$MKZR
Mackenzie Realty Capital Inc

2023 Q3 Form 10-K Financial Statement

#000114036123045708 Filed on September 28, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2023
Revenue $3.560M $3.890M $15.11M
YoY Change 16.02% 51.95% 45.69%
Cost Of Revenue $1.390M $2.370M $9.030M
YoY Change -24.04% 63.45% 46.59%
Gross Profit $2.170M $1.520M $6.080M
YoY Change 75.0% 36.94% 44.42%
Gross Profit Margin 60.95% 39.07% 40.25%
Selling, General & Admin $741.3K $690.0K $2.360M
YoY Change 42.56% 15.0% 20.41%
% of Gross Profit 34.16% 45.39% 38.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.560M $1.530M $5.274M
YoY Change 70.96% 16.79% 16.05%
% of Gross Profit 71.87% 100.66% 86.74%
Operating Expenses $5.817M $3.020M $34.98M
YoY Change 4.12% 14.83% 95.97%
Operating Profit -$2.257M -$1.500M -$19.87M
YoY Change -10.38% -1.32% 165.67%
Interest Expense $1.322M -$2.830M $7.100M
YoY Change -16.75% -9533.33% 201.56%
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00
YoY Change
Pretax Income -$4.209M $10.16M -$3.690M
YoY Change -426.26% -193.47% -186.21%
Income Tax
% Of Pretax Income
Net Earnings -$4.209M $9.600M -$3.692M
YoY Change -427.16% -189.64% -186.27%
Net Earnings / Revenue -118.22% 246.79% -24.44%
Basic Earnings Per Share -$0.35 -$0.36
Diluted Earnings Per Share -$0.35 $0.72 -$0.36
COMMON SHARES
Basic Shares Outstanding 13.31M 13.30M 13.28M
Diluted Shares Outstanding 13.28M 13.28M

Balance Sheet

Concept 2023 Q3 2023 Q2 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.98M $17.20M $17.20M
YoY Change 29.46% 132.43% 132.43%
Cash & Equivalents $13.98M $17.24M
Short-Term Investments
Other Short-Term Assets $800.7K $800.0K $800.0K
YoY Change 14.38% 700.0% 700.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $15.68M $19.20M $19.20M
YoY Change 31.73% 113.33% 113.33%
LONG-TERM ASSETS
Property, Plant & Equipment $174.3M $170.7M $170.7M
YoY Change 50.11% 75.26% 75.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $20.25M $22.20M $22.20M
YoY Change -63.9% -61.46% -61.46%
Other Assets $700.6K $900.0K $900.0K
YoY Change -96.19% -95.16% -95.16%
Total Long-Term Assets $195.2M $194.0M $194.0M
YoY Change 2.48% 11.75% 11.75%
TOTAL ASSETS
Total Short-Term Assets $15.68M $19.20M $19.20M
Total Long-Term Assets $195.2M $194.0M $194.0M
Total Assets $210.9M $213.2M $213.2M
YoY Change 4.2% 16.76% 16.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.852M $1.400M $1.400M
YoY Change -15.81% -51.72% -51.72%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.493M $4.000M $4.000M
YoY Change 4.49% -18.37% -18.37%
LONG-TERM LIABILITIES
Long-Term Debt $96.41M $93.50M $93.50M
YoY Change 18.15% 36.7% 36.7%
Other Long-Term Liabilities $4.069M $4.600M $4.600M
YoY Change -23.22% -9.8% -9.8%
Total Long-Term Liabilities $100.5M $98.10M $98.10M
YoY Change 15.63% 33.47% 33.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.493M $4.000M $4.000M
Total Long-Term Liabilities $100.5M $98.10M $98.10M
Total Liabilities $105.0M $102.1M $114.2M
YoY Change 15.03% 30.38% 34.83%
SHAREHOLDERS EQUITY
Retained Earnings -$41.11M -$34.86M
YoY Change 68.93% 44.58%
Common Stock $1.324K $1.324K
YoY Change -0.08% -0.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $93.91M $98.91M $98.90M
YoY Change
Total Liabilities & Shareholders Equity $210.9M $213.2M $213.2M
YoY Change 4.2% 16.76% 16.76%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2023
OPERATING ACTIVITIES
Net Income -$4.209M $9.600M -$3.692M
YoY Change -427.16% -189.64% -186.27%
Depreciation, Depletion And Amortization $1.560M $1.530M $5.274M
YoY Change 70.96% 16.79% 16.05%
Cash From Operating Activities $517.1K -$1.710M -$6.621M
YoY Change -160.82% -190.96% -243.24%
INVESTING ACTIVITIES
Capital Expenditures $5.055M $760.0K $18.70M
YoY Change 314.37% -98.12% -70.43%
Acquisitions
YoY Change
Other Investing Activities -$372.5K $9.960M $34.01M
YoY Change -121.05% -246.04% 9.43%
Cash From Investing Activities -$5.428M $9.210M $15.31M
YoY Change -1081.29% -119.51% -147.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.452M -8.380M 451.0K
YoY Change -54.79% -157.63% -98.43%
NET CHANGE
Cash From Operating Activities 517.1K -1.710M -6.621M
Cash From Investing Activities -5.428M 9.210M 15.31M
Cash From Financing Activities 1.452M -8.380M 451.0K
Net Change In Cash -3.459M -880.0K 9.143M
YoY Change -218.72% -97.14% 634.59%
FREE CASH FLOW
Cash From Operating Activities $517.1K -$1.710M -$6.621M
Capital Expenditures $5.055M $760.0K $18.70M
Free Cash Flow -$4.538M -$2.470M -$25.32M
YoY Change 119.22% -93.59% -56.8%

Facts In Submission

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CY2023 dei Entity File Number
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CY2023 dei Entity Registrant Name
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MACKENZIE REALTY CAPITAL, INC.
