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Transactions with Owners with Greater than Ten Percent Beneficial Interests
6 Months Ended
Jun. 30, 2016
Transactions With Owners With Greater Than Ten Percent Beneficial Interests  
Transactions with Owners with Greater than Ten Percent Beneficial Interests

7. TRANSACTIONS WITH OWNERS WITH GREATER THAN TEN PERCENT BENEFICIAL INTERESTS:

 

As of June 30, 2016, Jesse Small, an Advisory Board Member, beneficially owned greater than ten percent of the Partnership’s outstanding limited partnership interests. Amounts paid to Mr. Small for his services as a member of the Advisory Board for the three and six month periods ended June 30, 2016 and 2015 are as follows:

 

    Three Month
Period ended
June 30, 2016
    Three Month
Period ended
June 30, 2015
    Six Month
Period ended
June 30, 2016
    Six Month
Period ended
June 30, 2015
 
    (Unaudited)     (Unaudited)   (Unaudited)     (Unaudited)  
                       
Advisory Board Fees paid   $ 875     $ 875     $ 1,750     $ 1,750  
                                 

 

At June 30, 2016 and December 31, 2015 there were no outstanding Advisory Board fees accrued and payable to Jesse Small.