XML 20 R29.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 6 - Real Estate and Related Assets: Schedule of real estate and related assets (Details) (USD $)
9 Months Ended
Sep. 30, 2012
Useful life Useful Life
Land
 
Cost 1,280,000
Book Value 1,280,000
Building
 
Cost 1,130,292
Useful life 20
Accumulated Depreciation/Amortization 86,493
Book Value 1,043,799
Building Improvements
 
Cost 529,387
Useful life 7
Accumulated Depreciation/Amortization 115,732
Book Value 413,655
Subtotal real estate assets
 
Cost 2,939,679
Accumulated Depreciation/Amortization 202,225
Book Value 2,737,454
Leases in place value
 
Cost 1,624,052
Useful life 7
Accumulated Depreciation/Amortization 355,043
Book Value 1,269,009
Unamortized tenant improvement allowances
 
Cost 530,444
Useful life 12
Accumulated Depreciation/Amortization 67,652
Book Value 462,792
Real estate intangible assets
 
Cost 2,154,496
Accumulated Depreciation/Amortization 422,695
Book Value 1,731,801
Total real estate assets
 
Cost 5,094,175
Accumulated Depreciation/Amortization 624,920
Book Value 4,469,255
Below market lease value aquired
 
Cost (769,175)
Useful life 12
Accumulated Depreciation/Amortization (98,099)
Book Value (671,076)