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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Investment in real estate:    
Land $ 5,470,964 $ 5,539,877
Building and improvements 3,541,626 3,680,502
Real Estate Investment Property at Cost 9,012,590 9,220,379
Less: accumulated depreciation (245,953) (223,450)
Investment in real estate, net 8,766,637 8,996,929
Cash 77,978 199,570
Other assets 178,268 221,033
Equipment, net 5,018 0
Total Assets 9,027,901 9,417,532
LIABILITIES    
Accounts payable and accrued liabilities 207,863 88,210
Due to related parties 30,906 14,895
Prepaid rent received 33,723 39,598
Notes payable 4,250,190 4,271,665
Total Liabilities 4,522,682 4,414,368
SHAREHOLDERS' EQUITY    
Additional paid-in capital 12,681,311 12,390,239
Accumulated deficit (8,783,650) (7,994,647)
Total American Housing Income Trust, Inc.'s Shareholders' Equity 3,973,315 4,471,260
Non-controlling interest 531,904 531,904
Total Shareholders' Equity 4,505,219 5,003,164
Total Liabilities and Shareholders' Equity 9,027,901 9,417,532
Preferred Stock    
SHAREHOLDERS' EQUITY    
Preferred Stock, 9,980,000 shares authorized, $0.001 par value; no shares issued and outstanding (December 31, 2015 - no shares) and Preferred Stock - Series A, 20,000 shares authorized, $0.001 par value; no shares issued and outstanding (December 31, 2015 - no shares) 0 0
Series A, Preferred Stock    
SHAREHOLDERS' EQUITY    
Preferred Stock, 9,980,000 shares authorized, $0.001 par value; no shares issued and outstanding (December 31, 2015 - no shares) and Preferred Stock - Series A, 20,000 shares authorized, $0.001 par value; no shares issued and outstanding (December 31, 2015 - no shares) 0 0
Common Stock    
SHAREHOLDERS' EQUITY    
Common stock, 500,000,000 shares authorized, par value $0.01; 7,565,417 shares outstanding (December 31, 2015 - 7,566,815 shares) $ 75,654 $ 75,668