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Statement of Income (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Rental Income $ 300,193 $ 256,841 $ 877,209 $ 770,522
Expenses:        
LLC Administration – Affiliates 38,359 39,742 119,448 122,261
LLC Administration and Property Management – Unrelated Parties 5,086 8,261 25,455 26,479
Property Acquisition 1,112 0 26,120 0
Depreciation and Amortization 107,643 93,846 315,312 281,538
Total Expenses 152,200 141,849 486,335 430,278
Operating Income 147,993 114,992 390,874 340,244
Other Income:        
Interest Income 314 386 1,756 1,376
Income from Continuing Operations 148,307 115,378 392,630 341,620
Income from Discontinued Operations 0 28,796 287,307 86,282
Net Income 148,307 144,174 679,937 427,902
Net Income Allocated:        
Managing Members 7,055 4,325 82,218 12,837
Limited Members 141,252 139,849 597,719 415,065
Total $ 148,307 $ 144,174 $ 679,937 $ 427,902
Income per LLC Unit:        
Continuing Operations (in Dollars per Item) 0.08 0.06 0.21 0.18
Discontinued Operations (in Dollars per Item) 0.00 0.02 0.12 0.05
Total (in Dollars per Item) 0.08 0.08 0.33 0.23
Weighted Average Units Outstanding – Basic and Diluted (in Shares) 1,813,931 1,827,736 1,818,533 1,827,736