XML 31 R22.htm IDEA: XBRL DOCUMENT

Deferred Income	9 Months Ended
Deferred Income	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Deferred Income	Deferred Income In previous years, we sold properties to related parties at a gain, and therefore the sales criteria for the full accrual method was not met, and as such, we deferred the gain recognition and accounted for the sales by applying the finance, deposit, installment or cost recovery methods, as appropriate. The gain on these transactions is deferred until the properties are sold to a non-related third party. On January 29, 2021, UHF sold El Dorado, a 208 unit multifamily property in McKinney, Texas; and Limestone Ranch, a 252 unit multifamily property in Lewisville, Texas; to a non-related third party. As a result of the sale, we recognized a gain of $8,730 during the nine months ended September 30, 2022 that had previously been deferred (See Note 7 – Real Estate Activity). As of September 30, 2022 and December 31, 2021, we had deferred gain of $581.