CY2023 dei Entity Incorporation State Country Code
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CY2023 dei Entity Tax Identification Number
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CY2022 mrc Gain Loss On Disposal Of Real Estate
GainLossOnDisposalOfRealEstate
0
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
14840728
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2023 us-gaap Profit Loss
ProfitLoss
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CY2022 us-gaap Profit Loss
ProfitLoss
4279592
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2023 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
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CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
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CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4793006
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4507957
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13340164
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
104222217
CY2023 mrc Stock Issued During Period Value Capital Contributions By Non Controlling Interest Holders
StockIssuedDuringPeriodValueCapitalContributionsByNonControllingInterestHolders
1333
CY2023 mrc Stock Issued During Period Value Distributions To Non Controlling Interest Holders
StockIssuedDuringPeriodValueDistributionsToNonControllingInterestHolders
630281
CY2023 mrc Operating Partnership Value Preferred Units Issued
OperatingPartnershipValuePreferredUnitsIssued
5953935
CY2023 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
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CY2023 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
695601
CY2023 us-gaap Profit Loss
ProfitLoss
-3691927
CY2023 mrc Operating Partnership Value Conversion Of Convertible Securities
OperatingPartnershipValueConversionOfConvertibleSecurities
0
CY2023 mrc Stock Issued During Period Value Preferred Stock New Issues
StockIssuedDuringPeriodValuePreferredStockNewIssues
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CY2023 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
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CY2023 mrc Preferred Stock Issued During Period Value Dividend Reinvestment Plan
PreferredStockIssuedDuringPeriodValueDividendReinvestmentPlan
75379
CY2023 mrc Issuance Operating Partnership Preferred Units Through Reinvestment Of Dividends
IssuanceOperatingPartnershipPreferredUnitsThroughReinvestmentOfDividends
51413
CY2023 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
1652903
CY2023 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
1682008
CY2023 mrc Stock Redeemed Or Called During Period Value Of Preferred Stock
StockRedeemedOrCalledDuringPeriodValueOfPreferredStock
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CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023 us-gaap Profit Loss
ProfitLoss
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CY2022 us-gaap Profit Loss
ProfitLoss
4279592
CY2023 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-2079093
CY2022 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
1435073
CY2023 mrc Income From Equity Method Investments At Fair Value
IncomeFromEquityMethodInvestmentsAtFairValue
-1216922
CY2022 mrc Income From Equity Method Investments At Fair Value
IncomeFromEquityMethodInvestmentsAtFairValue
-7436483
CY2023 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
656984
CY2022 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
7349159
CY2023 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-247303
CY2023 mrc Gain Loss On Sales Of Investment Real Estate
GainLossOnSalesOfInvestmentRealEstate
-352540
CY2022 mrc Gain Loss On Sales Of Investment Real Estate
GainLossOnSalesOfInvestmentRealEstate
0
CY2023 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
8121090
CY2022 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
9126461
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
14840728
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2023 us-gaap Straight Line Rent
StraightLineRent
63543
CY2022 us-gaap Straight Line Rent
StraightLineRent
19166
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5273793
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4544343
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
948554
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
23146
CY2023 mrc Accretion Of Above Below Market Lease Net
AccretionOfAboveBelowMarketLeaseNet
-474185
CY2022 mrc Accretion Of Above Below Market Lease Net
AccretionOfAboveBelowMarketLeaseNet
-164695
CY2023 mrc Increase Decrease In Investment Income Rent And Other Receivables
IncreaseDecreaseInInvestmentIncomeRentAndOtherReceivables
-1416972
CY2022 mrc Increase Decrease In Investment Income Rent And Other Receivables
