Leases

12 Months Ended

Dec. 31, 2012

Leases [Abstract]

Leases

LEASES

The Company is a lessor of certain property pursuant to various commercial lease agreements having terms ranging up to 60 years. The Company generates income from commercial rents. The following is a summary of Building and Improvements information as of December 31, 2012:

Buildings and Improvements
Cost	$	7,942,000
Accumulated Depreciation	$	4,012,000

The following is a summary of income from commercial rents included in real estate revenue as of December 31:

	2012		2011		2010
Base rent	$	4,861,000	$	4,620,000	$	4,494,000
Percentage rent	$	707,000	$	310,000	$	443,000

Future minimum rental income on commercial, communication and right-of-way leases as of December 31, 2012:

2013		2014		2015		2016		2017		Thereafter
$	4,423,000	$	4,324,000	$	4,106,000	$	3,969,000	$	3,979,000	$	26,228,000