AEI Income & Growth Fund 25 10-K 29 Mar 19 2018 FY Annual report Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Dec. 31, 2018USD ($)shares
Document and Entity Information [Abstract]
Entity Registrant Name	AEI Income & Growth fund 25 LLC
Document Type	10-K
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding | shares	39,820
Entity Public Float | $	$ 0
Amendment Flag	false
Entity Central Index Key	0001185198
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Ex Transition Period	false

Balance Sheet

Balance Sheet - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current Assets:
Cash	$ 2,217,588	$ 6,081,556
Real Estate Investments:
Land	8,104,682	8,005,563
Buildings	20,205,136	18,386,544
Acquired Intangible Lease Assets	2,168,000	1,487,092
Real Estate Held for Investment, at cost	30,477,818	27,879,199
Accumulated Depreciation and Amortization	(9,080,350)	(8,177,003)
Real Estate Held for Investment, Net	21,397,468	19,702,196
Total Assets	23,615,056	25,783,752
Current Liabilities:
Payable to AEI Fund Management, Inc.	210,532	155,267
Distributions Payable	424,329	720,251
Unearned Rent	27,083	15,485
Total Current Liabilities	661,944	891,003
Long-term Liabilities:
Acquired Below-Market Lease Intangibles, Net	46,177	59,693
Members’ Equity (Deficit):
Managing Members	(46,882)	7,265
Limited Members – 50,000 Units authorized; 39,820 and 40,042 Units issued and outstanding as of December 31, 2018 and 2017, respectively	22,953,817	24,825,791
Total Members’ Equity	22,906,935	24,833,056
Total Liabilities and Members’ Equity	$ 23,615,056	$ 25,783,752

Balance Sheet (Parentheticals)

Balance Sheet (Parentheticals) - Limited Partner [Member] - shares	Dec. 31, 2018	Dec. 31, 2017
Limited Members, units authorized	50,000	50,000
Limited Members, units issued	39,820	40,042
Limited Members, units outstanding	39,820	40,042

Statement of Operations

Statement of Operations - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Rental Income	$ 2,096,567	$ 2,248,223
Expenses:
LLC Administration – Affiliates	274,962	275,111
LLC Administration and Property Management – Unrelated Parties	253,307	204,589
Depreciation and Amortization	863,990	914,971
Real Estate Impairment	830,971	0
Total Expenses	2,223,230	1,394,671
Operating Income (Loss)	(126,663)	853,552
Other Income:
Gain on Sale of Real Estate	0	757,670
Interest Income	41,001	7,189
Total Other Income	41,001	764,859
Net Income	(85,662)	1,618,411
Net Income (Loss) Allocated:
Managing Members	(2,570)	64,238
Limited Members	$ (83,092)	$ 1,554,173
Net Income (Loss) per LLC Unit (in Dollars per share)	$ (2.08)	$ 38.70
Weighted Average Units Outstanding – Basic and Diluted (in Shares)	39,915	40,163

Statement of Cash Flows

Statement of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cash Flows from Operating Activities:
Net Income (Loss)	$ (85,662)	$ 1,618,411
Adjustments to Reconcile Net Income To Net Cash Provided by Operating Activities:
Depreciation and Amortization	889,831	963,357
Real Estate Impairment	830,971	0
Gain on Sale of Real Estate	0	(757,670)
Increase (Decrease) in Payable to AEI Fund Management, Inc.	55,265	88,994
Increase (Decrease) in Unearned Rent	11,598	0
Total Adjustments	1,787,665	294,681
Net Cash Provided By (Used For) Operating Activities	1,702,003	1,913,092
Cash Flows from Investing Activities:
Investments in Real Estate	(3,429,590)	(81,440)
Proceeds from Sale of Real Estate	0	3,939,360
Net Cash Provided By (Used For) Investing Activities	(3,429,590)	3,857,920
Cash Flows from Financing Activities:
Distributions Paid to Members	(1,989,497)	(1,707,176)
Repurchase of LLC Units	(146,884)	(121,485)
Net Cash Provided By (Used For) Financing Activities	(2,136,381)	(1,828,661)
Net Increase (Decrease) in Cash	(3,863,968)	3,942,351
Cash, beginning of year	6,081,556	2,139,205
Cash, end of year	$ 2,217,588	$ 6,081,556

Statement of Changes in Members

Statement of Changes in Members' Equity - USD ($)	Managing Member [Member]	Limited Member [Member]	Total
Balance at Dec. 31, 2016	$ 879	$ 25,337,464	$ 25,338,343
Balance (in Shares) at Dec. 31, 2016		40,216.65
Balance at Dec. 31, 2017	7,265	$ 24,825,791	24,833,056
Balance (in Shares) at Dec. 31, 2017		40,042.40
Distributions Declared	(54,208)	$ (1,948,005)	(2,002,213)
Repurchase of LLC Units	(3,644)	$ (117,841)	(121,485)
Units Repurchased (in Shares)		(174.25)
Net Income	64,238	$ 1,554,173	1,618,411
Balance at Dec. 31, 2018	(46,882)	$ 22,953,817	22,906,935
Balance (in Shares) at Dec. 31, 2018		39,820.36
Distributions Declared	(47,171)	$ (1,646,404)	(1,693,575)
Repurchase of LLC Units	(4,406)	$ (142,478)	(146,884)
Units Repurchased (in Shares)		(222.04)
Net Income	$ (2,570)	$ (83,092)	$ (85,662)

