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CONDENSED STATEMENTS OF INCOME (LOSS) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
OPERATING REVENUES:        
Rental income (Note 5) $ 461,800 $ 449,225 $ 1,007,324 $ 985,775
TOTAL OPERATING REVENUES 461,800 449,225 1,007,324 985,775
OPERATING EXPENSES        
Partnership management fees (Note 6) 64,734 63,420 193,326 188,924
Restoration fees (Note 6) 0 0 0 40
Insurance 1,470 1,473 4,412 4,419
General and administrative 12,921 11,709 47,528 66,207
Advisory Board fees and expenses 2,125 2,625 7,375 7,875
Professional services 53,629 45,356 198,639 182,654
Other property expenses 0 820 0 820
Depreciation 37,527 37,527 112,579 112,579
Amortization 7,373 7,137 21,707 21,538
TOTAL OPERATING EXPENSES 179,779 170,067 585,566 585,056
OTHER INCOME        
Interest income 1,304 477 2,521 1,243
Note receivable interest income (Note 11) 3,224 4,338 10,127 13,336
Recovery of amounts previously written off (Note 2) 0 0 0 1,000
Other income 0 1,702 280 3,242
TOTAL OTHER INCOME 4,528 6,517 12,928 18,821
INCOME FROM CONTINUING OPERATIONS 286,549 285,675 434,686 419,540
INCOME (LOSS) FROM DISCONTINUED OPERATIONS (Notes 1 and 3) 0 (10,144) 302,704 (33,064)
NET INCOME 286,549 275,531 737,390 386,476
NET INCOME-GENERAL PARTNER 2,865 2,755 7,374 3,865
NET INCOME-LIMITED PARTNERS 283,684 272,776 730,016 382,611
NET INCOME $ 286,549 $ 275,531 $ 737,390 $ 386,476
PER LIMITED PARTNERSHIP INTEREST, Based on 46,280.3 interests outstanding:        
INCOME FROM CONTINUING OPERATIONS $ 6.13 $ 6.11 $ 9.30 $ 8.97
INCOME (LOSS) FROM DISCONTINUED OPERATIONS $ 0.00 $ (0.22) $ 6.48 $ (0.71)
NET INCOME PER LIMITED PARTNERSHIP INTEREST $ 6.13 $ 5.89 $ 15.78 $ 8.26