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Condensed Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
INVESTMENT PROPERTIES: (Note 2)    
Land $ 2,794,122 $ 2,527,947
Buildings 4,017,412 4,101,067
Accumulated depreciation (3,716,153) (3,745,299)
Net investment properties 3,095,381 2,883,715
OTHER ASSETS:    
Cash 185,111 145,674
Cash held in Indemnification Trust (Note 8) 460,444 457,821
Security deposits escrow 64,593 64,513
Rents and other receivables 95,948 595,399
Deferred tenant award proceeds escrow 74,841 85,617
Prepaid insurance 3,691 5,187
Utility deposit 6,530 6,530
Properties held for sale 317,151
Deferred closing costs 109,098
Deferred charges, net 198,555 210,593
Total other assets 1,198,811 1,888,485
Total assets 4,294,192 4,772,200
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 41,705 30,507
Property tax payable 3,090
Due to General Partner (Note 5) 300 1,238
Deferred rent 73,156 84,130
Security deposits 64,340 64,340
Unearned rental income 5,000
Total current liabilities 182,591 185,215
CONTINGENCIES AND COMMITMENTS (Notes 7 and 8)
General Partner -    
Cumulative net income (retained earnings) 366,064 365,316
Cumulative cash distributions (151,749) (151,449)
Total general partners' capital 214,315 213,867
Limited Partners (46,280.3 interests outstanding at June 30, 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) 42,606,315 42,532,147
Cumulative cash distributions (77,227,268) (76,677,268)
Total limited partners' capital 4,737,515 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 4,111,601 4,586,985
Total liabilities and partners' capital $ 4,294,192 $ 4,772,200