Company profile

Employees
Incorporated in
Location
Fiscal year end
Industry
Commercial
Industry (SEC)
SEC CIK
IRS number
753074973

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

14 Nov 19
11 Dec 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Operating income -143.62K 148.23K -429.92K -613.86K
Net change in cash -39.37K 1.17M -32.23K -3.36M
Cash on hand 3.31M 3.35M 2.19M 2.22M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 1.22M 1.22M 982.72K 1.28M
Operating income -126.66K 853.55K 949.38K 375.95K
Net change in cash -3.86M 3.94M 358.61K -2.4M
Cash on hand 2.22M 6.08M 2.14M 1.78M

Financial data from company earnings reports

Financial report summary

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Management Discussion
  • For the nine months ended September 30, 2019 and 2018, the Company recognized rental income of $1,487,771 and $1,549,101, respectively.  In 2019, rental income decreased due to the sale of one property in 2019, rent decreases related to the Tractor Supply Company store in Yankton, South Dakota and the lease term ending for the Dick’s Sporting Goods store, as discussed below.  These decreases were partially offset by additional rent received from one property acquisition in 2018, rent increases on three properties and rent received from a new tenant in the Wichita property.  Based on the scheduled rent for the properties owned as of October 31, 2019, the Company expects to recognize rental income of approximately $1,966,000 and $1,586,000 in 2019 and 2020, respectively.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: BigTime, buyer, earlier, entertainment, expended, Fun, improvement, indoor, met, negotiate, Partnership
Removed: pursue