Quarterly report pursuant to Section 13 or 15(d)

Property Portfolio (Tables)

v3.5.0.2
Property Portfolio (Tables)
 6 Months Ended
Jun. 30, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]
A rollforward of the gross investment in land, building and improvements as of June 30, 2016 resulting from the addition of the three properties is as follows:
 
 
 
Land
 
Building & Improvements
 
Gross Investment
 
Balances as of January 1, 2016
 
$
4,563,852
 
$
51,574,271
 
$
56,138,123
 
Acquisitions:
 
 
 
 
 
 
 
 
 
 
Plano Facility
 
 
1,050,000
 
 
16,696,139
 
 
17,746,139
 
Melbourne Facility
 
 
1,200,000
 
 
14,250,000
 
 
15,450,000
 
Westland Facility
 
 
230,000
 
 
4,520,000
 
 
4,750,000
 
Total Additions:
 
 
2,480,000
 
 
35,466,139
 
 
37,946,139
 
Balances as of June 30, 2016
 
$
7,043,852
 
$
87,040,410
 
$
94,084,262