Real Estate Facilities

6 Months Ended

12 Months Ended

Jun. 30, 2026

Dec. 31, 2025

Real Estate [Abstract]

Real Estate Facilities

Note 3. Real Estate Facilities

The following summarizes the activity in real estate facilities during the six months ended June 30, 2026:

Real estate facilities
Balance at December 31, 2025		512,513,507
Improvements and additions		15,698,293
Impact of foreign exchange rate changes		(11,011,458	)
Balance at June 30, 2026	$	517,200,342
Accumulated depreciation
Balance at December 31, 2025		(41,047,473	)
Depreciation expense		(6,614,228	)
Impact of foreign exchange rate changes		756,201
Balance at June 30, 2026	$	(46,905,500	)

There were no acquisitions during the six months ended June 30, 2026 and 2025.

Note 3. Real Estate Facilities

The following summarizes the activity in real estate facilities during the years ended December 31, 2025 and 2024:

Real estate facilities
Balance at December 31, 2023		514,006,885
Improvements and additions		7,898,421
Impact of foreign exchange rate changes		(23,613,326	)
Balance at December 31, 2024		498,291,980
Improvements and additions		608,881
Impact of foreign exchange rate changes		13,612,646
Balance at December 31, 2025	$	512,513,507
Accumulated depreciation
Balance at December 31, 2023		(15,660,337	)
Depreciation expense		(12,680,596	)
Impact of foreign exchange rate changes		695,763
Balance at December 31, 2024		(27,645,170	)
Depreciation expense		(12,748,427	)
Impact of foreign exchange rate changes		(653,876	)
Balance at December 31, 2025	$	(41,047,473	)

There were no acquisitions during the year ended December 31, 2025 and 2024.