Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Schedule of Fixed Assets

At December 31, 2017 and 2016, property and equipment consisted of the following:

 

Description   2017     2016  
Land   $ 3,392,710     $ 592,210  
Buildings and building improvements     18,464,544       3,587,064  
Tenant improvements     4,223,903       1,923,890  
Furniture and fixtures     99,138       109,560  
Machinery and equipment     1,273,514       228,523  
                 
Less: accumulated depreciation     (1,498,878 )     (1,136,187 )
Property and equipment, net   $ 25,954,931     $ 5,305,060