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Members' Equity
9 Months Ended
Sep. 30, 2019
Disclosure Text Block Supplement [Abstract]  
Members' Equity Notes Disclosure [Text Block]
(6)  Members’ Equity –

For the nine months ended September 30, 2019 and 2018, the Company declared distributions of $283,297 and $509,479, respectively.  The Limited Members received distributions of $274,798 and $495,003 and the Managing Members received distributions of $8,499 and $14,476 for the periods, respectively.  The Limited Members' distributions represented $0.16 and $0.28 per LLC Unit outstanding using 1,738,006 weighted average Units in both years.  The distributions represented $0.00 and $0.08 per Unit of Net Income and $0.16 and $0.20 per Unit of return of contributed capital in 2019 and 2018, respectively.

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