XML 31 R18.htm IDEA: XBRL DOCUMENT v3.5.0.2
Subsequent Events
6 Months Ended
Jun. 30, 2016
Subsequent Events [Abstract]  
Subsequent Events

12. SUBSEQUENT EVENTS

 

Applebee’s – 2755 Brice Road, Columbus, OH

 

On July 8, 2016, the tenant, RMH Franchise Corporation, and the Partnership, agreed to a two year extension of a lease for the Property operated as an Applebee’s restaurant upon the exercise of an option to extend the lease. That lease now expires October 31, 2018 and the rent will increase by 2% each year, effective November 1, 2016 and 2017.

 

We have reviewed all material events through the date of this report in accordance with ASC 855-10.