IncreaseDecreaseInInvestmentIncomeRentAndOtherReceivables
-15038
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
622948
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-250345
CY2023 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-401
CY2022 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
0
CY2023 mrc Increase Decrease In Deferred Rent And Other Liabilities
IncreaseDecreaseInDeferredRentAndOtherLiabilities
-796083
CY2022 mrc Increase Decrease In Deferred Rent And Other Liabilities
IncreaseDecreaseInDeferredRentAndOtherLiabilities
115744
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1945377
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2354321
CY2023 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-504520
CY2022 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
70359
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4622076
CY2023 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
15236124
CY2022 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
33694869
CY2023 mrc Payments For Advance On Investment Acquisition
PaymentsForAdvanceOnInvestmentAcquisition
100000
CY2022 mrc Payments For Advance On Investment Acquisition
PaymentsForAdvanceOnInvestmentAcquisition
0
CY2023 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
8695764
CY2022 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0
CY2023 us-gaap Payments To Acquire Partners Interest In Real Estate Partnership Net Of Cash Acquired
PaymentsToAcquirePartnersInterestInRealEstatePartnershipNetOfCashAcquired
18700523
CY2022 us-gaap Payments To Acquire Partners Interest In Real Estate Partnership Net Of Cash Acquired
PaymentsToAcquirePartnersInterestInRealEstatePartnershipNetOfCashAcquired
63241731
CY2023 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1621948
CY2022 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
24867765
CY2023 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
12957338
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
22250314
CY2023 us-gaap Payment For Contingent Consideration Liability Investing Activities
PaymentForContingentConsiderationLiabilityInvestingActivities
1154125
CY2022 us-gaap Payment For Contingent Consideration Liability Investing Activities
PaymentForContingentConsiderationLiabilityInvestingActivities
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
3221375
CY2022 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
34454689
CY2023 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
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CY2022 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
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CY2023 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
10111
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
17005
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4468846
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2023 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
13408089
CY2022 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
2943778
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
30276
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0
CY2023 mrc Payment Of Selling Commissions And Fees
PaymentOfSellingCommissionsAndFees
1206115
CY2022 mrc Payment Of Selling Commissions And Fees
PaymentOfSellingCommissionsAndFees
705770
CY2023 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
1333
CY2022 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
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CY2023 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
449092
CY2022 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
12183
CY2023 mrc Redemption Of Common Stock
RedemptionOfCommonStock
1585060
CY2022 mrc Redemption Of Common Stock
RedemptionOfCommonStock
1425073
CY2023 mrc Redemption Of Preferred Stock
RedemptionOfPreferredStock
31850
CY2022 mrc Redemption Of Preferred Stock
RedemptionOfPreferredStock
0
CY2023 mrc Payments For Proceeds From Change In Capital Pending Acceptance
PaymentsForProceedsFromChangeInCapitalPendingAcceptance
-453600
CY2022 mrc Payments For Proceeds From Change In Capital Pending Acceptance
PaymentsForProceedsFromChangeInCapitalPendingAcceptance
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
9142854
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1244612
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8998165
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7753553
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18141019
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8998165
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17242781
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7400163
CY2023Q2 us-gaap Restricted Cash
RestrictedCash
