10-Q Filing

MACKENZIE REALTY CAPITAL, INC. CIK: 1550913 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0001140361-24-007491`
Period End Date	20231231
Filing Date	20240213
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	ef20015364_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 92 Cash Flow Statement 111 Stockholders Equity 45

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Land	`Land`	$37.16M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Land	`Land`	$40.02M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Building, fixtures and improvements	`BuildingsAndImprovementsGross`	$132.48M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	13.24M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	13.24M	shares	Point-in-time
Building, fixtures and improvements	`BuildingsAndImprovementsGross`	$135.13M	USD	Point-in-time
Intangible lease assets	`OperatingLeaseRightOfUseAsset`	$8.18M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.24M	shares	Point-in-time
Intangible lease assets	`OperatingLeaseRightOfUseAsset`	$8.44M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.24M	shares	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$10.29M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$7.11M	USD	Point-in-time
Total real estate assets, net	`RealEstateInvestmentPropertyNet`	$173.31M	USD	Point-in-time
Total real estate assets, net	`RealEstateInvestmentPropertyNet`	$170.72M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.11M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$898.24K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$864.53K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$587.58K	USD	Point-in-time
Investments, at fair value	`InvestmentOwnedSecurityAtFairValue`	$13.43M	USD	Point-in-time
Investments, at fair value	`InvestmentOwnedSecurityAtFairValue`	$8.75M	USD	Point-in-time
Unconsolidated investment (non-security), at fair value	`UnconsolidatedInvestmentNonSecurityAtFairValue`	$8.72M	USD	Point-in-time
Unconsolidated investment (non-security), at fair value	`UnconsolidatedInvestmentNonSecurityAtFairValue`	$7.80M	USD	Point-in-time
Investments income, rents and other receivables	`InvestmentIncomeRentAndOtherReceivable`	$1.10M	USD	Point-in-time
Investments income, rents and other receivables	`InvestmentIncomeRentAndOtherReceivable`	$1.21M	USD	Point-in-time
Investment acquisition advance	`InvestmentAcquisitionAdvance`	$100.00K	USD	Point-in-time
Investment acquisition advance	`InvestmentAcquisitionAdvance`	-	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$846.42K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$829.30K	USD	Point-in-time
Total assets	`Assets`	$204.82M	USD	Point-in-time
Total assets	`Assets`	$213.16M	USD	Point-in-time
Mortgage notes payable, net	`SecuredDebt`	$91.25M	USD	Point-in-time
Mortgage notes payable, net	`SecuredDebt`	$93.36M	USD	Point-in-time
Notes payable	`NotesPayable`	$1.30M	USD	Point-in-time
Notes payable	`NotesPayable`	$1.65M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditAndOtherLiabilities`	$1.16M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditAndOtherLiabilities`	$1.26M	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiability`	$596.95K	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiability`	$628.42K	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$2.02M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$2.12M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.09M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.39M	USD	Point-in-time
Stock redemption payable	`StockRedemptionPayable`	$475.99K	USD	Point-in-time
Stock redemption payable	`StockRedemptionPayable`	$445.00K	USD	Point-in-time
Below-market lease liabilities, net	`BelowMarketLeaseNet`	$1.16M	USD	Point-in-time
Below-market lease liabilities, net	`BelowMarketLeaseNet`	$1.41M	USD	Point-in-time
Due to related entities	`OtherLiabilities`	$156.36K	USD	Point-in-time
Due to related entities	`OtherLiabilities`	$95.21K	USD	Point-in-time
Contingent liability	`BusinessCombinationContingentConsiderationLiability`	$1.50M	USD	Point-in-time
Contingent liability	`BusinessCombinationContingentConsiderationLiability`	$718.00K	USD	Point-in-time
Contingent liability	`BusinessCombinationContingentConsiderationLiability`	$2.71M	USD	Point-in-time
Capital pending acceptance	`CapitalPendingAcceptance`	$75.00K	USD	Point-in-time
Capital pending acceptance	`CapitalPendingAcceptance`	$538.60K	USD	Point-in-time
Total liabilities	`Liabilities`	$102.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$102.15M	USD	Point-in-time
