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Acquired Lease Intangible Assets, Net (Tables)
6 Months Ended
Jun. 30, 2022
Intangible Assets Net Excluding Goodwill [Abstract]  
Schedule of Intangible Assets, Net

Acquired Lease Intangible Assets, net is comprised of the following:

 

As of June 30,

 

 

As of December 31,

 

 

2022

 

 

2021

 

Acquired lease intangible assets

$

4,677,928

 

 

$

3,304,014

 

Accumulated amortization

 

(1,246,874

)

 

 

(994,857

)

Acquired lease intangible assets, net

$

3,431,054

 

 

$

2,309,157

 

Schedule of Future Amortization for Intangible Assets

The future amortization for Acquired Lease Intangible Assets, net for subsequent years ending December 31is listed below:

 

 

As of June 30,

 

 

2022

 

2022 (6 months remaining)

$

275,520

 

2023

 

542,954

 

2024

 

542,954

 

2025

 

509,815

 

2026

 

489,884

 

Thereafter

 

1,069,927

 

 

$

3,431,054