Note Payable and Revolving Line of Credit (Tables)

12 Months Ended

Dec. 31, 2022

Notes Payable [Abstract]

Carrying Value of Note Payable

As of December 31, 2022 and 2021 the carrying value of the Company’s note payable is summarized as follows:

Note Payable	December 31, 2022			December 31, 2021
Principal balance outstanding	$	17,801,456		$	18,335,407
Less: Loan procurement costs, net		(380,602	)		(418,894	)
Total note payable, net	$	17,420,854		$	17,916,513

Future Principal Payment Requirements

The following table represents the future principal payment requirements on the note payable as of December 31, 2022:

2023	$	558,714
2024		582,591
2025		607,488
2026		633,449
2027		660,519
2028 and thereafter		14,758,695
Total principal payments	$	17,801,456