Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities:
Net income (loss)	$ (8,825,397)	$ (246,405)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	24,231,528	10,572,936
Loss from investments in real estate-related assets	440,521	76,208
Amortization of above-market lease intangibles	147,284	85,003
Amortization of below-market lease intangibles	(1,196,857)	(676,550)
Changes in assets and liabilities:
Proceeds from investments in real estate-related assets	326,054	309,847
(Increase) in deferred rent receivable	(2,856,075)	(3,409,597)
Decrease/(increase) in accrued preferred return receivable	81,018	(78,405)
Decrease/(increase) in accrued income from mezzanine loan investment	72,498	(69,902)
(Increase) in prepaid expenses and other assets	(4,549,428)	(4,033,588)
(Increase) in due from related party	(235,482)	(140,371)
Increase in due to related parties	4,615,058	165,217
Increase in deferred revenue	327,770	699,652
(Decrease)/increase in distribution payable	(410,919)	540,237
Increase in restricted reserves	3,210,354	2,455,950
Increase/(decrease) in accounts payable and accrued expenses	66,752	(447,380)
Increase in accrued interest payable	720,077	391,873
Net cash provided by operating activities	16,164,756	6,194,725
Cash flows from investing activities:
Acquisition of real estate	(110,109,644)	(124,746,506)
Cash used in investing activities	(110,109,644)	(124,746,506)
Cash flows from financing activities:
Borrowings under credit facility	6,500,000	63,170,173
Proceeds from issuance of common stock, net	131,348,167	52,141,899
Distributions	(10,371,651)	(5,251,160)
Payments for redemptions of common stock	(6,881,829)	(5,621,298)
Non-controlling interest distributions	(6,549,155)	(957,718)
Syndicated ownership interest	3,191,427
Payment of deferred financing costs	(1,934,171)	(2,530,645)
Net cash provided by financing activities	115,302,788	100,951,251
Net increase/(decrease) in cash and cash equivalents and restricted cash	21,357,900	(17,600,530)
Cash and cash equivalents and restricted cash, at beginning of period	19,026,144	33,524,830
Cash and cash equivalents and restricted cash, at end of period	40,384,044	15,924,300
Reconciliation of cash and cash equivalents and restricted cash
Cash and cash equivalents	33,731,533	12,299,518
Restricted cash	6,652,511	3,624,782
Supplemental disclosure of cash flow information:
Cash paid for interest	10,766,300	5,136,958
Non-cash investing and financing activities:
Distribution reinvestment	4,053,307	2,750,780
Distributions payable	4,123,160	2,467,843
Assumption of loans payable in conjunction with acquisitions of real estate	115,731,250	163,052,000
Acquired non-controlling interests	$ 132,570,081	$ 75,127,589