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TAXABLE INCOME AND TAX BASIS (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
TAXABLE INCOME AND TAX BASIS                      
Taxable net income                 $ 4,841,000    
Excess amount of statement income over taxable income                 672,000    
Excess amount of cumulative statement basis over cumulative taxable basis $ 878,000               878,000    
Excess amount of statement income from joint venture investments over taxable income                 1,121,000    
Reconciliation of GAAP net income to taxable income                      
Financial statement ("book") net income $ 1,576,877 $ 660,329 $ 53,326 $ 1,878,558 $ 1,688,270 $ 871,720 $ 2,483,707 $ 1,894,234 4,169,090 $ 6,937,931 $ 4,950,852
Book/Tax differences from depreciation and amortization                 (4,675,000) (3,097,000) (1,411,000)
Book/Tax differences on tax free exchanges                 (1,087,000) (1,344,000) (1,257,000)
Book/Tax differences from Investment Properties                 (313,000)   279,000
Increase (Decrease) in prepaid rent and allowances                 234,000 253,000 375,000
Other                 3,713,000    
Taxable income (loss)                 $ 4,841,000 $ 5,438,000 $ 4,893,000