Broad Street Realty (BRST) 10-Q 14 May 19 2019 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2019	May 09, 2019
Document Information [Line Items]
Entity Registrant Name	MedAmerica Properties Inc.
Entity Central Index Key	0000764897
Trading Symbol	mamp
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Common Stock, Shares Outstanding (in shares)		2,610,568
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Balance Sheets (Curre

Condensed Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Current assets
Cash and equivalents	$ 76,474	$ 139,721
Prepaid insurance and other current assets	23,514	33,784
Total current assets	99,988	173,505
Other assets
Equipment & furnishings, net	17,768	18,576
Total other assets	17,768	18,576
Total assets	117,756	192,081
Current liabilities
Accounts payable and accrued expenses	150,505	92,566
Accrued dividends	27,361	27,361
Loan payable - insurance financing	20,684	33,184
Total current liabilities	198,550	153,111
Total liabilities	198,550	153,111
Stockholders' equity
Series A Preferred stock, $0.01 par value, 20,000 shares authorized, 500 issued at March 31, 2019 and 2018	5	5
Common stock, $0.01 par value, 50,000,000 shares authorized, 2,610,568 issued at March 31, 2019 and 2018	26,105	26,105
Additional paid-in capital	111,861,799	111,861,799
Accumulated deficit	(111,968,703)	(111,848,939)
Total stockholders' equity	(80,794)	38,970
Total liabilities and stockholders' equity	$ 117,756	$ 192,081

Condensed Balance Sheets (Cur_2

Condensed Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Mar. 31, 2019	Dec. 31, 2018
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	20,000	20,000
Preferred stock, shares issued (in shares)	500	500
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	2,610,568	2,610,568

Condensed Statements of Operati

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
General & administrative expenses	$ 119,271	$ 208,801
Loss from operations	(119,271)	(208,801)
Interest expense	(493)	(384)
Net loss	(119,764)	(209,185)
Dividends for the benefit of preferred stockholders:
Preferred stock dividends	(1,250)	(1,250)
Net loss attributable to common stockholders	$ (121,014)	$ (210,435)
Basic and diluted average number of common shares outstanding (in shares)	2,610,568	2,610,568
Net loss per common share basic and diluted (in dollars per share)	$ (0.05)	$ (0.08)

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows used in operating activities:
Net loss	$ (119,764)	$ (209,185)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	808	808
Changes in assets and liabilities:
Decrease in prepaid expenses and other assets	10,269	7,500
(Decrease)/Increase in accounts payable and accrued expenses	57,940	(15,753)
Net cash used in operating activities	(50,747)	(216,630)
Cash flows used in financing activities:
Payment of note payable - insurance financing	(12,500)	(12,500)
Net cash used in financing activities	(12,500)	(12,500)
Net decrease in cash	(63,247)	(229,130)
Cash at beginning of period	139,721	708,382
Cash at end of period	76,474	479,252
Supplemental disclosure of cash flow information:
Interest	493	0
Franchise taxes		5,650
Non cash financing activities:
Prepaid insurance loan financing	$ 20,684	$ 0

Condensed Statements of Stockho

Condensed Statements of Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Common Stock Subscribed [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Total
Stockholders’ equity (in shares) at Dec. 31, 2017	2,610,568		500
Stockholders’ equity at Dec. 31, 2017	$ 26,105		$ 5	$ 111,861,799	$ (111,246,399)		$ 641,510
Net loss							(209,185)
Stockholders’ (deficit) (in shares) at Mar. 31, 2018	2,610,568		500
Stockholders’ (deficit) at Mar. 31, 2018	$ 26,105		$ 5	111,861,799	(111,455,584)		432,325
Stockholders’ equity (in shares) at Dec. 31, 2018	2,610,568		500
Stockholders’ equity at Dec. 31, 2018	$ 26,105		$ 5	111,861,799	(111,848,939)		38,970
Net loss					(119,764)		(119,764)
Stockholders’ (deficit) (in shares) at Mar. 31, 2019	2,610,568		500
Stockholders’ (deficit) at Mar. 31, 2019	$ 26,105		$ 5	$ 111,861,799	$ (111,968,703)		$ (80,794)

