XML 31 R19.htm IDEA: XBRL DOCUMENT v3.22.1
Real Estate Facilities and Real Estate Held for Sale (Tables)
12 Months Ended
Dec. 31, 2021
Real Estate [Abstract]  
Summary of Activity in Real Estate Facilities

The following summarizes the activity in the real estate facilities during the years ended December 31, 2021 and 2020:

 

Real estate facilities

 

 

 

Balance at December 31, 2019

 

$

268,740,745

 

Additions - Student

 

 

187,673

 

Additions - Senior

 

 

1,073,745

 

Balance at December 31, 2020

 

 

270,002,163

 

Additions - Student

 

 

203,195

 

Additions - Senior

 

 

878,873

 

Real estate reclassified to held for sale

 

 

(45,049,915

)

Balance at December 31, 2021

 

$

226,034,316

 

Accumulated depreciation

 

 

 

Balance at December 31, 2019

 

$

(15,243,833

)

Depreciation expense

 

 

(8,647,065

)

Balance at December 31, 2020

 

 

(23,890,898

)

Depreciation expense

 

 

(8,674,660

)

Accumulated depreciation reclassified to held for sale

 

 

6,495,528

 

Balance at December 31, 2021

 

$

(26,070,030

)