Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2020

Summary of Significant Accounting Policies

Schedule of EPS

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Net income (loss)	$	753,582	$	970,167	$	(2,646,339)	$	308,361
Less: Class K Common Stock dividends declared and accumulated		584,848		331,039		1,610,617		828,495
Less: Class K-I Common Stock dividends declared and accumulated		111,991		50,849		305,563		78,107
Less: Class K-T Common Stock dividends declared and accumulated		8,444		1,857		23,826		2,475
Less: Class A Common Stock dividends declared and accumulated		94,561		81,274		268,264		223,024
Undistributed net income (loss)	$	(46,262)	$	505,148	$	(4,854,609)	$	(823,740)
Class K Common Stock:
Undistributed net income (loss)	$	(32,922)	$	345,553	$	(3,442,620)	$	(574,376)
Class K Common Stock dividends declared and accumulated		584,848		331,039		1,610,617		828,495
Net income (loss)	$	551,926	$	676,592	$	(1,832,003)	$	254,119
Net income (loss) per common share, basic and diluted	$	0.17	$	0.31	$	(0.57)	$	0.14
Weighted average number of common shares outstanding, basic and diluted		3,323,827		2,188,750		3,217,836		1,846,052
Class K-I Common Stock:
Undistributed net income (loss)	$	(6,304)	$	53,076	$	(652,273)	$	(54,138)
Class K-I Common Stock dividends declared and accumulated		111,991		50,849		305,563		78,107
Net income (loss)	$	105,687	$	103,925	$	(346,710)	$	23,969
Net income (loss) per common share, basic and diluted	$	0.17	$	0.31	$	(0.57)	$	0.14
Weighted average number of common shares outstanding, basic and diluted		636,468		336,183		609,683		174,002
Class K-T Common Stock:
Undistributed net income (loss)	$	(475)	$	1,939	$	(51,033)	$	(1,708)
Class K-T Common Stock dividends declared and accumulated		8,444		1,857		23,826		2,475
Net income (loss)	$	7,969	$	3,796	$	(27,207)	$	767
Net income (loss) per common share, basic and diluted	$	0.17	$	0.31	$	(0.57)	$	0.14
Weighted average number of common shares outstanding, basic and diluted		47,989		12,280		47,700		5,489
Class A Common Stock:
Undistributed net income (loss)	$	(5,323)	$	84,845	$	(574,951)	$	(154,626)
Class A Common Stock dividends declared and accumulated		94,561		81,274		268,264		223,024
Net income (loss)	$	89,238	$	166,119	$	(306,687)	$	68,398
Net income (loss) per common share, basic and diluted	$	0.17	$	0.31	$	(0.57)	$	0.14
Weighted average number of common shares outstanding, basic and diluted		537,410		537,410		537,410		496,970
Class B Common Stock:
Undistributed net income (loss)	$	(1,238)	$	19,735	$	(133,732)	$	(38,892)
Net income (loss) per common share, basic and diluted	$	(0.01)	$	0.16	$	(1.07)	$	(0.31)
Weighted average number of common shares outstanding, basic and diluted		125,000		125,000		125,000		125,000