XML 14 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statement of Income (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Rental Income $ 301,970 $ 300,193 $ 905,548 $ 877,209
Expenses:        
LLC Administration – Affiliates 35,142 38,359 108,031 119,448
LLC Administration and Property Management – Unrelated Parties 7,537 5,086 26,319 25,455
Property Acquisition 0 1,112 0 26,120
Depreciation and Amortization 109,620 107,643 328,860 315,312
Total Expenses 152,299 152,200 463,210 486,335
Operating Income 149,671 147,993 442,338 390,874
Other Income:        
Interest Income 156 314 480 1,756
Income from Continuing Operations 149,827 148,307 442,818 392,630
Income from Discontinued Operations 0 0 0 287,307
Net Income 149,827 148,307 442,818 679,937
Net Income Allocated:        
Managing Members 4,495 7,055 13,285 82,218
Limited Members $ 145,332 $ 141,252 $ 429,533 $ 597,719
Income per LLC Unit:        
Continuing Operations (in Dollars per share) $ 0.08 $ 0.08 $ 0.24 $ 0.21
Discontinued Operations (in Dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.12
Total – Basic and Diluted (in Dollars per share) $ 0.08 $ 0.08 $ 0.24 $ 0.33
Weighted Average Units Outstanding – Basic and Diluted (in Shares) 1,781,725 1,813,931 1,785,458 1,818,533