XML 95 R85.htm IDEA: XBRL DOCUMENT v3.23.1
Real Estate Assets - Additional Information (Details) - USD ($)
1 Months Ended
Jan. 31, 2023
Dec. 31, 2022
Mar. 31, 2023
Real Estate [Line Items]      
Property loans, net   $ 175,109,711 [1] $ 164,736,455
Deferred gain on sale of property   $ 6,596,622 $ 6,596,622
The 50/50 MF Property [Member]      
Real Estate [Line Items]      
Ownership interest sold   100.00%  
Property loans, net   $ 4,800,000  
Deferred gain on sale of property   6,600,000  
Costs related to sale which reduced Partnership's gain on sale   $ 404,000  
Land Held for Development [Member] | Omaha, NE [Member]      
Real Estate [Line Items]      
Proceed sale of real assets $ 442,000    
[1] The property loans are held in trust in connection with TOB trust financings (Note 16). The property loans and associated GILs are on parity and share a first mortgage lien position on all real and personal property associated with the underlying property. Affiliates of the borrowers have guaranteed limited-to-full payment of principal and accrued interest on the property loans. The borrowers may elect to extend the maturity dates for periods ranging between six and twelve months upon meeting certain conditions, which may include payment of a non-refundable extension fee. The variable index interest rate components are typically subject to floors that range from 0% to 0.50%