v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Investment properties, net $ 12,183,994 $ 41,187,188
Cash and cash equivalents 6,382,359 2,631,964
Restricted cash 1,045,414 1,502,106
Investment in marketable securities 20,720,749  
Rent and other receivables, net of allowance of $0 as of June 30, 2026 and December 31, 2025 111,645 387,782
Assets held for sale 11,886,710 28,299,993
Equity investment 1,312,047  
Unbilled rent 539,173 1,272,531
Intangible lease assets, net 194,050 1,259,021
Other intangible assets 402,964 293,902
Deferred tax assets, net 2,304,144  
Other assets 733,607 905,124
Total Assets 57,816,856 77,739,611
LIABILITIES    
Accounts payable and accrued liabilities 789,824 1,011,528
Liabilities associated with assets held for sale 10,372,233 19,002,311
Intangible lease liabilities, net 333,785 784,987
Mortgages payable, net 9,041,598 32,828,863
Total Liabilities 20,537,440 53,627,689
EQUITY    
Common stock, $0.01 par value, 750,000,000 shares authorized, 1,628,500 and 1,110,000 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 16,285 11,100
Additional paid-in capital 58,182,979 51,957,534
Offering costs (3,782,521) (3,777,793)
Accumulated deficit (30,384,954) (38,761,731)
Total Stockholders' Equity 24,031,789 9,429,110
Noncontrolling interests - Operating Partnership 13,244,685 14,304,707
Total Equity 37,279,416 24,111,922
Total Liabilities and Equity 57,816,856 77,739,611
Parkway Property    
EQUITY    
Noncontrolling interests $ 2,942 $ 378,105