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Recent Real Estate Transactions (Tables)
12 Months Ended
Dec. 31, 2016
Real Estate [Abstract]  
Properties Acquired and Sold

for the properties totaled $23.7 million. The Company allocated the purchase price of the properties acquired 2016 as follows:

 

     Land      Buildings
and Other
     Total
Purchase Price
 

Model Homes Properties

   $ 3,535,293      $ 20,132,242      $ 23,667,535  
  

 

 

    

 

 

    

 

 

 
   $ 3,535,293      $ 20,132,242      $ 23,667,535