v3.25.2
SEGMENT REPORTING - Segment results (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Rental revenues $ 1,091,139 $ 920,512 $ 2,152,423 $ 1,829,932
Total revenues 1,091,139 920,512 2,152,423 1,829,932
EXPENSES:        
Property operating expenses 214,124 110,529 395,769 253,377
General and administrative 1,175,494 1,488,033 1,430,504 2,610,699
Total expenses 2,799,239 2,830,251 4,877,783 5,209,298
OTHER INCOME (LOSS):        
Interest expense (709,060) (361,546) (1,209,833) (723,457)
Equity method loss on investments (933,030) (802,601) (2,372,646) (1,386,435)
Depreciation and amortization (1,019,087) (828,392) (2,104,680) (1,574,024)
Accretion expense (24,679) (16,854) (48,388) (30,297)
Asset management fees (365,855) (386,443) (733,342) (740,901)
Interest income 2,525 71,818 4,296 194,463
Performance participation allocation     (165,100)  
NET LOSS (3,347,665) (3,002,068) (6,303,543) (5,294,795)
Operating segments        
Revenues:        
Rental revenues 1,091,139 920,512 2,152,423 1,829,932
Total revenues 1,091,139 920,512 2,152,423 1,829,932
EXPENSES:        
Property operating expenses 214,124 110,529 395,769 253,377
General and administrative 22,551 41,895 41,290 53,950
Total expenses 236,675 152,424 437,059 307,327
OTHER INCOME (LOSS):        
Interest expense (709,060) (361,546) (1,209,833) (723,457)
Equity method loss on investments (933,030) (802,601) (2,372,646) (1,386,435)
NET LOSS (787,626) (396,059) (1,867,115) (587,287)
Operating segments | Cell Tower        
Revenues:        
Rental revenues 466,643 275,429 903,394 550,915
Total revenues 466,643 275,429 903,394 550,915
EXPENSES:        
Property operating expenses 158,656 50,669 270,704 143,718
General and administrative 21,866 23,504 38,577 34,724
Total expenses 180,522 74,173 309,281 178,442
OTHER INCOME (LOSS):        
Interest expense (320,355)   (565,295)  
NET LOSS (34,234) 201,256 28,818 372,473
Operating segments | Data Center        
Revenues:        
Rental revenues 624,496 645,083 1,249,029 1,279,017
Total revenues 624,496 645,083 1,249,029 1,279,017
EXPENSES:        
Property operating expenses 55,468 59,860 125,065 109,659
General and administrative 685 1,495 2,713 2,330
Total expenses 56,153 61,355 127,778 111,989
OTHER INCOME (LOSS):        
Interest expense (388,705) (361,546) (644,538) (723,457)
NET LOSS 179,638 222,182 476,713 443,571
Operating segments | Joint Venture        
EXPENSES:        
General and administrative   16,896   16,896
Total expenses   16,896   16,896
OTHER INCOME (LOSS):        
Equity method loss on investments (933,030) (802,601) (2,372,646) (1,386,435)
NET LOSS (933,030) (819,497) (2,372,646) (1,403,331)
Corporate non-segment        
EXPENSES:        
General and administrative (1,152,943) (1,446,138) (1,389,214) (2,556,749)
OTHER INCOME (LOSS):        
Depreciation and amortization (1,019,087) (828,392) (2,104,680) (1,574,024)
Accretion expense (24,679) (16,854) (48,388) (30,297)
Asset management fees (365,855) (386,443) (733,342) (740,901)
Interest income $ 2,525 $ 71,818 4,296 $ 194,463
Performance participation allocation     $ (165,100)