Real Estate Owned (Details) |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2022
USD ($)
property
|
Sep. 30, 2021
USD ($)
property
|
Sep. 30, 2022
USD ($)
property
|
Sep. 30, 2021
USD ($)
property
|
|
Real Estate Owned | ||||
Real estate owned | $ 5,615,940 | $ 6,774,522 | $ 5,615,940 | $ 6,774,522 |
Valuation allowance | 0 | 0 | ||
Impairment loss on real estate owned | 195,000 | 150,000 | 685,500 | 469,000 |
Real estate on owned | 800,053 | 916,325 | 800,053 | 916,325 |
Real estate held-for-sale | $ 4,815,887 | $ 5,858,197 | $ 4,815,887 | $ 5,858,197 |
Number of properties held for sale | property | 2 | 4 | 5 | 6 |
Gain or Loss on sale of real estate | $ 962 | $ 94,450 | $ (121,381) | $ 111,545 |
Number of properties held for rental | property | 1 | 1 | ||
Lease term of rental property held for rental | 5 years |
X | ||||||||||
- Definition This element represents the amount of gain (loss) on sale of properties during the reporting period No definition available.
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X | ||||||||||
- Definition Represents the number of real estate properties held for rental. No definition available.
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X | ||||||||||
- Definition Represents the number of properties sold that are held for sale. No definition available.
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X | ||||||||||
- Definition Represents the lease term of real estate properties held for rental. No definition available.
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X | ||||||||||
- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition Amount of investment in land and building held for sale. Excludes real estate considered inventory. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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X | ||||||||||
- Definition Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition For each period for which an income statement is required, disclosure of the changes in the allowance, including balances at end of period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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X | ||||||||||
- Definition Carrying amount of income producing properties held for rental. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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