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Condensed Statements of Income (Loss) (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
OPERATING REVENUES:        
Rental income (Note 5) $ 461,057 $ 450,109 $ 1,012,904 $ 986,706
TOTAL OPERATING REVENUES 461,057 450,109 1,012,904 986,706
OPERATING EXPENSES        
Partnership management fees (Note 6) 66,744 65,679 199,522 196,407
Insurance 1,465 1,498 4,396 4,493
General and administrative 15,249 15,884 54,789 80,504
Advisory Board fees and expenses 2,625 2,625 7,875 7,875
Professional services 50,340 50,308 213,170 209,259
Depreciation 33,839 34,116 101,517 109,169
Amortization 6,765 6,722 20,295 20,910
TOTAL OPERATING EXPENSES 177,027 176,832 601,564 628,617
OTHER INCOME        
Interest income 845 761 3,545 2,612
Note receivable interest income (Note 10) 1,484 2,585 5,237 8,244
Other income 60 0 60 0
TOTAL OTHER INCOME 2,389 3,346 8,842 10,856
INCOME FROM CONTINUING OPERATIONS 286,419 276,623 420,182 368,945
LOSS FROM DISCONTINUED OPERATIONS (Notes 1 and 3) 0 (14,283) (67) (19,818)
NET INCOME 286,419 262,340 420,115 349,127
NET INCOME - GENERAL PARTNER 2,864 2,623 4,202 3,491
NET INCOME - LIMITED PARTNERS 283,555 259,717 415,913 345,636
NET INCOME $ 286,419 $ 262,340 $ 420,115 $ 349,127
PER LIMITED PARTNERSHIP INTEREST, Based on 46,280.3 interests outstanding:        
INCOME FROM CONTINUING OPERATIONS $ 6.13 $ 5.92 $ 8.99 $ 7.89
INCOME (LOSS) FROM DISCONTINUED OPERATIONS 0.00 (0.31) 0.00 (0.42)
NET INCOME PER LIMITED PARTNERSHIP INTEREST $ 6.13 $ 5.61 $ 8.99 $ 7.47