10-K

Large accelerated filer

Accelerated filer

Non-accelerated filer

Smaller Reporting Company

0001193125-12-164250.txt : 20120416 0001193125-12-164250.hdr.sgml : 20120416 20120416142001 ACCESSION NUMBER: 0001193125-12-164250 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120416 DATE AS OF CHANGE: 20120416 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP CENTRAL INDEX KEY: 0000825788 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 391606834 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17686 FILM NUMBER: 12760699 BUSINESS ADDRESS: STREET 1: 1100 MAIN STREET CITY: KANSAS CITY STATE: MO ZIP: 64105 BUSINESS PHONE: 8164217444 MAIL ADDRESS: STREET 1: 1100 MAIN STREET STREET 2: SUITE 1830 CITY: KANSAS CITY STATE: MO ZIP: 64105 FORMER COMPANY: FORMER CONFORMED NAME: DIVALL INSURED INCOME FUND-2 LIMITED PARTNERSHIP DATE OF NAME CHANGE: 19880229 10-K 1 d279855d10k.htm 10-K 10-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-K

(Mark One)

x	ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2011

¨	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission file number 0-17686

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

(Exact name of registrant as specified in its charter)


Wisconsin		39-1606834
(State or other jurisdiction of		(I.R.S. Employer
incorporation or organization)		Identification No.)

1100 Main Street, Suite 1830 Kansas City, Missouri 64105

(Address of principal executive offices, including zip code)

(816) 421-7444

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to Section 12(g) of the Act: Limited Partnership Interests

Indicate by check mark whether the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ¨ No x

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ¨ No x

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No ¨

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ¨ No x

The aggregate market value of the voting securities held by non-affiliates of the Registrant: The aggregate market value of limited partnership interests held by non-affiliates is not determinable since there is no public trading market for the limited partnership interests.

Index to Exhibits located on page: 53 - 54

TABLE OF CONTENTS

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

FORM 10-K

FOR THE YEAR ENDED DECEMBER 31, 2011


	Page
PART I

Item 1. Business		3

Item 1A. Risk Factors		5

Item 1B. Unresolved Staff Comments		5

Item 2. Properties		5

Item 3. Legal Proceedings		12

Item 4. Mine Safety Disclosures		12

Part II

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities		13

Item 6. Selected Financial Data		13

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations		14

Item 7A. Quantitative and Qualitative Disclosures About Market Risk		24

Item 8. Financial Statements and Supplementary Data		25

Item 9. Changes In and Disagreements with Accountants on Accounting and Financial Disclosure		47

Item 9A. Controls and Procedures		47

Item 9B. Other Information		47

Part III

Item 10. Directors, Executive Officers and Corporate Governance		48

Item 11. Executive Compensation		49

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters		50

Item 13. Certain Relationships and Related Transactions, and Director Independence		51

Item 14. Principal Accounting Fees and Services		52

Part IV

Item 15. Exhibits, Financial Statement Schedules		53-54

Signatures		57

PART I

Item 1. Business

Background

The Registrant, DiVall Insured Income Properties 2 Limited Partnership (the “Partnership”), is a limited partnership organized under the Wisconsin Uniform Limited Partnership Act pursuant to a Certificate of Limited Partnership dated as of November 20, 1987, and governed by a Limited Partnership Agreement, as amended from time to time (collectively, the “Partnership Agreement”). The Partnership is managed by its general partner, The Provo Group, Inc. (the “General Partner”, “TPG”, and “Management”). As of December 31, 2011, the Partnership had 1,757 Limited Partners owning an aggregate of 46,280.3 Limited Partnership Interests (the “Interests”).

The Partnership is engaged in the business of owning and operating its investment portfolio of commercial real estate properties (the “Properties”). At December 31, 2011, the Partnership owned thirteen properties, located in a total of six states. The Properties, except for the vacant Phoenix, AZ property, which formerly operated as China Super Buffet (“China Buffet”), are leased on a triple net basis primarily to, and operated by, primarily franchisees of national, regional and local retail chains under long-term leases. The lessees are predominantly fast food, family style, and casual/theme restaurants.

At December 31, 2011 nine of the thirteen Properties were and continue to be leased to three Wendy’s Franchisee’s, with six of the Properties being leased to Wendgusta, LLC (“Wendgusta”), two of the Properties being leased to Wendcharles I, LLC (“Wendcharles I”), and one of the Properties being leased to Wendcharles II, LLC (“Wendcharles II”). Operating base rents from these nine leases comprised approximately 75% of the total 2011 operating base rents. During 2011, additional percentage rents were also generated from these nine Wendy’s properties and totaled approximately $419,000. Additionally, the nine properties exceeded 69% of the Partnership’s total Properties, both by historical asset value and number. Eight of the nine Wendy’s leases are set to expire in November of 2021, with the remaining Wendy’s lease set to expire in November of 2016. See Properties under Item 2 below for the table of all Properties and lease expirations and a discussion of Properties with significant developments.

During the process of leasing the Properties, the Partnership may experience competition from owners and managers of other properties. As a result, in connection with negotiating tenant leases, along with recognizing market conditions, Management may offer rental concessions, or other inducements, which may have an adverse impact on the results of the Partnership’s operations. The Partnership is also in competition with sellers of similar properties to locate suitable purchasers for its Properties.

November 30, 2020 (the “Extension Proposition”), or wished the Partnership to sell its assets, liquidate, and dissolve by November 30, 2010. A majority of the Partnership Interests voted “FOR” the Extension Proposition and therefore, the Partnership continued to operate as a going concern. During the second quarter of 2011, Consent solicitations were circulated (“2011 Consent”), which if approved would have authorized the sale of all of the Partnership’s Properties and the dissolution of the Partnership. A majority of the Limited Partners did not vote in favor of the 2011 Consent, and the General Partner declared the 2011 Consent solicitation process concluded on June 30, 2011. Therefore, the Partnership continues to operate as a going concern.

The Permanent Manager Agreement

The Permanent Manager Agreement (“PMA”) was entered into on February 8, 1993, between the Partnership, DiVall 1 (which was dissolved in December 1998), DiVall 3 (which was dissolved in December 2003), the now former general partners, Gary J. DiVall and Paul E. Magnuson, their controlled affiliates, and TPG, naming TPG as the Permanent Manager. The PMA contains provisions allowing TPG to submit the PMA, the issue of electing TPG as General Partner, and the issue of acceptance of the resignations of the former general partners to a vote of the Limited Partners through a solicitation of written consents.

TPG, as the General Partner, has been operating and managing the affairs of the Partnership in accordance with the provisions of the PMA and the Partnership Agreement.

The PMA had an original expiration date of December 31, 2002. At the end of the original term, it was extended three years by TPG to an expiration date of December 31, 2005, then an additional three years to an expiration date of December 31, 2008, and then an additional two years to an expiration date of December 31, 2010. Effective January 1, 2011, the PMA was renewed by TPG for the two-year period ending December 31, 2012. The PMA can be terminated earlier (a) by a vote at any time by a majority interest of the Limited Partners, (b) upon the dissolution and winding up of the Partnership, (c) upon the entry of an order of a court finding that TPG has engaged in fraud or other like misconduct or has shown itself to be incompetent in carrying out its duties under the Partnership Agreement, or (d) upon sixty days written notice from TPG to the Limited Partners of the Partnership.

Advisory Board

The concept of the Advisory Board was first introduced by TPG during the solicitation of written consents seeking to elect TPG as the General Partner. The first Advisory Board was appointed in October 1993, and held its first meeting in November 1993. Among other functions, the three person Advisory Board has the following rights: to review operational policies and practices; to review extraordinary transactions; to review internal financial controls and practices; and to review the performance of the independent auditors of the Partnership. The Advisory Board powers are advisory only and the Advisory Board does not have the authority to direct management decisions or policies of the Partnership or remove the General Partner. The Advisory Board has full and free access to the Partnership’s books and records, and individual Advisory Board members have the right to communicate directly with the Limited Partners concerning Partnership business. Members of the Advisory Board are compensated $1,500 annually and $500 for each quarterly meeting attended.

The Advisory Board currently consists of a broker dealer representative, William Arnold; and Limited Partners from the Partnership: Jesse Small and Albert Kramer. For a brief description of each Advisory Board member, refer to Item 10, Directors and Executive Officers of the Registrant.

The Partnership has no employees.

All of the Partnership’s business is conducted in the United States.

Available Information

The Partnership is required to file with the SEC annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, along with any related amendments and supplements to these periodic and current reports. The SEC maintains a website containing these reports and other information regarding our electronic filings at www.sec.gov. These reports may also be read and copied at the SEC’s Public Reference Room at 100 F Street, NE Washington, DC 20549. Further information about the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

We also make these reports and other information available either on or through our Internet Website at www.divallproperties.com as soon as reasonably practicable after such reports are available. Please note that any internet addresses provided in this Form 10-K are for information purposes only and are not intended to be hyperlinks. Accordingly, no information found and/or provided at such internet addresses is intended or deemed to be incorporated by reference herein.

Item 1A. Risk Factors

Not Applicable.

Item 1B. Unresolved Staff Comments

None.

Item 2. Properties

All of the Properties are leased to franchisees of national, regional and local fast food, family style and casual/theme restaurants.

Original lease terms for the majority of the Properties are generally five to twenty years from their inception. All leases are triple-net which require the tenant to pay all property operating costs including maintenance, repairs, utilities, property taxes, and insurance. A majority of the leases contain percentage rent provisions, which require the tenant to pay a specified percentage (five percent to eight percent) of gross sales above a threshold amount. None of the Properties are mortgaged. The Partnership owns the buildings and land and all improvements for all the Properties, except for the property leased to the franchisee of a Kentucky Fried Chicken restaurant (“KFC”) in Santa Fe, New Mexico. KFC is located on land, where the Partnership has entered into a long-term ground lease, as lessee, which is set to expire in 2018. The Partnership has the option to extend the lease for two additional ten year periods. The Partnership owns all improvements constructed on the land (including the building and improvements) until the termination of the ground lease, at which time all constructed improvements will become the land owner’s property.

The Partnership owned the following Properties as of December 31, 2011:


Acquisition Date	Property Name & Address	Lessee	Purchase Price (1)	Operating Rental Per Annum	Lease Expiration Date	Renewal Options
06/15/88	Vacant 8801 N 7th St Phoenix, AZ	NA	$1,087,137	NA	NA	NA

10/10/88	Kentucky Fried Chicken (5) 1014 S St Francis Dr Santa Fe, NM	Palo Alto, Inc,	451,230	60,000	06-30-2018	None

12/22/88	Wendy’s (6) 1721 Sam Rittenburg Blvd Charleston, SC	Wendcharles II, LLC	596,781	76,920	11-6-2021	(2)

12/22/88	Wendy’s (7) 3013 Peach Orchard Rd Augusta, GA	Wendgusta, LLC	649,594	86,160	11-6-2021	(3)

02/21/89	Wendy’s (7) 1901 Whiskey Rd Aiken, SC	Wendgusta, LLC	776,344	96,780	11-6-2021	(3)

02/21/89	Wendy’s (7) 1730 Walton Way Augusta, GA	Wendgusta, LLC	728,813	96,780	11-6-2021	(3)

02/21/89	Wendy’s (8) 343 Foley Rd Charleston, SC	Wendcharles I, LLC	528,125	70,200	11-6-2021	(2)

02/21/89	Wendy’s (8) 361 Hwy 17 Bypass Mount Pleasant, SC	Wendcharles I, LLC	580,938	77,280	11-6-2021	(2)

03/14/89	Wendy’s (7) 1004 Richland Ave Aiken, SC	Wendgusta, LLC	633,750	90,480	11-6-2021	(3)

04/20/89	Daytona’s All Sports Café 4875 Merle Hay Des Moines, IA	Karl Shaen Valderrama	897,813	30,000	05-31-14	None

12/29/89	Wendy’s (7) 517 Martintown Rd N Augusta, SC	Wendgusta, LLC	660,156	87,780	11-6-2021	(3)

12/29/89	Wendy’s (7) 3869 Washington Rd Martinez, GA	Wendgusta, LLC	633,750	84,120	11-6-2016	None

05/31/90	Applebee’s (9) 2770 Brice Rd Columbus, OH	Thomas & King, Inc.	1,434,434	113,330	10-31-2012	(4)

			$9,658,865	$969,830

Footnotes:

(1)	Purchase price includes all costs incurred by the Partnership to acquire the property.

(2)	The tenant has the option to extend the lease two additional periods of five years each.

(3)	The tenant has the option to extend the lease an additional period of five years.

(4)	The tenant has the option to extend the lease five additional periods of two years each.

(5)	Ownership of lessee’s interest is under a ground lease. The tenant is responsible for payment of all rent obligations under the ground lease.

(6)

One of the thirteen Properties owned as of December 31, 2011 was leased to Wendcharles II. Since more than 69% of the Partnership’s Properties, both by historical asset value and number, are leased to Wendy’s franchisees the financial status of the tenant may be considered relevant to investors. At the request of the Partnership, Wendcharles II provided it with a copy of its reviewed financial statements for the fiscal years ended December 25, 2011 and December 26, 2010. Those reviewed financial statements are attached to this Annual Report 10-K as Exhibit 99.2.

(7)

Six of the thirteen Properties owned as of December 31, 2011 were leased to Wendgusta. Since more than 69% of the Partnership’s Properties, both by historical asset value and number, are leased to Wendy’s franchisees, the financial status of the tenant may be considered relevant to investors. At the request of the Partnership, Wendgusta provided it with a copy of its reviewed financial statements for the fiscal years ended December 25, 2011 and December 26, 2010. Those reviewed financial statements are attached to this Annual Report 10-K as Exhibit 99.0.

(8)

Two of the thirteen Properties owned by the Partnership as of December 31, 2011 were leased to Wendcharles I. Since more than 69% of the Partnership’s Properties, both by historical asset value and number, are leased to Wendy’s franchisees, the financial status of the tenant may be considered relevant to investors. At the request of the Partnership, Wendcharles I provided it with a copy of its reviewed financial statements for the fiscal years ended December 25, 2011 and December 26, 2010. Those reviewed financial statements are attached to this Annual Report 10-K as Exhibit 99.1.

(9)	The lease on the property is set to expire on October 31, 2012. Management anticipates that the tenant will exercise its first of five options to renew the lease for an additional two years (base rent is to increase by 2% percent for each year of each option).

The following summarizes significant developments, by property, for properties with such developments.

Vacant Phoenix, AZ Property

The China Super Buffet restaurant ceased operations and vacated the Phoenix, AZ property in late June of 2011. Management had sent a letter of default to the former tenant in June, due to its delinquent May and June of 2011 lease obligations totaling $12,312. Management regained possession of the property in July, and although the former tenant is responsible for lease obligations through its lease end date of January 20, 2013, Management does not anticipate any further rent collections and, therefore, monthly base rent charges of $6,000 per month ceased as of June 30, 2011. As of June 30, 2011, the former tenant’s $18,000 security deposit was applied to the past due amounts and the remaining balance of approximately $5,700 was held by the Partnership as property tax cash escrow. In addition, as of June 30, 2011, the former tenant’s remaining long-term rent receivable balance of $9,000 was removed from the balance sheet as an additional straight-line rent adjustment and its remaining deferred lease commission balance of approximately $7,000 was fully amortized.

The Partnership had been unsuccessful in finding a new tenant for the vacant Phoenix, AZ property, and during the third quarter of 2011, the property was reclassified to properties held for sale upon the late September of 2011 execution of an Agency and Marketing Agreement (“Agreement”) with an unaffiliated Agent. The Agreement gave the Agent the exclusive right to sell the vacant Phoenix, AZ property and the Denny’s, Phoenix, AZ property through auction, sealed bid, hybrid sealed bid, on-line bid or through private negotiations. The vacant, Phoenix, AZ property did not sell at the October 18, 2011 auction. Per the Agreement, the Agent had the right to continue to market the property to potential buyers until the Agreement was set to terminate upon the later of 30 days after the Live Outcry Auction date, or a closing or settlement, if applicable. A marketing fee of approximately $7,700 was paid to the Agent in September of 2011 for the purpose of advertising, marketing and promoting the properties to the buying public. Management continued to market the property to potential buyers.

The carrying amount of the vacant Phoenix, AZ property was reduced by $390,117 during the fiscal year 2011, to its estimated fair value of $150,000. The net book value of the vacant Phoenix, AZ property at December 31, 2011, classified as property held for sale in the condensed financial statements, was approximately $151,700 which included $123,369 related to land , $26,631 related to building, net of accumulated depreciation, $700 related rents and other receivables, $9,300 related to utilities security deposit, $1,600 related to prepaid insurance, $2,300 related to accounts payable and accrued expenses and $7,600 related to property tax payable.

The $325,000 sales contract has various due diligence and feasibility periods, as well as additional extensions and Management has no measure of certainty that the Contract will close or if a specific and unique re-use of the now vacant property will materialize. Therefore, the $150,000 net book value for the vacant property at December 31, 2011, is its estimated fair value based on income capitalization calculations using historical capitalization rates (used by Management in relation to the property for annual Partnership Net Unit Valuations) applied to independently identified market rents, less known re-leasing costs such as estimated roof, parking lot and miscellaneous repairs, as well as leasing commissions. The estimated fair value is not necessarily what the Partnership will settle (sales price net of closing costs), within an actual arms length sales transaction of the vacant property.

At June 30, 2011, the Partnership had accrued six months of 2011 estimated property tax totaling $9,000 based on the 2010 actual property tax bills, approximately $3,300 of which was expensed by the Partnership as property tax. Monthly property tax expense and accruals of $1,500 began in July of 2011 for the vacant property. The first installments of the 2011 property tax bills totaled $7,600 in aggregate and were paid in September of 2011, of which $5,700 was paid from the property tax cash escrow held by the Partnership. The second installments of the 2011 property tax bills total $7,600 in aggregate and are due by March 1, 2012. The monthly property tax accrual for the vacant property was adjusted to approximately $1,300 in September of 2011 due to the receipt of the actual 2011 property tax bills related to the property and therefore the property tax payable balance as of December 31, 2011 approximated $7,600.

Due to the vacancy of the Phoenix, AZ property, the Partnership assumed property insurance and maintenance responsibility beginning in July of 2011. The Partnership purchased property insurance amounting to approximately $3,000 for the 2011/2012 policy year during July of 2011, of which $1,200 was expensed during 2011. Maintenance, security and utility expenditures totaling approximately $10,000 were incurred during the third and fourth quarters of 2011. Management anticipates that the Partnership will continue to incur approximately $1,500 per month in security patrol measures at the vacant property.

Formerly Owned Denny’s Restaurant- Phoenix, AZ Property

The carrying amount of the Denny’s, Phoenix, AZ property was reduced by $104,705 to its estimated fair value less estimated costs to sell of $445,000 during the fiscal year 2011.

During the third quarter of 2011, the property was reclassified to properties held for sale upon the late September of 2011 execution of an Agency and Marketing Agreement (“Agreement”) with an unaffiliated Agent. The Agreement gave the Agent the exclusive right to sell the Denny’s, Phoenix, AZ property and the vacant Phoenix, AZ property through auction, sealed bid, hybrid sealed bid, on-line bid or through private negotiations. The Agreement was set to terminate upon the later of 30 days after the Live Outcry Auction, or a closing or settlement, if applicable. A marketing fee of approximately $7,700 was paid to the Agent in September of 2011 for the purpose of advertising, marketing and promoting the properties to the buying public.

A contract to sell the Denny’s, Phoenix, AZ property was executed at the October 18, 2011 auction by an unaffiliated party for the high bid price of $475,000. A five percent buyer’s premium totaling $23,750, which was retained by the Agent per the Marketing Agreement at closing, was added to the high bid price for a total sales price of $498,750 to be paid by the buyer. The buyer provided a ten percent earnest money deposit of $49,870 which was held by an independent escrow company. The Purchase Agreement was accepted and executed by Management on October 20, 2011. Closing occurred on November 23, 2011 and resulted in a fourth quarter loss of approximately $1,000. Closing and other sale related costs paid by the Partnership amounted to approximately $26,000 and included a two percent commission ($9,500) of the high bid price paid to the Agent and an advisory fee of three percent ($14,250) of the high bid price paid to an affiliate of the Partnership.

A new twenty three month lease for the Denny’s restaurant located in Phoenix, AZ was executed with the tenant, Denny’s #6423, LLC (“Denny’s”) in June of 2009. The lease (which was effective as of June 1, 2009) provided for an annual base rent of $72,000 (less a potential $600 rent credit per month for both timely payment and sales reporting), and was set to expire on April 30, 2011. A commission of approximately $4,000 was paid to a General Partner affiliate in the second quarter of 2009 in relation to the lease. Due to the lease modifications detailed below, approximately $1,200 of the commission paid in 2009 was reimbursed to the Partnership in May of 2011 and is included in other income in the condensed statements of income.

In December of 2009, due to sluggish sales figures, Denny’s notified the General Partner of its intent to terminate its lease early, pursuant to its lease rights, as of March 15, 2010. Responsive to the depressed Phoenix market, during January of 2010, Management and Denny’s agreed to a six month temporary modification to the lease retroactive to January 1, 2010. The tenant’s rent from January of 2010 through June of 2010 was strictly percentage rent at eight percent of monthly sales over $50,000. In June of 2010, an additional temporary lease modification was agreed upon. Denny’s rent from July of 2010 to September of 2010 was strictly percentage rent at eight percent of monthly sales over $50,000 and the rent from October 1, 2010 to December 31, 2010 was strictly percentage rent at eight percent of monthly sales over $37,500. During the fiscal year ended December 31, 2010, percentage rent income totaling approximately $40,000 was recognized in relation to the property.

The January 1, 2011 third modification to Denny’s lease, allowed for a month-to-month tenant lease as of May 1, 2011. In addition, Denny’s rent, beginning January 1, 2011 and until the sale of the property in November of 2011, was strictly percentage rent at eight percent of monthly sales over $37,500. During the fiscal year ended December 31, 2011, percentage rent income totaling approximately $47,000 was recognized in relation to the property. In addition, eight percent of monthly sales between $27,500 and $37,500 (up to $800) were held in a repair fund reserve by the Partnership, from which the tenant could withdraw for necessary property improvements upon proper proof of expenditures to the Partnership. The $8,000 repair fund reserve balance was credited to the buyer upon the sale of the property on November 23, 2011.

Wendy’s- 1721 Sam Rittenberg, Charleston, SC

The Sam Rittenberg property lease with tenant, Wencoast, was set to expire on November 6, 2016. On September 4, 2008 the lease was assumed and assigned to Wendcharles I. Per the Assumption and Assignment of Lease agreement, the monetary lease obligations and original lease expiration date remained the same. However, per a Lease Amendment agreement (“Amendment”) with Wendcharles I, dated September 4, 2008, the original lease was extended five (5) years to November 6, 2021 and provided for two options to renew for additional five (5) year periods. On November 17, 2011, per an Assumption and Assignment of Lease agreement, the lease was assumed and assigned to Wendcharles II.

Wendy’s- 361 Highway 17 Bypass, Mt. Pleasant, SC Property

In October of 2011, the Partnership received Notice (“Condemnation Notice”) that the County of Charleston filed condemnation proceedings on October 12, 2011, which in effect permits the County of Charleston to take possession of approximately 5,000 square feet of the Wendy’s- Mt. Pleasant property and to begin construction of the planned road improvements. The County of Charleston deposited the Initial Offer of $177,000 with the Charleston County Clerk of Court as is required under South Carolina law. The Partnership had until November 11, 2011, to reject the Initial Offer (“Tender of Payment”) for the purchase of the property. The Partnership rejected the Tender of Payment; however, the Initial Offer is still valid during the period the Partnership disputes the County of Charleston’s position that the $177,000 reflects just compensation for the taking of the property. By and through respective legal counsel, the Partnership and the lessee, Wendcharles, each filed a Notice of Court Appearance (“Notice of Appearance”) and requested a jury trial in October. In addition, the Partnership and the lessee served one set of joint initial discovery requests (“Interrogatories” and “Requests for Production”) with the County of Charleston requesting information about and access to up-to-date project plans and any and all other information pertaining to this matter. Management will continue to actively work with legal counsel and Wendcharles I to facilitate a settlement with the County of Charleston and the re-engineering of the County’s plans to preserve the viability of the site for Wendy’s operational use. The net book value of the land to be purchased is $33,991 and was reclassified to a property held for sale during the fourth quarter of 2010.

Daytona’s All Sports Café- Des Moines, IA Property

The second amendment to the lease for the Daytona’s All Sports Café (“Daytona’s) located in Des Moines, IA expired on May 31, 2011. In April of 2011, Management and Daytona’s signed a letter of intent (“LOI”) which agreed to a three year lease amendment and extension which was to begin on June 1, 2011 and expire on May 31, 2014. The third amendment to the lease was executed in early May of 2011 and provides for an annual base rent of $72,000, rent abatement for June for each of the three years, and a continued potential $600 rent credit per month for both timely payment and sales reporting. In addition, Daytona’s is to pay as percentage rent 8% of its annual sales over $850,000. During 2010, Daytona’s reported sales to the Partnership of approximately $820,000 (percentage rents were to be charged at six percent over a sales breakpoint of $900,000). A leasing commission of approximately $5,000 was paid in May of 2011 to a General Partner affiliate upon the execution of the third lease amendment and extension.

Beginning in December of 2005, Management requested that Daytona’s escrow its future property tax liabilities with the Partnership on a monthly basis. As of December 31, 2011, Daytona’s was current on its monthly rent and property tax escrow obligations. The escrow payments held by the Partnership totaled approximately $26,000 and were included in property tax payable in the Partnership’s condensed balance sheets.

Applebee’s- Columbus, OH Property

An Amendment and Extension of Lease (“Amendment”) was executed with the Applebee’s restaurant occupying the property located in Columbus, OH on November 4, 2009. The Amendment, effective as of November 1, 2009, provides for an annual base rent of $135,996 and is set to expire on October 31, 2012. The Amendment also provides Applebee’s five options to renew the lease for an additional two years (base rent is to increase by 2% percent for each year of each option). The Amendment also increased the percentage rent sales breakpoint from $1,500,000 to $2,300,000 and decreased the additional percentage rent from 7% to 5%.

Formerly Owned and Vacant Park Forest, IL Property

The Partnership had been unsuccessful in finding a new tenant for the vacant Park Forest, IL (“Park Forest”) property and, as of December 31, 2009, the carrying value of this property was written down to $0.

In November of 2010, a Purchase Contract was executed for the sale of the Park Forest property to an unaffiliated party for a selling price of $10,000. The closing date of the sale was December 2, 2010, and a net gain on the sale of approximately $7,000 was recognized in the fourth quarter of 2010. Closing and other sale related costs amounted to approximately $3,000 and included a $1,000 sales commission paid to an unaffiliated Broker Agent. In addition, the Partnership paid approximately $2,000 at the closing for past due water bills related to the former tenant of the Park Forest property. Per the terms of the Purchase Contract, the Partnership was responsible for paying the 2010 property tax for the Park Forest property which will be due in 2011 to the Cook County taxing authority. At the closing, the buyer paid approximately $2,000 to the Partnership for its one month share of the 2010 property tax.

As of December 31, 2010, the Partnership had accrued and expensed eleven months of estimated 2010 property tax totaling approximately $20,000 and held one month property tax cash escrow of approximately $2,000 from the buyer of the property. The first installment of 2010 property tax, totaling approximately $12,000 was paid in February of 2011 and the second installment of 2010 property tax, totaling approximately $10,000 was paid in October of 2011.

Formerly Owned Panda Buffet Restaurant- Grand Forks, ND Property

A sales contract was executed on September 30, 2009 for the installment sale of the Panda Buffet restaurant property (“Panda Buffet”) located in Grand Forks, ND to the owner tenant. The Partnership completed the sale of the Panda Buffet property on November 12, 2009 for $450,000. The buyer paid $150,000 at closing with the remaining balance of $300,000 being delivered in the form of a Promissory note (“Buyers Note”) to the Partnership. The Buyers Note reflects a term of three years, an interest rate of 7.25%, and principal and interest payments paid monthly. Principal is amortized over a period of ten years beginning December 1, 2009 with a balloon payment due on November 1, 2012. Pursuant to the Buyers Note, there will be no penalty for early payment of principal. The Buyers Note also requires the buyer to escrow property taxes with the Partnership beginning January of 2010 at $1,050 per month (lowered to $900 beginning February 1, 2011 and $700 beginning January 1, 2012). As of December 31, 2011, the buyer was current on its 2011 monthly property tax escrow obligations and escrow payments. The property tax escrow cash balance held by the Partnership amounted to $12,600 at December 31, 2010, and in January of 2011, $10,800 of the property tax escrow was relinquished to the Buyer upon proof of payment of the 2010 property tax to the taxing authority. The property tax escrow cash balance held by the Partnership amounted to approximately $2,000 at December 31, 2011, after the $10,800 payment of the 2011 property tax to the taxing authority by the Partnership in October of 2011, and is included in the property tax payable in the condensed balance sheets.

Per the Buyer’s Note amortization schedule, the monthly payments are to total approximately $3,522 per month. The amortized principal payments yet to be received under the Buyer’s Note amounted to $253,247 as of December 31, 2011. During the year ended December 31, 2011, twelve note payments were received by the Partnership and totaled $22,991 in principal and $19,273 in interest.

Other Property Information

Property taxes, general maintenance, insurance and ground rent on the Partnership’s Properties are the responsibility of the tenant. However, when a tenant fails to make the required tax payments or when a property becomes vacant (such as Phoenix, AZ property, formerly operated as China Buffet, or the formerly owned vacant Park Forest, IL property), the Partnership makes the appropriate property tax payments to avoid possible foreclosure of the property. In a property vacancy the Partnership pays for insurance and maintenance related to the vacant property.

Such taxes, insurance and ground rent are accrued in the period in which the liability is incurred. The Partnership owns one restaurant, which is located on a parcel of land where it has entered into a long-term ground lease, as lessee, which is set to expire in 2018. The Partnership has the option to extend the lease for two additional ten year periods. The Partnership owns all improvements constructed on the land (including the building and improvements) until the termination of the ground lease, at which time all constructed improvements will become the land owner’s property. The tenant, KFC, is responsible for the $3,400 per month ground lease payment per the terms of its lease with the Partnership.

Item 3. Legal Proceedings

None.

Item 4. Mine Safety Disclosures

Not applicable.

PART II

Item 5. Market Price and Dividends on the Registrant’s Common Equity and Related Stockholder Matters

(a)	Although some Interests have been traded, there is no active public market for the Interests, and it is not anticipated that an active public market for the Interests will develop.

(b)	As of December 31, 2011, there were 1,757 record holders of Interests in the Partnership.

(c)

The Partnership does not pay dividends. However, the Partnership Agreement provides for net income and loss of the Partnership to be allocated on a quarterly basis, 99% to the Limited Partners and 1% to the General Partner. The Partnership Agreement provides for the distribution of net cash receipts and net proceeds to the Limited Partners and General Partner on a quarterly basis, subject to the limitations on distributions to the General Partner described in the Partnership Agreement. See Note 4 to the financial statements for further information. During 2011 and 2010, $1,030,000 and $1,175,000, respectively, were distributed in the aggregate to the Limited Partners. The General Partner received aggregate distributions of $3,081 and $3,260 in 2011 and 2010, respectively.

Item 6. Selected Financial Data

Not Applicable.

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

CAUTIONARY STATEMENT

Item 7 of this Form 10-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this section and located elsewhere in this Annual Report Form 10-K regarding the prospects of our industry as well as the Partnership’s prospects, plans, financial position and business strategy may constitute forward-looking statements. These forward-looking statements are not historical facts but are the intent, belief or current expectations of Management based on its knowledge and understanding of the business and industry. Words such as “may,” “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “would,” “could,” “should” and variations of these words and similar expressions are intended to identify forward-looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we can give no assurance that these expectations will prove to have been correct. These statements are not guarantees of the future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements.

Forward-looking statements that were true at the time made may ultimately prove to be incorrect or false. The Partnership cautions readers not to place undue reliance on forward-looking statements, which reflect Management’s view only as of the date of this Form 10-K. All subsequent written and oral forward-looking statements attributable to the Partnership, or persons acting on the Partnership’s behalf, are expressly qualified in their entirety by this cautionary statement. Management undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. Factors that could cause actual results to differ materially from any forward-looking statements made in this Form 10-K include, without limitation, changes in general economic conditions, changes in real estate conditions, including without limitation, decreases in valuations of real properties, increases in property taxes and lack of buyers should the Partnership want to dispose of a property, lease-up risks, ability of tenants to fulfill their obligations to the Partnership under existing leases, sales levels of tenants whose leases include a percentage rent component, adverse changes to the restaurant market, entrance of competitors to the Partnership’s lessees in markets in which the Properties are located, inability to obtain new tenants upon the expiration of existing leases, the potential need to fund tenant improvements or other capital expenditures out of operating cash flows and our inability to realize value for Limited Partners upon disposition of the Partnership’s assets.

Critical Accounting Policies and Estimates

Management’s discussion and analysis of financial condition and results of operations are based upon our consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The preparation of these financial statements requires Management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. On a regular basis, we evaluate these estimates, including investment impairment. These estimates are based on Management’s historical industry experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results may differ from these estimates.

The Partnership believes that its most significant accounting policies deal with:

Depreciation methods and lives- Depreciation of the properties is provided on a straight-line basis over the estimated useful life of the buildings and improvements. While the Partnership believes these are the appropriate lives and methods, use of different lives and methods could result in different impacts on net income. Additionally, the value of real estate is typically based on market conditions and property performance, so depreciated book value of real estate may not reflect the market value of real estate assets.

Revenue recognition- Rental revenue from investment properties is recognized on the straight-line basis over the life of the respective lease when collectability is assured. Percentage rents are accrued only when the tenant has reached the sales breakpoint stipulated in the lease.

Impairment-The Partnership periodically reviews its long-lived assets, primarily real estate, for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The Partnership’s review involves comparing current and future operating performance of the assets, the most significant of which is undiscounted operating cash flows, to the carrying value of the assets. Based on this analysis, if deemed necessary, a provision for possible loss is recognized.

Investment Properties

As of December 31, 2011, the Partnership owned thirteen fully constructed fast-food restaurants, which includes one vacant property in Phoenix, AZ that was reclassified to properties held for sale during the third quarter of 2011 (formerly operated as a China Super Buffet restaurant (“China Buffet”)). In addition, one property is located on a parcel of land which is subject to a ground lease (see paragraph below). The twelve tenants are composed of the following: nine Wendy’s restaurants, an Applebee’s restaurant, a KFC restaurant, and a Daytona’s All Sports Café (“Daytona’s”). The thirteen properties are located in a total of six states.

There were no building improvements capitalized during 2011 or 2010.

In accordance with Financial Accounting Standards Board (“FASB”) guidance for “Accounting for the Impairment or Disposal of Long-Lived Assets”, current and historical results from operations for disposed properties and assets classified as held for sale are reclassified separately as discontinued operations. The guidance also requires the adjustment to carrying value of properties due to impairment in an attempt to reflect appropriate market values.

In late September of 2011 Management executed an Agency and Marketing Agreement (“Agreement”) with an unaffiliated Agent. The Agreement gave the Agent the exclusive right to sell the vacant Phoenix, AZ property and the Denny’s, Phoenix, AZ property through auction, sealed bid, hybrid sealed bid, on-line bid or through private negotiations. The Agreement terminated upon the later of 30 days after the Live Outcry Auction date of October 18, 2011, or a closing or settlement, if applicable. A marketing fee of approximately $7,700 was paid to the Agent in September of 2011 for the purpose of advertising, marketing and promoting the properties to the buying public.

Vacant Phoenix, AZ Property

The China Super Buffet restaurant ceased operations and vacated the Phoenix, AZ property in late June of 2011. Management regained possession of the property in July and lease obligation charges ceased as of June 30, 2011. The vacant property was reclassified to properties held for sale during the third quarter of 2011 upon the execution of the Agreement. The vacant Phoenix, AZ property did not sell at the October 18, 2011 auction; however, Management continued to market the property to potential buyers.

The carrying amount of the vacant Phoenix, AZ property was reduced by $390,117 during the fiscal year 2011, to its estimated fair value of $150,000. The net book value of the vacant, Phoenix, AZ property at December 31, 2011, classified as property held for sale in the condensed financial statements, was approximately $151,700, which included $123,369 related to land, $26,631 related to building, net of accumulated depreciation, $9,300 related to a utilities security deposit, $700 related to rents and other receivables, $1,600 related to prepaid insurance, $2,300 related to accounts payable and accrued expenses and $7,600 related to property tax payable.

The vacated use (China Buffet) was already deemed the lowest use remaining to occupy the space originally occupied by a national chain. Based on Management’s prior experience incurring significant carrying costs on vacant properties, the current strategy for distressed property is cost containment with an accelerated disposition motivation being the elimination of future carrying costs of uncertain duration and amounts. Management does recognize the exposures of continuing carrying costs of a vacant property to operations. Management does not believe it is in the best interest of the Limited Partners to hold the property and incur carrying costs, such as property tax, utilities, maintenance and repair, security, and other unknown liabilities for an uncertain and prolonged period. Management believes the greatest benefit to the overall value of the remaining portfolio would be the elimination of uncertainties surrounding a troubled asset by aggressive disposition. Management’s primary objective is to limit the earnings impairment from continued carrying costs related to the vacant property.

Formerly Owned Denny’s, Phoenix, AZ Property

The Denny’s, Phoenix, AZ property was reclassified to properties held for sale during September of 2011 due to the execution of the Marketing Agreement. The carrying amount of the property was reduced by $104,705, to its estimated fair value less estimated costs to sell of $445,000, during the fiscal year 2011. A contract to sell the Denny’s, Phoenix, AZ property was executed at the October 18, 2011 auction by an unaffiliated party and the property was then sold in November of 2011 for the high bid price of $475,000.

Wendy’s- 361 Highway 17 Bypass, Mt. Pleasant, SC Property

On November 30, 2010, the County of Charleston made a purchase offer (“Initial Offer”) of approximately $177,000 to the Partnership in connection with an eminent domain (condemnation) land acquisition of approximately 5,000 square feet of the approximately 44,000 square feet of the Wendy’s- Mt. Pleasant, SC (“Wendy’s- Mt. Pleasant”) property. In October of 2011, the Partnership received Notice (“Condemnation Notice”) that the County of Charleston filed condemnation proceedings on October 12, 2011, which in effect permits the County of Charleston to take possession of approximately 5,000 square feet of the Wendy’s- Mt. Pleasant property and to begin construction of the planned road improvements. The Partnership had until November 11, 2011, to reject the Initial Offer (“Tender of Payment”) for the purchase of the property. The Partnership rejected the Tender of Payment; however, the Initial Offer is still valid during the period the Partnership disputes the County of Charleston’s position that the $177,000 reflects just compensation for the taking of the property. Management will continue to actively work with legal counsel and Wendcharles I to facilitate a settlement with the County of Charleston and the re-engineering of the County’s plans to preserve the viability of the site for Wendy’s-Mt. Pleasant’s operational use. The net book value of the land to be purchased is $33,991 and was reclassified to a property held for sale during the fourth quarter of 2010.

Formerly Owned Park Forest, IL property

The Partnership had been unsuccessful in finding a new tenant for the vacant Park Forest property, and on December 31, 2009, the carrying value of this property had been written down to $0. The property was then sold to an unaffiliated party in December of 2010 for a gross sales price of $7,000.

Further Information

A summary of significant developments as of December 31, 2011, by property, for properties with such developments, can be found in Item 2, Properties.

Net Income

Net income for the fiscal years ended December 31, 2011, 2010 and 2009 were approximately $276,000, $815,000, and $772,000, respectively. Net income per Limited Partnership Interest for the fiscal years ended December 31, 2011, 2010 and 2009 were approximately $5.90, $17.43 and $16.52, respectively.

The variance is primarily due to the reclassification of the Panda Buffet, Grand Forks, ND property to properties held for sale in the third quarter of 2009 and its sale in the fourth quarter of 2009, the second quarter of 2011 vacancy of the former China Super Buffet, Phoenix, AZ property and its reclassification to properties held for sale during the third quarter of 2011, the 2010 and 2011 lease modifications related to the Denny’s, Phoenix, AZ property , the third quarter of 2011 reclassification of the Denny’s, Phoenix, AZ property to properties held for sale and the fourth quarter of 2011 sale of the property. The 2011 net income also includes the fiscal year 2011 property impairment write downs of $390,117 related to the vacant Phoenix, AZ property and $104,705 related to the Denny’s, Phoenix, AZ property.

Net income for the fiscal years ended December 31, 2011, 2010 and 2009 included the results from both operations and discontinued operations. Assets disposed of or deemed to be classified as held for sale require the reclassification of current and previous years’ operations to discontinued operations in accordance with GAAP applicable to “Accounting for the Impairment or Disposal of Long Lived Assets”. As such, prior year operating results for those properties considered as held for sale or properties no longer considered for sale have been reclassified to conform to the current year presentation without effecting total net income. When properties are considered held for sale, depreciation of the properties is discontinued, and the properties are valued at the lower of the depreciated cost or fair value, less costs to dispose.

Results of Operations

Income from continuing operations for the fiscal years ended December 31, 2011, 2010 and 2009 were approximately $754,000, $761,000, and $691,000, respectively. See the paragraphs below for further information as to individual operating income and expense items and explanations as to 2011, 2010 and 2009 variances.

Fiscal year ended December 31, 2011 as compared to fiscal years ended December 31, 2010 and 2009:

Operating Rental Income: Operating rental income for the fiscal years ended December 31, 2011, 2010 and 2009 were approximately $1.46 million, $1.43 million, and $1.43 million, respectively. The rental income was comprised of monthly lease obligations per the tenant leases, percentage rents obligations related to operating tenants who had reached their sales breakpoint, and included adjustments for straight-line rent. The 2011 to 2010 and 2009 variance is due to an overall increase in reported 2011 sales for tenants who had reached their sales breakpoint.

Management expects total base operating rent revenues to be approximately $1 million for the year 2012 based on operating leases currently in place. Total base operating revenue for 2012 may increase by approximately $23,000 if Applebee’s exercises its first of five options to renew its lease for an additional two years (base rent will increase by 2% percent for each year of each option). The fixed rent increases associated with Applebee’s offsets some of the loss of potential percentage rents from the tenant due to an increase in its sales breakpoint. In addition, future operating rent revenues may decrease with tenant defaults and/or the reclassification of properties as properties held for sale. They may also increase with additional rents due from tenants, if those tenants experience increased sales levels, which require the payment of additional rent to the Partnership. Operating percentage rents included in operating rental income in 2011, 2010, and 2009 were approximately $431,000, $398,000, and $399,000, respectively. Management expects the 2012 percentage rents to be comparable to 2011.

Insurance Expense: Insurance expense for the fiscal years ended December 31, 2011, 2010 and 2009 were approximately $6,000, $29,000 and $35,000, respectively. The 2011 insurance expense was comprised of general liability insurance and the 2010 and 2009 insurance expense was comprised of aggregate property insurance (back-up policies for unexpected vacancy or tenant lapses) and general liability insurance. The Partnership did not purchase additional property insurance in the fourth quarter of 2010 for the aggregate of the Properties for the 2010/2011 insurance year. Each tenant is responsible for insurance protection and beginning October 31, 2010 the Partnership only purchases property insurance for an individual property if the tenant cannot provide proof of insurance protection or due to a property vacancy. For 2012, Management expects operating insurance expense to be approximately $6,000. This amount could increase upon a property insurance default or vacancy by a tenant or an increase in the general liability insurance premium for the 2012/2013 insurance year, which is expected to be paid in the fourth quarter of 2012.

General and Administrative Expense: General and administrative expenses for the fiscal years ended December 31, 2011, 2010 and 2009 were approximately $63,000, $66,000 and $103,000, respectively. General and administrative expenses were comprised of management expense, state/city registration and annual report filing fees, office supplies and printing costs, outside storage expenses, copy/fax costs, postage and shipping expenses, long-distance telephone expenses, website fees, bank fees and state income tax expenses. The variance in general and administrative expenses is primarily due to the overpayment of 2009 and 2010 estimated state tax expenditures and the printing and mailing of the 2008 Annual Report on Form 10-K to investors in the second quarter of 2009 and the printing and mailing of the 2009 Consent Statement materials to investors in the third quarter of 2009. Lower printing and mailing expenditures were incurred in 2010 and 2011 as the 2009 and 2010 Annual Reports on Form 10-K were posted to the Partnership website for viewing and printing and hard copies were only mailed to an investor upon request. Also, the 2011 Consent Statement materials were posted to the Partnership website in the second quarter of 2011 and hard copies were only mailed upon request. Management expects the total 2012 operating general and administrative expenses to potentially be eight percent higher than the 2011 expenses, primarily due to increased postage rates, higher management and outsourced service fees and higher state and local income tax expenditures.

Professional services: Professional services expenses for the fiscal years ended December 31, 2011, 2010 and 2009 were approximately $226,000, $178,000, and $198,000, respectively. Professional services expenses were primarily comprised of investor relations data processing, investor mailings processing, website design, legal, auditing and tax preparation fees, electronic tax filings, and SEC report conversion and processing fees. The variance in professional services expenses is primarily due to the SEC mandated XBRL financial statement conversion and filing requirements for the Partnership beginning in the second quarter of 2011, the 2011 and 2009 Consents and related SEC filings, the design and implementation of the Partnership website in 2009, additional electronic state income tax filings in 2011, and the timing of annual audit installment billings. Management anticipates that the total 2012 operating professional services expenses will be approximately seven percent higher than 2011 due primarily to the additional SEC mandated XBRL financial statement footnotes conversion and filing requirements for the Partnership beginning in the second quarter of 2012.

Note Receivable Interest Income: Note receivable interest income for the fiscal years ended December 31, 2011, 2010 and 2009 were approximately $19,000, $21,000 and $1,000, respectively. The interest income was comprised of interest income associated with the Buyer’s Note from the Panda Buffet property sale in November of 2009. Management expects 2012 note receivable interest income to approximate $16,000 in 2012. See Item 2, Properties for further information.

Recovery of Amounts Previously Written-off: Recovery of amounts previously written-off for the fiscal years ended December 31, 2011, 2010 and 2009 were approximately $7,000, $12,000, and $11,000, respectively, and were comprised of unexpected small recoveries from former general partners in connection with the misappropriation of assets by the former general partners and their affiliates. Management anticipates that such revenue type may continue to be generated until Partnership dissolution; however, no significant recoveries are anticipated.

Results of Discontinued Operations

In accordance with FASB guidance for “Accounting for the Impairment or Disposal of Long Lived Assets”, discontinued operations represent the operations of properties disposed of or classified as held for sale as well as any gain or loss recognized in their disposition. During the fiscal years ended December 31, 2011, 2010 and 2009, the Partnership recognized (loss) income from discontinued operations of approximately $(478,000), $54,000 and $81,000, respectively. The 2011, 2010 and 2009 (loss) income from discontinued operations was attributable to the third quarter of 2011 reclassifications of the vacant Phoenix, AZ property and the Denny’s, Phoenix, AZ property to properties held for sale upon the execution of Agency and Marketing Agreements with an unaffiliated party in September of 2011 to sell both of the properties. The 2011 loss from discontinued operations also includes the fiscal year 2011 property impairment write downs of $390,117 related to the vacant Phoenix, AZ property and

$104,705 related to the Denny’s, Phoenix, AZ property, and the fourth quarter of 2011 loss of approximately $1,000 in relation to the sale of the Denny’s, Phoenix, AZ property. The 2010 and 2009 income from discontinued operations was attributable to the fourth Quarter of 2010 reclassification of a small strip of the Wendy’s- Mt. Pleasant land to a property held for sale due to the pending eminent domain acquisition of the land by the County of Charleston for Right of Way for planned road improvements and the third quarter of 2010 reclassification of the vacant Park Forest property to a property held for sale upon the execution of the Agency and Marketing Agreement in August. The 2010 income from discontinued operations includes the fourth quarter net gain of approximately $7,000 on the sale of the Park Forest property. The 2009 income from discontinued operations was also attributable to the third quarter of 2009 reclassification of the Panda Buffet property to a property held for sale (executed sales contract dated September 30, 2009). The 2009 income from discontinued operations includes the $50,000 fourth quarter property impairment write down of the vacant Park Forest, IL property, the fourth quarter net gain of approximately $29,000 on the sale of the Panda Buffet property, and the second quarter revenue collection of a $12,500 sales escrow deposit in relation to the termination of the Denny’s property sales contract dated February 22, 2008. See the components of discontinued operations included in the statements of income for the years ended December 31, 2011, 2010 and 2009 in Note 3 Investment Properties and Properties Held for Sale.

Management anticipates that discontinued operating expenditures in 2012 may approximate at least $3,000 per month in relation to security and patrol, property tax and insurance, maintenance, and utilities in relation to the vacant Phoenix, AZ property which is classified as property held for the sale in the balance sheets as of December 31, 2011 A summary of significant developments as of December 31, 2011, for the vacant Phoenix, AZ property can be found in Item 2, Properties.

Cash Flow Analysis

Net cash flows provided by operating activities for the fiscal years ended December 31, 2011, 2010 and 2009 were approximately $907,000, $1.01 million and $964,000, respectively. The variance in cash provided by operating activities from 2011 to 2010 and 2009 is primarily due to: (i) lower monthly operating base rental collections beginning July of 2011 due to the China Buffet vacancy beginning July 1, 2011; (ii) Denny’s 2010 lease modifications resulting in lower operating base rental collections in 2010 and 2011, but higher percentage rent collections in 2010 and 2011; (iii) lower monthly rent collections in 2011 and 2010 due to the sale of the Panda Buffet property in November of 2009; (iv) percentage rent collections higher in 2011 and 2010 than in 2009 due to variances in annual tenant sales reported; (v) the timing and the amount of annual audit fee installment billings and the timing of the payments thereof; (vi) the timing of property tax payments from property tax cash escrow related to the former Panda Buffet property; (vii) formerly owned Park Forest property tax payments; (viii) the Partnership not purchasing property insurance in 2010 or 2011 for the aggregate of the Properties; (ix) the 2009 Consent resulting in higher investor communication and professional service expenditures in 2009; (x) the 2010 and 2009 Annual Report and the 2011 Consent Statement materials being posted to the Partnership website and printed and mailed to investors in May of 2011 and 2010 only upon request, respectively; (xii) lower 2011 and 2010 estimated state and local income taxes being paid due to the overpayment of 2010 and 2009 tax liabilities, respectively.

Property impairment write-downs, depreciation and amortization are non-cash items and do not affect the current operating cash flow of the Partnership or distributions to the Limited Partners.

Cash flows from investing activities for the fiscal years ended December 31, 2011, 2010 and 2009 were approximately $469,000, $40,000, and $112,000, respectively. The 2011 amount was comprised of $444,000 in net proceeds from the sale of the Denny’s, Phoenix, AZ property, small recoveries from former general partners, the receipt of approximately $23,000 in note receivable principal payments from

the Buyer’s Note, offset by a leasing commission payment in relation to the Daytona’s, Des Moines, IA property. The 2010 amount was comprised of small recoveries from former general partners, the receipt of approximately $21,000 in note receivable principal payments from the Buyer’s Note, and approximately $7,000 in net sale proceeds from the December of 2010 sale of the vacant Park Forest property. The 2009 amount was primarily comprised of small recoveries from former general partners, the receipt of approximately $2,000 in note receivable principal payments from the Buyer’s Note, and approximately $128,000 in net sale proceeds from the November of 2009 installment sale of the Panda Buffet property. In addition, leasing commissions paid totaled approximately $21,000 and building improvement expenditures totaled $9,000 during 2009.

During 2012, principal payments to be received by the Partnership under the Buyer’s Note amortization schedule total approximately $253,000 and include a balloon payment due on November 1, 2012 of approximately $233,000 (see Note 11 to financial statements.) In addition, it is anticipated that small recoveries from former general partners may continue in the future. A leasing commission of approximately $8,000 is anticipated to be paid during 2012 in relation to the Applebee’s anticipated 2012 exercise of its first of five two year lease options.

For the fiscal year ended December 31, 2011, cash flows used in financing activities were approximately $1.033 million and consisted of aggregate Limited Partner distributions of $1.03 million (included $23,000 in Buyer’s Note principal payments received), and General Partner distributions of $3,081. For the fiscal year ended December 31, 2010, cash flows used in financing activities were approximately $1.18 million and consisted of aggregate Limited Partner distributions of $1.18 million (included net sale cash proceeds of approximately $128,000 from the installment sale of the Panda Buffet property in November of 2009 and $19,000 in Buyer’s Note principal payments received), and General Partner distributions of $3,260. For the fiscal year ended December 31, 2009, cash flows used in financing activities was approximately $2.05 million and consisted of aggregate Limited Partner distributions of $2.05 million (included net sale cash proceeds of approximately $1 million from the sale of the Blockbuster property in December of 2008), and General Partner distributions of $3,290. Both Limited Partner and General Partner distributions have been and will continue to be made in accordance with the Partnership Agreement. Management anticipates that aggregate Limited Partner distributions could be approximately $1.27 million during 2012, which includes the $444,000 in net sale proceeds from the sale of the Denny’s, Phoenix, AZ property during the fourth quarter of 2011.

Liquidity and Capital Resources

The Partnership’s cash balance was approximately $771,000 at December 31, 2011. Cash of $640,000, which includes the approximately $444,000 in net sale proceeds from the November of 2011 sale of the Denny’s, Phoenix, AZ property and approximately $11,000 in Buyer’s Note principal and interest payments received, will be used to fund the fourth quarter of 2011 aggregate distribution to Limited Partners in February of 2012, and cash of approximately $31,000 is anticipated to be used for the payment of quarter-end accrued liabilities, net of property tax cash escrow, which are included in the balance sheets. The remainder represents amounts deemed necessary to allow the Partnership to operate normally.

The Partnership’s principal demands for funds are expected to be for the payment of operating expenses and distributions. Management anticipates that cash generated through the operations of the Partnership’s Properties and sales of Properties will primarily provide the sources for future fund liquidity and Limited Partner distributions. During the process of leasing the Properties, the Partnership may experience competition from owners and managers of other properties. As a result, in connection with negotiating tenant leases, along with recognizing market conditions, Management may offer rental concessions, or other inducements, which may have an adverse impact on the results of the Partnership’s operations. The Partnership is also in competition with sellers of similar properties to locate suitable purchasers for its

Properties. The two primary liquidity risks in the absence of mortgage debt are the Partnership’s inability to collect rent receivables and near or chronic property vacancies. The amount of cash to be distributed to our Limited Partners is determined by the General Partner and is dependent on a number of factors, including funds available for payment of distributions, capital expenditures, and taxable income recognition matching, which is primarily attributable to percentage rents and property sales.

As of December 31, 2011 and 2010, the current twelve operating Properties were leased 100 percent. In addition, the Partnership collected 100% of its base rent from current operating tenants for the fiscal years ended December 31, 2011 and 2010, which we believe is a good indication of overall tenant quality and stability. Twelve of the Partnership’s thirteen Properties are currently leased and only the Applebee’s lease is due to expire within 2012. The vacant Phoenix, AZ property (China Buffet ceased operations and vacated the Phoenix, AZ property in late June of 2011) and rent charges ceased as of June 30, 2011. The property was reclassified to properties held for sale during the third quarter of 2011. See Item 2, Investment Properties for further information regarding properties with significant developments.

Nine of the Partnership’s thirteen properties operate as Wendy’s fast food restaurants and are franchises of the international Wendy’s Company. Operating base rents from the nine Wendy’s leases comprised approximately 75% of the total 2011 operating base rents included in operating rental income. As of December 31, 2011, additional 2011 percentage rents totaled approximately $419,000, of which $417,000 were unbilled and were accrued in relation to the Wendy’s properties. Therefore, during 2011, the Partnership generated approximately 81% of its total operating revenues from the nine properties. During 2010, additional percentage rents were generated from these Wendy’s properties and approximately $382,000 was accrued as of December 31, 2010. The 2010 percentage rents were both billed and fully collected as of December 31, 2011. Additionally, as of December 31, 2011, the nine Properties exceeded 69% of the Partnership’s total properties, both by asset value and number. Eight of the nine Wendy’s leases are set to expire in November of 2021, with the remaining one lease set to expire in November of 2016.

Since more than 69% of the Partnership’s Properties, both by historical asset value and number, are leased to Wendy’s franchises, the financial status of the three tenant’s may be considered relevant to investors. At the request of the Partnership, Wendgusta, Wendcharles I and Wendcharles II provided it with a copy of their reviewed financial statements for the fiscal years ended December 25, 2011 and December 26, 2010. Those reviewed financial statements prepared by Wendgusta’s, Wendcharles I’s and Wendcharles II’s accountants are attached as Exhibit 99.0, 99.1 and 99.2, respectively, to the Partnership’s December 31, 2011 Annual Report on Form 10-K. The Partnership has no rights to audit or review Wendgusta’s or Wendcharles I’s or Wendcharles II’s financial statements and the Partnership’s independent registered public accounting firm has not audited or reviewed the financial statements received from Wendgusta, Wendcharles I or Wencharles II.

The Partnership’s return on its investment will be derived principally from rental payments received from its lessees. Therefore, the Partnership’s return on its investment is largely dependent upon the business success of its lessees. The business success of the Partnership’s individual lessees can be adversely affected on three general levels. First, the tenants rely heavily on the management contributions of a few key entrepreneurial owners. The business operations of such entrepreneurial tenants can be adversely affected by death, disability or divorce of a key owner, or by such owner’s poor business decisions such as an undercapitalized business expansion. Second, changes in a local market area can adversely affect a lessee’s business operation. A local economy can suffer a downturn with high unemployment. Socioeconomic neighborhood changes can affect retail demand at specific sites and traffic patterns may change, or stronger competitors may enter a market. These and other local market factors can potentially adversely affect the lessees of the Partnership Properties. Finally, despite an individual lessee’s solid business plans in a strong local market, the franchise concept itself can suffer reversals or changes in management policy, which in turn can affect the profitability of operations. An overall economic recession is another factor that could affect the relative success of a lessee’s business. Therefore, there can be no assurance that any specific lessee will have the ability to pay its rent over the entire term of its lease with the Partnership.

Since the Partnership’s Properties involve restaurant tenants, the restaurant market is the major market segment with a material impact on Partnership operations. The success of customer marketing and the operating effectiveness of the Partnership’s lessee’s, will impact the Partnership’s future operating success in a very competitive restaurant and food service marketplace.

There is no way to determine, with any certainty, which, if any, tenants will succeed or fail in their business operations over the term of their respective leases with the Partnership. The nationwide economic downturn may affect a lessee’s operational activity and its ability to meet lease obligations. Based on past experience, it can be reasonably anticipated that some lessees will default on future lease payments to the Partnership, which will result in the loss of expected lease income for the Partnership. Management will use its best efforts to vigorously pursue collection of any defaulted amounts and to protect the Partnership’s assets and future rental income potential by trying to re-lease any properties with rental defaults. External events, which could impact the Partnership’s liquidity, are the entrance of other competitors into the market areas of our tenants; the relocation of the market area itself to another traffic area; liquidity and working capital needs of the lessees; and failure or withdrawal of any of the national franchises held by the Partnership’s tenants. Each of these events, alone or in combination, would affect the liquidity level of the lessees resulting in possible default by a tenant. Since the information regarding plans for future liquidity and expansion of closely held organizations, which are tenants of the Partnership, tend to be of a private and proprietary nature, anticipation of individual liquidity problems is difficult.

The continuing nationwide economic downturn has created a difficult credit environment. Fortunately, the Partnership has limited exposure to the credit markets, as the Partnership has no mortgage debt. Management monitors the depository institutions that hold the Partnership’s cash on a regular basis and believes that funds have been deposited with creditworthy financial institutions. In addition, the Partnership has no outstanding mortgage debt. However, the continued economic downturn and lack of available credit could delay or inhibit Management’s ability to dispose of the Partnership’s Properties, or cause Management to have to dispose of the Partnership’s Properties for a lower than anticipated return. As a result, Management continues to maintain an objective to preserve capital and sustain property values while selectively disposing of the Properties as appropriate.

Off-Balance Sheet Arrangements

The Partnership does not have any off-balance sheet arrangements that are reasonably likely to have a current or future material effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

Disposition Policies

Management intends to hold the Partnership Properties until such time as sale or other disposition appears to be advantageous to achieve the Partnership’s investment objectives or until it appears that such objectives will either currently not be met or not be met in the future. In deciding whether to sell properties, Management considers factors such as potential capital appreciation or depreciation, cash flow and federal income tax considerations, including possible adverse federal income tax consequences to the Limited Partners. The General Partner may exercise its discretion as to whether and when to sell a property, and there is no obligation to sell properties at any particular time, except upon Partnership termination on November 30, 2020 or if Limited Partners holding a majority of the units vote to liquidate and dissolve the Partnership in response to a formal consent solicitation to liquidate the Partnership.

Inflation

To the extent that tenants can pass through commodity inflation in their sales prices, the Partnership will benefit from additional percentage rent from increased sales. The majority of the Partnership’s leases have percentage rental clauses. Revenues from operating percentage rentals represented 30% of operating rental income for the fiscal year ended December 31, 2011, 29% of operating rental income for the fiscal year ended December 31, 2010, and 26% for the fiscal year ended December 31, 2009. If, however, inflation causes operating margins to deteriorate for lessees, or if expenses grow faster than revenues, then, inflation may well negatively impact the portfolio through tenant defaults.

Due to the “triple-net” nature of the property leases, asset values generally move inversely with interest rates.

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

The Partnership is not subject to market risk as defined by Item 305 of Regulation S-K.

Item 8. Financial Statements and Supplementary Data

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

(A Wisconsin limited partnership)

INDEX TO FINANCIAL STATEMENTS AND SCHEDULE


	Page

Report of Independent Registered Public Accounting Firm		26

Balance Sheets, December 31, 2011 and 2010		27-28

Statements of Income for the Years Ended December 31, 2011, 2010 and 2009		29

Statements of Partners’ Capital for the Years Ended December 31, 2011, 2010 and 2009		30

Statements of Cash Flows for the Years Ended December 31, 2011, 2010 and 2009		31

Notes to Financial Statements		32-46

Schedule III—Investment Properties and Accumulated Depreciation, December 31, 2011		55-56

Report of Independent Registered Public Accounting Firm

To the Partners

DiVall Insured Income Properties 2 Limited Partnership

We have audited the accompanying balance sheets of DiVall Insured Income Properties 2 Limited Partnership (a Wisconsin limited partnership) as of December 31, 2011 and 2010 and the related statements of income, partners’ capital, and cash flows for each of the three years in the period ended December 31, 2011. Our audits also included the 2011 financial statement schedules listed in the Index at Item 15(a) (2). These financial statements and financial statement schedules are the responsibility of the Partnership’s management. Our responsibility is to express an opinion on these financial statements and schedules based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Partnership is not required to have, nor were we engaged to perform an audit of its internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Partnership’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of DiVall Insured Income Properties 2 Limited Partnership as of December 31, 2011 and 2010, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2011, in conformity with U.S. generally accepted accounting principles. Also, in our opinion, the related financial statement schedules, when considered in relation to the basic financial statements taken as a whole, present fairly, in all material respects, the information set forth therein.

/S/ McGladrey & Pullen, LLP

Chicago, Illinois

April 16, 2012

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

BALANCE SHEETS

December 31, 2011 and 2010

ASSETS


	December 31, 2011			December 31, 2010
INVESTMENT PROPERTIES: (Note 3)
Land	$	2,956,118		$	3,853,775
Buildings		5,028,699			5,879,051
Accumulated depreciation		(3,684,775	)		(4,178,495	)

Net investment properties	$	4,300,042		$	5,554,331

OTHER ASSETS:
Cash	$	771,250		$	427,973
Cash held in Indemnification Trust (Note 9)		451,961			451,387
Property tax cash escrow		28,130			40,417
Rents and other receivables		430,048			403,913
Property held for sale (Note 3)		185,664			33,991
Deferred rent receivable		1,767			12,217
Prepaid insurance		4,910			5,469
Deferred charges, net		221,789			255,844
Note receivable (Note 11)		253,247			276,238

Total other assets	$	2,348,766		$	1,907,449

Total assets	$	6,648,808		$	7,461,780

The accompanying notes are an integral part of these financial statements.

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

BALANCE SHEETS

December 31, 2011 and 2010

LIABILITIES AND PARTNERS’ CAPITAL


	December 31, 2011			December 31, 2010
CURRENT LIABILITIES:
Accounts payable and accrued expenses	$	14,586		$	20,098
Property tax payable		28,134			60,088
Due to General Partner (Note 6)		1,757			1,825
Security deposits		70,440			88,440
Unearned rental income		5,000			5,000

Total current liabilities	$	119,917		$	175,451

CONTINGENCIES AND COMMITMENTS (Notes 8 and 9)

PARTNERS’ CAPITAL: (Notes 1, 4 and 10)
General Partner -
Cumulative net income	$	315,120		$	312,364
Cumulative cash distributions		(131,952	)		(128,871	)

	$	183,168		$	183,493

Limited Partners (46,280.3 interests outstanding at December 31, 2011 and 2010)
Capital contributions, net of offering costs	$	39,358,468		$	39,358,468
Cumulative net income		37,562,752			37,289,865
Cumulative cash distributions		(69,735,268	)		(68,705,268	)
Reallocation of former general partners’ deficit capital		(840,229	)		(840,229	)

	$	6,345,723		$	7,102,836

Total partners’ capital	$	6,528,891		$	7,286,329

Total liabilities and partners’ capital	$	6,648,808		$	7,461,780

The accompanying notes are an integral part of these financial statements.

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

STATEMENTS OF INCOME

For the Years Ended December 31, 2011, 2010, and 2009


	2011			2010		2009
OPERATING REVENUES:
Rental income (Note 5)	$	1,456,112		$	1,425,617	$	1,427,925

TOTAL OPERATING REVENUES	$	1,456,112			1,425,617		1,427,925

EXPENSES:
Partnership management fees (Note 6)		244,943			241,579		240,841
Restoration fees (Note 6)		299			497		459
Insurance		5,892			29,105		34,541
General and administrative		63,355			65,594		102,635
Advisory Board fees and expenses		10,500			10,500		10,000
Professional services		226,482			177,514		197,732
Personal property taxes		820			820		820
Depreciation		150,106			150,106		149,894
Amortization		29,021			29,242		19,385

TOTAL OPERATING EXPENSES		731,418			704,957		756,307

OTHER INCOME
Other interest income		2,462			2,638		3,498
Note receivable interest income (Note 11)		19,273			20,876		1,148
Other income		240			3,904		3,408
Recovery of amounts previously written off (Note 2)		7,464			12,429		11,476

TOTAL OTHER INCOME		29,439			39,847		19,530

INCOME FROM CONTINUING OPERATIONS		754,133			760,507		691,148
(LOSS) INCOME FROM DISCONTINUED OPERATIONS (Note 3)		(478,490	)		54,496		80,926

NET INCOME	$	275,643		$	815,003	$	772,074

NET INCOME- GENERAL PARTNER	$	2,756		$	8,150	$	7,721
NET INCOME- LIMITED PARTNERS		272,887			806,853		764,353

	$	275,643		$	815,003	$	772,074

PER LIMITED PARTNERSHIP INTEREST, Based on 46,280.3 interests outstanding:
INCOME FROM CONTINUING OPERATIONS	$	16.13		$	16.27	$	14.79
(LOSS) INCOME FROM DISCONTINUED OPERATIONS		(10.23	)		1.16		1.73

NET INCOME PER LIMITED PARTNERSHIP INTEREST	$	5.90		$	17.43	$	16.52

The accompanying notes are an integral part of these financial statements.

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

STATEMENTS OF PARTNERS’ CAPITAL

For the years ended December 31, 2011, 2010 and 2009


	General Partner								Limited Partners
	Cumulative Net Income		Cumulative Cash Distributions			Total			Capital Contributions, Net of Offering Costs		Cumulative Net Income		Cumulative Cash Distribution			Reallocation			Total			Total Partners’ Capital
BALANCE AT DECEMBER 31, 2008	$	296,493	$	(122,321	)	$	174,172		$	39,358,468	$	35,718,659	$	(65,480,268	)	$	(840,229	)	$	8,756,630		$	8,930,802
Cash Distributions ($44.30 per limited partnership interest)				(3,290	)		(3,290	)						(2,050,000	)					(2,050,000	)		(2,053,290	)
Net Income		7,721					7,721					764,353								764,353			772,074

BALANCE AT DECEMBER 31, 2009		304,214		(125,611	)		178,603			39,358,468		36,483,012		(67,530,268	)		(840,229	)		7,470,983			7,649,586
Cash Distributions ($25.39 per limited partnership interest)				(3,260	)		(3,260	)						(1,175,000	)					(1,175,000	)		(1,178,260	)
Net Income		8,150					8,150					806,853								806,853			815,003

BALANCE AT DECEMBER 31, 2010		312,364		(128,871	)		183,493			39,358,468		37,289,865		(68,705,268	)		(840,229	)		7,102,836			7,286,329
Cash Distributions ($22.26 per limited partnership interest)				(3,081	)		(3,081	)						(1,030,000	)					(1,030,000	)		(1,033,081	)
Net Income		2,756					2,756					272,887								272,887			275,643

BALANCE AT DECEMBER 31, 2011	$	315,120	$	(131,952	)	$	183,168		$	39,358,468	$	37,562,752	$	69,735,268		$	(840,229	)	$	6,345,723		$	,6,528,891

The accompanying notes are an integral part of these financial statements.

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

STATEMENTS OF CASH FLOWS

For the Years Ended December 31, 2011, 2010, and 2009


	2011			2010			2009
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	275,643		$	815,003		$	772,074
Adjustments to reconcile net income to net cash from operating activities -
Depreciation and amortization		203,868			209,284			213,851
Recovery of amounts previously written off		(7,464	)		(12,429	)		(11,476	)
Provision for non-collectible rents and other receivables		0			0			2,013
Property impairment write-downs		494,822			0			50,000
Net loss (gain) on disposal of assets		1,227			(6,562	)		(28,604	)
Interest applied to Indemnification Trust account		(574	)		(740	)		(1,023	)
(Increase) Decrease in rents and other receivables		(36,081	)		(9,003	)		27,100
Decrease (Increase) in property tax cash escrow		12,287			(14,888	)		(6,509	)
(Increase) Decrease in prepaid insurance		(1,034	)		22,543			927
Decrease in deferred rent receivable		10,450			5,760			10,162
Decrease in property tax receivable		0			0			2,422
(Decrease) Increase in accounts payable and accrued expenses		(3,217	)		6,952			(48,415	)
Decrease in property tax payable		(24,383	)		(1,445	)		(15,658	)
(Decrease) Increase in due to General Partner		(68	)		6			(2,646	)
Decrease in security deposits		(18,000	)		0			(5,000	)
Increase in unearned rental income		0			0			5,000

Net cash from operating activities		907,476			1,014,481			964,218

CASH FLOWS FROM INVESTING ACTIVITIES:
Net proceeds from sale of investment properties		443,773			6,562			127,720
Note receivable, principal payment received		22,991			21,388			2,374
Investment in building improvements		0			0			(9,000	)
Payment of leasing commissions		(5,346	)		0			(21,060	)
Recoveries from former General Partner affiliates		7,464			12,429			11,476

Net cash from investing activities		468,882			40,379			111,510

CASH FLOWS USED IN FINANCING ACTIVITIES:
Cash distributions to Limited Partners		(1,030,000	)		(1,175,000	)		(2,050,000	)
Cash distributions to General Partner		(3,081	)		(3,260	)		(3,290	)

Net cash used in financing activities		(1,033,081	)		(1,178,260	)		(2,053,290	)

NET INCREASE (DECREASE) IN CASH		343,277			(123,400	)		(977,562	)
CASH AT BEGINNING OF YEAR		427,973			551,373			1,528,935

CASH AT END OF YEAR	$	771,250		$	427,973		$	551,373

Supplemental Schedule of Noncash Investing Activity
Sale of investment property for note receivable	$	0		$	0		$	300,000

The accompanying notes are an integral part of these financial statements.

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

NOTES TO FINANCIAL STATEMENTS

DECEMBER 31, 2011, 2010 AND 2009

1. ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES:

DiVall Insured Income Properties 2 Limited Partnership (the “Partnership”) was formed on November 20, 1987, pursuant to the Uniform Limited Partnership Act of the State of Wisconsin. The initial capital, contributed during 1987, consisted of $300, representing aggregate capital contributions of $200 by the former general partners and $100 by the Initial Limited Partner. The minimum offering requirements were met and escrowed subscription funds were released to the Partnership as of April 7, 1988. On January 23, 1989, the former general partners exercised their option to increase the offering from 25,000 interests to 50,000 interests and to extend the offering period to a date no later than August 22, 1989. On June 30, 1989, the general partners exercised their option to extend the offering period to a date no later than February 22, 1990. The offering closed on February 22, 1990, at which point 46,280.3 interests had been sold, resulting in total offering proceeds, net of underwriting compensation and other offering costs, of $39,358,468.

The Partnership is currently engaged in the business of owning and operating its investment portfolio of commercial real estate properties (the “Properties”). The Properties are leased (with the exception of the vacant Phoenix, AZ property- See Note 3 to the financial statements) on a triple net basis primarily to, and operated by, franchisors or franchisees of national, regional, and local retail chains under primarily long-term leases. The lessees are fast food, family style, and casual/theme restaurants. As of December 31, 2011, the Partnership owned thirteen Properties, which are located in a total of six states.

The Partnership will be dissolved on November 30, 2020 (extended ten years per the results of the 2009 Consent, as defined below), or earlier upon the prior occurrence of any of the following events: (a) the disposition of all properties of the Partnership; (b) the written determination by The Provo Group, Inc., the general partner of the Partnership (the “General Partner”, or “TPG”, or “Management”), that the Partnership’s assets may constitute “plan assets” for purposes of ERISA; (c) the agreement of Limited Partners owning a majority of the outstanding interests to dissolve the Partnership; or (d) the dissolution, bankruptcy, death, withdrawal, or incapacity of the last remaining General Partner, unless an additional General Partner is elected previously by a majority of the Limited Partners. During the second quarters of 2001, 2003, 2005 and 2007, Consent solicitations were circulated (the “2001, 2003, 2005 and 2007 Consents, respectively”), which if approved would have authorized the sale of all of the Partnership’s Properties and the dissolution of the Partnership. A majority of the Limited Partners did not vote in favor of any of the Consents. Therefore, the Partnership had continued to operate as a going concern. On July 31, 2009, the Partnership mailed a Consent solicitation (the “2009 Consent”) to Limited Partners to determine whether the Limited Partners wished to extend the term of the Partnership for ten years to November 30, 2020 (the “Extension Proposition”), or wished the Partnership to sell its assets, liquidate, and dissolve by November 30, 2010. A majority of the Partnership Interests voted “FOR” the Extension Proposition and therefore, the Partnership continued to operate as a going concern. During the second quarter of 2011, Consent solicitations were circulated (“2011 Consent”), which if approved would have authorized the sale of all of the Partnership’s Properties and the dissolution of the Partnership. A majority of the Limited Partners did not vote in favor of the 2011 Consent, and the General Partner declared the 2011 Consent solicitation process concluded on June 30, 2011. Therefore, the Partnership continues to operate as a going concern.

Significant Accounting Policies

Rental revenue from the Properties is recognized on the straight-line basis over the term of the respective lease. Percentage rents are only accrued when the tenant has reached the sales breakpoint stipulated in the lease.

Rents and other receivables are comprised of billed but uncollected amounts due for monthly rents and other charges, and amounts due for scheduled rent increases for which rentals have been earned and will be collected in the future under the terms of the leases. Receivables are recorded at Management’s estimate of the amounts that will be collected.

As of December 31, 2011 and 2010 there were no recorded values for allowance for doubtful accounts based on an analysis of specific accounts and historical experience.

The Partnership considers its operations to be in only one segment, the operation of a portfolio of commercial real estate leased on a triple net basis, and therefore no segment disclosure is made.

Depreciation of the Properties is provided on a straight-line basis over the estimated useful lives of the buildings and improvements.

Deferred charges represent leasing commissions paid when the Properties are leased and upon the negotiated extension of a lease. Leasing commissions are capitalized and amortized over the term of the lease. As of December 31, 2011 and 2010, accumulated amortization amounted to $72,428 and $90,327, respectively. Fully amortized deferred charges of $57,300, including related accumulated amortization, were removed from the condensed balance sheets as of September 30, 2011.

Property taxes, general maintenance, insurance and ground rent on the Partnership’s Properties are the responsibility of the tenant. However, when a tenant fails to make the required tax payments or when a property becomes vacant (such as the vacant Phoenix, AZ property which formerly operated as China Super Buffet restaurant (“China Buffet”) or the formerly owned vacant Park Forest, IL (“Park Forest”) property) the Partnership makes the appropriate property tax payments to avoid possible foreclosure of the property. In a property vacancy the Partnership pays for the insurance, maintenance and any utilities related to the vacant property.

Such taxes, insurance and ground rent are accrued in the period in which the liability is incurred. The Partnership owns one restaurant, which is located on a parcel of land where it has entered into a long-term ground lease, as lessee, which is set to expire in 2018. The Partnership has the option to extend the lease for two additional ten year periods. The Partnership owns all improvements constructed on the land (including the building and improvements) until the termination of the ground lease, at which time all constructed improvements will become the land owner’s property. The tenant, a Kentucky Fried Chicken restaurant franchisee (“KFC”), is responsible for the $3,400 per month ground lease payment per the terms of its lease with the Partnership.

The Partnership generally maintains cash in federally insured accounts in a bank that is participating in the FDIC’s Transaction Account Guarantee Program (“TAGP”). Under TAGP, through December 31, 2010, all non-interest bearing transaction accounts were fully guaranteed by the FDIC for the entire amount in the account. Pursuant to Section 343 of the Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), all funds in a non-interest bearing transaction account are insured in full by the FDIC from December 31, 2010 through December 31, 2012. This temporary unlimited coverage is in addition to and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules. Cash maintained in these accounts may exceed federally insured limits after the expiration of the period established by the Dodd- Frank Act. The Partnership has not experienced any losses in such accounts and does not believe it is exposed to any significant credit risk.

Financial instruments that potentially subject the Partnership to significant concentrations of credit risk consist primarily of cash investments and leases. Additionally, as of December 31, 2011, nine of the Partnership’s thirteen Properties are leased to three significant tenants, Wendgusta, LLC (“Wendgusta”), Wendcharles I, LLC (“Wendcharles I”) and Wendcharles II, LLC (“Wendcharles II”), all three of whom are Wendy’s restaurant franchisees. The property lease(s) for the three tenants comprised approximately 53%, 21% and 1%, respectively, of the total 2011 operating base rents reflected for the fiscal year ended December 31, 2011.

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities (and disclosure of contingent assets and liabilities) at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Assets disposed of or deemed to be classified as held for sale require the reclassification of current and previous years’ operations to discontinued operations in accordance with GAAP applicable to “Accounting for the Impairment or Disposal of Long Lived Assets”. As such, prior year operating results for those properties considered as held for sale or properties no longer considered for sale have been reclassified to conform to the current year presentation without affecting total income. When properties are considered held for sale, depreciation of the properties is discontinued, and the properties are valued at the lower of the depreciated cost or fair value, less costs to dispose. If circumstances arise that were previously considered unlikely, and, as a result, the property previously classified as held for sale is no longer to be sold, the property is reclassified as held and used. Such property is measured at the lower of its carrying amount (adjusted for any depreciation and amortization expense that would have been recognized had the property been continuously classified as held and used) or fair value at the date of the subsequent decision not to sell.

Assets are classified as held for sale, generally, when all criteria within GAAP applicable to “Accounting for the Impairment or Disposal of Long Lived Assets” have been met.

The Partnership periodically reviews its long-lived assets, primarily real estate, for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The Partnership’s review involves comparing current and future operating performance of the assets, the most significant of which is undiscounted operating cash flows, to the carrying value of the assets. Based on this analysis, a provision for possible loss is recognized, if any. The carrying amount of the formerly owned Denny’s Phoenix, AZ property (property was sold on November 23, 2011) was reduced by $104,705 to its estimated fair value less estimated costs to sell of $445,000 during the third quarter of 2011. The carrying amount of the vacant Phoenix, AZ property was reduced by $390,117 during the fiscal year 2011, to its estimated fair value of $150,000. There were no adjustments to carrying values for the fiscal year ended December 31, 2010. For the fiscal year ended December 31, 2009, a $50,000 adjustment to the land carrying value related to the Park Forest property was recorded.

The Financial Accounting Standards Board (“FASB”) guidance on “Fair Value Measurements and Disclosure”, defines fair value, establishes a framework for measuring fair value and enhances disclosures about fair value measures required under other accounting pronouncements, but does not change existing guidance as to whether or not an instrument is carried at fair value. The adoption of the provisions of this FASB issuance, with respect to nonrecurring fair value measurements of nonfinancial assets and liabilities, including (but not limited to) the valuation of reporting units for the purpose of assessing goodwill impairment and the valuation of property and equipment when assessing long-lived asset impairment, did not have a material impact on how the Partnership estimated its fair value measurements but did result in increased disclosures about fair value measurements in the Partnership’s financial statements as of and for the years ended December 31, 2011 and 2010. See Note 12 for further disclosure.

GAAP applicable to Disclosure About Fair Value of Financial Instruments, requires entities to disclose the fair value of all financial assets and liabilities for which it is practicable to estimate. Fair value is defined as the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. The General Partner believes that the carrying value of the Partnership’s assets (exclusive of the Properties) and liabilities approximate fair value due to the relatively short maturity of these instruments.

No provision for federal income taxes has been made, as any liability for such taxes would be that of the individual partners rather than the Partnership. At December 31, 2011 the tax basis of the Partnership’s assets exceeded the amounts reported in the December 31, 2011 financial statements by approximately $7,184,618.

The following represents an unaudited reconciliation of net income as stated on the Partnership statements of income to net income for tax reporting purposes:


	2011 (Unaudited)			2010 (Unaudited)			2009 (Unaudited)
Net income, per statements of income		275,643		$	815,003		$	772,074
Book to tax depreciation difference		(26,249	)		(31,622	)		(34,855	)
Tax over (under) Book gain from asset disposition		(120,194	)		(293,243	)		(2,840	)
Straight line rent adjustment Penalties		10,450 9			5,760 0			26,038 0
Prepaid rent		0			0			5,000
Impairment write-down of assets held		494,822			0			50,000

Net income for tax reporting purposes	$	634,481		$	495,898		$	815,417

The Partnership is not subject to federal income tax because its income and losses are includable in the tax returns of its partners, but may be subject to certain state taxes. FASB has provided guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken in the course of preparing the entity’s tax returns to determine whether the tax positions are more-likely-than-not to be sustained when challenged or when examined by the applicable taxing authority. Management has determined that there were no material uncertain income tax positions. Tax returns filed by the Partnership generally are subject to examination by U.S. and state taxing authorities for the years ended after December 31, 2007.

In May 2011, the FASB issued ASU No. 2011-04, Fair Value Measurement Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in GAAP and IFRSs (:ASU No. 2011-04”). ASU No. 2011-04 updates and further clarifies requirements in U.S. GAAP for measuring fair value and for disclosing information about fair value measurements. Additionally, ASU No. 2011-04 clarifies the FASB’s intent about the application of existing fair value measurements. ASU No. 2011-04 is effective for interim and annual periods beginning after December 15, 2011 and is applied prospectively. The Partnership does not expect that the adoption of ASU No. 2011-04 will have a material impact to its financial statements.

2. REGULATORY INVESTIGATION:

A preliminary investigation during 1992 by the Office of Commissioner of Securities for the State of Wisconsin and the Securities and Exchange Commission (the “Investigation”) revealed that during at least the four years ended December 31, 1992, the former general partners of the Partnership, Gary J. DiVall

(“DiVall”) and Paul E. Magnuson (“Magnuson”), had transferred substantial cash assets of the Partnership and two affiliated publicly registered limited partnerships, DiVall Insured Income Fund Limited Partnership (“DiVall 1”), which was dissolved December of 1998, and DiVall Income Properties 3 Limited Partnership (“DiVall 3”), which was dissolved December of 2003, (collectively, the “three original partnerships”) to various other entities previously sponsored by or otherwise affiliated with Gary J. DiVall and Paul E. Magnuson. The unauthorized transfers were in violation of the respective Partnership Agreements and resulted, in part, from material weaknesses in the internal control system of the Partnerships.

Subsequent to discovery, and in response to the regulatory inquiries, TPG was appointed Permanent Manager (effective February 8, 1993) to assume responsibility for daily operations and assets of the Partnerships as well as to develop and execute a plan of restoration for the three original partnerships. Effective May 26, 1993, the Limited Partners, by written consent of a majority of interests, elected TPG as General Partner. TPG terminated the former general partners by accepting their tendered resignations.

In 1993, the General Partner estimated an aggregate recovery of $3 million for the three original partnerships. At that time, an allowance was established against amounts due from former general partners and their affiliates reflecting the estimated $3 million receivable. This net receivable was allocated among the three original partnerships based on their pro rata share of the total misappropriation, and restoration costs and recoveries have been allocated based on the same percentage. Through December 31, 2011, approximately $5,918,000 of recoveries have been received which exceeded the original estimate of $3 million. As a result, from January 1, 1996 through December 31, 2011, the Partnership has recognized a total of approximately $1,228,000 as recovery of amounts previously written off in the statements of income, which represents its share of the excess recovery. The General Partner continues to pursue recoveries of the misappropriated funds; however, no further significant recoveries are anticipated.

3. INVESTMENT PROPERTIES and PROPERTY HELD FOR SALE:

The total cost of the Properties includes the original purchase price plus acquisition fees and other capitalized costs paid to an affiliate of the former general partners.

As of December 31, 2011, the Partnership owned thirteen fully constructed fast-food restaurants, which includes one vacant property in Phoenix, AZ that was reclassified to properties held for sale during the third quarter of 2011 (formerly operated as China Buffet). The twelve tenants are composed of the following: nine Wendy’s restaurants, an Applebee’s restaurant, a KFC restaurant, and a Daytona’s All Sports Café (“Daytona’s”). The thirteen properties are located in a total of six states.

In late September of 2011 Management executed an Agency and Marketing Agreement (“Marketing Agreement”) with an unaffiliated Agent. The Marketing Agreement gave the Agent the exclusive right to sell the vacant Phoenix, AZ property and the Denny’s, Phoenix, AZ property through auction, sealed bid, hybrid sealed bid, on-line bid or through private negotiations. The Marketing Agreement terminated upon the later of 30 days after the Live Outcry Auction date of October 18, 2011, or a closing or settlement, if applicable. A marketing fee of approximately $7,700 was paid to the Agent in September of 2011 for the purpose of advertising, marketing and promoting the properties to the buying public.

Formerly Owned Denny’s, Phoenix, AZ Property

The Denny’s, Phoenix, AZ property was reclassified to properties held for sale during September of 2011 due to the execution of the Marketing Agreement. The carrying amount of the property was reduced by $104,705, to its estimated fair value less estimated costs to sell of $445,000, during the third quarter of 2011. A contract to sell the Denny’s, Phoenix, AZ property was executed at the October 18, 2011 auction by an unaffiliated party and the property was then sold in November of 2011 for the high bid price of $475,000.

Vacant Phoenix, AZ Property

The China Super Buffet restaurant ceased operations and vacated the Phoenix, AZ property in late June of 2011. Management regained possession of the property in July and lease obligation charges ceased as of June 30, 2011. The property was reclassified to properties held for sale during the third quarter of 2011 upon the execution of the Marketing Agreement. The vacant, Phoenix, AZ property did not sell at the October 18, 2011 auction; however, Management continued to market the property to potential buyers.

The carrying amount of the vacant Phoenix, AZ property was reduced by $390,117 during the fiscal year 2011, to its estimated fair value of $150,000. The net book value of the vacant, Phoenix, AZ property at December 31, 2011, classified as property held for sale in the condensed financial statements, was approximately $151,700, which included $123,369 related to land, $26,631 related to building, net of accumulated depreciation, $9,300 related to a security deposit, $700 related to rents and other receivables, $1,600 related to prepaid insurance, $2,300 related to accounts payable and accrued expenses and $7,600 related to property tax payable.

Wendy’s- 361 Highway 17 Bypass, Mt. Pleasant, SC Property

On November 30, 2010, the County of Charleston made a purchase offer (“Initial Offer”) of approximately $177,000 to the Partnership in connection with an eminent domain (condemnation) land acquisition of approximately 5,000 square feet of the approximately 44,000 square feet of the Wendy’s- Mt. Pleasant, SC (“Wendy’s- Mt. Pleasant”) property. In October of 2011, the Partnership received Notice (“Condemnation Notice”) that the County of Charleston filed condemnation proceedings on October 12, 2011, which in effect permits the County of Charleston to take possession of approximately 5,000 square feet of the Wendy’s- Mt. Pleasant property and to begin construction of the planned road improvements. The Partnership had until November 11, 2011, to reject the Initial Offer (“Tender of Payment”) for the purchase of the property. The Partnership rejected the Tender of Payment; however, the Initial Offer is still valid during the period the Partnership disputes the County of Charleston’s position that the $177,000 reflects just compensation for the taking of the property. Management will continue to actively work with legal counsel and Wendcharles I to facilitate a settlement with the County of Charleston and the re-engineering of the County’s plans to preserve the viability of the site for Wendy’s-Mt. Pleasant’s operational use. See Note 13 Subsequent Events for further information. The net book value of the land to be purchased is $33,991 and was reclassified to a property held for sale during the fourth quarter of 2010.

Formerly Owned and Vacant Park Forest, IL Property

Discontinued Operations

During the fiscal years ended December 31, 2011, 2010 and 2009, the Partnership recognized (loss) income from discontinued operations of approximately $(478,000), $55,000 and $81,000, respectively. The 2011, 2010 and 2009 (loss) income from discontinued operations was attributable to the third quarter of 2011 reclassifications of the vacant Phoenix, AZ property and the Denny’s, Phoenix, AZ property to properties held for sale upon the execution of Agency and Marketing Agreement with an unaffiliated party in September of 2011 to sell both of the properties. The 2011 loss from discontinued operations includes the fiscal year 2011 property impairment write downs of $390,117 related to the vacant Phoenix, AZ property and $104,705 related to the Denny’s, Phoenix, AZ property, and the 2011 loss of approximately $1,000 on the fourth quarter of 2011 sale of the Denny’s, Phoenix, AZ property. The 2010 and 2009 income from discontinued operations was attributable to the fourth Quarter of 2010 reclassification of a small strip of the Wendy’s- Mt. Pleasant land to a property held for sale due to the pending eminent domain acquisition of the land by the County of Charleston for Right of Way for planned road improvements and the third quarter of 2010 reclassification of the vacant Park Forest property to a property held for sale upon the execution of the Agency and Marketing Agreement in August. The 2010 income from discontinued operations includes the fourth quarter net gain of approximately $7,000 on the sale of the Park Forest property. The 2009 income from discontinued operations was also attributable to the third quarter of 2009 reclassification of the Panda Buffet property to a property held for sale (executed sales contract dated September 30, 2009). The 2009 income from discontinued operations includes the $50,000 fourth quarter property impairment write down of the vacant Park Forest, IL property, the fourth quarter net gain of approximately $29,000 on the sale of the Panda Buffet property, and the second quarter revenue collection of a $12,500 sales escrow deposit in relation to the termination of the Denny’s property sales contract dated February 22, 2008.

The components of property held for sale in the balance sheets as of December 31, 2011 and 2010 are outlined below:


	December 31, 2011			December 31, 2010
Balance Sheet:
Land	$	157,360		$	33,991
Buildings, net		26,631			0
Rents and other receivables		686			0
Utilities security deposit		9,260
Prepaid insurance		1,593			0
Accounts payable and accrued expenses		(2,295	)		0
Property tax payable		(7,571	)		0

Properties held for sale	$	185,664		$	33,991

The components of discontinued operations included in the statements of income for the years ended December 31, 2011, 2010 and 2009 are outlined below:


	December 31, 2011			December 31, 2010		December 31, 2009
Revenues
Rental Income	$	70,417		$	106,510	$	166,255
Other Income		1,204			0		12,500

Total Revenues		71,621			106,510		178,755

Expenses
Insurance		1,183			505		0
General and Administrative		659			946		919
Professional services		3,632			14,486		11,230
Write-off of uncollectible Receivables		0			0		2,013
Property tax expense		9,985			5,035		13,056
Maintenance expense		10,012			4,162		1,376
Property impairment write-downs		494,822			0		50,000
Depreciation		14,361			22,946		35,912
Amortization		10,380			6,990		8,660
Other expenses		3,850			3,506		3,267

Total Expenses		548,884			58,576		126,433

Net Loss (Income) from Rental Operations	$	(477,263	)	$	47,934	$	52,322

Net (Loss) Gain on Sale of Properties		(1,227	)		6,562		28,604

Net (Loss) Income from Discontinued Operations	$	(478,490	)	$	54,496	$	80,926

4. PARTNERSHIP AGREEMENT:

The Amended Agreement of Limited Partnership was amended, effective as of November 9, 2009, to extend the term of the Partnership to November 30, 2020, or until dissolution prior thereto pursuant to the consent of the majority of the outstanding Units. The Second Amendment to the Partnership Agreement was filed as Exhibit 4.1 to the Partnership Quarterly Report on Form 10-Q filed November 12, 2009.

The Partnership Agreement, prior to an amendment effective May 26, 1993, provided that, for financial reporting and income tax purposes, net profits or losses from operations were allocated 90% to the Limited Partners and 10% to the general partners. The Partnership Agreement also provided for quarterly cash distributions from Net Cash Receipts, as defined, within 60 days after the last day of the first full calendar quarter following the date of release of the subscription funds from escrow, and each calendar quarter thereafter, in which such funds were available for distribution with respect to such quarter. Such distributions were to be made 90% to Limited Partners and 10% to the former general partners, provided, however, that quarterly distributions were to be cumulative and were not to be made to the former general partners unless and until each Limited Partner had received a distribution from Net Cash Receipts in an amount equal to 10% per annum, cumulative simple return on his or her Adjusted Original Capital, as defined, from the Return Calculation Date, as defined.

Net Proceeds, as originally defined, were to be distributed as follows: (a) to the Limited Partners, an amount equal to 100% of their Adjusted Original Capital; (b) then, to the Limited Partners, an amount necessary to provide each Limited Partner a Liquidation Preference equal to a 13.5% per annum, cumulative simple return on Adjusted Original Capital from the Return Calculation date including in the calculation of such return all prior distributions of Net Cash Receipts and any prior distributions of Net Proceeds under this clause; and (c) then, to Limited Partners, 90% and to the General Partners, 10%, of the remaining Net Proceeds available for distribution.

On May 26, 1993, pursuant to the results of a solicitation of written consents from the Limited Partners, the Partnership Agreement was amended to replace the former general partners and amend various sections of the agreement. The former general partners were replaced as General Partner by The Provo Group, Inc., an Illinois corporation. Under the terms of the amendment, net profits or losses from operations are allocated 99% to the Limited Partners and 1% to the current General Partner. The amendment also provided for distributions from Net Cash Receipts to be made 99% to Limited Partners and 1% to the current General Partner, provided that quarterly distributions are cumulative and are not to be made to the current General Partner unless and until each Limited Partner has received a distribution from Net Cash Receipts in an amount equal to 10% per annum, cumulative simple return on his or her Adjusted Original Capital, as defined, from the Return Calculation Date, as defined, except to the extent needed by the General Partner to pay its federal and state income taxes on the income allocated to it attributable to such year.

The provisions regarding distribution of Net Proceeds, as defined, were also amended to provide that Net Proceeds are to be distributed as follows: (a) to the Limited Partners, an amount equal to 100% of their Adjusted Original Capital; (b) then, to the Limited Partners, an amount necessary to provide each Limited Partner a Liquidation Preference equal to a 13.5% per annum, cumulative simple return on Adjusted Original Capital from the Return Calculation Date including in the calculation of such return on all prior distributions of Net Cash Receipts and any prior distributions of Net Proceeds under this clause, except to the extent needed by the General Partner to pay its federal and state income tax on the income allocated to it attributable to such year; and (c) then, to Limited Partners, 99%, and to the General Partner, 1%, of remaining Net Proceeds available for distribution.

Additionally, per the amendment of the Partnership Agreement dated May 26, 1993, the total compensation paid to all persons for the sale of the investment properties is limited to commissions customarily charged by other brokers in arm’s-length sales transactions involving comparable properties in the same geographic area, not to exceed six percent of the contract price for the sale of the property. The General Partner may receive up to one-half of the competitive real estate commission, not to exceed three percent, provided that the General Partner provides a substantial amount of services in the sales effort. It is further provided that a portion of the amount of such fees payable to the General Partner is subordinated to its success in recovering the funds misappropriated by the former general partners. See Note 6 for further information.

Effective June 1, 1993, the Partnership Agreement was amended to (i) change the definition of “Distribution Quarter” to be consistent with calendar quarters, and (ii) change the distribution provisions to subordinate the General Partner’s share of distributions from Net Cash Receipts and Net Proceeds, except to the extent necessary for the General Partner to pay its federal and state income taxes on Partnership income allocated to the General Partner. Because these amendments do not adversely affect the rights of the Limited Partners, pursuant to section 10.2 of the Partnership Agreement, the General Partner made the amendments without a vote of the Limited Partners.

5. LEASES:

Original lease terms for the majority of the Properties were generally five to twenty years from their inception. The leases generally provide for minimum rents and additional rents based upon percentages of gross sales in excess of specified breakpoints. The lessee is responsible for occupancy costs such as maintenance, insurance, real estate taxes, and utilities. Accordingly, these amounts are not reflected in the statements of income except in circumstances where, in Management’s opinion, the Partnership will be required to pay such costs to preserve its assets (i.e., payment of past-due real estate taxes). Management has determined that the leases are properly classified as operating leases; therefore, rental income is reported when earned on a straight-line basis and the cost of the property, excluding the cost of the land, is depreciated over its estimated useful life.

As of December 31, 2011, the aggregate minimum operating lease payments to be received under the current operating leases for the Partnership’s Properties are as follows:


Year ending December 31,
2012	$	1,005,830
2013		892,500
2014		856,500
2015		826,500
2016		813,882
Thereafter		3.399.543

		7,794,755

Operating percentage rents included in operating rental income in 2011, 2010, and 2009 were approximately $431,000, $398,000, and $399,000, respectively. At December 31, 2011, rents and other receivables included $429,000 of unbilled operating percentage rents. As of December 31, 2011, the $47,000 in 2011 percentage rents included in discontinued operating rental income had been billed and collected from the Denny’s, Phoenix, AZ “(Denny’s) property. At December 31, 2010, rents and other receivables included $35,000 of billed (included in 2010 discontinued operating rental income) and $404,000 of unbilled operating percentage rents. As of December 31, 2011, all of the 2010 percentage rents had been billed and collected.

At December 31, 2011, six of the Properties are leased to Wendgusta, two of the Properties are leased to Wendcharles I, and one of the properties is leased to Wendcharles II. The three tenants operating base rents have accounted for approximately 53%, 21% and 1%, respectively, of the total 2011 operating base rents.

6. TRANSACTIONS WITH GENERAL PARTNER AND ITS AFFILIATES:

Pursuant to the terms of the Permanent Manager Agreement (“PMA”) executed in 1993 and renewed for an additional two year term as of January 1, 2011, the General Partner receives a Base Fee for managing the Partnership equal to four percent of gross receipts, subject to an initial annual minimum amount of $159,000. The PMA also provides that the Partnership is responsible for reimbursement of the General Partner for office rent and related office overhead (“Expenses”) up to an initial annual maximum of $13,250. Both the Base Fee and Expense reimbursement are subject to annual Consumer Price Index based adjustments. Effective March 1, 2011, the minimum annual Base Fee and the maximum Expense reimbursement increased by 1.64% from the prior year, which represents the allowable annual Consumer Price Index adjustment per the PMA. Therefore, as of March 1, 2011, the minimum monthly Base Fee paid by the Partnership was raised to $20,492 and the maximum monthly Expense reimbursement was increased to $1,653.

For purposes of computing the four percent overall fees, gross receipts include amounts recovered in connection with the misappropriation of assets by the former general partners and their affiliates. To date, TPG has received fees from the Partnership totaling $59,689 on the amounts recovered, which includes restoration fees received for 2011, 2010 and 2009 of $299, $497 and $459, respectively. The fees received from the Partnership on the amounts recovered reduce the four percent minimum fee by that same amount.

