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OTHER ASSETS (Tables)
12 Months Ended
Dec. 31, 2019
OTHER ASSETS  
Schedule of components of other assets

 

 

 

 

 

 

 

 

 

As of

 

    

December 31,
2019

    

December 31,
2018

Income Property Tenant Receivables

 

$

532,636

 

$

627,691

Income Property Straight-line Rent Adjustment

 

 

3,352,245

 

 

4,304,279

Income Property Lease Incentive

 

 

 —

 

 

2,394,246

Interest Receivable from Commercial Loan Investment

 

 

96,604

 

 

 —

Operating Leases - Right-of-Use Asset

 

 

363,631

 

 

 —

Golf Rounds Surcharge - LPGA

 

 

549,251

 

 

 —

Cash Flow Hedge - Interest Rate Swap

 

 

99,021

 

 

651,722

Infrastructure Reimbursement Receivables

 

 

1,591,445

 

 

1,847,375

Deferred Deal Costs

 

 

4,787

 

 

425,476

Prepaid Expenses, Deposits, and Other

 

 

3,113,929

 

 

2,634,664

Total Other Assets

 

$

9,703,549

 

$

12,885,453