Note 1 - Nature of Operations

Note 1 - Nature of Operations	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Nature of Operations [Text Block]	Note 1. MedAmerica Properties Inc. (the “Company” or “MedAmerica”) was originally organized under the laws of the Commonwealth of Massachusetts in 1985, 1987 2010, 2009 2012, 2016, 2018, September 2018, November 2018 April 2019. May 9, 2019, no second 2019, no not In April 2017, 1 2 1 10 June 15, 2017, June 20, 2017. 1 10

Note 2 - Basis of Presentation

Note 2 - Basis of Presentation	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Basis of Accounting [Text Block]	Note 2. The accompanying Financial Statements give effect to all adjustments necessary to present fairly the financial position and results of operations and cash flows of the Company. In January 2019 no

Note 3 - Liquidity and Profitab

Note 3 - Liquidity and Profitability	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Substantial Doubt about Going Concern [Text Block]	Note 3 . Liquidity and Profitability The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. Accordingly, the financial statements do not twelve During 2017 $1,940,005. March 31, 2019, $76,000 $99,000.. We have undertaken, and will continue to implement, various measures to address our financial condition, including: ● Consummate the acquisition of 12 1 not no If the Transaction is not • Curtailing costs and consolidating operations, where feasible. • Seeking debt, equity and other forms of financing, including funding through strategic partnerships. • Reducing operations to conserve cash. • Investigating and pursuing transactions with third The Company management believes that these measures, coupled with cash on hand and a line of credit from a related party (see Note 9 twelve no May, 2020 not

Note 4 - Summary of Significant

Note 4 - Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Significant Accounting Policies [Text Block]	Note 4 . Summary of Significant Accounting Policies U naudited I nterim Condensed Financial Information The unaudited interim condensed financial statements of the Company as of March 31, 2019 three March 31, 2019 2018 10 1934, 8 X 1933, In the opinion of management, the accompanying unaudited interim condensed financial statements reflect all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the financial position of the Company at March 31, 2019 three March 31, 2019 2018. not Use of Estimates The preparation of financial statements, in conformity with accounting principles generally accepted in the United States ("U.S. GAAP"), requires management to make certain estimates and assumptions that affect the reported amounts of assets, liabilities, equity, revenues and expenses and disclosures of contingent assets and liabilities at the date and period ending of the financial statements. Actual results could differ from those estimates. Cash The Company considers all cash, bank deposits and highly liquid investments with an original maturity of three Equipment and Furnishings Equipment and furnishings are stated at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, which range from 3 7 Fair Value of Financial Instruments Recorded financial instruments as of March 31, 2019, Income (Loss) Per Common Share The Company computes net income (loss) per common share in accordance with the provision included in Financial Accounting Standards Board (“FASB”) Accounting Standard Codification (“ASC”) 260, 260, not Income Taxes The Company accounts for our income taxes using FASB ASC Topic 740, The Company follows the provisions regarding Accounting for Uncertainty in Income Taxes, not not 50 December 31, 2018 December 31, 2017. no no may three not twelve Retained Earnings Distributions The Company’s preferred stockholders are entitled to receive payment before any of the common stockholders upon a liquidation of the Company, and we cannot pay dividends on our common stock unless we first Preferred Stock Dividends The holder of Series A Cumulative Preferred Stock (“Preferred Stock”) are entitled to receive cumulative, non-compounded, cash dividends on each outstanding share of Preferred Stock at the rate of 10.0% January 1, 2010. Recently Issued Accounting Pronouncements Management has determined that all recently issued accounting pronouncements will not not

Note 5 - Equipment and Furnishi

Note 5 - Equipment and Furnishings	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 5 . Equipment and Furnishings The amount of equipment and furnishings as of March 31, 2019 December 31, 2018, Description March 31, 2019 December 31, 2018 Office equipment and furnishings $ 21,829 $ 21,829 Computer equipment 787 787 Total 22,616 22,616 Less accumulated depreciation (4,848 ) (4,040 ) Equipment and furnishings, net $ 17,768 $ 18,576 Depreciation expense related to equipment and furnishings amounted to $808 three March 31, 2019.

