Commitments and Contingencies - Additional Information (Details) |
1 Months Ended | 3 Months Ended |
---|---|---|
Jul. 31, 2020
USD ($)
|
Mar. 31, 2022
USD ($)
property
shares
|
|
Base salary | $ 250,000 | |
Employment Agreements Description | (i) the employment term is five years with extensions for successive one-year periods unless either party provides written notice at least 180 days prior to the next anniversary date of its intention to not renew the agreement; (ii) a base salary of $260,000, which was increased in April 2018 to $360,000, and increased again in April 2021 to $500,000; (iii) incentive compensation in such amount as determined by the Compensation Committee of the Company’s Board of Directors; (iv) participation in the Company’s employee benefit plans; (v) full indemnification to the extent permitted by law; (vi) a two-year non-competition period following the termination of employment without cause; and (vii) payments upon termination of employment or a change in control. In April 2022, the Compenstion Committee increased Mr. Villano’s base salary to $750,000. | |
Number of Mortgage Properties | property | 9 | |
Mortgages receivable | $ 810,000 | |
Number of accelerated shares | shares | 4,753 | |
Unfunded Loan Commitment [Member] | ||
Other Commitment | $ 115,441,853 | |
Minimum | ||
Loan Origination Fees On Original Loan Principal, Percentage | 1.00% | |
Maximum | ||
Loan Origination Fees On Original Loan Principal, Percentage | 3.00% |