XML 32 R21.htm IDEA: XBRL DOCUMENT v3.23.1
Investment in Unconsolidated Affiliated Real Estate Entity (Details) - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Schedule of Equity Method Investments [Line Items]    
Operating income $ (227,152) $ (334,431)
Net loss (2,229,936) (1,280,482)
Company's share of net loss (33.3%) (2,608,058) (1,281,192)
Total assets 138,272,543 96,189,241
Mortgage payable, net 63,631,383 14,843,736
Members' capital 42,682,408 45,590,909
Total liabilities and members' capital 138,272,543 96,189,241
Forty East End Ave Pref Llc [Member]    
Schedule of Equity Method Investments [Line Items]    
Revenues 33,556,000 58,529,000
Cost of goods sold 31,224,000 52,138,000
Other expenses 1,575,000 2,509,000
Impairment of real estate inventory 112,000 1,553,000
Operating income 645,000 2,329,000
Interest expense and other, net (1,600,000) (3,430,000)
Net loss (955,000) (1,101,000)
Company's share of net loss (33.3%) (318,000) (367,000)
Real estate inventory 44,663,000 74,481,000
Cash and restricted cash 213,000 767,000
Other assets 406,000 436,000
Total assets 45,282,000 75,684,000
Mortgage payable, net 36,391,000
Other liabilities 316,000 972,000
Members' capital 44,966,000 38,321,000
Total liabilities and members' capital $ 45,282,000 $ 75,684,000