Note 6 - Preferred Stock and Co

Note 6 - Preferred Stock and Common Stock	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	Note 6 . Preferred Stock and Common Stock Stock Split In April 2017, 1 10 June 15, 2017, June 20, 2017. Pursuant to the Stock Split, each outstanding share of the Company’s common stock was automatically exchanged for one tenth not may not Private Placement From February 10, 2017 December 31, 2017, $1,940,005 $1.50 “2017 4 2 1933 not 506 2017 2017, 1,293,334 2017 2,500 Preferred Stock Exchange In April 2017, December 31, 2016. 20 0.2 9,875 $301,656 257,831 third 2017. June 30, 2017. $148,125. Subsequent to the reverse stock split, the private placement and the preferred stock exchange, there are 2,610,568 1,056,903 1,293,334 2,500 257,831 Preferred Stock Dividends The holder of Preferred Stock is entitled to receive cumulative, non-compounded cash dividends on each outstanding share of Preferred Stock at the rate of 10% January 1, 2010. not Substantially all the Preferred stockholders had previously agreed to accept common stock in lieu of cash for payment of Preferred Dividends. In February 2016, 29,856 $29,249 $27,361 March 31, 2019 December 31, 2018. $11,250 $10,000 March 31, 2019 December 31, 2018, not Common Stock As of March 31, 2019 838,060 32.10% 838,060 351,966 91,348

Note 7 - Earnings (Loss) Per Sh

Note 7 - Earnings (Loss) Per Share	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 7 . Earnings (Loss) per Share The Company excluded from its diluted earnings per share calculation 500 March 31, 2019 2018

Note 8 - Stock-based Compensati

Note 8 - Stock-based Compensation	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	Note 8 . Stock-Based Compensation On August 23, 2017, 60,000 not On June 11, 2018, 10,000 not The Company previously had stock option agreements with its directors and officers. Details of options activity is as follows: Number of Shares Weighted Average Exercise Price per Share Weighted Average Fair Value at Grant Date Weighted Average Remaining Contractual Life Intrinsic Value Balance December 31, 2016 - $ - - - - Options granted 60,000 8.00 - - - Options exercised - - - - - Options expired - - - - - Balance December 31, 2017 60,000 $ 8.00 $ - 4.75 $ - Options granted 10,000 6.00 - - - Options exercised - - - - - Options expired - - - - - Balance December 31, 2018 70,000 $ 7.71 $ - 3.86 $ - Options granted - - - - - Options exercised - - - - - Options expired - - - - - Balance March 31, 2019 70,000 $ 7.71 $ - 3.61 $ - The fair values of stock options are estimated using the Black-Scholes method, which takes into account variables such as estimated volatility, expected holding period, dividend yield, and the risk-free interest rate. The risk-free interest rate is the five 70,000 not

Note 9 - Related Party Relation

Note 9 - Related Party Relations and Transactions	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 9 . Related Party Relations and Transactions Gary O. Marino, the Company’s chairman of the board, is the chairman, president, and chief executive officer of Boca Equity Partners LLC (“BEP”), Patriot Equity LLC (“Patriot”), Banyan Medical Partners LLC (“BMP”), and Banyan Surprise Plaza LLC (“BSP”). Mr. Marino owns 100% 100% On July 27, 2016, $250,000. 10% December 31, 2016 $471,826. 10% may May 31, 2017. $0. On September 13, 2018, “2018 2018 September 1, 2018. 2018 $5,000 2018 June 8, 2017 $15,000 $45,000 March 31, 2019 2018, During 2018 $125,090 December 31, 2018 $57,244 March 31, 2018. July 31, 2018. The Company’s directors have not 2018 2017 8 As of December 31, 2018 March 31, 2019, 838,060 32.10% 838,060 351,966 91,348

Note 10 - Subsequent Events

Note 10 - Subsequent Events	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Subsequent Events [Text Block]	Note 1 0 . Subsequent Events The Company evaluates subsequent events and transactions that occur after the balance sheet date up to the date that the financial statements were issued for potential recognition or disclosure. Other than the following, the Company did not In April 2019, May 2019.

