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Statements of Income (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUES:        
Self-storage rental income $ 421,090 $ 457,086 $ 848,205 $ 908,686
Ancillary operating revenue 37,849 32,642 71,401 63,637
Interest and other income 3 65 21 137
TOTAL 458,942 489,793 919,627 972,460
EXPENSES:        
Depreciation 6,934 769 9,973 1,232
Operating 198,588 200,074 406,939 424,387
General and administrative 62,180 53,909 163,526 153,018
General partners' incentive management fee 16,911 14,385 24,318 29,935
Property management fee 23,120 23,304 46,561 47,338
Total 307,733 292,441 651,317 655,910
NET INCOME 151,209 197,352 268,310 316,550
AGGREGATE INCOME ALLOCATED TO:        
General partners 1,512 1,974 2,683 3,166
Limited partners 149,697 195,378 265,627 313,384
TOTAL $ 151,209 $ 197,352 $ 268,310 $ 316,550
Weighted average limited partnership units outstanding 24,000 24,000 24,000 24,000
NET INCOME ATTRIBUTABLE TO THE PARTNERSHIP PER LIMITED PARTNERSHIP UNIT $ 6.24 $ 8.14 $ 11.07 $ 13.06