Real Estate Owned - Additional information (Details) |
3 Months Ended | ||
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Mar. 31, 2022
USD ($)
property
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Mar. 31, 2021
USD ($)
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Dec. 31, 2021
USD ($)
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Real Estate Owned | |||
Real estate owned | $ 6,312,818 | $ 8,624,044 | |
Real estate on owned | 799,533 | $ 1,381,687 | |
Real estate held-for-sale | 5,513,285 | 7,242,357 | |
Proceeds from sale of real estate owned | 371,000 | ||
Loss on sale of real estate | 65,838 | 2,134 | |
Loss on sale of real estate | 65,838 | 2,134 | |
Impairment loss on real estate owned | $ 155,500 | $ 25,000 | |
Number of properties held for rental | property | 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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- Definition The net gain (loss) resulting from sales and other disposals of real estate owned for investment purposes. 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 Cash received from the sale of real estate that is held for investment, that is, it is part of an investing activity during the period. No definition available.
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- Definition Represents the lease term of real estate properties held for rental. No definition available.
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- 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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- References No definition available.
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- Definition Carrying amount as of the balance sheet date of investments in land and buildings held for sale, excluding real estate considered to be inventory of the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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 Carrying amount of income producing properties held for rental. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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