| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||||||||||
Net (loss) income | ||||||||||||||||
-356,424 | 16,718 | 249,233 | 136,845 | 187,823 | 75,479 | 89,368 | 395,475 | 59,126 | - | - | - | - | - | - | - | - |
Net income (loss) | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | -129,346 | 18,088 | -14,266 | 564,692 | -217,372 | -12,306 | 49,121 |
Adjustments to reconcile net (loss) income to net cash provided by operating activities | ||||||||||||||||
Depreciation and amortization | ||||||||||||||||
515,937 | 382,821 | 351,711 | 352,732 | 351,644 | 350,805 | 349,507 | 349,173 | 348,873 | 358,293 | 439,342 | 452,686 | 449,234 | 357,029 | 236,503 | 157,606 | 201,369 |
Unrealized loss (gain) on marketable equity securities | ||||||||||||||||
-190,405 | -161,397 | 127,820 | 72,833 | 154,449 | 20,096 | -180,021 | 217,349 | -41,907 | - | - | - | - | - | - | - | - |
Amortization of loan procurement costs | ||||||||||||||||
50,047 | 50,111 | 50,174 | 50,236 | 50,298 | 17,312 | 10,588 | 10,609 | 10,609 | 10,608 | 10,609 | 10,608 | 10,609 | - | - | - | - |
Stock-based compensation | ||||||||||||||||
29,162 | -32,331 | 29,430 | 51,730 | 54,160 | 26,730 | 26,729 | 26,428 | 884 | - | - | - | - | - | - | - | - |
Combined results of operations of wholly owned subsidiaries prior to the change in status | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,816 |
Cash from wholly owned subsidiaries consolidated upon change of status | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 1 | 166,582 | 298,003 |
Changes in operating assets and liabilities: | ||||||||||||||||
Accounts receivable | ||||||||||||||||
-55,423 | 61,995 | -3,861 | 14,604 | 23,736 | -28,862 | 8,313 | 6,968 | -22,104 | 2,965 | -19,922 | 27,110 | -64,471 | -66,277 | 41,726 | 21,524 | -12,389 |
Prepaid expenses and other assets | ||||||||||||||||
84,099 | -155,826 | 157,532 | 15,816 | 19,914 | -144,068 | 156,125 | -11,664 | 41,544 | -99,098 | 124,159 | -38,571 | -29,705 | 18,415 | 60,087 | -63,401 | 32,194 |
Accounts payable and accrued expenses | ||||||||||||||||
224,911 | -564,347 | 95,923 | 2,513 | 167,521 | 188,847 | -215,142 | 55,968 | 125,650 | 50,436 | 108,197 | 7,821 | 65,007 | -170,273 | 217,123 | 168,628 | -41,282 |
Net cash provided by operating activities | ||||||||||||||||
625,362 | 108,200 | 494,980 | 490,803 | 613,347 | 812,007 | 276,633 | 625,000 | 567,609 | - | - | - | - | - | - | - | - |
Cash flows from investing activities | ||||||||||||||||
Net cash provided by operating activities | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 604,760 | 240,104 | 58,383 | 506,571 | 503,222 |
Proceeds from sale of investments | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | -1,135,093 | 0 | -96,448 | 3,526,337 |
Construction | ||||||||||||||||
746,487 | 1,013,037 | 179,708 | 222,273 | 22,401 | -4,105 | 25,915 | 20,885 | 28,008 | - | - | - | - | - | - | 911,737 | 229,793 |
Improvements and equipment additions | ||||||||||||||||
53,643 | 4,476 | 31,833 | 14,487 | 7,390 | 57,487 | -14,338 | 26,509 | 24,171 | 46,105 | 16,260 | 74,823 | 121,890 | 56,777 | 99,591 | 15,810 | 8,623 |
Net cash used in investing activities | ||||||||||||||||
-800,130 | -7,304,595 | -211,541 | -236,760 | -29,791 | -53,382 | -11,577 | -47,394 | -52,179 | - | - | - | - | - | - | - | - |
Cash flows from financing activities | ||||||||||||||||
Principal payments on note payable | ||||||||||||||||
120,850 | 119,593 | 118,348 | 117,116 | 115,898 | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -121,890 | -3,843,590 | -14,272,134 | -1,023,995 | 3,287,921 |
Dividends paid | ||||||||||||||||
605,492 | 605,493 | 501,408 | 501,431 | 499,044 | 499,043 | 498,068 | 500,020 | 495,266 | 495,265 | 495,266 | 495,265 | 495,266 | 482,090 | 482,089 | 482,090 | 482,090 |
Net cash used in financing activities | ||||||||||||||||
-726,342 | 10,089,901 | -239,756 | -618,547 | -614,942 | -1,091,715 | -573,865 | -500,020 | -495,266 | - | - | - | - | - | - | - | - |
Net decrease in cash and cash equivalents | ||||||||||||||||
-901,110 | - | - | - | -31,386 | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in financing activities | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -495,266 | -482,090 | -395,784 | 18,785,359 | -482,090 |
Net (decrease) increase in cash and cash equivalents | ||||||||||||||||
- | - | - | - | - | - | - | 77,586 | 20,164 | -340,109 | -287,350 | -69,424 | -12,396 | -4,085,576 | -14,609,535 | 18,267,935 | 3,309,053 |
Supplemental schedule of cash flow information | ||||||||||||||||
Interest paid | ||||||||||||||||
267,132 | 203,090 | 205,163 | 205,981 | 207,200 | 208,671 | 209,203 | 209,600 | 209,600 | - | - | - | - | - | - | - | - |
Interest paid | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 209,600 | - | - | - | - |