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Condensed Balance Sheets - USD ($)
Sep. 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 (3,714,263) (3,621,157)
Net investment properties 2,914,751 3,007,857
OTHER ASSETS:    
Cash 136,683 200,369
Cash held in Indemnification Trust (Note 8) 457,820 454,692
Security deposits escrow 64,473 64,355
Rents and other receivables 331,953 581,324
Deferred tenant award proceeds escrow 90,994 107,095
Prepaid insurance 662 11,135
Utility deposit 6,530 6,530
Properties held for sale 317,151 317,151
Deferred charges, net 216,612 113,787
Total other assets 1,622,878 1,856,438
Total assets 4,537,629 4,864,295
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 39,412 25,399
Property tax payable (1,578)
Due to General Partner (Note 5) 1,009 1,242
Deferred rent 89,617 106,077
Security deposits 64,340 64,340
Unearned rental income 6,013 5,000
Total current liabilities 198,813 202,058
CONTINGENCIES AND COMMITMENTS (Notes 7 and 8)
General Partner -    
Cumulative net income (retained earnings) 362,222 358,441
Cumulative cash distributions (150,211) (148,698)
Total general partners' capital 212,011 209,743
Limited Partners (46,280.3 interests outstanding at September 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) 42,225,834 41,851,523
Cumulative cash distributions (76,617,268) (75,917,268)
Total limited partners' capital 4,967,034 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 4,338,816 4,662,237
Total liabilities and partners' capital $ 4,537,629 $ 4,864,295