Zoned Properties (ZDPY) 10-Q 15 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 12, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	Zoned Properties, Inc.
Entity Central Index Key	1,279,620
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		17,155,125

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Cash	$ 816,640	$ 1,281,464
Rental properties, net (See Note 3)	7,642,196	7,224,593
Deferred rent receivable	13,406	8,909
Deferred rent receivable - related parties	609,739	367,013
Real estate tax escrow	85,221	46,072
Prepaid expenses and other current assets	55,167	105,684
Property and equipment, net	40,935	46,488
Security deposits	8,158	8,158
TOTAL ASSETS	9,271,462	9,088,381
LIABILITIES:
Mortgage payable	2,100,000	2,100,000
Convertible note payable	500,000	500,000
Convertible note payable - related party	500,000	500,000
Accounts payable	111,962	36,797
Accrued expenses	162,054	92,044
Accrued expenses - related parties	68,042	56,542
Security deposits payable	85,713	62,440
Total Liabilities	3,527,771	3,347,823
Commitments and Contingencies (See Note 9)
STOCKHOLDERS' EQUITY:
Preferred stock, $.001 par value, 5,000,000 shares authorized; 2,000,000 shares issued and outstanding at June 30, 2016 and December 31, 2015 ($1.00 per share liquidation preference)	2,000	2,000
Common stock: $.001 par value, 100,000,000 shares authorized; 17,135,850 and 17,080,850 issued and outstanding at June 30, 2016 and December 31, 2015, respectively	17,136	17,081
Additional paid-in capital	19,825,545	19,412,954
Accumulated deficit	(14,100,990)	(13,691,477)
Total Stockholders' Equity	5,743,691	5,740,558
Total Liabilities and Stockholders' Equity	$ 9,271,462	$ 9,088,381

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	2,000,000	2,000,000
Preferred stock, shares outstanding	2,000,000	2,000,000
Preferred stock, liquidation preference	$ 1	$ 1
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	17,135,850	17,080,850
Common stock, shares outstanding	17,135,850	17,080,850

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
REVENUES:
Rental revenues	$ 58,200	$ 84,843	$ 119,080	$ 167,018
Rental revenues - related parties	345,476	202,858	691,002	347,969
Total Revenues	403,676	287,701	810,082	514,987
OPERATING EXPENSES:
Compensation and benefits	93,561	111,238	273,385	178,164
Professional fees	205,678	520,048	482,200	641,053
General and administrative expenses	52,679	66,958	104,300	129,129
Depreciation and amortization	41,673	37,276	82,771	74,462
Property operating expenses	15,568	24,591	31,028	39,148
Real estate taxes	21,161	13,198	42,822	27,865
Consulting fees - related parties		24,100		45,350
Settlement expense	87,500	50,000	87,500	67,500
Total Operating Expenses	517,820	847,409	1,104,006	1,202,671
LOSS FROM OPERATIONS	(114,144)	(559,708)	(293,924)	(687,684)
OTHER INCOME (EXPENSES):
Interest expenses	(48,123)	(48,123)	(96,246)	(96,246)
Interest expenses - related parties	(8,750)	(8,750)	(17,500)	(17,500)
Loss on sale of property and equipment	(1,843)		(1,843)
Interest income		2,736		3,019
Total Other Expenses, net	(58,716)	(54,137)	(115,589)	(110,727)
LOSS BEFORE INCOME TAXES	(172,860)	(613,845)	(409,513)	(798,411)
PROVISION FOR INCOME TAXES
NET LOSS	$ (172,860)	$ (613,845)	$ (409,513)	$ (798,411)
NET LOSS PER COMMON SHARE:
Basic and Diluted	$ (0.01)	$ (0.03)	$ (0.02)	$ (0.04)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic and Diluted	17,135,809	19,031,853	17,123,975	18,781,304

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (409,513)	$ (798,411)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization expense	82,771	74,462
Stock-based compensation	205,575	45,000
Stock-based settlement expense		50,000
Accretion of stock-based stock option expense	162,071	313,511
Loss from sale of property and equipment	1,843
Deferred rent receivable	(4,497)	(2,970)
Deferred rent receivable - related parties	(242,726)	(44,054)
Change in operating assets and liabilities:
Real estate tax escrow	(39,149)	(415)
Prepaid expenses and other assets	50,517	26,189
Security deposits		(1,860)
Accounts payable	75,165	51,859
Accrued expenses	70,010	17,799
Accrued expenses - related parties	11,500	63,000
Security deposits payable	23,273
NET CASH USED IN OPERATING ACTIVITIES	(13,160)	(205,890)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of buildings and improvements	(452,164)
Cash received from sale of property and equipment	500
Acquisition of property and equipment		(6,961)
NET CASH USED IN INVESTING ACTIVITIES	(451,664)	(6,961)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from sale of common stock		1,000,000
Redemption of common stock		(2,250)
NET CASH PROVIDED BY FINANCING ACTIVITIES		997,750
NET (DECREASE) INCREASE IN CASH	(464,824)	784,899
CASH, beginning of period	1,281,464	1,066,377
CASH, end of period	816,640	1,851,276
Cash paid during the period for interest
Interest	96,250	96,246
Income taxes
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued for buildings and improvements	$ 45,000

