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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:    
Net income (loss) $ 4,535 $ (140)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 586 596
Amortization of loan costs 26 30
Casualty gain (7) 0
Bad debt expense 44 54
Gain from sale of discontinued operations (4,940) 0
Loss on early extinguishment of debt 9 0
Change in accounts:    
Receivables and deposits 36 (109)
Other assets 66 0
Accounts payable 3 27
Tenant security deposit liabilities (41) (2)
Accrued property taxes (143) (72)
Due to affiliates 7 5
Taxes payable 15 0
Other liabilities (1) (14)
Net cash provided by operating activities 195 375
Cash flows from investing activities:    
Property improvements and replacements (131) (240)
Net proceeds from sale of discontinued operations 8,818 0
Insurance proceeds received 7 0
Net cash provided by (used in) investing activities 8,694 (240)
Cash flows from financing activities:    
Repayment of mortgage note payable (5,878) 0
Advances from affiliate 15 121
Repayment of advances from affiliate (331) (204)
Loan costs paid (15) (26)
Net cash used in financing activities (6,209) (109)
Net increase in cash and cash equivalents 2,680 26
Cash and cash equivalents at beginning of year 124 98
Cash and cash equivalents at end of year 2,804 124
Supplemental disclosure of cash flow information:    
Cash paid for interest 82 89
Supplemental disclosure of non-cash flow activity:    
Property improvements and replacements included in accounts payable $ 0 $ 3