XML 13 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS AND OTHER COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Revenues        
Real Estate Rentals $ 10,215 $ 8,806 $ 29,849 $ 26,792
Total Revenues 10,215 8,806 29,849 26,792
Costs and Expenses        
General & Administrative 1,183 2,158 4,393 5,785
Professional expenses 2,000 2,000 11,500 14,023
Total Operating Expenses 3,183 4,158 15,893 19,808
Income (Loss) from operations before other income (expenses) 7,032 4,648 13,956 6,984
Other income (expenses)        
Interest Expense (1,454) (1,551) (4,550) (5,027)
Income before Income Taxes 5,578 3,097 9,406 1,957
Income Taxes Expense (Benefit) 1,892 1,059 5,380 4,298
NET INCOME $ 3,686 $ 2,038 $ 4,026 $ (2,341)
Weighted average number of common shares outstanding 2,292,945 2,292,945 2,292,945 2,292,945
Diluted average weighted number of common shares 2,302,945 2,302,945 2,302,945 2,292,945
Basic Net Income per Share $ 0.0016 $ 0.0009 $ 0.0018 $ (0.0010)
Dilutive Net Income per Share $ 0.0016 $ 0.0009 $ 0.0018 $ (0.0010)
Other Income (Loss)        
Translation Adjustments $ 16,557 $ 6,159 $ 42,928 $ (5,480)
Total Comprehensive Income $ 20,243 $ 8,197 $ 46,954 $ (7,821)