XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Statement of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Rental Income $ 232,937 $ 317,164 $ 478,054 $ 564,121
Expenses:        
LLC Administration – Affiliates 35,802 40,481 74,449 79,360
LLC Administration and Property Management – Unrelated Parties 31,061 27,208 64,748 52,219
Property Acquisition 0 252 0 55,424
Depreciation and Amortization 112,989 112,989 225,978 217,539
Total Expenses 179,852 180,930 365,175 404,542
Operating Income 53,085 136,234 112,879 159,579
Other Income:        
Interest Income 386 435 816 1,382
Net Income 53,471 136,669 113,695 160,961
Net Income Allocated:        
Managing Members 1,604 4,100 3,411 4,829
Limited Members $ 51,867 $ 132,569 $ 110,284 $ 156,132
Net Income per LLC Unit (in Dollars per share) $ 0.03 $ 0.08 $ 0.06 $ 0.09
Weighted Average Units Outstanding – Basic and Diluted (in Shares) 1,738,006 1,744,006 1,741,006 1,749,424