v3.25.2
INTANGIBLE LIABILITIES - NET (Tables)
6 Months Ended
Jun. 30, 2025
INTANGIBLE LIABILITIES - NET  
Schedule of intangible liabilities, net

    

Estimated Useful Life (in years)

    

June 30, 2025

    

December 31, 2024

Below market leases

 

5

$

1,321,686

$

1,321,686

Total intangible liabilities

 

1,321,686

 

1,321,686

Less accumulated amortization

 

(566,436)

 

(440,562)

Total intangible liabilities - net

$

755,250

$

881,124

Schedule of weighted average remaining useful lives of intangible liabilities

Weighted-Average Remaining Life (Years)

    

June 30, 2025

    

June 30, 2024

Below market leases

3

4

Schedule of future annual amortization for intangible liabilities

Years ending December 31:

    

 

Remainder of 2025

125,875

2026

 

251,750

2027

 

251,750

2028

 

125,875

2029

 

Thereafter

 

Total

$

755,250