Common stock, $0.0001 par value, 80,000,000 shares authorized; 13,239,849.36 and 13,243,279.96 shares issued and outstanding as of December 31, 2023 and June 30, 2023, respectively.	`CommonStockValue`	$1.32K	USD	Point-in-time
Common stock, $0.0001 par value, 80,000,000 shares authorized; 13,239,849.36 and 13,243,279.96 shares issued and outstanding as of December 31, 2023 and June 30, 2023, respectively.	`CommonStockValue`	$1.32K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$135.16M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$133.76M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-44.70M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-34.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$90.47M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$98.91M	USD	Point-in-time
Non-controlling interests	`MembersEquityAttributableToNoncontrollingInterest`	$12.10M	USD	Point-in-time
Non-controlling interests	`MembersEquityAttributableToNoncontrollingInterest`	$12.11M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$111.01M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$102.57M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$108.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$104.22M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$105.94M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$111.15M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$204.82M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$213.16M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Rental and reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.14M	USD	2 Qtrs
Rental and reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.74M	USD	2 Qtrs
Rental and reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.58M	USD	1 Quarter
Rental and reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.67M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.12M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.08M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.16M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.56M	USD	1 Quarter
Property operating and maintenance	`PropertyRepairsAndMaintenanceExpense`	$4.12M	USD	2 Qtrs
Property operating and maintenance	`PropertyRepairsAndMaintenanceExpense`	$2.29M	USD	1 Quarter
Property operating and maintenance	`PropertyRepairsAndMaintenanceExpense`	$1.51M	USD	1 Quarter
Property operating and maintenance	`PropertyRepairsAndMaintenanceExpense`	$2.90M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.77M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.68M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.45M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.26M	USD	2 Qtrs
Asset management fees to related party (Note 8)	`AssetsManagementFeeExpense`	$1.46M	USD	2 Qtrs
Asset management fees to related party (Note 8)	`AssetsManagementFeeExpense`	$1.58M	USD	2 Qtrs
Asset management fees to related party (Note 8)	`AssetsManagementFeeExpense`	$741.52K	USD	1 Quarter
Asset management fees to related party (Note 8)	`AssetsManagementFeeExpense`	$790.56K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$518.75K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$180.62K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$311.47K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$280.84K	USD	2 Qtrs
Administrative cost reimbursements to related party (Note 8)	`AdministrativeFeesExpense`	$363.00K	USD	2 Qtrs
Administrative cost reimbursements to related party (Note 8)	`AdministrativeFeesExpense`	$378.37K	USD	2 Qtrs
Administrative cost reimbursements to related party (Note 8)	`AdministrativeFeesExpense`	$181.50K	USD	1 Quarter
Administrative cost reimbursements to related party (Note 8)	`AdministrativeFeesExpense`	$189.18K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$377.55K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$401.15K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$169.75K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$81.78K	USD	1 Quarter
Directors' fees	`NoninterestExpenseDirectorsFees`	$54.00K	USD	2 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$55.00K	USD	2 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$29.50K	USD	1 Quarter
Directors' fees	`NoninterestExpenseDirectorsFees`	$28.50K	USD	1 Quarter
Transfer agent cost reimbursements to related party (Note 8)	`NoninterestExpenseTransferAgentAndCustodianFees`	$23.00K	USD	1 Quarter
Transfer agent cost reimbursements to related party (Note 8)	`NoninterestExpenseTransferAgentAndCustodianFees`	$16.57K	USD	1 Quarter
