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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash Flows from Operating Activities:    
Net income $ 1,857,691 $ 2,067,159
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,009,986 4,289,600
Amortization of deferred financing costs and debt discount as interest 234,587 51,847
Amortization of key money loans (53,500) (53,500)
Gain on interest rate swap   (7,237)
Changes in operating assets and liabilities:    
Accounts receivable (48,977) 134,241
Due from related parties   25,000
Prepaid expenses and other assets 286,333 (165,621)
Accounts payable, accrued expenses and other (314,098) 426,626
Due to related parties 138,711 (105,192)
Net cash provided by operating activities 6,110,733 6,662,923
Cash Flow from Investing Activities:    
Capital improvements (1,361,323) (1,418,271)
Cash used in investing activities (1,361,323) (1,418,271)
Cash Flows from Financing Activities:    
Proceeds from mortgage note 19,200,000 39,270,000
Payments of mortgage notes principal (16,659,723) (38,825,525)
Payment of deferred financing costs (199,111) (728,132)
Distributions to stockholders (5,356,351) (2,985,108)
Distributions to noncontrolling interest (1,112,300) (820,750)
Repurchase of common stock (820,524) (797,838)
Payment of stockholder servicing fees   (127)
Net cash used in financing activities (4,948,009) (4,887,480)
Increase (decrease) in cash and cash equivalents and restricted cash (198,599) 357,172
Cash and cash equivalents and restricted cash, beginning of period 11,061,557 10,704,385
Cash and cash equivalents and restricted cash, end of period $ 10,862,958 $ 11,061,557