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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (Loss) Income $ (1,420,262) $ 1,434,227
Adjustments to reconcile consolidated net (loss) income to net cash flows from operating activities    
Depreciation 1,635,354 1,673,060
Amortization 263,149 332,715
Loan cost amortization 58,359 47,533
Mandatorily redeemable preferred stock issuance cost and discount amortization 2,404 129,656
Amortization of lease incentives 1,236 1,482
Above (below) market lease amortization, net (91,941) (129,231)
Bad debt expense 1,321 22,220
Share-based compensation 397,182 277,500
Loss on impairment 67,503 0
Loss on extinguishment of debt 27,066 51,837
Loss on redemption of mandatorily redeemable preferred stock 9,375  
Gain on disposal of investment property   (2,819,502)
Changes in assets and liabilities    
Rent and other receivables, net 169,257 153,772
Unbilled rent (69,264) (46,098)
Other assets (459,259) 133,236
Accounts payable and accrued liabilities 112,618 8,677
Net cash flows from operating activities 704,098 1,271,084
CASH FLOWS FROM INVESTING ACTIVITIES    
Investment property acquisitions (89,875) (145,345)
Capital expenditures (563,219) (359,726)
Cash received from disposal of investment property, net   3,110,149
Purchase of digital assets (55,004)  
Net cash flows from investing activities (708,098) 2,605,078
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends and distributions paid (282,569) (610,105)
Repayment of line of credit, short term   (1,000,000)
Operating partnership unit redemption   (77,226)
Repayment of mortgages payable (507,597) (533,894)
Redemption of mandatorily redeemable preferred stock (1,500,000)  
Repurchases of common stock, including costs and fees (140,788)  
Net cash flows from financing activities (2,430,954) (2,221,225)
(DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (2,434,954) 1,654,937
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 6,072,736 3,809,605
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period $ 3,637,782 $ 5,464,542