Property and Equipment

9 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 5 - Property and Equipment

The principal categories of property and equipment are summarized as follows:

	Useful lives (yrs)		September 30, 2022			December 31, 2021
Buildings and improvements		39	$	8,136,998		$	82,794,329
Land		—		1,972,509			18,201,804
Leasehold improvements		10-39		28,838,691			27,038,503
Construction in progress		—		11,994,089			4,299,614
Medical equipment		10		27,080,061			25,686,562
Office furniture and equipment		7		2,864,410			2,870,270
Computer hardware and software		5		2,280,296			1,288,224
Vehicles		5		135,590			161,590
Signage		10		1,163,722			1,160,195
Total cost				84,466,366			163,501,091
Less: accumulated depreciation				(12,184,248	)		(11,588,591	)
Total property and equipment, net			$	72,282,118		$	151,912,500

In the second quarter of 2022, we deconsolidated 17 Real Estate Entities. Refer to Note 19.

Depreciation and amortization of property and equipment for the three months ended September 30, 2022 and 2021 totaled $1,431,303 and $1,329,911 respectively, and for the nine months ended September 30, 2022 and 2021 totaled $2,106,596 and $4,202,528 respectively