Consolidated Balance Sheets - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Assets
Cash	$ 10,282,983	$ 7,145,661
Restricted cash	7,105,057	32,907,800
Accounts receivable, net	2,367,225	366,089
Prepaid expenses and other assets	8,350,604	6,920,851
Property and equipment, net	180,460,562	154,355,763
Project development costs	128,721,480	107,969,139
Total assets	337,287,911	309,665,303
Liabilities
Notes payable, net	101,360,196	98,899,367
Accounts payable and accrued expenses	12,120,891	20,538,190
Due to affiliate	1,818,955	1,723,556
Warrant liabilities	13,669,000	19,112,000
Other liabilities	3,740,625	4,310,469
Total liabilities	132,709,667	144,583,582
Commitments and contingencies (Note 6, 7, and 8)
Stockholders’ equity
Undesignated preferred stock, $0.0001 par value; 4,932,200 shares authorized; no shares issued or outstanding at December 31, 2021 and 2020
Series B convertible preferred stock, $0.0001 par value; 15,200 shares designated; 15,200 and 0 shares issued and outstanding at December 31, 2021 and 2020, respectively	2
Common stock, $0.0001 par value; 300,000,000 shares authorized; 97,563,841 and 64,091,266 shares issued and outstanding at December 31, 2021 and 2020, respectively	9,756	6,410
Additional paid-in capital	305,117,091	172,112,688
Accumulated deficit	(99,951,839)	(6,840,871)
Total equity attributable to HOFRE	205,175,010	165,278,227
Non-controlling interest	(596,766)	(196,506)
Total equity	204,578,244	165,081,721
Total liabilities and stockholders' equity	$ 337,287,911	$ 309,665,303