XML 15 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
ASSETS:    
Cash & Equivalents $ 207,473 $ 381,725
Property Net 2,889,293 2,840,605
Uncollected rental revenue 181,180 124,137
Prepaid Advertising 0 4,071
Other Assets 26,045 33,330
TOTAL 3,303,991 3,383,868
LIABILITIES:    
Distribution due to Partners 193,769 193,769
Incentive management fee payable to general partners 27,595 0
Deferred Income 46,441 43,995
Accrued Expenses 40,053 28,470
Property management fees payable 9,486 8,362
Customer deposits and other liabilities 26,424 41,936
Total Liabilities 343,768 316,532
PARTNERS' EQUITY:    
General Partners (109,817) (108,690)
Limited Partners 2,872,009 2,983,580
Total Partners' Equity 2,762,192 2,874,890
Noncontrolling interest in real estate joint venture 198,031 192,446
Total Equity 2,960,223 3,067,336
TOTAL $ 3,303,991 $ 3,383,868