Real Estate Owned (Details) |
3 Months Ended | 9 Months Ended | |||
---|---|---|---|---|---|
Sep. 30, 2023
USD ($)
property
|
Sep. 30, 2022
USD ($)
property
|
Sep. 30, 2023
USD ($)
property
|
Sep. 30, 2022
USD ($)
property
|
Dec. 31, 2022
USD ($)
|
|
Real Estate Owned | |||||
Real estate owned | $ 3,481,177 | $ 3,481,177 | $ 5,216,149 | ||
Impairment loss on real estate owned | 400,000 | $ 195,000 | 612,500 | $ 685,500 | |
Real estate on owned | 825,963 | 800,053 | 825,963 | 800,053 | |
Real estate held-for-sale | $ 2,655,214 | $ 4,815,887 | $ 2,655,214 | $ 4,815,887 | |
Number of properties held for sale | property | 1 | 2 | 6 | 5 | |
Net (Gain) Loss on property held for sale | $ 14,229 | $ 962 | $ (112,633) | $ (121,381) | |
Number of properties held for rental | property | 1 | 1 | |||
Lease term of rental property held for rental | 5 years | ||||
Valuation allowance | $ 0 | $ 0 | $ 0 |
X | ||||||||||
- Definition The amount of gain (loss) on sale of real estate, properties held-for-sale during the reporting period. No definition available.
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- Definition Represents the number of real estate properties held for rental. No definition available.
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- Definition Represents the number of properties sold that are held for sale. No definition available.
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X | ||||||||||
- Definition The lease term of real estate properties held for rental, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. 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://www.xbrl.org/2003/role/disclosureRef
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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://www.xbrl.org/2009/role/commonPracticeRef
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