Partners' Capital

3 Months Ended

Mar. 31, 2016

Partners' Capital Notes [Abstract]

Partners' Capital Notes Disclosure [Text Block]

(5)  Partners’ Capital –

For the three months ended March 31, 2016 and 2015, the Partnership declared distributions of $264,144 and $281,814, respectively.  The Limited Partners received distributions of $261,503 and $278,996 and the General Partners received distributions of $2,641 and $2,818 for the periods, respectively.  The Limited Partners' distributions represented $13.01 and $12.78 per Limited Partnership Unit outstanding using 20,105 and 21,829 weighted average Units in 2016 and 2015, respectively.  The distributions represented $4.04 and $5.21 per Unit of Net Income and $8.97 and $7.57 per Unit of contributed capital in 2016 and 2015, respectively.

As part of the distributions discussed above, the Partnership distributed net sale proceeds of $56,414 in 2015.  The Limited Partners received distributions of $55,850 and the General Partners received distributions of $564.  The Limited Partners’ distributions represented $2.56 per Unit.