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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Assets    
Real estate assets, net $ 57,257,626 $ 58,390,066
Cash and cash equivalents 6,341,502 2,899,701
Restricted cash 132,104 163,998
Investments in securities 2,593,297 3,483,182
Accounts receivable 162,701 120,641
Prepaid expenses and other assets 546,420 534,120
Line of credit issuance costs, net 177,803 254,004
Interest rate cap 111,801 9,408
Goodwill 694,121 694,121
Total assets 68,017,375 66,549,241
Liabilities and equity    
Note payable, net 17,546,978 17,916,513
Accounts payable and accrued expenses 1,835,004 1,514,631
Total liabilities 19,381,982 19,431,144
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value: 50,000,000 shares authorized, no shares issued or outstanding
Common stock, $0.01 par value: 450,000,000 shares authorized; 11,100,842 shares and 10,708,613 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 111,008 107,086
Additional paid in capital 48,960,578 46,851,360
Retained Earnings (Accumulated Deficit) (436,193) 159,651
Total stockholders' equity 48,635,393 47,118,097
Total liabilities and stockholders' equity $ 68,017,375 $ 66,549,241