Organization and Nature of Oper

Organization and Nature of Operations	6 Months Ended
	Jun. 30, 2016
Organization and Nature of Operations [Abstract]
ORGANIZATION AND NATURE OF OPERATIONS	NOTE 1 – ORGANIZATION AND NATURE OF OPERATIONS Organization Zoned Properties, Inc., formerly Vanguard Minerals Corporation (“Zoned Properties” or the “Company”), was incorporated in the State of Nevada on August 25, 2003. On May 2, 2006, the Company changed its name to Knewtrino, Inc. On August 10, 2007, the Company changed its name to Vanguard Minerals Corporation. The Company is a strategic real estate development firm whose primary mission is to identify, develop, and manage sophisticated, safe, and sustainable properties in emerging industries, including the licensed medical marijuana industry. The Company acquires commercial properties that face unique zoning challenges and identifies solutions that can potentially have a major impact on the cash flow and value generated. Zoned Properties targets commercial properties that can be acquired and potentially re-zoned for specific purposes. Zoned Properties does not grow, harvest, sell or distribute cannabis or any substances regulated under United States law such as the Controlled Substances Act. The Company has the following wholly-owned subsidiaries: · Gilbert Property Management, LLC was organized in the State of Arizona on February 10, 2014. · Tempe Industrial Properties, LLC was organized in the State of Arizona on February 19, 2014. · Chino Valley Properties, LLC (“Chino Valley”) was organized in the State of Arizona on April 15, 2014. · Kingman Property Group, LLC was organized in the State of Arizona on April 15, 2014. · Green Valley Group, LLC (“Green Valley”) organized in the State of Arizona on April 15, 2014. · Zoned Oregon Properties, LLC was organized in the State of Oregon on June 16, 2015. · Zoned Colorado Properties, LLC was organized in the State of Colorado on September 17, 2015. · Zoned Illinois Properties, LLC was organized in the State of Illinois on July 15, 2015.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2016
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation and principals of consolidation The accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and include the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated upon consolidation. The condensed consolidated financial statements for the three and six months ended June 30, 2016 and 2015 have been prepared by us without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. In the opinion of management, all adjustments necessary to present fairly our financial position, results of operations, and cash flows as of June 30, 2016 and 2015, and for the periods then ended, have been made. Those adjustments consist of normal and recurring adjustments. Operating results for interim periods are not necessarily indicative of results that may be expected for the fiscal year as a whole. Use of estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates for the six months ended June 30, 2016 and 2015 include the collectability of rent, the useful life of rental properties and property and equipment, assumptions used in assessing impairment of long-term assets, valuation allowances for deferred tax assets, and the fair value of non-cash equity transactions, including options and stock-based compensation. Risks and uncertainties The Company’s operations are subject to risk and uncertainties including financial, operational, regulatory and other risks including the potential risk of business failure. The Company conducts a significant portion of its business in Arizona. Consequently, any significant economic downturn in the Arizona market could potentially have an effect on the Company’s business, results of operations and financial condition. Fair value of financial instruments The carrying amounts reported in the consolidated balance sheets for cash and cash equivalents, note receivable, deferred rent receivable, prepaid expenses and other current assets, real estate tax escrow, short-term notes payable, mortgages payable, convertible notes payable, accounts payable, accrued expenses, and other payables approximate their fair market value based on the short-term maturity of these instruments. The Company analyzes all financial instruments with features of both liabilities and equity under the Financial Accounting Standard Board’s (the “FASB”) accounting standard for such instruments. Under this standard, financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company did not identify any assets or liabilities that are required to be presented on the balance sheet at fair value in accordance with ASC Topic 820. ASC 825-10 “Financial Instruments”, allows entities to voluntarily choose to measure certain financial assets and liabilities at fair value (fair value option). The fair value option may be elected on an instrument-by-instrument basis and is irrevocable, unless a new election date occurs. If the fair value option is elected for an instrument, unrealized gains and losses for that instrument should be reported in earnings at each subsequent reporting date. The Company did not elect to apply the fair value option to any outstanding instruments. Cash and cash equivalents Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments. The majority of the Company’s cash and cash equivalents are held at major commercial banks, which may at times exceed the Federal Deposit Insurance Corporation (“FDIC”) limit. To date, the Company has not experienced any losses on its invested cash. The Company had no cash equivalents at June 30, 2016 and December 31, 2015. At June 30, 2016, the Company had approximately $567,000 of cash in excess of FDIC limits. Accounts receivable The Company recognizes an allowance for losses on accounts receivable in an amount equal to the estimated probable losses net of recoveries. The allowance is based on an analysis of historical bad debt experience, current receivables aging, and expected future write-offs, as well as an assessment of specific identifiable customer accounts considered at risk or uncollectible. The expense associated with the allowance for doubtful accounts is recognized in general and administrative expense. Real estate tax escrow Real estate tax escrow consists of funds held for the purpose of real estate taxes owed. These funds will be released as required to satisfy tax payments as due. Rental properties Rental properties are carried at cost less accumulated depreciation and amortization. Betterments, major renovations and certain costs directly related to the improvement of rental properties are capitalized. Maintenance and repair expenses are charged to expense as incurred. Depreciation is recognized on a straight-line basis over estimated useful lives of the assets, which range from 7 to 39 years. Tenant improvements are amortized on a straight-line basis over the lives of the related leases, which approximate the useful lives of the assets. Upon the acquisition of real estate, we assess the fair value of acquired assets (including land, buildings and improvements, identified intangibles, such as acquired above-market leases and acquired in-place leases) and acquired liabilities (such as acquired below-market leases) and allocate the purchase price based on these assessments. The Company assesses fair value based on estimated cash flow projections that utilize appropriate discount and capitalization rates and available market information. Estimates of future cash flows are based on a number of factors including historical operating results, known trends, and market/economic conditions. The Company records acquired intangible assets (including acquired above-market leases and acquired in-place leases) and acquired intangible liabilities (including below-market leases) at their estimated fair value. The Company amortizes acquired above-and below-market leases as a decrease or increase to rental income, respectively, over the lives of the respective leases. Amortization of acquired in-place leases is included as a component of depreciation and amortization. For the six months ended June 30, 2016 and 2015, there were no acquired in-place leases. The Company’s properties, including any related intangible assets, are individually reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. An impairment exists when the carrying amount of an asset exceeds the aggregate projected future cash flows over the anticipated holding period on an undiscounted basis. An impairment loss is measured based on the excess of the property’s carrying amount over its estimated fair value. Impairment analyses are based on our current plans, intended holding periods and available market information at the time the analyses are prepared. If the Company’s estimates of the projected future cash flows, anticipated holding periods, or market conditions change, the Company’s evaluation of impairment losses may be different and such differences could be material to its consolidated financial statements. The evaluation of anticipated cash flows is subjective and is based, in part, on assumptions regarding future occupancy, rental rates and capital requirements that could differ materially from actual results. Plans to hold properties over longer periods decrease the likelihood of recording impairment losses. For the six months ended June 30, 2016 and 2015, the Company did not record any impairment losses. The Company has capitalized land, which is not subject to depreciation. Property and equipment Property and equipment is stated at cost, less accumulated depreciation. Depreciation of property and equipment is provided utilizing the straight-line method over the estimated useful lives. The Company uses a five year life for office equipment, seven years for furniture and fixtures, and 5 to 10 years for vehicles. Expenditures for maintenance and repairs are charged to expense as incurred. Upon sale or retirement of property and equipment, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in statements of operations. The Company examines the possibility of decreases in the value of these assets when events or changes in circumstances reflect the fact that their recorded value may not be recoverable. R evenue recognition Rental income includes base rents that each tenant pays in accordance with the terms of its respective lease and is reported on a straight-line basis over the non-cancellable term of the lease, which includes the effects of rent steps and rent abatements under the leases. We commence rental revenue recognition when the tenant takes possession of the leased space or controls the physical use of the leased space and the leased space is substantially ready for its intended use. Rental income also includes the amortization of acquired above-and below-market leases, net. Beginning in 2014, the Company began generating revenues from the non-residential rental properties. Certain of the Company’s leases currently contain rental increases at specified intervals. The Company records as an asset, and include in revenue, rents receivable that will be received if the tenant makes all rent payments required through the expiration of the initial term of the lease. Deferred rents receivable in the accompanying balance sheets includes the cumulative difference between rental revenue recorded on a straight-line basis and rents received from the tenants in accordance with the lease terms. Accordingly, management determines to what extent the deferred rent receivable applicable to each specific tenant is collectible. The Company reviews material rents receivable and takes into consideration the tenant’s payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. In the event that the collectability of rent receivable with respect to any given tenant is in doubt, we record an increase in the allowance for uncollectible accounts or the Company records a direct write-off of the specific rent receivable. No such reserves related to deferred rent receivable have been recorded as of June 30, 2016 and December 31, 2015. For the six months ended June 30, 2015, in connection with certain related party leases, the Company only included in revenues the amount of rents received from the related parties in accordance with the lease terms. On August 1, 2015, the Company transferred title to its Bernalillo, New Mexico property and the respective related party lease as part of a settlement agreement, and cancelled a related party lease in June 2015. Basic income (loss) per share Basic income (loss) per share is computed by dividing net income (loss) by weighted average number of shares of common stock outstanding during each period. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during the period. All potentially dilutive common shares were excluded from the computation of diluted shares outstanding as they would have an anti-dilutive impact on the Company’s net losses and consisted of the following: June 30, June 30, Convertible debt 200,000 200,000 Stock options 1,250,000 1,300,000 Segment reporting The Company’s business is comprised of one reportable segment. The Company has determined that its properties have similar economic characteristics to be aggregated into one reportable segment (operating, leasing and managing commercial properties). The Company’s determination was based primarily on its method of internal reporting. Income tax Deferred income tax assets and liabilities arise from temporary differences between the financial statements and tax basis of assets and liabilities, as measured by the enacted tax rates, which are expected to be in effect when these differences reverse. Deferred tax assets and liabilities are classified as current or non-current, depending upon the classification of the asset or liabilities to which they relate. Deferred tax assets and liabilities not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. The Company follows the provisions of FASB ASC 740-10 “Uncertainty in Income Taxes” (ASC 740-10). Certain recognition thresholds must be met before a tax position is recognized in the financial statements. An entity may only recognize or continue to recognize tax positions that meet a “more-likely-than-not” threshold. The Company does not believe it has any uncertain tax positions as of June 30, 2016 and 2015 that would require either recognition or disclosure in the accompanying consolidated financial statements. Stock-based compensation Stock-based compensation is accounted for based on the requirements of the Share-Based Payment Topic of ASC 718 which requires recognition in the financial statements of the cost of employee and director services received in exchange for an award of equity instruments over the period the employee or director is required to perform the services in exchange for the award (presumptively, the vesting period). The ASC also requires measurement of the cost of employee and director services received in exchange for an award based on the grant-date fair value of the award. Pursuant to ASC Topic 505-50, for share-based payments to consultants and other third-parties, compensation expense is determined at the “measurement date.” The expense is recognized over the service period of the award. Until the measurement date is reached, the total amount of compensation expense remains uncertain. The Company initially records compensation expense based on the fair value of the award at the reporting date. Related parties Parties are considered to be related to the Company if the parties, directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal with if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. Recently issued accounting pronouncements In May 2014, the FASB issued an update (“ASU 2014-09”) Revenue from Contracts with Customers. In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties About an Entity’s Ability to Continue as a Going Concern, In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes Income Taxes On January 5, 2016, the FASB issued ASU No. 2016-01 to amend the accounting guidance on the classification and measurement of financial instruments. The standard requires that all investments in equity securities, including other ownership interests, are carried at fair value through net income. This requirement does not apply to investments that qualify for equity method accounting or to those that result in consolidation of the investee or for which the entity has elected the predictability exception to fair value measurement. Additionally, the standard requires that the portion of the total fair value change caused by a change in instrument-specific credit risk for financial liabilities for which the fair value option has been elected would be recognized in other comprehensive income. Any accumulated amount remaining in other comprehensive income is reclassified to earnings when the liability is extinguished. The Company does not anticipate the guidance to have a material impact on its consolidated financial statements or notes to its consolidated financial statements. On February 25, 2016, the FASB issued ASU No. 2016-02 (“ASU 2016-02”) to amend the accounting guidance for leases. The accounting applied by a lessor is largely unchanged under ASU 2016-02. However, the standard requires lessees to recognize lease assets and lease liabilities for leases classified as operating leases on the balance sheet. Lessees will recognize in the statement of financial position a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. If a lessee makes this election, it will recognize lease expense for such leases generally on a straight-line basis over the lease term. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018 and early adoption is permitted. The Company is currently assessing the impact of the guidance on its consolidated financial statements and notes to its consolidated financial statements. On March 30, 2016, the FASB issued ASU No. 2016-09 (“ASU 2016-09”) to amend the accounting guidance for share-based payment accounting. The areas for simplification in ASU 2016-09 involve several aspects of the accounting for share-based payment transactions, including the income tax consequences, forfeitures, classification of awards as either equity or liabilities, and classification on the statement of cash flows. ASU 2016-09 is effective for annual periods beginning after December 15, 2016 and e arly adoption is permitted Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying consolidated financial statements.