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	U naudited I nterim Condensed Financial Information The unaudited interim condensed financial statements of the Company as of March 31, 2019 three March 31, 2019 2018 10 1934, 8 X 1933, In the opinion of management, the accompanying unaudited interim condensed financial statements reflect all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the financial position of the Company at March 31, 2019 three March 31, 2019 2018. not
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements, in conformity with accounting principles generally accepted in the United States ("U.S. GAAP"), requires management to make certain estimates and assumptions that affect the reported amounts of assets, liabilities, equity, revenues and expenses and disclosures of contingent assets and liabilities at the date and period ending of the financial statements. Actual results could differ from those estimates.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash The Company considers all cash, bank deposits and highly liquid investments with an original maturity of three
Property, Plant and Equipment, Impairment [Policy Text Block]	Equipment and Furnishings Equipment and furnishings are stated at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the assets, which range from 3 7
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments Recorded financial instruments as of March 31, 2019,
Earnings Per Share, Policy [Policy Text Block]	Income (Loss) Per Common Share The Company computes net income (loss) per common share in accordance with the provision included in Financial Accounting Standards Board (“FASB”) Accounting Standard Codification (“ASC”) 260, 260, not
Income Tax, Policy [Policy Text Block]	Income Taxes The Company accounts for our income taxes using FASB ASC Topic 740, The Company follows the provisions regarding Accounting for Uncertainty in Income Taxes, not not 50 December 31, 2018 December 31, 2017. no no may three not twelve
Policyholders' Dividend [Policy Text Block]	Retained Earnings Distributions The Company’s preferred stockholders are entitled to receive payment before any of the common stockholders upon a liquidation of the Company, and we cannot pay dividends on our common stock unless we first
Stockholders' Equity Note, Redeemable Preferred Stock, Issue, Policy [Policy Text Block]	Preferred Stock Dividends The holder of Series A Cumulative Preferred Stock (“Preferred Stock”) are entitled to receive cumulative, non-compounded, cash dividends on each outstanding share of Preferred Stock at the rate of 10.0% January 1, 2010.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements Management has determined that all recently issued accounting pronouncements will not not

Note 5 - Equipment and Furnis_2

Note 5 - Equipment and Furnishings (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Property, Plant and Equipment [Table Text Block]	Description March 31, 2019 December 31, 2018 Office equipment and furnishings $ 21,829 $ 21,829 Computer equipment 787 787 Total 22,616 22,616 Less accumulated depreciation (4,848 ) (4,040 ) Equipment and furnishings, net $ 17,768 $ 18,576

Note 8 - Stock-based Compensa_2

Note 8 - Stock-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Number of Shares Weighted Average Exercise Price per Share Weighted Average Fair Value at Grant Date Weighted Average Remaining Contractual Life Intrinsic Value Balance December 31, 2016 - $ - - - - Options granted 60,000 8.00 - - - Options exercised - - - - - Options expired - - - - - Balance December 31, 2017 60,000 $ 8.00 $ - 4.75 $ - Options granted 10,000 6.00 - - - Options exercised - - - - - Options expired - - - - - Balance December 31, 2018 70,000 $ 7.71 $ - 3.86 $ - Options granted - - - - - Options exercised - - - - - Options expired - - - - - Balance March 31, 2019 70,000 $ 7.71 $ - 3.61 $ -

