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Consolidated and Combined Consolidated Statements of Changes in Equity (Deficit) (Unaudited) - USD ($)
Common Stock
Common Stock
Predecessor
Additional Paid-in Capital
Additional Paid-in Capital
Predecessor
Accumulated Equity (Deficit)
Accumulated Equity (Deficit)
Predecessor
Member's Equity (Deficit)
Member's Equity (Deficit)
Predecessor
Total Stockholders' & Predecessor equity
Total Stockholders' & Predecessor equity
Predecessor
Operating Partnership unitholders' non-controlling interests
Operating Partnership unitholders' non-controlling interests
Predecessor
Non-controlling interests in properties
Non-controlling interests in properties
Predecessor
Total
Predecessor
Beginning Balance at Dec. 31, 2018   $ 4,000,200   $ 3,441,493   $ (11,003,876)   $ (2,095,823)   $ (5,658,006)     $ 44,593   $ (5,613,413)
Beginning Balance, Shares at Dec. 31, 2018                              
Net income (loss)       (173,554)   427,787   254,233     2,843   257,076
Capital contributions     397,121     1,377,758   1,774,879       1,774,879
Distributions and dividends     (150,000)     (1,067,515)   (1,217,515)     (521)   (1,218,036)
Ending Balance at Mar. 31, 2019   $ 4,000,200   3,688,614   (11,177,430)   (1,357,793)   (4,846,409)     46,915   (4,799,494)
Ending Balance, Shares at Mar. 31, 2019                              
Beginning Balance at Dec. 31, 2018   $ 4,000,200   3,441,493   (11,003,876)   (2,095,823)   (5,658,006)     44,593   (5,613,413)
Beginning Balance, Shares at Dec. 31, 2018                              
Net income (loss)                               467,750
Ending Balance at May. 16, 2019 $ 4,000,200 $ 3,139,423 $ (11,174,220) $ (1,168,623) $ (5,203,220) $ 42,741 $ (5,160,479)
Ending Balance, Shares at May. 16, 2019                            
Beginning Balance at Dec. 31, 2018   $ 4,000,200   3,441,493   (11,003,876)   (2,095,823)   (5,658,006)     44,593   (5,613,413)
Beginning Balance, Shares at Dec. 31, 2018                              
Net income (loss)                             (30,718)  
Ending Balance at Jun. 30, 2019   $ 53,128   46,250,914   (726,502)     45,577,540   12,409,152     57,986,692
Ending Balance, Shares at Jun. 30, 2019   5,312,793                            
Beginning Balance at Mar. 31, 2019   $ 4,000,200   3,688,614   (11,177,430)   (1,357,793)   (4,846,409)     46,915   (4,799,494)
Beginning Balance, Shares at Mar. 31, 2019                              
Net income (loss)       3,210   205,971   209,181     1,493   210,674
Capital contributions         293,373   293,373       293,373
Distributions and dividends     (549,191)     (310,174)   (859,365)     (5,667)   (865,032)
Ending Balance at May. 16, 2019 $ 4,000,200 3,139,423 (11,174,220) (1,168,623) (5,203,220) 42,741 (5,160,479)
Ending Balance, Shares at May. 16, 2019                            
Beginning Balance at Mar. 31, 2019   $ 4,000,200   3,688,614   (11,177,430)   (1,357,793)   (4,846,409)     46,915   (4,799,494)
Beginning Balance, Shares at Mar. 31, 2019                              
Net income (loss)                             (287,794)  
Ending Balance at Jun. 30, 2019   $ 53,128   46,250,914   (726,502)     45,577,540   12,409,152     57,986,692
Ending Balance, Shares at Jun. 30, 2019   5,312,793                            
Beginning Balance at May. 16, 2019 $ 4,000,200 3,139,423 (11,174,220) (1,168,623) (5,203,220) 42,741 (5,160,479)
Beginning Balance, Shares at May. 16, 2019                            
Issuance and amortization of equity-based compensation   $ 1,485   126,755       128,240   62,103     190,343
