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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
REVENUES:    
Rental revenues $ 1,115,861 $ 50,155
Rental revenues - related parties 1,186,775
Advisory revenues 144,560
Total revenues 1,260,421 1,236,930
OPERATING EXPENSES:    
Compensation and benefits 383,648 411,682
Professional fees 233,940 340,134
General and administrative expenses 193,059 187,361
Depreciation and amortization 361,940 276,665
Property operating expenses 3,240 37,919
Real estate taxes 83,879 91,113
Impairment loss 1,853,539
Total operating expenses 1,259,706 3,198,413
INCOME (LOSS) FROM OPERATIONS 715 (1,961,483)
OTHER (EXPENSES) INCOME:    
Interest expenses (120,000)
Interest expenses - related parties (1,200) (121,200)
Other income 108,204 50,000
Interest income 5,405
Total expenses, net (12,996) (65,795)
LOSS BEFORE INCOME TAXES (12,281) (2,027,278)
PROVISION FOR INCOME TAXES
NET LOSS $ (12,281) $ (2,027,278)
NET LOSS PER COMMON SHARE:    
Basic $ 0.00 $ (0.12)
Diluted $ 0.00 $ (0.12)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Basic 11,913,164 17,427,038
Diluted 11,913,164 17,427,038