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Transactions with General Partner and its Affiliates (Tables)
9 Months Ended
Sep. 30, 2016
Related Party Transactions [Abstract]  
Schedule of 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 nine month periods ended September 30, 2016 and 2015 are as follows:

 

    Three Month     Three Month     Nine month     Nine month  
    Period ended     Period ended     Period ended     Period ended  
    September 30, 2016     September 30, 2015     September 30, 2016     September 30, 2015  
    (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)  
General Partner                                
                                 
Management fees   $ 66,825     $ 66,744     $ 200,421     $ 199,522  
Overhead allowance     5,391       5,385       16,169       16,097  
Other outsourced administrative fees     0       0       0       1,088  
Reimbursement for out-of-pocket expenses     0       0       2,500       2,500  
Sales and Leasing Commissions     9,099       0       9,099       0  
Cash distribution due to partner     1,252       1,146       1,764       1,681  
    $ 82,567     $ 73,575     $ 229,953     $ 220,888  

Schedule of Beneficial Ownership of Partnership's Principal Executive Officer

The following table identifies the beneficial ownership of Mr. Provo, who, controls the General Partner, and performs the functions of the Partnership’s principal executive officer. Mr. Provo is the only person performing the function of an executive officer of the Partnership that beneficially owns 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 September 30, 2016.