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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenues    
Rental income $ 12,024,552 $ 11,719,165
Total revenues 12,530,280 12,190,715
Expenses    
Property operations 4,739,995 4,549,038
General and administrative 3,258,773 2,876,300
Depreciation and amortization 1,634,147 1,634,044
Business development 3,037 20,080
Total expenses 9,635,952 9,079,462
Operating income 2,894,328 3,111,253
Other income (expense)    
Dividend and interest income 276,201 265,046
Unrealized (loss) gain on marketable equity securities (166,042) 408,876
Interest expense (880,744) (846,406)
Total other expense, net (770,585) (172,484)
Net income and comprehensive income $ 2,123,743 $ 2,938,769
Earnings per share    
Basic $ 0.19 $ 0.26
Diluted $ 0.19 $ 0.26
Weighted average shares outstanding    
Basic 11,094,915 11,045,699
Diluted 11,143,831 11,087,217
Other property related income    
Revenues    
Revenues $ 435,167 $ 392,577
Management fees and other income    
Revenues    
Revenues $ 70,561 $ 78,973