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Statement of Income (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Rental Income $ 284,900 $ 301,970 $ 894,468 $ 905,548
Expenses:        
LLC Administration – Affiliates 36,648 35,142 109,869 108,031
LLC Administration and Property Management – Unrelated Parties 4,997 7,537 29,129 26,319
Depreciation and Amortization 102,405 109,620 321,645 328,860
Total Expenses 144,050 152,299 460,643 463,210
Operating Income 140,850 149,671 433,825 442,338
Other Income:        
Income from Equity Method Investment 630,566 0 630,566 0
Interest Income 194 156 551 480
Total Other Income 630,760 156 631,117 480
Net Income 771,610 149,827 1,064,942 442,818
Net Income Allocated:        
Managing Members 30,256 4,495 39,056 13,285
Limited Members $ 741,354 $ 145,332 $ 1,025,886 $ 429,533
Net Income per LLC Unit (in Dollars per share) $ 0.42 $ 0.08 $ 0.58 $ 0.24
Weighted Average Units Outstanding – Basic and Diluted (in Shares) 1,776,128 1,781,725 1,777,660 1,785,458