Rental Properties

Rental Properties	6 Months Ended
	Jun. 30, 2016
Rental Properties [Abstract]
RENTAL PROPERTIES	NOTE 3 – RENTAL PROPERTIES On February 16, 2016, Chino Valley entered into a letter of intent (the “Chino Valley LOI”) with C3C3 Group, LLC (the “Tenant”) and Broken Arrow Herbal Center, Inc. (“Broken Arrow”). Each of the Tenant and Broken Arrow are owned by a significant stockholder of the Company. Pursuant to the terms of the Chino Valley LOI, the parties agreed to amend the existing lease agreement, dated August 6, 2015, to provide for the lease by Chino Valley to Tenant of approximately 45,000 square feet of space in Chino Valley, Arizona. The monthly rent due, pursuant to the terms of the Chino Valley LOI, will increase monthly; however, the increased rental revenue will be contingent upon the completion of the constructed expansion at the facility. In subsequent years beginning August 1, 2017, there will be a 5% annual increase in the monthly rent. The parties identified a budget of $2,000,000 for developing the property and constructing the tenant improvements. As of June 30, 2016, the existing lease agreement has not been amended. Through June 30, 2016, capitalized building improvements and construction in progress costs related to the China Valley LOI amounted to $388,200. The Chino Valley LOI and the Amendment to the lease agreement shall be contingent upon: (a) the Company obtaining financing for the development of the premises and the construction of the tenant improvements in such amount and on such terms and provisions as are acceptable to the Company in our sole and absolute discretion from a lender approved by us in our sole discretion, and (b) approval by the Town of Chino Valley of the Phased Protected Development Rights Plan. As of June 30, 2016, the Town of Chino Valley has granted the Company a five year Phased Protected Development Rights Plan for the Chino Valley Property with an option to extend for an additional two year term. In the event that the contingencies have not been satisfied, this LOI shall terminate, and all of the deposits, except for $100, shall be returned to Tenant. At June 30, 2016 and December 31, 2015, rental properties, net consisted of the following: Description Useful Life (Years) June 30, December 31, Building and building improvements 39 $ 4,950,016 $ 4,823,318 Construction in progress - 370,466 - Land - 2,589,667 2,589,667 Equipment 7 23,164 23,164 Rental properties, at cost 7,933,313 7,436,149 Less: accumulated depreciation (291,117 ) (211,556 ) Rental properties, net $ 7,642,196 $ 7,224,593 For the three months ended June 30, 2016 and 2015, depreciation and amortization of rental properties amounted to $40,160 and $35,722, respectively. For the six months ended June 30, 2016 and 2015, depreciation and amortization of rental properties amounted to $79,561 and $71,444, respectively.

Property and Equipment

Property and Equipment	6 Months Ended
	Jun. 30, 2016
Property and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 4 - PROPERTY AND EQUIPMENT At June 30, 2016 and December 31, 2015, property and equipment consisted of the following: Description Useful Life (Years) June 30, December 31, Vehicle and site trailers 5 – 10 $ 38,855 $ 42,555 Office furniture and equipment 5 – 7 12,225 12,225 51,080 54,780 Less: accumulated depreciation (10,145 ) (8,292 ) Property and equipment, net $ 40,935 $ 46,488 For the three months ended June 30, 2016 and 2015, depreciation expense amounted to $1,513 and $1,554, respectively. For the six months ended June 30, 2016 and 2015, depreciation expense amounted to $3,210 and $3,018, respectively.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 5 – RELATED PARTY TRANSACTIONS (A) Convertible notes payable – related parties On August 20, 2014, the Company received, pursuant to the terms of a Senior Convertible Debenture, $500,000 from a beneficial common stockholder who also holds 50% of the issued preferred stock. The Debenture bears interest at 7% and the principal balance and all accrued interest is due on the maturity date of August 20, 2017. The holder has the option after 12 months to convert all or a portion of the Debenture into shares of the Company’s common stock at the conversion price of $5.00 per share. As of June 30, 2016 and December 31, 2015, the principal balance due and owing under this Debenture is $500,000. As of June 30, 2016 and December 31, 2015, accrued interest payable amounted to $65,042 and $47,542, respectively, and is included in accrued expenses – related parties on the accompanying consolidated balance sheets. For the three months ended June 30, 2016 and 2015, interest expenses – related party amounted to $8,750 and $8,750, respectively. For the six months ended June 30, 2016 and 2015, interest expenses – related party amounted to $17,500 and $17,500, respectively. (B) Employment agreement On October 26, 2015, the Company entered into an engagement letter with a Company majority owned by the Company’s chief financial officer (“CFO”). Pursuant to the engagement letter, the Company shall pay to a base fee of $6,500 in cash per month of which $2,000 shall be deferred and paid upon the earlier of six months or a capital raise, and $3,500 per month payable quarterly in advance in common shares of the Company valued at the lower of the share price from the most recent capital raise or 60% of the bid price of the Company’s common stock at the last trading day of the previous quarter with a minimum number of common shares issuable per month of 1,250 shares. (C) Related party lease agreements During 2014, the Company entered into lease agreements with non-profit companies and other companies whose director is a beneficial stockholder of the Company. Additionally, i n August 2015, the (D) Related party letter of intent On February 16, 2016, Chino Valley entered into the “Chino Valley LOI with C3C3 Group, LLC (the “Tenant”) and Broken Arrow. Each of the Tenant and Broken Arrow are owned by a significant stockholder of the Company. Pursuant to the terms of the Chino Valley LOI, the parties agreed to amend the existing lease agreement, dated August 6, 2015, to provide for the lease by Chino Valley to Tenant of approximately 45,000 square feet of space in Chino Valley, Arizona. The monthly rent due, pursuant to the terms of the Chino Valley LOI, will increase monthly; however, the increased rental revenue will be contingent upon the completion of the constructed expansion at the facility. In subsequent years beginning August 1, 2017, there will be a 5% annual increase in the monthly rent. The parties identified a budget of $2,000,000 for developing the property and constructing the tenant improvements. As of June 30, 2016, the existing lease agreement has not been amended. Through June 30, 2016, capitalized construction in progress costs related to the Chino Valley LOI amounted to $388,200. The Chino Valley LOI and the Amendment to the lease agreement shall be contingent upon: (a) the Company obtaining financing for the development of the premises and the construction of the tenant improvements in such amount and on such terms and provisions as are acceptable to the Company in our sole and absolute discretion from a lender approved by us in our sole discretion, and (b) approval by the Town of Chino Valley of the Phased Protected Development Rights Plan. As of June 30, 2016, the Town of Chino Valley has granted the Company a five year Phased Protected Development Rights Plan for the Chino Valley Property with an option to extend for an additional two year term. In the event that the contingencies have not been satisfied, this LOI shall terminate, and all of the deposits, except for $100, shall be returned to Tenant.

Convertible Note Payable

Convertible Note Payable	6 Months Ended
	Jun. 30, 2016
Convertible Note Payable [Abstract]
CONVERTIBLE NOTE PAYABLE	NOTE 6 – CONVERTIBLE NOTE PAYABLE On August 20, 2014, the Company received $500,000 from a stockholder pursuant to the terms of a Senior Convertible Debenture. The Debenture bears interest at 7% and is payable monthly and the principal balance and any remaining unpaid interest is due on the maturity date of August 20, 2017. The holder has the option after 12 months to convert all or a portion of the Debenture into shares of the Company’s common stock at the conversion price of $5.00 per share. As of June 30, 2016 and December 31, 2015, the principal balance due and owing under this Debenture is $500,000.

