v3.25.2
Segment Disclosures - Summary of Reportable Segments (Detail) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Leasing and related revenues $ 9,324,977 $ 8,615,846 $ 18,365,157 $ 16,991,857
Property operating expenses:        
Payroll and administrative 4,057,430 3,791,306 7,881,791 7,433,053
Food and related items 514,111 544,914 1,007,011 1,065,606
Third-party property management fees 455,166 420,523 896,465 829,139
Utilities 387,477 437,878 839,846 874,335
Repairs and maintenance 240,606 290,925 500,519 617,640
Property taxes 256,533 246,374 513,062 473,665
Other direct property costs 523,842 648,941 1,126,020 1,344,823
Total property operating expenses 6,435,165 6,380,861 12,764,714 12,638,261
Other operating expenses:        
Property operating expenses - affiliates 513,609 502,928 1,023,306 1,002,320
General and administrative 541,728 713,064 1,067,116 1,145,987
Depreciation 1,379,295 1,335,039 2,742,229 2,657,048
Total other operating expenses 2,434,632 2,551,031 4,832,651 4,805,355
Loss from operations 455,180 (316,046) 767,792 (451,759)
Other income (expense):        
Interest expense (1,297,330) (1,319,794) (2,586,221) (2,645,077)
Interest expense – debt issuance costs (35,526) (35,525) (71,050) (71,050)
Other income (expense) 135,686 (36,413) 105,397 (71,270)
Net loss from continuing operations $ (741,990) $ (1,707,778) $ (1,784,082) $ (3,239,156)