Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.7.0.1
Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue    
Rental revenue $ 4,629,259 $ 1,298,978
Other income 29,599 15,081
Total revenue 4,658,858 1,314,059
Expenses    
Acquisition fees 942,473 0
Acquisition fees - related party 0 754,000
General and administrative 2,840,807 888,529
Management fees - related party 627,147 90,000
Depreciation expense 1,346,053 398,830
Amortization expense 343,600 0
Interest expense 1,100,080 1,129,263
Total expenses 7,200,160 3,260,622
Net loss $ (2,541,302) $ (1,946,563)
Net loss per share - Basic and Diluted (in dollars per share) $ (0.14) $ (3.11)
Weighted average shares outstanding - Basic and Diluted (in shares) 17,605,675 624,978