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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, 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) 33,959,848         32,536,521 1,423,327
Issuance of common stock 798,686   $ 3,951 794,735      
Issuance of common stock, shares     395,086        
Conversion of units in Operating partnership to shares of commonstock     $ 3,085 (2,605,108)     2,602,023
Conversion of units in Operating Partnership to shares of common stock, shares     308,532        
Amortization of ESOP Award 126,958     (355,306) 482,264    
Amortization of restricted stock awards 72,780     72,780      
Extinguishment of preferred stock 59,521 $ (863) $ 8,069 52,315      
Extinguishment of preferred stock, shares   (86,300) 806,849        
Balances, ending at Dec. 31, 2022 51,520,723 $ 39,733 $ 189,515 175,611,370 (2,601,134) (120,985,183) (733,578)
Balances, shares, ending at Dec. 31, 2022   3,973,310 18,951,525        
Net income (loss) 3,809,711         3,941,421 (131,710)
Issuance of common stock 225,386   $ 2,843 222,543      
Issuance of common stock, shares     284,278        
Conversion of units in Operating partnership to shares of commonstock     $ 4,610 461,846     (466,456)
Conversion of units in Operating Partnership to shares of common stock, shares     461,002        
Amortization of ESOP Award 171,897     (664,730) 836,627    
Amortization of restricted stock awards 148,193     148,193      
Common stockholders' dividends and distributions declared (7,977,251)         (7,977,251)  
Balances, ending at Dec. 31, 2023 47,898,659 $ 39,733 $ 196,968 175,779,222 (1,764,507) (125,021,013) (1,331,744)
Balances, shares, ending at Dec. 31, 2023   3,973,310 19,696,805        
Net income (loss) 1,179,854         1,302,369 (122,515)
Issuance of common stock 204,924   $ 1,524 203,400      
Issuance of common stock, shares     152,360        
Amortization of ESOP Award 125,495     (776,905) 902,400    
Amortization of restricted stock awards 167,081     167,081      
Common stockholders' dividends and distributions declared (7,977,247)         (7,977,247)  
Balances, ending at Dec. 31, 2024 $ 41,598,766 $ 39,733 $ 198,492 $ 175,372,798 $ (862,107) $ (131,695,891) $ (1,454,259)
Balances, shares, ending at Dec. 31, 2024   3,973,310 19,849,165