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Real Estate Facilities (Tables)
6 Months Ended
Jun. 30, 2023
Real Estate [Abstract]  
Summary of Activity in Real Estate Facilities

The following summarizes the activity in the real estate facilities during the six months ended June 30, 2023:

 

Real estate facilities

 

 

 

Balance at December 31, 2022

 

$

228,006,554

 

Additions - Student

 

 

38,656

 

Additions - Senior

 

 

2,589,350

 

Balance at June 30, 2023

 

$

230,634,560

 

Accumulated depreciation

 

 

 

Balance at December 31, 2022

 

$

(33,485,918

)

Depreciation expense

 

 

(3,533,765

)

Balance at June 30, 2023

 

$

(37,019,683

)