Transfer agent cost reimbursements to related party (Note 8)	`NoninterestExpenseTransferAgentAndCustodianFees`	$46.00K	USD	2 Qtrs
Transfer agent cost reimbursements to related party (Note 8)	`NoninterestExpenseTransferAgentAndCustodianFees`	$33.13K	USD	2 Qtrs
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$1.91M	USD	1 Quarter
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	1 Quarter
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$1.91M	USD	2 Qtrs
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$8.36M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$13.95M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$5.94M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$11.75M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-2.36M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-7.21M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-4.61M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-4.69M	USD	1 Quarter
Dividend and distribution income from equity securities at fair value	`DividendIncomeEquitySecuritiesOperating`	$383.27K	USD	2 Qtrs
Dividend and distribution income from equity securities at fair value	`DividendIncomeEquitySecuritiesOperating`	$78.92K	USD	1 Quarter
Dividend and distribution income from equity securities at fair value	`DividendIncomeEquitySecuritiesOperating`	$162.58K	USD	1 Quarter
Dividend and distribution income from equity securities at fair value	`DividendIncomeEquitySecuritiesOperating`	$205.32K	USD	2 Qtrs
Net unrealized gain (loss) on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-1.07M	USD	2 Qtrs
Net unrealized gain (loss) on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-526.48K	USD	1 Quarter
Net unrealized gain (loss) on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-466.31K	USD	2 Qtrs
Net unrealized gain (loss) on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$263.48K	USD	1 Quarter
Net income (loss) from equity method investments at fair value	`IncomeLossFromEquityMethodInvestments`	$-74.24K	USD	1 Quarter
Net income (loss) from equity method investments at fair value	`IncomeLossFromEquityMethodInvestments`	$3.63M	USD	2 Qtrs
Net income (loss) from equity method investments at fair value	`IncomeLossFromEquityMethodInvestments`	$221.54K	USD	2 Qtrs
Net income (loss) from equity method investments at fair value	`IncomeLossFromEquityMethodInvestments`	$1.66M	USD	1 Quarter
Net realized gain (loss) from investments	`RealizedInvestmentGainsLosses`	$830.96K	USD	2 Qtrs
Net realized gain (loss) from investments	`RealizedInvestmentGainsLosses`	$-1.29M	USD	1 Quarter
Net realized gain (loss) from investments	`RealizedInvestmentGainsLosses`	$-1.29M	USD	2 Qtrs
Net realized gain (loss) from investments	`RealizedInvestmentGainsLosses`	$313.52K	USD	1 Quarter
Net loss	`ProfitLoss`	$-5.76M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-4.90M	USD	1 Quarter
Net loss	`ProfitLoss`	$-3.61M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.55M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$106.27K	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$226.61K	USD	2 Qtrs
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$47.09K	USD	2 Qtrs
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$14.86K	USD	1 Quarter
Net income attributable to preferred stockholders Series A and B	`PreferredStockDividendsIncomeStatementImpact`	$243.79K	USD	2 Qtrs
Net income attributable to preferred stockholders Series A and B	`PreferredStockDividendsIncomeStatementImpact`	$278.82K	USD	1 Quarter
Net income attributable to preferred stockholders Series A and B	`PreferredStockDividendsIncomeStatementImpact`	$155.91K	USD	1 Quarter
Net income attributable to preferred stockholders Series A and B	`PreferredStockDividendsIncomeStatementImpact`	$547.21K	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.90M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.94M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.54M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.07M	USD	1 Quarter
Net loss per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-0.38	USD	1 Quarter
Net loss per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-0.49	USD	2 Qtrs
Net loss per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-0.15	USD	1 Quarter
Net loss per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-0.29	USD	2 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.28M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.29M	shares	2 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.24M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.28M	shares	2 Qtrs

