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Transactions with General Partner and Its Affiliates (Tables)
3 Months Ended
Mar. 31, 2017
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-month periods ended March 31, 2017 and 2016 are as follows:

 

    Incurred for the     Incurred for the  
    Three Months Ended March 31, 2017     Three Months Ended March 31, 2016  
    (unaudited)     (unaudited)  
General Partner                
Management fees   $ 67,106     $ 66,771  
Overhead allowance     5,414       5,387  
Leasing commissions     90,765       -  
Reimbursement for out-of-pocket expenses     2,500       2,500  
Cash distribution     -       120  
    $ 165,785     $ 74,778  

Schedule of Beneficial Ownership of Partnership's Principal Executive Officer

The following table identifies the beneficial ownership of Mr. Provo, the executive officer and director of the General Partner, with the General Partner controlling the affairs of the Partnership. Mr. Provo is the only person performing the functions 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 March 31, 2017.