v3.25.2
Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (1,784,082) $ (5,209,048)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 2,742,229 2,657,048
Amortization of debt issuance costs 71,050 71,050
Stock based compensation expense related to issuance of restricted stock 8,008 7,699
Discontinued operating activities   977,575
Increase (decrease) in cash, cash equivalents, and restricted cash from changes in assets and liabilities:    
Other assets 480,198 29,820
Accounts payable and accrued liabilities 77,546 105,764
Due to affiliates 566,141 496,858
Discontinued operating activities   (37,625)
Net cash provided by (used in) operating activities 2,161,090 (900,859)
Cash flows from investing activities:    
Additions to real estate facilities (1,735,328) (565,396)
Discontinued investing activities 0 (193,341)
Net cash used in investing activities (1,735,328) (758,737)
Cash flows from financing activities:    
Scheduled principal payments of mortgage loans (920,043) (861,188)
Discontinued financing activities 0 4,337,561
Net cash (used in) provided by financing activities (920,043) 3,476,373
Net change in cash, cash equivalents, and restricted cash (494,281) 1,816,777
Cash, cash equivalents, and restricted cash, beginning of period 11,976,151 8,288,459
Cash, cash equivalents, and restricted cash, end of period 11,481,870 10,105,236
Supplemental disclosures and non-cash transactions:    
Cash paid for interest - continuing and discontinued operations 2,604,378 4,748,349
Distributions payable to preferred unit holders in our operating partnership $ 738,598 $ 700,424