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Condensed Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income (loss) $ (152,757) $ 349,042
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation of improvements and equipment 1,281,725 832,609
Amortization of leasing commissions 157,206 208,328
Amortization of mortgage refinancing costs 181,810 181,809
Changes in operating assets and liabilities:    
Due to Supervisor (43,555) 0
Accrued supervisory fees, to a related party 78,000 0
Accrued mortgage interest and other expenses (182,524) (5,521)
Net cash provided by operating activities 1,319,905 1,566,267
Cash flows from investing activities:    
Purchase of building improvements and equipment (1,352,847) (1,507,463)
Purchase of tenant improvements (409,761) 0
Increase in payable to Lessee 845,925 1,506,778
Net cash used in investing activities (916,683) (685)
Cash flows from financing activities:    
Other receivable 0 (2,165)
Repayment of mortgages payable (1,105,300) (1,045,935)
Financing costs 0 (2,831)
Distributions to Participants (523,210) (523,210)
Deferred costs (228,841) 0
Net cash used in financing activities (1,857,351) (1,574,141)
Net decrease in cash and cash equivalents (1,454,129) (8,559)
Cash and cash equivalents, beginning of period 11,555,334 16,810,403
Cash and cash equivalents, end of period 10,101,205 16,801,844
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 2,620,237 $ 2,679,601