v3.26.1
Consolidated Statements of Changes in Equity - USD ($)
Preferred Stock [Member]
Series D Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balance at Dec. 31, 2023 $ 8,909 $ 122,651 $ 182,331,408 $ (131,508,785) $ 50,954,183 $ 10,367,887 $ 61,322,070
Balance, shares at Dec. 31, 2023 890,946 1,226,507          
Net (loss) income (25,628,529) (25,628,529) 2,524,665 (23,103,864)
Distributions in excess of contributions received (3,429,964) (3,429,964)
Restricted stock-based compensation 1,379,080 1,379,080 1,379,080
Vesting of Restricted Series A Common Stock, shares   65,884          
Dividends to Series D preferred stockholders (2,236,696) (2,236,696) (2,236,696)
Repurchase of Series D preferred stock, at cost $ (29) (40,881) (40,910) (40,910)
Repurchase of Series D preferred stock, at cost, shares (2,918)            
Repurchase of Series A Common Stock, at cost $ (1,905) (138,511) (140,416) (140,416)
Repurchase of Series A Common Stock, at cost, shares   (19,065)          
Issuance of preferred stock Series D preferred stock, net of issuance costs $ 1,091 1,194,764 1,195,855 1,195,855
Issuance of preferred stock Series D preferred stock, net of issuance costs, shares 109,054            
Issuance of Series A Common Stock $ 862 1,051,717 1,052,579 (1,052,579)
Issuance of Series A Common Stock, shares   8,623          
Vesting of Restricted Series A Common Stock $ 6,588 (6,588)
Issuance of stock-based compensation Common Stock $ 1,640 198,360 200,000 200,000
Issuance of stock-based compensation Common Stock, shares   16,409          
Return of stock-based compensation by CEO $ (1,493) (198,507) (200,000) (200,000)
Return of stock-based compensation by CEO, shares   (14,926)          
Balance at Dec. 31, 2024 $ 9,971 $ 128,343 185,770,842 (159,374,010) 26,535,146 8,410,009 34,945,155
Balance, shares at Dec. 31, 2024 997,082 1,283,432          
Net (loss) income 2,265,352 2,265,352 111,563 2,376,915
Distributions in excess of contributions received (216,659) (216,659)
Restricted stock-based compensation 229,502 229,502 229,502
Dividends to Series D preferred stockholders (579,575) (579,575) (579,575)
Repurchase of Series D preferred stock, at cost $ (129) (194,843) (194,972) (194,972)
Repurchase of Series D preferred stock, at cost, shares (12,844)            
Balance at Mar. 31, 2025 $ 9,842 $ 128,343 185,805,501 (157,688,233) 28,255,453 8,304,913 36,560,366
Balance, shares at Mar. 31, 2025 984,238 1,283,432          
Balance at Dec. 31, 2024 $ 9,971 $ 128,343 185,770,842 (159,374,010) 26,535,146 8,410,009 34,945,155
Balance, shares at Dec. 31, 2024 997,082 1,283,432          
Net (loss) income             (2,670,705)
Balance at Jun. 30, 2025 $ 9,748 $ 10,718 184,578,728 (163,538,854) 21,060,340 8,316,673 29,377,013
Balance, shares at Jun. 30, 2025 974,823 1,071,760          
Balance at Dec. 31, 2024 $ 9,971 $ 128,343 185,770,842 (159,374,010) 26,535,146 8,410,009 34,945,155
Balance, shares at Dec. 31, 2024 997,082 1,283,432          
Net (loss) income (8,275,685) (8,275,685) 685,586 (7,590,099)
Distributions in excess of contributions received (1,277,913) (1,277,913)
Restricted stock-based compensation 1,138,585 1,138,585 1,138,585
Vesting of Restricted Series A Common Stock, shares   84,137          
Dividends to Series D preferred stockholders (2,295,607) (2,295,607) (2,295,607)
Repurchase of Series D preferred stock, at cost $ (234) (344,269) (344,503) (344,503)
Repurchase of Series D preferred stock, at cost, shares (23,346)            
Repurchase of Series A Common Stock, at cost $ (161) (76,931) (77,092) (77,092)
Repurchase of Series A Common Stock, at cost, shares   (16,080)          
