Pro Forma Consolidated Financial Information

12 Months Ended

Dec. 31, 2018

Business Acquisition Pro Forma Information [Abstract]

Pro Forma Financial Information

Note 4. Pro Forma Consolidated Financial Information

The table set forth below summarizes, on a pro forma basis, the combined results of operations of the Company for the years ended December 31, 2018 and 2017. Such presentation reflects the Company’s acquisitions that occurred during 2018 and 2017, which met the GAAP definition of a business in effect at that time, as if the acquisitions were completed as of January 1, 2017. However, for acquisitions of properties that were not operational as of this date, the pro forma information includes these acquisitions as of the date that formal operations began. As none of the Company’s acquisitions that were completed during the year ended December 31, 2018 met the revised definition of a business, no adjustments for these acquisitions have been reflected in the pro forma information below. This pro forma information does not purport to represent what our actual consolidated results of operations would have been for the periods indicated, nor does it purport to predict the results of operations for future periods.

	Year Ended December 31, 2018			Year Ended December 31, 2017
Pro forma revenue	$	23,372,722		$	6,494,483
Pro forma operating expenses		(29,392,193	)		(10,419,169	)
Pro forma net loss attributable to common    stockholders	$	(13,865,962	)	$	(6,722,174	)

The pro forma consolidated financial information for the years ended December 31, 2018 and 2017 were adjusted to exclude none and approximately $2.7 million, respectively, for acquisition related expenses.