XML 75 R64.htm IDEA: XBRL DOCUMENT v3.22.2
Related Party Transactions - Medalist Fund Manager Inc (Details) - Medalist Fund Manager, Inc. - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Mar. 16, 2021
Asset management fees            
Amounts payable to Manager            
Asset management fee percentage     0.125%      
Asset management fees incurred $ 222,255 $ 211,253 $ 432,403 $ 386,293    
Acquisition fees            
Amounts payable to Manager            
Percentage Of Acquisition Fee     2.00%      
Threshold stock price up to which one half of acquisition fees wil defer           $ 5.00
Acquisition fees | Lancer Center Property            
Amounts payable to Manager            
Threshold stock price up to which one half of acquisition fees wil defer   $ 5.00   $ 5.00    
Acquisition and closing costs   $ 206,052   $ 206,052    
Cash payment of acquisition fee   103,026   103,026    
Acquisition fee accrued   103,026   103,026    
Acquisition fees | Salisbury Marketplace Property            
Amounts payable to Manager            
Threshold stock price up to which one half of acquisition fees wil defer $ 5.00   $ 5.00      
Acquisition and closing costs $ 201,524   $ 201,524      
Cash payment of acquisition fee 100,762   100,762      
Acquisition fee accrued 100,762   100,762      
Acquisition fees | Properties acquired in 2021 | Accounts Payable and Accrued Liabilities            
Amounts payable to Manager            
Acquisition fee accrued 352,717   352,717   $ 251,955  
Incentive fees            
Amounts payable to Manager            
Incentive fee expenses $ 0 $ 0 $ 0 $ 0