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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Rental Properties $ 261,361,758 $ 264,609,887
Cash and Cash Equivalents 20,822,344 18,646,972
Rents Receivable 1,224,948 1,412,074
Real Estate Tax Escrows 546,426 534,941
Prepaid Expenses and Other Assets 4,776,893 5,054,959
Investments in Unconsolidated Joint Ventures 1,400,524 1,410,769
Total Assets 290,132,893 291,669,602
LIABILITIES AND PARTNERS' CAPITAL    
Mortgage Notes Payable 282,951,918 283,444,533
Notes Payable 17,000,000 17,000,000
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture 21,850,666 21,339,743
Accounts Payable and Accrued Expenses 4,075,165 3,888,237
Advance Rental Payments and Security Deposits 7,187,229 7,466,134
Total Liabilities 333,064,978 333,138,647
Partners' Capital 121,756 and 121,756 units outstanding in 2021 and 2020 respectively (42,932,085) (41,469,045)
Total Liabilities and Partners' Capital $ 290,132,893 $ 291,669,602