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Subsequent Events
3 Months Ended
Mar. 31, 2018
Subsequent Events [Abstract]  
Subsequent Events

10. SUBSEQUENT EVENTS:

 

On April 5, 2018, the Partnership filed with the Securities and Exchange Commission and distributed to limited partners a consent solicitation statement, pursuant to which the Partnership is soliciting the affirmative consent of limited partners to a sale of the Partnership’s assets, and a subsequent liquidation and dissolution of the Partnership.

 

As of the date of this report, the Partnership has already received the required affirmative consents from holders of a majority of the outstanding limited partner interests to approve the proposed sale of assets and liquidation. Limited partners may continue to provide consent cards until the previously disclosed consent deadline of May 18, 2018. The proposed sale of assets and liquidation is expected to be completed by December 31, 2018.