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Loans payable (Tables)
12 Months Ended
Dec. 31, 2017
Payables and Accruals [Abstract]  
Loans Payable

Loans payable is as follows:

 

    Interest
rate
    Maturity date   Principal
Outstanding
    Accrued
interest
    December 31,
2017
    December 31,
2016
 
                                   
Cranberry Cove Holdings                                            
First Mortgage     8.0 %   August 14, 2017   $     $     $     $  
Second Mortgage     12.0 %   November 4, 2018                        
Pace Mortgage     4.2 %   July 19,2022     4,343,376       5,998       4,349,374        
Seastone of Delray                                            
Mortgage     5.0 %   February 13, 2020     2,974,526     $ 12,394       2,986,920        
                $ 7,317,902     $ 18,392     $ 7,336,294     $  
Disclosed as follows:                                            
Short-term portion                               $ 152,402     $  
Long-term portion                                 7,183,892        
                                $ 7,336,294     $  

  

The aggregate amount outstanding is payable as follows:

 

    Amount  
2018     134,010  
2019     110,444  
2020     3,048,904  
2021     115,662  
2022     3,908,884  
Total   $ 7,317,902