Mortgages Receivable (Details Textual) - USD ($) |
6 Months Ended | ||
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Jun. 30, 2018 |
Jun. 30, 2017 |
Dec. 31, 2017 |
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Mortgage Loans on Real Estate, Default Interest Rate | 18.00% | ||
Payments to Acquire Mortgage Receivable | $ 30,263,339 | $ 23,237,925 | |
Proceeds from Collection of Mortgages Receivable | 18,982,298 | 9,181,290 | |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate | 71,408,038 | $ 62,166,937 | |
Mortgages [Member] | |||
Payments to Acquire Mortgage Receivable | 30,284,772 | $ 23,237,925 | |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | |||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate | 2,560,000 | ||
Minimum [Member] | |||
Mortgage Loans on Real Estate, Face Amount of Mortgages | $ 10,000 | ||
Mortgage Loans on Real Estate, Interest Rate | 5.00% | ||
Maximum [Member] | |||
Mortgage Loans on Real Estate, Face Amount of Mortgages | $ 2,000,000 | ||
Mortgage Loans on Real Estate, Interest Rate | 12.50% |
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- Definition The default interest rate on the mortgage loan receivable. No definition available.
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- Definition The cash outflow to acquire a mortgage receivable for a definite sum of money at a future date. No definition available.
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- Definition The cash inflow associated with principal collections from a mortgages receivable. No definition available.
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- Definition Amount of contractual principal due at origination of mortgage loan within investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Interest rate of mortgage loan within investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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