Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Reconciliation of Financial Statement Net Income to Taxable Income

A reconciliation of financial statement net income to taxable income for each of the periods is as follows:

	2012			2011			2010
Net income per financial statements	$	823,191		$	1,334,008		$	852,029
Excess (tax) book depreciation		(95	)		(289	)		28,170
Excess book gain		—			(76,061	)		—
Taxable income	$	823,096		$	1,257,658		$	880,199

Reconciliation of Partnership Equity Per Financial Statements to Partners' Equity for Tax Purposes

A reconciliation of partnership equity per the financial statements to partners’ equity for tax purposes as of December 31, 2012, is as follows (unaudited):

Partners’ equity per financial statements	$	3,827,600
Issue costs of limited partnership units capitalized for tax purposes		1,741,677
Difference in book vs. tax depreciation		506,118
Other		84
Partners’ equity for tax purposes	$	6,075,479