Real Estate Facilities and Real Estate Held for Sale (Tables)

6 Months Ended

Jun. 30, 2024

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, 2024:

Real estate facilities
Balance at December 31, 2023	$	231,992,832
Additions - Senior		743,957
Real estate reclassified to held for sale		(55,083,253	)
Balance at June 30, 2024	$	177,653,536
Accumulated depreciation
Balance at December 31, 2023	$	(40,556,104	)
Depreciation expense included in continuing operations		(2,616,803	)
Depreciation expense included in discontinued operations		(660,286	)
Accumulated depreciation reclassified to held for sale		11,803,719
Balance at June 30, 2024	$	(32,029,474	)

Summary of Real Estate Reclassified as Held for Sale

The following summarizes the real estate reclassified as held for sale:

	June 30, 2024			December 31, 2023
Real estate reclassified as held for sale
Land	$	4,903,000		$	4,903,000
Buildings		45,929,027			45,888,288
Site improvements		839,000			839,000
Furniture, fixtures and equipment		3,412,226			3,239,635
		55,083,253			54,869,923
Accumulated depreciation		(11,803,719	)		(11,143,433	)
		43,279,534			43,726,490
Construction in process		31,044			51,033
Total real estate held for sale, net	$	43,310,578		$	43,777,523