LINE OF CREDIT (Details Narrative) |
6 Months Ended |
|---|---|
|
Jun. 30, 2025
USD ($)
| |
| Line of Credit Facility [Line Items] | |
| Debt agency fee rate | 0.50% |
| Line of credit outstanding amount | $ 16,523,205 |
| Interest rate percentage | 7.90% |
| Webster Credit Line [Member] | |
| Line of Credit Facility [Line Items] | |
| Maximum borrowing capacity | $ 32,500,000 |
| Line of credit facility, interest rate description | The interest rates relating to the Webster Credit Line equal (i) the Secured Overnight Financing Rate (“SOFR”) plus a premium, which rate aggregated approximately 7.9%, including a 0.5% agency fee, as of June 30, 2025, or (ii) a Base Rate (as defined in the Amended and Restated Credit Agreement) plus 2.00% and a 0.5% agency fee, as chosen by the Company for each drawdown |
| Line of credit facility, interest rate at period end | 7.90% |
| Debt agency fee rate | 0.50% |
| Mortgage notes receivable, description | Further, the Company may issue up to $20 million in bonds through its subsidiary, of which not more than $10 million of such bonds may be secured by mortgage notes receivable, and provided that the terms and conditions of such bonds are approved by Webster, subject to its reasonable discretion. In addition, Mr. Ran has provided a personal guaranty for the potential amounts owed under the Webster Credit line, with such guaranty not to exceed the sum of $1,000,000 plus any costs relating to the enforcement of the personal guaranty |
| Webster Credit Line [Member] | Amended and Restated Credit Agreement [Member] | |
| Line of Credit Facility [Line Items] | |
| Line of credit facility, interest rate at period end | 2.00% |
| Debt agency fee rate | 0.50% |