XML 44 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
DISCONTINUED OPERATIONS (Tables)
6 Months Ended
Jun. 30, 2013
DISCONTINUED OPERATIONS  
Summary of income from discontinued operations

 

 

 

June 30,

 

June 30,

 

 

 

2013

 

2012

 

Total Revenues

 

$

193,274

 

$

227,960

 

Operating and other expenses

 

171,290

 

160,746

 

Depreciation and amortization

 

2,111

 

22,714

 

 

 

173,401

 

183,460

 

Income from discontinued operations

 

$

19,873

 

$

44,500

 

Schedule of gain on the sale of Nashoba

Gain on the Sale of Nashoba in the second quarter of 2013:

 

Sale price

 

$

4,300,000

 

 

 

Net book value

 

476,766

 

 

 

Expense of sale

 

144,455

 

 

 

 

 

 

 

 

 

Gain on the sale of real estate

 

$

3,678,779