$LTSV
Lightstone Value Plus Reit IV Inc

2022 Q3 Form 10-Q Financial Statement

#000182912622015576 Filed on August 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q2
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $520.8K $553.6K $204.7K
YoY Change 159.37% 170.49%
Operating Profit -$245.4K -$79.60K -$899.3K
YoY Change -120.77% -91.15%
Interest Expense $47.12K $46.61K $46.61K
YoY Change 0.0% 0.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$766.2K -$633.2K -$1.104M
YoY Change -178.11% -42.64%
Net Earnings / Revenue
Basic Earnings Per Share -$0.09 -$0.06
Diluted Earnings Per Share -$0.09 -$0.06
COMMON SHARES
Basic Shares Outstanding 8.400M shares 8.418M shares
Diluted Shares Outstanding 8.401M shares 8.418M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $10.99M $10.23M $19.64M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.65M $10.72M
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $127.3M $116.9M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $71.90M $60.55M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$27.39M -$26.70M
YoY Change
Common Stock $83.99K $84.04K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $43.18M $43.91M
YoY Change
Total Liabilities & Shareholders Equity $127.3M $116.9M
YoY Change

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q2
OPERATING ACTIVITIES
Net Income -$766.2K -$633.2K -$1.104M
YoY Change -178.11% -42.64%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001619312
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-55773
dei Entity Registrant Name
EntityRegistrantName
Lightstone Value Plus REIT IV, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
47-1796830
dei Entity Address Address Line1
EntityAddressAddressLine1
1985 Cedar Bridge Avenue
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1
dei Entity Address City Or Town
EntityAddressCityOrTown
Lakewood
dei Entity Address State Or Province
EntityAddressStateOrProvince
NJ
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
08701
dei City Area Code
CityAreaCode
(732)
dei Local Phone Number
LocalPhoneNumber
367-0129
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
8400000 shares
CY2022Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
94968443 usd
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
72999787 usd
CY2022Q2 us-gaap Equity Method Investments
EquityMethodInvestments
10723430 usd
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
10793084 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10227416 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11955515 usd
CY2022Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
953706 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
440855 usd
CY2022Q2 us-gaap Assets
Assets
116872995 usd
CY2021Q4 us-gaap Assets
Assets
96189241 usd
CY2022Q2 lrit Mortgage Payable Net
MortgagePayableNet
38078650 usd
CY2021Q4 lrit Mortgage Payable Net
MortgagePayableNet
14843736 usd
CY2022Q2 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
8743710 usd
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
9895523 usd
CY2022Q2 us-gaap Subordinated Debt Current
SubordinatedDebtCurrent
13731354 usd
CY2021Q4 us-gaap Subordinated Debt Current
SubordinatedDebtCurrent
13638646 usd
CY2022Q2 us-gaap Liabilities
Liabilities
60553714 usd
CY2021Q4 us-gaap Liabilities
Liabilities
38377905 usd
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000.0 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000.0 shares
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
-0 usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
-0 usd
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000.0 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000.0 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8400000 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8400000 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8500000 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8500000 shares
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
84044 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
84777 usd
CY2022Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
70532087 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
71157978 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-26703982 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-25651846 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
43912149 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
45590909 usd
CY2022Q2 us-gaap Minority Interest
MinorityInterest
12407132 usd
CY2021Q4 us-gaap Minority Interest
MinorityInterest
12220427 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
56319281 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
57811336 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
116872995 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
96189241 usd
CY2022Q2 us-gaap Investment Income Net
InvestmentIncomeNet
-0 usd
CY2021Q2 us-gaap Investment Income Net
InvestmentIncomeNet
9600 usd
us-gaap Investment Income Net
InvestmentIncomeNet
-0 usd
us-gaap Investment Income Net
InvestmentIncomeNet
21283 usd
CY2022Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-79601 usd
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-908857 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-343643 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1367105 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-79601 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-899257 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-343643 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1345822 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