Repurchase of Series A Common Stock, Tender Offer $ (21,441) (1,486,558) (1,507,999) (1,507,999)
Repurchase of Series A Common Stock, Tender Offer, shares   (214,412)          
Par Value adjustment post 1 for 10 reverse split from $0.10 to $0.01 $ (96,206) 96,206
Par Value adjustment post 1 for 10 reverse split from $0.10 to $0.01, shares   505          
Issuance of Series A Common Stock $ 1,765 1,694,697 1,696,462 1,696,462
Issuance of Series A Common Stock, shares   176,577          
Vesting of Restricted Series A Common Stock $ 842 (30,184) (29,342) (29,342)
Balance at Dec. 31, 2025 $ 9,737 $ 13,142 186,762,388 (169,945,302) 16,839,965 7,817,682 24,657,647
Balance, shares at Dec. 31, 2025 973,736 1,314,159          
Balance at Mar. 31, 2025 $ 9,842 $ 128,343 185,805,501 (157,688,233) 28,255,453 8,304,913 36,560,366
Balance, shares at Mar. 31, 2025 984,238 1,283,432          
Net (loss) income (5,276,525) (5,276,525) 228,905 (5,047,620)
Distributions in excess of contributions received (217,145) (217,145)
Restricted stock-based compensation 314,874 314,874 314,874
Vesting of Restricted Series A Common Stock $ 63 (63)
Vesting of Restricted Series A Common Stock, shares   6,326          
Dividends to Series D preferred stockholders (574,096) (574,096) (574,096)
Repurchase of Series D preferred stock, at cost $ (94) (132,721) (132,815) (132,815)
Repurchase of Series D preferred stock, at cost, shares (9,415)            
Repurchase of Series A Common Stock, at cost $ (41) (18,511) (18,552) (18,552)
Repurchase of Series A Common Stock, at cost, shares   (4,091)          
Repurchase of Series A Common Stock, Tender Offer $ (21,441) (1,486,558) (1,507,999) (1,507,999)
Repurchase of Series A Common Stock, Tender Offer, shares   (214,412)          
Par Value adjustment post 1 for 10 reverse split from $0.10 to $0.01 $ (96,206) 96,206
Par Value adjustment post 1 for 10 reverse split from $0.10 to $0.01, shares   505          
Balance at Jun. 30, 2025 $ 9,748 $ 10,718 184,578,728 (163,538,854) 21,060,340 8,316,673 29,377,013
Balance, shares at Jun. 30, 2025 974,823 1,071,760          
Balance at Dec. 31, 2025 $ 9,737 $ 13,142 186,762,388 (169,945,302) 16,839,965 7,817,682 24,657,647
Balance, shares at Dec. 31, 2025 973,736 1,314,159          
Net (loss) income 440,909 440,909 117,885 558,794
Distributions in excess of contributions received (253,852) (253,852)
Restricted stock-based compensation 191,634 191,634 191,634
Balance at Mar. 31, 2026 $ 9,737 $ 13,142 186,954,022 (169,504,393) 17,472,508 7,681,715 25,154,223
Balance, shares at Mar. 31, 2026 973,736 1,314,159          
Balance at Dec. 31, 2025 $ 9,737 $ 13,142 186,762,388 (169,945,302) 16,839,965 7,817,682 24,657,647
Balance, shares at Dec. 31, 2025 973,736 1,314,159          
Net (loss) income             (3,292,562)
Balance at Jun. 30, 2026 $ 9,737 $ 13,169 187,145,891 (173,315,519) 13,853,278 7,570,650 21,423,928
Balance, shares at Jun. 30, 2026 973,736 1,316,939          
Balance at Mar. 31, 2026 $ 9,737 $ 13,142 186,954,022 (169,504,393) 17,472,508 7,681,715 25,154,223
Balance, shares at Mar. 31, 2026 973,736 1,314,159          
Net (loss) income (3,811,126) (3,811,126) (40,230) (3,851,356)
Distributions in excess of contributions received (70,835) (70,835)
Restricted stock-based compensation 191,896 191,896 191,896
Vesting of Restricted Series A Common Stock $ 27 (27)
Vesting of Restricted Series A Common Stock, shares   2,780          
Balance at Jun. 30, 2026 $ 9,737 $ 13,169 $ 187,145,891 $ (173,315,519) $ 13,853,278 $ 7,570,650 $ 21,423,928
Balance, shares at Jun. 30, 2026 973,736 1,316,939