Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Operating Leases

Balance sheet information related to our leases is presented below:

	December 31,		December 31,
	2023		2022
Operating leases:
Right-of-use assets	$	7,387,693	$	7,562,048
Lease liability		3,440,630		3,413,210

Schedule of Other Information Related to Leases

Other information related to leases is presented below:

	Year Ended December 31, 2023			Year Ended December 31, 2022
Operating lease cost	$	521,939		$	470,171
Other information:
Operating cash flows from operating leases		240,234			318,298
Weighted-average remaining lease term – operating leases (in years)		90.9			91.5
Weighted-average discount rate – operating leases		10.0	%		10.0	%

Schedule of Annual Minimum Lease Payments of our Operating Lease Liabilities

As of December 31, 2023, the annual minimum lease payments of our operating lease liabilities were as follows:

For The Years Ending December 31,
2024	$	317,994
2025		315,104
2026		311,900
2027		311,900
2028		340,400
Thereafter		40,784,600
Total future minimum lease payments, undiscounted		42,381,898
Less: imputed interest		(38,941,268	)
Present value of future minimum lease payments	$	3,440,630

Schedule of Property and Equipment

Property and equipment currently under lease consists of the following:

	December 31, 2023			December 31, 2022
Land	$	5,067,746		$	5,141,008
Land improvements		189,270			185,995
Building and improvements		71,160,127			52,420,168
Equipment		2,802,324			672,733
Property and equipment, gross		79,219,467			58,419,904
Less: accumulated depreciation		(5,056,214	)		(1,983,382	)
Property and equipment, net	$	74,163,253		$	56,436,522

Schedule of Future Minimum Lease Revenue

The future minimum lease revenue under these leases, excluding leases of the Company’s subsidiaries, are as follows:

2024	$	921,552
2025		887,570
2026		892,159
2027		872,356
2028		698,568
Thereafter		2,662,249
Total	$	6,934,454