Investment in Real Estate

12 Months Ended

Dec. 31, 2015

Notes to Financial Statements

Investment in Real Estate

7.       Investment in Real Estate

	December 31, 2015		December 31, 2014
Cost of real estate properties	$	9,220,379		$	5,291,868
Accumulated depreciation		(223,450	)		(119,398	)
Balance at the end of the period	$	8,996,929		$	5,172,470

During the year ended December 31, 2015, the Company recorded depreciation expense of $105,863 (2014 - $74,670).