Cash Held in Escrow

12 Months Ended

Mar. 31, 2014

Disclosure Text Block [Abstract]

Cash Held In Escrow [Text Block]

NOTE 5 – Cash Held in Escrow

Cash held in escrow from operations consists of the following:

	March 31,
	2014		2013
Purchase price payments*	$	123,250	$	123,250
Real estate taxes, insurance and other		128,628		207,784
Reserve for replacements		585,733		705,807
Tenant security deposits		230,726		262,878
	$	1,068,337	$	1,299,719
* Represents amounts to be paid to seller upon meeting specified rental achievement criteria.