Amounts paid and/or accrued to the General Partner and its affiliates for the years ended December 31, 2011, 2010, and 2009, are as follows:


General Partner	Incurred for the Year ended December 31, 2011		Incurred for the Year ended December 31, 2010		Incurred for the Year ended December 31, 2009
Management fees	$	244,943	$	241,579	$	240,841
Restoration fees		299		497		459
Overhead allowance		19,782		19,524		19,464
Advisory fee on sale		14,250		0		13,500
Leasing commissions		5,346		0		21,060
Reimbursement for out-of-pocket expenses		5,822		5,273		5,210
Cash distribution		3,081		3,260		3,290

	$	293,523	$	270,133	$	303,824

At December 31, 2011 and 2010, $1,757 and $1,825, respectively, was payable to the General Partner, which primarily represented the applicable year’s fourth quarter distribution.

Due to the Denny’s lease modifications, approximately $1,200 of the $4,000 lease commission paid in 2009 to the General Partner was reimbursed to the Partnership in May of 2011 and is included in other income from discontinued operations in the condensed statements of income.

As of December 31, 2011, TPG Finance Corp. owned 200 limited partnership interests of the Partnership. The President of the General Partner, Bruce A. Provo, is also the President of TPG Finance Corp., but he is not a shareholder of TPG Finance Corp.

7. TRANSACTIONS WITH OWNERS WITH GREATER THAN TEN PERCENT BENEFICIAL INTERESTS:

As of December 31, 2011, Advisory Board Member, Jesse Small, owns beneficially greater than ten percent of the Partnership’s Units. As of December 31, 2011, Advisory Board Member, Jesse Small, is a greater than ten percent beneficial unit holder. Amounts paid to Mr. Small for the fiscal years ended December 31, 2011, 2010, and 2009 are as follows:


	Incurred for the Year ended December 31, 2011		Incurred for the Year ended December 31, 2010		Incurred for the Year ended December 31, 2009
Advisory Board Fees paid	$	3,500	$	3,500	$	3,000

	$	3,500	$	3,500	$	3,000

At December 31, 2011 and 2010, there were no outstanding Advisory Board Fees accrued and payable to Jesse Small.

8. CONTINGENT LIABILITIES:

According to the Partnership Agreement, as amended, TPG, as General Partner, may receive a disposition fee not to exceed three percent of the contract price on the sale of the three original Partnerships’ properties (See Note 2 for further information as to the original partnerships). In addition, fifty percent of all such disposition fees earned by TPG were to be escrowed until the aggregate amount of recovery of the funds misappropriated from the Partnerships by the former general partners was greater than $4,500,000. Upon reaching such recovery level, full disposition fees would thereafter be payable and fifty percent of the previously escrowed amounts would be paid to TPG. At such time as the recovery exceeded $6,000,000 in the aggregate, the remaining escrowed disposition fees were to be paid to TPG. If such levels of recovery were not achieved, TPG would contribute the amounts escrowed toward the recovery until the Partnership’s were made whole. In lieu of a disposition fee escrow, the fifty percent of all such disposition fees previously discussed were paid directly to a restoration account and then distributed among the three original Partnerships; whereby the Partnerships recorded the recoveries as income (Note 2). After the recovery level of $4,500,000 was exceeded, fifty percent of the total disposition fee amount paid to the Partnerships recovery through the restoration account (in lieu of the disposition fee escrow) was refunded to TPG during March 1996. The remaining fifty percent amount allocated to the Partnership through the restoration account, and which was previously reflected as Partnership recovery income, may be owed to TPG if the $6,000,000 recovery level is met. As of December 31, 2011, the Partnership may owe TPG $16,296 if the $6,000,000 recovery level is achieved. TPG does not expect any future refund, as it is uncertain that such a $6,000,000 recovery level will be achieved.

9. PMA INDEMNIFICATION TRUST:

The PMA provides that TPG will be indemnified from any claims or expenses arising out of or relating to TPG serving in such capacity or as substitute general partner, so long as such claims do not arise from fraudulent or criminal misconduct by TPG. The PMA provides that the Partnership fund this indemnification obligation by establishing a reserve of up to $250,000 of Partnership assets which would not be subject to the claims of the Partnership’s creditors. An Indemnification Trust (“Trust”) serving such purposes has been established at United Missouri Bank, N.A. The corpus of the Trust has been fully funded with Partnership assets. Funds are invested in U.S. Treasury securities. In addition, $201,961 of earnings has been credited to the Trust as of December 31, 2011. The rights of TPG to the Trust will be terminated upon the earliest to occur of the following events: (i) the written release by TPG of any and all interest in the Trust; (ii) the expiration of the longest statute of limitations relating to a potential claim which might be brought against TPG and which is subject to indemnification; or (iii) a determination by a court of competent jurisdiction that TPG shall have no liability to any person with respect to a claim which is subject to indemnification under the PMA. At such time as the indemnity provisions expire or the full indemnity is paid, any funds remaining in the Trust will revert back to the general funds of the Partnership.

10. FORMER GENERAL PARTNERS’ CAPITAL ACCOUNTS:

The capital account balance of the former general partners as of May 26, 1993, the date of their removal as general partners pursuant to the results of a solicitation of written consents from the Limited Partners, was a deficit of $840,229. At December 31, 1993, the former general partners’ deficit capital account balance in the amount of $840,229 was reallocated to the Limited Partners.

11. NOTE RECEIVABLE:

A sales contract was executed on September 30, 2009 for the installment sale of the Panda Buffet property to the tenant for $520,000 (sales amount was to be reduced to $450,000 if closing occurred on or before November 15, 2009). The closing date on the sale of the Property was November 12, 2009 at a sales price of $450,000. The buyer paid $150,000 at closing with the remaining balance of $300,000 being delivered in the form of a promissory note (“Buyers Note”) to the Partnership. A net gain on the sale of approximately $29,000 was recognized in the Fourth Quarter of 2009. The Buyers Note reflects a term of three years, an interest rate of 7.25%, and principal and interest payments paid monthly and principal amortized over a period of ten years beginning December 1, 2009 with a balloon payment due November 1, 2012. Pursuant to the Buyers Note, there will be no penalty for early payment of principal. Buyers Note also requires the buyer to escrow property taxes with the Partnership beginning January of 2010 at $1,050 per month (lowered to $900 beginning February 1, 2011 and then $700 per month beginning January 1, 2012). The property tax escrow cash balance held by the Partnership amounted to $2,000 at December 31, 2011, and is included in the property tax payable in the condensed balance sheets

Per the Buyer’s Note amortization schedule, the monthly payments are to total approximately $3,522 per month. The first payment was received by the Partnership on November 30, 2009 and included $2,374 in principal and $1,148 in interest. During the fiscal year ended December 31, 2011, twelve note payments were received by the Partnership and totaled $22,991 in principal and $19,273 in interest.

The eleven aggregate amortized principal payments yet to be received under the Buyers Note for the next year are as follows:


Year ending December 31,	$	253,247

2012 (eleven months of payments)	$	253,247

12. FAIR VALUE DISCLOSURES

The Partnership has determined the fair value based on hierarchy that gives the highest priority to quoted prices in active markets for identical assets and liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). Inputs are broadly defined as assumptions market participants would use in pricing an asset or liability. The three levels of the fair value hierarchy under the accounting principle are described below:

Level 1.

Quoted prices in active markets for identical assets or liabilities.

Level 2.

Quoted prices for similar investments in active markets, quoted prices for identical or similar investments in markets that are not active, and inputs other than quoted prices that are observable for the investment.

Level 3.

Unobservable inputs for which there is little, if any, market activity for the investment. The inputs into the determination of fair value are based upon the best information in the circumstances and may require significant management judgment or estimation and the use of discounted cash flow models to value the investment.

The fair value hierarchy is based on the lowest level of input that is significant to the fair value measurements. The Partnership’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the investment.

The Partnership assesses the levels of the Investments at each measurement date, and transfers between levels are recognized on the actual date of the event or change in circumstances that caused the transfer in accordance with the Partnership’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. For the years ended December 31, 2011 and 2010, there were no such transfers.

Fair Value on a Nonrecurring Basis- Vacant and formerly owned Denny’s, Phoenix, AZ Properties

Certain assets and liabilities are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). The following table presents the assets and liabilities carried on the balance sheet by caption and by level within the fair valuation hierarchy (as described above) as of December 31, 2011, for which a nonrecurring change in fair values were recorded during the fiscal year 2011 for the formerly owned Denny’s, Phoenix, AZ property (sold on November 23, 2011) and the vacant Phoenix, AZ property.


									Incurred for the Year Ended			Incurred for the Year Ended
	Carrying Value at December 31, 2011								December 31, 2011			December 31, 2010
	Total		Level 1		Level 2		Level 3		Total Losses			Total Losses
Formerly owned Denny’s, Phoenix, AZ property	$	—	$	—	$	—	$	—	$	(104,705	)	$	—
Vacant Phoenix, AZ Property		150,000		—		—		150,000		(390,117	)		—

Total properties	$	150,000	$	—	$	—	$	150,000	$	(494,822	)	$	0

Investment property measured at fair value on a nonrecurring basis relates to land, building and improvements that were held for investment or held for sale. Losses of $494,822 represent property impairment charges related to the vacant Phoenix, AZ property and the formerly owned Denny’s, Phoenix, AZ property recorded during the fiscal year 2011. The fair value of these assets was determined by Management and incorporates Management’s knowledge of comparable properties, past experience and future expectations.

There was no fair value adjustment in the fiscal year ended December 31, 2010. For the fiscal year ended December 31, 2009, total losses of $50,000 represent an impairment charge related to the Park Forest property recorded in 2009.

13. SUBSEQUENT EVENTS

Vacant Phoenix, AZ Property

A contract (“Contract”) to sell the vacant Phoenix, AZ property to an unaffiliated party was executed on February 14, 2012 for the sale price of $325,000. The potential buyer provided an earnest money deposit of $25,000, which is held by an independent escrow company. Per the Contract, closing is anticipated to occur prior to and up to 210 days out from the contract execution date. Closing costs are estimated to be approximately $30,000, which includes commissions totaling approximately $23,000 in the aggregate, which are anticipated to be paid to two unaffiliated brokers. The net book value of the vacant, Phoenix, AZ property at December 31, 2011, classified as property held for sale in the condensed financial statements, was approximately $151,700, which included $123,369 related to land, $26,631 related to building, net of accumulated depreciation, $9,300 related to a utilities security deposit, $700 related to rents and other receivables, $1,600 related to prepaid insurance, $2,300 related to accounts payable and accrued expenses and $7,600 related to property tax payable.

Limited Partner Distributions

On February 15, 2012, the Partnership made distributions to the Limited Partners of $640,000, which amounted to $13.83 per Interest.

Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure

None.

Item 9A. Control and Procedures

Controls and Procedures

As of December 31, 2011, the Partnership’s Management , and the Partnership’s principal executive officer and principal financial officer have concluded that the Partnership’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended) as of the end of the period covered by this report were effective based on the evaluation of these controls and procedures as required by paragraph (b) of Rule 13a-15 or Rule 15d-15 under the Securities Exchange Act of 1934, as amended.

Management’s Report on Internal Control over Financial Reporting

The Partnership’s Management is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Rule 13a-15(f) and 15d- 15(f) under the Securities Exchange Act of 1934, as amended). The Partnership’s Management assessed the effectiveness of the internal control over financial reporting as of December 31, 2011. In making this assessment, the Partnership’s management used the criteria set forth by the Securities and Exchange Commission in Release No. 34-47986 and the interpretive guidance issued thereunder (as permitted in Rules 13a-15(c) and 15d-15(c) under the Securities Exchange Act of 1934, as amended). The Partnership’s management has concluded that, as of December 31, 2011, the internal control over financial reporting is effective based on these criteria. Further, there were no changes in the Partnership’s controls over financial reporting during the year ended December 31, 2011, that have materially affected, or are reasonably likely to materially affect, the Partnership’s internal controls over financial reporting.

The Partnership’s Management, does not expect that the disclosure controls and procedures of the internal controls will prevent all error and misstatements. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, have been detected.

This Form 10-K does not include an attestation report of the Partnership’s registered public accounting firm regarding internal control over financial reporting. As a non-accelerated filer, Management’s report was not subject to attestation by the Partnership’s registered public accounting firm pursuant to in the Dodd Frank Act that permit the Partnership to provide only management’s report in this Annual Report.

Item 9B. Other Information

None.

PART III

Item 10. Directors and Executive Officers of the Registrant

The Partnership does not have any employees, executive officers, or directors and therefore no board committees.

TPG is an Illinois corporation with its principal office at 1100 Main Street, Suite 1830, in Kansas City, Missouri 64105. TPG was elected General Partner by vote of the Limited Partners effective on May 26, 1993. Prior to such date, TPG had been managing the Partnership since February 8, 1993, under the terms of the Permanent Manager Agreement as amended (“PMA”), which remains in effect. See Items 1 and 13 hereof for additional information about the PMA and the election of TPG as General Partner.

The executive officer and director of the General Partner who controls the affairs of the Partnership is as follows:

Bruce A. Provo, Age 61—President, Founder and Director, TPG.

Mr. Provo has been involved in the management of real estate and other asset portfolios since 1979. TPG was founded by Mr. Provo in 1985 and he has served as its President since its formation. TPG’s focus has been to provide professional real estate services to outside clients. Since the founding of TPG in 1985, Mr. Provo has also founded various entities engaged in unique businesses such as Rescue Services, Owner Representation, Asset Management, Managed Financial and Accounting Systems, Investments, and Virtual Resort Services. The entities are generally grouped under an informal umbrella known as The Provo Group of Companies. Since TPG was appointed General Partner to the Partnership in 1993, Mr. Provo has been primarily responsible for making management, leasing and disposition decisions on behalf of the Partnership.

From 1982 to 1986, Mr. Provo also served as President and Chief Operating Officer of the North Kansas City Development Company (“NKCDC”), North Kansas City, Missouri. NKCDC was founded in 1903 and the assets of the company were sold in December 1985 for $102,500,000. NKCDC owned commercial and industrial properties, including an office park and a retail district, as well as apartment complexes, motels, recreational facilities, fast food restaurants, and other properties. NKCDC’s holdings consisted of over 100 separate properties and constituted approximately 20% of the privately held real property in North Kansas City, Missouri (a four square mile municipality). Following the sale of the company’s real estate, Mr. Provo served as the President, Chief Executive Officer and Liquidating Trustee of NKCDC from 1986 to 1991.

Mr. Provo graduated from Miami University, Oxford, Ohio in 1972 with a B.S. in Accounting. He became a Certified Public Accountant in 1974 and was a manager in the banking and financial services division of Arthur Andersen LLP prior to joining Rubloff Development Corporation in 1979. From 1979 through 1985, Mr. Provo served as Vice President—Finance and then as President of Rubloff Development Corporation.

The Advisory Board, although its members are not “Directors” or “Executive Officers” of the Partnership, provides advisory guidance to Management of the Partnership and consists of:

William Arnold—Investment Broker. Mr. Arnold works as a financial planner, real estate broker, and investment advisor at his company, Arnold & Company. Mr. Arnold graduated with a Master’s Degree from the University of Wisconsin and is a Certified Financial Planner. He serves as a board representative for the brokerage community.

Jesse Small – CPA. Mr. Small has been a tax and business consultant in Hallandale, FL for more than 30 years. Mr. Small has a Master’s Degree in Economics. Mr. Small is a Limited Partner representing the Partnership’s Partners. During the past five years after retiring from the accounting profession, Mr. Small has been developing property on the east and west coast of Florida.

Albert Kramer—Retired. Mr. Kramer is now retired, but previously worked as Tax Litigation Manager for Phillips Petroleum Company, now known as ConocoPhillips. His education includes undergraduate and MBA degrees from Harvard and a J.D. Degree from South Texas College of Law. Mr. Kramer is a Limited Partner representing the Partnership’s Partners.

Code of Ethics

The Partnership has no executive officers or any employees and, accordingly, has not adopted a formal code of ethics.

Mr. Provo and TPG require that all personnel, including all employees, officers and directors: engage in honest and ethical conduct; ensure full, fair, accurate, timely and understandable disclosure; comply with all applicable governmental laws, rules and regulations; and report to Mr. Provo any deviation from these principles. Because TPG has two employees (including Mr. Provo), and because Mr. Provo is the ultimate decision maker in all instances, TPG has not adopted a formal code of ethics. Mr. Provo, as Chief Executive Officer and Chairman of the Board of Directors of TPG, mitigates and resolves all conflicts to the best of his ability and determines appropriate actions if necessary to deter violations and promote accountability, consistent with his fiduciary obligations to TPG and the fiduciary obligations of TPG to the Partnership.

Section 16(a) Beneficial Ownership Reporting Compliance

Section 16(a) of the Securities Exchange Act of 1934 requires the officers and directors of TPG, and persons who own 10% or more of the Partnership Interests, to report their beneficial ownership of such Interests in the Partnership to the SEC. Their initial reports are required to be filed using the SEC’s Form 3, and they are required to report subsequent purchases, sales, and other changes using the SEC’s Form 4, which must be filed within two business days of most transactions. Officers, directors, and persons owning more than 10% of the Partnership Interests are required by SEC regulations to furnish the Partnership with copies of all of reports they file pursuant to Section 16(a).

As of December 31, 2011, Jesse Small was a beneficial owner of more than 10% of the Partnership Interests. Six outsider Form 4’s, which included 16 transactions with respect to 2011, were filed late by Jesse Small in 2011 and 2012, An outsider Form 3, due in April 2010, was filed late in June 2010 by Jesse Small.

Item 11. Executive Compensation

The Partnership has not paid any “executive compensation” to the corporate General Partner or to the directors and officers of the General Partner. The General Partner’s participation in the income of the Partnership is set forth in the Partnership Agreement, which is filed as Exhibits 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6 hereto. The General Partner received management fees and expense reimbursements during the year.

See Item 13, below, and Note 6 to the Financial Statements in Item 8 hereof for further discussion of payments by the Partnership to the General Partner and the former general partners. The principal executive officer is not directly compensated by the Partnership for controlling the affairs of the Partnership.

Item 12. Security Ownership of Certain Beneficial Owners and Management

(a) The following table sets forth certain information with respect to such beneficial ownership as of December 31, 2011. Based on information known to the Partnership and filed with the SEC, the following person is known to beneficially own 5% or more of the outstanding Interests as follows:

Title of

Class

Name and Address of
Beneficial Owner

Interests
Beneficially
Owned(2)

Percentage of
Interests
Outstanding(1)

Limited Partnership Interests

Jesse Small (3)

401 NW 10^th Terrace

Hallandale, FL 33009

5,780.59

12.49

(1)	Based on 46,280.3 Limited Partnership Interests outstanding as of December 31, 2011.

(2)	Based on Form 4’s filed with the SEC in March of 2012.

(3)	Jesse Small may be deemed to beneficially own with such voting and investment power the Interests listed in the table above.

(b) As of December 31, 2011, the General Partner did not own any Limited Partnership Interests in the Partnership. The following chart identifies the security ownership of the Partnership’s principal executive officer and principal financial officer as the sole named executive officer:

Title of

Class

Name of

Beneficial Owner(1)

Amount and
Nature of
Beneficial
Ownership

Percentage of
Interests
Outstanding(4)

Limited Partnership Interest

Bruce A. Provo

200

(2)(3)

0.43

(1)

A beneficial owner of a security includes a person who, directly or indirectly, has or shares voting or investment power with respect to such security. Voting power is the power to vote or direct the voting of the security and investment power is the power to dispose or direct the disposition of the security.

(2)	Bruce A. Provo is deemed to have beneficial ownership of all of TPG Finance Corp.’s Limited Partnership interests in the Partnership due to his control as President of TPG Finance Corp.

(3)	Bruce A. Provo may be deemed to beneficially own with such voting and investment power the Interests listed above.

(4)	Based on 46,280.3 Limited Partnership Interests outstanding as of December 31, 2011.

(c) Management knows of no contractual arrangements, the operation or the terms of which may at a subsequent date result in a change in control of the Partnership, except for provisions in the Permanent Manager Agreement (“PMA”). See Item 13 below for further information.

Item 13. Certain Relationships and Related Transactions

Pursuant to the terms of the PMA, the General Partner receives a Base Fee for managing the Partnership equal to four percent of gross receipts, subject to a $159,000 minimum annually. The PMA also provides that the Partnership is responsible for reimbursement for office rent and related office overhead (“Expenses”) up to a maximum of $13,250 annually. Both the Base Fee and Expense reimbursement are subject to annual Consumer Price Index based adjustments. Effective March 1, 2011, the minimum annual Base Fee and the maximum Expense reimbursement increased by 1.64% from the prior year, which represents the allowable annual Consumer Price Index adjustment per the PMA. Therefore, as of March 1, 2011, the minimum monthly Base Fee paid by the Partnership was raised to $20,492 and the maximum monthly Expense reimbursement was raised to $1,653.

Additionally, TPG, or their affiliates, are allowed up to one-half of the commissions customarily charged by other brokers in arm’s-length sales transactions involving comparable properties in the same geographic area, but such TPG commissions are not to exceed three percent of the contract price on the sale of an investment property. The payment of a portion of such fees is subordinated to TPG’s success at recovering the funds misappropriated by the former general partners. See Note 8 to the financial statements for further information.

The PMA had an original expiration date of December 31, 2002. At the end of the original term, it was extended three years by TPG to an expiration date of December 31, 2005, an additional three years to an expiration date of December 31, 2008, and then an additional two years to an expiration date of December 31, 2010. Effective January 1, 2011, the PMA was renewed by TPG for the two-year period ending December 31, 2012. The PMA can be terminated earlier (a) by a vote at any time by a majority in interest of the Limited Partners, (b) upon the dissolution and winding up of the Partnership, (c) upon the entry of an order of a court finding that TPG has engaged in fraud or other like misconduct or has shown itself to be incompetent in carrying out its duties under the Partnership Agreement, or (d) upon sixty (60) days written notice from TPG to the Limited Partners of the Partnership. Upon termination of the PMA, other than by the voluntary action of TPG, TPG shall be paid a termination fee of one month’s Base Fee allocable to the Partnership, subject to a minimum of $13,250. In the event that TPG is terminated by action of a substitute general partner, TPG shall also receive, as part of this termination fee, 4% of any proceeds recovered with respect to the obligations of the former general partners, whenever such proceeds are collected.

Under the PMA, TPG shall be indemnified by the Partnership, DiVall and Magnuson, and their controlled affiliates, and shall be held harmless from all claims of any party to the Partnership Agreement and from any third party including, without limitation, the Limited Partners of the Partnership, for any and all liabilities, damages, costs and expenses, including reasonable attorneys’ fees, arising from or related to claims relating to or arising from the PMA or its status as Permanent Manager. The indemnification does not extend to claims arising from fraud or criminal misconduct of TPG as established by court findings. To the extent possible, the Partnership is to provide TPG with appropriate errors and omissions, officer’s liability or similar insurance coverage, at no cost to TPG. In addition, TPG was granted the right to establish an Indemnification Trust in an original amount, not to exceed $250,000, solely for the purpose of funding such indemnification obligations. Once a determination has been made that no such claims can or will be made against TPG, the balance of the Trust will become unrestricted property of the Partnership. The corpus of the Trust has been fully funded with Partnership assets.

The Partnership paid and/or accrued the following to Management and its affiliates in 2011 and 2010:

The Provo Group, Inc.:


	Incurred for the Year ended December 31, 2011		Incurred for the Year ended December 31, 2010
Management fees	$	244,943	$	241,579
Restoration fees		299		497
Overhead allowance		19,782		19,524
Advisory Fee on Sale		14,250		0
Leasing commissions		5,346		0
Direct Cost Reimbursement		5,822		5,273
Cash Distributions		3,081		3,290

	$	293,523	$	270,133

Item 14. Principal Accounting Firm Fees and Services

Audit Fees

Aggregate billings during the years 2011 and 2010 for audit and interim review services provided by the Partnership’s principal accounting firm, McGladrey & Pullen, LLP (“M&P”), to the Partnership, amounted to $68,772 and $62,103, respectively.

Audit-Related Fees

For the years ended December 31, 2011 and 2010, M&P did not perform any assurance and related services that were reasonably related to the performance of the audit or interim reviews.

Tax Fees

Tax compliance services billed during 2011 and 2010 were $26,000 and $25,100, respectively. Through November of 2011, tax services were provided by RSM McGladrey, Inc., which operated under an alternative practice structure with M&P. Subsequent to November of 2011, tax compliance services are provided by M&P.

All Other Fees

For the years ended December 31, 2011 and 2010, M&P did not perform any management consulting or other services for the Partnership.

For the years December 31, 2011 and 2010, RSM, did not perform any management consulting or other services for the Partnership.

PART IV

Item 15. Exhibits and Financial Statement Schedule

(a) 1.

Financial Statements

The following financial statements of DiVall Insured Income Properties 2 Limited Partnership are included in Part II, Item 8 of this annual report on Form 10-K:

Report of Independent Registered Public Accounting Firm

Independent Auditors’ Report

Balance Sheets, December 31, 2011 and 2010

Statements of Income for the Years Ended December 31, 2011, 2010, and 2009

Statements of Partners’ Capital for the Years Ended December 31, 2011, 2010, and 2009

Statements of Cash Flows for the Years Ended December 31, 2011, 2010, and 2009

Notes to Financial Statements

2.	Financial Statement Schedule

Schedule III – Investment Properties and Accumulated Depreciation, December 31, 2011

All other schedules for which provision is made in the applicable accounting regulation of the Securities and Exchange Commission are not required under the related instruction or are inapplicable and, therefore, have been omitted.

3.	Listing of Exhibits



4.1		Agreement of Limited Partnership dated as of November 20, 1987, amended as of November 25, 1987, and February 20, 1988, filed as Exhibit 3A to Amendment No. 1 to the Partnership’s Registration Statement on Form S-11 as filed on February 22, 1988, and incorporated herein by reference.

4.2		Amendments to Amended Agreement of Limited Partnership dated as of June 21, 1988, included as part of Supplement dated August 15, 1988, filed under Rule 424(b)(3), incorporated herein by reference.

4.3		. Amendment to Amended Agreement of Limited Partnership dated as of February 8, 1993, filed as Exhibit 3.3 to the Partnership’s 10-K for the year ended December 31, 1992, Commission File 0-17686, and incorporated herein by reference.

4.4		Amendment to Amended Agreement of Limited Partnership dated as of May 26, 1993, filed as Exhibit 3.4 to the Partnership’s 10-K for the year ended December 31, 1993, Commission File 0-17686, and incorporated herein by reference.



4.5		Amendment to Amended Agreement of Limited Partnership dated as of June 30, 1994, filed as Exhibit 3.5 to the Partnership’s 10-K for the year ended December 31, 1994, Commission File 0-17686, and incorporated herein by reference.

4.6		Amendment to Amended Agreement of Limited Partnership dated as of November 9, 2009, filed as Exhibit 4.1 to the Partnership Quarterly Report on Form 10-Q filed November 12, 2009, Commission File 0-17686, and incorporated herein by reference.

4.7		Certificate of Limited Partnership dated November 20, 1987.

10.0		Permanent Manager Agreement filed as an exhibit to the Current Report on Form 8-K dated January 22, 1993, Commission File 33-18794, and incorporated herein by reference.

31.1		Sarbanes Oxley Section 302 Certifications.

32.1		Certification of Periodic Financial Report Pursuant to 18 U.S.C. Section 1350.

99.0		Reviewed Financial Statements of Wendgusta, LLC for the fiscal years ended December 25, 2011 and December 26, 2010 prepared by Vrona & Van Schuyler, CPAs, PLLC.

99.1		Reviewed Financial Statements of Wendcharles I, LLC for the fiscal years ended December 25, 2011 and December 26, 2010 prepared by Vrona &Van Schuyler, CPAs, PLLC.

99.2		Reviewed Financial Statements of Wendcharles II, LLC for the fiscal years ended December 25, 2011 and December 26, 2010 prepared by Vrona &Van Schuyler, CPAs, PLLC.

101		The following materials from the Partnership’s Annual Report on Form 10-K for the year ended, formatted in XBRL (Extensible Business Reporting Language): (i) Balance Sheets at December 31, 2011 and December 31, 2010, (ii) Statements of Income for the three years ended December 31, 2011, 2010 and 2009, (iii) Statement of Cash Flows for the years ended December 31, 2011, 2010 and 2009, and (v) Notes to the Condensed Financial Statements.¹

In accordance with Rule 406T of Regulation S-T, the XBRL related information in Exhibit 101 to this Annual Report on Form 10-K shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) , or otherwise subject to the liability of that section, and shall not be part of any registration statement or other document filed under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

SCHEDULE III – INVESTMENT PROPERTIES AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2011


			Initial Cost to Partnership						Gross Amount at which Carried at End of Year												Life on which Depreciation in
Property	Encumbrances		Land		Building and Improvements		Costs Capitalized Subsequent to Acquisitions		Land		Building and Improvements		Total		Accumulated Depreciation		Date of Construction		Date Acquired		latest statement of operations is computed (years)
Santa Fe, NM		—		—		451,230		—		—		451,230		451,230		332,682		—		10/10/88		31.5
Augusta, GA (2)		—		215,416		434,178		—		213,226		434,177		647,403		324,110		—		12/22/88		31.5
Charleston, SC		—		273,619		323,162		—		273,619		323,162		596,781		241,238		—		12/22/88		31.5
Aiken, SC		—		402,549		373,795		—		402,549		373,795		776,344		277,917		—		2/21/89		31.5
Augusta, GA		—		332,154		396,659		—		332,154		396,659		728,813		294,916		—		2/21/89		31.5
Mt. Pleasant, SC (3)		—		286,060		294,878		—		252,069		294,878		546,947		219,242		—		2/21/89		31.5
Charleston, SC		—		273,625		254,500		—		273,625		254,500		528,125		189,221		—		2/21/89		31.5
Aiken, SC		—		178,521		455,229		—		178,521		455,229		633,750		338,463		—		3/14/89		31.5
Des Moines, IA (1) (4)		—		164,096		448,529	$	296,991		161,996		560,057		722,053		423,284		1989		8/1/89		31.5
North Augusta, SC		—		250,859		409,297		—		250,859		409,297		660,156		290,670		—		12/29/89		31.5
Martinez, GA		—		266,175		367,575		—		266,175		367,575		633,750		261,041		—		12/29/89		31.5
Columbus, OH		—		351,325		708,141		—		351,325		708,140		1,059,465		491,991		—		6/1/90		31.5

	$	0	$	2,994,399	$	4,917,173	$	296,991	$	2,956,118	$	5,028,699	$	7,984,817	$	3,684,775

(1)	This property was written down to its estimated net realizable value at December 31, 1998.

(2)	In the Fourth Quarter of 2001, a portion of the land was purchased from the Partnership by the County Commission for utility and maintenance easement.

(3)	In the Fourth Quarter of 2010, a portion of the land was reclassified to property held for as the City of Charleston is to purchase the land for right of way purposes.

(4)	Building improvements were incurred at the property during the fourth quarter of 2009.

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

SCHEDULE III – INVESTMENT PROPERTIES AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2011

(B) Reconciliation of “Investment Properties and Accumulated Depreciation”:


Investment Properties	Year Ended December 31, 2011			Year Ended December 31, 2010			Accumulated Depreciation	Year Ended December 31, 2011			Year Ended December 31, 2010
Balance at beginning of year	$	9,732,826		$	10,022,119		Balance at beginning of year	$	4,178,495		$	4,260,745
Additions:							Additions charged to costs and expenses		164,467			173,052
Deletions:
Vacant- Park Forest, IL reclassified and sold (1)					(255,302	)	Vacant- Park Forest, IL reclassified and sold (1)					(255,302	)
Wendy’s- North Augusta, SC reclassified (2)					(33,991	)
Vacant- Phoenix, AZ property impairment write-down (3)		(390,117	)
Vacant- Phoenix, AZ property reclassified (4)		(475,782	)
Denny’s- Phoenix, AZ property impairment write-down (5)		(104,705	)						(325,782	)
Denny’s- Phoenix, AZ reclassified and sold (6)		(777,405	)						(332,405	)

Balance at end of year	$	7,984,817		$	9,732,826		Balance at end of year	$	3,684,775		$	4,178,495

(1)	The property was reclassified to property held for sale in the third quarter of 2010 and sold in the fourth quarter of 2010.

(2)	A portion of the land was reclassified to property held for sale in the fourth quarter of 2010 as the City of Charleston is to purchase the land for right of way purposes.

(3)	The property was written-down to its estimated fair value of $150,000 during the fiscal year 2011.

(4)	The property was reclassified to property held for sale in the third quarter of 2011.

(5)	The property was written-down to its estimated fair value, less costs to sale, of $475,000 during the third quarter of 2011.

(6)	The property was reclassified to property held for sale in the third quarter of 2011 and sold in the fourth quarter of 2011.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the date indicated.

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

By:	The Provo Group, Inc., General Partner

By:	/s/Bruce A. Provo

Bruce A. Provo

President, Chief Executive Officer, Chief Financial Officer, Chief Accounting Officer and

Chairman of the Board of Directors of The Provo Group, Inc.

(principal executive officer, principal financial officer and principal accounting officer)

By:	/s/Caroline E. Provo

Caroline E. Provo

Director of The Provo Group, Inc.

Date: April 16, 2012

EX-4.7 2 d279855dex47.htm EX-4.7 EX-4.7

Exhibit 4.7

Form 41

DFI/CCS/Corp.

(1/97)

United States of America

State of Wisconsin

DEPARTMENT OF FINANCIAL INSTITUTIONS

To All to Whom These Presents Shall Come, Greeting:

I, Richard L. Dean, Secretary of the Department of Financial Institutions of the State of Wisconsin, do hereby certify that, effective September 1, 1984, this department became the department of record in Wisconsin for limited partnerships, and that a Certificate of Limited Partnership of

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

was duly filed in my department on NOVEMBER 20, 1987 and was thereby formed as a limited partnership, as provided by Section 179.11(2) of the Wisconsin Statutes.

I further certify that it appears from the records of this department that said organization.continued and now is duly and legally formed, organized and existing by and under the laws of this state.

Effective July 1, 1996, the Department of Financial Institutions assumed the functions previously performed by the Corporations Division of the Secretary of State and is the successor custodian of corporate records formerly held by the Secretary of State.

EX-31.1 3 d279855dex311.htm EX-31.1 EX-31.1

Exhibit 31.1

DIVALL INSURED INCOME PROPERTIES 2

LIMITED PARTNERSHIP

CERTIFICATIONS

I, Bruce A. Provo, certify that:

I have reviewed this annual report on Form 10-K of DiVall Insured Income Properties 2 Limited Partnership;

Based on my knowledge, this annual report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this annual report;

Based on my knowledge, the financial statements, and other financial information included in this annual report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this annual report;

I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a- 15(f) and 15(d)- 15(f)) for the registrant and have:

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under my supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under my supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report my conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;

Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information ; and

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


	THE PROVO GROUP, INC., General Partner

Dated: April 16, 2012	By	/s/ Bruce A. Provo
		President, Chief Executive Officer and
		Chief Financial Officer
		(principal executive officer and principal Financial officer of the registrant)

EX-32.1 4 d279855dex321.htm EX-32.1 EX-32.1

Exhibit 32.1

DIVALL INSURED INCOME PROPERTIES 2

LIMITED PARTNERSHIP

Certification of Periodic Financial Report

Pursuant to 18 U.S.C. Section 1350

Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned principal executive officer and principal financial officer of Divall Insured Income Properties 2 Limited Partnership (the “Company”) certifies that the Annual Report on Form 10-K of the Company for the year ended December 31, 2011 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and that information contained in Form 10-K fairly presents, in all material respects, the financial condition and results of operations of the Company.


		THE PROVO GROUP, INC., General Partner

Dated: April 16, 2012	By	/s/ Bruce A. Provo
		President, Chief Executive Officer and
		Chief Financial Officer
		(principal executive and principal financial officer of the registrant)

This certification is made solely for the purpose of 18 U.S.C. Section 1350, subject to the knowledge standard contained therein, and not for any other purpose.

EX-99.0 5 d279855dex990.htm EX-99.0 EX-99.0

Exhibit 99.0

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

WENDGUSTA, LLC

FINANCIAL STATEMENTS

DECEMBER 25, 2011 and DECEMBER 26, 2010

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

ADMIN@VRONAVANSCHUYLERCPA.COM

WWW.VRONAVANSCHUYLERCPA.COM

240 LONG BEACH ROAD

ISLAND PARK, NY 11558-1541

TEL: 516-670-9479

FAX: 516-670-9477

240 WEST 35TH ST. STE 300

NEW YORK. NY 10001-2506

TEL: 212-868-3750

FAX: 212-868-3727

INDEPENDENT ACCOUNTANTS’ REVIEW REPORT

The Members

Wendgusta, LLC

27 Central Avenue

Cortland, New York 13045

We have reviewed the accompanying statement of assets, liabilities and members’ capital-income tax basis of Wendgusta, LLC as of December 25, 2011 and December 26, 2010 and the related statements of revenues and expenses-income tax basis, members’ capital-income tax basis and cash flows-income tax basis for the years then ended. A review includes primarily applying analytical procedures to management’s financial data and making inquiries of company management. A review is substantially less in scope than an audit, the objective of which is the expression of an opinion regarding the financial statements as a whole. Accordingly, we do not express such an opinion.

Management is responsible for the preparation and fair presentation of the financial statements in accordance with the income tax basis for accounting and for designing, implementing, and maintaining internal control relevant to the preparation and fair presentation of the financial statements.

Our responsibility is to conduct the review in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. Those standards require us to perform procedures to obtain limited assurance that there are no material modifications that should be made to the financial statements. We believe that the results of our procedures provides a reasonable basis for our report.

Based on our review, we are not aware of any material modifications that should be made to the accompanying financial statements in order for them to be in conformity with the income tax basis of accounting, as described in Note 1.

LOGO

CERTIFIED PUBLIC ACCOUNTANTS

January 21, 2012

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendgusta, LLC

Statement of Assets, Liabilities and Members’ Capital-Income Tax Basis

December 25, 2011 and December 26, 2010


	2011		2010
ASSETS
Current assets:
Cash—(Note 1J)	$	1,200,140	$	881,913
Inventories—(Note 1C)		84,875		78,272
Prepaid expenses and other current assets		79,402		124,574
Prepaid expenses and other current assets
Total current assets		1,364,417		1,084,759

Property and equipment, net of accumulated depreciation—(Notes 1D and 2)		972,706		1,247,745

Other assets:
Goodwill, net of accumulated amortization of $1,786,986 in 2011 and $1,389,878 in 2010—(Note 1E)		4,169,641		4,566,748
Loan cost, net of accumulated amortization of $33,327 in 2011 and $25,921 in 2010—(Note 1G)		33,326		40,732
Organization and start-up cost, net of accumulated amortization of $62,483 in 2011 $48,598 in 2010 and—(Note 1F)		6, 944		20,828
Deposits		16,647		16,484

Total other assets		4,226,558		4,644,792

TOTAL ASSETS	$	6,563,681	$	6,977,296

LIABILITIES AND MEMBERS’ CAPITAL
Current liabilities:
Current maturities of long-term debt—(Note 3)	$	396,213	$	377,906
Accounts payable and accrued expenses		1,070,921		897,977

Total current liabilities		1,467,134		1,275,883
Long—term debt, less current maturities—(Note 3)		4,865,436		5,261,649

Total liabilities		6,332,570		6,537,532
Commitments and contingencies—(Notes 3,4,5 and 6)		—		—
Members’ capital—(Notes 1A, 5, 6B and 6C)		231,111		439,764

TOTAL LIABILITIES AND MEMBERS’ CAPITAL	$	6,563,681	$	6,977,296

See accountants’ review report and notes to the financial statements.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendgusta, LLC

Statement of Revenues and Expenses-Income Tax Basis

For the Years Ended December 25, 2011 and December 26, 2010


	2011			2010
Sales	$	15,103,495		$	14,715,993
Cost of sales		4,631,144			4,486,227

Gross profit		10,472,351			10,229,766

Labor expenses		4,430,800			4,351,423
Store operating and occupancy expenses		2,560,254			2,470,427
General and administrative expenses		620,209			557,601
Advertising expenses—(Note 4A)		711,221			685,875
Royalty expense—(Note 4A)		604,140			588,640
Depreciation and amortization—(Notes 1D, 1E, 1F and 1G)		1,047,442			870,210
Interest expense—(Note 3)		257,189			272,242

Total operating expenses		10,231,255			9,796,418

Operating income (loss)		241,096			433,348
Gain/(loss) on sale/(disposal) of assets		(6,047	)		(26,250	)
Other income		34,848			16,589

Excess (deficiency) of revenues over expenses—(Note 1H)	$	269,897		$	423,687

See accountants’ review report and notes to the financial statements.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendgusta, LLC

Statement of Members’ Capital—Income Tax Basis

For the Years Ended December 25, 2011 and December 26, 2010


Members’ Capital, December 27, 2009	$	498,477
Excess of revenues over expense for the year ended December 26, 2010		423,687
Distributions paid to members		(379,400	)
Purchase of member’s interest		(103,000	)

Members’ Capital, December 26, 2010		439,764
Excess of revenues over expense for the year ended December 25, 2011		269,897
Distributions paid to members		(472,750	)
Purchase of member’s interest		(5,800	)

Members’ Capital, December 25, 2011	$	231,111

See accountants’ review report and notes to the financial statements.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendgusta, LLC

Statement of Cash Flows-Income Tax Basis

For the Years Ended December 25, 2011 and December 26, 2010


	2011			2010
Cash flows from operating activities:
Excess(deficiency) of revenues over expenses	$	269,897		$	423,687

Adjustments to reconcile to net cash provided by operating activities:
Depreciation and amortization		1,047,442			870,210
Decrease (increase) in inventories		(6,603	)		(12,291	)
Decrease (increase) in prepaid expenses and other current assets		45,172			11,794
Increase (decrease) in accounts payable, accrued expenses and taxes		172,942			16,929
(Gain)/loss on (sale)/disposal of assets		6,047			26,250

Total adjustments		1,265,000			912,892

Net cash provided by operating activities		1,534,897			1,336,579

Cash flows from investing activities:
Capital expenditures, tangible and intangible assets		(360,051	)		(281,682	)

Cash flows from financing activities:
Repayments of note payable		(377,906	)		(360,445	)
Increase in deposits		(163	)		(1,752	)
Members’ distributions		(472,750	)		(379,400	)
Purchase of member’s interest		(5,800	)		(103,000	)

Net cash provided by(used in) financing activities		(856,619	)		(844,597	)

Net increase (decrease) in cash		318,227			210,300
Cash, beginning of year		881,913			671,613

Cash, end of year	$	1,200,140		$	881,913

Supplemental Information:
Interest paid during the year	$	258,681		$	273,666

See accountants’ review report and notes to the financial statements.

VRONA & VAN SCHUYLER CPAS, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 1—Summary of Significant Accounting Policies

(A)

The Company:

Wendgusta, LLC was formed on May 16, 2007 pursuant to the Georgia Limited Liability Company Act to acquire, own and operate eleven existing Wendy’s Old Fashioned Hamburger Restaurants in Augusta and Martinez, Georgia and Aiken and North Augusta, South Carolina. The restaurants were acquired from one seller for an aggregate purchase price of $7,650,000, plus various adjustments in the net aggregate amount of approximately $50,000. The Company recorded goodwill in the amount of approximately $6,527,000. The purchase price was financed principally by a $7,250,000 equipment loan from General Electric Capital Corporation, (“GECC”) with the balance provided by capital contributions of the members. The acquisition closed on July 2, 2007. (See Note 3).

In October 2007 the Company closed the Dean Bridge Road restaurant.

The Company currently operates ten restaurants, all of which are leased. (See Note 4B).

The Company is to continue in perpetuity, except it is to be dissolved as a result of the sale of all business operations or the sale of all or substantially all of its assets, in each of such cases upon the receipt of the consideration therefor in cash or the reduction to cash of non-cash consideration, or upon the occurrence of certain events as set forth in the operating agreement. (See Note 5B).

(B)

Income Tax Basis of Accounting:

The Company is treated as a partnership for federal, Georgia and South Carolina income tax purposes. The accompanying financial statements have been prepared on the basis of accounting used to prepare the Company’s federal partnership return. Such other comprehensive basis of accounting differs in certain respects from generally accepted accounting principles. Accordingly, the accompanying financial statements are not intended to present financial position and results of operations in accordance with generally accepted accounting principles.

(C)

Inventories:

Inventories represent food and supplies and are stated at cost.

(D)

Property, Equipment and Depreciation:

Property and equipment are stated at cost. Depreciation is provided by application of the straight-line and declining balance methods over depreciable lives as follows:


Leasehold improvements		15 to 39 years
Restaurant and office equipment		5 to 7 years
Automobile		5 years
Land improvements		15 years

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendgusta, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 1—Summary of Significant Accounting Policies – (Continued):

(D)

Property, Equipment and Depreciation—continued:

If it had qualifying property placed in service during the year, the Company has taken additional depreciation deductions in accordance with the federal government’s enactment of the Economic Stimulus Act of 2008, amended by the American Recovery and Reinvestment Act of 2009, the Small Business Jobs Act of 2010, and the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010.

(E)

Goodwill:

Goodwill, representing the excess of the purchase price over the fair value of the assets acquired, is amortized over fifteen years.

(F)

Organizational and Start-Up Costs:

The Company capitalized the costs incurred in the formation of the company. These costs are amortized over 5 years.

(G)

Loan Cost:

The Company capitalized the cost incurred in the obtaining the acquisition debt. These costs are amortized over 9 years. (See note 3).

(H)

Income Taxes:

The Company was organized as a Limited Liability Company under the laws of Georgia and is not subject to any federal or state income tax. For federal, Georgia and South Carolina income tax purposes, the Company is treated as a partnership. Accordingly, each member is required to report on his federal and applicable state income tax return his distributive share of all items of income, gain, loss, deduction, credit and tax preference of the Company for any taxable year, whether or not any cash distribution has been or will be made to such member.

The Company’s tax returns are subject to examination by the Federal and State taxing authorities. The tax rules and regulations governing these returns are complex, technical and subject to varying interpretations. If an examination required the Company to make adjustments, the profit or loss allocated to the members would be adjusted accordingly.

Although income tax rules are used to determine the timing of the reporting revenues and expenses, non-taxable revenues and non-deductible expenses are included in the determination of net income in the accompanying financial statements.

(I)

Fiscal Year:

The Company’s annual accounting period is a fiscal year ending on the last Sunday of December.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendgusta, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 1— Summary of Significant Accounting Policies – (Continued):

(J)

Cash:

The Company maintains its cash in various banks. The accounts at each bank are guaranteed by the Federal Deposit Insurance Corporation, to a maximum of $250,000. At any time during the year, the cash balance may exceed $250,000.

(K)

Use of Estimates:

The preparation of financial statements in conformity with the income tax accrual basis of accounting requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from these estimates.

(L)

Advertising:

The Company expenses all advertising costs when incurred.

Note 2—Property and Equipment

Property and equipment consist of the following:


	2011		2010
Restaurant and office equipment	$	1,544,910	$	1,282,563
Automobile		13,413		7,415
Leasehold improvements		1,369,814		1,318,456
Land improvements		73,735		58,826

Total		3,001,872		2,667,260
Less: Accumulated depreciation		2,029,166		1,419,515

Property and equipment, net	$	972,706	$	1,247,745

Note 3—Acquisition Debt

At the time of the acquisition closing, the Company borrowed $7,250,000 from GECC. The loan maturity date was August 1, 2016 and was payable in monthly installments assuming a 13.5 year amortization period with a balloon payment due at maturity. In December 2009 the Company made an additional principal payment of $491,190 reducing the amount owed to $6,000,000 and restructured the terms of the loan. The loan bears interest at a rate of LIBOR plus 4.5% and is payable in monthly installments based upon a 12.5 year amortization with a balloon payment of approximately $2,050,919 plus interest due on January 1, 2019.

The note agreement contains various standard affirmative and negative covenants as well as certain formula-based financial covenants. At December 26, 2010 the Company was in compliance with all terms of the loan.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendgusta, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 3—Acquisition Debt – (Continued):

The future annual principal payments are as follows:


2012	$	396,213
2013		415,407
2014		435,531
2015		456,629
2016		478,750
2017		501,942
2018		526,258
2019		2,050,919

	$	5,261,649

Note 4—Commitments and Contingencies

(A)

Franchise Agreement Commitments:

The Company is the franchisee for the ten Wendy’s restaurants it owns and operates. The franchise agreements obligate the Company to pay to Wendy’s International a monthly royalty equal to 4% of the gross sales of each restaurant, or $250, whichever is greater. The Company must also pay to Wendy’s National Advertising Program 2% of the gross sales and spend not less than 2% of the gross sales of each restaurant for local and regional advertising.

(B)

Minimum Operating Lease Commitments:

The lease for the restaurant located at 517 Martintown Road in North Augusta expires on November 6, 2021. The annual rent is $87,780. In addition the Company is required to pay percentage rent equal to 7% of gross sales in excess of $746,181.

The lease for the restaurant located at 1730 Walton Way in Augusta expires on November 6, 2021. The annual rent is $96,780. In addition the Company is required to pay percentage rent equal to 7% of gross sales in excess of $768,937.

The lease for the restaurant located at 2738 Washington Road in Augusta had a primary term that expired on October 31, 2004. The current term expires on October 31, 2014 and includes two remaining five-year renewal options. The annual rent is $71,573 for all terms of the lease. In addition the Company is required to pay percentage rent equal to 5% of gross sales in excess of $900,000.

The lease for the restaurant located at 1004 Richland Avenue in Aiken expires on November 6, 2021. The annual rent is $90,480. In addition the Company is required to pay percentage rent equal to 7% of gross sales in excess of $752,048.

The lease for the restaurant located at 3342 Wrightsboro Road in Augusta had a primary term that expired on October 31, 2004. The current term expires on October 31, 2014 and includes two remaining five-year renewal options. The annual rent is $68,581 for all terms of the lease. In addition the Company is required to pay percentage rent equal to 5% of gross sales in excess of $687,458.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendgusta, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 4—Commitments and Contingencies – (Continued):

(B)

Minimum Operating Lease Commitments—continued:

The lease for the restaurant located at 3859 Washington Road in Martinez expires on November 6, 2021. The annual rent is $84,120. In addition the Company is required to pay percentage rent equal to 7% of gross sales in excess of $860,000.

The lease for the restaurant located at 3013 Peach Orchard Road in Augusta expires on November 6, 2021. The annual rent is $86,160. In addition the Company is required to pay percentage rent equal to 7% of gross sales in excess of $744,784.

The lease for the restaurant located at 1901 Whiskey Road in Aiken expires on November 6, 2021. The annual rent is $96,780. In addition the Company is required to pay percentage rent equal to 7% of gross sales in excess of $960,000.

The lease for the restaurant located at 449 Walton Way in Augusta had a primary term that expired on February 28, 2003. The current term expires on February 28, 2013 and includes one remaining five-year renewal option. The annual rent is $96,600 for all terms of the lease. In addition the Company is required to pay percentage rent equal to 6% of gross sales less base rent.

The lease for the restaurant located at 430 South Belair Road in Augusta has a primary term that expires on November 30, 2025 and includes two five-year renewal options. The annual rent is $152,196 through November 30, 2012. At that time and on each one year anniversary thereafter, annual rent will be increased by the previous year’s annual rent multiplied by 1.5%.

The leases are all net leases and require the Company to pay real estate taxes, insurance, maintenance and other property expenses.

Rent expense was $1,278,837 in 2011 and $1,255,179 in 2010 including percentage rent of $349,849 in 2011 and $328,410 in 2010.

Future annual minimum rentals are as follows:


2012	$	931,240
2013		853,026
2014		815,887
2015		701,447
2016		691,219
Thereafter		3,774,872

	$	7,767,691

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendgusta, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 4—Commitments and Contingencies – (Continued):

(C)

Financial and Operational Advisory Services Agreement:

At the closing, the Company entered into a financial and operational advisory services agreement with its two managing members and another individual. The agreement provides for these three individuals to: (I) consult with and advise the Company on applicable financial and/or operational matters; and (ii) if required by the Company’s debt, lease or franchise agreements, to which they are signatories, to remain ready, willing and able to maintain such status for the benefit of the Company, except where such guarantees are not needed; and (iii) remain able to provide such additional personal guarantees as, within their sole discretion, may reasonably be necessary to maintain the business of the Company. The initial term ended December 31, 2010 and is automatically renewable annually thereafter, as long as the Company remains in business. The agreement also provides for the reimbursement of reasonable expenses incurred by the individuals in fulfilling their duties. Fees paid pursuant to this agreement aggregated $81,000 in 2011 and $66,000 in 2010. (See Note 6A).

Note 5—Capitalization and Operating Agreement

(A)

Capitalization:

The Company’s initial capitalization consisted of 800 units, of which 24 and 21 were sold to two managing members at $25 per unit, or $1,125 in the aggregate, and 80 units were sold to the third managing member at $125 per unit, or $10,000 in the aggregate. Of the remaining 675 units, 192 were sold at $25 per unit, or $4,800 in the aggregate, and 483 units were sold at per unit contributions of $4,500 totaling $2,173,500. All contributions totaled $2,189,425. (See Note 5B).

In 2009 the Company required each member to contribute $1,000 per unit of membership interest as an additional capital contribution. The proceeds were used in part to reduce the loan to GECC. (See Notes 3 and 6B).

(B)

Operating Agreement:

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendgusta, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 5—Capitalization and Operating Agreement – (Continued):

(B)

Operating Agreement—continued:

acting unanimously. Managers are elected by the members. Outside liens against membership interests are prohibited. For permitted transfers of membership interests, book value is equal to assets less liabilities using-the income tax method/accrual basis of accounting, except for transfers involving the interest owned by the Company’s President, in which case a special valuation adjustment is required through July 1, 2012.

Members wishing to sell their interests shall submit their request in writing, together with appropriate documentation setting forth the terms of such sale, to the managing members, who within thirty days and at their sole discretion, shall approve or disapprove of such sale. If not approved, the managing members within fourteen additional days may elect to have the Company purchase the offered units at the stated terms. Such action by the managing members is to be by simple majority. If the managing members determine that the offered interests are not to be redeemed by the Company, then the interests shall be offered to the remaining members of the Company, pro-rata at the same offered terms, who will have 14 additional days to purchase the offered shares. If the interests are not purchased by the members, then they may be sold to the third-party purchaser at the offered terms. Membership interests may also be transferred to family members or trusts or by reason of death or incompetence.

In the event of a termination of a member’s interest by death, retirement, resignation, expulsion, bankruptcy, incompetence, or in the case of a member that is not a natural person—dissolution, the Company must be dissolved unless it is continued by the consent of all the remaining members. Non-consenting members are deemed to offer and authorized representatives or trustees of deceased or bankrupt members may offer the applicable membership interest, first to the Company, and then to the consenting (continuing) members. In such case, the offered interests must be purchased by either the Company or one or more of the consenting members. Such purchases, unless made by the Company, are to be made prorata to the existing interests of purchasing members, unless they agree otherwise or there is only one purchasing member.

In any event, all offered interests of non-consenting members or by the estate, trustee, etc. of deceased or bankrupt members, etc. must be purchased by the Company or one or more consenting members or the Company must be dissolved and liquidated.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendgusta, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 6—Related Party Transactions

(A)

Financial and Operating Advisory Service Fees:

The Company paid two of its three managing members and a third individual a total of $81,000 in 2011 and $66,000 in 2010 pursuant to a financial and operational advisory services agreement. (See note 4C).

(B)

Additional Capital Contributions:

During 2009 additional capital contributions of $1,000 per unit of membership interest were received by the Company for a total of $796,000. In lieu of a cash payment, the President’s contribution was made by the issuance of a promissory note of $80,000. The note bears interest at a rate of .75% over the 12 month LIBOR rate and calls for annual payments of $12,000 beginning on January 11, 2011 until the loan is paid off. The payment is contingent upon the Company making total annual distributions of at least $430,000. If the annual distributions fall below that amount, the next loan payment will be proportionately reduced.

(C)

Other:

In July 2008 the Company redeemed one member’s .25% membership interest for $2,000.

In March 2009 the Company redeemed one member’s .13% membership interest for $2,000.

In October 2009 the Company redeemed one member’s .13% membership interest for $3,600.

In 2010 the Company redeemed four members’ 2.62% combined membership interest for an aggregate price of $103,000.

Note 7—Pension Plan

The Company maintains a qualified cash or deferred compensation plan under section 401(K) of the Internal Revenue Code. Under the plan, employees may elect to defer up to (15%) of their salary, subject to Internal Revenue Service limits. A discretionary matching contribution may be made by the Company and added to each participant’s account. Company contributions for the plan amounted to $2,299 for 2011 and $1,834 for 2010.

See accountants’ review report.

EX-99.1 6 d279855dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

WENDCHARLES I, LLC

FINANCIAL STATEMENTS

DECEMBER 25, 2011 AND DECEMBER 26, 2010

VRONA & VAN SCHUYLER CPAS, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

ADMIN@VRONAVANSCHUYLERCPA.COM

WWW.VRONAVANSCHUYLERCPA.COM

240 LONG BEACH ROAD

ISLAND PARK, NY 11558-1541

TEL: 516-670-9479

FAX: 516-670-9477

240 WEST 35TH ST. STE 300

NEW YORK. NY 10001-2506

TEL: 212-868-3750

FAX: 212-868-3727

INDEPENDENT ACCOUNTANTS’ REVIEW REPORT

The Members

Wendcharles I, LLC

27 Central Avenue

Cortland, New York 13045

We have reviewed the accompanying statement of assets, liabilities and members’ capital-income tax basis of Wendcharles I, LLC as of December 25, 2011 and December 26, 2010 and the related statements of revenues and expenses-income tax basis, members’ capital-income tax basis and cash flows-income tax basis for years then ended. A review includes primarily applying analytical procedures to management’s financial data and making inquiries of company management. A review is substantially less in scope than an audit, the objective of which is the expression of an opinion regarding the financial statements as a whole. Accordingly, we do not express such an opinion.

LOGO

CERTIFIED PUBLIC ACCOUNTANTS

January 21, 2012

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Statement of Assets, Liabilities and Members’ Capital-Income Tax Basis

December 25, 2011 and December 26, 2010


	2011		2010
ASSETS
Current assets:
Cash (Note 1I)	$	463,628	$	381,703
Inventories—(Note 1C)		100,413		84,183
Prepaid expenses and other current assets		0		1,812

Total current assets		564,041		467,698

Property and equipment—(Notes 1D and 2)		817,610		1,108,376

Other assets:
Goodwill, net of accumulated amortization of $437,843 in 2011 and $306,489 in 2010—(Note 1E)		2,189,216		2,320,570
Deferred costs, net of accumulated amortization of $52,686 in 2011 and $36,878 in 2010—(Note 1F)		50,728		66,536
Deposits		16,765		16,765

Total other assets		2,256,709		2,403,871

TOTAL ASSETS	$	3,638,360	$	3,979,945

LIABILITIES AND MEMBERS’ CAPITAL

Current liabilities:
Current maturities of long-term debt—(Note 3)	$	169,498	$	122,507
Accounts payable and accrued expenses		1,054,502		945,265

Total current liabilities		1,224,000		1,067,772
Long-term debt, less current maturities—(Note 3)		1,655,501		1,712,760

Total liabilities		2,879,501		2,780,532
Commitments and contingencies—(Notes 3, 4, 5 and 6)		—		—
Members’ capital—(Notes 1A, 5 and 6B)		758,859		1,199,413

TOTAL LIABILITIES AND MEMBERS’ CAPITAL	$	3,638,360	$	3,979,945

See accountants’ review report and notes to the financial statements.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Statement of Revenues and Expenses–Income Tax Basis

For the Years Ended December 25, 2011 and December 26, 2010


	2011			2010
Sales	$	13,659,916		$	13,378,747
Cost of sales		4,196,825			4,094,186

Gross profit		9,463,091			9,284,561

Labor expenses		4,640,763			4,688,198
Store operating and occupancy expenses		2,890,129			2,901,803
General and administrative expenses		720,688			678,493
Advertising expenses—(Note 4A)		674,827			631,966
Royalty expense—(Note 4A)		546,397			535,150
Depreciation and amortization—(Notes 1D, 1E, and 1F)		675,912			572,821
Interest expense—(Note 3)		52,783			58,359

Total operating expenses		10,201,499			10,066,790

Operating income (loss)		(738,408	)		(782,229	)
Gain/(loss) on sale/(disposal) of assets		(4,380	)		(8,047	)
Workers’ compensation refund		450,000			670,000
Other income		20,024			156,843

Excess(deficiency) of revenues over expenses—(Note 1G)	$	(272,764	)	$	36,567

See accountants’ review report and notes to the financial statements.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Statement of Members’ Capital—Income Tax Basis

For the Years Ended December 25, 2011 and December 26, 2010


Members’ Capital, December 27, 2009	$	1,346,616
Excess (deficiency) of revenues over expenses December 26, 2010		36,567
Distributions paid to members		(183,770	)

Members’ Capital, December 26, 2010		1,199,413
Excess (deficiency) of revenues over expenses December 25, 2011		(272,764	)
Distributions paid to members		(167,790	)

Members’ Capital, December 25, 2011	$	758,859

See accountants’ review report and notes to the financial statements.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Statement of Cash Flows—Income Tax Basis

For the Years Ended December 25, 2011 and December 26, 2010


	2011			2010
Cash flows from operating activities:
Excess(deficiency) of revenues over expenses	$	(272,754	)	$	36,567

Adjustments to reconcile to net cash provided by operating activities:
Depreciation and amortization		675,912			572,821
Decrease (increase) in inventories		(16,230	)		8,431
Decrease (increase) in prepaid expenses and other current assets		1,812			(1,812	)
Increase (decrease) in accounts payable, accrued expenses and taxes		109,237			(197,857	)
(Gain)/loss on (sale)/disposal of assets		4,380			8,047

Total adjustments		775,111			389,630

Net cash provided by operating activities		502,357			426,197

Cash flows from investing activities:
Capital expenditures, tangible and intangible assets		(242,374	)		(262,262	)

Net cash provided by (used in) investing activities		(242,374	)		(262,262	)

Cash flows from financing activities:
Repayments of note payable		(130,268	)		(109,657	)
Members’ distributions		(167,790	)		(183,770	)
Redemption of member’s interest		0			0
Proceeds from debt		120,000			250,000

Net cash provided by (used in) financing activities		(178,058	)		(43,427	)

Net increase (decrease) in cash		81,925			120,508
Cash, beginning of period		381,703			261,195

Cash, end of period	$	463,628		$	381,703

Additional Cash Flow Information:
Interest paid during the year	$	52,863		$	53,199

See accountants’ review report and notes to the financial statements.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 1—Summary of Significant Accounting Policies

(A)

The Company:

Wendcharles I, LLC was formed on June 24, 2008 pursuant to the South Carolina Code of Laws to acquire, own and operate eleven existing Wendy’s Old Fashioned Hamburger Restaurants in the Charleston, South Carolina metropolitan area. As part of the same overall transaction, another South Carolina limited liability company, Wendcharles II, LLC, affiliated with the Company by certain common management and ownership interests, acquired six other existing Wendy’s Old Fashioned Hamburger Restaurants in and proximate to North Charleston. The restaurants were all acquired from one unrelated seller for an aggregate purchase price of $5,760,000, less net adjustments to the Company of approximately $14,000. The Company’s recorded goodwill in the amount of approximately $4,060,000. The purchase price was financed principally by a $3,500,000 loan from Bank of America, with the balance provided by capital contributions of the members. The acquisition closed and restaurant operations commenced on September 16, 2008.

The leases for the eleven leasehold estates, all in South Carolina, were assigned to the Company from different lessors. Four locations each are in Charleston and North Charleston and three are in Mt. Pleasant as follows: Charleston: 1721 Sam Rittenberg Boulevard; 194 Cannon Street; 343 Folly Road; and 5275 International Blvd; North Charleston: 4113 Rivers Avenue; 5115 Dorchester Rd; 9145 University Blvd; and 4892 Ashley Phosphate Road; Mt Pleasant: 361 Highway 17 By-Pass; 935 Chuck Dawley Boulevard; and 596 Long Point Road. (See Note 4B).

The Company currently operates eleven restaurants, all of which are leased.

(B)

Income Tax Basis of Accounting:

The Company is treated as a partnership for Federal and South Carolina income tax purposes. The accompanying financial statements have been prepared on the basis of accounting used to prepare the Company’s federal partnership return. Such other comprehensive basis of accounting differs from generally accepted accounting principles. Accordingly, the accompanying financial statements are not intended to present financial position and results of operations in accordance with generally accepted accounting principles.

(C)

Inventories:

Inventories represent food and supplies and are stated at cost.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 1—Summary of Significant Accounting Policies – (Continued):

(D)

Property, Equipment and Depreciation:

Property and equipment are stated at cost. Depreciation is provided by application of the straight-line method over depreciable lives as follows:


Land improvements		15 years
Leasehold improvements		15 to 39 years
Restaurant equipment		5 to 7 years
Automobile		5 years

(E)

Goodwill:

Goodwill, representing the excess of the purchase price over the fair value of the assets acquired, is amortized over fifteen years.

(F)

Deferred Costs:

The Company capitalized the costs incurred in obtaining its financing and its leases. These costs are amortized over the life of the loan.

(G)

Income Taxes:

The Company was organized as a Limited Liability Company under the laws of South Carolina and is not subject to any federal or state income tax. For federal and South Carolina income tax purposes, the Company is treated as a partnership. Accordingly, each member is required to report on his federal and applicable state income tax return his distributive share of all items of income, gain, loss, deduction, credit and tax preference of the Company for any taxable year, whether or not any cash distribution has been or will be made to such member.

The Company’s tax returns are subject to examination by the Federal and State taxing authorities. The tax laws, rules and regulations governing these returns are complex, technical and subject to varying interpretations. If an examination required the Company to make adjustments, the profit or loss allocated to the members would be adjusted accordingly.

Although income tax rules are used to determine the timing of the reporting revenues and expenses, non-taxable and non-deductible expenses are included in the determination of net income in the accompanying financial statements.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 1—Summary of Significant Accounting Policies – (Continued):

(H)

Fiscal Year:

The Company’s annual accounting period is a fiscal year ending on the last Sunday of December.

(I)

Cash:

(J)

Use of Estimates:

(K)

Advertising:

The Company expenses all advertising costs when incurred.

Note 2— Property and Equipment

Property and equipment consist of the following:


	2011		2010
Land improvements	$	62,541	$	62,541
Leasehold improvements		943,511		869,747
Restaurant equipment		1,731,357		1,576,123
Construction in progress		2,416		0
Automobile		4,940		4,940

Total		2,744,765		2,513,351
Less: Accumulated depreciation		1,927,155		1,404,975

Property and equipment, net	$	817,610	$	1,108,376

Note 3—Acquisition Debt

At the closing of the purchase transaction, the Company and its affiliate, Wendcharles II, LLC, jointly obtained a $3,500,000 loan from Bank of America, with interest at a floating rate, initially equal to the thirty-day adjusted LIBOR plus 250 basis points for the period commencing on the closing date until four quarterly financial reports have been submitted and reviewed in accordance with the loan agreement and, thereafter, equal to the thirty day adjusted LIBOR plus a margin based on the funded debt to earnings before interest, taxes depreciation and amortization (“EBITDA”) ratio. Based on the relative values of the leasehold interests acquired, $1,800,000 and $1,700,000, representing 51% and 49%, respectively, of the total principal amount, were recorded on the books of the Company and its affiliate, although they are jointly and severally liable for the loan.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 3—Acquisition Debt – (Continued):

A combined initial payment of interest only of $7,277, based on LIBOR of 2.49%, set two business days before the closing date was due and paid on October 1, 2008. Beginning on November 1, 2008 and ending on August 1, 2015, monthly payments of interest and principal are due in an amount sufficient to amortize the loan over 13.5 years. LIBOR is adjusted on the first business day of each month. The loan matures on August 16, 2015. The loan may be prepaid at any time upon five days written notice, in minimum increments of $250,000, provided the Companies pay any costs incurred by the bank in the termination of any interest swap agreements between the parties.

The Loan was guaranteed by two of the Companies three managing members until the later occurrence of one year from the closing date or the date the Companies achieve a combined funded debt to EBITDA ratio of less than 3.75 to 1.00 for two consecutive quarters. (See Note 4C). The guarantee was released by the lender on March 31, 2010.

The loan is secured by all the assets of each company. The agreement contains various standard affirmative and negative covenants as well as certain formula-based covenants. At December 31, 2011, the companies were not in compliance with the formula-based covenants.

The Company’s share of the estimated aggregate annual principal amounts required on the note through maturity are as follows: 2012: $106,851; 2013: $112,491; 2014: $119,432; and 2015: $1,158,701.

On March 17, 2010, the Company borrowed $250,000 from Wen-Restaurants LLC (a related company, see note 6C) . Repayment terms are $2,440 per month including interest at 3.25% per annum. The note matures in April 2020.

Aggregate principal payments are as follows:


2012	$	22,647
2013		23,396
2014		24,168
2015		24,967
2016		25,791
Thereafter		93,222

	$	214,191

In October 2011 the Company borrowed $120,000 from M&T Bank. Repayment terms are $3,333 per month for 36 months plus interest at 3.25%.

The annual principle payments are as follows:


2012	$	40,000
2013		40,000
2014		33,333

Thereafter	$	113,333

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 4—Commitments and Contingencies

(A)

Franchise Agreement Commitments:

The Company is the franchisee for the eleven Wendy’s restaurants it owns and operates. The franchise agreements obligate the Company to pay to Wendy’s International a monthly royalty equal to 4% of the gross sales of each restaurant, or $250, whichever is greater. The Company must also pay to Wendy’s National Advertising Program 3% of the gross sales and spend not less than 1% of the gross sales of each restaurant for local and regional advertising.

(B)

Minimum Operating Lease Commitments:

The lease for the restaurant located at 1721 Sam Rittenberg Blvd in Charleston has a primary term that expires on November 6, 2021 and includes two five-year renewal options. The annual rent is $76,920 for all terms of the lease. In addition the Company is required to pay percentage rent equal to 7% of gross sales in excess of $662,665.

The lease for the restaurant located at 4113 Rivers Ave in North Charleston has a primary term that expires on March 31, 2025 and includes two five-year renewal options. The current annual rent for the lease is $103,837 through March 31, 2012. At that time and on each April 1 thereafter, annual rent will be increased by the previous year’s annual rent multiplied by 1%.

The lease for the restaurant located at 194 Canon Street in Charleston had a primary term that expired on September 14, 2004. The current term expires on September 14, 2014 and includes two remaining five-year renewal options. The annual rent is $131,560 for all terms of the lease. In addition the Company is required to pay percentage rent equal to 5% of gross sales in excess of $1,087,872.

The lease for the restaurant located at 343 Folly Road in Charleston has a primary term that expires on November 6, 2021 and includes two five-year renewal options. The annual rent is $70,200 for all terms of the lease. In addition the Company is required to pay percentage rent equal to 7% of gross sales in excess of $589,488.

The lease for the restaurant located at 5115 Dorchester Road in North Charleston has a primary term that expires on March 31, 2025 and includes two five-year renewal options. The current annual rent for the lease is $100,769 through March 31, 2012. At that time and on each April 1 thereafter, annual rent will be increased by the previous year’s annual rent multiplied by 1%.

The lease for the restaurant located at 361 Hwy 17 Bypass in Mt Pleasant has a primary term that expires on November 6, 2021 and includes two five-year renewal options. The annual rent is $77,280 for all terms of the lease. In addition the Company is required to pay percentage rent equal to 7% of gross sales in excess of $750,000.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 4—Commitments and Contingencies – (Continued):

(B)

Minimum Operating Lease Commitments – continued:

The lease for the restaurant located at 935 Chuck Dawley Blvd in Mt Pleasant had a primary term that expired on September 9, 1996. The current term expires on September 9, 2016. The annual rent is $97,020 for the remainder of the current term. In addition the Company is required to pay percentage rent equal to 6% of gross sales in excess of base rent.

The lease for the restaurant located at 9145 University Blvd in North Charleston has a primary term that expires on March 31, 2025 and includes two five-year renewal options. The current annual rent for the lease is $105,452 through March 31, 2012. At that time and on each April 1 thereafter, annual rent will be increased by the previous year’s annual rent multiplied by 1%.

The lease for the restaurant located at 4892 Ashley Phosphate Road in North Charleston has a primary term that expires on March 31, 2025 and includes two five-year renewal options. The current annual rent for the lease is $100,168 through March 31, 2012. At that time and on each April 1 thereafter, annual rent will be increased by the previous year’s annual rent multiplied by 1%.

The lease for the restaurant located at 596 Long Point Road in Mt Pleasant has a primary term that expires on March 31, 2025 and includes two five-year renewal options. The current annual rent for the lease is $97,328 through March 31, 2012. At that time and on each April 1 thereafter, annual rent will be increased by the previous year’s annual rent multiplied by 1%

The lease for the restaurant located at 5275 International Blvd in North Charleston has a primary term that expires on April 30, 2027 and includes four five-year renewal options. The current annual rent for the lease is $123,000 through June 30, 2013. At that time and on each five year anniversary thereafter, annual rent will be increased by the previous year’s annual rent multiplied by 5%.

The Company is required to pay all realty taxes, insurance, routine maintenance and common charges for the above leases.

Rent expense was $1,198,666 in 2011 and $1,178,207 in 2010 including percentage including percentage rent of $123,990 in 2011 and $110,824 in 2010.

Future annual minimum rentals are as follows:


2012	$	1,084,330
2013		1,092,488
2014		1,061,961
2015		974,323
2016		949,646
Thereafter		7,076,284

	$	12,239,032

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 4—Commitments and Contingencies – (Continued):

(C)

Financial and Operational Advisory Services Agreement:

The Company has a financial and operational advisory services agreement with three of its corporate officers. The agreement provides for these officers to: Consult with and advise the Company on applicable financial and/or operational matters and if required by the Company’s debt, lease or franchise agreements, to which they are signatories, to remain ready, willing and able to maintain such status for the benefit of the Company, except where such guarantees are not needed; and remain able to provide such additional personal guarantees as, within their sole discretion, may reasonably be necessary to maintain the business of the Company. The initial term expires December 2011, and is automatically renewable annually thereafter, as long as the Company remains in business. The agreement also provides for the reimbursement of reasonable expenses incurred by the individuals in fulfilling their duties. The aggregate annual fee under this agreement is $42,000. (See Note 6).

Note 5—Capitalization and Operating Agreement

(A)

Capitalization:

The Company’s initial capitalization consisted of 800 units, of which 42 and 32 were sold to two managing members at $100 per unit, or $ 7,400 in the aggregate, and 80 units were sold to the third managing member at $125 per unit, or $10,000 in the aggregate. Of the remaining 646 units, 67 were sold at $100 per unit, or $6,700 in the aggregate, and 579 units were sold at per unit contributions of $4,700 totaling $2,721,300. All contributions totaled $2,745,400. (See Note 5B).

(B)

Operating Agreement:

All purchasers of membership interests are parties to the Company’s operating agreement which provides for the capitalization and operation of the Company, distributions to members and transfers of interests. Members’ consents representing 75% of all membership interests are required for the following actions: Change in the operating agreement; voluntary dissolution; sale or exchange of substantially all assets; merger or consolidation; incurrence of debt or refinancing other than in the ordinary course of business or in connection with entering new or unrelated businesses; and removal of a manager, for cause. Members are not required to make up negative capital accounts. Distributions either from cash flow generated by operations or capital transactions (as defined) other than capital contributions are made at the sole discretion of the managers, acting unanimously. Managers are elected by the members. Outside liens against membership interests are prohibited. For permitted transfers of membership interests, book value is equal to assets less liabilities using the income tax method/accrual basis of accounting, except for transfers involving the interest owned by the Company’s President, in which case a special valuation adjustment is required through August 2013.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 5—Capitalization and Operating Agreement – (Continued):

(B)

Operating Agreement:

Members wishing to sell their interests shall submit their request in writing, together with appropriate documentation setting forth the terms of such sale, to the managing members, who within thirty days and at their sole discretion, shall approve or disapprove of such sale. If not approved, the managing members within fourteen additional days may elect to have the Company purchase the offered units at the stated terms. Such action by the managing members is to be by simple majority. If the managing members determine that the offered interests are not to be redeemed by the Company, then the interests shall be offered to the remaining members of the Company, pro-rata at the same offered terms, who will have 14 additional days to purchase the offered shares. If the interests are not purchased by the members, then they may be sold to the third-party purchaser at the offered terms, but the purchaser must become bound by the terms of the operating agreement. Membership interests may also be transferred to family members or trusts or by reason of death or incompetence.

Note 6—Related Party Transactions

(A)

Financial and Operational Advisory Services:

The Company paid two of its three managing members and a third individual a total of $42,000 in 2011 and $42,000 in 2010 pursuant to a financial and operational advisory services agreement.

(B)

Redemption of Membership Interest:

In October 2009 the Company redeemed one member’s .125% membership interest for $2,000.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles I, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 6—Related Party Transactions – (Continued):

(C)

Note Payable:

In March 2010 the Company borrowed $250,000 from Wen-Restaurants Associates L.P. Both Companies have common owners but are not under common control.

Note 7—Pension Plan

Note 8—Subsequent Event

On December 26, 2011 the restaurant located at 1721 Sam Rittenberg Blvd in Charleston was sold by the Company to it’s affiliate Wendcharles II for $66,922 representing the net asset value of the restaurant.

See accountants’ review report.

EX-99.2 7 d279855dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

WENDCHARLES II, LLC

FINANCIAL STATEMENTS

December 25, 2011 and DECEMBER 26, 2010

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

ADMIN@VRONAVANSCHUYLERCPA.COM

WWW.VRONAVANSCHUYLERCPA.COM

INDEPENDENT ACCOUNTANTS’ REVIEW REPORT

The Members

Wendcharles II, LLC

27 Central Avenue

Cortland, New York 13045

We have reviewed the accompanying statement of assets, liabilities and members’ capital-income tax basis of Wendcharles II, LLC as of December 25, 2011 and December 26, 2010 and the related statements of revenues and expenses-income tax basis, members’ capital-income tax basis and cash flows-income tax basis for the years then ended. A review includes primarily applying analytical procedures to management’s financial data and making inquiries of company management. A review is substantially less in scope than an audit, the objective of which is the expression of an opinion regarding the financial statements as a whole. Accordingly, we do not express such an opinion.

LOGO

CERTIFIED PUBLIC ACCOUNTANTS

January 21, 2012

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles II, LLC

Statement of Assets, Liabilities and Members’ Capital-Income Tax Basis

December 25, 2011 and December 26, 2010


	2011		2010
ASSETS
Current assets:
Cash (Note 1I)	$	344,168	$	294,080
Inventories—(Note 1C)		49,701		38,660
Prepaid expenses and other current assets		0		298

Total current assets		393,869		333,038

Property and equipment—(Notes 1D and 2)		511,567		670,499

Other assets:
Goodwill, net of accumulated amortization of $318,430 in 2011 and $222,901 in 2010—(Note 1E)		1,114,511		1,210,040
Deferred costs, net of accumulated amortization of $28,894 in 2011 and $20,524 in 2010—(Note 1F)		33,429		41,799
Deposits		9,585		9,585

Total other assets		1,157,525		1,261,424

TOTAL ASSETS	$	2,062,961	$	2,264,961


LIABILITIES AND MEMBERS’ CAPITAL

Current liabilities:
Current maturities of long-term debt—(Note 3)	$	117,581	$	96,877
Accounts payable and accrued expenses		559,969		470,278

Total current liabilities		677,550		567,155
Long-term debt, less current maturities—(Note 3)		1,343,899		1,413,410

Total liabilities		2,021,449		1,980,565
Commitments and contingencies—(Notes 3, 4, 5 and 6)		—		—
Members’ capital—(Notes 1A, 5 and 6B)		41,512		284,396

TOTAL LIABILITIES AND MEMBERS’ CAPITAL	$	2,062,961	$	2,264,961

See accountants’ review report and notes to the financial statements.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles II, LLC

Statement of Revenues and Expenses-Income Tax Basis

For the Years Ended December 25, 2011 and December 26, 2010


	2011			2010
Sales	$	7,512,661		$	7,343,782
Cost of sales		2,340,316			2,269,948

Gross profit		5,172,345			5,073,834

Labor expenses		2,379,330			2,409,424
Store operating and occupancy expenses		1,592,350			1,564,054
General and administrative expenses		383,048			345,351
Advertising expenses—(Note 4A)		340,609			337,727
Royalty expense—(Note 4A)		300,509			293,748
Depreciation and amortization—(Notes 1D, 1E and 1F)		396,832			307,899
Interest expense—(Note 3)		42,155			45,315

Total operating expenses		5,434,833			5,303,518

Operating income (loss)		(262,488	)		(229,684	)
Gain/(loss) on sale/(disposal) of assets		(3,569	)		10,742
Workers’ Compensation Refund		250,000			425,000
Other income		14,073			2,968

Excess (deficiency) of revenues over expenses—(Note 1G)	$	(1,984	)	$	209,026

See accountants’ review report and notes to the financial statements.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles II, LLC

Statement of Members’ Capital-Income Tax Basis

For the Years Ended December 25, 2011 and December 26, 2010


Members’ capital, December 27, 2009	$	300,370
Excess of revenues (deficit) over expenses for the period ended December 26, 2010		209,026
Distributions paid to members		(223,500	)
Redemption of member’s interest		(1,500	)

Members’ capital, December 26, 2010		284,396
Excess of revenues (deficit) over expenses for the period ended December 25, 2011		(1,984	)
Distributions paid to members		(239,400	)
Redemption of member’s interest		(1,500	)

Members’ capital, December 25, 2011	$	41,512

See accountants’ review report and notes to the financial statements.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles II, LLC

Statement of Cash Flows-Income Tax Basis

For the Years Ended December 25, 2011 and December 26, 2010


	2011			2010
Cash flows from operating activities:
Excess (deficiency) of revenues over expenses	$	(1,984	)	$	209,026

Adjustments to reconcile to net cash provided by operating activities:
Depreciation and amortization		396,832			307,899
Decrease (increase) in inventories		(11,041	)		1, 961
Decrease (increase) in prepaid expenses and other current assets		298			(298	)
Increase (decrease) in accounts payable, accrued expenses and taxes		89,691			(25,050	)
(Gain)/loss on (sale)/disposal of assets		3,569			(10,742	)

Total adjustments		479,349			273,770

Net cash provided by operating activities		477,365			482,796

Cash flows from investing activities:
Capital expenditures, tangible and intangible assets		(137,570	)		(69,331	)
Proceeds from sale of asset		0			25,000

Net cash provided by (used in) investing activities		(137,570	)		(44,331	)

Cash flows from financing activities:		(98,807	)		(90,450	)
Repayments of note payable		(239,400	)		(223,500	)
Members’ distributions		(1,500	)		(1,500	)
Redemption of member’s interest Proceeds from loan		50,000			0

Net cash provided by (used in) financing activities		(289,707	)		(315,450	)

Net increase (decrease) in cash		50,088			123,015
Cash, beginning of period		294,080			171,065

Cash, end of period	$	344,168		$	294,080

Supplemental Information:
Interest paid during the year	$	41,954		$	45,030

See accountants’ review report and notes to the financial statements.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles II, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 1—Summary of Significant Accounting Policies

(A)

The Company:

Wendcharles II, LLC was formed on June 24, 2008 pursuant to the South Carolina Code of Laws to acquire, own and operate six existing Wendy’s Old Fashioned Hamburger Restaurants in the Charleston, South Carolina metropolitan area. As part of the same overall transaction, another South Carolina limited liability company, Wendcharles I, LLC, affiliated with the Company by certain common management and ownership interests, acquired eleven other existing Wendy’s Old Fashioned Hamburger Restaurants in and proximate to North Charleston. The restaurants were all acquired from one unrelated seller for an aggregate purchase price of $5,760,000, less net adjustments to the Company of approximately $14,000. The Company’s recorded goodwill in the amount of approximately $4,060,000. The purchase price was financed principally by a $3,500,000 loan from Bank of America, with the balance provided by capital contributions of the members. The acquisition closed and restaurant operations commenced on September 16, 2008.

The leases for the six leasehold estates, all in South Carolina, were assigned to the Company from different lessors. Two locations each are in Goose Creek and Summerville and one each is in North Charleston and Moncks Corner as follows: Goose Creek: 101 Red Bank Road; and 601 St. James Avenue; Summerville: 740 North Main Street; and 10012 Dorchester Road; North Charleston: 7440 Northwoods Boulevard; and Moncks Corner: 515 North Highway 52.

The Company currently operates six restaurants, all of which are leased. (See Note 4B).

(B)

Income Tax Basis of Accounting:

The Company is treated as a partnership for federal and South Carolina income tax purposes. The accompanying financial statements have been prepared on the basis of accounting used to prepare the Company’s federal partnership return. Such other comprehensive basis of accounting differs in certain respects from generally accepted accounting principles. Accordingly, the accompanying financial statements are not intended to present financial position and results of operations in accordance with generally accepted accounting principles.

(C)

Inventories:

Inventories represent food and supplies and are stated at cost.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles II, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 1—Summary of Significant Accounting Policies – (Continued):

(D)

Property, Equipment and Depreciation:

Property and equipment are stated at cost. Depreciation is provided by application of the straight-line method over depreciable lives as follows:


Land improvements		15 to 39 years
Leasehold improvements		15 to 39 years
Restaurant equipment		5 to 7 years

(E)

Goodwill:

Goodwill, representing the excess of the purchase price over the fair value of the assets acquired, is amortized over fifteen years.

(F)

Deferred Costs:

The Company capitalized the costs incurred in obtaining its financing and its leases. These costs are amortized over the life of the loan.

(G)

Income Taxes:

Although income tax rules are used to determine the timing of the reporting of revenues and expenses, non-taxable revenues and non-deductible expenses are included in the determination of net income in the accompanying financial statements.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles II, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 1—Summary of Significant Accounting Policies – (Continued):

(H)

Fiscal Year:

The Company’s annual accounting period is a fiscal year ending on the last Sunday of December.

(I)

Cash:

(J)

Use of Estimates:

The preparation of financial statements in conformity with the income tax basis of accounting requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from these estimates.

(K)

Advertising:

The Company expenses all advertising costs when incurred.

Note 2—Property and Equipment

Property and equipment consist of the following:


	2011		2010
Land improvements	$	160,325	$	150,624
Leasehold improvements		520,764		511,804
Restaurant equipment		1,020,519		911,470

Total		1,701,608		1,573,898
Less: Accumulated depreciation		1,190,041		903,399

Property and equipment, net	$	511,567	$	670,499

Note 3—Acquisition Debt

At the closing of the purchase transaction, the Company and its affiliate, Wendcharles I, LLC, jointly obtained a $3,500,000 loan from Bank of America, with interest at a floating rate, initially equal to the thirty-day adjusted LIBOR plus 250 basis points for the period commencing on the closing date until four quarterly financial reports have been submitted and reviewed in accordance with the loan agreement and, thereafter, equal to the thirty day adjusted LIBOR plus a margin based on the funded debt to earnings before interest, taxes depreciation and amortization (“EBITDA”) ratio. Based on the relative values of the leasehold interests acquired, $1,800,000 and $1,700,000, representing 51% and 49%, respectively, of the total principal amount, were recorded on the books of the Company and its affiliate, although they are jointly and severally liable for the loan.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles II, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 3—Acquisition Debt – (Continued):

The Company’s share of the estimated aggregate annual principal amounts required on the note through maturity are as follows: 2012: $100,914; 2013: $108,080; 2014: $114,748; and 2015: $1,090,516.

In October 2011 the Company borrowed $50,000 from M&T Bank for restaurant equipment. Repayment terms are monthly payments of $1,388 plus interest at 3.24% for 36 months.

Future annual principal payments are as follows:


2012	$	16,667
2013		16,667
2014		13,888

	$	47,222

Note 4—Commitments and Contingencies

(A) Franchise Agreement Commitments:

The Company is the franchisee for the six Wendy’s restaurants it owns and operates. The franchise agreements obligate the Company to pay to Wendy’s International a monthly royalty equal to 4% of the gross sales of each restaurant, or $250, whichever is greater. The Company must also pay to Wendy’s National Advertising Program 3% of the gross sales and spend not less than 1% of the gross sales of each restaurant for local and regional advertising.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles II, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 4—Commitments and Contingencies – (Continued):

(B) Minimum Operating Lease Commitments:

The lease for the restaurant located at 101 Red Bank Road in Goose Creek has a primary term that expires on November 8, 2020 and includes two ten-year renewal options. The current annual rent for the lease is $119,070 through November 8, 2015. At that time and on each five year anniversary thereafter, annual rent will be increased by the previous year’s annual rent multiplied by 5%. In addition the Company is required to pay percentage rent equal to 6% of gross sales in excess of base rent.

The lease for the restaurant located at 740 North Main Street in Summerville had a primary term that expired on June 20, 2004. The current term expires on June 20, 2014 and includes two remaining five-year renewal options. The annual rent is $67,628 for all terms of the lease.

The lease for the restaurant located at 1295 West Dorchester Road in Summerville had a primary term that expired on April 30, 1995. The current term expires on April 30, 2015. The annual rent is $56,012 for all terms of the lease. In addition the Company is required to pay percentage rent equal to 6% of gross sales in excess of base rent.

The lease for the restaurant located at 7440 Northwoods Blvd in North Charleston has a primary term that expires on November 8, 2020 an includes two ten year renewal options. The current annual rent for the lease is $123,237 through November 30, 2015. At that time and on each five year anniversary thereafter, annual rent will be increased by the previous year’s annual rent multiplied by 5%. In addition the Company is required to pay percentage rent equal to 6% of gross sales in excess of base rent.

The lease for the restaurant located at 601 St. James Avenue in Goose Creek has a primary term that expires on March 31, 2025 and includes two five-year renewal options. The current annual rent for the lease is $105,875 through March 31, 2011. At that time and on each April 1 thereafter, annual rent will be increased by the previous year’s annual rent multiplied by 1%.

The lease for the restaurant located at 515 North Highway 52 in Moncks Corner has a primary term that expires on November 30, 2025 and includes two five-year renewal options. The current annual rent for the lease is $124,911 through November 30, 2015. At that time and on each December 1 thereafter, annual rent will be increased by the previous year’s annual rent multiplied by 1.5%.

The Company is required to pay all realty taxes, insurance, routine maintenance and common charges for the above leases.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles II, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 4—Commitments and Contingencies – (Continued):

(B) Minimum Operating Lease Commitments:

Rent expense was $620,867 in 2011 and $605,047 in 2010 including percentage rent of $24,239 in 2011 and $21,544 in 2010.

Future annual minimum rentals are as follows:


2012		599,556
2013		602,526
2014		569,844
2015		504,990
2016		500,152
Thereafter		3,234,189

	$	6,011,257

Note 5—Capitalization and Operating Agreement

(A) Capitalization:

The Company’s initial capitalization consisted of 800 units, of which 42 and 32 were sold to two managing members at $100 per unit, or $7,400 in the aggregate, and 64 units were sold to the third managing member at $156 per unit, or $10,000 in the aggregate. Of the remaining 646 units, 83 were sold at $100 per unit, or $8,300 in the aggregate, and 579 units were sold at per unit contributions of $2,300 totaling $1,331,700. All contributions totaled $1,357,400. (See Note 5B).

(B) Operating Agreement:

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles II, LLC

Notes to the Financial Statements

December 25, 2011 and December 25, 2010

Note 5—Capitalization and Operating Agreement – (Continued):

(B) Operating Agreement-continued:

Distributions either from cash flow generated by operations or capital transactions (as defined) other than capital contributions are made at the sole discretion of the managers, acting unanimously. Managers are elected by the members. Outside liens against membership interests are prohibited. For permitted transfers of membership interests, book value is equal to assets less liabilities using the income tax method/accrual basis of accounting, except for transfers involving the interest owned by the Company’s President, in which case a special valuation adjustment is required through August 2013.

Members wishing to sell their interests shall submit their request in writing, together with appropriate documentation setting forth the terms of such sale, to the managing members, who within thirty days and at their sole discretion, shall approve or disapprove of such sale. If not approved, the managing members within fourteen additional days may elect to have the Company purchase the offered units at the stated terms. Such action by the managing members is to be by simple majority. If the managing members determine that the offered interests are not to be redeemed by the Company, then the interests shall be offered to the remaining members of the Company, pro-rata at the same offered terms, who will have 14 additional days to purchase the offered shares. If the interests are not purchased by the members, then they may be sold to the third-party purchaser at the offered terms, but the purchaser must become bound by the terms of the operating agreement. Membership interests may also be transferred to family members or trusts or by reason of death or incompetence.

In the event of a termination of a member’s interest by death, retirement, resignation, expulsion, bankruptcy, incompetence, or in the case of a member that is not a natural person – dissolution, the Company must be dissolved unless it is continued by the consent of all the remaining members. Non-consenting members are deemed to offer and authorized representatives or trustees of deceased or bankrupt members may offer the applicable membership interest, first to the Company, and then to the consenting (continuing) members. In such case, the offered interests must be purchased by either the Company or one or more of the consenting members. Such purchases, unless made by the Company, are to be made pro-rata to the existing interests of purchasing members, unless they agree otherwise or there is only one purchasing member.

See accountants’ review report.

VRONA & VAN SCHUYLER CPAs, PLLC

CERTIFIED PUBLIC ACCOUNTANTS

Wendcharles II, LLC

Notes to the Financial Statements

December 25, 2011 and December 26, 2010

Note 6—Related Party Transactions

(A) Financial and Operating Advisory Service Fees:

The Company paid two of its three managing members and a third individual a total of $18,000 in 2011 and $18,000 in 2010 pursuant to a financial and operational advisory services agreement.

(B) Other:

In March 2009 the Company redeemed one member’s .13% membership interest for $500.

In January 2010 the Company redeemed one member’s .13% membership interest for $1,500.

In December 2011 the Company redeemed one member’s .13% membership interest for $1,500.

Note 7—Pension Plan

Note 8—Subsequent Event

On December 26, 2011 the restaurant located at 1721 Sam Rittenberg Blvd in Charleston was purchased by the Company from it’s affiliate Wendcharles I for $66,922 representing the net asset value of the restaurant.

See accountants’ review report.

