Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.19.1
Property and Equipment (Tables)
 3 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

At March 31, 2019 and December 31, 2018, property and equipment consisted of the following:

 

    March 31,
2019 		   

December 31,

2018

  
Land   $ 3,392,710     $ 3,392,710  
Buildings and building improvements     13,651,246       13,566,144  
Tenant improvements     5,392,287       5,348,882  
Furniture and fixtures     143,237       114,160  
Machinery and equipment     1,872,681       1,632,351  
Construction in progress     13,345,944       12,205,447  
      37,798,105       36,259,694  
Less: accumulated depreciation     (2,375,970 )     (2,159,830 )
Property and equipment, net   $ 35,422,135     $ 34,099,864