Mortgage Payable

Mortgage Payable	6 Months Ended
	Jun. 30, 2016
Convertible Note Payable [Abstract]
MORTGAGE PAYABLE	NOTE 7 – MORTGAGE PAYABLE On March 7, 2014, the Company executed a $2,100,000 mortgage payable to acquire real estate having a carrying value of approximately $4,600,000. The mortgage bears interest at 7.5%. Monthly interest only payments began April 7, 2014 and continue each month thereafter until paid. The entire unpaid balance and accrued interest is due on March 7, 2019, the maturity date of the mortgage and is secured by the underlying property. The mortgage terms do not allow participations by the lender in either the appreciation in the fair value of the mortgaged real estate project or the results of operations of the mortgaged real estate project.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 8 – STOCKHOLDERS’ EQUITY (A) Preferred Stock On December 13, 2013, the Board of Directors of the Company authorized and approved the creation of a new class of Preferred Stock consisting of 5,000,000 shares authorized, $.001 par value. The preferred stock is not convertible into any other class or series of stock. The holders of the preferred stock are entitled to fifty (50) votes for each share held. Voting rights are not subject to adjustment for splits that increase or decrease the common shares outstanding. Upon liquidation, the holders of the shares will be entitled to receive $1.00 per share plus redemption provision before assets distributed to other shareholders. The holders of the shares are entitled to dividends equal to common share dividends. Once any shares of Preferred Stock are outstanding, at least 51% of the total number of shares of Preferred Stock outstanding must approve the following transactions: a. Alter or change the rights, preferences or privileges of the Preferred Stock. b. Create any new class of stock having preferences over the Preferred Stock. c. Repurchase any of our common stock. d. Merge or consolidate with any other company, except our wholly-owned subsidiaries. e. Sell, convey or otherwise dispose of, or create or incur any mortgage, lien, or charge or encumbrance or security interest in or pledge of, or sell and leaseback, in all or substantially all of our property or business. f. Incur, assume or guarantee any indebtedness maturing more than 18 months after the date on which it is incurred, assumed or guaranteed by us, except for operating leases and obligations assumed as part of the purchase price of property. (B) Common stock issued for services On January 1, 2016, pursuant to an engagement letter dated in October 2015, the Company issued 3,750 shares of its common stock to a Company majority owned by the Company’s CFO for services rendered. The shares were valued at their fair value of $10,500 or $2.80 per common share which was the fair value on the date of grant based on the value of services to be rendered. In connection with these shares, in January 2016, the Company recorded stock-based compensation expense of $10,500. On January 27, 2016, the Company issued an aggregate of 30,000 shares of common stock to three members of the Company’s board of directors (10,000 each) for services rendered. The shares were valued at their fair value of $135,000 using the quoted share price on the dates of grant of $4.50 per common share. In connection with these shares, in January 2016, the Company recorded stock-based compensation expense of $135,000. On February 1, 2016, pursuant to an engagement letter effective January 28, 2016, the Company agreed to issue an aggregate of 30,000 shares of its common stock to a company for architectural and design services to be rendered. Pursuant to the agreement, the Company shall issue 10,000 shares of common stock immediately and 20,000 shares of common stock at the completion of the engagement. The initial shares were valued at their aggregate fair value of $45,000 using the quoted share price on the date of grant of $4.50 per common share. In connection with the issuance of these shares, on February 1, 2016, the Company capitalized costs of $45,000 as part of construction in progress to be depreciated over the life of the building improvements. The Company shall value the remaining 20,000 shares when issued using the quoted share price on the measurement date, which shall be the date that the services are completed. Effective September 1, 2015, the Company entered into a one year consulting agreement with an investor relations firm for investor relations services. In connection with this consulting agreement, the Company shall compensate the consultant for services rendered 1) cash of $5,000 per month and 2) 7,500 restricted shares to be issued within the first thirty days of the contractual period and an additional 7,500 shares of restricted stock to be issued at the end of month seven. In connection with this agreement, on March 31, 2016, the Company issued 7,500 shares of restricted stock. The shares were valued at their aggregate fair value of $40,050 using the quoted share price on the dates of grant of $5.34 per common share. Accordingly, the Company recorded consulting fees of $40,050. On April 1, 2016, pursuant to an engagement letter dated in October 2015, the Company issued 3,750 shares of its common stock to a Company majority owned by the Company’s CFO for services rendered. The shares were valued at their fair value of $20,025 using the quoted share price on the dates of grant of $5.34 per common share. Accordingly, the Company recorded compensation expense of $20,025. (C) Equity Incentive Plan On October 1, 2014, the Board of Directors authorized the 2014 Equity Compensation Plan the (“Plan”), pursuant to which the Company reserved 10,000,000 shares of common stock for issuance under the Plan. The number of shares of common stock available for issuance under the Plan shall automatically increase on the first trading day of January each calendar year during the term of the Plan, beginning with calendar year 2015, by an amount equal to one and one-half percent (1.5%) of the total number of shares of common stock outstanding on the last trading day in December of the immediately preceding calendar year, but in no event shall any such annual increase exceed 400,000 shares of common stock. If any shares of common stock that have been granted pursuant to a stock option cease to be subject to a stock option, or if any shares of common stock that are subject to any other stock-based award granted are forfeited or terminated, such shares shall again be available for distribution in connection with future grants and awards under the Plan, The Plan’s purpose is to enable the Company to offer its employees, officers, directors and consultants an opportunity to acquire a proprietary interest in the Company for their contributions. As of June 30, 2016, 1,250,000 options are outstanding pursuant to the Plan and 8,700,000 shares are available for future issuance. (D) Stock options granted pursuant to consulting and employment agreements On May 6, 2015, the Company entered into a 36-month consulting agreement with a stockholder for business advisory services. In connection with this consulting agreement, the Company granted options to purchase 1,000,000 shares of the Company’s common stock at an exercise price of $1.00 per share under the Plan. The options vest as to 125,000 of such shares on July 1, 2015 and for each quarter thereafter through April 1, 2017, and expire on May 5, 2025 or earlier due to employment termination. The fair value of this option grant was estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted-average assumptions: dividend yield of 0%; expected volatility of 120%; risk-free interest rate of 2.25%; and, an estimated holding period of 10 years. In connection with these options, the Company valued these options at a fair value of $948,400 and will record stock-based consulting expense over the vesting period. For the three months ended June 30, 2016 and 2015, the Company recorded consulting expense of $79,570 and $270,208, respectively, related to these options. For the six months ended June 30, 2016 and 2015, the Company recorded consulting expense of $191,471 and $270,208, respectively, related to these options. In connection with an employment agreement with a former officer of the Company, the Company granted options to purchase 300,000 shares of the Company’s common stock at an exercise price of $1.00 per share to the employee under the Plan. The options vested as to 50,000 of such shares on August 1, 2015, and 50,000 options were to vest on May 1, 2016 and for each year thereafter through May 1, 2020, and expire five years from the date of grant or earlier due to employment termination. The fair value of these option grants was estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted-average assumptions: dividend yield of 0%; expected volatility of 120%; risk-free interest rate of 1.50%; and, an estimated holding period of 5 years. In connection with these options, the Company valued these options at a fair value of $248,100 and was recording stock-based consulting expense over the vesting period. For the three and six months ended June 30, 2015, the Company recorded stock-based compensation expense of zero and $43,303. Respectively, related to these options. In January 2016, the employee resigned and the employment agreement was terminated. Accordingly, on January 8, 2016, 250,000 non-vested options were cancelled. Accordingly upon termination, the Company reversed all stock-based compensation previously recognized on the non-vested stock options of $62,944 which was reflected as a reduction of compensation and benefits expense. Additionally, in April 2016, the remaining 50,000 vested stock options were cancelled due to employment termination. On December 30, 2015, the Company granted the Company’s Chief Executive Officer and President an option (the “Option”), pursuant to the Plan, to purchase 250,000 of the Company’s common stock at an exercise price of $1.00 per share. The grant date of the Option was December 30, 2015 and the Options expire on December 30, 2026. The options vest as to 25,000 of such shares on December 30, 2015, 25,000 options vest on December 30, 2016 and for each year thereafter through December 30, 2026. The fair value of this option grant was estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted-average assumptions: dividend yield of 0%; expected volatility of 120%; risk-free interest rate of 2.31%; and, an estimated holding period of 10 years. In connection with these options, the Company valued these options at a fair value of $237,150 and will record stock-based compensation expense over the vesting period. For the three months ended June 30, 2016 and 2015, the Company recorded stock-based compensation expense of $16,772 and zero, respectively. For the six months ended June 30, 2016 and 2015, the Company recorded stock-based compensation expense of $33,544 and zero, respectively. At June 30, 2016, there were 1,250,000 options outstanding and 525,000 options vested and exercisable. As of June 30, 2016, there was $282,765 of unvested stock-based compensation expense to be recognized through December 2024. The aggregate intrinsic value at June 30, 2016 was approximately $1,987,500 and was calculated based on the difference between the quoted share price on June 30, 2016 and the exercise price of the underlying options. Stock option activities for the six months ended June 30, 2016 are summarized as follows: Number of Weighted Weighted Average Remaining Aggregate Balance Outstanding 1,550,000 $ 1.00 - $ - Forfeited (300,000 ) 1,00 - - Balance Outstanding June 30, 2016 1,250,000 $ 1.00 8.82 $ 1,987,500 Exercisable, June 30, 2016 525,000 $ 1.00 8.82 $ 834,750