EX-101.INS 8 cik0000825788-20111231.xml XBRL INSTANCE DOCUMENT 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:LimitedPartnerMember 2011-01-01 2011-12-31 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:GeneralPartnerMember 2011-01-01 2011-12-31 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:LimitedPartnerMember 2010-01-01 2010-12-31 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:GeneralPartnerMember 2010-01-01 2010-12-31 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:LimitedPartnerMember 2009-01-01 2009-12-31 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:GeneralPartnerMember 2009-01-01 2009-12-31 0000825788 cik-000082578:ReallocationMember us-gaap:LimitedPartnerMember 2011-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:LimitedPartnerMember 2011-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:GeneralPartnerMember 2011-12-31 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:LimitedPartnerMember 2011-12-31 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:GeneralPartnerMember 2011-12-31 0000825788 cik-000082578:CapitalContributionsNetOfOfferingCostsMember us-gaap:LimitedPartnerMember 2011-12-31 0000825788 us-gaap:LimitedPartnerMember 2011-12-31 0000825788 us-gaap:GeneralPartnerMember 2011-12-31 0000825788 cik-000082578:ReallocationMember us-gaap:LimitedPartnerMember 2010-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:LimitedPartnerMember 2010-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:GeneralPartnerMember 2010-12-31 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:LimitedPartnerMember 2010-12-31 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:GeneralPartnerMember 2010-12-31 0000825788 cik-000082578:CapitalContributionsNetOfOfferingCostsMember us-gaap:LimitedPartnerMember 2010-12-31 0000825788 us-gaap:LimitedPartnerMember 2010-12-31 0000825788 us-gaap:GeneralPartnerMember 2010-12-31 0000825788 cik-000082578:ReallocationMember us-gaap:LimitedPartnerMember 2009-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:LimitedPartnerMember 2009-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:GeneralPartnerMember 2009-12-31 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:LimitedPartnerMember 2009-12-31 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:GeneralPartnerMember 2009-12-31 0000825788 cik-000082578:CapitalContributionsNetOfOfferingCostsMember us-gaap:LimitedPartnerMember 2009-12-31 0000825788 us-gaap:LimitedPartnerMember 2009-12-31 0000825788 us-gaap:GeneralPartnerMember 2009-12-31 0000825788 cik-000082578:ReallocationMember us-gaap:LimitedPartnerMember 2008-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:LimitedPartnerMember 2008-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:GeneralPartnerMember 2008-12-31 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:LimitedPartnerMember 2008-12-31 0000825788 cik-000082578:CumulativeCashDistributionsMember us-gaap:GeneralPartnerMember 2008-12-31 0000825788 cik-000082578:CapitalContributionsNetOfOfferingCostsMember us-gaap:LimitedPartnerMember 2008-12-31 0000825788 us-gaap:LimitedPartnerMember 2008-12-31 0000825788 us-gaap:GeneralPartnerMember 2008-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:LimitedPartnerMember 2011-01-01 2011-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:GeneralPartnerMember 2011-01-01 2011-12-31 0000825788 us-gaap:LimitedPartnerMember 2011-01-01 2011-12-31 0000825788 us-gaap:GeneralPartnerMember 2011-01-01 2011-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:LimitedPartnerMember 2010-01-01 2010-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:GeneralPartnerMember 2010-01-01 2010-12-31 0000825788 us-gaap:LimitedPartnerMember 2010-01-01 2010-12-31 0000825788 us-gaap:GeneralPartnerMember 2010-01-01 2010-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:LimitedPartnerMember 2009-01-01 2009-12-31 0000825788 cik-000082578:CumulativeNetIncomeMember us-gaap:GeneralPartnerMember 2009-01-01 2009-12-31 0000825788 us-gaap:LimitedPartnerMember 2009-01-01 2009-12-31 0000825788 us-gaap:GeneralPartnerMember 2009-01-01 2009-12-31 0000825788 2009-12-31 0000825788 2008-12-31 0000825788 2012-01-17 0000825788 2011-12-31 0000825788 2010-12-31 0000825788 2011-01-01 2011-12-31 0000825788 2010-01-01 2010-12-31 0000825788 2009-01-01 2009-12-31 xbrli:shares iso4217:USD xbrli:shares iso4217:USD

10000

10500

39358468

44.30

25.39

22.26

451387

451961

<div> 10. FORMER GENERAL PARTNERS' CAPITAL ACCOUNTS: The capital account balance of the former general partners as of May 26, 1993, the date of their removal as general partners pursuant to the results of a solicitation of written consents from the Limited Partners, was a deficit of $840,229. At December 31, 1993, the former general partners' deficit capital account balance in the amount of $840,229 was reallocated to the Limited Partners. </div>

2422

6509

14888

-12287

1023

740

574

9000

1148

20876

19273

1907449

2348766

-840229

11476

12429

7464

1427925

1425617

1456112

459

497

299

300000

<div> 7. TRANSACTIONS WITH OWNERS WITH GREATER THAN TEN PERCENT BENEFICIAL INTERESTS: As of December 31, 2011, Advisory Board Member, Jesse Small, owns beneficially greater than ten percent of the Partnership's Units. As of December 31, 2011, Advisory Board Member, Jesse Small, is a greater than ten percent beneficial unit holder. Amounts paid to Mr. Small for the fiscal years ended December 31, 2011, 2010, and 2009 are as follows:   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="84%" align="center"> <tr><td width="61%"> </td> <td valign="bottom" width="9%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="9%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="9%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Incurred for the Year ended December 31, 2011</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Incurred for the Year ended December 31, 2010</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Incurred for the Year ended December 31, 2009</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Advisory Board Fees paid</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,500</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,500</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,000</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr><td valign="top"> </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,500</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,500</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,000</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr></table> At December 31, 2011 and 2010, there were no outstanding Advisory Board Fees accrued and payable to Jesse Small. </div>

false --12-31 FY 2011 2011-12-31 10-K 0000825788 0 Yes Smaller Reporting Company 0 DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP No No

403913

430048

20098

14586

19385

29242

29021

50000

494822

7461780

6648808

<div> 9. PMA INDEMNIFICATION TRUST: The PMA provides that TPG will be indemnified from any claims or expenses arising out of or relating to TPG serving in such capacity or as substitute general partner, so long as such claims do not arise from fraudulent or criminal misconduct by TPG. The PMA provides that the Partnership fund this indemnification obligation by establishing a reserve of up to $250,000 of Partnership assets which would not be subject to the claims of the Partnership's creditors. An Indemnification Trust ("Trust") serving such purposes has been established at United Missouri Bank, N.A. The corpus of the Trust has been fully funded with Partnership assets. Funds are invested in U.S. Treasury securities. In addition, $201,961 of earnings has been credited to the Trust as of December 31, 2011. The rights of TPG to the Trust will be terminated upon the earliest to occur of the following events: (i) the written release by TPG of any and all interest in the Trust; (ii) the expiration of the longest statute of limitations relating to a potential claim which might be brought against TPG and which is subject to indemnification; or (iii) a determination by a court of competent jurisdiction that TPG shall have no liability to any person with respect to a claim which is subject to indemnification under the PMA. At such time as the indemnity provisions expire or the full indemnity is paid, any funds remaining in the Trust will revert back to the general funds of the Partnership. </div>

1528935

551373

427973

771250

-977562

-123400

343277

<div> 8. CONTINGENT LIABILITIES: According to the Partnership Agreement, as amended, TPG, as General Partner, may receive a disposition fee not to exceed three percent of the contract price on the sale of the three original Partnerships' properties (See Note 2 for further information as to the original partnerships). In addition, fifty percent of all such disposition fees earned by TPG were to be escrowed until the aggregate amount of recovery of the funds misappropriated from the Partnerships by the former general partners was greater than $4,500,000. Upon reaching such recovery level, full disposition fees would thereafter be payable and fifty percent of the previously escrowed amounts would be paid to TPG. At such time as the recovery exceeded $6,000,000 in the aggregate, the remaining escrowed disposition fees were to be paid to TPG. If such levels of recovery were not achieved, TPG would contribute the amounts escrowed toward the recovery until the Partnership's were made whole. In lieu of a disposition fee escrow, the fifty percent of all such disposition fees previously discussed were paid directly to a restoration account and then distributed among the three original Partnerships; whereby the Partnerships recorded the recoveries as income (Note 2). After the recovery level of $4,500,000 was exceeded, fifty percent of the total disposition fee amount paid to the Partnerships recovery through the restoration account (in lieu of the disposition fee escrow) was refunded to TPG during March 1996. The remaining fifty percent amount allocated to the Partnership through the restoration account, and which was previously reflected as Partnership recovery income, may be owed to TPG if the $6,000,000 recovery level is met. As of December 31, 2011, the Partnership may owe TPG $16,296 if the $6,000,000 recovery level is achieved. TPG does not expect any future refund, as it is uncertain that such a $6,000,000 recovery level will be achieved. </div>

255844

221789

12217

1767

5000

149894

150106

213851

209284

203868

1825

1757

40417

28130

<div> 12. FAIR VALUE DISCLOSURES The Partnership has determined the fair value based on hierarchy that gives the highest priority to quoted prices in active markets for identical assets and liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). Inputs are broadly defined as assumptions market participants would use in pricing an asset or liability. The three levels of the fair value hierarchy under the accounting principle are described below:   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="6%"> </td> <td valign="top" width="7%" align="left">Level 1.</td> <td valign="top" align="left">Quoted prices in active markets for identical assets or liabilities. </td></tr></table>   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="6%"> </td> <td valign="top" width="7%" align="left">Level 2.</td> <td valign="top" align="left">Quoted prices for similar investments in active markets, quoted prices for identical or similar investments in markets that are not active, and inputs other than quoted prices that are observable for the investment. </td></tr></table>   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="6%"> </td> <td valign="top" width="7%" align="left">Level 3.</td> <td valign="top" align="left">Unobservable inputs for which there is little, if any, market activity for the investment. The inputs into the determination of fair value are based upon the best information in the circumstances and may require significant management judgment or estimation and the use of discounted cash flow models to value the investment. </td></tr></table> The fair value hierarchy is based on the lowest level of input that is significant to the fair value measurements. The Partnership's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the investment. The Partnership assesses the levels of the Investments at each measurement date, and transfers between levels are recognized on the actual date of the event or change in circumstances that caused the transfer in accordance with the Partnership's accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. For the years ended December 31, 2011 and 2010, there were no such transfers. Fair Value on a Nonrecurring Basis- Vacant and formerly owned Denny's, Phoenix, AZ Properties Certain assets and liabilities are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). The following table presents the assets and liabilities carried on the balance sheet by caption and by level within the fair valuation hierarchy (as described above) as of December 31, 2011, for which a nonrecurring change in fair values were recorded during the fiscal year 2011 for the formerly owned Denny's, Phoenix, AZ property (sold on November 23, 2011) and the vacant Phoenix, AZ property.   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr><td width="58%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom" colspan="2"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom" colspan="2"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom" colspan="2"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom" colspan="2"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom" colspan="2" align="center">Incurred for the Year Ended</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center">Incurred for the Year Ended</td> <td valign="bottom"> </td></tr> <tr><td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="14" align="center">Carrying Value at December 31, 2011</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">December 31, 2011</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">December 31, 2010</td> <td valign="bottom"> </td></tr> <tr><td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Total</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Level 1</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Level 2</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Level 3</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Total Losses</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Total Losses</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Formerly owned Denny's, Phoenix, AZ property</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">(104,705</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Vacant Phoenix, AZ Property</td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom" nowrap="nowrap" align="right">150,000</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom" nowrap="nowrap" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom" nowrap="nowrap" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom" nowrap="nowrap" align="right">150,000</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom" nowrap="nowrap" align="right">(390,117</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom" nowrap="nowrap" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Total properties</td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap">$</td> <td valign="bottom" nowrap="nowrap" align="right">150,000</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap">$</td> <td valign="bottom" nowrap="nowrap" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap">$</td> <td valign="bottom" nowrap="nowrap" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap">$</td> <td valign="bottom" nowrap="nowrap" align="right">150,000</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap">$</td> <td valign="bottom" nowrap="nowrap" align="right">(494,822</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom" nowrap="nowrap">$</td> <td valign="bottom" nowrap="nowrap" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr></table> Investment property measured at fair value on a nonrecurring basis relates to land, building and improvements that were held for investment or held for sale. Losses of $494,822 represent property impairment charges related to the vacant Phoenix, AZ property and the formerly owned Denny's, Phoenix, AZ property recorded during the fiscal year 2011. The fair value of these assets was determined by Management and incorporates Management's knowledge of comparable properties, past experience and future expectations.   There was no fair value adjustment in the fiscal year ended December 31, 2010. For the fiscal year ended December 31, 2009, total losses of $50,000 represent an impairment charge related to the Park Forest property recorded in 2009. </div>

28604

6562

-1227

102635

65594

63355

183493

183168

-3290

-3260

-3081

128871

131952

312364

315120

691148

760507

754133

14.79

16.27

16.13

80926

54496

-478490

1.73

1.16

-10.23

-27100

9003

36081

-48415

6952

-3217

-10162

-5760

-10450

5000

-2646

-68

-927

-22543

1034

-15658

-1445

-24383

-5000

-18000

5879051

5028699

3498

2638

2462

3853775

2956118

<div> 5. LEASES: Original lease terms for the majority of the Properties were generally five to twenty years from their inception. The leases generally provide for minimum rents and additional rents based upon percentages of gross sales in excess of specified breakpoints. The lessee is responsible for occupancy costs such as maintenance, insurance, real estate taxes, and utilities. Accordingly, these amounts are not reflected in the statements of income except in circumstances where, in Management's opinion, the Partnership will be required to pay such costs to preserve its assets (i.e., payment of past-due real estate taxes). Management has determined that the leases are properly classified as operating leases; therefore, rental income is reported when earned on a straight-line basis and the cost of the property, excluding the cost of the land, is depreciated over its estimated useful life. As of December 31, 2011, the aggregate minimum operating lease payments to be received under the current operating leases for the Partnership's Properties are as follows:   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="68%" align="center"> <tr><td width="85%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Year ending December 31,</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> 2012</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,005,830</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> 2013</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">892,500</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> 2014</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">856,500</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> 2015</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">826,500</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> 2016</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">813,882</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Thereafter</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">3.399.543</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr><td valign="top"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">7,794,755</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr></table> Operating percentage rents included in operating rental income in 2011, 2010, and 2009 were approximately $431,000, $398,000, and $399,000, respectively. At December 31, 2011, rents and other receivables included $429,000 of unbilled operating percentage rents. As of December 31, 2011, the $47,000 in 2011 percentage rents included in discontinued operating rental income had been billed and collected from the Denny's, Phoenix, AZ "(Denny's) property. At December 31, 2010, rents and other receivables included $35,000 of billed (included in 2010 discontinued operating rental income) and $404,000 of unbilled operating percentage rents. As of December 31, 2011, all of the 2010 percentage rents had been billed and collected. At December 31, 2011, six of the Properties are leased to Wendgusta, two of the Properties are leased to Wendcharles I, and one of the properties is leased to Wendcharles II. The three tenants operating base rents have accounted for approximately 53%, 21% and 1%, respectively, of the total 2011 operating base rents. </div>

<div> 2. REGULATORY INVESTIGATION: A preliminary investigation during 1992 by the Office of Commissioner of Securities for the State of Wisconsin and the Securities and Exchange Commission (the "Investigation") revealed that during at least the four years ended December 31, 1992, the former general partners of the Partnership, Gary J. DiVall ("DiVall") and Paul E. Magnuson ("Magnuson"), had transferred substantial cash assets of the Partnership and two affiliated publicly registered limited partnerships, DiVall Insured Income Fund Limited Partnership ("DiVall 1"), which was dissolved December of 1998, and DiVall Income Properties 3 Limited Partnership ("DiVall 3"), which was dissolved December of 2003, (collectively, the "three original partnerships") to various other entities previously sponsored by or otherwise affiliated with Gary J. DiVall and Paul E. Magnuson. The unauthorized transfers were in violation of the respective Partnership Agreements and resulted, in part, from material weaknesses in the internal control system of the Partnerships. Subsequent to discovery, and in response to the regulatory inquiries, TPG was appointed Permanent Manager (effective February 8, 1993) to assume responsibility for daily operations and assets of the Partnerships as well as to develop and execute a plan of restoration for the three original partnerships. Effective May 26, 1993, the Limited Partners, by written consent of a majority of interests, elected TPG as General Partner. TPG terminated the former general partners by accepting their tendered resignations. In 1993, the General Partner estimated an aggregate recovery of $3 million for the three original partnerships. At that time, an allowance was established against amounts due from former general partners and their affiliates reflecting the estimated $3 million receivable. This net receivable was allocated among the three original partnerships based on their pro rata share of the total misappropriation, and restoration costs and recoveries have been allocated based on the same percentage. Through December 31, 2011, approximately $5,918,000 of recoveries have been received which exceeded the original estimate of $3 million. As a result, from January 1, 1996 through December 31, 2011, the Partnership has recognized a total of approximately $1,228,000 as recovery of amounts previously written off in the statements of income, which represents its share of the excess recovery. The General Partner continues to pursue recoveries of the misappropriated funds; however, no further significant recoveries are anticipated. </div>

175451

119917

7461780

6648808

7102836

6345723

-2050000

-1175000

-1030000

46280.3

68705268

69735268

37289865

37562752

<div> 11. NOTE RECEIVABLE: A sales contract was executed on September 30, 2009 for the installment sale of the Panda Buffet property to the tenant for $520,000 (sales amount was to be reduced to $450,000 if closing occurred on or before November 15, 2009). The closing date on the sale of the Property was November 12, 2009 at a sales price of $450,000. The buyer paid $150,000 at closing with the remaining balance of $300,000 being delivered in the form of a promissory note ("Buyers Note") to the Partnership. A net gain on the sale of approximately $29,000 was recognized in the Fourth Quarter of 2009. The Buyers Note reflects a term of three years, an interest rate of 7.25%, and principal and interest payments paid monthly and principal amortized over a period of ten years beginning December 1, 2009 with a balloon payment due November 1, 2012. Pursuant to the Buyers Note, there will be no penalty for early payment of principal. Buyers Note also requires the buyer to escrow property taxes with the Partnership beginning January of 2010 at $1,050 per month (lowered to $900 beginning February 1, 2011 and then $700 per month beginning January 1, 2012). The property tax escrow cash balance held by the Partnership amounted to $2,000 at December 31, 2011, and is included in the property tax payable in the condensed balance sheets Per the Buyer's Note amortization schedule, the monthly payments are to total approximately $3,522 per month. The first payment was received by the Partnership on November 30, 2009 and included $2,374 in principal and $1,148 in interest. During the fiscal year ended December 31, 2011, twelve note payments were received by the Partnership and totaled $22,991 in principal and $19,273 in interest. The eleven aggregate amortized principal payments yet to be received under the Buyers Note for the next year are as follows:   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="68%" align="center"> <tr><td width="87%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Year ending December 31,</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">253,247</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr><td valign="top"> 2012 (eleven months of payments)</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">253,247</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td></tr></table> </div>

-2053290

-1178260

-1033081

111510

40379

468882

964218

1014481

907476

772074

7721

764353

7721

764353

815003

8150

806853

8150

806853

275643

2756

272887

2756

272887

7721

8150

2756

764353

806853

272887

16.52

17.43

5.90

19530

39847

29439

276238

253247

756307

704957

731418

1427925

1425617

1456112

<div> 1. ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES: DiVall Insured Income Properties 2 Limited Partnership (the "Partnership") was formed on November 20, 1987, pursuant to the Uniform Limited Partnership Act of the State of Wisconsin. The initial capital, contributed during 1987, consisted of $300, representing aggregate capital contributions of $200 by the former general partners and $100 by the Initial Limited Partner. The minimum offering requirements were met and escrowed subscription funds were released to the Partnership as of April 7, 1988. On January 23, 1989, the former general partners exercised their option to increase the offering from 25,000 interests to 50,000 interests and to extend the offering period to a date no later than August 22, 1989. On June 30, 1989, the general partners exercised their option to extend the offering period to a date no later than February 22, 1990. The offering closed on February 22, 1990, at which point 46,280.3 interests had been sold, resulting in total offering proceeds, net of underwriting compensation and other offering costs, of $39,358,468. The Partnership is currently engaged in the business of owning and operating its investment portfolio of commercial real estate properties (the "Properties"). The Properties are leased (with the exception of the vacant Phoenix, AZ property- See Note 3 to the financial statements) on a triple net basis primarily to, and operated by, franchisors or franchisees of national, regional, and local retail chains under primarily long-term leases. The lessees are fast food, family style, and casual/theme restaurants. As of December 31, 2011, the Partnership owned thirteen Properties, which are located in a total of six states. The Partnership will be dissolved on November 30, 2020 (extended ten years per the results of the 2009 Consent, as defined below), or earlier upon the prior occurrence of any of the following events: (a) the disposition of all properties of the Partnership; (b) the written determination by The Provo Group, Inc., the general partner of the Partnership (the "General Partner", or "TPG", or "Management"), that the Partnership's assets may constitute "plan assets" for purposes of ERISA; (c) the agreement of Limited Partners owning a majority of the outstanding interests to dissolve the Partnership; or (d) the dissolution, bankruptcy, death, withdrawal, or incapacity of the last remaining General Partner, unless an additional General Partner is elected previously by a majority of the Limited Partners. During the second quarters of 2001, 2003, 2005 and 2007, Consent solicitations were circulated (the "2001, 2003, 2005 and 2007 Consents, respectively"), which if approved would have authorized the sale of all of the Partnership's Properties and the dissolution of the Partnership. A majority of the Limited Partners did not vote in favor of any of the Consents. Therefore, the Partnership had continued to operate as a going concern. On July 31, 2009, the Partnership mailed a Consent solicitation (the "2009 Consent") to Limited Partners to determine whether the Limited Partners wished to extend the term of the Partnership for ten years to November 30, 2020 (the "Extension Proposition"), or wished the Partnership to sell its assets, liquidate, and dissolve by November 30, 2010. A majority of the Partnership Interests voted "FOR" the Extension Proposition and therefore, the Partnership continued to operate as a going concern. During the second quarter of 2011, Consent solicitations were circulated ("2011 Consent"), which if approved would have authorized the sale of all of the Partnership's Properties and the dissolution of the Partnership. A majority of the Limited Partners did not vote in favor of the 2011 Consent, and the General Partner declared the 2011 Consent solicitation process concluded on June 30, 2011. Therefore, the Partnership continues to operate as a going concern.   Significant Accounting Policies Rental revenue from the Properties is recognized on the straight-line basis over the term of the respective lease. Percentage rents are only accrued when the tenant has reached the sales breakpoint stipulated in the lease. Rents and other receivables are comprised of billed but uncollected amounts due for monthly rents and other charges, and amounts due for scheduled rent increases for which rentals have been earned and will be collected in the future under the terms of the leases. Receivables are recorded at Management's estimate of the amounts that will be collected. As of December 31, 2011 and 2010 there were no recorded values for allowance for doubtful accounts based on an analysis of specific accounts and historical experience. The Partnership considers its operations to be in only one segment, the operation of a portfolio of commercial real estate leased on a triple net basis, and therefore no segment disclosure is made. Depreciation of the Properties is provided on a straight-line basis over the estimated useful lives of the buildings and improvements. Deferred charges represent leasing commissions paid when the Properties are leased and upon the negotiated extension of a lease. Leasing commissions are capitalized and amortized over the term of the lease. As of December 31, 2011 and 2010, accumulated amortization amounted to $72,428 and $90,327, respectively. Fully amortized deferred charges of $57,300, including related accumulated amortization, were removed from the condensed balance sheets as of September 30, 2011. Property taxes, general maintenance, insurance and ground rent on the Partnership's Properties are the responsibility of the tenant. However, when a tenant fails to make the required tax payments or when a property becomes vacant (such as the vacant Phoenix, AZ property which formerly operated as China Super Buffet restaurant ("China Buffet") or the formerly owned vacant Park Forest, IL ("Park Forest") property) the Partnership makes the appropriate property tax payments to avoid possible foreclosure of the property. In a property vacancy the Partnership pays for the insurance, maintenance and any utilities related to the vacant property. Such taxes, insurance and ground rent are accrued in the period in which the liability is incurred. The Partnership owns one restaurant, which is located on a parcel of land where it has entered into a long-term ground lease, as lessee, which is set to expire in 2018. The Partnership has the option to extend the lease for two additional ten year periods. The Partnership owns all improvements constructed on the land (including the building and improvements) until the termination of the ground lease, at which time all constructed improvements will become the land owner's property. The tenant, a Kentucky Fried Chicken restaurant franchisee ("KFC"), is responsible for the $3,400 per month ground lease payment per the terms of its lease with the Partnership. The Partnership generally maintains cash in federally insured accounts in a bank that is participating in the FDIC's Transaction Account Guarantee Program ("TAGP"). Under TAGP, through December 31, 2010, all non-interest bearing transaction accounts were fully guaranteed by the FDIC for the entire amount in the account. Pursuant to Section 343 of the Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"), all funds in a non-interest bearing transaction account are insured in full by the FDIC from December 31, 2010 through December 31, 2012. This temporary unlimited coverage is in addition to and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules. Cash maintained in these accounts may exceed federally insured limits after the expiration of the period established by the Dodd- Frank Act. The Partnership has not experienced any losses in such accounts and does not believe it is exposed to any significant credit risk.   Financial instruments that potentially subject the Partnership to significant concentrations of credit risk consist primarily of cash investments and leases. Additionally, as of December 31, 2011, nine of the Partnership's thirteen Properties are leased to three significant tenants, Wendgusta, LLC ("Wendgusta"), Wendcharles I, LLC ("Wendcharles I") and Wendcharles II, LLC ("Wendcharles II"), all three of whom are Wendy's restaurant franchisees. The property lease(s) for the three tenants comprised approximately 53%, 21% and 1%, respectively, of the total 2011 operating base rents reflected for the fiscal year ended December 31, 2011. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities (and disclosure of contingent assets and liabilities) at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Assets disposed of or deemed to be classified as held for sale require the reclassification of current and previous years' operations to discontinued operations in accordance with GAAP applicable to "Accounting for the Impairment or Disposal of Long Lived Assets". As such, prior year operating results for those properties considered as held for sale or properties no longer considered for sale have been reclassified to conform to the current year presentation without affecting total income. When properties are considered held for sale, depreciation of the properties is discontinued, and the properties are valued at the lower of the depreciated cost or fair value, less costs to dispose. If circumstances arise that were previously considered unlikely, and, as a result, the property previously classified as held for sale is no longer to be sold, the property is reclassified as held and used. Such property is measured at the lower of its carrying amount (adjusted for any depreciation and amortization expense that would have been recognized had the property been continuously classified as held and used) or fair value at the date of the subsequent decision not to sell. Assets are classified as held for sale, generally, when all criteria within GAAP applicable to "Accounting for the Impairment or Disposal of Long Lived Assets" have been met. The Partnership periodically reviews its long-lived assets, primarily real estate, for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The Partnership's review involves comparing current and future operating performance of the assets, the most significant of which is undiscounted operating cash flows, to the carrying value of the assets. Based on this analysis, a provision for possible loss is recognized, if any. The carrying amount of the formerly owned Denny's Phoenix, AZ property (property was sold on November 23, 2011) was reduced by $104,705 to its estimated fair value less estimated costs to sell of $445,000 during the third quarter of 2011. The carrying amount of the vacant Phoenix, AZ property was reduced by $390,117 during the fiscal year 2011, to its estimated fair value of $150,000. There were no adjustments to carrying values for the fiscal year ended December 31, 2010. For the fiscal year ended December 31, 2009, a $50,000 adjustment to the land carrying value related to the Park Forest property was recorded. The Financial Accounting Standards Board ("FASB") guidance on "Fair Value Measurements and Disclosure", defines fair value, establishes a framework for measuring fair value and enhances disclosures about fair value measures required under other accounting pronouncements, but does not change existing guidance as to whether or not an instrument is carried at fair value. The adoption of the provisions of this FASB issuance, with respect to nonrecurring fair value measurements of nonfinancial assets and liabilities, including (but not limited to) the valuation of reporting units for the purpose of assessing goodwill impairment and the valuation of property and equipment when assessing long-lived asset impairment, did not have a material impact on how the Partnership estimated its fair value measurements but did result in increased disclosures about fair value measurements in the Partnership's financial statements as of and for the years ended December 31, 2011 and 2010. See Note 12 for further disclosure.   GAAP applicable to Disclosure About Fair Value of Financial Instruments, requires entities to disclose the fair value of all financial assets and liabilities for which it is practicable to estimate. Fair value is defined as the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. The General Partner believes that the carrying value of the Partnership's assets (exclusive of the Properties) and liabilities approximate fair value due to the relatively short maturity of these instruments. No provision for federal income taxes has been made, as any liability for such taxes would be that of the individual partners rather than the Partnership. At December 31, 2011 the tax basis of the Partnership's assets exceeded the amounts reported in the December 31, 2011 financial statements by approximately $7,184,618. The following represents an unaudited reconciliation of net income as stated on the Partnership statements of income to net income for tax reporting purposes:   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="84%" align="center"> <tr><td width="67%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">2011 (Unaudited)</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">2010 (Unaudited)</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">2009 (Unaudited)</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Net income, per statements of income</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">275,643</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">815,003</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">772,074</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Book to tax depreciation difference</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(26,249</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(31,622</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(34,855</td> <td valign="bottom" nowrap="nowrap">) </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Tax over (under) Book gain from asset disposition</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(120,194</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(293,243</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(2,840</td> <td valign="bottom" nowrap="nowrap">) </td></tr> <tr><td valign="top"> Straight line rent adjustment Penalties</td> <td valign="bottom">  </td> <td valign="bottom">   </td> <td valign="bottom" align="right">10,450 9</td> <td valign="bottom" nowrap="nowrap">    </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom" align="right">5,760 0</td> <td valign="bottom" nowrap="nowrap">    </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom" align="right">26,038 0</td> <td valign="bottom" nowrap="nowrap">    </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Prepaid rent</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">5,000</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Impairment write-down of assets held</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">494,822</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">50,000</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Net income for tax reporting purposes</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">634,481</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">495,898</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">815,417</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr></table> The Partnership is not subject to federal income tax because its income and losses are includable in the tax returns of its partners, but may be subject to certain state taxes. FASB has provided guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken in the course of preparing the entity's tax returns to determine whether the tax positions are more-likely-than-not to be sustained when challenged or when examined by the applicable taxing authority. Management has determined that there were no material uncertain income tax positions. Tax returns filed by the Partnership generally are subject to examination by U.S. and state taxing authorities for the years ended after December 31, 2007. In May 2011, the FASB issued ASU No. 2011-04, Fair Value Measurement Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in GAAP and IFRSs (:ASU No. 2011-04"). ASU No. 2011-04 updates and further clarifies requirements in U.S. GAAP for measuring fair value and for disclosing information about fair value measurements. Additionally, ASU No. 2011-04 clarifies the FASB's intent about the application of existing fair value measurements. ASU No. 2011-04 is effective for interim and annual periods beginning after December 15, 2011 and is applied prospectively. The Partnership does not expect that the adoption of ASU No. 2011-04 will have a material impact to its financial statements. </div>

3408

3904

240

240841

241579

244943

8930802

174172

8756630

39358468

-122321

-65480268

296493

35718659

-840229

7649586

178603

7470983

39358468

-125611

-67530268

304214

36483012

-840229

7286329

183493

7102836

39358468

-128871

-68705268

312364

37289865

-840229

6528891

183168

6345723

39358468

-131952

69735268

315120

37562752

-840229

2053290

3290

2050000

3290

2050000

1178260

3260

1175000

3260

1175000

1033081

3081

1030000

3081

1030000

<div> 4. PARTNERSHIP AGREEMENT: The Amended Agreement of Limited Partnership was amended, effective as of November 9, 2009, to extend the term of the Partnership to November 30, 2020, or until dissolution prior thereto pursuant to the consent of the majority of the outstanding Units. The Second Amendment to the Partnership Agreement was filed as Exhibit 4.1 to the Partnership Quarterly Report on Form 10-Q filed November 12, 2009. The Partnership Agreement, prior to an amendment effective May 26, 1993, provided that, for financial reporting and income tax purposes, net profits or losses from operations were allocated 90% to the Limited Partners and 10% to the general partners. The Partnership Agreement also provided for quarterly cash distributions from Net Cash Receipts, as defined, within 60 days after the last day of the first full calendar quarter following the date of release of the subscription funds from escrow, and each calendar quarter thereafter, in which such funds were available for distribution with respect to such quarter. Such distributions were to be made 90% to Limited Partners and 10% to the former general partners, provided, however, that quarterly distributions were to be cumulative and were not to be made to the former general partners unless and until each Limited Partner had received a distribution from Net Cash Receipts in an amount equal to 10% per annum, cumulative simple return on his or her Adjusted Original Capital, as defined, from the Return Calculation Date, as defined.   Net Proceeds, as originally defined, were to be distributed as follows: (a) to the Limited Partners, an amount equal to 100% of their Adjusted Original Capital; (b) then, to the Limited Partners, an amount necessary to provide each Limited Partner a Liquidation Preference equal to a 13.5% per annum, cumulative simple return on Adjusted Original Capital from the Return Calculation date including in the calculation of such return all prior distributions of Net Cash Receipts and any prior distributions of Net Proceeds under this clause; and (c) then, to Limited Partners, 90% and to the General Partners, 10%, of the remaining Net Proceeds available for distribution. On May 26, 1993, pursuant to the results of a solicitation of written consents from the Limited Partners, the Partnership Agreement was amended to replace the former general partners and amend various sections of the agreement. The former general partners were replaced as General Partner by The Provo Group, Inc., an Illinois corporation. Under the terms of the amendment, net profits or losses from operations are allocated 99% to the Limited Partners and 1% to the current General Partner. The amendment also provided for distributions from Net Cash Receipts to be made 99% to Limited Partners and 1% to the current General Partner, provided that quarterly distributions are cumulative and are not to be made to the current General Partner unless and until each Limited Partner has received a distribution from Net Cash Receipts in an amount equal to 10% per annum, cumulative simple return on his or her Adjusted Original Capital, as defined, from the Return Calculation Date, as defined, except to the extent needed by the General Partner to pay its federal and state income taxes on the income allocated to it attributable to such year. The provisions regarding distribution of Net Proceeds, as defined, were also amended to provide that Net Proceeds are to be distributed as follows: (a) to the Limited Partners, an amount equal to 100% of their Adjusted Original Capital; (b) then, to the Limited Partners, an amount necessary to provide each Limited Partner a Liquidation Preference equal to a 13.5% per annum, cumulative simple return on Adjusted Original Capital from the Return Calculation Date including in the calculation of such return on all prior distributions of Net Cash Receipts and any prior distributions of Net Proceeds under this clause, except to the extent needed by the General Partner to pay its federal and state income tax on the income allocated to it attributable to such year; and (c) then, to Limited Partners, 99%, and to the General Partner, 1%, of remaining Net Proceeds available for distribution. Additionally, per the amendment of the Partnership Agreement dated May 26, 1993, the total compensation paid to all persons for the sale of the investment properties is limited to commissions customarily charged by other brokers in arm's-length sales transactions involving comparable properties in the same geographic area, not to exceed six percent of the contract price for the sale of the property. The General Partner may receive up to one-half of the competitive real estate commission, not to exceed three percent, provided that the General Partner provides a substantial amount of services in the sales effort. It is further provided that a portion of the amount of such fees payable to the General Partner is subordinated to its success in recovering the funds misappropriated by the former general partners. See Note 6 for further information. Effective June 1, 1993, the Partnership Agreement was amended to (i) change the definition of "Distribution Quarter" to be consistent with calendar quarters, and (ii) change the distribution provisions to subordinate the General Partner's share of distributions from Net Cash Receipts and Net Proceeds, except to the extent necessary for the General Partner to pay its federal and state income taxes on Partnership income allocated to the General Partner. Because these amendments do not adversely affect the rights of the Limited Partners, pursuant to section 10.2 of the Partnership Agreement, the General Partner made the amendments without a vote of the Limited Partners. </div>

21060

5346

5469

4910

2374

21388

22991

127720

6562

443773

197732

177514

226482

2013

<div> DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP <a name="tx279855_32"> </a>SCHEDULE III – INVESTMENT PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2011   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr><td width="26%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom" colspan="2"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="6" align="center">Initial Cost to Partnership</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom" colspan="2"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="10" align="center">Gross Amount at which Carried at End of Year</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom" colspan="2"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom" colspan="2"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom" colspan="2"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom" colspan="2" align="center"> Life on which Depreciation in</td> <td valign="bottom"> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> Property</td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Encumbrances</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Land</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Building and Improvements</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Costs Capitalized Subsequent to Acquisitions</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Land</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Building and Improvements</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Total</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Accumulated Depreciation</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Date of Construction</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Date Acquired</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">latest statement of operations is computed (years)</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Santa Fe, NM</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">451,230</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">451,230</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">451,230</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">332,682</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">10/10/88</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">31.5</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Augusta, GA (2)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">215,416</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">434,178</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">213,226</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">434,177</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">647,403</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">324,110</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">12/22/88</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">31.5</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Charleston, SC</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">273,619</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">323,162</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">273,619</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">323,162</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">596,781</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">241,238</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">12/22/88</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">31.5</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Aiken, SC</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">402,549</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">373,795</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">402,549</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">373,795</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">776,344</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">277,917</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">2/21/89</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">31.5</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Augusta, GA</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">332,154</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">396,659</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">332,154</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">396,659</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">728,813</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">294,916</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">2/21/89</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">31.5</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Mt. Pleasant, SC (3)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">286,060</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">294,878</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">252,069</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">294,878</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">546,947</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">219,242</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">2/21/89</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">31.5</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Charleston, SC</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">273,625</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">254,500</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">273,625</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">254,500</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">528,125</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">189,221</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">2/21/89</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">31.5</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Aiken, SC</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">178,521</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">455,229</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">178,521</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">455,229</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">633,750</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">338,463</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">3/14/89</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">31.5</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Des Moines, IA (1) (4)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">164,096</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">448,529</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">296,991</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">161,996</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">560,057</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">722,053</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">423,284</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1989</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">8/1/89</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">31.5</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> North Augusta, SC</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">250,859</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">409,297</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">250,859</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">409,297</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">660,156</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">290,670</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">12/29/89</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">31.5</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Martinez, GA</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">266,175</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">367,575</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">266,175</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">367,575</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">633,750</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">261,041</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">12/29/89</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">31.5</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Columbus, OH</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">351,325</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">708,141</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">351,325</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">708,140</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,059,465</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">491,991</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">6/1/90</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">31.5</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,994,399</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">4,917,173</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">296,991</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,956,118</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">5,028,699</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">7,984,817</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,684,775</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr></table>   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left">(1)</td> <td valign="top" align="left">This property was written down to its estimated net realizable value at December 31, 1998. </td></tr></table> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left">(2)</td> <td valign="top" align="left">In the Fourth Quarter of 2001, a portion of the land was purchased from the Partnership by the County Commission for utility and maintenance easement. </td></tr></table> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left">(3)</td> <td valign="top" align="left">In the Fourth Quarter of 2010, a portion of the land was reclassified to property held for as the City of Charleston is to purchase the land for right of way purposes. </td></tr></table> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left">(4)</td> <td valign="top" align="left">Building improvements were incurred at the property during the fourth quarter of 2009. </td></tr></table>   DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP SCHEDULE III – INVESTMENT PROPERTIES AND ACCUMULATED DEPRECIATION DECEMBER 31, 2011 (B) Reconciliation of "Investment Properties and Accumulated Depreciation":   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr><td width="32%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td width="29%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> Investment Properties</td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Year Ended December 31, 2011</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Year Ended December 31, 2010</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="center"> Accumulated Depreciation</td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Year Ended December 31, 2011</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Year Ended December 31, 2010</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Balance at beginning of year</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">9,732,826</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">10,022,119</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom">Balance at beginning of year</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">4,178,495</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">4,260,745</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Additions:</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">Additions charged to costs and expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">164,467</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">173,052</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Deletions:</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> Vacant- Park Forest, IL reclassified and sold (1)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(255,302</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom">Vacant- Park Forest, IL reclassified and sold (1)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(255,302</td> <td valign="bottom" nowrap="nowrap">) </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Wendy's- North Augusta, SC reclassified (2)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(33,991</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> Vacant- Phoenix, AZ property impairment write-down (3)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(390,117</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Vacant- Phoenix, AZ property reclassified (4)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(475,782</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> Denny's- Phoenix, AZ property impairment write-down (5)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(104,705</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(325,782</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Denny's- Phoenix, AZ reclassified and sold (6)</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(777,405</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(332,405</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr><td valign="top"> Balance at end of year</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">7,984,817</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">9,732,826</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom">Balance at end of year</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">3,684,775</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">4,178,495</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr></table>   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left">(1)</td> <td valign="top" align="left">The property was reclassified to property held for sale in the third quarter of 2010 and sold in the fourth quarter of 2010. </td></tr></table> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left">(2)</td> <td valign="top" align="left">A portion of the land was reclassified to property held for sale in the fourth quarter of 2010 as the City of Charleston is to purchase the land for right of way purposes. </td></tr></table> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left">(3)</td> <td valign="top" align="left">The property was written-down to its estimated fair value of $150,000 during the fiscal year 2011. </td></tr></table> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left">(4)</td> <td valign="top" align="left">The property was reclassified to property held for sale in the third quarter of 2011. </td></tr></table> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left">(5)</td> <td valign="top" align="left">The property was written-down to its estimated fair value, less costs to sale, of $475,000 during the third quarter of 2011. </td></tr></table> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left">(6)</td> <td valign="top" align="left">The property was reclassified to property held for sale in the third quarter of 2011 and sold in the fourth quarter of 2011. </td></tr></table> </div>

<div> 3. INVESTMENT PROPERTIES and PROPERTY HELD FOR SALE: The total cost of the Properties includes the original purchase price plus acquisition fees and other capitalized costs paid to an affiliate of the former general partners. As of December 31, 2011, the Partnership owned thirteen fully constructed fast-food restaurants, which includes one vacant property in Phoenix, AZ that was reclassified to properties held for sale during the third quarter of 2011 (formerly operated as China Buffet). The twelve tenants are composed of the following: nine Wendy's restaurants, an Applebee's restaurant, a KFC restaurant, and a Daytona's All Sports Café ("Daytona's"). The thirteen properties are located in a total of six states. In late September of 2011 Management executed an Agency and Marketing Agreement ("Marketing Agreement") with an unaffiliated Agent. The Marketing Agreement gave the Agent the exclusive right to sell the vacant Phoenix, AZ property and the Denny's, Phoenix, AZ property through auction, sealed bid, hybrid sealed bid, on-line bid or through private negotiations. The Marketing Agreement terminated upon the later of 30 days after the Live Outcry Auction date of October 18, 2011, or a closing or settlement, if applicable. A marketing fee of approximately $7,700 was paid to the Agent in September of 2011 for the purpose of advertising, marketing and promoting the properties to the buying public. Formerly Owned Denny's, Phoenix, AZ Property The Denny's, Phoenix, AZ property was reclassified to properties held for sale during September of 2011 due to the execution of the Marketing Agreement. The carrying amount of the property was reduced by $104,705, to its estimated fair value less estimated costs to sell of $445,000, during the third quarter of 2011. A contract to sell the Denny's, Phoenix, AZ property was executed at the October 18, 2011 auction by an unaffiliated party and the property was then sold in November of 2011 for the high bid price of $475,000.   Vacant Phoenix, AZ Property The China Super Buffet restaurant ceased operations and vacated the Phoenix, AZ property in late June of 2011. Management regained possession of the property in July and lease obligation charges ceased as of June 30, 2011. The property was reclassified to properties held for sale during the third quarter of 2011 upon the execution of the Marketing Agreement. The vacant, Phoenix, AZ property did not sell at the October 18, 2011 auction; however, Management continued to market the property to potential buyers. The carrying amount of the vacant Phoenix, AZ property was reduced by $390,117 during the fiscal year 2011, to its estimated fair value of $150,000. The net book value of the vacant, Phoenix, AZ property at December 31, 2011, classified as property held for sale in the condensed financial statements, was approximately $151,700, which included $123,369 related to land, $26,631 related to building, net of accumulated depreciation, $9,300 related to a security deposit, $700 related to rents and other receivables, $1,600 related to prepaid insurance, $2,300 related to accounts payable and accrued expenses and $7,600 related to property tax payable. A contract ("Contract") to sell the vacant Phoenix, AZ property to an unaffiliated party was executed on February 14, 2012 for the sale price of $325,000. The potential buyer provided an earnest money deposit of $25,000, which is held by an independent escrow company. Per the Contract, closing is anticipated to occur prior to and up to 210 days out from the contract execution date. Closing costs are estimated to be approximately $30,000, which includes commissions totaling approximately $23,000 in the aggregate, which are anticipated to be paid to two unaffiliated brokers. The $325,000 sales contract has various due diligence and feasibility periods, as well as additional extensions and Management has no measure of certainty that the Contract will close or if a specific and unique re-use of the now vacant property will materialize. Therefore, the $150,000 net book value for the vacant property at December 31, 2011, is its estimated fair value based on income capitalization calculations using historical capitalization rates (used by Management in relation to the property for annual Partnership Net Unit Valuations) applied to independently identified market rents, less known re-leasing costs such as estimated roof, parking lot and miscellaneous repairs, as well as leasing commissions. The estimated fair value is not necessarily what the Partnership will settle (sales price net of closing costs), within an actual arms length sales transaction of the vacant property. Wendy's- 361 Highway 17 Bypass, Mt. Pleasant, SC Property On November 30, 2010, the County of Charleston made a purchase offer ("Initial Offer") of approximately $177,000 to the Partnership in connection with an eminent domain (condemnation) land acquisition of approximately 5,000 square feet of the approximately 44,000 square feet of the Wendy's- Mt. Pleasant, SC ("Wendy's- Mt. Pleasant") property. In October of 2011, the Partnership received Notice ("Condemnation Notice") that the County of Charleston filed condemnation proceedings on October 12, 2011, which in effect permits the County of Charleston to take possession of approximately 5,000 square feet of the Wendy's- Mt. Pleasant property and to begin construction of the planned road improvements. The Partnership had until November 11, 2011, to reject the Initial Offer ("Tender of Payment") for the purchase of the property. The Partnership rejected the Tender of Payment; however, the Initial Offer is still valid during the period the Partnership disputes the County of Charleston's position that the $177,000 reflects just compensation for the taking of the property. Management will continue to actively work with legal counsel and Wendcharles I to facilitate a settlement with the County of Charleston and the re-engineering of the County's plans to preserve the viability of the site for Wendy's-Mt. Pleasant's operational use. See Note 13 Subsequent Events for further information. The net book value of the land to be purchased is $33,991 and was reclassified to a property held for sale during the fourth quarter of 2010.   Formerly Owned and Vacant Park Forest, IL Property The Partnership had been unsuccessful in finding a new tenant for the vacant Park Forest property, and on December 31, 2009, the carrying value of this property had been written down to $0. The property was then sold to an unaffiliated party in December of 2010 for a gross sales price of $7,000. Discontinued Operations During the fiscal years ended December 31, 2011, 2010 and 2009, the Partnership recognized (loss) income from discontinued operations of approximately $(478,000), $55,000 and $81,000, respectively. The 2011, 2010 and 2009 (loss) income from discontinued operations was attributable to the third quarter of 2011 reclassifications of the vacant Phoenix, AZ property and the Denny's, Phoenix, AZ property to properties held for sale upon the execution of Agency and Marketing Agreement with an unaffiliated party in September of 2011 to sell both of the properties. The 2011 loss from discontinued operations includes the fiscal year 2011 property impairment write downs of $390,117 related to the vacant Phoenix, AZ property and $104,705 related to the Denny's, Phoenix, AZ property, and the 2011 loss of approximately $1,000 on the fourth quarter of 2011 sale of the Denny's, Phoenix, AZ property. The 2010 and 2009 income from discontinued operations was attributable to the fourth Quarter of 2010 reclassification of a small strip of the Wendy's- Mt. Pleasant land to a property held for sale due to the pending eminent domain acquisition of the land by the County of Charleston for Right of Way for planned road improvements and the third quarter of 2010 reclassification of the vacant Park Forest property to a property held for sale upon the execution of the Agency and Marketing Agreement in August. The 2010 income from discontinued operations includes the fourth quarter net gain of approximately $7,000 on the sale of the Park Forest property. The 2009 income from discontinued operations was also attributable to the third quarter of 2009 reclassification of the Panda Buffet property to a property held for sale (executed sales contract dated September 30, 2009). The 2009 income from discontinued operations includes the $50,000 fourth quarter property impairment write down of the vacant Park Forest, IL property, the fourth quarter net gain of approximately $29,000 on the sale of the Panda Buffet property, and the second quarter revenue collection of a $12,500 sales escrow deposit in relation to the termination of the Denny's property sales contract dated February 22, 2008. The components of property held for sale in the balance sheets as of December 31, 2011 and 2010 are outlined below:   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="76%" align="center"> <tr><td width="73%"> </td> <td valign="bottom" width="7%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="7%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">December 31, 2011</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">December 31, 2010</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Balance Sheet:</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> Land</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">157,360</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">33,991</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Buildings, net</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">26,631</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Rents and other receivables</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">686</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Utilities security deposit</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">9,260</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> Prepaid insurance</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,593</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Accounts payable and accrued expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(2,295</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Property tax payable</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(7,571</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Properties held for sale</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">185,664</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">33,991</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr></table>   The components of discontinued operations included in the statements of income for the years ended December 31, 2011, 2010 and 2009 are outlined below:   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="84%" align="center"> <tr><td width="63%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">December 31, 2011</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">December 31, 2010</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">December 31, 2009</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Revenues</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> Rental Income</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">70,417</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">106,510</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">166,255</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Other Income</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,204</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">12,500</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr><td valign="top"> Total Revenues</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">71,621</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">106,510</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">178,755</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> Insurance</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,183</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">505</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> General and Administrative</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">659</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">946</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">919</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Professional services</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">3,632</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">14,486</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">11,230</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Write-off of uncollectible Receivables</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">2,013</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Property tax expense</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">9,985</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">5,035</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">13,056</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Maintenance expense</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">10,012</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">4,162</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,376</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Property impairment write-downs</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">494,822</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">50,000</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Depreciation</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">14,361</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">22,946</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">35,912</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Amortization</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">10,380</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">6,990</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">8,660</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Other expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">3,850</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">3,506</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">3,267</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr><td valign="top"> Total Expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">548,884</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">58,576</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">126,433</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Net Loss (Income) from Rental Operations</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">(477,263</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">47,934</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">52,322</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr><td valign="top"> Net (Loss) Gain on Sale of Properties</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(1,227</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">6,562</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">28,604</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Net (Loss) Income from Discontinued Operations</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">(478,490</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">54,496</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">80,926</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr></table> </div>

33991

185664

34541

29105

5892

4178495

3684775

5554331

4300042

820

<div> 6. TRANSACTIONS WITH GENERAL PARTNER AND ITS AFFILIATES: Pursuant to the terms of the Permanent Manager Agreement ("PMA") executed in 1993 and renewed for an additional two year term as of January 1, 2011, the General Partner receives a Base Fee for managing the Partnership equal to four percent of gross receipts, subject to an initial annual minimum amount of $159,000. The PMA also provides that the Partnership is responsible for reimbursement of the General Partner for office rent and related office overhead ("Expenses") up to an initial annual maximum of $13,250. Both the Base Fee and Expense reimbursement are subject to annual Consumer Price Index based adjustments. Effective March 1, 2011, the minimum annual Base Fee and the maximum Expense reimbursement increased by 1.64% from the prior year, which represents the allowable annual Consumer Price Index adjustment per the PMA. Therefore, as of March 1, 2011, the minimum monthly Base Fee paid by the Partnership was raised to $20,492 and the maximum monthly Expense reimbursement was increased to $1,653.   For purposes of computing the four percent overall fees, gross receipts include amounts recovered in connection with the misappropriation of assets by the former general partners and their affiliates. To date, TPG has received fees from the Partnership totaling $59,689 on the amounts recovered, which includes restoration fees received for 2011, 2010 and 2009 of $299, $497 and $459, respectively. The fees received from the Partnership on the amounts recovered reduce the four percent minimum fee by that same amount. Amounts paid and/or accrued to the General Partner and its affiliates for the years ended December 31, 2011, 2010, and 2009, are as follows:   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="84%" align="center"> <tr><td width="61%"> </td> <td valign="bottom" width="7%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="7%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="7%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> General Partner</td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Incurred for the Year ended December 31, 2011</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Incurred for the Year ended December 31, 2010</td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center">Incurred for the Year ended December 31, 2009</td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Management fees</td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">244,943</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">241,579</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">240,841</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Restoration fees</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">299</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">497</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">459</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Overhead allowance</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">19,782</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">19,524</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">19,464</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Advisory fee on sale</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">14,250</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">13,500</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Leasing commissions</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">5,346</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">21,060</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr><td valign="top"> Reimbursement for out-of-pocket expenses</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">5,822</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">5,273</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">5,210</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr bgcolor="#cceeff"><td valign="top"> Cash distribution</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">3,081</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">3,260</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">3,290</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr> <tr><td valign="top"> </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">293,523</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">270,133</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">303,824</td> <td valign="bottom" nowrap="nowrap">  </td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td valign="bottom">  </td> <td> </td></tr></table> At December 31, 2011 and 2010, $1,757 and $1,825, respectively, was payable to the General Partner, which primarily represented the applicable year's fourth quarter distribution. Due to the Denny's lease modifications, approximately $1,200 of the $4,000 lease commission paid in 2009 to the General Partner was reimbursed to the Partnership in May of 2011 and is included in other income from discontinued operations in the condensed statements of income. As of December 31, 2011, TPG Finance Corp. owned 200 limited partnership interests of the Partnership. The President of the General Partner, Bruce A. Provo, is also the President of TPG Finance Corp., but he is not a shareholder of TPG Finance Corp. </div>

88440

70440

<div> 13. SUBSEQUENT EVENTS Vacant Phoenix, AZ Property A contract ("Contract") to sell the vacant Phoenix, AZ property to an unaffiliated party was executed on February 14, 2012 for the sale price of $325,000. The potential buyer provided an earnest money deposit of $25,000, which is held by an independent escrow company. Per the Contract, closing is anticipated to occur prior to and up to 210 days out from the contract execution date. Closing costs are estimated to be approximately $30,000, which includes commissions totaling approximately $23,000 in the aggregate, which are anticipated to be paid to two unaffiliated brokers. The net book value of the vacant, Phoenix, AZ property at December 31, 2011, classified as property held for sale in the condensed financial statements, was approximately $151,700, which included $123,369 related to land, $26,631 related to building, net of accumulated depreciation, $9,300 related to a utilities security deposit, $700 related to rents and other receivables, $1,600 related to prepaid insurance, $2,300 related to accounts payable and accrued expenses and $7,600 related to property tax payable. The $325,000 sales contract has various due diligence and feasibility periods, as well as additional extensions and Management has no measure of certainty that the Contract will close or if a specific and unique re-use of the now vacant property will materialize. Therefore, the $150,000 net book value for the vacant property at December 31, 2011, is its estimated fair value based on income capitalization calculations using historical capitalization rates (used by Management in relation to the property for annual Partnership Net Unit Valuations) applied to independently identified market rents, less known re-leasing costs such as estimated roof, parking lot and miscellaneous repairs, as well as leasing commissions. The estimated fair value is not necessarily what the Partnership will settle (sales price net of closing costs), within an actual arms length sales transaction of the vacant property. Limited Partner Distributions On February 15, 2012, the Partnership made distributions to the Limited Partners of $640,000, which amounted to $13.83 per Interest. </div>

