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Condensed Balance Sheets (USD $)
Sep. 30, 2012
Dec. 31, 2011
Real estate:    
Building $ 16,960,000 $ 16,960,000
Less: accumulated depreciation (16,960,000) (16,960,000)
Building after accumulated depreciation      
Building improvements and equipment 68,784,088 66,940,647
Less: accumulated depreciation (13,486,298) (12,187,313)
Building improvements after accumulated depreciation 55,297,790 54,753,334
Tenant improvements 8,418,335 5,793,417
Less: accumulated depreciation (2,270,911) (1,386,473)
Tenant improvements after accumulated depreciation 6,147,424 4,406,944
Land 7,240,000 7,240,000
Total real estate, net 68,685,214 66,400,278
Cash and cash equivalents 3,300,369 10,466,377
Due from Lessee, a related party 5,706,265  
Due from Supervisor, a related party 87,202 87,202
Other receivable 12,226 3,357
Prepaid insurance 21,632  
Deferred costs 3,020,383 1,684,758
Leasing costs, less accumulated amortization of $1,638,565 in 2012 and $1,444,673 in 2011 3,270,895 1,066,705
Mortgage refinancing costs, less accumulated amortization of $2,097,944 in 2012 and $1,825,231 in 2011 775,688 1,048,401
Total assets 84,879,874 80,757,078
Liabilities:    
Mortgages payable 89,713,990 91,478,304
Accrued mortgage interest 420,336 428,479
Accrued supervisory fees, a related party 0 81,265
Payable to Lessee, a related party 3,597,647 720,066
Due to Supervisor, a related party 657,430 922,728
Accrued expenses 11,269 422,996
Total liabilities 94,400,672 94,053,838
Commitments and contingencies      
Members' deficiency (at September 30, 2012 and December 31, 2011, there were 700 units (at $10,000 per unit) of participation units outstanding) (9,520,798) (13,296,760)
Total liabilities and members' deficiency $ 84,879,874 $ 80,757,078