Note 1 - Nature of Operations (

Note 1 - Nature of Operations (Details Textual)	Jun. 20, 2017	Mar. 31, 2019
Reverse Stock Split [Member]
Stockholders' Equity Note, Stock Split, Conversion Ratio	10	10

Note 3 - Liquidity and Profit_2

Note 3 - Liquidity and Profitability (Details Textual)	11 Months Ended	12 Months Ended
	Dec. 31, 2017USD ($)	Dec. 31, 2017USD ($)	Mar. 31, 2019USD ($)
Proceeds from Issuance of Private Placement	$ 1,940,005	$ 1,940,005
Cash, Ending Balance			$ 76,000
Net Working Deficit			$ (99,000)
Number of Stores			12

Note 4 - Summary of Significa_2

Note 4 - Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Percentage Of Income Tax Examination Likelihood Of Tax Benefits Being Realized Upon Settlement	50.00%
Unrecognized Tax Benefits, Ending Balance	$ 0	$ 0	$ 0
Preferred Stock, Dividend Rate, Percentage	10.00%
Minimum [Member]
Property, Plant and Equipment, Useful Life	3 years
Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years

Note 5 - Equipment and Furnis_3

Note 5 - Equipment and Furnishings (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Depreciation, Total	$ 808	$ 808

Note 5 - Equipment and Furnis_4

Note 5 - Equipment and Furnishings - Equipment and Furnishings (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Equipment and furnishings, gross	$ 22,616	$ 22,616
Less accumulated depreciation	(4,848)	(4,040)
Equipment and furnishings, net	17,768	18,576
Office Equipment [Member]
Equipment and furnishings, gross	21,829	21,829
Computer Equipment [Member]
Equipment and furnishings, gross	$ 787	$ 787

Note 6 - Preferred Stock and _2

Note 6 - Preferred Stock and Common Stock (Details Textual)	Jun. 30, 2017USD ($)	Jun. 20, 2017	Feb. 29, 2016USD ($)shares	Mar. 31, 2019USD ($)shares	Sep. 30, 2017shares	Dec. 31, 2017USD ($)$ / sharesshares	Dec. 31, 2018USD ($)shares	Dec. 31, 2017USD ($)$ / sharesshares	Apr. 30, 2017USD ($)shares
Proceeds from Issuance of Private Placement | $						$ 1,940,005		$ 1,940,005
Convertible Preferred Stock Converted to Other Securities | $	$ 148,125
Common Stock, Shares, Issued, Total				2,610,568		2,610,568	2,610,568	2,610,568
Preferred Stock, Dividend Rate, Percentage				10.00%
Preferred Stock, Amount of Preferred Dividends in Arrears | $				$ 27,361			$ 27,361
Preferred Stock, Amount of Preferred Dividends Undeclared and Unaccrued | $				$ 11,250			$ 10,000
Board of Directors, Officers, and Officers of Subsidiary [Member]
Common Stock, Shares, Outstanding, Ending Balance				838,060			838,060
Percentage of Outstanding of Common Stock				32.10%			32.10%
Marino Family Holdings LLC [Member]
Common Stock, Shares, Outstanding, Ending Balance				351,966			351,966
Banyan Rail Holdings LLC [Member]
Common Stock, Shares, Outstanding, Ending Balance				91,348			91,348
Series A Preferred Stock Holders [Member]
Stock Issued During Period, Shares, Stock Splits					257,831
Series A Preferred Stock [Member]
Convertible Preferred Stock, Shares Issued upon Conversion									20
Shares Issued for Each Dollar of Preferred Dividend									0.2
Convertible Preferred Stock, Total Shares Issued upon Conversion									9,875
Dividends Payable | $									$ 301,656
Preferred Stock, Dividend Rate, Percentage				10.00%
Common Stock Dividends, Shares			29,856
Dividends, Common Stock, Total | $			$ 29,249
Shares After Reverse Stock Split [Member]
Common Stock, Shares, Outstanding, Ending Balance				1,056,903
Share From Private Placement [Member]
Common Stock, Shares, Outstanding, Ending Balance				1,293,334
Shares from Prior Year Private Placement [Member]
Common Stock, Shares, Outstanding, Ending Balance				2,500
Shares From Preferred Stock and Preferred Dividend Exchange [Member]
Common Stock, Shares, Outstanding, Ending Balance				257,831
Private Placement [Member]
Shares Issued, Price Per Share | $ / shares						$ 1.50		$ 1.50
Stock Issued During Period, Shares, New Issues						1,293,334		2,500
Reverse Stock Split [Member]
Stockholders' Equity Note, Stock Split, Conversion Ratio		10		10

