Members' Capital

3 Months Ended

Mar. 31, 2016

Partners' Capital Notes [Abstract]

Partners' Capital Notes Disclosure [Text Block]

(6)  Members’ Capital –

For the three months ended March 31, 2016 and 2015, the Company declared distributions of $236,083 and $235,458, respectively.  The Limited Members received distributions of $229,001 and $229,000 and the Managing Members received distributions of $7,082 and $6,458 for the periods, respectively.  The Limited Members' distributions represented $.13 and $.13 per LLC Unit outstanding using 1,754,842 and 1,771,597 weighted average Units in 2016 and 2015, respectively.  The distributions represented $.01 and $.13 per Unit of Net Income and $.12 and $0 per Unit of return of contributed capital in 2016 and 2015, respectively.

As part of the distributions discussed above, the Company distributed net sale proceeds of $30,303 in 2015.  The Limited Members received distributions of $30,000 and the Managing Members received distributions of $303.  The Limited Members’ distributions represented $0.02 per Unit.