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CONSOLIDATED STATEMENTS OF OPERATIONS and COMPREHENSIVE INCOME - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Rental income $ 2,924,404 $ 2,708,784
Total revenues 3,037,952 2,820,813
Expenses    
Property operations 1,121,337 1,053,734
General and administrative 679,712 682,153
Depreciation and amortization 406,841 404,921
Business development 5,249 5,300
Total expenses 2,213,139 2,146,108
Operating income 824,813 674,705
Other income (expense)    
Dividend and interest income 41,566 23,019
Unrealized gain (loss) on marketable equity securities 362,050 (225,751)
Interest expense (235,888) (188,766)
Total other income (expense), net 167,728 (391,498)
Net income and comprehensive income $ 992,541 $ 283,207
Earnings per share    
Basic $ 0.09 $ 0.03
Diluted $ 0.09 $ 0.03
Weighted average shares outstanding    
Basic 11,034,193 10,660,921
Diluted 11,080,511 10,722,063
Other property related income    
Revenues    
Revenues $ 91,737 $ 92,531
Management fees and other income    
Revenues    
Revenues $ 21,811 $ 19,498