Issuance and amortization of equity-based compensation, Shares   148,529                            
Dividends declared       (334,706)     (334,706)   (91,213)     (425,919)
Net income (loss)       (391,796)     (391,796)   (106,672)     (498,468)
Reallocation of non-controlling interest     10,117,974       10,117,974   (10,117,974)    
Net proceeds from sale of Common Stock   $ 45,000   64,665,261       64,710,261       64,710,261
Net proceeds from sale of Common Stock, Shares   4,500,000                            
Formation transactions   $ (3,993,557)   (31,798,499)   11,174,220   1,168,623   (23,449,213)   22,662,907   (42,741)   (829,047)
Formation transactions, Shares   664,264                            
Ending Balance at Jun. 30, 2019   $ 53,128   $ 46,250,914   $ (726,502)     $ 45,577,540   $ 12,409,152     $ 57,986,692
Ending Balance, Shares at Jun. 30, 2019   5,312,793                            
Beginning Balance at Dec. 31, 2019 $ 53,131   51,396,226   (2,575,754)     48,873,603   20,949,672     69,823,275  
Beginning Balance, Shares at Dec. 31, 2019 5,313,110                              
Issuance and amortization of equity-based compensation $ 1,035   519,215       520,250   185,015     705,265  
Issuance and amortization of equity-based compensation, Shares 103,463                              
Issuance and amortization under the Employee Stock Purchase Plan ("ESPP") $ 35   53,160       53,195       53,195  
Issuance and amortization under the Employee Stock Purchase Plan ("ESPP"), Shares 3,538                              
Dividends declared     (923,348)     (923,348)   (478,385)     (1,401,733)  
Net income (loss)     (677,755)     (677,755)   (352,071)     (1,029,826)  
Reallocation of non-controlling interest   2,218,990       2,218,990   (2,218,990)      
Issuance of OP Units in connection with transaction           7,921,828     7,921,828  
Issuance of OP Units in connection with transaction, Shares                              
Ending Balance at Mar. 31, 2020 $ 54,201   54,187,591   (4,176,857)     50,064,935   26,007,069     76,072,004  
Ending Balance, Shares at Mar. 31, 2020 5,420,111                              
Beginning Balance at Dec. 31, 2019 $ 53,131   51,396,226   (2,575,754)     48,873,603   20,949,672     69,823,275  
Beginning Balance, Shares at Dec. 31, 2019 5,313,110                              
Net income (loss)                             (1,259,453)  
Ending Balance at Jun. 30, 2020 $ 54,511   54,351,945   (5,416,113)     48,990,343   25,549,846     74,540,189  
Ending Balance, Shares at Jun. 30, 2020 5,451,066                              
Beginning Balance at Mar. 31, 2020 $ 54,201   54,187,591   (4,176,857)     50,064,935   26,007,069     76,072,004  
Beginning Balance, Shares at Mar. 31, 2020 5,420,111                              
Issuance and amortization of equity-based compensation $ 423   351,248       351,671   181,352     533,023  
Issuance and amortization of equity-based compensation, Shares 42,297                              
Amortization under ESPP   1,557       1,557       1,557  
Amortization under ESPP, Shares                              
Restricted stock withholding $ (113)   (182,402)       (182,515)       (182,515)  
Restricted stock withholding, Shares (11,342)                              
Dividends declared     (1,088,706)     (1,088,706)   (565,547)     (1,654,253)  
Net income (loss)     (150,550)     (150,550)   (79,077)     (229,627)  
Reallocation of non-controlling interest   (6,049)       (6,049)   6,049      
Ending Balance at Jun. 30, 2020 $ 54,511   $ 54,351,945   $ (5,416,113)     $ 48,990,343   $ 25,549,846     $ 74,540,189  
Ending Balance, Shares at Jun. 30, 2020 5,451,066