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Condensed Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
INVESTMENT PROPERTIES: (Note 2)    
Land $ 2,794,122 $ 2,794,122
Buildings 4,017,412 4,017,412
Accumulated depreciation (3,807,000) (3,776,718)
Net investment properties 3,004,534 3,034,816
OTHER ASSETS:    
Cash 156,075 99,360
Cash held in Indemnification Trust (Note 8) 470,060 464,710
Security deposits escrow 69,353 74,681
Rents and other receivables 533,344
Deferred tenant award proceeds escrow 58,629 64,041
Prepaid insurance 3,420 5,133
Due from Wendgusta LLC 1,812
Utility deposit 6,530
Deferred charges, net 199,855 186,517
Total other assets 959,204 1,434,316
Total assets 3,963,738 4,469,132
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 42,121 33,573
Due to General Partner (Note 5) 998
Deferred rent 56,696 62,183
Security deposits 69,340 74,340
Total current liabilities 168,157 171,094
CONTINGENCIES AND COMMITMENTS (Notes 7 and 8)
General Partner -    
Cumulative net income (retained earnings) 368,916 368,941
Cumulative cash distributions (152,900) (152,900)
Total general partners' capital 216,016 216,041
Limited Partners (46,280.3 interests outstanding at March 31, 2019 and December 31, 2018)    
Capital contributions 46,280,300 46,280,300
Offering Costs (6,921,832) (6,921,832)
Cumulative net income (retained earnings) 42,888,594 42,891,026
Cumulative cash distributions (77,827,268) (77,327,268)
Total limited partners' capital 4,419,794 4,922,226
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 3,795,581 4,298,038
Total liabilities and partners' capital $ 3,963,738 $ 4,469,132