Organization

Organization	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	(1) Organization – AEI Income & Growth Fund 25 LLC (“Company”), a Limited Liability Company, was formed on June 24, 2002 to acquire and lease commercial properties to operating tenants. The Company's operations are managed by AEI Fund Management XXI, Inc. (“AFM”), the Managing Member. Robert P. Johnson, the President and sole director of AFM, serves as the Special Managing Member. AFM is a wholly owned subsidiary of AEI Capital Corporation of which Mr. Johnson is the majority shareholder. AEI Fund Management, Inc. (“AEI”), an affiliate of AFM, performs the administrative and operating functions for the Company. The terms of the offering called for a subscription price of $1,000 per LLC Unit, payable on acceptance of the offer. The Company commenced operations on September 11, 2003 when minimum subscriptions of 1,500 LLC Units ($1,500,000) were accepted. The offering terminated May 12, 2005, when the extended offering period ended. The Company received subscriptions for 42,434.763 Units. Under the terms of the Operating Agreement, the Limited Members and Managing Members contributed funds of $42,434,763 and $1,000, respectively. The Company shall continue until December 31, 2053, unless dissolved, terminated and liquidated prior to that date. During operations, any Net Cash Flow, as defined, which the Managing Members determine to distribute will be distributed 97% to the Limited Members and 3% to the Managing Members. Distributions to Limited Members will be made pro rata by Units. Any Net Proceeds of Sale, as defined, from the sale or financing of properties which the Managing Members determine to distribute will, after provisions for debts and reserves, be paid in the following manner: (i) first, 99% to the Limited Members and 1% to the Managing Members until the Limited Members receive an amount equal to: (a) their Adjusted Capital Contribution plus (b) an amount equal to 7% of their Adjusted Capital Contribution per annum, cumulative but not compounded, to the extent not previously distributed from Net Cash Flow; (ii) any remaining balance will be distributed 90% to the Limited Members and 10% to the Managing Members. Distributions to the Limited Members will be made pro rata by Units. For tax purposes, profits from operations, other than profits attributable to the sale, exchange, financing, refinancing or other disposition of property, will be allocated 97% to the Limited Members and 3% to the Managing Members. Net losses from operations will be allocated 99% to the Limited Members and 1% to the Managing Members. For tax purposes, profits arising from the sale, financing, or other disposition of property will be allocated in accordance with the Operating Agreement as follows: (i) first, to those Members with deficit balances in their capital accounts in an amount equal to the sum of such deficit balances; (ii) second, 99% to the Limited Members and 1% to the Managing Members until the aggregate balance in the Limited Members' capital accounts equals the sum of the Limited Members' Adjusted Capital Contributions plus an amount equal to 7% of their Adjusted Capital Contributions per annum, cumulative but not compounded, to the extent not previously allocated; (iii) third, the balance of any remaining gain will then be allocated 90% to the Limited Members and 10% to the Managing Members. Losses will be allocated 99% to the Limited Members and 1% to the Managing Members. The Managing Members are not required to currently fund a deficit capital balance. Upon liquidation of the Company or withdrawal by a Managing Member, the Managing Members will contribute to the Company an amount equal to the lesser of the deficit balances in their capital accounts or 1.01% of the total capital contributions of the Limited Members over the amount previously contributed by the Managing Members. In July 2018, the Managing Member mailed a Consent Statement (Proxy) seeking the consent of the Limited Members to continue the Company for an additional 60 months or to initiate the final disposition, liquidation and distribution of all of the Company’s properties and assets. Approval of either proposal required the affirmative vote of holders of a majority of the outstanding units. On August 24, 2018, the votes were counted and neither proposal received the required majority vote. As a result, the Company will not liquidate and will continue in operation until the Limited Members vote to authorize the sale of all of the Company’s properties or December 31, 2053, as stated in the Operating Agreement. However, in approximately five years, the Managing Member expects to again submit the question to liquidate to a vote by the Limited Members.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	(2) Summary of Significant Accounting Policies – Financial Statement Presentation The accounts of the Company are maintained on the accrual basis of accounting for both federal income tax purposes and financial reporting purposes. Accounting Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with United States Generally Accepted Accounting Principles (US GAAP). Those estimates and assumptions may affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from those estimates. Significant items, subject to such estimates and assumptions, include the carrying value of real estate held for investment, real estate held for sale and related intangible assets. The Company regularly assesses whether market events and conditions indicate that it is reasonably possible to recover the carrying amounts of its investments in real estate from future operations and sales. A change in those market events and conditions could have a material effect on the carrying amount of its real estate. Cash Concentrations of Credit Risk The Company's cash is deposited in one financial institution and at times during the year it may exceed FDIC insurance limits. Receivables Credit terms are extended to tenants in the normal course of business. The Company performs ongoing credit evaluations of its customers’ financial condition and, generally, requires no collateral. Receivables are recorded at their estimated net realizable value. The Company follows a policy of providing an allowance for doubtful accounts; however, based on historical experience, and its evaluation of the current status of receivables, the Company is of the belief that such accounts, if any, will be collectible in all material respects and thus an allowance is not necessary. Accounts are considered past due if payment is not made on a timely basis in accordance with the Company’s credit terms. Receivables considered uncollectible are written off. Income Taxes The income or loss of the Company for federal income tax reporting purposes is includable in the income tax returns of the Members. In general, no recognition has been given to income taxes in the accompanying financial statements. The tax return and the amount of distributable Company income or loss are subject to examination by federal and state taxing authorities. If such an examination results in changes to distributable Company income or loss, the taxable income of the members would be adjusted accordingly. Primarily due to its tax status as a partnership, the Company has no significant tax uncertainties that require recognition or disclosure. The Company is no longer subject to U.S. federal income tax examinations for tax years before 2015, and with few exceptions, is no longer subject to state tax examinations for tax years before 2015. Revenue Recognition The Company's real estate is leased under net leases, classified as operating leases. The leases provide for base annual rental payments payable in monthly installments. The Company recognizes rental income according to the terms of the individual leases. For leases that contain stated rental increases, the increases are recognized in the year in which they are effective. Contingent rental payments are recognized when the contingencies on which the payments are based are satisfied and the rental payments become due under the terms of the leases. Real Estate Upon acquisition of real properties, the Company records them in the financial statements at cost. The purchase price is allocated to tangible assets, consisting of land and building, and to identified intangible assets and liabilities, which may include the value of above market and below market leases and the value of in-place leases. The allocation of the purchase price is based upon the fair value of each component of the property. Although independent appraisals may be used to assist in the determination of fair value, in many cases these values will be based upon management’s assessment of each property, the selling prices of comparable properties and the discounted value of cash flows from the asset. The fair values of above market and below market in-place leases will be recorded based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) an estimate of fair market lease rates for the corresponding in-place leases measured over a period equal to the non-cancelable term of the lease including any bargain renewal periods. The above market and below market lease values will be capitalized as intangible lease assets or liabilities. Above market lease values will be amortized as an adjustment of rental income over the remaining term of the respective leases. Below market lease values will be amortized as an adjustment of rental income over the remaining term of the respective leases, including any bargain renewal periods. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of above market and below market in-place lease values relating to that lease would be recorded as an adjustment to rental income. The fair values of in-place leases will include estimated direct costs associated with obtaining a new tenant, and opportunity costs associated with lost rentals which are avoided by acquiring an in-place lease. Direct costs associated with obtaining a new tenant may include commissions, tenant improvements, and other direct costs and are estimated, in part, by management’s consideration of current market costs to execute a similar lease. These direct costs will be included in intangible lease assets on the balance sheet and will be amortized to expense over the remaining term of the respective leases. The value of opportunity costs will be calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease. These intangibles will be included in intangible lease assets on the balance sheet and will be amortized to expense over the remaining term of the respective leases. