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CONSOLIDATED AND BALANCE SHEETS - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Real Estate:    
Total Real Estate, at cost $ 189,205,147 $ 128,456,692
Less, Accumulated Depreciation (3,059,610) (416,235)
Real Estate—Net 186,145,537 128,040,457
Assets Held for Sale 4,534,569 0
Cash and Cash Equivalents 1,227,059 12,341,978
Intangible Lease Assets—Net 32,455,027 22,357,633
Straight-Line Rent Adjustment 1,655,054 68,016
Deferred Expenses   577,272
Other Assets 1,284,568 787,317
Total Assets 227,301,814 164,172,673
Liabilities:    
Accounts Payable, Accrued Expenses, and Other Liabilities 2,119,952 1,471,722
Prepaid Rent and Deferred Revenue 970,877 87,481
Intangible Lease Liabilities—Net 2,819,325 1,908,193
Long-Term Debt 69,507,464  
Total Liabilities 75,417,618 3,467,396
Commitments and Contingencies
Equity:    
Preferred Stock, $0.01 par value per share, 100 million shares authorized, no shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively
Common Stock, $0.01 par value per share, 500 million shares authorized, 7,451,867 shares issued and outstanding as of June 30, 2020 and 7,902,737 shares issued and outstanding December 31, 2019 79,081 79,027
Additional Paid-In Capital 133,037,076 137,947,575
Accumulated Deficit (3,802,680) (497,508)
Accumulated Other Comprehensive Loss (646,882)  
Stockholders' Equity 128,666,595 137,529,094
Noncontrolling Interest 23,217,601 23,176,183
Total Equity 151,884,196 160,705,277
Total Liabilities and Equity 227,301,814 164,172,673
Land    
Real Estate:    
Total Real Estate, at cost 75,342,023 54,386,511
Buildings and Improvements    
Real Estate:    
Total Real Estate, at cost $ 113,863,124 $ 74,070,181