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CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Supplemental Disclosure of Cash Flow Information    
Cash and cash equivalents $ 6,850,026 $ 7,404,266
Restricted cash 2,988,376 2,865,681
Total cash and cash equivalents and restricted cash shown on the consolidated statements of cash flows 9,838,402 10,269,947
Cash paid for interest 2,749,799 2,171,118
Cash paid for income taxes 1,750 29,918
Supplemental Disclosure of Noncash Transactions    
Common stock issued pursuant to distribution reinvestment plan $ 643,941 183,576
Other offering costs paid to affiliates   (274,877)
Decrease in due from related parties   274,877
Assumption of mortgage note payable   $ 15,598,479