ACCRUED AND OTHER LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2018

ACCRUED AND OTHER LIABILITIES

Schedule of components of accrued and other liabilities

	As of
	September 30, 2018		December 31, 2017
Golf $1 Round Surcharge	$	630,000	$	700,000
Accrued Property Taxes		1,434,806		66,909
Tenant Leasing Reserve Escrow		619,623		—
Reserve for Tenant Improvements		109,781		3,302,831
Accrued Construction Costs		194,006		1,360,950
Accrued Interest		421,758		1,194,681
Environmental Reserve and Restoration Cost Accrual		550,811		866,936
Other		2,305,090		2,668,219
Total Accrued and Other Liabilities	$	6,265,875	$	10,160,526