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SEGMENT INFORMATION
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
SEGMENT INFORMATION

NOTE 13 – SEGMENT INFORMATION

 

For the three and six months ended June 30, 2017, the Company operated in two reportable business segments - (1) the real property operating segment, and (2) the medical related consulting services segment. For the three and six months ended June 30, 2016, the Company operated in one reportable business segment – the medical related consulting services segment. The Company’s reportable segments are strategic business units that offer different services. They are managed separately based on the fundamental differences in their operations. Information with respect to these reportable business segments for the three and six months ended June 30, 2017 and 2016 was as follows:

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2017     2016     2017     2016  
Revenues                                
Real property operating   $ 222,254     $ -     $ 222,254     $ -  
Medical related consulting services     152,497       -       218,783       -  
      374,751       -       441,037       -  
Depreciation                                
Real property operating     32,943       -       32,943       -  
Medical related consulting services     1,187       -       1,213       -  
      34,130       -       34,156       -  
Interest expense                                
Real property operating     -       -       -       -  
Medical related consulting services     -       -       -       -  
Other (a)     42,000       -       42,000       -  
      42,000       -       42,000       -  
Net (loss) income                                
Real property operating     (1,234 )     -       (1,234 )     -  
Medical related consulting services     54,782       (46,000 )     (161,789 )     (105,471 )
Other (a)     (484,056 )     -       (816,818 )     -  
    $ (430,508 )   $ (46,000 )   $ (979,841 )   $ (105,471 )

 

Identifiable long-lived tangible assets at June 30, 2017 and December 31, 2016   June 30,
2017
    December 31,
2016
 
Real property operating   $ 7,675,628     $ -  
Medial related consulting services      27,245       295  
    $ 7,702,873     $ 295  

 

Identifiable long-lived tangible assets at June 30, 2017 and December 31, 2016   June 30,
2017
    December 31,
2016
 
United States   $ 7,675,628     $ -  
China     27,245       295  
    $ 7,702,873     $ 295  

 

  (a) The Company does not allocate any interest expense and general and administrative expense of its being a public company activities to its reportable segments as these activities are managed at a corporate level.