Registration statement for securities to be issued by real estate companies

STATEMENT OF CHANGES IN SHAREHOLDERS???/MEMBERS' EQUITY

v3.8.0.1
STATEMENT OF CHANGES IN SHAREHOLDERS’/MEMBERS' EQUITY - USD ($)
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Beginning balance at Dec. 31, 2014 $ 16,104,075      
Member contributions 7,214,754      
Member distributions (1,396,215)      
Net income 2,306,903      
Balance at Dec. 31, 2015 24,229,517      
Member contributions 5,084,730      
Member distributions (3,879,259)      
Net income 3,050,627      
Balance at Dec. 31, 2016 28,485,615 $ 2,220 $ (2,220)  
Balance (in shares) at Dec. 31, 2016   2,220,000    
Member contributions 653,646      
Member distributions (2,460,125)      
Conversion of members' equity into common stock (26,965,236) $ 6,283 26,958,953  
Conversion of members' equity into common stock (in shares)   6,283,237    
Initial public offering   $ 2,600 11,023,400  
Initial public offering (in shares)   2,600,000    
Dividends paid       $ (555,162)
Net income | Predecessor [Member] 286,100      
Net income 1,853,424     1,567,324
Balance at Jun. 30, 2017 $ 0 $ 11,103 $ 37,980,133 $ 1,012,162
Balance (in shares) at Jun. 30, 2017   11,103,237