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 9 – COMMITMENTS AND CONTINGENCIES Legal matters Holistic Patient Wellness Group, LLC v. Zoned Properties, Inc.; Court Filed: Maricopa County Superior Court, Arizona; Case Number: CV2014-003047, which has been consolidated with CV2014-005642; Date Filed: March 14, 2014 Holistic Patient Wellness Group, LLC (“HPWG”) leased from the Company retail space in Tempe, Arizona to operate a medical marijuana cultivation site. HPWG claims that we violated the terms of the lease for various reasons. On May 23, 2014, we concluded that HPWG had breached the lease, and terminated the lease and retook possession of the property. On May 27, 2014, HPWG filed a petition for an order to show cause, seeking an expedited ruling on its claim that we violated the terms of the stipulated preliminary injunction. The court re-set the hearing multiple times, ultimately continuing it until March 17, 2015. On April 27, 2015, two entities related to HPWG moved for leave to amend their answer and counterclaim to assert several new claims against new parties, including us. On June 2, 2015, the court sua sponte Healing Healthcare 3, Inc.; Xingang, LLC v. v. Zoned Properties, Inc., et al.; Court Filed: Maricopa County Superior Court, Arizona; Case Number: CV2015-012264; Date Filed: October 21, 2015. On October 21, 2015, Healing Healthcare 3, Inc. (“HH3”) and Xingang, LLC filed a complaint against the Company, President and CEO Bryan McLaren, Board member Alex McLaren, and wholly-owned subsidiary Tempe Industrial Properties, LLC, among others. The complaint concerned the Company’s lease of space in Tempe, Arizona to operate a medical marijuana cultivation site. HH3 and Xingang claim that the Company and its related parties violated the terms of the lease for various reasons. On May 23, 2014, the Company concluded that the lease had been breached, and terminated the lease and retook possession of the property. Plaintiffs asserted various contract and tort claims against the Company and its related parties, and seeks $10,000 per day “for each day that the Company remained in possession of the Tempe Property in violation of the Lease,” attorneys’ fees and costs, treble damages, punitive damages, and interest. The complaint was served on the Company and its related parties on February 17, 2016. On March 8, 2016, the Company, Bryan McLaren, Alex McLaren, and TIP (the “Moving Parties”) filed a motion to dismiss the claims asserted against them in the complaint, with prejudice, on various grounds. On April 14, 2016, the court granted in part, and denied in part, the motion to dismiss. In sum, the court granted the dismissal of the contract claims against the McLarens without leave to amend; denied the dismissal of the two contract claims against the Company and TIP; and granted the dismissal of the remaining tort claims, subject to leave to amend the complaint within 20 days of the order. On May 5, 2016 HH# and Xingang filed an amended complaint with new fact allegations, reasserting the claims that had survived the motion to dismiss. A motion to dismiss the amended complaint was filed on behalf of the Company, Bryan McLaren, and TIP. The motion was fully-briefed, and by order dated July 8, 2016, the Court granted the motion to dismiss the claims asserted by Xingang but denied the rest of the motion. The Company, Bryan McLaren, and TIP filed their answer to the amended complaint on July 27, 2016. In a letter dated February 4, 2016, the Company’s former Chief Operating Officer (“COO”), through legal counsel, made a written demand on the Company related to her resignation on December 29, 2015. In her letter, the COO alleges, among other things, that we refused to establish a bonus program for the COO as had been represented to her before she joined the Company, that she was not allowed to perform her duties, and that she was subject to “mistreatment” by the Chief Executive Officer. The COO has demanded $500,000 to settle her purported claims. On February 18, 2016, the Company responded to the COO’s written demand, denied all liability, and offered an additional one-month of severance pay (approximately $8,350) in exchange for a full release to settle the dispute. On March 29, 2016, Ms. Haugland rejected the Company’s settlement offer without making a counter-offer, and proposed that the parties participate in mediation. On April 8, 2016, the Company rejected Ms. Haugland’s proposal for mediation, and re-urged its original settlement offer. Ms. Haugland’s deadline to respond was April 15, 2016. As of the date of this report, no response has been received by Ms. Haugland. In a letter dated April 4, 2016, a shareholder of the Company, a certain shareholder, through legal counsel, made a demand on the Company related to a certain reverse-stock split that occurred following changes in the composition of the Company’s officers and directors in 2014. In its letter, this shareholder alleged, among other things, that: the reverse-stock split was designed to dilute existing Company interests of existing shareholders and to further entrench new management’s control over the Company. This shareholder demanded that the board of directors bring a legal action against certain officers and directors and against the Company’s transfer agent for various alleged violations of federal and state law. This shareholder indicated its intent to file a putative shareholder derivative action if its demand were not accepted. The Company evaluated this shareholders demand and engaged in settlement talks for several weeks. On July 15, 2016, the parties entered into a Confidential Settlement Agreement and Mutual Release (the “Settlement Agreement”), whereby the Company will issue an aggregate of 50,000 shares of its common stock as follows: (a) 12,500 shares were issued within three days from execution of this Settlement Agreement, (b) 12,500 shall be issued on September 30, 2016, (c) 12,500 shares shall be issued on December 30, 2016, and (d) 12,500 shares shall be issued on March 31, 2017. At June 30, 2016, in connection with this settlement agreement, the Company recorded settlement expense and an accrued expense of $87,500. In a letter dated May 10, 2016, Marc Brannigan, the Company’s former CEO, and related parties (collectively “Brannigan”) sent a demand letter, through counsel, to the Company and certain other third-parties, claiming, among other things, that the Company improperly diluted Brannigan’s equity in the Company. Brannigan demands that the Company issue shares to “reverse” the dilution, invalidate shares improperly issued by the Company, pay unspecified damages, recover one-third of all Company shares owned by Alan Abrams and Chris Carra, and recover Brannigan’s purported majority ownership and voting control of the Company. The Company has evaluated Brannigan’s purported claims, and intends to vigorously defend against such claim. A mediation involving all interested parties occurred on July 29, 2016 and was unsuccessful. Rental property acquisitions On March 15, 2016, the Company entered into a letter of intent (the “Catalina Partners LOI”) with Catalina Partners III LLC (“Catalina Partners”) and Catalina Hills Botanical Care, Inc. (“Catalina Hills”) pursuant to which the parties agreed to work together in good faith to mutually agree on the terms of a lease agreement to be entered into by the parties. The Catalina Partners LOI and execution of the lease agreement were subject to certain contingencies, including acquisition by the Company of written approval of all due diligence and underwriting matters required by the Company and/or the Company’s lender, that the Company must have obtained commercially reasonable financing for the development of the premises and the construction of certain improvements, acquisition of necessary zoning and land use entitlements, and Catalina Partners’ obtaining necessary government approval to operate the premises as a medical marijuana cultivation and production facility (collectively, the “Contingencies”). The parties also agreed that in the event the Contingencies were not mutually satisfied on or before the date that is 90 days after execution of the Catalina Partners LOI, the Catalina Partners LOI would terminate. Because the 90-day period expired on June 18, 2016 and all of the Contingencies were not satisfied, the Catalina Partners LOI terminated effective June 18, 2016. On April 22, 2016, Zoned Colorado Properties, LLC (“Zoned Colorado”), a wholly owned subsidiary of the Company, entered into a Contract to Buy and Sell Real Estate (Commercial) (the “Agreement”) with Parachute Development Corporation (“Seller”) pursuant to which Zoned Colorado agreed to purchase, and Seller agreed to sell, property in Parachute, Colorado (the “Property”) for a purchase price of $499,857. Of the total purchase price, $274,857, or 55%, will be paid in cash at closing and $225,000, or 45%, will be financed by Seller at an interest rate of 6.5%, amortized over a five-year period, with a balloon payment at the end of the fifth year. Payments will be made monthly and there will be no pre-payment penalty. Pursuant to the terms of the Agreement, the parties will cooperate in good faith to complete due diligence during a period of 45 days following execution of the Agreement. The closing is subject to certain contingencies, including that Zoned Colorado must obtain acceptable financing for the purchase and development of the property, the grant of a special use permit by the Town of Parachute, approval of a protected development deal or equivalent agreement by the Town of Parachute, execution of a lease agreement by a prospective tenant and the prospective tenant’s obtaining a license to cultivate on the property. Pursuant to the terms of the Agreement, Zoned Colorado will have a right of first refusal on eleven additional lots owned by Seller in Parachute, Colorado. In April 2016, we paid a refundable deposit of $45,000 into escrow in connection with the Agreement. As of June 30, 2016, the Company and Seller are still cooperating to complete the purchase.

Concentrations

Concentrations	6 Months Ended
	Jun. 30, 2016
Concentrations [Abstract]
CONCENTRATIONS	NOTE 10 – CONCENTRATIONS Rental income and rent receivable – related parties During 2014, the Company entered into lease agreements with non-profit companies whose director is a beneficial stockholder of the Company. Additionally, during year ended December 31, 2015, the Company entered into lease agreements with companies owned by this beneficial stockholder of the Company. For the three months ended June 30, 2016 and 2015, rental revenue associated with these leases amounted to $345,476 and $202,858, which represents 85.6% and 70.5% of total revenues, respectively. For the six months ended June 30, 2016 and 2015, rental revenue associated with these leases amounted to $691,002 and $347,969, which represents 85.3% and 67.6% of total revenues, respectively. At June 30, 2016 and December 31, 2015, deferred rent receivable – related parties amounted to $609,739 and $367,013, respectively. A reduction in sales from or loss of such related party leases would have a material adverse effect on our consolidated results of operations and financial condition.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 11 – SUBSEQUENT EVENTS Common shares issued On July 1, 2016, pursuant to an engagement letter dated in October 2015, the Company issued 6,775 shares of its common stock to a Company majority owned by the Company’s CFO for services rendered. The shares were valued at their fair value of $20,025 using the quoted share price on the dates of grant of $2.54 per common share. Accordingly, the Company recorded compensation expense of $17,208. On July 15, 2016, pursuant to a Settlement Agreement (see Note 9), the Company agree to issue an aggregate of 50,000 shares of its common stock as follows: (a) 12,500 shares were issued within three days from execution of this Settlement Agreement, (b) 12,500 shall be issued on September 30, 2016, (c) 12,500 shares shall be issued on December 30, 2016, and (d) 12,500 shares shall be issued on March 31, 2017. On August 9, 2016, the Company’s Board of Directors authorized the 2016 Equity Incentive Plan (the “Plan”), which reserved 10,000,000 shares of common stock. If any share of common stock that have been granted pursuant to a stock option ceases to be subject to a stock option, or if any shares of common stock that are subject to any other stock-based award granted are forfeited or terminates, such shares shall again be available for distribution in connection with future grants and awards under the Plan, The Plans purpose is to enable the Company to offer its employees, officers, directors and consultants an opportunity to acquire a proprietary interest in the Company for their contributions.

