XML 34 R22.htm IDEA: XBRL DOCUMENT v3.21.2
INVESTMENT PROPERTIES AND PROPERTIES HELD FOR SALE (Details Narrative)
1 Months Ended 9 Months Ended
Sep. 27, 2021
USD ($)
Jul. 21, 2020
USD ($)
Apr. 23, 2020
USD ($)
Jun. 30, 2020
USD ($)
Sep. 30, 2021
USD ($)
Restaurant
Number
Property leased to fully constructed fast-food restaurants | Restaurant         10
Location of properties | Number         3
Property held for sale $ 890,000        
Brakes Four Less Property [Member]          
Gain on property held for sale         $ 478,098
Wensouth Corporation [Member] | 361 Highway 17 Bypass Mt Pleasant South Carolina [Member]          
Lease extension description         The following are operated by tenants at the aforementioned Properties: eight separate Wendy’s restaurants, an Applebee’s restaurant and a Brakes 4 Less store. The 10 Properties are located in a total of three states.
Rent payments   $ 146,520      
Annual sale over percentage   7.00%      
Annual breakpoint lease amount   $ 1,831,500      
Wensouth Corporation [Member] | 1901 Whiskey Road Aiken South Carolina [Member]          
Rent payments     $ 210,632    
Annual sale over percentage     7.00%    
Annual breakpoint lease amount     $ 2,632,900    
Lease extension description         (January 1, 2021 to December 31, 2040)
Wensouth Corporation [Member] | 1004 Richland Ave Aiken South Carolina [Member]          
Rent payments     $ 167,500    
Annual sale over percentage     7.00%    
Annual breakpoint lease amount     $ 2,093,750    
Lease extension description         (January 1, 2021 to December 31, 2040)
Wensouth Corporation [Member] | 3013 Peach Orchard Road Augusta Georgia [Member]          
Rent payments     $ 188,000    
Annual sale over percentage     7.00%    
Annual breakpoint lease amount     $ 2,350,000    
Lease extension description         (January 1, 2021 to December 31, 2040)
Wensouth Corporation [Member] | 343 Folly Road Charleston South Carolina [Member]          
Rent payments   $ 136,000      
Annual sale over percentage   7.00%      
Annual breakpoint lease amount   $ 1,700,000      
Lease extension description         (January 1, 2021 to December 31, 2040)
RMH Franchise Corporation [Member]          
Rent payments       $ 5,750  
Lease gross sale, percentage.         six percent