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Real Estate Facilities and Real Estate Held for Sale (Tables)
6 Months Ended
Jun. 30, 2022
Real Estate [Abstract]  
Summary of Activity in Real Estate Facilities

The following summarizes the activity in the real estate held for investment during the six months ended June 30, 2022:

 

Real estate facilities

 

 

 

Balance at December 31, 2021

 

$

226,034,316

 

Additions - Student

 

 

60,632

 

Additions - Senior

 

 

398,975

 

Balance at June 30, 2022

 

$

226,493,923

 

Accumulated depreciation

 

 

 

Balance at December 31, 2021

 

$

(26,070,030

)

Depreciation expense

 

 

(3,675,253

)

Balance at June 30, 2022

 

$

(29,745,283

)