RENTAL INCOME (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of minimum future annual rental income on non-cancellable operating leases

Approximately 7% was related to commercial properties, which have minimum future annual rental income on non-cancellable operating leases at March 31, 2016 as follows:


	Commercial
	Property Leases
2017	$	2,751,000
2018		2,164,000
2019		1,873,000
2020		1,318,000
2021		855,000
Thereafter		594,000
	$	9,555,000

Schedule of information for commercial leases


	Annual base				Percentage of
	rent for		Total square feet	Total number of	annual base rent for
Through March 31,	expiring leases		for expiring leases	leases expiring	expiring leases
2017	$	563,446	22,958	10	20	%
2018		196,867	7,111	6	7	%
2019		459,360	13,540	9	16	%
2020		756,358	26,866	12	26	%
2021		121,632	1,523	3	4	%
2022		647,765	31,274	3	22	%
2023		—	—	—	—	%
2024		157,443	4,771	1	5	%
2025		—	—	—	—	%
2026		—	—	—	—	%
Totals	$	2,902,871	108,043	44	100	%