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of in-place lease assets relating to that lease would be expensed. The Company tests real estate for recoverability when events or changes in circumstances indicate that the carrying value may not be recoverable. For properties the Company will hold and operate, it compares the carrying amount of the property to the estimated probability-weighted future undiscounted cash flows expected to result from the property and its eventual disposition. If the sum of the expected future cash flows is less than the carrying amount of the property, the Company recognizes an impairment loss by the amount by which the carrying amount of the property exceeds the fair value of the property. For properties held for sale, the Company determines whether impairment has occurred by comparing the property’s estimated fair value less cost to sell to its current carrying value. If the carrying value is greater than the net realizable value, an impairment loss is recorded to reduce the carrying value of the property to its net realizable value. For financial reporting purposes, the buildings owned by the Company are depreciated using the straight-line method over an estimated useful life of 25 years. Intangible lease assets are amortized using the straight-line method for financial reporting purposes based on the remaining life of the lease. The disposition of a property or classification of a property as Real Estate Held for Sale by the Company does not represent a strategic shift that will have a major effect on the Company’s operations and financial results. Therefore, the results from operating and selling the property are included in continuing operations. The Company accounts for properties owned as tenants-in-common with affiliated entities and/or unrelated third parties using the proportionate consolidation method. Each tenant-in-common owns a separate, undivided interest in the properties. Any tenant-in-common that holds more than a 50% interest does not control decisions over the other tenant-in-common interests. The financial statements reflect only this Company's percentage share of the properties' land, building, liabilities, revenues and expenses. The Company’s properties are subject to environmental laws and regulations adopted by various governmental entities in the jurisdiction in which the properties are located. These laws could require the Company to investigate and remediate the effects of the release or disposal of hazardous materials at these locations if found. For each property, an environmental assessment is completed prior to acquisition. In addition, the lease agreements typically strictly prohibit the production, handling, or storage of hazardous materials (except where incidental to the tenant’s business such as use of cleaning supplies) in violation of applicable law to restrict environmental and other damage. Environmental liabilities are recorded when it is determined the liability is probable and the costs can reasonably be estimated. There were no environmental issues noted or liabilities recorded at December 31, 2018 and 2017. Fair Value Measurements Fair value, as defined by US GAAP, is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date in the principal or most advantageous market. US GAAP establishes a hierarchy in determining the fair value of an asset or liability. The fair value hierarchy has three levels of inputs, both observable and unobservable. US GAAP requires the utilization of the lowest possible level of input to determine fair value. Level 1 inputs include quoted market prices in an active market for identical assets or liabilities. Level 2 inputs are market data, other than Level 1 inputs, that are observable either directly or indirectly. Level 2 inputs include quoted market prices for similar assets or liabilities, quoted market prices in an inactive market, and other observable information that can be corroborated by market data. Level 3 inputs are unobservable and corroborated by little or no market data. At December 31, 2018 and 2017, the Company had no financial assets or liabilities measured at fair value on a recurring basis or nonrecurring basis that would require disclosure. The Company had the following nonfinancial assets measured on a nonrecurring basis that were recorded at fair value during 2018. The Dick’s Sporting Goods store in Fredericksburg, Virginia with a carrying amount of $2,423,971 at December 31, 2018, was written down to its estimated fair value of $1,593,000 after completing our long-lived asset valuation analysis. The resulting impairment charge of $830,971 was included in earnings for the fourth quarter of 2018. The fair value of the property was based upon estimated probability-weighted future undiscounted cash flows expected to result from the property and its eventual disposition. These estimates are considered Level 3 inputs in the valuation hierarchy. Income Per Unit Income per LLC Unit is calculated based on the weighted average number of LLC Units outstanding during each period presented. Diluted income per LLC Unit considers the effect of any potentially dilutive Unit equivalents, of which the Company had none for each of the years ended December 31, 2018 and 2017. Reportable Segments The Company invests in single tenant commercial properties throughout the United States that are net leased to tenants in various industries. Because these net leased properties have similar economic characteristics, the Company evaluates operating performance on an overall portfolio basis. Therefore, the Company’s properties are classified as one reportable segment. Recently Adopted Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09 regarding ASC Topic 606, Revenue from Contracts with Customers. This standard was developed to enable financial statement users to better understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The update's core principle is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Entities are to use a five-step contract review model to ensure revenue is recognized, measured and disclosed in accordance with this principle. Those steps include the following: (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to each performance obligation in the contract, and (v) recognize revenue when or as the entity satisfies a performance obligation. Management has concluded that all of the Company's material revenue streams fall outside of the scope of this guidance. The new standard may be applied retrospectively to each prior period presented or prospectively with the cumulative effect, if any, recognized as of the date of adoption. During 2018, the Company selected the modified retrospective transition method as of the date of adoption effective January 1, 2018. Management has concluded that the majority of total revenues consist of rental income from leasing arrangements, which are specifically excluded from the standard. The Company analyzed its remaining revenue streams, inclusive of gains and losses on real estate sales, and concluded there are no changes in revenue recognition with the adoption of the new standard. As such, adoption of the standard did not result in a cumulative adjustment recognized as of January 1, 2018, and the standard did not have a material impact on the Company's financial statements. In January 2017, the FASB issued ASU 2017-01, which clarifies the definition of a business by adding guidance to assist entities in evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those periods, with early adoption permitted, and is required to be applied prospectively to any transactions occurring within the period of adoption. We expect the new standard will result in all of our real estate acquisitions being considered asset acquisitions, whereby substantially all acquisition costs related to our real estate acquisitions will be capitalized. Prior to the adoption of the new standard, all of our real estate acquisitions completed after January 1, 2009, were considered acquisitions of businesses, whereby all acquisition-related costs were expensed as incurred. During 2018, the Company has adopted the accounting pronouncement effective January 1, 2018, and applied this guidance prospectively. The adoption resulted in the capitalization of acquisition costs totaling $99,590 that would have been expensed under the previous guidance. Recently Issued Accounting Pronouncements In August 2018, the SEC adopted the final rule under SEC Release No. 33-10532, Disclosure Update and Simplification, amending certain disclosure requirements that were redundant, duplicative, overlapping, outdated or superseded. In addition, the amendments expanded the disclosure requirements for the analysis of members' equity for interim financial statements. Under the amendments, an analysis of changes in each caption of members' equity presented in the balance sheet must be provided in a note or separate statement. The analysis should present a reconciliation of the beginning balance to the ending balance of each period for which a statement of comprehensive income is required to be filed. The Company anticipates its first presentation of year-to-date quarterly changes in members' equity will be included in its Form 10Q for the quarter ended March 31, 2019. In February 2016, the FASB issued ASU 2016-02, which provides guidance for accounting for leases. The new guidance requires companies to recognize the assets and liabilities for the rights and obligations created by leased assets, initially measured at the present value of the lease payments. The accounting guidance for lessors is largely unchanged. The ASU is effective for annual and interim periods beginning after December 15, 2018 with early adoption permitted. It is to be adopted using a modified retrospective approach. Management is currently evaluating the impact the adoption of this guidance will have on the Company's financial statements and does not expect this guidance will have a material impact on the financial statements given the nature of the leases held by the Company.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	(3) Related Party Transactions – The Company owns the percentage interest shown below in the following properties as tenants-in-common with the affiliated entities listed: Jared Jewelry store in Madison Heights, Michigan (21% – AEI Income & Growth Fund 23 LLC and AEI Accredited Investor Fund 2002 Limited Partnership); Jared Jewelry store in Auburn Hills, Michigan (60% – AEI Income & Growth Fund XXI Limited Partnership); property in Wichita, Kansas (60% – AEI Income & Growth Fund 26 LLC); Advance Auto Parts store in Indianapolis, Indiana (35% – AEI Income & Growth Fund XXII Limited Partnership); Dick’s Sporting Goods store (27% – AEI Income & Growth Fund 23 LLC, AEI Income & Growth Fund 24 LLC and AEI Income & Growth Fund 26 LLC); Staples store (72% – AEI Income & Growth Fund XXII Limited Partnership); Coliseum Health clinic (50% – AEI Income & Growth Fund 24 LLC); and PetSmart store (73% – AEI Income & Growth Fund 24 LLC). AEI received the following reimbursements for costs and expenses from the Company for the years ended December 31: 2018 2017 AEI is reimbursed for costs incurred in providing services related to managing the Company’s operations and properties, maintaining the Company’s books, and communicating with the Limited Members. $ 274,962 $ 275,111 AEI is reimbursed for all direct expenses it paid on the Company’s behalf to third parties related to Company administration and property management. These expenses included printing costs, legal and filing fees, direct administrative costs, outside audit costs, taxes, insurance and other property costs. $ 253,307 $ 204,589 AEI is reimbursed for costs incurred in providing services and direct expenses related to the acquisition of property on behalf of the Company. $ 99,590 $ 0 AEI is reimbursed for costs incurred in providing services related to the sale of property on behalf of the Company. $ 0 $ 5,767 The payable to AEI Fund Management, Inc. represents the balance due for the services described in 3a, b, c and d. This balance is non-interest bearing and unsecured and is to be paid in the normal course of business.

