Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Details)

v3.23.2
Significant Accounting Policies (Details) - USD ($)
 6 Months Ended
Jun. 30, 2023
Jan. 01, 2023
Dec. 31, 2022
Jun. 30, 2022
Significant Accounting Policies        
CECL Allowance $ 2,198,061   $ 105,000  
Loan pending/pre-foreclosure amount 50,000,000.0   24,000,000.0  
Loan of allowance for credit loss 0   0  
CECL allowance for mortgages receivable 2,200,000 $ 1,900,000    
Increase in CECL allowance for mortgages receivable 300,000      
CECL allowance for interest and fees receivable 29,100 26,100    
Increase in CECL allowance for interest and fees receivable 3,000      
CECL allowance for borrowers 32,300 19,900    
Increase in CECL allowance for borrowers 12,400      
CECL allowance for unfunded commitments 531,500 522,000    
Increase In CECL allowance for unfunded commitments 9,500      
Uncertain tax positions 0     $ 0
Retained earnings (7,222,078)   $ (7,995,143)  
ASU 2016-13        
Significant Accounting Policies        
CECL Allowance 531,500      
Adjustment | ASU 2016-13        
Significant Accounting Policies        
CECL Allowance $ 1,921,000 2,489,574    
Retained earnings   $ (2,489,574)    
Land and building        
Significant Accounting Policies        
Property plant and equipment, useful life 40 years      
Carrying value $ 1,048,380      
Impairment loss $ 200,000      
Building        
Significant Accounting Policies        
Property plant and equipment, useful life 40 years      
Minimum        
Significant Accounting Policies        
Percentage of origination and modification fee revenue 1.00%      
Maximum        
Significant Accounting Policies        
Percentage of origination and modification fee revenue 3.00%