Revenue Recognition

6 Months Ended

Jun. 30, 2013

Revenue Recognition

Revenue Recognition

Note 4.  Revenue Recognition

Rental income from operating leases is recognized on a straight line basis over the life of lease agreements. We increased rental income to record revenue on a straight line basis by $745 and $694 for the three months ended June 30, 2013 and 2012, respectively, and $1,654 and $1,564 for the six months ended June 30, 2013 and 2012, respectively.  Rents receivable include $9,076 and $7,455 of straight line rent receivables at June 30, 2013 and December 31, 2012, respectively.