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Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
REVENUE
Lease income from capital lease - railroad, net	$ 915,000	$ 915,000
Rental income	1,050,110	1,050,110
Misc. income	9,513	17,155
TOTAL REVENUE	1,974,623	1,982,265
EXPENSES
Amortization of intangible assets	237,142	237,142
General and administrative	398,443	384,092
Property tax	22,012	22,715
Litigation expenses (see note 10)		130,279
Interest expense	478,215	489,564
TOTAL EXPENSES	1,135,812	1,263,792
NET INCOME	838,811	718,473
Preferred Stock Dividends	(280,232)	(279,871)
NET INCOME ATTRIBUTABLE TO COMMON SHARES	$ 558,579	$ 438,602
Income Per Common Share:
Basic and diluted	$ 0.30	$ 0.24
Weighted Average Number of Shares Outstanding:
Basic and diluted	1,848,739	1,809,672
Cash dividend per Series A Preferred Share	$ 1.94	$ 1.94

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