XML 41 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current assets    
Cash $ 1,120,636 $ 427,436
Tenant receivables 16,282   
Prepaid expenses and other current assets 14,908 2,244
Inventory 62,805   
Total current assets 1,214,631 429,680
Property and equipment, net 489,907 452,753
Deferred financing costs, net 89,444   
Tenant receivable 17,316   
Intangible assets, net 35,467   
Total Assets 1,846,765 882,433
Current liabilities    
Accounts payable and accrued expenses 76,287 43,212
Derivative liability 1,041,397   
Convertible notes payable (net of debt discount), current portion 5,927 5,356
Total current liabilities 1,123,611 48,568
Long term liabilities    
Convertible notes payable (net of debt discount), less current portion 767,059 609,950
Accrued stock payable 122,500   
Tenant deposits 1,250 1,250
Total Liabilities 2,014,420 659,768
Commitments and Contingencies      
Stockholders' Equity    
Preferred stock, no par value; 5,000,000 share authorized; no shares issued and outstanding at September 30, 2014 and December 31, 2013      
Common Stock, $0.01 par value; 100,000,000 shares authorized; 13,684,933 shares and 15,137,200 shares issued and outstanding on September 30, 2014 and December 31, 2013, respectively 136,849 151,372
Additional paid-in capital 3,581,847 782,225
Accumulated deficit (3,886,351) (710,962)
Total Stockholders' Equity (Deficiency) (167,665) 222,665
Total Liabilities & Stockholders' Equity (Deficiency) $ 1,846,765 $ 882,433