60088

28134

11476

12429

7464

46280.3

EX-101.SCH 9 cik0000825788-20111231.xsd XBRL TAXONOMY EXTENSION SCHEMA 00100 - Statement - Balance Sheets link:presentationLink link:calculationLink link:definitionLink 00200 - Statement - Statements Of Income link:presentationLink link:calculationLink link:definitionLink 00202 - Statement - Condensed Statements of Income Alternative link:presentationLink link:calculationLink link:definitionLink 00400 - Statement - Statements Of Cash Flows link:presentationLink link:calculationLink link:definitionLink 00090 - Document - Document And Entity Information link:presentationLink link:calculationLink link:definitionLink 00105 - Statement - Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00205 - Statement - Statements Of Income (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00300 - Statement - Statements Of Partners' Capital link:presentationLink link:calculationLink link:definitionLink 00305 - Statement - Statements Of Partners' Capital (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 10101 - Disclosure - Organization And Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 10201 - Disclosure - Regulatory Investigation link:presentationLink link:calculationLink link:definitionLink 10301 - Disclosure - Investment Properties And Property Held For Sale link:presentationLink link:calculationLink link:definitionLink 10401 - Disclosure - Partnership Agreement link:presentationLink link:calculationLink link:definitionLink 10501 - Disclosure - Leases link:presentationLink link:calculationLink link:definitionLink 10601 - Disclosure - Transactions With General Partner And Its Affiliates link:presentationLink link:calculationLink link:definitionLink 10701 - Disclosure - Transactions With Owners With Greater Than Ten Percent Beneficial Interests link:presentationLink link:calculationLink link:definitionLink 10801 - Disclosure - Contingent Liabilities link:presentationLink link:calculationLink link:definitionLink 10901 - Disclosure - PMA Indemnification Trust link:presentationLink link:calculationLink link:definitionLink 11001 - Disclosure - Former General Partners' Capital Accounts link:presentationLink link:calculationLink link:definitionLink 11101 - Disclosure - Note Receivable link:presentationLink link:calculationLink link:definitionLink 11201 - Disclosure - Fair Value Disclosures link:presentationLink link:calculationLink link:definitionLink 11301 - Disclosure - Subsequent Events link:presentationLink link:calculationLink link:definitionLink 11401 - Disclosure - Schedule III - Investment Properties And Accumulated Depreciation link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 10 cik0000825788-20111231_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 11 cik0000825788-20111231_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 12 cik0000825788-20111231_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Document and Entity Information [Abstract] Document And Entity Information [Abstract] Statement [Table] Statement [Line Items] Document Type Amendment Flag Document Period End Date Document Fiscal Year Focus Document Fiscal Period Focus Entity Registrant Name Entity Central Index Key Current Fiscal Year End Date Entity Filer Category Entity Common Stock, Shares Outstanding Entity Current Reporting Status Entity Voluntary Filers Entity Well-known Seasoned Issuer Entity Public Float Balance Sheets [Abstract] Condensed Balance Sheets Assets [Abstract] ASSETS Land Land Investment Building and Building Improvements Buildings Investment Building and Building Improvements, Total Real Estate Investment Property, Accumulated Depreciation Accumulated depreciation Real Estate Investment Property, Net Net investment properties Assets, Current [Abstract] OTHER ASSETS: Cash CASH AT END OF YEAR CASH AT BEGINNING OF YEAR Cash The amount of cash and cash equivalents held by a third-party trustee pursuant to the terms of an agreement which assets are available to be used by beneficiaries to that agreement only within the specific terms thereof. Cash Held In Indemnification Trust Cash held in Indemnification Trust (Note 9) Escrow Deposit Property tax cash escrow Accounts and Other Receivables, Net, Current Rents and other receivables Real Estate Held-for-sale Property held for sale (Note 3) Deferred Rent Receivables, Net Deferred rent receivable Prepaid Insurance Prepaid insurance Deferred Costs, Leasing, Net Deferred charges, net Deferred Costs, Leasing, Net, Total Notes, Loans and Financing Receivable, Net Note receivable (Note 11) Notes, Loans and Financing Receivable, Net, Total The sum of the carrying amounts as of the balance sheet date of all other assets. Other Assets Net Total other assets Assets Total assets Liabilities and Equity [Abstract] LIABILITIES AND PARTNERS' CAPITAL Accounts Payable and Accrued Liabilities Accounts payable and accrued expenses Accounts Payable and Accrued Liabilities, Total Taxes Payable Property tax payable Taxes Payable, Total Due to Related Parties Due to General Partner (Note 6) Due to Related Parties, Total Security Deposit Liability Security deposits Deferred Revenue Deferred Revenue, Ending Balance Deferred Revenue, Beginning Balance Unearned rental income Deferred Revenue, Total Liabilities Total current liabilities Commitments and Contingencies CONTINGENCIES AND COMMITMENTS (Notes 8 and 9) Partners' Capital [Abstract] PARTNERS' CAPITAL: (Notes 1, 4 and 10) General Partners' Cumulative Earnings Cumulative net income General Partners' Cumulative Cash Distributions Cumulative cash distributions Cumulative cash distributions General Partners' Capital Account Total general partners' capital Limited Partners' Capital Account [Abstract] Limited Partners (46,280.3 interests outstanding at December 31, 2011 and 2010) Capital Contributions, Net of Offering Costs Capital Contributions, Net of Offering Costs Capital contributions, net of offering costs Limited Partners' Cumulative Earnings Cumulative net income Limited Partners' Cumulative Cash Distributions Cumulative cash distributions Cumulative cash distributions The reallocation of the former general partners' deficit capital account to the limited partners capital account. Reallocation of Former General Partners' Deficit Capital Reallocation of former general partners' deficit capital Reallocation of former general partners' deficit capital Limited Partners' Capital Account Total limited partners' capital Partners' Capital BALANCE BALANCE Total partners' capital Liabilities and Equity Total liabilities and partners' capital Limited Partners' capital account, interests outstanding Statements Of Income[Abstract] Operating Leases, Income Statement, Lease Revenue [Abstract] OPERATING REVENUES: The total amount of rental income recognized for the period from operating leases, including minimum lease revenue, percentage rents revenue and adjustments for straight-line rents. Rental Income Rental income (Note 5) Operating Leases, Income Statement, Lease Revenue Rental income (Note 5) TOTAL OPERATING REVENUES Operating Expenses [Abstract] EXPENSES: Owned Property Management Costs Partnership management fees (Note 6) The fees paid in relation to the collection of recoveries of amounts due the Entity from former general partner affiliates that had been previously written off as uncollectible. Restoration Fees Restoration fees (Note 6) Real Estate Insurance Insurance General and Administrative Expense General and administrative General and Administrative Expense, Total Advisory Board fees and expenses. Advisory Board Fees And Expenses Advisory Board fees and expenses Professional Fees Professional services Real Estate Tax Expense Personal property taxes Depreciation Depreciation, Total Amortization of Intangible Assets Amortization Amortization of Intangible Assets, Total Operating Expenses TOTAL OPERATING EXPENSES Nonoperating Income (Expense) [Abstract] OTHER INCOME Investment Income, Interest Other interest income Note receivable interest income. Note Receivable Interest Income Note receivable interest income (Note 11) Other Nonoperating Income Other income Valuation Allowances and Reserves, Recoveries Recovery of amounts previously written off Recovery of amounts previously written off (Note 2) Valuation Allowances and Reserves, Recoveries, Total Recovery of amounts previously written off Nonoperating Income (Expense) TOTAL OTHER INCOME Income (Loss) from Continuing Operations Attributable to Parent INCOME FROM CONTINUING OPERATIONS Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (LOSS) INCOME FROM DISCONTINUED OPERATIONS (Note 3) (LOSS) INCOME FROM DISCONTINUED OPERATIONS (Note 3) OPERATIONS (Notes 1 and 3) Net Income (Loss) Attributable to Parent Net Income NET INCOME Net Income Net Income (Loss) Allocated to General Partners NET INCOME- GENERAL PARTNER Net Income (Loss) Allocated to Limited Partners NET INCOME- LIMITED PARTNERS Net Income (Loss), Per Outstanding Limited Partnership Unit, Basic [Abstract] PER LIMITED PARTNERSHIP INTEREST, Based on 46,280.3 interests outstanding: Income (Loss) from Continuing Operations, Per Outstanding Limited Partnership Unit, Basic INCOME FROM CONTINUING OPERATIONS Income (Loss) from Discontinued Operations, Net of Tax, Per Outstanding Limited Partnership Unit, Basic (LOSS) INCOME FROM DISCONTINUED OPERATIONS Net Income (Loss), Per Outstanding Limited Partnership Unit, Basic NET INCOME PER LIMITED PARTNERSHIP INTEREST NET INCOME PER LIMITED PARTNERSHIP INTEREST Weighted Average Limited Partnership Units Outstanding, Basic interests outstanding Interests outstanding Interests outstanding Statements Of Partners' Capital [Abstract] Statement, Partner Capital Components [Axis] Partner Capital Components [Domain] Partner Capital Components [Domain] Cumulative net income. Cumulative Net Income [Member] Cumulative Net Income [Member] Cumulative cash distributions Cumulative Cash Distributions [Member] Cumulative Cash Distributions [Member] Capital contributions, net of offering costs. Capital Contributions Net Of Offering Costs [Member] Capital Contributions, Net Of Offering Costs [Member] Reallocation Reallocation [Member] Reallocation [Member] Partners' Capital Account, Distributions Cash Distributions Cash Distributions Partners' Capital Account, Distributions, Total Cash distributions per limited partnership interest. Cash Distributions Per Limited Partnership Interest Cash distributions per limited partnership interest Statements Of Cash Flows [Abstract] Net Cash Provided by (Used in) Operating Activities [Abstract] CASH FLOWS FROM OPERATING ACTIVITIES: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Adjustments to reconcile net income to net cash from operating activities - Depreciation, Depletion and Amortization Depreciation, Depletion and Amortization, Total Depreciation and amortization Provision for Doubtful Accounts Provision for non-collectible rents and other receivables Asset Impairment Charges Property impairment write-downs Asset Impairment Charges, Total Property impairment write-downs (Note 3) Gain (Loss) on Disposition of Assets Net loss (gain) on disposal of assets Net loss on disposal of assets Gain (Loss) on Disposition of Assets, Total Amount of interest earnings credited to the Indemnification Trust Account for the reporting period. Interest Applied to Indemnification Trust Account Interest applied to Indemnification Trust account Interest applied to Indemnification Trust account Increase (Decrease) in Accounts and Other Receivables (Increase) Decrease in rents and other receivables Decrease in rents and other receivables The net cash inflow or outflow for the (increase)decrease in amounts set aside for the payment of real estate taxes. Increase Decrease In Property Tax Cash Escrow Decrease (Increase) in property tax cash escrow Increase in property tax cash escrow Increase (Decrease) in Prepaid Expense (Increase) Decrease in prepaid insurance (Increase) Decrease in prepaid insurance (Increase) Decrease in prepaid insurance Increase (Decrease) in Deferred Rent Receivables Decrease in deferred rent receivable Decrease in deferred rent receivable Increase decrease in property and other taxes receivables Increase Decrease In Property And Other Taxes Receivables Decrease in property tax receivable Increase (Decrease) in Accounts Payable and Accrued Liabilities Increase (Decrease) in Accounts Payable and Accrued Liabilities, Total (Decrease) Increase in accounts payable and accrued expenses Increase (Decrease) in Property and Other Taxes Payable Decrease in property tax payable Increase (Decrease) in Due to Related Parties (Decrease) Increase in due to General Partner Increase (Decrease) in Due to Related Parties, Total Increase (Decrease) in Security Deposits Decrease in security deposits Increase (Decrease) in Deferred Revenue Increase in unearned rental income Net Cash Provided by (Used in) Operating Activities Net cash from operating activities Net Cash Provided by (Used in) Investing Activities [Abstract] CASH FLOWS FROM INVESTING ACTIVITIES: Proceeds from Sale, Maturity and Collection of Investments Net proceeds from sale of investment properties Proceeds from Sale, Maturity and Collection of Investments, Total Proceeds from Collection of Notes Receivable Note receivable, principal payment received Investment in building improvements. Investment In Building Improvements Investment in building improvements Investment in building improvements Payments for Leasing Costs, Commissions, and Tenant Improvements Payment of leasing commissions Payments of leasing commissions Total of recoveries of amounts due the Entity from the former general partner affiliates that had been previously written off as uncollectible. Recoveries From Former General Partner Affiliates Recoveries from former General Partner affiliates Net Cash Provided by (Used in) Investing Activities Net cash from investing activities Net Cash Provided by (Used in) Financing Activities [Abstract] CASH FLOWS USED IN FINANCING ACTIVITIES: Limited Partners' Capital Account, Distribution Amount Cash distributions to Limited Partners Cash distributions to Limited Partners Cash distributions to Limited Partners General Partners' Capital Account, Period Distribution Amount Cash distributions to General Partner Cash distributions to General Partner Net Cash Provided by (Used in) Financing Activities Net cash used in financing activities Cash and Cash Equivalents, Period Increase (Decrease) NET INCREASE (DECREASE) IN CASH Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract] Supplemental Schedule of Noncash Investing Activity Sale of investment property for note receivable. Sale of Investment Property for Note Receivable Sale of investment property for note receivable Organization And Significant Accounting Policies [Abstract] Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block] Organization And Significant Accounting Policies Regulatory Investigation [Abstract] Regulatory Investigation [Abstract] Legal Matters and Contingencies [Text Block] Regulatory Investigation Investment Properties And Property Held For Sale [Abstract] Real Estate Disclosure [Text Block] Investment Properties And Property Held For Sale Partnership Agreement [Abstract] Partners' Capital Notes Disclosure [Text Block] Partnership Agreement Leases [Abstract] Leases of Lessee Disclosure [Text Block] Leases Transactions With General Partner And Its Affiliates [Abstract] Related Party Transactions Disclosure [Text Block] Transactions With General Partner And Its Affiliates Transactions with Owners with Greater than Ten Percent Beneficial Interests [Abstract] Transactions With Owners With Greater Than Ten Percent Beneficial Interests [Abstract] Transactions with Owners with Greater than Ten Percent Beneficial Interests [Text Block] Transactions with Owners with Greater than Ten Percent Beneficial Interests [Text Block] Transactions With Owners With Greater Than Ten Percent Beneficial Interests Contingent Liabilities [Abstract] Commitments and Contingencies Disclosure [Text Block] Contingent Liabilities Permanent Manager Agreement Indemnification Trust. PMA Indemnification Trust [Abstract] Capital Requirements on Trust Assets [Text Block] PMA Indemnification Trust Former General Partners Capital Accounts [Abstract] Former General Partners' Capital Accounts [Abstract] Former General Partners' Capital Accounts [Text block] Former General Partners' Capital Accounts [Text block] Former General Partners' Capital Accounts Note Receivable [Abstract] Loans, Notes, Trade and Other Receivables Disclosure [Text Block] Note Receivable Fair Value Disclosures [Abstract] Fair Value Disclosures [Text Block] Fair Value Disclosures Subsequent Events [Abstract] Subsequent Events [Text Block] Subsequent Events Schedule III - Investment Properties And Accumulated Depreciation [Abstract] Real Estate and Accumulated Depreciation Disclosure [Text Block] Schedule III - Investment Properties And Accumulated Depreciation Statement, Scenario [Axis] Scenario Unspecified [Domain] Scenario, Unspecified [Domain] General Partner [Member] General Partner [Member] Limited Partner [Member] Limited Partners [Member] EX-101.PRE 13 cik0000825788-20111231_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 14 g279855g90y75.jpg GRAPHIC begin 644 g279855g90y75.jpg M_]C_X0G717AI9@``34T`*@````@`!P$2``,````!``$```$:``4````!```` M8@$;``4````!````:@$H``,````!``(```$Q``(````<````<@$R``(````4 M````CH=I``0````!````I````-``+<;````G$``MQL```"<0061O8F4@4&AO M=&]S:&]P($-3-2!7:6YD;W=S`#(P,3(Z,#,Z,C(@,#4Z,34Z,3<``````Z`! M``,````!``$``*`"``0````!````S*`#``0````!````*``````````&`0,` M`P````$`!@```1H`!0````$```$>`1L`!0````$```$F`2@``P````$``@`` M`@$`!`````$```$N`@(`!`````$```BA`````````$@````!````2`````'_ MV/_M``Q!9&]B95]#30`!_^X`#D%D;V)E`&2``````?_;`(0`#`@("`D(#`D) M#!$+"@L1%0\,#`\5&!,3%1,3&!$,#`P,#`P1#`P,#`P,#`P,#`P,#`P,#`P, M#`P,#`P,#`P,#`$-"PL-#@T0#@X0%`X.#A04#@X.#A01#`P,#`P1$0P,#`P, M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,_\``$0@`'P"@`P$B``(1 M`0,1`?_=``0`"O_$`3\```$%`0$!`0$!``````````,``0($!08'"`D*"P$` M`04!`0$!`0$``````````0`"`P0%!@<("0H+$``!!`$#`@0"!0<&"`4###,! M``(1`P0A$C$%05%A$R)Q@3(&%)&AL4(C)!52P6(S-'*"T4,')9)3\.'Q8W,U M%J*R@R9$DU1D1<*C=#87TE7B9?*SA,/3=>/S1B>4I(6TE<34Y/2EM<75Y?56 M9G:&EJ:VQM;F]C='5V=WAY>GM\?7Y_<1``("`0($!`,$!08'!P8%-0$``A$# M(3$2!$%187$B$P4R@9$4H;%"(\%2T?`S)&+A7U5F9VAI:F MML;6YO8G-T=79W>'EZ>WQ__:``P#`0`"$0,1`#\`]522224YGUCR;6TXT'J6.Y[[6 MW42/7RG>N^Q_VW$9^L_:/YS(8RVC(]3U*K:+/UM=;5]7\K)I+0_#-66-W!&- M;5F.;]%_TF4)OK/U#"K^KV;-C;#E8]E&-4P[WW66L-5-&.QFYUMEUEC&,V)* M=E)`P:[JL+'JO=NNKJ8VQWBX-#7N_P`Y9?3JVS9_YPM-)2DDDDE/\`_]#JJ/K;F?M4X-YP7N^V M.P_LE-SCF1O].O+^R/9_-,K_`$^1[_Z/^F9=_@D?%Z]UVW/JZ5;B4-Z@R\_; M6M=9Z;,1K:WMSJK',_2?:76>EC5_Z;U*_P#M'E^G(=!P1ZKK.L7OPW9S;[L< MNQA7]J%]=U=#KJ\9F2S];;0QE+1E9-^2^W'O:T?9K=GHU-8TML]/V-?^E^G=ZUEBJXF!TVCZL5]/=DC( MZ6W#]'[2][0UV-Z>SU#?5Z=?I_9_\*S_``:2G.QW]2SN'J70\7$^LO0[JZW6X^2,K M!R77W77..ZHYV,W?D6VN?[\._P"D[_")Z^C=7LR.F7=1ZQBLZIALL;TUM-(V M7`AK,JW(IMN]7*WXS:][,-^']G?^D5OJ/2LG)8P=6ZM57>;6?LLU4MI97E,F MVFUE>3;E7Y.0YK+:WT_:6578GKU>C_A4E.[55736*ZFAK&\-';NIK"/2_K)> M\9=W4ZZ,RK:,>JBI_P!DB?UC[7C67^KE?:?S?T]/V/TZ_L__`&H^T$;C?6XV M.L=GX-8<`T4?9+;&M+2[]*VW[;CV;[=[=['>S]%^C_PGJ)3J')QQD#%-K!DN M8;!3N&\L!V.M]/Z?I[W;=Z*N2:QW3NM91]+#ZODY.4,AI]:NK,IN-+6LQ&4W M[M[6X5>^C]9JL^S/M_0^E^ELU6.^L]>0[(->/?CWZ_8W/-=F/`:T>GDLJM9F M>K[K;66,H]"W]'5??4DIMX;>DX-QZ;B.IIR'AV4[&:X>JX/>?4RG5SZKFON/ M\\KJXZK'ZXS-M;6W$.97G69HL=DASK765F.DVL]+UJ;:NF65L]3WUU4UXF1^ MEK_0KH,+JF7E7-JLZ9DXFA-MEQIV-(_,:ZB^YUSG._<9Z?\`+24W,FD9&-;0 M3`M8YA/]8;5G?53+&7]6>F9!?O><6IMI'^D8T59#=/SF7LL8M9<[B/S^EOS6 M=.Q'=6P]_OV58U/^#J]-=%Z7GX73,9_1L_'O(K#A/ZEBD^GTWJ%#K+'@MV#&RJ?M- M_MG]`_"]2W?_`-QK?[",SZWBW`'5ZL"X])K_`*3DO+6/8!N]>QF*??=5A6M] M++]S'_SGV6O+6953F4=.ZE53CX^3TKJ3+'V$YE;1AA]8KOHR+0Q]+L2MF^]E M]/J6U_S/HV>G7:BT?5;"JZ)Z;NN7LQP`<]XMJMQK,FNUUN5<]N=7E>AZF;O; ME8U5M--O\SDU?SJ2GHNE]6QNJ-R78[7M&+D68K_4`$NJ(FRO:YVZFS=OJ>KJ MY[I'1[,9M]&'U87]/^TVV7[65G)]9SB_,HR,ZIWI_P`_OW_J=>73_,_:/YM6 M<+H]V.*?V?U6_P#9P(?5CN%5[?3)]3T:LJVM^1]G&Q`#A"24T$&0``````!````!XX0DE-`_,```````D````` M``````$`.$))32<0```````*``$``````````CA"24T#]0``````2``O9F8` M`0!L9F8`!@```````0`O9F8``0"AF9H`!@```````0`R`````0!:````!@`` M`````0`U`````0`M````!@```````3A"24T#^```````<```____________ M_________________P/H`````/____________________________\#Z``` M``#_____________________________`^@`````____________________ M_________P/H```X0DE-!`@``````!`````!```"0````D``````.$))300> M```````$`````#A"24T$&@`````#C0````8``````````````"@```#,```` M+`!W`&D`7!E96YU;0````I%4VQI8V54>7!E`````$EM9R`````&8F]U;F1S M3V)J8P````$```````!28W0Q````!`````!4;W`@;&]N9P``````````3&5F M=&QO;F<``````````$)T;VUL;VYG````*`````!29VAT;&]N9P```,P````# M=7)L5$585`````$```````!N=6QL5$585`````$```````!-'1415A4`````0``````"6AOD%L:6=N````!V1E9F%U;'0````)=F5R=$%L:6=N96YU;0`` M``]%4VQI8V5697)T06QI9VX````'9&5F875L=`````MB9T-O;&]R5'EP965N M=6T````115-L:6-E0D=#;VQO)E\K.$ MP]-UX_-&)Y2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G M]Q$``@(!`@0$`P0%!@<'!@4U`0`"$0,A,1($05%A<2(3!3*!D12AL4(CP5+1 M\#,D8N%R@I)#4Q5C+RLX3#TW7C M\T:4I(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]B7I[?'_]H`#`,! M``(1`Q$`/P#U5))))3F?6/)RI8[GOM;=1(]?*=Z[['_;<1GZS]H_G,AC+:,C MU/4JMHL_6UUM7U?RLFDM#\,U98W<$8UM68YOT7_290F^L_4,*OZO9LV-L.5C MV48U3#O?=9:PU4T8[&;G6V766,8S8DIV4D#!KNJPL>J]VZZNIC;'>+@T->[_ M`#EE]-R+:?K/U?IUKP6VLQ\_&9)+MCV'!R&[?W&78+7_`/H0DIVTDDDE*222 M24I),"#(!F-#Y)TE*22224I))4^E=5Q>K8GVK%W-8'OKR3MWM MVVU_\#978DIN)+,ZYU6[IK<'T*A<_,S*<4M),AC]UF18QK?IOJQZK;-G_G"T MTE*22224_P#_T.JH^MN9^U3@WG!>[[8[#^R4W..9&_TZ\O[(]G\TRO\`3Y'O M_H_Z9EW^"1\7KW7;<^KI5N)0WJ#+S]M:UUGILQ&MK>W.JL7Z_#=G-ONQR[&%?VH7UW5T.NKQF9+/UMM#&4MR/5 M_P`$K='2WU_6#(S_`-IV66655MMP"VC:*0;_`+'NVU?:FL9=9F.KL]7]-_+] M%)3+/SNE9]'5NDNO;ZF-CEN>SW-]-E];W,_\`1JE]76=,QOJO@=;O MQJ:[F=/JR,C(KI8U\-I:ZUWZ-H=]#]U:[<4UY&5DWY+[<>]K1]FMV>C4UC2V MST_8U_Z7Z=WK66*KB8'3:/JQ7T]V2,CI;_&JP[[:C6X&K(=@Y+JGM^T9#**]_VZCT?^ MUM'I5U^EZX>I=#Q<3ZR]#NKK=;CY(RL')=?==S(Z9=U'K&*SJF&RQO36TTC9<"&LRK4R;:;65Y-N5?DY#FLMK?3]I95=B>O5Z/ M^%24[M55=-8KJ:&L;PT=NZFL(]+^LE[QEW=3KHS*MHQZJ*G_`&2)_6/M>-9? MZN5]I_-_3T_8_3K^S_\`:C[01N-];C8ZQV?@UAP#11]DML:TM+OTK;?MN/9O MMWMWL=[/T7Z/_">HE.H2RJUF9ZONMM98RCT+?T=5]]22FWAMZ3@W'I MN(ZFG(>'93L9KAZK@]Y]3*=7/JN:^X_SRNKCJL?KC,VUM;<0YE>=9FBQV2'. MM=968Z3:STO6IMJZ996SU/?7537B9'Z6O]"N@PNJ9>5RQBUESN(_/Z6_-9T[$=U;!ROZV'9H\S=B6755./TJZ_P!!CWU[W^_95C4_X.KTUT7I>?A= M,QG]&S\>\BL-S*'$VXMF2R*\N_%R*BVW#LLR&6^O[+J?5]_V.O)]:Q4QB]0J MRQGG[%D8WVPOLZ=CY``^W@&CU:;LBNJOUO\`2]-?Z7ZXS[;]H];U*$E-KJG6 M>G]5Z$_J6*3Z?3>H4.LL>"W8,;*I^TW^V?T#\+U+=_\`W&M_L(S/K>+<`=7J MP+CTFO\`I.2\M8]@&[U[&8I]]U6%:WTLOW,?_.?9:\M9E5.91T[J55./CY/2 MNI,L?83F5M&&'UBN^C(M#'TNQ*V;[V7T^I;7_,^C9Z==J+1]5L*KHGINZY>S M'`!SWBVJW&LR:[76Y5SVYU>5Z'J9N]N5C56TTV_S.35_.I*>BZ7U;&ZHW)=C MM>T8N19BO]0`2ZHB;*]KG;J;-V^IZNKGND='LQFWT8?5A?T_[3;9?M96G_`#^_?^IUY=/\S]H_FU9PNCW8XI_9_5;_`-G`A]6.X57M],GU M/1JRK:WY'V=S/;7NNM].O^:L]/TTE/\`_]D`.$))300A``````!5`````0$` M```/`$$`9`!O`&(`90`@`%``:`!O`'0`;P!S`&@`;P!P````$P!!`&0`;P!B M`&4`(`!0`&@`;P!T`&\`&UL;G,Z&UL;G,Z>&UP/2)H M='1P.B\O;G,N861O8F4N8V]M+WAA<"\Q+C`O(B!X;6QN&UL;G,Z&UL;G,Z&%P+S$N,"]S M5'EP92]297-O=7)C95)E9B,B('AM;&YS.F1C/2)H='1P.B\O<'5R;"YO&UP.DUO9&EF>41A=&4](C(P,3(M M,#,M,C)4,#4Z,34Z,3&UP+FEI9#HY-4%%14(T0S5!-S-%,3$Q.3&UP34TZ1&5R:79E9$9R;VT@#IX;7!M971A/B`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@(#P_>'!A8VME="!E;F0](G0``9&5S8P`` M```````2D!\@'Z`@,"#`(4`AT")@(O`C@"00)+`E0"70)G M`G$">@*$`HX"F`*B`JP"M@+!`LL"U0+@`NL"]0,``PL#%@,A`RT#.`-#`T\# M6@-F`W(#?@.*`Y8#H@.N`[H#QP/3`^`#[`/Y!`8$$P0@!"T$.P1(!%4$8P1Q M!'X$C`2:!*@$M@3$!-,$X03P!/X%#044%]@8&!A8&)P8W!D@&609J!GL&C`:=!J\&P`;1!N,&]0<'!QD'*P<] M!T\'80=T!X8'F0>L![\'T@?E!_@("P@?"#((1@A:"&X(@@B6"*H(O@C2".<( M^PD0"24).@E/"60)>0F/":0)N@G/">4)^PH1"B<*/0I4"FH*@0J8"JX*Q0K< M"O,+"PLB"SD+40MI"X`+F`NP"\@+X0OY#!(,*@Q##%P,=0R.#*<,P`S9#/,- M#0TF#4`-6@UT#8X-J0W##=X-^`X3#BX.20YD#G\.FPZV#M(.[@\)#R4/00]> M#WH/E@^S#\\/[!`)$"800Q!A$'X0FQ"Y$-<0]1$3$3$13Q%M$8P1JA')$>@2 M!Q(F$D429!*$$J,2PQ+C$P,3(Q-#$V,3@Q.D$\43Y10&%"<4211J%(L4K13. M%/`5$A4T%585>!6;%;T5X!8#%B86219L%H\6LA;6%OH7'1=!%V47B1>N%](7 M]Q@;&$`891B*&*\8U1CZ&2`911EK&9$9MQG=&@0:*AI1&G<:GAK%&NP;%!L[ M&V,;BANR&]H<`APJ'%(<>QRC',P<]1T>'4<=:AZ4'KX> MZ1\3'SX?:1^4'[\?ZB`5($$@;""8(,0@\"$<(4@A=2&A(B>K)]PH#2@_*'$HHBC4*08I."EK*9TIT"H"*C4J:"J;*L\K`BLV M*VDKG2O1+`4L.2QN+*(LURT,+4$M=BVK+>$N%BY,+H(NMR[N+R0O6B^1+\<-]1B)&9T:K1O!'-4=[1\!(!4A+2)%(UTD=26-)J4GP2C=*?4K$2PQ+4TN: M2^),*DQR3+I-`DU*39--W$XE3FY.MT\`3TE/DT_=4"=0<5"[40914%&;4>92 M,5)\4L=3$U-?4ZI3]E1"5(]4VU4H5755PE8/5EQ6J5;W5T17DE?@6"]8?5C+ M61I9:5FX6@=:5EJF6O5;15N56^5<-5R&7-9=)UUX7&EYL7KU?#U]A7[-@ M!6!78*I@_&%/8:)A]6))8IQB\&-#8Y=CZV1`9)1DZ64]99)EYV8]9I)FZ&<] M9Y-GZ6@_:)9H[&E#:9II\6I(:I]J]VM/:Z=K_VQ7;*]M"&U@;;EN$FYK;L1O M'F]X;]%P*W"&<.!Q.G&5&YXS'DJ>8EYYWI&>J5[!'MC>\)\(7R!?.%]07VA?@%^8G["?R-_ MA'_E@$>`J($*@6N!S8(P@I*"](-7@[J$'82`A..%1X6KA@Z&I+CDTV3MI0@E(J4])5?EAMJ(FHI:C!J-VH^:D M5J3'I3BEJ:8:IHNF_:=NI^"H4JC$J3>IJ:H_R#W(O,DZR;G*.,JWRS;+MLPUS+7--HJ:JTM;:WN+FZQ,7&Q\C)RM35UM?8 MV=KDY>;GZ.GJ]/7V]_CY^A$``@$#`@0$`P4$!`0&!@5M`0(#$00A$@4Q!@`B M$T%1!S)A%'$(0H$CD152H6(6,PFQ),'10W+P%^&"-"624QAC1/&BLB8U&50V M160G"G.#DT9TPM+B\E5E=58WA(6CL\/3X_,I&I2DM,34Y/25I;7%U>7U*$=7 M9CAVAI:FML;6YO9G=X>7I[?'U^?W2%AH>(B8J+C(V.CX.4E9:7F)F:FYR=GI M^2HZ2EIJ>HJ:JKK*VNKZ_]H`#`,!``(1`Q$`/P#?X]^Z]U[W[KW7O?NO=5T? M-C>6[=W=O_$;X5;-W=OOK=/D]N3M#>W:G9'6V4R&WMZ8/HGXW[>V_NG>FT]L M;MQ!BRFQ\SVKO3>6V-NRYFFFIJRBPE=DC0SP9%J.:/W7N@K[2ZX@_EE4%-\E M.AZK?];\7,#5TD/S"Z-W;V)V]W#%@.N*ZNHZ2K^3W3LN_-U[\SNU=W]+QR&O MW7AZ%1C]T;16LF:-ZY^_=>Z][]U[KWOW7NO>_=>Z][]U[KWOW7NO>_=>Z][]U[KW MOW7NO>_=>Z][]U[KWOW7NO>_=>Z][]U[KWOW7NO>_=>Z][]U[KWOW7NO>_=> MZ][]U[K_T-_CW[KW7O?NO=>]^Z]U6Y\@J[";=_F5_P`N7+91\LN0WIU=\Z>I M-N>.LQ4>!.7R&VNBNV:BFK*&HECS%5F:G;_3M=+2O2B2**"EJ?,H+1,/=>Z/ M=V5L/;7:?7._^L=YX^++;/[&V5NK8>Z\7.$:#);:W?@J_;^=Q\RR*\;15F+R M$L;!E*D-R"/?NO=$X_E6=@Y#M'^6Y\']Z9:J?(96O^,_4V,RF2DKX\J^5R.U M]IX_:M=EWR<4LR5[Y:JPCU)FU,9#+J)N3[]U[I3?/3Y-9OXB=-;/[KHFVA'M M6@^1/QNV-VS5;P@RDD&+Z@[8[FV?U?O_`'%A9\=D,=#C\_M+$;N_BT516NU# M'#0R^9&!`]^Z]T=;W[KW7O?NO=>]^Z]U[W[KW7O?NO=>]^Z]U[W[KW7O?NO= M>]^Z]U[W[KW7O?NO=>]^Z]U[W[KW7O?NO=!_@>UNM=T=@]@=4;ZZ'`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`;?WW-EYFJ8J&[8W#5_= M>Z][]U[KWOW7NO>_=>Z0':V]Z[K3K'L'L3&;&WEV?D=C;,W+NR@ZXZ[H*;*[ M]WY6;?Q%7E*;:.S,96UF/I*_<^X9J44M##+/"DE3*BEU!O[]U[J9U[G=V[EV M=A,WOK8LW6NZLA3&;+[)J-QX;=DV`G\LBK22;AV\SX?).8E5B\!*`M8$VN?= M>Z6?OW7NO>_=>Z!;=?>>U-G=Y]-]!Y:GK%W3W=L_N'=^T<@M5AX\:L?2\G6Y MW#B:BEJZ]T-/OW7NO>_=>ZIY^ M&7:G=C?,+YD4F]=V;UWSTMV%\KNX^NMJ4.=QV5RM%T/V3TKUYTNNVMG8+(8W M$U&-V[USV]U?6566C:KK5Q\.X,28D:/+9B>E?W7NKAO?NO=5&?$;9>*P'\U3 M^;3GJO[G'[[W7!\*MS30T6+^TPNY^G\AT,-G]99/(UTLE4 M!J;32Y!1/%):FD7W7NK<_?NO=>]^Z]U[W[KW7O?NO=?_TK"_D+W%F^I^R?YF M."7Y(_SN,EV/T'W%G\OT17_'?K[M/Y`=!['BK?C#TUW;M[:^[LM2]-;MZKK< M3#V3OG*_Q#!9^O2GQ^W)J2%C20K#4#W7NCP=Y[_[O^.F*^+'\SC-=L_(+O\` MZB[*ZFVMM7Y(?'+X\]KTNZ>H!W#WWU!L38W0G:'QPVO#0?PW,[+SO>%2FWUA M.6:D-=OF@W&&T8N=9/=>Z/[\.>KN^/B-\-JW/?(SL/O?Y5_(5=G9OM[LO;=3 MNV#M3<4.$-M29B3HOHG[RGVO1Y+'89**+!X@SO`^;R*FMJ)4DJWT>Z]U63_ M`#S.]J+N_P#X3L?)CN3>_2?=7355VGUUU3,O3G:NUFVMVUUUN>M^0'7=%@Z? ML#!A,HF`@QN8H8:RI:0H)<>P&N)YET^Z]UL.;5F6DV1MR>H$D24NU035&N4SR(%.I]3:B+W-[^_=>ZU_]JUN4V%$=O?SI>PNW=W1_(# MI\_C:7"5]/CES=3 MV/219B>ND%96PS^Z]UL5>_=>ZI*_D6;#KNA>@_EE\1ZVJ@-'\2OYB'RRZLV7 MBQ/0R5F,ZNW?N3"]\]:3UE-0RS)1'<&UNWXLDD;,61:K0=+*R)[KW5VM_P`? MGZV_U[V_V]O?NO=>]^Z]T`???R@Z(^,6'PN9[M[!HMH#<]74T.U<%1X?;%PVYM^;K3"PUT,M>^.QM3'002K+4-%&P;W[KW0G;"W]LG MM/9>V.QNM]UX#?.PMZX6@W'M+>&ULI29K;VXL%DX%J*#*8G*4$LU)6T=3"X* MLC'FX-B"![KW2N]^Z]T5_J_YA]%=Q=O[QZ4V#GMP9?=6T*+<-=%G)MD;OQ_6 M^^(MD9W$;5[)BZO[.KL-!L7LFIZLW9N''XK'KZIL1DJV.GF`D$@C]U[HT M'OW7NO>_=>ZJL_F#S#KKY*_RI_D+*^5&*VG\S\Q\>MU?PZ@:N@BP/R\Z([.Z MMVY4Y8K/3?98X]T4&SZ^/7QK[Z[YVQL*J[ M1SG3'4>_^T:#KNARD6%KMXML3;.2W-/@:+)S4U8E-65]+C'6+]J1GDLBJ68> M_=>Z5_3/;W7_`'_U-USW=U5N"CW5UQVKLW;^^]F9^BDBDBR&`W)CH,G0/*L4 MDHIJZ".?Q5-.Q\M-4H\4@5T8#W7NJM]AX6KAWO\`S8^H<'@DRO9?7/R9ZY^9 M/46TCFDQ^;W)_?+X]]+[QV3E:7*5&&W56X?";R[JZ=W;MQ:NFQ4IA6DK(*Z^P.W^S:?<&-KJGJ?K:/. M=&]4[*RNVSA\VV(W/DW[N^2&V*/+1TS9%H<6E9)#$Q0RQ>Z]T3?^9S\N-W?R MY/GE'\CML[$K]WTG=GQ4^/FVMSI#/@%H1UC\:_F'E7[SJ'JMX;NV?M[;^9@V MK\KL+CL?6&HD6D.:GR=3#)2XJ7W[KW1PN[NU?G1\3-F=/_)[MCNKJ'LG:NXN MX_C_`-6]X?&G973DL&`Q..^27=O6O3>'J?CIVA'NB'L3/[OZRR>_HYB^?ILC M3;RIH)?!CL+-+#'#[KW0Q_RUOG%N/YV[0^3&]LSM;9&W,'U'\NNV>B>O*O8N MX,KN2EW)U[LG'[3R&W5BIZ:JEQF12GED:BR$5+60R-#+ MID6.5&(LRD^Z]TX^_=>Z_]/:VC_EE5F+W5WCNG9_S_\`GUL"3Y$]B97M'L_' M[/WA\;*&.MW7D-I[0V!13;?S-=\8,ENK:E'M_8.Q,3AZ%:'(12PTU#%(9&JO M)42>Z]U(^1'\L7:?\OBUT)T=@]A[&6[IZN[1S%15;%W'UY15\4U'/2/D*B2;[_`.Z1PH]U[HXN+ZZ]T7;>G\O[:O9O\O/\>J MZH'@_E9_.WMOXY9?^7]\A_EKT[LKX&46ZZW!X#'?&SKG M=D?R=W'\:<1FH,[UGT'E>UNSLQE=H;"HMD&BH\;+EZ+`9K,9+#4$4$M4LDE1 M/+[KW5A=!\?_`.8%08.@V:O\P39%7@\?IH/[^9'X:[=J^]*_!K-4I'+7[G'= M,'3S[T@QQ@7^)KL(8^:I1I7Q95O%[]U[I,9CX9=Q](]BGNWX3]C['INQ]^=> M=?=9?)'#_)[';CWAM_Y!2=58BJQ77G>FY]T]?S[=W7COD-A:"LJ,=E,JDZ#+8G\O+Y$=.;IW%\H>K_`)28>K^;O?<>/ MVYVAA4ZLQ=')B<_/#B,U"LAERM$RTRP^Z]T(^2WS\JNZ.O,]T1U5\5^X/@AN M'<-'/AJGOO=^<^+6>VIU#29RIJZ_<.[^KMN=6]M=GU&_]^QJ\[8VGKL-C\7_ M`!6KCJ*Z5H4ECD]U[IRDW]_,1_N!O+KK?OQGV#G=]S[4SVW<-W?T+WU@L)M# M,Y;)TN9Q^)WE0[$[3Q&%WAL&MH()**KFQ[U6<2GK#+%#5U,44?S1MH],?#79VR_AWLW8/9?\LS;.R]HBAW!W-MFMVE\ML!@>I!TIV1UUM7>^ M,_N]2XV+O;!;FH-\X_/U^(BH-H[EVHE'D8LE432+1^Z]U9]L_P#F/[4W@-C; M9B^+GSEP//=F5VQ2?'"DVMM>G$L]3 MFJ;=]3CJJ",?9R5,LL,,GNO=6,^_=>Z*U\V/C52?+[XL=T?'B3/2;0S/8&TV M_N'OJ"-Y*OKKM3;&0H=X=2]D4*Q6G-=U]V7M_%9B(1E9&>B"JP)O[]U[JN'O M+Y#?+'Y'?%CMOX5Y3X2_*#KCYB]Q=([DZ0W%OW;]#@\?\4=H[I[`VE5;/W-W M'M+Y3)FZ,9@O@UVG\8LKE]R M?`[N3;W7V$W;E5W7V5\:.Y]G2;N^/6]]^U=+BZ/=/8&QJS9U;MG??Q\WQON: MEGR6'QUVQM/9&^,-G)1FMD[WJ*7.3; M2S(G7^'U5%D\A$_NO=)KY3?'SY`_+SIWI?K_`*7^%G:/P[[<^(.1V3O+JC-; MY[;Z$PO26XL#L+<&PLZT[GQ6Q:2F7+Q;=Q+XK*8?%9" M8((7II/=>Z2GS2^(O?'\XO._$?8?>GP[[)^(/7?2'>)[ M4Z3["^.?7%'T=V'O3Z]T8" ML_D<]08;_1IA>G?F!\\>E>K.ENSL#VOTUT)A^X]D=I=)=3;GV]%D8<5)L;:G MR#ZI[=R]/38(Y>IJ<-3Y#)Y&CP.2:.MH((:BGIWB]U[H3/CW_+9[8^(VWLYT MO\:/FKNS8WQ?S&Z=S;WHMB;KZ6Z_[#[MVEN?L'-5FYNQZC;/R`R62QM)6T.Z M-T92MR,1W#M//Y''U%44BK32Q04T7NO="MN+^75M/%[^@[=^-_>O>/Q.[9R6 MU<5M#L_>'5M9U[O&B^0%'@!4)M[ GRAPHIC 15 g279855g93u25.jpg GRAPHIC begin 644 g279855g93u25.jpg M_]C_X30:17AI9@``34T`*@````@`!P$2``,````!``$```$:``4````!```` M8@$;``4````!````:@$H``,````!``(```$Q``(````<````<@$R``(````4 M````CH=I``0````!````I````-``+<;````G$``MQL```"<0061O8F4@4&AO M=&]S:&]P($-3-2!7:6YD;W=S`#(P,3(Z,#,Z,C(@,#4Z,3`Z,S@``````Z`! M``,````!``$``*`"``0````!````JJ`#``0````!````LP`````````&`0,` M`P````$`!@```1H`!0````$```$>`1L`!0````$```$F`2@``P````$``@`` M`@$`!`````$```$N`@(`!`````$``#+D`````````$@````!````2`````'_ MV/_M``Q!9&]B95]#30`!_^X`#D%D;V)E`&2``````?_;`(0`#`@("`D(#`D) M#!$+"@L1%0\,#`\5&!,3%1,3&!$,#`P,#`P1#`P,#`P,#`P,#`P,#`P,#`P, M#`P,#`P,#`P,#`$-"PL-#@T0#@X0%`X.#A04#@X.#A01#`P,#`P1$0P,#`P, M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,_\``$0@`H`"8`P$B``(1 M`0,1`?_=``0`"O_$`3\```$%`0$!`0$!``````````,``0($!08'"`D*"P$` M`04!`0$!`0$``````````0`"`P0%!@<("0H+$``!!`$#`@0"!0<&"`4###,! M``(1`P0A$C$%05%A$R)Q@3(&%)&AL4(C)!52P6(S-'*"T4,')9)3\.'Q8W,U M%J*R@R9$DU1D1<*C=#87TE7B9?*SA,/3=>/S1B>4I(6TE<34Y/2EM<75Y?56 M9G:&EJ:VQM;F]C='5V=WAY>GM\?7Y_<1``("`0($!`,$!08'!P8%-0$``A$# M(3$2!$%187$B$P4R@9$4H;%"(\%2T?`S)&+A7U5F9VAI:F MML;6YO8G-T=79W>'EZ>WQ__:``P#`0`"$0,1`#\`]522224I))))2DE%SFL: M7O(:UH)M)3V"Q>H_7+ZK=,>ZO-ZG17:PD/J:[U'M(_-?51ZEC'?V5R.=T3 MZU]:^L6/T;J/7;+*!2*ZFBOIO10-M=./ZSLS(<'^VS+;ZC[L7#AG](L_6N3ROK)U?KG5ZLK_FYG9G0\&/V=TYC'UTFP%O MIY&?MJMILV5_S5'\S1_V]ZMOK.9_C&Z]94R[H-M'1PX_:>GU7MJ?D-^BZG(R M]S+FU;?S*J6>I_VWZ:4['3/\:.)U)CWXW1.JY`K.UYQJ!>`[]QSJWC:[;[E? MJ_QC_54Y#L7,OMZ;E,@/Q\VFRE[=W&_H]9_QAT=.'3>D_5L M](QJV!H.+MN>UO+FT%GZ.M[_`'>_T;;?^NK(N^M/0>@UAEGU4M_:MTVOR.L? MI+3:?^U'JY-3K[??[W^E]F24^OXF9AYM`R,*^O)H=(;;2]MC"1HZ'UES49>0 MXG2?JL+;.NYOUKHPZMNW]!F;6;/I?9[[-Z2GTA)9W1NO=-ZU58_">X6T M.V9.-:TUW4O_`-%DT/\`?6_1S?W/9[%HI*1WT59%1JM!+"02`XM,M(>WW5EK MOI-1$DDE*22224__T/54DDDE*63]8OK/TCZMXCDTU58U)S>J9KC5T_!:0'6/`WO>XN(]/'H9[\ MB[Z%2X3%R[V?4OK_`-:.O/:_K.>+NGUN<0#4P?JC,+'9_@=M[KKGUU?SNSUK M?](DIGUL=:^LO3^D9O6,D=/Z=UC,HKIZ14\-;]E=NRGY6=E.+'9%SZ*=U-;& M^E5^K_X>RQ-D=>SNI?7.EGU/Z?7U+$Z'C/Q,=Q`KQ:;;?T=F2RYGIM]'TJF8 M]=>_]/73=]D_TB-T[ZJ]0^N3.GY77J'=*Z#TZEE.!TEKB;;`UK6.OR+=M;ZV M6[-C/:RWTF?H_2_I.1Z%@X.'T_%KP\&EF/C4C;756(`'_DG?G.24\/T[_%CD M9.3?U#ZT=4NS,C.(?F8N,XU4O+?H576#:^ZFMGMJ8QF/Z/\`@UU_3/J_T/I# M1^S<&C%+6[#96QHL+1_I+_YZS_KCU#K'6L3#:["KR\>KJ^14X]/QKGM:;+2' M,QF^F]]>[U+_`-&WWL]1_Q.S# MI=6^NO(QWXMM7Z'?Z?\`.5I*>PLZ]T=F.[)&75;2RUF.]])]:+;7,JJJ<,?U M7->]]M:OKA*\+/9]4.JYN#=BM=FU57=.?]7Z'5.%E0#6XS?1:^^^MV17Z;_4 M_2_IKLZ?U!SCE=.RL1X+V,KIV5_M6LX[[ZVLL=ML MIMILI]3_`*VDI]&4;*Z[:W5VM%E;Q#F.`((/9S7+A<5_5G5WOR< MMV86XN"YV+G?HQ5F=3N?Z+3EMI;8S$P\7^D>MZGZ3]&Q]:2G9ZO_`(L_JEU( MFVO%/3LF06WX1]*"WZ,4>[&_\!]3_A%A?6!G^-?HF.7X?4!U7$!`]:K&K.2Q MNFK\;TW>I_6;Z_\`PFQ='3U[JS78G3.H,IIZEFW7-JR\:+L4TXAKMR;K:W7, MR,;U*G68NS=;Z.5_.+>Q<_!S,?[5AY%63CZ_IJGM>SV_2_25ES/:DI\QQNG? M5WJ&4[KN1]>">JO`;5E-->$YH`V['XECFV>G_P`'^AK>M_ZM_P",/I]V<[H/ M5*L?J-/MQ\L$>Q_[F/E.^A;5_1_7_`*+9_-H_UI_Q>].ZOD-ZKT^N MG'ZM6[U)M8'XV00=WIYV/#FOW_G7L9ZO_&_HUS8ZACY.5?\`5W,^HN.[/HI+ M[V8IJK.T[6G(Q7>C6^NNS?[7TY+[$E/J:2X?ZD_6CJ[;Z_J_]9L7(QF MY64/=D5LU-%UL,;=F45N;^F9_/L_GO3O_I/<)*4DDDDI_]'U54^K]5Q.C]-R M.IYKBW'Q6;WQR?S65LG;^DML/1UCKQ=9AMMMR>C M]+>!LJ;?8_)^U9`VM]>VQS]]'J;_`$Z_Z_Z&K]7A=]>+NF-SZ'?LOZMUM9DN MLAXRL]C65D3^?CL8SUW_`/&^G;_.KTI)2ESF=]::P[#ZET_*QLCH`O=C]4RF M38ZI^C:'>HVQM5>/ZKV?:+7MLV5V4V_S/Z14OK3U]K<[*Z-U"BMO1Z\1U^<7 M7NIR+JMKG[>GBM]/J;KJ_LEE7K?I?YJ[TZ+&>N?I?0K,2RSK'5'AAQZG5N., M7QEXM;',QK>LX3:]E^;1C_0;CM_]$TU)2+JWU=S.J69F3T>W#LZ?]8::/M=F M0U[WUFL!F/G]/=5[;7_9G;Z*K74^EDU4Y-=OOM6CC]*Z'B79V,YS\X=5R7'( MQ+8NH9<6.SG4_9VL^S8GJ5N]?]8_29'Z'U+;?T2M!E_4JP&DXO3G2`UDAV1C MVT#;K^AR.G657W?F?IOU?_A%=Q<2C%K].EL:-#WN)<]Y8UM+;+[G[K+[?2KK M9ZMKO424T:+.HG%8WI^#5@U[<=]==YV[0]Y.?COQ\8'T;J<ZEEGIFNDV,#C:S[5?Z;-E.W]/=7ZE=2S&?XQRK87EKLNW MVV%S:7[J.F?S?Z.S?:WU*_S&>HDIZ;TOK`RYI%^+;2;:MX?6]CQ2*RW+V.98 M]KK[JRRZUU%M0HO:RWT,9GH M9%]U[/3]*Q_^@6!B_P",[IMEK*LBI@-CA6T8]WJ6>HY[J&5_9I8O4\1N7BEWINDIP'?5 M["RL;*ZA]5LK[%DW4.PL5U0#<>H57E^77C5-K_5OM-]=E5]]6_\`2?K55;[? MIYO3^A9MK;>@9-#JVY]SLWKMN]P8*`[T<'I>!,S(]3 M]8NJKKZ[,Z3BY5IR!NQ\MS:Z_ME,-N].NQN5]G]4M?\`H++&_I:_SV/>JS/35ZC][/^$24Q?UNFCK%/ M0\'$=DBJMIRW8^T,Q&OAF&VYAV-_3-;8[TJ_TM5-?J^CZ2K?6SZKGK#*L_IU MQP>O8$NP,YNG];&R(GU,:[*]S?VI;F7?I<:EE?JT8Z[#I/4Z,ZI]7KT79V&6T]19C MN+F5Y`:/6K;O_2>GZF_9O_\`/C+$E/GU-?U[^M72KL"[J'3V9^)>#=1:UU67 MBW4/W575V8S7,9OV;J\FIGIOKNLV6+MOJQUC*ZABV8O4V"GK'3W"GJ%(.FXC M=3E5_P#`9=?Z6K_KE?\`@US7^,;ZM8#;\?ZV.KN+<1S6=3;B.].YU)'I5Y55 MG^GQ'NK_`.-H_P`+374LS"?T_HV4SZW=%Z^_K&"&,IZGB9EGJ98QW/;6;&_1 MLW8KG-M92_'J_1LL_2_I$E/J229KFN:'-(D=#R M>]4^U]#Z93T9F5'UJZ1G@])R` MR7YE?42_U+=N1ZF_<^[(IR7?IO3NQ:J_4_2KI/KLS"ZQUSH_U6S;2S'S6Y-] MC&G:[U&5.9@OW`CZ%CLBUM?T+;::U1Z$SJ'6/KI37UG';]J^JN+Z-^1N!%N1 M<8QLIN@=LOQ`[):U_P#-6_N)*>O^KW1,;H/2,?IF.=PI;^EMB#9:[W77OESW M?I;/=]/]'_-JC];^K'$QZ>GTVT49/4'%C;,NR^BD,$>JW[;AUO\`0OLW-KIW MVT?U_4_1V=`N3QF_6FW!<6NQOK%TSJ.UU+LUAQ+F46D->S(Q64?9\FIM'N^A MBV_\'9_-)*0]$Z4+7ORNK,NHZ7TUI+<#JS*,FNFX!MUF7@=8N-N4_I^/5[*W MV[/^-_1^C5OMPSU')KS,QH^SX[P_#QW!I+;:G7ULZA7DTV>]F7BVU[*'_P`W M_74'8E#&XO0\!IIQ,9C?796:7M;2WV5X>71E>K>ZG/9ZS/5KK]3]#9^F6H?T M=9V,G:/:QL"8&C&[MK$E,ER'UMZ=]8\W.->,+\KIKJ@/LE3:6T[R7-L^U/?U M+IV3E[V_X)[?L/I_X#(L]1UK"]Q.Y MSO2J#:ZV:[:V?Z/_`$GTTE/$T?5OZP59>,UUE/0.@46.M?BLO;<]A>T^M7T[ M-?CT96%Z[O5];T\BOTO6O]"S_`H&7U7_`!;T&,3#;UJZH>D"^PW&&$.]&BSJ M5KWW^YS/2;B^K4NG^NV/C9'0W,R.FY'5(L:ZJO##3=78`[T\JO?_`*+_`(N_ MZ?Z6E]'JKSZUGUCR+J=N#UNNPEWVG+R:F9CWU;;O3P=MC>F-^S[LS*:^IUW^ M%_X'%]%*=2QV-UJT]/Z%1D]+ZYB/&3^S>IS96&-!:S)Q,?.^VX=+ZK;BL?H'2?K?=FXKV_:NE=4;5;17DVX'ZNVMQWNQGY/K.96QFW[5C6 M?8&>KG9-]5EMGL7K?CX5%&1>6,>Y[V,W?FN>HY>)5ET/IL+F[FN#+6';967-=5ZM% MOTJ;FLL=LM8O-OKP[ZSW_6K[,S,QJ:\;%?D8-8R+<5U;'MRF6=1/IV5NMR\. MNF[U/2]3]7_[3V5?:UW'U2NZQ?\`5["NZR&#,LJ:X[-TEA:/2=?ZG_:ES/Z1 M_P`(DID67YU.5TO(?Z.326V56U"TM%8L-F";;G^CZ]COLWZ]15=_P7J?I%S. M&W/Z>Y]]5]'3,#IUYHZKUC,8&6Y(9=9EVT8&&6_9L3"?DYN1339ZC[;?5K]+ M^:_2]7UG&9LKZDQK?M73=UM+WBVP-8X!F9&-C/8[(M?B>JRAGO\`TRR/K'T^ MNS,P^K48E1NHS'R`ZS'?U!V/MMM^S,WU^M^L>IZ']&_1O>_NOJCF5Y.#> MT=8/7KJ;WLOS!6VM@<=KQ50VIOI^DUCF^YEE_O\`\)_@J\7Z\V=7Z-USH_7N MC,;=D9+_`-EWXKR&MO%A=;BU.>YS&L=O%WIV?X.S_@]]:2F[_BYZOBY_078> M-:[(9TFZS#KO<"TV4,/ZE=M/T=V*:F;/^#267]4?K!T_*^NN?CXF';T^W/Q6 MW9^+>W8YF70\LLV-:=KOM%.3OLLV5[_2]7_"I)*?_]/8S+*>H_6_JW3\P/HH MRABX?3NJ,U%6;B-_:E=%=O\`@[]^5ZS:W;/6^S^BM/ZB5]2O_:_5NK"IG4,S M-=3S'KM_1KF?J0WI>1U. M]W3L0X-.%6#Z./U%N7B%]Q+?5^RX]MC*KO3I=[_T?_%>I[UO?6O,ZABX%7V" MVW'?;.P.8WW,8SU;FO8RO?^C]7TUC]$^L'3L/&S,6 MS)99G/;?F#*?T^["%C*ZQ;9D]0;Z-==EC+-_K6T_SE?I_H_524]#TACK'96? M:UPLR;G-8+:&TW,JI)HJHLBX%5(K;4 MS'J#!2YSZ@-C?YFR_P#3/J_T;[?TB\V_QP76T-WH].=TG#ZFWJK+ MNIW!M+\!];]S-CCA85+JIK[G-^RWG[/G.^V=4R6,R;J;*K/V5<^JOU?T7HT MV)*;Y^K^/7UQK?JQU_+P[PVO)==>3=1=2TQ;9@Y6+[,YN!O]*W&R*O3_`)[U M+_3JR%H9_6ZOJ^S&ZZSKF7US-E]U^&+7'$NQB]W3GY+::<<8W3JVY?INQ_IU M>M^KU6Y/\\L[-ZEU#K./3@]7R*#7D57=3Z1Z9:ZS<\NKQ>G]3M+[OL.);ZWI M>G9_.5V?8K.H>K58J7UDQ'=9ZWBCJ&37T?'K;CX5E;Z;L-OV.;+:LRO$R!9Z M&.R]K\+98[[-1E_9_P!/Z.1ZB2G6KZKU;ZR9O1LBSJ3\5_5`]HJQL>H,JIL. M3B74UY%EEG4?M&S"R=N2['MQF6VL_HZZ+HO6C@]=LZ0WJ3^H=/IO'3W#+:_M--_KULILLP[K?6Z8[[7ZEOVRK&]'(L]9]=?$=,9A_53J75VWW78]'3 MLM]>'O7B49;[[O1_I#[:/T'HTW(.+=?DY/6NM=-LR MG8^73;D4Y6;9578;,$49MUKQ35;7ZM&7;A_8J*J:Z_\`!>O1Z/J5I3[@N>.' M@970<_IE]F.S&P+7MWOM?E,J]$MSL>WJ#LPU/?Z7Z*_)QK;GT>G^A];T5N8K M\BS%I?E5BG(=6UUU37;@QY`-E;;/S]C_`&[U5I9;9F]0JM%QH>*_3];T74PY MA98,6NO]8V[F_I_MOT[?YC]$DIP/JMUCIQS&45]2ZAUC(SZV[;K<9].(T4-= M+\2IN/CX^-59N]^WU=_Z']*K/^,2B^SZI9E^+IEX)KS,>P?2K=18RYUS/Y;* M6VK,Z/E]1S\LX%GUBR,BG(ILJQKZ>G-Q:;'M'NMPNH.;;7:^C99_-?H;/\$N MA^MK`[ZI]8:_W1@Y!D\RVI[@[VQ^<$E/),^LN/F]>Z#;U2D],^LN'E.P,["= M(#Z\FFUK+JG^[UL5^2W'=1[W^E99_A/T>1K8?6\+H3>JM;C?6/HN=TX M&O(D77TW/JKKMI<2++?5KMKS;OW+:?TGZ.Q))3__U"'J!PL7ZP=/Z]2!]7>K MYW4&X_46M-WV?(%ME;6YM-;;+&;K:Z[L1^SU?6_S\?KO\7;ZW_4KI1K!:T4D M$$1[@][7G^T\+FL6W*Z;E_61G4,5N?\`57(ZC>.H,:"Z_'-K*LA^:ZE@WVX. MVVOU/2_3T>G]IJ_F_P!-N_XLK7B6WT-L(+2X"U]M;W,/T-]- MM;MB2F[]<,GJ.)@XV3@V;&U95+\AGK58Y?6U[7NJ^T9CF5>G9MVV4^I59?\` M0]7TO6KMCTAO5?V!GOR'7%US\FSI[!?59D5T.W'&J^VN==B^OOWOH?9=D4X] M?HU6W6>BJ/UE.*SZP57=4Z9E=9QF8H&%BT8PR:VVFQWVN^UKXK9=Z?V1M;[? MS/45GZL4O];J6,>E6],Z1>*[,;$R&U!LV-?5FULHQ[+JZ:G^E4]V-_I+;;/\ M,DIWL$O.%CFPN+S4S<;'-<^=HGU+*?T+W_OOJ_1_Z-<)_C.P1ZMF8^^G'INZ M;=0]^36+!OJMIR*,?`W.9Z>?E^I=_P!:H_X/U:>VZ0"WIM%1:UAI;Z.VNE^. MP>F?1VTXV076LH]GZ'W>^O\`25^QC]0^R&T-TR-V&0: MB\[O7V>QFQ)3:IP^C_5ROZN]&Z?7D>AFY1R"^LN+WN;2?TV:RNM_JU>H_&]7 M^:KH]/UOYO'7$-PKG]9KQF6LZ?B=)JNR;K#0S);;_??COM_5O3K77]2ZD^CJOU3<7'*LPWUXV66M=7ZC\_'=31D8Q[(^M_P!8L+IEE>)U#J[K#TW)(KL:RS%M?9>RULN=C79- MF-ZK'^G]HH_19GH_S*2FSU,MJR[OJYEY5W5E_@_471MLZ?5TZ^\=(NZAF8K[;+>NY(L=;4VHMO=7U& M['N9G8O6<2^NK!_1._0T?Y2QO4POT%N9@?5SH_5LG#S&6BUOUB&2X.ZBZUUF M+=C`6YNZ[$NQOM^_?9=5=D?9OT;/TWZ7]&DIH=!KNZ?U''ZETW(OZ;CECF.R MJ\6S(-F.`;[\F_'M>UN510]OV?.?C5_9Z/1IO]/U+%TW6J;'Y/2.I#K./GUX MV6,&UV'C58MCF/;^T,7%M^T95>#DX+G8OZOZKZ\?]/ZU7VI1Z_CXN#DLZ)G5 M7Y-S[9:UMNUM[G^UIL:[]*QC_9SUE9Z7K_8/6_GO5J]9)3SWU7M>_ZP8U8O&1B,9:['JKZS7F54DMC;5AMQ\?,R M/29^AK]>Z^K&JM75?6IS6_5CJY<8`P[/L9;T:G`L9 MB4N.6VEE.0[=[!7FU5,].BW(;3]J^QT7Y'V-GZ'(_3*[]?,Z9EX'7^A?5W*MKV]:Z'U'`Q;21^D-1 ML:RHOW>]]%]'Z?=_IZKDD?#JZ;UGJWU4ZU2Q]/4/5?A]3J/M?ZV%0^S]:!_P MU6SZ;_TOV:UB22G_U=WJ%77L/Z^9>3T0U6OOP*_%>&9&K:LJ MAOH^G;9[/TU?J?HU+Z@9X_:O7NEG!?TD-O9EU8%OTF^JT593JOS/L[LBGU*O M2_0_IOT2M?XP,(OHZ7U-F2[`/3LVOU<^N`^FF_\`5;G@O.STO5?C_:6O]GH? M]MK+S;OK1T'ZQ=*ZKU@XN9TW7IV3U6AOHO-60ZLT6=0KI.QFYCZ/T6'U!V-1;;Z;W9'I5/QK:ZQ[[F4>E;ZO[ MGZ-=3U#&LR,>*7.;=4YMM0;8ZIKGUG?75?94'O\`LUC_`&7MV6?H_P`Q874^ M@87ULP]]UGHY=37X>46,S)90_(JQLIOJ8F37Z7_`&W9=4DIRVW" MSZU_4ZUE!]+(Z=<693W>YQ%&X,]+96YK\=C_`.=]*KU/MUBXC(ONNSAAY^<[ M`P_LV'D5Y3ZBZMG47XS+:[KKL]F%DV?:G^AE_IK*O2]/]/Z3/U?(>DIZ#,LOJL; MDY^9]6^MW,KK==EW.=8^QPWUN99C=/?^M_8L<;OM-^#ZGH_S?J6_HU;R_K5E M!V%]KZ"`:C=C>I[^B]KVA[FNZA36&.QK\YWV##^U49V#B>MD9=U/^$_H]NACV MXSZGNS_6?:^XAO1[Q?CX5D/9B]5?]OG%^Q79639]K][*\+#>S[+D8_\`1O12 MG0S^J_6'J>`ZL_5O&Q,:A]K*UE>1B[_P!8M]+] M%9]G_1WND_4[JG4J MW[2ZBFO_``]WZ3_M0IT]5Z;=T5W09C57;W_H/99?_1_TBT.B?6+ZO=.Z[B5XEN5EUX/1V8>/15C7 M%U]K[&Y%UN/0YC;&OM])NYUNRJS_`$GZ-3P?J;]8^M=(R>G9-K.@]/%WZ#"& M+38=PCUMD?JK_2^T9%7O72?5_P"K&3T/+R^K]7ZP_J-] MM6U]EC11576T,+WN9OL9[6T,_2?H]GO_`-(DITWYV9?T@6FB[!S_T*LAU;G_`&=WH,>S,OKWO]*O_2*[B8S,7%JQV!H;6T-]K6L!/Y[_`$Z@ MVMF]WO\`8J>+4,W./4KJ_90#7@BQE3BV=_JYV)E4NNL]'J%#Z6[-U?LI_FUI M)*4N*_QB9>6,CHV-@T/R[\3*'5KZ*BT'T,*'6:.^EO=;^B;^?9_+7:KS3.ZQ MFT_7''^MI+?V(,L]"ESMK17Q;G&W^;]#[7ZS]_\`W5_ZXDIO=*Z=TS,_QDCK M73VM./;TMF?+>U^230VQS/\`!6WXC=]GY_\`A/\`")*__BYZ7AXN%U+J&&QC M<;J>?D68A8(_5:WNIQ6_\7[;7U?R+$DE/__6],ZET_&ZG@9'3\II=CY5;JK` M-##A$M/[[?S%YQT;ZGYMW2<[ZMXW7;\3.QG649^!>UEV.^IY+\:_$I=MNQ:< MJIU%GKLL]EGJL7J"X_Z\?5O$OR,;ZS.QWY)Z:UPSZ*;74V6XL/WNILK?5^GP MMWVFNKU*OM+/4H]3^:24W?J9U#/.&[H?6@6=9Z4UM=\G<+J3_1,VJW7UF6UM MV6O_`)S[179ZWI+1^L.?F].Z-DYN#4V^^AH<&.#BT-W-%USF5_I+6T5;[_2K M]]GIKB!B]&;?5]9_JO\`6%^=U'$K).%FY>\WXPW/MP'#(VY6+O\`>^CUV/J] M?T[/3K_GUWG1^L8'6NGU=0Z?8+:+@#R-S71+JK6M+MEM<^]B2GD/4NZIU_J/ M6NG=0K./TS(Q6U9SKW?8Z\0T"[JM6RO]5RGN=_._I*_2_06?:J/074W8K-6_)_,S=N]BJ]=Z2,JVFS,+7]`PZ[+\K MI[&DFVUA%M#K:JFO^UT5Q8_[%_A,CT[/UC^;5#ZN_6L9EV0&U-HZ'@X@O]5S M&L..T!C\>BZVG+SJLAS\/?D.]-N._%]/9=7^E24]#@=1IS"^G^:S,<5_;,4N M#GTOM8VYM5CJRZMWL=].MVQ4NM_5;IW6;:,FQ]^'FXI<:,S#L--S=X;7:-X# MFOWUL:SWL^@K#!T_K>)B=1H<7L@WX.0`6N:;&/H;>QE@^EZ-S_9?7_UM0J'6 M\1]=)%>?C[Z:A:3Z5S*Q6?M69E.]U63:_(:W93CTX_\`.)*>,_\`&GR/^<7[ M0=U:ZS$M]=U]C7&G+'JM>UK*[:6^D_QK;?0]N/O_`$MV-LV9%]6)<_\`HM:ZAOU@P64>MFMMZ>!6 MRZQN4PL],66'&I9;:SU<;UK+6_S/K^HC.ZUT=I<'9V.TM-K7`VL!!QQNS&F7 M?]I6^[(_T/\`A$E/(Y_U(^M(SZJ^E==N;@.!=D7YC_7OWGV[*Z/19C[-K?:[ M=6_WV^K_`():F']0>D5Y/VCJ+W=6+7.>QF7706[G#T]]OHT5?:7,K'IT_:/4 MJH_P%5:U7?63H37LK^W4O=9912P,=OE^4WU,%OZ/?_2J_?59_-[$]74LK,K: M[#P[:]P8\/S&FAL>KZ-]+JSNRV9#:*WW5;L;T;/T/Z5)3>?9517NLW#_:-H/ZM]K?[*?;_P`?Z-3Z[$E(\[JCJ'NZ(VRC MI.9E`U=&L=^E:]K&U[[&TL;372^KU/2HQGW?I/3_`#V*C]4NF=5P\JRNTY&# MC8K?3NP7N^TXMMSO=]KZ7FY3WY]>/L_26X]C?Y^[T_\`!6J'3^C]2MR,WH?6 M37U+IM[7VY3[*IMW6748/V>OI]WI/Q?TGJ+:ZIU3IG MU:Z.+\ESACX[6TX]4FRVUP&RC'J]1SK+[[-OYSO^%M_PEB2G&_QB_6BOHO2F MX-.2,;J'4W"FFWW3342&Y.:37[V>BQWZ/;^E]7])5_,V+G^I=-^PW9O^+SIV M.]^/U@X^5@/=%C,>KOC_`/#6?\7ZM:UF=E87UW?]:375 MFC$PWM#7`MJW-MRL+`J<[Z/ZRVFFQK/Y[)_TO\ZNQ^J.!U"[?]8^MTBCJN?4 MRJO'B/L^*SW58_OWW>K>_P#6LGU;-_\`-U?HO124]!BXU&)C58N.STZ,=C:J MF"2&L8`RMGN]WM:U)%224__7]522224^>=?Z)]6OJUE7974NC597U?ZC8'ON MJK!NQ,AVUCF[I9@4@FIMV]V1BUCW>E98QV^W$I_,M?ZOI5?Z&JM) M3UW0>O\`2_K!T]F?TVT65NT>PZ65N_.IOK_P=C?^G].KU*E4ZO\`5JC*Q#BX M3*:*HT/:37D@.:[(KMV_1=;Z=5O_"6T_IOT=MRY2WI/UWZEFU=?Z*. MDX.1!+\O#N>]F6WZ)9?MKLQ\EO\`+M;ZC/\`2_HUM8WUY/3\JKIOUOQAT;-M M;-60'"S$N@^FYU=S"_[-[O?Z>3_,U_SUR2D-(ZX_ZV>F,^[%93?#.G##M&+] MC:'N#F9E+[,%[LJM^[[1D;+ZLVO[-6RO^:6KU#ZVXV#GOQSC768>-951U#J# M=K:<>V\U_9JG>HYEEW\]4_(?0W]6]6K_`*WN5V5VUMMJ>VRNP!S'M(+7-(EK MFN;])KEC9GU5PLO/=F/NN].RQF3;@[_U6W(J:RNC)R*0WU;-GHT?H?6^SV>A M5OJ24U^G?6I_5?K#D]-Z?779B8!]/,=8;:LAK]I=ZE=%M+:GT^O^J_SWK;_4 MN_F/2]6HSZWX=]](MZ+8QMF>>E^M:[%(KR7DUY--GIY%MK=S&._P?ZS^C^GZ MU2VOJ]TS+Z9@V49EM=]]N1?DOMJ:YC7&^QV0[]&]]FS:ZS9]/Z"Q>M_4K(ZA MU/J&;CW^DV_';;AUFQ[6U]386MKZEL8UWI/KHQ<2KU:_TG](24WJ_K'81NJP M654CJ7[,%MV152US&.?19DT3_.[+J_1IPF_IK59/UGZ8;.HUU"ZX]+KLLR'L MJ>:R:1NOQZ?J?7T+IQI^UX_H/JMR"[8; MJK:\J^^Q[&OMW9%C;GOVM_PJ+5]6'_\`.0=>MOK80UTTX]0K>\V5UT/JSLIK M_P!?QJG5NNQO6QO6KL]/]-^B24Y^3G=6ZGTK$MRFL=6ZVO+R\+I=]CKW=/NK ML^S6M?7]GRMS,G:^UF-_2OLUGH?Z!/TKZMY74,+'R.HVWT[F9.)?5<`K]6?,N!/V6AH#=V3EY3?:^IF M_P"AC?3_`)C?7?Z3'I3I]4ZOT/ZJ='99E/&/BXU8KQJ&G=8_8`VNC'8YVZVS MZ/YW_"76;/TBX'J]?4NI7?5_ZZ=6RFT8EG4\88N`=HJQL1[_`%!?;>3_`#]O MV=C[[/Y?^"KJ].JQCXSCTGZS?63ZT/JS\_&.3@XEEHG'9Z;?0]+!IL:/2];, M?]FW[=[_`/KMS[KO2?J_U#ZS]*Z+C=7QWX/0>E55%N+;`R,NZJL4^KO?7[_P#"5>FE)>F]$9]9OK-G?6"QSV]`L=2VG&ES69UF,/T67D5F M/5PZ+?Z/7]"_^I_.]VHL8RMC:ZVAC&`-:UH@`#1K6M"DDI22222G_]#U5))) M)2DDDDE/#_67_%A@YSW9W0+?V1U$G<6UES,>PP6^YE/OQW._TN/_`"_T&^Q< MIU(]`^K;Q^U?J4YF2X[&VOR[+L5^GTJ\B[UJMVG\UM]2K\]>QH=]%&12^C(K M;=38"VRJQHUS4E/FO2_JO\`6/UAUCZNY>']7>GO8'/QJ,E^;18X M27WV[VNQ/YMS:O9]#TOT:/5]??K5C]4/2Z<3$^L[F-:YV1TIU@:W<7,VY-NV M^BJSV_\`%?RUH]6_Q2?53/N7MB_JE^4S)>\_UJ6_HG_`,6H877. MH56CJ_5>@=9ZMUUK7>BRS%->)C.<=:^G-;ZOHM>UK*[,MU=N5;Z22G2S?\:; M<7T&GH'4VV99+<9M]7I>J[V[&T?SKK=V]O\`-M0K?KG]>LKJM71NQ>O=;NS.D=)K; M9UDP,;$-H_6&85;:G5U[**?TF5E._35?\!99^CJ?5[KN/;UGJ]_U3Z9]HSL@ M,Q.F5LJ;3CX^+4W^F9>02S^E7#UO0M9ZUGHU5>I^D72=*_Q8=*QZ@.JYF5U9 MS[3DWU76N;COO=]+)=BL/OL='O=?==ZG^$778V-C8E#,?%J9116(954T,8T< M^QC-K6I*>8^J_P!2'].QL4]ZZJHAOVC*]:^Y_VW M)_2_Z+T?376)))*4DDDDI22222G_V?_M.ZY0:&]T;W-H;W`@,RXP`#A"24T$ M!```````#QP!6@`#&R5''`(```(````X0DE-!"4``````!#-S_I]J,>^"05P M=JZO!<-..$))300Z``````#9````$`````$```````MP'1E M96Y":71B;V]L``````MP.$))30/S```````)```````````!`#A"24TG$```````"@`!```````` M``(X0DE-`_4``````$@`+V9F``$`;&9F``8```````$`+V9F``$`H9F:``8` M``````$`,@````$`6@````8```````$`-0````$`+0````8```````$X0DE- M`_@``````'```/____________________________\#Z`````#_________ M____________________`^@`````_____________________________P/H M`````/____________________________\#Z```.$))300(```````0```` M`0```D````)``````#A"24T$'@``````!``````X0DE-!!H``````XT````& M``````````````"S````J@```"P`=P!I`',`8P!O`&X`7!E```` M`$YO;F4````)=&]P3W5T/S1B>4I(6TE<34Y/2EM<75Y?569G:& MEJ:VQM;F]C='5V=WAY>GM\?7Y_<1``("`0($!`,$!08'!P8%-0$``A$#(3$2 M!$%187$B$P4R@9$4H;%"(\%2T?`S)&+A7U5F9VAI:FML;6 MYO8G-T=79W>'EZ>WQ__:``P#`0`"$0,1`#\`]522224I))))2DE%SFL:7O(: MUH)M)3V"Q>H_7+ZK=,>ZO-ZG17:PD/J:[U'M(_-?51ZEC'?V5R.=T3ZU]: M^L6/T;J/7;+*!2*ZFBOIO10-M=./ZSLS(<'^VS+;ZC[L7#AG](L_6N3ROK)U?KG5ZLK_FYG9G0\&/V=TYC'UTFP%OIY&? MMJMILV5_S5'\S1_V]ZMOK.9_C&Z]94R[H-M'1PX_:>GU7MJ?D-^BZG(R]S+F MU;?S*J6>I_VWZ:4['3/\:.)U)CWXW1.JY`K.UYQJ!>`[]QSJWC:[;[E?J_QC M_54Y#L7,OMZ;E,@/Q\VFRE[=W&_H]9_QAT=.'3>D_5L](QJ MV!H.+MN>UO+FT%GZ.M[_`'>_T;;?^NK(N^M/0>@UAEGU4M_:MTVOR.L?I+3: M?^U'JY-3K[??[W^E]F24^OXF9AYM`R,*^O)H=(;;2]MC"1HZ'UES49>0XG2? MJL+;.NYOUKHPZMNW]!F;6;/I?9[[-Z2GTA)9W1NO=-ZU58_">X6T.V9. M-:TUW4O_`-%DT/\`?6_1S?W/9[%HI*1WT59%1JM!+"02`XM,M(>WW5EKOI-1 M$DDE*22224__T/54DDDE*63]8OK/TCZMXCDTU58U)S>J9KC5T_!:0'6/`WO>XN(]/'H9[\B[Z% M2X3%R[V?4OK_`-:.O/:_K.>+NGUN<0#4P?JC,+'9_@=M[KKGUU?SNSUK?](D MIGUL=:^LO3^D9O6,D=/Z=UC,HKIZ14\-;]E=NRGY6=E.+'9%SZ*=U-;&^E5^ MK_X>RQ-D=>SNI?7.EGU/Z?7U+$Z'C/Q,=Q`KQ:;;?T=F2RYGIM]'TJF8]=>_ M]/73=]D_TB-T[ZJ]0^N3.GY77J'=*Z#TZEE.!TEKB;;`UK6.OR+=M;ZV6[-C M/:RWTF?H_2_I.1Z%@X.'T_%KP\&EF/C4C;756(`'_DG?G.24\/T[_%CD9.3? MU#ZT=4NS,C.(?F8N,XU4O+?H576#:^ZFMGMJ8QF/Z/\`@UU_3/J_T/I#1^S< M&C%+6[#96QHL+1_I+_YZS_KCU#K'6L3#:["KR\>KJ^14X]/QKGM:;+2',QF^ MF]]>[U+_`-&WWL]1_Q.S#I=6^ MNO(QWXMM7Z'?Z?\`.5I*>PLZ]T=F.[)&75;2RUF.]])]:+;7,JJJ<,?U7->] M]M:OKA*\+/9]4.JYN#=BM=FU57=.?]7Z'5.%E0#6XS?1:^^^MV17Z;_4_2_I MKLZ?U!SCE=.RL1X+V,KIV5_M6LX[[ZVLL=MLIMIL MI]3_`*VDI]&4;*Z[:W5VM%E;Q#F.`((/9S7+A<5_5G5WORMZGZ3]&Q]:2G9ZO_`(L_JEU(FVO% M/3LF06WX1]*"WZ,4>[&_\!]3_A%A?6!G^-?HF.7X?4!U7$!`]:K&K.2QNFK\ M;TW>I_6;Z_\`PFQ='3U[JS78G3.H,IIZEFW7-JR\:+L4TXAKMR;K:W7,R,;U M*G68NS=;Z.5_.+>Q<_!S,?[5AY%63CZ_IJGM>SV_2_25ES/:DI\QQNG?5WJ& M4[KN1]>">JO`;5E-->$YH`V['XECFV>G_P`'^AK>M_ZM_P",/I]V<[H/5*L?J-/MQ\L$>Q_[F/E.^A;5_1_7_`*+9_-H_UI_Q>].ZOD-ZKT^NG'ZM M6[U)M8'XV00=WIYV/#FOW_G7L9ZO_&_HUS8ZACY.5?\`5W,^HN.[/HI+[V8I MJK.T[6G(Q7>C6^NNS?[7TY+[$E/J:2X?ZD_6CJ[;Z_J_]9L7(QFY64/ M=D5LU-%UL,;=F45N;^F9_/L_GO3O_I/<)*4DDDDI_]'U54^K]5Q.C]-R.IYK MBW'Q6;WQR?S65LG;^DML/1UCKQ=9AMMMR>C]+>! MLJ;?8_)^U9`VM]>VQS]]'J;_`$Z_Z_Z&K]7A=]>+NF-SZ'?LOZMUM9DNLAXR ML]C65D3^?CL8SUW_`/&^G;_.KTI)2ESF=]::P[#ZET_*QLCH`O=C]4RF38ZI M^C:'>HVQM5>/ZKV?:+7MLV5V4V_S/Z14OK3U]K<[*Z-U"BMO1Z\1U^<77NIR M+JMKG[>GBM]/J;KJ_LEE7K?I?YJ[TZ+&>N?I?0K,2RSK'5'AAQZG5N.,7QEX MM;',QK>LX3:]E^;1C_0;CM_]$TU)2+JWU=S.J69F3T>W#LZ?]8::/M=F0U[W MUFL!F/G]/=5[;7_9G;Z*K74^EDU4Y-=OOM6CC]*Z'B79V,YS\X=5R7'(Q+8N MH9<6.SG4_9VL^S8GJ5N]?]8_29'Z'U+;?T2M!E_4JP&DXO3G2`UDAV1CVT#; MK^AR.G657W?F?IOU?_A%=Q<2C%K].EL:-#WN)<]Y8UM+;+[G[K+[?2KK9ZMK MO424T:+.HG%8WI^#5@U[<=]==YV[0]Y.?COQ\8'T;J<ZEEGIFNDV,#C:S[5?Z;-E.W]/=7ZE=2S&?XQRK87EKLNWVV%S M:7[J.F?S?Z.S?:WU*_S&>HDIZ;TOK`RYI%^+;2;:MX?6]CQ2*RW+V.98]KK[ MJRRZUU%M0HO:RWT,9GH9%]U M[/3]*Q_^@6!B_P",[IMEK*LBI@-CA6T8]WJ6>HY[J&5_9I8O4\1N7BEWINDIP'?5["RL M;*ZA]5LK[%DW4.PL5U0#<>H57E^77C5-K_5OM-]=E5]]6_\`2?K55;[?IYO3 M^A9MK;>@9-#JVY]SLWKMN]P8*`[T<'I>!,S(]3]8NJ MKKZ[,Z3BY5IR!NQ\MS:Z_ME,-N].NQN5]G]4M?\`H++&_I:_SV/>JS/35ZC][/^$24Q?UNFCK%/0\'$ M=DBJMIRW8^T,Q&OAF&VYAV-_3-;8[TJ_TM5-?J^CZ2K?6SZKGK#*L_IUQP>O M8$NP,YNG];&R(GU,:[*]S?VI;F7?I<:EE?JT8Z[#I/4Z,ZI]7KT79V&6T]19CN+F5 MY`:/6K;O_2>GZF_9O_\`/C+$E/GU-?U[^M72KL"[J'3V9^)>#=1:UU67BW4/ MW575V8S7,9OV;J\FIGIOKNLV6+MOJQUC*ZABV8O4V"GK'3W"GJ%(.FXC=3E5 M_P#`9=?Z6K_KE?\`@US7^,;ZM8#;\?ZV.KN+<1S6=3;B.].YU)'I5Y55G^GQ M'NK_`.-H_P`+374LS"?T_HV4SZW=%Z^_K&"&,IZGB9EGJ98QW/;6;&_1LW8K MG-M92_'J_1LL_2_I$E/J229KFN:'-(D=#R>]4^U]#Z93T9F5'UJZ1G@])R`R7YE M?42_U+=N1ZF_<^[(IR7?IO3NQ:J_4_2KI/KLS"ZQUSH_U6S;2S'S6Y-]C&G: M[U&5.9@OW`CZ%CLBUM?T+;::U1Z$SJ'6/KI37UG';]J^JN+Z-^1N!%N1<8QL MIN@=LOQ`[):U_P#-6_N)*>O^KW1,;H/2,?IF.=PI;^EMB#9:[W77OESW?I;/ M=]/]'_-JC];^K'$QZ>GTVT49/4'%C;,NR^BD,$>JW[;AUO\`0OLW-KIWVT?U M_4_1V=`N3QF_6FW!<6NQOK%TSJ.UU+LUAQ+F46D->S(Q64?9\FIM'N^ABV_\ M'9_-)*0]$Z4+7ORNK,NHZ7TUI+<#JS*,FNFX!MUF7@=8N-N4_I^/5[*WV[/^ M-_1^C5OMPSU')KS,QH^SX[P_#QW!I+;:G7ULZA7DTV>]F7BVU[*'_P`W_74' M8E#&XO0\!IIQ,9C?796:7M;2WV5X>71E>K>ZG/9ZS/5KK]3]#9^F6H?T=9V, MG:/:QL"8&C&[MK$E,ER'UMZ=]8\W.->,+\KIKJ@/LE3:6T[R7-L^U/?U+IV3 ME[V_X)[?L/I_X#(L]1UK"]Q.YSO2J M#:ZV:[:V?Z/_`$GTTE/$T?5OZP59>,UUE/0.@46.M?BLO;<]A>T^M7T[-?CT M96%Z[O5];T\BOTO6O]"S_`H&7U7_`!;T&,3#;UJZH>D"^PW&&$.]&BSJ5KWW M^YS/2;B^K4NG^NV/C9'0W,R.FY'5(L:ZJO##3=78`[T\JO?_`*+_`(N_Z?Z6 ME]'JKSZUGUCR+J=N#UNNPEWVG+R:F9CWU;;O3P=MC>F-^S[LS*:^IUW^%_X' M%]%*=2QV-UJT]/Z%1D]+ZYB/&3^S>IS96&-!:S)Q,?.^VX=+ZK;BL?H'2?K?=FXKV_:NE=4;5;17DVX'ZNVMQWNQGY/K.96QFW[5C6?8&> MKG9-]5EMGL7K?CX5%&1>6,>Y[V,W?FN>HY>)5ET/IL+F[FN#+6';967-=5ZM%OTJ; MFLL=LM8O-OKP[ZSW_6K[,S,QJ:\;%?D8-8R+<5U;'MRF6=1/IV5NMR\.NF[U M/2]3]7_[3V5?:UW'U2NZQ?\`5["NZR&#,LJ:X[-TEA:/2=?ZG_:ES/Z1_P`( MDID67YU.5TO(?Z.326V56U"TM%8L-F";;G^CZ]COLWZ]15=_P7J?I%S.&W/Z M>Y]]5]'3,#IUYHZKUC,8&6Y(9=9EVT8&&6_9L3"?DYN1339ZC[;?5K]+^:_2 M]7UG&9LKZDQK?M73=UM+WBVP-8X!F9&-C/8[(M?B>JRAGO\`TRR/K'T^NS,P M^K48E1NHS'R`ZS'?U!V/MMM^S,WU^M^L>IZ']&_1O>_NOJCF5Y.#>T=8/ M7KJ;WLOS!6VM@<=KQ50VIOI^DUCF^YEE_O\`\)_@J\7Z\V=7Z-USH_7NC,;= MD9+_`-EWXKR&MO%A=;BU.>YS&L=O%WIV?X.S_@]]:2F[_BYZOBY_078>-:[( M9TFZS#KO<"TV4,/ZE=M/T=V*:F;/^#267]4?K!T_*^NN?CXF';T^W/Q6W9^+ M>W8YF70\LLV-:=KOM%.3OLLV5[_2]7_"I)*?_]/8S+*>H_6_JW3\P/HHRABX M?3NJ,U%6;B-_:E=%=O\`@[]^5ZS:W;/6^S^BM/ZB5]2O_:_5NK"IG4,S-=3< MS'GTQ]C:W`]F\OL_G*K?I/6'AFFJ[K.+]87_`&;H_6^IY;\#J7JBLTY.-8ZM MNZ[Z&)=^J;\&Q[_TGV/Z"WO\6CG.^I/37O)+W^LY[G&27.OOS'KM_1KF?J0WI>1U.]W3L M0X-.%6#Z./U%N7B%]Q+?5^RX]MC*KO3I=[_T?_%>I[UO?6O,ZABX%7V"VW'? M;.P.8WW,8SU;FO8RO?^C]7TUC]$^L'3L/&S,6S)99 MG/;?F#*?T^["%C*ZQ;9D]0;Z-==EC+-_K6T_SE?I_H_524]#TACK'96?:UPL MR;G-8+:&TW,JI)HJHLBX%5(K;4S'J# M!2YSZ@-C?YFR_P#3/J_T;[?TB\V_QP76T-WH].=TG#ZFWJK+NIW! MM+\!];]S-CCA85+JIK[G-^RWG[/G.^V=4R6,R;J;*K/V5<^JOU?T7HTV)*; MY^K^/7UQK?JQU_+P[PVO)==>3=1=2TQ;9@Y6+[,YN!O]*W&R*O3_`)[U+_3J MR%H9_6ZOJ^S&ZZSKF7US-E]U^&+7'$NQB]W3GY+::<<8W3JVY?INQ_IU>M^K MU6Y/\\L[-ZEU#K./3@]7R*#7D57=3Z1Z9:ZS<\NKQ>G]3M+[OL.);ZWI>G9_ M.5V?8K.H>K58J7UDQ'=9ZWBCJ&37T?'K;CX5E;Z;L-OV.;+:LRO$R!9Z&.R] MK\+98[[-1E_9_P!/Z.1ZB2G6KZKU;ZR9O1LBSJ3\5_5`]HJQL>H,JIL.3B74 MUY%EEG4?M&S"R=N2['MQF6VL_HZZ+HO6C@]=LZ0WJ3^H=/IO'3W#+: M_M--_KULILLP[K?6Z8[[7ZEOVRK&]'(L]9]=?$=,9A_53J75VWW78]'3LM]> M'O7B49;[[O1_I#[:/T'HTW(.+=?DY/6NM=-LRG8^7 M3;D4Y6;9578;,$49MUKQ35;7ZM&7;A_8J*J:Z_\`!>O1Z/J5I3[@N>.'@970 M<_IE]F.S&P+7MWOM?E,J]$MSL>WJ#LPU/?Z7Z*_)QK;GT>G^A];T5N8K\BS% MI?E5BG(=6UUU37;@QY`-E;;/S]C_`&[U5I9;9F]0JM%QH>*_3];T74PYA98, M6NO]8V[F_I_MOT[?YC]$DIP/JMUCIQS&45]2ZAUC(SZV[;K<9].(T4-=+\2I MN/CX^-59N]^WU=_Z']*K/^,2B^SZI9E^+IEX)KS,>P?2K=18RYUS/Y;*6VK, MZ/E]1S\LX%GUBR,BG(ILJQKZ>G-Q:;'M'NMPNH.;;7:^C99_-?H;/\$NA^MK M`[ZI]8:_W1@Y!D\RVI[@[VQ^<$E/),^LN/F]>Z#;U2D],^LN'E.P,["=(#Z\ MFFUK+JG^[UL5^2W'=1[W^E99_A/T>1K8?6\+H3>JM;C?6/HN=TX&O(D M77TW/JKKMI<2++?5KMKS;OW+:?TGZ.Q))3__U"'J!PL7ZP=/Z]2!]7>KYW4& MX_46M-WV?(%ME;6YM-;;+&;K:Z[L1^SU?6_S\?KO\7;ZW_4KI1K!:T4D$$1[ M@][7G^T\+FL6W*Z;E_61G4,5N?\`57(ZC>.H,:"Z_'-K*LA^:ZE@WVX.VVOU M/2_3T>G]IJ_F_P!-N_XLK7B6WT-L(+2X"U]M;W,/T-]-M;MB M2F[]<,GJ.)@XV3@V;&U95+\AGK58Y?6U[7NJ^T9CF5>G9MVV4^I59?\`0]7T MO6KMCTAO5?V!GOR'7%US\FSI[!?59D5T.W'&J^VN==B^OOWOH?9=D4X]?HU6 MW6>BJ/UE.*SZP57=4Z9E=9QF8H&%BT8PR:VVFQWVN^UKXK9=Z?V1M;[?S/45 MGZL4O];J6,>E6],Z1>*[,;$R&U!LV-?5FULHQ[+JZ:G^E4]V-_I+;;/\,DIW ML$O.%CFPN+S4S<;'-<^=HGU+*?T+W_OOJ_1_Z-<)_C.P1ZMF8^^G'INZ;=0] M^36+!OJMIR*,?`W.9Z>?E^I=_P!:H_X/U:>VZ0"WIM%1:UAI;Z.VNE^.P>F? M1VTXV076LH]GZ'W>^O\`25^QC]0^R&T-TR-V&0:B\[O M7V>QFQ)3:IP^C_5ROZN]&Z?7D>AFY1R"^LN+WN;2?TV:RNM_JU>H_&]7^:KH M]/UOYO'7$-PKG]9KQF6LZ?B=)JNR;K#0S);;_ M??COM_5O3K77]2ZD^CJOU3<7'*LPWUXV66M=7ZC\_'=31D8Q[(^M_P!8L+IEE>)U#J[K#TW)(KL:RS%M?9>RULN=C79-F-ZK M'^G]HH_19GH_S*2FSU,MJR[OJYEY5W5E_@_471MLZ?5TZ^\=(NZAF8K[;+>NY(L=;4VHMO=7U&['N9 MG8O6<2^NK!_1._0T?Y2QO4POT%N9@?5SH_5LG#S&6BUOUB&2X.ZBZUUF+=C` M6YNZ[$NQOM^_?9=5=D?9OT;/TWZ7]&DIH=!KNZ?U''ZETW(OZ;CECF.RJ\6S M(-F.`;[\F_'M>UN510]OV?.?C5_9Z/1IO]/U+%TW6J;'Y/2.I#K./GUXV6,& MUV'C58MCF/;^T,7%M^T95>#DX+G8OZOZKZ\?]/ZU7VI1Z_CXN#DLZ)G57Y-S M[9:UMNUM[G^UIL:[]*QC_9SUE9Z M7K_8/6_GO5J]9)3SWU7M>_ZP8U8O&1B,9:['JKZS7F54DMC;5AMQ\?,R/29^ MAK]>Z^K&JM75?6IS6_5CJY<8`P[/L9;T:G`L9B4N. M6VEE.0[=[!7FU5,].BW(;3]J^QT7Y'V-GZ'(_3*[]?,Z9EX'7^A?5W*MKV]:Z'U'`Q;21^D-1L:RH MOW>]]%]'Z?=_IZKDD?#JZ;UGJWU4ZU2Q]/4/5?A]3J/M?ZV%0^S]:!_PU6SZ M;_TOV:UB22G_U=WJ%77L/Z^9>3T0U6OOP*_%>&9&K:LJAOH^ MG;9[/TU?J?HU+Z@9X_:O7NEG!?TD-O9EU8%OTF^JT593JOS/L[LBGU*O2_0_ MIOT2M?XP,(OHZ7U-F2[`/3LVOU<^N`^FF_\`5;G@O.STO5?C_:6O]GH?]MK+ MS;OK1T'ZQ=*ZKU@XN9TW7IV3U6AOHO-60ZLT6=0KI.QFYCZ/T6'U!V-1;;Z;W9'I5/QK:ZQ[[F4>E;ZO[GZ-= M3U#&LR,>*7.;=4YMM0;8ZIKGUG?75?94'O\`LUC_`&7MV6?H_P`Q874^@87U MLP]]UGHY=37X>46,S)90_(JQLIOJ8F37Z7_`&W9=4DIRVW"SZU_ M4ZUE!]+(Z=<693W>YQ%&X,]+96YK\=C_`.=]*KU/MUBXC(ONNSAAY^<[`P_L MV'D5Y3ZBZMG47XS+:[KKL]F%DV?:G^AE_IK*O2]/]/Z3/U?(>DIZ#,LOJL;DY^9 M]6^MW,KK==EW.=8^QPWUN99C=/?^M_8L<;OM-^#ZGH_S?J6_HU;R_K5E!V%] MKZ"`:C=C>I[^B]KVA[FNZA36&.QK\YWV##^U49V#B>MD9=U/^$_H]NACVXSZG MNS_6?:^XAO1[Q?CX5D/9B]5?]OG%^Q79639]K][*\+#>S[+D8_\`1O12G0S^ MJ_6'J>`ZL_5O&Q,:A]K*UE>1B[_P!8M]+]%9]G M_1WND_4[JG4JW[2Z MBFO_``]WZ3_M0IT]5Z;=T5W09C57;W_H/99?_1_TBT.B?6+ZO=.Z[B5XEN5EUX/1V8>/15C7%U]K M[&Y%UN/0YC;&OM])NYUNRJS_`$GZ-3P?J;]8^M=(R>G9-K.@]/%WZ#"&+38= MPCUMD?JK_2^T9%7O72?5_P"K&3T/+R^K]7ZP_J-]M6U] MEC11576T,+WN9OL9[6T,_2?H]GO_`-(DITWYV9?T@6FB[!S_ MT*LAU;G_`&=WH,>S,OKWO]*O_2*[B8S,7%JQV!H;6T-]K6L!/Y[_`$Z@VMF] MWO\`8J>+4,W./4KJ_90#7@BQE3BV=_JYV)E4NNL]'J%#Z6[-U?LI_FUI)*4N M*_QB9>6,CHV-@T/R[\3*'5KZ*BT'T,*'6:.^EO=;^B;^?9_+7:KS3.ZQFT_7 M''^MI+?V(,L]"ESMK17Q;G&W^;]#[7ZS]_\`W5_ZXDIO=*Z=TS,_QDCK73VM M./;TMF?+>U^230VQS/\`!6WXC=]GY_\`A/\`")*__BYZ7AXN%U+J&&QC<;J> M?D68A8(_5:WNIQ6_\7[;7U?R+$DE/__6],ZET_&ZG@9'3\II=CY5;JK`-##A M$M/[[?S%YQT;ZGYMW2<[ZMXW7;\3.QG649^!>UEV.^IY+\:_$I=MNQ:\WXPW/MP'#(VY6+O\`>^CUV/J]?T[/ M3K_GUWG1^L8'6NGU=0Z?8+:+@#R-S71+JK6M+MEM<^]B2GD/4NZIU_J/6NG= M0K./TS(Q6U9SKW?8Z\0T"[JM6RO]5RGN=_._I*_2_06?:J/074W8K-6_)_,S=N]BJ]=Z2,JVFS,+7]`PZ[+\KI[&D MFVUA%M#K:JFO^UT5Q8_[%_A,CT[/UC^;5#ZN_6L9EV0&U-HZ'@X@O]5S&L.. MT!C\>BZVG+SJLAS\/?D.]-N._%]/9=7^E24]#@=1IS"^G^:S,<5_;,4N#GTO MM8VYM5CJRZMWL=].MVQ4NM_5;IW6;:,FQ]^'FXI<:,S#L--S=X;7:-X#FOWU ML:SWL^@K#!T_K>)B=1H<7L@WX.0`6N:;&/H;>QE@^EZ-S_9?7_UM0J'6\1]= M)%>?C[Z:A:3Z5S*Q6?M69E.]U63:_(:W93CTX_\`.)*>,_\`&GR/^<7[0=U: MZS$M]=U]C7&G+'JM>UK*[:6^D_QK;?0]N/O_`$MV-LV9%]6)<_\`HM:ZAOU@P64>MFMMZ>!6RZQN M4PL],66'&I9;:SU<;UK+6_S/K^HC.ZUT=I<'9V.TM-K7`VL!!QQNS&F7?]I6 M^[(_T/\`A$E/(Y_U(^M(SZJ^E==N;@.!=D7YC_7OWGV[*Z/19C[-K?:[=6_W MV^K_`():F']0>D5Y/VCJ+W=6+7.>QF7706[G#T]]OHT5?:7,K'IT_:/4JH_P M%5:U7?63H37LK^W4O=9912P,=OE^4WU,%OZ/?_2J_?59_-[$]74LK,K:[#P[ M:]P8\/S&FAL>KZ-]+JSNRV9#:*WW5;L;T;/T/Z5)3>?9517NLW#_:-H/ZM]K?[*?;_P`?Z-3Z[$E(\[JCJ'NZ(VRCI.9E M`U=&L=^E:]K&U[[&TL;372^KU/2HQGW?I/3_`#V*C]4NF=5P\JRNTY&#C8K? M3NP7N^TXMMSO=]KZ7FY3WY]>/L_26X]C?Y^[T_\`!6J'3^C]2MR,WH?637U+ MIM[7VY3[*IMW6748/V>OI]WI/Q?TGJ+:ZIU3IGU:Z. M+\ESACX[6TX]4FRVUP&RC'J]1SK+[[-OYSO^%M_PEB2G&_QB_6BOHO2FX-.2 M,;J'4W"FFWW3342&Y.:37[V>BQWZ/;^E]7])5_,V+G^I=-^PW9O^+SIV.]^/ MU@X^5@/=%C,>KOC_`/#6?\7ZM:UF=E87UW?]:375FC$P MWM#7`MJW-MRL+`J<[Z/ZRVFFQK/Y[)_TO\ZNQ^J.!U"[?]8^MTBCJN?4RJO' MB/L^*SW58_OWW>K>_P#6LGU;-_\`-U?HO124]!BXU&)C58N.STZ,=C:JF"2& ML8`RMGN]WM:U)%224__7]522224^>=?Z)]6OJUE7974NC597U?ZC8'ONJK!N MQ,AVUCF[I9/9C9+!;1@4@FIMV]V1BUCW>E98QV^W$I_,M?ZOI5?Z&JM)3UW0 M>O\`2_K!T]F?TVT65NT>PZ65N_.IOK_P=C?^G].KU*E4ZO\`5JC*Q#BX3*:* MHT/:37D@.:[(KMV_1=;Z=5O_"6T_IOT=MRY2WI/UWZEFU=?Z*.DX.1 M!+\O#N>]F6WZ)9?MKLQ\EO\`+M;ZC/\`2_HUM8WUY/3\JKIOUOQAT;-M;-60 M'"S$N@^FYU=S"_[-[O?Z>3_,U_SUR2D-(ZX_ZV>F,^[%93?#.G##M&+]C:'N M#F9E+[,%[LJM^[[1D;+ZLVO[-6RO^:6KU#ZVXV#GOQSC768>-951U#J#=K:< M>V\U_9JG>HYEEW\]4_(?0W]6]6K_`*WN5V5VUMMJ>VRNP!S'M(+7-(EKFN;] M)KEC9GU5PLO/=F/NN].RQF3;@[_U6W(J:RNC)R*0WU;-GHT?H?6^SV>A5OJ2 M4U^G?6I_5?K#D]-Z?779B8!]/,=8;:LAK]I=ZE=%M+:GT^O^J_SWK;_4N_F/ M2]6HSZWX=]](MZ+8QMF>>E^M:[%(KR7DUY--GIY%MK=S&._P?ZS^C^GZU2VO MJ]TS+Z9@V49EM=]]N1?DOMJ:YC7&^QV0[]&]]FS:ZS9]/Z"Q>M_4K(ZAU/J& M;CW^DV_';;AUFQ[6U]386MKZEL8UWI/KHQ<2KU:_TG](24WJ_K'81NJP654C MJ7[,%MV152US&.?19DT3_.[+J_1IPF_IK59/UGZ8;.HUU"ZX]+KLLR'LJ>:R M:1NOQZ?J?7T+IQI^UX_H/JMR"[8;JK:\ MJ^^Q[&OMW9%C;GOVM_PJ+5]6'_\`.0=>MOK80UTTX]0K>\V5UT/JSLIK_P!? MQJG5NNQO6QO6KL]/]-^B24Y^3G=6ZGTK$MRFL=6ZVO+R\+I=]CKW=/NKL^S6 MM?7]GRMS,G:^UF-_2OLUGH?Z!/TKZMY74,+'R.HVWT[F9.)?5<`K]6?,N!/V6AH#=V3EY3?:^IF_P"A MC?3_`)C?7?Z3'I3I]4ZOT/ZJ='99E/&/BXU8KQJ&G=8_8`VNC'8YVZVSZ/YW M_"76;/TBX'J]?4NI7?5_ZZ=6RFT8EG4\88N`=HJQL1[_`%!?;>3_`#]OV=C[ M[/Y?^"KJ].JQCXSCTGZS?63ZT/JS\_&.3@XEEHG'9Z;?0]+!IL:/2];,?]FW M[=[_`/KMS[KO2?J_U#ZS]*Z+C=7QWX/0>E55%N+;`R,NZJL4^KO?7[_P#"5>FE)>F]$9]9OK-G?6"QSV]`L=2VG&ES69UF,/T67D5F/5PZ M+?Z/7]"_^I_.]VHL8RMC:ZVAC&`-:UH@`#1K6M"DDI22222G_]#U5))))2DD MDDE/#_67_%A@YSW9W0+?V1U$G<6UES,>PP6^YE/OQW._TN/_`"_T&^QQH=]%&12^C(K;=38 M"VRJQHUS4E/FO2_JO\`6/UAUCZNY>']7>GO8'/QJ,E^;18X27WV M[VNQ/YMS:O9]#TOT:/5]??K5C]4/2Z<3$^L[F-:YV1TIU@:W<7,VY-NV^BJS MV_\`%?RUH]6_Q2?53/N7MB_JE^4S)>\_UJ6_HG_`,6H877.H56C MJ_5>@=9ZMUUK7>BRS%->)C.<=:^G-;ZOHM>UK*[,MU=N5;Z22G2S?\:;<7T& MGH'4VV99+<9M]7I>J[V[&T?SKK=V]O\`-M0K?KG]>LKJM71NQ>O=;NS.D=)K;9UDP M,;$-H_6&85;:G5U[**?TF5E._35?\!99^CJ?5[KN/;UGJ]_U3Z9]HSL@,Q.F M5LJ;3CX^+4W^F9>02S^E7#UO0M9ZUGHU5>I^D72=*_Q8=*QZ@.JYF5U9S[3D MWU76N;COO=]+)=BL/OL='O=?==ZG^$778V-C8E#,?%J9116(954T,8T<^QC- MK6I*>8^J_P!2'].QL4]ZZJHAOVC*]:^Y_VW)_2_ MZ+T?376)))*4DDDDI22222G_V3A"24T$(0``````50````$!````#P!!