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Condensed Consolidated Statements of Income (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES:        
Self-storage rental income $ 748,280 $ 637,154 $ 1,459,761 $ 1,247,539
Ancillary operating revenue 65,161 50,507 126,295 100,722
Interest and other income 0 0 0 0
TOTAL 813,441 687,661 1,586,056 1,348,261
EXPENSES:        
Depreciation 6,867 6,923 14,400 13,348
Operating 314,858 337,699 675,823 644,784
General and administrative 93,930 114,070 200,627 213,654
General partners' incentive management fee 17,439 17,439 34,878 34,878
Property management fee 41,196 32,755 80,200 66,959
Total 474,290 508,886 1,005,928 973,623
NET INCOME 339,151 178,775 580,128 374,638
LESS: net income attributable to the non-controlling interest (43,572) (26,898) (72,480) (47,585)
NET INCOME ATTRIBUTABLE TO THE PARTNERSHIP 295,579 151,877 507,648 327,053
NET INCOME ATTRIBUTABLE TO THE PARTNERSHIP ALLOCATED TO:        
General partners 2,956 1,519 5,076 3,271
Limited partners 292,623 150,358 502,572 323,782
TOTAL $ 295,579 $ 151,877 $ 507,648 $ 327,053
Weighted average limited partnership units outstanding 30,693 30,693 30,693 30,693
NET INCOME ATTRIBUTABLE TO THE PARTNERSHIP PER LIMITED PARTNERSHIP UNIT 9.53 4.90 16.37 10.55