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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues    
Rental income $ 11,719,165 $ 11,485,511
Total revenues 12,190,715 11,944,850
Expenses    
Property operations 4,549,038 4,169,182
General and administrative 2,876,300 2,580,899
Depreciation and amortization 1,634,044 1,619,239
Business development 20,080 48,340
Total expenses 9,079,462 8,417,660
Operating income 3,111,253 3,527,190
Other income (expense)    
Dividend and interest income 265,046 120,575
Unrealized gain (loss) on marketable equity securities 408,876 (1,117,029)
Interest expense (846,406) (780,223)
Gain on Paycheck Protection Program (PPP) loan forgiveness   307,210
Total other expense, net (172,484) (1,469,467)
Net income and comprehensive income $ 2,938,769 $ 2,057,723
Earnings per share    
Basic $ 0.26 $ 0.19
Diluted $ 0.26 $ 0.19
Weighted average shares outstanding    
Basic 11,045,699 10,845,884
Diluted 11,087,217 10,900,041
Other property related income    
Revenues    
Revenues $ 392,577 $ 375,571
Management fees and other income    
Revenues    
Revenues $ 78,973 $ 83,768