Discontinued Operations

3 Months Ended

Dec. 31, 2013

Discontinued Operations [Abstract]

DISCONTINUED OPERATIONS

NOTE 4 – DISCONTINUED OPERATIONS

Discontinued Operations for the three months ended December 31, 2012, include the operations of the Company’s 40,560 square foot building located in Greensboro, NC, which was classified as Held for Sale as of December 31, 2012. On February 19, 2013, the Greensboro, NC property was sold for net sale proceeds of $1,413,891. The following table summarizes the components of Discontinued Operations:

	Three Months Ended
	12/31/2012
Rental and Reimbursement Revenue	$32,258
Real Estate Taxes	(6,354)
Operating Expenses	(9,836)
Depreciation & Amortization	(20,094)
Loss from Operations of Disposed Property	(4,026)
Gain (Loss) on Sale of Investment Property	-0-
Loss from Discontinued Operations	$(4,026)

Cash Flows from Discontinued Operations for the three months ended December 31, 2012 are combined with the Cash Flows from Operations within each of the three categories presented. Cash Flows from Discontinued Operations are as follows:

	Three Months
	Ended
	12/31/2012
Cash flows from Operating Activities	$(2,507)
Cash flows from Investing Activities	-0-
Cash flows from Financing Activities	-0-

The absence of Cash Flows from Discontinued Operations is not expected to materially affect future liquidity and capital resources.