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Real Estate Transactions (Tables)

12 Months Ended

Dec. 31, 2014

Real Estate Transactions [Abstract]

Properties Acquired and Sold

				Buildings		Tenant		In-place		Leasing		Purchase
		Land		and other		Improvements		Leases		Costs		Price

Bismarck, ND	$	413,000	$	4,233,700	$	474,400	$	164,300	$	64,600	$	5,350,000
Lakewood, CO		1,717,000		5,267,900		1,643,300		370,100		426,700		9,425,000
Colorado Springs, CO		2,025,000		10,417,901		1,583,869		762,875		710,355		15,500,000
Colorado Springs, CO		1,750,000		8,890,316		153,392		124,974		292,987		11,211,669
Centennial, CO		1,420,000		8,766,628		385,332		993,252		284,788		11,850,000
Model Home		1,023,830		4,702,870		-		-		-		5,726,700
Total	$	8,348,830	$	42,279,315	$	4,240,293	$	2,415,501	$	1,779,430	$	59,063,369


	During the year ended December 31, 2014, the Company sold the following properties:


							Buildings		Total		Total
					Land		and other		Cost		Gain


			Model Homes (1)	$	2,169,560	$	13,887,961	$	16,057,521		3,371,031
			Fontana Medical Center (2)		556,858		1,709,576		2,266,434		1,749,668
			Total	$	2,726,418	$	15,597,537	$	18,323,955		5,120,699

(1)	NetREIT Dubose, Dubose Model Home Investors #201 LP and Dubose Model Home Investors #202 LP sold forty five (45) model home properties upon maturity of the leases for an aggregate slaes price of $20.9 million

(2)	The Fontana Medical Plaza property was acquired in 2009 in a joint venture that the Company had a 51% controlling interest. The property was sold for $4.1 million.