XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Balance Sheets - USD ($)
Sep. 30, 2025
Jun. 30, 2025
Real estate assets    
Land $ 44,406,724 $ 44,406,724
Building, fixtures and improvements 197,513,523 193,170,429
Intangible lease assets 11,742,042 13,015,058
Less: accumulated depreciation and amortization (24,703,662) (26,058,639)
Total real estate assets, net 228,958,627 224,533,572
Cash and cash equivalents 4,853,998 3,788,082
Restricted cash 427,194 328,239
Investments, at fair value 1,953,717 1,749,528
Equity method investments, at fair value 2,098,365 2,125,451
Investments income, rents and other receivables 2,181,811 2,273,527
Prepaid expenses and other assets 1,219,882 1,193,779
Total assets 241,693,594 235,992,178
Securities sold, not yet purchased, at fair value 301,120 0
Mortgage notes payable, net 126,907,758 120,417,074
Line of credit and notes payable, net 12,986,003 12,016,507
Deferred rent and other liabilities 1,372,992 1,600,585
Finance lease liabilities 2,187,455 2,253,875
Dividend payable 721,792 715,498
Accounts payable and accrued liabilities 5,719,906 4,562,376
Below-market lease liabilities, net 603,228 703,645
Due to related entities 206,318 167,764
Capital pending acceptance 2,700 13,411
Total liabilities 151,009,272 142,450,735
Common stock, $0.0001 par value, 80,000,000 shares authorized; 1,772,024.00 and 1,578,192.98 shares issued and outstanding as of September 30, 2025 and June 30, 2025, respectively. 177 158
Additional paid-in capital 146,004,099 145,050,643
Accumulated deficit (89,277,899) (85,192,267)
Total stockholders’ equity 56,726,469 59,858,623
Non-controlling interests 33,957,853 33,682,820
Total equity 90,684,322 93,541,443
Total liabilities and equity 241,693,594 235,992,178
Series A Preferred Stock [Member]    
Real estate assets    
Capital pending acceptance 2,700  
Preferred stock 77 77
Series B Preferred Stock [Member]    
Real estate assets    
Preferred stock 12 12
Series C Preferred Stock [Member]    
Real estate assets    
Preferred stock $ 3 $ 0