Loans payable (Tables)

6 Months Ended

Jun. 30, 2017

Payables and Accruals [Abstract]

Schedule of loans payable

The loans payable is as follows:

	Interest rate		Maturity date	Principal Outstanding		Accrued interest		June 30, 2017		December 31, 2016
Cranberry Cove Holdings
First Mortgage	8.0	%	August 14, 2017	$	2,822,979	$	—	$	2,822,979	$	—
Second Mortgage	12.0	%	November 4, 2018		404,562		1,663		406,225		—
Seastone of Delray
Mortgage	5.0	%	February 13, 2020		2,989,937		5,480		2,995,417		—
				$	6,217,478	$	7,143	$	6,224,621	$	—
Disclosed as follows:
Short-term portion								$	3,234.684	$	—
Long-term portion									2,989,937		—
								$	6,224,621	$	—

Schedule of estimated principal repayments

The aggregate amount outstanding is payable as follows:

	Amount
2017	$	3,234,684
2018		—
2019		—
2020		2,989,937
Total	$	6,224,621