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Statements of Income (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
REVENUES:        
Self-storage rental income $ 420,679 $ 430,766 $ 1,243,101 $ 1,258,478
Ancillary operating revenue 42,671 41,712 123,418 122,208
Interest and other income 0 57 42 175
TOTAL 463,350 472,535 1,366,561 1,380,861
EXPENSES:        
Depreciation 2,794 5,504 11,114 11,956
Operating 202,724 194,022 631,516 588,120
General and administrative 60,375 57,035 201,585 210,113
General partners' incentive management fee 19,576 30,084 48,804 62,550
Property management fee 26,717 26,143 81,369 81,066
Total 312,186 312,788 974,388 953,805
INCOME FROM CONTINUING OPERATIONS 151,164 159,747 392,173 427,056
Income (loss) from discontinue operations (45,147) 78,402 107,447 226,013
Net gain on sale of discontinued operations 3,166,809 0 3,166,809 0
NET INCOME 3,272,826 238,149 3,666,429 653,069
AGGREGATE INCOME ALLOCATED TO:        
General partners 32,728 2,381 36,664 6,531
Limited partners 3,240,098 235,768 3,629,765 646,538
TOTAL $ 3,272,826 $ 238,149 $ 3,666,429 $ 653,069
Weighted average limited partnership units outstanding 23,753 23,753 23,753 23,753
NET INCOME ATTRIBUTABLE TO THE PARTNERSHIP PER LIMITED PARTNERSHIP UNIT $ 136.41 $ 9.93 $ 152.81 $ 27.22