XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Statement of Income - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Rental Income $ 1,051,745 $ 1,043,359
Expenses:    
LLC Administration – Affiliates 149,251 161,038
LLC Administration and Property Management – Unrelated Parties 102,892 38,072
Property Acquisition 55,479 48,817
Depreciation and Amortization 443,517 379,486
Real Estate Impairment 0 445,828
Total Expenses 751,139 1,073,241
Operating Income (Loss) 300,606 (29,882)
Other Income:    
Income from Equity Method Investments 0 514,987
Interest Income 2,247 5,635
Total Other Income 2,247 520,622
Net Income 302,853 490,740
Net Income Allocated:    
Managing Members 9,086 20,000
Limited Members $ 293,767 $ 470,740
Net Income per LLC Unit (in Dollars per share) $ 0.17 $ 0.27
Weighted Average Units Outstanding – Basic and Diluted (in Shares) 1,746,715 1,759,863