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Consolidated Statements of Cash Flows (unaudited) - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASHFLOWS FROM OPERATING ACTIVITIES    
Net loss $ (712,433) $ (1,344,615)
Adjustments to reconcile net loss to cash (used) provided by operating activities:    
Depreciation 1,078,854 1,041,222
Amortization of acquired lease intangible assets 429,486 411,334
Amortization of debt issuance costs 120,343 134,898
Amortization of below market leases (147,228) (109,496)
Common stock issued for services 112,432  
Restricted stock unit compensation 201,690 101,645
Equity in earnings on investment in tenancy-in-common (12,495)  
Gain on sale of property (923,178)  
Changes in operating assets and liabilities:    
Accounts receivable (12,867) (1,946)
Other assets (37,951) (65,224)
Deferred rent asset (30,187) (61,553)
Prepaid expenses (103,427) (56,157)
Accounts payable 83,165 35,525
Accrued expenses (260,309) 72,030
Deferred rent liability 40,343 98,996
Net cash (used) provided by operating activities (173,762) 256,659
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of land, buildings, other tangible and intangible assets (8,288,954) (272,849)
Escrow deposit for purchase of properties (175,000)  
Distribution from tenancy-in-common 12,243  
Investment in tenancy-in-common (724,830)  
Proceeds from sale of land, buildings, other tangible and intangible assets 5,245,856  
Net cash used in investing activities (3,930,685) (272,849)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of equity securities, net 14,375,857 1,000,000
Proceeds from issuance of redeemable interest 2,100,000  
Mortgage loan repayments - related party (1,100,000) (800,000)
Redemption of redeemable non-controlling interests (1,200,000)  
Mortgage loan borrowings 4,475,000 11,287,500
Mortgage loan repayments (3,913,773) (10,108,205)
Deferred financing costs paid in cash   (215,248)
Debt issuance costs paid in cash (69,780) (589,133)
Insurance financing borrowings 277,059 189,153
Insurance financing repayments (284,569) (203,484)
Distribution on redeemable non-controlling interests (493,321) (487,038)
Dividends paid on common stock (560,314) (333,356)
Net cash generated from (used in) financing activities 13,606,159 (259,811)
Net increase (decrease) in cash and cash equivalents 9,501,712 (276,001)
Cash and cash equivalents and restricted cash - beginning of period 1,122,364 1,398,365
Cash and cash equivalents and restricted cash - end of period 10,624,076 1,122,364
CASH TRANSACTIONS    
Interest Paid 1,192,251 1,245,012
NON-CASH TRANSACTIONS    
Stock issued for accrued liabilities 11,000  
Deferred financing costs incurred on account   224,000
Deferred distribution on redeemable non-controlling interests $ 36,729  
Debt assumed related to asset acquisition   486,180
Accounts payable - related party for redemption of common stock shares   $ 1,286,664