10-Q Filing

MACKENZIE REALTY CAPITAL, INC. CIK: 1550913 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001140361-21-005676`
Period End Date	20201231
Filing Date	20210222
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	mrc-20201231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 72 Cash Flow Statement 86

Balance Sheet 51 line items

Line Item	Tag	Value	Unit	Period
Investments, at cost	`InvestmentOwnedAtCost`	$104.69M	USD	Point-in-time
Land	`Land`	$6.46M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Building, fixtures and improvements	`BuildingsAndImprovementsGross`	$20.19M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Intangible lease assets	`OperatingLeaseRightOfUseAsset`	$5.53M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$1.98M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	13.36M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	12.84M	shares	Point-in-time
Total real estate assets, net	`RealEstateInvestmentPropertyNet`	-	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	12.84M	shares	Point-in-time
Total real estate assets, net	`RealEstateInvestmentPropertyNet`	$30.20M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.36M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.96M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.54M	USD	Point-in-time
Restricted cash	`RestrictedCash`	-	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.61M	USD	Point-in-time
Investments, at fair value	`InvestmentOwnedAtFairValue`	$76.51M	USD	Point-in-time
Investments, at fair value	`InvestmentOwnedAtFairValue`	$93.71M	USD	Point-in-time
Investment income, rent and other receivable	`InvestmentIncomeRentAndOtherReceivable`	$1.73M	USD	Point-in-time
Accounts receivable	`AccountsReceivableGross`	$1.09M	USD	Point-in-time
Other Assets	`OtherAssets`	$138.77K	USD	Point-in-time
Deferred offering costs, net	`DeferredOfferingCosts`	$278.02K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$901.49K	USD	Point-in-time
Total assets	`Assets`	$104.17M	USD	Point-in-time
Total assets	`Assets`	$123.49M	USD	Point-in-time
Mortgage note payable	`NotesPayable`	$23.97M	USD	Point-in-time
Mortgage note payable	`NotesPayable`	-	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$135.04K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.03M	USD	Point-in-time
Capital pending acceptance	`CapitalPendingAcceptance`	-	USD	Point-in-time
Capital pending acceptance	`CapitalPendingAcceptance`	$87.74K	USD	Point-in-time
Due to related entities	`DueToRelatedPartiesCurrentAndNoncurrent`	$705.60K	USD	Point-in-time
Due to related entities	`DueToRelatedPartiesCurrentAndNoncurrent`	$718.26K	USD	Point-in-time
Total liabilities	`Liabilities`	$25.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$941.04K	USD	Point-in-time
Common stock, $0.0001 par value, 80,000,000 shares authorized; 13,362,419.23 and 12,836,608.02 shares issued and outstanding as of December 31, 2020 and June 30, 2020, respectively	`CommonStockValue`	$1.28K	USD	Point-in-time
Common stock, $0.0001 par value, 80,000,000 shares authorized; 13,362,419.23 and 12,836,608.02 shares issued and outstanding as of December 31, 2020 and June 30, 2020, respectively	`CommonStockValue`	$1.34K	USD	Point-in-time
Capital in excess of par value	`TemporaryEquityValueExcludingAdditionalPaidInCapital`	$120.61M	USD	Point-in-time
Capital in excess of par value	`TemporaryEquityValueExcludingAdditionalPaidInCapital`	$116.46M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-22.90M	USD	Point-in-time
Non-controlling interests	`MembersEquityAttributableToNoncontrollingInterest`	$66.65K	USD	Point-in-time
Total distributions in excess of earnings	`AccumulatedDistributionsInExcessOfNetIncome`	$13.23M	USD	Point-in-time
Total equity	`MembersEquity`	$103.23M	USD	Point-in-time
Total equity	`MembersEquity`	$97.78M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$104.17M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$123.49M	USD	Point-in-time
Net asset value per share (in dollars per share)	`NetAssetValuePerShare`	$8.04	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Total investment income	`InvestmentIncomeInterestAndDividend`	$4.33M	USD	2 Qtrs
