $ 506,006 $ 203,635 $ 1,097,730 $ 474,222
Income Per Common Share:        
Basic $ 0.26 $ 0.11 $ 0.57 $ 0.25
Diluted $ 0.25 $ 0.11 $ 0.56 $ 0.25
Weighted Average Number of Shares Outstanding:        
Basic 1,915,200 1,872,939 1,909,151 1,871,093
Diluted 1,984,727 1,885,488 1,967,481 1,871,093
Cash dividend per Series A Preferred Share $ 0.48 $ 0.48 $ 1.45 $ 1.45