XML 29 R19.htm IDEA: XBRL DOCUMENT v3.4.0.3
Organization and Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2016
Organization And Accounting Policies Tables  
Summary of Interest Rate Swap Agreement

As of March 31, 2016, the Company has an interest rate swap agreement that has the effect of fixing interest rates relative to a specific mortgage loan as follows:

 

Mortgage   Due Date   Mortgage
Interest Rate
  Effective
Fixed Rate
    Balance
3/31/16
 
                         
Various – 11 properties   8/1/2017   LIBOR + 3.00%     3.89 %   $ 11,218,570