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Real Estate Facilities
6 Months Ended
Jun. 30, 2021
Real Estate [Abstract]  
Real Estate Facilities

Note 3. Real Estate Facilities

The following summarizes the activity in the real estate facilities during the six months ended June 30, 2021:

 

Real estate facilities

 

 

 

 

Balance at December 31, 2020

 

$

270,002,163

 

Additions - Student

 

 

74,259

 

Additions - Senior

 

 

365,212

 

Balance at June 30, 2021

 

$

270,441,634

 

Accumulated depreciation

 

 

 

 

Balance at December 31, 2020

 

$

(23,890,898

)

Depreciation expense

 

 

(4,390,768

)

Balance at June 30, 2021

 

$

(28,281,666

)