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TRANSACTIONS WITH OWNERS WITH GREATER THAN TEN PERCENT BENEFICIAL INTERESTS
6 Months Ended
Jun. 30, 2013
Text Block [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, 2013, 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, 2013 and 2012 are as follows:

 

     Incurred for the
Three Month
Period ended
June 30, 2013
     Incurred for the
Three Month
Period ended
June 30, 2012
     Incurred for the
Six Month
Period ended
June 30, 2013
     Incurred for the
Six Month
Period ended
June 30, 2012
 
     (Unaudited)      (Unaudited)      (Unaudited)      (Unaudited)  

Advisory Board Fees paid

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

 

 

    

 

 

    

 

 

    

 

 

 

At June 30, 2013 and December 31, 2012 there were no outstanding Advisory Board Fees accrued and payable to Jesse Small.