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Statement of Income (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Rental Income $ 178,393 $ 159,830 $ 356,371 $ 313,437
Expenses:        
Partnership Administration – Affiliates 35,393 35,656 73,308 74,763
Partnership Administration and Property Management – Unrelated Parties 16,505 15,930 27,446 24,560
Property Acquisition 0 28,668 0 28,668
Depreciation and Amortization 77,111 66,744 154,222 130,550
Total Expenses 129,009 146,998 254,976 258,541
Operating Income 49,384 12,832 101,395 54,896
Other Income:        
Interest Income 1,071 1,262 2,182 2,476
Income From Continuing Operations 50,455 14,094 103,577 57,372
Income (Loss) from Discontinued Operations (11,021) 21,346 (17,057) 634,118
Net Income 39,434 35,440 86,520 691,490
Net Income Allocated:        
General Partners 1,183 3,880 2,596 12,024
Limited Partners $ 38,251 $ 31,560 $ 83,924 $ 679,466
Income (Loss) per Limited Partnership Unit:        
Continuing Operations (in Dollars per share) $ 3.16 $ 0.88 $ 6.49 $ 3.58
Discontinued Operations (in Dollars per share) $ (0.69) $ 1.15 $ (1.07) $ 40.07
Total – Basic and Diluted (in Dollars per share) $ 2.47 $ 2.03 $ 5.42 $ 43.65
Weighted Average Units Outstanding – Basic and Diluted (in Shares) 15,466 15,521 15,476 15,566