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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Real estate assets, at cost $ 77,172,756 $ 29,674,731
Accumulated depreciation and amortization (4,690,610) (1,209,392)
Real estate assets, net 72,482,146 28,465,339
Cash and cash equivalents 132,889 5,839,035
Restricted cash 277,579 152,900
Note receivable - related party 4,400,000 0
Investment in unconsolidated entity 8,026,720 8,026,720
Escrowed investor proceeds 90 50,790
Deferred lease commissions, net 314,404 70,266
Accrued rent and accounts receivable, net 964,021 159,102
Prepaid expenses and other assets 573,378 289,148
Acquisition deposits 1,850,000 110,000
Due from related parties 549,473 338,939
Total assets 89,570,700 43,502,239
Liabilities:    
Notes payable, net 18,317,362 14,086,330
Accounts payable and accrued expenses 4,002,308 920,922
Subscriptions for common stock 90 50,790
Tenants’ security deposits 645,800 125,916
Total liabilities 22,965,560 15,183,958
Commitments and contingencies
Special Limited Partnership Interests 1,000 1,000
Stockholders' equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 0 0
Additional paid-in capital 77,572,760 34,003,619
Accumulated distributions and net loss (11,053,736) (5,723,552)
Total stockholders' equity 66,604,140 28,317,281
Total liabilities and equity 89,570,700 43,502,239
Class A    
Stockholders' equity:    
Common stock 80,573 35,917
Class T    
Stockholders' equity:    
Common stock $ 4,543 $ 1,297