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Condensed Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenue:        
Basic minimum annual rent, from a related party $ 866,237 $ 817,836 $ 1,732,472 $ 1,635,503
Advance of primary overage rent, from a related party 188,000 188,000 376,000 376,000
Total rent income 1,054,237 1,005,836 2,108,472 2,011,503
Interest and dividend income 164 235 350 486
Total revenue 1,054,401 1,006,071 2,108,822 2,011,989
Expenses:        
Interest on mortgages 680,400 645,848 1,364,334 1,294,972
Supervisory services, to a related party 31,426 30,500 62,851 61,000
Depreciation of building and tenant improvements 438,025 367,610 838,534 733,114
Amortization of leasing commissions 56,786 46,043 111,067 96,737
Professional fees, including amounts to a related party 49,229 30,850 103,003 60,833
Miscellaneous 14,168   17,168 3,000
Total expenses 1,270,034 1,120,851 2,496,957 2,249,656
Net Loss $ (215,633) $ (114,780) $ (388,135) $ (237,667)
Loss per $5,000 participation unit, based on 720 participation units outstanding during the period $ (299.49) $ (159.42) $ (539.08) $ (330.09)
Distributions per $5,000 participation unit consisted of the following:        
Income $ 0.00 $ 0.00 $ 0.00 $ 0.00
Return of capital $ 250.00 $ 250.00 $ 500.00 $ 500.00
Total distributions $ 250.00 $ 250.00 $ 500.00 $ 500.00