v3.2.0.727

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues:
Rental revenue	$ 515,730	$ 306,492	$ 949,757	$ 456,154
Other revenue	13,484	2,947	24,435	15,215
Total Revenue	529,214	309,439	974,192	471,369
Expenses:
Property Operating Expenses	209,040	68,972	382,088	79,528
General and administrative	131,282	71,476	388,716	71,476
Property management fees	24,483	21,196	60,741	29,750
Real estate taxes	94,471	37,902	103,036	59,486
Homeowners' association fees	7,537	7,127	16,323	11,853
Depreciation and amortization	96,991	88,875	184,670	186,841
Interest expense	203,373	73,446	350,698	73,446
Total expenses	767,177	368,994	1,486,272	512,380
Net loss	$ (237,963)	$ (59,555)	$ (512,080)	$ (41,011)
Net loss per share – Basic and Diluted	$ (0.37)	$ (0.25)	$ (0.81)	$ (0.32)
Weighted-average shares outstanding - Basic and Diluted	637,990	237,682	631,874	129,763

Other operating costs incurred during the reporting period and may include amounts paid to maintain the property.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.2)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

American Housing REIT Inc. 10-Q