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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Investment properties, net of accumulated depreciation:    
Office building and other commercial property $ 1,416,305 $ 1,431,539
Total investment properties, net 1,416,305 1,431,539
Cash and cash equivalents 4,729,572 4,883,923
Investments in marketable securities 2,814,927 3,406,328
Other investments 4,848,153 4,940,403
Investment in affiliate 1,144,854 1,206,782
Loans, notes and other receivables 1,638,851 1,419,760
Investment in residential real estate partnership 3,270,896 3,552,896
Other assets 46,771 49,937
TOTAL ASSETS 19,910,329 20,891,568
LIABILITIES    
Note payable to affiliate 400,000 650,000
Accounts payable, accrued expenses and other liabilities 118,540 206,402
Deferred income tax liability 195,623 107,237
Amounts due to Adviser for incentive fee 45,487 0
Dividends payable 0 503,624
TOTAL LIABILITIES 759,650 1,467,263
STOCKHOLDERS' EQUITY    
Excess common stock, $1 par value; 100,000 shares authorized: no shares issued 0 0
Common stock, $1 par value; 1,050,000 shares authorized, 1,016,848 shares issued and outstanding as of September 30, 2021 and 1,013,292 shares issued and 1,007,248 outstanding as of December 31, 2020 1,016,848 1,013,292
Additional paid-in capital 23,919,818 23,859,686
Less: Treasury shares at cost zero and 6,044 shares as of September 30, 2021 and December 31, 2020, respectively 0 (66,392)
Accumulated deficit (6,035,523) (5,623,557)
Total stockholders' equity 18,901,143 19,183,029
Noncontrolling interest 249,536 241,276
TOTAL EQUITY 19,150,679 19,424,305
TOTAL LIABILITIES AND EQUITY $ 19,910,329 $ 20,891,568