Discontinued Operations

6 Months Ended

Jun. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

(5) Discontinued Operations –

On January 31, 2012, the Company sold the land under the Red Robin restaurant in Beavercreek, Ohio to an unrelated third party. The Company received net sale proceeds of $1,811,647, which resulted in a net gain of $277,992.

During the first six months of 2012, the Company distributed net sale proceeds of $92,525 to the Limited and Managing Members as part of their quarterly distributions, which represented a return of capital of $0.05 per LLC Unit.

The financial results for this property are reflected as Discontinued Operations in the accompanying financial statements. The following are the results of discontinued operations:

		Three Months Ended June 30				Six Months Ended June 30
		2013		2012		2013		2012
Rental Income	$	0	$	0	$	0	$	9,315
Gain on Disposal of Real Estate		0		0		0		277,992
Income from Discontinued Operations	$	0	$	0	$	0	$	287,307