Annual report pursuant to Section 13 and 15(d)

DEBT (Tables)

v3.21.1
DEBT (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
SCHEDULE OF MORTGAGES PAYABLE

At December 31, 2020 and 2019, mortgage balances, including accrued but unpaid interest, were comprised of the following:

    2020     2019  
Bank of New England – Massachusetts properties   $ 12,834,090     $ 4,825,226  
Bank of New England – Delaware property     1,575,658       1,682,275  
DuQuoin State Bank – Illinois properties     814,749       829,229  
South Porte Bank – Illinois property     906,653       -  
Total mortgages payable     16,131,150       7,336,730  
Mortgages payable, current portion     (1,387,014 )     (223,888 )
Mortgages payable, less current portion   $ 14,744,136     $ 7,112,842  
SCHEDULE OF AGGREGATE MATURITIES OF DEBT OUTSTANDING

2021   $ 11,546,190  
2022     11,673,153  
2023     549,894  
2024     582,913  
2025     623,190  
Thereafter     12,497,217  
Total     37,472,557  
Less discounts     (767,550 )
    $ 36,705,007