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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Total Revenues $ 14,571,974 $ 11,329,979 $ 40,420,149 $ 32,978,129
Direct Cost of Revenues        
Total Direct Cost of Revenues (5,274,458) (1,484,772) (11,537,016) (5,138,276)
General and Administrative Expenses (3,340,982) (2,260,728) (8,603,393) (6,881,524)
Impairment Charges     (1,904,500)  
Depreciation and Amortization (4,762,057) (4,286,836) (14,335,715) (11,707,710)
Total Operating Expenses (13,377,497) (8,032,336) (36,380,624) (23,727,510)
Gain on Disposition of Assets 289,736 2,187,332 7,365,594 20,869,196
Gain on Extinguishment of Debt     1,141,481  
Other Gains and Income 289,736 2,187,332 8,507,075 20,869,196
Total Operating Income 1,484,213 5,484,975 12,546,600 30,119,815
Investment and Other Income (Loss) (1,029,496) 33,048 (5,746,282) 86,363
Interest Expense (2,477,232) (3,253,908) (8,382,792) (9,219,195)
Income (Loss) from Continuing Operations Before Income Tax Benefit (Expense) (2,022,515) 2,264,115 (1,582,474) 20,986,983
Income Tax Benefit (Expense) from Continuing Operations 501,011 (573,731) 409,635 (5,289,584)
Income (Loss) from Continuing Operations (1,521,504) 1,690,384 (1,172,839) 15,697,399
Income (Loss) from Discontinued Operations (Net of Income Tax)-See Note 23   (204,364)   2,853,520
Net Income (Loss) $ (1,521,504) $ 1,486,020 $ (1,172,839) $ 18,550,919
Basic and Diluted        
Net Income (Loss) from Continuing Operations $ (0.33) $ 0.35 $ (0.25) $ 3.11
Net Income (Loss) from Discontinued Operations (Net of Income Tax)   (0.04)   0.56
Basic and Diluted Net Income (Loss) per Share (0.33) 0.31 (0.25) 3.67
Dividends Declared and Paid (in dollars per share) $ 0.40 $ 0.11 $ 0.90 $ 0.31
Income Properties        
Revenues        
Total Revenues $ 12,933,029 $ 10,260,831 $ 35,409,172 $ 31,360,544
Direct Cost of Revenues        
Total Direct Cost of Revenues (3,592,875) (1,476,288) (8,274,432) (5,043,496)
Depreciation and Amortization (4,751,289) (4,281,286) (14,314,300) (11,690,110)
Management Services        
Revenues        
Total Revenues 682,153   2,079,805  
Direct Cost of Revenues        
Depreciation and Amortization     0  
Interest Income from Commercial Loan and Master Lease Investments        
Revenues        
Total Revenues 413,092 855,559 2,300,331 908,324
Real Estate Operations        
Revenues        
Total Revenues 543,700 213,589 630,841 709,261
Direct Cost of Revenues        
Total Direct Cost of Revenues $ (1,681,583) $ (8,484) $ (3,262,584) $ (94,780)