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Transactions with Owners with Greater than Ten Percent Beneficial Interests
3 Months Ended
Mar. 31, 2015
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 March 31, 2015, 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 month periods ended March 31, 2015 and 2014 are as follows:

 

     Incurred for the
Three Month
Period ended
March 31, 2015
     Incurred for the
Three Month
Period ended
March 31, 2014
 
     (Unaudited)      (Unaudited)  

Advisory Board Fees paid

   $ 875       $ 875   
  

 

 

    

 

 

 

At March 31, 2015 and December 31, 2014 there were no outstanding Advisory Board Fees accrued and payable to Jesse Small.