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2. Acquisitions of Consolidated Properties: Schedule of total revenues and net income for properties acquired (Tables)
3 Months Ended
Mar. 31, 2015
Tables/Schedules  
Schedule of total revenues and net income for properties acquired

 

 

 

For the Three Months Ended March 31,

 

 

 

2015

 

2014

 

 

 

 

 

 

 

Revenues

 

$ 81,100   

 

$ 9,667   

 

Net Income (Loss)

 

(121,132)  

 

2,392,395   

[1]

 

[1] The purchase price allocation related to the acquisition of Southern Hills Retirement Center resulted in a bargain purchase gain of $3 million.