Income Taxes (Tables)

3 Months Ended

Mar. 31, 2019

Income Tax Disclosure [Abstract]

Components of Income Tax Provision

The components of the income tax provision for the three months ended March 31, 2019 and 2018 are as follows:

	Three Months Ended		Three Months Ended
	March 31, 2019		March 31, 2018
	(unaudited)		(unaudited)
Current:
Federal	$	—	$	—
State		33,477		45,693
		33,477		45,693
Deferred:
Federal		199,606		207,019
State		85,073		53,243
		284,679		260,262
	$	318,156	$	305,955

Reconciliation of Statutory Federal Income Tax Provision

A reconciliation of the statutory federal income tax provision to the Company’s income tax provision is as follows:

	Three Months Ended			Three Months Ended
	March 31, 2019			March 31, 2018
	(unaudited)			(unaudited)
Statutory federal income tax provision	$	796,024		$	311,313
Effect of non-taxable REIT loss		(596,418	)		(104,294	)
State income tax provision		118,550			98,936
	$	318,156		$	305,955