Real Estate Investments

Real Estate Investments	12 Months Ended
	Dec. 31, 2018
Real Estate [Abstract]
Real Estate Disclosure [Text Block]	(4) Real Estate Investments – The Company leases its properties to tenants under net leases, classified as operating leases. Under a net lease, the tenant is responsible for real estate taxes, insurance, maintenance, repairs and operating expenses for the property. For some leases, the Company is responsible for repairs to the structural components of the building, the roof, and the parking lot. At the time the properties were acquired, the remaining primary lease terms varied from 10 to 20 years, except for the Staples store, which had a remaining primary term of 8.4 years, and the Premier Diagnostic Imaging center, which had a remaining primary term of 7.8 years. The leases provide the tenants with one to five five-year renewal options subject to the same terms and conditions as the primary term. The leases for the Tractor Supply Company store in Yankton, South Dakota, the Jared Jewelry store in Auburn Hills, Michigan and the Advance Auto Parts store were extended to end on December 31, 2023, December 31, 2024 and April 30, 2025, respectively. The Company's properties are commercial, single-tenant buildings. The Jared Jewelry store in Madison Heights, Michigan was constructed in 2003 and acquired in 2004. The Jared Jewelry store in Auburn Hills, Michigan was constructed in 1999 and acquired in 2005. The Tractor Supply Company store in Yankton, South Dakota was constructed in 2003 and acquired in 2005. The Jared Jewelry store in Concord, New Hampshire was constructed and acquired in 2005. The Jared Jewelry store in Aurora, Illinois was constructed in 2000 and acquired in 2005. The building in Wichita, Kansas was constructed in 1996, renovated in 2001 and acquired in 2005. The Advance Auto Parts store in Indianapolis, Indiana was constructed in 2005 and acquired in 2006. The land for the Dick’s Sporting Goods store was acquired in 2007 and construction of the store was completed in 2008. The Staples store was constructed in 2010 and acquired in 2011. The Coliseum Health clinic was constructed and acquired in 2012. The PetSmart store was constructed and acquired in 2013. The Premier Diagnostic Imaging center was constructed in 2005, renovated in 2012 and acquired in 2014. The Tractor Supply Company store in Canton, Mississippi was constructed in 2013 and acquired in 2018. There have been no costs capitalized as improvements subsequent to the acquisitions, except for $7,733 of tenant improvements related to the Staples store. The cost of the properties not held for sale and related accumulated depreciation at December 31, 2018 are as follows: Property Land Buildings Total Accumulated Depreciation Jared Jewelry, Madison Heights, MI $ 323,259 $ 529,333 $ 852,592 $ 314,946 Jared Jewelry, Auburn Hills, MI 421,489 1,777,578 2,199,067 992,482 Tractor Supply, Yankton, SD 351,221 1,914,715 2,265,936 1,011,610 Jared Jewelry, Concord, NH 1,061,663 3,095,971 4,157,634 1,620,230 Jared Jewelry, Aurora, IL 1,790,636 2,027,709 3,818,345 1,057,782 Biomat USA Plasma Center, Wichita, KS 771,076 1,937,641 2,708,717 1,127,069 Advance Auto Parts, Indianapolis, IN 289,661 380,315 669,976 183,187 Dick’s Sporting Goods, Fredericksburg, VA 1,053,836 1,241,794 2,295,630 702,630 Staples, Clermont, FL 615,600 1,398,709 2,014,309 401,683 Coliseum Health, Macon, GA 200,000 451,517 651,517 116,641 PetSmart, Gonzales, LA 277,400 1,501,964 1,779,364 332,941 Premier Diagnostic Imaging, Terre Haute, IN 300,000 1,848,049 2,148,049 323,415 Tractor Supply, Canton, MS 648,841 2,099,841 2,748,682 6,999 $ 8,104,682 $ 20,205,136 $ 28,309,818 $ 8,191,615 For the years ended December 31, 2018 and 2017, the Company recognized depreciation expense of $740,647 and $778,186, respectively. On November 30, 2018, the Company purchased a Tractor Supply Company store in Canton, Mississippi for $3,429,590. The Company allocated $680,908 of the purchase price to Acquired Intangible Lease Assets, representing in-place lease intangibles of $287,300 and above-market lease intangibles of $393,608. The property is leased to Tractor Supply Company under a lease agreement with a remaining primary term of 9.5 years and annual rent of $220,000. The following schedule presents the cost and related accumulated amortization of acquired lease intangibles not held for sale at December 31: 2018 2017 Cost Accumulated Amortization Cost Accumulated Amortization In-Place Lease Intangibles (weighted average life of 58 and 56 months, respectively) $ 1,396,239 $ 672,815 $ 1,108,939 $ 549,472 Above-Market Lease Intangibles (weighted average life of 85 and 68 months, respectively) 771,761 215,920 378,153 176,563 Acquired Intangible Lease Assets $ 2,168,000 $ 888,735 $ 1,487,092 $ 726,035 Acquired Below-Market Lease Intangibles (weighted average life of 41 and 53 months, respectively) $ 104,746 $ 58,569 $ 104,746 $ 45,053 For the years ended December 31, 2018 and 2017, the value of in-place lease intangibles amortized to expense was $123,343 and $136,785, the decrease to rental income for above-market leases was $39,357 and $61,902, and the increase to rental income for below-market leases was $13,516 and $13,516, respectively. For lease intangibles not held for sale at December 31, 2018, the estimated amortization for the next five years is as follows: Amortization Expense for In-Place Lease Intangibles Decrease to Rental Income for Above-Market Leases Increase to Rental Income for Below-Market Leases 2019 $ 154,800 $ 77,336 $ 13,516 2020 127,997 77,336 13,516 2021 119,068 77,336 13,516 2022 97,197 77,336 5,629 2023 51,801 59,420 0 $ 550,863 $ 368,764 $ 46,177 The Company owns a 60% interest in a former Sports Authority store in Wichita, Kansas. On March 2, 2016, the tenant, TSA Stores, Inc., and its parent company, The Sports Authority, Inc., the guarantor of the lease, filed for Chapter 11 bankruptcy reorganization. In June 2016, the tenant filed a motion with the bankruptcy court to reject the lease for this store effective June 30, 2016, at which time the tenant returned possession of the property to the owners. As of December 31, 2018, the tenant owed $29,049 of past due rent, which was not accrued for financial reporting purposes. The owners listed the property for lease with a real estate broker in the Wichita area. While the property is vacant, the Company is responsible for its 60% share of real estate taxes and other costs associated with maintaining the property. On September 21, 2017, the Company entered into a lease agreement with a primary term of 10 years with Biomat USA, Inc. (“Biomat”) as a replacement tenant for 28% of the square footage of the property. The tenant will operate a Biomat USA Plasma Center in the space. The Company’s 60% share of annual rent, which commenced on June 18, 2018, is $55,607. Biomat agreed to pay for the costs to divide the building into two separate spaces, the costs of tenant improvements to remodel the Biomat space and 28% of the cost to replace the roof. In the second quarter of 2018, the Company recorded $81,329 as a property expense for its 60% share of the remaining cost to replace the roof. At December 31, 2017, the Company accrued its 60% share of lease commissions due to real estate brokers totaling $81,440 that were owed as part of the lease transaction. This amount was capitalized and will be amortized over the term of the lease. The Company is continuing to pursue additional tenants for the remaining space. In the third quarter of 2017, the Company decided to sell the Fresenius Medical Center in Gretna, Louisiana. In October 2017, the Company entered into an agreement to sell the property to an unrelated third party. On December 6, 2017, the sale closed with the Company receiving net proceeds of $3,939,360, which resulted in a net gain of $757,670. At the time of sale, the cost and related accumulated depreciation and amortization was $3,456,892 and $275,202, respectively. In February 2018, the Company entered into an agreement with the tenant of the Advance Auto Parts store in Indianapolis, Indiana to extend the lease term five years to end on April 30, 2025. As part of the agreement, the annual rent decreased from $51,630 to $44,079 effective January 1, 2018. In addition, beginning on March 1, 2018, the tenant received free rent for four months that equaled $14,693. In September 2018, the Company entered into an agreement with the tenant of the Tractor Supply Company store in Yankton, South Dakota to extend the lease term five years to end on December 31, 2023. As part of the agreement, the annual rent decreased from $185,820 to $105,000 effective January 1, 2019. The annual rent will increase to $115,500 effective January 1, 2021 and will increase to $185,820 effective October 1, 2023. In January 2019, the Company decided to sell the Tractor Supply Company store in Yankton, South Dakota. In March 2019, the Company entered into an agreement to sell the property to an unrelated third party. The sale is subject to contingencies and may not be completed. If the sale is completed, the Company expects to receive net proceeds of approximately $1,605,000, which will result in a net gain of approximately $357,100. The Company owns a 27% interest in a Dick’s Sporting Goods store in Fredericksburg, Virginia. The remaining interests in the property are owned by three affiliates of the Company. On January 31, 2019, the lease term ended, and the tenant returned possession of the property to the owners. While the property is vacant, the Company is responsible for its 27% share of real estate taxes and other costs associated with maintaining the property. The owners have listed the property for lease with a real estate broker in the Fredericksburg area. The annual rent from this property represented approximately 10% of the total annual rent of the Company’s property portfolio. The loss of rent and increased expenses related to this property decreased the Company’s cash flow. However, at this time, the Company does not anticipate the need to reduce its regular quarterly cash distribution. Based on its long-lived asset valuation analysis, the Company determined the Dick’s Sporting Goods store was impaired. As a result, in the fourth quarter of 2018, a charge to operations for real estate impairment of $830,971 was recognized, which was the difference between the carrying value at December 31, 2018 of $2,423,971 and the estimated fair value of $1,593,000. The charge was recorded against the cost of the land and building. In March 2019, the Company entered into an agreement with the tenant of the Jared Jewelry store in Auburn Hills, Michigan to extend the lease term five years to end on December 31, 2024. As part of the agreement, the annual rent will decrease from $186,074 to $158,340 effective January 1, 2020. For properties owned as of December 31, 2018, the minimum future rent payments required by the leases are as follows: 2019 $ 2,079,796 2020 1,496,400 2021 1,368,894 2022 1,252,774 2023 1,034,410 Thereafter 2,209,314 $ 9,441,588 There were no contingent rents recognized in 2018 and 2017.

Major Tenants

Major Tenants	12 Months Ended
	Dec. 31, 2018
Policy Text Block [Abstract]
Major Customers, Policy [Policy Text Block]	(5) Major Tenants – The following schedule presents rental income from individual tenants, or affiliated groups of tenants, who each contributed more than ten percent of the Company's total rental income for the years ended December 31: Tenants 2018 2017 Sterling Jewelers Group $ 983,451 $ 982,724 Dick’s Sporting Goods, Inc. 232,950 232,950 Aggregate rental income of major tenants $ 1,216,401 $ 1,215,674 Aggregate rental income of major tenants as a percentage of total rental income 58% 54%

Members' Equity

Members' Equity	12 Months Ended
	Dec. 31, 2018
Partners' Capital Notes [Abstract]
Partners' Capital Notes Disclosure [Text Block]	(6) Members’ Equity – For the years ended December 31, 2018 and 2017, the Company declared distributions of $1,693,575 and $2,002,213, respectively. The Limited Members received distributions of $1,646,404 and $1,948,005 and the Managing Members received distributions of $47,171 and $54,208 for the years, respectively. The Limited Members' distributions represented $41.25 and $48.50 per LLC Unit outstanding using 39,915 and 40,163 weighted average Units in 2018 and 2017, respectively. The distributions represented $14.53 and $35.76 per Unit of Net Income and $26.72 and $12.74 per Unit of return of contributed capital in 2018 and 2017, respectively. As part of the distributions discussed above, the Company distributed net sale proceeds of $181,818 and $292,929 in 2018 and 2017, respectively. The Limited Members received distributions of $180,000 and $290,000 and the Managing Members received distributions of $1,818 and $2,929 for the years, respectively. The Limited Members’ distributions represented $4.52 and $7.24 per Unit for the years, respectively. The Company may repurchase Units from Limited Members who have tendered their Units to the Company. Such Units may be acquired at a discount. The Company will not be obligated to purchase in any year more than 2% of the total number of Units outstanding on January 1 of such year. In no event shall the Company be obligated to purchase Units if, in the sole discretion of the Managing Member, such purchase would impair the capital or operation of the Company. During 2018, the Company repurchased a total of 222.04 Units for $142,478 from 11 Limited Members in accordance with the Operating Agreement. During 2017, the Company repurchased a total of 174.25 Units for $117,841 from 10 Limited Members. The Company acquired these Units using Net Cash Flow from operations. The repurchases increase the remaining Limited Members’ ownership interest in the Company. As a result of these repurchases and pursuant to the Operating Agreement, the Managing Members received distributions of $4,406 and $3,644 in 2018 and 2017, respectively.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	(8) Income Taxes – The following is a reconciliation of net income for financial reporting purposes to income reported for federal income tax purposes for the years ended December 31: 2018 2017 Net Income (Loss) for Financial Reporting Purposes $ (85,662) $ 1,618,411 Depreciation for Tax Purposes Under Depreciation and Amortization for Financial Reporting Purposes 332,742 355,036 Income Accrued for Tax Purposes Over (Under) Income for Financial Reporting Purposes 11,598 0 Real Estate Impairment Loss Not Recognized for Tax Purposes 830,971 0 Gain on Sale of Real Estate for Tax Purposes Under Gain for Financial Reporting Purposes 0 (186,956) Taxable Income to Members $ 1,089,649 $ 1,786,491 The following is a reconciliation of Members’ Equity for financial reporting purposes to Members’ Equity reported for federal income tax purposes for the years ended December 31: 2018 2017 Members’ Equity for Financial Reporting Purposes $ 22,906,935 $ 24,833,056 Adjusted Tax Basis of Investments in Real Estate Over Net Investments in Real Estate for Financial Reporting Purposes 4,964,051 3,800,338 Income Accrued for Tax Purposes Over Income for Financial Reporting Purposes 56,132 44,534 Syndication Costs Treated as Reduction of Capital For Financial Reporting Purposes 6,015,670 6,015,670 Members’ Equity for Tax Reporting Purposes $ 33,942,788 $ 34,693,598

