Balance Sheet

v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 652,998 $ 569,356
Accounts receivable, net 1,325,688 532,607
Deferred rents receivable 608,135 536,248
Due from third parties 1,024,263 556,680
Due from related parties 134,781 187,508
Note receivable, current portion 44,053 40,130
Other current assets 82,425 16,003
Total current assets 3,872,343 2,438,532
Fixed assets, net 16,544,124 5,305,060
Note receivable, long-term portion 590,619 624,167
Other assets 365,332 195,342
Total assets 21,372,418 8,563,101
Current liabilities:    
Accounts payable and accrued expenses 5,092,162 2,159,129
Due to related parties 94,996 148,338
Mortgages payable, current portion 119,595 113,115
Notes payable 1,825,000 3,475,000
Deferred revenue 226,950
Other current liabilities 225,000 225,000
Total current liabilities 7,356,753 6,347,532
Mortgages payable, long-term portion 2,664,894 2,751,997
Notes payable 3,250,000
Other liabilities 15,513 15,013
Total liabilities 13,287,160 9,114,542
Stockholders' equity:    
Series A preferred stock, $0.001 par value; 50,000,000 and 5,000,000 shares authorized at September 30, 2017 and December 31, 2016, respectively; no shares issued or outstanding at September 30, 2017 and December 31, 2016
Series A preferred stock subscribed but not yet issued; 500,000 and 300,000 shares at September 30, 2017 and December 31, 2016, respectively 500 300
Common stock, $0.001 par value; 500,000,000 and 100,000,000 shares authorized at September 30, 2017 and December 31, 2016, respectively; 166,170,991 and 64,074,683 shares issued at September 30, 2017 and December 31, 2016, respectively; 166,080,991 and 64,074,683 shares outstanding at September 30, 2017 and December 31, 2016, respectively 166,171 64,075
Common stock subscribed but not yet issued; 4,800,000 and 400,000 shares at September 30, 2017 and December 31, 2016, respectively 4,800 400
Subscriptions receivable (25,000) (25,000)
Common stock warrants 1,452,355 1,172,028
Treasury stock, at cost; 90,000 and zero shares at September 30, 2017 and December 31, 2016, respectively (45,000)
Additional paid-in capital 16,451,922 8,457,407
Accumulated deficit (10,655,348) (10,777,657)
Non-controlling interests 734,858 557,006
Total stockholders' equity 8,085,258 (551,441)
Total liabilities and stockholders' equity $ 21,372,418 $ 8,563,101

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