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CY2022Q2 us-gaap Restricted Cash
RestrictedCash
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CY2023Q2 mrc Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Classified As Assets Held For Sale
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsClassifiedAsAssetsHeldForSale
0
CY2022Q2 mrc Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Classified As Assets Held For Sale
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsClassifiedAsAssetsHeldForSale
505186
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18141019
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8998165
CY2023 mrc Issuance Of Operating Partnership Class A Units For Purchase Of Real Estate Assets
IssuanceOfOperatingPartnershipClassAUnitsForPurchaseOfRealEstateAssets
0
CY2022 mrc Issuance Of Operating Partnership Class A Units For Purchase Of Real Estate Assets
IssuanceOfOperatingPartnershipClassAUnitsForPurchaseOfRealEstateAssets
750000
CY2023 mrc Issuance Of Operating Partnership Preferred Units For Purchase Of Investments
IssuanceOfOperatingPartnershipPreferredUnitsForPurchaseOfInvestments
0
CY2022 mrc Issuance Of Operating Partnership Preferred Units For Purchase Of Investments
IssuanceOfOperatingPartnershipPreferredUnitsForPurchaseOfInvestments
4650000
CY2023 mrc Issuance Of Common Stock For Merger
IssuanceOfCommonStockForMerger
0
CY2022 mrc Issuance Of Common Stock For Merger
IssuanceOfCommonStockForMerger
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CY2023 mrc Issuance Of Preferred Stocks For Merger
IssuanceOfPreferredStocksForMerger
0
CY2022 mrc Issuance Of Preferred Stocks For Merger
IssuanceOfPreferredStocksForMerger
13752
CY2023 mrc Fair Value Of Subsidiary S Units Owned Prior To Merger Date
FairValueOfSubsidiarySUnitsOwnedPriorToMergerDate
0
CY2022 mrc Fair Value Of Subsidiary S Units Owned Prior To Merger Date
FairValueOfSubsidiarySUnitsOwnedPriorToMergerDate
5424296
CY2023 us-gaap Stock Issued1
StockIssued1
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CY2022 us-gaap Stock Issued1
StockIssued1
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CY2023 mrc Issuance Of Preferred Stock Through Reinvestment Of Dividends
IssuanceOfPreferredStockThroughReinvestmentOfDividends
75379
CY2022 mrc Issuance Of Preferred Stock Through Reinvestment Of Dividends
IssuanceOfPreferredStockThroughReinvestmentOfDividends
826
CY2023 mrc Reduction In Contingent Consideration Estimate
ReductionInContingentConsiderationEstimate
57875
CY2022 mrc Reduction In Contingent Consideration Estimate
ReductionInContingentConsiderationEstimate
0
CY2023 us-gaap Interest Paid Net
InterestPaidNet
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CY2022 us-gaap Interest Paid Net
InterestPaidNet
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CY2023Q2 mrc Shares Authorized
SharesAuthorized
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CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
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CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
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CY2016Q4 us-gaap Stock Issued During Period Shares New Issues
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CY2016Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
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CY2019Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
15000000
CY2023 us-gaap Proceeds From Contributions From Parent
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CY2021Q1 mrc Number Of Operating Companies Formed With Non Controlling Interest Holders
NumberOfOperatingCompaniesFormedWithNonControllingInterestHolders
2
CY2021Q1 mrc Number Of Residential Apartment Buildings To Acquire And Operate
NumberOfResidentialApartmentBuildingsToAcquireAndOperate
2
CY2023 mrc Portfolio Risk Concentration Percentage
PortfolioRiskConcentrationPercentage
0.20
CY2023 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
119100000
CY2023 mrc Number Of Public Offering
NumberOfPublicOffering
3
CY2023 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
14190000
CY2023 mrc Proceeds From Issuance Of Preferred Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfPreferredStockDividendReinvestmentPlan
80000.00
CY2023 us-gaap Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
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CY2022 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
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CY2023 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
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CY2022 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
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CY2023Q2 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
