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Consolidated Statements of Mezzanine Equity and Stockholders’ Deficit - USD ($)
REDEEMABLE NON-CONTROLLING INTEREST IN PRESIDENITAL REALTY OPERATING PARTNERSHIP LP
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at Dec. 31, 2016 $ 42 $ 3,108,471 $ (4,951,109) $ (1,842,596)
Stock based compensation 5 16,195 16,200
Stock issued for accrued director fees $ 4 $ 10,796 $ 10,800
Forgiveness of executive compensation (in Shares) 709,745 709,745
Contribution of equity interest in Avalon Jubilee, LLC $ 4,222,027
Net Income (loss) 54,874 312,494 312,494
Balance at Dec. 31, 2017 4,276,901 51 3,845,207 (4,638,615) (793,357)
Net Income (loss)     (4,308,176) (4,308,176)
Redemption of redeemable non-controlling interest in Presidential Realty Corporation Operating Partnership LP (4,276,901)   4,276,901   4,276,901
Balance at Dec. 31, 2018 51 8,122,108 (8,946,791) (824,632)
Net Income (loss) (21,119) (21,119)
Balance at Dec. 31, 2019 51 8,122,108 (8,967,910) (845,751)
Balance at Dec. 31, 2019 51 8,122,108 (8,967,910) (845,751)
Net Income (loss) (7,881) (7,881)
Balance at Dec. 31, 2020 $ 51 $ 8,122,108 $ (8,975,791) $ (853,632)