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RENTAL INCOME (Tables) - 10Q

9 Months Ended

Sep. 30, 2014

RENTAL INCOME

Schedule of minimum future annual rental income on non-cancellable operating leases

		Commercial Property Leases
2015		$	2,754,000
2016		2,299,000
2017		1,532,000
2018		1,188,000
2019		794,000
Thereafter		837,000
		$	9,404,000

Schedule of information for commercial leases

									Percentage of
		Annual base rent			Total square feet		Total number		annual base rent for
		for expiring leases			for expiring leases		of leases expiring		expiring leases
Through September 30,
2015		$	386,561		20,703		11		13	%
2016		685,229			24,656		7		23	%
2017		576,040			20,023		9		20	%
2018		340,173			10,377		6		11	%
2019		632,886			22,657		7		21	%
2020		141,831			3,056		2		5	%
2021		64,800			1,800		1		2	%
2022		0			0		0		0	%
2023		0			0		0		0	%
2024		157,443			4,771		1		5	%
Totals		$	2,984,963		108,043		44		100	%

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- Definition

Tabular disclosure of information related to commercial leases, including annual base rent, total square feet, total number, and percentage of annual base rent for expiring leases.

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- Definition

Tabular disclosure of future minimum rental receivable in the aggregate and for each of the five succeeding fiscal years for noncancelable operating leases.

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