Consolidated Statement of Cash Flows - USD ($)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Net income (loss)	$ (3,691,927)	$ 4,279,592
Adjustments to reconcile net income (loss) to net cash from operating activities:
Net unrealized (gain) loss on equity securities at fair value	2,079,093	(1,435,073)
Net income from equity method investments at fair value	(1,216,922)	(7,436,483)
Net realized gain on investments	(656,984)	(7,349,159)
Net loss on disposal of fixed assets	0	247,303
Net loss on disposal of real estate	352,540	0
Impairment loss on assets held for sale	8,121,090	9,126,461
Gain on extinguishment of debt	(14,840,728)	0
Straight - line rent	(63,543)	(19,166)
Depreciation and amortization	5,273,793	4,544,343
Amortization of deferred financing costs and debt mark-to-market	948,554	23,146
Accretion of above (below) market lease, net	(474,185)	(164,695)
Changes in assets and liabilities:
Investments income, rent and other receivables	1,416,972	15,038
Prepaid expenses and other assets	(622,948)	250,345
Due from related entities	401	0
Deferred rent and other liabilities	(796,083)	115,744
Accounts payable and accrued liabilities	(1,945,377)	2,354,321
Due to related entities	(504,520)	70,359
Net cash from operating activities	(6,620,774)	4,622,076
Cash flows from investing activities:
Proceeds from sale of and sales distribution from investments	15,236,124	33,694,869
Investment acquisition advance	(100,000)	0
Net proceeds from sale of real estate	8,695,764	0
Investments in real estate assets	(18,700,523)	(63,241,731)
Purchase of investments	(1,621,948)	(24,867,765)
Return of capital distributions	12,957,338	22,250,314
Payment on contingent liability	(1,154,125)	0
Net cash from investing activities	15,312,630	(32,164,313)
Cash flows from financing activities:
Proceeds from mortgage notes payable	3,221,375	34,454,689
Payments on mortgage notes payable	(8,855,266)	(3,963,948)
Proceeds from notes payable	10,111	0
Payments on notes payable	(17,005)	0
Payment of deferred financing cost	0	(836,802)
Dividend to stockholders	(4,468,846)	(2,824,426)
Proceeds from issuance of preferred stock	13,408,089	2,943,778
Payment of finance lease liabilities	(30,276)	0
Payment of selling commissions and fees	(1,206,115)	(705,770)
Contributions by non-controlling interests holders	1,333	1,071,584
Distributions to non-controlling interests holders	(449,092)	(12,183)
Redemption of common stock, net of redemptions payable	(1,585,060)	(1,425,073)
Redemption of preferred stock	(31,850)	0
Capital pending acceptance	453,600	85,000
Net cash from financing activities	450,998	28,786,849
Net increase in cash, cash equivalents and restricted cash	9,142,854	1,244,612
Cash, cash equivalents and restricted cash at beginning of the year	8,998,165	7,753,553
Cash, cash equivalents and restricted cash at end of the year	18,141,019	8,998,165
Cash and cash equivalents at end of the year	17,242,781	7,400,163
Restricted cash at end of the year	898,238	1,092,816
Cash and restricted cash at end of the year classified as assets held for sale	0	505,186
Supplemental disclosure of non-cash investing, financing activities and other cash flow information
Issuance of the Operating Partnership Class A units for the purchase of real estate assets (Note 5)	0	750,000
Issuance of the Operating Partnership Preferred units for the purchase of investments (Note 5)	0	4,650,000
Issuance of common stock for merger of FSP Satellite Place Corp. (Note 1)	0	27,503
Issuance of preferred stocks for merger of FSP Satellite Place Corp. (Note 1)	0	13,752
Fair value of subsidiary's units owned prior to the merger date	0	5,424,296
Issuance of common stock through reinvestment of dividends	1,638,739	1,187,630
Issuance of preferred stock through reinvestment of dividends	75,379	826
Reduction in contingent consideration estimate	57,875	0
Cash paid for interest	5,743,630	2,248,232
First & Main, LP [Member]
Supplemental disclosure of non-cash investing, financing activities and other cash flow information
Issuance of the Operating Partnership Preferred units for the purchase of interest (Note 1)	2,711,378	0
Fair value of assets acquired from consolidation	18,507,861	0
Fair value of liabilities assumed from consolidation	13,559,483	0
Main Street West, LP [Member]
Supplemental disclosure of non-cash investing, financing activities and other cash flow information
Issuance of the Operating Partnership Preferred units for the purchase of interest (Note 1)	3,242,557	0
Fair value of assets acquired from consolidation	20,699,145	0
Fair value of liabilities assumed from consolidation	16,119,679	0
1300 Main, LP [Member]
Supplemental disclosure of non-cash investing, financing activities and other cash flow information
Fair value of assets acquired from consolidation	10,546,464	0
Fair value of liabilities assumed from consolidation	8,753,242	0
Woodland Corporate Center Two, LP [Member]
Supplemental disclosure of non-cash investing, financing activities and other cash flow information
Fair value of assets acquired from consolidation	11,538,400	0
Fair value of liabilities assumed from consolidation	$ 8,295,843	$ 0