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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Assets    
Real estate assets, net $ 56,884,160 $ 58,390,066
Cash and cash equivalents 6,363,610 2,899,701
Restricted cash 151,397 163,998
Investments in securities 2,366,153 3,483,182
Accounts receivable 168,299 120,641
Prepaid expenses and other assets 479,458 534,120
Line of credit issuance costs, net 152,402 254,004
Interest rate cap 123,152 9,408
Goodwill 694,121 694,121
Total assets 67,382,752 66,549,241
Liabilities and stockholders' equity    
Note payable, net 17,420,854 17,916,513
Accounts payable and accrued expenses 1,622,784 1,514,631
Total liabilities 19,043,638 19,431,144
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value: 50,000,000 shares authorized, no shares outstanding
Common stock, $0.01 par value: 450,000,000 shares authorized; 11,109,077 shares and 10,708,613 shares issued and outstanding at December 31, 2022 and 2021, respectively 111,091 107,086
Additional paid in capital 49,029,712 46,851,360
Retained earnings (accumulated deficit) (801,689) 159,651
Total stockholders' equity 48,339,114 47,118,097
Total liabilities and stockholders' equity $ 67,382,752 $ 66,549,241