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Statements of Income (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Revenues:    
Rent income, from a related party $ 11,613,895 $ 8,583,267
Dividend income 1,064 1,878
Total revenues 11,614,959 8,585,145
Expenses:    
Interest on mortgages 5,562,805 5,683,772
Supervisory services to a related party 190,646 109,380
Depreciation of building and tenant improvements and equipment 2,555,093 2,153,311
Amortization of leasing commissions 301,053 443,897
Fees for special services, including amounts paid to a related party 228,603 52,276
Accounting fees 121,500 75,000
Miscellaneous 9,269 3,110
Total expenses 8,968,969 8,520,746
Net income 2,645,990 64,399
Earnings per $10,000 participation unit, based on 700 participation units outstanding during each year $ 3,780 $ 92