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CONSOLIDATED STATEMENTS OF OPERATIONS and COMPREHENSIVE INCOME - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Rental income $ 2,913,461 $ 2,924,404
Total revenues 3,034,040 3,037,952
Expenses    
Property operations 1,231,116 1,121,337
General and administrative 802,730 679,712
Depreciation and amortization 406,925 406,841
Business development 2,275 5,249
Total expenses 2,443,046 2,213,139
Operating income 590,994 824,813
Other income (expense)    
Dividend and interest income 54,877 41,566
Unrealized (loss) gain on marketable equity securities (174,878) 362,050
Interest expense (204,843) (235,888)
Total other income (expense), net (324,844) 167,728
Net income and comprehensive income $ 266,150 $ 992,541
Earnings per share    
Basic $ 0.02 $ 0.09
Diluted $ 0.02 $ 0.09
Weighted average shares outstanding    
Basic 11,073,439 11,034,193
Diluted 11,110,963 11,080,511
Other property related income    
Revenues    
Revenues $ 103,850 $ 91,737
Management fees and other income    
Revenues    
Revenues $ 16,729 $ 21,811