XML 43 R34.htm IDEA: XBRL DOCUMENT v3.22.1
Loans Held for Investment - Lending activities (Details) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Loans and Financing Receivable    
PIK interest $ 0 $ 224,197
Provision for loan losses (50,296) (276,020)
Real Estate Loan    
Loans and Financing Receivable    
Beginning balance 469,673,314 422,280,515
New loans made 88,119,821 14,410,706
Principal repayments received (750,000) (31,531,804)
PIK interest   676,646
Amortization of premiums (15,348) (15,348)
Accrual, payment and accretion of investment-related fees and other, net 1,041,509 524,176
Provision for loan losses (50,296) (276,020)
Ending balance 558,019,000 406,068,871
Real Estate Loan | Loans held for investment, net    
Loans and Financing Receivable    
Beginning balance 457,329,582 417,986,462
New loans made 87,538,133 14,410,706
Principal repayments received (750,000) (31,531,804)
PIK interest   676,646
Amortization of premiums (15,348) (15,348)
Accrual, payment and accretion of investment-related fees and other, net 1,029,625 526,081
Provision for loan losses (50,296) (276,020)
Ending balance 545,081,696 401,776,723
Real Estate Loan | Loans Held For Investment Acquired Through Participation    
Loans and Financing Receivable    
Beginning balance 12,343,732 4,294,053
New loans made 581,688 0
Principal repayments received 0 0
PIK interest   0
Amortization of premiums 0 0
Accrual, payment and accretion of investment-related fees and other, net 11,884 (1,905)
Provision for loan losses 0 0
Ending balance $ 12,937,304 $ 4,292,148