`&0` M;P!B`&4`(`!0`&@`;P!T`&\`:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O,2XP+P`\/WAP86-K970@ M8F5G:6X](N^[OR(@:60](EG)E4WI.5&-Z:V,Y9"(_/B`\ M>#IX;7!M971A('AM;&YS.G@](F%D;V)E.FYS.FUE=&$O(B!X.GAM<'1K/2)! M9&]B92!835`@0V]R92`U+C`M8S`V,"`V,2XQ,S0W-S&UL;G,Z>&UP34T](FAT='`Z+R]N&%P+S$N,"]M;2\B('AM;&YS.G-T179T/2)H='1P.B\O;G,N M861O8F4N8V]M+WAA<"\Q+C`O&UP.D-R96%T941A=&4](C(P,3(M,#(M,3-4 M,30Z,S$Z-#@M,#4Z,#`B('AM<#I-;V1I9GE$871E/2(R,#$R+3`S+3(R5#`U M.C$P.C,X*S`U.C,P(B!X;7`Z365T861A=&%$871E/2(R,#$R+3`S+3(R5#`U M.C$P.C,X*S`U.C,P(B!X;7!-33I$;V-U;65N=$E$/2)U=6ED.F1B.#@Q-F5D M+34P-S$M-&0X-2UB-S)B+64U9#AF-64U.#DT,"(@>&UP34TZ26YS=&%N8V5) M1#TB>&UP+FEI9#HY,D%%14(T0S5!-S-%,3$Q.3&UP34TZ3W)I9VEN86Q$;V-U;65N=$E$/2)U=6ED.F1B.#@Q-F5D+34P-S$M M-&0X-2UB-S)B+64U9#AF-64U.#DT,"(@9&,Z9F]R;6%T/2)I;6%G92]J<&5G M(B!P:&]T;W-H;W`Z0V]L;W)-;V1E/2(S(B!P:&]T;W-H;W`Z24-#4')O9FEL M93TB&UP34TZ2&ES=&]R>3X@/')D9CI3 M97$^(#QR9&8Z;&D@&UP34TZ2&ES=&]R M>3X@/'AM<$U-.D1E&UP;65T83X@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`\/WAP86-K970@96YD/2)W(C\^_^(,6$E#0U]04D]&24Q% M``$!```,2$QI;F\"$```;6YT`",`*``M`#(`-P`[ M`$``10!*`$\`5`!9`%X`8P!H`&T`<@!W`'P`@0"&`(L`D`"5`)H`GP"D`*D` MK@"R`+<`O`#!`,8`RP#0`-4`VP#@`.4`ZP#P`/8`^P$!`0& M!YD'K`>_!]('Y0?X"`L('P@R"$8(6@AN"(((E@BJ"+X(T@CG"/L)$`DE"3H) M3PED"7D)CPFD";H)SPGE"?L*$0HG"CT*5`IJ"H$*F`JN"L4*W`KS"PL+(@LY M"U$+:0N`"Y@+L`O("^$+^0P2#"H,0PQ<#'4,C@RG#,`,V0SS#0T-)@U`#5H- M=`V.#:D-PPW>#?@.$PXN#DD.9`Y_#IL.M@[2#NX/"0\E#T$/7@]Z#Y8/LP_/ M#^P0"1`F$$,081!^$)L0N1#7$/41$Q$Q$4\1;1&,$:H1R1'H$@<2)A)%$F02 MA!*C$L,2XQ,#$R,30Q-C$X,3I!/%$^44!A0G%$D4:A2+%*T4SA3P%1(5-!56 M%7@5FQ6]%>`6`Q8F%DD6;!:/%K(6UA;Z%QT701=E%XD7KA?2%_<8&QA`&&48 MBABO&-48^AD@&449:QF1&;<9W1H$&BH:41IW&IX:Q1KL&Q0;.QMC&XH;LAO: M'`(<*AQ2''LP>%AY`'FH>E!Z^'ND?$Q\^'VD? ME!^_'^H@%2!!(&P@F"#$(/`A'"%((74AH2'.(?LB)R)5(H(BKR+=(PHC."-F M(Y0CPB/P)!\D321\)*LDVB4))3@E:"67)<`^(#Y@/J`^X#\A/V$_HC_B0"-`9$"F M0.=!*4%J0:Q![D(P0G)"M4+W0SI#?4/`1`-$1T2*1,Y%$D5519I%WD8B1F=& MJT;P1S5'>T?`2`5(2TB12-=)'4EC2:E)\$HW2GU*Q$L,2U-+FDOB3"I,%W)7AI>;%Z]7P]?85^S8`5@5V"J8/QA M3V&B8?5B26*<8O!C0V.78^MD0&249.EE/6629>=F/6:29NAG/6>39^EH/VB6 M:.QI0VF::?%J2&J?:O=K3VNG:_]L5VRO;0AM8&VY;A)N:V[$;QYO>&_1<"MP MAG#@<3IQE7'P,QY*GF)>>=Z1GJE>P1[8WO"?"%\@7SA?4%]H7X!?F)^PG\C?X1_Y8!'@*B! M"H%K@%JX8.AG*&UX<[AY^(!(AIB,Z),XF9 MB?Z*9(K*BS"+EHO\C&.,RHTQC9B-_XYFCLZ/-H^>D`:0;I#6D3^1J)(1DGJ2 MXY--D[:4()2*E/257Y7)EC26GY<*EW67X)A,F+B9))F0F?R::)K5FT*;KYP< MG(F<]YUDG=*>0)ZNGQV?BY_ZH&F@V*%'H;:B)J*6HP:C=J/FI%:DQZ4XI:FF M&J:+IOVG;J?@J%*HQ*DWJ:FJ'*J/JP*K=:OIK%RLT*U$K;BN+:ZAKQ:OB[`` ML'6PZK%@L=:R2[+"LSBSKK0EM)RU$[6*M@&V>;;PMVBWX+A9N-&Y2KG"NCNZ MM;LNNZ>$;R;O16]C[X*OH2^_[]ZO_7`<,#LP6?!X$?PMO#6,/4Q%'$SL5+ MQHM\IWZ_@-N"]X43AS.)3XMOC8^/KY'/D_.6$Y@WFENV<[BCNM.]`[\SP6/#E\7+Q__*,\QGSI_0T M],+U4/7>]FWV^_>*^!GXJ/DX^H6& MAXB)BI25EI>8F9JDI::GJ*FJM+6VM[BYNL3%QL?(R'EZ>WQ]?G]TA8:'B(F*BXR-CH^#E)66EYB9FIN]^Z]U[W[KW7O?NO=>]^Z]U[W M[KW7O?NO=>]^Z]T6KN3YF_$3X\/70=[_`"@^/_3]9C8!4UF+['[>V%M#,Q1/ M%431:<)G,]1Y::2HCI9/$B0L\I0A`QX]^Z]U4QVE_P`*>?Y+O5]9E,=_LU=; MV+78AZVFJEZKZ@[=WCC9:^DC1H:"@W-'LNBVED9,E(_CIYH*]Z,N#KF06)]U M[H*ML?\`"I+X&=C0UE?TW\=_YB/>&!QLD-+DMS]1_%*HWEM['9653*V%K-D`\Z2-#_PK;_E;TN[\IL3L?:'S(Z4W3A,I28C M,83M7H&@Q>;Q574>NH7);;VWO_=.YZ`XV!DEG26B2;QN#&DAN![KW1Q=A?\` M"C'^3OOK.1[7JOEW0]8[EEFBB3#=W=6=S=-L(ZAJ44]9+E>PNOL#MZFH9UK$ M<2R5B*L0:1]*(S#W7NK8.J>_.B^]L;)F>D>Y^J>X<3#Y!/DNK^PMI;]H8&A> M..9*BIVME\K%`\,DR*ZN5*,P!`)'OW7NA:]^Z]U[W[KW7O?NO=>]^Z]TF-Y; M.P&_=O56U]SP5]3AJVJQ%;/%C,YG=N5OW."S./S^,DAS&V\EB,S2B'*8R%W6 M*H19D4Q2AXG=&]U[I3^_=>Z][]U[KWOW7NO_T-_CW[KW7O?NO=>]^Z]U[W[K MW7O?NO=-^6RV*P&+R6O]Y=K5?Q(_E2]6U/\`,I^8!BDJ M\NT^_ZYTVS/AL+55,:+%AI*N"LJ9$I?O:>H>- M']U[JGKH27^>7_-W^;GR,^)7RE^5VWOBU\6OB7G\)M+Y8-\#\MC-OT^YMQ[P MP%'FH^A.M^UX8,[O6OW6M/334VYI:S+SP;:"U--4TLM1+#3R^Z]T`&(_EI?R M.NP/YDG9-94[EZJZ=^"O\O[;.VOF9/'N?YH_+&BIL7E-R8S(X7=W M81WG2]>=*8RO>'/9?%+AX=P[G)H:,5,%/4E/=>Z!KYL?S?OY7ORC[HV9\!VW M%F?CG_)9^-N.Q>1W%M3H;IJ"3IJ:>6820>Z M]TD/C%_/H_DP_P`O#:N[]^=,_'/YH_+SYI=I563SW:7RL^6FW^J\)VGVIN_( M4ZR5"[A[7J=]=A9S8VR3*WA&,PF)JEC@AC,R5LRB=O=>Z"W;O\PO^69_-FS= M-\@?YX_SG['P-=UWEMV?Z(OY=_1/4';NS>FM@4E;DJK&X_)4?;O6^*WWO3N/ M=6Z]N4U,U36-D-MUD4[BG_X#(D/OW7NE30?&WH#^9'DZS:__``G&_E];K^,Z M]*;@Q..W9_,OWE\H>Y?C_G=J9G(9+#YS*=?;:VU2[_WUN[=JY3"3B2HERE/6 MUU)2@B&BI&6GDF]U[JW+,9W^>9_*#ZKI^V/DO_,B_EY?*?KC!8K,97-]+?*W M?&=ZE[!S^/P.*KLG5X3I3O/+[:QF\.P=^50K[]U[JQ M;^7K_P`*+_Y;GS^;;.RZ7M"C^//?NX7Q]!#TCW?EL+A*W,9VNAIBF,V#OVFJ MY-C;YDJ*VH-/2TJ55)FJF1#_`+CD!6_NO=7R>_=>Z][]U[KWOW7NO>_=>Z][ M]U[KWOW7NO_1W^/?NO=>]^Z]U[W[KW7O?NO=5I?/7^:3T!\%*W975]9C]T=\ M_+?N248OH#X>]+TL>XNY^T\[5">+&SU5)&):/8&QC5P/]WG\MXJ6"F@J)((Z MMZ>2'W[KW6O[\M.P*&?H'/= MIY?8,7:M72]Y[[V9GJENY:?J/8-309/-TU;6?8IEZ/W_+8_EI_\*)=P M?&W.=*=C_(WKK^6]TSVUV9OKMWM;=.$V9M/>OS@[/W)VQN!-S;\W'F\[M:I: MCVGF,XM4U-!4S9W&Y['0TT5-)"((D5O=>ZLD^//_``DM_E(]-3TV6[*VIW'\ MI]Q)X:BHJ^\>T\I38%LH`SUM;3[7ZLINN:*>"NK)'F:#)29,:F(+,";^Z]U; MQU9_*S_EM=*434/6/P3^*6V$Y?,SM2QP1P-49_/8+*9RI9/MD: M\E0Q:4&0W%V[B,72O,P`:9J>AHX M(FE8*`6(N0/?NO==YC8NR-PP)2Y_9VU M@J)F+S3TN_MF46WM[T$T[$EW@R$;.3ZB??NO=4C]Y_\`"2_X75=;DMY_!;OO MY,?`'LJ=:AJ"LZW[&W+O?8\320/&D%3B<_N#&]C?;AI''[.[(E1)74(5LH]U M[JE2I_DY_+/^5CVGV!\@/F/_`"]-G_S[^J,[78&2B[)PG:':^:[AZIQ6*K\C M-F\MF.C-R46[1N\[DQM:):JGEQNXJ.BFH8C_`!2EB>83^Z]T+$'\WSXX_P`S M;';Z^%GPR_X3G=?=^[R&S,IE,YU_NC,]-]0'8V+IMP83;>4W']UM#8.W\WM: M/`;DK\.DU71;@P=?%,RKY8!'YE]U[HY'P0W;_P`*3/Y8/2FU#\J?BS1?-CXK M;*PN.7-]=;5[BV3OOYB],[%Q5%+`:;8M;CLD$[*I=NT0B,>#J:C<588*9*>G MK:.,/(GNO=;6OQ6^5?1'S3Z/V9\A_CCOS']@]8;WI9'H,G2QS464P^5I"L68 MVKNO!5J0Y7;&[=OU9\-=CZR..>![&QC>-W]U[HQ'OW7NO>_=>Z][]U[KWOW7 MNO_2W^/?NO=>]^Z]U[W[KW6O)_,;_F\9NF^4.P/Y2/\`+IS6V-T?S">]LS'M M/%K,U0;;6*:*-88VK0TL MM-05GNO=53=2=4_R^OY,G\VWY@?(WNSY/;C[+W9\>?Y<77>\>S-]_(SLG;^Z M^].W?E5\@^P]YUNY:GK+;M73T.=J]U[GZYV'BJ*GQN.%=_#*/ M4AVCC=F;/V9656UJ/<\'5:;4V?A:&#*YAXL7D*/%)408_(0U#^7W7NMQ3X,? MRU?AC_+GZ\Q^P/BMTKMC9-2F(H\5N;LFMH*'+]N=AR4T_>PIJ.+-9NI MKZJ'[AZ:,T^,IY3:EI:>()&ONO="Y\L_DYLSXA=(;@[MWM@]R[KI,=GMB;*V MYLW9ZX4;FWOV#VCOC;_6W76S!Z4[*_T4;KP_7,TE1%E4J,W/35L=C8W^6AOF?;.R]N[8[ M=S:=+]G;`H(\YE.JMRXW:&2G:I?&/E,G#093'4KY""NHII/=>Z$7YL_S=/FG MU3GNP=P_%'I7XM;WZ-ZY_ER=;_S+ZK=/=F]NW<-OCZ^B]N=:=>]!]G M=;[MPWQ\RO;&U*S?W9V3^1FWV^0O<^U>L,%+%MOKGK;=G6?4FV,7C=QQU-#G M-_9_#8_=61G-!BR]12LE1[KW0W_,3^;UM;X8?(3Z]T^>W^NML5&X)MS] M%[DVWM/L./*;,W?M_#4V:W7LO";_`,/!MO.VYOBG.V]PTKU,^&JJ^&B MJ'-/4-'.IC]^Z]U6'\]OY*/Q@^9VZY_D#L#+;R^'?SCQ7CK]E?,KXW96OV/V M91YRCA2&BEWY08/(X;'=CXJ6&%*>J%4]/E)*-?#%7P)[]U[K5+WAD_YR_P`4 MOEE!\2/YIW\YSO+X7](=@[8R-!T7\VMK=?8/LSHSM;/4XQZ0[7R?9#MUMN'I M_<4.&-5)4U69JHJZFJX`\KI334]?+[KW1E>E_P"6+V[_`"LJC>WS8_EG?SB> MG?EUNS;'VG8W?_QB[`W1U_MC8WRBVZ))LYO;%Y?>V)[F[`PN$WYNO&1U\V!R MV0QS5L5<$_W)`&1W]U[K;5_E^?/GH#^9%\:-D?)CX^;ABKL%N.E2BW=LVMJZ M-]Y=6;YI88SGNO\`?6,IY&EQFZ M][]U[KWOW7NO_]/?X]^Z]U[W[KW6O+_/@_G&X3X!]=X?XU=';GIA\X/D9_=K M;&Q*Y,74Y_"_'79V_P#,W-VIW#\J_DS7[KV MW@,!7YN5ZJLH]O=A]GR9?*^?*I'28Q))5II!%"RLONO=&Q^`?\D?=OS.^5.^ M?YPG\XKK+$Q]X]Q;QVMV%TI\,)C)4[,Z8VCM;`XK$=;+W+C:P/-N/=.%VYB, M=$-N56BD@FII)\Q3S5M1)0T'NO=;=,,,5/%%!!%'!!!&D,,,*+'%#%&H2.** M-`J1QQHH"J```+#W[KW04=<]^=(=PYKL/;74?;W6?:.XNIM+@,E7R[7SWW.&JXS25HAJ%>FD5D!1@/=>ZU4^YNV_D7_ M`#'/C[A-@?)3N7XZ9KH#YV]_;V^#';7P@V7M*NVI\E_@IWIA=][QVGU!NS$[ MVQW;LF<[MW%TOV[UIB-R;[Q.;PV/QM3@UJZNDI'QRH/?NO='CZPZK[\_F%?R M*\9\4F^,D7PX[L;K'J?IC^`][[$R72'6V&W/U=DM@9^+Y`=1=>[#H,ENG'[4 MQN>V]'N+;&#RF(P!DRU(E!60PT8:ID]U[JU?-]5;KWK\)LOTU\U>Y=L8K=N] M^IZCK'OKNCI'Q]*8*N3E5N@;+?/X[)BBU/(Q6IJI&I$IB\,< M7NO=5RY'^6W_`"@\A0["ZQ['[AW5V9EJ3:4'\K^DAW+\Z.W:3.[VH=H_Q+M_ M$_$??V/ZW[4V=A=P[LVE@ZMZN#;==1+D%Q?B$T$B^,GW7NDQV3_+\_D>?+Q^ MHMW5O86->JS_`%7-MO9.Y^N?F#VGU]6=P=??`/)TVR:C=.[LIA>R\7)VSD_B M[E<>M+/NG*M6Y/#2*&FK?1&R>Z]T*V^OY2O47(GER>1:EJZ1: MN(U:2U,4_NO=%(W7\7_EM\`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`TZ7WOW7NO>_=>Z__U-_CW[KW1,OGS\V.N/@!\:-X?(;L/&9O=E91UN'V M7U;U;M&DFR6^^Z.Y=Z5+8GK?J78N(I(:JNR6X]WYQ@EH89WIJ**HJC&Z0.#[ MKW6H5UO#D.^/^$_O\W'YJ=[5N!VG\\MX_*O=G9/R6S7:%%N+:E;UKW)\/>Y. MN<]T[\>ZLO_`)7'QS[; M_FC?([:G\]/^8)UCM;:,%3UY@MN?RY_BY+-D=R4/1O7U#75.1_T\9G)9#'X" M+<6\M]9BKKLC@*JJH&:.CKTR$(B"8D4GNO=;2?OW7NJEOG%\\>]NKN^^L?AS M\1NI]I;A^2W9>T=S]F;7W%\GL?V/US\:>P\9L;"9K/Y/H7J[M_`8UL5N;Y,[ MMQF&GK*/&"4X_"8:BK,CDGTPQTTWNO=$^^#V7W;OSO7>_P`AOY8V&ZYV%TAW M1\A7P?\`-3^)GR4VWVEL+?\`\:_F'M>OQM7W]O;J>;%X!MM;P[AW)MRM_@.Z M**#(R;9FS>.QF3IZAS)D8S[KW5FG9/7GP/Z$[CR_RJJ_C;U1DOE"U=U]BMR= MB]4=![=<>%,7159FE:"E ME5/=>Z%;'X/Y(=FF"KWOG,/T'MR6B^0&Q-T]>;#JJ;L#=V>GVTG7FZ,9LG'MEJO#R;?R\,>1RRTYJ&_AXEJ?=>Z;\1\*?C]_`\MBNQ]J MU/R`R.\.L.D>J>T-Q_(3(OVM5]NX7X^555E^M<]V'MG/1?Z-Z[>=!NJOJ,W4 MY.AP>/EJLQ-]RXU10"+W7NA]H.N.O,5/D*K%[#V9C:G+;QF[$RM30;7P='/D M^P:BAI\7/OK(34]#')6[QGQE)%3ODY"U:T$21F4HH`]U[J!F>H^J=QT)Q>X> ML>O<[C6P>]=L''9G9>V\I0G;79*JG8NWC25V-GIS@]_(@&:I-/V^5``JDE]^ MZ]T$&3^&OQUGJ?XEM?KVAZJSW.QZBMDV[-D\QMFHJ"U[2'6/=>Z`63M3X[?R M3OC3L+KSM+>>^>_OE/\`(_?6>W+#38+;.1KNZ/GI\TNQ:CP^&H>A-B9#$M]GENNMM8^DVU5 M9&ER:5&[(\76Y1J%XH3+2>Z]U91\LOB;T/\`-WH7??QM^2&Q:#?W5O8&.-+D ML=4VI\IA2-_=>ZT<,1V#_+N M_E:]IU_\JW^;%_*7ZV[HFZW@KJOH3YK=._&CKW=>]_D/T3D9:]-A[][%PT%! MM[>55O+"8*HJZ]UNB^_=>Z][]U[K__U=_CW[KW6G9_,G^6 M_9';_P`[NL?E!M*NZ]JOY>G\ES^8%\<.H_D.^XH9\Y%O#O#OEZ7K[M_MV!DH MY\;CX_AUC^R,-C:)65JVCW!D*ZMCPV.J*@9#N7<>$.3 MW%BI*[[:7^%U]>85R<-)-'[KW6[]C\?C\1CZ'$XFAH\9B\91TV/QN-Q]-#18 M_'X^BA2FHZ&AHZ9(J>DHZ2GB6.**-52-%"J``![]U[JL/YW?*_I_/8_M?^7S MU)\R^HNE/YAO:G4N0?I'8N=[`;:6[:C<>9H:BOVQ@#F\9)'E=H9+?U'CY*.& M?'S)N6@HJT9/&PM-'3.WNO=56?"WXF[V^1&Q8?@=WO\`'7Y\=0?'C96!WMW5 MWQV%\E[.G-\]9CX6][8SNSN+LC$=<==[7V]N_$TN0PF4;_<+ MD$-57R92MFJ9/=>ZOIAW:M!NK'_&SX\X;&>3J/)==T/?$.^5[?VE5;5Z9[`V M1OE]O[OZK['R>QL[M[N7L^HW%MFE2I!S4[QVK),G6PUPB2?W7NA:ZKZ>VWU9 M@]NTL=?F=^;VPVP=I=<9KNGL7^!YSNGL/;VR1D7P)['W[C<'A*O=%93UN9KJ MOUQ1P"LKJF9(D>>4M[KW2!^0GS#^-/Q7H:&I[U[;V]LW)Y@*=N[)HJ;-;U[3 MW=>1DD_N1U%L'%[H[1WO]L$>2?\`A.(K?MX8WEET1H[K[KW6OI\C_P"8Y_,N M[;V-L+N_X4[U^*^V_C9V=\D.X>GZFNW%MOZHVV[\T?YAO<4./JL7N M?L_>F8W7M#>V7QF$POS$_F/?*^';';&T*O'04&V^TZ;^6]A^M-D;8Q>X=E4V M2K,?#@(LQ0-E:FE:J-.`\5+[KW2N@_F#_P`T+H7<&WMN+_IHCWE2T.`W##LV MF_F#_P`$W3E(L1LJ;#93&X3XS_S5>DJ[OS?+[UWSLI\7-N_S4]P_'3X]_P"S8?%JJ[ZVI79/;.^NB=W] M2;MPN^=O[+&Q^Z\3N?>/:O7^-V_VM'FJ[*[.SM3G-M,^.V_51U]!!72"FA]U M[K8BVMNO:^^-OXK=NRMR8#>&U<[2BNP>YMK9C';@V_F:)G>-:S%9G$U-7CLC M2M)&RB2&1T)4B_'OW7N@][9Z7VOVM)LS<-=%%0]C=2Y3<^[^D][3KD]?[L09?%8;=K4&W-ZU\)H,D)J65)VL$DTRI[KW1?-GYN'>RX[X MS_*[&4,G;.SJG`TW5':V^XNDMNYCY/;VZUZYVCN'>GRC^-W5N&W5O/-;!R77 MVZ]S&9T-%#4[9KGC,3O"4D;W7NJ$>Q/C'A/B1V]#0_(['4IZP^-\._/YC$GR M6W)N7%]W?S%/YJ?=?Q/V;@.WZ]U?]\%/EIN+Y?\`5&[-W[XZ/W)\?>Q>M.V-Y=+]B]?Y;<%+ MOK;*;OV9!AJ^LRW6G:6,Q.#P?:>Q*NAW!3QIF*&EA@3)PUM$09*-V;W7NBB? MSG/B;\A>Z^BMF_([X*U:;;_F$_"W=%=VU\:-R4D6,.6W3ALKB9Z3J*GJ6E[XV1FLE)M'=-/VJFR=N M>+)[?R-?N5('AJY()/NHU:+W7NMTS^53\[-L?S'?@AT'\J,'/`-Q[MVI3[?[ M:PL%.E&-L=T;/CBP79N%2B2:?[7&ON2FDK<9=M4N(K*24A3)I'NO=6'^_=>Z M_];<%_F@_+!_@[_+[^6?RDH*VAH-S]5].;EJ^NYZ]UJ-=VXWI7^2Y$^R*;?-IN]N_P"6>::IRLO8 MF_L9CYZ+`5\E3246V]G[DSNT^M\;FL/MO([_P!R8C#UE?A-ET&XMPS4^`P59NC) M4\5%%65LB4E,\XDF81JQ]^Z]UJ,X#"=U_*/?N=^,&]MVT/8OR3[PS>)WE\MO MY:W\X7I?:6XCU;LJDEQ%!E_DA\+?D'\4MH=:8#/[9Z[P=;3T&WY]L]F]=4G2 M?6?8?7F-[FQ68[)H,QBZ2'N7=.V=[3MA9,UG6KJ[+U4F1EIJZ"FJU]^Z]T9; MJ+J;8O176NS^HNLL9DL-L+8>)7";7Q>7W/NK>>1H<8D\]2E/4[HWOFMQ;JS# M)+4-:2MK:B4+9`VE54>Z]T[0]B=?U&]ZGK*#?.SINR*+!C$>]9=A=W[%R M>&S%7\?-A=-;7[+[?I<931;$QG:.%ZFPFZ*?>-!34FR*6:8#&T\\E@\#U5O/O_P"/.X`_8462 MWIA.N(QUWU!0;ZZPVQMNFI=X;LP&.=NP=^[$K:"IW'BE;$U#U)IU]U[JJR3^ M>%\OMZ/U_P!1?S&>D/BAVS\0?FIG=I?&W$]M_%JNI*;NKXX[D^2/6&S]\;#W M+O+:?8F=[:V8N_X.I.W\/N!!BK#+O&NZXW-TMT5L;8O84PEBI)ZS!88?Q. MG0S53&KDJ):CW7NK4NM.Y.I.Y\7D,WU#V?L#M##XG,YK;N4R?7^[\#NZAQV= MV[FLEMS.XBNJL#7U\-+D,5GGD4BZGW[KW43MSJRF[5VGE,)2; MJW'UINV?$9'$;:[=._S#>E-V]4?*;I':S=J[!;*OV+\8,7\BJ7([RV939Z MKSQM\]'[HV_DL=LKY`;(P5!E*K"U[C$Y3'5(@K:>L6D:WNO=4J]7;G MZ?VI\D?ACW3\Z_D=W9\F_P"970Y8;9V5_+6^%B;1W1TW\#H=VC&[$W;1;LZ$ MZ%SF$>DH>ZJN7(&`M!2224L%)3>Z]ULU=)Y?N;.=>T=?W_ M`+,V1L+L[^\&^*+);=Z[W=D-\;1&WL;O?<..V'F<;N++8/;>1GGW-L.EQN1J MZ>:BA>BK*J6G]0B#'W7NM3O<>2_F=?`K^<1\EOAQ\#]I?'?N;XN_)GKO<_\` M,+V5\4/D/NF7KS$YG)[JRE)M7Y"[#^/V_P!\>U%@=\9KM5*O-S;?F6JVW18F MN2JE@IM=1,_NO="+_)"^96UN[-I[H,55L23:FT M-L97JWIQ>T\148O(XZOV5EOD!VUAZN-,B5QVNP?@9\>_D1D/YG'2V]]Y9#-Y?<]=\7MN3;XR&/^.^_<94 M-+A<[1["[-R&9VU2D*(ZG'5U"SPP4X,(]U[K>U`MP.`.`!^/?NO=4_?+#H3> M7R*^:^UZ[XW_`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`M7^7CG?@1MCN";?GRW^1OS%[2[YWKC-\;Z['^0>Y: MG)5%"^%QE1B\)AMK[:;,9^BVXE/15;+72Q5DYK7CA4>."GIX8_=>Z2W\[39? M>N\?Y97R\FZ%[\;H',[-Z$[JWWO?(Q]>X+?TW8W6>U^HM]9#=_5%)49FKHZK M8%?O*E5$I]QXXOD<5-$KPJ=1(]U[K41_DH?R^_FCUY\X/A3W7\7OE9\7X^Q-PY/`1/DJN7 M=6T8MIU$Z^B3[]U[HH_:6&S?7'?/3O;.S(=]MM[L/=$W57= M&P.HNE.O-S-V%FMSX:BI>M>Y>].RJY<;O[:FQ>A5 M%A\?NO=5B?S`NMX^D.U]V;YF[YZ?_E8?`GLK8^1["^7?S!Z9Q/5&P?EOW[\D M,UNBAVMB^G:'L/<6.R^=VN,[L*E3,1Y_"83*;EGKJ&6&">F=C(WNO=&O_E`5 MGQS;X9X+!?%W>GR2[/ZQVAOO>NW!VQ\IL=VW0=D=K9Q:FBS%9V)CI>X:6@S> M2V/N;'YBEFQ,]!34F+,-TCIX)TJ(E]U[JJW_`(5']7]H;/Z+^)7\Q;XW;SDZ MU^2WP9^2>V*39F]UAQGV%%M+Y"9##==YF#<,F2I*NDJ,&^\*?`T]33U:38^? M&UM=#/%(LY'OW7NJ]NPOYJ'RKV7_`#+?Y2NS/Y@'P,S_`,>OFGUE\A*CXV;S M[]VWE7RGQK^0'0WRHP4?5VZLAUU4T6&R+UE=!ON3;6Y:"FIFIGIJ&?(Y>>&.GB%);W[KW6T7[]U[K3M M^5???Q$^9':6ZNQX/Y8LG;&_-T=G;;Z%V-\Q?B__`#`_B_U/\GZ>;*[ZR'2O M5&8R]%B.X-A=^]0U6:S6)J*&FP.Y\65BK:0X[(TI='B7W7NMC?LG9>+Z\V!\ M6_B9UODM^[1VKE<]L7K.BKJKI?)_)39N4ZCZ=VS'GMX=5=X;GW/#F<5LK']M M];[4JL##NG.5:5#Y:I0PR3UCI#+[KW1UX88:>&*GIXHX(((TA@@A18H888E" M1Q11H%2..-%`50``!8>_=>ZTE?YW/\POLBNS.PJ#K;N#?^Z=D]W=J_)#I&D^ M"787Q^RN(Z0[`Z9^-$&]]J=F]\]D[UV5G=K]K;LZNG[LZ]CR-9N2AWGMY-O[ M&@FJ5V[D((ZV>M]U[K5J[\^?&W-E[Y\>Q/A-_*+ZWW#\HMMX3L[='<'1V/WG MW96='5'<%+28ZLH=J566["WCLCXW=B=ZN>V?_`#%>TOE[VCU1_+Z^9G=_R$Q6V_C1'F^M.D>ROC-\KI=EUGS\^0/: MV0P63^,FS^^?F3@MMX?KO;.Y<+T)*]+1M68ZFFW-NF2IJZ]T=O MNK^2[\D_YBE=TKTWMC^:_P#->#X^[-^SWEO[I+Y[;`[*SW8^S:G<62R\>7QF MQ>QLOM#KG;?R*W9LZBPLD$4.9+286DEI,G#,M'E*8/[KW51?R@Z0_D4]==== MY_&_X]X'YL?,WMGXM]M?&3:U7WQG^WL[0_'W)YOL;O+`87NK$9?>V-BVUT1T MALF/;>%K]LQ[LSM'303[AS<)H9*Z&CEKXO=>Z&7Y2_RDOY6$E'\2,W\=._.^ MO@OW[\HM]9GJ?K''8GN'KSYH?%/I[MNN@K1M+K[M/Y(=/[\R4W6%=V?134=/ MCIJ7<>;JI(,F)FQ\E+1Y"6#W7NK/^EOB1D]J?'0[:_FO?SYNYFS.W,SU')\5OA[\H<_W/\`+E.I MCW'\BOET_P`6MD[AK\93]9===PXK;.V^F]S]E]=[9?)5\^]J>LKXZ\RP234M M9XVG]U[H>_CGM'?/2O\`+L[L_F-_*G^9=\[-L[R^(&4[7Z"^/FU[^^_C?ONDZZW[OWK^.@H=G]R[1W-L_;G9?2O? MVV\%CJ[)4FW*#MSJS=^/JJ['0SRTF.W'2Y6CI7DI:>%V]U[HQ?R%ZGV_WETI MV1U5N?;5)O#%;MVU50)MFOWGO+KO'YG,8R2'-[;H\COGKVJH][;6QS;CQE(: MBMQKFJAA#%4DYC?W7NB!_+';&T_D_P#";I[Y-93Y#?'#X[]@=%TVW/D9L_Y: MT%3@ODO\>NA=W#9N7V%V[N[9E3NC*=?['[9PU)LO>&Y,3@:_/4RTL>2DH\B^ M/^[IHX%]U[HH'\LCYW_`2D[XSOQTZZ_F/_+#^8-\D/DWD!V'5[U[M MJ1-E;4J(WAZUJ]L=';!Z)ZFV6&V-KUV[MFU/DHZ:KJDJ\?NG M`T=13E(W_P`HB2XM?W[KW6FYNK^;-M[Y9?R=O\`]-'Z M_P#:/?NO=?_1-M\1=[]?_(KYK_SH/A5\R=N[W_V6?^8A\Y>S.M_BSWC_``JL MP&P:_P"17QBPL^W-T[&V9O&M2%MK]\;#PVR-M97:M;]NL-=E-H5"T\T]1!%! M+[KW5B7_``G-V=O[;77/\RR7N?M+.=Z]Y8?^:=\ANF^R.[-RRTLN<[*'0>QN MHNN-KYVO%))40TCG#4/_``%$L@I&9H2=2-[]U[K8%WWNNCV'L?>6^,BU`F/V M;M3<.ZZY\KEZ';^,2CV[B*S+U39'/9-DQN$H%@HV,U74$04T=Y)"%4^_=>ZU M/OC]\N>G_D-\C/B?W[\R>P?^$[W8^"&Y=V[UVS6=9=S;:V[\I?AMNJNVGF>T M\7-#F^R]ZY'%]MY:AW]M^FHTODQU_ MV1LP[GW1U&GQ>EW1LSMG9'R+H*[H_>;]J[PPE;BZ')=!X3<#1;MS$^U-MP9; M;N^9:.JH$Q]764=-.DDA#^Z]T//;=1O>DZJ[,JNLVVLG8]-U]O.HZ_??%758 M_92;VAVYDI-JMN^OH7CK:+:ZYU8#D)8666.D\C(0P!]^Z]U\E7^<%\W/D%UC M_,L.U]E=K2UVXO@7U7F?A7L;=HP&XC0+MJ7KKQ8>Z]T8?OSY`_`CM'^1E\/\`XX]%]]],=&=N M?%ZEJ/D5\B>ELIU/V!N7?7R,^5^0FI-J;#Q=+O&79-/LC.P9+:65W1D\W)D, MA64N*AI\3BUCFIXB]-[KW1).^/Y87RYZUS70ORYR_<7Q3W-4?)E?C?\`)VK; M97:O4.R]U]29OY9;@H]U=%KMI4M)0U)\L=' M3R*GNO=;&/877/\`-RI-[]W]G[`_F7?)_O7JVAHX:3XE?+CH+X.?'C>>%[PW M#OV#$;&W+M#(]J'?FQ,IUEN&'?N(Q6PIVQU1D:[,9>AACIZ8BC@IA[KW1`>C MNP]\?&CXDR_"_?.T/C;N[Y)?,_>6S?EKWAN386TN[/FS\A.Z,5TOW6_?-!A. MZ*_KW=^U>D8J/9U5L6LH]P;=HMSYZI@I:K(M645+FIY-?NO='GS/\TG)=\=( M]T[0QOPP^,Z*/W_`)3M;9WQ1[R_E.XG#;%W MK\P?DE\S,;+5_+?(=_U67^1'RMRW1%:>T^N.T>X]B]A9[>N]ME;,[QVIC]OK MT]D=O9W*X//5LCJVQ M\QIJGW7NCX?R`.^>[>H.\_@QTAFNH^W9MF=X?&KO#XO;\S%9T_ANL-N;,[!^ M$^6H^P//GH_XIALU55?2V]NQMZ;&S\^0VY15]7G]QTTKY3+LR1TWNO=;QGOW M7NJWMM;4K^W?@]WKU+L[%]#]^[KVKNOY(=;[&V=W3\;$W M7'76\>I'CEER?7&Q=P8G&8B7ZKQ^-/R=^?'RM[ M![4Z1P7SW_DH;>[0V9TGOS`XO:OPM??_`,BNTNH]^09C9]#M_>&5P/86\,)A M\ML;:U?#/C,QC(Z)*:FJ7I?)(\LD<=/[KW5^VXMM5VX^M<[L_<&5EGR6=V-D M]M9O.8&%\)--793`3XO)97"TYR$DF(EDGG>:F3[IC3DJ/*=.OW[KW6@1\!NS M/BE_."_DK=G?RP_D'3;57YU?!WI+MG+?$W<^^DPV#W7F]K]ZL4_P!F`Z5_YX3L;_N$7_TC M_P#'X=?_`/,J?^>.^O\`Q_/_`%=O^+5_S8]^Z]U__](>_@Y\@?AY\I.P/YHO M\E/YLUN;VSE.V_YEGS5[*^)G9^?OM?$U6_ZON#*96KV]T-O":*>+9_<_3W8M M"^>QC+7/+EWSLE*([N]'5>Z]U8A_PE`ZZRW5O\MCM79FZ:J6IW_@_G7\F<'V M0:NHDJ[SW'3[!B>&.3>TN$V[DO=H_%C9M3L7X1=%;3VW@-C4N*.!(BWNO='LS>%P^Y<-E]N M[AQ.,SV`S^,K\+G,'FJ"FRF'S.'RM++0Y/$Y;&5L*:)V M1@5)'OW7NOEN]A_RF^S_`.8E\O\`HCIFFV!E^G.Y=X_)CYW=,?*SYS=B=E[: MW9U)WCN[XR[[$<&)Z"ZCV]N**3;LO5746*@QU'MVBI<=33LLE/"4I,'7U,/N MO=;._P`E/Y6GP-?8/F<' MV5_,0ZZZX^#7Q)E^1O27PWZDZ^[OW'/MOY.[!^'G=>_-X]H],]=;EQM:M`].GOW7NK[?D=7_)NH^-:=1[Q MZ9P?\I[I_P"/V.WEV[A/DC\E/YHV#^;&;VOVUUYL:HVQC>K=M["QO;]%O_%] MT+M+M?)9[;51#73UN,W?1X[(10KD4HJF/W7NM._>/P=R.\Z3#_,G._)`;KZ_ M^0?:\-1U_O3NK%[IE[@W9DM]]C?(S%;'R_:5!@\3VC05W8&[$^.F0JZ269VMW]U-A-NX+!]F9[NG86U^W]N?*R@ZC:'$8?X3[G MI\;M#JG?&_\`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`*^_=>Z^>!\6 M?C)\8OYK?\B;LE-FOB^J/GU_*DQ/R2VQLCL78>Z*G#[ODZTFR/:O;FU]G;WS MM#&*SUMTYS"FI=4OEJ&OJ(6BBDK:>H]U[H]G]S.KO^?4U7_<'#]K_F MJ?\`X]3_`)Y7_B^_YS_:?T_\W/?NO=?_TQGZ,[0P&9J*3*C$5-< MG]Z<=EQ1-3.D9HX_=>ZLD_X2Z]-YOXI_&+YP?#+?V0I:SMCXR?S&.Z=G[V:" MGFI7S.,KNN^H!LK?L4-1/43'#]@X3%-D,>[,6-*55O6C^_=>ZN*_F`]O]Y=6 M]*[;VY\8X-O0_(?Y`=P=<_';J7=6\<4^>V9UEFNQJZLFW)VYNG`13T\FX0KZ*GII0899/?NO=$=PW6OR5_EU=I]*=B=D?/GB>]-F=U]-_'78V\9=P=L5L.P^N>U>J]W]1;2ZXW3$=J]IY;#4%?@LQ+N M#'1[&^8.QL=+V1O1MG;\Z!WU3TO3^.Z)_BVQ M5W9L#?&TJ^;LWTL]_-U_G(_'[:OQUP^VMG[8Z^ZFIML M4\>UH>P=L;?V=@=OY&HW%NL[QDSO8&7S=1D:^NDIY'+`0RM5>Z]U=KLK8'Q= M[I_GU?S&]@]D;-Z^W+VY2_!'XN4.T\KFX'GWWB=G;UV]W9U_W?C-K_ZU4_Y>WR,S'67Q7_F4_,7MK:W>'RNWMUK\ MP_A!U&FU.H-H=18G$;IV'\2=LYZ#IG$_(_>V9ZI[#@ZR^*]%2=7;?BS=50TU M%)+D,/C%AK89Y9JD>Z]T=;_9`:'O?MCZ]E=H;%WW\`M MW?#G<'=/4FW_`)<=5!-BS=/]D[5H6[JS%;,?:F,GP60R&:HFQ=(QFC M?W7NCC_%O^6SM#%=+[WQWS2ZZV/\2>T:G8'RX^9'J=^X&GPYW/'N^DR<&'WMLJ>JQM:)FJ8U]U[K2S^7&U>S-Z M;^^&?QUPF].R^R,!D^J]J0?'78^\-EKB\EL/;7R&[AWMNC9VQMCR4M,<_OK: M^XDW'19G'UM0/-)+EWIXHHUB53[KW0@9+XX[2^*/\[79OQ:V+5;OW=M?HW^8 M'U!U1CLCV/B:>GW+NN7:?<>S\+DLEDL/L6KD_P!QFX,M3SS4,=#**J3&S0?I MG+`>Z]U]-7^4_P!5=0UOR*_FZ_*_9_7>V,+O'MC^8MV?TZV^<5CYH:S/[1^/ M&Q^LMA[@I*>2NJ*^>FAK.]Z;>%=DGIIUILGDI#4&.,1PPP>Z]U=+ELKC,#BL MGG,UDZJ?S^:Q'7/\K?@Q'\O\`[)W/\M^W:;LC MY/\`8^0RN.W7\8.QZZC6?>F6W+GM]1[@QU8E/2X+$T]2[J(L=2ZQ[KW0;?R\ M.O>J*SY(=F9#8O\`-[^3WS\S_P`:\!F^J]T=(]G]F]7[DVWU=7;]SM,HS.]& MZUZXV2_8^\<=5=:5F)IZ]U;!WYNFDV-T5W3O:OGK M*:AV=U-V-NFMJ<>P2OIZ3;^S\SEJF>AI?J/=>Z^;AM MKXT]A?#7^2QTS_.%_EM[TQN*S?:/QL[-^*G\ROKC,;FK-_;9W3BNT=_[OZPI M^X!B,CFX8<)V+L;AJEII(!E?XA[KW6ZI_LGM!_S[+;7_;F MO_9/?^!N-_X`?\^R_P"!7_'M?\WO^`W^U^_=>Z__U#R?*;?/P'ZZ_FK_`#1_ MEH_S':C"8KI+^8DOQ_\`FE\=^ZLA4KLW*="_(_\`N1C/C]DJ/'=FP8^&?KC< MN:J>EJ+)X# M\?DO6]^]<]`?.+HWN??.:J]R;K[3ZJESG8G5>[-S;SS5749)JO?."W!4X?%5 ML\=7+3UU-#2U4*Q12+#%[KW5_GRQ^*?5?S-Z;R/1W<,N]:+:5?N79F[8V-N7';GPV0VUO;;<]+GMO54E1CS33S4DL4[T51-&KH7U#W7NB. M;!_D._RGNNLUA=UXSXB[=W+O?;V5P.=P_8'9G8/;_:V_<=G-L9>CSN!R]!N[ ML;L'<^;QU?C,ECX&C>GFA`BB6&WA'C]^Z]T>;Y'PY/"8[KKM7$8;.[AGZE[( MV]G\WCHN_P#)]"[$Q/7NX)CL[M+L7L^4UT&T.Q-K]1]=YW);GCP&;AFIZNLQ M47V[057BF3W7NC#4%?0Y6AHLIBZVDR6,R5)35^.R-!4PUE#7T-9"E125M%5T M[R4]5255/(LDJ,ENG=N3[C[ M'W3-\VSV]\C<=OQ]YYC+P;].9VOL:MQ^TJ/#NTM)255;5)!4T<`IX(_=>ZH: M^.7RHZL_E-_,ONW?>UL96_(BDV?!O7X1?S*.D-\]0=5]5==YOI3:^0PFVL?N MOH*OV]N39/6F1[/KZ'8R8;)[3S=#DZ]T;%ZLK^*G\O'`?"KX M>?R[>D^I?GGUW\J*3L'^=K\8NXMP=E=*9W;^:V9LO.87K3LO-;MV/UWDL5NO M=B96AWCMSKJEHZ\2"BJ&IZ^OJ98F@8PCW7NA]_F2=1=0_._X\;>W3\OOF7\1 M.COE9LOK'(;>Z@GVE\LMP_#FE[;V/V?N19N]>I.UNF_D&N=R758[)Z;H,?B, M:V2I]QU6%SF4FJJU)J2GAII?=>ZUE=P_,/H_^7_MW.9;K'MVA^0_S\S&R\A\ M2OAOC=M?*'K[OGXV_`;XQS]<8GK*EWOO+N;:W4W2/5';W>^5;>>[*#%R2451 MB<%B3'/D9](/W_NO=0_C3_*$W/\`$K^;Y_+QZD^37=FQ]Y=GT?R4%34YVA6$QPL#) M[KW5F^W_`(!]/_*G_A174=ZU%?EL?DL!\X/E/\F-[[*ZVRF!RNWMM=*?`>OZ M\V'M3?FXH(1DMUR;X[\^9N-KJ2MQL2($QV/K3`CR3J\'NO=;3_\`(SR&4WC_ M`"[-C=U;@H:S%;G^2_=WRX^2^Y<-74TM#4X+*]U_*KN'>BX*;&S4]*V-J<-C M:^GIJB$($%3%(RV#`#W7NCP_+'ZE]Z? M$OX]_)3HB;XU=R=:8;%6\19&]U[H/?C-\"?CQ\1]^=A;]Z4P^X<')OKKSIOJ M#%;3R&?DRFR>J>I.B:/=4>P^L^H<#+31G9>T/XWOG-9O)0B:HERF=RM37U,K MSRLWOW7NB$?\*-_D._QT_E`_*_)4IJ8\KV_A-O?'3'54$AIXL?3=W;AH=E[L MR-76*DC44-%L&LR[I($?_*!&MK-<>Z]UJ]?/OX=]L?RN\K@OY5OQ=:H[._EX M_P`Z[L3XQ8+J[']A[GKMUY_H;O'9?:G27^E:NH)\;1T-/NBD[(Q=+A:FIJ&2 MG@DQC)&%5L=KJ/=>Z^AK_`L-_P`ZVD_XM/\``O\`-+_Q9O\`G6_]0G^T?3W[ MKW7_U;LOYV\_QX^*O>OQP^??RSZ+V;WK\0-Z==[Y_E\?+_"9S9F/WOG-H;([ M>W1M[M+J+MK%X+(4U2^3H.O=Z[%RU'5Q4!CS$<6X?-0F2HBCC/NO=5P]&_&? MX'_`_P"?'P2_F<_RX/EIC^R/@]\DNTJS^7YVKUW4=C93M'#=-3]W;,W/ENFL M%M;/Y*NK-X[+VC!VYL_$T]3@=SC[K$5-532"003,(/=>ZW9/?NO=>]^Z]TP[ MIVMMG?.V=Q;*WIM[";NV=N[!Y7;&Z]J;FQ5#G=N;FVWGJ&?%YO`9_"9."JQN M8PN8QM5+3U5+41R03P2,CJRL0?=>Z+I\6LQNO#XC>/1&_JW)[GWKT'FJ;;^1 M[`Q7Q]R7Q^Z;W'MK>*UF]^M-M],8E\KN#;FX,)U9UKEL3MK)U&*R%5#%D\;( MLOAG9X(_=>ZTX_EI_,4_V7/Y@;4C^3/2G6GQ/Z?Z'_F5[C^7^XNTNHNO-M[R M[SQV^!L7O_9.[.G-R]5;SWYGMQ[WW!\M]HC:.1B[0Q5!@ML+C\LU32QBHH(* MF'W7NJ\5_FO?&L]V?SVNZ?BS\2?FQVQUA_,4^/>U9\5F*;K["-_H?K\3LS=V MWN].V^P<])6=FTFS^O<7V+V!1UM)($K(*>9A$9,>!1!/=>ZJTZ/_`)EW>F"^ M6OR>[<^'>S3F^Q?G#VOWYNWOCXH?(/;VP>UOC=V'U#4>?M3!;7SN&W/D,#D- MY]D8VOJMVT@M'15TE'6Q4&,DJ*K)5$$GNO='"W!\^]X_+/`]D=F[L_EM?RU. MC\]L3K/K'H796Q<-\3NTM[]X=LP[:W_NVAV9M;XZ]29_LF@ZWSVU>M^Z\'A\ M/V+-3TS9?';;K?L73+Q?[AIO=>Z#"MZHZ'W#N_JOJ+9==W;T'\FLAV?USE.O M5^)&Q^Y:;'_)O;&Y-K]F;:W-\J>@]R[ZZRZ'R";4WCV_N;&IA\;GXTBV[A\- MNBCPF5^UJ\5B$]U[H]'8'\HGXW_R_P#K;X_;^KNJOD3OSYI?)_XOXBMR?Q*^ M1'?7Q%^/FP>JLU63TFSOD=G_7OR3_EJ=+=.[LW]MJM[D^,VX,=V)UE_,(R MN"VWT_L@KWEL6@["VGG.U-T;7RQ6.FS&-HDAIZG*2U=521B22"".3W7NLE=_ M,2RO??\`.-^-7S"WS\=]L_!CX#]<;]7$YSY`_+_?FU.E>W^T,)U/TG\F.O>J ML]B^L>V-[8+/;5ZTH=W_`"%R\4-%M3!5:55?7P/E:]JBGCIZ+W7NJA>U?E;6 M_&SY2_S&:K;'\W*CV?E:OH3M6FPW8'1?5GQZ^5%#\I,!W5\G>T^WNO>F>J>U ML3E\-6[3R3X?Y&KEMVY>ID@S^WLK29183446+Q:CW7NMH_\`DS_R].VNZ?AQ M\/.X/DS_`#$?DQWWT-MO#8#=?1'QIVC@H_C-U#/A>O\`?E?6==;B[3J-O=>ZOLZUS*=[]O5_<^"SK5O4O6= M+NWKCI_=/5_R"EW9U?W74YRKP.,[>RG875NW*&EVS2[QZ6[)ZZK-M8B:LKLK M44K/E&C%,T[)[]U[HV'OW7NO>_=>ZU0?YYN\?C_\M?YFW\I/^43WW69'+=-] ML[P[*[U[]VAALWN3:]=DZINM^PMC_&O&'<.W:RBJJ=,OON@SOD2-_+&8H"Q1 M)M7OW7NBZ?#';?RB[1_FE_$7^6)\BMCXK<^!_D7U_>G=Z?*'?.YJ/=O8/R$Z MG[!P-3L3X9U4...(J&VEF\9M;>6#J\G`,E5_<5&WDED--4T,<4GNO=;I/OW7 MNO_6VU?YMWQPR/R=^`7?>S]IXG%Y7M?K["XSY`=%)E<%_>:GB[M^/V7HNV>N MZ88+[:M&6CW'F-K?P:HI3!.E519*:%HI%D9&]U[K4PWACOY"7\_SJS.9WIK- M;#_EM_S1*VCIE%&5JFBCD9J.H]U[K:F_DX?.["?S`?@GU9VE)EJ:L[:Z\A?HSY$XU,O29J MHQW=_5M+1[?W?E#7T;-%68G?BQ0;BQDXN)ZM,]^Z]T&7F?>=,7@<+2%$DJITI(*JMJII9Y4A@I MZ>*6HJ9Y$BBC>1U4^Z]T3':/;/5_SXV)LOY7_"KZ,WM2;H?Y5[+VWV@_7F*WO@6J]W8?;=5VUU!787<5`&5J6&'(TJ054)EIY(96]U[HE7SU_E3;%^&? MVC3?%WMW;&W/DAO*DV[MGMW='4'0^TJ#9.[;[(S^0W/LG*T\V\=J?('Y==8X#=Z8+;CT]#64^XI7_BE'6P4]9#[KW0 MQ?$SY@R;'PGSEVIT)N;XL9_H[M:+M>+N>/Y,_$G?,V$VG\:ZGKV:@ZE2FW5D M-\?(7>&R.NL;\B]U8;;VR-FG,92>#>$^#R&2K)*22N:#W7NA3B[`V/\`)//T M.\=Z=K?#[N[K3*_PC_1/@?YD_P`YY>U_DAT%T7!L_"8O`]14>8R60Z>V?MK= M%+NN.:LR'GF,2QSJDK2U,,E9+[KW4['9#?G4VZG[Y^(^SOA7L7Y@[:PL?8V8 M[S^(7\Q#"=B;VPT#[@S$'?N9W;F^ZOF7VWU_1;*W;LK*8[$4LFZ-NY>>NW'G MO!'354III(O=>ZV"O@=_*&[D_F7Y[;/SR_F"U?R3Z'W-GNX=C=Q[AZLW;US\ M5-MX;Y7]9X#,;9W_`-6[9[7QFQMOC>V=P.%FV3@I\O1[SQ%!03UM16?PC!8I M9&D7W7NMHY_Y='\OM\MBLZWP9^'_`/&<&:HXC)K\:^FTK<<:U!'5&DG39BO$ M9D%B0??NO=1NXM\5_8F8J/B=\>]Q;@VUG)\?F]G=M=W]"[NZ'J]S?!BN@V#C M]]=55.].LM_2Y^N&0[3H98:/!42;*<^Z]T)7?/?/2?PPZ4R M_;/:]95[4ZXVSD,/CZB+9&P-R;PSF4W'O;VZ$+LSLK8 M?3?7F]NV.T=U8?8_7/7&U\WO3?&[\_5+18;;>V-NX^?*9G+Y"H:^BGHJ*F=R M%#.Y`559B`?=>Z^?SOOK?:G\XOX:?S.OYM?1U'N+%_/OXY_.'!=\=)TM3+N/ M&]D;`^*OQVZRV/4=7=98V7^*T51AJ7>'7#9C>VO$+&]9N>CCIX2QB64^Z]UL M6_R'XNP/E+2?*/\`G`]T=;4O5F_?YC.ZNNTZSZ_.4R.X:G8GQS^/FR:3K#95 M+2YK+8K"5#4.^]V4&8S@\5+%!64\M)5*661-/NO=;"/OW7NO_]??X]^Z]UIZ M_*+J?^5A_+N^;':O0G\QOXM?'_*?";^9?OWZ"?H7 M>'P%_DA?*_9??'P8^9'2';'\K7Y[=D8#H_OWJ/`]Y[1[6W#\5.VL?A,W6=8] MS[4RE+N[-;QS/6=)5KD*'=0R2R5>$QE:*BHEJUBHEI_=>ZW6:*MH\E1TF1QU M735^/KZ:"MH:ZBGBJJ.MHZJ))Z:KI*F!Y(*FFJ8)%>.1&*.A!!(/OW7NM:'^ M8ETA\V\[%\[/C+A.I/DO\I*3Y\]M_&G>GQI[GVINW8N+Z3^,&T.KMP]/5FXN MJ^V*+([YVID.L,#L?<>R\IG4R&*P63;>6/S"PU_=>Z-]U)W5\2>F MOYMG>_0'7V0[V[J^5OS#CHNQ?D%ONDR-!F>@/CK0])=54F.ZPZ8S$=-E\+MW M:&]:O8U`M3%0T>-R>YZV*L@JLM4"C-'X/=>ZL9[`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`W?\X_D+E8$^0??'0_6N7ZQPG9.WMDUV2QO6(JMM9?/9N*@SW]V'AJL MY-11T4==E96\HJC2PUF_=T=9]B?#KX_=?[D[1Z&^/>XN@ MNP_YL/86R\WCL/!USU=OG?>'?K/XZOE:^II)#NOMBJ2#)9`4"U4]#0I1K.@I MZBL$7NO=<_YF>S?D-V5_-0V[\,/@)GM@[.V1_-]_E^=98+YB;D7;%?/7=9_' MSIC=G8FW&[TVWF,1G,9A)MT9SIO>%3LW')41U:5,5/148\(DIZB/W7NMNWK# MKK:G3_6O7G4NQ*!L5LCJ[8^T^NMFXQYY:E\=M79.!H-M;>H7J9F::H>DQ.,A MC,CDLY6Y-S[]U[I<^_=>Z__0W^/?NO=$$_F5_`+K3^9%\5MW?'C?[TF%W!%7 MX[?W378<^)HLY/U9W/M$5%1L?>Z8;)0U&.SF+AJ*B6BRV-J(W@R>'K*JE8*9 M5D3W7NM6JD^1G\@[O.+M3XF_SF?B'\;OA3_,!ZMS.4ZL[WW5MKI3*=:8#L+> M6,2JQT?='2?=G4VV*7<%#M;=U%34^=Q\6XY:9(XZ^%(VR5,?/-[KW1Z?Y,W\ MTWXG]:]L[@_E%/\`+_:7R!VIUGF,#A_Y>7R*;)I5T/;O26X,#!E-L_'#=^Z( M**CP0[TZ0J%FP=&A%&FX<3'1QT<"U,#02>Z]UM+9C'OEL1E,5'D*_$R9/'5V M/3*XJ9*?*8QZRFEIER&-GDBFC@KZ)I/)"[(ZK(H)4@6]^Z]UK@_+3=5=_)7^ M"?67QRZOH=^[@Q.^I^XL[VK\]\M]P?'WY04N]_ MEYW[3;BEQ&WZG.;::EW#D,9(CU4$K4M*/=>Z'+IG^87V/\-/B+\&\1_,/P7: M^Y?E5\NNY:KKWK7K>"'9V[.[]O=;[W[.E;8.[/DM5[9P?66T<56=,=8;PVY2 M]A9O%X.DI:;+RQH*):B=D7W7NKB^Y>ENLOD%UWN#JCM[;";NV#NIL$^>P1RN M;J'J#I+EZ:;Y';?H]_9O/Y;;^>Z(ZUAV/BJ+L[M3?6V/X6F0DFHMK044F-K()`ZN71 M?=>Z?,I\V?CK@MTUVS<[NC=F%SU%\B-@_%819+J;MJGQV0[M[.VS'NS9>WHDV_15D;TU36PS@1GW7NDYC?GOT%N*DV-7;-I.Y][4 MW8S_`"-I=I2;<^/_`'.YK,O\7(*N7LK!9&/*[)Q4FWLKE7H)H=L#(BEAW7.G MCQ4E4S(&]U[J;2]^=]=C[8P^Y>E/C)FZ3&[LZN^./:NT\I\A]T0]-RR1=L[S MK8^V.L]W;%I<3O#LC8W:W1_5E%%EZFAR&,CHJ_+9&#&+51/#531>Z]T_5/QM MRF^=PXK/=Y=L[I[-H-N;I[^_A?7&+HH=C=-[NZE[MQDVV<;U+WGU;35V=VUW MA1==[1D^VH:_+HIFJWEJFIT:5D]^Z]T(G8^_NK/BQT5NOL#/T!VAT]T/UO69 MRMP^Q-G9/,?W:V#L/"7CQFU-B;)Q5=DJBEQ.'QZP4E!CZ-A''&J(BHO'NO=4 M@4_RMV?_`#8-HY#XD_(';^\?@[N;M[:G7ORR^$6[=J=G].=KT/RG^/\`7U$; M;!_OUL?.]+;C[#Q%77Q4N\^M,QC\XV$7*8ZMBJ)2(:ZF]U[H[?\MWX[]M M[4^/YQORP_TP;QJJ?N*;L+IGJ_Y>R_&KM+M7XYXW:^/H-N;Z]T%_\V#^93E/BU3=:?$+XLKA>P/Y MD?S+R+];?&/KE\AAC3];RY^ER=#)\B.T:?*15U'CNNNO9J66JBAJJ>7^,55( M\:12TU/7O![KW6L;UKU1COAC\`O^%1G0?RL[9J/D3NG#]B;#VY5=G9:GR6*W M7W!W?W3US%F>I]^Z]U__T=_CW[KW M7O?NO=4F_P`UKX4[IW%N+KG^8O\`%[I_KSMOY:?%;;^>P^[.E][;0VWG\1\P M?B]EY(G/B#V/U_WKTCV4)(IJ#<[;B^,NT=Q; M#S^6P.>Q@FI8,K45T3&"024T+.X]^Z]T<3^3S_PHXVAN[=N#^"_\PK=F7VWV M=2YNJV5\;OF/V'L?<'46SOEGLK'U,.,V!N#L+![P;[GK7M/?&'^WK!/4S?PO M*3520M+!7O''6>Z]UMN[YV'LCL[:F9V)V/M#;._=D[B@AIL]M'>.#QNY-MYF M"GJZ>OIHLGA.K4IJZDBGC\D;>.:)'6S*I'NO=$`[0^+/=&W?E+\DOG# MUIO;:&\=YYWX-R]'="[`W;U=_>O=W479NTLWN;>U--UWN&7LC9&"JMA=O9G( MT,FY\!5+CJG+93"8EGS5-24HB3W7NJO/Y)>R^S:_Y"=H=HCYD_,_N#:_^B:H MQ?>_5WR]^&/??QOSF3[VWEV/6;NQNYJG<'9W9&YNI*KL+K.*+/83(X[KW#XS M&4^)R&-AGDK/!!./=>Z.9/\`SEMI4W?&W]N2?&?N&7X?[M^5C_!':_SFHLUL M>LV!EOES'NBHV-)LO_17%EAVC2]5_P"D#&UNVX]\R4PQ4^?I3#%%)321UC>Z M]TDOBI_-=WU\[/GIV%TK\7MO]22?&?X\[DW#L3Y#0=PX'Y#=7_+''9/#;/\` M(N_]G;0W/USB.N8-I)W!7IL^?!92LBW-#)B*[(2PPTT](/?NO=!;W/\`SVNS MNF*#YBYW,?RQN^J[;'P:["VYUSW[G5^0/Q=I7VID-_4>U,MUIN.IVZG85=NN M38V]=O;\P^27+TM#5T=#0U4SU+(:*M6#W7NC\2_.SL^M^2'=GQ]VS\9<;FJ' MH_X?[4^36Z>W*CY%]:8S85!O+L7%;NJ>M^E=PF2@GR&V)]U9#K_-D[BJ%;&T MF)H5R4D?V]13A_=>ZQ;\_F=]+]&=)_%GL/NFAS6YM^?);9=-N>BV#\0Y::D1*A:VFDBISY65/=>Z1 M?;WS>[JQOS+W_P!,]:UOQ5Z[Z"^(_7?2'=/S4W]\IMQ=E;&W>W4? MZ.B:O#8W^X_\/Z_V]UI4?>Y'.RMCYLO4FAD>B-,\LONO=5$[3^,/>6W?G;U; ME9OC7W?4?/G&_P`Q7>_=6X?YA.,K-WY;XV=T?RS=^;KW=F-P[+W1O^JSM9LG M`3[6Z2W5B]AXGK:?&)DL9G<105N*O1R3Y#W[KW5X'QQ_EB_'7X[;QR.[8HLI MVM'MKN3M3M[XR;:[7Q6R]RX#X4_Z:*V;,=C['^*PCVM1Y;K/:&Y,U6SRR015 M4IBIO#30F**)A+[KW11_YO?\\7H+^6CM^#J?:-1A>[OG%V0U#MKJ3X[X+.8\ MU>W\]N^EJJ39^]^XJD5"KM#8R9IZ7332O%D\N)E6E18#/64WNO=46UGP;W#_ M`"S/YR'\KSYW?/3Y[U^^NR^_MA?,'=7RW[H[4K]K;4ZUVUOGJSXS^.#K/KNK M9<4:'K?^&[TDQN(I)*:`R+B8$HX(9*N.AC]U[HV7\MS^6K0?/;^83\COYUWR M%VAG]I=!]J=X8;?_`,*?CAGJ;.[RK#]J:GW7NMO#W[KW7O?NO=>]^Z]U_]+?X]^Z]U[W[KW7 MO?NO=:_/S6^#GS)^+7>>]_YAW\G*+9E7VWVE405GS(^$W8=7%C.D_E5!AZ.` MXSL;9L$59M^CV)\A<>*:>*?(QUM&,Y]\\LTOF^ZARONO=5'8;^<9\L_YN.QN M]OC5N+_A.WM_Y02=.2XK:G>75W8WRAV9L3,=<;WW##DH:"9ML]K]7;2[`V3E MM6"K6IZW%3KDL;+"@%5'*4<^Z]UG^#WR,_X4,_RO::';GR]_EX]R_)3X(4%9 M55NVL!UKV#L+Y*?*'X[=?Y&KR*[9V3M?-[1WYF=Y=L8G9%,U/3RTN?HY*B.B MA'CKZ.(+$/=>ZV??@_\`S+_AE_,-V@^Y/C+W'A-Q[@QJSQ[RZCW&R;1[LZZK MZ*2.GR..WSU=F)HMS8@T%9)X&K(XJC&32JP@JI0I/OW7NCY^_=>ZIMKOY1V( MQW:^.[$Q?>W8>_.H>G>U^R/E/\7?@MONEZ^VU\8.O_EIOW,[[WW_`*0-X;AV M5UN_:N\MM8?M#?M=F\)1U]37OMBMJ7GI/.$A@3W7NAZ_E;?&_OOXL_%F?K?Y M/5O7N;[TSW>GR)[@[!W7U?O#>>]-G[MR_=W<>[^U1E\?D.P=O;>W;0FBIMV) MC?M:Q:N8)CUE:ID:4A/=>Z(I\\/Y2M=\O?YA_7&\\A!NB3X7=^=";SVO_,)V M'CMYXW`;.[5WWT7A\UC_`(65F=P5%D<;O?*;AVGN#N3-Y:&HHVEQ\*I M!I43>Z]T-O\`)D^"W='Q1^(^Y:7YJ55#V-\MN^-QSU'R!SV6K]M;MCSFR.M- MKXWH3H38=7D,-1QX#)X'`]!;"PXDIR*@??9*N:>6:::9V]U[JOS;/\I?Y:=K M?RQ.COA_V+T=\)>N^Q/CKVWWEC.MJ[N"K[#[+RNU^G=]Y/<.Z-@=D]2]H?'G M='5V[NDNW]J9OZ]U:?OG^3W\)._\`:7Q< M@^8?6-%\LNV_C!UEUKUQ1=[]EU^XL?O_`+3@Z[H\;*9^WWVUG\=3=F8#<6ZZ M&7-U6!W"ZL+[)[/ZRZ2V-F^Q>V=^;,ZMZZVG025V>W MCOG<.(VEM7!8^EA:1I*[,9FJHL=21K%$="EP6M9038>_=>ZU5?Y@_P#/1^47 M=WQI^5^_/Y.74\.:Z`^-VU=Y1=T?S(NUJW"[2ZVQ&:VVF+DR>UOBUL_=4B5O M;6^WH,H@ILC4TC444\T/CI)ON**>7W7NB(?.CXK?%#^7A_*F^`WZ]U:_2_!C?W\[3YC=+?._YV=%9[I3X+_&K`5R?#SX:] MSXJDINX^Y,_NJLQ^9W#W7\E-J45750=>[LIL5"*Z.""6 MI3(>Z]UL[HBQJJ(JHB*$1$`5450`JJH`"JH%@!P![]U[KE[]U[KWOW7NO>_= M>Z__T]_CW[KW7O?NO=>]^Z]U[W[KW55'SZ_E+])?-?,P]T[,WQV+\0?FMMS# M1878/S1^-^>RFQ^WL7BZ?3X=K;Z&!RV!I^TMARI&LZU,>TL3_-Q^`?<>Z-@_P`W3^9C_,=V/\'LA'7'K3YO?"[#XSL7:D^=R4M' MCH8>W\Y!B\CVUT]3RXV18X,>]#62C+ZOX?YXBU>?=>Z+5M[IO_A-SMS?,>1Z M)^=G\WGY2?,C-YS+;^P?9OQ/VOO>?O$;TS4]/F,IG=MQU/1NS/NMPY"IK)6K M9WJZJJ>4S>:=&,9/NO=65_!7YO\`_"G3JH9O[SX"]V?.OXMT^;S<'5&:^6]/ MUS\6?EA6=?PY>JJ=J9;==97;I.7EW'E-N2Q/61Y/$;@9:@^."NE1`7]U[H]. M+_X5D?#7K;L#<72/SG^-'RV^$G?&QZK'X_?6PMZ;'P^_L=MVMR.*IZ__`.%)7\E'L5*;^%_. MC9.WJBJ2LD%+V!L+N#KUX4HG=7^YJ]X=>8C&0/,%U0HU1KF!&@$\>_=>Z,=0 M_P`Z?^4GD:.GKH/YC7P]ABJHEFCBR/>NQ,17QJW]BKQF5R]%DJ&=?[4<\49S>_3*9FA1#C5V-@MQ-F ME!G74:,3A`&+$!'*^Z]T2/M7_A6+_*&Z^BS%1LS>'???M#@F$63S'3W0VZUV M_1SR"I6G6ISG:4O65!'%4SPQQI(&9':HCTZ@)"GNO=$[[?\`Y\W\R[Y&_$[N M_P"7?P?^&77_`,/?B#U1L&?=4WR^_F`[CR=/6[W^XF2DQ=#T=U;M'&U./W5N M;,9"JIJ'%S>7<6#JLG41TTDHE=8F]U[JL3Y-_%KN<_RE^V_YI'\]#OCMCO;Y M.=Q;3I<1\(?B3NCL++;"ZOZEWGVMM\8#J_?YZDZ]GV7@,?W%MS`YK);F;%4= M-!1XK'43-E8:JM>JBIO=>Z&7MSMK+97^7S\-OY"7\H[8N-^:O=6!H^H-P_-O ML'K2IER_QHV5E<%O7%=S]D;,WUW3A*[%[.J\5O\`[<69,M50YI*>#`P''K/) M6524\/NO=;._QL_EI[DSO;>VOFK_`#+=\[1^6GS4P..JJ3K+%8O;"XKXQ?$# M#96ICR-=M3XT];Y<54]1N-ZJ.)*_?6?-7NC)+2P*CT<<9C?W7NK?/?NO=>]^ MZ]U[W[KW7O?NO=>]^Z]U_]3?X]^Z]U[W[KW7O?NO=>]^Z]U[W[KW3?E<3BL] MC*_"YS&8_,X?*TD]!D\3E:.FR.,R-#4QM%4T=?05D_=>ZU^_DY_PG0^)F^.R_P#9E?@QOGL7^6-\MZ&:JK,;VS\4JZ?;NR,G/5Q* ME7C]U=-4N2P^UWP.4:-?OJ3"38*'(78UJU09E;W7NJE?EG\=/^%8?6-%CMNU M?RWSORC^-FT=Q8.?>F[OA7#TIU%\NMV=6IE89=V28'%;CZ]VSN/_`$DPX.66 M/'TV+R66O4Q1$_=@O?W7NBB;#_FQ?R=?Y8^*W#G8_P"4[\]MY?,O+5`S.<[7 M_F-[*V/5]];WWE)3R24V:W5W%V/GMW9S:"UIAD25]N[;I5E\`=J1VNX]U[H6 MFR7\H;YH9#;'S8_G,_/?X,[C7;M-G]P=7_`;X8U1PFP^KJ#=^1Q^6DI^S,SU MQA:7Y+=_=GY&GVU3IEUJ(Z'&TU7KCAB>FG37[KW7&C^&?\MK^;[C]C;YZWZ$ M^&W\L'^5=U;V!FLM'\A9\UTUU[\UOECEMH2YS%9':<,;Y;3T7TW+Y=JQCJ.JIJ6*#_`(#^Z]THI^K?Y0WSLWGO3X#_``$V/\&OBS\#^C\K@8_F MA\[][CK`=^]ORX3<\NXL7T[\3^P>ULW6]CU6(S$NWZS^-=BUE544$6-?QXXM M`(4R/NO=(?Y2_P`P+^1TV^.O/Y4_4786WNAOY7'3>>V_VQ\D,E\=.N>P>QJW MYU=N[)W'BI]J?&.DW'LS![@SVY-C5%?2TF5W/OC+55<^XIJ&FH,961?;"N]^ MZ]T.GS([C_F*?SKMY_&CIC^79_+OR_7?\OOX\;]Z^[XH][?.+9F5Z0Z1^0&< MZHJ32=>[6RFTJ5J/*Y3HG"I%/3)MW`O75F4,L-15)0P4L:>_=>ZL7R?\AKN? MY_[UV/W#_.X^7E=\C1+XG)M3I'`:J2&*-5]U[J^_XV?%GX[_#WJ_&=,?&/J#972W6>*J:F MO@VOLK%BAAK,I6:/O,SG,C/)4YGZ'WW[K MW7O?NO=>]^Z]U[W[KW7O?NO=>]^Z]U__U=_CW[KW7O?NO=>]^Z]U[W[KW7O? MNO=>]^Z]U[W[KW7O?NO=`7\B_P#F5F;_`.9%_JB_[*+_`.96?IE_XO?^U?ZC M_#5[]U[K18^7/]PO])^9_O;_`-`8WE_B<_@_B7^S*?W]U?P[%:_[Z?Z$O\C^ M]\>C1]SZ;?H]?E]^Z]U3]NO_`&2[^]6YOXC_`-`T?\0U87^(?W4_X?Y_NKY/ M[R"W]V?[K?[]G3]S;[W^%_M_PWZ_L7]^Z]TN]F?[*!_&Z3^#?]`M'W_\??P? MWS_X?-_@GWWW(M]W_?S_`'[7\`UVM]S_`+CO']?3?W[KW6Y7_)U_AG]WMF_P M7_AA#^%?;4?V'_#:G][O[V_;__=>Z][]U[KWOW7NO>_=>Z][]U[KWOW7NO>_=>Z][]U[K__9 ` end GRAPHIC 16 g279855g96p75.jpg GRAPHIC begin 644 g279855g96p75.jpg M_]C_X1*Q17AI9@``34T`*@````@`!P$2``,````!``$```$:``4````!```` M8@$;``4````!````:@$H``,````!``(```$Q``(````<````<@$R``(````4 M````CH=I``0````!````I````-``+<;````G$``MQL```"<0061O8F4@4&AO M=&]S:&]P($-3-2!7:6YD;W=S`#(P,3(Z,#,Z,C(@,#4Z,3,Z,C$``````Z`! M``,````!``$``*`"``0````!````X*`#``0````!````90`````````&`0,` M`P````$`!@```1H`!0````$```$>`1L`!0````$```$F`2@``P````$``@`` M`@$`!`````$```$N`@(`!`````$``!%[`````````$@````!````2`````'_ MV/_M``Q!9&]B95]#30`!_^X`#D%D;V)E`&2``````?_;`(0`#`@("`D(#`D) M#!$+"@L1%0\,#`\5&!,3%1,3&!$,#`P,#`P1#`P,#`P,#`P,#`P,#`P,#`P, M#`P,#`P,#`P,#`$-"PL-#@T0#@X0%`X.#A04#@X.#A01#`P,#`P1$0P,#`P, M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,_\``$0@`2`"@`P$B``(1 M`0,1`?_=``0`"O_$`3\```$%`0$!`0$!``````````,``0($!08'"`D*"P$` M`04!`0$!`0$``````````0`"`P0%!@<("0H+$``!!`$#`@0"!0<&"`4###,! M``(1`P0A$C$%05%A$R)Q@3(&%)&AL4(C)!52P6(S-'*"T4,')9)3\.'Q8W,U M%J*R@R9$DU1D1<*C=#87TE7B9?*SA,/3=>/S1B>4I(6TE<34Y/2EM<75Y?56 M9G:&EJ:VQM;F]C='5V=WAY>GM\?7Y_<1``("`0($!`,$!08'!P8%-0$``A$# M(3$2!$%187$B$P4R@9$4H;%"(\%2T?`S)&+A7U5F9VAI:F MML;6YO8G-T=79W>'EZ>WQ__:``P#`0`"$0,1`#\`]522224I))))2DDEG=:Z M]T[HF.V[->2^T[,;&J&^^^PZ,HQ:&^ZVU[G-9_Y\24Z*P^I_7+HG3\IV"QUO M4.HM!)P,"MV1<-OTM[*O94YO_#65K.=TKZU_603UG(_8?2WZCIV$^7;1[G']^VQTV6O\`Y5CD ME.*;?KUU@30RCZN8CI+;+@,O,C_!.^S>S#IWM_G*[+;;*D>KZH%[G6]2ZQU+ M.M>!O`R78U4CO5C8'V9E:Z`D-!(7.9/7\WK-C\'ZIEE@:0S)ZT\!^ M-1N^DW$'_>CFUL_2>G7^J5_H?M-WYB2G/HQOV9]=L'IW1[19O0N@X'0\4T8H<^RUQLR'CZO=Z=?[_`.DLL57$S>@_5ZO] MC],;=U+.#]^33C#[1DONLJ=)K;C,ZC]>3ZF[T_M+_YNS]+4RGU$NK7?6G#P*\S&NIZ2?6Q\7H_0F,J>UY> M^NIM.==_*I]??C].=57AX]?J?:+_`$EL=.Z0:+G]?Z]8Q_4A6XEY=%&)3&Y] M&-OAK&M8/UC+?^DN_P"*_1H71VOZYU%OUDNW#!J:ZOHE+V;"6/AM_5'BP>MZ MF9M]/$_F]F!^9^MO24]"DF][O:UK6I*9IB0T%SC`&I)X` M6%B_65_4,IUN!0W]A8V\Y76,A_I5.%8/J?86%N[(JK?_`#F99Z.)^BO].RQ5 M659/UP/K9'J8OU9,?9\?6N[/'_R_Z1D>G5Z5*2EK^N M]7Z_:[#^J>VK$8\LOZ]#LVM_:'I[=FS^@U_\)Z2V^G=.P^F8-.!@U"G& MQVAE=;>P[N=^\][O?99_A+/>DILI)))*?__1]520,S-Q,#&LR\VYF/C5";+; M'!K1)VMESOWG.V-7*=6ZUUSJUU73>E"WIGVTV-H-Z^S^C49%U3/YNR[]'Z5>1'I/U1R68?V7,R'XN&\FR[#Q;'&V^Q_P#/ MY'5>L13EY=][O?9]E;@U?X#]/0MKHG1^G]'P1BX(W#<77WN.^VZTG]-D95WT MKB8#K!6YQJSH.;_3,O\` MHW2*/?==7D^GZ24V`<:ZFW!Z2ZOI'U>P2[[9G4Q0UY:3Z^/A6MV,J96YKOMW M4=WZ.S]#C_K'K7XP,#IU?UCHJK^S_8OJCC[?L.!M-;LS:=[,O)K]KZ>G;_TF M)C?SV9_2\K]%Z5*#@C`LKLS?K!;CXN#T)C&MZ/42_$Q'Q[?M>1M%/4>I5-V5 M5TU_H\1_\U3]HOJO73=1ZSTSIE%U^;DUTMQZO7L8YP#_`$YV-<*OYS]);^AK M_P!)=^B_G$E,.L]8P^B=/.5>"=15C8U8FRZUWMHQ,6IONLNM=]%C/Z_\VL+I M-=&)EYGUA^M&337UBNICK*7.'I8&-:7#'Q:GGVV6W/:]M^0S^>O_`$%/_#UJ M@5$$XE#]K-UT_HL2[(EOV[J.4ZO_N+1_->@I=>Z M9CT5CZP_6CJ=.)U'&>'=->RMME.-`D8].//6MML:R_\`PN%^S_22 M4Z/V7+^LV1ZG4:78WU?IWW-R.H5'^:P*W?T?I]GZ7(L_39OZ/ M]51\KZTU.RG=/Z)0[K&?6X-N;2X-QZ-=KOMN>0^JE[6BS]!6W(R?T?\`,+D\ M_K'UJZI@NR^K].OQNATLB^BBP85F2XO;4YF0,IWVUE615_1L##_I-F3]G^W6 MO72X+?K-5BU8?3NDX'1<6H@,%MSKBUA)<_;AX55-;K=WN?\`K_T_\(DI+5]7 M+L\-N^LUXZC9[7?8:P68-;@&R&XI+G9OO_PO4'W_`/!4XREE=?K?:[I/U>%> M;U"L!KRP@XV()-;7YMM?M;LV/]/!K_6;O3_P5?Z91=]5OMQ+NO9U_4P[G%!. M-B#W>H/U/%G?5CI^-TX&W,R["YS*:P;3;E93V[O;ZESW6 M79%]E6+1O_GJ_P!&@CH^5U5HS/K26#':`]O1V.G&KVGU/4SKCL_:-S-O^$_4 M*_\`N/9_2%C8WU1Z>[K0Q;;'=5Z@QU65USJ>0X.?#2+L'I]-!]1F.S)OH;A99LRL5;77\K'RROT<])2/[([ZU6TY.3I]6F!EV+B$%IS7_SE63FL=[OV?5^C?BX3 M_P"D6_ILMGI>A4C9?4,SJV6_I71GFJBHEG4>JM$BLC1V'T_=[+NH?Z6WWT=/ M_P`+ZF5^K*MU7)S\L.&=7?B]+O>RC$PL8QGYEAW/>VVS>UF!ANJ8]_I^M1D^ MC79?F9>#5ZN,LQG6LH/P7_;:-7CX'V;^B8WK?S24]GA86+@8M>'AUBG'I$,8)/)W.]'7+U_7++R1DOP>DOLIHU^T77,II8UO](?G93@_'Q_1_T.+9U#(KV?KE M.%;^B4*O\8_U>JP&Y'5LBG#R'%T8U5GVDN9/Z&YGH5BUM>37LMJ^TT8]FQ)3 MU:2XJ_\`QEU6].9E]+Z7DY#[R1C5Y&VCUHLJZCFNKLM&+6*Z&[/^T?J5FKJ-V$RO?52W[9C?SEN5Z?KWW+: MZ1T-^)G9?5<^T9?4\P[/6VPVK':9HP<5KB[TJ6_SEO\`W(O_`$MJUTE/FV%B M?6K&R\7IO3^GT8'4GUV&_(<]U]&#CV.V>IA8U;*.FXCLJZE]F/C_`*]FY/I[ M^IW?SER5'U6^N=#\B[$J;5;F7NQWY5F2UN:W#DV.=5=73?B8'VG(];+R'8E. M1DV9>;ZOIU_9_P!)Z2DDI\YS.C_67IEM+1@5Y.'AV5,Z:_':ZRG%+@/5ZB.B M[[,CJ&=5;9?MS,S,_G/UO_3*?1^@9'UAR6]7Q7V8?338VZK,R]N1G9-]?Z+] MH;#OPL?T:_6QNE[FW8^&SULK$P:[,BFZCH/K!<_JV?7]5<9VUE[/7ZQ:-TLQ M)V_96.86;;^I/_0?3_1XOVBWTOYM;C\.@X1P:@<>@U>BP4'TC6S;Z;?L[JMO MH^FW^:]/^;24\]9U#I?07NZ)]7<;]H=I330K&#T"G#O?]8?K!>S+ZHRLOLR'^W'Q6`%SZ^GU6?T:FNOZ=[_`-/= M^DML_G;*UH=%Z!TGH6+]EZ90*6.,V/U<][OW[K7S98[W?G?V%=NIIR*GT7UM MMIM:665O`US7)*>9Z,W(^LV>WZP9S'5]*Q7D]#PWC:'Z%O[9OK M/N=9:U^S!]7^CU?I:V?I/M"ZE,`&@-:(`T`'`"=)3RC\GZP?6FU^/A-R.A=% M8XMMSK&FK,R1^[@4VMW8='Y_VNUGJ_S?I_X>M=!TOI/3ND8;,'IM#<;&KX8W MN>[WN=+[+'?Z1ZMI)*>:P>G_`%IQ7YE%/V.D965?DOZC8^W(>X6$_9VMZ?&, MVO[/C,Q\7^G^G7Z/^%0&?5?K>)UC]HXV1B9N1?M==U'J%3GY%+A7]G>W!Q<1 MV)B,JNK96WV/QKO^Y%V9^C76))*>\X^.TP]F^G"P MG5,:]U5KZM]S[[-GYZKYOU#K.39?T?-=TXY.,<+*WL^U/=4[?_,Y639]KQ[= MMFSVW^E^BQ_T/Z%=6DDIYW$^HW1ZZZV=0??U=M.WT:LVS?17M;Z;11@5BK!K M;L_[KJ?2_J/]7>FW.R1C#+RWN+OM.4&V/:/S64MV,IH96S]'7Z%5?Z-;Z22G MG,SZM]49U_(Z_P!)Z@RO(R*6TOQ\RCUZPVN-E>/G_`#>]=(DDI__3]527 MRJDDI^JDE\JI)*?HKZGXMIQ,GK692^CJ'6KWY%U=S=ME=3"ZC`Q7>RMVW'Q& M5_3_`#[+5T"^54DE/U4DOE5))3]5)+Y5224_522^54DE/U4DOE5))3]5)+Y5 M224_522^54DE/U4DOE5))3__V?_M&?10:&]T;W-H;W`@,RXP`#A"24T$!``` M````#QP!6@`#&R5''`(```(````X0DE-!"4``````!#-S_I]J,>^"05P=JZO M!<-..$))300Z``````#9````$`````$```````MP'1E96Y" M:71B;V]L``````MP M.$))30/S```````)```````````!`#A"24TG$```````"@`!``````````(X M0DE-`_4``````$@`+V9F``$`;&9F``8```````$`+V9F``$`H9F:``8````` M``$`,@````$`6@````8```````$`-0````$`+0````8```````$X0DE-`_@` M`````'```/____________________________\#Z`````#_____________ M________________`^@`````_____________________________P/H```` M`/____________________________\#Z```.$))300(```````0`````0`` M`D````)``````#A"24T$'@``````!``````X0DE-!!H``````SL````&```` M``````````!E````X`````,`,``P`#(````!```````````````````````` M``$``````````````.````!E``````````````````````$````````````` M````````````$`````$```````!N=6QL`````@````9B;W5N9'-/8FIC```` M`0```````%)C=#$````$`````%1O<"!L;VYG``````````!,969T;&]N9P`` M````````0G1O;6QO;F<```!E`````%)G:'1L;VYG````X`````9S;&EC97-6 M;$QS`````4]B:F,````!```````%7!E96YU;0````I%4VQI M8V54>7!E`````$EM9R`````&8F]U;F1S3V)J8P````$```````!28W0Q```` M!`````!4;W`@;&]N9P``````````3&5F=&QO;F<``````````$)T;VUL;VYG M````90````!29VAT;&]N9P```.`````#=7)L5$585`````$```````!N=6QL M5$585`````$```````!-'1415A4```` M`0``````"6AOD%L:6=N````!V1E M9F%U;'0````)=F5R=$%L:6=N96YU;0````]%4VQI8V5697)T06QI9VX````' M9&5F875L=`````MB9T-O;&]R5'EP965N=6T````115-L:6-E0D=#;VQO)E\K.$P]-UX_-&)Y2DA;25Q-3D]*6UQ=7E M]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G]Q$``@(!`@0$`P0%!@<'!@4U`0`" M$0,A,1($05%A<2(3!3*!D12AL4(CP5+1\#,D8N%R@I)#4Q5C+RLX3#TW7C\T:4I(6TE<34Y/2EM<75Y?569G:& MEJ:VQM;F]B7I[?'_]H`#`,!``(1`Q$`/P#U5))))2DDDDE*226= MUKKW3NB8[;LUY+[3LQL:H;[[[#HRC%H;[K;7N,S&IY=M'NW^LV/P?JF66!I#,GK3 MP'XU&[Z3<0?]Z.;6S])Z=?ZI7^A^TW?F)*<^C&_9GUVP>G=%S8X;J<&IWT;;Q]&[-N_[18/Y_ M](R/U:O](E,^K_6#(9F'H_0Z&Y_6-H=8'NVT8K7?S=W4+6^YN[^/J]WIU_O\`Z2RQ5<3-Z#]7 MJ_V/TQMW4LX/WY-.,/M&2^ZQS1;E]3R"64TW6N=OLNSK\9FS^;_1U^FLM_5_ MK3UO.LQJ+Z.C=,PP7=5S*XN=3#0]^$S/OVX=F[78V-3^[NG]$S_#?X+^;>LG_GAU'JI- M?U7Z3?E-=]'J.:#BX>TCVWUNL_6FXK MG/Q,C(_2Y6=D.]MO5LF^XO>W'W;GX57^&N?]O_1?JRZ?K77,;I%56]KLC+RG M^EA8=6MMUG.UD^UE;/I77V?HJ6)*>=ZITFMN,SJ/UYSG=1=O;]FZ/B-C]"8RI[ M7E[ZZFTYUW\JGU]^/TYU5>'CU^I]HO\`26QT[I!HN?U_KUC']2%;B7ET48E, M;GT8V^&L:U@_6,M_Z2[_`(K]&A=':_KG46_62[<,&IKJ^B4O9L)8^&W]4>+! MZWJ9FWT\3^;V8'YGZV])3T*29SFM:7.(#0)).@`"P;_KITK<6=,JR>M/88L_ M9M7KL;IO]V5NKP_[#IB_5DQ]GQ]:[L\?]RFL;_`**O]8L_PE=2UL_)R,^P M_5SZND8M..!3GY](#68M8;M^QX.S:W]H>GMV;/Z#7_PGI+;Z=T[#Z9@TX M*<;':&5UM[#NYW[SWN]]EG^$L]Z2FRDDDDI__]'U5)`S,W$P,:S+S;F8^-4) MLML<&M$G:V7._><[8UF?;38VASF1E.I8/3LZG:RUO\` MDKIU3W?HO69^T.H6^CCT?L_U/M*2FU]:/K/F4W_L'ZNU.S.N6@&WTFM>,2IW M_:F_U75XWK[/Z-1D75,_F[+OT?I5Y$>D_5')9A_9X[[;K2?TV1E M7?2MR'V?3_[;_F_8L'ZR?647Y1Z)@.L%;G&K-R:!NN>Z/?TKI#=/5Z@YO],R M_P"C=(H]]UU>3Z?I)38!QKJ;<'I+J^D?5[!+OMF=3%#7EI/KX^%:W8RIE;FN M^W=1W?H[/T./^L>M?C`P.G5_6.BJO[/]B^J./M^PX&TUNS-IWLR\FOVOIZ=O M_28F-_/9G]+ROT7I4H.","RNS-^L%N/BX/0F,:WH]1+\3$?'M^UY&T4]1ZE4 MW95737^CQ'_S5/VB^J]=-U'K/3.F477YN372W'J]>QCG`/\`3G8UPJ_G/TEO MZ&O_`$EWZ+^<24PZSUC#Z)T\Y5X)U%6-C5B;+K7>VC$Q:F^ZRZUWT6,_K_S: MPNDUT8F7F?6'ZT9--?6*ZF.LIE@8UI<,?%J>?;9;<]KVWY#/YZ_\`04_\ M/6IRW#J3>K]4ILS?K';6\])Z!403B4/VLW73^BQ+LB6_;NHY3J_^XM'\UZ"E MU[IF/16/K#]:.ITXG4<9X=TU[*VV4XT"1CTX]S?6ZI:]X]:VVQK+_P#"X7[/ M]))3H_9Y_P"O_3_PB2DM M7UOS$"[JP-KOJ[]4*:/M&.2S)O:T#$P1+M_J-JVMNS M=^YE6#5_A??D^E74])3:JMZ=]6.GXW3@;K_`$:".CY756C,^M)8,=H#V]'8Z<:O:?4]3.N.S]HW,V_X M3]0K_P"X]G](6-C?5'I[NM#%ML=U7J#'5977.IY#@Y\-(NP>GTT'U&8[,F^A MMSJF?S6!1Z%EFS*Q5M=?RL?)RF=/R+Q5TW':;^J:2;8;ZN-TMK?I6_:65WY> M510RV[[+C?9[*_1STE(_LCOK5;3DY.GU:8&78N(06G-?_.59.:QWN_9]7Z-^ M+A/_`*1;^FRV>EZ%2-E]0S.K9;^E=&>:J*B6=1ZJT2*R-'8?3]WLNZA_I;?? M1T__``OJ97ZLJW5G M5=EXU>/@?9OZ)C>M_-)3V>%A8N!BUX>'6*<>D0Q@D\GA6+6UY->RVK[31CV; M$E/5I+BK_P#&75;TYF7TOI>3D/O)&-7D;:/6ASJMN$QOVC(S[=VSU&8>/;73 M_P!J;Z%T_1;^K9'3JKNKXS,+-?/J8];_`%`T2=GO'MW;/W7/24__TMO*ZJX= M6=9U#I^1G=8=E64=#P'U%F-4VLN]++9;;^BNLL97]KR^H4?:OL=+ZJ?U?_#6 M3]3/K!DT95^7UZRKJ.:ZNRT8M8KH;L_[1^I6:NHW83*]]5+?MF-_.6Y7I^O? MF]/Z?1@=2?78;\ASW7T8./8[9ZF%C5LHZ;B.RKJ7V8^/\`KV;D M^GOZG=_.7)4?5;ZYT/R+L2IM5N9>['?E69+6YK<.38YU5U=-^)@?:F6TM&!7DX>'94SIK\=KK*<4N`]7J M(Z+OLR.H9U5ME^W,S,S^<_6_],I]'Z!D?6');U?%?9A]--C;JLS+VY&=DWU_ MHOVAL._"Q_1K];&Z7N;=CX;/6RL3!KLR*;J.@^L%S^K9]?U5QG;67L]?K%HW M2S$G;]E8YA9MOZD_]!]/]'B_:+?2_FUN/PZ#A'!J!QZ#5Z+!0?2-;-OIM^SN MJV^CZ;?YKT_YM)3SUG4.E]!>[HGU=QOVAUR\FRR@/+WASO>_.ZQG6N?8QGZ3 M_#V>O9ZE--"L8/0*<.]_UA^L%[,OJC*R^S(?[A8OV7IE`I8XS8_5SWN_?NM?-ECO=^=_85VZFG(J?1 M?6VVFUI996\!S7-(AS'L=[7-3T/#>-H?H6_M MF^L^YUEK7[,'U?Z/5^EK9^D^T+J4P`:`UH@#0`<`)TE/*/R?K!]:;7X^$W(Z M%T5CBVW.L::LS)'[N!3:W=AT?G_:[6>K_-^G_AZUT'2^D].Z1ALP>FT-QL:O MAC>Y[O>YTOLL=_I'JVDDIYK!Z?\`6G%?F44_8Z1E95^2_J-C[H5.?D4N%?V=[<' M%Q'8F(RJZME;?8_&N_[D79GZ-=8DDIYP_4RC.&[ZQ9N1UFR/YM[SCX[3#V;Z M<+"=4QKW56OJWW/OLV?GJOF_4.LY-E_1\UW3CDXQPLK>S[4]U3M_\SE9-GVO M'MVV;/;?Z7Z+'_0_H5U:22GG<3ZC='KKK9U!]_5VT[?1JS;-]%>UOIM%&!6* ML&MNS_NNI]+^H_U=Z;<[)&,,O+>XN^TY0;8]H_-92W8RFAE;/T=?H55_HUOI M)*>QJ/\`QQ1?5]H_8SL?>WUC7]J:\,G]+Z6[U&>IZ?\`-[UTB22G_]/U M5)?*J22GZJ27RJDDI^BOJ?BVG$R>M9E+Z.H=:O?D75W-VV5U,+J,#%=[*W;< M?$97]/\`/LM70+Y5224_522^54DE/U4DOE5))3]5)+Y5224_522^54DE/U4D MOE5))3]5)+Y5224_522^54DE/__9`#A"24T$(0``````50````$!````#P!! M`&0`;P!B`&4`(`!0`&@`;P!T`&\`G)E4WI.5&-Z:V,Y9"(_ M/B`\>#IX;7!M971A('AM;&YS.G@](F%D;V)E.FYS.FUE=&$O(B!X.GAM<'1K M/2)!9&]B92!835`@0V]R92`U+C`M8S`V,"`V,2XQ,S0W-S&UL;G,Z>&UP34T](FAT='`Z+R]N M&%P+S$N,"]M;2\B('AM;&YS.G-T179T/2)H='1P.B\O M;G,N861O8F4N8V]M+WAA<"\Q+C`O&UP.D-R96%T941A=&4](C(P,3(M,#(M M,3-4,30Z,S$Z-#@M,#4Z,#`B('AM<#I-;V1I9GE$871E/2(R,#$R+3`S+3(R M5#`U.C$S.C(Q*S`U.C,P(B!X;7`Z365T861A=&%$871E/2(R,#$R+3`S+3(R M5#`U.C$S.C(Q*S`U.C,P(B!X;7`Z0W)E871O&UP34TZ1&]C=6UE;G1)1#TB=75I9#ID8C@X M,39E9"TU,#`&,`:`!M`'(` M=P!\`($`A@"+`)``E0":`)\`I`"I`*X`L@"W`+P`P0#&`,L`T`#5`-L`X`#E M`.L`\`#V`/L!`0$'`0T!$P$9`1\!)0$K`3(!.`$^`44!3`%2`5D!8`%G`6X! M=0%\`8,!BP&2`9H!H0&I`;$!N0'!`$!Z0'R`?H"`P(,`A0"'0(F M`B\".`)!`DL"5`)=`F<"<0)Z`H0"C@*8`J("K`*V`L$"RP+5`N`"ZP+U`P`# M"P,6`R$#+0,X`T,#3P-:`V8#<@-^`XH#E@.B`ZX#N@/'`],#X`/L`_D$!@03 M!"`$+00[!$@$501C!'$$?@2,!)H$J`2V!,0$TP3A!/`$_@4-!1P%*P4Z!4D% M6`5G!7<%A@66!:8%M07%!=4%Y07V!@8&%@8G!C<&2`99!FH&>P:,!IT&KP;` M!M$&XP;U!P<'&09!ZP'OP?2!^4'^`@+"!$,@A&"%H( M;@B"")8(J@B^"-((YPC["1`))0DZ"4$9`EY"8\)I`FZ"<\)Y0G["A$*)PH] M"E0*:@J!"I@*K@K%"MP*\PL+"R(+.0M1"VD+@`N8"[`+R`OA"_D,$@PJ#$,, M7`QU#(X,IPS`#-D,\PT-#28-0`U:#70-C@VI#<,-W@WX#A,.+@Y)#F0.?PZ; M#K8.T@[N#PD/)0]!#UX/>@^6#[,/SP_L$`D0)A!#$&$0?A";$+D0UQ#U$1,1 M,1%/$6T1C!&J$)%ZX7TA?W&!L80!AE&(H8KQC5&/H9(!E%&6L9D1FW&=T:!!HJ M&E$:=QJ>&L4:[!L4&SL;8QN*&[(;VAP"'"H<4AQ['*,0!YJ'I0>OA[I'Q,?/A]I'Y0?OQ_J(!4@02!L()@@Q"#P(1PA2"%U M(:$ASB'[(B--@U$S5--8Y",$)R0K5"]T,Z0WU# MP$0#1$=$BD3.11)%546:1=Y&(D9G1JM&\$25^!8+UA]6,M9&EEI6;A:!UI66J9:]5M%6Y5;Y5PU7(9O5\/7V%?LV`%8%=@JF#\84]AHF'U8DEBG&+P8T-CEV/K9$!DE&3I M93UEDF7G9CUFDF;H9SUGDV?I:#]HEFCL:4-IFFGQ:DAJGVKW:T]KIVO_;%=L MKVT(;6!MN6X2;FMNQ&\>;WAOT7`K<(9PX'$Z<95Q\')+%V/G:;=OAW5G>S>!%X;GC,>2IYB7GG>D9ZI7L$>V-[PGPA?(%\ MX7U!?:%^`7YB?L)_(W^$?^6`1X"H@0J!:X'-@C""DH+T@U>#NH0=A("$XX5' MA:N&#H9RAM>'.X>?B`2(:8C.B3.)F8G^BF2*RHLPBY:+_(QCC,J-,8V8C?^. M9H[.CS:/GI`&D&Z0UI$_D:B2$9)ZDN.339.VE""4BI3TE5^5R98TEI^7"I=U ME^"83)BXF229D)G\FFB:U9M"FZ^<')R)G/>=9)W2GD">KI\=GXN?^J!IH-BA M1Z&VHB:BEJ,&HW:CYJ16I,>E.*6IIAJFBZ;]IVZGX*A2J,2I-ZFIJARJCZL" MJW6KZ:QK_U MP'#`[,%GP>/"7\+;PUC#U,11Q,[%2\7(QD;&P\=!Q[_(/%$XIZ#+HO.E&Z=#J6^KEZW#K^^R&[1'MG.XH M[K3O0._,\%CPY?%R\?_RC/,9\Z?T-/3"]5#UWO9M]OOWBO@9^*CY./G'^E?Z MY_MW_`?\F/TI_;K^2_[<_VW____N``Y!9&]B90!D0`````'_VP"$``$!`0$! M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$"`@("`@(" M`@("`@,#`P,#`P,#`P,!`0$!`0$!`0$!`0("`0("`P,#`P,#`P,#`P,#`P,# M`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`__``!$(`&4`X`,! M$0`"$0$#$0'_W0`$`!S_Q`&B````!@(#`0`````````````'"`8%!`D#"@(! M``L!```&`P$!`0````````````8%!`,'`@@!"0`*"Q```@$#!`$#`P(#`P," M!@EU`0(#!!$%$@8A!Q,B``@Q%$$R(Q4)44(6820S%U)Q@1ABD25#H;'P)C1R M"AG!T34GX5,V@O&2HD147J%AH>(B8J4E9:7F)F:I*6FIZBIJK2UMK>X MN;K$Q<;'R,G*U-76U]C9VN3EYN?HZ>KT]?;W^/GZ$0`"`0,"!`0#!00$!`8& M!6T!`@,1!"$2!3$&`"(305$',F$4<0A"@2.1%5*A8A8S";$DP=%#$A:.SP]/C\RD:E*2T MQ-3D])6EM<75Y?4H1U=F.':&EJ:VQM;F]F=WAY>GM\?7Y_=(6&AXB)BHN,C8 MZ/@Y25EI>8F9J;G)V>GY*CI*6FIZBIJJNLK:ZOK_V@`,`P$``A$#$0`_`-_C MW[KW7O?NO=>]^Z]U[W[KW7O?NO=>]^Z]U[W[KW7O?NO=>]^Z]U[W[KW31G=P M8':^,JD@#,;`LXN??NO=46_) MC_A11\".G-[4O37QZC[3_F&=_P"4@F;&]4_!S:*]U"FJ;I'1+GM[8JM3:T%- M5RO9OX7+F:N!%UR4RJR:_=>Z+YM_MS_A3=\RZ*2OV3T'\*OY876^>ERR8W*= MZ9;<_=GR%PN'>>"GH:^';F%.9V:,Y!`99(HZ7:_P`C M[Y@=CXDS?)#^>_\`S*]T;KKIL?ELI+T!N/:GQLV=!G8::KIJS^#;5VW2;C3' MX5H:E5CI(9H(=:&5T9V41>Z]U6E_,=^$?SB_DI?'C)?S`OB3_-Z^7G9^$Z5W MMLG-=D?'GYE=BT?9FS>V*/>&^J?;]?C<(*^;%8)JNMJ=VR2U6+3$M6U41FJZ M6L@JZ:G(]U[KT-Z3[>FJOOI<%-NG;^.SDN M&EKOMJ+[R3%O7&!I?#%Y"FK0M](]U[I>>_=>Z][]U[KWOW7NO>_=>Z][]U[K MWOW7NO>_=>Z][]U[KWOW7NO>_=>Z][]U[KWOW7NO_]#?X]^Z]U[W[KW7O?NO M=>]^Z]U[W[KW7O?NO=>]^Z]U[W[KW2=W;N_:6P-M9K>>^]T;=V5L[;=!-E-Q M;LW;F\;MO;6`QE/8SY'-9W,U-'B\700`C7-/+'&M^2/?NO=:SWR=_P"%#NX> MQM_;C^-W\ESXJ[Y_F-]Y[?K\9C=S=N8;;N?;XK=?OE*=JB"IK]ZXVJPZ;E!, M_\\WYB]@_)_=,DL<4[> MZ]UL$_%OX8_%;X3[%FZW^*?1/7G1VT*RK_B&5H=E89:;([@R`01ID-T;DKI* M[>0W=\1OA=N*+<&`W9\KFI1-CJBLKLI[KW6V4JJJA5`55`554 M`*J@6``'``'OW7NN_?NO=>]^Z]U[W[KW7O?NO=>]^Z]U[W[KW7O?NO=>]^Z] MU[W[KW7O?NO=>]^Z]U[W[KW7_]'?X]^Z]U[W[KW7O?NO=>]^Z]U[W[KW7O?N MO=>]^Z]U7;_,,_F=_&'^6[U[0;A[FSU=NCM/>TD.)Z3^-W7,<&Y.]N\MV9&N MCQ&&P&P=C03?Q*HI*S-U$5--DI46BIY'$>J2H>&GE]U[JF#97\KKYJ_SB-XX M;Y(?SK=U;CZ?^.-+DVW'T=_*NZDW37;?PVU\7,D`Q62^1>_L`<3F]P;OJ,>T MJU=,A7+1/.PCJY=QUE+11+59/(SU61K#&&GFD;GW[KW0V^_=>ZZ M)`!)(``N2>``/J2?P![]U[JD7Y%_SYOAML#>*]"?$]]S_P`P[Y=9_P"[H-D] M`_$6B3L2DJ,O%34\L==O7MNC8]8[0V=CGJ;Y/()D:Z7'I!4>2GU02JONO=!- MTO\`RI^X?FCVSU]\V_YU>4VIVGV=LII\IT3\!]G)35_Q*^,$%;53UE,N[:%Z M[,T7R`[8BCEC7(96ODFQ1DA6)4K:>"C:G]U[K8-IJ:FHJ:GHZ.G@I*2D@BIJ M6EIHHX*:FIH(UB@IZ>")4BA@AB0*B*`JJ``+>_=>ZS^_=>Z][]U[KWOW7NO> M_=>Z][]U[KWOW7NO>_=>Z][]U[KWOW7NBS;2^:7P]W]VE_H/V+\JOCIO3N7[ MK(4(ZIVGW3USN+L0UV(QM9F,M1+L[$;CK-P-68O$XZHJ:B(4_D@@IY9'"K&Y M'NO=&9]^Z]U[W[KW7O?NO=?_TM_CW[KW7O?NO=>]^Z]U[W[KW7O?NO=>]^Z] MU1'\W?YI_;M?\@\- MT4@GI\GO;&,%JJ7:T?[\^CQN)JK1C:CW7NA1^!W\GWK/XQ]CY[Y:?)7L#,?- M_P#F%=A?;5>^_EAW#AZ!JG:\D46B+;'0NQV:MP?3FSL3$YIJ5,<%K/M`(5EA MI-%)'[KW5Q?OW7NBO[E^;?PXV=U_N+M;<_RI^/.%ZVVED\[A-R;WK>XM@)MO M#YW;.5JL%G\!5Y1<^U,N?Q66X.COY5OQ2^1G\R#O6B:OHJ*IV1L[*;$Z5Q;!9J2AW3N/?.=H9LY1[0AR@3 MR5-7C,71SPFZ5J!U<>Z]TQX3^6[_`#AOYEM5293^;=\N\?\`%[XYR5=1D9/@ M_P#!'+2[>S&Z:'(^&H_NSV]W133Y#RXO%O`D#4L%9NA*F$R^.HHY6\Q]U[H> M9.V?@O\`RIMUP_R\/Y47P[V_W#\XNP,3#DI^C^GWC$>T(*/'4$6'['^:OR'W M)69G*[!V/04-8M5'_%ZVMRE2C".DI4>M@>7W7NJ_/G7T-_-%^(.!^*?ROW[_ M`#6^ZNT_GGV[\W>ANDNM_C+UIAL9LKX.Y<=P9V1=Q=0TO2T$%/E-Z8#;.V:/ M+/-N3,5,%75XZEA:6&EK5CJU]U[K<=]^Z]U[W[KW7O?NO=>]^Z]U[W[KW7O? MNO=>]^Z]U[W[KW10?FM\[?C!_+XZ[OE)V5C=A[6\U1B]KX6,#);W['W3' M0U%?2[*ZYVG#(F1W3NC(14YT11Z((%/EJ9H(%>5?=>ZU[L%UO_-"_GXYQ=X= M[93N7^5=_*RK,48-N=$;,S--A?E5\I\;4Y"HIE+G<3D\7#NG(UBXQNM.J<,/2F+IJ6E9Z=)!%+39Q) M(_=>ZWHO?NO=>]^Z]U[W[KW7_]/?X]^Z]U[W[KW7O?NO=>]^Z]U[W[KW6O#\ ML_GKW+\Y_DWO[^4]_*WWY%L?L+9%)5Q?.3YS28MLSM+XL[$D^SQF7V1TO/C\ MM3#=GR7RU?D3CHDU00X.>*ITS1U5-4U>)]U[JU3X-_`[XY_R]NEJ+I;X[[0& M)I*JJ_C_`&%OW-2C,=E=P[]JH_\`Z+!\X?YW/\NWX#4^[*'MCN8[^[#V13PU6[.H.A,2_;W8VTH*C(4V) M@FW]2;=J!MKJZ"?*UU/31/NC)X59YZF*.+R/(BM[KW5/N_.\/YJG\X?H/.=P M4>[E_D9?RQ<;M#<&^-U=X;RRU1N+Y9=Q==8_`UE1E=P4E)03[&'5O5L=+3S3 MBI2NQ-77P-%-3563I)?'[]U[HF?\B/\`X3O?#7N"E[(^9GR"V5G/D'\;=R;Y MJ<7\$MM]R4-?M'([]ZOVK6Y?!9GY#]M;!P8P])EZ/M[+TD5;M?$Y*2K@IL/' MYZB.H-33R)[KW6[OUKU/U=TUMFDV7U%UQL7J_:-!''%1[9Z^VI@MGX*G2%2D M?CQ6WZ''T0<`GU:-1)))N3[]U[JF+YP_-SY$?(KNSZ//\'?@5\;?Y;?2-7M7KBDIYMPUE%4;O^07R1[!EI*SMSO/>47\0SN[.T.Y MNQZ]U7)\*$R7\U;YO[@_F>[SQF4 M;X8?&6;Z][]U[KWOW7NO>_=>Z][]U[KWOW7N@3F^2?Q^@[ MOQOQID[HZR_V8/+;=RF[J#I=-YX*7LJ;;6&CI9\EFGVA%6OFJ:@IJ>MCEURP MIKBU.FI$LV_\7OB+UC%+D>R MNW]S0+IGRMG> MU#_,/_FU;VP/R@^:-;21UG7'2U+3-D_BI\+Z26K2MH-M=+;0S=1EJ7.[OP:0 MQ:]P5(/CKO)-`)ZH#*3>Z]U'_FB?,_O+N_LJH_E%?RSLE)/\QNT<-3K\F.]U MQN3DV!\%_CMN?%R?QS?.Z=TTJ+!2=M;QQ-:E-MK'4C/7QFZM M6^$OPTZ2^`GQIZU^+?0&`_@VPNNL489LC5K!)N/>VZ:]A5;IW]O+(PQ1'*[K MW9EF>HJ92!'$ICIX$BI8((8_=>Z-;[]U[KWOW7NO>_=>Z__4WY?*9&JRE836Y:KKJUHC65DGBC,ACIXM,42I$B(ONO= M.?OW7NO>_=>Z][]U[K6.^>?SW^1_SW^4FX/Y0_\`*;W7C\'F,3B\A1?/OYTT M'GR&V_BWLNLGI<5F=@]99J@F2BRW==;35-112_:3?>4%>WVM-+255-DZ&_X\=\_#CX$[";^7U_*F^/V\OG%WEU30+3=F8OHE=LT6T&[6%&]+F]Z?,3 MYA[GEQ?3^T>PMRY/&2ODJ9Z_+[DI0JTM%A?MX8*:/W7NIGRVZF[8SO4FX^]/ MYN?S_I_BY\6=KEJ[/_%[X1;CW)U+M7=]#)3PU5)UGV'\CLI%%\C.^=Q;HDH9 M:*'";+HMD29=Y#!3T6EF_TB]MKMF22OI=N[@KZ>MI-V%_PH?W]2Y[=^S-U]1?R4>F^P8,ILW:F?I]P;,[$_F4[S MVSCXOX5E]ST%-D:)\#\7-C;J'WE'3*)5W#411"4BIAECQ'NO=;.&*Q6+P6+Q MN$PF-H,-A<-04>*Q&(Q5'3X_%XK%X^GCI,?C<;CZ2.&DH:"AI(4BAAB18XHU M"J``![]U[K72_F&_//Y#_*7Y5TW\G[^5ENV7;?=Q@ARGSE^86(IJ7,[>^&73 M60IY*'+X;;=;%D:02=^93[^%:5(9HJO%U#100M'6/45>']U[JX[X8_##HKX' M]&;?Z&Z$V]4XW`X^:HSF[-UYZOJ<]O[M/L',:*C=O9W96ZJ]YV[\IKJ M:N>1A##J6"FB@I8H8(_=>ZJ1^2G:N[/YQ/=^]OY=?QEJ&R&5P5+V)7[8R<=7G/@O\?,[01PRYO<.XZFFBI]^YREG%)BL,\U&)&DJ$ MAK?=>ZOXV;L[:?7>T=L;!V'MS"[/V1LK;^'VIM#:>W,=2XC;^VMM;?H*?%83 M`X3%44<-'CL5B<;2QP4\$2+'%$BJH`'OW7N@&^4WS+^,GPKV&G8OR9[?VKU? M@ZVH&/VYCF^LW(\45/MOKGK_!4^4WMV%N6JEG14H,/05M3ZM10(&8 M>Z]U7-DOD9_-C^9]&TOPN^._7GP8Z0SE'/'B/D=\]J/+YWO?/8VOBD?&;SZR M^(&Q:P_W800+'-31=A9K'53BI4U&)0PO#)[KW15_D3_*R[3ZK^.7;GRB^3?\ M\G^9:G;?2^P=V]LU_;VQ^Q=J=.]%;8_N-B(]Q4PH_BUM;$?W2R=!.^`2"?&? MQ99[/^4?=?\`+J^)W;GS-IZ*G^1G8_5M%O#?)I-O M4^TY:['YS)Y.NV)F,QMJCCIZ+![CSO7LN*K"/W7NCY M[DW+MS9NW\SNS=^?PFU=K;ZH"WG\X/G)_,[S&YNI_Y2&&QG1_QCI*W/;+[` M_FF=X[6K:K!Y>JIC1P54GP?ZLGJZ*M[Y.T,S#O;Y)]_=A9Z6"JWO MVWW9VKD8SD^N/C[M3)/#D]T5%$*'&VC1=$E6\E6GNO=6&?!+^7?3?'7-YOY- M_)#>47R3_F(=O8$XWO'Y-99,D:'&86?+U6;H^F.A-L92>2@ZHZ-V8U1'2T>. MQM-0R95J85M>IF=8H/=>Z#/YS_,;O;=_:B_R[/YI_@+U#G$$5#V?V7!''+3;C[AWG"9DV'LT%I\A40/D*Y(\;3G[GW7NC-?` M?^7WT;_+XZGJ]B=7PY3=O8>^_O[Y!;[F_C/:67W7NCT^_=>Z][]U[KWOW7NO>_=>Z__5 MW^/?NO=>]^Z]U[W[KW6K3_.#_FC]X=Q[PWI_*5_E![=W/W;\V-UT,V`[\[6Z MZJZ.EV;\7]EU<,L6XL'5=FS9C$;;VGVADH;T556U-?2)MN)YHXY3G/MZ:#W7 MNA9^#G\D#=.R_CSLCI'Y6=CX_8G1N/H\5GMT?"3X=9[>77G5_978.0Q:G?&\ MOEA\B9\A3?(/Y/;BW)EW3RXQ,EMO9]+34%-1C'5U-$K'W7NKA^S.Q_B?_+9^ M+]?O#/T>R.@/CQT_A:+&87:NR=M46)HVJ9C%C=M;&Z_V1MRDAJ-R;UW7DC%1 M8S&4,$M;D:V55`9BS#W7NJRMD]?UW9^43^;!_.`?&?'S8O0M5GM[_%'XH=H[ MAQ5)US\/]G!),7A^ZN[(::OJ\+OWY>[VQ]0&B64U4>TONH,?BJ<90RRCW7ND M5A>M>S?YZ>?P79?R'VAOCI3^4MM7.XC=_1WQSSDU;M#L[Y^Y+'S+68;MKY*8 MFEK/XEM#XX8^JI8JW:NS2U/7;@:5.H\1A<)AJ&EQF(Q&*QU/'28_&8O&T44%'08^AI8DBAAB1(XXU"J``![ M]U[K7[_FN?S&N^\IV=MO^5I_*NBQ/8?SX[JHJJG[8[(QU4V1VG\%^FLF(\%F M>VNQH2>HHXXQ/]I/55.*I:WW7NAU_EC=1?`3^6CU] MW;\,]@]P;_/CQA-F]T?//M?L[[O:.]=];A[0VU-O"#O#>^[=W^'&Y+8M3 M2R54-&U)D\A0[>CC:EK)_OY*B:J]U[H)?#[/;Q^-7\L:>N M7'=G?.R@.:V;WI\LL;CJXT^Y^M?ACA\C1X[-=?==5-323XO+]CY.G66J/EBP MU/)'')+4>Z]U:Q11_$C^75\:L+AGR74WQ8^,G2^WJ?#8R7.YG#;&V1MS'4T4 MLB129+,55,,GG\Q,DDKL\E1DLI6R.[&:HD8M[KW5/]/_`#'?G=_,TR51M7^4 M=TM'TQ\<'KZJCR7\SOY>;-R5'L7-XR"E"25/Q?\`CIDX\9NWM?(3UDQ^TR^9 M6FP<4E))#64\;2(P]U[H^_PX_E>=(_%;=5?WCO;=._OEK\Q=S4\D&\/F!\E< ME3[X[;^TJ@TM7M3K&*:'^!=*=9QUD\[4N`VY#2PQPRB*>:J6*(I[KW1F/DO\ MQ?B[\.=CU_8GR;[SZZZSDY5FAQ>TMHTS56[-YYVKT$04 M&*HJRMG(.B)K&WNO=4ZT'6_?G\[3L'!;U^0NP]__`!N_E-==[LH=T=:_''>D M.5V;W1\_MS;5RT\VW>POD3M*KHL;F.O_`(QQ311UF*V57ZJW<;QP5U:L<(IE M3W7NK0/EO\[^D?AK0X#:^7P^^^V.[-X8BLJ>H_BY\?\`9>0[([Q[$I<4\-`] M=B-F8*/[;:&P\;6SPT]9N;/3XG;6-9U2:L20I&WNO=$)VU\#N^_YCF>VSWC_ M`#8:O"T'2=#7+NKJ/^5QUUN:BW5T7M6IB,3;;WC\I>SMNU,5+\H>Q:>%/N8L M;"$V7BI9+015H>9G]U[JQSOOY"['^+N-Z9Z=V1M*BS';?<]9E>J/BUT?MG'S MX?`Y/-;+V-7YN%\\VV,+EVZSZ*Z^Q>,I$W#N"'&5=+MV@J(`E+/+)34TONO= M!_\`#SX14GQ_W7VU\A.WMTT/=WS&^0NX*_+=K=YU>'GHFP&R?X@]7L?X]=34 M>1K\I5;/Z.ZGQWBHL=10/`^7J87RF01JV=O'[KW03?(#Y5=L=^]C[L^%G\OC M)T\/:&&F_@7R*^9%7M^#=O2WPXQTSU=)G<)A3-,FW^W/EO`L2IB]D+-]K@I9 MUR&X)(H*<8^M]U[HV7Q-^(/2_P`,NM)>N>G\3DY*K/YF?>7:'96\,I/NCM;N MSLW)TU-#N/M3MS?%>/XGN_?.Y)*97GGDT4]-&$IZ2&FI(H8(_=>Z-![]U[KW MOW7NO>_=>Z][]U[KWOW7NO_6W^/?NO=%R^4GRU^/'POZHR_='R5[0VYUAL7& M&2EHI\Q4^7.[MSWVE15T6SM@[7HUGW#OK>^82E=:+$8JFJJ^J93HC(#$>Z]U MKD_+/Y&?S3?YDW8FU_AY\4\OE_Y<.$[:Q6*WIF*+,X2ISGRYV[\5,E6U^,W+ MWS\C,Q@LK18SX;S;BEI8Z+KW8V,KLCOO=N2:I:MK<)0T5=X_=>ZV`_A+\%_C MC_+_`.E]8:*.FRW8O9^ZI@^4W5N[/ M5(DGEEGD,--Y3#2QP4ZQQ+[KW0\=P]O]9=`=7[Z[I[EWIA.O.K>M-MY'=N^- MY[BJ338G`X+%Q>6IJIRB2U%342L5BIZ:".6JJZF2."".2:1$;W7NM6'N+YG] M1[@^1W1O\P+^8)MSL_+[=J-P5.._DS_RK]D[(.]/DAV'7Y5*G'Q?-[M+I6KK M<9-!V)V`V-\6R8\S]I1;*QE5&1(^8G,J^Z]U9#TW\&.\OG!V9L_YA?S9=O8* ME.R,O#N;XN?RZ<'N+^]_1/QY9$2HP_8_>Y1?[O\`>WR@A$\D354JU.W-NH"N M.B:61I(O=>ZO%]^Z]U2]_-7_`)@G9G3.5ZR^!WP?PV+[%_F0_,&DR>)ZCP-< MU2=L]"];F&MH-W?)SM:NHEF.!VQL*GBJ*C&)-'+_`!"NHI-,-2M/)3S>Z]T` M7Q]ZT^%O_">;XZ3R]N]C;P^0GS9^5^ZI]R=B;BP6$S'9?RY^Z*;WW_*3^$ MOSC^5>*Z&^)';^R-O[7P'Q8^%NX<+1=W]?;CZ]VSV+C.RIMA?S']X;=./E[@ MV]O7+X@-%M[;\HQ^UVJC5*L]8*FE?W7NIO?'_"CP?`[K?L#X_=Z_!/4M+'[KW1,.C.VOY6_?'=6V_E7_`#B/YL/47SR^2/7642IZZ^,F MP-I=HGX7=,YBMS+0X*3IWINGZSI\QWEEJ=*:-),K5T-;'5,RM5PU3Q4U5[]U M[J^+;?\`.5V=V\*7:OP/^"'SM^5THISB]N;EQG0%=\9/COCVQ]0^+IJ+.=Q_ M)>HZKQ.W,;3Q4VK118O)5,,"A12EU,8]U[I^RW2O\W?Y;?JVCLBHE5Y'"US M"-9)?=>Z%CXN?R?O@?\`%+>]9W%MOJJN[@^1>7JUR>?^3WR:W5FOD%\@,SF% M^VOF5W]V+/E6VUDG-(A9L'38I#8^FQ(/NO=$=^:O\U7OWN[L/?'P1_DI[%Q' MR-^5>WY:G;W=_P`F,A-CO]EA^'8J%6EEES^^LFM1M/>O;%*[3BFP],N4CHJR MCD2HHZ^:"?'K[KW576?_`)&>T>FI,'M;Y&]S;F^>?\V?^9#49GK;)=C;TJLG MDNO^@NI:ZGPDORC^1F)V3DLWC*C=6&Z$V;DFCVW7YZ1*5MW97`4E#B:'[@P+ M[KW6WE7UO5'Q"^.%;D:D/M'H_P",72=375`IX*O*2[:ZLZ8V,]1-X:>!9J_) MS8G:>W#I1%>:=H[`%FY]U[JOOXR8Z;K#9W<7\T_^8CN/;/5G978>U.7H*FGS>^\,@*&`S4> M.Q,,?NO=(";O_N+YY]>[L[%W%7;Q_EP?RWL75453D.ZNSMLC M01-!F]E9#(9C`5?PYZBW%E*ZDB@S616LWKN3'U.C'Q;>D>.JD]U[H,^P_F?O MWX@_'O:G^@OXE8OXB_&O"U+=:?'#J/>77^8WS\S/DQO6L7)/B=G?'KX1[#W% MM7(8C+[@RL4^6K",3U#>Z]T>;`_+B@^'WPJZ([(_F7= MN[;V3W9F]A;9BWS0'%8Z7>^]NULI015]=L38'575U%E\AOG?M&]6E)-B=IT. M24U$4C0&2G`F/NO=!9WA_/$_EJ]!Y:FVCNKOFKW;V=]AC,AG>G>GNNNP^YNV M-A19*FBJ9*3L_9?6FVMRU_66:Q#5$<-?CL\_<3V;T_P!E8VIRNS-ZX6.OIZ++4U!DZ["9.%Z+*TF/RN-R M.)S>+J:.LI:J"&II:NGDBE171E'NO=)S<7R_^*6T-Z;RZZW9\D^B]L;YZYV8 M>Q.PMK[@[4V3ALOL/8PSF.VU_>K>E-D[>Y?DMD:S*8_#RYCX\=5S[DVRE=D:V>@IZ;#Y MG>N;V!%OB::JAT0_W>7+15+GQPO)("@]U[K8PI:A:NEIJI8YX5J:>&H6&IB> MGJ8EFC601U$$@#PSH&LZ-RK`@^_=>Z__U]K_`.:W\P+.=.]@;5^)'Q%ZSQWR MB^??9^+_`(]MGIA\_48'873?70J(:'(]^_)W?&/HLC_HXZHP=551+34MAF]S M5;I1XN)W9YH?=>ZJ&^8NZN@/Y5K;0^;W\R;Y![#^9O\`-8WW)6;0^)6+["AK MMC?'[H+(;K>GPLM3T]TO@9-R2=.]$;!ED2;=O8%73Y+=V5IX'5:IJZJBHS[K MW1>_C9_-]^/GQK@_T6_&G%;E^4WSJ^;E1G/D3W%\X/F3-5?!?XF=LY+'4[;= MB[3QO8G=D%%N9OCCUSC<<-M[#VYMO"3`8O&Q4,.6D.4F_@5UH/F]L# M)[SKMK?&/KK=6T-];?\`CKF/E'ULN,SO8'R2^1>*W+L3&TG>O5W2.R=ZT=3M MG`0Y:#;F+K*'(Y[MV]G\GN/M?$_$/<>=AKJ&OK-U;NR$]/5;[DDI,'M;&2&AV]153C'% M/=>Z$#MS^;9\E,Q1]6=O?'SJ+=VP?C/E,E6[1^,6U>Z-OXVE^57\U7N&;;V3 MQFT=J]>=?[MJHV\^U-TQ4N1.V\:M3%!04TLDD_NO=%'^#.0^ M2F^-Q=^[D^"#;(^4WS^^1^]*&E^=/\XOL7;T"?!SH>NP$5'0S?'3X9X4&/$2GH,91XE$V[D:L09'*9.2#[:AI?=>ZO8^,GP(^/7P1?L+Y3]U]N9O MO+Y)YS;\M3W?\[?E;N/;2;THMHT-/#+6[9VYEZN/$[-Z)Z2Q$T3RT^`Q`HZ" MG1@*B6I\43I[KW56>_/F+_,&_G']K;UZ*_E6;C_V5'X`[*R]5LGM_P#F=;CV MU55^[.X:R.IRF'W/@OA9BZS[6DSF,HS1RQ)N6DF@F24)4ID,9>D2O]U[H;-D M_P`M[^3U_(MZ!W=\N>X<#%NO<.QJ6IR>^_DU\AZJH[>[F["WKNFMB$5!M?`U M<38$;SW5GI#%CJ7"XNGJ@U1-)/.P>MJF]U[H;?Y7_3'=O<_8&]?YKOR^VYF. MN.[ODKUS1=;?'[XU9?'T]"WQ%^']#O"LW;M#8.6DCAI:S,]F]JUL-!NC<]36 M04U125+0T2P4OAEIT]U[JZWW[KW2%[-[/ZZZ7V#NOM3MO>^U^M^M]C8>IS^[ M]\;TS5!M[;.WORN7R4U/1TL09E10S:I)&5$#.RJ?=>ZU8]]_++YU_S M\=\2](?RX:KLGX=_RO*6MJL!W[\_=S;;R&SNS/D3M^H5:+<.Q_C'CZV./B[\6OCG\!_CQMGHGH'9V#ZMZO?C9EX]B]9]A;TV=TKVG\D4VSN?J;/R;G[0Q^#R5? ML7'5N4W#GL=@*N@3&3M4+#)[KW1A.W.TOC)\3=D=>]X_SI/F/T%NWN3:N.RQ M7K3#Q9:@Z`IMT_WN?>FULUU1\3=515.>CB,S_P"1 MM*L<7NO=$T^0/R<^:'\Q_?'1G<7P6_EO=X[YZ.^.U'W7NS;-3\WLGM'XQ=3= MN]_[KV-0[?\`C?W#M[I??VY1NGM?:_16XGJLY25F6HJ"G5JN22@,.6AHZNF] MU[HBW:_>_P`J_P"79V5\=]P?+7;.S/B=W+\RM_;TZHW5_-9^8O;>TOG5WAT[ MM/;NRL%NO;:CPV#Q5/D7HS/))E,S058AGJ5]U[H MKE)\D/A/D?G!WKU%MS?O\P;^8?DNN=L[3P]-W+\.ZW*_)[Y8?.&HW)MW:^\= MQ4.7^7NP]U8-?BW\5=H[GW&VV/[A=81;;HLA505-5FLI,GCQ[>Z]U9+VYUI_ M-`JOAWO;;/PP^"7Q[_D[?#C'[6R6]^Q-PF'I*6KIZ8M#).Z@HONO=7]XC>VS,_#0 MU&!W=MC-T^3CBEQL^(S^*R4.0BG&J&2AEHZN9*N.9>5,98,/I[]U[K__T+&? MD)C_`.89_*J[V^;O@=F2T%/LO M9^W-B8AUHADJ/'QUE74_<2PR0T\R0)[KW1U?G5_+7^+OS\ZCS/7/:VP]N;?W MFN"V]A^MN_=I;+V,O>'2LFT-U8W>NUZCJW?6;VWELEMFBQVX<6C2T$#)1U5- M-402)HG>_NO=:X'R-_X3G=]?+GY6=1=+]Q]Q][;Z^$/4$.*[*[9^7OR#^4VZ M.Y?E)\D=^9W%5U/D>M>INO:Z?(]=]"[+VE+!%2R$X*DE9*F2L%9DY/!2TWNO M=62YC_A-Q\(MS_)K8_<.X]S]K_Z!.I.E=J](=2?#+:&XI^O^EMN[7P]ZK==+ MNW+;5J*+>W8>)[+W#)-F=PT=;61-F\K53ODYZ^!TIX_=>ZR_&/\`X3<_"7XZ M[9WG@\KV1\D>[:K/T&^*?8H[4[%HLSLCH3-[OVQ-L'']B]'=3/@)>N-M=L[, MV!!C<5B-QY/'YFMQT>(I#2?;+&(Q[KW1#/D;_(=ROQ`P?QM[WZ\^=6'[)^-/ MP1P>X]Q[FZ0_FPY7='8_Q%V/MK!8@Q[5W[M/K/H.FZEV]'N/K]WFK(:&MHJF M3.YEJ>:2I-0#'/[KW2G_`)=O\O7>7\X'(;._FK?S?\G2=[4633^$QV\UPJ4G5GQ>Z=Q./SO:^Z5@2"FPF$VQ MUW@334>T\/6S3QP4M9E&Q>*)ND(IEB_NWO?YD;FBI\5E>+;YCIJ MB/[F1&AQ2&I@K_=>ZV;ML[8VAUQM'#;1V7MO!;+V1LS!TN'VYM3:>$H\+M[; M>WL-2+3T&'P&W\+2P46.QN/HX%C@IJ:%41%"HOT'OW7NM4[XR]8=^?ST_P"8 M!M_^8%\H>M-P]6?RR_AMO+.T'P=^-G:>#W%B,QWYV=AJCPTOR/WYL;<%-0T< MU)0U2K50O4TIA@FAI\33BI^TRM54^Z]UMK^_=>ZQS-*L4K01K+,L;M#$\AA2 M24*3'&\H24Q*[V!;2VD&]C]/?NO=:N'_``T7\]OYG/R$H>W_`.=CVUL7'?%W MKS<-=F>H/Y='QBWMN27K.KKZ/,@8;(=U;W7!;9K=XP_PRF+R2QS3Y2L%2%BF MPT"SX^;W7NMG+:6TMK;"VQM_9.Q]N8/9^SMIX?'[>VOM7;.*HL'M[;N!Q-+' M18O#83#XV"FQ^,QF/HX4BA@AC2..-0J@`>_=>ZD;CV]A-W;?SNU-RXRES6W- MSX;*;>W!AZZ/RT66PF:HI\;E<9617'DI:^@J9(I%N+HY'OW7NJ>>IOY"G\O[ MJY4P.6H_D-WAU-AJNCEZ\^.GR%^37Y_@_\`$OY`?'RI^*W:'0O7N3^/\E1C*Z@ZTV]A MQL'"[9RN$R`RF&SFR9M@R;9R>QL_BJ_5)!78B>BJD$DB:]$LBO[KW00?%;^5 M1_+Y^&>`IL-T3\6>J<7EX,AG,G4=D;QVS0=D]QY:KW!D*K(5QSG<&_H=P]C9 MB",U9A@BGR3Q04R+&BA1S[KW5A/OW7NDUNW9FSM_82IVUOO:>VMZ[W M]VX+%[CPE4R!