Investment Properties and Property Held for Sale (Tables)

3 Months Ended

Mar. 31, 2018

Real Estate [Abstract]

Components of Property Held for Sale

The components of property held for sale in the balance sheets as of March 31, 2018 and December 31, 2017 are outlined below:

	March 31, 2018		December 31,2017
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 three months ended March 31, 2018 and 2017 are outlined below:

	March 31, 2018			March 31, 2017
Revenues
Base Rent	$	-		$	-
Total Revenues	$	-		$	-
Expenses
Insurance	$	798		$	518
Property tax expense		1,545			1,500
Maintenance expense		1,226			1,453
Total Expenses	$	3,569		$	3,471
Net Loss from Discontinued Operations	$	(3,569	)	$	(3,471	)