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CY2023Q2 mrc Capital Pending Acceptance
CapitalPendingAcceptance
538600
CY2022Q2 mrc Capital Pending Acceptance
CapitalPendingAcceptance
85000
CY2023 mrc Nondeductible Excise Tax
NondeductibleExciseTax
0.04
CY2023Q2 mrc Number Of Entities Income Tax Liabilities Flow Through To Partners
NumberOfEntitiesIncomeTaxLiabilitiesFlowThroughToPartners
2
CY2023Q2 mrc Number Of Entities Income Tax Liabilities Flow Through To Partners
NumberOfEntitiesIncomeTaxLiabilitiesFlowThroughToPartners
2
CY2023Q2 mrc Number Of Entities Income Tax Liabilities Flow Through To Partners
NumberOfEntitiesIncomeTaxLiabilitiesFlowThroughToPartners
2
CY2023Q2 mrc Uncertain Tax Positions
UncertainTaxPositions
0
CY2022Q2 mrc Uncertain Tax Positions
UncertainTaxPositions
0
CY2023 mrc Number Of Trading Days
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CY2023Q2 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
14760496
CY2022Q2 us-gaap Equity Method Investments Fair Value Disclosure
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45696840
CY2023 us-gaap Number Of Reportable Segments
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1
CY2023 us-gaap Depreciation
Depreciation
3735162
CY2022 us-gaap Depreciation
Depreciation
2866400
CY2023 mrc Non Cancelable Leases Average Remaining Term Of Amortization
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CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0
CY2023 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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8121090
CY2022 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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9126461
CY2023 us-gaap Operating Lease Lease Income Lease Payments
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13531788
CY2023 us-gaap Operating Lease Lease Income
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15107219
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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7053680
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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3616481
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Five Years
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3328280
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
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CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received
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CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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2124799
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
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CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
586168
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2303660
CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P5Y2M12D
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1538631
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1677943
CY2023Q2 us-gaap Investment Owned At Fair Value
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22148980
CY2022Q2 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
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CY2023Q2 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
22148980
CY2022Q2 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
57593244
CY2022Q2 mrc Percentage Of Reduced Purchase Price For General Partnership Interest
PercentageOfReducedPurchasePriceForGeneralPartnershipInterest
0.20
CY2022Q2 mrc Percentage Of Holdback Reduced By Stabilization Costs
PercentageOfHoldbackReducedByStabilizationCosts
0.20
CY2022Q2 mrc Percentage Of Holdback Considered As Contingent Liability
PercentageOfHoldbackConsideredAsContingentLiability
0.20
CY2022Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
2715000
CY2023 us-gaap Payment For Contingent Consideration Liability Investing Activities
PaymentForContingentConsiderationLiabilityInvestingActivities
1154125
CY2023 mrc Written Off Contingent Consideration
WrittenOffContingentConsideration
57875
CY2023Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
1503000
CY2022Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
2715000
CY2023Q2 mrc Contingent Liability Related To Guaranty On Mortgage Loans
ContingentLiabilityRelatedToGuarantyOnMortgageLoans
0
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
644616
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
628420
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
658695
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
14079
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
644616
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
14079
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