149688 usd
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
158061 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
303067 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
316155 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
46610 usd
CY2021Q2 us-gaap Interest Expense
InterestExpense
46610 usd
us-gaap Interest Expense
InterestExpense
92708 usd
us-gaap Interest Expense
InterestExpense
92708 usd
CY2022Q2 us-gaap Pre Opening Costs
PreOpeningCosts
357308 usd
CY2021Q2 us-gaap Pre Opening Costs
PreOpeningCosts
-0 usd
us-gaap Pre Opening Costs
PreOpeningCosts
419283 usd
us-gaap Pre Opening Costs
PreOpeningCosts
-0 usd
CY2022Q2 us-gaap Operating Expenses
OperatingExpenses
553606 usd
CY2021Q2 us-gaap Operating Expenses
OperatingExpenses
204671 usd
us-gaap Operating Expenses
OperatingExpenses
815058 usd
us-gaap Operating Expenses
OperatingExpenses
408863 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-633207 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-1103928 usd
us-gaap Net Income Loss
NetIncomeLoss
-1158701 usd
us-gaap Net Income Loss
NetIncomeLoss
-1754685 usd
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-91071 usd
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-106565 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 usd
CY2022Q2 lrit Net Loss Attributable To Companys Common Shares
NetLossAttributableToCompanysCommonShares
-542136 usd
CY2021Q2 lrit Net Loss Attributable To Companys Common Shares
NetLossAttributableToCompanysCommonShares
-1103928 usd
lrit Net Loss Attributable To Companys Common Shares
NetLossAttributableToCompanysCommonShares
-1052136 usd
lrit Net Loss Attributable To Companys Common Shares
NetLossAttributableToCompanysCommonShares
-1754685 usd
CY2022Q2 lrit Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
-0.06
CY2021Q2 lrit Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
-0.13
lrit Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
-0.12
lrit Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
0.21
CY2022Q2 lrit Weighted Average Number Of Common Shares Outstanding Basic And Diluted
WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
8418078 shares
CY2021Q2 lrit Weighted Average Number Of Common Shares Outstanding Basic And Diluted
WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
8537424 shares
lrit Weighted Average Number Of Common Shares Outstanding Basic And Diluted
WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
8438582 shares
lrit Weighted Average Number Of Common Shares Outstanding Basic And Diluted
WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
8537424 shares
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
48557716 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-1103928 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
47453788 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
49208473 usd
us-gaap Net Income Loss
NetIncomeLoss
-1754685 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
47453788 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
57187963 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-633207 usd
CY2022Q2 lrit Contributions Of Noncontrolling Interests
ContributionsOfNoncontrollingInterests
175000 usd
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
410475 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
56319281 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
57811336 usd
us-gaap Net Income Loss
NetIncomeLoss
-1158701 usd
lrit Contributions Of Noncontrolling Interests
ContributionsOfNoncontrollingInterests
293270 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
626624 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
56319281 usd
us-gaap Net Income Loss
NetIncomeLoss
-1158701 usd
us-gaap Net Income Loss
NetIncomeLoss
-1754685 usd
lrit Loss From Investment In Unconsolidated Affiliated Real Estate Entity
LossFromInvestmentInUnconsolidatedAffiliatedRealEstateEntity
-343643 usd
lrit Loss From Investment In Unconsolidated Affiliated Real Estate Entity
LossFromInvestmentInUnconsolidatedAffiliatedRealEstateEntity
-1367105 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
215354 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
271240 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
985602 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
363000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
92708 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
92708 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
47898 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-203112 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
22883270 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
8377485 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
273990 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23157260 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8377485 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
22012116 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
-0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
40000 usd
lrit Contributions Of Noncontrolling Interest
ContributionsOfNoncontrollingInterest
293270 usd
lrit Contributions Of Noncontrolling Interest
ContributionsOfNoncontrollingInterest
-0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
626624 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3151447 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
