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Transactions with General Partner and Its Affiliates (Tables)
6 Months Ended
Jun. 30, 2015
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 six month periods ended June 30, 2015 and 2014 are as follows:

 

     Three Month
Period
ended
June 30,
2015
     Three Month
Period
ended
June 30,
2014
     Six Month
Period
ended
June 30,
2015
     Six Month
Period
ended
June 30,
2014
 
     (Unaudited)      (Unaudited)      (Unaudited)      (Unaudited)  

General Partner

           

Management fees

   $ 66,744       $ 65,679       $ 132,778       $ 130,728   

Restoration fees

     0         0         0         0   

Overhead allowance

     5,385         5,298         10,712         10,546   

Other outsourced administrative fees

     300         675         788         1,763   

Sales Commission

     0         0         0         0   

Reimbursement for out-of-pocket expenses

     0         986         2,500         2,148   

Cash distribution

     509         335         535         335   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 72,938       $ 72,973       $ 147,313       $ 145,520   
  

 

 

    

 

 

    

 

 

    

 

 

 

Beneficial Ownership of Partnership's Principal Executive Officer

The following chart identifies the beneficial ownership of the Partnership’s principal executive officer, being the sole named executive officer of the Partnership that directly or indirectly holds 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 June 30, 2015.