XML 20 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statements of Income (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
REVENUES:    
Self-storage rental income $ 1,819,298 $ 1,645,945
Ancillary operating revenue 178,433 191,602
Interest and other income 0 44
TOTAL 1,997,731 1,837,591
EXPENSES:    
Depreciation 11,141 13,908
Operating 890,084 807,596
General and administrative 297,428 268,840
General partners' incentive management fee 63,226 72,025
Property management fee 118,142 108,319
Total 1,380,021 1,270,688
INCOME FROM CONTINUING OPERATIONS 617,710 566,903
Income (loss) from discontinue operations (210) 74,047
Net gain on sale of discontinued operations 0 3,166,809
NET INCOME 617,500 3,807,759
AGGREGATE INCOME ALLOCATED TO:    
General partners 6,175 38,078
Limited partners 611,325 3,769,681
TOTAL $ 617,500 $ 3,807,759
Weighted average limited partnership units outstanding 23,753 23,753
NET INCOME ATTRIBUTABLE TO THE PARTNERSHIP PER LIMITED PARTNERSHIP UNIT 25.74 158.70