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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
OPERATING REVENUES:        
Rental income (Note 3) $ 460,103 $ 415,249 $ 985,775 $ 951,386
TOTAL OPERATING REVENUES 460,103 415,249 985,775 951,386
EXPENSES:        
Partnership management fees (Note 5) 70,794 69,108 211,258 206,364
Insurance 1,466 1,465 4,397 4,396
General and administrative 9,723 20,345 29,741 51,786
Advisory Board fees and expenses 2,625 2,625 6,500 7,875
Professional services 41,261 247,959 189,912 410,314
Other Property Expenses 3,749 (89) 11,553
Depreciation 30,282 30,283 90,847 135,768
Amortization 6,899 6,019 19,524 18,058
TOTAL OPERATING EXPENSES 163,050 381,553 552,090 846,114
OTHER INCOME        
Other miscellaneous income 5,000
Other interest income 5,633 4,484 11,290 7,824
TOTAL OTHER INCOME 5,633 4,484 16,290 7,824
NET INCOME 302,686 38,180 449,975 113,096
NET INCOME ALLOCATED- GENERAL PARTNER 3,027 382 4,500 1,131
NET INCOME ALLOCATED- LIMITED PARTNERS $ 299,659 $ 37,798 $ 445,475 $ 111,965
Based on 46,280.3 interests outstanding: (Basic and diluted)        
NET INCOME PER LIMITED PARTNERSHIP INTEREST $ 6.47 $ 0.82 $ 9.63 $ 2.42