Investment Properties and Property Held for Sale (Tables)

12 Months Ended

Dec. 31, 2016

Real Estate [Abstract]

Components of Property Held for Sale

The components of property held for sale in the balance sheets as of December 31, 2016 and 2015 are outlined below:

	December 31, 2016		December 31, 2015
Balance Sheet:
Land	$	266,175	$	-
Buildings, net		50,976		-
Properties held for sale	$	317,151	$	-

Components of Discontinued Operations Included in Statements of Income (Loss)

The components of discontinued operations included in the statements of income for the years ended December 31, 2016 and 2015 are outlined below:

	December 31, 2016		December 31, 2015
Revenues
Base Rent	$	71,483	$	84,120
Percentage Rent		10,251		13,201
Total Revenues	$	81,734	$	97,321
Expenses
Insurance		1,250		-
Property tax expense		872		-
Maintenance expense		1,132		-
Depreciation		10,702		11,214
Amortization		2,304		2,484
Other expenses		-		67
Total Expenses	$	16,260	$	13,765
Net Income from Discontinued Operations	$	65,474	$	83,556