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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Property and equipment, net $ 102,236,979 $ 89,588,704
Cash 6,850,026 7,404,266
Restricted cash 2,988,376 2,865,681
Accounts receivable, net 453,979 124,902
Due from related parties 153,113 68,050
Prepaid expenses and other assets, net 978,905 902,543
Total Assets 113,661,378 100,954,146
Liabilities    
Mortgage notes payable, net 64,141,964 56,747,853
Other debt 942,605 1,018,917
Accounts payable, accrued expenses and other, net 2,700,281 2,705,897
Due to related parties 1,885,559 2,648,575
Total Liabilities 69,670,409 63,121,242
Commitments and Contingencies
Commitments and Contingencies    
Noncontrolling interest of the Operating Partnership 1,226,417 1,172,329
Stockholders' Equity    
Additional paid-in capital 47,930,212 40,343,076
Cumulative loss (3,500,228) (6,092,421)
Cumulative distributions (7,428,718) (3,528,321)
Total Stockholders' Equity 37,061,591 30,772,185
Noncontrolling interest 5,702,961 5,888,390
Total Equity 42,764,552 36,660,575
Total Liabilities and Stockholders' Equity 113,661,378 100,954,146
Class K Common Stock    
Stockholders' Equity    
Common stock, value, issued 39,477 36,081
Class K-I Common Stock    
Stockholders' Equity    
Common stock, value, issued 13,155 6,668
Class K-T Common Stock    
Stockholders' Equity    
Common stock, value, issued 629 478
Class A Common Stock    
Stockholders' Equity    
Common stock, value, issued 5,814 5,374
Class B Common Stock    
Stockholders' Equity    
Common stock, value, issued $ 1,250 $ 1,250