XML 22 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
3 Months Ended 5 Months Ended
Jun. 30, 2016
Jun. 30, 2016
Revenues    
Rental income $ 1,104,832 $ 1,998,768
Other property related income 40,453 71,745
Total revenues 1,145,285 2,070,513
Expenses    
Property operations 489,442 924,239
General and administrative 354,207 661,453
Depreciation and amortization 189,008 358,975
Business development and property acquisition costs 154,798 159,033
Total expenses 1,187,455 2,103,700
Operating loss (42,170) (33,187)
Other income (expense)    
Dividend and interest income 46,516 86,654
Interest expense (16,652) (16,652)
Total other income, net 29,864 70,002
Net income (loss) $ (12,306) $ 36,815
Earnings per share - basic and diluted $ 0.00 $ 0.00
Weighted average shares outstanding - basic and diluted 7,416,766 7,416,766