Cash Flow Statement 111 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-5.76M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-4.90M	USD	1 Quarter
Net loss	`ProfitLoss`	$-3.61M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.55M	USD	1 Quarter
Net unrealized loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-1.07M	USD	2 Qtrs
Net unrealized loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-526.48K	USD	1 Quarter
Net unrealized loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-466.31K	USD	2 Qtrs
Net unrealized loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$263.48K	USD	1 Quarter
Net income from equity method investments at fair value	`IncomeFromEquityMethodInvestmentsAtFairValue`	$-3.08M	USD	2 Qtrs
Net income from equity method investments at fair value	`IncomeFromEquityMethodInvestmentsAtFairValue`	$-21.02K	USD	2 Qtrs
Net realized (gain) loss on investments	`RealizedInvestmentGainsLosses`	$830.96K	USD	2 Qtrs
Net realized (gain) loss on investments	`RealizedInvestmentGainsLosses`	$-1.29M	USD	1 Quarter
Net realized (gain) loss on investments	`RealizedInvestmentGainsLosses`	$-1.29M	USD	2 Qtrs
Net realized (gain) loss on investments	`RealizedInvestmentGainsLosses`	$313.52K	USD	1 Quarter
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	$-2.90K	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	-	USD	2 Qtrs
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$1.91M	USD	1 Quarter
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	1 Quarter
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$1.91M	USD	2 Qtrs
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	2 Qtrs
Straight-line rent	`StraightLineRent`	$30.53K	USD	2 Qtrs
Straight-line rent	`StraightLineRent`	$24.30K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.12M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.08M	USD	2 Qtrs
Amortization of deferred financing costs and debt mark-to-market	`AmortizationOfFinancingCosts`	$633.44K	USD	2 Qtrs
Amortization of deferred financing costs and debt mark-to-market	`AmortizationOfFinancingCosts`	$322.88K	USD	2 Qtrs
Accretion of above (below) market lease, net	`AccretionOfAboveBelowMarketLeaseNet`	$-190.87K	USD	2 Qtrs
Accretion of above (below) market lease, net	`AccretionOfAboveBelowMarketLeaseNet`	$-28.69K	USD	2 Qtrs
Investments income, rents and other receivables	`IncreaseDecreaseInInvestmentIncomeRentAndOtherReceivables`	$-132.78K	USD	2 Qtrs
Investments income, rents and other receivables	`IncreaseDecreaseInInvestmentIncomeRentAndOtherReceivables`	$-736.94K	USD	2 Qtrs
Due from related entities	`IncreaseDecreaseInDueFromRelatedParties`	-	USD	2 Qtrs
Due from related entities	`IncreaseDecreaseInDueFromRelatedParties`	$-17.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.25M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$28.16K	USD	2 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLiabilities`	$674.37K	USD	2 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLiabilities`	$101.54K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.32M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-287.06K	USD	2 Qtrs
Due to related entities	`IncreaseDecreaseInDueToRelatedParties`	$-22.29K	USD	2 Qtrs
Due to related entities	`IncreaseDecreaseInDueToRelatedParties`	$-128.95K	USD	2 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-585.72K	USD	2 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.48M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfOtherInvestments`	$3.20M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfOtherInvestments`	$4.02M	USD	2 Qtrs
Investment acquisition advance	`PaymentsForAdvanceOnInvestmentAcquisition`	-	USD	2 Qtrs
Investment acquisition advance	`PaymentsForAdvanceOnInvestmentAcquisition`	$193.00K	USD	2 Qtrs
Investments in real estate assets	`PaymentsToAcquirePartnersInterestInRealEstatePartnershipNetOfCashAcquired`	$5.66M	USD	2 Qtrs
Investments in real estate assets	`PaymentsToAcquirePartnersInterestInRealEstatePartnershipNetOfCashAcquired`	$8.23M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$178.30K	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$551.34K	USD	2 Qtrs
Return of capital distributions	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.02M	USD	2 Qtrs
Return of capital distributions	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$404.19K	USD	2 Qtrs
Payment on contingent liability	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$785.00K	USD	2 Qtrs
Payment on contingent liability	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$858.00K	USD	2 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.58M	USD	2 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.24M	USD	2 Qtrs
