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Members' Equity
12 Months Ended
Dec. 31, 2018
Partners' Capital Notes [Abstract]  
Partners' Capital Notes Disclosure [Text Block]
(6)  Members’ Equity –

For the years ended December 31, 2018 and 2017, the Company declared distributions of $679,583 and $679,998, respectively.  The Limited Members received distributions of $660,004 and $660,002 and the Managing Members received distributions of $19,579 and $19,996 for the years, respectively.  The Limited Members' distributions represented $0.38 and $0.38 per LLC Unit outstanding using 1,738,006 and 1,739,506 weighted average Units in 2018 and 2017, respectively.  The distributions represented $0.12 and $0.11 per Unit of Net Income and $0.26 and $0.27 per Unit of return of contributed capital in 2018 and 2017, respectively.

As part of the distributions discussed above, the Company distributed net sale proceeds (from property sales completed in 2015) of $40,404 and $20,202 in 2018 and 2017, respectively.  The Limited Members received distributions of $40,000 and $20,000 and the Managing Members received distributions of $404 and $202 for the years, respectively.  The Limited Members’ distributions represented $0.02 and $0.01 per Unit for the years, respectively.

The Company may repurchase Units from Limited Members who have tendered their Units to the Company.  Such Units may be acquired at a discount.  The Company will not be obligated to purchase in any year more than 2% of the total number of Units outstanding on January 1 of such year.  In no event shall the Company be obligated to purchase Units if, in the sole discretion of the Managing Member, such purchase would impair the capital or operation of the Company.

During 2018, the Company did not repurchase any Units from the Limited Members. On April 1, 2017, the Company repurchased a total of 6,000.0 Units for $36,332 from three Limited Members in accordance with the Operating Agreement.  The Company acquired these Units using Net Cash Flow from operations.  The repurchases increase the remaining Limited Members’ ownership interest in the Company.  As a result of these repurchases and pursuant to the Operating Agreement, the Managing Members received distributions of $1,124 in 2017.