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Statement of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Rental Income $ 317,164 $ 264,184 $ 564,121 $ 514,629
Expenses:        
LLC Administration – Affiliates 40,481 42,888 79,360 85,985
LLC Administration and Property Management – Unrelated Parties 27,208 11,870 52,219 27,552
Property Acquisition 252 2,106 55,424 44,867
Depreciation and Amortization 112,989 98,020 217,539 183,582
Total Expenses 180,930 154,884 404,542 341,986
Operating Income 136,234 109,300 159,579 172,643
Other Income:        
Income from Equity Method Investments 0 310,632 0 501,926
Interest Income 435 800 1,382 2,278
Total Other Income 435 311,432 1,382 504,204
Net Income 136,669 420,732 160,961 676,847
Net Income Allocated:        
Managing Members 4,100 6,614 4,829 10,843
Limited Members $ 132,569 $ 414,118 $ 156,132 $ 666,004
Net Income per LLC Unit (in Dollars per share) $ 0.08 $ 0.24 $ 0.09 $ 0.38
Weighted Average Units Outstanding – Basic and Diluted (in Shares) 1,744,006 1,756,507 1,749,424 1,764,052