Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

v3.20.2
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Schedule of Purchase Price of Property Acquired The purchase price of the property acquired in 2019 has been assigned as follows:

 

 

 

 

 

 

 

 

 

 

Consideration Paid

 

 

Acquisition Date Fair Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assumed

 

 

 

 

 

 

 

 

 

 

In-Place

 

 

Closing

 

 

 

Number of

 

Date of

 

Purchase

 

 

 

 

 

 

(Assets

 

 

 

 

 

 

Building and

 

 

Customer

 

 

Costs

 

State

 

Properties

 

Acquisition

 

Price

 

 

Cash Paid

 

 

Acquired)

 

 

Land

 

 

Equipment

 

 

Leases

 

 

Expensed

 

NY

 

1

 

11/19/2019

 

$

6,282,514

 

 

$

6,287,082

 

 

$

(4,568

)

 

$

628,251

 

 

$

5,240,825

 

 

$

413,438

 

 

$

 

Total

 

 

 

 

 

$

6,282,514

 

 

$

6,287,082

 

 

$

(4,568

)

 

$

628,251

 

 

$

5,240,825

 

 

$

413,438

 

 

$

 

 

Summary of Revenue and Earnings Associated with 2019 Acquisitions

The following table summarizes the Company’s revenue and earnings associated with the 2019 acquisition from the acquisition date, that are included in the consolidated statements of operations for the year ended December 31, 2019:

 

 

Year Ended

 

 

 

December 31, 2019

 

Total revenue

 

$

60,244

 

Net loss

 

 

(7,484

)