FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2023

FAIR VALUE MEASUREMENTS

Schedule of carrying amounts and estimated fair value of debt

	September 30, 2023		Dec 31, 2022
	Carrying Value	Fair Value	Carrying Value	Fair Value
Assets
Cash equivalents	16,141,398	16,141,398	49,560,723	49,560,723
Treasury bills	83,252,673	83,991,888	88,332,133	88,908,540
Total Assets	99,394,071	100,133,286	137,892,856	138,469,263
Liabilities
Mortgage payable *
- Partnership properties	409,253,129	341,700,294	410,966,199	355,629,060
- Investment properties	166,000,690	150,939,836	166,090,966	153,710,522
Total Liabilities	575,253,819	492,640,130	577,057,165	509,339,582

* Net of unamortized deferred financing costs