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Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:    
Net income $ 2,645,990 $ 64,399
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of building and tenant improvements and equipment 2,555,093 2,153,311
Amortization of leasing commissions 301,053 443,897
Amortization of mortgage refinancing costs 363,618 363,618
Changes in operating assets and liabilities:    
Due to Supervisor 879,173 43,555
Accrued mortgage interest (10,340) (9,779)
Accrued expenses 184,796 237,500
Accrued supervisory fees, a related party 3,265 78,000
Net cash provided by operating activities 6,922,648 3,374,501
Cash flows from investing activities:    
Purchase of building and tenant improvements (2,675,841) (4,914,343)
Decrease in payable to Lessee, a related party (362,016) 0
Net cash used in investing activities (3,037,857) (4,914,343)
Cash flows from financing activities:    
Change in receivable from participants - NYS estimated tax 0 (3,357)
Repayment of mortgages payable (2,241,546) (2,121,140)
Financing costs   (2,831)
Distributions to Participants (1,046,420) (1,046,420)
Deferred costs (1,685,782) (454,277)
Net cash used in financing activities (4,973,748) (3,628,025)
Net decrease in cash and cash equivalents (1,088,957) (5,167,867)
Cash and cash equivalents, beginning of year 11,555,334 16,723,201
Cash and cash equivalents, end of year 10,466,377 11,555,334
Supplemental disclosure of cash flow information:    
Cash paid for interest 5,209,527 5,329,934
Net cash used in investing activities excludes increases of payable to lessee $ 0 $ 731,360