v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (loss) income $ (2,854,415) $ 573,958
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization expense 360,903 357,946
Amortization of debt discount 25,671 22,066
Stock option expense 88,385 54,883
Loss on forfeited escrow deposit 300,540 22,875
Bad debt expense 76,685 20,000
Lease costs 550 (599)
Loss (income) from interest rate swap 121,909 (167,460)
Equity method loss from unconsolidated joint ventures 3,352
Impairment loss from equity securities 50,000
Impairment loss from buildings 3,118,716
Change in operating assets and liabilities:    
Accounts receivable (159,449) (253,538)
Deferred rent receivable (336,909) (376,032)
Lease incentive receivable 27,523 27,523
Prepaid expenses and other assets (18,028) (4,625)
Accounts payable 13,016 278
Accrued expenses 1,902 256,951
Contract liabilities (16,669) (27,225)
Security deposits payable (22,206) 71,217
NET CASH PROVIDED BY OPERATING ACTIVITIES 781,476 578,218
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of rental properties and improvements (1,000,000) (3,336,763)
Purchases of property and equipment (6,480)
Increase in capitalized project costs (202,680) (168,984)
Cash received from investment in unconsolidated joint ventures 1,571
Investment in cost-method investees (84,110)
Increase in escrow deposits (154,394) (15,702)
NET CASH USED IN INVESTING ACTIVITIES (1,439,613) (3,527,929)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Purchase of treasury shares (26,858) (8,010)
Net proceeds from notes payable 600,000 983,940
Repayment of notes payable (97,218) (106,034)
NET CASH PROVIDED BY FINANCING ACTIVITIES 475,924 869,896
NET DECREASE IN CASH (182,213) (2,079,815)
CASH, beginning of year 1,019,980 3,099,795
CASH, end of year 837,767 1,019,980
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest paid 768,826 705,990
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Reclassification of capitalized project costs to prepaid expenses and other assets 142,312
Increase in operating lease right of use asset and lease liability $ 81,974