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Discontinued Operations (Tables) | 12 Months Ended
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Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract] |
Discontinued operations results of operations |
|  | Year ended |  | Year ended
|  | December 31, |  | December 31,
|  | 2018 |  | 2017
Revenues: |  |  |  |  |  |  |  |
Rental revenue |  | $ | 9,791 |  |  |  | 22,570 |
Revenue – reimbursements |  |  | 2,307 |  |  |  | 5,019 |
Total Revenues |  |  | 12,098 |  |  |  | 27,589 |
Cost of operations: |  |  |  |  |  |  |  |
Depreciation, depletion and amortization |  |  | 3,161 |  |  |  | 7,598 |
Operating expenses |  |  | 1,742 |  |  |  | 3,485 |
Property taxes |  |  | 1,286 |  |  |  | 3,008 |
Management company indirect |  |  | 1,360 |  |  |  | 734 |
Corporate expenses (Note 4 Related Party) |  |  | 1,462 |  |  |  | 200 |
Total cost of operations |  |  | 9,011 |  |  |  | 15,025 |
Total operating profit |  |  | 3,087 |  |  |  | 12,564 |
Interest expense |  |  | (587 | ) |  |  | (1,582 | )
Loss on investments land sold |  |  | — |  |  |  | — |
Gain on sale of buildings |  |  | 164,915 |  |  |  | — |
Income before income taxes |  |  | 167,415 |  |  |  | 10,982 |
Provision for (benefit from) income taxes |  |  | 45,286 |  |  |  | (21 | )
Income from discontinued operations |  | $ | 122,129 |  |  |  | 11,003 |
Discontinued operations balance sheet components |
|  | December 31 |  | December 31
Assets: |  | 2018 |  | 2017
Real estate investments at cost: |  |  |  |  |  |  |  |
Land |  | $ | 546 |  |  |  | 40,465 |
Buildings and improvements |  |  | 3,315 |  |  |  | 186,657 |
Projects under construction |  |  | — |  |  |  | 6,617 |
Total investments in properties |  |  | 3,861 |  |  |  | 233,739 |
Less accumulated depreciation and depletion |  |  | 2,374 |  |  |  | 68,049 |
Net investments in properties |  |  | 1,487 |  |  |  | 165,690 |
Accounts receivable, net |  |  | 910 |  |  |  | 405 |
Unrealized rents |  |  | 473 |  |  |  | 4,088 |
Deferred costs |  |  | 354 |  |  |  | 6,509 |
Other assets |  |  | — |  |  |  | 2 |
Assets of discontinued operations |  | $ | 3,224 |  |  |  | 176,694 |
Liabilities: |  |  |  |  |  |  |  |
Secured notes payable, current portion |  | $ | — |  |  |  | 23,825 |
Secured notes payable, less current portion |  |  | — |  |  |  | 4,338 |
Accounts payable and accrued liabilities |  |  | 205 |  |  |  | 2,289 |
Deferred revenue |  |  | 45 |  |  |  | 967 |
Tenant security deposits |  |  | 38 |  |  |  | 861 |
Liabilities of discontinued operations |  | $ | 288 |  |  |  | 32,280 |

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