​

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

  ​ ​ ​

Useful Life

Land, improvements and parking lots

​

$

147,274,598

​

$

143,883,155

​

15

-

40

years

​

Buildings and improvements

​

408,307,287

​

386,494,391

​

15

-

40

years

​

Construction in Progress

​

​

4,423,045

​

​

37,705,285

​

​

N/A

​

​

​

Kitchen cabinets

​

25,164,734

​

22,554,829

​

5

-

10

years

​

Carpets

​

22,646,500

​

19,665,364

​

5

-

10

years

​

Air conditioning

​

500,000

​

500,000

​

5

-

10

years

​

Laundry equipment

​

144,608

​

129,450

​

5

-

7

years

​

Elevators

​

1,885,265

​

1,885,265

​

20

-

40

years

​

Swimming pools

​

1,090,604

​

1,090,604

​

10

-

30

years

​

Equipment

​

27,626,582

​

23,450,788

​

5

-

30

years

​

Motor vehicles

​

217,080

​

203,009

​

​

​

5

years

​

Fences

​

158,029

​

147,000

​

5

-

15

years

​

Furniture and fixtures

​

20,899,877

​

18,293,250

​

5

-

7

years

​

Total fixed assets

​

660,338,209

​

656,002,390

​

​

​

​

​

​

Less: Accumulated depreciation

​

(208,192,194)

​

(194,614,338)

​

​

​

​

​

​

​

​

$

452,146,015

​

$

461,388,052

​

​

​

​

​

​