INVESTMENT IN DATACOM JOINT VENTURE - Summarized information - income statement (Details) - USD ($) |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Summary statements of operations | ||||
REVENUES - Rental revenues | $ 1,091,139 | $ 920,512 | $ 2,152,423 | $ 1,829,932 |
Rental operating and other expenses | (2,799,239) | (2,830,251) | (4,877,783) | (5,209,298) |
Depreciation and amortization | (1,019,087) | (828,392) | (2,104,680) | (1,574,024) |
LOSS ON INVESTMENT IN DATACOM JOINT VENTURE | (933,030) | (802,601) | (2,372,646) | (1,386,435) |
Datacom Joint Venture | ||||
Summary statements of operations | ||||
LOSS ON INVESTMENT IN DATACOM JOINT VENTURE | (933,030) | (802,601) | (2,372,646) | (1,386,435) |
Datacom Joint Venture | ||||
Summary statements of operations | ||||
REVENUES - Rental revenues | 1,396,519 | 1,029,958 | 2,732,369 | 2,025,931 |
Rental operating and other expenses | (299,744) | (617,916) | (1,279,220) | (973,238) |
Management fees payable to affiliate | (174,706) | (243,262) | (349,034) | (298,379) |
Depreciation and amortization | (2,505,441) | (2,075,510) | (4,985,244) | (3,810,336) |
Interest Expenses | (576,758) | (1,159,208) | ||
Net loss of Datacom Joint Venture | $ (2,160,130) | $ (1,906,730) | $ (5,040,337) | $ (3,056,022) |
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of income (loss) from continuing operations including portion attributable to the noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of lease income from operating, direct financing, and sales-type leases. Includes, but is not limited to, variable lease payments, interest income, profit (loss) recognized at commencement, and lease payments paid and payable to lessor. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for investment management fee, including, but not limited to, expense in connection with research, selection, supervision, and custody of investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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