Related Party Transactions (Details) - USD ($) |
Sep. 30, 2020 |
Jun. 30, 2020 |
Dec. 31, 2019 |
Dec. 31, 2018 |
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Assets Transferred | ||||
Total assets | $ 129,378,514 | $ 162,485,391 | $ 159,958,116 | |
Liabilities Transferred | ||||
Accounts payable | 497,644 | 121,516 | 108,292 | |
Total liabilities | $ 9,237,185 | $ 6,503,981 | $ 5,748,542 | |
Home sales [Member] | Real estate joint venture [Member] | ||||
Assets Transferred | ||||
Cash | $ 338,000 | |||
Real estate inventories | 49,705,000 | |||
Other assets | 174,000 | |||
Total assets | 50,217,000 | |||
Liabilities Transferred | ||||
Accounts payable | 1,416,000 | |||
Construction loan | 17,825,000 | |||
Accrued expenses and other liabilities | 2,102,000 | |||
Total liabilities | 21,343,000 | |||
Net assets transferred | 28,874,000 | |||
Noncontrolling interest transferred | $ 1,242,000 |
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- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expenses incurred but not yet paid nor invoiced, and liabilities classified as other. No definition available.
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition This element represents the carrying value of a short-term real estate loan to finance building costs. The funds are disbursed as needed or in accordance with a prearranged plan; generally, a portion of the funds is disbursed at inception and the remainder as construction progresses. The money is repaid on completion of the project, usually from the proceeds of a mortgage loan. The rate is normally higher than the prime rate, and there is usually an origination fee. The effective yield on these loans tends to be high, and the lender has a security interest in the real property. Note that there are separate concepts for the current and noncurrent portions of long-term construction loans. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total of (1) improvements, (2) held-for-sale, (3) land and land under development, (4) construction-in-process, (5) mortgage loans held-in-inventory, and (6) other real estate investments which are considered inventory due to being held for sale or disposition. No definition available.
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- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of assets classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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