v3.26.1
INTANGIBLES (Tables)
12 Months Ended
Dec. 31, 2025
INTANGIBLES  
Schedule of intangible assets and liabilities

  ​ ​ ​

December 31, 2025

  ​ ​ ​

December 31, 2024

Intangible assets

Contract rights and tenant relationships

$

6,167,497

$

6,167,498

Above-market leases

 

806,494

 

806,494

Total intangible assets

 

6,973,991

 

6,973,992

Less accumulated amortization

 

(1,641,156)

 

(1,055,798)

Total intangible assets - net

$

5,332,835

$

5,918,194

Intangible liabilities

Below-market leases

$

1,321,686

$

1,321,686

Less accumulated amortization

(692,312)

(440,562)

Total intangible liabilities - net

$

629,374

$

881,124

Schedule of weighted average remaining useful lives of the intangible assets and liabilities

Weighted-Average Remaining Life (Years)

  ​ ​ ​

Contract rights and tenant relationships

 

9

Above market leases

 

10

Below market leases

 

3

Schedule of future annual amortization for intangible assets

Years ending December 31:

  ​ ​ ​

Intangible Assets

  ​ ​ ​

Intangible Liabilities

2026

 

$

585,359

$

251,750

2027

 

585,359

251,750

2028

 

585,359

125,874

2029

 

585,359

2030

 

585,359

Thereafter

 

2,406,040

Total

$

5,332,835

$

629,374