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Statement of Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Rental Income $ 264,365 $ 284,900 $ 778,994 $ 894,468
Expenses:        
LLC Administration – Affiliates 39,272 36,648 125,257 109,869
LLC Administration and Property Management – Unrelated Parties 5,950 4,997 33,502 29,129
Property Acquisition 308 0 45,175 0
Depreciation and Amortization 97,954 102,405 281,536 321,645
Total Expenses 143,484 144,050 485,470 460,643
Operating Income 120,881 140,850 293,524 433,825
Other Income:        
Income from Equity Method Investments 13,171 630,566 515,097 630,566
Interest Income 1,651 194 3,929 551
Total Other Income 14,822 630,760 519,026 631,117
Net Income 135,703 771,610 812,550 1,064,942
Net Income Allocated:        
Managing Members 3,810 30,256 14,653 39,056
Limited Members $ 131,893 $ 741,354 $ 797,897 $ 1,025,886
Net Income per LLC Unit (in Dollars per share) $ 0.08 $ 0.42 $ 0.45 $ 0.58
Weighted Average Units Outstanding – Basic and Diluted (in Shares) 1,756,507 1,776,128 1,761,537 1,777,660