Subsequent Event

6 Months Ended

Jun. 30, 2011

Subsequent Event [Abstract]

Subsequent Event

(6) Subsequent Event

As reported under Item(1)(a) (“Nature of Operations”) above, on August 1, 2011, the Partnership sold 3,499 units of its remaining containers and its direct financing lease receivables for $6,180,454 in cash. As of June 30, 2011, the book value of the containers and direct financing lease receivables was $2,043,868. The sale was reported by the Partnership in its 8-K Report, with an event date of August 1, 2011.

With the completion of this sale of containers, the Partnership has now resolved to wind up and dissolve. See Note 1(a), herein, for further discussions.