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Consolidated Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
ASSETS:    
Cash & Equivalents $ 537,223 $ 703,774
Property Net 2,853,141 2,764,382
Uncollected Rental Revenue 159,428 155,208
Prepaid Advertising 5,514 5,358
Other Assets 26,045 26,045
TOTAL 3,581,351 3,654,767
LIABILITIES:    
Distribution due to Partners 193,769 232,523
Incentive Management Fee Liability 17,439   
Property Management Fee Liability 10,208 10,459
Deferred Income 41,192 45,369
Accrued Expenses 38,287 39,873
Other Liabilities 147,440 96,804
Total Liabilities 448,335 425,028
PARTNERS' EQUITY:    
General Partners (108,038) (107,091)
Limited Partners 3,048,180 3,141,971
Total Partners' Equity 3,133,016 3,208,015
Noncontrolling Interest in Real Estate Joint Venture 192,874 194,859
TOTAL $ 3,581,351 $ 3,654,767