Commitments and Contingencies - Additional Information (Details) |
1 Months Ended | 12 Months Ended | |||
---|---|---|---|---|---|
Jul. 31, 2020
USD ($)
|
May 31, 2018
USD ($)
|
Apr. 30, 2018
USD ($)
|
Dec. 31, 2020
USD ($)
property
|
Dec. 31, 2019
USD ($)
|
|
Base salary | $ 250,000 | $ 260,000 | $ 360,000 | ||
Amortization of Deferred Loan Origination Fees, Net | $ 55,639 | $ 40,070 | |||
Employment Agreements Description | (i) the employment term is five years commencing February 9, 2017, 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; (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; (v) a two-year non-competition period following the termination of employment without cause; and (vi) payments upon termination of employment or a change in control. | ||||
Number of Mortgage Properties | property | 5 | ||||
Mortgages receivable | $ 276,000 | ||||
Unfunded Loan Commitment [Member] | |||||
Other Commitment | $ 19,601,731 | ||||
Minimum [Member] | |||||
Loan Origination Fees On Original Loan Principal, Percentage | 2.00% | ||||
Maximum [Member] | |||||
Loan Origination Fees On Original Loan Principal, Percentage | 5.00% | ||||
JJV LLC [Member] | Minimum [Member] | |||||
Loan Origination Fees On Original Loan Principal, Percentage | 2.00% | ||||
JJV LLC [Member] | Maximum [Member] | |||||
Loan Origination Fees On Original Loan Principal, Percentage | 5.00% |