12325
CY2023 us-gaap Lease Cost
LeaseCost
26404
CY2023Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
86361
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
89813
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
93408
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
97079
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
100960
CY2023Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
286082
CY2023Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
753703
CY2023Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
125283
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
628420
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P7Y6M10D
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.05
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
30276
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
658695
CY2023 mrc Number Of Advisory Agreements
NumberOfAdvisoryAgreements
2
CY2023 mrc Assets Management Fee Expense
AssetsManagementFeeExpense
3004725
CY2022 mrc Assets Management Fee Expense
AssetsManagementFeeExpense
2725588
CY2022Q3 us-gaap Management Fee Expense
ManagementFeeExpense
148639649
CY2022Q4 us-gaap Management Fee Expense
ManagementFeeExpense
152470792
CY2023Q1 us-gaap Management Fee Expense
ManagementFeeExpense
160153751
CY2023Q2 us-gaap Management Fee Expense
ManagementFeeExpense
162313487
CY2021Q3 us-gaap Management Fee Expense
ManagementFeeExpense
133927634
CY2021Q4 us-gaap Management Fee Expense
ManagementFeeExpense
134242127
CY2022Q1 us-gaap Management Fee Expense
ManagementFeeExpense
135848952
CY2022Q2 us-gaap Management Fee Expense
ManagementFeeExpense
141870274
CY2022 us-gaap Incentive Fee Expense
IncentiveFeeExpense
0
CY2023 us-gaap Incentive Fee Expense
IncentiveFeeExpense
0
CY2023Q2 mrc Number Of Property Limited Partnership
NumberOfPropertyLimitedPartnership
8
CY2023Q2 mrc Number Of Property Limited Partnership
NumberOfPropertyLimitedPartnership
8
CY2023 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
489387
CY2023 us-gaap Leasing Commissions Expense
LeasingCommissionsExpense
591596
CY2023Q2 mrc Number Of Property Limited Partnership
NumberOfPropertyLimitedPartnership
8
CY2023 mrc Direct Operating Costs And Construction Of Tenant Improvements
DirectOperatingCostsAndConstructionOfTenantImprovements
1963432
CY2022Q2 mrc Incurred Offering Costs
IncurredOfferingCosts
600130
CY2023Q2 mrc Incurred Offering Costs
IncurredOfferingCosts
1099189
CY2023 us-gaap Administrative Fees Expense
AdministrativeFeesExpense
726000
CY2022 us-gaap Administrative Fees Expense
AdministrativeFeesExpense
609600
CY2023 us-gaap Noninterest Expense Transfer Agent And Custodian Fees
NoninterestExpenseTransferAgentAndCustodianFees
92000
CY2022 us-gaap Noninterest Expense Transfer Agent And Custodian Fees
NoninterestExpenseTransferAgentAndCustodianFees
106401
CY2023 mrc Assets Management Fee Expense
AssetsManagementFeeExpense
3004725
CY2022 mrc Assets Management Fee Expense
AssetsManagementFeeExpense
2725588
CY2023Q2 mrc Due To Related Parties Asset Management Fees
DueToRelatedPartiesAssetManagementFees
0
CY2022Q2 mrc Due To Related Parties Asset Management Fees
DueToRelatedPartiesAssetManagementFees
0
CY2023 mrc Asset Acquisition Fees
AssetAcquisitionFees
1878356
CY2022 mrc Asset Acquisition Fees
AssetAcquisitionFees
793919
CY2023Q2 mrc Due To Related Parties Asset Acquisition Fees
DueToRelatedPartiesAssetAcquisitionFees
0
CY2022Q2 mrc Due To Related Parties Asset Acquisition Fees
DueToRelatedPartiesAssetAcquisitionFees
0
CY2023 us-gaap Administrative Fees Expense
AdministrativeFeesExpense
726000
CY2022 us-gaap Administrative Fees Expense
AdministrativeFeesExpense
609600
CY2023Q2 mrc Due To Related Parties Administrative Cost Reimbursements
DueToRelatedPartiesAdministrativeCostReimbursements
0
CY2022Q2 mrc Due To Related Parties Administrative Cost Reimbursements
DueToRelatedPartiesAdministrativeCostReimbursements
0
CY2023 us-gaap Noninterest Expense Transfer Agent And Custodian Fees
NoninterestExpenseTransferAgentAndCustodianFees
92000
CY2022 us-gaap Noninterest Expense Transfer Agent And Custodian Fees
NoninterestExpenseTransferAgentAndCustodianFees
106401
CY2023Q2 mrc Due To Related Parties Transfer Agent Cost Reimbursements
DueToRelatedPartiesTransferAgentCostReimbursements
0
CY2022Q2 mrc Due To Related Parties Transfer Agent Cost Reimbursements
DueToRelatedPartiesTransferAgentCostReimbursements
0
CY2023 mrc Incurred Offering Costs Reimbursement
IncurredOfferingCostsReimbursement
499689
CY2022 mrc Incurred Offering Costs Reimbursement
IncurredOfferingCostsReimbursement
480076
CY2023Q2 mrc Due To Related Parties Organization And Offering Cost
DueToRelatedPartiesOrganizationAndOfferingCost
151132
CY2022Q2 mrc Due To Related Parties Organization And Offering Cost
