2. Acquisitions of Consolidated Properties: Schedule of Property Acquisitions (Tables)

9 Months Ended

Sep. 30, 2015

Tables/Schedules

Schedule of Property Acquisitions

Date Acquired	Property Name	Location	Purchase Price		Debt Assumed(5)
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		-
May 19, 2014	Goodwill Nursing Home	Macon, Georgia	800,000		4,813,346
September 16, 2014	Edwards Redeemer Health & Rehabilitation	Oklahoma City, Oklahoma	491,487	(2)	2,254,581
September 16, 2014	Providence of Sparta Nursing Home	Sparta, Georgia	61,930	(3)	2,775,000
September 16, 2014	Providence of Greene Pointe Healthcare Center	Union Point, Georgia	73,253	(4)	2,875,000
September 30, 2014	Meadowview Healthcare Center	Seville, Ohio	3,000,000		-

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

(2)     The purchase price for this property was paid through forgiveness of an advance owed to the Company by Christopher Brogdon.

(3)     The purchase price for this property included the issuance of 61,930 shares of the Company’s common stock valued at $61,930.

(4)     The purchase price for this property included the issuance of 73,253 shares of the Company’s common stock valued at $73,253.

(5)     Does not include new financing in the form of unsecured subordinated debt.