Members' Capital

9 Months Ended

Sep. 30, 2019

12. Members’ Capital:

A total of 2,565,749 Units were issued and outstanding as of both September 30, 2019 and December 31, 2018, including the 50 Units issued to the initial member (Managing Member). The Fund was authorized to issue up to 15,000,000 Units in addition to the Units issued to the initial member.

Distributions to the Other Members for the three and nine months ended September 30, 2019 and September 30, 2018 were as follows (in thousands except units and per unit data):


		Three Months Ended				Nine Months Ended
		September 30,				September 30,
	2019		2018		2019		2018
Distributions	$	513	$	512	$	1,539	$	1,537
Weighted average number of Units outstanding		2,565,749		2,565,749		2,565,749		2,567,477
Weighted average distributions per Unit	$	0.20	$	0.20	$	0.60	$	0.60