Total investment income	`InvestmentIncomeInterestAndDividend`	$1.88M	USD	2 Qtrs
Total investment income	`InvestmentIncomeInterestAndDividend`	$2.39M	USD	1 Quarter
Total investment income	`InvestmentIncomeInterestAndDividend`	$1.02M	USD	1 Quarter
Base management fee (note 6)	`ManagementFeeExpense`	$1.34M	USD	2 Qtrs
Base management fee (note 6)	`ManagementFeeExpense`	$677.49K	USD	1 Quarter
Base management fee (note 6)	`ManagementFeeExpense`	$630.28K	USD	1 Quarter
Base management fee (note 6)	`ManagementFeeExpense`	$1.24M	USD	2 Qtrs
Portfolio structuring fees (note 6)	`NoninterestExpenseInvestmentAdvisoryFees`	$1.83K	USD	1 Quarter
Portfolio structuring fees (note 6)	`NoninterestExpenseInvestmentAdvisoryFees`	$165.98K	USD	1 Quarter
Portfolio structuring fees (note 6)	`NoninterestExpenseInvestmentAdvisoryFees`	$361.59K	USD	2 Qtrs
Portfolio structuring fees (note 6)	`NoninterestExpenseInvestmentAdvisoryFees`	$6.68K	USD	2 Qtrs
Administrative cost reimbursements (note 6)	`AdministrativeFeesExpense`	$170.00K	USD	1 Quarter
Administrative cost reimbursements (note 6)	`AdministrativeFeesExpense`	$310.40K	USD	2 Qtrs
Administrative cost reimbursements (note 6)	`AdministrativeFeesExpense`	$340.00K	USD	2 Qtrs
Administrative cost reimbursements (note 6)	`AdministrativeFeesExpense`	$155.20K	USD	1 Quarter
Transfer agent cost reimbursements (note 6)	`NoninterestExpenseTransferAgentAndCustodianFees`	$40.00K	USD	2 Qtrs
Transfer agent cost reimbursements (note 6)	`NoninterestExpenseTransferAgentAndCustodianFees`	$61.60K	USD	2 Qtrs
Transfer agent cost reimbursements (note 6)	`NoninterestExpenseTransferAgentAndCustodianFees`	$30.80K	USD	1 Quarter
Transfer agent cost reimbursements (note 6)	`NoninterestExpenseTransferAgentAndCustodianFees`	$20.00K	USD	1 Quarter
Amortization of deferred offering costs	`AmortizationOfDeferredCharges`	$640.21K	USD	2 Qtrs
Amortization of deferred offering costs	`AmortizationOfDeferredCharges`	$342.01K	USD	2 Qtrs
Amortization of deferred offering costs	`AmortizationOfDeferredCharges`	$446.52K	USD	1 Quarter
Amortization of deferred offering costs	`AmortizationOfDeferredCharges`	$200.13K	USD	1 Quarter
Professional Fees	`ProfessionalFees`	$136.73K	USD	1 Quarter
Professional Fees	`ProfessionalFees`	$235.13K	USD	2 Qtrs
Professional Fees	`ProfessionalFees`	$30.92K	USD	1 Quarter
Professional Fees	`ProfessionalFees`	$148.52K	USD	2 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$36.00K	USD	2 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$19.50K	USD	1 Quarter
Directors' fees	`NoninterestExpenseDirectorsFees`	$18.50K	USD	1 Quarter
Directors' fees	`NoninterestExpenseDirectorsFees`	$34.00K	USD	2 Qtrs
Printing and mailing	`NoninterestExpensePrintingAndFulfillment`	$24.59K	USD	1 Quarter
Printing and mailing	`NoninterestExpensePrintingAndFulfillment`	$38.83K	USD	1 Quarter
Printing and mailing	`NoninterestExpensePrintingAndFulfillment`	$62.04K	USD	2 Qtrs
Printing and mailing	`NoninterestExpensePrintingAndFulfillment`	$70.53K	USD	2 Qtrs
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$31.66K	USD	2 Qtrs
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$19.05K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$34.16K	USD	2 Qtrs
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$16.77K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.53M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.28M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.90M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.43M	USD	2 Qtrs
Net investment income (loss)	`InvestmentIncomeNet`	$-260.35K	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeNet`	$-547.85K	USD	2 Qtrs
Net investment income (loss)	`InvestmentIncomeNet`	$1.43M	USD	2 Qtrs
Net investment income (loss)	`InvestmentIncomeNet`	$859.48K	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$1.30M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$1.41M	USD	2 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$1.02M	USD	2 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-26.00	USD	1 Quarter
Net unrealized gain (loss)	`UnrealizedGainLossOnInvestments`	$-6.96M	USD	1 Quarter
Net unrealized gain (loss)	`UnrealizedGainLossOnInvestments`	$-10.14M	USD	2 Qtrs
