v3.26.1
MORTGAGE NOTES PAYABLE - Mortgages Payable (Details) - USD ($)
6 Months Ended
Jul. 10, 2025
Jun. 18, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Dec. 30, 2025
May 30, 2025
MORTGAGE NOTES PAYABLE              
Effective interest rate (as a percent)     4.40%        
Financing fees, net     $ 105,000   $ 142,000    
Payment of debt     1,630,247 $ 20,482,614      
Proceeds of mortgage notes payable       $ (56,746,890)      
Annual maturities of mortgage debt              
2026-current maturities     6,605,000        
2027     40,652,000        
2028     58,337,000        
2029     21,582,000        
2030     862,000        
Thereafter     401,363,000        
Total     529,401,000        
Less: unamortized deferred financing costs     3,156,000        
Outstanding amount of mortgage     526,244,604   527,596,823    
Mortgages payable              
MORTGAGE NOTES PAYABLE              
Amount of monthly installments including principal     $ 2,148,000        
Weighted average interest rate (as a percent)     4.20%        
Effective interest rate (as a percent)     4.30%        
Financing fees, net     $ 3,156,000   3,434,000    
Accumulated amortization on financing and leasing fees     $ 2,366,000   $ 2,088,000    
Mortgages payable | Minimum              
MORTGAGE NOTES PAYABLE              
Interest rate (as a percent)     2.97%        
Mortgages payable | Maximum              
MORTGAGE NOTES PAYABLE              
Interest rate (as a percent)     5.99%        
Earnout tranche              
MORTGAGE NOTES PAYABLE              
Loan amount $ 682,520            
Interest rate (as a percent) 5.97%            
Term of debt 30 years            
Master Credit Facility, Advance One              
MORTGAGE NOTES PAYABLE              
Loan amount             $ 18,664,000
Interest rate (as a percent)             5.84%
Master Credit Facility, Advance Two              
MORTGAGE NOTES PAYABLE              
Loan amount             $ 40,000,000
Interest rate (as a percent)             5.99%
Interim Loan Agreement              
MORTGAGE NOTES PAYABLE              
Loan amount   $ 67,500,000       $ 67,656,000  
Interest rate (as a percent)           5.19%  
Variable interest rate spread   1.50%          
Investment, Variable Interest Rate, Type [Extensible Enumeration]   us-gaap:SecuredOvernightFinancingRateSofrMember