INVESTMENTS IN REAL ESTATE, Acquired Lease Intangibles (Details) - USD ($) |
12 Months Ended | |
---|---|---|
Jun. 30, 2022 |
Jun. 30, 2021 |
|
Acquired Lease Intangibles [Abstract] | ||
Cost | $ 2,889,828 | $ 5,141,279 |
Accumulated amortization | (586,168) | (1,086,485) |
Total | $ 2,303,660 | $ 4,054,794 |
Weighted average amortization period (years) | 5 years 2 months 12 days | 3 years 1 month 6 days |
Above-Market Lease Asset [Member] | ||
Acquired Lease Intangibles [Abstract] | ||
Cost | $ 0 | $ 447,663 |
Accumulated amortization | 0 | (63,952) |
Total | 0 | $ 383,711 |
Weighted average amortization period (years) | 3 years 6 months | |
Below-Market Lease Liabilities [Member] | ||
Acquired Lease Intangibles [Abstract] | ||
Cost | 1,455,317 | $ 937,452 |
Accumulated amortization | (391,738) | (99,139) |
Total | $ 1,063,579 | $ 838,313 |
Weighted average amortization period (years) | 4 years 10 months 24 days | 3 years 4 months 24 days |