Quarterly report pursuant to Section 13 or 15(d)

Schedule of Deferred Financing Costs (Tables)

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Schedule of Deferred Financing Costs (Tables)
6 Months Ended
Jun. 30, 2015
Schedule of Deferred Financing Costs  
Schedule of Deferred Financing Costs

The Company incurred deferred financing costs related to the Omaha and Asheville loans.  A rollforward of the deferred financing cost balance as of June 30, 2015 is as follows:

 

Balance as of December 31, 2014, net

$

291,691

Amortization expense – six months ended June 30, 2015

 

(59,593)

Balance as of June 30, 2015, net

$

232,098