Balance Sheets (USD $)	Jun. 30, 2012	Dec. 31, 2011
Assets:
Land	$ 3,780,435	$ 7,281,349
Building and improvements, less accumulated depreciation of $3,574,284 and $5,740,531 as of June 30, 2012 and December 31, 2011, respectively	22,520,314	40,543,466
Intangible lease assets, less accumulated amortization of $2,252,269 and $2,021,328 as of June 30, 2012 and December 31, 2011, respectively	1,040,084	1,271,025
Construction in progress	0	160,940
Total real estate assets	27,340,833	49,256,780
Cash and cash equivalents	6,872,124	2,963,396
Tenant receivables	677,822	2,593,389
Other assets	401,316	1,688,101
Deferred financing costs, less accumulated amortization of $620,890 and $413,874 as of June 30, 2012 and December 31, 2011, respectively	621,047	828,063
Intangible lease origination costs, less accumulated amortization of $1,918,981 and $1,723,048 as of June 30, 2012 and December 31, 2011, respectively	700,328	896,261
Deferred leasing costs, less accumulated amortization of $327,378 and $599,672 as of June 30, 2012 and December 31, 2011, respectively	735,466	2,349,390
Total assets	37,348,936	60,575,380
Liabilities:
Note payable	0	19,237,786
Accounts payable, accrued expenses and accrued capital expenditures	303,771	1,540,206
Due to affiliates	48,653	39,224
Deferred income	209,805	491,706
Intangible lease liabilities, less accumulated amortization of $268,356 and $241,923 as of June 30, 2012 and December 31, 2011, respectively	118,116	144,549
Total liabilities	680,345	21,453,471
Commitments and Contingencies
Members' Capital:
Member Shares, $1,000 par value; 150,000 shares authorized; 51,854 shares issued and outstanding	36,668,591	39,121,909
Total liabilities and members’ capital	$ 37,348,936	$ 60,575,380