v3.26.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
REVENUES:    
Total revenues $ 4,140,458 $ 3,793,289
OPERATING EXPENSES:    
Compensation and benefits 1,398,498 1,287,744
Professional fees 252,636 351,426
Brokerage fees 131,236 158,871
General and administrative expenses 308,149 331,495
Depreciation and amortization 360,903 357,946
Real estate taxes 155,322 148,762
Property portfolio business development costs 300,540 53,875
Impairment loss from buildings 3,118,716
Total operating expenses, net 6,026,000 2,690,119
(LOSS) INCOME FROM OPERATIONS (1,885,542) 1,103,170
OTHER (EXPENSES) INCOME:    
Interest expenses (797,112) (696,672)
Other income 3,500
Impairment of equity securities (50,000)
(Loss) income from derivative - interest rate swap (121,909) 167,460
Total other expenses, net (965,521) (529,212)
(LOSS) INCOME BEFORE EQUITY METHOD LOSSES (2,851,063) 573,958
EQUITY METHOD LOSS:    
Equity method loss from unconsolidated joint ventures (3,352)
Total equity method loss (3,352)
NET (LOSS) INCOME $ (2,854,415) $ 573,958
NET (LOSS) INCOME PER COMMON SHARE:    
Basic (in Dollars per share) $ (0.24) $ 0.05
Diluted (in Dollars per share) $ (0.24) $ 0.06
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Basic (in Shares) 12,053,715 12,098,429
Diluted (in Shares) 12,053,715 12,498,429
Property investment portfolio revenues    
REVENUES:    
Total revenues $ 3,080,654 $ 2,884,286
Real estate services revenues    
REVENUES:    
Total revenues $ 1,059,804 $ 909,003