@C5.*S%+64$Y0.0"T9M<_P!??NO=0-C];]=]8XIL%UML+9?7 MN#>5IWPVQ]K8/:>*:=V=WF;'8&AH*1I7>1B6*7)8G\GW[KW2T]^Z]U[W[KW2 M>W7M':F_-NY7:&^-L;>WGM/.TXI,WMC=>%QNXMNYBE66.=:;*X7+TU9C%'"31.NM0;7`]^Z]U5-VE_(._DY]PY%,KO'^7WT'0UJ3U52S]Z#/8W_"[WZK[(V5VKL:;;O?'>\F%PN[-A9[![EP;#;V<[%S.'J\5+F,#%+5TDT M,D-29)-0]0T^Z]U__]':`^*'\N/LW:7SE^07\Q7YF=R8'OKY"[R3<74GQGV_ MM;"U^*ZS^*_Q:7*-_N'JXHIITK*J:?W7 MNK>/?NO=>]^Z]U[W[KW7O?NO=>]^Z]UKB?*RIR?\WO\`F%I_+EP"ID/Y?7P> MS.QNVOYAV<^PJFQ/=_?E%6?WEZA^'E-F8ZB.FKL#@IXJ/<.ZXH=05Z-J._=>Z][]U[KWOW7NO>_=>Z][]U[KWOW7NO>_=>Z][]U[KWOW7NO>_=> MZ][]U[KWOW7NO>_=>Z][]U[KWOW7NO>_=>Z][]U[KWOW7NO_TM_CW[KW7O?N MO=>]^Z]U[W[KW7O?NO=$/_F9_,_&_P`O[X/=^_*>HQL6X-Q;`VI'C^MMIR,- M6\.V-YY.AV=UGMM8`ZU%73UV\TX),S$^Z]U:U[]U[KWOW7NO>_=>Z][]U[KWOW7NO>_=>Z][]U[KWOW7 MNO>_=>Z][]U[KWOW7NO>_=>Z][]U[KWOW7NO>_=>Z][]U[KWOW7NO>_=>Z][ M]U[KWOW7NO>_=>Z__]/?X]^Z]U[W[KW7O?NO=>]^Z]U[W[KW5%O\\2AZFK*+ M^64_>^Z.X]N]647\T_XLU=52]8;#V1O3:^Y-]I4;F7KC`]T5^\>QMA/LCK"I MW"VNLR]'3;@FA9`BXV65X7C]U[J]+W[KW7O?NO=>]^Z]U[W[KW7O?NO=>]^Z M]U[W[KW7O?NO=>]^Z]U[W[KW7O?NO=>]^Z]U[W[KW7O?NO=>]^Z]U[W[KW7O ;?NO=>]^Z]U[W[KW7O?NO=>]^Z]U[W[KW7__9 ` end GRAPHIC 17 g279855p01.jpg GRAPHIC begin 644 g279855p01.jpg M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````/```_^X`#D%D M;V)E`&3``````?_;`(0`!@0$!`4$!@4%!@D&!08)"P@&!@@+#`H*"PH*#!`, M#`P,#`P0#`X/$`\.#!,3%!03$QP;&QL<'Q\?'Q\?'Q\?'P$'!P<-#`T8$!`8 M&A41%1H?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\? M'Q\?'Q\?'Q\?_\``$0@`-0$E`P$1``(1`0,1`?_$`'@``0`#``,!`0`````` M```````%!@<"`P0(`0$!`````````````````````!```0,#`P,#`@0#!@>3<]7#+9:I@M-/%<;M"M MJMNDJ+XY+E'#!!ZD0@BJB:"X:"L<@\B8[@MD_5+RX9&Z7A@0&$WR93Z_:TRW M5-R]>J]DT%1P_.N:LAN+5P>PJ+:\6DHA,!.F$S<$#R;5,@0#]VWW(!-CV^[0 M:KH&@:!H&@:!H*=D?),:#>3QNPV][),J;;1YVU1"!H&&RZHE!ZZ"RV6;+G6F),F0G+;+D-"X_`=(3-DR2I-D0*HEM7U30>S0-!Y;M=(=I MM4RZ33\<."RY)DN=/:VT*F2]:>B:"M<3Y#?LCPB)?[T"-NW-Q^3":V(V8PC> M)8B.(*J.[P[5JF@M^@:!H&@:!H&@:!H&@:!H&@:!H&@R;DW.;I>,@9XOP>8K M&3350KY<@%52VV_;N<<0E3;Y20D$41:I7T6BZ#@U;FN/.2L.L5C><_1=DNNRH3*/M2ZN*2BX55%PD6BHJ53H-`US0-!CW.(.3LYXLM+)*;KE^^ M:49*=6X8B9N+T7[!)?[=!H^89A8,0L$F^7R2D>%'3HE4\CKE%46FA54WN'3V MBG^&@HG'V(9'D.0CR-GS`-W!6U#&+"J;AMD9Q=WD-%JGRG!IN+NG;Z"&JZ!H M&@:!H&@R?E;(I9\E\E.]1]K8K5/Q7^&@G<`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`Q4A-!54KU]4T&3<]\KV"[YWC.,VVYNW6RQ'GCOL"UR?B*Y)0= ML=M9BDVVB"7W*AT'K7K303'"',>(6.R%9LKRX)%XFS'9+#!.2IK,)AU!\<8I MQB8+LVK55<5$KWT'?=+K$@?N1O^EO_`*0.^TE(J5^[K5=! MLW'7(EOS3#&\I".5LBD3XNMR#!4!(QD!GY!]BA[:[NV@Z,.YBX[S&]S++CMV M&;/A`KK@(VX`FVBH)&T9B(F@D2(M/\-!-V/,,9OL6=+M-Q:EQ+:\Y&FR`54; M;=9%"<13)$%4%%ZJBT^N@\]VS[$[9ASV8/7%IW'VF5?&:P2."ZE=HBU1:$1' M[13\=!\_26@MW(6!Y_F3K,6?D4RXW>2Y)=`0@6QB$*08U7%6B@CJ$2#W,J)U MT&H<>_N!QK.\TD8S:+=-9%B&4P9TH1;$T!P0HC:*1(A(XA"J_P!B:#SXU(9S M3FZ\WX:G:<(86R6PE05`KA(7?-=!>]0`1;T&IK-AI,&$K[:3#;5X(RF/E5L5 M05-`KNVHJHE::#\^?!^8<+Y+7S&VT>.-O'RBTJJ*.*%=R"JI2M*:#PV+*L;O M[4MZRW*/<&8+Q1I;LKQDU^R[E[+I"Q+:K:P;8;Q[(S M$0#5YX0W=-C6T$W>I;O6N@VN3GV&QL8:RE^[QV\??059N"DOC/>6T4#IN)55 M.R)70>/D[.X^%8;,OBA\B9TCVJ)1561,>]K#2;:KU+JOT1=!G,2&[Q9@TR_7 M(UNO+68=`]@O2'[B\*>*(R`_]".M%*GMZ?\`"F@S*YNW2#.@<*S9C,"9>Y#= MUY$R24^VTLER7MD.,,F?^4-K:4ZD2=D'=4-.S+G[BOC_``XK-B4AFXS(+90; M?;K>M6V3`:(;KM%#:A+55154E_FJ!3.!./<%PW##Y1S25#EW$V_F0A-QMY(H M(BF&P:JA2G-O3\P]DZUT'YCNGMK7MH-PP)SEY9TTN@M\N7 M&AQ7I-:"``FXB5?P1$T'R#BO(>)YAR<.=\J71NWQ;0*)BMN2- M)2(\C;I(CXE1RNQP:DB]R^@[=!J=PYPNF>W)_$.)HIORC;I.RJ6#C,2$V2T\ M@`H[R,AKXZTZ]D7K0-%XYP6S8%C,3'8;Z/R"5QZ3-<00?ER"7>XZ:5527K3N MM!1$KH+0^^Q'9-]]P66&A4W'7%00$42JD1+T1$T%,'FSB8@<-,KMRMM/!',_ M,FU''-R@F[M1?&7N[=.^@Q+DJ\7AS]PM\@VB>%MAGC[4+(KU5?\`UT'<,B0_ MN5$H[L5`;HOW&GKH.?M%L=;4($:2&U8Z;3781;@`U*E$J/ MI70.X#)*^97>VQ$6KA?*;(UJB.DB;T3L7>H_AH(/C&WV M;)(EQRKDR]LVS!F[K(G_`*(V:,_/NCHB;B(PU[R%L%1*(E>M!HBEH+>SEV)7 MS',EY>R9N++_`$XG+)@F,/HT;440$4:58QHH&XJNB9=%VBB_Z:!PP'BCE.%P MUD,*!;R9NF81$F-GO",\UX9`"L-P'-NWY4E$Z4"Z?MRCQ+GC2%$';#)!0T=$G@WDVH4+Q_<.@Z2Y4Q=C`R"WW)ISDK,&U7),F=; M46X$9Q%)R,VX2#M\<W6F@T#%[9(Y$LMNP?'$EV[B2R,M,S;Z0G& MDWH@3W,LBJ`H,F2J3A4Z_304/D5V9L4LV.\0WBP8[X;7!8M,MN.^:H("1,%5YTT[J2KN M(M!\N/VV:]O%V>ZX@M.R!%!3QB6VH)5.B554Z:"4GW M*/PE@IVQDAN_,>8*I2C:+SOH\^2H)K1-VQM2_IC3WN?3L%:X0N>(8#BO_P"A M9I>">N+13(-@Q]LU-]LM])1>.O\`NO&GN(^B#3KU2@2>&T:(B[EZ!7\)@XOD=\LV!7#R8K@K8%>)DJ MX&,65>'03:#CCI[`0**0M`"J@#NHJE[M!+YE/OW)5UFV;&W!LO#N,.#%6J+2JJN@[\FNDKDS)\*PJP6YR'QZS*9"P-JWM>D MPX=6IDLW"(B`6P$D"J=?7W:#9>=2A,99QK)O3HQ,4A7=V3<9KG1EN2RSOA"X MJH2(AF))U3^::"*Y,YAX7QW)V'**&X,;';3:[8+T;X;"4%TI'D%OW=%V;44%[:#C@-UOW%O# M^09)ET8[?&66_*L&.&9.%%;?5!C1-R[B%"<7LJ^U.O1:IH/S-+[R!F_`M@8@ M6PI-[S;P1[@]#;56(L=TE<-TT53V`H`B54O7O6F@M&:7+$.(N+HK;-O:EG`; MH!@AG(EFBJG?<7N)2,U3ZZ"B<"\@\6XC@LN1>GZ9C=G<-!-`6HH%.FWM304ZY\$\0W&&]$?Q6"VT^Z+[BQF_C.;QK3:XP MK9BG7[16GTT$DYQ9QZY9[997+#%.U6=Y)%OA**^('D14\A#6CA+7KOK7UT'F MG\-\73[H]=9>-0G+C(<%YV5L435P5JAHHJE"KU54[^N@\%TX`X?NDR9,EXS& M63/0DD&VKC2;BZJ8`V0@!JO7<*(N@L^(X?9,3M`VFS`\$-#5RC[[TDU)405] M[Q&2)04]J=/IH)2;!A3XIQ)T=J5%>FY++^;<''R0Z*B*@-MHB#1 ML-RT1:KU[Z#WR\2Q69;OTR79X3]NW^3X3D=HF=_?=XU';N^M-!(QX\>-';CQ MF@9CLBC;++8H(``I01$4HB(B=D305CDK"<0RO''FLEM!W>/`$Y3#$="25O;' M\KXHP7*7H[UV@$CL=GXJ'%>>B*<9/_`!W/CFWO:Z]!7MZ:"#O7 M[=^*KE\4H]K*S2(C:,M2;2Z<-Q6TZT<4.AK7\Q(I?702F-\+\:X[-P[-$QV2$6-C\$&@C_,0B==25L2KQA5-V[HJK2E$VZ#Z)R3`L+R98ZY M!98=S*)TC%)9$U!%[B*JE=O^GMH*D7[M\3XC[, MVRHO,JJMG5M!JH*2JE=!8C`'`(#%#`T42$DJBHO145%T'5"@PH,1J'"CMQ8C M`H#,=D!;;`4["("B"B?PT"/$9CJXK>ZKI;SWF9]5_#>I4_@F@[M!2N1>,8F> M/VF->)[PX[`=*1.LK2((S'41$9\KJ+N$6_=[4[U]-!<(L6-$BLQ8K0LQHX"T MPR"((``)M$11.B(B)1-!YY]DM%PDPI4Z(U)D6UU9$!UP4(F75%0W@J]EVKH( M7*.,<`REM]+Y884MZ0*BY+5D!D]4VU%\4%U%1.RH6@A[AP%PY/1E'\5A#X`% ML"80XZ[0I3E16ACDY993L%7F01$$'E M;6I4I]W0E]570=Z<$\:I`.*EO?\`,9BZ5S^9+^7R[40U]F[;]-! M?]`T#0-`T#0-`T#0-`T#0-`T#0-`T#0-!AKL^)?'QM*OI1?PT%J_;YC4FR<8V]Z>"A=KV;MWN1$E#)V86\=]>M M4:V(N@TC0-`T#0-`T#0-`T#0-`T#0-`T#0-`T#0-`T#0-`T#0-`T#0-`T#0- M`T#0?ATVK6M*+6E:_P!W70?*K(/?_#8>F0.FG#87DRC&+=9SK:RS^*%V`W/& MTP+N[<8$:DE*B*Z#ZI;\?C'QT\=$V;:4I3I2GIH.6@:!H&@:!H&@:!H&@:!H (&@:!H&@__]D_ ` end ZIP 18 0001193125-12-164250-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-12-164250-xbrl.zip M4$L#!!0````(`(MRD$`8DXTT'W\```Y\!@`:`!P`8VEK,#`P,#@R-3F8W=N?IH0M0+?&]EEV'O?77[=D M@S$FQ`$20GQ7M4-LJ5]JM;I;4OOHGW<3B]PP3W#'_EC02I4"8;;AF-P>?2P$ MHDB%P7GAGY]^_.'H;\7BOS[WSHGI&,&$V3XQ/$9]9I);[H_)L><(,>0>(X-[ MTN,WS"?7SM"_I?`DA$_J):VDU>JE"AG[OGM8+M_>WI8\;"O"IB7#F12+(;;/ M5`!TZ"?1ZB5M^N8XQ.S8AZ16UJIEO:+I1#NLU`XK+7+U536\&W@6`?YL\;$0 M0XB/2XXW@DZ5:IG;PJ>VP0JJY:'%[;\>:(ZO!T!7U/QNH?UM5;;6VNUV6;Z= M-@5`)I^VC<-ME-7+J*G!_RI6X'\MO=YLS4$W^0VU+-=S7.;YG`D4&'*O:7I5 MB[ISX=1TK?D0UZI%G#2>04@F2_`AF%$:.3=E>"&I*5:TXHP>T*,1I>ZTRY"* M@00>ODCI"- M$3[FYL?"2>!1?/==@_\CG.]]Y[NF?Z^&?X5L?K^BGF\S[YBZW*?6L3-Q'1LF MDNC<3P`*@-^R8BO$)%[['!P$B$5_99,"\*=!K'Z8"SL=K@]G4 MXXZ$%KT]YQ,.,R7$K+HJ:0$/T(G[]^%?\#ITFZU7HC\KSDCHJSPW*$4QS[I@QN?H`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`!E\9WYN*A"#`73DW7FH??KD_FL2GV MTOM+L"?,=B;<7@9X.1\SR(L@CLHQ#I8SO""UI6S$8<"(]`/78LDA@>>GEO0) MDV_FX\^.>0-XO/O/#O7,,\9$QS9/[USP,)D@X=CWV'#U#"!(DVRIN"$F,_B$ M6N)C`2R&AAA!F1Z->Y.T+ABP5;367Y#6Y/KS#+0^[L3Q'-4+#L'#9%;;U7JK MUF@E*7T9?7J<%["DM5JINJ`F MVJK9WFJ$5\WB!(;VD-[;#T*_,,KMVUS;9Q`:?0MVY[GM! M@H&,4[I6UZJM9AK%R_%MEL)5$Q@H;#>T]2D\GOKT^O#K^F=RW+GJ]N%) MY_CX\MM%__I04E\.(@CE*:PR$C3]P\5?/_[PXP]+F6T\`[/],2.&&C]"U0"2 M`;6H;3#B#(D/KX=RS,E(#3IQPU$G5&"+K_2>Z(T#HK7;U0/9W@3_.>S+/>*Q MB7.#P,4B!#?P1`!A*O$=V1-F;F#Y$BPEPI&Y.*DT^.36X[[/;%0J@3L(9.@Y M$]DM-`,DTL<#<@O8*,R`(4+`SN]:MD=$SV0%K^A`VNC3K!>T_4D1]D)VCY;&?WE!<=B M)WG*YE<_.T_0&U>F4V%XSNT&=:Y1KRSX28^D8DL,9(W&:JW6@@_^PAQDTZ6B MINN+GM):+"B'K^.Z%F=FWTGS9$)SN-$87J\NK-VN8YN8'>F#KJVI\#;ID0TW8GKN??S9:,R8)VWIS MP7)GI57Z.!TAF(_9KG4R!UJ[TJS5%KR2>03KD;!*(GJU!L.W,'ZK28B7K;L< MIH8C)RIR"J.2=015A)`*(JHDE9EIV#HC*SV@K3)B@.7R.!-G$!NG`>D,A]SB M$(MN=$-#JRW._RRT;).7K"XV!*8I@[,CO&2S==8^[G7/2O8`6I]>O;9>G M(_=4YO8]<,`.2'0\@LCS$40=?#X@_\?`\2?7H)[6`7%N;4$&4QVQ[LE(:1'Q M08T([LFX2I&B':/8ANS/@J"^BQ)9BP:.^SE+TX9]01AMLG,-`K1!!T0:IL$;2JA'L/MK*$#'ONM M"#4AXZAK^I)A)W*(EZ8H1#%P/."\:`!IU!4`(OH% MRJ'>H;DA!K,LX5*#VZ/IWRXUS>CO6V[ZXX^%5NVG`J$6']D?"RAHYA449HG7 MB]CUS:A#0_NI,-NX\LU8:Y/5=-O7\;:%6/[TE(Y6@9\[(+)H/ M+4W]YE3]87:S@G\\HGF%CV;0WZ5#4\&9(S>03=#[Y`C`E`#=M]$VIBCWVA97 M\01^>>!YS)QQ!"9G]@?8G@4.!QXI;Y""/\&F*9.V;4R1Q9RQ!Z9SVTC1,F]; M&W-ESY5]5Y2]DBM[KNQO1-DK[1=2]A37B0Q&H%8.^,U_-PS&AL,IKA@5X-(7 M4EU^#)V+W,8K+(>DJ+')U.>WV!`>X9.-!GKSL91,;&'TLR1$>=%Y_A"B]:3P M+BONR%IX?#3V-TE)]:!>R6RYB>W<>M3]6%#_;C0MLNF!RC4BUXA<(];4B,JK MU8BT!3../9G'6CJJC\F=/$C(R9%DTMX@NI6DNN5QR M+R.Y%!/P@(?\Z'F>+R>Y@Y%K1*X1N4;D+N=^NYQ56(]-)QA8['G6_R?BVTG7 M*9?=VY5=S!"HGW@0(I6:1QV\V&@:UE\\1A*>'\&3)'BTGI%;_(_M$"?PL5@7 M'KY(GH61^5MJ&%[`3-G?I??RN(?OQ,_'/.G^\`8/B:DS:";CAYT)LTT\KW9F MT5&VLV-#:@EV5%Z`,@-^C/LN\%">V<%-D%-5K"D;GF)4ZNDAD#.D)XX13*9- MKF0YJ#-XENW`Z*>S/Q7"I>"6842BGH`/_YN&<0IN$9\BYDDRC==96PIR$6/_ MWLV(2*L4?YM'@3!FD$]E9;!C>.ZAHIKL[C=VGPW%=(:T%*)4D`L8GA62!)J7:/N8[GPWLLC)I5 MB_[$VEZK0"81GW$+"S[[;(2&+!,^:W[.!5S\)/(KV!]X<:9 MY=#42U'+Y+YX'#<59!);CXVP)`VU_0N:\@+_'E]^ M/257OWI-='+>_=KMP[NHV,BOW:LX8?/8D[3][EB![5-/R2OCP%\X M<40)4$E,?S#+^@V"`ON:4>'8S.P*$<`HKH%Q"J:'&3/X7JK"1LGY%'W,YI-3;.R`3-WW_#VX#@<%%[Q!&*V7M.?G<:L5WXJNO9$&O%9%U8Y[J$_J'UR&Y3%DZSV\$=0ND:NO'?"\3DZ_7G3/NL<=O!E$ M^KUOU_W7=;\'J[@A*UBY@IO0R1^#_]N_^D)NN661`=8H"^N>,%,53@.G&L'Q MB2".1UA4CI5Z7*#?[03R-H^#!=SPFRSPR'7J)DB;NC1P`PL>:4(_$B/ M8Q5ABTP@A'5L,S!\,KA'8DHDG?/$)20R#&P3'G(QDX,1%I8#WWZD?@)()C") MQ*$/4HGUZ(!961Q-/N21D>,[GO>'A7RB:)0C5$E8!\7Y#_%GZ9#H,4I!MXKH/#-Z9X58O9 M,TXP<>3+.UCPZRL7P@D\3CY3^Z\#36*RTN+T!8TY%OI&C!XLF#S/=`,WHYT@4K`'\$+1\C;`C@&$#NK@8AWO5#>[`9-XR%YSW^1;Z*RA#!-L'15J)BRA"', M,,S9X7TS'I5)#6L%2E(^`)`0"LP_[DU+'>(3G"C806",K0HJ6E@V4#82<[.2 M$M?QL28Z5J9`!0L5<8)"0%8'GA/@3SJB^&$`22!2IIIQ$=?2Q`3Y@!,0R`0Z ML:!B)+1POE#0G,"3EL*`0)TA%>3?,,;"Y#*S.#-$8HQR&-,;F?.T0F_X7M(/ M@G)!G:"Y5"\0E!M20^<8>I!2@@JJ;O6!09"%'N7<\,&*HK+@B[`+H)7V0DA1 M2MDS$MT(#.1P1>VX.C][((D<2AV'U1'$&)K`A%YYH!X>5H:$=3+4NL@*JLZ+ M,_^1R=O,ZW1R>1?C!WR(2FM5H%#76^UJ/4Z'&&=#L=)/K6O59G4-#*OC>;W9 M7@_#RI(;30V6B%48(/*35>U@"&\HKG)")4J3=?`V&`04V\UFO:'/4_98.K;# M0<:0H:CIU5JELE,<9`LRJK6JWFQNA`%G`DN!G/P(`"@$<\1L`]8NC^<$?#[+P>\][&$$TBJ1X\N+?O?B"]89..]V/G?/ MNYC\?5WA!R:]/#/T1I*^=V?D,;E.'>`J3"?RXM(!^@3R05A\*.IR`+3>PS** M24N&+@<7X-E*-Y$,&9-N-2!A=P9#AW`,L)/5!U`[/`H^@NMQK&*M%FD!LRMJ MH;HYX"3*L")&K?@9/0.LM($J_OX:FF&Y#:++B@%#\'7&X&-P&VM%*Z\#/0O% M]!2>&X/W2\+3'?*A?Q^G&+TBZ:0X=2[A8#)G#GF*R&BGXKS!-+ MU9X>@91'N&\WJT+MJ5)/]U,?5CH@$$-1%WGTN/1]IU6TXU)`I`^5_L:ZUG/5 M&-[5\(P9AD8E\@V]:7AIC*?QR904"_PCZT`Y60L,J\!);H[3(8(&7J,-;W17 M%V2')+K@SHA(=U)F MN:35P=*!2<&&\S52CU1:)59@%:.XJ%#^@J3>\]GXR3+\J2/X2UB3/@SGPYR. M&>#'6LA7ZL$@:NUV(XRBIRH^SU!(\T)=^[C97T'N02P`18IBB@+$6:`5.,YB M#N14%&J0U%(!4RM4?I8SBSZ`+,IH M3#%FC"@S.5_SCML)&S*\#"V_\W,.CBIT7;,DJEZOMVJU&7E+4*Q-Q\HM'5UK MMMI/I*,GCTG$=U[7JA*+M"Q2LHAD$\2LW/!L-M:BY8;9`5M'&O6Y[:P$X"=C M75EWU\?HF'$J]? M51*JG_#;7P!/8$`Q$@43!2ZSAV'/O7*V1_R&J93`F(_& MN`'G>ASB2[53]9_`P;A$)I8P5B1X?OX&PVCO+]P`QB21^EZQ(3]Y)G>%,="Q M9J>_R/MSZ;5KOT3!+;$@ODA@"FQG@%N\,OG!;3?PIQVK,J_"=T;1C;"V+*B_/ M<&UZ7N6+PX[/J^JNS:MO*[#B+72LX(=-O2 M5+L_GD+D=I@F_U][W]K<.(ZK_?U4G?_`-Z>G)JE29ZR+;S.[4^5.TK/9T]W) M)IG9VO.E2Y;H6-NRY-$EZ>RO?P&0NMFR8R=V+"<\>ZK'L242!!\"(`@"U3`J ML*=*MA19=&2;YD%I0Q$W5APYRO,HQXN<=(+7OW"MX7H41Z<4&`3CNQ6Q4<`= M&+U]2V>P[-^I>SN1<970KI>=8DI+%&U"(`C/:M!\`S(MEW2!"/#P7!!$?\20'19Q/OY#?6$H9 M%$$$:`<0A_!?#+S#GK/VE\_O,]+<;W/G)Q@JMW'57C'^S8 MB]_#S[30*2*!XB-\/"`,B#-!\/`CV%N7XY`'WG>-#?Z/71;Q)#/NE`8Z44[D MP>,"UP5B7RX7"BLO@8;8%939-41V_9()24W*DSB)4KG^I$6YI$%`;G`;YHVQ M82KLR5(4<%EWNO].2^9K=HA:772'([KN`,8(JO)[#"W(%3S'*P12YGKYY9\C M(;2+$'!A%T[Q=D"0""FS@%^.#:PHA$16,#X>5+L87C'CQ9%Q&LE6V9FB@K)5+!11H;D,1(R-F"F6HI8^'D9 ME176@8RK`MKCT">6?,$RJTBI80I*"X_8G5AC=>\_38RLLBD@9;7S7<%:!5?: MO?4+KAB[JWJBNE9=JPHW3^NH7-V@86-2+&M:\XIEBF5[PK)=5VK)JI=0596S MVJHJ^S4K:BZ>SZRW86%LH-*2;FT1-">P?7[`S:?PR-A%5L7288+6C,K6]BN8K-?MKUPE23(<94&ZVEYJ5I\V*H M>6G0O#!33484>)Z^S33[+4W7NPWB6G.WF6\;*J]3>=7L1RN]SV;Q68B[56Y6+27N M\5=7*M)>.E&N`=;&:\(_K;N:1Q7G%.<4YQ3G%.<4O^:'7Z>F]RI&2,19%:5I MYNV1M^0]7O^41>VFW_INNKF8>9T[(X4EA26%I7W&DM)E"C-K.X2MOJ7UC+4O M+BF'\%M!R+[*D[HMY%Y[>DW88KMA.O3YRVSIG]C?PCV]XIWBG>*=XIWBW;9\ MOOO.L9+*%A^;DWB^R$->Y,5=+[$RBZAF&^7C]VVL'SM,/=\5E9Q<3%\<87I= MF:$8FJ2LOF/NNZ+^1T$`_)5_C572C^5]7E'A6-CST)O,=US06V1(QCS"T2W/ M:,KK`2_)XIMG^ETK=?`J28EEMN82`RG!>9PG:;ZO%@8;/K#/17T$4=8$>IEB MP6(84O';CS'[!C:HS]U;:M0)@0&1S`6=.>8U-K5C4>4W\BB7-.4)%Y5^1>U? MRN7\U&SHB\"Y=M&@M;(D;_0H0Z2(M[$<G"`==_P,1$@0\PU.L]XR.F:I;.DC/6^,S+7GNETN?OQB M5*XWX1W3;#^3EUF5CQ-[ZH&T&H@R'\\K2VM:?7..JOJ.-D33HT5H>Z9>KN>[ M*9I.D,*5RP),Y*I^W5-Z;1K^U(LWSA&QM%&NN)!A%IXFC6%.TFJV>OJ51 MI)/4IW5Z8L?C\LOQLY:AT>MUEY"\N-=M4/OH`C7U?MO8(K5?>'(.AO:$/X>G MIFZ8G7FUL*2W35+W&`]-O:T;2Y;:8]2)[]!B^!B%DY,0JSVEL.^Y`)/3GI_A MYPFW3E_7K9)$?KSS31*[I@SK=EKM5G=GQ*XGJKIM2S?-;1)[R:.+-,$21^@` M^.1-/%G-798+0ZJ>`Q6C/"(#A(-UW.VO,Z!5"'SI03\&N;E!=XZ-M2#7R$$_ M`MV:0>MK0?>Y@\;]KVB6NT6K("`O1C?V]T$B]`QZ76["*SX-(ZR`=P8OP!Y\ M<\*PU^H;G47#?@:).QCYFI*U;5G]US+R-2U*J]NSRO9]`\;^XH+]N+MPM3^? MTMWQ86U9?ZP_<1$TG`]KBO_W>NO8>$E$1-R.^2D7_ST/Y`8N'@3N!99IO.(. M]ZA.\R9-W_=&5V]5%_[J=&QI"&N*[7ZK939L`.M)7[-3V<]O9027]@,^C^XX MQXD`M)_*M3HW!R>K9^GM5<:RC*!M#VI=_VO%&]#0(:WK0C+T[K;'=,I''`L? M7?$@V9+TTEMZ9^G<+*!A"Z2OZXIL=SM+Y>X+4K[NR4[+:F^7]#L.>G6#.&FW MENNXF9XW2.B:J-@5E>LA8*-4IK1IH%-FM)`VK(^,CM592NU\]QNF>%UELV-J MUY0%G=Z&Z;V,^-3VW,T?]K[O&TLU7K7CS9&YKEXPC+:UU)[=&J'K3;W>,JU- MDBF"23(3%S91/#,^-FHPM#OMI9!=1LBV!K$N1'3+6FIC[V0,:PH.PS)[C\#\ MZ8.XQH!!+WDXY11JLE&-\I@M,=OW)FG=I#6Q53K7M2A[SV1J%M'Y00:"`FBR MC^?E<-!GG+>V>]U^JUW9IZ_8ZQ:(?8RC[9;1Z_3[&R16N+_.L8H.!O]M;D&9 M5K]71V>UP^>3M>;:,3KFRY"UWE(QK.I^=Q6R/F$<[G,B#7IML]LM:1QL<+TN M'AU6O]W1]=[2+E`2Q!>C3SR.>2E6-`\578O+OV(LJ@Q%93L-"L9FAMF'%#^T MC]FGL\'UV?7/(F(VS<-H\^?6#9[NO,!`+B(/FL<@8YPIAE'F,4768^#PQ/YW MB`)QZ&[SM\BE,K MHMVIL[CT/HHRSZ7H>H:!AY-TPB*2IXA1VW4I]!3(%%\.X767I=,P8$`0E@FS M;T6$]&T4QC%="X@QLIE_=P!Y^$,\!>B./`R@!_7T;1IZT%!*3T1V%&-J, M/32;D)30<=*I'3AX;!=#OW'JC)D=`V/@;1[`+UR#;@#1XB.T[#-8RK!U8@F: M/AK1GR;2^7;,T$47H?CV'[0LS)\BO&"DP-$@3*"1D<^=1(1F(]NI/:%=8""> M"//!D4TI]-SQ(B>=X+F%@Q.#X>I(5/4F0#@%KH:!E@6$9X<:[-[S?3;$F/$_ M4R\20>-3^T$,58P:O\%P\PCF&&T(>2_AT#OFQWA_X$%:*#K'DD!"V2$B%,'9!!PQ<39.`PZM0ENY;._X'O`L#`B[@<8+B\9 M1-.)QYKP)C`%L&!'V!O=3\'`5KPI_-X'"N0%E>R&!PXZ0WP6+J\AO_W4S2YQ ME)\1MUD\'!*PR?$H]!XTW%! M%\"Q;V\C?HNSFBW2F0G)T$"@(52A(Q$''[A<"!6\%41XF9G*7.J4T`G`+!___"0>+E(.E?LHQBH74NCH?.9ZF`.DV=,8VL@^`:?%;Z@QF<-] M+'+HP*CSOZ3?]YZ;C/]ZT.G]4%<#,;O'7;JO+5_HM7]8^:YV]LZ25Y[[ M?=W=\[U*7_8O>2L'T;E:]?'FY3-;%0]/?:YFDIL\I2#$:K)\-'+6-C3BYM3V MT;56JZWUS->42V.OY!F`OZ88]&L&_S.RW&QK%?3ZAM;>V_Q4^R?N+87X72.^ MW7E=B-\[J5]34%&M@9==`\8K6P,-1WQ'(7[7B-=-K==K4DK%-R7U*5^)/4IX MI%;"CE>">6SV^\=MJV;OM;=K8:]S2+ZZJA!+!-'*/%?K_+DD=;5NW]*Z[2:5 M+W_3ZUQE`MQ>P$!^;%>2_`(U)Q;EV<[LVSJ-PN]T7.H_L'>6B8YC>.J=V>^)3_@\_-47?^%Q/7?:3#T?!^/.%/I:=DKZSNI28W*LRQGEENXD M+N3:V';9D/.`2=)$X(XOPP2R.(OZ9(0'A_+KH_PTNY97K55Y9;8S5DEJ#LOC MP996&M21F$RK96V&\[;O9R?R1,,$1.Q^D4Q_%/ M'KBW:9S8@,O[<*7',8,@3O>Y6&MAP&="(?`U+U[TUKF(J$G&$<=@HL"FH)5\ M.C%N)Y^-.UCPXL(:%\D\J\N_;?X`8]5_(#KT'ZJK7"Z]YBO02MSQPO%(RQ"U$N.F]G82X&',-SL!;A;QGA[)6B5ZXIZ`E^^R?)P!A$8A985'H:OSK[ M#LL&X%)JE1WB)@M%+V MVBSPCDUEJ$TN&HK0&XW]ALSY^S$[]?Y`V7IX(#X<",%]::<^.\.PKML@C9'T M@^SCP9%&PC:)["`6]\I8G`XQ0BWQH%?'CL=9$-E\QX)=(*YL8+LOHJFF8%IY MCH]92V^]&,-E7>:+"_KY&.!5T'R2V/-`I":6.;$^IM"FO-%?Z2L;%-.1Z/NQ MYXQ%OEV8C]"_*S,2*`4^]H1C;E*-V`0F1H[E+I)RCL"AI"K M81:S61XZ3`L(XSL[\L(TEOJ;8S8/I`K@?H??`P/9^:^;="'MT\!.DS%0]1]>3+H,$07X0\^^6%MRL@M!7F'2X!8&-\E- M$'@J]8$8BF7$D6K"T$'U$"&,[KG]+>"4&E<&2F)09H2,09$;A3Z+'P`LDQJ0 M;3J=\2:ETS4L%?YGBC%R,*-D2MWQZ$&3N9ZS(%6>I?>%-8%IV4(291C$26F= M;RY_(XB!4L505P0DCZ!C;%:$8D;LD(]&"B`(#79!G?BA6.O\.4A$DILVFODT0 MP5CX4+2;2]4EP#]F9_DH/ML/S.B($8@E,[L:-83]/4AA,$X0)K$,7;4KP M#,F'Q[DTLI&?0+U,B9>U=TS?BTA6D7)YB9"%GL'@P3AH$47J16@BN23-H#?8 M>=K;2+6]26R>!R7>SO"B%.H*$UF$BF*F:00P);`V&73IKSRU@T1&!P.%&C6+ ML9\8Z4S@QA!CT`SQ&/N\M;T`U&$63HUQR"0P%DV'5,LP"[GDB[/@ZRS.MQA2 MB?)B6X3R#XSA@">E+\6R`SH=P8M)*!M;,E(9T1X&DB(PA!DL`9O%8[31*\8N MV`ID*4]!"B84TRW%9;YJ1-BV^)9XCSJ`#&[:_Q2TE7MEL0UKO=@UX=BB,+T= MUVZVJCOUMM;7>]DVKK;//!!8*#^,7N>N7"\Y1S)N5Y%">SY;Z@.I!/YN!R2M MA''30=8N(G76O,#@UGNC_/WQY3C'AEDN65A:Q#H6)GEUJVNQ;!^6D4I[S,=]E4!2FXR0(S*/Z% MC<-[$,"11@GMTXA,!90^'IBY6/^@U!"%7$-7CC?%%M;>3JVP/YK94BW(G+)N M[MINVRI?^UN8`&7%_AZ]5PTH+.=F6:4_X,AU`@P8AS[H@/@,5/=,?K@U!]VU M.GJWUZJEHK:SS9'V:)[QCM7KM7I/)ZV2C&MSJ<:[>LOHF9TR74MZVA!1CR=E MM]K=C1S(&OG_#%?:D:P_[B4 M/F^M16F6"=8I)7S9J^ M&7H?%8S]KKEE>C>3Y;UK]/J]3GL%.A=D4G\>?8_F+NRV.T:WG!]O;?I".XB_ MA+!CNHELE]?D.'R9N]X[\H1CU:XO%S=G[.KLY.S\C\&'3V?[Y@$75Z3)468[ MB=A-"U<,;0BO^321.ZF6J$:5;]AQEPU;2+K)BZT4#I_`M=F'=#3BI3I3TDDE MSH*HC7=M0U2Q.A0TB.T449!=&G531QPNO;-DQ2MOQ!!.**/Q4C;YE-&C&,$+ M>/N7?<%<&$BOWA;T'HF=4_:62_O*;*=;HCHC%/LO&C'DH.T$;PL3G;"+$J<` M&5&B@V'Z`"]@UB38,DIJ[23OEURIPDV'M\;%\91/'@S:Y;;$&T-.1'(?UEQ4 M7/U&WX5P3P%#\9``O7P!K#MV>/`!.T::$RZ#+]&0N4YPKXX.,<%@]'C0N01Y;S*_&OHV MB([NL='^03@P@+T!;C-]Z>>43^87BHG#$\#KV'^8?6&"V:O_DUV[MM&+X84N M40";EU867ZPN,E?TQ=MU5N8[Y'R32Y%,M49R.ALZ!L05!91WGH5CD1FLA38B3.R%98 MG5L*D5.-KTAF.Y[*M%CR-Y"`+N8Z;'##-B"0C_ M7^R,083Z`H_YFLE7$CIU$+SD]YJ1!*;6-HQB3F5Q2B\J5F(F)80[KV:V@(!\ MU>3*0]:IE"$DAF9V+3K7J2QZ0*5N]?#[;/D?L]/ZRIGU]171W7?/_3LN9&0^ M8CJ*6D8S01KY0=096K^OUY'7UXRN6:6OL3#!B>,^YO,L^>(+25D,+>?2`T\6 MIVTH"ZC,$@C`F!/3H5(SS,7C9JD9NBHUPR9A_5I2,VR('Q0:ELRG&*1#TMHUB,EDY1,4C*IZ=/U7HQ6NUH9>'4R MMD'^$\[G>I62P#LF?_U3N6HMX`V3+Z.'MP0>7=?;^N.\KR%B&\2O"1VK99;K M@.Z8]O5P8W5ZO9ZQ->+S>UU;04V_8QGE3,&K$[$-XM=$C=[2+6N%!?M2U*^' MFWZK:W4[&R&^J*:W06ATNP906*&OZ&=#)'R5+7R]SH+RKAT>8*S\X+L7Y[]6 MZUU_)M_"X]3KC:"]>H*[&NT=RVR;+T2])$P&09R$DVF(L>@Q#<+QOKU'BZUG MM+N]KS6GSV(\KV(:7Y`1#<'$FN*VI[Z1J_7?2'JFRT07G`: MFRT0GHJ)07;KZ":LLG_#FXE%=MSB_C=.]!,,G@80O;Y0WA+1,\&HFX3',NMV M,04;)WM=@"S3P2])]KH062(IGD3V)8]*(?,S[XV]*5+Q'+@8Y1$8![_JG>.V ML6``J]"RQ:$\!J&YH72/%]I0NQ[*([":'4K[N+](7CYA)&&0)XX1[6R^BJW> M;YMEBA=UN0'*UI0L9K]G=5^(LC6%1]\R^T^@+.%Q<0`'V'C./0ZCVS'*!07G M6W].[X]RH&T:U0Z4YR_1C=G'UV^#+^?]1GC(V^'+*KL]_^W+^\?QD\.6& M#4Y.+G[_?'I_.1\WPIXUB>\*F6D,NHS4E$^J=(W!T<4V$_)4MQ* M#+_1PB0;O:XF$DV4KKX`YNF"4ET'`R=BP8WHKIJMI\LY4D4*#ZRK:(ING.*;QEXJ>5A:8(>$>1?/'D&SNE&P<3,``HQQ'==9%9T)S(FXK<1IB-([N:4.13 MG+N:0.0/II'GLR[-1`\P'>1W;`R3ONPO3_#&O_/(\6*>I;P)!0W0GR?K=HM4 M+-E@*,N*T99Y3&4V)'P\NX^7?R>N3D`'F,NHVHB\AH69I,3]NR!D/J;OPJ0^ M`1NDF)R2&888@!A5&G"Z-5(,:8VQ/(&(_':3(*,O;_7EKZ/H%`MB[DD-;R&) MA"Z48XM9'8VN@)>XDR<=!9GM:C*)#;:+UX]DXIF,T"C$I#BQ1K?V*!^JRR/, M+"-NID_0IA`7?(H4K06=(:6KHO71U\QV3[,ZO89?3RG#W(NSRJ#^`^/!K7U; MW-\:IB`S9!W?\)YNF!$'\H2?'B75S;/DC=^BN[\,+A]3_4$YHQ,FR27>-CFGVNQ*R&Z/%LDAYV_4&2UV*(0=LB:_XSJ5E[6$ MF,GS0-$-O!.1[$YC5'QY1)67A]P/[X\T)B^G>O`Z%=46ER8]60$;5Z6XKFP' M>2UP<=4+%Q\:K$G\,SNTC^@7H'L:QEZV,-`Z*2VV^>R`O[##H7@SRZ*5U886 MP@Z4L5R-=R'[+0K3J89FSG&M=JA+*"K6]TP*K0,:]<'-Y6_R4U&?&G-TYC6I MJ]6(98K#B4W9D.+$2S!WX0&E+A2_'=#M.+"4@`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`&6''[&]9KGA"LYWG<82-.\G:B?TM:X9.O]PL MQYK,?!]E+^8YV(8<3RCCS%E^&*?HPHT?X'-KE-T M?\K\DX6K&7:2XG?QR\$1D]FKBJ;(P9SU;4??V,<0W]?8^2=XN_3-05%#[ZC& MF?%-INLK)=V?RSTG^(*G472Q1F+I)S$-'GJQ4%+J8]8)&D#H\V+LG*:O7E"QW)% MU9Z-4O,"*5AGJW#89MXNR:)X`0/0JU)6W,(7'J5.4NP5:="'A40OJ_XYS7_$ M<#OMY^HJ<_W+A3##E>S0%8O"$"WE[BMTR2T"A43D1.%RQ[R)!<1O/A.878ZJ']"8V*,B39Z3GT]/'T_`1F\@9KCMD.02:KO_!;:N-<<3*_;B-[ M`E-U,_CM$@]W?Z?M*?Z%FX+ZRC$M45$T"(/W>2[:(2P-PG*IOYQD,DA&9.[< M9GWGN2:1T!P3&+0299O9;"BRG6I^V6LN.C$M,UL+_T2JKI,(K!K81U/X#8(: MG80I1G[`:!.>L2*1#NK3T'7??XR0G_`EPA5;$0$HQ.I5ATGB-)LMG,(4%UAY MC&B)S?%R(9<-64$)K#+8BF%P11IDA?VH"`TZC#Q!I!13I#MAQ#$'2*"&Q2XU M:?W)-]!RSLHCOC.RI,QW8+109D@Z+R#7-YZ7%\X*":?,T)+/E)1+E/KHO\#\ M"3F><[T2\P(,>$`H:AS5H)P&"%)TE&0;)A3F%8DG552YOI7D,DTER^>R7O*C M#[K8U@N-#[:%+)4G+*ZR-\`-N7AIR'T/[#W44WA8]WT:RJ@D;*%<(\B!@Y<'(4O^:N72PY\^G8#LS;]`Z3-3:;AX(O]25AFM%A>N??(\$V>RO-H(K`.0 M04@I/O?P8URONN.9I-0TK$,P1:J%Z;(BQH5O=@MEBK/U\AV7'#S8!I M)"2T%&MUT4XHC0#9J,70]!9YV(O#%9FC&*>YL"-$"<7"FL?`:_B+@DQ%J"2H M04`CX.2WP>"2RN?*5.J3W+><;UTS7U5>P3*=3*4C$=>Q3:4EY087G84E#SPJ M&1$.0LNN5$CL4![?EO9SXL#MEG8DM2\=,1EPXI;\W;4\RTX.ZPB21SJQ+*TI M;SRXQ:&L>*F(BSQ&)9*2QU.$##ETINIZ&%>8^55`"12,:C#J!H*S(@!)G**@ MJQS#;5SI&*9705H)QP$EG*<#$3POECB1?,J>='($R_A$67Q`Q*^(X(`?9SS0 M5+0U.S$O_>0)0RIR105+JK(+&$61XD-'TC8Y*)TO9N+@?#*UO4B$#47LE$8H M8MP^87G)3Y2M6XS_@/Q[J.0U&<1%0J20.]E4B[9QU1Y?0GZO?*,BL4B8I8KC8ESX?EFR)L=H\N$W#+EYR>@6,7N;H9G M:`0[=A0]D$M`[(8.;???:9PI0K0Z*_-6D!.]T+F9*,ZJDYEG:B.BZK->`>('/AH4(1*QW/WWG\7IQ6DKO/IS%FH5^%65\Z M>=2(7U[!*V0[>N-ER"WR#LS@X%9LZZI"Q`NPZT2N#!*T,TL-SX:%[SV/:15; MP*P`;%;A>'9C(,:"&P\,3Q.FL?`8E#6D#`4HU`Y\0+F?E3XBIX<H,0L M[R7(DI=>3]BCHW`6)T]%D[0!&F')"2U7)]DHQ4JM='3,/A0%C[TX/R;7A'?] M3JQ:BM_-W/*X:ZX&PV@4@A9(MV$-4VO.%DYY$.!&I/9@X[`XXH!%AS*W>OW* M%-;^D2R\(FIC#;%`<))XM*Q:TE2DD)*P MO\9P=3MR8_8AA/_`?NSCX/H#[,=N,':&F6GI16 M2UP<;`H_H8BNJFQ2PP`^.X)NC0*VG"S#ROM)JO'9IGF+=IKC=+SWQH3MY!3;$!35Q)J,`&% M=#PO_,1:X99"3S'M+Z7G`&^<"M5347IT9//(0BP%<`H7_A2K>Q:49C@]%B2* MMKWB0I@\-9;:O3AI%0$%F602/J(AW8`D`2?OW67F7_G@:,B3>[3=0T&;QCP\0^[+AW(O(AF.&Y0[STW+-[O!K,]! M,7?F/:@I^2CL5?M[%H*X9,K%<9P,)L]6:O63>QJ>L_2 M.GK3KUP7US;S"$:ZM9<&-JCOA"+"\20*YC'7JACM*JE9839\;PS!B/VVPC\/?,]E74Z=M ML_.RX^:;/]DM-=EO9K);_=<_V35*9+_*[7[);3>-HE3K;+P%AMM.]=KVJEL^ MG8CME;GLMK6.9:Y-3S/*7#9!WKZ6@J<]'4]S%!(4$KI=0VMUK3U%PFJ;K\9H MR0]A^(U<@?;W:KR*B*/#(&RE)'>\(`Z-CF98\S;G[A;$T5N0B$U$@JEK'<-0 M2%!(,"VMUV[O%Q+V?D]Y`UJ2LA,<4DC%$2/U>6OC?3(,.!>'\J4TDDIW[GJ= MZ$9+T_M-LB:5R-R5&=4WP8YJTA9306%74-!ZUKS'OM%`>.;&;'NK!Q' M;U6?7LMD3(R2,8D`[#P*=8'NW,3(]*V/[)('MH\A.,H"N*V>D*P=%;$TJ&Z7 M4D1O:59[\;G?TP:Z-6IK_`=5*-G7M_#:6K>S-^NNQLQ0ZTZM MNWU<=T9':YD]M?#V?^'5;";VRQ-WB2DZ/)$I3YG8.Y8+3=I)OZU3>P4&!88F M@X%N:.\I(&IT9),U8BDS!58CX^_=\#XHI7K"G!A*4^YX/5A]2^LUZ@!?B4BE M+Q48F@(&D8IC3Q%1MZDL]SY[1W[A_*YRCVXI<8^_.J>NY6T3VEG77#5984^] MH^YJ'EV+8 M*-$B:NQ@/D7*22134PG#.DFC(*\0E>7-$DDG,8'OD)=[=GB$%6K$I7V1B^M8 M9(7$!%YY1<\\*27:[YC=$+-9BC>I:)V\A1%C:C.9R*N<#C?+[ZWER>O<+$4^ MIIN2:4EZ__DN?"H',Y=.:=CE83$QEI<0"7C+O*1B0*+H&,\3%D)1/[=GM`#LI!/.86@_9URZHH:]EB1K*B"3%.5$^CF MV>Y*66_S')7%O)6PE@\!6%T:]LCS"UKJ*W;AD$MH$@,0\P+O_7Y\?2P*,67H M*H\ART4XFW12%#V:S:#;;7#6M/,`9N,ARTN,R6ZSM*J8H_SZ=_8E/*9?W[.&.JLG023B;`S`7O5#/@LBNQ1/(_KS171K![+*`A:7 M0X\7_3$(W,M2E8Z+49[>]#KOJX`M/'WMY3G=B^S0E]">`W-[P[\G'_S0^?;K M?_\78W_)>T=H?@F#/-7[N1!H6+`!WKCBH[\>G*:BK,I7'?Z'Z82^WH1?=>.K M*?XZH,S"]"26"-(/J"[#Q/9CS,WWJVFU>J71UO?W;*+T5IDHO?484?V6]0)$ MZ16B]$>(,JS6NC1ATONL?'&ARDXH^?SFIA`(ZUEZB;8EW6Z&P#6GT[#T=K?_ MH@2N.[56WS*?0F`FQ4Y$_?$*38/XZ\6HF,;>(T3T^F:KUS(**F;:?GK'7^5+ M7W/)=.WP`+1*.``UD?\J,PO+EC^31'^$9KUKZ=T=DOQ)Y%9?A^1>M]WIF*UM MTBQ?DN^`=3,-`U0'1+KC?7N/F\.>T>[VON;/!$GDP>X%#=0O/+D876#"%)`K MA#DQL.WQQ.R;[9[5Z36%*:+6/1@+6&$4E&C!F[4X\01`O]<-PS3T5\:()T#B M?:=M@31J("9@>0AENVTL&/V.U3=?R?B?(A7:7;W7:?<;PH$K#ONC4&QQMH[^ MGM4RC"V,_#%;K@N0:_0GS&_7ZK;ZO:W2K(R`9S)E MIT9`NZ-OP0C8*2.>9`1TV^9VC(!GLN+%C`"S91FZ]4K&_Q2IT+%Z9DO?PA[O M21QX#4;`H_Z2KM'KF%OI>(M&0,_"-@M(YYD!/2ZK?8VC(#GLN+EC`#=`#WX2L;_%*D`&JG?Z[0;PH%7 M800\=B;1:8/\Z6]!_NA;-0+T;T`=JZL?ECP]V,_TDV0+MC=!NS%O;&!I"Q M/I75NLG@CU;;-/J+<5G7_5;IW>(*W,=Q/@%N,*6(\P8.=3^4=D-QLA^*?N?@ M6S.V3->[/:/3('JWB>L]'.<3(`A3VFX4!/=._C42)_LA_W8/OO5"5_66:;9Z MB]U$+T[O-H]B]W"<3X%@R]RQ"EXTU#V1?\W$R9[(OTV#[TN8\-)%F/RBRUHR M\%>\G"/OYK#%]^!Z+W`/#IL99A]22BEQS"X'5S=?SJZN_W9^R0:_79V=?3[[ M,\M?6O>#7>:$+O'0]#Z_SW49<7+X+1TR"J')AZ]Z.F2T>UDK7 MQFRZDOLEO!.WP?ITJ1'^I5N3"3PN+I3R:$(W6F=N@<%3^:MF"]\UX-\P8GA5 MRL>[=7'H$^+8%)`>B>N?\-8TC>+4#NC:E[CW&L22>/QS8O^;KI-F?X=I$B=V MX.+]-5P"L;B0=LWA/;>XHIBU5B:Q8`QR0-P=A0]GW\?>T$N8=:S7O?6/%/[@ MD?_`KB@C$,/+CB$P06^]_X=L)1^Y;@BN-?@JZ.SUO9PK6C8Q(;,#`1!B5H$0 MND+:T9C>[YM:<-7;O)6,O8)T6<^V'6-ZU M1+I@7A+\+D/TR(O@BU'J^]"5#URW\]Z!$ACY?7;U&^^]XEL1][DM[H;CUW$Z MC)W($W:\07;COC^>9I#1)E&MZ5O1][\%2;S6-`JA!PQ>68L;&QC M:GI`R!V*FRK_ZG&$4T$K$'4UXW_BY5T@!?D!ZX*N\TZT,OVQ-YGZ7-Z*1_F$ MV0@P#0(\/:`B6M#U1>2!6(&FI&JOHI4HP<%>B49.;-^AYJ&U4X!=^>D-"S=6 MF_*F)MG&VB40-BTZ<:8NH]#AW!6+/90\19SEZ[Z`6#[70M&(Q1S_S`[MHT5" M3*N?>9AZL=B])3/Z"SL<'N%#@;9*\P'`+8[MZ`$?E@NI'L(V?/-G*J].`P>X M+`=>4&@SW3QNKXS/A4-8BD,2?R*GB+BC+^R%TA/`(Q)!LB>8&*G3JE(`S9RY M12=NRC\L>R&;>T8E7Z%W6&:`E33FO]#KATZ)_?.L1V&'C\FYD9NCT@.PPK5, MJ$=\8GMT2[_2\V)AW&"3XR*8-1UF;#Y0(:F?$)]MRDOI>$D^HYC"/,%T),(P MC`N,S+-XNP3WP8$+Y/OA`A\A=WAYBR-68R&D`0$93C(FA>VQ:*& M2"3('DD2S$P]9B(AVP068YPVK52RIBHG07V(B M/$;.C)6ZT"Y`+LP8!/9">V!!7RO;`_$KLP=@$_G=X=-\-=-N$?4+=XOL/+/, M0IT#,H$2?GF*_`(@-A9S/4DSE6*4T(J-(:IUMAWKC$^JJ51<9! M*.*W)E,>Q`*05"P-UX=/.:%B4L,RRUEL^[E;P0ONN"B_C"L1LZE@&BO`EB^G M"Y/SA9.)%PLQYL#R@2%&'OI,QL`K`;&0$G0-H_`;:FU49='DQ_@])I9+QM0A MJ/O(!NJD;07]AOX=SBF2;4>@R+.UC*-C;"'[F/O M.P[1*;$/'=<19IF"!26S!X#QFR=.JW=F,/'\3RIH7`W`7?L*7(_\N@U*:`6F-7'[!J8AB<4K".\ MCW(\I>1M#5[N9[E;]>]IP)E>7K4K;6$.O2-<9\&MV,60:>!E$W=0/N/)?-@' MF>L+EAG\3&VB!V_6+Q@+V7OHS?10;K)DOY!TSV>[#A`_8MI-M$&`LI7L?^R^ M:OPL4&29N9"MXV>9F66VUZFUF@Z.V0>9!A5^C$OB&FRUD%:Y[0+.8XZI*&G& MQ887\V'GF[9Y_5?>(,M-)UA@S>["A"\B8\UD M>RL>'-SX021_#Z!.WX^R2Q$FA5P:!>\,#X,7Y!#$G,SMN,`97;U4C;IY$ MT-9'M69DW3Z,:+U8F;9I=38]*%$Y]CP`@%+NX&=<^VY;G7*,^4S+3^_W,;98 M?;VU>K]"FGX$H7L"&S\A6"Y&M%1)]MZ15M_@XC*[Y9N7J_6_<:+7S7BHF[U> M`ZA>,PVBT:]<.'PNU==@%'RV8<_J)0^PEHHVXHO1>;XUV*0DUHUNMW))9WUJ MMCJ<-6'4:7>,!@]F/719EMGMFIL=SHB3I+;]C[BEV"".^D!JE?65KIY.R+KA M[=UN6[>V0LBZLJ%C]=;AB##M0;F>ANDP&:59Y-AF+S_I54`M['0SY#W#@MH^ M;>O-YY-HPTMW9[3Q@44*CPA?*'=/^11VXQZ1\S*A?@O/ZK-R0>@&@>WJ-@+_ M3L__&'SZQ,Z_7/]^=78*_SVY^'S&+J\N+L^N;L[/KIG!/IU_/K^!W\IQ@<\+ M`=SE@/&#S0+8_?WU(/EN=/N]=ONK:93*!]GX\?KD;V>GOW\Z8^?GYXRB+_ZG M9^CZ+\"A/\ZN;S`DLLREP9=3-C@Y^?WS[Y\&R*O3L\NKLY/SPVZV9_WWMN,O[K`1[EU#&WIM2Y?,/H_+!R^:G\G<6O;.I[U;7J M6G6MNM[OKL7'2G'`D@3>8>W(;1:N10T&JBHH:^2&C*DQ+*LJ_\R71(20Z8O''7V[Y)<=M>4Q>,&"`;P<$M?:L]0585]4D7FQ/2!V8C\S MHSM--A28)4:;E8Y[.::^J+%4NU(WQ+JSP$DG0XH\B-^,3&SXG'RR`U?-13/F MXD/J^>A]W_;VH6[*-]Q%.:I*P:L9\*(0N.UO32F\$[[9.L:NTV',_TR!3]ON M*0G+C0ZZWR2GUCX?`1?X3>;`:'^3NO>?+.GIF`/'3C]#DGW0C>.,D80RWL9FCOII#F\TSKX$*08%& M@4:!9AE)5EO7#+.EP*'`H22*`HT"C0*-4D,*'`H<"AS[`0[3-+1.SU#@4.!0 MMH@"S09(TEL_P?_W>@H="ATU^D8_;N\I,L3'QP+]&W,B,4AOTSBQ-?;;@!T: M-0<[ZE!"*5,E+IL-&D-O:Y;>4>!0X*C9V)N6IG>5H:7`H=2-`LUFU(VI&892 M-PH<"]5-5X%#@6.>I([5U:R6J<"AP%'C]#%`B7(0* M',I05:!1IPX*'>K480%YXN/^7&WPOG%UO-`$S"LUJD"S?B!AR]#:EO+W*'#4 M:=&NJ77[^ZI(%3B4NE&@:19HE+I1X%#J1H%C?9*ZW8YF6I8"AP)'W:EU5^OK MZCJ4`H/6G"_MUIZ&42FE^C.K$06E6)3R;#1K, ME\S+)5S38%#&:H*-.J@08%#'32L?-"P7U<; M5+F&1BT%I5P5:)Z6/]O85Q&JP+%E%Z&EM5OJ1$J!0ZD;!1JE;A0XE+I1X-C1 MH8/1TW0E.10XZDC2>WW-,%0M#P4.9:@JT*A#!P4.=>BP\J%#]G43CQA4M8:F M8%YI406:]>WR;D]K*[M<@:..)*O=ADV;,K$4.)2Z4:!1ZD:!0ZD;!8[=@*-C MFEJWK8Z>%#CJW#UF3[,Z*K&6`H62JRTZ[6AM*T"S?INH8ZEM?HJ]ZD"1YU;R$*?H3+% M=@^.=XW!A-'O:/V^\B/O'A,-%!AZ1P=P*&VBP%$7I=YI::VV2HVCP%%#4M
'&J9F]%3='P6..INCKYS%"AEU)/5^4M<4%#;>PD%"]G43CPV^ MA%$R9GFI9W5=8>?85P<%"C1/2$#0TGJJO*("1^T&K=77C+YR[2AP*'6C0*/4 MC0*'4C<*'#NZKM!I:7I;G4$J<-1&+[2T3E?=95'@4(:J`LU&CI^,GXR^.F90 MZ'@#QPS[=5_ALQTE7L#_H['?!O.#5&<.2K!1=R.JKZNL MC`H_S5 MN?.-81BY/'J?A-.?V?^TZ/^05!:'ON?^4H>6=2P4&DJA]UJ_ M;VEF7T7**E24#DNTOM[5]*ZJ-J)044X-I@J;*4S,Z8]V1]/UGD*%0D5.25MK M&3VMHZP*A8IR^);6[UE:3U=I:14J2D>E6@=0T56)`Y[3TS!`\?$5 M'>F;T^_,#=.ASU_&>_[$_FH>5;Q3O%.\4[Q3O%.\4[Q3O-MY?R_-.W5>ON\D MEW83XJ,-F*N%J4PM0C!MP>XBRS4B&I;?E7<@1KX%J0%OUCSU-[,2G-#W[6D, M;62?8',%M_O?4=MWL[WO/3<:PI6NU?C@H;Y-JMD,8 MJ9`];_V0^T4P?\HF71"'^A$-?95M))&T)3INQE[,IE$XY5'RP.[MF-U'7I+P M`(3-?<"2D'E)S'B<>!,[X2X+>,(B#L3\AZ8)2$PYLQ-VRAT^&?*HF%E3UYC> M[_>.V:*!/HJT-P(%HQE0.(?I'G/V,4RQ7O$_4CM*>,3"$3-:+9A+FTW#*/'" M`+_"!WT[<`DQTS1RQG8,Z!A%X81^NX27`Q[%8V_*A@_TU4F8!@"QDW`R\>(8 MVQF%$4L3S_?@:VQK8GL!(,\.',XXM#?A0:+0\QAZS,:C1V\M0T_$J4EOY`&` M0-[DPFC,?9P5K%Z5C%ZUK*I;9+MI^=_##Y]8N=?KG^_ M.CN%_YY#JYLO9U?7?SN_K&'KXZ/K MO?SHL)DA?K@^^=O9Z>^?SMCY^3FC><';P?HO,.`_SJYO/I]]N2D/>O#EE`U. M3G[__/NG`0[]].SRZNSD?'!S?O%%C'V8#WQ-+G1VR(73LY.SSQ_.KAB::B"F M]6>.90=XS<=R^.&(77$G#!RP)^Q,T1R@*5!XL$LA)CQH&57$P''22>J3 M47O*IZ"%Q&L'/V^)"\W;"=5,2XT"DF^8Q@\K;RFS=Y:\LJGO]ZOK_)&^8N;" ML\L:XV=)2,`BYUFV].9OR(A1_E48U4J=1Z7*"A-2(7:C1]:K M,N]@;DY`#H'`"5`B;T/.S[#V7]R.V%G@Y=@>&]42D$HS;O!NO=WN:U7_K]Y44%A`+1J>E=:U] MQ4*-Y=AD.W'@NAZZ%N*?]\0JW(=;:VI8&Q9/.4J9,X;5((*6G#!.Q+DR_S[E M02R/>UZYUGXZ$=NS93N69G7>^A5T!8DR)+JFUFH;>PJ)&AV^7]Z?4^YSI=5W MO\#?^+`4?)H[K#W;I_QA.S:\B)<PWM.SW?B/S3QZX#S_&[]F7 M$.\6#=+;-$YLC5V?5!=^[7U.I?#5RM_`RC?-AJ7H;;:^5YO#9O'Y+6T.QR$/ MO.\:&_Q?<4/5FTQM+Z*+(9AF@;^G)`NU5[@;J3!>LV3MMS2]4;EK7X=H?:62 M3&F,Y@YK[W<:2W5(=:]1EZY!J8Z751U6MZUU>WNV'7^E:W\/AJ541W.'M6>; MC5,>!.226F>WT58J8^4E=:4);?W.[1: MQ;O@^+>C].W.%W^WV]4LI6\;L?CW8%AJR6WBJ-)02ZXA2ZY.W^YUA:A2GHP: MSF^\^,+3NJMY="W.[7P`KY)?"L*-FY(WP*\:"=SD_4TI'P&'C8Q*UK)36TI5 MUE584(E[FH*%566CDHBJJO3K707-P<*^9^RI,0WW>W/^1DHC[GX$KY-C"L8- MG)0WP;&2)!8?5>G+X#67ON35RI>/5Z*+;1_KCU&)L63L16ZUPIC>*HY]Y5-U MA$5$,*9RHQL4!AY$D;J0O::@)$-"(C5+-2G8$2\X7IW^,=??DKC M][>V/?WYBMO^69P`B@>!6ZHF5"XF=`HJS`_C-.(W_'ORP0^=;[_^]W\Q]I?Y M1FH>!=P%>$!ZQ4=_/3A-(VKRJP[_PY%\O0F_ZL974_QU\"M2*8ED"_=T^L+J MM!N<7FQFF'U(\8-YO*`"+4Z:_/-?[&]GGT[9QXLK=CWX=";+E:;Y?.0MUIS4 M/JT4[881G80)F"LHOS*CNE2:U0L!IY#GPKY_&S';^ M3+V84O&R$9=574-X+6*./?6@#^C7E7)R:GNT8.R`V:,1E8CE6>^P;";PTBT/ M>(1]R=+U=2O@<2;21G_;7!S$2'M6)"HE1@("$.781(K&]9.D,0:NQ][SKB8BS#@(._P3FKIJ>^W?P'QX@ M]#!:&0NG^JH`1R#Z=3G0\XK/V'U^O_]>%+] M!L!FLU/[`39K-CP]\'UVC7M%H-`>D9/G?PS3_(4='N0/'63T9O-1X@T2#;*, M1@FLM>4J`?)C[SLCR==D1)X'#(4ZN^;31(`RF\7/=F#?4OEVQK]S)Z5I!$;# MB(V?[>@;3Q`+@]N(BT+?`=FQ!]^+O32:46"5T&\2Z+4WZI!=J;/PPC$`6E;\*@_<^@A+^`)&7OPZR[@YY&O#;,!%Z,EX\2E@Y M$U@9R(]T&@;28R#7DPE&H?T`*!OA%_C3)QS\19HXT0,;"#KA$2$4+YPDQ"G4 M>YE<`:ILAFJ7RI+``N9)XE._&O-&S(95XSEH!QRS`4)-4@=B&=N#GZ/P.QFR ML)C?=;4N&*DH*S*I7$P.0'\>0J-0T"Q='=2D>X<+!^G12AWB_$!?DS#)1$MI MBYS:4K\-[=>* M7XJ=&XH9V@A?(4(G%WDF;3"8R@002?$L,)*R[OK(B7B<&6>=R7B_^2VUY,8P!\'8;AM^+WY+') MA?FLV>Z5KYO&CSB#8')=+$P#O\!J#1R<0MI6X-3CE@]:F#'4]+:.IMK,=M"% M'PQ3,SM]8).H"PVCQ\,IC;TS.EK'U,L_#%//=\E,PV&CZ58J*.V6?$#P=E\S MP3(LO6P#FAW@.\*;PSKW@#_ONM5G(AXDYA0S([ MO2!&^>1PI'JN7\=!N*"%^D`>3]KN.4Z$BR.K\$-?@C4[UT&V6NSOV?L-7B4E M@^+PX$1^A)W6JELBX52I,1"*8Q<4\C`&? M=S9,7QK37L&%8:%30BSV$1@%WA"^`B0#T+W010=1S.Y)N\(\R2I@`$S^'2`: MYY9-2:%B%P&H4F@KC0C<#JP9L%K(22!U=(8U=N]!TX@W='S2MIK%4Y".(\\1 MZ`J\/X'.B+]/XUQK!`#?6=<<-813'GGD!*65%'%8;ERX"/-3Y!E-E"W(V0;K MM0\LB84Z;RAL/EQM@$M>>&2EZ67[#JH`8EI*\!][<1*"#$#7>[%9/\%,%-Q#,`&^N\SD)590/`0'AQV M*!:%$+Y203ME@72DD<\-79+P_TZ"_+2C"=(6W"9CN:@`P$%L.V4C=@9#^^!H MR1.\FQV=_0VVK!A?`Y;?AXX2PJXN`@/A')8.*N,+_!NLA'GOGM[MDFB1Z[$,/``12%_` M)^$D<^7R">SB8'PNC`">."1#=1+0VCP204_EHYZY'J5PQ^T51X]C;N17'[.L M1<_ETSXWOX<'M;_!N`M8GP?Y+DON[.:/881)"JOU2YC@0B-#*Q^D_!9MKD(G MU,P)Z%WR'I7>!#(/%5BN8!=[?H'BGV;JT'^2Y0LG%G`&^HD[F"1`=2`_&7).E#?8\ M"2"H07Z#$,88`K>\L126QAQ^7"^>I@E?/&T_QHR,7U*$&8CRI0BJWP=:8_;O M-$[(V`5[10`H&S?,N:PX7AUU2=D*\T2Z",0F*0%0HY8)HV]B.?M@3N)#*>R/ M?)IOA(0CZ&3G^-;(=M"J0M>.73I'$.\OA&7F>P1E"WH'!`:/2O2*5Y`)`*!8 M[O)B'LESGSO/EI:ZR:[38GG99M_/UT(..1=Q\4X4>&"+HDSM1;O\LG=B MY9#CM^5HG3E'019GOM>9.DY[I-?KY.(0SY9A":8.6H*CU$<%,`++EG:$@,A[ M>58^:_"7^)#C3!QUPQ*"52LCAJ,O;9;01*BY4M6O0%=+=PS+`5?&)D4^Z!O2C)$OR/G3U\Q]")`;SY@5'H\+9C-D[G*F5D+"9EWO MB[,=DZ")A4=1NO!+7MI5V)R=[LZ^MY3U6CY#Q?!J=DD$QG!9!*:8+,FZI5WF MW"R!]CEHE?3\8^:RRBQ<:5@LGMCH3H!6ILNW`9G)L\2$R2E`#PSB;V9O.+,/ MS`VIX<.271,T?Y5=F/FG+1Q#"S<:^>35W^ZJ8\$C^G/ID!>?`3ZR'($9HOY< M:>Y7F?+J6JKB#BU5/%*M#=DIP;6,R[H19R2M@T(_#E<5G*W^PFFX!'9EL8&K M3R%\P?5DXPD+^S^)5-?;^# MKDMW.);[8P$&/*UG$Q(EC0 M(T2<;]LQ=\3C`'$<(C9.V5*1.YX3?0U0VVFE3/L&3-V.7NK4ZWI M':]I76OW3;6F%2"4X?-8H,5B85F)O=BJ`!W4W'A?($,W,2!]ZP.:O:VO%,*. MU_^AH1F-JM'3['+`KQ<(KT@1--LDGL]#HH3@KH5@5VMWFW1"HH2@$H+/M8;+ MO>]=L;K]+BN](N=V/H"F\&OCF[D=:?6Y6WUO2[,W)_Y'[[6U3L?:4VF^_ZJ] M.4AX=9%@>ZW6][T4Y/@ZNZY1<$XR:UP($O=71VNO; MCZ\,"0H3%4QT.IK1;E((VT[C6%]:05[0U<:WJ!\;&+^B:T9+G7HJ0.Q]0).2 M$]N5$Y0%=$^Q4:G5>5]UKW5;F5E(W<=)MOYP/8,WXISKV^JS1G M^Y498!]B`5[IL!H[P)HUN,D5M^D3G'.5G:DI-J>F]U1V)@6(G*1V:U\W($I2 MJ'.]UQCN\!L/>&2+*NH#=^(%7IS@1:X[I3UWO28Z[;7CRANR*I3NW$;Z6NNM M9_A6P*@'AKZOR%`2C,F$=WGK,W?IW7"W]3ZYC&GBX`I2BW MX76P-.O-5\-0V*C'AJX9IMIL+LJ)\90 MT>UDBM[\Q3M5+*DI4F!?!8`R%Q08E(QX&5@86DO?U[.K_=M7%SG$924%I2-W MC/^^UN^]]<,Z!8CRV:W6,M\Z(!0TZG?5IM9J[ZO'9>.[ZI=6GY]M+TAX@!%/ M2GLV946TP'Q47FF%B)PD2],[;QT0"AH+PB3-[BO2GNOHRD9ZH//]J#>9VEZ$ MJ:L7*-3]<#W?DT?=#>\#Y7K>]5JW^I;6,]ZZ(E"04`YH)2D>BY776J\JI\U> M;:I/^33BCD^MZ>N9]^ M:34YF(11XOU'JK&9TF*<:CMV`^-P(C&X!'[S?8"%@;LVO8Y MIE23M]L\Y5C=N?`_U#7#:-)AXINP!QL(A([65I?#%31J;SKTM$YK7_<,^V0@ MO@$C1CE3E3-5.5/7-:"%-U4X4T^]V($&O2#EKG*I[EPY'EK=GF8UZHK#FS"A MFX.`M@7SKP(1%"1*-UM:6M_85TB\.HO9!,/"#=.ASU_&D'EB?PVRF=\(QQ3O MEMO-XB,6C"B6L^O=X1]_^2F-W]_:]O3G*V[[9W%B)QPM4S^,TXC?@*G\P0^= M;[_^]W\Q]I?Y1__&?7<41C$ZA-&:A>>O^.BO!X/XZ\7HJVY\-?6O1DMO';`T M\,1/O\,'_8"YW/$FM@]"KG7PJVGV^WH=*:7VGTF"_@@)>J_=Z5A/I"&O$UVA MX#05-OU7_2N2T.I_O0ES@EK]QWABM:U:GN2=/8L:O56FYM$9,OIZJ[U%:O0* M-8]-5KO7-YY(S!V/$TS#EV7F&SA..DE]^,TM)^IY#IHMO=NS^@NXM6+_6QW` M8^PU.SVKVWVI`>#^^!G<;K?;EFDN6"DU?6V,L,>X:)D@UJT%.%V#L!O[N[R_ ML$'ITC-:=805?3V/FC6ER[:I64^ZK$T-@?_2AFF\`>D3VPYYP.42^T(UN.Z"98?8AQ0^=8W9S-?AR/3BY.;_X7[S-_;;V9>SJ\$G=CFXNH%/;/#EE)W?7+/!QX_GG\X'-V?7/POC(\VMDKS5 M=5.B=EY@V)=I%*L<%MQ#DN M:G9XY("I9,P%:^_T]M]S#4(Z,`>/P]@:QZ';!J%=YX+]"5C.YDC MQL,.XRDL&2S-1H1'W)L,@?N"G9+CLZ/&!\/1R`/3(L+'!'-I,6;?AW<\&G/; MA1G)[H#!M*33!>.QO]-X:""F9K1A'!_"9$R]YXS%;C*A4Z73CGB58=3J"0PL MG0"]EQ&2=!ZX_#L;0FLNS/V_4Z$'XF-V-AIA=;H[#H"*G'%UQG-6BS8KQ-#O MDO1ZPKS`B3CU.`0D'7>L'X0/&M^<1A[P$6&GL?NQ!QU'J,9C)(H>L'T_O,?- MP](!%4-!.(DY_CP@'$0<9HIK$M!+!C>!93KV'XK136V/2)Y%S#TT%=D>#@CX M_,YH:5;?F.-%UEP]3["-@B_8C*YUVN8Q>XHTTHT%XHC5NEIJMG:/YW_>LK#[ M""B8IM$TA#6"\^2$DVF:9,*C*B?N^JG+I5"@'_!Y(01! M_P6%=./<`'X78KU_]4(B&;<`_D*"QW M'U[GL(YN0N;")XW=7/[&QG:<24>7Z"V`7P94@M=$<:SO0'YU>GV,>FXS_>M"S?LC]Z0@8'AV4/<@E3[%\H:/_L+*7.'NGN_B537W_ MMKJN\?4O]NG7G4\LC^IFU6]-D0^M(/$']S(QQ&[*<-4O`OW,60<"TW MGLG9@A00N.4'4/:N>]JV[BQON7D%H@:`:.TH#@4B!:(9$+7Z.P)1C2[?KX`W MX0^C33;N8)JHP-]"\(IA65K?:M(=8170M'M,Z%J[N[9D4YAXU9AH:3UK7VNB MK+;S;8QNO)IQ%[XMY=C$2U%])0T5,.HR;/2;=)U6`:,YP&COJ\38^YWE17:< M+\ZD`T>5I]_U:M#[6K>G+IPK;-1CHVWLZX5SA8UM8\/J["LV]FS3.7#OO#B, M'BCH`S:>>)5!*TK-O9^\_F)VS&& MB#KA9.+%\=M+UM'`%='63%6[6T%#Z5`%BU7/>W2M]9JJU3998UY5+MS0=:TT M>1^.WD]#YQM/5-7:IBR*MM;;V\SA"AI;AH;153%D"AKUT%@_TKHAT-C[W>B) M'8^9Z\5)Y`U3#"=22G3'R\'46KU]C:)3T-@R-(R]W7,H:&P;&HU*.OM<);K7 M&2;W.U.VXISBW$MSKD8$++&:5U[G>Z97&G29HV]J;4-MV!4F2ICHMC1];ZMH M*TQLQ>QLF5IO;V,S7YWAN>_)IA7O%.\:E>2\`>G*DOF\8C*A&*86>Z=KW;9, M_Z:#*&Y7$\!IE)]P:C]0IJ_Z]&99+KIIY,%8@+PBB MB0;/UH#(K$FJAPD9/WH!)8,_":/I,0OO`TXI]ICO33R$[;3"5,`HCY,BYV[Q MH\PP"S][[N( MZUE6*>OUHBZ>3\ACR;>[K:<0D@YC_F<*,WEVA\OD%2;F'V0$UNY1JG4PI^3(FDS7!>,AS;D_#!%8`)K4>I@\@IV3J;3);6,0>SYE7J8DV?`DIY-MQF,G"N\I-[`=/!QC$G2B*..# MQE!T890TREF@P_&F-$08=>@XF(>6TDT3$UR9B-O06\RU'V*,#BNRW.9<%CQ! M58UI?8_9B>S!"5$S8&)6&!/I?.IFR&?-`+-5&5R6N;<4QUWD_YUYU3#):)`: MV;Z]C?@MY186;5%6V.HHAS)K-=H(]V%UGH=1^`VTEYBH@"=L&(;?T)9.>::_ M!'*T>NC8-2:E)H`*5A#.<5P\3#.(B"&TS-D4(U)=D0>+NO MF<#RTLLV@^D'H>_!I,52'V3HA>>[U:KN5!^'KJ4% M*$O'(/US%#A.EGOX069"=_/)BDRNVPS MD3S;8/U2Q2T!H*B05R/;BV1+HB)`&&1;!,>>>BB4_B/+^=B^@^N%F):2`!Q[ MF$L(=C_^[,,1I;H^3&7&_Q)_00X0-O$IN8W):18%*2C%?WEK@V5PT%)C?P"= M@H`CL;,4`"_I!Y`79$\+:01(Q2C?2(@60%+,O@'SD8+W?GZ9!H5XG*(P+3,F M"L.1AHKQ&S[EAZ*Z`\AK3%MM!QPA2"LWJH+,G[^D(\1M+<^E91_`3,6QV$+? MUU6H('C$/$E@Z1^*12'4KY1F3EDE'6F4VQXXC=4]G`3Y:6/A$)\'M[#W%N\G MA<5?E?WY?#Q12+R4>4I&VB>Y:\LVRJ]TRJD'$N-[=K[AH7;G6J.Z(;^SN/+X6V M.<$4K$$R"-POHA=E8+-T[UFN2[=L(Q^(^A>K[!7URI7 M>'P:V?_D>!3'W0'60+GE4@"4I`5V'%^D"9C5@2N4PI/Q8I8'H!_\:G6,7NO8 M+,:P-C5;',QC(-JOP3R"K&T-YO^]?_\Q#!.P2CB[%I5RWK^'G_[RT_=AY,.' M_P]02P,$%`````@`BW*00`&CF/JM"P``N*P``!X`'`!C:6LP,#`P.#(U-S@X M+3(P,3$Q,C,Q7V-A;"YX;6Q55`D``^5BC$_E8HQ/=7@+``$$)0X```0Y`0`` MY5U;4^,X%G[?JOT/WLQSR`VZ@8*="M#,I`HZ%-!;\]8E;)FHVI&RDI/`_OJ5 M?,G-EBW9R5AV^J5#HG.L<[Y/]Z/CJ]\_IIZU@)0A@J];O9-NRX+8)@["[]>M M.6L#9B/4^OW?__S'U;_:[;]NGA\LA]CS*<2^95,(?.A82^1/K%M*&',1A=;; MI_6,%M"W7HCK+P'_)M)OG9WT3GJG9R==:^+[L\M.9[EC MI]T`QK5SN>"Q_9/>ZI?;Z,D$7UJGG=Z@T^_V^E;OLGMZV1M83X^K@H_<$A?E MEO00_O7&GV9Q;V!VW=JHWL<;]4X(?>>"W4$G+M@*2UY^,+15>CF(R_8Z?ST^ MO-@3.`5MA)D/L+V6$FK2Y'H7%Q>=X%=>E*%+%L@_$!OX`3ZY];*D)<1?[;A8 M6WS5[O7;@][)!W-:W`>6=46)!Y^A:P45N/0_9_"ZQ=!TYHF*!]]-*'2O6S;Z MU>7_SOMG7\_/N:I>K] MC)(9I#Z"3&`OX.FUNU_:@VY'R'1D"CO[K_+J`QN[(]X&IG`?]4[3>H#*WQ+L M0,S;2_)Y0\^'%',&+?9BD.J3#HS0+6"3>X\L]T(NB>+(!!MX]MP+FN`#KW!4 M;:%A?WS>=`_\\"'WL;/Z%OGB4;Q/Z7:MMK52P3]'6JQ(35!?7F./V%L:/=&# M$+KM\:CJ03?A`O86]!6\RW\'8!;4NP,]G\7?M$-+>E&7\5OT]<\A8QL&>.`- M>L'`L?5CIX**/4/@?6/"5R.\@,P7'GL*P?G\#GU)C7.D?GX9G'ZYN.A==,\& MO=[@[.OI^89U&T09TFU#`;7C)_*/">YL]]51B0Z;3Z>!MC;BB,?R+B73I(NC MAY%RIA#J0,KG`2UKSG@-R4P\'7@M:PG1^\0/?IE11"CR/Z];_6J0?0#8D<`G M?C(/HR)()/&4VJ8'VJ`:T-:6W\R1)^:70^S$'T=3WFTNPAY8@JRR?%/A+^>` MB"-]HQMVEJ.&-E]U".2@_?9S[$\@#8>]Y#B>5=0\A).#MW;]:]&PQ9Q:TE+%3^8`H^W^9'N3&G3@ M85JY_8@*_@D]9X1'?)4QQ MYQ.&9$NAK3*-P%;=LMS!S@00^>A-YGS"Q^>!@1N>H0W1`KQY4/CB=DXI'^IE M*W,5V4:!7MSBB`RG1I-A/X"`(?R>WVQW2C<*6QT;(XC/C>Z,=GQ0ZY8)2,*H#[F M=;@%,^0+3Z%XH-$?I&'OA03>.H)JCJ+<%K MAO+^;.R.7;Z(X@NG8!&5J>*E)F*NOV649U`M`J[BP^XG\"GV8KGQ_!LZA\Z& M==&1-__M.\&V4K2`KCJC&:$9-[`7VVNQW7`WAZ_D&09AH:)#T^.*HG03J%'& MU%IT(R^0F\`K$(5*Q1Z2'7_(BC&TT[3KQIL>E=T?[B;NC M:U76V+4B957$3\2[+@^$R589.V6JN<`6/_^>4_$.,9M@'W$J.6..'%AO*_+. M8^B'VP2B_Q`SA!GAT.+W;UQ`.GCN3;]YK345X>V[;8>TO1:3[FT7W(;V<[O6 M#E#B39I@[0FA;%0M)M5\&D%",_![:.>WCYG(J"`-&Y.4-P_7@K`E\=>SN1;' M-.O;EZ%!(^Q#"A,7KO**FP>Z'E9I;5W#T@/WY!`DFW20I#U+2F^9W[_HU1?R(H;68I_D/\";AQ!X'EF*ZPCB,.$9 M,D@70<`S64`J/R!1%6\>$TI97HO=E''LGL@Q,@XDRID']MZF;FJV:H;4531G M&R\Q=.)D&8\`@_APL';KF'B?::6;;^ MZ.F;5XN8I\T,-]F7)E-*UA]57>-JD=L@BJ<1I^W.%&$1=Q5$865OE>1(-0?K M(H8>.(V!LD*JMZ%$MDT(`MW$^Z@K,(\/^]ZV*.>'`JRJ-#0[.:T_A(&JSH'FPED1#ON>18W0M8D6V MPB>>(!W/??&"$9$(>N>6RP3-?F!IAL<">LP,C2GA@_TH-Z\!%>:(7AA.8>?4 MHJ'IQ*7MC8/E'W,4;#R0FPJ&'OR=,<"J;^#91#8C+KB_$Q>\4K\9(4SB"&%K M\Q%5CWWF1@MO56$87A>%SBO9N2>J8H!D M&P2\BF4UZ),E;Q!3ZH)/FN5-$O?CXBHC#$:5B M*78'P_\EK-9345&K%;5[HF2!.$0WGS_X^#?"]P@#;(M7[=A\O,NZ!J^NP+RV M6P3AG:9=QO9:=.N96<@VTX(,IT4S,B:UF$>5DE!+#[)+>:06!,I,/Z),($TM M1T"@?7BD%N'F$L^%MR=*#%$I"LRCS8&&*%7;:T&0)_`93!GO"8W2J@?AF+=D M.D5!R(&((7F%O*'Y"N];+*C-/.J4A#XEAF./GLD=NHS(+,I]9T/H1)O`G@?M M\`AU)^.[/)I'1?H8F%/"$Z:D)%U?VQ!6I"4_&[HN\A!?P.9%5ZLK:C`W]NR4 M`]^H4J;)YJ5.A;?\Z@EO67YZ^K6Q="CDB-PX7^/&E!<^G7L$?I!?2S!`"#N;(8$*X:XR4?-(41+4)$L*NZ$6NW.[[62$5=)^RL,Y"B@[`@[MT3&U MV)%)VBMY8:4RD23R1\D='5]HIF6O+$70KHWQ%>OXI<6;B2F529.EY"B9H^V0 M6B2C2&DAR?S$ZCU-4O8HN:+JAP.ODS0V7L+L2L/9S$,BP&:$'3C%R$7A"PM> MZ9S_F/I2J.**&LR,/3LE]VZG$0.1=I!E@PF@;J_>!4]C1HEX#AZ/AD7FI1DZ MCH`:Y?V1>[G4B&ZABDQHS61,*5?D7DHU@BS)1K'S"@7UWF57\`@(4M`)\69; MMV9CT!.%,X"<[#P2>6)'20L%%\2D.%B4B<;B1+84YTOPX`"#<>8#@4,CW$W^]`N<(T(J+LG M]([,WWQW'@?V9L0"2$6.@`+:YL=$,'MG\P^`L%AUC_$=8L'L)PB;RTQJDRES M!%30MS_F@GP+L_IIPM:.O7RCHJRZ!O/C(*Z)J:.8LLZ898?:V]!RY1I,EW(^ MB'FANR6:=G/WJB,J]<:?S?_X/U!+`P04````"`"+`L``00E#@``!#D!``#=6EMOXC@8?5]I_X,W\[!/(3&7MJ"RHPY=K2K1 M[8CN2/-6F<0!:Q([LIU"__W:P0F$)A`Z7*+A*3C?Y9SO./87P^WG912"5\P% M871HP99K`4P]YA,Z&UJ)L)'P"+$^__7[;[=_V/;W+Y,Q\)F71)A*X'&,)/;! M@L@Y&'$F1$`X!M,W,"&O6()G%L@%4B,F/NBU8`MV>RT7S*6,!XZS6"Q:7-L* M8]KR6&3;)ML7)%1TY9>F;;=@?F=D,C,Z`%T'=IRV"]L`#MSN`';`U\?<\%$Q M"RY#0'U.5#:AJ4#&T-N`MISQL,3Y3CF['R0RME>5@*4C!>M');*'S_7'\ M[,UQA&Q"A4346WOI,&5^L-_O.^G=W%2E]V5NNXFFYZQN*E-!!B)--68>DJF4 M>RF`2@O]S<[,;#UDP[;=@:VE\"U5+@!N.0OQ!`<@Q3J0;S$>6H)$<:@YIF-S MCH.AY9$?KOKMT9J]0& M@+8ZU6.[21LO):8^]O-1(G5BM6JY+K!!'F?S6H"G`&11_P19W)2-XA,RKY`B MU*LJXZ6E30L4(#%-JZ1VS!E"<4K+P:$4V8B](@K-,OK)#+_DD/Y#T[5X(9KB M,-U_2XV<"P`UU3*E&K$H9E17\FY)1`7LW2XYB?7LN>-%.FJN9:'-M/O@JLFX MC[EJ;[)H`6=1=7D-!%:722(4+A9K!NL]I1GJW)NU^"!][@L+^-$5>K]3[):G MSLRK(U9&Z]>4Z^6JT[WJ]V'?[75@MWM]W;TYAX+9_GE."4NI_I2J.]I4=YU*H6+C\#%UBK-1ZU.;5LP)XT2^ MI3G/+\2DF4TZ!J.FDI/P5,08$[H M;,2$K*7>08'.*F3GR$(>Q/0"FDZP:O+-*40-Y\6*N+]YKZ#0!"$,H&]4Q-A+#RIW=H`[[!O2J^^<6@51 MJJG\2L(TNBO_>;&.WXD?1[]_L%J[46@6\=)M:+=I$]KRO9-P4Z)R&@V08DPB M(K%?1XIRTR:TW0=)44ZC`5+DS_N84/R@+O=N^AN&)Y(A/4:NN4R]@UVZRYL^ M8*O>J_/N@:?Z9KR4?X>IZ=`2>*8OUO=#)K`_M"1/+GO.NGW677X6M/U#UH6? MDEI"O8/>M/9X"^"=Y[&$RL([D_.^3_`%!?_@=02P,$%`````@`BW*00)HRD8.>*``` M43@"`!X`'`!C:6LP,#`P.#(U-S@X+3(P,3$Q,C,Q7VQA8BYX;6Q55`D``^5B MC$_E8HQ/=7@+``$$)0X```0Y`0``Y5WK<]PVDO]^5?<_X'P?UJZ2;,M.'))3)W%]_\5?_OR? M__'C?YV>_NWCZ@IYD7O8X3!%;HR=%'OHT4_OT7D<)'_$7(1]^^/GM]]LVWK]^B^S3=?WCSYO'Q\75,:1-!^MJ-=J>GXFD?G81( M)WSLL>]>G^6_G(LG1^$'],V;L_=OWKT]>X?./KS]YL/9>W3S.2?\3)!L_5;* MP`]_OR5/0V0TPN2G%P7UGF[CX'44WQ'&M^_?9(0O..6'I\0O43^^SVC/WOSM M\]7:O<<[Y]0/D]0)W2,7%2/C._OAAQ_>L%\):>)_2!C_5>0Z*7L_K7HA)07] MK].,[)3^Z?3LW>G[L]=/B?>"C`%"/\91@%=XBY@"']+G/?[I1>+O]@%5G/WM M/L9;N19!'+^A_&]"?$=?#7W"#_0)9]_1)_RW^/.5./RX3X-N)EP M]FT<[;II*/2)NG#_([@-JAA+`&.<1(?8Q28O/8NW[$F]7P%7D<0A(H+&>!R> M?EF_^'/&BIS00YP9%;C1;QG___[(#7U8C*5W-QJVF2DV'0_3CS/T+]4P(_[\ MCS5YO9@JN7%NCY%,C(2*:%IG:E:5.HR<8A2GD!E,T^-K1I$3H=\8F0WOGGPC M\(+\,VD#5B`$MH&:RE([R*G@;*&B0I,]4%+$:'L;18+=UW?1PQL/^]P>R#^J M9D#^E$>W#1%;05+_>=I7KE*/ONCJ;Y.]7OF#U9&?TDSU+F?DB1Y]ZF7@W$GT MKOP^_=N4*IB]SM*/D[Y/R9-K+S2G091H:N^\P;$?D>F'=T%B18-%5NC@_%6J M<-5Q2T0@'BS10.W*G)C,XSQ$R:>V@4L_<9W@[]B)+\E?JE_J1DHX.U`H7;6$ M"AF(+4AU4%L#)T>4'C$&&'O@1JEG$25::)N0*"ZWB@(AH%W4M&BU#!$N)K4- MOL9GTEM"F=F8,*KI)[:%9B9I)"/+2A&'J.20WRTL_P/$Y>>Q=%*L#0X4* M*BQ(E2T'A1()0$B0/%\5$!@IRF@G_B)$NUT4KM/(_7U][Y!A6!Y2NBU(MUK5 MX:Z1">Q;H0&E\N%HX(#XBK2JH_RD,$[$6$\09T8%[HEMB@>U%=Y'<4J>3I.8 MTA5(,SF8'36J7[$@*2V$[30HHK0:\?')F1#GFM9:?HF"0Y@Z,8^8:C.IT4'9 MAT+ALF%4B``L0JJ!RA1R8OXQFM@$?L5!\-
@S7V$FB$'N+)#G@6`E-20]E M$BT`RJ:A(`8PD49-5*9"F4Y_IUPH8T.<;UJCN3G$R)&:<&V]')[Z8=.Z/I. MW^(D52(8=Y"K6C3\,L7D)BY[?'U?F!&!&[&>KNOU?+.&,\XKLE)5Z,]_@C'$ MHEI%\Z-_G]SHC@^MO3[Z$XQU&2HUG44MP@>TF"B2T]0!>C3`;SCK6[)I*0EP4*MAX)NP$%<2AHKQAW5AZ3FED MZ$5D7@,R.]SV&JN6/ZU<]KEC`8RNZQ$6J]PLU\?P&Q[R"_*/./:< MP;@)-^BLR.%H*?[XZ0-^ MQH&W"&G5XR[TMS[O'K")#TGS">XV5LBSVWJPZJ>VF_F`SVOK*%>SH,T]1LXN M.I!O5;1%+A'!5O3L'_B/@__@!'0QC^Z)8-J+PT'IO1][IWOB7L\HI9(Q1OM# MG!QH:70:D=\Q(C:]2ZA`)T3.78SY4]\EXGERG7;RPKT=@-$@0P7Q,=?3,5H,H=9Y$)&1<@$L] MUZ4A.IF%WI)&MQ5V,0G-)'(F9&$JIO>J)8`>+]!2T`18:6FHPSC]4E%?*UDF MCO&R[R_C1@5VEC#)UY5`B\D>Z%8X@Q8Q:/&1UX94(_VX;:,X<93=4A2TT&E% MB>+R9&*!$#"%6-.B,7%(J4\)^2FEA[%Y$]7S[P:;]!!:1(G%).<]X"3G`F\Q M<4YOQ2K-BTZK0-W$`&/Q[1"*9J^FGMSVVU2I'SD6#&C%:_S+GP`8+^@.@F5! MC\$>S@=N8KQW?+*"20ZQZ)XH0UHG@[%WE;I%*Z_23&[;<@4D<9&1H9P.QH@- MM?55VDX?M\^C)$VNL)/XX5U[T*Y1PT9LA?*R<%TA!8O54CW4,8Z1GR#!8$&8 M-M3?O7?B._I]":'V9(<;>/"J(SK92X[?2+6[R@AA/%6M0`^'U=[%8MD* MOA5>]\=F4LA=*KG:]5VI,AWP+I1,&>FN4W+8T1TBNG_C.G'\S(I)=R(%EF0_ MW8HS.`D]@X,\FA6@VTI!(/)(?#<):JM'"RS/Y8DS)9.7/75Y.U16:7RABYQ4 M"4GQ(V09DS0YS7X!*E1JK$R"^6PT*L:M#=K.KGSGU@]\6M$W"SW6D.,^"CSR M(9__:<_5F6D6/V4TY&=]ZEG3.`E>WU1+68? M%U>+S6*^1K/K"W0S6VVNYZOUG]#Y[&:QF5W![V+>.,]T^D?0D;_$!^P5(&>E MBJ%W3:Q::V/37!SL7F=7^++M3U-98#NBW115;Y(*>:W@V9V-\X0ST`:AJIT-)B3IPBF&GC:>R4.,GD+U>2=E MRPP.)EYTU+Q4G[0?$T!;&!ABZ,%]^N*`-]$*LS-P-TYL.`O1Y@;:A3$#5]J5 MT6.=?I?&1*_ZYL&!51L+?B0$`.W7#('D$PXQ;4M,!9!_B13Q=T`9XC%>#GB$ M6&.B-EEZB;+1;$)2;;?;3@[4HZI%_5)?*@7M]+VH&A6I7[@DR+/JXGS66.O+ M.XUK=U7?X_2`F;!CK<\##@^J.ID:%7196$E9>2T8(P$L`"L\OZGJBY'!'>'K MIN\);7].MW!$TS3(HWU=$7S$=WX8C@W"H-BN2?TO(7;B4%38D<^_'[I1_5J* MB3[Z'0<<^+->2"RTYV(MR-RW).;Q?6G^?5YMG=TOOS\>;'Y/+_>K/FR,D'?,WR0)S;%.CIN.>GT1=Y->M1SDX+Z3TC0@^^G&NI?W2[]D%G^V0GZAAG_ MV5M`ZQ?9GAP4;][E/]!:O`6;`BJ&08<1QB?T(17=HYUK MG!?-R31_O):1;=[3&5,!0U2<$%O]O-O#[2X437%,A%@F1\I M(6KY4XW;'K]2J&;F7ZQ-14D*5%?'WC@+J%C;`F\\5+WCQRB8X.*)F%SP.@;- ML:CPV!$UI$":`D6)`3PV2+31"0=BKBKX8'(57:#P[,6=`+3/`;F<&3*W1E:? M?`NP#J:UF%:+%RH?9P"LG*G38`3(X6EK)S*=)5\^G*0)BHZW-2(G11?8Q;M;'*/W9+U(?8,M&HF`K9QGPE,60,_'7[P1G[Z2DJZ MKG$7+'&SDW;TX%0F@1^=!6N0]S7CTVZ9-P!(MPPRY""C#*0K`PGWC=?.1>DP MVO%UU\M%M7.!?]>U\S:2C[HMN:C.F"S+12EQZ.:B3`18YD=:N2A];GO\2C>? MT>A?]N2B>N.T,!T#1V30)ZTW%Y&\0['E7S!!6N9G(JI0^/C).0EF4^I@[7TZ#7M1+(]99MV"U)M79)B]DR M:6S=BFAD`)\:ZN3O6U.H4&63YE#X5D3UPV#!5D0%A5Z9D"4%8AJ%8=`%8;J% M8'`G&O04_CB[FEV?SR$/+L`KVAH9]%3DL<"B&-#65$49!]O8P`\%-,(Q:>-C M7?L>H[8]X,<+3"!DG\HR$*O'[_R7TTV1YW/;L,H>HR[!PRJD"JCT%K0JP M:THJUTYCBEI9ZY_(=\/AK)?O!:SII0V[]JM1E=0P%MFB?-'V%*236UFC'O6C MSAE=@I9;Q'G5=2+36DB&MI/&2044^Z,XN-AB4%T$P=A:=\A%,S27 M,KF%=E6QWLLU$X2XI!-AP"@7QMN1X^R0*_CQE^&@W\Q7,WI`#*WFO\ROO\R[ M71)LL.5!SS5+ZPB:"&$W*NHJR_8@CE3@VPM55:0[!REOT9I?$UHZ90+@,X0L.K&!NYX?^[K#COQ!!XEPXX7#I(^XP M>U22_<(;X'G_/"3BK"6[8XD8K7]W3UZ/'PIZN-V'UN'D)")JP.;+=745KYGW M%?H6\.R;?BCK'0OM_R+W^Q);_`4>ZLMK^^>VE]--D][H#6:SW,RN4'WF8$$, MF8O^J;J3^3H]<(10`9`&A"HQG/_+-6EP]XS!GIFT)H3YWV[FU^N.T^2!K/TQ MQ%[6+O2S$Y(9%?5`43+[!OKI+;]5F;KQ4Q:4MWD],D&4M??` MD:4,[_T]VAU!;#'Q9E6;RH'7D`EA9NN@2USKGM-""[N2E"HN6TR6",'7DQ)M MI$M*9@/BGD6R:`MXO8VH+G.C(,!N5H%#UY$:/L9^FF#YO2V\? M.H29#KA-#!Y-J]&I*:U4%Y-5!<16+M"F!&U@)&T) M5"Q0C0F:]5&V)F#W7Y3XLG40:!N/'FB<$A]HAX7!W\D4=UC.O`<_B>+GCY$3 M>_3C2E!D"]'&;W(S(^0D5P=2?<;;Q`4\_6U7K7[SC6!!C(=/AZBA9=?[0,T] M^T.A3&A&"[1&O:E(;V(ZPIL!+&B.HRU.$F*-3B!9UJK)@$J:%>J6:IHK--,7 M-4L5D%V]DY,!K+;Z:)O@^,%W(>WV.)_>.$_-\U(Y*?0RJZZV?)UUI`-<:%65 M:%QI$6+8"::!WC=$%K/H?>$>+$B[OL#[&+N^;'X@)X&Z*Z.N9OFBC./O`+=D M5!\NN3_@2`)USX&1DN`7',QV49SZ_Q)G(A=D"AO>T81F\Z7:+4Q`EZ=J02E= MD=K(,?U%J!KJU.>@!2::_#ZRH3'O\VZ]Y[0O%J!+2T=Y!>!>7MN7UMV_MJ:$ M0:MT`;YD0;M4`;A:IT7?:E%.5J<`9\'749A7B?(B(P&AI3A'@P_&PK4!%2V^ ME6ER#]#4J&9A1;ZL3.^E8'T%7L?3%=5R\_-\A1;7Y\O/M<.W4QYN>L"\_)GK MOA!GKQ1@U>10QYN:U2^?;Y+3`AQP:E)$LAN8D0OCI[6JG`/&X@WU7Z;W.,X/ M]?5HEZ>]N4'W_U?8Q?X#O1$Z4T_C[$JDE![6UT17+DR?W9@H,")C^@[H*-;4YJJ(@,Z"%"-*S[`+-:"!)EIBL.ZA)A1(LR>!%B7 MQ!=,(#"%(++#EN2ZJ+Y749)<$FOB=Q@?"`Z1Z58WR-=AA&SOHP.IWNFGB0NH MZ4^[2I+L&'<+ROJ*G]LYN0]T#3C_\O`Z&Q3AE[**I0$\0O'ZPCGG#ADMW,1&&K M9JAE&J`%BDS1TJ*D2##]0J3^]/KB`Z>H'#MMBHAF"(#62CHZSC>*==%4<:3? M2`+Y_HQ?JH&]352YE4,'91.W!?&B'9PRDJA986-,FUXZT2<304-/]>8<"X*0 M.<3<]4_1I_DU^=I>H9O9:D/^99^755H_&PY(C=LN+U.`T_&R"JLU7B;5R]3+ MJKVZ[?(R38@%+[M:?%YLR"Q>>!E@LB2[^?0&QQ48]_Z>=E)O*54UX(=Q-6.` M16?39I[X$T1$H4+;_)K3T6Y75/()^N@DO@M>[]IW",BRLN:(/R]N MB)-NYJOY>L-P$OQ1B+[Y[N3=]V]?OY??"`#8"*\]?TM&I_!2Y0/5.3FL)]R& M+&??H3';M="1;.'.AK[:G7<_C,.,#7G.HC3:&^KL.EB0&>L2@#G(L2!9TC2+&0F`3"#ULN/_*QH+L M0A_\>9X!M:UP+-B-@`$Z7;3Z%=,[7+`W>R!A^@[+`6K<.MA!#DRTZ@RX&*V, MA4P>K3IJ6#/B3`X2@I2Q*2E&L#$#E>:=OD,-@-8=B]-$X*$@+2:#I+&K.BFH MZ>)J?EO+EEBLT:S>M-V2<)VQ2R;42 M*IU'NWT44HUG3[ZR864C"U#S2@T8I4:6#?33-[5L549M6B>97>56=>0G!D8D M6&A<%]'.\54]^-J8[#*P,A0=$^,BA?"&U M]!OGF=B;IT0RDB>?.\G]!;UI@!;PTK2UD4WP[!9P31ZN8+7&TQOU:S(U MES`BK\@)[OB=L5!&5.*T+!!,@6S8P)!-2,+CD]E&UG*[Q;$?WK%[^'1BA)$@ MT'#1`;(D,$.P:RPZZ6N&VPVH^>7HLSR:[+FUK4YJU-*<_FCE!$V4ZH"39LB8VJ)19 MNT[*&Y6/N7[!?%*>E$)U#^N.K#ZQ!DT`6HR@K6YD?.N:XK[#V@I->GQ!T?VZ MGRC814\7V+)ECXD<\(6/N;)R]ROE3]`>QR@0=2+[0IU(5DL!MP(:"F\Y$T'K M]V1U,3#=Q^UXQU:47E"]+X/H,=$ONI"P@)=;*&$H"BUJ])`E%@IE6HHKF,4Q M-BNJ*LARGVIT$T]C\]?$NPMPOSJEYF;^@]^ZN,V2^LB"*RLNR/D2EVW MH12(PNY.*DHKNYG=9J+0[3-Z2:61J/@*Y0+14>+8AU3UVIH,`_]\MOX975XM M?UWSDQG'FXYFYYO%+XO-8KX&/(HZ\_YYX)=Q)+2S$_4`/\"E8N]--(R3C_,H MH`L`1QRVTK6!(SQG^LL&1P,AN28[?Q3M0)$_K+AU+LZ:D9^_OK`$-Y1Q/I3' M8A#Z=_I?;+.8G=T[]AMVCL-V:L=EN.3?`6:=N4.O>(^B8JCU6.$OSVV#I;I4 M5\4'>MENLU(M]]OFS*S1(/P-GQ,``VYV/Q!"!LMI>%\3;E;0N$GOJ+^,XHOH M<)MN#UG.4KE+T<@"M#VA`:.T+]%`/_V&1*LR]5QQQH*V48PRIBQA#)6\[XLC MC,)3-PH"3+ZEM&EFS#[&U%DB=FO0\=(LP/OFV;W#B]W>\6,Z63B_=^([Y45! M*F*@67RCZJ5YN)1R^IET@QKU"1PE1D=J),B!;NDV49VX`9E(IL_(/VI/KS[! MIU[T"+63-3XX?TC7/,KSPDWV4^'3RL-SRJ]`50]#" M`Q.)M(`4`U(CP^1Q24.;FG51GFPM3KYW!49:',A9H0H'NN"A&8:`\*"7=P[- M(!`<'F-V`G:9TPB`=&-O+S@3XFB+P&.9V105!-E>XFR_#WS:?W01>G@7^EN? M%VIMX@/YD<\.&[F(B<_6/&P!0:GB[+H&Q'M$0)49##`X^3W'0@8=B,9!F/K[ M,1YBIPVQ,P;B]HFE?8@G;;L88R?!%YC__R+,5O>ST&/W^AYOPFZX&\Y$!EC# M1'.@E6Z(^@(@6AV::B?K8\AXT5^JDS533VR$`O\R$ MO$*9&`K8($4US=QW"*P=`0X\?ZSBR);G&^>)[OC-$^+/CRWA65,&[*S1"*AL MPJ@E`'RN:*!E_5[4>WS<>?7#;1`](C+?BPXI^V89JB< MQ/=P3K]WGEF6ATP_"76`R'>8Q!*4.D\8[(!>OX'*XW+NPXL0Y8DM(H$7`7`9 MT-/%/D!S?(7`3-[U/H-*WB&W%CP"5+/BVX'>J`$ZR#GA#5F`.;[7?$5V.YLM M,S\YG.;)7IG'@OF=3"'=*9W@18+9GCF<%BC%M&TO0/EAXCC&WHI,([JL?I7\ML2_%H#-@5#!;$%$;-1,-S1F0A"58N=" MUPQGT>V\#!Q=`1:6??8$E?&Q3;2BS5;F&[KN4$>1_N+L7.>VP3=9\JID6;OZ M;598'8F\TA=2+`N.:1JVA!T]&]5G-=L5N'1A.\O3C4S<>+%XJ)6?(?H+V=NF MB\!^L6OL?8$;YYFJ1BMD73<^D(^7[]SZ`2N3-\Y?-@NS9;YD`EUORZ!)D@4S M*7TUC3<1A$A>!5D0[$O#(4CA@+S]21@ M-;!FA!?C8;!>;A)B2ZS3@=J6*5-+L""VM:NGGT4K3-&*,Q4AS1X7[H!9.3O9 MR\&!)FP.F)XD#!S1^L)D)B+EM<49&X"U)&GJC!:XGE(K[>3,`?,CL4P$$C)L MR?/JPU-\%ST.[Q,.<>P$6<,96Z9$([V]'H6K8\63-78/L9\^7V!69ZL?3.J, MMD02%:3F,%+ELB"&R%72-<&,&V7LML0.35C%KW*28?$46.S80WG`X4%_DESC ML\6!%(!T]TH8DP7N(]6HP]X(X[;%>0Q!$22'D%:DB\T"\JGEO2"^ABY4BD$Q M$6![URF9;^ES6]QE:KCN4F#WY_9'VMQHQ3H77(0/.!FB$5RC(*M<4@.RAFLV M2+'%15M5-'757*!='9<&@U]M!+>X_F6^MJ<1'`'H8NPEE\3*UTZ`/SLIFR'/ M0N]`']#+YQ8X$O`-7."5]KIJ"=)^.0?-#]$MX*1=@+*.>$.A/5%M`A1QHB*G-#GO\9Z4[`E M?U.AFO)&*Q9TD\LHOL).DMV8=Q[M=GY"N_?1L\4;'#IAVA`>>TN#NOFJ%_CR M;5B=1`'0)FV)SJ:!1:M11H%.T0(R!>Y0$ ME>T9Z4WK@1SX/DR7:!>392B==YF)@CV#DUS MR++;-?6E@-^[::IJO9$`7:?S\_Z9+-;E3;0(8%4U]QC-PY0N^MGZBO[WECT+ MW8EJ&W'5$7+RQQ$J)T7WCH=N,69G%A_\Z)`$SZR#9(KIVHPVDT.'L-#A%FI* M..UY;YFQ(5!93&&P2RY^C6-:K?=PNPU??4(-8(N),8) MKS*%VG`+-*MR*69(62[EP,&A;8[-AG0* M!4?K^6BOU#\._H,3T&TF'O6K1WP40V0F`L83N\`L^J()_^3>:*Z<_%O!"C%9 M#^.CE'P&(#F,!N.1`Z"]GF_0XOI\-9^MYP3/G/_K%!M'C-;%H M\L]CQC;T)!&'S`3<($H.,6Y)=?87"^>U0PQ'U9/[R`3Q[OX*RSV>RCU!0G)A M!X-&`FF2]"A^['QI:W)BI'%9'_;[@-5BD$GRVKW'WH$7YM='24A_'K7Z@A;+ M%TOLLR8REU%,BWF5%>B=I4#671B#K1==:(L`KK@PU+-NI\KS(L_BQM]2I3=4 M/<10,`M5G#=%F*R@':HF'_2-PLU2EO&=$XK[U<^C,(D"WW/$?>TW9(`S^U]N M12!V@C6]_8-5L+5,50:2#3-?&71@BI.6001//G,94.N:LQ1ELQZU:_^.W^L6 MYG?VT6_T#7FHV[R]^Y4X3F$&$WH%M$>P&=8-?DH_$AB_C_%>.JGQ%;ICC^$> MS',[Z/!U.7EG@(WQ@!:_%Q1AJYFB*O0CFRN#CMH45S>.3DBA2B&F%=`:R,+! MUPG&(Y>KWQT"RO\L5FIW?$3D\PY#7MBB="U@LCKT1D;PTG,-[21%PQD7*K&- MG99H7_%,AF?":BU\YP2?G93&(W;XG[DS#G4F&YJ\0)59)L!*]5@ZC--78>EK M5:^]HKQ(,(N>#`5V"SYV?="IW`O.IU;8">;L4LR6%;&,$,9;U"H77:-.-;D? MJ%1H.AM\DS=;83.8/,GT,PX\>@2'=2VQ(AH?T1UG<&U1N(4'VIX:@,A-2$` M:&5*;21QB`19SE3:2P$/KEW`F'H/Y#'[4B45ZY72$G:;6:`.S+?#*)^*5],# M''UO4T9RZIFSW/M[-+N+,5NW6A`#TH[$VMSUFIAFA-5FM,#[]0%>OC^6] MH*R*X,-`++D:Y(K325I#=)4(:@TI4[6\6"Q2`*P*ZX^7+/\HD16QE:NRW%[A M),$&R$BG#*R\%F'H`5H8Y"]UWM]D#75(DT*/3^LB-0J MO"9Y"0,)=EFF=LY"F]T:>S7)9QQOD7I&)4.V*LKW1]K%24?=YRPJ1/59/M+Y M._W7IQB3I\>;>R?`[E[.OQPU3=: MAWL&$[LT$":O>F1>A-_!/^W>`CM_!72OH5(/`<='X3R)\'O^$X[6K\61NO7 MXFAM>HZ69=%)-748\3E?=WR23D-&>\A7'Z&,/OA]0]38$Z`I@M2_U8!IUO1/ M/&K]8CO@N47:BI9?V%&MS-`_I&@F`^A$8A>@I>.')@*F/VMHKEW]8&'&E:(K MW[DE2Z&6]FJ6F6E;RL)4B,6&VIBX,)-@IZFV!=^"$$G)FU49C('PRGQSU(7` MS\7IP^IG;Q(WJV\8/*CSJ!WA?9[)8=CQ6>,[_BO\Q\&/^=F.I8"5)%B]DN[` M#]4'PA!@N>&#)C-`9P&!K;2,GRS+K8-++ M(QM*LMU--7+!1F*^`D=M^XP8&"_[9-Y"9FO_S0!K9ELG10U9-I/U<&FOUI)0 M0I7!*)4NE[O4R`#*6A0ZR*_#/9);L9J[BIPP8=7;F]CQZ-G\97J/XP(H@Y+8 M;K*`RF3[`"^5SG81-'TY;70P M[M"F?M$35+23.T&S(I)VNADYXO161-0JB+9HVD!OA^DT1E$E,;CQM`4&&SH'$*FVC/7/>P.[%C$!=['V/59'DZ[7JNK,.A>(UV@*_K;&$B"[(%C MK&;=AK,^Z(O%`IU*FC%GC3\*#T+%)UD1]GC/8$9=3D0T'H(9<&0I$O8;(G5KOUB:]$.\>O;E!JT`/92QN`DLVH MB*>WFV9-)*%(&$R!`?W&6:!6!ATAG&AA@+HL]C/>W>)8`5E.:L.UKV6UU7>[ M`!P`8VEK,#`P,#@R-3&UL550)``/E M8HQ/Y6*,3W5X"P`!!"4.```$.0$``.U=67/C.))^WXC]#US/P^P^^)"O*E=4 M[83*QXYB7&6'K>Z>?>J@24C"-D6J0=+'_/I-\)`HDB`!DC!@V-T/)4M``IGY M)9``$HFO?WM>>M8C(B$._&\[H[V#'0OY3N!B?_YM)PYW[=#!>.=O__WO__;U M/W9W__G][MIR`R=>(C^R'(+L"+G6$XX6UCD)PG"&";(>7JP[_(@BZSZ814\V M?)/1MT[V1GNCXY.]`VL11:LO^_M/3T][A)8-LZ)[3K# M[HW6OYQG+0?^%^MX?W2T?W@P.K1&7PZ.OXR.K-L?ZX(_@),9;BWI8?^/!VC- M`FGXX;>=0O>>'XBW%Y`Y5#PXVL\+[J0EOSR'>*OTTU%>=K3_SQ_7]\X"+>U= M[(>1[3N;6I1,7;W1V=G9?O(K%`WQES"I?QTX=I3HI[5?%K,$_6LW+[9+O]H= M'>X>C?:>0W<'9&!97TG@H3LTLY(.?(E>5NC;3HB7*X]V//EN0=#LVXZ#_SB` M_SX?GGSZ_!E(C4:CPY307RXR;.3_CGWWTH]P]#+Q9P%9)FSL6+2A7^XF6_RX M^-'VO!4)5HA$&(44"519H]V#T]VC@WU:9Y^/_/Y@[-Q'`#/:T'?;HPJ\7R#` M:@\&6`1E=_D6;,N/%BC"CNT-WO\2=0G,K#^$-[,)C$]+-`03=51?I?.#JZ.U M"4%3X.,:0S"P[%P@4/' M"\*8H!LRMWW\KV3`ATG@'L]]F.<=&Z8$QPEBF!/\^6W@80^Z=B@#);O MT#SV["@@,-D]HC#"\]ZS:3MM&8RD35"U[@5?C.4&)@0S"6#UA&2Q<(_`9A[&CG)2,;DZ)[8>V0Y$;_@9KDO]! M()YD1*5R`IU/HG`\FV$/PS@U##NB3;X&VS=/%!5);Y)E$IDN;'^*_%M$'.JY M01=AY,*V-_'A1[`-.:+HT@T9XCD/DL$9FKS&]@-H(AIJ3F!0EC*(+.V)[Z)E M.NE0&4])'`XTCK!HRV`$AMHE(MMFDKL^V4PZC'+X&I+!XL\@`F(.@OX^##2' ME4E*T8R-R:^V%Z/-5P-IHI:P#!;NXX<0_1F#05X^HJ&`5"4JI>O.`KFQAR88 M,QP6`&V\I%X:28"V(VN;IRAW]!PA M&,/<];/.Z[""?JH!]V4[V, MLEW"O\!7ZWY,@6RIP^6??S\].CX].QN='9PT8\4A=#98 M46J;];M,C8RA8R[MW)5GSVM4LO6[03IIYRM3RJ$"I>0,@;.+`^#)O8"1L\%> MMLH9I"1^_C)E'2E4UA7,A[;WO\@F5_!-V*"N4DD#%<;#8::R8^4J2]'%I[1" M66/5UL9CIK@3!8I+.;I#S0N M>OX'>F&JJE3..%WQ\)IZ4S=2!@LEX%_'P7.'_<+$$AX$T&2K&'Q89* MQBE1F-E\U7R@3JGI2'&'5@&A>_GT"+O6B6PJ;IXB^=G,5:ABYR/M[*^!%X-X M23J&L'57*F>5OR//^X0=/_CVRP\!'[B0,8T286F.4-TY[ M(GSF6E2Q5Y+V]C9^\+!SY05V>=>ZMHQQVFKC+=<0:VODZW[YO$3"*0HKUI3K MW&1T0,]-UB3@%^3=EW&5?_[[NSYU*BHF&PD/$6C.6VN`K!C_0#V$[%+A^T5-8,./"SQCPY?<.>#+VJP]`Y_4E3 M%?-HJZII)D-2751A#X,[KI#R0V^P3/SZ$.XMK8I4-4+KO1DVT>^\#$'D3^`3 MT04ZP^ZWRA@!!7[.^CJ#.NH\O_``:ZZ;:('(YBY!".Y.)DG6O,]3URB,=.=X M*!]1)^QL?&4Z>,X"$MI>.:ZDL:Q1V.#G4*JKJ`@+%UG/[Y+3X:)5,`#!KF`4 M*@399$;UO6%HW!*TLC$X5V%,LEPW=8`H%S,*!ES,,:,$W[#R<_R?!V$4TBO> MV)^W#PJETD9!081'9@3B&T8$O;$:;H9"-ABJ!8W"`2=[S.A&O;, M\!E>_AE#QUJ."WBK:X>-KL$LO1B6L-&HV:J;CJA/_)IZ17,1H M&MRA)'J$Y@X2&[8X:YN.ICYBD'H(H\BAND?`,70@.WS*I5V^\M=6W'38"/$M M]<#E1/4F^R/R8]9&:JF4Z:C@8=?$$Y>MS()M"RW30=#&JHG+<'JI%B7;J!5)5"ZQD41UW#4-.= MYX'V4AX1>0A>^1)$PB-U]]?C*,S.-[.;&?0;5@!)$$[+90@>$MI!I;NR65$, M/01AHLM3%C"WG]Q>T4@P]61?ZEF2LC@*ABAXO69^`N\34D(^M*P[WJ?29C=Z MX\#+7@"]F=4^:W*1O*03K5_':YCHA*D9B2D9,I%Z%/5)C[&+9XG66$<[-$ET MMJ6>4>FT1*N\SLFSTVP8$GBXDWH\I?Y\LG9?OF-TJ';HD'>2R<__4)<$FO&C M,#=AZ>W;HEH;$A6>-"8JM/YSB^I_?20N?`W?X!F7M>$ZUY1YS+=PTJ.T0TIZV9F9<24)/>C+:][TV*CS-(JS/(&=&;3L(?T MI=U2WY(OLQBJ%J[$"6EGH"UJ+-KD0-PJ3U>U0U&7> MX6+*D&N"]&EX-\^W^N;&L,3H7YU+J(:FB'*3%A+S-"81J2AJ#!5$>3;PEEQV\T3O-[A+[R0.9 M])0W$V5S7""KEG$(Z<*O7LD)N2>)L?N(PX"\?`]LXM)!D3[7DTFM<<9HJF@, M('JR;.*5.7"<9B@,$T9JW`I6,6,@(<2@U%2$RIV)J?W8YKMIS#C66,DX]79@ M5Z]<@Y+V$GGW$(T#!!^'1F8B_!GX0*);]'2S[0[T21Z3C-_! M(R+L)#V\U8W%3R\!Z+65+=E[%?5:C86,&,OW5]6#@[=_,.X.Q)(&9^+;1 MEF/2`['"=(R'Y#`2D9K$=WW54W6*B"ZI7@XKJ5[J\D7HD/#E#>>/^`WA^0*@ M.GZ$472.ZH'+D=I%F(YVPX.`=S\,L]*21Z@S=D9JN!9#/VI)#)-3_:N5TU6; MU$GLR97VB@DZ#D]./WT^/CP^.#HY/CE0]&1=WM4I/RU7@4W,:/V/F!:F&*OIJF:V30KW#2%OXT]]4D MVC_0\@&1DOXX:VFG0F%M;!3:A^6WD[*I(>6U$!`8M=\#($185YYL9>`','@P M(D#(8+CTE8+RVQ.=DLMSX*-:W%P4#0:_,`3 M^#7VT00^ML[>ZX+Z*K_3U-W,%U/='T_K]%97L^29[C;/JSI]9^D5K.P#%WI* M(ETB->H?B.!Y,I"CIK$@X6;6S%>UW_X=G,Y`X+Z1TWRZ^#@@82*,B2P"I*%"^!!B[_Q>GB?Q"FG'""7P'>VA+&M-@ MF`%(1E/O!Z"O)KV!#C`TPWDQFS5\]E"""=\MID%FX):GJG8X?#6X5)':65YF MCK`J\OV]#>^<,*M\H*V'G*1F-57E M1])G`R;+E8U)\N+@PB9SYIA67_@#4YTD)#6EJ:JWW&SL4_'>^!2=LKS_=OQZN5AVG6K(GOHJ6/9S@-SYX24$(V M5C?NE(L0^L#:X-+KFQ"Q!8"?U8QR('Y"W^^^0.F_$S]W&\!;3=*D;U+I-^3G MY:?Q@OYD]-1^IM*^#$&!3RT#(A>-#\0-*;B^^1Q; M$*H@;AE4D3L0_`2I%@#E?#3G4YC3D3EX`CR2;R`=!!)9<#T[#( M^AJ')TZ>=/'L+,)49."LJ?L!PR$$EJ//J/?@JN*X1TY,NW2!DNU^?N"5*WZ@ MKK>T/R(_YI]Y2O0_`]156CK?>CTGI=#[,'V79.QA>.P3* M#('N(Q.IZW0-!`Z:J/Q!A&.B4_2%&6S M$<;-[&<0%7<\.6#74/M]0DU4('H]$"-PH)%;S<3_'H/(Z8O:RQ6(%M6-6&*5 MS4?.`/+HZV;I&0-P:[\D+%\%Y!K6-GFJW/-@N<0AC:VF43E3Y-M^U`"WGM3, MQY\,`?6-/QXZ3$`@A7%^#X0.X""*)2+;*1['LQGV,'2K>5P3(60^Q@:6C80L MN,K/6?EEWGLY:3[>!I*)A#?7E<^J#)%<81C8G0&V+QH(:8>[@;8O1%F6DCA, M?3+@AIQYXV7-;8J.5+1#T4"HJ,)M",%(W;(0#I*3D7^\*^P$J;P?V`TA&,D) M(Q0!CU_DO>?,]P.WGC(Q\8B)RH/N3=.;'W_&-',;76G?)MDBRR>^#*2)D-`. M:Z)^66]FA[HO70"1*MPTX,$(/V':EH!Q MIFSP\UP-(/_;P,-.81'4F#!X=`#_6[O6I@GXH]B*!!'T)7W%PLMP7AW\PR8-K>)A%RRR@_$&T5\UZOKA?LM05;4X#3=V#C#QD2 M[-`-[0;*0>%9G("UD.S;SK.^D<(=FM/'I`/RDLUD\ZVLHRTCYV%UY-P0M+8I MRCHOK^T_8W@3K*OD2`/-;>^''5%D).&!"2B1SS/F<-759J#HI,BMXXG.[)IB MO17/$"=)17,W\>_(<\%5I%XDIT$?50UZTX:U:23QB?)F+-J.!0U924L*C(:^ M;GT9TD&^Q:^I*ZC"RC?]V,BZS;H;ZVACU>TJ*9JP.$^FF&[A09?QG*#$.^$T MTN.JD1:H61MRZE_O2J*.6VRRN8H&3Y`E/>*W4\[:VEDLC^H:'BH3XM,4*Z:! MJMS[#"=5N\WJ*_$S:T,L%XEVQYO%YY, M,;8IL?W03N]*_8:C12EDUWH2%O/AHVT?8MVP((>6%D7 MK$T?K$TGY&R0]9<.UU[:D,U(.KGLWT76""2M'6W&*=F8JAY]RI:B*:/?>MBO@5>N\OO0M?WMSE#U81HZ$D3(>GBVVNCQ@1;4:5 M7JK>BLGIS[\IX\'MTJY[R()S1#BKV5K\,;9*%*V4I)QIFL$`EQ?26E=-(%ZR M/W:'_HPQR1ZUSOJ5O&[3:MR\];6QZTX*W8ZQZ\.R*:9<=S&Y=!N&WMH(_VIE+5CK)N38.0]W7$8O1DC2XH*G$WS+!R%*FII\%]U6EP#])6'* M2%`?6=MB\S5AC92.52"D9)]OG<.^=9^RIJ22$X@`EJ+)\18L2EU4\Q23P*E$ M%UK:6#F'$K>.*P9CUA1#OK(QH0\!%\YN>*?PFE@[2LU*R%E%>@I,I(ZO%O-N MKJ+"SNMZU&;/C76TLUL>-14-6)P[4PSU/GX(8?4!E"\?$;^?71,_MZ%D9:04 M0+O,3HMMLHNKL,MR;]ILDEE>.WML4TO1%L6X,L8.G05R8P]-,&8$N\)*(%[& MR5'H!8)>.%@@@GU4$TN7-VE-)I/&^-="R]96TVHC8)DBX=XV[TI,;20M3U_Y M8VR%J&DWL/2#0WV$;G^)O.Z@]'6?,O-@APC^^']02P,$%`````@`BW*00"U! M%BW2"```Z$P``!H`'`!C:6LP,#`P.#(U-S@X+3(P,3$Q,C,Q+GAS9%54"0`# MY6*,3^5BC$]U>`L``00E#@``!#D!``#M7%EOXS@2?E]@_P/7+[L+K`_EZ.D$ MR0QR=&8-))T@R>[.VX"6RC;1$NDAJ1SSZZ0B@E^.G!&DP$![@J/\<7I(%1#JES&!C_]^->_G/QM./SE M_/Z:>,(-`^":N!*H!H\\,[TD%U(H-6<2R.R5W+,GT.1!S/4SQ98$GQR.G)%S M<#B:D*76J^/Q^/GY>22-K$I$1ZX(AL/$VCE5B(YZD=F]D9/>N4@L"WY,#L;. M_GAOXNP1YWAR<.SLD[N;5/`&/9FS1DGE+B&@!&/!U>D@U[GG_9&0"U2:..-? M;JX?(KE!+'C\,I,^6Q,W+59A?\RXTI2[8.5]QK_5B)O;,W0YA2_))[UQCHZ. MQM'=`=%4+D!_I0&H%75A3=QC3]3W5U*L0&H&R@37^.\X>_N.M<+#H+I/GI9C M_;J",4J`9&ZJ('@+'<&'J1[X8,;+E9#!)>_PA\_=/36]]'2JEP_^X3B^.<#!0,@)Y5QHJG'(1K]- MRVK%^%PD/['!1/]8"A\>T5UB+OYS/VW7I^'DTW!_,C8ZXP;=9+6FWX/XZ5]$+=SJI"TL7@GO`T7B9C3-?@^3HX%.1N99*36SN%=A,8?.\ M"LLKR4'W'&^;B1=4+:]\\5R<)ZMEZAD\:,A'@T,BH)ZO%GQ=)K6A_?>,>U^X M9OIUBJNG#"*O8M9:2=9S-SDRW%F`_"6"D1B-Y.!Z!K>N2.ZP-N=Z"9JAM@DDJW.%A*BU;!(;Z5,/9$'92)S*"2%Z=GJQ-8U4%5>+)/6>D8. MRXS$>CT%G2AXE)0KZIKNJ/\QO?P9<%!'A:@9W3@O3;4ZF\^9S["V+%'54;N> MTD]E2O/XQ!@@B06;?M',B49(9J4?`&\:`+?/9E:+R(S>RLK')>6/P.]`NF9W M"../E26C_I3C35S+&@?%%HCU`^6'-@,EMIH,FM@N,88)6B:):9+9)JGQ?OQT M&C\7(GJXP!A<,SK#'-05SS_50O4L?RZSG,&0'$Y/6+<2*:!3[D$0/R&:7CW* M4)6KI`UB]:0=511*-V>D@$0BJ)ZW3KR9XQ0@UU=8NV^4/.27\JZ53BVCSJ3, M:(Q:7(IS&TT6NF>X$\-?A89[<`&U9N6GTL+=>M8J=HF,/LD`>FZZ91]E\K_4 M#R%K*F=;E4P]3Q7;/P:%1#"Y]CZ5NM'U$,X4_!9B#+X\0<7$6+I?3U/%1DZ& M0&*(GJ%N#+E+\$(?IHQMV&_#520,C*?@70+&"\OTJGW7[8'J.:_8\[&FR'0Z MK=W+RUDD>9/_!V/$_&6.O=[#G$2'6H_-"=+3@6+!RBQJ<=M2POQTX+)OZ0'0 MST-[P/-7]'OT$OA6UABJ.6<;C:MBJ)(>6`@JW1)*Z?3M.!N[8^N%!=!,&_6[ MG!EB[*A_$1ST`S)^_R@@AUVC4*#]@X)PD5GYZ!CX=-8U!J@"_@=Z?VWP/]IO M3,.N?J]G[@ONFP?7R8_UK$CXXU M*N;7T.H-3=/0V1ON.Z,7Y=D^=NE"%H-N7;!ZG;L082EP1POQA'RR9/5TAN;0 M^X8^5.J8BV&FO$4`JD_^MXE#7O-KK&@"<60"X7S:CHNC>(AS6)@5M5T_?"G7 MM#IW8D[5+$(*U=``J=9TY#47E*YB3L#7*L5Z+W:V8V9+6BK]>GM`3,NF>"3? MFD0EW]KW(K_6'30]FRDMJ:L'D1/9X=0&6>;[YLGX=*!EB%D?S]K15T''*,/X M8JHA,"4/>HO5/P*%!N%G*<*5%60H,B`T`;50\3V<7)GP'B-8+Y1)-=OH:;*K M8C8_HP]KS![W5]"W\]OY'$RW+D2T"Q_[VEJZQMM`<-!4OK;VM^Q?/`]K>VL6 MGP1%UR1X3+?P^AYP:4E&T^V\%4^(!^I*BJ"* MN/P9*CL#=-+9^6F/:Y.1^5*NT+;K= M0OSOE-MSQ8_TQ639%^5*\9R5GFW%=YV]S9Y@^1"1B!Z!RAXM5',,:C1W/!VS M5U-3?AXRW_P',--@)7'&">+WH=;W1KE=)_XB?M/&G@#S,YYL;B"8@4S7EAJ! MNM+8$P%E_,^IB[,^FJ2[9"K;O-GDS&;!G7&JU594P;]N.KOB:G[3:=VARCN[ MTNW2&,(:^YH%B.SEOF^P=7:^6.ND5>TN^HK=?EA2"7^.M^9[&O,Y=.&0P"O6 M7L6C5[&C711V?$'8<)RS^,S1+/;]'C-.QO$[!KS\`U!+`0(>`Q0````(`(MR MD$`8DXTT'W\```Y\!@`:`!@```````$```"D@0````!C:6LP,#`P.#(U-S@X M+3(P,3$Q,C,Q+GAM;%54!0`#Y6*,3W5X"P`!!"4.```$.0$``%!+`0(>`Q0` M```(`(MRD$`!HYCZK0L``+BL```>`!@```````$```"D@7-_``!C:6LP,#`P M.#(U-S@X+3(P,3$Q,C,Q7V-A;"YX;6Q55`4``^5BC$]U>`L``00E#@``!#D! M``!02P$"'@,4````"`"+&UL550%``/E8HQ/=7@+ M``$$)0X```0Y`0``4$L!`AX#%`````@`BW*00)HRD8.>*```43@"`!X`&``` M`````0```*2!.Y```&-I:S`P,#`X,C4W.#@M,C`Q,3$R,S%?;&%B+GAM;%54 M!0`#Y6*,3W5X"P`!!"4.```$.0$``%!+`0(>`Q0````(`(MRD$`)=FW2#A<` M`!M^`0`>`!@```````$```"D@3&Y``!C:6LP,#`P.#(U-S@X+3(P,3$Q,C,Q M7W!R92YX;6Q55`4``^5BC$]U>`L``00E#@``!#D!``!02P$"'@,4````"`"+ M`L``00E#@``!#D!``!02P4&```` /``8`!@!0`@``O=D````` ` end XML 19 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 20 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6

