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Condensed Balance Sheets - USD ($)
Mar. 31, 2018
Dec. 31, 2017
INVESTMENT PROPERTIES: (Note 2)    
Land $ 2,527,947 $ 2,527,947
Buildings 4,101,067 4,101,067
Accumulated depreciation (3,776,334) (3,745,299)
Net investment properties 2,852,680 2,883,715
OTHER ASSETS:    
Cash 724,494 145,674
Cash held in Indemnification Trust (Note 8) 460,444 457,821
Security deposits escrow 64,553 64,513
Rents and other receivables 595,399
Deferred tenant award proceeds escrow 80,232 85,617
Prepaid insurance 5,901 5,187
Utility deposit 6,530 6,530
Properties held for sale 317,151 317,151
Deferred charges, net 204,574 210,593
Total other assets 1,863,879 1,888,485
Total assets 4,716,559 4,772,200
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 140,778 30,507
Property tax payable 1,545
Due to General Partner (Note 5) 1,238
Deferred rent 78,643 84,130
Security deposits 64,340 64,340
Unearned rental income 5,000
Total current liabilities 285,306 185,215
General Partner -    
Cumulative net income (retained earnings) 364,759 365,316
Cumulative cash distributions (151,449) (151,449)
Total general partners' capital 213,310 213,867
Limited Partners (46,280.3 interests outstanding at March 31, 2018 and December 31, 2017)    
Capital contributions 46,280,300 46,280,300
Offering Costs (6,921,832) (6,921,832)
Cumulative net income (retained earnings) 42,476,972 42,532,147
Cumulative cash distributions (76,777,268) (76,677,268)
Total limited partners' capital 5,058,172 5,213,347
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 4,431,253 4,586,985
Total liabilities and partners’ capital $ 4,716,559 $ 4,772,200