| Schedule of equity in gain (loss) from unconsolidated entity over the remaining life |
The following tables detail the NorthPoint JV balance sheet and income statement: | | | | | | | | | June 30, 2025 | | December 31, 2024 | ASSETS | | | | | | | Current Assets | | $ | 15,860,888 | | $ | 17,520,361 | Investment in Real Estate | | | 833,468,112 | | | 843,272,314 | Other Assets | | | 44,925,927 | | | 49,336,699 | Total assets | | $ | 894,254,927 | | $ | 910,129,374 | LIABILITIES AND EQUITY | | | | | | | Current Liabilities | | | 8,253,078 | | | 8,850,784 | Long Term Liabilities | | | 578,613,589 | | | 581,095,338 | Total liabilities | | $ | 586,866,667 | | $ | 589,946,122 | | | | | | | | Members Equity | | $ | 307,388,260 | | $ | 320,183,252 |
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| Schedule of unconsolidated real estate ventures income statement |
| | | | | | | | | | | | | | | | | Three Months Ended | | Three Months Ended | | Six Months Ended | | Six Months Ended | | | | June 30, 2025 | | June 30, 2024 | | June 30, 2025 | | June 30, 2024 | Income | | | $ | 16,271,273 | | $ | 17,410,219 | | $ | 32,890,878 | | $ | 34,726,307 | Building Operating Expenses | | | | (3,463,604) | | | (3,570,161) | | | (8,160,397) | | | (8,143,532) | Other Loss | | | | (14,014,099) | | | (13,965,651) | | | (27,978,150) | | | (27,718,704) | Net Loss | | | $ | (1,206,430) | | $ | (125,593) | | $ | (3,247,669) | | $ | (1,135,929) |
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