XML 47 R36.htm IDEA: XBRL DOCUMENT v3.21.2
Notes Payable (Details) - USD ($)
1 Months Ended 6 Months Ended
Oct. 05, 2020
Jan. 31, 2021
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Debt Instruments [Abstract]          
Notes payable     $ 4,048,531   $ 29,653,282
Notes payable, net of discount     4,048,531   29,637,838
Repayments of notes payable     24,378,019 $ 7,610,584  
H&H Constructors of Fayetteville, LLC ("H&H'') [Member]          
Debt Instruments [Abstract]          
Maturity date May 01, 2021        
Notes payable $ 20,000,000        
Repayments of notes payable   $ 20,000,000      
Notes Payable [Member]          
Debt Instruments [Abstract]          
Notes payable     4,048,531   29,653,282
Less: Debt issuance costs from notes payable     $ 0   $ (15,444)
May 1, 2021 [Member] | Notes Payable [Member]          
Debt Instruments [Abstract]          
Maturity date     May 01, 2021    
Payment Terms     Interest is payable monthly at 14.00%    
Effective rate     0.00%   14.00%
Notes payable     $ 0   $ 20,000,000
February 28, 2022 [Member] | Notes Payable [Member]          
Debt Instruments [Abstract]          
Maturity date [1]     Feb. 28, 2022    
Payment Terms     Non-interest bearing    
Effective rate [1]     0.00%   0.00%
Notes payable [1]     $ 1,056,000   $ 832,000
April 1, 2022 Notes [Member] | Notes Payable [Member]          
Debt Instruments [Abstract]          
Maturity date [1]     Apr. 01, 2022    
Payment Terms     Interest is payable monthly at 12.50%    
Effective rate [1]     12.50%   12.50%
Notes payable [1]     $ 717,642   $ 1,735,161
July 31, 2022 Notes [Member] | Notes Payable [Member]          
Debt Instruments [Abstract]          
Maturity date [1]     Jul. 31, 2022    
Payment Terms     Interest is payable monthly at 9.25%    
Effective rate [1]     9.25%   9.25%
Notes payable [1]     $ 2,274,889   $ 3,984,174
March 25, 2023 Notes [Member] | Notes Payable [Member]          
Debt Instruments [Abstract]          
Maturity date [1]     Mar. 25, 2023    
Payment Terms     Interest is payable monthly at 5.00%    
Effective rate [1]     0.00%   5.00%
Notes payable [1]     $ 0   $ 3,101,947
[1] These notes payable relate to our consolidated joint ventures and are non-recourse to the Company.