v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Investment properties, net $ 25,448,825 $ 41,187,188
Cash and cash equivalents 8,604,528 2,631,964
Restricted cash 830,737 1,502,106
Investment in marketable securities 12,416,668  
Rent and other receivables, net of allowance of $0 as of March 31, 2026 and December 31, 2025 323,688 387,782
Assets held for sale 15,375,555 28,299,993
Unbilled rent 619,952 1,272,531
Intangible lease assets, net 1,174,129 1,259,021
Other intangible assets 423,352 293,902
Deferred tax assets, net 2,550,596  
Other assets 1,155,757 905,124
Total Assets 68,923,787 77,739,611
LIABILITIES    
Accounts payable and accrued liabilities 1,124,848 1,011,528
Liabilities associated with assets held for sale 7,961,567 19,002,311
Intangible lease liabilities, net 754,472 784,987
Mortgages payable, net 19,196,937 32,828,863
Total Liabilities 29,037,824 53,627,689
EQUITY    
Common stock, $0.01 par value, 750,000,000 shares authorized, 1,428,500 and 1,110,000 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 14,285 11,100
Additional paid-in capital 55,940,486 51,957,534
Offering costs (3,782,521) (3,777,793)
Accumulated deficit (29,869,847) (38,761,731)
Total Stockholders' Equity 22,302,403 9,429,110
Noncontrolling interests - Operating Partnership 15,438,508 14,304,707
Total Equity 39,885,963 24,111,922
Total Liabilities and Equity 68,923,787 77,739,611
Parkway Property    
EQUITY    
Noncontrolling interests 8,490 $ 378,105
DST Entities    
EQUITY    
Noncontrolling interests $ 2,136,562