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2016
Summary of Significant Accounting Policies [Abstract]
Basis of presentation and principals of consolidation	Basis of presentation and principals of consolidation The accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and include the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated upon consolidation. The condensed consolidated financial statements for the three and six months ended June 30, 2016 and 2015 have been prepared by us without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. In the opinion of management, all adjustments necessary to present fairly our financial position, results of operations, and cash flows as of June 30, 2016 and 2015, and for the periods then ended, have been made. Those adjustments consist of normal and recurring adjustments. Operating results for interim periods are not necessarily indicative of results that may be expected for the fiscal year as a whole.
Use of estimates	Use of estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates for the six months ended June 30, 2016 and 2015 include the collectability of rent, the useful life of rental properties and property and equipment, assumptions used in assessing impairment of long-term assets, valuation allowances for deferred tax assets, and the fair value of non-cash equity transactions, including options and stock-based compensation.
Risks and uncertainties	Risks and uncertainties The Company’s operations are subject to risk and uncertainties including financial, operational, regulatory and other risks including the potential risk of business failure. The Company conducts a significant portion of its business in Arizona. Consequently, any significant economic downturn in the Arizona market could potentially have an effect on the Company’s business, results of operations and financial condition.
Fair value of financial instruments	Fair value of financial instruments The carrying amounts reported in the consolidated balance sheets for cash and cash equivalents, note receivable, deferred rent receivable, prepaid expenses and other current assets, real estate tax escrow, short-term notes payable, mortgages payable, convertible notes payable, accounts payable, accrued expenses, and other payables approximate their fair market value based on the short-term maturity of these instruments. The Company analyzes all financial instruments with features of both liabilities and equity under the Financial Accounting Standard Board’s (the “FASB”) accounting standard for such instruments. Under this standard, financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company did not identify any assets or liabilities that are required to be presented on the balance sheet at fair value in accordance with ASC Topic 820. ASC 825-10 “Financial Instruments”, allows entities to voluntarily choose to measure certain financial assets and liabilities at fair value (fair value option). The fair value option may be elected on an instrument-by-instrument basis and is irrevocable, unless a new election date occurs. If the fair value option is elected for an instrument, unrealized gains and losses for that instrument should be reported in earnings at each subsequent reporting date. The Company did not elect to apply the fair value option to any outstanding instruments.
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments. The majority of the Company’s cash and cash equivalents are held at major commercial banks, which may at times exceed the Federal Deposit Insurance Corporation (“FDIC”) limit. To date, the Company has not experienced any losses on its invested cash. The Company had no cash equivalents at June 30, 2016 and December 31, 2015. At June 30, 2016, the Company had approximately $567,000 of cash in excess of FDIC limits.
Accounts receivable	Accounts receivable The Company recognizes an allowance for losses on accounts receivable in an amount equal to the estimated probable losses net of recoveries. The allowance is based on an analysis of historical bad debt experience, current receivables aging, and expected future write-offs, as well as an assessment of specific identifiable customer accounts considered at risk or uncollectible. The expense associated with the allowance for doubtful accounts is recognized in general and administrative expense.
Real estate tax escrow	Real estate tax escrow Real estate tax escrow consists of funds held for the purpose of real estate taxes owed. These funds will be released as required to satisfy tax payments as due.
Rental properties	Rental properties Rental properties are carried at cost less accumulated depreciation and amortization. Betterments, major renovations and certain costs directly related to the improvement of rental properties are capitalized. Maintenance and repair expenses are charged to expense as incurred. Depreciation is recognized on a straight-line basis over estimated useful lives of the assets, which range from 7 to 39 years. Tenant improvements are amortized on a straight-line basis over the lives of the related leases, which approximate the useful lives of the assets. Upon the acquisition of real estate, we assess the fair value of acquired assets (including land, buildings and improvements, identified intangibles, such as acquired above-market leases and acquired in-place leases) and acquired liabilities (such as acquired below-market leases) and allocate the purchase price based on these assessments. The Company assesses fair value based on estimated cash flow projections that utilize appropriate discount and capitalization rates and available market information. Estimates of future cash flows are based on a number of factors including historical operating results, known trends, and market/economic conditions. The Company records acquired intangible assets (including acquired above-market leases and acquired in-place leases) and acquired intangible liabilities (including below-market leases) at their estimated fair value. The Company amortizes acquired above-and below-market leases as a decrease or increase to rental income, respectively, over the lives of the respective leases. Amortization of acquired in-place leases is included as a component of depreciation and amortization. For the six months ended June 30, 2016 and 2015, there were no acquired in-place leases. The Company’s properties, including any related intangible assets, are individually reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. An impairment exists when the carrying amount of an asset exceeds the aggregate projected future cash flows over the anticipated holding period on an undiscounted basis. An impairment loss is measured based on the excess of the property’s carrying amount over its estimated fair value. Impairment analyses are based on our current plans, intended holding periods and available market information at the time the analyses are prepared. If the Company’s estimates of the projected future cash flows, anticipated holding periods, or market conditions change, the Company’s evaluation of impairment losses may be different and such differences could be material to its consolidated financial statements. The evaluation of anticipated cash flows is subjective and is based, in part, on assumptions regarding future occupancy, rental rates and capital requirements that could differ materially from actual results. Plans to hold properties over longer periods decrease the likelihood of recording impairment losses. For the six months ended June 30, 2016 and 2015, the Company did not record any impairment losses. The Company has capitalized land, which is not subject to depreciation.
Property and equipment	Property and equipment Property and equipment is stated at cost, less accumulated depreciation. Depreciation of property and equipment is provided utilizing the straight-line method over the estimated useful lives. The Company uses a five year life for office equipment, seven years for furniture and fixtures, and 5 to 10 years for vehicles. Expenditures for maintenance and repairs are charged to expense as incurred. Upon sale or retirement of property and equipment, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in statements of operations. The Company examines the possibility of decreases in the value of these assets when events or changes in circumstances reflect the fact that their recorded value may not be recoverable.
Revenue recognition	R evenue recognition Rental income includes base rents that each tenant pays in accordance with the terms of its respective lease and is reported on a straight-line basis over the non-cancellable term of the lease, which includes the effects of rent steps and rent abatements under the leases. We commence rental revenue recognition when the tenant takes possession of the leased space or controls the physical use of the leased space and the leased space is substantially ready for its intended use. Rental income also includes the amortization of acquired above-and below-market leases, net. Beginning in 2014, the Company began generating revenues from the non-residential rental properties. Certain of the Company’s leases currently contain rental increases at specified intervals. The Company records as an asset, and include in revenue, rents receivable that will be received if the tenant makes all rent payments required through the expiration of the initial term of the lease. Deferred rents receivable in the accompanying balance sheets includes the cumulative difference between rental revenue recorded on a straight-line basis and rents received from the tenants in accordance with the lease terms. Accordingly, management determines to what extent the deferred rent receivable applicable to each specific tenant is collectible. The Company reviews material rents receivable and takes into consideration the tenant’s payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. In the event that the collectability of rent receivable with respect to any given tenant is in doubt, we record an increase in the allowance for uncollectible accounts or the Company records a direct write-off of the specific rent receivable. No such reserves related to deferred rent receivable have been recorded as of June 30, 2016 and December 31, 2015. For the six months ended June 30, 2015, in connection with certain related party leases, the Company only included in revenues the amount of rents received from the related parties in accordance with the lease terms. On August 1, 2015, the Company transferred title to its Bernalillo, New Mexico property and the respective related party lease as part of a settlement agreement, and cancelled a related party lease in June 2015.
Basic income (loss) per share	Basic income (loss) per share Basic income (loss) per share is computed by dividing net income (loss) by weighted average number of shares of common stock outstanding during each period. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during the period. All potentially dilutive common shares were excluded from the computation of diluted shares outstanding as they would have an anti-dilutive impact on the Company’s net losses and consisted of the following: June 30, June 30, Convertible debt 200,000 200,000 Stock options 1,250,000 1,300,000
Segment reporting	Segment reporting The Company’s business is comprised of one reportable segment. The Company has determined that its properties have similar economic characteristics to be aggregated into one reportable segment (operating, leasing and managing commercial properties). The Company’s determination was based primarily on its method of internal reporting.
Income tax	Income tax Deferred income tax assets and liabilities arise from temporary differences between the financial statements and tax basis of assets and liabilities, as measured by the enacted tax rates, which are expected to be in effect when these differences reverse. Deferred tax assets and liabilities are classified as current or non-current, depending upon the classification of the asset or liabilities to which they relate. Deferred tax assets and liabilities not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. The Company follows the provisions of FASB ASC 740-10 “Uncertainty in Income Taxes” (ASC 740-10). Certain recognition thresholds must be met before a tax position is recognized in the financial statements. An entity may only recognize or continue to recognize tax positions that meet a “more-likely-than-not” threshold. The Company does not believe it has any uncertain tax positions as of June 30, 2016 and 2015 that would require either recognition or disclosure in the accompanying consolidated financial statements.
Stock-based compensation	Stock-based compensation Stock-based compensation is accounted for based on the requirements of the Share-Based Payment Topic of ASC 718 which requires recognition in the financial statements of the cost of employee and director services received in exchange for an award of equity instruments over the period the employee or director is required to perform the services in exchange for the award (presumptively, the vesting period). The ASC also requires measurement of the cost of employee and director services received in exchange for an award based on the grant-date fair value of the award. Pursuant to ASC Topic 505-50, for share-based payments to consultants and other third-parties, compensation expense is determined at the “measurement date.” The expense is recognized over the service period of the award. Until the measurement date is reached, the total amount of compensation expense remains uncertain. The Company initially records compensation expense based on the fair value of the award at the reporting date.
Related parties	Related parties Parties are considered to be related to the Company if the parties, directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal with if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests.
Recently issued accounting pronouncements	Recently issued accounting pronouncements In May 2014, the FASB issued an update (“ASU 2014-09”) Revenue from Contracts with Customers. In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties About an Entity’s Ability to Continue as a Going Concern, In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes Income Taxes On January 5, 2016, the FASB issued ASU No. 2016-01 to amend the accounting guidance on the classification and measurement of financial instruments. The standard requires that all investments in equity securities, including other ownership interests, are carried at fair value through net income. This requirement does not apply to investments that qualify for equity method accounting or to those that result in consolidation of the investee or for which the entity has elected the predictability exception to fair value measurement. Additionally, the standard requires that the portion of the total fair value change caused by a change in instrument-specific credit risk for financial liabilities for which the fair value option has been elected would be recognized in other comprehensive income. Any accumulated amount remaining in other comprehensive income is reclassified to earnings when the liability is extinguished. The Company does not anticipate the guidance to have a material impact on its consolidated financial statements or notes to its consolidated financial statements. On February 25, 2016, the FASB issued ASU No. 2016-02 (“ASU 2016-02”) to amend the accounting guidance for leases. The accounting applied by a lessor is largely unchanged under ASU 2016-02. However, the standard requires lessees to recognize lease assets and lease liabilities for leases classified as operating leases on the balance sheet. Lessees will recognize in the statement of financial position a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. If a lessee makes this election, it will recognize lease expense for such leases generally on a straight-line basis over the lease term. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018 and early adoption is permitted. The Company is currently assessing the impact of the guidance on its consolidated financial statements and notes to its consolidated financial statements. On March 30, 2016, the FASB issued ASU No. 2016-09 (“ASU 2016-09”) to amend the accounting guidance for share-based payment accounting. The areas for simplification in ASU 2016-09 involve several aspects of the accounting for share-based payment transactions, including the income tax consequences, forfeitures, classification of awards as either equity or liabilities, and classification on the statement of cash flows. ASU 2016-09 is effective for annual periods beginning after December 15, 2016 and e arly adoption is permitted Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying consolidated financial statements.

