ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Mar. 31, 2020

ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS

Schedule of assets and liabilities held for sale and discontinued operations

	As of March 31, 2020
	Land JV Assets		Single-Tenant Income Properties		Total Assets Held for Sale
Plant, Property, and Equipment—Net	$	—	$	3,800,429	$	3,800,429
Restricted Cash		833,372		—		833,372
Total Assets Held for Sale	$	833,372	$	3,800,429	$	4,633,801

	As of March 31, 2020
	Land JV Liabilities		Total Liabilities Held for Sale
Deferred Revenue	$	831,320	$	831,320
Total Liabilities Held for Sale	$	831,320	$	831,320

Summary of discontinued operations

	Three Months Ended
	March 31, 2019
Golf Operations Revenue	$	1,496,693
Golf Operations Direct Cost of Revenues		(1,711,330)
Loss from Operations		(214,637)
Loss from Discontinued Operations Before Income Tax		(214,637)
Income Tax Benefit		54,399
Loss from Discontinued Operations (Net of Income Tax)	$	(160,238)
Land Operations Revenue	$	3,300,000
Land Operations Direct Cost of Revenues		(1,579,101)
Income from Operations		1,720,899
Income from Discontinued Operations Before Income Tax		1,720,899
Income Tax Expense		(436,162)
Income from Discontinued Operations (Net of Income Tax)	$	1,284,737
Total Income from Discontinued Operations (Net of Income Tax)	$	1,124,499