v3.26.3
Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Jun. 30, 2025
Real estate assets    
Land $ 42,566,256 $ 42,566,256
Building, fixtures and improvements 189,054,883 182,879,586
Intangible lease assets 10,931,578 11,686,822
Less: accumulated depreciation and amortization (29,864,947) (24,358,852)
Total real estate assets, net 212,687,770 212,773,812
Cash and cash equivalents 3,517,313 3,627,360
Restricted cash 202,886 328,239
Investments, at fair value 2,550,146 1,749,528
Equity method investments, at fair value 2,347,147 2,125,451
Investments income, rents and other receivables 2,871,934 2,227,630
Prepaid expenses and other assets 856,097 1,184,801
Assets held for sale, net 10,256,507 11,975,357
Total assets 235,289,800 235,992,178
Liabilities    
Mortgage notes payable, net 131,867,757 120,417,074
Line of credit, net 10,000,000 9,449,389
Notes payable, net 3,863,717 2,567,118
Deferred rent and other liabilities 1,490,021 1,513,283
Finance lease liabilities 1,672,528 1,898,005
Dividend payable 734,333 715,498
Accounts payable and accrued liabilities 3,363,535 4,514,142
Below-market lease liabilities, net 221,007 530,474
Due to related entities 2,197,623 167,764
Capital pending acceptance   13,411
Liabilities held for sale 652,274 664,577
Total liabilities 156,062,795 142,450,735
Equity    
Common stock, $0.0001 par value, 80,000,000 shares authorized; 2,512,270.00 and 1,578,192.98 shares issued and outstanding as of June 30, 2026 and June 30, 2025, respectively. 251 158
Additional paid-in capital 148,073,839 145,050,643
Accumulated deficit (104,298,175) (85,192,267)
Total stockholders’ equity 43,776,005 59,858,623
Non-controlling interests 35,451,000 33,682,820
Total equity 79,227,005 93,541,443
Total liabilities and equity 235,289,800 235,992,178
Series A Preferred Stock [Member]    
Equity    
Preferred stock 73 77
Series B Preferred Stock [Member]    
Equity    
Preferred stock 12 12
Series C Preferred Stock [Member]    
Equity    
Preferred stock $ 5 $ 0