DueToRelatedPartiesOrganizationAndOfferingCost
141397
CY2023 us-gaap Other Expenses
OtherExpenses
0
CY2022 us-gaap Other Expenses
OtherExpenses
0
CY2023Q2 mrc Other Expenses Due To Related Party
OtherExpensesDueToRelatedParty
5232
CY2022Q2 mrc Other Expenses Due To Related Party
OtherExpensesDueToRelatedParty
72697
CY2023Q2 us-gaap Other Liabilities
OtherLiabilities
156364
CY2022Q2 us-gaap Other Liabilities
OtherLiabilities
214094
CY2022 mrc Real Estate Companies Investment In Real Estate Disposals
RealEstateCompaniesInvestmentInRealEstateDisposals
297017
CY2023 mrc Real Estate Companies Investment In Real Estate Reclassified To Assets Held For Sale
RealEstateCompaniesInvestmentInRealEstateReclassifiedToAssetsHeldForSale
0
CY2022 mrc Real Estate Companies Investment In Real Estate Reclassified To Assets Held For Sale
RealEstateCompaniesInvestmentInRealEstateReclassifiedToAssetsHeldForSale
25564656
CY2023Q2 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
169647797
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4793006
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4507957
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13282927.98
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13282927.98
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13340164.03
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13340164.03
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2022Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
194980.05
CY2022Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
1775298
CY2023 us-gaap Dividends Common Stock
DividendsCommonStock
5954530
CY2023 us-gaap Dividends Preferred Stock
DividendsPreferredStock
695601
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5691554
CY2023 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
491410
CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
5317823
CY2022 us-gaap Dividends Preferred Stock
DividendsPreferredStock
56929
CY2022 mrc Total Dividends Paid
TotalDividendsPaid
4012882
CY2023Q2 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
91247384
CY2023Q2 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
37163127
CY2023Q2 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
131068561
CY2023Q2 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLand
0
CY2023Q2 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovements
1416109
CY2023Q2 mrc Real Estate Companies Investment In Real Estate And Accumulated Depreciation Cost Capitalized Subsequent To Disposal Land
RealEstateCompaniesInvestmentInRealEstateAndAccumulatedDepreciationCostCapitalizedSubsequentToDisposalLand
0
CY2023Q2 mrc Real Estate Companies Investment In Real Estate And Accumulated Depreciation Cost Capitalized Subsequent To Disposal Building And Improvements
RealEstateCompaniesInvestmentInRealEstateAndAccumulatedDepreciationCostCapitalizedSubsequentToDisposalBuildingAndImprovements
0
CY2023Q2 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
169647797
CY2023Q2 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
4917122
CY2022Q2 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
96299620
CY2021Q2 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
54641596
CY2023 us-gaap Real Estate Improvements
RealEstateImprovements
73348177
CY2022 us-gaap Real Estate Improvements
RealEstateImprovements
67519697
CY2023 mrc Real Estate Companies Investment In Real Estate Disposals
RealEstateCompaniesInvestmentInRealEstateDisposals
0
CY2022Q2 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
96299620
CY2022Q2 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1181962
CY2021Q2 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1107466
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
3735160
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
2866400
CY2023 mrc Real Estate Companies Investment In Real Estate Accumulated Depreciation Disposals
RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationDisposals
0
CY2022 mrc Real Estate Companies Investment In Real Estate Accumulated Depreciation Disposals
RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationDisposals
49711
CY2023 mrc Real Estate Accumulated Depreciation Reclassified To Assets Held For Sale
RealEstateAccumulatedDepreciationReclassifiedToAssetsHeldForSale
0
CY2022 mrc Real Estate Accumulated Depreciation Reclassified To Assets Held For Sale
RealEstateAccumulatedDepreciationReclassifiedToAssetsHeldForSale
2742193
CY2023Q2 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
4917122
CY2022Q2 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1181962
CY2022Q2 mrc Real Estate Companies Investment In Real Estate Accumulated Amortization
RealEstateCompaniesInvestmentInRealEstateAccumulatedAmortization
2370116

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