Organization And Significant Accounting Policies
12 Months Ended

Dec. 31, 2011

Organization And Significant Accounting Policies [Abstract]

Organization And Significant Accounting Policies

1. ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES:

DiVall Insured Income Properties 2 Limited Partnership (the "Partnership") was formed on November 20, 1987, pursuant to the Uniform Limited Partnership Act of the State of Wisconsin. The initial capital, contributed during 1987, consisted of $300, representing aggregate capital contributions of $200 by the former general partners and $100 by the Initial Limited Partner. The minimum offering requirements were met and escrowed subscription funds were released to the Partnership as of April 7, 1988. On January 23, 1989, the former general partners exercised their option to increase the offering from 25,000 interests to 50,000 interests and to extend the offering period to a date no later than August 22, 1989. On June 30, 1989, the general partners exercised their option to extend the offering period to a date no later than February 22, 1990. The offering closed on February 22, 1990, at which point 46,280.3 interests had been sold, resulting in total offering proceeds, net of underwriting compensation and other offering costs, of $39,358,468.

The Partnership is currently engaged in the business of owning and operating its investment portfolio of commercial real estate properties (the "Properties"). The Properties are leased (with the exception of the vacant Phoenix, AZ property- See Note 3 to the financial statements) on a triple net basis primarily to, and operated by, franchisors or franchisees of national, regional, and local retail chains under primarily long-term leases. The lessees are fast food, family style, and casual/theme restaurants. As of December 31, 2011, the Partnership owned thirteen Properties, which are located in a total of six states.

The Partnership will be dissolved on November 30, 2020 (extended ten years per the results of the 2009 Consent, as defined below), or earlier upon the prior occurrence of any of the following events: (a) the disposition of all properties of the Partnership; (b) the written determination by The Provo Group, Inc., the general partner of the Partnership (the "General Partner", or "TPG", or "Management"), that the Partnership's assets may constitute "plan assets" for purposes of ERISA; (c) the agreement of Limited Partners owning a majority of the outstanding interests to dissolve the Partnership; or (d) the dissolution, bankruptcy, death, withdrawal, or incapacity of the last remaining General Partner, unless an additional General Partner is elected previously by a majority of the Limited Partners. During the second quarters of 2001, 2003, 2005 and 2007, Consent solicitations were circulated (the "2001, 2003, 2005 and 2007 Consents, respectively"), which if approved would have authorized the sale of all of the Partnership's Properties and the dissolution of the Partnership. A majority of the Limited Partners did not vote in favor of any of the Consents. Therefore, the Partnership had continued to operate as a going concern. On July 31, 2009, the Partnership mailed a Consent solicitation (the "2009 Consent") to Limited Partners to determine whether the Limited Partners wished to extend the term of the Partnership for ten years to November 30, 2020 (the "Extension Proposition"), or wished the Partnership to sell its assets, liquidate, and dissolve by November 30, 2010. A majority of the Partnership Interests voted "FOR" the Extension Proposition and therefore, the Partnership continued to operate as a going concern. During the second quarter of 2011, Consent solicitations were circulated ("2011 Consent"), which if approved would have authorized the sale of all of the Partnership's Properties and the dissolution of the Partnership. A majority of the Limited Partners did not vote in favor of the 2011 Consent, and the General Partner declared the 2011 Consent solicitation process concluded on June 30, 2011. Therefore, the Partnership continues to operate as a going concern.

Significant Accounting Policies

Rental revenue from the Properties is recognized on the straight-line basis over the term of the respective lease. Percentage rents are only accrued when the tenant has reached the sales breakpoint stipulated in the lease.

Rents and other receivables are comprised of billed but uncollected amounts due for monthly rents and other charges, and amounts due for scheduled rent increases for which rentals have been earned and will be collected in the future under the terms of the leases. Receivables are recorded at Management's estimate of the amounts that will be collected.

As of December 31, 2011 and 2010 there were no recorded values for allowance for doubtful accounts based on an analysis of specific accounts and historical experience.

The Partnership considers its operations to be in only one segment, the operation of a portfolio of commercial real estate leased on a triple net basis, and therefore no segment disclosure is made.

Depreciation of the Properties is provided on a straight-line basis over the estimated useful lives of the buildings and improvements.

Deferred charges represent leasing commissions paid when the Properties are leased and upon the negotiated extension of a lease. Leasing commissions are capitalized and amortized over the term of the lease. As of December 31, 2011 and 2010, accumulated amortization amounted to $72,428 and $90,327, respectively. Fully amortized deferred charges of $57,300, including related accumulated amortization, were removed from the condensed balance sheets as of September 30, 2011.

Property taxes, general maintenance, insurance and ground rent on the Partnership's Properties are the responsibility of the tenant. However, when a tenant fails to make the required tax payments or when a property becomes vacant (such as the vacant Phoenix, AZ property which formerly operated as China Super Buffet restaurant ("China Buffet") or the formerly owned vacant Park Forest, IL ("Park Forest") property) the Partnership makes the appropriate property tax payments to avoid possible foreclosure of the property. In a property vacancy the Partnership pays for the insurance, maintenance and any utilities related to the vacant property.

Such taxes, insurance and ground rent are accrued in the period in which the liability is incurred. The Partnership owns one restaurant, which is located on a parcel of land where it has entered into a long-term ground lease, as lessee, which is set to expire in 2018. The Partnership has the option to extend the lease for two additional ten year periods. The Partnership owns all improvements constructed on the land (including the building and improvements) until the termination of the ground lease, at which time all constructed improvements will become the land owner's property. The tenant, a Kentucky Fried Chicken restaurant franchisee ("KFC"), is responsible for the $3,400 per month ground lease payment per the terms of its lease with the Partnership.

The Partnership generally maintains cash in federally insured accounts in a bank that is participating in the FDIC's Transaction Account Guarantee Program ("TAGP"). Under TAGP, through December 31, 2010, all non-interest bearing transaction accounts were fully guaranteed by the FDIC for the entire amount in the account. Pursuant to Section 343 of the Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"), all funds in a non-interest bearing transaction account are insured in full by the FDIC from December 31, 2010 through December 31, 2012. This temporary unlimited coverage is in addition to and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules. Cash maintained in these accounts may exceed federally insured limits after the expiration of the period established by the Dodd- Frank Act. The Partnership has not experienced any losses in such accounts and does not believe it is exposed to any significant credit risk.

Financial instruments that potentially subject the Partnership to significant concentrations of credit risk consist primarily of cash investments and leases. Additionally, as of December 31, 2011, nine of the Partnership's thirteen Properties are leased to three significant tenants, Wendgusta, LLC ("Wendgusta"), Wendcharles I, LLC ("Wendcharles I") and Wendcharles II, LLC ("Wendcharles II"), all three of whom are Wendy's restaurant franchisees. The property lease(s) for the three tenants comprised approximately 53%, 21% and 1%, respectively, of the total 2011 operating base rents reflected for the fiscal year ended December 31, 2011.

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities (and disclosure of contingent assets and liabilities) at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Assets disposed of or deemed to be classified as held for sale require the reclassification of current and previous years' operations to discontinued operations in accordance with GAAP applicable to "Accounting for the Impairment or Disposal of Long Lived Assets". As such, prior year operating results for those properties considered as held for sale or properties no longer considered for sale have been reclassified to conform to the current year presentation without affecting total income. When properties are considered held for sale, depreciation of the properties is discontinued, and the properties are valued at the lower of the depreciated cost or fair value, less costs to dispose. If circumstances arise that were previously considered unlikely, and, as a result, the property previously classified as held for sale is no longer to be sold, the property is reclassified as held and used. Such property is measured at the lower of its carrying amount (adjusted for any depreciation and amortization expense that would have been recognized had the property been continuously classified as held and used) or fair value at the date of the subsequent decision not to sell.

Assets are classified as held for sale, generally, when all criteria within GAAP applicable to "Accounting for the Impairment or Disposal of Long Lived Assets" have been met.

The Partnership periodically reviews its long-lived assets, primarily real estate, for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The Partnership's review involves comparing current and future operating performance of the assets, the most significant of which is undiscounted operating cash flows, to the carrying value of the assets. Based on this analysis, a provision for possible loss is recognized, if any. The carrying amount of the formerly owned Denny's Phoenix, AZ property (property was sold on November 23, 2011) was reduced by $104,705 to its estimated fair value less estimated costs to sell of $445,000 during the third quarter of 2011. The carrying amount of the vacant Phoenix, AZ property was reduced by $390,117 during the fiscal year 2011, to its estimated fair value of $150,000. There were no adjustments to carrying values for the fiscal year ended December 31, 2010. For the fiscal year ended December 31, 2009, a $50,000 adjustment to the land carrying value related to the Park Forest property was recorded.

The Financial Accounting Standards Board ("FASB") guidance on "Fair Value Measurements and Disclosure", defines fair value, establishes a framework for measuring fair value and enhances disclosures about fair value measures required under other accounting pronouncements, but does not change existing guidance as to whether or not an instrument is carried at fair value. The adoption of the provisions of this FASB issuance, with respect to nonrecurring fair value measurements of nonfinancial assets and liabilities, including (but not limited to) the valuation of reporting units for the purpose of assessing goodwill impairment and the valuation of property and equipment when assessing long-lived asset impairment, did not have a material impact on how the Partnership estimated its fair value measurements but did result in increased disclosures about fair value measurements in the Partnership's financial statements as of and for the years ended December 31, 2011 and 2010. See Note 12 for further disclosure.

GAAP applicable to Disclosure About Fair Value of Financial Instruments, requires entities to disclose the fair value of all financial assets and liabilities for which it is practicable to estimate. Fair value is defined as the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. The General Partner believes that the carrying value of the Partnership's assets (exclusive of the Properties) and liabilities approximate fair value due to the relatively short maturity of these instruments.

No provision for federal income taxes has been made, as any liability for such taxes would be that of the individual partners rather than the Partnership. At December 31, 2011 the tax basis of the Partnership's assets exceeded the amounts reported in the December 31, 2011 financial statements by approximately $7,184,618.

The following represents an unaudited reconciliation of net income as stated on the Partnership statements of income to net income for tax reporting purposes:

 2011
(Unaudited) 2010
(Unaudited) 2009
(Unaudited)

Net income, per statements of income
 275,643 $ 815,003 $ 772,074

Book to tax depreciation difference
 (26,249 ) (31,622 ) (34,855 )

Tax over (under) Book gain from asset disposition
 (120,194 ) (293,243 ) (2,840 )

Straight line rent adjustment

Penalties


10,450

9


5,760

0


26,038

0


Prepaid rent
 0 0 5,000

Impairment write-down of assets held
 494,822 0 50,000



Net income for tax reporting purposes
 $ 634,481 $ 495,898 $ 815,417



The Partnership is not subject to federal income tax because its income and losses are includable in the tax returns of its partners, but may be subject to certain state taxes. FASB has provided guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken in the course of preparing the entity's tax returns to determine whether the tax positions are more-likely-than-not to be sustained when challenged or when examined by the applicable taxing authority. Management has determined that there were no material uncertain income tax positions. Tax returns filed by the Partnership generally are subject to examination by U.S. and state taxing authorities for the years ended after December 31, 2007.

In May 2011, the FASB issued ASU No. 2011-04, Fair Value Measurement Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in GAAP and IFRSs (:ASU No. 2011-04"). ASU No. 2011-04 updates and further clarifies requirements in U.S. GAAP for measuring fair value and for disclosing information about fair value measurements. Additionally, ASU No. 2011-04 clarifies the FASB's intent about the application of existing fair value measurements. ASU No. 2011-04 is effective for interim and annual periods beginning after December 15, 2011 and is applied prospectively. The Partnership does not expect that the adoption of ASU No. 2011-04 will have a material impact to its financial statements.

X

- Details

Name: us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for the organization, consolidation and basis of presentation of financial statements disclosure, and significant accounting policies of the reporting entity. May be provided in more than one note to the financial statements, as long as users are provided with an understanding of (1) the significant judgments and assumptions made by an enterprise in determining whether it must consolidate a VIE and/or disclose information about its involvement with a VIE, (2) the nature of restrictions on a consolidated VIE's assets reported by an enterprise in its statement of financial position, including the carrying amounts of such assets, (3) the nature of, and changes in, the risks associated with an enterprise's involvement with the VIE, and (4) how an enterprise's involvement with the VIE affects the enterprise's financial position, financial performance, and cash flows. Describes procedure if disclosures are provided in more than one note to the financial statements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 22

-Paragraph 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Name Statement of Position (SOP)

-Publisher AICPA

-Number 94-6

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Name FASB Interpretation (FIN)

-Publisher FASB

-Number 46R

-Paragraph 4, 14, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureAndSignificantAccountingPoliciesTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

EXCEL 21 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\X.&8U,#0S9E\W-39C7S0T,6%?8F9B,E]F-3`U M9&4X,V9E8S0B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I7;W)K#I7;W)K#I7;W)K#I%>&-E;%=O#I%>&-E;%=OF%T:6]N M7T%N9%]3:6=N:69I8V%N=%]!/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T M4V]U#I%>&-E;%=O5]);G9E#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E M;%=O#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/E!- M05]);F1E;6YI9FEC871I;VY?5')U#I7;W)K M#I7;W)K#I7;W)K#I%>&-E;%=O#I7;W)K#I7;W)K#I3='EL97-H965T($A2968],T0B5V]R:W-H965T3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\X.&8U,#0S M9E\W-39C7S0T,6%?8F9B,E]F-3`U9&4X,V9E8S0-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO.#AF-3`T,V9?-S4V8U\T-#%A7V)F8C)?9C4P-61E M.#-F96,T+U=O'0O:'1M;#L@8VAA2!) M;F9O2!);F9O M'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^1$E604Q,($E.4U52140@24Y#3TU%(%!23U!%4E1) M15,@,B!,24U)5$5$(%!!4E1.15)32$E0/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$"!+97D\+W1D/@T*("`@("`@("`\=&0@8VQA2!&:6QE3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^4VUA;&QE3QS<&%N/CPO2!6;VQU;G1A'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S3X-"CPO:'1M M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\X.&8U,#0S9E\W-39C7S0T,6%?8F9B M,E]F-3`U9&4X,V9E8S0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO M.#AF-3`T,V9?-S4V8U\T-#%A7V)F8C)?9C4P-61E.#-F96,T+U=O'0O:'1M;#L@8VAA M2!T87@@8V%S:"!E'!E;G-E2!T87@@<&%Y86)L M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S2!D97!O M'0^)FYB M'0^)FYB'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA3X-"CPO:'1M;#X- M"@T*+2TM+2TM/5].97AT4&%R=%\X.&8U,#0S9E\W-39C7S0T,6%?8F9B,E]F M-3`U9&4X,V9E8S0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO.#AF M-3`T,V9?-S4V8U\T-#%A7V)F8C)?9C4P-61E.#-F96,T+U=O'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$2!T87AEF%T:6]N/"]T M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR.2PP,C$\2!O9B!A;6]U;G1S('!R979I;W5S;'D@=W)I='1E M;B!O9F8@*$YO=&4@,BD\+W1D/@T*("`@("`@("`\=&0@8VQA7!E.B!T M97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE M860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT M96YT/3-$)W1E>'0O:'1M;#L@8VAA3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\X.&8U,#0S9E\W-39C M7S0T,6%?8F9B,E]F-3`U9&4X,V9E8S0-"D-O;G1E;G0M3&]C871I;VXZ(&9I M;&4Z+R\O0SHO.#AF-3`T,V9?-S4V8U\T-#%A7V)F8C)?9C4P-61E.#-F96,T M+U=O'0O M:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\ M:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E M;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA2!I;7!A:7)M96YT('=R:71E+61O=VYS/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$;G5M<#XT.30L.#(R/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S"!R96-E:79A M8FQE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S6%B;&4@86YD(&%C M8W)U960@97AP96YS97,\+W1D/@T*("`@("`@("`\=&0@8VQA6%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQA6UE;G0@6UE;G0@;V8@ M;&5A'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X- M"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP M92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAAF%T:6]N M($%N9"!3:6=N:69I8V%N="!!8V-O=6YT:6YG(%!O;&EC:65S(%M!8G-TF%T:6]N($%N9"!3:6=N:69I8V%N="!!8V-O=6YT:6YG(%!O;&EC M:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/B`\<"!S M='EL93TS1"=M87)G:6XM=&]P.B`Q.'!X.R!M87)G:6XM8F]T=&]M.B`P<'@[ M)SX\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N M.R<@8VQA6QE/3-$)VUA#L@ M;6%R9VEN+6)O='1O;3H@,'!X.R<^/&9O;G0@F4],T0R/D1I M5F%L;"!);G-U2!T:&4@9F]R;65R(&=E M;F5R86P@<&%R=&YE'1E;F0@=&AE(&]F9F5R:6YG('!E2`R,BP@,3DY,"X@5&AE(&]F M9F5R:6YG(&-L;W-E9"!O;B!&96)R=6%R>2`R,BP@,3DY,"P@870@=VAI8V@@ M<&]I;G0@-#8L,C@P+C,@:6YT97)E#L@;6%R9VEN+6)O='1O;3H@,'!X.R<^/&9O;G0@ MF4],T0R/E1H92!087)T;F5R2!T;RP@86YD(&]P97)A=&5D(&)Y+"!F2!L;VYG+71E3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA'1E;F1E9"!T96X@>65A2!O9B!T:&4@3&EM:71E9"!087)T M;F5RF5D('1H92!S86QE(&]F(&%L;"!O9B!T:&4@4&%R M=&YE#L@;6%R9VEN+6)O='1O;3H@,'!X.R!F;VYT+7-I>F4Z(#%P>#LG M/B9N8G-P.SPO<#X-"@T*/'`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`Q<'@[)SXF;F)S<#L\+W`^#0H- M"CQP('-T>6QE/3-$)VUA#L@;6%R9VEN+6)O='1O;3H@ M,'!X.R<^/&9O;G0@F4],T0R/D9I;F%N8VEA;"!I;G-T2`U,R4L(#(Q)2!A;F0@,24L(')E2P@;V8@=&AE('1O M=&%L(#(P,3$@;W!E6QE/3-$)VUA#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA M2P@86YD+"!AF5D(&AA9"!T:&4@<')O M<&5R='D@8F5E;B!C;VYT:6YU;W5S;'D@8VQA3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQA2P@=VAE;B!A;&P@8W)I M=&5R:6$@=VET:&EN($=!05`@87!P;&EC86)L92!T;R`B06-C;W5N=&EN9R!F M;W(@=&AE($EM<&%I6QE M/3-$)VUA#LG/CQF M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE2!N;W0@8F4@6EN9R!V86QU92!O9B!T:&4@87-S971S+B!"87-E9"!O;B!T M:&ES(&%N86QYF5D+"!I9B!A;GDN(%1H92!C87)R>6EN9R!A;6]U;G0@;V8@ M=&AE(&9O"P@05H@<')O<&5R M='D@*'!R;W!E2`D,3`T+#6EN M9R!V86QU92!R96QA=&5D('1O('1H92!087)K($9O2!W M87,@6QE/3-$)VUA#LG/CQF;VYT('-T>6QE M/3-$)V9O;G0M9F%M:6QY.B!4:6UE#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE M/3-$)VUA#LG/CQF M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE2!A<'!R;WAI;6%T96QY("0W+#$X-"PV,3@N(#PO9F]N=#X\+W`^#0H-"CQP M('-T>6QE/3-$)VUA#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE#L@9F]N="US:7IE.B`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`^/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^ M/&9O;G0@8VQA6QE/3-$)V9O M;G0M9F%M:6QY.B!4:6UE3H@5&EM M97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/BDF;F)S M<#L\+V9O;G0^/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@8VQA M6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE M3H@5&EM97,@3F5W(%)O;6%N.R<@ M8VQAF4],T0R/BDF;F)S<#L\+V9O;G0^/"]T9#X\+W1R/@T*/'1R(&)G8V]L M;W(],T0C8V-E969F/CQT9"!V86QI9VX],T1T;W`^#0H-"CQP('-T>6QE/3-$ M)W1E>'0M:6YD96YT.B`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`@6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UEF4],T0R M/B9N8G-P.R9N8G-P.SPO9F]N=#X\8G(@+SX-"@T*/'`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`\+V9O M;G0^/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT@;F]W6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY M.B!4:6UE6QE/3-$)W1E>'0M:6YD96YT.B`M,65M.R!M87)G:6XM M;&5F=#H@,65M.R<^/&9O;G0@F4],T0R/DEM<&%I6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/B9N M8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\ M9F]N="!C;&%S3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0Q/B9N8G-P M.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL M93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/C4P M+#`P,#PO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`] M,T1N;W=R87`^/&9O;G0@F4],T0R/B9N8G-P.R9N8G-P.SPO M9F]N=#X\+W1D/CPO='(^#0H\='(@6QE/3-$)V)O6QE/3-$)V)O"!S;VQI9#LG/B9N8G-P.SPO M<#X\+W1D/@T*/'1D/B9N8G-P.SPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M M/B9N8G-P.SPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/@T*#0H\<"!S='EL M93TS1"=B;W)D97(M=&]P.B`C,#`P,#`P(#%P>"!S;VQI9#LG/B9N8G-P.SPO M<#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X-"@T*/'`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`@("`\=&%B M;&4@8VQA'0^/&1I=CX@/'`@ M#L@;6%R9VEN+6)O='1O;3H@,'!X M.R<^/&9O;G0@F4],T0R/CQB/CQU/C(N(%)%1U5,051/4ED@ M24Y615-424=!5$E/3CH@/"]U/CPO8CX\+V9O;G0^/"]P/@T*#0H\<"!S='EL M93TS1"=M87)G:6XM=&]P.B`V<'@[(&UA#LG/CQF M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE2!OF5D('1R86YS9F5R3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA2!I;G%U:7)I97,L(%101R!W87,@ M87!P;VEN=&5D(%!E2!O<&5R871I;VYS(&%N9"!A2!A8V-E<'1I M;F<@=&AE:7(@=&5N9&5R960@3H@5&EM97,@3F5W M(%)O;6%N.R<@8VQA&EM871E;'D@)#4L.3$X+#`P,"!O9B!R96-O=F5R M:65S(&AA=F4@8F5E;B!R96-E:79E9"!W:&EC:"!E>&-E961E9"!T:&4@;W)I M9VEN86P@97-T:6UA=&4@;V8@)#,@;6EL;&EO;BX@07,@82!R97-U;'0L(&9R M;VT@2F%N=6%R>2`Q+"`Q.3DV('1H&EM871E;'D@)#$L,C(X+#`P,"!A2!O9B!A;6]U;G1S M('!R979I;W5S;'D@=W)I='1E;B!O9F8@:6X@=&AE('-T871E;65N=',@;V8@ M:6YC;VUE+"!W:&EC:"!R97!R97-E;G1S(&ET7!E.B!T97AT M+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^ M#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT M/3-$)W1E>'0O:'1M;#L@8VAA2!(96QD($9O2!(96QD($9O6QE/3-$)VUA#L@;6%R9VEN+6)O M='1O;3H@,'!X.R<^/&9O;G0@F4],T0R/E1H92!T;W1A;"!C M;W-T(&]F('1H92!0F5D(&-O#L@;6%R9VEN+6)O='1O;3H@,'!X M.R<^/&9O;G0@F4],T0R/D%S(&]F($1E8V5M8F5R(#,Q+"`R M,#$Q+"!T:&4@4&%R=&YE2=S(')E71O;F$G71O;F$G"!S=&%T97,N(#PO9F]N=#X\+W`^#0H- M"CQP('-T>6QE/3-$)VUA#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE2!A;F0@=&AE($1E M;FYY)W,L(%!H;V5N:7@L($%:('!R;W!E2`D M-RPW,#`@=V%S('!A:60@=&\@=&AE($%G96YT(&EN(%-E<'1E;6)E6EN9R!P M=6)L:6,N(#PO9F]N=#X\+W`^#0H-"CQP('-T>6QE/3-$)VUA#LG/CQF;VYT('-T>6QE/3-$)V9O M;G0M9F%M:6QY.B!4:6UE2!/=VYE9"!$96YN>2=S+"!0:&]E;FEX+"!!6B!0 M2`\+W4^/"]F;VYT/CPO<#X-"@T*/'`@3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA2!W87,@97AE8W5T960@870@=&AE($]C=&]B M97(@,3@L(#(P,3$@875C=&EO;B!B>2!A;B!U;F%F9FEL:6%T960@<&%R='D@ M86YD('1H92!P2!W87,@=&AE;B!S;VQD(&EN($YO=F5M8F5R(&]F M(#(P,3$@9F]R('1H92!H:6=H(&)I9"!P#L@;6%R M9VEN+6)O='1O;3H@,'!X.R!F;VYT+7-I>F4Z(#%P>#LG/B9N8G-P.SPO<#X- M"@T*/'`@3H@5&EM97,@3F5W M(%)O;6%N.R<@8VQA#LG/CQF;VYT M('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE"P@05H@<')O M<&5R='D@9&ED(&YO="!S96QL(&%T('1H92!/8W1O8F5R(#$X+"`R,#$Q(&%U M8W1I;VX[(&AO=V5V97(L($UA;F%G96UE;G0@8V]N=&EN=65D('1O(&UA#L@;6%R9VEN+6)O M='1O;3H@,'!X.R<^/&9O;G0@F4],T0R/E1H92!C87)R>6EN M9R!A;6]U;G0@;V8@=&AE('9A8V%N="!0:&]E;FEX+"!!6B!P2!W M87,@2`D,SDP+#$Q-R!D=7)I;F<@=&AE(&9I&EM871E;'D@)#$U,2PW M,#`L('=H:6-H(&EN8VQU9&5D("0Q,C,L,S8Y(')E;&%T960@=&\@;&%N9"P@ M)#(V+#8S,2!R96QA=&5D('1O(&)U:6QD:6YG+"!N970@;V8@86-C=6UU;&%T M960@9&5P2!T M87@@<&%Y86)L92X@/"]F;VYT/CPO<#X-"@T*/'`@#L@;6%R9VEN+6)O='1O;3H@,'!X.R<^/&9O;G0@2!T;R!A;B!U;F%F9FEL:6%T M960@<&%R='D@=V%S(&5X96-U=&5D(&]N($9E8G)U87)Y(#$T+"`R,#$R(&9O M2!A;B!I;F1E<&5N9&5N="!E2X@4&5R('1H92!#;VYT7,@;W5T M(&9R;VT@=&AE(&-O;G1R86-T(&5X96-U=&EO;B!D871E+B!#;&]S:6YG(&-O M2`D,S`L,#`P M+"!W:&EC:"!I;F-L=61E3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA'1E;G-I;VYS(&%N9"!-86YA9V5M96YT(&AA2!T:&%T('1H92!#;VYT3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE2!O9B!#:&%R;&5S=&]N(&UA9&4@82!P=7)C:&%S92!O M9F9E2`U+#`P,"!S<75A2=S+4UT+B!0;&5A#LG M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE2`\+W4^/"]F;VYT/CPO M<#X-"@T*/'`@3H@5&EM97,@ M3F5W(%)O;6%N.R<@8VQA2!H860@8F5E;B!W2!W87,@=&AE;B!S;VQD('1O(&%N('5N869F:6QI871E9"!P M87)T>2!I;B!$96-E;6)E#L@;6%R9VEN+6)O='1O;3H@,'!X.R<^/&9O;G0@#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY M.B!4:6UE&EM871E;'D@)"@T-S@L,#`P*2P@)#4U+#`P,"!A;F0@)#@Q+#`P,"P@ M"P@05H@<')O<&5R='D@ M86YD('1H92!$96YN>2=S+"!0:&]E;FEX+"!!6B!P2!T;R!P2!A;F0@36%R:V5T:6YG($%G2!I;B!397!T96UB97(@;V8@,C`Q,2!T;R!S96QL(&)O=&@@ M;V8@=&AE('!R;W!E2!I;7!A:7)M96YT('=R:71E(&1O=VYS(&]F("0S.3`L,3$W M(')E;&%T960@=&\@=&AE('9A8V%N="!0:&]E;FEX+"!!6B!P2!A M;F0@)#$P-"PW,#4@"P@ M05H@<')O<&5R='DL(&%N9"!T:&4@,C`Q,2!L;W-S(&]F(&%P<')O>&EM871E M;'D@)#$L,#`P(&]N('1H92!F;W5R=&@@<75A2!H96QD M(&9O2!T:&4@0V]U;G1Y(&]F($-H87)L M97-T;VX@9F]R(%)I9VAT(&]F(%=A>2!F;W(@<&QA;FYE9"!R;V%D(&EM<')O M=F5M96YT&EM871E;'D@)#2`D,CDL,#`P(&]N('1H M92!S86QE(&]F('1H92!086YD82!"=69F970@<')O<&5R='DL(&%N9"!T:&4@ M6QE/3-$)VUA#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)VUA#L@;6%R9VEN+6)O='1O;3H@,'!X.R!F;VYT+7-I>F4Z(#$R<'@[)SXF M;F)S<#L\+W`^#0H-"CQT86)L92!S='EL93TS1"=B;W)D97(M8V]L;&%PF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\ M+W1D/@T*/'1D('-T>6QE/3-$)V)O6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UEF4],T0Q/B9N8G-P.SPO9F]N=#X\+W1D/CPO='(^#0H\='(@8F=C M;VQO3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA MF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS M1&)O='1O;3X@/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^(#PO=&0^#0H\ M=&0@=F%L:6=N/3-$8F]T=&]M/B`\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O M;3X\9F]N="!C;&%S6QE/3-$)W1E>'0M M:6YD96YT.B`M,65M.R!M87)G:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0Q/B9N8G-P.R9N8G-P M.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL M93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UE3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQAF4],T0Q/B9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O M='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQA6QE/3-$ M)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY M.B!4:6UE6QE/3-$)W1E>'0M:6YD M96YT.B`M,65M.R!M87)G:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0R/B9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A M;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)V9O M;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UE3H@5&EM97,@3F5W(%)O;6%N M.R<@8VQAF4],T0R/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/CPO='(^#0H\='(^/'1D M('9A;&EG;CTS1'1O<#X-"@T*/'`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`\+W1D/CPO='(^#0H\='(^/'1D('9A;&EG;CTS1'1O<#X-"@T* M/'`@3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQAF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T* M/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL M>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0Q/B9N M8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S M='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R M/C`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`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`^ M/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^#0H-"CQP('-T>6QE/3-$)V)O M"!D;W5B;&4[)SXF;F)S<#L\+W`^/"]T M9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^#0H-"CQP('-T>6QE/3-$)V)O#LG/CQF;VYT('-T>6QE/3-$)V9O M;G0M9F%M:6QY.B!4:6UE6QE M/3-$)VUA#L@;6%R9VEN+6)O='1O;3H@,'!X.R!F;VYT M+7-I>F4Z(#$R<'@[)SXF;F)S<#L\+W`^#0H-"CQT86)L92!S='EL93TS1"=B M;W)D97(M8V]L;&%PF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\ M+W1D/@T*/'1D('-T>6QE/3-$)V)O6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UEF4],T0Q/B9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS M1&)O='1O;3X\9F]N="!C;&%S3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UEF4],T0Q/B9N8G-P.SPO9F]N=#X\ M+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X@/"]T9#X-"CQT9"!V86QI9VX] M,T1B;W1T;VT^(#PO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B`\+W1D/@T* M/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%S6QE/3-$)W1E>'0M:6YD96YT.B`M,65M.R!M87)G:6XM M;&5F=#H@,V5M.R<^/&9O;G0@F4],T0R/E)E;G1A;"!);F-O M;64\+V9O;G0^/"]P/CPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/CQF;VYT M(&-L87-S/3-$7VUT('-I>F4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D M/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A M;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UEF4],T0R/C$P-BPU M,3`\+V9O;G0^/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT@;F]W6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE M6QE/3-$)V9O M;G0M9F%M:6QY.B!4:6UE6QE/3-$ M)W1E>'0M:6YD96YT.B`M,65M.R!M87)G:6XM;&5F=#H@,V5M.R<^/&9O;G0@ MF4],T0R/D]T:&5R($EN8V]M93PO9F]N=#X\+W`^/"]T9#X- M"CQT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M M:6QY.B!4:6UE3H@5&EM97,@3F5W M(%)O;6%N.R<@8VQAF4],T0R/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A M;&EG;CTS1&)O='1O;3X\9F]N="!C;&%S6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UE6QE/3-$)V9O;G0M6QE/3-$)V)O6QE/3-$)V)O6QE/3-$)W1E>'0M:6YD96YT.B`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`C,#`P,#`P(#%P>"!S;VQI M9#LG/B9N8G-P.SPO<#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X-"@T* M/'`@6QE/3-$)V)O6QE/3-$)V)O6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UEF4],T0Q/B9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A M;&EG;CTS1&)O='1O;3X@/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^(#PO M=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B`\+W1D/@T*/'1D('9A;&EG;CTS M1&)O='1O;3X\9F]N="!C;&%S6QE/3-$)W1E>'0M:6YD96YT.B`M,65M.R!M87)G:6XM;&5F=#H@,V5M.R<^ M/&9O;G0@F4],T0R/DEN6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M M9F%M:6QY.B!4:6UE3H@5&EM97,@ M3F5W(%)O;6%N.R<@8VQA3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA MF4],T0Q M/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O M;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N M.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UE6QE/3-$)W1E>'0M:6YD96YT M.B`M,65M.R!M87)G:6XM;&5F=#H@,V5M.R<^/&9O;G0@F4],T0R/B9N8G-P.SPO9F]N=#X\+W1D M/@T*/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/CQF;VYT('-T M>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M M:6QY.B!4:6UE3H@5&EM97,@3F5W M(%)O;6%N.R<@8VQAF4],T0Q/B9N M8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\ M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@ M8VQAF4],T0R/B9N8G-P.R9N M8G-P.SPO9F]N=#X\+W1D/CPO='(^#0H\='(^/'1D('9A;&EG;CTS1'1O<#X- M"@T*/'`@3H@5&EM97,@3F5W M(%)O;6%N.R<@8VQAF4] M,T0R/B9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;2!A M;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE M6QE/3-$)V9O;G0M9F%M:6QY M.B!4:6UE6QE/3-$)V9O;G0M M9F%M:6QY.B!4:6UE3H@5&EM97,@ M3F5W(%)O;6%N.R<@8VQA3H@5&EM97,@3F5W(%)O;6%N.R<@ M8VQA'0M:6YD96YT M.B`M,65M.R!M87)G:6XM8F]T=&]M.B`P<'@[(&UA3H@5&EM97,@3F5W(%)O;6%N M.R<@8VQA'0M:6YD96YT.B`M,65M.R!M87)G:6XM8F]T=&]M.B`Q<'@[(&UA M3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\ M+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F;VYT M+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/C`\+V9O;G0^/"]T M9#X-"CQT9"!V86QI9VX],T1B;W1T;VT@;F]W6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/B9N8G-P.R9N8G-P.SPO M9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%SF4],T0R/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/CPO='(^#0H\='(^ M/'1D('9A;&EG;CTS1'1O<#X-"@T*/'`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`M M,65M.R!M87)G:6XM8F]T=&]M.B`P<'@[(&UA3H@5&EM97,@3F5W(%)O;6%N.R<@ M8VQA6QE/3-$)VUA#L@=&5X="UI M;F1E;G0Z("TQ96T[(&UA#L@;6%R9VEN+6QE9G0Z M(#-E;3LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UE3H@5&EM97,@3F5W(%)O;6%N M.R<@8VQAF4],T0R/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A M;&EG;CTS1&)O='1O;3X\9F]N="!C;&%S3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQAF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG M;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@ M3F5W(%)O;6%N.R<@8VQAF4],T0R/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/CPO='(^#0H\='(@8F=C M;VQO3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA MF4],T0R/B9N8G-P.SPO9F]N=#X\+W1D M/@T*/'1D('9A;&EG;CTS1&)O='1O;2!A;&EG;CTS1')I9VAT/CQF;VYT('-T M>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M M9F%M:6QY.B!4:6UE3H@5&EM97,@ M3F5W(%)O;6%N.R<@8VQA3H@5&EM97,@3F5W(%)O;6%N.R<@ M8VQAF4] M,T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O M='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQAF4],T0R M/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/CPO='(^#0H\='(^/'1D('9A;&EG M;CTS1'1O<#X-"@T*/'`@3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQAF%T:6]N/"]F;VYT/CPO<#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\ M9F]N="!C;&%S6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY M.B!4:6UE6QE/3-$)V9O;G0M M9F%M:6QY.B!4:6UE3H@5&EM97,@ M3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)W1E>'0M:6YD96YT.B`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`C,#`P,#`P(#%P>"!S;VQI9#LG/B9N8G-P.SPO<#X\+W1D/@T*/'1D M('9A;&EG;CTS1&)O='1O;3X-"@T*/'`@3H@5&EM97,@3F5W(%)O;6%N.R<@ M8VQAF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG M;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@ M3F5W(%)O;6%N.R<@8VQA6QE/3-$ M)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$ M)V9O;G0M9F%M:6QY.B!4:6UE3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQA3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQAF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG M;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@ M3F5W(%)O;6%N.R<@8VQA6QE/3-$ M)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M6QE/3-$)V)O"!S;VQI9#LG/B9N8G-P.SPO<#X\+W1D/@T*/'1D/B9N8G-P M.SPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B9N8G-P.SPO=&0^#0H\=&0@ M=F%L:6=N/3-$8F]T=&]M/@T*#0H\<"!S='EL93TS1"=B;W)D97(M=&]P.B`C M,#`P,#`P(#%P>"!S;VQI9#LG/B9N8G-P.SPO<#X\+W1D/@T*/'1D('9A;&EG M;CTS1&)O='1O;3X-"@T*/'`@6QE/3-$)V)O6QE/3-$)W1E>'0M:6YD96YT.B`M,65M.R!M87)G:6XM M;&5F=#H@,65M.R<^/&9O;G0@F4],T0R/DYE="!,;W-S("A) M;F-O;64I(&9R;VT@4F5N=&%L($]P97)A=&EO;G,\+V9O;G0^/"]P/CPO=&0^ M#0H\=&0@=F%L:6=N/3-$8F]T=&]M/CQF;VYT(&-L87-S/3-$7VUT('-I>F4] M,T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O M='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQA6QE/3-$ M)V9O;G0M9F%M:6QY.B!4:6UEF4],T0R/BDF M;F)S<#L\+V9O;G0^/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@ M8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UEF4],T0R/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS M1&)O='1O;3X\9F]N="!C;&%S3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQA3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQAF4Z(#%P>#LG/CQT M9"!V86QI9VX],T1B;W1T;VT^(#PO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M M/B9N8G-P.R9N8G-P.SPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B`\+W1D M/@T*/'1D('9A;&EG;CTS1&)O='1O;3X@/"]T9#X-"CQT9"!V86QI9VX],T1B M;W1T;VT^(#PO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B9N8G-P.SPO=&0^ M#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B`\+W1D/@T*/'1D('9A;&EG;CTS1&)O M='1O;3X@/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^(#PO=&0^#0H\=&0@ M=F%L:6=N/3-$8F]T=&]M/B9N8G-P.R9N8G-P.SPO=&0^#0H\=&0@=F%L:6=N M/3-$8F]T=&]M/@T*#0H\<"!S='EL93TS1"=B;W)D97(M=&]P.B`C,#`P,#`P M(#%P>"!S;VQI9#LG/B9N8G-P.SPO<#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O M='1O;3X-"@T*/'`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`C,#`P,#`P(#%P>"!S;VQI9#LG/B9N8G-P.SPO<#X\+W1D/@T*/'1D('9A M;&EG;CTS1&)O='1O;3X-"@T*/'`@6QE/3-$)V)O6QE/3-$)W1E>'0M:6YD96YT.B`M,65M.R!M87)G M:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0R/DYE="`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`C,#`P,#`P(#-P>"!D M;W5B;&4[)SXF;F)S<#L\+W`^/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^ M#0H-"CQP('-T>6QE/3-$)V)O6QE/3-$)V)O"!D M;W5B;&4[)SXF;F)S<#L\+W`^/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^ M#0H-"CQP('-T>6QE/3-$)V)O'1087)T7S@X9C4P-#-F7S'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/&1I=CX@/'`@#L@ M;6%R9VEN+6)O='1O;3H@,'!X.R<^/&9O;G0@F4],T0R/CQB M/CQU/C0N(%!!4E1.15)32$E0($%'4D5%345.5#H@/"]U/CPO8CX\+V9O;G0^ M/"]P/@T*#0H\<"!S='EL93TS1"=M87)G:6XM=&]P.B`V<'@[(&UA#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE M2!297!O3H@5&EM97,@3F5W M(%)O;6%N.R<@8VQA2!C87-H(&1I7,@ M869T97(@=&AE(&QA#L@;6%R M9VEN+6)O='1O;3H@,'!X.R!F;VYT+7-I>F4Z(#%P>#LG/B9N8G-P.SPO<#X- M"@T*/'`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`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP M92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA2!O9B!T:&4@4')O<&5R=&EE2!F:79E('1O('1W M96YT>2!Y96%R&5S M+"!A;F0@=71I;&ET:65S+B!!8V-O2P@=&AE&5S*2X@36%N M86=E;65N="!H87,@9&5T97)M:6YE9"!T:&%T('1H92!L96%S97,@87)E('!R M;W!E&-L=61I;F<@=&AE(&-O#L@;6%R M9VEN+6)O='1O;3H@,'!X.R<^/&9O;G0@F4],T0R/D%S(&]F M($1E8V5M8F5R(#,Q+"`R,#$Q+"!T:&4@86=G6UE;G1S('1O(&)E(')E8V5I=F5D('5N9&5R('1H M92!C=7)R96YT(&]P97)A=&EN9R!L96%S97,@9F]R('1H92!087)T;F5R6QE/3-$)VUA#L@;6%R9VEN+6)O='1O;3H@ M,'!X.R!F;VYT+7-I>F4Z(#$R<'@[)SXF;F)S<#L\+W`^#0H-"CQT86)L92!S M='EL93TS1"=B;W)D97(M8V]L;&%P6QE/3-$ M)W1E>'0M:6YD96YT.B`M,65M.R!M87)G:6XM;&5F=#H@,65M.R<^/&9O;G0@ MF4],T0R/EEE87(@96YD:6YG($1E8V5M8F5R)FYB6QE/3-$)W1E>'0M:6YD M96YT.B`M,65M.R!M87)G:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0Q/B9N8G-P.R9N8G-P.SPO M9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS M1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE M6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)W1E>'0M:6YD96YT.B`M,65M.R!M87)G M:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0R/C(P,3,\+V9O M;G0^/"]P/CPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/CQF;VYT(&-L87-S M/3-$7VUT('-I>F4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D M('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)W1E>'0M:6YD M96YT.B`M,65M.R!M87)G:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0Q/B9N8G-P.R9N8G-P.SPO M9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS M1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/C@U-BPU M,#`\+V9O;G0^/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT@;F]W6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)W1E>'0M:6YD96YT.B`M,65M.R!M M87)G:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0R/C(P,34\ M+V9O;G0^/"]P/CPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/CQF;VYT(&-L M87-S/3-$7VUT('-I>F4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T* M/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL M>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)W1E>'0M M:6YD96YT.B`M,65M.R!M87)G:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0Q/B9N8G-P.R9N8G-P M.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL M93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/C@Q M,RPX.#(\+V9O;G0^/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT@;F]W6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)W1E>'0M:6YD96YT.B`M,65M M.R!M87)G:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0R/E1H M97)E869T97(\+V9O;G0^/"]P/CPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M M/CQF;VYT(&-L87-S/3-$7VUT('-I>F4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N M=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F M;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/C,N,SDY+C4T M,SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N M;W=R87`^/&9O;G0@F4],T0R/B9N8G-P.R9N8G-P.SPO9F]N M=#X\+W1D/CPO='(^#0H\='(@6QE/3-$)V)OF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T* M/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL M>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/CPO M='(^#0H\='(@"!D;W5B;&4[)SXF;F)S<#L\+W`^/"]T M9#X-"CQT9#XF;F)S<#L\+W1D/CPO='(^/"]T86)L93X-"@T*/'`@#L@;6%R9VEN+6)O='1O;3H@,'!X.R<^/&9O M;G0@F4],T0R/D]P97)A=&EN9R!P97)C96YT86=E(')E;G1S M(&EN8VQU9&5D(&EN(&]P97)A=&EN9R!R96YT86P@:6YC;VUE(&EN(#(P,3$L M(#(P,3`L(&%N9"`R,#`Y('=E2`D-#,Q+#`P,"P@ M)#,Y."PP,#`L(&%N9"`D,SDY+#`P,"P@2=S+"!0:&]E;FEX+"!! M6B`B*$1E;FYY)W,I('!R;W!E6QE/3-$)VUA#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE&EM871E M;'D@-3,E+"`R,24@86YD(#$E+"!R97-P96-T:79E;'DL(&]F('1H92!T;W1A M;"`R,#$Q(&]P97)A=&EN9R!B87-E(')E;G1S+CPO9F]N=#X\+W`^(#PO9&EV M/CQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X- M"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP M92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$3H@5&EM M97,@3F5W(%)O;6%N.R<@8VQA#LG/CQF;VYT('-T M>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE"!B87-E9"!A9&IU&EM=6T@17AP96YS92!R96EM8G5R M2`Q+C8T)2!F2!"87-E($9E92!P86ED(&)Y('1H92!087)T;F5R#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE#L@;6%R9VEN+6)O='1O;3H@,'!X.R<^/&9O;G0@6QE/3-$)VUA#L@;6%R9VEN+6)O='1O;3H@,'!X.R!F;VYT+7-I>F4Z(#$R<'@[ M)SXF;F)S<#L\+W`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`@3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA3H@5&EM97,@3F5W M(%)O;6%N.R<@8VQAF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A M;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM M97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS M1&)O='1O;3X\9F]N="!C;&%S6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)W1E>'0M:6YD96YT.B`M,65M.R!M M87)G:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0R/D]V97)H M96%D(&%L;&]W86YC93PO9F]N=#X\+W`^/"]T9#X-"CQT9"!V86QI9VX],T1B M;W1T;VT^/&9O;G0@8VQA6QE M/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA3H@5&EM97,@3F5W M(%)O;6%N.R<@8VQAF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A M;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM M97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG M;CTS1&)O='1O;3X\9F]N="!C;&%S6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE M6QE/3-$)W1E>'0M:6YD96YT.B`M,65M.R!M87)G:6XM;&5F=#H@ M,65M.R<^/&9O;G0@F4],T0R/D%D=FES;W)Y(&9E92!O;B!S M86QE/"]F;VYT/CPO<#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N M="!C;&%S6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/B9N8G-P M.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N M="!C;&%S6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)W1E>'0M:6YD96YT.B`M,65M.R!M87)G:6XM;&5F M=#H@,65M.R<^/&9O;G0@F4],T0R/DQE87-I;F<@8V]M;6ES MF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\ M+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F;VYT M+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/C4L,S0V/"]F;VYT M/CPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO=W)A<#X\ M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@ M8VQAF4] M,T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O M='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY M.B!4:6UE6QE/3-$)V9O;G0M M9F%M:6QY.B!4:6UE3H@5&EM97,@ M3F5W(%)O;6%N.R<@8VQA3H@5&EM97,@3F5W(%)O;6%N.R<@ M8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UEF4],T0R/B9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O M;2!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UEF4] M,T0R/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O M='1O;3X\9F]N="!C;&%SF4],T0R/B9N8G-P.R9N8G-P.SPO9F]N M=#X\+W1D/CPO='(^#0H\='(@8F=C;VQO3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0Q/B9N8G-P.R9N8G-P.SPO M9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS M1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/C,L,#@Q M/"]F;VYT/CPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS1&YO M=W)A<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQAF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG M;CTS1&)O='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@ M3F5W(%)O;6%N.R<@8VQA3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0Q/B9N8G-P.R9N8G-P M.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL M93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/C,L M,CDP/"]F;VYT/CPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M(&YO=W)A<#TS M1&YO=W)A<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W M(%)O;6%N.R<@8VQAF4Z(#%P>#LG M/CQT9"!V86QI9VX],T1B;W1T;VT^(#PO=&0^#0H\=&0@=F%L:6=N/3-$8F]T M=&]M/B9N8G-P.R9N8G-P.SPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/@T* M#0H\<"!S='EL93TS1"=B;W)D97(M=&]P.B`C,#`P,#`P(#%P>"!S;VQI9#LG M/B9N8G-P.SPO<#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X-"@T*/'`@ M6QE/3-$)V)O6QE/3-$)V)O3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQAF4],T0R/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D M('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%S3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/B9N8G-P.R9N M8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!C M;&%S3H@5&EM97,@3F5W(%)O;6%N M.R<@8VQAF4],T0R/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/CPO='(^#0H\ M='(@"!D;W5B;&4[)SXF;F)S<#L\+W`^/"]T9#X-"CQT M9#XF;F)S<#L\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3XF;F)S<#LF;F)S M<#L\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X-"@T*/'`@"!D;W5B;&4[)SXF;F)S<#L\+W`^/"]T9#X- M"CQT9#XF;F)S<#L\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3XF;F)S<#LF M;F)S<#L\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X-"@T*/'`@"!D;W5B;&4[)SXF;F)S<#L\+W`^/"]T M9#X-"CQT9#XF;F)S<#L\+W1D/CPO='(^/"]T86)L93X-"@T*/'`@#L@;6%R9VEN+6)O='1O;3H@,'!X.R<^/&9O M;G0@F4],T0R/D%T($1E8V5M8F5R(#,Q+"`R,#$Q(&%N9"`R M,#$P+"`D,2PW-3<@86YD("0Q+#@R-2P@65A#L@;6%R9VEN+6)O='1O;3H@,'!X.R<^/&9O;G0@ MF4],T0R/D1U92!T;R!T:&4@1&5N;GDG2!O9B`R,#$Q(&%N9"!I3H@5&EM97,@3F5W(%)O;6%N.R<@ M8VQA3X-"CPO:'1M;#X-"@T*+2TM M+2TM/5].97AT4&%R=%\X.&8U,#0S9E\W-39C7S0T,6%?8F9B,E]F-3`U9&4X M,V9E8S0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO.#AF-3`T,V9? M-S4V8U\T-#%A7V)F8C)?9C4P-61E.#-F96,T+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`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`C,#`P,#`P(#%P>"!S;VQI9#LG/B9N8G-P.SPO M<#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X-"@T*/'`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`U9&4X,V9E8S0-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO.#AF-3`T,V9?-S4V8U\T-#%A7V)F8C)?9C4P-61E M.#-F96,T+U=O'0O:'1M;#L@8VAA6QE/3-$)VUA#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)VUA#L@;6%R9VEN+6)O='1O;3H@,'!X M.R<^/&9O;G0@F4],T0R/D%C8V]R9&EN9R!T;R!T:&4@4&%R M=&YE2!44$<@=V5R92!T;R!B92!E2!O9B!T:&4@9G5N M9',@;6ES87!P2!T M:&4@9F]R;65R(&=E;F5R86P@<&%R=&YE6%B;&4@86YD(&9I9G1Y('!E2!E>&-E961E9"`D-BPP,#`L,#`P(&EN('1H M92!A9V=R96=A=&4L('1H92!R96UA:6YI;F<@97-C2!W97)E(&YO="!A8VAI979E9"P@5%!'('=O=6QD(&-O M;G1R:6)U=&4@=&AE(&%M;W5N=',@97-C2!U;G1I;"!T:&4@4&%R=&YE2!T;R!A(')E2!T:&4@4&%R M=&YE2!P97)C96YT(&]F('1H92!T;W1A;"!D M:7-P;W-I=&EO;B!F964@86UO=6YT('!A:60@=&\@=&AE(%!A2!T:')O=6=H('1H92!R97-T;W)A=&EO;B!A8V-O=6YT("AI M;B!L:65U(&]F('1H92!D:7-P;W-I=&EO;B!F964@97-C2!I;F-O;64L(&UA>2!B92!O=V5D('1O(%101R!I9B!T:&4@)#8L M,#`P+#`P,"!R96-O=F5R>2!L979E;"!I2!L979E;"!I'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/&1I=CX@/'`@#L@ M;6%R9VEN+6)O='1O;3H@,'!X.R<^/&9O;G0@F4],T0R/CQB M/CQU/CDN(%!-02!)3D1%34Y)1DE#051)3TX@5%)54U0Z(#PO=3X\+V(^/"]F M;VYT/CPO<#X-"@T*/'`@3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQA'!E;G-E2!44$2!T;R!A;GD@<&5R M2!I'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/&1I=CX@/'`@3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)VUA#L@;6%R9VEN+6)O='1O;3H@,'!X.R<^/&9O;G0@7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI M(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS M1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQA#LG/CQF;VYT('-T M>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE65R65R6UE;G0@9'5E($YO=F5M8F5R(#$L(#(P,3(N(%!U2!P87EM96YT(&]F('!R:6YC:7!A;"X@0G5Y97)S($YO=&4@86QS;R!R M97%U:7)E&5S('=I M=&@@=&AE(%!A2`Q+"`R,#$Q(&%N9"!T:&5N("0W,#`@<&5R(&UO;G1H(&)E M9VEN;FEN9R!*86YU87)Y(#$L(#(P,3(I+B!4:&4@<')O<&5R='D@=&%X(&5S M8W)O=R!C87-H(&)A;&%N8V4@:&5L9"!B>2!T:&4@4&%R=&YE"!P87EA8FQE(&EN('1H92!C M;VYD96YS960@8F%L86YC92!S:&5E=',@/"]F;VYT/CPO<#X-"@T*/'`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`C,#`P,#`P(#%P>"!S;VQI9#LG M/B9N8G-P.SPO<#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X-"@T*/'`@ M3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4] M,T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O M='1O;3X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O M;6%N.R<@8VQA6QE/3-$ M)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4Z(#%P>#LG/CQT9"!V86QI9VX],T1B;W1T;VT^(#PO=&0^#0H\=&0@ M=F%L:6=N/3-$8F]T=&]M/B9N8G-P.R9N8G-P.SPO=&0^#0H\=&0@=F%L:6=N M/3-$8F]T=&]M/@T*#0H\<"!S='EL93TS1"=B;W)D97(M=&]P.B`C,#`P,#`P M(#-P>"!D;W5B;&4[)SXF;F)S<#L\+W`^/"]T9#X-"CQT9"!V86QI9VX],T1B M;W1T;VT^#0H-"CQP('-T>6QE/3-$)V)O3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\X.&8U M,#0S9E\W-39C7S0T,6%?8F9B,E]F-3`U9&4X,V9E8S0-"D-O;G1E;G0M3&]C M871I;VXZ(&9I;&4Z+R\O0SHO.#AF-3`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`H M87,@9&5S8W)I8F5D(&%B;W9E*2!A2X@/"]F;VYT/CPO<#X-"@T*/'`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`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`],T1N;W=R87`^ M/&9O;G0@F4],T0R/B9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D M('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N;W=R87`@86QI9VX],T1R:6=H M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N M.R<@8VQAF4],T0R/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A M;&EG;CTS1&)O='1O;3X\9F]N="!C;&%S6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE MF4],T0R/B8C.#(Q,CLF M;F)S<#LF;F)S<#L\+V9O;G0^/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT@ M;F]W6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA MF4],T0Q M/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O M;2!N;W=R87`],T1N;W=R87`^/&9O;G0@F4],T0R/B9N8G-P M.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N M;W=R87`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`C,#`P,#`P(#%P>"!S;VQI9#LG/B9N8G-P.SPO<#X\+W1D M/@T*/'1D('9A;&EG;CTS1&)O='1O;3X-"@T*/'`@6QE/3-$)V)O6QE/3-$ M)V)O"!S;VQI9#LG/B9N8G-P.SPO<#X\+W1D/@T* M/'1D/B9N8G-P.SPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B9N8G-P.R9N M8G-P.SPO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/@T*#0H\<"!S='EL93TS M1"=B;W)D97(M=&]P.B`C,#`P,#`P(#%P>"!S;VQI9#LG/B9N8G-P.SPO<#X\ M+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X-"@T*/'`@6QE/3-$)V)O6QE/3-$)W1E>'0M:6YD96YT.B`M,65M M.R!M87)G:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0R/E1O M=&%L('!R;W!EF4],T0Q/B9N8G-P.R9N8G-P M.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`],T1N M;W=R87`^/&9O;G0@F4],T0R/B0\+V9O;G0^/"]T9#X-"CQT M9"!V86QI9VX],T1B;W1T;VT@;F]W6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM M97,@3F5W(%)O;6%N.R<@8VQA3H@5&EM97,@ M3F5W(%)O;6%N.R<@8VQAF4],T0R/B9N8G-P.R9N8G-P M.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%S M6QE M/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$ M)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0Q/B9N8G-P.R9N M8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;2!N;W=R87`] M,T1N;W=R87`^/&9O;G0@F4],T0R/B0\+V9O;G0^/"]T9#X- M"CQT9"!V86QI9VX],T1B;W1T;VT@;F]W6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQA3H@5&EM M97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UEF4] M,T0Q/B9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;2!N M;W=R87`],T1N;W=R87`^/&9O;G0@F4],T0R/B0\+V9O;G0^ M/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT@;F]WF4],T0R/C`\+V9O;G0^/"]T M9#X-"CQT9"!V86QI9VX],T1B;W1T;VT@;F]W6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M6QE/3-$ M)V)O6QE M/3-$)V)O6QE/3-$)V)O6QE/3-$)V)O6QE/3-$)V)O6QE/3-$)V)O6QE/3-$)VUA#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE2!A;F0@=&AE(&9O'!E#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE M65A65A3X-"CPO:'1M;#X-"@T*+2TM+2TM M/5].97AT4&%R=%\X.&8U,#0S9E\W-39C7S0T,6%?8F9B,E]F-3`U9&4X,V9E M8S0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO.#AF-3`T,V9?-S4V M8U\T-#%A7V)F8C)?9C4P-61E.#-F96,T+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R6QE/3-$)VUA#LG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE M#LG M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)VUA#L@;6%R9VEN+6)O='1O;3H@,'!X.R<^/&9O;G0@2!T;R!A;B!U;F%F9FEL:6%T M960@<&%R='D@=V%S(&5X96-U=&5D(&]N($9E8G)U87)Y(#$T+"`R,#$R(&9O M2!A;B!I;F1E<&5N9&5N="!E2X@4&5R('1H92!#;VYT7,@;W5T M(&9R;VT@=&AE(&-O;G1R86-T(&5X96-U=&EO;B!D871E+B!#;&]S:6YG(&-O M2`D,S`L,#`P M+"!W:&EC:"!I;F-L=61E"P@05H@<')O<&5R='D@870@1&5C96UB97(@,S$L(#(P,3$L(&-L87-S:69I M960@87,@<')O<&5R='D@:&5L9"!F;W(@2`D,34Q M+#2!T87@@<&%Y86)L92X@/"]F;VYT/CPO<#X-"@T*/'`@#L@;6%R9VEN+6)O='1O;3H@,'!X.R<^ M/&9O;G0@F4],T0R/E1H92`D,S(U+#`P,"!S86QE2!P97)I;V1S+"!AF4N(%1H97)E9F]R92P@=&AE("0Q-3`L,#`P(&YE="!B M;V]K('9A;'5E(&9O2X@/"]F;VYT/CPO<#X-"@T* M/'`@#L@;6%R9VEN+6)O='1O;3H@ M,'!X.R<^/&9O;G0@F4],T0R/CQU/DQI;6ET960@4&%R=&YE M#LG/CQF;VYT M('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE'0O M:F%V87-C3X-"B`@("`\ M=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/&1I=CX@/'`@3H@5&EM97,@3F5W M(%)O;6%N.R<@8VQA#LG(&%L:6=N/3-$8V5N=&5R/CQF;VYT('-T M>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE M/3-$)VUA#L@;6%R9VEN+6)O='1O;3H@,'!X.R!F;VYT M+7-I>F4Z(#$R<'@[)SXF;F)S<#L\+W`^#0H-"CQT86)L92!S='EL93TS1"=B M;W)D97(M8V]L;&%PF4],T0Q/B9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A M;&EG;CTS1&)O='1O;3X\9F]N="!C;&%SF4],T0Q/B9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS M1&)O='1O;3X\9F]N="!C;&%S3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0Q/B9N8G-P.SPO M9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%SF4],T0Q/B9N8G-P.SPO9F]N=#X\ M+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%SF4],T0Q/D=R;W-S($%M;W5N="!A="!W:&EC:#PO9F]N=#X\8G(@ M+SX\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N M.R<@8VQAF4],T0Q/B9N8G-P.SPO9F]N M=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%SF4],T0Q/B9N8G-P.SPO9F]N=#X\+W1D M/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%SF4],T0Q/B9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D M('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%S#LG(&%L:6=N/3-$8V5N=&5R/CQF;VYT('-T>6QE/3-$)V9O M;G0M9F%M:6QY.B!4:6UE#LG(&%L M:6=N/3-$8V5N=&5R/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE MF4],T0Q M/E!R;W!E"!S;VQI9#LG('9A;&EG;CTS1&)O='1O;2!C;VQS<&%N/3-$,B!A;&EG M;CTS1&-E;G1E3H@5&EM97,@ M3F5W(%)O;6%N.R<@8VQAF4],T0Q/B9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG M;CTS1&)O='1O;3X\9F]N="!C;&%S3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY M.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UE3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQA3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('-T>6QE/3-$ M)V)O6QE M/3-$)V9O;G0M9F%M:6QY.B!4:6UEF4],T0Q/B9N8G-P.SPO9F]N=#X\ M+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%S3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UEF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T* M/'1D('-T>6QE/3-$)V)O6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UEF4],T0Q/B9N8G-P.R9N8G-P.SPO M9F]N=#X\+W1D/@T*/'1D('-T>6QE/3-$)V)O6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE M6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UEF4],T0Q/B9N8G-P.R9N M8G-P.SPO9F]N=#X\+W1D/@T*/'1D('-T>6QE/3-$)V)O6QE/3-$)V9O;G0M9F%M:6QY M.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE M6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)W1E>'0M:6YD96YT.B`M,65M M.R!M87)G:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0R/E-A M;G1A($9E+"!.33PO9F]N=#X\+W`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`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`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`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`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`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`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`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`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`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`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`C,#`P,#`P M(#%P>"!S;VQI9#LG/B9N8G-P.SPO<#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O M='1O;3X-"@T*/'`@6QE/3-$)V)O6QE/3-$)V)O"!S;VQI9#LG/B9N8G-P.SPO<#X\+W1D/@T*/'1D/B9N8G-P.SPO=&0^#0H\ M=&0@=F%L:6=N/3-$8F]T=&]M/B9N8G-P.R9N8G-P.SPO=&0^#0H\=&0@=F%L M:6=N/3-$8F]T=&]M/@T*#0H\<"!S='EL93TS1"=B;W)D97(M=&]P.B`C,#`P M,#`P(#%P>"!S;VQI9#LG/B9N8G-P.SPO<#X\+W1D/@T*/'1D('9A;&EG;CTS M1&)O='1O;3X-"@T*/'`@6QE/3-$)V)O6QE/3-$)V)O"!S;VQI9#LG/B9N8G-P.SPO<#X\+W1D/@T*/'1D/B9N8G-P.SPO=&0^ M#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B9N8G-P.R9N8G-P.SPO=&0^#0H\=&0@ M=F%L:6=N/3-$8F]T=&]M/@T*#0H\<"!S='EL93TS1"=B;W)D97(M=&]P.B`C M,#`P,#`P(#%P>"!S;VQI9#LG/B9N8G-P.SPO<#X\+W1D/@T*/'1D('9A;&EG M;CTS1&)O='1O;3X-"@T*/'`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`\+W1D/@T*/'1D('9A;&EG M;CTS1&)O='1O;3X\9F]N="!C;&%SF4Z(#%P>#LG/CQT9"!V86QI9VX],T1B;W1T;VT^ M(#PO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B9N8G-P.R9N8G-P.SPO=&0^ M#0H\=&0@=F%L:6=N/3-$8F]T=&]M/@T*#0H\<"!S='EL93TS1"=B;W)D97(M M=&]P.B`C,#`P,#`P(#-P>"!D;W5B;&4[)SXF;F)S<#L\+W`^/"]T9#X-"CQT M9"!V86QI9VX],T1B;W1T;VT^#0H-"CQP('-T>6QE/3-$)V)O"!D;W5B;&4[)SXF;F)S<#L\+W`^/"]T9#X- M"CQT9"!V86QI9VX],T1B;W1T;VT^#0H-"CQP('-T>6QE/3-$)V)O"!D;W5B;&4[)SXF;F)S<#L\+W`^/"]T M9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^#0H-"CQP('-T>6QE/3-$)V)O"!D;W5B;&4[)SXF;F)S<#L\+W`^ M/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^#0H-"CQP('-T>6QE/3-$)V)O M"!D;W5B;&4[)SXF;F)S<#L\ M+W`^/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^#0H-"CQP('-T>6QE/3-$ M)V)O6QE M/3-$)V)O6QE/3-$)V)O6QE/3-$)V)O#L@9F]N="US:7IE.B`Q,G!X.R<^)FYB3H@5&EM M97,@3F5W(%)O;6%N.R<@8VQAF%B;&4@=F%L=64@870@1&5C M96UB97(F;F)S<#LS,2P@,3DY."X@/"]F;VYT/CPO=&0^/"]T3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQA3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA M2!A;F0@;6%I;G1E;F%N8V4@96%S96UE;G0N(#PO9F]N=#X\+W1D M/CPO='(^/"]T86)L93X-"@T*/'1A8FQE('-T>6QE/3-$)V)O2!H96QD(&9O2!O M9B!#:&%R;&5S=&]N(&ES('1O('!U6QE/3-$)V)O#L@;6%R9VEN+6)O='1O;3H@,'!X M.R!F;VYT+7-I>F4Z(#%P>#LG/B9N8G-P.SPO<#X-"@T*/'`@3H@5&EM97,@3F5W M(%)O;6%N.R<@8VQA6QE/3-$)VUA#L@;6%R9VEN M+6)O='1O;3H@,'!X.R<@86QI9VX],T1C96YT97(^/&9O;G0@#LG(&%L:6=N/3-$8V5N=&5R/CQF;VYT('-T>6QE/3-$ M)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA#L@9F]N="US:7IE.B`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`\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%SF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D M('9A;&EG;CTS1&)O='1O;3X@/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^ M(#PO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B`\+W1D/@T*/'1D('9A;&EG M;CTS1&)O='1O;3X\9F]N="!C;&%S6QE M/3-$)W1E>'0M:6YD96YT.B`M,65M.R!M87)G:6XM;&5F=#H@,65M.R<^/&9O M;G0@F4],T0R/E9A8V%N="T@4&%R:R!&;W)EF4],T0Q/B9N M8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X@ M/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^(#PO=&0^#0H\=&0@=F%L:6=N M/3-$8F]T=&]M/B`\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!C M;&%SF4],T0R/BDF;F)S<#L\+V9O;G0^/"]T9#X-"CQT9"!V86QI9VX] M,T1B;W1T;VT^/&9O;G0@8VQA6QE/3-$ M)V9O;G0M9F%M:6QY.B!4:6UEF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N M=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X@/"]T9#X-"CQT9"!V86QI M9VX],T1B;W1T;VT^(#PO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B`\+W1D M/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%SF4],T0R/BDF M;F)S<#L\+V9O;G0^/"]T9#X\+W1R/@T*/'1R(&)G8V]L;W(],T0C8V-E969F M/CQT9"!V86QI9VX],T1T;W`^#0H-"CQP('-T>6QE/3-$)W1E>'0M:6YD96YT M.B`M,65M.R!M87)G:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D M/@T*/'1D('9A;&EG;CTS1&)O='1O;3X@/"]T9#X-"CQT9"!V86QI9VX],T1B M;W1T;VT^(#PO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B`\+W1D/@T*/'1D M('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%S3H@5&EM M97,@3F5W(%)O;6%N.R<@8VQAF4],T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T* M/'1D('9A;&EG;CTS1&)O='1O;3X@/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T M;VT^(#PO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B`\+W1D/@T*/'1D('9A M;&EG;CTS1&)O='1O;3X\9F]N="!C;&%S6QE/3-$)W1E>'0M:6YD96YT.B`M,65M.R!M87)G:6XM;&5F=#H@,65M.R<^ M/&9O;G0@F4],T0R/E9A8V%N="T@4&AO96YI>"P@05H@<')O M<&5R='D@:6UP86ER;65N="!W6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O M;G0M9F%M:6QY.B!4:6UEF4],T0Q/B9N8G-P.SPO9F]N=#X\+W1D M/@T*/'1D('9A;&EG;CTS1&)O='1O;3X@/"]T9#X-"CQT9"!V86QI9VX],T1B M;W1T;VT^(#PO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B`\+W1D/@T*/'1D M('9A;&EG;CTS1&)O='1O;3X\9F]N="!C;&%SF4] M,T0Q/B9N8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O M='1O;3X@/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^(#PO=&0^#0H\=&0@ M=F%L:6=N/3-$8F]T=&]M/B`\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\ M9F]N="!C;&%S6QE/3-$)W1E>'0M:6YD96YT.B`M,65M.R!M87)G:6XM;&5F=#H@,65M M.R<^/&9O;G0@F4],T0R/E9A8V%N="T@4&AO96YI>"P@05H@ M<')O<&5R='D@6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA6QE/3-$)V9O;G0M9F%M M:6QY.B!4:6UEF4],T0Q/B9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D M('9A;&EG;CTS1&)O='1O;3X@/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^ M(#PO=&0^#0H\=&0@=F%L:6=N/3-$8F]T=&]M/B`\+W1D/@T*/'1D('9A;&EG M;CTS1&)O='1O;3X\9F]N="!C;&%SF4],T0Q/B9N M8G-P.R9N8G-P.SPO9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X@ M/"]T9#X-"CQT9"!V86QI9VX],T1B;W1T;VT^(#PO=&0^#0H\=&0@=F%L:6=N M/3-$8F]T=&]M/B`\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!C M;&%S6QE/3-$)W1E>'0M:6YD96YT.B`M M,65M.R!M87)G:6XM;&5F=#H@,65M.R<^/&9O;G0@F4],T0R M/D1E;FYY)W,M(%!H;V5N:7@L($%:('!R;W!EF4],T0Q/B9N8G-P.R9N8G-P.SPO M9F]N=#X\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S='EL93TS M1"=F;VYT+69A;6EL>3H@5&EM97,@3F5W(%)O;6%N.R<@8VQAF4],T0R/B@Q,#0L M-S`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`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`^ M/"]T9#X-"CQT9#XF;F)S<#L\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3XF M;F)S<#L\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X-"@T*/'`@"!D;W5B;&4[)SXF;F)S<#L\+W`^/"]T M9#X-"CQT9#XF;F)S<#L\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3XF;F)S M<#L\+W1D/@T*/'1D('9A;&EG;CTS1&)O='1O;3X@/"]T9#X-"CQT9"!V86QI M9VX],T1B;W1T;VT^)FYB6QE/3-$)V)O6QE/3-$)V)O6QE/3-$)VUA#L@;6%R9VEN+6)O M='1O;3H@,'!X.R!F;VYT+7-I>F4Z(#$R<'@[)SXF;F)S<#L\+W`^#0H-"CQT M86)L92!S='EL93TS1"=B;W)D97(M8V]L;&%P6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE M/3-$)V9O;G0M9F%M:6QY.B!4:6UE2!H96QD(&9O6QE/3-$ M)V)O6QE/3-$ M)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE65A6QE/3-$)V9O;G0M9F%M:6QY.B!4:6UE6QE/3-$)V9O;G0M9F%M:6QY.B!4 M:6UE2!H96QD(&9O6QE/3-$)V)O3H@ M5&EM97,@3F5W(%)O;6%N.R<@8VQA3H@5&EM97,@3F5W(%)O;6%N.R<@8VQA M7!E.B!T M97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\>&UL('AM;&YS.F\] M,T0B=7)N.G-C:&5M87,M;6EC XML 22 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6

Statements Of Cash Flows (USD $)
12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

CASH FLOWS FROM OPERATING ACTIVITIES:

Net Income $ 275,643 $ 815,003 $ 772,074

Adjustments to reconcile net income to net cash from operating activities -

Depreciation and amortization 203,868 209,284 213,851

Recovery of amounts previously written off (7,464) (12,429) (11,476)

Provision for non-collectible rents and other receivables 0 0 2,013

Property impairment write-downs 494,822 0 50,000

Net loss (gain) on disposal of assets 1,227 (6,562) (28,604)

Interest applied to Indemnification Trust account (574) (740) (1,023)

(Increase) Decrease in rents and other receivables (36,081) (9,003) 27,100

Decrease (Increase) in property tax cash escrow 12,287 (14,888) (6,509)

(Increase) Decrease in prepaid insurance (1,034) 22,543 927

Decrease in deferred rent receivable 10,450 5,760 10,162

Decrease in property tax receivable 0 0 2,422

(Decrease) Increase in accounts payable and accrued expenses (3,217) 6,952 (48,415)

Decrease in property tax payable (24,383) (1,445) (15,658)

(Decrease) Increase in due to General Partner (68) 6 (2,646)

Decrease in security deposits (18,000) 0 (5,000)

Increase in unearned rental income 0 0 5,000

Net cash from operating activities 907,476 1,014,481 964,218

CASH FLOWS FROM INVESTING ACTIVITIES:

Net proceeds from sale of investment properties 443,773 6,562 127,720

Note receivable, principal payment received 22,991 21,388 2,374

Investment in building improvements 0 0 (9,000)

Payment of leasing commissions (5,346) 0 (21,060)

Recoveries from former General Partner affiliates 7,464 12,429 11,476

Net cash from investing activities 468,882 40,379 111,510

CASH FLOWS USED IN FINANCING ACTIVITIES:

Cash distributions to Limited Partners (1,030,000) (1,175,000) (2,050,000)

Cash distributions to General Partner (3,081) (3,260) (3,290)

Net cash used in financing activities (1,033,081) (1,178,260) (2,053,290)

NET INCREASE (DECREASE) IN CASH 343,277 (123,400) (977,562)

CASH AT BEGINNING OF YEAR 427,973 551,373 1,528,935

CASH AT END OF YEAR 771,250 427,973 551,373

Supplemental Schedule of Noncash Investing Activity

Sale of investment property for note receivable $ 0 $ 0 $ 300,000

X

- Definition

Increase decrease in property and other taxes receivables

+ References

No definition available.

+ Details

Name: cik-000082578_IncreaseDecreaseInPropertyAndOtherTaxesReceivables

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The net cash inflow or outflow for the (increase)decrease in amounts set aside for the payment of real estate taxes.

+ References

No definition available.

+ Details

Name: cik-000082578_IncreaseDecreaseInPropertyTaxCashEscrow

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Amount of interest earnings credited to the Indemnification Trust Account for the reporting period.

+ References

No definition available.

+ Details

Name: cik-000082578_InterestAppliedToIndemnificationTrustAccount

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Investment in building improvements.

+ References

No definition available.

+ Details

Name: cik-000082578_InvestmentInBuildingImprovements

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Total of recoveries of amounts due the Entity from the former general partner affiliates that had been previously written off as uncollectible.

+ References

No definition available.

+ Details

Name: cik-000082578_RecoveriesFromFormerGeneralPartnerAffiliates

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Sale of investment property for note receivable.

