Notes Payable (Tables)

12 Months Ended

Dec. 31, 2022

	12/31/2022			12/31/2021
Senior Loan	$	112,103,770		$	108,788,319
Mezzanine Loan		32,546,256			31,583,706
Less: unamortized debt issuance costs		(2,655,312	)		(4,281,539	)
Notes payable, net of debt issuance costs	$	141,994,714		$	136,090,486

Schedule of contractual debt maturities and scheduled amortization payments

2023	-
2024	$	144,650,026
2025		-
2026		-
2027		-
Thereafter		-
Total	$	144,650,026

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details

NRI Real Estate Investment & Technology, Inc. 10-K