XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Operations Unaudited - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Rental $ 278,475 $ 260,971 $ 552,773 $ 517,175
Total Revenue 278,475 260,971 552,773 517,175
Costs and Expenses:        
General and administrative 111,374 55,144 280,789 115,362
Rental property:        
Operating expenses 124,271 126,444 298,424 288,133
Interest expense and amortization of mortgage costs 26,978 27,615 53,655 55,127
Real estate taxes 9,738 10,844 19,477 21,688
Depreciation on real estate 12,108 13,343 26,548 27,196
Total Costs and Expenses 284,469 233,390 678,893 507,506
Other Income:        
Investment income 3   6  
Net (loss) income $ (5,991) $ 27,581 $ (126,114) $ 9,669
Net (loss) income per Common Share -basic (in Dollars per share) $ 0 $ 0.01 $ (0.02) $ 0
Net (loss) income per Common Share -diluted (in Dollars per share) $ 0 $ 0.01 $ (0.02) $ 0
Weighted Average Number of Shares Outstanding        
basic (in Shares) 5,188,680 5,188,680 5,188,680 5,188,680
diluted (in Shares) 5,188,680 5,188,680 5,188,680 5,188,680