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2016
Summary of Significant Accounting Policies [Abstract]
Schedule of antidilutive shares excluded from computation of earnings per share	June 30, June 30, Convertible debt 200,000 200,000 Stock options 1,250,000 1,300,000

Rental Properties (Tables)

Rental Properties (Tables)	6 Months Ended
	Jun. 30, 2016
Rental Properties [Abstract]
Schedule of rental properties	Description Useful Life (Years) June 30, December 31, Building and building improvements 39 $ 4,950,016 $ 4,823,318 Construction in progress - 370,466 - Land - 2,589,667 2,589,667 Equipment 7 23,164 23,164 Rental properties, at cost 7,933,313 7,436,149 Less: accumulated depreciation (291,117 ) (211,556 ) Rental properties, net $ 7,642,196 $ 7,224,593

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2016
Property and Equipment [Abstract]
property and equipment	Description Useful Life (Years) June 30, December 31, Vehicle and site trailers 5 – 10 $ 38,855 $ 42,555 Office furniture and equipment 5 – 7 12,225 12,225 51,080 54,780 Less: accumulated depreciation (10,145 ) (8,292 ) Property and equipment, net $ 40,935 $ 46,488

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity [Abstract]
Schedule of stock option activities	Number of Weighted Weighted Average Remaining Aggregate Balance Outstanding 1,550,000 $ 1.00 - $ - Forfeited (300,000 ) 1,00 - - Balance Outstanding June 30, 2016 1,250,000 $ 1.00 8.82 $ 1,987,500 Exercisable, June 30, 2016 525,000 $ 1.00 8.82 $ 834,750

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Details) - shares	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Convertible debt [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the calculation of diluted earnings per share	200,000	200,000
Stock options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the calculation of diluted earnings per share	1,250,000	1,300,000

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Details Textual)	6 Months Ended
	Jun. 30, 2016USD ($)
Property Subject to or Available for Operating Lease [Line Items]
Amount of cash excess of FDIC	$ 567,000
Cash equivalents	$ 0
Rental properties [Member] | Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Estimated useful life of assets	39 years
Rental properties [Member] | Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Estimated useful life of assets	7 years
Office equipment
Property Subject to or Available for Operating Lease [Line Items]
Estimated useful life of assets	5 years
Furniture and Fixtures [Member] | Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Estimated useful life of assets	7 years
Furniture and Fixtures [Member] | Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Estimated useful life of assets	5 years
Vehicles [Member] | Maximum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Estimated useful life of assets	10 years
Vehicles [Member] | Minimum [Member]
Property Subject to or Available for Operating Lease [Line Items]
Estimated useful life of assets	5 years

Rental Properties (Details)

Rental Properties (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Rental properties, at cost	$ 7,933,313	$ 7,436,149
Less: accumulated depreciation	(291,117)	(211,556)
Rental properties, net	$ 7,642,196	7,224,593
Building and building improvements [Member]
Property, Plant and Equipment [Line Items]
Useful Life (Years)	39 years
Rental properties, at cost	$ 4,950,016	4,823,318
Construction in progress [Member]
Property, Plant and Equipment [Line Items]
Useful Life (Years)	0 years
Rental properties, at cost	$ 370,466
Land [Member]
Property, Plant and Equipment [Line Items]
Useful Life (Years)	0 years
Rental properties, at cost	$ 2,589,667	2,589,667
Equipment [Member]
Property, Plant and Equipment [Line Items]
Useful Life (Years)	7 years
Rental properties, at cost	$ 23,164	$ 23,164

Rental Properties (Details Text

Rental Properties (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Aug. 06, 2015ft²
Rental Properties [Line Items]
Depreciation and amortization of rental properties	$ 40,160	$ 35,722	$ 79,561	$ 71,444
Chino Valley [Member]
Rental Properties [Line Items]
Area of land | ft²					45,000
Building improvements and equipment	2,000,000		2,000,000
Construction progress costs	388,200		388,200
Security deposit liability	$ 100		$ 100

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Vehicle and site trailers	$ 38,855	$ 42,555
Office furniture and equipment	12,225	12,225
Property and equipment, gross	51,080	54,780
Less: accumulated depreciation	(10,145)	(8,292)
Property and equipment, net	$ 40,935	$ 46,488
Vehicle and site trailers [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Useful Life (Years)	10 years
Vehicle and site trailers [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years
Office furniture and equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Useful Life (Years)	7 years
Office furniture and equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years

Property and Equipment (Detai27

Property and Equipment (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Property and Equipment [Abstract]
Depreciation expenses	$ 1,513	$ 1,554	$ 3,210	$ 3,018

Related Party Transactions (Det

Related Party Transactions (Details)	Sep. 01, 2015USD ($)	Aug. 31, 2015USD ($)	Aug. 20, 2014USD ($)$ / shares	Jun. 30, 2016USD ($)$ / shares	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)$ / shares	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Aug. 06, 2015ft²
Related Party Transaction [Line Items]
Convertible notes payable				$ 500,000		$ 500,000		$ 500,000
Common stock conversion price per share | $ / shares				$ 5		$ 5
Interest expenses - related parties				$ 8,750	$ 8,750	$ 17,500	$ 17,500
Rental revenues - related parties				345,476	$ 202,858	691,002	$ 347,969
Deferred rent receivable				13,406		13,406		8,909
Tempe Lease [Member]
Related Party Transaction [Line Items]
Lease expiration date		Aug. 31, 2035
Base monthly rent		$ 13,500
Annual increase rate on lease and rentals		5.00%
Related party lease agreements [Member]
Related Party Transaction [Line Items]
Deferred rent receivable				609,739		609,739		367,013
Security deposit liability	$ 60,000			63,750		63,750		26,250
Security deposits paid in installments	$ 5,000
Chief Financial Officer [Member] | Employment agreement [Member]
Related Party Transaction [Line Items]
Engagement letter description							The Company shall pay to a base fee of $6,500 in cash per month of which $2,000 shall be deferred and paid upon the earlier of six months or a capital raise, and $3,500 per month payable quarterly in advance in common shares of the Company valued at the lower of the share price from the most recent capital raise or 60% of the bid price of the Company's common stock at the last trading day of the previous quarter with a minimum number of common shares issuable per month of 1,250 shares.
Chino Valley [Member]
Related Party Transaction [Line Items]
Lease expiration date		Jul. 31, 2035
Area of land | ft²									45,000
Building improvements and equipment				2,000,000		2,000,000
Construction progress costs				388,200		$ 388,200
Base monthly rent		$ 30,000
Annual increase rate on lease and rentals		5.00%				5.00%
Security deposit liability				100		$ 100
Rent renewal date						Aug. 1, 2017
Senior convertible debenture [Member]
Related Party Transaction [Line Items]
Convertible notes payable			$ 500,000
Interest rate of convertible notes payable			7.00%
Maturity date of debt			Aug. 20, 2017
Debt conversion description			The holder has the option after 12 months to convert all or a portion of the Debenture into shares of the Company's common stock at the conversion price of $5.00 per share.
Common stock conversion price per share | $ / shares			$ 5
Accrued interest payable				$ 65,042		$ 65,042		$ 47,542
Senior convertible debenture [Member] | Preferred stock [Member]
Related Party Transaction [Line Items]
Ownership percentage			50.00%

Convertible Note Payable (Detai

Convertible Note Payable (Details) - USD ($)	1 Months Ended
	Aug. 20, 2014	Jun. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Proceeds from convertible note payable	$ 500,000
Common stock conversion price per share		$ 5
Principal balance due amount		$ 500,000	$ 500,000
Senior convertible debenture [Member]
Debt Instrument [Line Items]
Proceeds from convertible note payable	$ 500,000
Percentage of debenture interest	7.00%
Common stock conversion price per share	$ 5
Unpaid interest maturity date	Aug. 20, 2017
Principal balance due amount	$ 500,000
Convertible notes payable Term	12 months

Mortgage Payable (Details)

Mortgage Payable (Details)	Mar. 07, 2014USD ($)
Convertible Note Payable [Abstract]
Mortgage payable acquire face amount	$ 2,100,000
Mortgage loans on carrying value	$ 4,600,000
Mortgage payable interest rate	7.50%
Mortgage on real estate, Final maturity date	Mar. 7, 2019

Stockholders' Equity (Details)

Stockholders' Equity (Details)	6 Months Ended
	Jun. 30, 2016USD ($)$ / sharesshares
Stockholders' Equity [Abstract]
Number of Options Outstanding, Beginning balance | shares	1,550,000
Number of Options Outstanding, Forfeited | shares	(300,000)
Number of Options Outstanding, Ending balance | shares	1,250,000
Number of Options, Exercisable | shares	525,000
Weighted Average Exercise Price, Beginning balance | $ / shares	$ 1
Weighted Average Exercise Price, Forfeited | $ / shares	1
Weighted Average Exercise Price, Ending balance | $ / shares	1
Weighted Average Exercise Price, Exercisable | $ / shares	$ 1
Weighted Average Remaining Contractual Term (Years), Outstanding	8 years 9 months 26 days
Weighted Average Remaining Contractual Term (Years), Exercisable	8 years 9 months 26 days
Aggregate Intrinsic Value, Beginning balance | $
Aggregate Intrinsic Value, Forfeited | $
Aggregate Intrinsic Value, Ending balance | $	1,987,500
Aggregate Intrinsic Value, Exercisable | $	$ 1,987,500

