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Discontinued Operations - Summary of Discontinued Statement of Cash Flows (Details) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Adjustments to reconcile net loss to net cash provided by discontinued operating activities:    
Depreciation $ 660,286 $ 688,981
Amortization of debt issuance costs 170,005 89,375
Derivative fair value adjustment 147,284  
Increase (decrease) in cash, cash equivalents, and restricted cash from changes in assets and liabilities:    
Purchase of interest rate cap (366,000)  
Other assets (170,117) 118,325
Accounts payable and accrued liabilities 245,781 368,644
Due to affiliates 252,711 247,689
Net cash provided by discontinued operating activities 939,950 1,513,014
Cash flows from discontinued investing activities:    
Additions to real estate (193,341) (323,899)
Discontinued investing activities (193,341) (323,899)
Cash flows from discontinued financing activities:    
Principal payments of KeyBank Bridge Loans (300,000) (300,000)
Proceeds from Fayetteville JPM refinance 5,000,000  
Debt issuance costs (362,439)  
Discontinued financing activities 4,337,561 (300,000)
Net change in cash, cash equivalents, and restricted cash discontinued operations $ 5,084,170 $ 889,115