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Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Leasing and lending activities:        
Operating lease revenue, net $ 445 $ 616 $ 1,340 $ 1,723
Notes receivable interest income   14 0 52
Gain (loss) on sales of lease assets (6) (111) 202 (111)
Other revenue     23 1
Total operating revenues 439 519 1,565 1,665
Operating expenses:        
Depreciation of operating lease assets 348 423 1,034 1,179
Asset management fees to Managing Member 53 64 165 195
Acquisition expense 2 3 4 17
Cost reimbursements to Managing Member and/or affiliates 74 92 230 274
Amortization of initial direct costs 6 9 21 24
Interest expense 14 20 47 65
Professional fees 43 26 126 127
Outside services 8 17 30 36
Taxes on income and franchise fees 1 1 4 3
Bank charges 8 9 24 25
Other 6 12 30 28
Total operating expenses 563 676 1,715 1,973
Net loss from operations (124) (157) (150) (308)
Other loss:        
Gain on sale of securities     0 78
Realized gain on sale of options     1 0
Unrealized loss on fair value adjustment for equity securities (10) (492) (266) (423)
Unrealized gain (loss) on fair value adjustment for warrants 1 4 3 (26)
Unrealized gain on fair valuation of options   34 0 34
Total other loss (9) (454) (262) (337)
Net loss (133) (611) (412) (645)
Net loss:        
Managing Member     0 0
Other Members (133) (611) (412) (645)
Net loss $ (133) $ (611) $ (412) $ (645)
Net loss per Limited Liability Company Unit - Other Members $ (0.05) $ (0.24) $ (0.16) $ (0.25)
Weighted average number of Units outstanding 2,565,749 2,565,749 2,565,749 2,565,749