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Consolidated Statements of Changes in Equity - USD ($)
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Unearned ESOP Shares [Member]
Distributions in Excess of Retained Earnings [Member]
Noncontrolling Interest [Member]
Balances, beginning at Dec. 31, 2020 $ 44,201,305 $ 43,646 $ 150,238 $ 180,292,440 $ (3,636,026) $ (127,300,230) $ (5,348,763)
Balances, shares, beginning at Dec. 31, 2020   4,364,610 15,023,850        
Net income (loss) (7,575,624)         (6,876,085) (699,539)
Issuance of common stock 400,666   $ 1,363 399,303      
Issuance of common stock, shares     136,281        
Issuance of restricted common stock awards 44,100   $ 150 43,950      
Issuance of restricted common stock awards, shares     15,000        
Conversion of units in Operating Partnership to shares of common stock     $ 1 (566)     565
Conversion of units in Operating Partnership to shares of common stock, shares     100        
Amortization of ESOP shares 22,086     (33,853) 55,939    
Amortization of restricted stock awards 18,195     18,195      
Balances, ending at Mar. 31, 2021 37,110,728 $ 43,646 $ 151,752 180,719,469 (3,580,087) (134,176,315) (6,047,737)
Balances, shares, ending at Mar. 31, 2021   4,364,610 15,175,231        
Balances, beginning at Dec. 31, 2020 44,201,305 $ 43,646 $ 150,238 180,292,440 (3,636,026) (127,300,230) (5,348,763)
Balances, shares, beginning at Dec. 31, 2020   4,364,610 15,023,850        
Net income (loss) (9,129,594)            
Balances, ending at Jun. 30, 2021 35,706,924 $ 41,446 $ 167,179 180,597,242 (3,524,148) (135,347,420) (6,227,375)
Balances, shares, ending at Jun. 30, 2021   4,144,610 16,717,958        
Balances, beginning at Mar. 31, 2021 37,110,728 $ 43,646 $ 151,752 180,719,469 (3,580,087) (134,176,315) (6,047,737)
Balances, shares, beginning at Mar. 31, 2021   4,364,610 15,175,231        
Net income (loss) (1,553,970)         (1,374,332) (179,638)
Amortization of ESOP shares 22,087     (33,852) 55,939    
Amortization of restricted stock awards 18,195     18,195      
Extinguishment of preferred stock 109,884 $ (2,200) $ 15,427 (106,570)   203,227  
Extinguishment of preferred stock, shares   220,000 1,542,727        
Balances, ending at Jun. 30, 2021 35,706,924 $ 41,446 $ 167,179 180,597,242 (3,524,148) (135,347,420) (6,227,375)
Balances, shares, ending at Jun. 30, 2021   4,144,610 16,717,958        
Balances, beginning at Dec. 31, 2021 16,502,930 $ 40,596 $ 174,410 177,651,954 (3,083,398) (153,521,704) (4,758,928)
Balances, shares, beginning at Dec. 31, 2021   4,059,610 17,441,058        
Net income (loss) (810,944)         (649,323) (161,621)
Issuance of common stock 357,512   $ 1,752 355,760      
Issuance of common stock, shares     175,268        
Issuance of restricted common stock awards 30,300            
Issuance of restricted common stock awards, shares     15,000        
Conversion of units in Operating Partnership to shares of common stock     $ 151 30,149      
Amortization of ESOP shares 14,156     (36,391) 50,547    
Amortization of restricted stock awards 18,195     18,195      
Extinguishment of preferred stock 11,175 $ (225) $ 2,178 9,222      
Extinguishment of preferred stock, shares   22,500 217,775        
Balances, ending at Mar. 31, 2022 16,123,324 $ 40,371 $ 178,491 178,028,889 (3,032,851) (154,171,027) (4,920,549)
Balances, shares, ending at Mar. 31, 2022   4,037,110 17,849,101        
Balances, beginning at Dec. 31, 2021 16,502,930 $ 40,596 $ 174,410 177,651,954 (3,083,398) (153,521,704) (4,758,928)
Balances, shares, beginning at Dec. 31, 2021   4,059,610 17,441,058        
Net income (loss) 26,794,415            
Balances, ending at Jun. 30, 2022 44,072,434 $ 40,095 $ 182,067 178,066,395 (2,982,307) (127,843,207) (3,390,609)
Balances, shares, ending at Jun. 30, 2022   4,009,510 18,206,673        
Balances, beginning at Mar. 31, 2022 16,123,324 $ 40,371 $ 178,491 178,028,889 (3,032,851) (154,171,027) (4,920,549)
Balances, shares, beginning at Mar. 31, 2022   4,037,110 17,849,101        
Net income (loss) 27,605,359         26,075,419 1,529,940
Issuance of common stock 64,376   $ 374 64,002      
Issuance of common stock, shares     37,428        
Conversion of units in Operating Partnership to shares of common stock     $ 500 (500)      
Conversion of units in Operating Partnership to shares of common stock, shares     50,000        
Amortization of ESOP shares 19,954     (30,590) 50,544    
Amortization of restricted stock awards 18,195     18,195      
Extinguishment of preferred stock 241,226 $ (276) $ 2,702 (13,601)   252,401  
Extinguishment of preferred stock, shares   27,600 270,144        
Balances, ending at Jun. 30, 2022 $ 44,072,434 $ 40,095 $ 182,067 $ 178,066,395 $ (2,982,307) $ (127,843,207) $ (3,390,609)
Balances, shares, ending at Jun. 30, 2022   4,009,510 18,206,673