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Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
INVESTMENT PROPERTIES: (Note 2)    
Land $ 2,527,947 $ 2,794,122
Buildings 4,101,067 4,468,642
Accumulated depreciation (3,621,157) (3,802,913)
Net investment properties 3,007,857 3,459,851
OTHER ASSETS:    
Cash 200,369 246,791
Cash held in Indemnification Trust (Note 8) 454,692 453,171
Property tax cash escrow 3,931
Security deposits escrow 64,355 70,617
Rents and other receivables 581,324 549,289
Deferred tenant award proceeds escrow 107,095 126,523
Prepaid insurance 11,135 4,885
Utility deposit 6,530
Properties held for sale 317,151
Deferred charges, net 113,787 133,014
Note receivable (Note 9) 57,157
Total other assets 1,856,438 1,645,378
Total assets 4,864,295 5,105,229
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 25,399 13,353
Property tax payable 3,006
Due to General Partner (Note 5) 1,242 1,416
Deferred rent 106,077 128,024
Security deposits 64,340 70,440
Unearned rental income 5,000 5,000
Total current liabilities 202,058 221,239
CONTINGENCIES AND COMMITMENTS (Notes 7 and 8)
General Partner -    
Cumulative net income (retained earnings) 358,441 350,928
Cumulative cash distributions (148,698) (145,692)
Total general partners' capital 209,743 205,236
Limited Partners (46,280.3 interests outstanding at December 31, 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) 41,851,523 41,107,783
Cumulative cash distributions (75,917,268) (74,947,268)
Total limited partners' capital 5,292,723 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 4,662,237 4,883,990
Total liabilities and partners' capital $ 4,864,295 $ 5,105,229