Proceeds from mortgage notes payable	`ProceedsFromIssuanceOfSecuredDebt`	$2.10M	USD	2 Qtrs
Proceeds from mortgage notes payable	`ProceedsFromIssuanceOfSecuredDebt`	$3.29M	USD	2 Qtrs
Payments on mortgage notes payable	`RepaymentsOfSecuredDebt`	$596.47K	USD	2 Qtrs
Payments on mortgage notes payable	`RepaymentsOfSecuredDebt`	$192.35K	USD	2 Qtrs
Proceeds on notes payable	`ProceedsFromNotesPayable`	$9.63K	USD	2 Qtrs
Proceeds on notes payable	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Payments on notes payable	`RepaymentsOfNotesPayable`	$7.90K	USD	2 Qtrs
Payments on notes payable	`RepaymentsOfNotesPayable`	$358.54K	USD	2 Qtrs
Payment of loan extension fee	`PaymentOfLoanExtensionFee`	$876.50K	USD	2 Qtrs
Payment of loan extension fee	`PaymentOfLoanExtensionFee`	-	USD	2 Qtrs
Acquisition cost of below market debt	`AcquisitionCostOfBelowMarketDebt`	$343.00K	USD	2 Qtrs
Acquisition cost of below market debt	`AcquisitionCostOfBelowMarketDebt`	-	USD	2 Qtrs
Dividend to common stockholders	`PaymentsOfDividendsCommonStock`	$1.92M	USD	2 Qtrs
Dividend to common stockholders	`PaymentsOfDividendsCommonStock`	$2.33M	USD	2 Qtrs
Payment on finance lease liabilities	`FinanceLeasePrincipalPayments`	$31.47K	USD	2 Qtrs
Payment on finance lease liabilities	`FinanceLeasePrincipalPayments`	$30.28K	USD	Annual
Payment on finance lease liabilities	`FinanceLeasePrincipalPayments`	-	USD	2 Qtrs
Payment of selling commissions and fees	`PaymentOfSellingCommissionsAndFees`	$814.13K	USD	2 Qtrs
Payment of selling commissions and fees	`PaymentOfSellingCommissionsAndFees`	$492.71K	USD	2 Qtrs
Distributions to non-controlling interests holders	`PaymentsOfDividendsMinorityInterest`	$165.79K	USD	2 Qtrs
Distributions to non-controlling interests holders	`PaymentsOfDividendsMinorityInterest`	$340.28K	USD	2 Qtrs
Contributions to non-controlling interest holders	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Contributions to non-controlling interest holders	`ProceedsFromMinorityShareholders`	$140.42K	USD	2 Qtrs
Redemption of common stock, net of stock redemption payable	`RedemptionOfCommonStock`	$918.00K	USD	2 Qtrs
Redemption of common stock, net of stock redemption payable	`RedemptionOfCommonStock`	$734.44K	USD	2 Qtrs
Capital pending acceptance	`PaymentsForProceedsFromChangeInCapitalPendingAcceptance`	$463.60K	USD	2 Qtrs
Capital pending acceptance	`PaymentsForProceedsFromChangeInCapitalPendingAcceptance`	$-337.50K	USD	2 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.94M	USD	2 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.90M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-5.10M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-819.39K	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.14M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.18M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.14M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.18M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$17.24M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$12.17M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.11M	USD	Point-in-time
Restricted cash at end of the period	`RestrictedCash`	$898.24K	USD	Point-in-time
Restricted cash at end of the period	`RestrictedCash`	$864.53K	USD	Point-in-time
Restricted cash at end of the period	`RestrictedCash`	$587.58K	USD	Point-in-time
Cash and restricted cash at end of the period classified as assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsClassifiedAsAssetsHeldForSale`	-	USD	Point-in-time
Cash and restricted cash at end of the period classified as assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsClassifiedAsAssetsHeldForSale`	$481.83K	USD	Point-in-time
Issuance of common stock through reinvestment of dividends	`StockIssued1`	$906.96K	USD	2 Qtrs
Issuance of common stock through reinvestment of dividends	`StockIssued1`	$789.86K	USD	2 Qtrs
Issuance of preferred stock through reinvestment of dividends	`IssuanceOfPreferredStockThroughReinvestmentOfDividends`	$83.56K	USD	2 Qtrs
Issuance of preferred stock through reinvestment of dividends	`IssuanceOfPreferredStockThroughReinvestmentOfDividends`	$16.55K	USD	2 Qtrs
Issuance Operating Partnership Preferred Units through reinvestment of dividends	`IssuanceOperatingPartnershipPreferredUnitsThroughReinvestmentOfDividends`	-	USD	2 Qtrs