Stockholders' Equity (Details T

Stockholders' Equity (Details Textual) - USD ($)	Jul. 01, 2016	Apr. 01, 2016	Mar. 31, 2016	Feb. 01, 2016	Jan. 27, 2016	Jan. 08, 2016	Jan. 01, 2016	Sep. 01, 2015	May 06, 2015	Oct. 01, 2014	Jul. 22, 2014	Dec. 13, 2013	Apr. 30, 2016	Dec. 30, 2015	Jul. 01, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Stockholders Equity Textual [Abstract]
Preferred stock, shares authorized																5,000,000		5,000,000		5,000,000
Preferred stock, par value																$ 0.001		$ 0.001		$ 0.001
Preferred stock, shares issued																2,000,000		2,000,000		2,000,000
Preferred stock acquisition shares											1,000,000
Preferred stock acquisition shares, value											$ 1,000
Subscription receivable
Issued shares of common stock, Shares																				1,000,000
Issued shares of common stock, Value
Cash paid																			$ 2,250
Convertible note payable - related party																$ 500,000		$ 500,000		$ 500,000
Common stock shares issued to to Marc Brannigan																17,135,850		17,135,850		17,080,850
Common stock value issued																$ 17,136		$ 17,136		$ 17,081
Common stock, par value																$ 0.001		$ 0.001		$ 0.001
Aggregate intrinsic value
Number of Options Outstanding							1,550,000									1,250,000		1,250,000
Stock options granted pursuant to consulting and employment agreements [Member]
Stockholders Equity Textual [Abstract]
Stock-based compensation																	$ 0		43,303
Issued of common stock to employee for services, Shares																				300,000
Number of options outstanding, Granted									1,000,000					250,000				300,000
Expected dividend yield														0.00%	0.00%			0.00%		0.00%
Expected volatility rate														120.00%	120.00%			120.00%		120.00%
Risk-free interest rate														2.31%	2.25%			1.50%		1.50%
Fair Value of options														$ 237,150	$ 948,400			$ 248,100
Estimated period														10 years	10 years			5 years		5 years
Consulting expense																$ 79,570	270,208	$ 191,471	$ 270,208
Exercise Price									$ 1					$ 1
Options vested description														The options vest as to 25,000 of such shares on December 30, 2015, 25,000 options vest on December 30, 2016 and for each year thereafter through December 30, 2026.	The options vest as to 125,000 of such shares on July 1, 2015 and for each quarter thereafter through April 1, 2017, and expire on May 5, 2025 or earlier due to employment termination.			The options vested as to 50,000 of such shares on August 1, 2015, and 50,000 options were to vest on May 1, 2016 and for each year thereafter through May 1, 2020, and expire five years from the date of grant or earlier due to employment termination.
Number of vested shares						62,944												525,000	450,000
Number of non-vested shares cancelled						250,000							50,000
Aggregate intrinsic value																		$ 1,987,500
Unvested stock-based compensation expense																		$ 282,765
Employee Stock Ownership Plan (ESOP), Compensation Expense														$ 23,715
Number of Options Outstanding																1,250,000		1,250,000
Architectural and Design Services Company [Member]
Stockholders Equity Textual [Abstract]
Shares per price				$ 4.50
Aggregate shares of common stock				30,000
Common stock issued for services, Fair value				$ 45,000
Engagement letter agreement description				Pursuant to the agreement, the Company shall issue 10,000 shares of common stock immediately and 20,000 shares of common stock at the completion of the engagement.
Capitalize costs as part of construction in process				$ 45,000
Remaining shares valued using the quoted share price, Shares				20,000
One Year Consulting Agreement [Member]
Stockholders Equity Textual [Abstract]
Issued shares of restricted common stock			7,500
Shares per price			$ 5.34
Common stock issued for services, Fair value			$ 40,050,000
Stock-based consulting fees			$ 40,050,000
Connection with this consulting agreement, Description								1) cash of $5,000 per month and 2) 7,500 restricted shares to be issued within the first thirty days of the contractual period and an additional 7,500 shares of restricted stock to be issued at the end of month seven.
Equity compensation plan [Member]
Stockholders Equity Textual [Abstract]
Issued shares of common stock, Shares										10,000,000
Terms of plan										The number of shares of common stock available for issuance under the Plan shall automatically increase on the first trading day of January each calendar year during the term of the Plan, beginning with calendar year 2015, by an amount equal to one and one-half percent (1.5%) of the total number of shares of common stock outstanding on the last trading day in December of the immediately preceding calendar year, but in no event shall any such annual increase exceed 400,000 shares of common stock.
Future issuance shares																8,700,000		8,700,000
Number of Options Outstanding																1,250,000		1,250,000
Board of Directors [Member]
Stockholders Equity Textual [Abstract]
Preferred stock, shares authorized												5,000,000
Preferred stock, par value												$ 0.001
Preferred stock, voting rights												The holders of the preferred stock are entitled to fifty (50) votes for each share held.
Preferred stock outstanding transactions												At least 51% of the total number of shares of Preferred Stock outstanding
Shares per price					$ 4.50
Aggregate shares of common stock					30,000
Common stock issued for services, Fair value					$ 135,000
Stock-based compensation					$ 135,000
CFO [Member]
Stockholders Equity Textual [Abstract]
Shares per price		$ 5.34					$ 2.80
Aggregate shares of common stock		3,750					3,750
Common stock issued for services, Fair value		$ 20,025					$ 10,500
Stock-based compensation		$ 20,025					$ 10,500
CFO [Member] | Subsequent Events [Member]
Stockholders Equity Textual [Abstract]
Shares per price	$ 2.54
Aggregate shares of common stock	6,775
Common stock issued for services, Fair value	$ 20,025
Stock-based compensation	$ 17,208
Chief executive officer [Member] | Stock options granted pursuant to consulting and employment agreements [Member]
Stockholders Equity Textual [Abstract]
Stock-based compensation																$ 16,772		$ 33,544

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	Apr. 22, 2016	Feb. 18, 2016	May 23, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Feb. 04, 2016	Dec. 31, 2015
Commitments and Contingencies (Textual)
Seek paid per day			$ 10,000
Settlement expense				$ 87,500	$ 50,000	$ 87,500	$ 67,500
Purchase price of property	$ 499,857						$ 6,961
Payment terms of purchase agreement	Of the total purchase price, $274,857, or 55%, will be paid in cash at closing and $225,000, or 45%, will be financed by Seller at an interest rate of 6.5%, amortized over a five-year period, with a balloon payment at the end of the fifth year.
Real estate tax escrow	$ 45,000			$ 85,221		$ 85,221			$ 46,072
Settlement Agreement [Member]
Commitments and Contingencies (Textual)
Common of stock, Description						On July 15, 2016, the parties entered into a Confidential Settlement Agreement and Mutual Release (the "Settlement Agreement"), whereby the Company will issue an aggregate of 50,000 shares of its common stock as follows: (a) 12,500 shares were issued within three days from execution of this Settlement Agreement, (b) 12,500 shall be issued on September 30, 2016, (c) 12,500 shares shall be issued on December 30, 2016, and (d) 12,500 shares shall be issued on March 31, 2017.
Chief Operating Officer [Member]
Commitments and Contingencies (Textual)
Purpose claims								$ 500,000
Severance pay		$ 8,350

Concentrations (Details)

Concentrations (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Concentration Risk [Line Items]
Rental revenues - related parties	$ 345,476	$ 202,858	$ 691,002	$ 347,969
Deferred rent receivable - related parties	$ 609,739		$ 609,739		$ 367,013
Total revenues [Member]
Concentration Risk [Line Items]
Percentage of rental income related parties	85.60%	70.50%	85.30%	67.60%

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	Jul. 15, 2016	Jul. 01, 2016	Apr. 01, 2016	Jan. 01, 2016	Aug. 09, 2016
CFO [Member]
Subsequent Events (Textual)
Aggregate shares of common stock			3,750	3,750
Common stock issued for services, Fair value			$ 20,025	$ 10,500
Common stock price per share			$ 5.34	$ 2.80
Stock-based compensation			$ 20,025	$ 10,500
Subsequent Events [Member] | 2016 Equity Incentive Plan [Member]
Subsequent Events (Textual)
Number of common shares reserved					10,000,000
Subsequent Events [Member] | Settlement Agreement [Member]
Subsequent Events (Textual)
Aggregate shares of common stock	50,000
Subsequent Events [Member] | Settlement Agreement [Member] | Three days execution [Member]
Subsequent Events (Textual)
Aggregate shares of common stock	12,500
Subsequent Events [Member] | Settlement Agreement [Member] | September 30, 2016 [Member]
Subsequent Events (Textual)
Aggregate shares of common stock	12,500
Subsequent Events [Member] | Settlement Agreement [Member] | December 30, 2016 [Member]
Subsequent Events (Textual)
Aggregate shares of common stock	12,500
Subsequent Events [Member] | Settlement Agreement [Member] | March 31, 2017 [Member]
Subsequent Events (Textual)
Aggregate shares of common stock	12,500
Subsequent Events [Member] | CFO [Member]
Subsequent Events (Textual)
Aggregate shares of common stock		6,775
Common stock issued for services, Fair value		$ 20,025
Common stock price per share		$ 2.54
Stock-based compensation		$ 17,208