Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.19.2
Property and Equipment (Tables)
6 Months Ended
Jun. 30, 2019
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment

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

 

    June 30,
2019
   

December 31,

2018

 
Land   $ 3,392,710     $ 3,392,710  
Buildings and building improvements     14,513,538       13,566,144  
Tenant improvements     5,625,882       5,348,882  
Furniture and fixtures     143,237       114,160  
Machinery and equipment     2,057,059       1,632,351  
Construction in progress     14,473,474       12,205,447  
      40,205,900       36,259,694  
Less: accumulated depreciation     (2,602,019 )     (2,159,830 )
Property and equipment, net   $ 37,603,881     $ 34,099,864