v3.22.2.2
INVESTMENTS IN REAL ESTATE, Summary (Details)
6 Months Ended 12 Months Ended
Jun. 01, 2022
USD ($)
May 16, 2022
USD ($)
Oct. 04, 2021
USD ($)
Jun. 30, 2021
USD ($)
Dec. 31, 2020
USD ($)
Jun. 30, 2022
USD ($)
Tenant
Purchase Price Allocation [Abstract]            
Depreciation expenses       $ 1,107,467 $ 0 $ 2,866,400
Hollywood Property [Member]            
Asset Acquisitions [Abstract]            
Property Name           Hollywood Property
Acquisition Date           Oct. 04, 2021
Purchase Price Allocation [Abstract]            
Assets acquired     $ 19,890,830      
Hollywood Property [Member] | Land [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired     8,704,595      
Hollywood Property [Member] | Building [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired     10,524,548      
Hollywood Property [Member] | Site Improvements [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired     30,436      
Hollywood Property [Member] | Tenant Improvements [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired     41,852      
Hollywood Property [Member] | Furniture, Fixtures & Equipment [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired     361,055      
Hollywood Property [Member] | Lease in Place [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired     204,346      
Hollywood Property [Member] | Leasing Commissions [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired     $ 23,998      
Shoreline Apartments [Member]            
Asset Acquisitions [Abstract]            
Property Name           Shoreline Apartments
Acquisition Date           May 16, 2022
Purchase Price Allocation [Abstract]            
Assets acquired   $ 28,237,117        
Shoreline Apartments [Member] | Land [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired   7,559,390        
Shoreline Apartments [Member] | Building [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired   17,859,545        
Shoreline Apartments [Member] | Site Improvements [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired   1,407,789        
Shoreline Apartments [Member] | Furniture, Fixtures & Equipment [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired   857,443        
Shoreline Apartments [Member] | Lease in Place [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired   $ 552,950        
Satellite Place [Member]            
Asset Acquisitions [Abstract]            
Property Name           Satellite Place
Acquisition Date           Jun. 01, 2022
Purchase Price Allocation [Abstract]            
Assets acquired $ 15,148,128          
Net leasehold asset (liability) (517,865)          
Total assets acquired, net 14,630,263          
Satellite Place [Member] | Land [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired 2,966,129          
Satellite Place [Member] | Building [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired 6,465,450          
Satellite Place [Member] | Site Improvements [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired 2,114,369          
Satellite Place [Member] | Tenant Improvements [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired 2,136,966          
Satellite Place [Member] | Lease in Place [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired 1,028,415          
Satellite Place [Member] | Leasing Commissions [Member]            
Purchase Price Allocation [Abstract]            
Assets acquired $ 436,799          
Addison Corporate Center [Member]            
Consolidated Operating Properties [Abstract]            
Property Name           Addison Corporate Center
Property Owner           The Operating Partnership
Location           Windsor, CT
Number of Tenants | Tenant           6
Year Built           1980
Ownership Interest           100.00%
Commodore Apartment [Member]            
Consolidated Operating Properties [Abstract]            
Property Name           Commodore Apartments
Property Owner           Madison-PVT Partners LLC
Location           Oakland, CA
Number of Tenants | Tenant           48
Year Built           1912
Ownership Interest           100.00%
Pon Do Leo Apartment [Member]            
Consolidated Operating Properties [Abstract]            
Property Name           Pon de Leo Apartments
Property Owner           PVT-Madison Partners LLC
Location           Oakland, CA
Number of Tenants | Tenant           39
Year Built           1929
Ownership Interest           100.00%
Hollywood Property [Member]            
Consolidated Operating Properties [Abstract]            
Property Name           Hollywood Property
Property Owner           The Operating Partnership
Location           Hollywood, CA
Number of Tenants | Tenant           16
Year Built           1917
Ownership Interest           100.00%
Shoreline Apartments [Member]            
Consolidated Operating Properties [Abstract]            
Property Name           Shoreline Apartments
Property Owner           The Operating Partnership
Location           Concord, CA
Number of Tenants | Tenant           76
Year Built           1968
Ownership Interest           100.00%
Satellite Place [Member]            
Consolidated Operating Properties [Abstract]            
Property Name           Satellite Place
Property Owner           MacKenzie Satellite Place Inc.
Location           Duluth, GA
Number of Tenants | Tenant           1
Year Built           2002
Ownership Interest           100.00%
Operating Partnership [Member]            
Consolidated Operating Properties [Abstract]            
Ownership Interest           10.48%