Loans Receivable (Tables)

3 Months Ended

Mar. 31, 2025

Receivables [Abstract]

Schedule of Commercial Real Estate Loans Receivable

Commercial real estate loans receivable, net consist of the following:

	March 31, 2025			December 31, 2024
Commercial real estate loans receivable, gross	$	388,944		$	392,186
Allowance for credit losses		-			-
Commercial real estate loans receivable, net		388,944			392,186
Current portion		(13,580	)		(13,332	)
Noncurrent portion	$	375,364		$	378,854

Schedule of Allowance For Loan Losses

The allowance for credit losses consists of the following activity for the three months ended March 31, 2025 and 2024:

Three months ended March 31,	2025		2024
Allowance for credit losses
Beginning balance	$	-	$	10,723
Charge-offs		-		-
Recoveries		-		-
Benefits		-		(1,642	)
Ending balance	$	-	$	9,081
Loans receivable:
Individually evaluated for impairment	$	-	$	-
Collectively evaluated for impairment		388,944		401,564
	$	388,944	$	401,564
Allowance for credit losses:
Individually evaluated for impairment	$	-	$	-
Collectively evaluated for impairment		-		9,081
	$	-	$	9,081

Schedule of Risk Rating

The carrying value of the Company’s loan, excluding the CECL reserve and based on the risk rating, is as follows:

Risk rating	March 31, 2025		December 31, 2024
6	$	388,944	$	392,186
Grand total	$	388,944	$	392,186