Net unrealized gain (loss)	`UnrealizedGainLossOnInvestments`	$-1.24M	USD	2 Qtrs
Net unrealized gain (loss)	`UnrealizedGainLossOnInvestments`	$-2.29M	USD	1 Quarter
Total net realized and unrealized gain (loss) on investments	`GainLossOnInvestments`	$-6.96M	USD	1 Quarter
Total net realized and unrealized gain (loss) on investments	`GainLossOnInvestments`	$172.01K	USD	2 Qtrs
Total net realized and unrealized gain (loss) on investments	`GainLossOnInvestments`	$-9.12M	USD	2 Qtrs
Total net realized and unrealized gain (loss) on investments	`GainLossOnInvestments`	$-993.77K	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease`	$-134.29K	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease`	$-9.67M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease`	$1.60M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease`	$-7.22M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations (in dollars per share)	`InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease`	$-0.01	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations (in dollars per share)	`InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease`	$0.14	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations (in dollars per share)	`InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease`	$-0.55	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations (in dollars per share)	`InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease`	$-0.74	USD	2 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.02M	shares	2 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	12.07M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.73M	shares	2 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.19M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$1.60M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$-9.67M	USD	2 Qtrs
Proceeds from sale of investments, net	`GainLossOnSaleOfInvestments`	$-5.20M	USD	2 Qtrs
Proceeds from sale of investments, net	`GainLossOnSaleOfInvestments`	$-6.32M	USD	2 Qtrs
Return of capital	`ReturnOfCapitalOnInvestments`	$12.81M	USD	2 Qtrs
Return of capital	`ReturnOfCapitalOnInvestments`	$11.49M	USD	2 Qtrs
Purchase of investments	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$25.99M	USD	2 Qtrs
Purchase of investments	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$12.69M	USD	2 Qtrs
Net realized gains on investments	`RealizedInvestmentGainsLosses`	$1.30M	USD	1 Quarter
Net realized gains on investments	`RealizedInvestmentGainsLosses`	$1.41M	USD	2 Qtrs
Net realized gains on investments	`RealizedInvestmentGainsLosses`	$1.02M	USD	2 Qtrs
Net realized gains on investments	`RealizedInvestmentGainsLosses`	$-26.00	USD	1 Quarter
Net unrealized loss on investments	`UnrealizedGainLossOnInvestments`	$-6.96M	USD	1 Quarter
Net unrealized loss on investments	`UnrealizedGainLossOnInvestments`	$-10.14M	USD	2 Qtrs
Net unrealized loss on investments	`UnrealizedGainLossOnInvestments`	$-1.24M	USD	2 Qtrs
Net unrealized loss on investments	`UnrealizedGainLossOnInvestments`	$-2.29M	USD	1 Quarter
Amortization of deferred offering costs	`AmortizationOfFinancingCosts`	$342.01K	USD	2 Qtrs
Amortization of deferred offering costs	`AmortizationOfFinancingCosts`	$640.21K	USD	2 Qtrs
Investment income, rent and other receivable	`IncreaseDecreaseInInvestmentIncomeRentAndOtherReceivables`	$447.40K	USD	2 Qtrs
Investment income, rent and other receivable	`IncreaseDecreaseInInvestmentIncomeRentAndOtherReceivables`	$-1.58M	USD	2 Qtrs
Due from related entities	`IncreaseDecreaseInDueFromRelatedParties`	$150.87K	USD	2 Qtrs
Due from related entities	`IncreaseDecreaseInDueFromRelatedParties`	-	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$76.97K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-65.13K	USD	2 Qtrs
Payment of deferred offering costs	`IncreaseDecreaseInDeferredOfferingCosts`	$36.58K	USD	2 Qtrs
Payment of deferred offering costs	`IncreaseDecreaseInDeferredOfferingCosts`	$497.37K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-139.30K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-48.03K	USD	2 Qtrs
Due to related entities	`IncreaseDecreaseInDueToRelatedParties`	$-40.08K	USD	2 Qtrs
