v3.26.1
Rental Operations
6 Months Ended
Jun. 30, 2026
Rental Operations  
Rental Operations

Note 6 – Rental Operations

 

Rental income from operating leases, is recognized on a straight-line basis over the lease term once we have determined that the collectability of substantially all of the lease payments is probable. Accounts receivable, included $59,243 of rent receivables at June 30, 2026.

 

The following operating lease maturity analysis presents the future contractual lease payments to be received by the Company as of June 30, 2026:

Schedule of future rents receivable    
Year  Amount 
Year ending December 31, 2026  $1,464,523 
Year ending December 31, 2027   2,563,708 
Year ending December 31, 2028   1,815,188 
Year ending December 31, 2029   755,354 
Year ending December 31, 2030   727,916 
Thereafter   2,103,166 
Total  $9,429,855