ICON INCOME FUND TEN LLC

CIK:0001220606|SEC Filings

Consolidated Statements of Comprehensive Income (unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenue and other income:
Finance income	$ 711,600	$ 1,445,515	$ 2,738,112	$ 4,584,971
Income (loss) from investments in joint ventures	0	(150,702)	1,379	(755,478)
Interest and other (loss) income	10,871	(19,902)	(1,723)	337
Total revenue and other income	722,471	1,274,911	2,737,768	3,829,830
Expenses:
Administrative expense reimbursements	71,965	0	71,965	0
General and administrative	135,293	56,203	332,025	715,818
Total expenses	207,258	56,203	403,990	715,818
Net income	515,213	1,218,708	2,333,778	3,114,012
Less: net income (loss) attributable to noncontrolling interests	0	0	18,629	(37,283)
Net income attributable to Fund Ten Liquidating Trust	515,213	1,218,708	2,315,149	3,151,295
Other comprehensive income:
Change in fair value of derivative financial instruments	0	13,218	0	52,053
Total other comprehensive income	0	13,218	0	52,053
Comprehensive income:
Comprehensive income	515,213	1,231,926	2,333,778	3,166,065
Less: comprehensive income (loss) attributable to noncontrolling interests	0	0	18,629	(37,283)
Comprehensive income attributable to Fund Ten Liquidating Trust	515,213	1,231,926	2,315,149	3,203,348
Net income attributable to Fund Ten Liquidating Trust allocable to:
Additional beneficial owners	510,061	1,206,521	2,291,998	3,119,782
Managing Trustee	5,152	12,187	23,151	31,513
Net (loss) income attributable to Fund Ten	$ 515,213	$ 1,218,708	$ 2,315,149	$ 3,151,295
Weighted average number of additional beneficial owners' Interests outstanding (in shares)	148,211	148,211	148,211	148,211
Net income attributable to Fund Ten Liquidating Trust per weighted average additional beneficial owners' Interest outstanding (in dollars per share)	$ 3.44	$ 8.14	$ 15.46	$ 21.05

Derivative Financial Instruments, Effect of cash flow hedging instruments (Details) (Interest Rate Swap [Member], Designated as Hedging Instrument [Member], Cash Flow Hedging [Member], Income (Loss) from Investments In Joint Ventures [Member], USD $)	3 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013
Interest Rate Swap [Member] \| Designated as Hedging Instrument [Member] \| Cash Flow Hedging [Member] \| Income (Loss) from Investments In Joint Ventures [Member]
Derivative [Line Items]
Amount of Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)	$ (362)	$ (1,930)
Gain (Loss) Reclassified from AOCI into Income (Effective Portion)	$ (13,580)	$ (53,983)

Consolidated Balance Sheets (unaudited) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 6,070,789	$ 6,966,884
Current portion of net investment in finance leases	3,544,330	15,180,015
Due from Managing Trustee	69,357	0
Total current assets	9,684,476	22,146,899
Non-current assets:
Net investment in finance leases, less current portion	11,905,052	14,546,800
Other non-current assets	2,136	2,136
Total non-current assets	11,907,188	14,548,936
Total Assets	21,591,664	36,695,835
Current liabilities:
Accrued expenses	195,775	211,145
Indemnification liability	381,582	379,806
Total liabilities	577,357	590,951
Commitments and contingencies (Note 6)
Beneficial owners' equity:
Additional beneficial owners	22,103,470	37,061,583
Managing Trustee	(1,089,163)	(938,070)
Total beneficial owners' equity	21,014,307	36,123,513
Noncontrolling Interests	0	(18,629)
Total equity	21,014,307	36,104,884
Total liabilities and equity	$ 21,591,664	$ 36,695,835