Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

v3.21.1
DEBT (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
SCHEDULE OF MORTGAGES PAYABLE

At March 31, 2021 and December 31, 2020, mortgage balances, including accrued interest, were comprised of the following:

 

    March 31,
2021
    December 31,
2020
 
Bank of New England – Massachusetts properties   $ 12,749,474     $ 12,834,090  
Bank of New England – Delaware property     1,547,757       1,575,658  
DuQuoin State Bank – Illinois properties     806,980       814,749  
South Porte Bank – Illinois property     894,587       906,653  
Total mortgages payable     15,998,798       16,131,150  
Mortgages payable, current portion     (1,382,411 )     (1,387,014 )
Mortgages payable, less current portion   $ 14,616,387     $ 14,744,136  
SCHEDULE OF AGGREGATE MATURITIES OF DEBT OUTSTANDING

 SCHEDULE OF AGGREGATE MATURITIES OF DEBT OUTSTANDING

2021   $ 1,270,010  
2022     516,481  
2023     3,761,529  
2024     582,894  
2025     623,170  
Thereafter     12,497,810  
Total     19,251,894  
Less discounts     (12,268 )
    $ 19,239,626