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Segment Information | 6 Months Ended
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Jun. 30, 2020
Segment Reporting [Abstract] |
SEGMENT INFORMATION | NOTE 12 – SEGMENT INFORMATION For the three and six months ended June 30, 2020 and 2019, the Company operated in three reportable business segments - (1) the real property operating segment, (2) the medical related consulting services segment, and (3) the performing development services for hospitals and other customers and sales of developed products to hospitals and other customers segment. The Company's reportable segments are strategic business units that offer different services and products. They are managed separately based on the fundamental differences in their operations. Information with respect to these reportable business segments for the three and six months ended June 30, 2020 and 2019 was as follows:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Revenues |  |  |  |  |  |  |  |  |  |  |  |
Real property operations |  | $ | 301,267 |  |  | $ | 264,889 |  |  | $ | 598,223 |  |  | $ | 531,515 |
Medical related consulting services - related parties |  |  | - |  |  |  | 111,434 |  |  |  | - |  |  |  | 125,694 |
Development services and sales of developed products |  |  | - |  |  |  | 23,404 |  |  |  | - |  |  |  | 26,682 |
Total |  |  | 301,267 |  |  |  | 399,727 |  |  |  | 598,223 |  |  |  | 683,891 |
Costs and expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real property operations |  |  | 272,764 |  |  |  | 192,676 |  |  |  | 527,265 |  |  |  | 423,435 |
Medical related consulting services - related parties |  |  | - |  |  |  | 95,375 |  |  |  | - |  |  |  | 108,466 |
Development services and sales of developed products |  |  | - |  |  |  | 31,784 |  |  |  | - |  |  |  | 62,091 |
Total |  |  | 272,764 |  |  |  | 319,835 |  |  |  | 527,265 |  |  |  | 593,992 |
Gross profit (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real property operations |  |  | 28,503 |  |  |  | 72,213 |  |  |  | 70,958 |  |  |  | 108,080 |
Medical related consulting services - related parties |  |  | - |  |  |  | 16,059 |  |  |  | - |  |  |  | 17,228 |
Development services and sales of developed products |  |  | - |  |  |  | (8,380 | ) |  |  | - |  |  |  | (35,409 | )
Total |  |  | 28,503 |  |  |  | 79,892 |  |  |  | 70,958 |  |  |  | 89,899 |
Other operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real property operations |  |  | 103,218 |  |  |  | 67,691 |  |  |  | 214,034 |  |  |  | 177,597 |
Medical related consulting services - related parties |  |  | 175,891 |  |  |  | 60,943 |  |  |  | 331,126 |  |  |  | 240,071 |
Development services and sales of developed products |  |  | 30,240 |  |  |  | 222,077 |  |  |  | 66,239 |  |  |  | 442,958 |
Corporate/Other |  |  | 2,721,981 |  |  |  | 4,072,933 |  |  |  | 5,684,578 |  |  |  | 8,038,338 |
Total |  |  | 3,031,330 |  |  |  | 4,423,644 |  |  |  | 6,295,977 |  |  |  | 8,898,964 |
Other income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real property operations |  |  | - |  |  |  | (8,219 | ) |  |  | - |  |  |  | (32,877 | )
Corporate/Other |  |  | (42,469 | ) |  |  | (13,242 | ) |  |  | (84,638 | ) |  |  | (16,225 | )
Total |  |  | (42,469 | ) |  |  | (21,461 | ) |  |  | (84,638 | ) |  |  | (49,102 | )
Other income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real property operations |  |  | 4 |  |  |  | 7 |  |  |  | (931 | ) |  |  | 15 |
Medical related consulting services - related parties |  |  | (11,091 | ) |  |  | (9,743 | ) |  |  | (16,578 | ) |  |  | (21,854 | )
Development services and sales of developed products |  |  | 1 |  |  |  | 51 |  |  |  | 3 |  |  |  | 179 |
Corporate/Other |  |  | - |  |  |  | (63,925 | ) |  |  | - |  |  |  | (63,925 | )
Total |  |  | (11,086 | ) |  |  | (73,610 | ) |  |  | (17,506 | ) |  |  | (85,585 | )
Total other income (expense) |  |  | (53,555 | ) |  |  | (95,071 | ) |  |  | (102,144 | ) |  |  | (134,687 | )
Net loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Real property operations |  |  | 74,711 |  |  |  | 3,690 |  |  |  | 144,007 |  |  |  | 102,379 |
Medical related consulting services - related parties |  |  | 186,982 |  |  |  | 54,627 |  |  |  | 347,704 |  |  |  | 244,697 |
Development services and sales of developed products |  |  | 30,239 |  |  |  | 230,406 |  |  |  | 66,236 |  |  |  | 478,188 |
Corporate/Other |  |  | 2,764,450 |  |  |  | 4,150,100 |  |  |  | 5,769,216 |  |  |  | 8,118,488 |
Total |  | $ | 3,056,382 |  |  | $ | 4,438,823 |  |  | $ | 6,327,163 |  |  | $ | 8,943,752 |
Identifiable long-lived tangible assets at June 30, 2020 and December 31, 2019 |  | June 30, 2020 |  |  | December 31, 2019 |
Real property operating |  | $ | 7,668,501 |  |  | $ | 7,750,743 |
Medical related consulting services |  |  | 232,914 |  |  |  | 263,621 |
Development services and sales of developed products |  |  | 273,559 |  |  |  | 322,741 |
Total |  | $ | 8,174,974 |  |  | $ | 8,337,105 |
Identifiable long-lived tangible assets at June 30, 2020 and December 31, 2019 |  | June 30, 2020 |  |  | December 31, 2019 |
United States |  | $ | 7,746,413 |  |  | $ | 7,839,093 |
China |  |  | 428,561 |  |  |  | 498,012 |
Total |  | $ | 8,174,974 |  |  | $ | 8,337,105 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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