BUSINESS SEGMENT DATA (Tables)

3 Months Ended

Mar. 31, 2020

BUSINESS SEGMENT DATA

Schedule of operations in different segments

	Three Months Ended
	March 31, 2020		March 31, 2019
Revenues:
Income Properties	$	11,003,031	$	10,724,418
Management Services		702,601		—
Commercial Loan Investments		1,052,049		—
Real Estate Operations		80,751		234,901
Total Revenues	$	12,838,432	$	10,959,319
Operating Income (Loss):
Income Properties	$	8,889,936	$	8,791,930
Management Services		702,601		—
Commercial Loan Investments		1,052,049		—
Real Estate Operations		(1,443,615)		188,734
General and Corporate Expense		(9,548,711)		(5,847,907)
Gains on Disposition of Assets		—		6,869,957
Gain on Extinguishment of Debt		636,937
Total Operating Income	$	289,197	$	10,002,714
Depreciation and Amortization:
Income Properties	$	4,547,421	$	3,339,856
Corporate and Other		5,050		6,431
Total Depreciation and Amortization	$	4,552,471	$	3,346,287
Capital Expenditures:
Income Properties	$	137,991,507	$	58,005
Commercial Loan Investments		6,754,375		—
Discontinued Real Estate Operations		—		870,509
Corporate and Other		5,846		2,061
Total Capital Expenditures	$	144,751,728	$	930,575

	As of
	March 31, 2020		December 31, 2019
Identifiable Assets:
Income Properties	$	586,557,285	$	464,285,272
Commercial Loan Investments		40,748,068		35,742,218
Real Estate Operations		66,725,192		65,554,619
Discontinued Land Operations		833,372		833,167
Corporate and Other		22,171,814		136,870,927
Total Assets	$	717,035,731	$	703,286,203