Note 7 - Earnings (Loss) Per _2

Note 7 - Earnings (Loss) Per Share (Details Textual) - shares	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	500	500

Note 8 - Stock-based Compensa_3

Note 8 - Stock-based Compensation (Details Textual) - shares	Jun. 11, 2018	Aug. 23, 2017	Mar. 31, 2019	Jun. 11, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	10,000	60,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period			5 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares				70,000

Note 8 - Stock-based Compensa_4

Note 8 - Stock-based Compensation - Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Balance, number of shares (in shares)	70,000	60,000
Balance, weighted average exercise price per share (in dollars per share)	$ 7.71	$ 8
Balance, weighted average fair value at grant date (in dollars per share)			$ 0	$ 0
Balance, weighted average remaining contractual life (Year)	3 years 222 days	3 years 313 days	4 years 273 days
Balance, intrinsic value		$ 0	$ 0
Options granted, number of shares (in shares)		10,000	60,000
Options granted, weighted average exercise price per share (in dollars per share)		$ 6	$ 8
Options granted, intrinsic value			$ 0
Options exercised, number of shares (in shares)		0	0
Options exercised, weighted average exercise price per share (in dollars per share)		$ 0	$ 0
Options exercised, intrinsic value		$ 0	$ 0
Options expired, number of shares (in shares)		0
Options expired, weighted average exercise price per share (in dollars per share)		$ 0
Options expired, intrinsic value		$ 0	$ 0
Options granted, weighted average remaining contractual life (Year)
Balance, number of shares (in shares)	70,000	70,000	60,000
Balance, weighted average exercise price per share (in dollars per share)	$ 7.71	$ 7.71	$ 8
Balance, intrinsic value			$ 0	$ 0

Note 9 - Related Party Relati_2

Note 9 - Related Party Relations and Transactions (Details Textual) - USD ($)	Sep. 13, 2018	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2016	Jul. 27, 2016
Monthly Costs for Overhead Items	$ 5,000
Boca Equity Partners LLC [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 250,000
Line of Credit Facility, Interest Rate at Period End						10.00%
Notes Payable, Related Parties, Current					$ 471,826
Long-term Line of Credit, Total		$ 0
Related Party Transaction, Expenses from Transactions with Related Party		$ 15,000	$ 45,000
International Rail Partners LLC [Member] | Billed Amount for Compensation and Expenses [Member]
Related Party Transaction, Amounts of Transaction			$ 57,244	$ 125,090
Board of Directors, Officers, and Officers of Subsidiary [Member]
Common Stock, Shares, Outstanding, Ending Balance		838,060		838,060
Percentage of Outstanding of Common Stock		32.10%		32.10%
Marino Family Holdings LLC [Member]
Common Stock, Shares, Outstanding, Ending Balance		351,966		351,966
Banyan Rail Holdings LLC [Member]
Common Stock, Shares, Outstanding, Ending Balance		91,348		91,348
Chief Executive Officer [Member] | Patriot Equity LLC [Member]
Noncontrolling Interest, Ownership Percentage by Parent		100.00%
Chief Executive Officer [Member] | Banyan Medical Partners LLC [Member] | Patriot Equity LLC [Member]
Noncontrolling Interest, Ownership Percentage by Parent		100.00%