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Transactions with General Partner and Its Affiliates (Tables)
9 Months Ended
Sep. 30, 2014
Related Party Transactions [Abstract]  
Amounts Paid and/or Accrued to 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, 2014 and 2013 are as follows:

 

     Three Month
Period ended
September 30,
2014
     Three Month
Period ended
September 30,
2013
     Nine month
Period ended
September 30,
2014
     Nine month
Period ended
September 30,
2013
 
     (Unaudited)      (Unaudited)      (Unaudited)      (Unaudited)  

General Partner

           

Management fees

   $ 65,679       $ 64,734       $ 196,407       $ 193,326   

Overhead allowance

     5,298         5,223         15,844         15,597   

Other outsourced administrative fees

     450         525         2,213         5,475   

Sales and Leasing Commissions

     0         6,160         0         22,456   

Reimbursement for out-of-pocket expenses

     923         1,240         3,071         4,164   

Cash distribution

     1,037         1,146         1,372         2,949   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 73,387       $ 79,028       $ 218,907       $ 243,967   
  

 

 

    

 

 

    

 

 

    

 

 

 
Security Ownership of Partnership's Principal Executive Officer

The following chart identifies the security ownership of the Partnership’s principal executive officer as the sole named executive officer holding any limited partnership interests:

 

Title of Class

  

Name of

Beneficial Owner(1)

   Amount and
Nature of
Beneficial
Ownership
    Percentage of
Class
Outstanding(3)
 

Limited Partnership Interest

   Bruce A. Provo      200  (2)      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) Based on 46,280.3 limited partnership interests outstanding as of September 30, 2014.