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

 

 

 

 

 

 

 

 

 

 

As of

 

 

    

September 30,

2019

    

December 31,
2018

 

Deferred Oil Exploration Lease Revenue

 

$

 —

 

$

585,675

 

Deferred Revenue on Land Sales

 

 

831,320

 

 

831,320

 

Interest Reserve from Commercial Loan Investment

 

 

885,583

 

 

 —

 

Prepaid Rent

 

 

2,353,456

 

 

1,621,620

 

Tenant Contributions

 

 

2,932,198

 

 

4,104,151

 

Other Deferred Revenue

 

 

455,108

 

 

58,838

 

Total Deferred Revenue

 

$

7,457,665

 

$

7,201,604