Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.20.1
Property and Equipment (Tables)
3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

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

 

    March 31,
2020
    December 31,
2019
 
Land   $ 3,988,810     $ 3,887,710  
Buildings and building improvements     27,115,201       27,063,235  
Tenant improvements     8,084,071       7,762,991  
Furniture and fixtures     325,113       299,645  
Machinery and equipment     4,177,666       4,086,691  
Construction in progress     3,602,356       2,827,940  
      47,293,217       45,928,212  
Less: accumulated depreciation     (3,614,724 )     (3,135,843 )
Property and equipment, net   $ 43,678,493     $ 42,792,369