Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.5.0.1
Consolidated Statements of Operations - USD ($)
4 Months Ended 12 Months Ended
Dec. 31, 2014
Dec. 31, 2015
Aug. 31, 2014
Revenue      
Rental revenue $ 596,585 $ 2,049,196 $ 379,678
Other income 71 12,471 727
Total revenue 596,656 2,061,667 380,405
Expenses      
Acquisition fees - related party 48,400 627,000 434,200
General and administrative 182,930 505,141 20,666
Management fees - related party 120,000 360,000 150,000
Depreciation expense 200,499 659,671 129,081
Interest expense 454,697 1,519,102 298,664
Total expenses 1,006,526 3,670,914 1,032,611
Net loss $ (409,870) $ (1,609,247) $ (652,206)
Net loss per share - Basic and Diluted (in dollars per share) $ (1.64) $ (6.44) $ (13.49)
Weighted average shares outstanding - Basic and Diluted (in shares) 250,000 250,000 48,356