Quarterly report pursuant to Section 13 or 15(d)

Intangibles (Tables)

v2.4.0.8
Intangibles (Tables)
6 Months Ended
Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Amortization of the intangible lease asset
s reflected in the accompanying Consolidated Statements of Income as a reduction to lease revenue. This amount is included in Amortization expense in the accompanying Consolidated Statements of Cash Flows.
Intangible Lease Asset
 
 
June 30, 2014
 
December 31, 2013
Intangible lease asset
 
$
1,094,771

 
$
1,094,771

Accumulated amortization
 
(875,816
)
 
(729,847
)
Net intangible lease asset
 
$
218,955


$
364,924

Remaining Estimated Amortization On Intangibles
Year ending December 31,
 
Amount
2014
 
$
145,970

2015
 
72,985

Total
 
$
218,955


Remaining estimated amortization on the lease
Remaining Estimated Amortization On Intangibles
Year ending December 31,
 
Amount
2014
 
$
145,970

2015
 
72,985

Total
 
$
218,955