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Consolidated Balance Sheets (Unaudited) (USD $)
Mar. 31, 2013
Dec. 31, 2012
ASSETS:    
Cash & Equivalents $ 390,559 $ 381,725
Property Net 2,838,630 2,840,605
Uncollected rental revenue 109,601 124,137
Prepaid Advertising 12,247 4,071
Other Assets 50,081 33,330
TOTAL 3,401,118 3,383,868
LIABILITIES:    
Distribution due to Partners 193,769 193,769
Incentive Management Fee Liability 13,536 0
Property Management Fee Liability 9,709 8,362
Deferred Income 45,234 43,995
Accrued Expenses 28,574 28,470
Other Liabilities 55,566 41,936
Total Liabilities 346,388 316,532
PARTNERS' EQUITY:    
General Partners (108,876) (108,690)
Limited Partners 2,965,173 2,983,580
Total Partners' Equity 2,856,298 2,874,890
Noncontrolling interest in real estate joint venture 198,432 192,446
Total Equity 3,054,730 3,067,336
TOTAL $ 3,401,118 $ 3,383,868