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2. Acquisitions of Consolidated Properties: Schedule of Property Acquisitions (Tables)
3 Months Ended
Mar. 31, 2015
Tables/Schedules  
Schedule of Property Acquisitions

 

Date Acquired

 

Property Name

 

Location

 

Purchase Price

 

Debt Assumed

 

 

 

 

 

 

 

 

 

January 27, 2014

 

Scottsburg Healthcare Center

 

Scottsburg, Indiana

 

$ 112,500   

[1]  

$ 3,480,000   

February 7, 2014

 

Southern Hills Retirement Center

 

Tulsa, Oklahoma

 

2,000,000   

 

-   

 

[1] The purchase price for this property included the issuance of 150,000 shares of the Company’s common stock valued at $112,500.