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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities:    
Net cash flow provided by (used in) operating activities – continuing operations $ 319,688 $ (23,713)
Net cash flow provided by operating activities – discontinued operations 106,413 180,603
Net cash flows provided by operating activities 426,101 156,890
Investing activities:    
Capital expenditures (50,628) (3,719)
Net cash used in investing activities – continuing operations (50,628) (3,719)
Net cash used in investing activities – discontinued operations   (6,911)
Net cash used in investing activities (50,628) (10,630)
Financing activities:    
Subscriptions received for common stock through primary offering   6,962,029
Payment of underwriting compensation   (383,228)
Payment of cash distributions, net of distribution reinvestments (705,473) (176,860)
Redemptions of common stock 0 (25,382)
Payment of loan costs   (10,397)
Net cash flows (used in) provided by financing activities (705,473) 6,366,162
Net (decrease) increase in cash and restricted cash (330,000) 6,512,422
Cash and restricted cash at beginning of period, including assets held for sale 8,237,547 12,421,919
Cash and restricted cash at end of period, including assets held for sale $ 7,907,547 18,934,341
Amounts incurred but not paid (including amounts due to related parties):    
Selling commissions and Dealer Manager fees   2,809
Annual distribution and stockholder servicing fee   $ 1,031,613