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STATEMENTS OF INCOME (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Revenues:    
Rent income, from a related party $ 14,234,596 $ 11,613,895
Dividend income 663 1,064
Total revenues 14,235,259 11,614,959
Expenses:    
Interest on mortgages 5,434,903 5,562,805
Supervisory services to a related party 515,552 190,646
Depreciation of building and tenant improvements and equipment 2,870,097 2,555,093
Amortization of leasing commissions 525,334 301,053
Professional fees, including amounts paid to a related party 827,735 350,103
Formation transaction expenses 263,822 362,591
Miscellaneous 61,109 9,269
Total expenses 10,498,552 9,331,560
Net income $ 3,736,707 $ 2,283,399
Earnings per $10,000 participation unit, based on 700 participation units outstanding during each year $ 5,338 $ 3,262