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Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

Discontinued operations

		Three Months Ended September 30				Nine Months Ended September 30
		2012		2011		2012		2011

Rental Income	$	0	$	34,285	$	21,411	$	132,227
Property Management Expenses		0		(860)		0		(1,895)
Depreciation		0		(7,304)		0		(21,914)
Gain on Disposal of Real Estate		0		94,815		435,702		132,756
Income from Discontinued Operations	$	0	$	120,936	$	457,113	$	241,174

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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