v3.26.1
INTANGIBLES (Tables)
6 Months Ended
Jun. 30, 2026
INTANGIBLES  
Schedule of intangible assets and liabilities

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Intangible assets

Contract rights and tenant relationships

 

$

6,167,497

$

6,167,497

Above market leases

 

 

806,494

 

806,494

Total intangible assets

 

6,973,991

 

6,973,991

Less accumulated amortization

 

(1,933,834)

(1,641,156)

Total intangible assets, net

$

5,040,157

$

5,332,835

Intangible lease liabilities

Below-market leases

$

1,321,686

$

1,321,686

Less accumulated amortization

(818,186)

(692,312)

Total intangible lease liabilities, net

$

503,500

$

629,374

Schedule of weighted average remaining useful lives of the intangible assets

Weighted-Average Remaining Life (Years)

  ​ ​ ​

Contract rights and tenant relationships

 

9

Above market leases

 

10

Below market leases

 

2

Schedule of future annual amortization for intangible assets

Years ending December 31:

  ​ ​ ​

Intangible Assets

  ​ ​ ​

Intangible Liabilities

Remainder of 2026

292,679

125,875

2027

 

585,358

251,750

2028

 

585,358

125,875

2029

 

585,358

2030

 

585,358

Thereafter

 

2,406,046

Total

$

5,040,157

$

503,500