Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.19.1
Property and Equipment (Tables)
 12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Schedule of Fixed Assets

At December 31, 2018 and 2017, property and equipment consisted of the following:

 

    2018     2017  
Land   $ 3,392,710     $ 3,392,710  
Buildings and building improvements     13,566,144       3,918,359  
Tenant improvements     5,348,882       2,260,512  
Furniture and fixtures     114,160       95,815  
Machinery and equipment     1,632,351       506,464  
Construction in progress     12,205,447       17,279,949  
      36,259,694       27,453,809  
Less: accumulated depreciation     (2,159,830 )     (1,498,878 )
Property and equipment, net   $ 34,099,864     $ 25,954,931