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Investment in Real Estate
3 Months Ended
Mar. 31, 2016
Real Estate [Abstract]  
Investment in Real Estate

4.       Investment in Real Estate

 

 

March 31,

2016

December 31,

2015

     
     
Cost of real estate properties $      9,012,590 $      9,220,379
Accumulated depreciation (245,953) (223,450)
     
Balance at the end of the period $      8,766,637 $      8,996,929

 

During the three month period ended March 31, 2016, the Company recorded depreciation expense of $27,582 (2014 - $19,268).