BUSINESS SEGMENT DATA (Tables)

6 Months Ended

Jun. 30, 2020

BUSINESS SEGMENT DATA

Schedule of operations in different segments

	Three Months Ended				Six Months Ended
	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Revenues:
Income Properties	$	11,473,112	$	10,375,295	$	22,476,143	$	21,099,713
Management Services		695,051		—		1,397,652		—
Commercial Loan Investments		835,190		52,765		1,887,239		52,765
Real Estate Operations		6,390		260,771		87,141		495,672
Total Revenues	$	13,009,743	$	10,688,831	$	25,848,175	$	21,648,150
Operating Income:
Income Properties	$	8,904,650	$	8,740,575	$	17,794,586	$	17,532,505
Management Services		695,051		—		1,397,652		—
Commercial Loan Investments		835,190		52,765		1,887,239		52,765
Real Estate Operations		(50,245)		220,642		(1,493,860)		409,376
General and Corporate Expense		(7,191,858)		(6,193,763)		(16,740,569)		(12,041,670)
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		—
Total Operating Income	$	10,773,190	$	14,632,126	$	11,062,387	$	24,634,840
Depreciation and Amortization:
Income Properties	$	5,015,590	$	4,068,968	$	9,563,011	$	7,408,824
Corporate and Other		5,597		5,619		10,647		12,050
Total Depreciation and Amortization	$	5,021,187	$	4,074,587	$	9,573,658	$	7,420,874
Capital Expenditures:
Income Properties	$	250,085	$	40,972,487	$	138,241,592	$	41,030,492
Commercial Loan Investments		—		7,840,000		6,754,375		7,840,000
Discontinued Real Estate Operations		—		1,028,984		—		1,899,493
Corporate and Other		6,471		—		12,317		2,061
Total Capital Expenditures	$	256,556	$	49,841,471	$	145,008,284	$	50,772,046

	As of
	June 30, 2020		December 31, 2019
Identifiable Assets:
Income Properties	$	560,086,707	$	464,285,272
Commercial Loan Investments		18,494,950		35,742,218
Real Estate Operations		67,014,688		65,554,619
Discontinued Land Operations		833,167		833,167
Corporate and Other		42,423,359		136,870,927
Total Assets	$	688,852,871	$	703,286,203