XML 19 R5.htm IDEA: XBRL DOCUMENT v3.22.1
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 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, 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 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   $ 151 30,149      
Issuance of restricted common stock awards, shares     15,000        
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