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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
REVENUES:    
Total revenues $ 3,793,289 $ 2,886,991
OPERATING EXPENSES:    
Compensation and benefits 1,287,744 1,326,485
Professional fees 351,426 388,807
Brokerage fees 158,871 64,680
General and administrative expenses 331,495 367,175
Depreciation and amortization 357,946 380,761
Real estate taxes 148,762 163,896
Property portfolio business development costs 53,875 26,000
Total operating expenses, net 2,690,119 2,717,804
INCOME FROM OPERATIONS 1,103,170 169,187
OTHER INCOME (EXPENSES):    
Interest expenses (696,672) (624,693)
Income (loss) from derivative - interest rate swap 167,460 (32,642)
Total other income (expenses), net (529,212) (657,335)
INCOME (LOSS) BEFORE EQUITY METHOD LOSSES 573,958 (488,148)
EQUITY METHOD LOSS:    
Impairment of investment in unconsolidated joint ventures (45,000)
Equity method loss from unconsolidated joint ventures (7,110)
Total equity method loss (52,110)
NET INCOME (LOSS) $ 573,958 $ (540,258)
NET INCOME (LOSS) PER COMMON SHARE:    
Basic (in Dollars per share) $ 0.05 $ (0.04)
Diluted (in Dollars per share) $ 0.06 $ (0.04)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Basic (in Shares) 12,098,429 12,179,356
Diluted (in Shares) 12,498,429 12,179,356
Property investment portfolio revenues    
REVENUES:    
Total revenues $ 2,884,286 $ 2,481,892
Real estate services revenues    
REVENUES:    
Total revenues $ 909,003 $ 405,099