Balance Sheet

v3.7.0.1
Balance Sheets - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current Assets    
Cash $ 640,282 $ 569,356
Accounts receivable 506,384 532,607
Deferred rent receivable 317,122 536,248
Due from third party 999,680 607,794
Due from - related party 158,880 136,394
Notes receivables - Current 120,920 120,920
Other current assets 556,796 237,345
Total Current Assets 3,300,064 2,740,664
Long Term Assets    
Notes receivables - long term 533,807 543,377
Rental properties 6,930,582 5,195,818
Rental equipments 85,306 83,242
Total Long Term Assets 7,549,695 5,822,437
Total Assets 10,849,759 8,563,101
Current Liabilities    
Account payable and accrued expenses 2,616,997 2,118,412
Due to related parties 148,963 148,337
Deferred revenue 226,950 226,950
Other payable 254,699 280,733
Mortgage payable 881,170 887,114
Notes Payable 3,875,000 3,475,000
Total Current Liabilities 8,003,779 7,136,546
Mortgage payable 1,955,427 1,977,998
Total Liabilities 9,959,206 9,114,544
Stockholders (Deficit)    
Series A preferred stock (par value $0.001 authorized 5,000,000 shares, no shares are issued and outstanding)
Series A preferred stock to be issued (500,000 and 0 shares as of March 31, 2017 and December 31, 2016, respectively) 500 300
Common Stock (Par value $0.001 authorized 100,000,000 shares, 64,244,170 and 64,074,683 common shares issued and outstanding as of March 31, 2017 and December 31, 2016 respectively) 64,244 64,075
Common stock subscribed but not yet issued (6,467,778 common shares as of March 31, 2017 and 400,000 as of December 31, 2016, respectively) 6,868 400
Subscription receivable (25,000) (25,000)
Common Stock Warrants 1,172,028 1,172,028
Additional Paid in Capital 9,750,939 8,457,407
Accumulated Deficit (10,777,657) (10,777,657)
Noncontrolling interest 698,632 557,006
Total stockholders deficit 890,554 (551,442)
Total Liabilities and Stockholders Deficit $ 10,849,759 $ 8,563,101

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