Schedule of Related Party Transactions (Tables)
|
12 Months Ended |
Dec. 31, 2015 |
|---|
| Convertible Debenture, due to Majority Stockholder |
|
| Schedule of Rollforward of the funding from ZH USA, LLC classified as convertible debenture, due to majority stockholder as of December 31, 2015 |
A rollforward of the funding from ZH USA, LLC classified as convertible debenture, due to majority stockholder as of December 31, 2015 is as follows: | | |
| Balance as of January 1, 2015
| $
| 5,446,102
|
| Funds advanced for Tennessee Facilities acquisition
|
| 20,900,000
|
| Funds advanced for West Mifflin acquisition
|
| 4,545,838
|
| Funds advanced for Plano acquisition (closed post 12.31.15; see Note 11)
|
| 9,000,000
|
| Fund advanced to be used for future acquisitions
|
| 138,194
|
| Total funded during twelve months ended December 31, 2015
|
| 34,584,032
|
| Balance as of December 31, 2015
| $
| 40,030,134
|
|
| Schedule of Rollforward of the funding from ZH USA, LLC classified as convertible debenture, due to majority stockholder as of December 31, 2014 |
A rollforward of the funding from ZH USA, LLC classified as convertible debenture, due to majority stockholder as of December 31, 2014 is as follows: | | |
| Balance as of September 1, 2014
| $
| 4,536,102
|
| Proceeds received for convertible debenture
|
| 910,000
|
| Balance as of December 31, 2014
| $
| 5,446,102
|
|
| Note Payable to Majority Stockholder |
|
| Schedule of Rollforward of the funding from the majority stockholder as of December 31, 2015 |
A rollforward of the funding from the majority stockholder as of December 31, 2015 is as follows: | | |
| Balance as of January 1, 2015
| $
| 38,195
|
| Proceeds received from majority stockholder
|
| 382,805
|
| Balance as of December 31, 2015
| $
| 421,000
|
|
| Schedule of Rollforward of the funding from the majority stockholder as of December 31, 2014 |
A rollforward of the funding from the majority stockholder as of December 31, 2014 is as follows: | | |
| Balance as of September 1, 2014
| $
| 38,195
|
| Proceeds received from majority stockholder
|
| -
|
| Repayments of note payable
|
| -
|
| Balance as of December 31, 2014
| $
| 38,195
|
|
| Due to Related Parties, Net (Tables) |
|
| Schedule of Rollforward of the due (to) from related parties balance, net as of December 31, 2015 |
A rollforward of the due (to) from related parties balance, net as of December 31, 2015 is as follows: | | | | | | |
|
|
| Due from Advisor
| Due to Advisor Mgmt. Fees
| Due to Advisor Other Funds
| Due to Other Related Party
| Total Due (To) From Related Parties, Net
|
|
|
|
|
|
|
|
|
| Balance as of January 1, 2015
| $
| 42,915
| (270,000)
| (103,683)
| -
| (330,768)
|
| Management fees due to Advisor (c)
|
| -
| (360,000)
| -
| -
| (360,000)
|
| Funds loaned by Advisor (a)
|
| -
| -
| (136,597)
| -
| (136,597)
|
| Funds loaned to Advisor (b)
|
| 135,196
| -
| -
| -
| 135,196
|
| Funds loaned by Other Related Party (a)
|
| -
| -
| -
| (155,000)
| (155,000)
|
| Balance as of December 31, 2015
| $
| 178,111
| (630,000)
| (240,280)
| (155,000)
| (847,169)
|
|
| Schedule of Rollforward of the due (to) from related parties balance, net as of December 31, 2014 |
A rollforward of the due (to) from related parties balance, net as of December 31, 2014 is as follows: | | | | | | |
|
|
| Due from Advisor
| Due to Advisor Mgmt. Fees
| Due to Advisor Other Funds
| Due to Other Related Party
| Total Due (To) From Related Parties, Net
|
|
|
|
|
|
|
|
|
| Balance as of September 1, 2014
| $
| -
| (150,000)
| (63,000)
| -
| (213,000)
|
| Management fees due to Advisor
|
| -
| (120,000)
| -
| -
| (120,000)
|
| Funds loaned by Advisor
|
| -
| -
| (40,683)
| -
| (40,683)
|
| Funds loaned to Advisor
|
| 42,915
| -
| -
| -
| 42,915
|
| Balance as of December 31, 2014
| $
| 42,915
| (270,000)
| (103,683)
| -
| (330,768)
|
|