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DEFERRED REVENUE (Tables)
6 Months Ended
Jun. 30, 2019
DEFERRED REVENUE  
Schedule of components of deferred revenue

 

 

 

 

 

 

 

 

 

 

As of

 

 

    

June 30,
2019

    

December 31,
2018

 

Deferred Oil Exploration Lease Revenue

 

$

185,648

 

$

585,675

 

Deferred Revenue on Land Sales

 

 

831,320

 

 

831,320

 

Interest Reserve from Commercial Loan Investment

 

 

973,333

 

 

 —

 

Prepaid Rent

 

 

1,008,167

 

 

1,621,620

 

Tenant Contributions

 

 

3,980,349

 

 

4,104,151

 

Other Deferred Revenue

 

 

324,593

 

 

58,838

 

Total Deferred Revenue

 

$

7,303,410

 

$

7,201,604