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Statement of Income (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Rental Income $ 257,674 $ 239,715 $ 499,411 $ 478,235
Expenses:        
Partnership Administration – Affiliates 52,851 50,375 108,310 101,479
Partnership Administration and Property Management – Unrelated Parties 12,769 14,559 32,683 25,044
Property Acquisition 25,820 0 25,820 0
Depreciation and Amortization 94,897 88,093 182,990 176,186
Total Expenses 186,337 153,027 349,803 302,709
Operating Income 71,337 86,688 149,608 175,526
Other Income:        
Interest Income 3,365 1,577 7,352 3,151
Income from Continuing Operations 74,702 88,265 156,960 178,677
Income from Discontinued Operations 476,467 64,131 536,059 128,611
Net Income 551,169 152,396 693,019 307,288
Net Income Allocated:        
General Partners 5,511 1,524 6,930 3,073
Limited Partners $ 545,658 $ 150,872 $ 686,089 $ 304,215
Income per Limited Partnership Unit:        
Continuing Operations (in Dollars per share) $ 3.26 $ 3.86 $ 6.86 $ 7.81
Discontinued Operations (in Dollars per share) $ 20.83 $ 2.80 $ 23.43 $ 5.62
Total – Basic and Diluted (in Dollars per share) $ 24.09 $ 6.66 $ 30.29 $ 13.43
Weighted Average Units Outstanding – Basic and Diluted (in Shares) 22,653 22,653 22,653 22,653