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Subsequent Events
3 Months Ended
Mar. 31, 2017
Subsequent Events [Abstract]  
Subsequent Events

12. SUBSEQUENT EVENTS

On April 7, 2017 the Company closed on the sale of the Shoreline Medical Building for approximately $8.2 million and paid off the related mortgage note payable totaling approximately $3.6 million. 

 

On May 8, 2017, the Company redeemed 1,000 shares of its Series B preferred stock for $1,000,000. As of May 11, 2017, the remaining outstanding share balance was 30,700.