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Condensed Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:    
Net income $ 3,662,294 $ 4,756,360
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of building and tenant improvements 1,112,272 707,810
Amortization of leasing commissions 142,985 143,161
Amortization of mortgage refinancing costs 237,783 237,783
Changes in operating assets and liabilities:    
Other receivable and Due from Lessee (4,424,412) (5,211,195)
Leasing commissions paid (159,949) (166,946)
Increase (decrease) in accrued mortgage interest (3,529) (3,347)
Increase (decrease) in accrued supervisory fees, a related party 253,745 448,365
Increase (decrease) in accrued expenses and other liabilities (66,481) 0
Net cash provided by operating activities 754,707 911,991
Cash flows from investing activities:    
Purchase of building and tenant improvements (2,931,285) (1,283,355)
Increase in payable to Lessee 3,091,234 447,005
Net cash provided by (used in) investing activities 159,949 (836,350)
Cash flows from financing activities:    
Repayment of mortgages payable (729,331) (690,304)
Financing costs 0 50
Deferred costs (379,021) 0
Distributions to Participants (540,000) (540,000)
Members' distributions held by Supervisor 0 (60,000)
Net cash used in financing activities (1,648,352) (1,290,254)
Net decrease in cash and cash equivalents (733,696) (1,214,613)
Cash and cash equivalents, beginning of period 1,513,152 1,953,929
Cash and cash equivalents, end of period 779,456 739,316
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 1,703,342 $ 1,742,371