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Transactions with General Partner and Its Affiliates (Tables)
9 Months Ended
Sep. 30, 2012
Related Party Transactions [Abstract]  
Amounts paid and/or accrued to the General Partner and its affiliates

Amounts paid and/or accrued to the General Partner and its affiliates for the three and nine month periods ended September 30, 2012 and 2011 are as follows:

 

                                 
    Incurred for the
Three Month
Period ended
September 30,
2012
    Incurred for the
Three Month
Period ended
September 30,
2011
    Incurred for the
Nine Month
Period ended
September 30,
2012
    Incurred for the
Nine Month
Period ended
September 30,
2011
 
    (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)  

General Partner

                               

Management fees

  $ 63,420     $ 61,466     $ 188,924     $ 183,507  

Restoration fees

    0       10       40       259  

Overhead allowance

    5,115       4,959       15,241       14,823  

Other outsourced administrative fees

    0       0       6,200       0  

Lease Commissions

    0       0       0       5,346  

Reimbursement for out-of-pocket expenses

    1,369       1,293       5,237       4,312  

Cash distribution

    1,102       1,065       1,546       1,777  
   

 

 

   

 

 

   

 

 

   

 

 

 
    $ 71,006     $ 68,793     $ 217,188     $ 210,024  
   

 

 

   

 

 

   

 

 

   

 

 

 
Security ownership of the Partnership principal executive officer and principal financial officer

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 September 30, 2012.