v3.25.2
Consolidated Statements of Net Assets (Liquidation Basis) (Current Period Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
LIABILITIES:    
Accounts payable $ 1,713,410 $ 1,524,238
Accrued liabilities 2,045,596 2,200,452
Basis of Accounting, Liquidation [Member]    
ASSETS:    
Real estate held for sale 54,890,000 50,388,000
Cash and cash equivalents 5,480,958 5,899,232
Rent receivable 135,780 335,966
Other receivables 15,899 36,893
Total Assets 60,522,637 56,660,091
LIABILITIES:    
Accounts payable 1,713,410 1,524,238
Accrued liabilities 2,200,452 2,045,596
Deferred rent liability 38,789 21,195
Tenant security deposits payable 229,970 213,081
Loans payable 11,020,200 11,169,922
Estimated liquidation and operating costs net of estimated receipts 12,710,951 11,089,746
Total Liabilities 27,913,772 26,063,778
Net assets in liquidation $ 32,608,865 $ 30,596,313