Deferred Rent (Details Narrative) |
3 Months Ended | 12 Months Ended | ||
---|---|---|---|---|
Aug. 07, 2015
USD ($)
ft²
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Mar. 31, 2016
USD ($)
|
Mar. 31, 2015
USD ($)
|
Dec. 31, 2015
USD ($)
|
|
Lease area | ft² | 21,697 | |||
Contract term | 76 months | |||
Pre commencement term | 6 months | |||
Total cost of the lease | $ 3,070,688 | |||
Term of amortization | 82 months | |||
Deferred rent | $ 1,097,412 | $ 1,071,129 | ||
Net deferred rent expense | 77,941 | |||
Long term deferred rent | 1,097,412 | 1,071,129 | ||
Tenant improvements | 947,446 | $ 869,262 | ||
Short term deferred rent | $ 91,459 | |||
Prepaid Expenses and Other Current Assets [Member] | ||||
Short term deferred rent | $ (38,382) |
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- Definition Amount of increase (decrease) in deferred rent during the period. No definition available.
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- Definition It represent as term of the lessor's pre-leasing arrangement leases. No definition available.
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- Definition Represents as a term of amortization. No definition available.
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- Definition Amount of minimum lease payments for capital leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition For a classified balance sheet, the cumulative difference as of the balance sheet date between the payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense, by the lessor or lessee, respectively, within one year of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition For a classified balance sheet, the cumulative difference between the rental income or payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense, by the lessor or lessee, respectively, more than one year after the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Area of land subject to a ground lease. No definition available.
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- Definition Term of the lessee's leasing arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition Amount of cash outflow for the allowance granted to lessee and/or direct costs incurred by lessor used to prepare the leased premises for tenant's occupancy. No definition available.
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- Details
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