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FACILITY LEASES (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
SCHEDULE OF LEASING ARRANGEMENTS

The following table summarizes our leasing arrangements related to the Company’s healthcare facilities at December 31, 2021:

  

Facility 

Monthly Lease

Income (1)

   Lease Expiration  Renewal Option if any
Goodwill (1)  $54,617   February 1, 2027  Term may be extended for one additional five-year term.

 

(1) The lease became effective on February 1, 2017, and the facility began generating rental revenue thereafter.
SCHEDULE OF FUTURE CASH PAYMENTS FOR RENT RECEIVED DURING INITIAL TERM OF LEASE

Future cash payments for rent to be received during the initial terms of the leases for the next five years and thereafter are as follows:

 

Years Ending December 31,    
2022  $626,808 
2023   635,026 
2024   643,401 
2025   651,954 
2026   

660,665

 
2027 and Thereafter   55,116 
      
Total  $3,272,970