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Distribution Policy, Members or Limited Partners, Description	During operations, any Net Cash Flow, as defined, which the Managing Members determine to distribute will be distributed 97% to the Limited Members and 3% to the Managing Members.  Distributions to Limited Members will be made pro rata by Units.Any Net Proceeds of Sale, as defined, from the sale or financing of properties which the Managing Members determine to distribute will, after provisions for debts and reserves, be paid in the following manner: (i) first, 99% to the Limited Members and 1% to the Managing Members until the Limited Members receive an amount equal to: (a) their Adjusted Capital Contribution plus (b) an amount equal to 7% of their Adjusted Capital Contribution per annum, cumulative but not compounded, to the extent not previously distributed from Net Cash Flow; (ii) any remaining balance will be distributed 90% to the Limited Members and 10% to the Managing Members.  Distributions to the Limited Members will be made pro rata by Units.
Key Provisions of Operating or Partnership Agreement, Description	For tax purposes, profits from operations, other than profits attributable to the sale, exchange, financing, refinancing or other disposition of property, will be allocated 97% to the Limited Members and 3% to the Managing Members.  Net losses from operations will be allocated 99% to the Limited Members and 1% to the Managing Members.For tax purposes, profits arising from the sale, financing, or other disposition of property will be allocated in accordance with the Operating Agreement as follows: (i) first, to those Members with deficit balances in their capital accounts in an amount equal to the sum of such deficit balances; (ii) second, 99% to the Limited Members and 1% to the Managing Members until the aggregate balance in the Limited Members' capital accounts equals the sum of the Limited Members' Adjusted Capital Contributions plus an amount equal to 7% of their Adjusted Capital Contributions per annum, cumulative but not compounded, to the extent not previously allocated; (iii) third, the balance of any remaining gain will then be allocated 90% to the Limited Members and 10% to the Managing Members.  Losses will be allocated 99% to the Limited Members and 1% to the Managing Members.The Managing Members are not required to currently fund a deficit capital balance.  Upon liquidation of the Company or withdrawal by a Managing Member, the Managing Members will contribute to the Company an amount equal to the lesser of the deficit balances in their capital accounts or 1.01% of the total capital contributions of the Limited Members over the amount previously contributed by the Managing Members.
Basis of Accounting, Policy [Policy Text Block]	Financial Statement Presentation The accounts of the Company are maintained on the accrual basis of accounting for both federal income tax purposes and financial reporting purposes.
Use of Estimates, Policy [Policy Text Block]	Accounting Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with United States Generally Accepted Accounting Principles (US GAAP). Those estimates and assumptions may affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ from those estimates. Significant items, subject to such estimates and assumptions, include the carrying value of real estate held for investment, real estate held for sale and related intangible assets. The Company regularly assesses whether market events and conditions indicate that it is reasonably possible to recover the carrying amounts of its investments in real estate from future operations and sales. A change in those market events and conditions could have a material effect on the carrying amount of its real estate.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Cash Concentrations of Credit Risk The Company's cash is deposited in one financial institution and at times during the year it may exceed FDIC insurance limits.
Receivables, Policy [Policy Text Block]	Receivables Credit terms are extended to tenants in the normal course of business. The Company performs ongoing credit evaluations of its customers’ financial condition and, generally, requires no collateral. Receivables are recorded at their estimated net realizable value. The Company follows a policy of providing an allowance for doubtful accounts; however, based on historical experience, and its evaluation of the current status of receivables, the Company is of the belief that such accounts, if any, will be collectible in all material respects and thus an allowance is not necessary. Accounts are considered past due if payment is not made on a timely basis in accordance with the Company’s credit terms. Receivables considered uncollectible are written off
Income Tax, Policy [Policy Text Block]	Income Taxes The income or loss of the Company for federal income tax reporting purposes is includable in the income tax returns of the Members. In general, no recognition has been given to income taxes in the accompanying financial statements. The tax return and the amount of distributable Company income or loss are subject to examination by federal and state taxing authorities. If such an examination results in changes to distributable Company income or loss, the taxable income of the members would be adjusted accordingly. Primarily due to its tax status as a partnership, the Company has no significant tax uncertainties that require recognition or disclosure. The Company is no longer subject to U.S. federal income tax examinations for tax years before 2015, and with few exceptions, is no longer subject to state tax examinations for tax years before 2015.
Revenue Recognition, Leases [Policy Text Block]	Revenue Recognition The Company's real estate is leased under net leases, classified as operating leases. The leases provide for base annual rental payments payable in monthly installments. The Company recognizes rental income according to the terms of the individual leases. For leases that contain stated rental increases, the increases are recognized in the year in which they are effective. Contingent rental payments are recognized when the contingencies on which the payments are based are satisfied and the rental payments become due under the terms of the leases.
Property, Plant and Equipment, Policy [Policy Text Block]	Real Estate Upon acquisition of real properties, the Company records them in the financial statements at cost. The purchase price is allocated to tangible assets, consisting of land and building, and to identified intangible assets and liabilities, which may include the value of above market and below market leases and the value of in-place leases. The allocation of the purchase price is based upon the fair value of each component of the property. Although independent appraisals may be used to assist in the determination of fair value, in many cases these values will be based upon management’s assessment of each property, the selling prices of comparable properties and the discounted value of cash flows from the asset. The fair values of above market and below market in-place leases will be recorded based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) an estimate of fair market lease rates for the corresponding in-place leases measured over a period equal to the non-cancelable term of the lease including any bargain renewal periods. The above market and below market lease values will be capitalized as intangible lease assets or liabilities. Above market lease values will be amortized as an adjustment of rental income over the remaining term of the respective leases. Below market lease values will be amortized as an adjustment of rental income over the remaining term of the respective leases, including any bargain renewal periods. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of above market and below market in-place lease values relating to that lease would be recorded as an adjustment to rental income. The fair values of in-place leases will include estimated direct costs associated with obtaining a new tenant, and opportunity costs associated with lost rentals which are avoided by acquiring an in-place lease. Direct costs associated with obtaining a new tenant may include commissions, tenant improvements, and other direct costs and are estimated, in part, by management’s consideration of current market costs to execute a similar lease. These direct costs will be included in intangible lease assets on the balance sheet and will be amortized to expense over the remaining term of the respective leases. The value of opportunity costs will be calculated using the contractual amounts to be paid pursuant to the in-place leases over a market absorption period for a similar lease. These intangibles will be included in intangible lease assets on the balance sheet and will be amortized to expense over the remaining term of the respective leases. If a lease were to be terminated prior to its stated expiration, all unamortized amounts of in-place lease assets relating to that lease would be expensed. The Company tests real estate for recoverability when events or changes in circumstances indicate that the carrying value may not be recoverable. For properties the Company will hold and operate, it compares the carrying amount of the property to the estimated probability-weighted future undiscounted cash flows expected to result from the property and its eventual disposition. If the sum of the expected future cash flows is less than the carrying amount of the property, the Company recognizes an impairment loss by the amount by which the carrying amount of the property exceeds the fair value of the property. For properties held for sale, the Company determines whether impairment has occurred by comparing the property’s estimated fair value less cost to sell to its current carrying value. If the carrying value is greater than the net realizable value, an impairment loss is recorded to reduce the carrying value of the property to its net realizable value. For financial reporting purposes, the buildings owned by the Company are depreciated using the straight-line method over an estimated useful life of 25 years. Intangible lease assets are amortized using the straight-line method for financial reporting purposes based on the remaining life of the lease. The disposition of a property or classification of a property as Real Estate Held for Sale by the Company does not represent a strategic shift that will have a major effect on the Company’s operations and financial results. Therefore, the results from operating and selling the property are included in continuing operations. The Company accounts for properties owned as tenants-in-common with affiliated entities and/or unrelated third parties using the proportionate consolidation method. Each tenant-in-common owns a separate, undivided interest in the properties. Any tenant-in-common that holds more than a 50% interest does not control decisions over the other tenant-in-common interests. The financial statements reflect only this Company's percentage share of the properties' land, building, liabilities, revenues and expenses. The Company’s properties are subject to environmental laws and regulations adopted by various governmental entities in the jurisdiction in which the properties are located. These laws could require the Company to investigate and remediate the effects of the release or disposal of hazardous materials at these locations if found. For each property, an environmental assessment is completed prior to acquisition. In addition, the lease agreements typically strictly prohibit the production, handling, or storage of hazardous materials (except where incidental to the tenant’s business such as use of cleaning supplies) in violation of applicable law to restrict environmental and other damage. Environmental liabilities are recorded when it is determined the liability is probable and the costs can reasonably be estimated. There were no environmental issues noted or liabilities recorded at December 31, 2018 and 2017.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value Measurements Fair value, as defined by US GAAP, is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date in the principal or most advantageous market. US GAAP establishes a hierarchy in determining the fair value of an asset or liability. The fair value hierarchy has three levels of inputs, both observable and unobservable. US GAAP requires the utilization of the lowest possible level of input to determine fair value. Level 1 inputs include quoted market prices in an active market for identical assets or liabilities. Level 2 inputs are market data, other than Level 1 inputs, that are observable either directly or indirectly. Level 2 inputs include quoted market prices for similar assets or liabilities, quoted market prices in an inactive market, and other observable information that can be corroborated by market data. Level 3 inputs are unobservable and corroborated by little or no market data. At December 31, 2018 and 2017, the Company had no financial assets or liabilities measured at fair value on a recurring basis or nonrecurring basis that would require disclosure. The Company had the following nonfinancial assets measured on a nonrecurring basis that were recorded at fair value during 2018. The Dick’s Sporting Goods store in Fredericksburg, Virginia with a carrying amount of $2,423,971 at December 31, 2018, was written down to its estimated fair value of $1,593,000 after completing our long-lived asset valuation analysis. The resulting impairment charge of $830,971 was included in earnings for the fourth quarter of 2018. The fair value of the property was based upon estimated probability-weighted future undiscounted cash flows expected to result from the property and its eventual disposition. These estimates are considered Level 3 inputs in the valuation hierarchy.
Earnings Per Share, Policy [Policy Text Block]	Income Per Unit Income per LLC Unit is calculated based on the weighted average number of LLC Units outstanding during each period presented. Diluted income per LLC Unit considers the effect of any potentially dilutive Unit equivalents, of which the Company had none for each of the years ended December 31, 2018 and 2017
Segment Reporting, Policy [Policy Text Block]	Reportable Segments The Company invests in single tenant commercial properties throughout the United States that are net leased to tenants in various industries. Because these net leased properties have similar economic characteristics, the Company evaluates operating performance on an overall portfolio basis. Therefore, the Company’s properties are classified as one reportable segment
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Recently Adopted Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09 regarding ASC Topic 606, Revenue from Contracts with Customers. This standard was developed to enable financial statement users to better understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The update's core principle is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Entities are to use a five-step contract review model to ensure revenue is recognized, measured and disclosed in accordance with this principle. Those steps include the following: (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to each performance obligation in the contract, and (v) recognize revenue when or as the entity satisfies a performance obligation. Management has concluded that all of the Company's material revenue streams fall outside of the scope of this guidance. The new standard may be applied retrospectively to each prior period presented or prospectively with the cumulative effect, if any, recognized as of the date of adoption. During 2018, the Company selected the modified retrospective transition method as of the date of adoption effective January 1, 2018. Management has concluded that the majority of total revenues consist of rental income from leasing arrangements, which are specifically excluded from the standard. The Company analyzed its remaining revenue streams, inclusive of gains and losses on real estate sales, and concluded there are no changes in revenue recognition with the adoption of the new standard. As such, adoption of the standard did not result in a cumulative adjustment recognized as of January 1, 2018, and the standard did not have a material impact on the Company's financial statements. In January 2017, the FASB issued ASU 2017-01, which clarifies the definition of a business by adding guidance to assist entities in evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those periods, with early adoption permitted, and is required to be applied prospectively to any transactions occurring within the period of adoption. We expect the new standard will result in all of our real estate acquisitions being considered asset acquisitions, whereby substantially all acquisition costs related to our real estate acquisitions will be capitalized. Prior to the adoption of the new standard, all of our real estate acquisitions completed after January 1, 2009, were considered acquisitions of businesses, whereby all acquisition-related costs were expensed as incurred. During 2018, the Company has adopted the accounting pronouncement effective January 1, 2018, and applied this guidance prospectively. The adoption resulted in the capitalization of acquisition costs totaling $99,590 that would have been expensed under the previous guidance.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements In August 2018, the SEC adopted the final rule under SEC Release No. 33-10532, Disclosure Update and Simplification, amending certain disclosure requirements that were redundant, duplicative, overlapping, outdated or superseded. In addition, the amendments expanded the disclosure requirements for the analysis of members' equity for interim financial statements. Under the amendments, an analysis of changes in each caption of members' equity presented in the balance sheet must be provided in a note or separate statement. The analysis should present a reconciliation of the beginning balance to the ending balance of each period for which a statement of comprehensive income is required to be filed. The Company anticipates its first presentation of year-to-date quarterly changes in members' equity will be included in its Form 10Q for the quarter ended March 31, 2019. In February 2016, the FASB issued ASU 2016-02, which provides guidance for accounting for leases. The new guidance requires companies to recognize the assets and liabilities for the rights and obligations created by leased assets, initially measured at the present value of the lease payments. The accounting guidance for lessors is largely unchanged. The ASU is effective for annual and interim periods beginning after December 15, 2018 with early adoption permitted. It is to be adopted using a modified retrospective approach. Management is currently evaluating the impact the adoption of this guidance will have on the Company's financial statements and does not expect this guidance will have a material impact on the financial statements given the nature of the leases held by the Company.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Schedule of Related Party Transactions [Table Text Block]	Related Party Transactions 2018 2017 AEI is reimbursed for costs incurred in providing services related to managing the Company’s operations and properties, maintaining the Company’s books, and communicating with the Limited Members. $ 274,962 $ 275,111 AEI is reimbursed for all direct expenses it paid on the Company’s behalf to third parties related to Company administration and property management. These expenses included printing costs, legal and filing fees, direct administrative costs, outside audit costs, taxes, insurance and other property costs. $ 253,307 $ 204,589 AEI is reimbursed for costs incurred in providing services and direct expenses related to the acquisition of property on behalf of the Company. $ 99,590 $ 0 AEI is reimbursed for costs incurred in providing services related to the sale of property on behalf of the Company. $ 0 $ 5,767

