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TRANSACTIONS WITH OWNERS WITH GREATER THAN TEN PERCENT BENEFICIAL INTERESTS
6 Months Ended
Jun. 30, 2014
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, 2014, Jesse Small, an Advisory Board Member, beneficially owned greater than ten percent of the Partnership’s limited partnership interests. 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, 2014 and 2013 are as follows:

 

     Three Month
Period ended
June 30, 2014
     Three Month
Period ended
June 30, 2013
     Six Month
Period ended
June 30, 2014
     Six Month
Period ended
June 30, 2013
 
     (Unaudited)      (Unaudited)      (Unaudited)      (Unaudited)  

Advisory Board Fees paid

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

 

 

    

 

 

    

 

 

    

 

 

 

At June 30, 2014 and December 31, 2013 there were no outstanding Advisory Board fees accrued and payable to Jesse Small.