Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.20.1
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

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

 

    2019     2018  
Land   $ 3,887,710     $ 3,392,710  
Buildings and building improvements     27,063,235       13,566,144  
Tenant improvements     7,762,991       5,348,882  
Furniture and fixtures     299,645       114,160  
Machinery and equipment     4,086,691       1,632,351  
Construction in progress     2,827,940       12,205,447  
      45,928,212       36,259,694  
Less: accumulated depreciation     (3,135,843 )     (2,159,830 )
Property and equipment, net   $ 42,792,369     $ 34,099,864