Real Estate Owned, Net and Real Estate Assets Held for Sale - Real Estate Operating Revenues and Expenses (Details) - USD ($) |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
Real estate operating revenues: | ||||
Total | $ 1,968,463 | $ 2,718,625 | $ 4,152,658 | $ 5,438,326 |
Real estate operating expenses: | ||||
Management fees | 1,280,666 | 1,619,971 | 2,648,455 | 3,335,013 |
Total | 1,561,799 | 782,271 | 2,537,027 | 1,473,277 |
Total real estate | ||||
Real estate operating revenues: | ||||
Lease revenue | 1,470,794 | 2,063,600 | 3,130,675 | 4,167,822 |
Other operating income | 497,669 | 655,025 | 1,021,983 | 1,270,504 |
Total | 1,968,463 | 2,718,625 | 4,152,658 | 5,438,326 |
Real estate operating expenses: | ||||
Utilities | 24,242 | 10,620 | 51,686 | 22,340 |
Real estate taxes | 1,069,663 | 290,632 | 1,368,405 | 681,442 |
Repairs and maintenances | 44,595 | 91,528 | 325,556 | 118,500 |
Management fees | 66,069 | 64,147 | 129,942 | 126,401 |
Other operating expenses | 357,230 | 325,344 | 661,438 | 524,594 |
Total | $ 1,561,799 | $ 782,271 | $ 2,537,027 | $ 1,473,277 |