Consolidated Balance Sheets - USD ($)	Sep. 30, 2017	Dec. 31, 2016
ASSETS
Land	$ 6,788,067	$ 6,788,067
Net investment in capital lease - railroad	9,150,000	9,150,000
Total real estate assets	15,938,067	15,938,067
Cash and cash equivalents	1,215,106	717,104
Prepaid expenses	46,729	31,371
Intangible assets, net of accumulated amortization	4,123,023	4,300,879
Other assets	184,130	227,510
TOTAL ASSETS	21,507,055	21,214,931
LIABILITIES AND EQUITY
Deferred revenue	171,647	48,188
Accounts payable	145,300	84,757
Accrued interest	90,082	94,356
Current portion of long-term debt	366,168	344,114
Long-term debt	9,527,994	9,868,402
TOTAL LIABILITIES	10,301,191	10,439,817
Series A 7.75% Cumulative Redeemable Perpetual Preferred Stock Par Value $25.00 (175,000 shares authorized; 144,636 issued and outstanding as of September 30, 2017 and December 31, 2016)	3,492,149	3,492,149
Equity:
Common Shares, $0.001 par value (100,000,000 shares authorized; 1,827,339 and 1,784,939 shares issued and outstanding at September 30, 2017 and December 31, 2016)	1,827	1,785
Additional paid-in capital	11,346,113	11,197,629
Accumulated deficit	(3,634,225)	(3,916,449)
Total Equity	7,713,715	7,282,965
TOTAL LIABILITIES AND EQUITY	$ 21,507,055	$ 21,214,931

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.