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Investments in Real Estate-Related Assets (Tables)

3 Months Ended

Mar. 31, 2022

Information about Properties Relating to Location, Rentable Square Feet, and Annualized Rental Income

The results of operations for the Company’s investments in real estate-related assets for the three months ended March 31, 2022 and March 31, 2021 are summarized below:

	For the Three Months Ended March 31,
Station DST	2022			2021
Revenues	$	1,812,907		$	953,326
Operating expenses	$	(3,866,890	)		(505,732	)
Other expenses, net	$	(409,128	)		(1,369,235	)
Net income (loss)	$	(2,463,111	)	$	(921,641	)
Net income (loss) attributable to the Company⁽¹⁾	$	(465,280	)	$	(261,807	)

Note:

(1) Represents the Company’s allocable share of net income based on the Company’s ownership interest in the underlying investment in real estate-related assets and is included within Income from investments in real-estate related assets on the Company’s unaudited consolidated statements of operations.