Issuance Operating Partnership Preferred Units through reinvestment of dividends	`IssuanceOperatingPartnershipPreferredUnitsThroughReinvestmentOfDividends`	$41.25K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$2.48M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$2.08M	USD	2 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$111.01M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$102.57M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$108.30M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$104.22M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$105.94M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$111.15M	USD	Point-in-time
Contributions by non-controlling interest holders	`StockIssuedDuringPeriodValueCapitalContributionsByNonControllingInterestHolders`	$140.42K	USD	2 Qtrs
Contributions by non-controlling interest holders	`StockIssuedDuringPeriodValueCapitalContributionsByNonControllingInterestHolders`	$140.42K	USD	1 Quarter
Distributions to non-controlling interest holders	`StockIssuedDuringPeriodValueDistributionsToNonControllingInterestHolders`	$382.36K	USD	2 Qtrs
Distributions to non-controlling interest holders	`StockIssuedDuringPeriodValueDistributionsToNonControllingInterestHolders`	$252.15K	USD	2 Qtrs
Distributions to non-controlling interest holders	`StockIssuedDuringPeriodValueDistributionsToNonControllingInterestHolders`	$194.06K	USD	1 Quarter
Distributions to non-controlling interest holders	`StockIssuedDuringPeriodValueDistributionsToNonControllingInterestHolders`	$134.21K	USD	1 Quarter
Operating Partnership Preferred Units issued	`OperatingPartnershipValuePreferredUnitsIssued`	$2.71M	USD	2 Qtrs
Dividends to common stockholders	`DividendsCommonStockStock`	$1.46M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStockStock`	$1.65M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStockStock`	$2.85M	USD	2 Qtrs
Dividends to common stockholders	`DividendsCommonStockStock`	$3.31M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-5.76M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-4.90M	USD	1 Quarter
Net loss	`ProfitLoss`	$-3.61M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.55M	USD	1 Quarter
Operating Partnership Class A conversion to common stock	`OperatingPartnershipValueConversionOfConvertibleSecurities`	-	USD	2 Qtrs
Operating Partnership Class A conversion to common stock	`OperatingPartnershipValueConversionOfConvertibleSecurities`	-	USD	2 Qtrs
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$463.69K	USD	1 Quarter
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$906.96K	USD	2 Qtrs
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$403.48K	USD	1 Quarter
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$789.86K	USD	2 Qtrs
Issuance Operating Partnership Preferred Units through reinvestment of dividends	`OperatingPartnershipPreferredStockIssuedDuringPeriodValueDividendReinvestmentPlan`	$11.66K	USD	2 Qtrs
Issuance Operating Partnership Preferred Units through reinvestment of dividends	`OperatingPartnershipPreferredStockIssuedDuringPeriodValueDividendReinvestmentPlan`	$41.25K	USD	2 Qtrs
Issuance Operating Partnership Preferred Units through reinvestment of dividends	`OperatingPartnershipPreferredStockIssuedDuringPeriodValueDividendReinvestmentPlan`	$20.79K	USD	1 Quarter
Issuance Operating Partnership Preferred Units through reinvestment of dividends	`OperatingPartnershipPreferredStockIssuedDuringPeriodValueDividendReinvestmentPlan`	$11.66K	USD	1 Quarter
Payment of selling commissions and fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$474.92K	USD	2 Qtrs
Payment of selling commissions and fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$1.10M	USD	2 Qtrs
Payment of selling commissions and fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$331.22K	USD	1 Quarter
Payment of selling commissions and fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$588.80K	USD	1 Quarter
Redemption of common stock	`StockRedeemedOrCalledDuringPeriodValue`	$415.97K	USD	1 Quarter
Redemption of common stock	`StockRedeemedOrCalledDuringPeriodValue`	$802.35K	USD	2 Qtrs
Redemption of common stock	`StockRedeemedOrCalledDuringPeriodValue`	$948.99K	USD	2 Qtrs
Redemption of common stock	`StockRedeemedOrCalledDuringPeriodValue`	$475.99K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$111.01M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$102.57M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$108.30M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$104.22M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$105.94M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$111.15M	USD	Point-in-time

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