CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2013	Dec. 31, 2012
ASSETS
Rental Properties	$ 154,264,585	$ 94,973,600
Property Held for Sale		462,250
Cash and Cash Equivalents	5,259,049	6,981,906
Rents Receivable	564,197	475,083
Real Estate Tax Escrows	262,787	449,652
Prepaid Expenses and Other Assets	5,402,043	3,073,890
Investments in Unconsolidated Joint Ventures	10,652,571	13,986,173
Financing and Leasing Fees	1,225,463	1,135,936
Total Assets	177,630,695	121,538,490
LIABILITIES AND PARTNERS' CAPITAL
Mortgage Notes Payable	191,974,239	138,055,522
Accounts Payable and Accrued Expenses	2,751,753	2,361,942
Advance Rental Payments and Security Deposits	4,026,643	3,636,704
Total Liabilities	198,752,635	144,054,168
Commitments and Contingent Liabilities (Notes 3 and 9)
Partners' Capital 129,539 and 130,444 units outstanding in 2013 and 2012 respectively	(21,121,940)	(22,515,678)
Total Liabilities and Partners' Capital	$ 177,630,695	$ 121,538,490

This element represents the deferred financing and leasing cost incurred by the entity during the reporting period.

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Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.

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Property, plant and equipment that is held for sale apart from normal operations and anticipated to be sold in less than one year.

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.

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Refundable consideration, usually cash, held by the entity pending satisfactory completion of the entity's obligations or pending the closing of a contract.

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The designation of funds furnished by a borrower to a lender to assure future payments of the borrower's real estate taxes and insurance obligations with respect to a mortgaged property. Escrow deposits may be made for a variety of other purposes such as earnest money and contingent payments. This element excludes replacement reserves which are an escrow separately provided for within the US GAAP taxonomy.

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Carrying amount of income producing properties held for rental.

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