Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.19.3
Property and Equipment (Tables)
9 Months Ended
Sep. 30, 2019
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

At September 30, 2019 and December 31, 2018, property and equipment consisted of the following:

 

    September 30, 2019     December 31, 2018  
Land   $ 3,392,710     $ 3,392,710  
Buildings and building improvements     15,265,983       13,566,144  
Tenant improvements     5,798,164       5,348,882  
Furniture and fixtures     177,505       114,160  
Machinery and equipment     2,544,346       1,632,351  
Construction in progress     15,822,615       12,205,447  
      43,001,323       36,259,694  
Less: accumulated depreciation     (2,842,853 )     (2,159,830 )
Property and equipment, net   $ 40,158,470     $ 34,099,864