XML 18 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
11 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2017
Revenues    
Rental income $ 4,816,835 $ 7,238,819
Other property related income 159,529 233,974
Total revenues 4,976,364 7,472,793
Expenses    
Property operations 2,101,976 3,153,887
General and administrative 1,406,441 1,927,585
Depreciation and amortization 952,507 1,699,555
Business development and property acquisition costs 449,738 14,295
Total expenses 4,910,662 6,795,322
Operating income 65,702 677,471
Other income (expense)    
Dividend and interest income 172,724 57,073
Realized gain on investment securities 602,428  
Interest expense (456,719) (880,834)
Total other income (expense), net 318,433 (823,761)
Net income (loss) $ 384,135 $ (146,290)
Earnings per share - basic and diluted $ 0.05 $ (0.02)
Weighted average shares outstanding - basic and diluted 7,417,320 7,619,469