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NOTES PAYABLE (Tables)
 6 Months Ended
Jun. 30, 2022
Notes Payable  
Schedule of notes payable

Notes payable at June 30, 2022 and December 31, 2021, were comprised of the following.

 

   Interest
rate		  Due date 

June 30,

2022

   December 31,
2021		 
Short-term notes payable  12.0% 

Aug. – Nov. 2022

  $92,000   $118,000 
10% original issue discount senior secured notes         -    65,972,000 
AGREE Madison secured construction loans  7.0%  January 1, 2025   55,055,000    55,055,000 
SMC line of credit  15.5%  June 11, 2023   2,500,000    - 
SMC installment notes  7.6%  June 18, 2024   195,000    - 
SMC notes payable  6.0%  Sep. 2024 – Feb. 2025   353,000    - 
XBTO Trading note payable  12.5%  December 30, 2023   4,000,000    - 
Short-term bank line of credit  3.9%  Renews monthly   1,736,000    960,000 
Total notes payable        $63,931,000   $122,105,000 
Less:                
Unamortized debt discounts         (1,044,000)   (27,496,000)
Total notes payable, net        $62,887,000   $94,609,000 
Less: current portion         (7,340,000)   (39,554,000)
Notes payable – long-term portion        $55,547,000   $55,055,000