XML 49 R39.htm IDEA: XBRL DOCUMENT v3.22.2.2
Investments in Real Estate - Schedule of Acquired Properties (Details) - USD ($)
Sep. 30, 2022
Sep. 30, 2021
Fresenius-Chicago, I L    
Business Acquisition [Line Items]    
Land $ 1,690,837  
Building and site improvements 1,217,395  
Tenant improvements 55,041  
Acquired lease intangible assets 276,013  
Total real estate investments 3,239,286  
Right of use asset 0  
Less Acquired lease intangible liabilities (19,864)  
Less Right of use lease liability 0  
Total real estate investments, net 3,219,422  
Starbucks-Tampa, F L    
Business Acquisition [Line Items]    
Land 1,443,262  
Building and site improvements 700,859  
Tenant improvements 20,504  
Acquired lease intangible assets 112,830  
Total real estate investments 2,277,455  
Right of use asset 0  
Less Acquired lease intangible liabilities (13,497)  
Less Right of use lease liability 0  
Total real estate investments, net 2,263,958  
Kohl's-Tucson, A Z    
Business Acquisition [Line Items]    
Land 0  
Building and site improvements 6,175,908  
Tenant improvements 349,136  
Acquired lease intangible assets 981,203  
Total real estate investments 7,506,247  
Right of use asset 6,304,334  
Less Acquired lease intangible liabilities (131,999)  
Less Right of use lease liability (6,304,334)  
Total real estate investments, net 7,374,248  
Property of Fresenius-Chicago, IL, Starbucks-Tampa, FL and Kohl's-Tucson, AZ    
Business Acquisition [Line Items]    
Land 3,134,099  
Building and site improvements 8,094,162  
Tenant improvements 424,681  
Acquired lease intangible assets 1,370,046  
Total real estate investments 13,022,988  
Right of use asset 6,304,334  
Less Acquired lease intangible liabilities (165,360)  
Less Right of use lease liability (6,304,334)  
Total real estate investments, net $ 12,857,628  
GSA - Manteo, NC    
Business Acquisition [Line Items]    
Land   $ 341,949
Building and site improvements   1,807,066
Acquired lease intangible assets   100,379
Total real estate investments   2,249,394
Less Acquired lease intangible liabilities   (511,620)
Total real estate investments, net   1,737,774
Irby Construction - Plant City , Florida    
Business Acquisition [Line Items]    
Land   1,212,213
Building and site improvements   423,611
Acquired lease intangible assets   121,509
Total real estate investments   1,757,333
Less Acquired lease intangible liabilities   0
Total real estate investments, net   1,757,333
Property of GSA-Manteo, NC and Irby Construction-Plant City, FL    
Business Acquisition [Line Items]    
Land   1,554,162
Building and site improvements   2,230,677
Acquired lease intangible assets   221,888
Total real estate investments   4,006,727
Less Acquired lease intangible liabilities   (511,620)
Total real estate investments, net   $ 3,495,107