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Real Estate Facilities (Tables)
6 Months Ended
Jun. 30, 2024
Real Estate [Abstract]  
Summary of Activity in Real Estate Facilities

The following summarizes the activity in real estate facilities during the six months ended June 30, 2024:

Real estate facilities

 

 

 

Balance at December 31, 2023

 

$

514,006,885

 

Improvements and additions

 

 

1,097,153

 

Impact of foreign exchange rate changes

 

 

(9,363,465

)

Balance at June 30, 2024

 

$

505,740,573

 

Accumulated depreciation

 

 

 

Balance at December 31, 2023

 

$

(15,660,337

)

Depreciation expense

 

 

(6,283,269

)

Impact of foreign exchange rate changes

 

 

151,793

 

Balance at June 30, 2024

 

$

(21,791,813

)