Equity (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Schedule of Warrants Issued and Outstanding with Exercise Price

Issue Date	Warrants Issued
April 25, 2019 exercise price of $20.00		50,000
November 13, 2020 exercise price of $20.00		50,000
September 8, 2021 exercise price of $10.00		1,500,000
September 8, 2021 exercise price of $12.50		135,000
September 30, 2021 exercise price of $10.00		165,000
September 30, 2021 exercise price of $12.50		14,850

The following is a summary of warrants outstanding as of December 31:

	2021						2020
	Number of Warrants		Weighted Average Price		Weighted Average Remaining Life		Number of Warrants		Weighted Average Price		Weighted Average Remaining Life
Beginning of the year		100,000	$	20.00		6.1		50,000	$	20.00		6.3
Issuance		1,814,850	$	10.21		—		50,000		20.00
Ending balance		1,914,850	$	10.72		4.7		100,000	$	20.00		6.1
Warrants exercisable		1,765,000	$	10.57		4.7		100,000		20.00		6.1

Schedule of Restricted Common Shares Issued

The following is a summary of restricted shares issued as of December 31:

	2021			2020
Number of Shares Outstanding at beginning of the period		14,582			5,000
Restricted Shares Issued		14,000			11,250
Restricted Shares Vested		(5,415	)		(1,668	)
Number of Restricted Shares Outstanding at end of the    period		23,167			14,582
Compensation expense	$	201,690		$	101,645

Schedule of Cash Distributions

Common Shareholders Cash Distributions

The following is a summary of distributions to common shareholders and operating partnership unit holders for the years ended December 31, 2021 and 2020: 

Board of Directors Authorized Date	Record Date	Per Share or Per Unit Cash Distributions to Common Shareholders and Operating Partnership Unit Holders
October 5, 2021	December 15, 2021	$	0.054
October 5, 2021	November 15, 2021	$	0.054
October 5, 2021	October 15, 2021	$	0.054
August 25, 2021	August 31, 2021	$	0.325
February 26, 2021	March 15, 2021	$	0.325
October 30, 2020	November 17, 2020	$	0.350
June 23, 2020	July 2, 2020	$	0.350
January 31, 2020	February 28, 2020	$	0.350

* Our president and chairman waived his right to receive a distribution for all of these periods mentioned above.