FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2024

FAIR VALUE MEASUREMENTS

Schedule of carrying amounts and estimated fair value of debt

	March 31, 2024		Dec 31, 2023
	Carrying Value	Fair Value	Carrying Value	Fair Value
Assets
Cash equivalents	28,801,744	28,801,744	18,230,463	18,230,463
Treasury bills	69,444,998	69,448,049	84,700,751	84,799,638
Total Assets	98,246,742	98,249,793	102,931,214	103,030,101
Liabilities
Mortgage payable *
- Partnership properties	408,060,293	353,236,985	408,660,292	359,092,343
- Investment properties	165,937,703	154,867,600	165,969,481	156,280,958
Total Liabilities	573,997,996	508,104,585	574,629,773	515,373,301

* Net of unamortized deferred financing costs