v3.22.2.2
Consolidated Statements of Cash Flows (Predecessor Basis) - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:        
Net decrease in net assets resulting from operations $ 249,948 $ (9,667,137) $ 4,279,592  
Adjustments to reconcile net decrease in net assets resulting from operations to net cash from operating activities:        
Proceeds from sale of investments, net   5,204,853    
Return of capital   11,486,835    
Purchase of investments   (12,685,590)    
Net realized gain on investments (737,332) (1,016,326) (7,349,159)  
Net unrealized loss on investments   10,135,612    
Amortization of deferred offering costs   342,015 23,146  
Changes in assets and liabilities:        
Investments income, rent and other receivables (252,735) (447,398) 15,038  
Due from related entities   (150,866)    
Other assets   65,129    
Payment of deferred offering costs   (36,578)    
Accounts payable and accrued liabilities 340,292 (48,028) 2,354,321  
Due to related entities (703,660) (40,083) 70,359  
Net cash from operating activities 970,782 3,142,438 4,622,076  
Cash flows from investing activities:        
Cash acquired through consolidation of subsidiary   1,932,088    
Net cash from investing activities (21,419,668) 1,932,088 (32,164,313)  
Cash flows from financing activities:        
Proceeds from issuance of common stock   218,439   $ 218,439
Payment of selling commissions and fees   (9,107) (705,770)  
Change in capital pending acceptance   (87,739) 85,000  
Net cash from financing activities 14,048,927 121,593 28,786,849  
Net increase (decrease) in cash and restricted cash (6,399,959) 5,196,119 1,244,612  
Cash and restricted cash at beginning of the year 14,153,512 8,957,393 7,753,553 8,957,393
Cash and restricted cash at end of the year 7,753,553 14,153,512 8,998,165 7,753,553
Cash at end of the year 4,305,663 12,539,943 7,400,163 4,305,663
Restricted cash at end of the year 0 1,613,569 1,092,816 0
Non-cash investing and financing activities:        
Issuance of the Company's common stocks to redeem subsidiary's non-controlling interests   3,957,115    
Assets:        
Real estate assets 28,965,173 30,196,471 97,421,318 28,965,173
Cash and restricted cash   1,932,088    
Rents and other receivable   197,760    
Other assets   837,133    
Liabilities:        
Mortgage note payable $ 38,693,330 23,974,545 $ 68,370,415 $ 38,693,330
Accounts payable and accrued liabilities   943,805    
Due to affiliates   150,866    
Net assets   $ 8,094,236