XML 28 R18.htm IDEA: XBRL DOCUMENT v3.24.1
Real Estate Investments (Tables)
 12 Months Ended
Dec. 31, 2023
Real Estate [Abstract]  
Property, Plant and Equipment [Table Text Block] properties not held for sale
Property
Land
Buildings
Total
Accumulated
Depreciation
 
 
 
 
 
 
 
 
 
Jared Jewelry, Auburn Hills, MI
$
280,993
$
1,185,055
$
1,466,048
$
898,649
Best Buy, Eau Claire, WI
 
2,068,739
 
4,988,357
 
7,057,096
 
1,915,949
Dollar Tree, Cincinnati, OH
 
355,000
 
1,250,270
 
1,605,270
 
395,926
Advance Auto, Chelsea, AL
 
420,654
 
1,226,345
 
1,646,999
 
128,767
Memorial Hospital, Diamondhead, MS
 
322,410
 
1,175,588
 
1,497,998
 
82,292
 
$
3,447,796
$
9,825,615
$
13,273,411
$
3,421,583
 
 
 
 
 
 
 
 
 
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block] acquired lease intangibles not held for sale
                 
   
2023
 
2022
   
Cost
 
Accumulated Amortization
 
Cost
 
Accumulated Amortization
Acquired Intangible Lease Assets
   (in-place lease intangibles with a weighted average
         life of 49 and 61 months, respectively)
$
864,490
$
387,375
$
864,490
$
268,098
 
 
 
 
 
 
 
 
 
Acquired Below-Market Lease Intangibles
   (weighted average life of 25 and 37 months, respectively)
$
80,404
$
63,513
$
80,404
$
55,405
 
 
 
 
 
 
 
 
 
Schedule of Minimum Future Rent minimum future rent
2024
$
991,773
2025
 
993,878
2026
 
874,806
2027
 
810,512
2028
 
243,590
Thereafter
 
408,060
 
$
4,322,619