| SCHEDULE OF FINANCIAL OBLIGATIONS INCLUDING INTEREST PAYMENTS |
The
following table provides a summary as of June 30, 2022, the Company’s material financial obligations which also including interest
payments:
SCHEDULE OF FINANCIAL OBLIGATIONS INCLUDING INTEREST PAYMENTS
| | |
| | |
Year | | |
Year | | |
Year | | |
Year | | |
Year | | |
| |
| | |
Total | | |
2023 | | |
2024 | | |
2025 | | |
2026 | | |
2027 | | |
Thereafter | |
| Mortgage notes payable | |
$ | 109,114,000 | | |
$ | 1,721,000 | | |
$ | 107,393,000 | | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | |
| Related party notes payable | |
| 17,721,000 | | |
| 567,000 | | |
| 14,767,000 | | |
| 567,000 | | |
| 567,000 | | |
| 462,000 | | |
| 791,000 | |
| Interest | |
| 11,080,000 | | |
| 7,871,000 | | |
| 3,209,000 | | |
| - | | |
| - | | |
| - | | |
| - | |
| Total | |
$ | 137,915,000 | | |
$ | 10,159,000 | | |
$ | 125,369,000 | | |
$ | 567,000 | | |
$ | 567,000 | | |
$ | 462,000 | | |
$ | 791,000 | |
|