Real Estate Investments (Tables

Real Estate Investments (Tables)	12 Months Ended
	Dec. 31, 2018
Real Estate [Abstract]
Property, Plant and Equipment [Table Text Block]	Properties not held for sale Property Land Buildings Total Accumulated Depreciation Jared Jewelry, Madison Heights, MI $ 323,259 $ 529,333 $ 852,592 $ 314,946 Jared Jewelry, Auburn Hills, MI 421,489 1,777,578 2,199,067 992,482 Tractor Supply, Yankton, SD 351,221 1,914,715 2,265,936 1,011,610 Jared Jewelry, Concord, NH 1,061,663 3,095,971 4,157,634 1,620,230 Jared Jewelry, Aurora, IL 1,790,636 2,027,709 3,818,345 1,057,782 Biomat USA Plasma Center, Wichita, KS 771,076 1,937,641 2,708,717 1,127,069 Advance Auto Parts, Indianapolis, IN 289,661 380,315 669,976 183,187 Dick’s Sporting Goods, Fredericksburg, VA 1,053,836 1,241,794 2,295,630 702,630 Staples, Clermont, FL 615,600 1,398,709 2,014,309 401,683 Coliseum Health, Macon, GA 200,000 451,517 651,517 116,641 PetSmart, Gonzales, LA 277,400 1,501,964 1,779,364 332,941 Premier Diagnostic Imaging, Terre Haute, IN 300,000 1,848,049 2,148,049 323,415 Tractor Supply, Canton, MS 648,841 2,099,841 2,748,682 6,999 $ 8,104,682 $ 20,205,136 $ 28,309,818 $ 8,191,615
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]	Acquired lease intangibles not held for sale 2018 2017 Cost Accumulated Amortization Cost Accumulated Amortization In-Place Lease Intangibles (weighted average life of 58 and 56 months, respectively) $ 1,396,239 $ 672,815 $ 1,108,939 $ 549,472 Above-Market Lease Intangibles (weighted average life of 85 and 68 months, respectively) 771,761 215,920 378,153 176,563 Acquired Intangible Lease Assets $ 2,168,000 $ 888,735 $ 1,487,092 $ 726,035 Acquired Below-Market Lease Intangibles (weighted average life of 41 and 53 months, respectively) $ 104,746 $ 58,569 $ 104,746 $ 45,053
Finite-lived Intangible Assets Amortization Expense [Table Text Block]	Estimated amortization Amortization Expense for In-Place Lease Intangibles Decrease to Rental Income for Above-Market Leases Increase to Rental Income for Below-Market Leases 2019 $ 154,800 $ 77,336 $ 13,516 2020 127,997 77,336 13,516 2021 119,068 77,336 13,516 2022 97,197 77,336 5,629 2023 51,801 59,420 0 $ 550,863 $ 368,764 $ 46,177
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Minimum future rent payments 2019 $ 2,079,796 2020 1,496,400 2021 1,368,894 2022 1,252,774 2023 1,034,410 Thereafter 2,209,314 $ 9,441,588

