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TAXABLE INCOME AND TAX BASIS (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
TAXABLE INCOME AND TAX BASIS                      
Taxable net income                 $ 5,438,000    
Excess amount of statement income over taxable income                 1,500,000    
Excess amount of cumulative statement basis over cumulative taxable basis $ 1,532,000               1,532,000    
Excess amount of statement income from joint venture investments over taxable income                 5,000,000    
Reconciliation of GAAP net income to taxable income                      
Financial statement ("book") net income $ 1,688,270 $ 871,720 $ 2,483,707 $ 1,894,234 $ 1,528,755 $ 1,210,747 $ 980,586 $ 1,230,764 6,937,931 $ 4,950,852 $ 3,772,565
Book/Tax differences from depreciation and amortization                 (3,097,000) (1,411,000) (2,513,000)
Book/Tax differences on tax free exchanges                 (1,344,000) (1,257,000) (501,000)
Book/Tax differences from Investment Properties                   279,000 74,000
Increase (Decrease) in prepaid rent and allowances                 253,000 375,000 413,000
Other                     6,000
Taxable income (loss)                 $ 5,438,000 $ 4,893,000 $ 2,106,000