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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income (loss) $ 725,351 $ (9,330,454) $ (15,105,750)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 7,415,888 9,300,992 12,466,665
Amortization of debt issuance costs 370,415 468,703 559,183
Stock based compensation expense related to issuance of restricted stock 14,246 24,347 25,043
Forgiveness of PPP Loans   (1,971,157)  
Loss on extinguishment of debt 1,985,602    
Gain on sale of real estate, net (12,101,937)    
Gain on equity method investment (573,430) (484,488)  
Increase (decrease) in cash, cash equivalents, and restricted cash from changes in assets and liabilities:      
Other assets (172,386) 207,144 167,077
Accounts payable and accrued liabilities 844,596 (133,803) (411,357)
Due to affiliates 1,403,388 2,637,266 1,904,913
Net cash provided by (used in) operating activities (88,267) 718,550 (394,226)
Cash flows from investing activities:      
Additions to real estate (4,030,077) (1,106,197) (1,458,034)
Net proceeds from sale of real estate 48,503,131    
Settlement of company owned life insurance   328,172 433,040
Distributions of capital from equity method investments 979,131 1,352,523  
Net cash provided by (used in) investing activities 45,452,185 574,498 (1,024,994)
Cash flows from financing activities:      
Principal payments of KeyBank Bridge Loans (17,650,000) (50,000) (3,099,934)
Repayment of Tallahassee Nationwide mortgage loan (23,500,000)    
Scheduled principal payments of mortgage loans (937,856) (646,586) (507,064)
Debt issuance costs (92,458) (164,875) (480,165)
Gross proceeds from issuance of common stock     3,313,673
Offering costs     (265,910)
Reimbursement of offering costs by Advisor     245,557
Redemptions of common stock     (30,392)
Distributions paid to common stockholders (522,553)   (1,316,247)
Distributions paid to Operating Partnership unitholders (1,022)   (3,950)
Net cash used in financing activities (42,703,889) (861,461) (194,432)
Net change in cash, cash equivalents, and restricted cash 2,660,029 431,587 (1,613,652)
Cash, cash equivalents, and restricted cash, beginning of year 9,884,580 9,452,993 11,066,645
Cash, cash equivalents, and restricted cash, end of year 12,544,609 9,884,580 9,452,993
Supplemental disclosures and non-cash transactions:      
Cash paid for interest 8,241,981 9,548,429 9,575,395
Additions to real estate and construction in process in accounts payable and accrued liabilities 371,341 5,347 40,642
Offering costs included in accounts payable and accrued liabilities or due to affiliates     348,172
Adjustment to offering costs included in due to affiliates     (1,097,364)
Distributions payable to preferred unit holders in our operating partnership $ 1,256,632 $ 1,171,988 1,788,727
Issuance of shares pursuant to distribution reinvestment plan     626,649
PPP [Member]      
Cash flows from financing activities:      
Proceeds from issuance loans     $ 1,950,000