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CONDENSED STATEMENTS OF INCOME (LOSS) (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
OPERATING REVENUES:        
Rental income (Note 5) $ 305,699 $ 289,320 $ 564,347 $ 545,524
TOTAL OPERATING REVENUES 305,699 289,320 564,347 545,524
OPERATING EXPENSES        
Partnership management fees (Note 6) 65,679 64,734 130,728 128,592
Insurance 1,732 1,471 3,230 2,940
General and administrative 46,246 13,737 95,736 36,399
Advisory Board fees and expenses 2,625 2,625 5,250 5,250
Professional services 53,210 49,143 158,951 147,785
Property tax expense 1,629 0 1,629 0
Other property expenses 306 0 306 0
Depreciation 37,526 37,526 75,053 75,053
Amortization 7,019 7,168 14,187 14,336
TOTAL OPERATING EXPENSES 215,972 176,404 485,070 410,355
OTHER INCOME        
Interest income 862 434 1,851 1,216
Note receivable interest income (Note 11) 2,748 3,376 5,659 6,903
Gain on sale of land 0 307,270 0 307,270
Other income 0 0 0 280
TOTAL OTHER INCOME 3,610 311,080 7,510 315,669
NET INCOME 93,337 423,996 86,787 450,838
NET INCOME - GENERAL PARTNER 933 4,240 868 4,508
NET INCOME - LIMITED PARTNERS 92,404 419,756 85,919 446,330
NET INCOME $ 93,337 $ 423,996 $ 86,787 $ 450,838
PER LIMITED PARTNERSHIP INTEREST, Based on 46,280.3 interests outstanding:        
NET INCOME PER LIMITED PARTNERSHIP INTEREST $ 2.00 $ 9.07 $ 1.86 $ 9.64