+ References

No definition available.

+ Details

Name: cik-000082578_SaleOfInvestmentPropertyForNoteReceivable

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6390789&loc=d3e2420-110228

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 144

-Paragraph 45, 46, 47

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_AssetImpairmentCharges

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Unrestricted cash available for day-to-day operating needs, for an entity that has cash equivalents, but does not aggregate cash equivalents with cash on the balance sheet.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.1)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 1

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 7

-Footnote 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

-URI http://asc.fasb.org/extlink&oid=6506951

+ Details

Name: us-gaap_Cash

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

The increase (decrease) during the reporting period in cash and cash equivalents. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

+ Details

Name: us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_DepreciationDepletionAndAmortization

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The gains (losses) included in earnings resulting from the sale or disposal of tangible assets. This item does not include any gain (loss) recognized on the sale of oil and gas property or timber property.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 144

-Paragraph 47

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2941-110230

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

+ Details

Name: us-gaap_GainLossOnDispositionOfAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The total amount of distributions to the general partner during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

+ Details

Name: us-gaap_GeneralPartnersCapitalAccountDistributionAmount

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the amount due from customers for the credit sale of goods and services; includes accounts receivable and other types of receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the amount due that is the result of the cumulative difference between actual rent due and rental income recognized on a straight-line basis.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInDeferredRentReceivables

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInDeferredRevenue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the aggregate amount of obligations to be paid to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entities' management; an entity and its principal owners, management, or member of their immediate families; affiliates; or other parties with the ability to exert significant influence.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInDueToRelatedParties

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInPrepaidExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The increase (decrease) during the period in the amount of cash payments due to taxing authorities for non-income-related taxes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInPropertyAndOtherTaxesPayable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in security deposits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInSecurityDeposits

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The total amount of distributions to limited partners.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-Subparagraph (SAB TOPIC 4.F)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70434-108055

+ Details

Name: us-gaap_LimitedPartnersCapitalAccountDistributionAmount

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The net cash inflow or outflow from financing activity for the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3574-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The net cash inflow or outflow from investing activity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3574-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 25

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3536-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.22)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.18)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e565-108580

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A7

-Appendix A

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 10, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6519514

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=6518256

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 19

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28, 29, 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 20

-Article 9

+ Details

Name: us-gaap_NetIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Net cash outflow for monetary allowance granted to lessee and/or direct costs incurred by lessor used to prepare the leased premises for tenant's occupancy and costs that are essential to acquiring the lease and would not otherwise have been incurred without the lease agreement, including evaluating the lessee's credit condition, guarantees, and collateral and costs incurred in negotiating, processing, executing the lease agreement, and any commission(s) incurred.

+ References

No definition available.

+ Details

Name: us-gaap_PaymentsForLeasingCostsCommissionsAndTenantImprovements

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The cash inflow associated with principal collections from a borrowing supported by a written promise to pay an obligation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 12

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3179-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 16

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

+ Details

Name: us-gaap_ProceedsFromCollectionOfNotesReceivable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The cash inflow associated with the sale, maturity and collection of all investments such as debt, security and so forth during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 31

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3179-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 16

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 115

-Paragraph 18

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Amount of the current period expense charged against operations, the offset which is generally to the allowance for doubtful accounts for the purpose of reducing receivables, including notes receivable, to an amount that approximates their net realizable value (the amount expected to be collected).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.5)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_ProvisionForDoubtfulAccounts

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Total of recoveries of amounts due the Entity that had previously been written off as uncollectible using allowances (the valuation accounts that are netted against the cost of an asset to value it at its carrying value) and total of reestablishments of reserves (liabilities established to represent expected future costs) that had previously been utilized.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 09

-Article 12

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e24092-122690

+ Details

Name: us-gaap_ValuationAllowancesAndReservesRecoveries

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

XML 23 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6

Balance Sheets (USD $)

Dec. 31, 2011

Dec. 31, 2010

ASSETS

Land $ 2,956,118 $ 3,853,775

Buildings 5,028,699 5,879,051

Accumulated depreciation (3,684,775) (4,178,495)

Net investment properties 4,300,042 5,554,331

OTHER ASSETS:

Cash 771,250 427,973

Cash held in Indemnification Trust (Note 9) 451,961 451,387

Property tax cash escrow 28,130 40,417

Rents and other receivables 430,048 403,913

Property held for sale (Note 3) 185,664 33,991

Deferred rent receivable 1,767 12,217

Prepaid insurance 4,910 5,469

Deferred charges, net 221,789 255,844

Note receivable (Note 11) 253,247 276,238

Total other assets 2,348,766 1,907,449

Total assets 6,648,808 7,461,780

LIABILITIES AND PARTNERS' CAPITAL

Accounts payable and accrued expenses 14,586 20,098

Property tax payable 28,134 60,088

Due to General Partner (Note 6) 1,757 1,825

Security deposits 70,440 88,440

Unearned rental income 5,000 5,000

Total current liabilities 119,917 175,451

CONTINGENCIES AND COMMITMENTS (Notes 8 and 9)

PARTNERS' CAPITAL: (Notes 1, 4 and 10)

Cumulative net income 315,120 312,364

Cumulative cash distributions (131,952) (128,871)

Total general partners' capital 183,168 183,493

Limited Partners (46,280.3 interests outstanding at December 31, 2011 and 2010)

Capital contributions, net of offering costs 39,358,468 39,358,468

Cumulative net income 37,562,752 37,289,865

Cumulative cash distributions (69,735,268) (68,705,268)

Reallocation of former general partners' deficit capital (840,229) (840,229)

Total limited partners' capital 6,345,723 7,102,836

Total partners' capital 6,528,891 7,286,329

Total liabilities and partners' capital $ 6,648,808 $ 7,461,780

X

- Definition

Capital Contributions, Net of Offering Costs

+ References

No definition available.

+ Details

Name: cik-000082578_CapitalContributionsNetOfOfferingCosts

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

The amount of cash and cash equivalents held by a third-party trustee pursuant to the terms of an agreement which assets are available to be used by beneficiaries to that agreement only within the specific terms thereof.

+ References

No definition available.

+ Details

Name: cik-000082578_CashHeldInIndemnificationTrust

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

The sum of the carrying amounts as of the balance sheet date of all other assets.

+ References

No definition available.

+ Details

Name: cik-000082578_OtherAssetsNet

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

The reallocation of the former general partners' deficit capital account to the limited partners capital account.

+ References

No definition available.

+ Details

Name: cik-000082578_ReallocationOfFormerGeneralPartnersDeficitCapital

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Amount due from customers, clients, or other third-parties, or arising from transactions not separately disclosed, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value.

+ References

No definition available.

+ Details

Name: us-gaap_AccountsAndOtherReceivablesNetCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 9

-Section 03

-Paragraph 15

-Subparagraph 1, 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 7

-Section 03

-Paragraph 15

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.15)

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.15(1),(5))

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

+ Details

Name: us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 7

-Section 03

-Paragraph 12

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Topic 210

-SubTopic 10

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

-Section S99

-Name Accounting Standards Codification

-Publisher FASB

-Paragraph 1

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Concepts (CON)

-Number 6

-Paragraph 25

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 18

-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.18)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_Assets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Details

Name: us-gaap_AssetsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_AssetsCurrentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Unrestricted cash available for day-to-day operating needs, for an entity that has cash equivalents, but does not aggregate cash equivalents with cash on the balance sheet.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.1)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 1

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 7

-Footnote 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

-URI http://asc.fasb.org/extlink&oid=6506951

+ Details

Name: us-gaap_Cash

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.17)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 17

-Article 9

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 7

-Section 03

-Paragraph 19

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 25

-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.(a),19)

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 450

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14326-108349

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 8, 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.25)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_CommitmentsAndContingencies

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

This element represents costs incurred by the lessor that are (a) costs to originate a lease incurred in transactions with independent third parties that (i) result directly from and are essential to acquire that lease and (ii) would not have been incurred had that leasing transaction not occurred and (b) certain costs directly related to specified activities performed by the lessor for that lease. Those activities are: evaluating the prospective lessee's financial condition; evaluating and recording guarantees, collateral, and other security arrangements; negotiating lease terms; preparing and processing lease documents; and closing the transaction. This element is net of accumulated amortization.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 20

-Section 25

-Paragraph 16

-URI http://asc.fasb.org/extlink&oid=6748888&loc=d3e40588-112709

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 20

-Section 35

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6453741&loc=d3e40879-112712

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 13

-Paragraph 5

-Subparagraph m

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 13

-Paragraph 19

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 20

-Section 25

-Paragraph 17

-URI http://asc.fasb.org/extlink&oid=6748888&loc=d3e40246-112709

+ Details

Name: us-gaap_DeferredCostsLeasingNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

The cumulative difference between the rental payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense over the term of the leased property, by the lessor or lessee, respectively. Such receivable is reduced by allowances attributable to, for instance, credit risk associated with a lessee.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 20

-Section 35

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6453741&loc=d3e40879-112712

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 20

-Section 25

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6453417&loc=d3e39896-112707

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Technical Bulletin (FTB)

-Number 85-3

-Paragraph 2

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 20

-Section 25

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6453417&loc=d3e39927-112707

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 13

-Paragraph 19

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.8)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_DeferredRentReceivablesNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Amount of deferred revenue as of balance sheet date. Deferred revenue represents collections of cash or other assets related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 13

-Section A

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 13.A.4(a).Q1 Response)

-URI http://asc.fasb.org/extlink&oid=6600647&loc=d3e214044-122780

+ Details

Name: us-gaap_DeferredRevenue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Carrying amount as of the balance sheet date of obligations due all related parties.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 7

-Section 03

-Paragraph 17

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 57

-Paragraph 2

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(k)(1))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 4

-Section 08

-Paragraph k

-Subparagraph 1

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 9

-Section 03

-Paragraph 15

-Subparagraph 3, 4

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.17)

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (d)

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.15(3),(4))

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

+ Details

Name: us-gaap_DueToRelatedPartiesCurrentAndNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

The designation of funds furnished by a borrower to a lender to assure future payments of the borrower's real estate taxes and insurance obligations with respect to a mortgaged property. Escrow deposits may be made for a variety of other purposes such as earnest money and contingent payments. This element excludes replacement reserves which are an escrow separately provided for within the US GAAP taxonomy.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.10)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

+ Details

Name: us-gaap_EscrowDeposit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

The amount of the general partner's ownership interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-Subparagraph (SAB TOPIC 4.F)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section F

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Practice Bulletin (PB)

-Number 14

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_GeneralPartnersCapitalAccount

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Aggregate cumulative cash distributions made to the general partner.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70434-108055

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section F

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-Subparagraph (SAB TOPIC 4.F)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

+ Details

Name: us-gaap_GeneralPartnersCumulativeCashDistributions

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Aggregate cumulative earnings allocated to the general partner based on the sharing of income or losses between general and limited partners as specified in the partnership agreement, excluding any priority income allocations resulting from incentive distributions or any special earnings allocations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-Subparagraph (SAB TOPIC 4.F)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70434-108055

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section F

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 2, 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_GeneralPartnersCumulativeNetIncome

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Aggregate of the carrying amounts as of the balance sheet date of investments in building and building improvements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.1(d))

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

Name: us-gaap_InvestmentBuildingAndBuildingImprovements

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Carrying amount as of the balance sheet date of real estate held for productive use. This excludes land held for sale.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 4

-Subparagraph (e)

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6812-107765

+ Details

Name: us-gaap_Land

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19-26)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_Liabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 32

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.32)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 7

-Section 03

-Paragraph 25

+ Details

Name: us-gaap_LiabilitiesAndStockholdersEquity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Details

Name: us-gaap_LiabilitiesAndStockholdersEquityAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The amount of the limited partners' ownership interests.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-Subparagraph (SAB TOPIC 4.F)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70434-108055

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section F

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Practice Bulletin (PB)

-Number 14

-Paragraph 2, 10, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_LimitedPartnersCapitalAccount

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Details

Name: us-gaap_LimitedPartnersCapitalAccountAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Aggregate cumulative cash distributions made to the limited partners.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70434-108055

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section F

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-Subparagraph (SAB TOPIC 4.F)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

+ Details

Name: us-gaap_LimitedPartnersCumulativeCashDistributions

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Aggregate cumulative earnings allocated to the limited partners based on the sharing of income or losses between general and limited partners as specified in the partnership agreement, excluding any priority income allocations resulting from incentive distributions or special earnings allocations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70434-108055

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section F

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-Subparagraph (SAB TOPIC 4.F)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

+ Details

Name: us-gaap_LimitedPartnersCumulativeNetIncome

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

For an unclassified balance sheet, an amount representing an agreement for an unconditional promise by the maker to pay the Entity (holder) a definite sum of money at a future date, net of any write-downs taken for collection uncertainty on the part of the holder. Such amount may include accrued interest receivable in accordance with the terms of the note. The note also may contain provisions and related items including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among a myriad of other features and characteristics. This amount does not include amounts related to receivables held-for-sale.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.3)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_NotesReceivableNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

The amount of ownership interest of different classes of partners in limited partnership.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70434-108055

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 3

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Practice Bulletin (PB)

-Number 14

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_PartnersCapital

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Details

Name: us-gaap_PartnersCapitalAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Carrying amount as of the balance sheet date of unamortized costs of insurance coverage, which will be charged against earnings ratably over the period in which contractually agreed upon coverage's will be in effect; such periods expire within one year or the normal operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-Subparagraph (g)(1)

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6676-107765

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 340

-SubTopic 10

-Section 05

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6386993&loc=d3e5879-108316

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Section A

-Paragraph 4

-Chapter 3

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 340

-SubTopic 10

-Section 05

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6386993&loc=d3e5865-108316

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Current Assets

-URI http://asc.fasb.org/extlink&oid=6509628

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6787-107765

+ Details

Name: us-gaap_PrepaidInsurance

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Carrying amount as of the balance sheet date of investments in land and buildings held for sale, excluding real estate considered to be inventory of the entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.1(f))

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

Name: us-gaap_RealEstateHeldforsale

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

The cumulative amount of depreciation for real estate property held for investment purposes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 7

-Section 03

-Paragraph 1

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.1(3))

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

Name: us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

The net book value of real estate property held for investment purposes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.1(d))

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

Name: us-gaap_RealEstateInvestmentPropertyNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

This element represents money paid in advance to protect the provider of a product or service, such as a lessor, against damage or nonpayment by the buyer or tenant (lessee) during the term of the agreement. Such damages may include physical damage to the property, theft of property, and other contractual breaches. Security deposits held may be interest or noninterest bearing.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.15(a))

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

Name: us-gaap_SecurityDepositLiability

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 9

-Section 03

-Paragraph 15

-Subparagraph 1, 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 7

-Section 03

-Paragraph 15

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.15)

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.15)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

+ Details

Name: us-gaap_TaxesPayableCurrentAndNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 24 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6

Statements Of Partners' Capital (USD $)

Cumulative Net Income [Member]

General Partner [Member]

Cumulative Net Income [Member]

Limited Partners [Member]

Cumulative Cash Distributions [Member]

General Partner [Member]

Cumulative Cash Distributions [Member]

Limited Partners [Member]

Capital Contributions, Net Of Offering Costs [Member]

Limited Partners [Member]

Reallocation [Member]

Limited Partners [Member]

General Partner [Member]

Limited Partners [Member]

Total

BALANCE at Dec. 31, 2008 $ 296,493 $ 35,718,659 $ (122,321) $ (65,480,268) $ 39,358,468 $ (840,229) $ 174,172 $ 8,756,630 $ 8,930,802

Cash Distributions (3,290) (2,050,000) (3,290) (2,050,000) (2,053,290)

Net Income 7,721 764,353 7,721 764,353 772,074

BALANCE at Dec. 31, 2009 304,214 36,483,012 (125,611) (67,530,268) 39,358,468 (840,229) 178,603 7,470,983 7,649,586

Cash Distributions (3,260) (1,175,000) (3,260) (1,175,000) (1,178,260)

Net Income 8,150 806,853 8,150 806,853 815,003

BALANCE at Dec. 31, 2010 312,364 37,289,865 (128,871) (68,705,268) 39,358,468 (840,229) 183,493 7,102,836 7,286,329

Cash Distributions (3,081) (1,030,000) (3,081) (1,030,000) (1,033,081)

Net Income 2,756 272,887 2,756 272,887 275,643

BALANCE at Dec. 31, 2011 $ 315,120 $ 37,562,752 $ (131,952) $ 69,735,268 $ 39,358,468 $ (840,229) $ 183,168 $ 6,345,723 $ 6,528,891

X

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.22)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.18)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e565-108580

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A7

-Appendix A

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 10, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6519514

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=6518256

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 19

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28, 29, 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 20

-Article 9

+ Details

Name: us-gaap_NetIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The amount of ownership interest of different classes of partners in limited partnership.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70434-108055

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 3

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Practice Bulletin (PB)

-Number 14

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_PartnersCapital

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Total distributions to each class of partners (i.e., general, limited and preferred partners).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Practice Bulletin (PB)

-Number 14

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_PartnersCapitalAccountDistributions

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

XML 25 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6

Schedule III - Investment Properties And Accumulated Depreciation
12 Months Ended

Dec. 31, 2011

Schedule III - Investment Properties And Accumulated Depreciation [Abstract]

Schedule III - Investment Properties And Accumulated Depreciation

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

SCHEDULE III – INVESTMENT PROPERTIES AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2011

 Initial Cost to Partnership Gross Amount at which
Carried at End of Year
Life on
which

Depreciation
in

Property
 Encumbrances Land Building
and
Improvements Costs
Capitalized
Subsequent
to
Acquisitions Land Building and
Improvements Total Accumulated
Depreciation Date of
Construction Date
Acquired latest
statement
of
operations
is computed
(years)

Santa Fe, NM
 — — 451,230 — — 451,230 451,230 332,682 — 10/10/88 31.5

Augusta, GA (2)
 — 215,416 434,178 — 213,226 434,177 647,403 324,110 — 12/22/88 31.5

Charleston, SC
 — 273,619 323,162 — 273,619 323,162 596,781 241,238 — 12/22/88 31.5

Aiken, SC
 — 402,549 373,795 — 402,549 373,795 776,344 277,917 — 2/21/89 31.5

Augusta, GA
 — 332,154 396,659 — 332,154 396,659 728,813 294,916 — 2/21/89 31.5

Mt. Pleasant, SC (3)
 — 286,060 294,878 — 252,069 294,878 546,947 219,242 — 2/21/89 31.5

Charleston, SC
 — 273,625 254,500 — 273,625 254,500 528,125 189,221 — 2/21/89 31.5

Aiken, SC
 — 178,521 455,229 — 178,521 455,229 633,750 338,463 — 3/14/89 31.5

Des Moines, IA (1) (4)
 — 164,096 448,529 $ 296,991 161,996 560,057 722,053 423,284 1989 8/1/89 31.5

North Augusta, SC
 — 250,859 409,297 — 250,859 409,297 660,156 290,670 — 12/29/89 31.5

Martinez, GA
 — 266,175 367,575 — 266,175 367,575 633,750 261,041 — 12/29/89 31.5

Columbus, OH
 — 351,325 708,141 — 351,325 708,140 1,059,465 491,991 — 6/1/90 31.5



















 $ 0 $ 2,994,399 $ 4,917,173 $ 296,991 $ 2,956,118 $ 5,028,699 $ 7,984,817 $ 3,684,775



















(1) This property was written down to its estimated net realizable value at December 31, 1998.

(2) In the Fourth Quarter of 2001, a portion of the land was purchased from the Partnership by the County Commission for utility and maintenance easement.

(3) In the Fourth Quarter of 2010, a portion of the land was reclassified to property held for as the City of Charleston is to purchase the land for right of way purposes.

(4) Building improvements were incurred at the property during the fourth quarter of 2009.

DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

SCHEDULE III – INVESTMENT PROPERTIES AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2011

(B) Reconciliation of "Investment Properties and Accumulated Depreciation":

Investment Properties
 Year Ended
December 31,
2011 Year Ended
December 31,
2010
Accumulated Depreciation
 Year Ended
December 31,
2011 Year Ended
December 31,
2010

Balance at beginning of year
 $ 9,732,826 $ 10,022,119 Balance at beginning of year $ 4,178,495 $ 4,260,745

Additions:
 Additions charged to costs and expenses 164,467 173,052

Deletions:


Vacant- Park Forest, IL reclassified and sold (1)
 (255,302 ) Vacant- Park Forest, IL reclassified and sold (1) (255,302 )

Wendy's- North Augusta, SC reclassified (2)
 (33,991 )

Vacant- Phoenix, AZ property impairment write-down (3)
 (390,117 )

Vacant- Phoenix, AZ property reclassified (4)
 (475,782 )

Denny's- Phoenix, AZ property impairment write-down (5)
 (104,705 ) (325,782 )

Denny's- Phoenix, AZ reclassified and sold (6)
 (777,405 ) (332,405 )





Balance at end of year
 $ 7,984,817 $ 9,732,826 Balance at end of year $ 3,684,775 $ 4,178,495





(1) The property was reclassified to property held for sale in the third quarter of 2010 and sold in the fourth quarter of 2010.

(2) A portion of the land was reclassified to property held for sale in the fourth quarter of 2010 as the City of Charleston is to purchase the land for right of way purposes.

(3) The property was written-down to its estimated fair value of $150,000 during the fiscal year 2011.

(4) The property was reclassified to property held for sale in the third quarter of 2011.

(5) The property was written-down to its estimated fair value, less costs to sale, of $475,000 during the third quarter of 2011.

(6) The property was reclassified to property held for sale in the third quarter of 2011 and sold in the fourth quarter of 2011.

X

- Details

Name: us-gaap_RealEstateAndAccumulatedDepreciationDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for real estate and accumulated depreciation. This may include a schedule that describes the property and lists the initial cost of land, buildings and improvements, improvements and carrying costs capitalized after acquisition, and the total carrying cost for land, buildings and improvements for each property and in aggregate. The schedule also lists the accumulated depreciation for each property and in aggregate, the date each property was constructed and acquired, the useful life used to calculate depreciation and any encumbrances on the properties. The entity provides a reconciliation of the carrying amount of real estate from the beginning of the period to the end of the period. Any real estate investments that have been written down or reserved against are described, including the basis of the write-down. A material amount of intercompany profit in the total carrying amount of real estate is disclosed. The aggregate cost of all real estate investments for federal income tax purposes is also disclosed.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 970

-SubTopic 360

-Section S99

-Paragraph 1

-Subparagraph (SX 210.12-28)

-URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph c

-Subparagraph Schedule III

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 28

-Article 12

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 10

-Section S99

-Paragraph 6

-Subparagraph (SX 210.5-04.(c) Schedule III)

-URI http://asc.fasb.org/extlink&oid=6882300&loc=d3e5864-122674

+ Details

Name: us-gaap_RealEstateAndAccumulatedDepreciationDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 26 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "
"+ text.join( "

\n" ) +"
"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "
" + text[p] + "
\n"; } } }else{ formatted = '
' + raw + '
'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+'
'+formatted+'
'+ "\n"+'
'+ "\n"+'
'+raw+'
'+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } } XML 27 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6

Statements Of Partners' Capital (Parenthetical) (USD $)
12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Statements Of Partners' Capital [Abstract]

Cash distributions per limited partnership interest $ 22.26 $ 25.39 $ 44.30

X

- Definition

Cash distributions per limited partnership interest.

+ References

No definition available.

+ Details

Name: cik-000082578_CashDistributionsPerLimitedPartnershipInterest

Namespace Prefix: cik-000082578_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_StatementOfPartnersCapitalAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 28 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6

Balance Sheets (Parenthetical)

Dec. 31, 2011

Dec. 31, 2010

Balance Sheets [Abstract]

Limited Partners' capital account, interests outstanding 46,280.3 46,280.3

X

- Definition

The number of limited partner units outstanding.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-Subparagraph (SAB TOPIC 4.F)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70434-108055

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section F

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Practice Bulletin (PB)

-Number 14

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Details

Name: us-gaap_StatementOfFinancialPositionAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 29 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6

PMA Indemnification Trust
12 Months Ended

Dec. 31, 2011

PMA Indemnification Trust [Abstract]

PMA Indemnification Trust

9. PMA INDEMNIFICATION TRUST:

The PMA provides that TPG will be indemnified from any claims or expenses arising out of or relating to TPG serving in such capacity or as substitute general partner, so long as such claims do not arise from fraudulent or criminal misconduct by TPG. The PMA provides that the Partnership fund this indemnification obligation by establishing a reserve of up to $250,000 of Partnership assets which would not be subject to the claims of the Partnership's creditors. An Indemnification Trust ("Trust") serving such purposes has been established at United Missouri Bank, N.A. The corpus of the Trust has been fully funded with Partnership assets. Funds are invested in U.S. Treasury securities. In addition, $201,961 of earnings has been credited to the Trust as of December 31, 2011. The rights of TPG to the Trust will be terminated upon the earliest to occur of the following events: (i) the written release by TPG of any and all interest in the Trust; (ii) the expiration of the longest statute of limitations relating to a potential claim which might be brought against TPG and which is subject to indemnification; or (iii) a determination by a court of competent jurisdiction that TPG shall have no liability to any person with respect to a claim which is subject to indemnification under the PMA. At such time as the indemnity provisions expire or the full indemnity is paid, any funds remaining in the Trust will revert back to the general funds of the Partnership.

X

- Details

Name: cik-000082578_PmaIndemnificationTrustAbstract

Namespace Prefix: cik-000082578_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for capital requirements for trust assets under management.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 505

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6918689&loc=d3e65217-112826

+ Details

Name: us-gaap_CapitalRequirementsOnTrustAssetsTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 30 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6

Document And Entity Information (USD $)
12 Months Ended

Dec. 31, 2011

Jan. 17, 2012

Document And Entity Information [Abstract]

Document Type 10-K

Amendment Flag false

Document Period End Date Dec. 31, 2011

Document Fiscal Year Focus 2011

Document Fiscal Period Focus FY

Entity Registrant Name DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP

Entity Central Index Key 0000825788

Current Fiscal Year End Date --12-31

Entity Filer Category Smaller Reporting Company

Entity Common Stock, Shares Outstanding 0

Entity Current Reporting Status Yes

Entity Voluntary Filers No

Entity Well-known Seasoned Issuer No

Entity Public Float $ 0

X

- Details

Name: cik-000082578_DocumentAndEntityInformationAbstract

Namespace Prefix: cik-000082578_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

If the value is true, then the document as an amendment to previously-filed/accepted document.

+ References

No definition available.

+ Details

Name: dei_AmendmentFlag

Namespace Prefix: dei_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition

End date of current fiscal year in the format --MM-DD.

+ References

No definition available.

+ Details

Name: dei_CurrentFiscalYearEndDate

Namespace Prefix: dei_

Data Type: xbrli:gMonthDayItemType

Balance Type: na

Period Type: duration

X

- Definition

This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.

+ References

No definition available.

+ Details

Name: dei_DocumentFiscalPeriodFocus

Namespace Prefix: dei_

Data Type: dei:fiscalPeriodItemType

Balance Type: na

Period Type: duration

X

- Definition

This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.

+ References

No definition available.

+ Details

Name: dei_DocumentFiscalYearFocus

Namespace Prefix: dei_

Data Type: xbrli:gYearItemType

Balance Type: na

Period Type: duration

X

- Definition

The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.

+ References

No definition available.

+ Details

Name: dei_DocumentPeriodEndDate

Namespace Prefix: dei_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, N-1A, etc). The document type is limited to the same value as the supporting SEC submission type, minus any "/A" suffix. The acceptable values are as follows: S-1, S-3, S-4, S-11, F-1, F-3, F-4, F-9, F-10, 6-K, 8-K, 10, 10-K, 10-Q, 20-F, 40-F, N-1A, 485BPOS, 497, NCSR, N-CSR, N-CSRS, N-Q, 10-KT, 10-QT, 20-FT, POS AM and Other.

+ References

No definition available.

+ Details

Name: dei_DocumentType

Namespace Prefix: dei_

Data Type: dei:submissionTypeItemType

Balance Type: na

Period Type: duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12b

-Subsection 1

+ Details

Name: dei_EntityCentralIndexKey

Namespace Prefix: dei_

Data Type: dei:centralIndexKeyItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate number of shares outstanding of each of registrant's classes of common stock, as of latest practicable date. Where multiple classes exist define each class by adding class of stock items such as Common Class A [Member], Common Class B [Member] onto the Instrument [Domain] of the Entity Listings, Instrument

+ References

No definition available.

+ Details

Name: dei_EntityCommonStockSharesOutstanding

Namespace Prefix: dei_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.

+ References

No definition available.

+ Details

Name: dei_EntityCurrentReportingStatus

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, or (4) Smaller Reporting Company. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.

+ References

No definition available.

+ Details

Name: dei_EntityFilerCategory

Namespace Prefix: dei_

Data Type: dei:filerCategoryItemType

Balance Type: na

Period Type: duration

X

- Definition

State aggregate market value of voting and non-voting common equity held by non-affiliates computed by reference to price at which the common equity was last sold, or average bid and asked price of such common equity, as of the last business day of registrant's most recently completed second fiscal quarter. The public float should be reported on the cover page of the registrants form 10K.

+ References

No definition available.

+ Details

Name: dei_EntityPublicFloat

Namespace Prefix: dei_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12b

-Subsection 1

+ Details

Name: dei_EntityRegistrantName

Namespace Prefix: dei_

Data Type: xbrli:normalizedStringItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

+ References

No definition available.

+ Details

Name: dei_EntityVoluntaryFilers

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.

+ References

No definition available.

+ Details

Name: dei_EntityWellKnownSeasonedIssuer

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

XML 31 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6

Former General Partners' Capital Accounts
12 Months Ended

Dec. 31, 2011

Former General Partners' Capital Accounts [Abstract]

Former General Partners' Capital Accounts

10. FORMER GENERAL PARTNERS' CAPITAL ACCOUNTS:

The capital account balance of the former general partners as of May 26, 1993, the date of their removal as general partners pursuant to the results of a solicitation of written consents from the Limited Partners, was a deficit of $840,229. At December 31, 1993, the former general partners' deficit capital account balance in the amount of $840,229 was reallocated to the Limited Partners.

X

- Details

Name: cik-000082578_FormerGeneralPartnersCapitalAccountsAbstract

Namespace Prefix: cik-000082578_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Former General Partners' Capital Accounts [Text block]

+ References

No definition available.

+ Details

Name: cik-000082578_FormerGeneralPartnersCapitalAccountsTextBlock

Namespace Prefix: cik-000082578_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 32 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6

Statements Of Income (USD $)
12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

OPERATING REVENUES:

Rental income (Note 5) $ 1,456,112 $ 1,425,617 $ 1,427,925

TOTAL OPERATING REVENUES 1,456,112 1,425,617 1,427,925

EXPENSES:

Partnership management fees (Note 6) 244,943 241,579 240,841

Restoration fees (Note 6) 299 497 459

Insurance 5,892 29,105 34,541

General and administrative 63,355 65,594 102,635

Advisory Board fees and expenses 10,500 10,500 10,000

Professional services 226,482 177,514 197,732

Personal property taxes 820 820 820

Depreciation 150,106 150,106 149,894

Amortization 29,021 29,242 19,385

TOTAL OPERATING EXPENSES 731,418 704,957 756,307

OTHER INCOME

Other interest income 2,462 2,638 3,498

Note receivable interest income (Note 11) 19,273 20,876 1,148

Other income 240 3,904 3,408

Recovery of amounts previously written off (Note 2) 7,464 12,429 11,476

TOTAL OTHER INCOME 29,439 39,847 19,530

INCOME FROM CONTINUING OPERATIONS 754,133 760,507 691,148

(LOSS) INCOME FROM DISCONTINUED OPERATIONS (Note 3) (478,490) 54,496 80,926

NET INCOME 275,643 815,003 772,074

NET INCOME- GENERAL PARTNER 2,756 8,150 7,721

NET INCOME- LIMITED PARTNERS 272,887 806,853 764,353

Net Income $ 275,643 $ 815,003 $ 772,074

PER LIMITED PARTNERSHIP INTEREST, Based on 46,280.3 interests outstanding:

INCOME FROM CONTINUING OPERATIONS $ 16.13 $ 16.27 $ 14.79

(LOSS) INCOME FROM DISCONTINUED OPERATIONS $ (10.23) $ 1.16 $ 1.73

NET INCOME PER LIMITED PARTNERSHIP INTEREST $ 5.90 $ 17.43 $ 16.52

X

- Definition

Advisory Board fees and expenses.

+ References

No definition available.

+ Details

Name: cik-000082578_AdvisoryBoardFeesAndExpenses

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Note receivable interest income.

+ References

No definition available.

+ Details

Name: cik-000082578_NoteReceivableInterestIncome

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The total amount of rental income recognized for the period from operating leases, including minimum lease revenue, percentage rents revenue and adjustments for straight-line rents.

+ References

No definition available.

+ Details

Name: cik-000082578_RentalIncome

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The fees paid in relation to the collection of recoveries of amounts due the Entity from former general partner affiliates that had been previously written off as uncollectible.

+ References

No definition available.

+ Details

Name: cik-000082578_RestorationFees

Namespace Prefix: cik-000082578_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 2

-Subparagraph (a)(2)

-URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16323-109275

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 45

-Subparagraph a(2)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6388964&loc=d3e16225-109274

+ Details

Name: us-gaap_AmortizationOfIntangibleAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_Depreciation

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_EarningsPerLimitedPartnershipUnitAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.4)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_GeneralAndAdministrativeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

This element represents the income or loss from continuing operations attributable to the parent which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests, if any.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 29

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 18

-URI http://asc.fasb.org/extlink&oid=6921628&loc=SL4613673-111683

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph b(1)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.13)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_IncomeLossFromContinuingOperations

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The amount of Income or Loss from continuing operations available to each limited partnership unit in a publicly trade limited partnership or master limited partnership (MLP) during the reporting period. Limited partners have limited liability and do not manage the partnership.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section F

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

+ Details

Name: us-gaap_IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnit

Namespace Prefix: us-gaap_

Data Type: us-types:perUnitItemType

Balance Type: na

Period Type: duration

X

- Definition

This element represents the overall income (loss) from a disposal group apportioned to the parent that is classified as a component of the entity, net of income tax, reported as a separate component of income before extraordinary items after deduction or consideration of the amount which may be allocable to noncontrolling interests, if any. Includes the following (net of tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 19

-URI http://asc.fasb.org/extlink&oid=6921628&loc=SL4569616-111683

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 29

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph b(2)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The amount of income (loss) from disposition of discontinued operations available to each limited partnership unit during the reporting period, net of tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section F

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

+ Details

Name: us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnit

Namespace Prefix: us-gaap_

Data Type: us-types:perUnitItemType

Balance Type: na

Period Type: duration

X

- Definition

Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 7

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 115

-Paragraph 14

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.7(b))

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_InvestmentIncomeInterest

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.22)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.18)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e565-108580

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A7

-Appendix A

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 10, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6519514

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=6518256

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 19

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28, 29, 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 20

-Article 9

+ Details

Name: us-gaap_NetIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Aggregate amount of net income allocated to general partners.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section F

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

+ Details

Name: us-gaap_NetIncomeLossAllocatedToGeneralPartners

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Aggregate amount of net income allocated to limited partners.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

+ Details

Name: us-gaap_NetIncomeLossAllocatedToLimitedPartners

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Net income (loss) allocated to each outstanding limited partnership unit.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section F

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

+ Details

Name: us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnit

Namespace Prefix: us-gaap_

Data Type: us-types:perUnitItemType

Balance Type: na

Period Type: duration

X

- Definition

The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 7

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.7)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_NonoperatingIncomeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_NonoperatingIncomeExpenseAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.

+ References

No definition available.

+ Details

Name: us-gaap_OperatingExpenses

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_OperatingExpensesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The total amount of revenue recognized for the period from operating leases, including minimum lease revenue, contingent revenue, percentage revenue and sublease revenue.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 13

-Paragraph 19

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 20

-Section 25

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6453417&loc=d3e39896-112707

+ Details

Name: us-gaap_OperatingLeasesIncomeStatementLeaseRevenue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_OperatingLeasesIncomeStatementLeaseRevenueAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The aggregate amount of other income amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) profits on securities (net of losses), and (d) miscellaneous other income items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 7

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Audit and Accounting Guide (AAG)

-Number AAG-BRD

-Chapter 4

-Paragraph 80

-Subparagraph Exhibit 4-4

-IssueDate 2006-05-01

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.7)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_OtherNonoperatingIncome

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The aggregate costs related to management of owned properties during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.2(d))

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_OwnedPropertyManagementCosts

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 946

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.6-07.2(a),(b),(c),(d))

-URI http://asc.fasb.org/extlink&oid=6488393&loc=d3e606610-122999

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 946

-SubTopic 225

-Section 45

-Paragraph 3

-Subparagraph (k)

-URI http://asc.fasb.org/extlink&oid=6488370&loc=d3e13550-115849

+ Details

Name: us-gaap_ProfessionalFees

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

A contract to provide coverage or protection in exchange for a payment or "premium". Examples of insurance protection include liability and property insurance. The entity paying the premiums for the protection will have insurance expense and possibly an asset, Prepaid Insurance (if the premiums are paid in advance).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.6)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_RealEstateInsurance

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

A tax based on the assessed value of real estate by the local government. The tax is usually based on the value of property (including the land).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Chapter 10

-Section A

-Paragraph 2, 17

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 720

-SubTopic 30

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6419918&loc=d3e35301-107843

+ Details

Name: us-gaap_RealEstateTaxExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Total of recoveries of amounts due the Entity that had previously been written off as uncollectible using allowances (the valuation accounts that are netted against the cost of an asset to value it at its carrying value) and total of reestablishments of reserves (liabilities established to represent expected future costs) that had previously been utilized.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 09

-Article 12

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e24092-122690

+ Details

Name: us-gaap_ValuationAllowancesAndReservesRecoveries

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

XML 33 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6

Partnership Agreement
12 Months Ended

Dec. 31, 2011

Partnership Agreement [Abstract]

Partnership Agreement

4. PARTNERSHIP AGREEMENT:

The Amended Agreement of Limited Partnership was amended, effective as of November 9, 2009, to extend the term of the Partnership to November 30, 2020, or until dissolution prior thereto pursuant to the consent of the majority of the outstanding Units. The Second Amendment to the Partnership Agreement was filed as Exhibit 4.1 to the Partnership Quarterly Report on Form 10-Q filed November 12, 2009.

The Partnership Agreement, prior to an amendment effective May 26, 1993, provided that, for financial reporting and income tax purposes, net profits or losses from operations were allocated 90% to the Limited Partners and 10% to the general partners. The Partnership Agreement also provided for quarterly cash distributions from Net Cash Receipts, as defined, within 60 days after the last day of the first full calendar quarter following the date of release of the subscription funds from escrow, and each calendar quarter thereafter, in which such funds were available for distribution with respect to such quarter. Such distributions were to be made 90% to Limited Partners and 10% to the former general partners, provided, however, that quarterly distributions were to be cumulative and were not to be made to the former general partners unless and until each Limited Partner had received a distribution from Net Cash Receipts in an amount equal to 10% per annum, cumulative simple return on his or her Adjusted Original Capital, as defined, from the Return Calculation Date, as defined.

Net Proceeds, as originally defined, were to be distributed as follows: (a) to the Limited Partners, an amount equal to 100% of their Adjusted Original Capital; (b) then, to the Limited Partners, an amount necessary to provide each Limited Partner a Liquidation Preference equal to a 13.5% per annum, cumulative simple return on Adjusted Original Capital from the Return Calculation date including in the calculation of such return all prior distributions of Net Cash Receipts and any prior distributions of Net Proceeds under this clause; and (c) then, to Limited Partners, 90% and to the General Partners, 10%, of the remaining Net Proceeds available for distribution.

On May 26, 1993, pursuant to the results of a solicitation of written consents from the Limited Partners, the Partnership Agreement was amended to replace the former general partners and amend various sections of the agreement. The former general partners were replaced as General Partner by The Provo Group, Inc., an Illinois corporation. Under the terms of the amendment, net profits or losses from operations are allocated 99% to the Limited Partners and 1% to the current General Partner. The amendment also provided for distributions from Net Cash Receipts to be made 99% to Limited Partners and 1% to the current General Partner, provided that quarterly distributions are cumulative and are not to be made to the current General Partner unless and until each Limited Partner has received a distribution from Net Cash Receipts in an amount equal to 10% per annum, cumulative simple return on his or her Adjusted Original Capital, as defined, from the Return Calculation Date, as defined, except to the extent needed by the General Partner to pay its federal and state income taxes on the income allocated to it attributable to such year.

The provisions regarding distribution of Net Proceeds, as defined, were also amended to provide that Net Proceeds are to be distributed as follows: (a) to the Limited Partners, an amount equal to 100% of their Adjusted Original Capital; (b) then, to the Limited Partners, an amount necessary to provide each Limited Partner a Liquidation Preference equal to a 13.5% per annum, cumulative simple return on Adjusted Original Capital from the Return Calculation Date including in the calculation of such return on all prior distributions of Net Cash Receipts and any prior distributions of Net Proceeds under this clause, except to the extent needed by the General Partner to pay its federal and state income tax on the income allocated to it attributable to such year; and (c) then, to Limited Partners, 99%, and to the General Partner, 1%, of remaining Net Proceeds available for distribution.

Additionally, per the amendment of the Partnership Agreement dated May 26, 1993, the total compensation paid to all persons for the sale of the investment properties is limited to commissions customarily charged by other brokers in arm's-length sales transactions involving comparable properties in the same geographic area, not to exceed six percent of the contract price for the sale of the property. The General Partner may receive up to one-half of the competitive real estate commission, not to exceed three percent, provided that the General Partner provides a substantial amount of services in the sales effort. It is further provided that a portion of the amount of such fees payable to the General Partner is subordinated to its success in recovering the funds misappropriated by the former general partners. See Note 6 for further information.

Effective June 1, 1993, the Partnership Agreement was amended to (i) change the definition of "Distribution Quarter" to be consistent with calendar quarters, and (ii) change the distribution provisions to subordinate the General Partner's share of distributions from Net Cash Receipts and Net Proceeds, except to the extent necessary for the General Partner to pay its federal and state income taxes on Partnership income allocated to the General Partner. Because these amendments do not adversely affect the rights of the Limited Partners, pursuant to section 10.2 of the Partnership Agreement, the General Partner made the amendments without a vote of the Limited Partners.

X

- Details

Name: us-gaap_PartnersCapitalNotesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for the formation, structure, control and ownership of the partnership. Disclosures related to accounts comprising partners' capital. Includes balances of general partners' capital account, limited partners' capital account, preferred partners' capital account and total partners' capital account and units outstanding; accumulated other comprehensive income; amount and nature of changes to amount of partner's capital and units outstanding by class, rights and privileges for each class of units; distribution policies and distributions paid by unit class; impact of and correction of an error in previously issued financial statements; limitations of partners' liability; redemption, conversion and distribution policies; and deferred compensation related to the issuance of units.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70434-108055

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 3

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Practice Bulletin (PB)

-Number 14

-Paragraph 10, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-Subparagraph (SAB TOPIC 4.F)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

+ Details

Name: us-gaap_PartnersCapitalNotesDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 34 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6

Investment Properties And Property Held For Sale
12 Months Ended

Dec. 31, 2011

Investment Properties And Property Held For Sale [Abstract]

Investment Properties And Property Held For Sale

3. INVESTMENT PROPERTIES and PROPERTY HELD FOR SALE:

The total cost of the Properties includes the original purchase price plus acquisition fees and other capitalized costs paid to an affiliate of the former general partners.

As of December 31, 2011, the Partnership owned thirteen fully constructed fast-food restaurants, which includes one vacant property in Phoenix, AZ that was reclassified to properties held for sale during the third quarter of 2011 (formerly operated as China Buffet). The twelve tenants are composed of the following: nine Wendy's restaurants, an Applebee's restaurant, a KFC restaurant, and a Daytona's All Sports Café ("Daytona's"). The thirteen properties are located in a total of six states.

In late September of 2011 Management executed an Agency and Marketing Agreement ("Marketing Agreement") with an unaffiliated Agent. The Marketing Agreement gave the Agent the exclusive right to sell the vacant Phoenix, AZ property and the Denny's, Phoenix, AZ property through auction, sealed bid, hybrid sealed bid, on-line bid or through private negotiations. The Marketing Agreement terminated upon the later of 30 days after the Live Outcry Auction date of October 18, 2011, or a closing or settlement, if applicable. A marketing fee of approximately $7,700 was paid to the Agent in September of 2011 for the purpose of advertising, marketing and promoting the properties to the buying public.

Formerly Owned Denny's, Phoenix, AZ Property

The Denny's, Phoenix, AZ property was reclassified to properties held for sale during September of 2011 due to the execution of the Marketing Agreement. The carrying amount of the property was reduced by $104,705, to its estimated fair value less estimated costs to sell of $445,000, during the third quarter of 2011. A contract to sell the Denny's, Phoenix, AZ property was executed at the October 18, 2011 auction by an unaffiliated party and the property was then sold in November of 2011 for the high bid price of $475,000.

Vacant Phoenix, AZ Property

The China Super Buffet restaurant ceased operations and vacated the Phoenix, AZ property in late June of 2011. Management regained possession of the property in July and lease obligation charges ceased as of June 30, 2011. The property was reclassified to properties held for sale during the third quarter of 2011 upon the execution of the Marketing Agreement. The vacant, Phoenix, AZ property did not sell at the October 18, 2011 auction; however, Management continued to market the property to potential buyers.

The carrying amount of the vacant Phoenix, AZ property was reduced by $390,117 during the fiscal year 2011, to its estimated fair value of $150,000. The net book value of the vacant, Phoenix, AZ property at December 31, 2011, classified as property held for sale in the condensed financial statements, was approximately $151,700, which included $123,369 related to land, $26,631 related to building, net of accumulated depreciation, $9,300 related to a security deposit, $700 related to rents and other receivables, $1,600 related to prepaid insurance, $2,300 related to accounts payable and accrued expenses and $7,600 related to property tax payable.

A contract ("Contract") to sell the vacant Phoenix, AZ property to an unaffiliated party was executed on February 14, 2012 for the sale price of $325,000. The potential buyer provided an earnest money deposit of $25,000, which is held by an independent escrow company. Per the Contract, closing is anticipated to occur prior to and up to 210 days out from the contract execution date. Closing costs are estimated to be approximately $30,000, which includes commissions totaling approximately $23,000 in the aggregate, which are anticipated to be paid to two unaffiliated brokers.

The $325,000 sales contract has various due diligence and feasibility periods, as well as additional extensions and Management has no measure of certainty that the Contract will close or if a specific and unique re-use of the now vacant property will materialize. Therefore, the $150,000 net book value for the vacant property at December 31, 2011, is its estimated fair value based on income capitalization calculations using historical capitalization rates (used by Management in relation to the property for annual Partnership Net Unit Valuations) applied to independently identified market rents, less known re-leasing costs such as estimated roof, parking lot and miscellaneous repairs, as well as leasing commissions. The estimated fair value is not necessarily what the Partnership will settle (sales price net of closing costs), within an actual arms length sales transaction of the vacant property.

Wendy's- 361 Highway 17 Bypass, Mt. Pleasant, SC Property

On November 30, 2010, the County of Charleston made a purchase offer ("Initial Offer") of approximately $177,000 to the Partnership in connection with an eminent domain (condemnation) land acquisition of approximately 5,000 square feet of the approximately 44,000 square feet of the Wendy's- Mt. Pleasant, SC ("Wendy's- Mt. Pleasant") property. In October of 2011, the Partnership received Notice ("Condemnation Notice") that the County of Charleston filed condemnation proceedings on October 12, 2011, which in effect permits the County of Charleston to take possession of approximately 5,000 square feet of the Wendy's- Mt. Pleasant property and to begin construction of the planned road improvements. The Partnership had until November 11, 2011, to reject the Initial Offer ("Tender of Payment") for the purchase of the property. The Partnership rejected the Tender of Payment; however, the Initial Offer is still valid during the period the Partnership disputes the County of Charleston's position that the $177,000 reflects just compensation for the taking of the property. Management will continue to actively work with legal counsel and Wendcharles I to facilitate a settlement with the County of Charleston and the re-engineering of the County's plans to preserve the viability of the site for Wendy's-Mt. Pleasant's operational use. See Note 13 Subsequent Events for further information. The net book value of the land to be purchased is $33,991 and was reclassified to a property held for sale during the fourth quarter of 2010.

Formerly Owned and Vacant Park Forest, IL Property

The Partnership had been unsuccessful in finding a new tenant for the vacant Park Forest property, and on December 31, 2009, the carrying value of this property had been written down to $0. The property was then sold to an unaffiliated party in December of 2010 for a gross sales price of $7,000.

Discontinued Operations

During the fiscal years ended December 31, 2011, 2010 and 2009, the Partnership recognized (loss) income from discontinued operations of approximately $(478,000), $55,000 and $81,000, respectively. The 2011, 2010 and 2009 (loss) income from discontinued operations was attributable to the third quarter of 2011 reclassifications of the vacant Phoenix, AZ property and the Denny's, Phoenix, AZ property to properties held for sale upon the execution of Agency and Marketing Agreement with an unaffiliated party in September of 2011 to sell both of the properties. The 2011 loss from discontinued operations includes the fiscal year 2011 property impairment write downs of $390,117 related to the vacant Phoenix, AZ property and $104,705 related to the Denny's, Phoenix, AZ property, and the 2011 loss of approximately $1,000 on the fourth quarter of 2011 sale of the Denny's, Phoenix, AZ property. The 2010 and 2009 income from discontinued operations was attributable to the fourth Quarter of 2010 reclassification of a small strip of the Wendy's- Mt. Pleasant land to a property held for sale due to the pending eminent domain acquisition of the land by the County of Charleston for Right of Way for planned road improvements and the third quarter of 2010 reclassification of the vacant Park Forest property to a property held for sale upon the execution of the Agency and Marketing Agreement in August. The 2010 income from discontinued operations includes the fourth quarter net gain of approximately $7,000 on the sale of the Park Forest property. The 2009 income from discontinued operations was also attributable to the third quarter of 2009 reclassification of the Panda Buffet property to a property held for sale (executed sales contract dated September 30, 2009). The 2009 income from discontinued operations includes the $50,000 fourth quarter property impairment write down of the vacant Park Forest, IL property, the fourth quarter net gain of approximately $29,000 on the sale of the Panda Buffet property, and the second quarter revenue collection of a $12,500 sales escrow deposit in relation to the termination of the Denny's property sales contract dated February 22, 2008.

The components of property held for sale in the balance sheets as of December 31, 2011 and 2010 are outlined below:

 December 31,
2011 December 31,
2010

Balance Sheet:


Land
 $ 157,360 $ 33,991

Buildings, net
 26,631 0

Rents and other receivables
 686 0

Utilities security deposit
 9,260

Prepaid insurance
 1,593 0

Accounts payable and

accrued expenses
 (2,295 ) 0

Property tax payable
 (7,571 ) 0



Properties held for sale
 $ 185,664 $ 33,991



The components of discontinued operations included in the statements of income for the years ended December 31, 2011, 2010 and 2009 are outlined below:

 December 31,
2011 December 31,
2010 December 31,
2009

Revenues


Rental Income
 $ 70,417 $ 106,510 $ 166,255

Other Income
 1,204 0 12,500





Total Revenues
 71,621 106,510 178,755





Expenses


Insurance
 1,183 505 0

General and Administrative
 659 946 919

Professional services
 3,632 14,486 11,230

Write-off of uncollectible

Receivables
 0 0 2,013

Property tax expense
 9,985 5,035 13,056

Maintenance expense
 10,012 4,162 1,376

Property impairment

write-downs
 494,822 0 50,000

Depreciation
 14,361 22,946 35,912

Amortization
 10,380 6,990 8,660

Other expenses
 3,850 3,506 3,267





Total Expenses
 548,884 58,576 126,433





Net Loss (Income) from Rental Operations
 $ (477,263 ) $ 47,934 $ 52,322



Net (Loss) Gain on Sale of Properties
 (1,227 ) 6,562 28,604





Net (Loss) Income from Discontinued Operations
 $ (478,490 ) $ 54,496 $ 80,926





X

- Details

Name: us-gaap_RealEstateAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for certain real estate investment financial statements, real estate investment trust operating support agreements, real estate owned, retail land sales, time share transactions, as well as other real estate related disclosures.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph c

-Subparagraph Schedule III

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 67

-Paragraph 4, 5, 6, 7

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 11

-Article 9

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 04-2

-Paragraph 41, 63, 64

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher OTS

-Name Federal Regulation (FR)

-Number Title 12

-Chapter V

-Section 563c.102

-Paragraph 11

-Subsection I

-LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy. It will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 970

-SubTopic 360

-Section S99

-Paragraph 1

-Subparagraph (SX 210.12-28)

-URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 154

-Paragraph 22

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Chapter 3

-Section A

-Paragraph 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 15

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 01-6

-Paragraph 13

-Subparagraph f

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 34

-Paragraph 9, 11, 12, 13, 14, 15, 21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 28

-Article 12

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Interpretation (FIN)

-Number 46R

-Paragraph 23, 24

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 10

-Subparagraph 4

-Article 9

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Audit and Accounting Guide (AAG)

-Number AAG-DEP

-Chapter 11

-Paragraph 2, 6, 9-11, 18, 20

-IssueDate 2006-05-01

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 66

-Paragraph 4, 5, 37, 50, 59, 65, 95, 97

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 17: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 6

-Subparagraph a

-Article 5

Reference 18: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 75-2

-Paragraph 47, 51, 52

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 19: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 57

-Paragraph 2

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 20: http://www.xbrl.org/2003/role/presentationRef

-Publisher OTS

-Name Federal Regulation (FR)

-Number Title 12

-Chapter V

-Section 563c.102

-Paragraph 10

-Subparagraph a, b

-Subsection I

-LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy. It will be removed from future versions of this taxonomy.

Reference 21: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 144

-Paragraph 7, 34

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_RealEstateDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 35 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6

Note Receivable
12 Months Ended

Dec. 31, 2011

Note Receivable [Abstract]

Note Receivable

11. NOTE RECEIVABLE:

A sales contract was executed on September 30, 2009 for the installment sale of the Panda Buffet property to the tenant for $520,000 (sales amount was to be reduced to $450,000 if closing occurred on or before November 15, 2009). The closing date on the sale of the Property was November 12, 2009 at a sales price of $450,000. The buyer paid $150,000 at closing with the remaining balance of $300,000 being delivered in the form of a promissory note ("Buyers Note") to the Partnership. A net gain on the sale of approximately $29,000 was recognized in the Fourth Quarter of 2009. The Buyers Note reflects a term of three years, an interest rate of 7.25%, and principal and interest payments paid monthly and principal amortized over a period of ten years beginning December 1, 2009 with a balloon payment due November 1, 2012. Pursuant to the Buyers Note, there will be no penalty for early payment of principal. Buyers Note also requires the buyer to escrow property taxes with the Partnership beginning January of 2010 at $1,050 per month (lowered to $900 beginning February 1, 2011 and then $700 per month beginning January 1, 2012). The property tax escrow cash balance held by the Partnership amounted to $2,000 at December 31, 2011, and is included in the property tax payable in the condensed balance sheets

Per the Buyer's Note amortization schedule, the monthly payments are to total approximately $3,522 per month. The first payment was received by the Partnership on November 30, 2009 and included $2,374 in principal and $1,148 in interest. During the fiscal year ended December 31, 2011, twelve note payments were received by the Partnership and totaled $22,991 in principal and $19,273 in interest.

The eleven aggregate amortized principal payments yet to be received under the Buyers Note for the next year are as follows:

Year ending December 31,
 $ 253,247



2012 (eleven months of payments)
 $ 253,247



X

- Definition

The entire disclosure for claims held for amounts due a company. Examples include trade accounts receivables, notes receivables, loans receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6965416&loc=d3e5066-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 7

-Article 9

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 01-6

-Paragraph 13

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6965416&loc=d3e5162-111524

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3, 4

-Article 5

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(k))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.3,4)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 4

-Section 08

-Paragraph k

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6965416&loc=d3e5074-111524

+ Details

Name: us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_ReceivablesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 36 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6

Transactions With Owners With Greater Than Ten Percent Beneficial Interests
12 Months Ended

Dec. 31, 2011

Transactions With Owners With Greater Than Ten Percent Beneficial Interests [Abstract]

Transactions With Owners With Greater Than Ten Percent Beneficial Interests

7. TRANSACTIONS WITH OWNERS WITH GREATER THAN TEN PERCENT BENEFICIAL INTERESTS:

As of December 31, 2011, Advisory Board Member, Jesse Small, owns beneficially greater than ten percent of the Partnership's Units. As of December 31, 2011, Advisory Board Member, Jesse Small, is a greater than ten percent beneficial unit holder. Amounts paid to Mr. Small for the fiscal years ended December 31, 2011, 2010, and 2009 are as follows:

 Incurred for the
Year ended
December 31,
2011 Incurred for the
Year ended
December 31,
2010 Incurred for the
Year ended
December 31,
2009

Advisory Board Fees paid
 $ 3,500 $ 3,500 $ 3,000







 $ 3,500 $ 3,500 $ 3,000







At December 31, 2011 and 2010, there were no outstanding Advisory Board Fees accrued and payable to Jesse Small.

X

- Details

Name: cik-000082578_TransactionsWithOwnersWithGreaterThanTenPercentBeneficialInterestsAbstract

Namespace Prefix: cik-000082578_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Transactions with Owners with Greater than Ten Percent Beneficial Interests [Text Block]

+ References

No definition available.

+ Details

Name: cik-000082578_TransactionsWithOwnersWithGreaterThanTenPercentBeneficialInterestsTextBlock

Namespace Prefix: cik-000082578_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 37 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6

Leases
12 Months Ended

Dec. 31, 2011

Leases [Abstract]

Leases

5. LEASES:

Original lease terms for the majority of the Properties were generally five to twenty years from their inception. The leases generally provide for minimum rents and additional rents based upon percentages of gross sales in excess of specified breakpoints. The lessee is responsible for occupancy costs such as maintenance, insurance, real estate taxes, and utilities. Accordingly, these amounts are not reflected in the statements of income except in circumstances where, in Management's opinion, the Partnership will be required to pay such costs to preserve its assets (i.e., payment of past-due real estate taxes). Management has determined that the leases are properly classified as operating leases; therefore, rental income is reported when earned on a straight-line basis and the cost of the property, excluding the cost of the land, is depreciated over its estimated useful life.

As of December 31, 2011, the aggregate minimum operating lease payments to be received under the current operating leases for the Partnership's Properties are as follows:

Year ending December 31,


2012
 $ 1,005,830

2013
 892,500

2014
 856,500

2015
 826,500

2016
 813,882

Thereafter
 3.399.543



 7,794,755



Operating percentage rents included in operating rental income in 2011, 2010, and 2009 were approximately $431,000, $398,000, and $399,000, respectively. At December 31, 2011, rents and other receivables included $429,000 of unbilled operating percentage rents. As of December 31, 2011, the $47,000 in 2011 percentage rents included in discontinued operating rental income had been billed and collected from the Denny's, Phoenix, AZ "(Denny's) property. At December 31, 2010, rents and other receivables included $35,000 of billed (included in 2010 discontinued operating rental income) and $404,000 of unbilled operating percentage rents. As of December 31, 2011, all of the 2010 percentage rents had been billed and collected.

At December 31, 2011, six of the Properties are leased to Wendgusta, two of the Properties are leased to Wendcharles I, and one of the properties is leased to Wendcharles II. The three tenants operating base rents have accounted for approximately 53%, 21% and 1%, respectively, of the total 2011 operating base rents.

X

- Details

Name: us-gaap_LeasesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41499-112717

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 10

-Section 55

-Paragraph 40

-Subparagraph (Note 1,3)

-URI http://asc.fasb.org/extlink&oid=6584154&loc=d3e38371-112697

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 30

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 20

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6452660&loc=d3e36991-112694

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 460

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12069-110248

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 13

-Paragraph 16

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_LeasesOfLesseeDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 38 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6

Transactions With General Partner And Its Affiliates
12 Months Ended

Dec. 31, 2011

Transactions With General Partner And Its Affiliates [Abstract]

Transactions With General Partner And Its Affiliates

6. TRANSACTIONS WITH GENERAL PARTNER AND ITS AFFILIATES:

Pursuant to the terms of the Permanent Manager Agreement ("PMA") executed in 1993 and renewed for an additional two year term as of January 1, 2011, the General Partner receives a Base Fee for managing the Partnership equal to four percent of gross receipts, subject to an initial annual minimum amount of $159,000. The PMA also provides that the Partnership is responsible for reimbursement of the General Partner for office rent and related office overhead ("Expenses") up to an initial annual maximum of $13,250. Both the Base Fee and Expense reimbursement are subject to annual Consumer Price Index based adjustments. Effective March 1, 2011, the minimum annual Base Fee and the maximum Expense reimbursement increased by 1.64% from the prior year, which represents the allowable annual Consumer Price Index adjustment per the PMA. Therefore, as of March 1, 2011, the minimum monthly Base Fee paid by the Partnership was raised to $20,492 and the maximum monthly Expense reimbursement was increased to $1,653.

For purposes of computing the four percent overall fees, gross receipts include amounts recovered in connection with the misappropriation of assets by the former general partners and their affiliates. To date, TPG has received fees from the Partnership totaling $59,689 on the amounts recovered, which includes restoration fees received for 2011, 2010 and 2009 of $299, $497 and $459, respectively. The fees received from the Partnership on the amounts recovered reduce the four percent minimum fee by that same amount.

Amounts paid and/or accrued to the General Partner and its affiliates for the years ended December 31, 2011, 2010, and 2009, are as follows:

General Partner
 Incurred for the
Year ended
December 31,
2011 Incurred for the
Year ended
December 31,
2010 Incurred for the
Year ended
December 31,
2009

Management fees
 $ 244,943 $ 241,579 $ 240,841

Restoration fees
 299 497 459

Overhead allowance
 19,782 19,524 19,464

Advisory fee on sale
 14,250 0 13,500

Leasing commissions
 5,346 0 21,060

Reimbursement for out-of-pocket expenses
 5,822 5,273 5,210

Cash distribution
 3,081 3,260 3,290







 $ 293,523 $ 270,133 $ 303,824







At December 31, 2011 and 2010, $1,757 and $1,825, respectively, was payable to the General Partner, which primarily represented the applicable year's fourth quarter distribution.

Due to the Denny's lease modifications, approximately $1,200 of the $4,000 lease commission paid in 2009 to the General Partner was reimbursed to the Partnership in May of 2011 and is included in other income from discontinued operations in the condensed statements of income.

As of December 31, 2011, TPG Finance Corp. owned 200 limited partnership interests of the Partnership. The President of the General Partner, Bruce A. Provo, is also the President of TPG Finance Corp., but he is not a shareholder of TPG Finance Corp.

X

- Details

Name: us-gaap_RelatedPartyTransactionsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for related party transactions, including the nature of the relationship(s), a description of the transactions, the amount of the transactions, the effects of any change in the method of establishing the terms of the transaction from the previous period, stated interest rate, expiration date, terms and manner of settlement per the agreement with the related party, and amounts due to or from related parties. If the entity and one or more other entities are under common ownership or management control and this control affects the operating results or financial position, disclosure includes the nature of the control relationship even if there are no transactions between the entities. Disclosure may also include the aggregate amount of current and deferred tax expense for each statement of earnings presented where the entity is a member of a group that files a consolidated tax return, the amount of any tax related balances due to or from affiliates as of the date of each statement of financial position presented, the principal provisions of the method by which the consolidated amount of current and deferred tax expense is allocated to the members of the group and the nature and effect of any changes in that method. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(k))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 3A

-Section 04

-Paragraph b

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 57

-Paragraph 1-4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 4

-Section 08

-Paragraph k

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864

+ Details

Name: us-gaap_RelatedPartyTransactionsDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 39 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6

Contingent Liabilities
12 Months Ended

Dec. 31, 2011

Contingent Liabilities [Abstract]

Contingent Liabilities

8. CONTINGENT LIABILITIES:

According to the Partnership Agreement, as amended, TPG, as General Partner, may receive a disposition fee not to exceed three percent of the contract price on the sale of the three original Partnerships' properties (See Note 2 for further information as to the original partnerships). In addition, fifty percent of all such disposition fees earned by TPG were to be escrowed until the aggregate amount of recovery of the funds misappropriated from the Partnerships by the former general partners was greater than $4,500,000. Upon reaching such recovery level, full disposition fees would thereafter be payable and fifty percent of the previously escrowed amounts would be paid to TPG. At such time as the recovery exceeded $6,000,000 in the aggregate, the remaining escrowed disposition fees were to be paid to TPG. If such levels of recovery were not achieved, TPG would contribute the amounts escrowed toward the recovery until the Partnership's were made whole. In lieu of a disposition fee escrow, the fifty percent of all such disposition fees previously discussed were paid directly to a restoration account and then distributed among the three original Partnerships; whereby the Partnerships recorded the recoveries as income (Note 2). After the recovery level of $4,500,000 was exceeded, fifty percent of the total disposition fee amount paid to the Partnerships recovery through the restoration account (in lieu of the disposition fee escrow) was refunded to TPG during March 1996. The remaining fifty percent amount allocated to the Partnership through the restoration account, and which was previously reflected as Partnership recovery income, may be owed to TPG if the $6,000,000 recovery level is met. As of December 31, 2011, the Partnership may owe TPG $16,296 if the $6,000,000 recovery level is achieved. TPG does not expect any future refund, as it is uncertain that such a $6,000,000 recovery level will be achieved.

X

- Details

Name: us-gaap_CommitmentsAndContingenciesDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 450

-SubTopic 20

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 460

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Interpretation (FIN)

-Number 14

-Paragraph 3

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 440

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 9, 10, 11, 12

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.25)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

+ Details

Name: us-gaap_CommitmentsAndContingenciesDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 40 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6

Subsequent Events
12 Months Ended

Dec. 31, 2011

Subsequent Events [Abstract]

Subsequent Events

13. SUBSEQUENT EVENTS

Vacant Phoenix, AZ Property

A contract ("Contract") to sell the vacant Phoenix, AZ property to an unaffiliated party was executed on February 14, 2012 for the sale price of $325,000. The potential buyer provided an earnest money deposit of $25,000, which is held by an independent escrow company. Per the Contract, closing is anticipated to occur prior to and up to 210 days out from the contract execution date. Closing costs are estimated to be approximately $30,000, which includes commissions totaling approximately $23,000 in the aggregate, which are anticipated to be paid to two unaffiliated brokers. The net book value of the vacant, Phoenix, AZ property at December 31, 2011, classified as property held for sale in the condensed financial statements, was approximately $151,700, which included $123,369 related to land, $26,631 related to building, net of accumulated depreciation, $9,300 related to a utilities security deposit, $700 related to rents and other receivables, $1,600 related to prepaid insurance, $2,300 related to accounts payable and accrued expenses and $7,600 related to property tax payable.

The $325,000 sales contract has various due diligence and feasibility periods, as well as additional extensions and Management has no measure of certainty that the Contract will close or if a specific and unique re-use of the now vacant property will materialize. Therefore, the $150,000 net book value for the vacant property at December 31, 2011, is its estimated fair value based on income capitalization calculations using historical capitalization rates (used by Management in relation to the property for annual Partnership Net Unit Valuations) applied to independently identified market rents, less known re-leasing costs such as estimated roof, parking lot and miscellaneous repairs, as well as leasing commissions. The estimated fair value is not necessarily what the Partnership will settle (sales price net of closing costs), within an actual arms length sales transaction of the vacant property.

Limited Partner Distributions

On February 15, 2012, the Partnership made distributions to the Limited Partners of $640,000, which amounted to $13.83 per Interest.

X

- Details

Name: us-gaap_SubsequentEventsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

+ References

No definition available.

+ Details

Name: us-gaap_SubsequentEventsTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 41 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6

Statements Of Income (Parenthetical)
12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Statements Of Income[Abstract]

Interests outstanding 46,280.3 46,280.3 46,280.3

X

- Details

Name: us-gaap_IncomeStatementAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Weighted average number of general partnership units outstanding determined by relating the portion of time within a reporting period that general partnership units have been outstanding to the total time in that period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section F

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187171-122770

+ Details

Name: us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

XML 42 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6

Regulatory Investigation
12 Months Ended

Dec. 31, 2011

Regulatory Investigation [Abstract]

Regulatory Investigation

2. REGULATORY INVESTIGATION:

A preliminary investigation during 1992 by the Office of Commissioner of Securities for the State of Wisconsin and the Securities and Exchange Commission (the "Investigation") revealed that during at least the four years ended December 31, 1992, the former general partners of the Partnership, Gary J. DiVall ("DiVall") and Paul E. Magnuson ("Magnuson"), had transferred substantial cash assets of the Partnership and two affiliated publicly registered limited partnerships, DiVall Insured Income Fund Limited Partnership ("DiVall 1"), which was dissolved December of 1998, and DiVall Income Properties 3 Limited Partnership ("DiVall 3"), which was dissolved December of 2003, (collectively, the "three original partnerships") to various other entities previously sponsored by or otherwise affiliated with Gary J. DiVall and Paul E. Magnuson. The unauthorized transfers were in violation of the respective Partnership Agreements and resulted, in part, from material weaknesses in the internal control system of the Partnerships.

Subsequent to discovery, and in response to the regulatory inquiries, TPG was appointed Permanent Manager (effective February 8, 1993) to assume responsibility for daily operations and assets of the Partnerships as well as to develop and execute a plan of restoration for the three original partnerships. Effective May 26, 1993, the Limited Partners, by written consent of a majority of interests, elected TPG as General Partner. TPG terminated the former general partners by accepting their tendered resignations.

In 1993, the General Partner estimated an aggregate recovery of $3 million for the three original partnerships. At that time, an allowance was established against amounts due from former general partners and their affiliates reflecting the estimated $3 million receivable. This net receivable was allocated among the three original partnerships based on their pro rata share of the total misappropriation, and restoration costs and recoveries have been allocated based on the same percentage. Through December 31, 2011, approximately $5,918,000 of recoveries have been received which exceeded the original estimate of $3 million. As a result, from January 1, 1996 through December 31, 2011, the Partnership has recognized a total of approximately $1,228,000 as recovery of amounts previously written off in the statements of income, which represents its share of the excess recovery. The General Partner continues to pursue recoveries of the misappropriated funds; however, no further significant recoveries are anticipated.

X

- Details

Name: cik-000082578_RegulatoryInvestigationAbstract

Namespace Prefix: cik-000082578_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for legal proceedings, legal contingencies, litigation, regulatory and environmental matters and other contingencies.

+ References

No definition available.

+ Details

Name: us-gaap_LegalMattersAndContingenciesTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 43 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 58 116 1 false 6 0 false 3 false false R1.htm 00090 - Document - Document And Entity Information Sheet http://www.divallproperties.com/2011-06-30/role/DocumentDocumentAndEntityInformation Document And Entity Information true false R2.htm 00100 - Statement - Balance Sheets Sheet http://www.divallproperties.com/2011-06-30/role/StatementBalanceSheets Balance Sheets false false R3.htm 00105 - Statement - Balance Sheets (Parenthetical) Sheet http://www.divallproperties.com/2011-06-30/role/StatementBalanceSheetsParenthetical Balance Sheets (Parenthetical) false false R4.htm 00200 - Statement - Statements Of Income Sheet http://www.divallproperties.com/2011-06-30/role/StatementStatementsOfIncome Statements Of Income false false R5.htm 00205 - Statement - Statements Of Income (Parenthetical) Sheet http://www.divallproperties.com/2011-06-30/role/StatementStatementsOfIncomeParenthetical Statements Of Income (Parenthetical) false false R6.htm 00300 - Statement - Statements Of Partners' Capital Sheet http://www.divallproperties.com/2011-06-30/role/StatementStatementsOfPartnersCapital Statements Of Partners' Capital false false R7.htm 00305 - Statement - Statements Of Partners' Capital (Parenthetical) Sheet http://www.divallproperties.com/2011-06-30/role/StatementStatementsOfPartnersCapitalParenthetical Statements Of Partners' Capital (Parenthetical) false false R8.htm 00400 - Statement - Statements Of Cash Flows Sheet http://www.divallproperties.com/2011-06-30/role/StatementStatementsOfCashFlows Statements Of Cash Flows false false R9.htm 10101 - Disclosure - Organization And Significant Accounting Policies Sheet http://www.divallproperties.com/2011-06-30/role/DisclosureOrganizationAndSignificantAccountingPolicies Organization And Significant Accounting Policies false false R10.htm 10201 - Disclosure - Regulatory Investigation Sheet http://www.divallproperties.com/2011-06-30/role/DisclosureRegulatoryInvestigation Regulatory Investigation false false R11.htm 10301 - Disclosure - Investment Properties And Property Held For Sale Sheet http://www.divallproperties.com/2011-06-30/role/DisclosureInvestmentPropertiesAndPropertyHeldForSale Investment Properties And Property Held For Sale false false R12.htm 10401 - Disclosure - Partnership Agreement Sheet http://www.divallproperties.com/2011-06-30/role/DisclosurePartnershipAgreement Partnership Agreement false false R13.htm 10501 - Disclosure - Leases Sheet http://www.divallproperties.com/2011-06-30/role/DisclosureLeases Leases false false R14.htm 10601 - Disclosure - Transactions With General Partner And Its Affiliates Sheet http://www.divallproperties.com/2011-06-30/role/DisclosureTransactionsWithGeneralPartnerAndItsAffiliates Transactions With General Partner And Its Affiliates false false R15.htm 10701 - Disclosure - Transactions With Owners With Greater Than Ten Percent Beneficial Interests Sheet http://www.divallproperties.com/2011-06-30/role/DisclosureTransactionsWithOwnersWithGreaterThanTenPercentBeneficialInterests Transactions With Owners With Greater Than Ten Percent Beneficial Interests false false R16.htm 10801 - Disclosure - Contingent Liabilities Sheet http://www.divallproperties.com/2011-06-30/role/DisclosureContingentLiabilities Contingent Liabilities false false R17.htm 10901 - Disclosure - PMA Indemnification Trust Sheet http://www.divallproperties.com/2011-06-30/role/DisclosurePmaIndemnificationTrust PMA Indemnification Trust false false R18.htm 11001 - Disclosure - Former General Partners' Capital Accounts Sheet http://www.divallproperties.com/2011-06-30/role/DisclosureFormerGeneralPartnersCapitalAccounts Former General Partners' Capital Accounts false false R19.htm 11101 - Disclosure - Note Receivable Sheet http://www.divallproperties.com/2011-06-30/role/DisclosureNoteReceivable Note Receivable false false R20.htm 11201 - Disclosure - Fair Value Disclosures Sheet http://www.divallproperties.com/2011-06-30/role/DisclosureFairValueDisclosures Fair Value Disclosures false false R21.htm 11301 - Disclosure - Subsequent Events Sheet http://www.divallproperties.com/2011-06-30/role/DisclosureSubsequentEvents Subsequent Events false false R22.htm 11401 - Disclosure - Schedule III - Investment Properties And Accumulated Depreciation Sheet http://www.divallproperties.com/2011-06-30/role/DisclosureScheduleIiiInvestmentPropertiesAndAccumulatedDepreciation Schedule III - Investment Properties And Accumulated Depreciation false false All Reports Book All Reports Process Flow-Through: 00100 - Statement - Balance Sheets Process Flow-Through: Removing column 'Dec. 31, 2009' Process Flow-Through: Removing column 'Dec. 31, 2008' Process Flow-Through: 00105 - Statement - Balance Sheets (Parenthetical) Process Flow-Through: 00200 - Statement - Statements Of Income Process Flow-Through: 00205 - Statement - Statements Of Income (Parenthetical) Process Flow-Through: 00305 - Statement - Statements Of Partners' Capital (Parenthetical) Process Flow-Through: 00400 - Statement - Statements Of Cash Flows cik0000825788-20111231.xml cik0000825788-20111231.xsd cik0000825788-20111231_cal.xml cik0000825788-20111231_def.xml cik0000825788-20111231_lab.xml cik0000825788-20111231_pre.xml true true XML 44 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6

Fair Value Disclosures
12 Months Ended

Dec. 31, 2011

Fair Value Disclosures [Abstract]

Fair Value Disclosures

12. FAIR VALUE DISCLOSURES

The Partnership has determined the fair value based on hierarchy that gives the highest priority to quoted prices in active markets for identical assets and liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). Inputs are broadly defined as assumptions market participants would use in pricing an asset or liability. The three levels of the fair value hierarchy under the accounting principle are described below:

Level 1. Quoted prices in active markets for identical assets or liabilities.

Level 2. Quoted prices for similar investments in active markets, quoted prices for identical or similar investments in markets that are not active, and inputs other than quoted prices that are observable for the investment.

Level 3. Unobservable inputs for which there is little, if any, market activity for the investment. The inputs into the determination of fair value are based upon the best information in the circumstances and may require significant management judgment or estimation and the use of discounted cash flow models to value the investment.

The fair value hierarchy is based on the lowest level of input that is significant to the fair value measurements. The Partnership's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the investment.

The Partnership assesses the levels of the Investments at each measurement date, and transfers between levels are recognized on the actual date of the event or change in circumstances that caused the transfer in accordance with the Partnership's accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. For the years ended December 31, 2011 and 2010, there were no such transfers.

Fair Value on a Nonrecurring Basis- Vacant and formerly owned Denny's, Phoenix, AZ Properties

Certain assets and liabilities are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). The following table presents the assets and liabilities carried on the balance sheet by caption and by level within the fair valuation hierarchy (as described above) as of December 31, 2011, for which a nonrecurring change in fair values were recorded during the fiscal year 2011 for the formerly owned Denny's, Phoenix, AZ property (sold on November 23, 2011) and the vacant Phoenix, AZ property.

 Incurred for the
Year Ended Incurred for the
Year Ended

 Carrying Value at December 31, 2011 December 31,
2011 December 31,
2010

 Total Level 1 Level 2 Level 3 Total Losses Total Losses

Formerly owned Denny's, Phoenix, AZ property
 $ — $ — $ — $ — $ (104,705 ) $ —

Vacant Phoenix, AZ Property
 150,000 — — 150,000 (390,117 ) —











Total properties
 $ 150,000 $ — $ — $ 150,000 $ (494,822 ) $ 0











Investment property measured at fair value on a nonrecurring basis relates to land, building and improvements that were held for investment or held for sale. Losses of $494,822 represent property impairment charges related to the vacant Phoenix, AZ property and the formerly owned Denny's, Phoenix, AZ property recorded during the fiscal year 2011. The fair value of these assets was determined by Management and incorporates Management's knowledge of comparable properties, past experience and future expectations.

There was no fair value adjustment in the fiscal year ended December 31, 2010. For the fiscal year ended December 31, 2009, total losses of $50,000 represent an impairment charge related to the Park Forest property recorded in 2009.

X

- Details

Name: us-gaap_FairValueDisclosuresAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19296-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

-Paragraph 17-22, 27, 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13433-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15C, 15D

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 16

-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13504-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15A

-Subparagraph a-d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 21

-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13537-108611

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 133

-Paragraph 44A, 44B

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 30

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 3, 10, 14, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15B

-Subparagraph a, b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32, 33, 34

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_FairValueDisclosuresTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

Statements Of Cash Flows (USD $)	12 Months Ended
Statements Of Cash Flows (USD $)	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 275,643	$ 815,003	$ 772,074
Adjustments to reconcile net income to net cash from operating activities -
Depreciation and amortization	203,868	209,284	213,851
Recovery of amounts previously written off	(7,464)	(12,429)	(11,476)
Provision for non-collectible rents and other receivables	0	0	2,013
Property impairment write-downs	494,822	0	50,000
Net loss (gain) on disposal of assets	1,227	(6,562)	(28,604)
Interest applied to Indemnification Trust account	(574)	(740)	(1,023)
(Increase) Decrease in rents and other receivables	(36,081)	(9,003)	27,100
Decrease (Increase) in property tax cash escrow	12,287	(14,888)	(6,509)
(Increase) Decrease in prepaid insurance	(1,034)	22,543	927
Decrease in deferred rent receivable	10,450	5,760	10,162
Decrease in property tax receivable	0	0	2,422
(Decrease) Increase in accounts payable and accrued expenses	(3,217)	6,952	(48,415)
Decrease in property tax payable	(24,383)	(1,445)	(15,658)
(Decrease) Increase in due to General Partner	(68)	6	(2,646)
Decrease in security deposits	(18,000)	0	(5,000)
Increase in unearned rental income	0	0	5,000
Net cash from operating activities	907,476	1,014,481	964,218
CASH FLOWS FROM INVESTING ACTIVITIES:
Net proceeds from sale of investment properties	443,773	6,562	127,720
Note receivable, principal payment received	22,991	21,388	2,374
Investment in building improvements	0	0	(9,000)
Payment of leasing commissions	(5,346)	0	(21,060)
Recoveries from former General Partner affiliates	7,464	12,429	11,476
Net cash from investing activities	468,882	40,379	111,510
CASH FLOWS USED IN FINANCING ACTIVITIES:
Cash distributions to Limited Partners	(1,030,000)	(1,175,000)	(2,050,000)
Cash distributions to General Partner	(3,081)	(3,260)	(3,290)
Net cash used in financing activities	(1,033,081)	(1,178,260)	(2,053,290)
NET INCREASE (DECREASE) IN CASH	343,277	(123,400)	(977,562)
CASH AT BEGINNING OF YEAR	427,973	551,373	1,528,935
CASH AT END OF YEAR	771,250	427,973	551,373
Supplemental Schedule of Noncash Investing Activity
Sale of investment property for note receivable	$ 0	$ 0	$ 300,000

Balance Sheets (USD $)	Dec. 31, 2011	Dec. 31, 2010
ASSETS
Land	$ 2,956,118	$ 3,853,775
Buildings	5,028,699	5,879,051
Accumulated depreciation	(3,684,775)	(4,178,495)
Net investment properties	4,300,042	5,554,331
OTHER ASSETS:
Cash	771,250	427,973
Cash held in Indemnification Trust (Note 9)	451,961	451,387
Property tax cash escrow	28,130	40,417
Rents and other receivables	430,048	403,913
Property held for sale (Note 3)	185,664	33,991
Deferred rent receivable	1,767	12,217
Prepaid insurance	4,910	5,469
Deferred charges, net	221,789	255,844
Note receivable (Note 11)	253,247	276,238
Total other assets	2,348,766	1,907,449
Total assets	6,648,808	7,461,780
LIABILITIES AND PARTNERS' CAPITAL
Accounts payable and accrued expenses	14,586	20,098
Property tax payable	28,134	60,088
Due to General Partner (Note 6)	1,757	1,825
Security deposits	70,440	88,440
Unearned rental income	5,000	5,000
Total current liabilities	119,917	175,451
CONTINGENCIES AND COMMITMENTS (Notes 8 and 9)
PARTNERS' CAPITAL: (Notes 1, 4 and 10)
Cumulative net income	315,120	312,364
Cumulative cash distributions	(131,952)	(128,871)
Total general partners' capital	183,168	183,493
Limited Partners (46,280.3 interests outstanding at December 31, 2011 and 2010)
Capital contributions, net of offering costs	39,358,468	39,358,468
Cumulative net income	37,562,752	37,289,865
Cumulative cash distributions	(69,735,268)	(68,705,268)
Reallocation of former general partners' deficit capital	(840,229)	(840,229)
Total limited partners' capital	6,345,723	7,102,836
Total partners' capital	6,528,891	7,286,329
Total liabilities and partners' capital	$ 6,648,808	$ 7,461,780

Statements Of Partners' Capital (USD $)	Cumulative Net Income [Member] General Partner [Member]	Cumulative Net Income [Member] Limited Partners [Member]	Cumulative Cash Distributions [Member] General Partner [Member]	Cumulative Cash Distributions [Member] Limited Partners [Member]	Capital Contributions, Net Of Offering Costs [Member] Limited Partners [Member]	Reallocation [Member] Limited Partners [Member]	General Partner [Member]	Limited Partners [Member]	Total
BALANCE at Dec. 31, 2008	$ 296,493	$ 35,718,659	$ (122,321)	$ (65,480,268)	$ 39,358,468	$ (840,229)	$ 174,172	$ 8,756,630	$ 8,930,802
Cash Distributions			(3,290)	(2,050,000)			(3,290)	(2,050,000)	(2,053,290)
Net Income	7,721	764,353					7,721	764,353	772,074
BALANCE at Dec. 31, 2009	304,214	36,483,012	(125,611)	(67,530,268)	39,358,468	(840,229)	178,603	7,470,983	7,649,586
Cash Distributions			(3,260)	(1,175,000)			(3,260)	(1,175,000)	(1,178,260)
Net Income	8,150	806,853					8,150	806,853	815,003
BALANCE at Dec. 31, 2010	312,364	37,289,865	(128,871)	(68,705,268)	39,358,468	(840,229)	183,493	7,102,836	7,286,329
Cash Distributions			(3,081)	(1,030,000)			(3,081)	(1,030,000)	(1,033,081)
Net Income	2,756	272,887					2,756	272,887	275,643
BALANCE at Dec. 31, 2011	$ 315,120	$ 37,562,752	$ (131,952)	$ 69,735,268	$ 39,358,468	$ (840,229)	$ 183,168	$ 6,345,723	$ 6,528,891

Statements Of Partners' Capital (Parenthetical) (USD $)	12 Months Ended
Statements Of Partners' Capital (Parenthetical) (USD $)	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Statements Of Partners' Capital [Abstract]
Cash distributions per limited partnership interest	$ 22.26	$ 25.39	$ 44.30

Balance Sheets (Parenthetical)	Dec. 31, 2011	Dec. 31, 2010
Balance Sheets [Abstract]
Limited Partners' capital account, interests outstanding	46,280.3	46,280.3

PMA Indemnification Trust	12 Months Ended
PMA Indemnification Trust	Dec. 31, 2011
PMA Indemnification Trust [Abstract]
PMA Indemnification Trust	9. PMA INDEMNIFICATION TRUST: The PMA provides that TPG will be indemnified from any claims or expenses arising out of or relating to TPG serving in such capacity or as substitute general partner, so long as such claims do not arise from fraudulent or criminal misconduct by TPG. The PMA provides that the Partnership fund this indemnification obligation by establishing a reserve of up to $250,000 of Partnership assets which would not be subject to the claims of the Partnership's creditors. An Indemnification Trust ("Trust") serving such purposes has been established at United Missouri Bank, N.A. The corpus of the Trust has been fully funded with Partnership assets. Funds are invested in U.S. Treasury securities. In addition, $201,961 of earnings has been credited to the Trust as of December 31, 2011. The rights of TPG to the Trust will be terminated upon the earliest to occur of the following events: (i) the written release by TPG of any and all interest in the Trust; (ii) the expiration of the longest statute of limitations relating to a potential claim which might be brought against TPG and which is subject to indemnification; or (iii) a determination by a court of competent jurisdiction that TPG shall have no liability to any person with respect to a claim which is subject to indemnification under the PMA. At such time as the indemnity provisions expire or the full indemnity is paid, any funds remaining in the Trust will revert back to the general funds of the Partnership.

Document And Entity Information (USD $)	12 Months Ended
Document And Entity Information (USD $)	Dec. 31, 2011	Jan. 17, 2012
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2011
Document Fiscal Year Focus	2011
Document Fiscal Period Focus	FY
Entity Registrant Name	DIVALL INSURED INCOME PROPERTIES 2 LIMITED PARTNERSHIP
Entity Central Index Key	0000825788
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		0
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Public Float		$ 0

Former General Partners' Capital Accounts	12 Months Ended
Former General Partners' Capital Accounts	Dec. 31, 2011
Former General Partners' Capital Accounts [Abstract]
Former General Partners' Capital Accounts	10. FORMER GENERAL PARTNERS' CAPITAL ACCOUNTS: The capital account balance of the former general partners as of May 26, 1993, the date of their removal as general partners pursuant to the results of a solicitation of written consents from the Limited Partners, was a deficit of $840,229. At December 31, 1993, the former general partners' deficit capital account balance in the amount of $840,229 was reallocated to the Limited Partners.

Statements Of Income (USD $)	12 Months Ended
Statements Of Income (USD $)	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
OPERATING REVENUES:
Rental income (Note 5)	$ 1,456,112	$ 1,425,617	$ 1,427,925
TOTAL OPERATING REVENUES	1,456,112	1,425,617	1,427,925
EXPENSES:
Partnership management fees (Note 6)	244,943	241,579	240,841
Restoration fees (Note 6)	299	497	459
Insurance	5,892	29,105	34,541
General and administrative	63,355	65,594	102,635
Advisory Board fees and expenses	10,500	10,500	10,000
Professional services	226,482	177,514	197,732
Personal property taxes	820	820	820
Depreciation	150,106	150,106	149,894
Amortization	29,021	29,242	19,385
TOTAL OPERATING EXPENSES	731,418	704,957	756,307
OTHER INCOME
Other interest income	2,462	2,638	3,498
Note receivable interest income (Note 11)	19,273	20,876	1,148
Other income	240	3,904	3,408
Recovery of amounts previously written off (Note 2)	7,464	12,429	11,476
TOTAL OTHER INCOME	29,439	39,847	19,530
INCOME FROM CONTINUING OPERATIONS	754,133	760,507	691,148
(LOSS) INCOME FROM DISCONTINUED OPERATIONS (Note 3)	(478,490)	54,496	80,926
NET INCOME	275,643	815,003	772,074
NET INCOME- GENERAL PARTNER	2,756	8,150	7,721
NET INCOME- LIMITED PARTNERS	272,887	806,853	764,353
Net Income	$ 275,643	$ 815,003	$ 772,074
PER LIMITED PARTNERSHIP INTEREST, Based on 46,280.3 interests outstanding:
INCOME FROM CONTINUING OPERATIONS	$ 16.13	$ 16.27	$ 14.79
(LOSS) INCOME FROM DISCONTINUED OPERATIONS	$ (10.23)	$ 1.16	$ 1.73
NET INCOME PER LIMITED PARTNERSHIP INTEREST	$ 5.90	$ 17.43	$ 16.52

Partnership Agreement	12 Months Ended
Partnership Agreement	Dec. 31, 2011
Partnership Agreement [Abstract]
Partnership Agreement	4. PARTNERSHIP AGREEMENT: The Amended Agreement of Limited Partnership was amended, effective as of November 9, 2009, to extend the term of the Partnership to November 30, 2020, or until dissolution prior thereto pursuant to the consent of the majority of the outstanding Units. The Second Amendment to the Partnership Agreement was filed as Exhibit 4.1 to the Partnership Quarterly Report on Form 10-Q filed November 12, 2009. The Partnership Agreement, prior to an amendment effective May 26, 1993, provided that, for financial reporting and income tax purposes, net profits or losses from operations were allocated 90% to the Limited Partners and 10% to the general partners. The Partnership Agreement also provided for quarterly cash distributions from Net Cash Receipts, as defined, within 60 days after the last day of the first full calendar quarter following the date of release of the subscription funds from escrow, and each calendar quarter thereafter, in which such funds were available for distribution with respect to such quarter. Such distributions were to be made 90% to Limited Partners and 10% to the former general partners, provided, however, that quarterly distributions were to be cumulative and were not to be made to the former general partners unless and until each Limited Partner had received a distribution from Net Cash Receipts in an amount equal to 10% per annum, cumulative simple return on his or her Adjusted Original Capital, as defined, from the Return Calculation Date, as defined. Net Proceeds, as originally defined, were to be distributed as follows: (a) to the Limited Partners, an amount equal to 100% of their Adjusted Original Capital; (b) then, to the Limited Partners, an amount necessary to provide each Limited Partner a Liquidation Preference equal to a 13.5% per annum, cumulative simple return on Adjusted Original Capital from the Return Calculation date including in the calculation of such return all prior distributions of Net Cash Receipts and any prior distributions of Net Proceeds under this clause; and (c) then, to Limited Partners, 90% and to the General Partners, 10%, of the remaining Net Proceeds available for distribution. On May 26, 1993, pursuant to the results of a solicitation of written consents from the Limited Partners, the Partnership Agreement was amended to replace the former general partners and amend various sections of the agreement. The former general partners were replaced as General Partner by The Provo Group, Inc., an Illinois corporation. Under the terms of the amendment, net profits or losses from operations are allocated 99% to the Limited Partners and 1% to the current General Partner. The amendment also provided for distributions from Net Cash Receipts to be made 99% to Limited Partners and 1% to the current General Partner, provided that quarterly distributions are cumulative and are not to be made to the current General Partner unless and until each Limited Partner has received a distribution from Net Cash Receipts in an amount equal to 10% per annum, cumulative simple return on his or her Adjusted Original Capital, as defined, from the Return Calculation Date, as defined, except to the extent needed by the General Partner to pay its federal and state income taxes on the income allocated to it attributable to such year. The provisions regarding distribution of Net Proceeds, as defined, were also amended to provide that Net Proceeds are to be distributed as follows: (a) to the Limited Partners, an amount equal to 100% of their Adjusted Original Capital; (b) then, to the Limited Partners, an amount necessary to provide each Limited Partner a Liquidation Preference equal to a 13.5% per annum, cumulative simple return on Adjusted Original Capital from the Return Calculation Date including in the calculation of such return on all prior distributions of Net Cash Receipts and any prior distributions of Net Proceeds under this clause, except to the extent needed by the General Partner to pay its federal and state income tax on the income allocated to it attributable to such year; and (c) then, to Limited Partners, 99%, and to the General Partner, 1%, of remaining Net Proceeds available for distribution. Additionally, per the amendment of the Partnership Agreement dated May 26, 1993, the total compensation paid to all persons for the sale of the investment properties is limited to commissions customarily charged by other brokers in arm's-length sales transactions involving comparable properties in the same geographic area, not to exceed six percent of the contract price for the sale of the property. The General Partner may receive up to one-half of the competitive real estate commission, not to exceed three percent, provided that the General Partner provides a substantial amount of services in the sales effort. It is further provided that a portion of the amount of such fees payable to the General Partner is subordinated to its success in recovering the funds misappropriated by the former general partners. See Note 6 for further information. Effective June 1, 1993, the Partnership Agreement was amended to (i) change the definition of "Distribution Quarter" to be consistent with calendar quarters, and (ii) change the distribution provisions to subordinate the General Partner's share of distributions from Net Cash Receipts and Net Proceeds, except to the extent necessary for the General Partner to pay its federal and state income taxes on Partnership income allocated to the General Partner. Because these amendments do not adversely affect the rights of the Limited Partners, pursuant to section 10.2 of the Partnership Agreement, the General Partner made the amendments without a vote of the Limited Partners.

Contingent Liabilities	12 Months Ended
Contingent Liabilities	Dec. 31, 2011
Contingent Liabilities [Abstract]
Contingent Liabilities	8. CONTINGENT LIABILITIES: According to the Partnership Agreement, as amended, TPG, as General Partner, may receive a disposition fee not to exceed three percent of the contract price on the sale of the three original Partnerships' properties (See Note 2 for further information as to the original partnerships). In addition, fifty percent of all such disposition fees earned by TPG were to be escrowed until the aggregate amount of recovery of the funds misappropriated from the Partnerships by the former general partners was greater than $4,500,000. Upon reaching such recovery level, full disposition fees would thereafter be payable and fifty percent of the previously escrowed amounts would be paid to TPG. At such time as the recovery exceeded $6,000,000 in the aggregate, the remaining escrowed disposition fees were to be paid to TPG. If such levels of recovery were not achieved, TPG would contribute the amounts escrowed toward the recovery until the Partnership's were made whole. In lieu of a disposition fee escrow, the fifty percent of all such disposition fees previously discussed were paid directly to a restoration account and then distributed among the three original Partnerships; whereby the Partnerships recorded the recoveries as income (Note 2). After the recovery level of $4,500,000 was exceeded, fifty percent of the total disposition fee amount paid to the Partnerships recovery through the restoration account (in lieu of the disposition fee escrow) was refunded to TPG during March 1996. The remaining fifty percent amount allocated to the Partnership through the restoration account, and which was previously reflected as Partnership recovery income, may be owed to TPG if the $6,000,000 recovery level is met. As of December 31, 2011, the Partnership may owe TPG $16,296 if the $6,000,000 recovery level is achieved. TPG does not expect any future refund, as it is uncertain that such a $6,000,000 recovery level will be achieved.

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2011
Subsequent Events [Abstract]
Subsequent Events	13. SUBSEQUENT EVENTS Vacant Phoenix, AZ Property A contract ("Contract") to sell the vacant Phoenix, AZ property to an unaffiliated party was executed on February 14, 2012 for the sale price of $325,000. The potential buyer provided an earnest money deposit of $25,000, which is held by an independent escrow company. Per the Contract, closing is anticipated to occur prior to and up to 210 days out from the contract execution date. Closing costs are estimated to be approximately $30,000, which includes commissions totaling approximately $23,000 in the aggregate, which are anticipated to be paid to two unaffiliated brokers. The net book value of the vacant, Phoenix, AZ property at December 31, 2011, classified as property held for sale in the condensed financial statements, was approximately $151,700, which included $123,369 related to land, $26,631 related to building, net of accumulated depreciation, $9,300 related to a utilities security deposit, $700 related to rents and other receivables, $1,600 related to prepaid insurance, $2,300 related to accounts payable and accrued expenses and $7,600 related to property tax payable. The $325,000 sales contract has various due diligence and feasibility periods, as well as additional extensions and Management has no measure of certainty that the Contract will close or if a specific and unique re-use of the now vacant property will materialize. Therefore, the $150,000 net book value for the vacant property at December 31, 2011, is its estimated fair value based on income capitalization calculations using historical capitalization rates (used by Management in relation to the property for annual Partnership Net Unit Valuations) applied to independently identified market rents, less known re-leasing costs such as estimated roof, parking lot and miscellaneous repairs, as well as leasing commissions. The estimated fair value is not necessarily what the Partnership will settle (sales price net of closing costs), within an actual arms length sales transaction of the vacant property. Limited Partner Distributions On February 15, 2012, the Partnership made distributions to the Limited Partners of $640,000, which amounted to $13.83 per Interest.

Statements Of Income (Parenthetical)	12 Months Ended
Statements Of Income (Parenthetical)	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Statements Of Income[Abstract]
Interests outstanding	46,280.3	46,280.3	46,280.3

Regulatory Investigation	12 Months Ended
Regulatory Investigation	Dec. 31, 2011
Regulatory Investigation [Abstract]
Regulatory Investigation	2. REGULATORY INVESTIGATION: A preliminary investigation during 1992 by the Office of Commissioner of Securities for the State of Wisconsin and the Securities and Exchange Commission (the "Investigation") revealed that during at least the four years ended December 31, 1992, the former general partners of the Partnership, Gary J. DiVall ("DiVall") and Paul E. Magnuson ("Magnuson"), had transferred substantial cash assets of the Partnership and two affiliated publicly registered limited partnerships, DiVall Insured Income Fund Limited Partnership ("DiVall 1"), which was dissolved December of 1998, and DiVall Income Properties 3 Limited Partnership ("DiVall 3"), which was dissolved December of 2003, (collectively, the "three original partnerships") to various other entities previously sponsored by or otherwise affiliated with Gary J. DiVall and Paul E. Magnuson. The unauthorized transfers were in violation of the respective Partnership Agreements and resulted, in part, from material weaknesses in the internal control system of the Partnerships. Subsequent to discovery, and in response to the regulatory inquiries, TPG was appointed Permanent Manager (effective February 8, 1993) to assume responsibility for daily operations and assets of the Partnerships as well as to develop and execute a plan of restoration for the three original partnerships. Effective May 26, 1993, the Limited Partners, by written consent of a majority of interests, elected TPG as General Partner. TPG terminated the former general partners by accepting their tendered resignations. In 1993, the General Partner estimated an aggregate recovery of $3 million for the three original partnerships. At that time, an allowance was established against amounts due from former general partners and their affiliates reflecting the estimated $3 million receivable. This net receivable was allocated among the three original partnerships based on their pro rata share of the total misappropriation, and restoration costs and recoveries have been allocated based on the same percentage. Through December 31, 2011, approximately $5,918,000 of recoveries have been received which exceeded the original estimate of $3 million. As a result, from January 1, 1996 through December 31, 2011, the Partnership has recognized a total of approximately $1,228,000 as recovery of amounts previously written off in the statements of income, which represents its share of the excess recovery. The General Partner continues to pursue recoveries of the misappropriated funds; however, no further significant recoveries are anticipated.