Major Tenants (Tables)

Major Tenants (Tables)	12 Months Ended
	Dec. 31, 2018
Policy Text Block [Abstract]
Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]	Major Tenants Tenants 2018 2017 Sterling Jewelers Group $ 983,451 $ 982,724 Dick’s Sporting Goods, Inc. 232,950 232,950 Aggregate rental income of major tenants $ 1,216,401 $ 1,215,674 Aggregate rental income of major tenants as a percentage of total rental income 58% 54%

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Schedule Of GAAP To Federal Taxable Income	Reconciliation of net income for financial reporting 2018 2017 Net Income (Loss) for Financial Reporting Purposes $ (85,662) $ 1,618,411 Depreciation for Tax Purposes Under Depreciation and Amortization for Financial Reporting Purposes 332,742 355,036 Income Accrued for Tax Purposes Over (Under) Income for Financial Reporting Purposes 11,598 0 Real Estate Impairment Loss Not Recognized for Tax Purposes 830,971 0 Gain on Sale of Real Estate for Tax Purposes Under Gain for Financial Reporting Purposes 0 (186,956) Taxable Income to Members $ 1,089,649 $ 1,786,491
Schedule Of GAAP To Federal Tax Basis	Reconciliation of Members’ Equity for financial reporting 2018 2017 Members’ Equity for Financial Reporting Purposes $ 22,906,935 $ 24,833,056 Adjusted Tax Basis of Investments in Real Estate Over Net Investments in Real Estate for Financial Reporting Purposes 4,964,051 3,800,338 Income Accrued for Tax Purposes Over Income for Financial Reporting Purposes 56,132 44,534 Syndication Costs Treated as Reduction of Capital For Financial Reporting Purposes 6,015,670 6,015,670 Members’ Equity for Tax Reporting Purposes $ 33,942,788 $ 34,693,598

Organization (Details)

Organization (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	May 12, 2005	Sep. 11, 2003
Limited Member [Member]
Organization (Details) [Line Items]
Capital Units, Value					$ 1,000
Limited Partners' Capital Account, Units Outstanding (in Shares)	39,820.36	40,042.40	40,216.65	42,434.763	1,500
Limited Partners' Contributed Capital				$ 42,434,763	$ 1,500,000
Managing Member [Member]
Organization (Details) [Line Items]
General Partners' Contributed Capital				$ 1,000

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2018	Dec. 31, 2017
Summary of Significant Accounting Policies (Details) [Line Items]
Impairment of Real Estate		$ 830,971	$ 0
Business Combination, Acquisition Related Costs		99,590	$ 0
Dicks Sporting Goods Fredericksburg VA
Summary of Significant Accounting Policies (Details) [Line Items]
Property, Plant and Equipment, Gross	$ 2,423,971	2,423,971
Property, Plant, and Equipment, Fair Value Disclosure	1,593,000	$ 1,593,000
Impairment of Real Estate	$ 830,971

Related Party Transactions (Det

Related Party Transactions (Details) - Related Party Transactions - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Related Party Transactions [Abstract]
AEI is reimbursed for costs incurred in providing services related to managing the Company’s operations and properties, maintaining the Company’s books, and communicating with the Limited Members.	$ 274,962	$ 275,111
AEI is reimbursed for all direct expenses it paid on the Company’s behalf to third parties related to Company administration and property management. These expenses included printing costs, legal and filing fees, direct administrative costs, outside audit costs, taxes, insurance and other property costs.	253,307	204,589
AEI is reimbursed for costs incurred in providing services and direct expenses related to the acquisition of property on behalf of the Company.	99,590	0
AEI is reimbursed for costs incurred in providing services related to the sale of property on behalf of the Company.	$ 0	$ 5,767

Real Estate Investments (Detail

Real Estate Investments (Details) - USD ($)	Nov. 30, 2018	Dec. 31, 2017	Dec. 06, 2017	Dec. 31, 2023	Dec. 31, 2018	Jun. 30, 2018	Dec. 31, 2021	Dec. 31, 2020	Feb. 29, 2020	Dec. 31, 2019	Nov. 29, 2019	Aug. 31, 2019	Jun. 17, 2019	Jan. 31, 2019	Dec. 31, 2018	Sep. 20, 2018	Dec. 31, 2017	Mar. 01, 2018
Real Estate Investments (Details) [Line Items]
Depreciation, Nonproduction															$ 740,647		$ 778,186
Payments to Acquire Real Estate															3,429,590		81,440
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property															0		757,670
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation					$ 8,191,615										8,191,615
Impairment of Real Estate															830,971		0
Tractor Supply Canton MS
Real Estate Investments (Details) [Line Items]
Business Acquisition, Effective Date of Acquisition	Nov. 30, 2018
Payments to Acquire Real Estate	$ 3,429,590
Finite-lived Intangible Assets Acquired	680,908
Finite-Lived Intangible Asset, Acquired-in-Place Leases	287,300
Finite-Lived Intangible Asset, Off-market Lease, Favorable, Gross	$ 393,608
Average Lease Term											The property is leased to Tractor Supply Company under a lease agreement with a remaining primary term of 9.5 years
Revenue from Contract with Customer, Excluding Assessed Tax											$ 220,000
Biomat USA Plasma Center Wichita KS
Real Estate Investments (Details) [Line Items]
Average Lease Term																On September 21, 2017, the Company entered into a lease agreement with a primary term of 10 years with Biomat USA, Inc. (“Biomat”) as a replacement tenant for 28% of the square footage of the property.
Revenue from Contract with Customer, Excluding Assessed Tax													$ 55,607
Cost of Property Repairs and Maintenance						$ 81,329
Payments for Lease Commissions		$ 81,440
Leases, Acquired-in-Place [Member]
Real Estate Investments (Details) [Line Items]
Finite-Lived Intangible Asset, Acquired-in-Place Leases		1,108,939			1,396,239										1,396,239		1,108,939
Amortization of Intangible Assets															123,343		136,785
Above Market Leases [Member]
Real Estate Investments (Details) [Line Items]
Finite-Lived Intangible Asset, Off-market Lease, Favorable, Gross		$ 378,153			771,761										771,761		378,153
Amortization of above and below Market Leases															39,357		61,902
Off Market Unfavorable Lease
Real Estate Investments (Details) [Line Items]
Amortization of Below Market Lease															13,516		13,516
Fresenius Gretna LA
Real Estate Investments (Details) [Line Items]
Disposal Date			Dec. 6, 2017
Proceeds from Sale of Real Estate			$ 3,939,360
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property			757,670
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Cost of Investment in Real Estate Sold			3,456,892
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation			$ 275,202
Advance Auto Parts Indianapolis IN
Real Estate Investments (Details) [Line Items]
Average Lease Term														In February 2018, the Company entered into an agreement with the tenant of the Advance Auto Parts store in Indianapolis, Indiana to extend the lease term five years to end on April 30, 2025.
Revenue from Contract with Customer, Excluding Assessed Tax															44,079		$ 51,630
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation					183,187										183,187
Allowance for Notes, Loans and Financing Receivable, Current																		$ 14,693
Tractor Supply Yankton SD
Real Estate Investments (Details) [Line Items]
Average Lease Term												In September 2018, the Company entered into an agreement with the tenant of the Tractor Supply Company store in Yankton, South Dakota to extend the lease term five years to end on December 31, 2023.
Revenue from Contract with Customer, Excluding Assessed Tax				$ 185,820			$ 115,500			$ 105,000					185,820
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation					1,011,610										1,011,610
Dicks Sporting Goods Fredericksburg VA
Real Estate Investments (Details) [Line Items]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation					702,630										702,630
Impairment of Real Estate					830,971
Property, Plant and Equipment, Gross					2,423,971										2,423,971
Property, Plant, and Equipment, Fair Value Disclosure					1,593,000										1,593,000
Jared Jewelry Auburn Hills MI
Real Estate Investments (Details) [Line Items]
Average Lease Term									In March 2019, the Company entered into an agreement with the tenant of the Jared Jewelry store in Auburn Hills, Michigan to extend the lease term five years to end on December 31, 2024.
Revenue from Contract with Customer, Excluding Assessed Tax								$ 158,340		$ 186,074
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation					$ 992,482										$ 992,482

