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Condensed Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
INVESTMENT PROPERTIES: (Note 3)    
Land $ 2,794,122 $ 2,794,122
Buildings 4,468,642 4,468,642
Accumulated depreciation (3,904,430) (3,802,913)
Net investment properties 3,358,334 3,459,851
OTHER ASSETS:    
Cash 246,040 246,791
Cash held in Indemnification Trust (Note 9) 454,692 453,171
Property tax cash escrow 12,256 3,931
Security deposits escrow 70,852 70,617
Rents and other receivables 322,481 549,289
Deferred tenant award proceeds escrow 112,445 126,523
Prepaid insurance 489 4,885
Deferred charges, net 121,818 133,014
Note receivable (Note 10) 10,676 57,157
Total other assets 1,351,749 1,645,378
Total assets 4,710,083 5,105,229
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 17,423 13,353
Property tax payable 11,331 3,006
Due to General Partner (Note 6) 1,252 1,416
Deferred rent 111,564 128,024
Security deposits 70,440 70,440
Unearned rental income 5,000 5,000
Total current liabilities 217,010 221,239
General Partner -    
Cumulative net income (retained earnings) 355,336 350,928
Cumulative cash distributions (147,456) (145,692)
Total general partners' capital 207,880 205,236
Limited Partners (46,280.3 interests outstanding at September 30, 2016 and December 31, 2015)    
Capital contributions 46,280,300 46,280,300
Offering Costs (6,921,832) (6,921,832)
Cumulative net income (retained earnings) 41,544,222 41,107,783
Cumulative cash distributions (75,777,268) (74,947,268)
Total limited partners' capital 5,125,422 5,518,983
Cumulative net income (retained earnings) 707,513 707,513
Cumulative cash distributions (1,547,742) (1,547,742)
Total former general partners' capital (840,229) (840,229)
Total partners' capital 4,493,073 4,883,990
Total liabilities and partners' capital $ 4,710,083 $ 5,105,229