Investment Properties and Property Held for Sale (Tables)

12 Months Ended

Dec. 31, 2017

Real Estate [Abstract]

Components of Property Held for Sale

The components of property held for sale in the balance sheets as of December 31, 2017 and 2016 are outlined below:

	December 31, 2017		December 31, 2016
Balance Sheet:
Land	$	266,175	$	266,175
Buildings, net		50,976		50,976
Properties held for sale	$	317,151	$	317,151

Components of Discontinued Operations Included in Statements of Income

The components of discontinued operations included in the statements of income for the years ended December 31, 2017 and 2016 are outlined below:

	December 31, 2017			December 31, 2016
Revenues
Base Rent	$	-		$	71,483
Percentage Rent		-			10,251
Total Revenues	$	-		$	81,734
Expenses
Insurance	$	1,426		$	1,250
Property tax expense		6,078			872
Maintenance expense		6,828			1,132
Depreciation		-			10,702
Amortization		-			2,304
Appraisals		1,650			2,500
Total Expenses	$	15,982		$	18,760
Net Income from Discontinued Operations	$	(15,982	)	$	62,974