CONSOLIDATED BALANCE SHEET	Dec. 31, 2016 USD ($)
Assets
Real estate assets, net	$ 55,775,068
Cash and cash equivalents	2,911,640
Restricted cash	54,054
Investments in securities	1,473,950
Accounts receivable	157,607
Prepaid expenses and other assets	265,045
Intangible assets, net	317,140
Goodwill	694,121
Total assets	61,648,625
Liabilities and equity
Note payable	19,374,971
Accounts payable and accrued expenses	1,723,458
Total liabilities	21,098,429
Commitments and contingencies
Equity
Common stock, $0.01 par value, 19,900,000 shares authorized; 7,619,469 issued and outstanding	76,195
Series A participating preferred stock, $0.01 par value, 100,000 shares authorized: zero shares issued and outstanding
Additional paid in capital	33,881,863
Accumulated comprehensive income	718,463
Retained earnings	5,873,675
Total equity	40,550,196
Total liabilities and equity	$ 61,648,625