v3.26.1
Investment in Unconsolidated Real Estate Venture (Tables)
12 Months Ended
Dec. 31, 2025
Investment in Unconsolidated Real Estate Venture  
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:

  ​ ​ ​

December 31, 2025

  ​ ​ ​

December 31, 2024

ASSETS

  ​

  ​

Current Assets

$

15,332,733

$

17,520,361

Investment in Real Estate

820,220,161

843,272,314

Other Assets

 

43,347,591

 

49,336,699

Total assets

$

878,900,485

$

910,129,374

LIABILITIES AND EQUITY

 

  ​

 

  ​

Current Liabilities

305,825,505

8,850,784

Long Term Liabilities

279,604,149

581,095,338

Total liabilities

$

585,429,654

$

589,946,122

Members Equity

$

293,470,831

$

320,183,252

Schedule of unconsolidated real estate ventures income statement

Year Ended

Year Ended

December 31, 2025

  ​ ​ ​

December 31, 2024

Income

$

68,262,296

$

67,488,134

Building Operating Expenses

(16,336,988)

(15,430,108)

Other Loss

(55,788,039)

(55,475,057)

Net Loss

$

(3,862,731)

$

(3,417,031)