Rentals under Operating Leases

12 Months Ended

Dec. 31, 2012

5.	Rentals under Operating Leases

Future minimum rentals to be received under noncancelable tenant operating leases for each of the next five years and thereafter, excluding CAM and percentage rent based on tenant sales volume, as of December 31, 2012 are as follows:


	Years Ending December 31,
2013	$	4,790,281
2014		4,462,256
2015		4,088,263
2016		3,634,434
2017		3,206,532
Thereafter		8,328,208

	$	28,509,974

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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