XML 73 R63.htm IDEA: XBRL DOCUMENT v3.22.2.2
Tenant in Common Investment - Condensed Balance Sheets of Tenant in Common Investment (Details) - USD ($)
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Real Estate Investment Property Net [Abstract]                
Land $ 12,577,544     $ 9,443,445        
Building and site improvements 39,762,696     31,581,864        
Acquired lease intangible assets 4,677,928     3,304,014        
Less accumulated depreciation and amortization (5,063,422)     (3,512,343)        
Deferred rent asset 272,183     156,842        
Prepaid expenses 226,537     237,592        
Total Assets 63,808,909     53,420,716        
Liabilities [Abstract]                
Prepaid rent 158,000     188,000        
Acquired lease intangible liability, net 6,303,232     0        
Mortgage loan, net of unamortized debt issuance costs 35,364,605     28,969,295        
Total liabilities 45,716,372     30,145,523        
Tenant in Common Equity                
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 12,318,901 $ 12,038,435 $ 13,312,716 14,140,214 $ 15,195,262 $ 1,036,253 $ 1,362,788 $ 1,856,219
Total Liabilities and Stockholders' Equity 63,808,909     53,420,716        
Equity 12,318,901 12,038,435 $ 13,312,716 14,140,214 $ 15,195,262 $ 1,036,253 $ 1,362,788 $ 1,856,219
Tenancy In Common                
Real Estate Investment Property Net [Abstract]                
Net real estate investments 4,532,624 4,562,129   4,621,135        
Deferred rent asset 6,851 5,270   2,108        
Prepaid expenses 858 1,492   522        
Due from tenant-in-common 245,579 237,956   47,350        
Total Assets 4,785,912 4,806,847   4,671,115        
Liabilities [Abstract]                
Accounts payable (including related party) and accrued expenses 262,214 270,343   19,292        
Prepaid rent 29,900 0   0        
Acquired lease intangible liability, net 37,419 39,277   42,993        
Mortgage loan, net of unamortized debt issuance costs 2,087,794 2,087,466   2,677,446        
Total liabilities 2,417,327 2,397,086   2,739,731        
Tenant in Common Equity                
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 2,368,585 2,409,761   1,931,384        
Total Liabilities and Stockholders' Equity 4,785,912 4,806,847   4,671,115        
Equity 2,368,585 2,409,761   1,931,384        
Tenancy In Common | GIP Inc.                
Tenant in Common Equity                
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 1,204,811 1,188,061   725,082        
Equity 1,204,811 1,188,061   725,082        
Tenancy In Common | Sunny Ridge                
Tenant in Common Equity                
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 1,163,774 1,221,700   1,206,302        
Equity $ 1,163,774 $ 1,221,700   $ 1,206,302