FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2024

FAIR VALUE MEASUREMENTS

Schedule of carrying amounts and estimated fair value of debt

	September 30, 2024		December 31, 2023
	Carrying Value	Fair Value	Carrying Value	Fair Value
Assets
Cash equivalents	15,069,693	15,069,693	18,230,463	18,230,463
Treasury bills	86,134,074	86,212,655	84,700,751	84,799,638
Total Assets	101,203,767	101,282,348	102,931,214	103,030,101
Liabilities
Mortgage payable *
- Partnership properties	406,846,877	365,473,182	408,660,292	359,092,343
- Investment properties	172,319,151	165,638,834	165,969,481	156,280,958
Total Liabilities	579,166,028	531,112,016	574,629,773	515,373,301

* Net of unamortized deferred financing costs