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Merger and Issuance of Common Stock to Terra Offshore REIT - Summary of the assets acquired and liabilities assumed (Details) - Terra Property Trust 2 Inc | Mar. 01, 2020 USD ($)
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Business Acquisition |
Equity issued in the Merger | $ 34,630,615
Total Consideration | 34,630,615
Net Assets of TPT2 Received in the Merger |
Loans held for investment acquired through participation | 17,688,741
Cash and cash equivalents | 16,897,074
Interest receivable | 134,543
Other assets | 18,384
Accounts payable and accrued expenses | (57,433)
Due to Manager | (50,694)
Total identifiable net assets | $ 34,630,615

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