Quarterly report pursuant to Section 13 or 15(d)

Other Assets

v3.23.3
Other Assets
9 Months Ended
Sep. 30, 2023
Other Assets [Abstract]  
Other Assets

Note 4. OTHER ASSETS

 

At September 30, 2023 and December 31, 2022, other assets was comprised of the following:

 

 

 

September 30, 2023

 

 

December 31, 2022

 

Escrow receivables

 

$

243,719

 

 

$

68,983

 

Dividend receivables

 

 

118,410

 

 

 

102,655

 

Deferred financing fees, net

 

 

93,750

 

 

 

112,500

 

Prepaid expenses

 

 

48,466

 

 

 

10,905

 

Total other assets

 

$

504,345

 

 

$

295,043

 

 

Amortization expense related to the deferred financing fees during the nine months ended September 30, 2023 and 2022 was $18,750 and $6,250, respectively.