XML 27 R16.htm IDEA: XBRL DOCUMENT v3.19.1
Real Estate Investments (Tables)
12 Months Ended
Dec. 31, 2018
Real Estate [Abstract]  
Property, Plant and Equipment [Table Text Block]
Properties not held for sale

Property
Land
Buildings
Total
Accumulated
Depreciation
                 
Biomat USA Plasma Center, Wichita, KS
$
507,489
$
1,277,436
$
1,784,925
$
728,461
Advance Auto Parts, Middletown, OH
 
112,315
 
909,974
 
1,022,289
 
458,024
Cellular Connection, Bluffton, IN
 
344,008
 
836,108
 
1,180,116
 
373,596
Best Buy, Eau Claire, WI
 
474,137
 
1,547,025
 
2,021,162
 
675,531
Dick’s Sporting Goods, Fredericksburg, VA
1,053,836
 
1,241,794
 
2,295,630
 
702,630
Fresenius Medical Center, Chicago, IL
 
464,400
 
665,142
 
1,129,542
 
106,418
Zales, Enid, OK
 
440,000
 
903,630
 
1,343,630
 
137,047
Dollar Tree, West Point, MS
 
270,000
 
1,316,232
 
1,586,232
 
153,558
 
$
3,666,185
$
8,697,341
$
12,363,526
$
3,335,265
                 
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]
Acquired lease intangibles not held for sale

   
2018
 
2017
   
Cost
 
Accumulated Amortization
 
Cost
 
Accumulated Amortization
In-Place Lease Intangibles
   (weighted average life of 85 and 97 months, respectively)
$
633,712
$
196,500
$
633,712
$
136,879
                 
Above-Market Lease Intangibles
   (weighted average life of 70 and 82 months, respectively)
 
72,606
 
28,410
 
72,606
 
20,834
          Acquired Intangible Lease Assets
$
706,318
$
224,910
$
706,318
$
157,713
                 
Acquired Below-Market Lease Intangibles
   (weighted average life of 81 and 93 months, respectively)
$
283,495
$
83,820
$
283,495
$
54,236
                 
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]
Minimum future rent

2019
$
714,367
2020
 
660,207
2021
 
664,650
2022
 
673,025
2023
 
497,502
Thereafter
 
1,135,177
 
$
4,344,928