DEBT ASSOCIATED WITH THE SINGLE-FAMILY RENTAL HOME NOTE PAYABLE AND OTHER LONG-TERM OBLIGATIONS (Details) |
Nov. 29, 2021
USD ($)
installment
item
|
Nov. 30, 2021
item
|
|---|---|---|
| Debt Instrument [Line Items] | ||
| Number of Single Family Homes Being Constructed | item | 3 | |
| Single-Family Rental Home Notes [Member] | ||
| Debt Instrument [Line Items] | ||
| Principal amount | $ 1,000,000.0 | |
| Interest rate | 3.75% | |
| Floor interest rate | 3.75% | |
| Ceiling interest rate | 4.25% | |
| Additional interest rate | 2.00% | |
| Number of interest only payments | installment | 6 | |
| Number of principal and interest payments | installment | 53 | |
| Periodic interest and principal payments | $ 4,633.05 | |
| Balloon payment | $ 916,239.49 | |
| Single family rental homes secured for debt | item | 3 | |
| Debt service coverage ratio | 1.10 | |
| Prime Rate [Member] | Single-Family Rental Home Notes [Member] | ||
| Debt Instrument [Line Items] | ||
| Basis spread on variable rate | 0.50% |
| X | ||||||||||
- Definition Ceiling interest rate on a debt instrument. No definition available.
|
| X | ||||||||||
- Definition Floor interest rate on a debt instrument. No definition available.
|
| X | ||||||||||
- Definition The number of interest only payments on a debt instrument. No definition available.
|
| X | ||||||||||
- Definition The number of principal and interest payments on a debt instrument. No definition available.
|
| X | ||||||||||
- Definition Ratio of debt repayments to net income. No definition available.
|
| X | ||||||||||
- Definition The number of single family homes being constructed by the Company at the Sky Ranch Master Planned Community that will be owned, maintained and rented to qualified renters. No definition available.
|
| X | ||||||||||
- Definition The number of single family rental homes secured for debt. No definition available.
|
| X | ||||||||||
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
|
| X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Incremental percentage increase (decrease) in the stated rate on a debt instrument. No definition available.
|
| X | ||||||||||
- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- 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.
|
| X | ||||||||||
- Definition Amount of the required periodic payments including both interest and principal payments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of payment greater than the preceding installment payments to be paid at final maturity date of debt. No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|