Annual report pursuant to Section 13 and 15(d)

SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF REGISTRANT - Balance Sheet (Details)

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SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF REGISTRANT - Balance Sheet (Details) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Assets        
Leased property, net of accumulated depreciation of $559,078 and $374,699 $ 509,226,215 $ 260,280,029    
Leased property held for sale, net of accumulated depreciation of $0 and $5,878,933 0 8,247,916    
Investments 8,393,683 9,572,181    
Cash and cash equivalents 14,618,740 7,578,164 $ 17,963,266 $ 17,680,783
Intangible lease asset, net of accumulated amortization of $0 and $1,021,784 0 72,987    
Prepaid expenses and other assets 491,024 732,110    
Total Assets 678,490,022 443,815,842    
Liabilities and Equity        
Current maturities of long-term debt 66,132,000 3,528,000    
Accounts payable and other accrued liabilities 2,317,774 3,935,307    
Management fees payable 1,763,747 1,164,399    
Line of credit 0 32,141,277    
Unearned revenue 0 711,230    
Long-term debt 151,243,153 63,532,000    
Total Liabilities 234,295,716 106,274,800    
Equity        
Series A Cumulative Redeemable Preferred Stock 7.375%, $56,250,000 liquidation preference ($2,500 per share, $0.001 par value), 10,000,000 authorized; 22,500 and 0 issued and outstanding as of December 31, 2015, and December 31, 2014 56,250,000 0    
Capital stock, non-convertible, $0.001 par value; 11,939,697 and 9,321,010 shares issued and outstanding at December 31, 2015, and December 31, 2014 (100,000,000 shares authorized) 11,940 9,321 4,831  
Additional paid-in capital 361,581,507 309,987,724 173,460,344  
Accumulated retained earnings 0 0 1,580,062  
Accumulated other comprehensive income 190,797 453,302 777,403 0
Total Equity 418,034,244 310,450,347    
Total Liabilities and Equity 678,490,022 443,815,842    
Parent Company [Member]        
Assets        
Leased property, net of accumulated depreciation of $559,078 and $374,699 4,234,578 4,418,957    
Leased property held for sale, net of accumulated depreciation of $0 and $5,878,933 0 8,247,916    
Investments 458,088,998 219,883,494    
Cash and cash equivalents 10,089,436 3,599,935 $ 16,649,618 $ 16,504,354
Due from subsidiary 8,317,719 12,236,050    
Note receivable from subsidiary 92,730,000 95,300,000    
Intangible lease asset, net of accumulated amortization of $0 and $1,021,784 0 72,987    
Deferred debt issuance costs, net of accumulated amortization of $674,658 and $69,772 2,450,323 1,645,887    
Deferred lease costs, net of accumulated amortization of $16,123 and $10,808 63,653 68,968    
Income tax receivable 4,394 319,122    
Prepaid expenses and other assets 116,475 147,114    
Total Assets 576,095,576 345,940,430    
Liabilities and Equity        
Current maturities of long-term debt 3,600,000 0    
Accounts payable and other accrued liabilities 1,300,792 1,339,739    
Management fees payable 1,763,747 1,164,399    
Due to affiliate 153,640 274,715    
Line of credit 0 32,000,000    
Unearned revenue 0 711,230    
Long-term debt 151,243,153      
Total Liabilities 158,061,332 35,490,083    
Equity        
Series A Cumulative Redeemable Preferred Stock 7.375%, $56,250,000 liquidation preference ($2,500 per share, $0.001 par value), 10,000,000 authorized; 22,500 and 0 issued and outstanding as of December 31, 2015, and December 31, 2014 56,250,000 0    
Capital stock, non-convertible, $0.001 par value; 11,939,697 and 9,321,010 shares issued and outstanding at December 31, 2015, and December 31, 2014 (100,000,000 shares authorized) 11,940 46,605    
Additional paid-in capital 361,581,507 309,950,440    
Accumulated retained earnings 0 0    
Accumulated other comprehensive income 190,797 453,302    
Total Equity 418,034,244 310,450,347    
Total Liabilities and Equity $ 576,095,576 $ 345,940,430