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Investment Properties and Properties Held for Sale (Tables)
3 Months Ended
Mar. 31, 2015
Real Estate [Abstract]  
Components of Discontinued Operations Included in Statements of Income

The components of discontinued operations included in the condensed statement of income for the three month periods ended March 31, 2015 and 2014 are outlined below:

 

     Three Month Period Ended  
     March 31, 2015      March 31, 2014  
     (Unaudited)      (Unaudited)  

Statements of Income:

     

Revenues:

     

Rental income

   $ 0       $ 16,650   
  

 

 

    

 

 

 

Total Revenues

$ 0    $ 16,650   
  

 

 

    

 

 

 

Expenses:

Depreciation expense

$ 0    $ 3,688   

Amortization expense

  0      445   
  

 

 

    

 

 

 

Total Expenses

$ 0    $ 4,133   
  

 

 

    

 

 

 

Net Income from Discontinued Operations

$ 0    $ 12,517