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Statement of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Rental Income $ 294,898 $ 257,674 $ 589,796 $ 499,411
Expenses:        
Partnership Administration – Affiliates 56,236 52,851 113,480 108,310
Partnership Administration and Property Management – Unrelated Parties 15,072 12,769 27,818 32,683
Property Acquisition 0 25,820 0 25,820
Depreciation and Amortization 113,275 94,897 226,550 182,990
Total Expenses 184,583 186,337 367,848 349,803
Operating Income 110,315 71,337 221,948 149,608
Other Income:        
Interest Income 2,554 3,365 5,794 7,352
Income from Continuing Operations 112,869 74,702 227,742 156,960
Income from Discontinued Operations 0 476,467 0 536,059
Net Income 112,869 551,169 227,742 693,019
Net Income Allocated:        
General Partners 1,128 5,511 2,277 6,930
Limited Partners $ 111,741 $ 545,658 $ 225,465 $ 686,089
Income per Limited Partnership Unit:        
Continuing Operations (in Dollars per share) $ 5.40 $ 3.26 $ 10.60 $ 6.86
Discontinued Operations (in Dollars per share) 0.00 20.83 0.00 23.43
Total – Basic and Diluted (in Dollars per share) $ 5.40 $ 24.09 $ 10.60 $ 30.29
Weighted Average Units Outstanding – Basic and Diluted (in Shares) 20,710 22,653 21,270 22,653