Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.7.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
2 Months Ended 3 Months Ended
Mar. 31, 2016
Mar. 31, 2017
Cash flows from operating activities    
Net income (loss) $ 49,121 $ (14,266)
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation and amortization 201,369 449,234
Amortization of loan procurement costs   10,609
Combined results of operations of wholly owned subsidiaries prior to the change in status 15,816  
Cash from wholly owned subsidiaries consolidated upon change of status 298,003  
Changes in operating assets and liabilities:    
Restricted cash   2,804
Accounts receivable 12,389 64,471
Prepaid expenses and other assets (32,194) 29,705
Accounts payable and accrued expenses (41,282) 65,007
Net cash provided by operating activities 503,222 607,564
Cash flows from investing activities    
Proceeds from sale of investments 3,526,337  
Construction (229,793)  
Improvements and equipment additions (8,623) (121,890)
Net cash (used in) provided by investing activities 3,287,921 (121,890)
Cash flows from financing activities    
Dividends paid (482,090) (495,266)
Net cash provided by financing activities (482,090) (495,266)
Net (decrease) increase in cash and cash equivalents 3,309,053 (9,592)
Cash and cash equivalents, beginning of period 29,763 2,911,640
Cash and cash equivalents, end of period $ 3,338,816 2,902,048
Supplemental schedule of cash flow information    
Interest paid   $ 209,600