Due to related entities	`IncreaseDecreaseInDueToRelatedParties`	$-1.77M	USD	2 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.69M	USD	2 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.14M	USD	2 Qtrs
Cash acquired through consolidation of subsidiary	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	2 Qtrs
Cash acquired through consolidation of subsidiary	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$1.93M	USD	2 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.93M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$11.97M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$218.44K	USD	2 Qtrs
Redemption of common stock	`RedemptionOfCommonStock`	-	USD	2 Qtrs
Redemption of common stock	`RedemptionOfCommonStock`	$1.56M	USD	2 Qtrs
Dividends to stockholders	`PaymentsOfDividends`	$2.23M	USD	2 Qtrs
Dividends to stockholders	`PaymentsOfDividends`	-	USD	2 Qtrs
Payment of selling commissions and fees	`PaymentOfSellingCommissionsAndFees`	$1.11M	USD	2 Qtrs
Payment of selling commissions and fees	`PaymentOfSellingCommissionsAndFees`	$9.11K	USD	2 Qtrs
Change in capital pending acceptance	`PaymentsForProceedsFromChangeInCapitalPendingAcceptance`	$87.74K	USD	2 Qtrs
Change in capital pending acceptance	`PaymentsForProceedsFromChangeInCapitalPendingAcceptance`	$-355.08K	USD	2 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$121.59K	USD	2 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.42M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$5.20M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.73M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.28M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.96M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.28M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.96M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$8.96M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.00M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$12.54M	USD	Point-in-time
Restricted cash at end of the period	`RestrictedCash`	-	USD	Point-in-time
Restricted cash at end of the period	`RestrictedCash`	$1.61M	USD	Point-in-time
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$813.10K	USD	1 Quarter
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$1.63M	USD	2 Qtrs
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	-	USD	1 Quarter
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	-	USD	2 Qtrs
Issuance of the Company's common stocks to redeem subsidiary's non-controlling interests	`StockIssuedDuringPeriodValueToRedeemSubsidiarySNonControllingInterest`	$3.96M	USD	2 Qtrs
Issuance of the Company's common stocks to redeem subsidiary's non-controlling interests	`StockIssuedDuringPeriodValueToRedeemSubsidiarySNonControllingInterest`	$3.96M	USD	1 Quarter
Issuance of the Company's common stocks to redeem subsidiary's non-controlling interests	`StockIssuedDuringPeriodValueToRedeemSubsidiarySNonControllingInterest`	-	USD	1 Quarter
Issuance of the Company's common stocks to redeem subsidiary's non-controlling interests	`StockIssuedDuringPeriodValueToRedeemSubsidiarySNonControllingInterest`	-	USD	2 Qtrs
Real estate assets	`RealEstateInvestmentPropertyNet`	-	USD	Point-in-time
Real estate assets	`RealEstateInvestmentPropertyNet`	$30.20M	USD	Point-in-time
Cash and restricted cash	`RestrictedCashAndCashEquivalents`	$1.93M	USD	Point-in-time
Cash and restricted cash	`RestrictedCashAndCashEquivalents`	-	USD	Point-in-time
Rents and other receivable	`RentsAndOtherReceivable`	$197.76K	USD	Point-in-time
Rents and other receivable	`RentsAndOtherReceivable`	-	USD	Point-in-time
Other assets	`OtherRestrictedAssets`	$837.13K	USD	Point-in-time
Other assets	`OtherRestrictedAssets`	-	USD	Point-in-time
Mortgage note payable	`NotesPayable`	$23.97M	USD	Point-in-time
Mortgage note payable	`NotesPayable`	-	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$943.80K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	-	USD	Point-in-time
Due to affiliates	`DueFromAffiliates`	-	USD	Point-in-time
Due to affiliates	`DueFromAffiliates`	$150.87K	USD	Point-in-time
Net assets	`MembersCapital`	$8.09M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.