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Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Jun. 30, 2024
Real estate assets    
Land $ 44,406,724 $ 42,758,142
Building, fixtures and improvements 193,170,429 171,487,907
Intangible lease assets 13,015,058 11,440,998
Less: accumulated depreciation and amortization (26,058,639) (14,421,966)
Total real estate assets, net 224,533,572 211,265,081
Cash and cash equivalents 3,788,082 11,854,946
Restricted cash 328,239 1,222,393
Investments, at fair value 1,749,528 1,341,164
Equity method investments, at fair value 2,125,451 4,703,266
Investments income, rents and other receivables 2,273,527 1,415,943
Prepaid expenses and other assets 1,193,779 1,284,975
Total assets 235,992,178 233,087,768
Liabilities    
Mortgage notes payable, net 120,417,074 113,687,699
Line of credit and notes payable, net 12,016,507 1,635,773
Deferred rent and other liabilities 1,600,585 1,434,476
Finance lease liabilities 2,253,875 1,887,984
Dividend payable 715,498 2,313,822
Accounts payable and accrued liabilities 4,562,376 2,425,471
Below-market lease liabilities, net 703,645 1,284,832
Due to related entities 167,764 171,619
Capital pending acceptance 13,411 297,000
Total liabilities 142,450,735 125,138,676
Equity    
Common stock, $0.0001 par value, 80,000,000 shares authorized; 1,578,192.98and 1,330,257.30 shares issued and outstanding as of June 30, 2025 and June 30, 2024, respectively. 158 133
Additional paid-in capital * 145,050,643 137,073,480
Accumulated deficit (85,192,267) (54,715,347)
Total stockholders' equity 59,858,623 82,358,347
Non-controlling interests 33,682,820 25,590,745
Total equity 93,541,443 107,949,092
Total liabilities and equity 235,992,178 233,087,768
Series A Preferred Stock [Member]    
Equity    
Preferred stock 77 76
Series B Preferred Stock [Member]    
Equity    
Preferred stock $ 12 $ 5