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Consolidated Statements of Income (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
REVENUES:        
Self-storage rental income $ 614,458 $ 617,578 $ 1,767,713 $ 1,767,596
Ancillary operating revenue 52,515 50,514 159,707 142,731
Interest and other income 0 14 9 42
TOTAL 666,973 668,106 1,927,429 1,910,369
EXPENSES:        
Depreciation 5,979 9,016 25,163 20,279
Operating 296,405 289,406 892,386 864,141
General and administrative 90,465 78,572 276,583 271,307
General partners' incentive management fee 15,872 17,439 52,318 59,293
Property management fee 30,773 31,254 97,436 94,580
Total 439,494 425,687 1,343,886 1,309,600
NET INCOME 227,479 242,419 583,543 600,769
LESS: net income attributable to the non-controlling interest 23,381 20,082 59,521 50,130
NET INCOME ATTRIBUTABLE TO THE PARTNERSHIP 204,098 222,337 524,022 550,639
NET INCOME ATTRIBUTABLE TO THE PARTNERSHIP ALLOCATED TO:        
General partners 2,041 2,223 5,240 5,506
Limited partners 202,057 220,114 518,782 545,133
TOTAL $ 204,098 $ 222,337 $ 524,022 $ 550,639
Weighted average limited partnership units outstanding 30,693 30,693 30,693 30,693
NET INCOME ATTRIBUTABLE TO THE PARTNERSHIP PER LIMITED PARTNERSHIP UNIT $ 6.58 $ 7.17 $ 16.90 $ 17.76