XML 26 R13.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS DETAILS
 12 Months Ended
Dec. 31, 2021
Payables and Accruals [Abstract]  
CONSOLIDATED BALANCE SHEETS DETAILS CONSOLIDATED BALANCE SHEETS DETAILS
Tenant Receivables
As of December 31, 2021 and 2020, tenant receivables consisted of the following:
December 31,
20212020
Straight-line rent$4,417,065 $4,344,388 
Tenant rent81,079 204,775 
Tenant reimbursements1,498,775 2,116,627 
Total
$5,996,919 $6,665,790 
Prepaid Expenses and Other Assets
As of December 31, 2021 and 2020, prepaid expenses and other assets were comprised of the following:
December 31,
20212020
Deferred tenant allowance$2,400,811 $517,711 
Miscellaneous receivables681,369 19,954 
Prepaid expenses1,776,595 1,276,700 
Deposits1,420,244 357,352 
Deferred financing costs on line of credit100,080 21,724 
Total
$6,379,099 $2,193,441 
Accounts Payable, Accrued and Other Liabilities
As of December 31, 2021 and 2020, accounts payable, accrued and other liabilities were comprised of the following:
December 31,
20212020
Accounts payable$1,767,657 $1,136,954 
Accrued expenses3,864,222 3,068,714 
Accrued common and preferred dividends1,795,303 706,106 
Accrued interest payable548,564 629,628 
Unearned rent1,735,440 2,033,065 
Lease incentive obligation2,133,695 5,157 
Total
$11,844,881 $7,579,624