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Consolidated Statement of Changes in Equity - USD ($)
Total
Transition adjustment
Total Stockholders' Equity
Total Stockholders' Equity
Transition adjustment
Preferred Stock
Common Stock
Additional Paid-in Capital
Cumulative Distributions to Stockholders
Accumulated Earnings
Accumulated Earnings
Transition adjustment
Noncontrolling interests
Balance (in shares) at Dec. 31, 2021         2,400,000 24,947,883          
Balance at Dec. 31, 2021 $ 169,375,500   $ 169,276,000   $ 57,254,935 $ 249,434 $ 233,833,749 $ (143,449,310) $ 21,387,192   $ 99,500
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Issuance of common stock (in shares)           27,277,269          
Issuance of common stock 83,468,443   83,468,443     $ 272,773 83,195,670        
Cost of issuing common stock (2,404,070)   (2,404,070)       (2,404,070)        
Restricted stock compensation expense 4,638   4,638       4,638        
Net income 2,954,799   2,954,799           2,954,799    
Common stock dividends (3,133,509)   (3,133,509)         (3,133,509)      
Preferred stock dividends (1,184,958)   (1,184,958)         (1,184,958)      
Balance (in shares) at Mar. 31, 2022         2,400,000 52,225,152          
Balance at Mar. 31, 2022 249,080,843   248,981,343   $ 57,254,935 $ 522,207 314,629,987 (147,767,777) 24,341,991   99,500
Balance (in shares) at Dec. 31, 2021         2,400,000 24,947,883          
Balance at Dec. 31, 2021 169,375,500   169,276,000   $ 57,254,935 $ 249,434 233,833,749 (143,449,310) 21,387,192   99,500
Balance (in shares) at Dec. 31, 2022         2,400,000 52,231,152          
Balance at Dec. 31, 2022 $ 243,001,497 [1] $ (3,591,440) 242,901,997 $ (3,591,440) $ 57,254,935 $ 522,252 314,598,384 (160,724,426) 31,250,852 $ (3,591,440) 99,500
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2016-13                    
Cost of issuing common stock $ (14,040)   (14,040)       (14,040)        
Restricted stock compensation expense 3,358   3,358       3,358        
Net income 5,766,691   5,766,691           5,766,691    
Common stock dividends (3,133,869)   (3,133,869)         (3,133,869)      
Preferred stock dividends (1,184,958)   (1,184,958)         (1,184,958)      
Balance (in shares) at Mar. 31, 2023         2,400,000 52,231,152          
Balance at Mar. 31, 2023 $ 240,847,239 [1]   $ 240,747,739   $ 57,254,935 $ 522,252 $ 314,587,702 $ (165,043,253) $ 33,426,103   $ 99,500
[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs") as the Company was the primary beneficiary of these VIEs. As of March 31, 2023 and December 31, 2022, assets of consolidated VIEs totaled $1,002,563,861 and $1,005,507,371, respectively and the liabilities of consolidated VIEs totaled $832,342,571 and $831,575,144 respectively. See Note 4 for further discussion.