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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Assets    
Real estate assets, net $ 59,768,533 $ 59,752,153
Cash and cash equivalents 1,614,771 3,990,160
Restricted cash 340,672 263,405
Investments in securities 1,916,451 1,761,312
Accounts receivable 106,521 164,078
Prepaid expenses and other assets 351,764 325,450
Line of credit issuance costs, net 152,542 311,869
Intangible assets, net   398,795
Goodwill 694,121 694,121
Total assets 64,945,375 67,661,343
Liabilities and equity    
Note payable, net 18,389,176 18,839,787
Line of credit borrowing 5,144,000 4,914,000
Accounts payable and accrued expenses 1,373,308 1,841,640
Total liabilities 24,906,484 25,595,427
Commitments and contingencies
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, 9,343,118 and 9,330,297 issued and outstanding at December 31, 2020 and 2019, respectively 93,431 93,303
Additional paid in capital 40,455,409 40,329,502
(Accumulated deficit) Retained earnings (509,949) 1,643,111
Total equity 40,038,891 42,065,916
Total liabilities and equity $ 64,945,375 $ 67,661,343