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Transactions with Owners with Greater than Ten Percent Beneficial Interests
6 Months Ended
Jun. 30, 2012
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 June 30, 2012, Advisory Board Member, Jesse Small, owned beneficially greater than ten percent of the Partnership’s Units. Amounts paid to Mr. Small for his services as a member of the Advisory Board for the three and six month periods ended June 30, 2012 and 2011 are as follows:

 

                                 
    Incurred for the
Three Month
Period ended
June 30, 2012
    Incurred for the
Three Month
Period ended
June 30, 2011
    Incurred for the
Six Month
Period ended
June 30, 2012
    Incurred for the
Six Month
Period ended
June 30, 2011
 
    (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)  
         

Advisory Board Fees paid

  $ 875     $ 875     $ 1,750     $ 1,750  
   

 

 

   

 

 

   

 

 

   

 

 

 

At June 30, 2012 and December 31, 2011 there were no outstanding Advisory Board Fees accrued and payable to Jesse Small.