Real Estate Investments (Tables)

12 Months Ended

Dec. 31, 2019

Real Estate [Abstract]

Property, Plant and Equipment [Table Text Block]

Properties not held for sale

Property	Land		Buildings		Total		Accumulated Depreciation
Jared Jewelry, Hanover, MD	$	861,052	$	1,128,053	$	1,989,105	$	596,924
Staples, Vernon Hills, IL		882,000		2,832,638		3,714,638		1,003,219
Family Dollar, Mobile, AL		300,000		635,489		935,489		157,994
Fresenius Medical Center, Green, OH		400,000		1,717,051		2,117,051		290,949
Dollar Tree, Indianapolis, IN		410,000		1,087,714		1,497,714		143,514
Bassett Home Furn., Fredericksburg, VA		3,111,650		0		3,111,650		0
	$	5,964,702	$	7,400,945	$	13,365,647	$	2,192,600

Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]

Acquired lease intangibles not held for sale

		2019				2018
		Cost		Accumulated Amortization		Cost		Accumulated Amortization
In-Place Lease Intangibles (weighted average life of 82 and 67 months, respectively)	$	1,174,241	$	391,691	$	675,154	$	291,895
Above-Market Lease Intangibles (weighted average life of 30 and 42 months, respectively)		284,566		212,829		284,566		184,133
Acquired Intangible Lease Assets	$	1,458,807	$	604,520	$	959,720	$	476,028
Acquired Below-Market Lease Intangibles (weighted average life of 118 and 0 months, respectively)	$	444,840	$	28,244	$	0	$	0

Finite-lived Intangible Assets Amortization Expense [Table Text Block]

Estimated Amortization

	Amortization Expense for In-Place Lease Intangibles		Decrease to Rental Income for Above-Market Leases		Increase to Rental Income for Below-Market Leases
2020	$	115,640	$	28,696	$	42,368
2021		115,640		28,696		42,368
2022		106,023		14,345		42,368
2023		96,396		0		42,368
2024		96,396		0		42,368
	$	530,095	$	71,737	$	211,840

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

Minimum future rent

2020	$	1,046,428
2021		1,055,148
2022		805,648
2023		694,109
2024		519,981
Thereafter		1,242,379
	$	5,363,693