Registration statement for securities to be issued by real estate companies

Escrow Deposits

v3.8.0.1
Escrow Deposits
6 Months Ended
Jun. 30, 2017
Escrow Deposits [Abstract]  
Escrow Deposits [Text Block]
5.
Escrow Deposits
As of June 30, 2017, escrow deposits consist of funds due to the Company from closed construction mortgages. Closing counsel returns these funds to the Company post-closing, then these funds are held by the Company and available to the borrower when specific progress goals during the construction process are met.