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Debt and Debt Held for Sale - Schedule of Company's Outstanding Debt (Detail) - USD ($)
12 Months Ended
Nov. 09, 2021
Dec. 31, 2024
Dec. 31, 2023
Aug. 31, 2018
Feb. 23, 2018
Jun. 28, 2017
Debt Instrument [Line Items]            
Carrying Value   $ 104,596,224        
Debt issuance costs, net   (483,269) $ (665,423)      
Debt, net   104,112,955 131,391,624      
Debt issuance costs held for sale, net     (27,806)      
Debt related to real estate held for sale, net     29,472,194      
Total debt, net   104,112,955 160,863,818      
Freddie Mac Utah Loans [Member]            
Debt Instrument [Line Items]            
Carrying Value [1]   $ 43,509,081 44,291,048      
Debt instrument, initial interest rate   5.06% [1]     506.00%  
Maturity Date [1]   Feb. 23, 2028        
Freddie Mac Courtyard Loan [Member]            
Debt Instrument [Line Items]            
Carrying Value [2]   $ 61,087,143 62,049,449      
Debt instrument, initial interest rate   4.86% [2]   486.00%    
Maturity Date [2]   Sep. 01, 2028        
KeyBank Bridge Loans [Member]            
Debt Instrument [Line Items]            
Carrying Value [3]     25,716,550      
Maturity Date Apr. 30, 2023          
JPM Mortgage Loan [Member] | Fayetteville Property [Member]            
Debt Instrument [Line Items]            
Carrying Value [4]     $ 29,500,000      
Debt instrument, initial interest rate           420.00%
Maturity Date   Jul. 01, 2024        
[1] Represents the aggregate of three separate mortgage loans for the three senior housing properties acquired in Utah. Fixed rate debt with interest only payments due monthly for the first two years, then principal and interest on a 30-year amortization schedule beginning March 2020.
[2] Fixed rate debt with interest only payments due monthly for the first four years, then principal and interest on a 30-year amortization schedule beginning September 2022.
[3] On July 31, 2024, we sold the Fayetteville property for $72.25 million. In conjunction with the sale we repaid the remaining balance of the loan and terminated it in accordance with the terms of the loan.
[4] The fixed rate Fayetteville JPM Mortgage Loan was repaid and terminated in accordance with the terms of the loan on April 10, 2024.