Acquisition of ARIA (formerly known as Seastone Delray) (Tables)

12 Months Ended

Dec. 31, 2018

Acquisition Of Business Of Seastone Of Delray Tables

Schedule of acquisition of ARIA (formerly known as Seastone Delray)

The assets acquired were as follows: 

	Amount
Purchase price paid:
Cash paid to seller	$	2,960,000
Deposits previously paid to seller		110,000
Mortgage liability funds		3,000,000
		6,070,000
Assets acquired:
Property		5,990,000
Furniture and fixtures		80,000
	$	6,070,000