Related Party Transactions (Details) - USD ($) |
Jun. 30, 2015 |
Dec. 31, 2014 |
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RELATED PARTY TRANSACTIONS DETAILS | ||
Company will pay rental revenue to the Manager for property management services | 8.00% | |
Base management fee equal to Company's net asset value per annum in percentage | 2.00% | |
Base management fee equal to Company's net asset value payable per calendar month | $ 30,000 | |
Management fees due | 90,000 | $ 0 |
Cumulative Management fees due | $ 450,000 | $ 270,000 |
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- Definition Amount of expenses related to the managing member or general partner for management of the day-to-day business functions of the limited liability company (LLC) or limited partnership (LP). No definition available.
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- Definition Amount of expenses related to the managing member or general partner for management of the day-to-day business functions of the limited liability company (LLC) or limited partnership (LP). No definition available.
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). No definition available.
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- Definition CumulativeManagementFeesDue1 No definition available.
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- Definition ManagementFeesDue1 No definition available.
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- References No definition available.
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