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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues        
Total Revenues $ 13,009,743 $ 10,688,831 $ 25,848,175 $ 21,648,150
Direct Cost of Revenues        
Total Direct Cost of Revenues (2,625,097) (1,674,849) (6,262,558) (3,653,504)
General and Administrative Expenses (2,170,671) (2,119,176) (5,262,411) (4,620,796)
Impairment Charges     (1,904,500)  
Depreciation and Amortization (5,021,187) (4,074,587) (9,573,658) (7,420,874)
Total Operating Expenses (9,816,955) (7,868,612) (23,003,127) (15,695,174)
Gain on Disposition of Assets 7,075,858 11,811,907 7,075,858 18,681,864
Gain on Extinguishment of Debt 504,544   1,141,481  
Other Gains and Income 7,580,402 11,811,907 8,217,339 18,681,864
Total Operating Income 10,773,190 14,632,126 11,062,387 24,634,840
Investment and Other Income (Loss) 8,469,612 14,560 (4,716,786) 53,315
Interest Expense (2,452,962) (3,042,058) (5,905,560) (5,965,287)
Income from Continuing Operations Before Income Tax Expense 16,789,840 11,604,628 440,041 18,722,868
Income Tax Expense from Continuing Operations (4,179,316) (2,941,213) (91,376) (4,715,853)
Income from Continuing Operations 12,610,524 8,663,415 348,665 14,007,015
Income from Discontinued Operations (Net of Income Tax)-See Note 23   1,933,385   3,057,884
Net Income $ 12,610,524 $ 10,596,800 $ 348,665 $ 17,064,899
Basic and Diluted        
Net Income from Continuing Operations (in dollars per share) $ 2.71 $ 1.75 $ 0.07 $ 2.73
Net Income from Discontinued Operations (Net of Income Tax)   0.39   0.59
Net Income (in dollars per share) 2.71 2.14 0.07 3.32
Dividends Declared and Paid (in dollars per share) $ 0.25 $ 0.10 $ 0.50 $ 0.20
Income Properties        
Revenues        
Total Revenues $ 11,473,112 $ 10,375,295 $ 22,476,143 $ 21,099,713
Direct Cost of Revenues        
Total Direct Cost of Revenues (2,568,462) (1,634,720) (4,681,557) (3,567,208)
Depreciation and Amortization (5,015,590) (4,068,968) (9,563,011) (7,408,824)
Management Services        
Revenues        
Total Revenues 695,051   1,397,652  
Interest Income from Commercial Loan Investments        
Revenues        
Total Revenues 835,190 52,765 1,887,239 52,765
Real Estate Operations        
Revenues        
Total Revenues 6,390 260,771 87,141 495,672
Direct Cost of Revenues        
Total Direct Cost of Revenues $ (56,635) $ (40,129) $ (1,581,001) $ (86,296)