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Balance Sheets (USD $)
Jun. 30, 2013
Dec. 31, 2012
Assets:    
Land $ 3,780,435 $ 3,780,435
Building and improvements, less accumulated depreciation of $4,407,386 and $3,987,525 as of June 30, 2013 and December 31, 2012, respectively 20,567,902 20,654,102
Intangible lease assets, less accumulated amortization of $1,233,942 and $2,483,210 as of June 30, 2013 and December 31, 2012, respectively 600,431 809,143
Construction in progress 37,590 33,280
Total real estate assets 24,986,358 25,276,960
Cash and cash equivalents 6,628,592 6,586,461
Tenant receivables 614,385 592,114
Other assets 350,691 473,575
Deferred financing costs, less accumulated amortization of $1,034,922 and $827,906 as of June 30, 2013 and December 31, 2012, respectively 207,015 414,031
Intangible lease origination costs, less accumulated amortization of $767,509 and $2,114,913 as of June 30, 2013 and December 31, 2012, respectively 331,640 504,396
Deferred leasing costs, less accumulated amortization of $487,242 and $402,870 as of June 30, 2013 and December 31, 2012, respectively 1,321,502 1,405,874
Total assets 34,440,183 35,253,411
Liabilities:    
Accounts payable, accrued expenses and accrued capital expenditures 294,469 586,673
Due to affiliates 20,133 34,071
Deferred income 342,150 208,941
Intangible lease liabilities, less accumulated amortization of $156,722 and $294,789 as of June 30, 2013 and December 31, 2012, respectively 67,720 91,683
Total liabilities 724,472 921,368
Commitments and Contingencies      
Members' Capital:    
Member Shares, $1,000 par value; 150,000 shares authorized; 51,854 shares issued and outstanding 33,715,711 34,332,043
Total liabilities and members' capital $ 34,440,183 $ 35,253,411