MORTGAGES RECEIVABLE (Details Narrative) - USD ($) |
12 Months Ended | ||
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Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
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Short-Term Debt [Line Items] | |||
Debt principal amount | $ 1,595,697 | $ 1,997,909 | $ 6,480,000 |
Mortgage Receivable [Member] | |||
Short-Term Debt [Line Items] | |||
Debt principal amount | $ 497,588 | $ 254,683 | |
Mortgages receivable, percent | 11.00% | 10.00% | |
Interest income | $ 62,824 | $ 142,746 | |
Interest receivable | $ 190,967 | 185,197 | |
Mortgages Loan [Member] | |||
Short-Term Debt [Line Items] | |||
Interest rate | 7.20% | ||
Allowance for uncollectable mortgages | $ 1,436,981 | $ 196,550 | |
Mortgages Loan [Member] | Minimum [Member] | |||
Short-Term Debt [Line Items] | |||
Loan term | 8 years | ||
Mortgages Loan [Member] | Maximum [Member] | |||
Short-Term Debt [Line Items] | |||
Loan term | 10 years |
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- Definition Allowance for uncollectable mortgages. No definition available.
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- Definition Mortgages receivable percent. No definition available.
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition The net amount of operating interest income (expense). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying amount as of the balance sheet date of current interest earned but not received. Also called accrued interest or accrued interest receivable. For classified balance sheets, represents the current amount receivable, that is amounts expected to be collected within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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