21678762 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3191447 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1430600 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-11772044 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12197119 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31490826 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10766519 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19718782 usd
lrit Noncash Purchase Of Investment Property
NoncashPurchaseOfInvestmentProperty
6299768 usd
lrit Noncash Purchase Of Investment Property
NoncashPurchaseOfInvestmentProperty
2387845 usd
lrit Unpaid Interest Accrued And Capitalized As Mortgage Payable And Construction In Progress
UnpaidInterestAccruedAndCapitalizedAsMortgagePayableAndConstructionInProgress
330813 usd
lrit Unpaid Interest Accrued And Capitalized As Mortgage Payable And Construction In Progress
UnpaidInterestAccruedAndCapitalizedAsMortgagePayableAndConstructionInProgress
-0 usd
lrit Amortization Of Deferred Financing Cost Included In Construction In Progress
AmortizationOfDeferredFinancingCostIncludedInConstructionInProgress
891987 usd
lrit Amortization Of Deferred Financing Cost Included In Construction In Progress
AmortizationOfDeferredFinancingCostIncludedInConstructionInProgress
33333 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10227416 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19639122 usd
CY2022Q2 us-gaap Restricted Cash
RestrictedCash
539103 usd
CY2021Q2 us-gaap Restricted Cash
RestrictedCash
79660 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10766519 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19718782 usd
dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2014-09-09
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2022Q2 lrit Business Combination Consideration Investment
BusinessCombinationConsiderationInvestment
300000 usd
CY2021Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
300000 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_842_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zgGxvxMkiDsk" style="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_869_zA56LLkwZnt4">Reclassifications</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior period amounts have been reclassified to conform to the current year presentation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
lrit Additional Capital Contributions
AdditionalCapitalContributions
300000 usd
CY2021Q3 us-gaap Business Combination Contingent Consideration Arrangements Description
BusinessCombinationContingentConsiderationArrangementsDescription
The Moxy Construction Loan bears interest at LIBOR plus 9.00%, subject to a 9.50% floor, with the first 7.50% drawn under the facility and the excess added to the outstanding loan balance due at maturity. The Moxy Construction Loan is collateralized by the Williamsburg Moxy Hotel. As of June 30, 2022 and December 31, 2021, the outstanding principal balance of the Moxy Construction Loan was $40.9 million (including $0.5 million of interest capitalized to principal) which is presented, net of deferred financing fees of $2.8 million and $18.6 million (including $0.1 million of interest capitalized to principal) which is presented, net of deferred financing fees of $3.7 million, respectively, on the consolidated balance sheets and is classified as mortgage payable, net. As of June 30, 2022, the remaining availability under the facility was up to $36.6 million and its interest rate was 10.79%.
us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
6000000.0 usd
lrit Aggregate Amount
AggregateAmount
6200000 usd
CY2016Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
10.00
lrit Share Redemption Program Annual Limitation Percentageof Weighted Average Shares Outstanding
ShareRedemptionProgramAnnualLimitationPercentageofWeightedAverageSharesOutstanding
0.005 pure
CY2022Q2 lrit Repurchasement Of Common Shares
RepurchasementOfCommonShares
73270 usd
CY2022Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
8.55
CY2022Q2 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
400000 usd
us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
900000 usd
CY2021Q2 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
300000 usd
us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
400000 usd
CY2016Q1 lrit Net Investment Annual Return
NetInvestmentAnnualReturn
0.080 pure
CY2016Q1 lrit Additional Cummulative Net Investment Rate
AdditionalCummulativeNetInvestmentRate
0.080 pure
CY2016Q1 lrit Additional Distributions Rate
AdditionalDistributionsRate
0.850 pure
CY2016Q1 lrit Aggregate Amount Rate
AggregateAmountRate
0.150 pure
CY2016Q1 lrit Pretax Noncompounded Annual Return
PretaxNoncompoundedAnnualReturn
0.080 pure

Files In Submission

Name View Source Status
0001829126-22-015576-index-headers.html Edgar Link pending
0001829126-22-015576-index.html Edgar Link pending
0001829126-22-015576.txt Edgar Link pending
0001829126-22-015576-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lightstonevalue4_10q.htm Edgar Link pending
lightstonevalue4_ex31-1.htm Edgar Link pending
lightstonevalue4_ex31-2.htm Edgar Link pending
lightstonevalue4_ex32-1.htm Edgar Link pending
lightstonevalue4_ex32-2.htm Edgar Link pending
lrit-20220630.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
lightstonevalue4_10q_htm.xml Edgar Link completed
lrit-20220630_cal.xml Edgar Link unprocessable
lrit-20220630_def.xml Edgar Link unprocessable
lrit-20220630_lab.xml Edgar Link unprocessable
lrit-20220630_pre.xml Edgar Link unprocessable