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TAXABLE INCOME AND TAX BASIS (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
TAXABLE INCOME AND TAX BASIS                      
Taxable net income                 $ 10,968,000 $ 4,056,000 $ 8,578,000
Excess amount of statement income over taxable income                 7,245,000    
Excess amount of cumulative statement basis over cumulative taxable basis $ 14,000,000               14,000,000    
Excess amount of statement income from joint venture investments over taxable income                 3,000,000    
Reconciliation of GAAP net income to taxable income                      
Net income (loss) $ 2,142,646 $ 995,224 $ 242,985 $ 342,418 $ (2,900,489) $ (75,385) $ 569,891 $ (294,180) 3,723,273 (2,700,163) 1,424,528
Book/Tax differences from depreciation and amortization                 4,160,000 5,673,000 6,627,000
Book/Tax differences from Investment Properties                 (1,258,000) 87,000 69,000
Increase (Decrease) in prepaid rent and allowances                 554,000 (46,000) 936,000
Other items                 1,273,000 1,216,000 (341,000)
Taxable income                 $ 10,968,000 $ 4,056,000 $ 8,578,000