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Condensed Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
INVESTMENT PROPERTIES: (Note 2)    
Land $ 2,794,122 $ 2,794,122
Buildings 4,017,412 4,017,412
Accumulated depreciation (3,837,283) (3,776,718)
Net investment properties 2,974,251 3,034,816
OTHER ASSETS:    
Cash 99,375 99,360
Cash held in Indemnification Trust (Note 8) 470,060 464,710
Security deposits escrow 69,396 74,681
Rents and other receivables 108,144 533,344
Long-term rent receivable 7,338
Deferred tenant award proceeds escrow 53,211 64,041
Prepaid insurance 1,954 5,133
Utility deposit 6,530
Due from WendGusta, LLC 8,100
Deferred charges, net 212,608 186,517
Total other assets 1,030,186 1,434,316
Total assets 4,004,437 4,469,132
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 38,560 33,573
Due to General Partner (Note 5) 589 998
Deferred rent 51,209 62,183
Security deposits 69,340 74,340
Total current liabilities 159,698 171,094
CONTINGENCIES AND COMMITMENTS (Notes 7 and 8)
General Partner -    
Cumulative net income (retained earnings) 370,414 368,941
Cumulative cash distributions (153,489) (152,900)
Total general partners' capital 216,925 216,041
Limited Partners (46,280.3 interests outstanding at June 30, 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) 43,036,843 42,891,026
Cumulative cash distributions (77,927,268) (77,327,268)
Total limited partners' capital 4,468,043 4,922,226
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 3,844,739 4,298,038
Total liabilities and partners' capital $ 4,004,437 $ 4,469,132