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Condensed Balance Sheets - USD ($)
Jun. 30, 2017
Dec. 31, 2016
INVESTMENT PROPERTIES: (Note 2)    
Land $ 2,527,947 $ 2,527,947
Buildings 4,101,067 4,101,067
Accumulated depreciation (3,683,228) (3,621,157)
Net investment properties 2,945,786 3,007,857
OTHER ASSETS:    
Cash 261,140 200,369
Cash held in Indemnification Trust (Note 8) 455,807 454,692
Security deposits escrow 64,432 64,355
Rents and other receivables 89,642 581,324
Deferred tenant award proceeds escrow 96,363 107,095
Prepaid insurance 2,645 11,135
Utility deposit 6,530 6,530
Properties held for sale 317,151 317,151
Deferred charges, net 192,042 113,787
Total other assets 1,485,752 1,856,438
Total assets 4,431,538 4,864,295
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 31,396 25,399
Property tax payable 3,000
Due to General Partner (Note 5) 504 1,242
Deferred rent 95,103 106,077
Security deposits 64,340 64,340
Unearned rental income 49,575 5,000
Total current liabilities 243,918 202,058
General Partner -    
Cumulative net income (retained earnings) 359,700 358,441
Cumulative cash distributions (149,202) (148,698)
Total general partners' capital 210,498 209,743
Limited Partners (46,280.3 interests outstanding at June 30, 2017 and December 31, 2016)    
Capital contributions 46,280,300 46,280,300
Offering Costs (6,921,832) (6,921,832)
Cumulative net income (retained earnings) 41,976,151 41,851,523
Cumulative cash distributions (76,517,268) (75,917,268)
Total limited partners' capital 4,817,351 5,292,723
Former General Partner -    
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 4,187,620 4,662,237
Total liabilities and partners' capital $ 4,431,538 $ 4,864,295