Right-to-use

Host community

Trade name /

Licenses/Permits

licenses

agreements

brand

Useful life (# of years)

15

15

15

5

Total

Cost

As of December 31, 2019

$

22,000,000

$

138,550,000

$

35,000,000

$

2,390,000

$

197,940,000

Acquired through combinations and acquisitions [Notes 1 & 4]

75,172,042

 –

 –

 –

75,172,042

Additions

 –

1,100,000

 –

 –

1,100,000

As of December 31, 2020

$

97,172,042

$

139,650,000

$

35,000,000

$

2,390,000

$

274,212,042

Accumulated Amortization

As of December 31, 2019

$

883,154

$

5,561,864

$

1,405,018

$

287,828

$

8,137,864

Amortization

1,668,503

9,236,666

2,333,333

478,000

13,716,502

As of December 31, 2020

$

2,551,657

$

14,798,530

$

3,738,351

$

765,828

$

21,854,366

Net book value

As of December 31, 2019

$

21,116,846

$

132,988,136

$

33,594,982

$

2,102,172

$

189,802,136

As of December 31, 2020

$

94,620,385

$

124,851,470

$

31,261,649

$

1,624,172

$

252,357,676