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Condensed Balance Sheets - USD ($)
Mar. 31, 2023
Dec. 31, 2022
INVESTMENT PROPERTIES: (Note 3)    
Land $ 1,944,934 $ 1,944,934
Buildings 2,843,881 2,843,881
Accumulated depreciation (2,843,881) (2,843,881)
Net investment properties 1,944,934 1,944,934
Property held for sale 250,859
OTHER ASSETS:    
Cash and cash equivalents 1,529,053 171,236
Investments held in Indemnification Trust (Note 7) 487,947 480,139
Security deposits escrow 59,479 59,464
Rents and other receivables 179 342,359
Prepaid state income tax 28,376 28,376
Deferred closing costs 12,413
Prepaid insurance 1,760 2,515
Deferred charges, net 238,318 258,394
Total other assets 2,345,112 1,354,896
Total assets 4,290,046 3,550,689
LIABILITIES:    
Accounts payable and accrued expenses 85,571 36,619
Security deposits 45,955 52,320
Unearned rental income 84,625 53,114
Total liabilities 223,352 144,143
CONTINGENCIES AND COMMITMENTS (Notes 6 and 7)
General Partner -    
Cumulative net income (retained earnings) 431,906 420,502
Cumulative cash distributions (180,695) (175,584)
Total general partners’ capital 251,211 244,918
Limited Partners (46,280.3 interests outstanding at March 31, 2023 and December 31, 2022)    
Capital contributions 46,280,300 46,280,300
Offering costs (6,921,832) (6,921,832)
Cumulative net income (retained earnings) 49,124,513 47,995,656
Cumulative cash distributions (83,827,269) (83,352,268)
Total limited partners’ capital 4,655,712 4,001,856
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 4,066,694 3,406,545
Total liabilities and partners’ capital 4,290,046 3,550,689
Affiliated Entity [Member]    
LIABILITIES:    
Due to General Partner (Note 5) $ 7,201 $ 2,090