v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Property and equipment, net $ 91,679,321 $ 92,460,809
Cash 5,776,201 7,212,093
Restricted cash 3,946,909 3,650,865
Accounts receivable, net 170,718 196,765
Prepaid expenses and other assets, net 681,435 980,454
Total Assets 102,254,584 104,500,986
Liabilities    
Mortgage notes payable, net 66,681,888 66,689,086
Accounts payable, accrued expenses and other, net 3,413,260 2,815,211
Due to related parties $ 2,177,118 $ 2,241,818
Other Liability, Related Party [Extensible Enumeration] Related Party, Affiliated Entity [Member] Related Party, Affiliated Entity [Member]
Total Liabilities $ 72,272,266 $ 71,746,115
Commitments and Contingencies
Noncontrolling interest of the Operating Partnership 1,372,485 1,413,060
Stockholders' Equity    
Additional paid-in capital 47,359,874 47,364,893
Cumulative income 3,384,183 5,244,084
Cumulative distributions (25,980,115) (25,023,315)
Total Stockholders' Equity 24,823,898 27,645,606
Noncontrolling interest 3,785,935 3,696,205
Total Equity 28,609,833 31,341,811
Total Liabilities and Stockholders' Equity 102,254,584 104,500,986
Class K Common Stock    
Stockholders' Equity    
Common stock, value 38,463 38,527
Class K-I Common Stock    
Stockholders' Equity    
Common stock, value 14,429 14,353
Class A Common Stock    
Stockholders' Equity    
Common stock, value 5,814 5,814
Class B Common Stock    
Stockholders' Equity    
Common stock, value $ 1,250 $ 1,250