Real Estate Investments (Deta_2

Real Estate Investments (Details) - Real Estate Held for Investment	Dec. 31, 2018USD ($)
Property, Plant and Equipment [Line Items]
Land	$ 8,104,682
Buildings	20,205,136
Total	28,309,818
Accumulated Depreciation	8,191,615
Jared Jewelry Madison Heights MI
Property, Plant and Equipment [Line Items]
Land	323,259
Buildings	529,333
Total	852,592
Accumulated Depreciation	314,946
Jared Jewelry Auburn Hills MI
Property, Plant and Equipment [Line Items]
Land	421,489
Buildings	1,777,578
Total	2,199,067
Accumulated Depreciation	992,482
Tractor Supply Yankton SD
Property, Plant and Equipment [Line Items]
Land	351,221
Buildings	1,914,715
Total	2,265,936
Accumulated Depreciation	1,011,610
Jared Jewelry Concord NH
Property, Plant and Equipment [Line Items]
Land	1,061,663
Buildings	3,095,971
Total	4,157,634
Accumulated Depreciation	1,620,230
Jared Jewelry Aurora IL
Property, Plant and Equipment [Line Items]
Land	1,790,636
Buildings	2,027,709
Total	3,818,345
Accumulated Depreciation	1,057,782
Biomat USA Plasma Center Wichita KS
Property, Plant and Equipment [Line Items]
Land	771,076
Buildings	1,937,641
Total	2,708,717
Accumulated Depreciation	1,127,069
Advance Auto Parts Indianapolis IN
Property, Plant and Equipment [Line Items]
Land	289,661
Buildings	380,315
Total	669,976
Accumulated Depreciation	183,187
Dicks Sporting Goods Fredericksburg VA
Property, Plant and Equipment [Line Items]
Land	1,053,836
Buildings	1,241,794
Total	2,295,630
Accumulated Depreciation	702,630
Staples Clermont FL
Property, Plant and Equipment [Line Items]
Land	615,600
Buildings	1,398,709
Total	2,014,309
Accumulated Depreciation	401,683
Coliseum Health Macon GA
Property, Plant and Equipment [Line Items]
Land	200,000
Buildings	451,517
Total	651,517
Accumulated Depreciation	116,641
PetSmart Gonzales LA
Property, Plant and Equipment [Line Items]
Land	277,400
Buildings	1,501,964
Total	1,779,364
Accumulated Depreciation	332,941
Premier Diagnostic Imaging Terre Haute IN
Property, Plant and Equipment [Line Items]
Land	300,000
Buildings	1,848,049
Total	2,148,049
Accumulated Depreciation	323,415
Tractor Supply Canton MS
Property, Plant and Equipment [Line Items]
Land	648,841
Buildings	2,099,841
Total	2,748,682
Accumulated Depreciation	$ 6,999

Real Estate Investments (Deta_3

Real Estate Investments (Details) - Acquired Lease Intangibles - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Leases, Acquired-in-Place [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Cost	$ 1,396,239	$ 1,108,939
Accumulated Amortization	672,815	549,472
Above Market Leases [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Cost	771,761	378,153
Accumulated Amortization	215,920	176,563
Cost	2,168,000	1,487,092
Accumulated Amortization	888,735	726,035
Off Market Unfavorable Lease
Acquired Finite-Lived Intangible Assets [Line Items]
Cost	104,746	104,746
Accumulated Amortization	$ 58,569	$ 45,053

Real Estate Investments (Deta_4

Real Estate Investments (Details) - Acquired Lease Intangibles (Parentheticals)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Leases, Acquired-in-Place [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average life	58 months	56 months
Above Market Leases [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average life	85 months	68 months
Off Market Unfavorable Lease
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average life	41 months	53 months

Real Estate Investments (Deta_5

Real Estate Investments (Details) - Estimated Amortization of Lease Intangibles - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leases, Acquired-in-Place [Member]
Real Estate Investments (Details) - Estimated Amortization of Lease Intangibles [Line Items]
Amortization Expense for In-Place Lease Intangibles					$ 154,800
Amortization Expense for In-Place Lease Intangibles				$ 127,997
Amortization Expense for In-Place Lease Intangibles			$ 119,068
Amortization Expense for In-Place Lease Intangibles		$ 97,197
Amortization Expense for In-Place Lease Intangibles	$ 51,801
Amortization Expense for In-Place Lease Intangibles	550,863
Above Market Leases [Member]
Real Estate Investments (Details) - Estimated Amortization of Lease Intangibles [Line Items]
Decrease to Rental Income for Above-Market Leases					77,336
Decrease to Rental Income for Above-Market Leases				77,336
Decrease to Rental Income for Above-Market Leases			77,336
Decrease to Rental Income for Above-Market Leases		77,336
Decrease to Rental Income for Above-Market Leases	59,420
Decrease to Rental Income for Above-Market Leases	368,764
Off Market Unfavorable Lease
Real Estate Investments (Details) - Estimated Amortization of Lease Intangibles [Line Items]
Increase to Rental Income for Below-Market Leases					$ 13,516
Increase to Rental Income for Below-Market Leases				$ 13,516
Increase to Rental Income for Below-Market Leases			$ 13,516
Increase to Rental Income for Below-Market Leases		$ 5,629
Increase to Rental Income for Below-Market Leases	0
Increase to Rental Income for Below-Market Leases	$ 46,177

Real Estate Investments (Deta_6

Real Estate Investments (Details) - Future Minimum Payments - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Future Minimum Payments [Abstract]
2019					$ 2,079,796
2020				$ 1,496,400
2021			$ 1,368,894
2022		$ 1,252,774
2023	$ 1,034,410
Thereafter	2,209,314
	$ 9,441,588

Major Tenants (Details) - Major

Major Tenants (Details) - Major Tenants - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenue, Major Customer [Line Items]
Major Tenants	$ 1,216,401	$ 1,215,674
Aggregate rental income of major tenants as a percentage of total rental income	58.00%	54.00%
Sterling Jewelers Group
Revenue, Major Customer [Line Items]
Major Tenants	$ 983,451	$ 982,724
Dick's Sporting Goods Inc
Revenue, Major Customer [Line Items]
Major Tenants	$ 232,950	$ 232,950

Members' Equity (Details)

Members' Equity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Members' Equity (Details) [Line Items]
Distribution Made to Limited Liability Company (LLC) Member, Cash Distributions Declared	$ 1,693,575	$ 2,002,213
Sale Proceeds Distribution Made To Member Or Limited Partner	181,818	292,929
Partners' Capital Account, Redemptions	146,884	121,485
Limited Member [Member]
Members' Equity (Details) [Line Items]
Distribution Made to Limited Liability Company (LLC) Member, Cash Distributions Declared	$ 1,646,404	$ 1,948,005
Distributions Per Limited Partnership Unit Outstanding, Basic (in Dollars per share)	$ 41.25	$ 48.50
Weighted Average Limited Partnership Units Outstanding, Basic (in Shares)	39,915	40,163
DistributionsPerUnitOfNetIncome (in Dollars per Share)	14.53	35.76
DistributionsPerUnitOfReturnOfCapital (in Dollars per Share)	26.72	12.74
Sale Proceeds Distribution Made To Member Or Limited Partner	$ 180,000	$ 290,000
SaleProceedsDistributionMadetoLimitedPartnerPerUnit	$ 4.52	$ 7.24
Partners' Capital Account, Units, Redeemed (in Shares)	222.04	174.25
Partners' Capital Account, Redemptions	$ 142,478	$ 117,841
Managing Member [Member]
Members' Equity (Details) [Line Items]
Distribution Made to Limited Liability Company (LLC) Member, Cash Distributions Declared	47,171	54,208
Sale Proceeds Distribution Made To Member Or Limited Partner	1,818	2,929
Partners' Capital Account, Redemptions	$ 4,406	$ 3,644

Income Taxes (Details) - Federa

Income Taxes (Details) - Federal Taxable Income Reconciliation - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Federal Taxable Income Reconciliation [Abstract]
Net Income (Loss) for Financial Reporting Purposes	$ (85,662)	$ 1,618,411
Depreciation for Tax Purposes Under Depreciation and Amortization for Financial Reporting Purposes	332,742	355,036
Income Accrued for Tax Purposes Over (Under) Income for Financial Reporting Purposes	11,598	0
Real Estate Impairment Loss Not Recognized for Tax Purposes	830,971	0
Gain on Sale of Real Estate for Tax Purposes Under Gain for Financial Reporting Purposes	0	(186,956)
Taxable Income to Members	$ 1,089,649	$ 1,786,491

Income Taxes (Details) - Fede_2

Income Taxes (Details) - Federal Tax Members' Equity - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Federal Tax Members' Equity [Abstract]
Members’ Equity for Financial Reporting Purposes	$ 22,906,935	$ 24,833,056
Adjusted Tax Basis of Investments in Real Estate Over Net Investments in Real Estate for Financial Reporting Purposes	4,964,051	3,800,338
Income Accrued for Tax Purposes Over Income for Financial Reporting Purposes	56,132	44,534
Syndication Costs Treated as Reduction of Capital For Financial Reporting Purposes	6,015,670	6,015,670
Members’ Equity for Tax Reporting Purposes	$ 33,942,788	$ 34,693,598