Address
|
City
|
State
|
Purchase
Price
|
Compensation to Advisor and
Affiliates (1)
|
|||
3226
Sheep Lane North
|
Tooele
|
UT
|
$
31,748,538
|
$
461,000
|
Address
|
City
|
State
|
Total
Square Feet Leased
|
Rent
Per Square Foot
|
Year
1 Rent
|
Initial
Lease Term (Years)
|
|||
3226
Sheep Lane North
|
Tooele
|
UT
|
574,106
|
$ 4.16
|
$ 2,385,866
|
12.3
|
Mortgage
Debt Amount
|
Rate
|
Maturity
Date
|
|||||||
$15,000,000
|
6.145%(1)
|
February
2017
|
(Amounts
in millions)(1)
|
Six
Months
Ended
|
Year
Ended
|
||||||||||||||
June
30, 2009
|
Dec.
31, 2008
|
Dec.
31, 2007
|
Dec.
31, 2006
|
|||||||||||||
Profit
and Loss Account
|
||||||||||||||||
Total
operating income
|
$
|
5,650
|
$
|
12,214
|
$
|
10,580
|
$
|
9,149
|
||||||||
Operating
profit
|
1,223
|
2,791
|
2,468
|
1,677
|
||||||||||||
Retained
profit
|
406
|
1,259
|
1,161
|
689
|
As
of
|
As
of
|
|||||||||||||||
June
30, 2009
|
Dec.
31, 2008
|
Dec.
31, 2007
|
Dec.
31, 2006
|
|||||||||||||
Balance
Sheets
|
||||||||||||||||
Total
assets
|
$
|
14,101
|
$
|
13,423
|
$
|
11,644
|
$
|
11,236
|
||||||||
Long-term
debt
|
10
|
6
|
10
|
22
|
||||||||||||
Shareholders’
equity
|
5,313
|
4,815
|
4,733
|
3,655
|
(1)
|
Amounts
reflect a conversion from British pounds to U.S. Dollars at a conversion
rate specific to each period
presented.
|
Three
Months Ended
|
||||||||||||||||
September
30,
|
June
30,
|
March
31,
|
December
31,
|
|||||||||||||
2009
|
2009
|
2009
|
2008
|
|||||||||||||
Distributions
paid in cash
|
$ | 525,184 | $ | 249,721 | $ | 145,461 | $ | 127,599 | ||||||||
Distributions
reinvested
|
358,297 | 160,467 | 74,744 | 63,763 | ||||||||||||
Total
distributions
|
$ | 883,481 | $ | 410,188 | $ | 220,205 | $ | 191,362 | ||||||||
Source
of distributions:
|
||||||||||||||||
Cash
flows provided by (used in) operations (GAAP basis)
|
$ | 827,238 | $ | (3,129,082 | ) | $ | (1,215,145 | ) | $ | 191,362 | ||||||
Proceeds
from issuance of common stock
|
56,243 | 3,539,270 | 1,435,350 | — | ||||||||||||
Total
sources
|
$ | 883,481 | $ | 410,188 | $ | 220,205 | $ | 191,362 |