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

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

Real estate facilities

 

 

 

Balance at December 31, 2023

 

$

514,006,885

 

Improvements and additions

 

 

7,568,263

 

Impact of foreign exchange rate changes

 

 

(5,823,384

)

Balance at September 30, 2024

 

$

515,751,764

 

Accumulated depreciation

 

 

 

Balance at December 31, 2023

 

$

(15,660,337

)

Depreciation expense

 

 

(9,483,983

)

Impact of foreign exchange rate changes

 

 

63,096

 

Balance at September 30, 2024

 

$

(25,081,224

)