| Liquidation Basis of Accounting, Change in Liability for Estimated Costs in Excess of Estimated Receipts [Table Text Block] |
| |
|
January 1,
2025
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|
|
Expenditures/ (Receipts)
|
|
|
Remeasurement of Assets and Liabilities
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|
|
December 31,
2025
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|
|
Assets:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Estimated rents and reimbursements
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$ |
5,816,979 |
|
|
$ |
(3,050,479 |
) |
|
$ |
5,027,180 |
|
|
$ |
7,793,680 |
|
|
Prepaid expenses and other assets
|
|
|
470,864 |
|
|
|
35,532 |
|
|
|
- |
|
|
|
506,396 |
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|
Liabilities:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Property operating costs
|
|
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(3,850,068 |
) |
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|
2,057,276 |
|
|
|
(3,416,586 |
) |
|
|
(5,209,378 |
) |
|
Capital expenditures
|
|
|
(403,442 |
) |
|
|
54,391 |
|
|
|
(949 |
) |
|
|
(350,000 |
) |
|
Land entitlement costs
|
|
|
(1,238,507 |
) |
|
|
380,435 |
|
|
|
(467,897 |
) |
|
|
(1,325,969 |
) |
|
Closing credit for infrastructure costs
|
|
|
- |
|
|
|
- |
|
|
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(4,020,222 |
) |
|
|
(4,020,222 |
) |
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Corporate expenditures
|
|
|
(6,890,106 |
) |
|
|
2,433,240 |
|
|
|
(4,982,084 |
) |
|
|
(9,438,950 |
) |
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Selling costs on real estate assets
|
|
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(3,023,280 |
) |
|
|
184,049 |
|
|
|
(216,120 |
) |
|
|
(3,055,351 |
) |
|
Retention bonus payments to officers and employees*
|
|
|
(1,972,186 |
) |
|
|
- |
|
|
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(262,638 |
) |
|
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(2,234,824 |
) |
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Liability for estimated liquidation and operating costs net of estimated receipts
|
|
$ |
(11,089,746 |
) |
|
$ |
2,094,444 |
|
|
$ |
(8,339,316 |
) |
|
$ |
(17,334,618 |
) |
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January 1,
2024
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|
|
Expenditures/ (Receipts)
|
|
|
Remeasurement of Assets and Liabilities
|
|
|
December 31,
2024
|
|
|
Assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Estimated rents and reimbursements
|
|
$ |
6,410,201 |
|
|
$ |
(3,105,989 |
) |
|
$ |
2,512,767 |
|
|
$ |
5,816,979 |
|
|
Prepaid expenses and other assets
|
|
|
716,866 |
|
|
|
(205,519 |
) |
|
|
(40,483 |
) |
|
|
470,864 |
|
|
Liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Property operating costs
|
|
|
(3,852,991 |
) |
|
|
1,898,920 |
|
|
|
(1,895,997 |
) |
|
|
(3,850,068 |
) |
|
Capital expenditures
|
|
|
(300,000 |
) |
|
|
172,506 |
|
|
|
(275,948 |
) |
|
|
(403,442 |
) |
|
Land entitlement costs
|
|
|
(1,210,861 |
) |
|
|
422,328 |
|
|
|
(449,974 |
) |
|
|
(1,238,507 |
) |
|
Corporate expenditures
|
|
|
(7,540,106 |
) |
|
|
1,987,749 |
|
|
|
(1,337,749 |
) |
|
|
(6,890,106 |
) |
|
Selling costs on real estate assets
|
|
|
(3,226,800 |
) |
|
|
- |
|
|
|
203,520 |
|
|
|
(3,023,280 |
) |
|
Retention bonus payments to officers and employees
|
|
|
(2,104,949 |
) |
|
|
- |
|
|
|
132,763 |
|
|
|
(1,972,186 |
) |
|
Liability for estimated liquidation and operating costs net of estimated receipts
|
|
$ |
(11,108,640 |
) |
|
$ |
1,169,995 |
|
|
$ |
(1,151,101 |
) |
|
$ |
(11,089,746 |
) |
|