Partners' Capital

6 Months Ended

Jun. 30, 2022

Partners' Capital Notes [Abstract]

Partners' Capital Notes Disclosure [Text Block]

(6)  Partners’ Capital –

For the six months ended June 30, 2022 and 2021, the Partnership declared distributions of $343,940 and $263,633, respectively. The Limited Partners were allocated distributions of $340,501 and $260,996 and the General Partners were allocated distributions of $3,439 and $2,637 for the periods, respectively. The Limited Partners' distributions represented $19.74 and $14.21 per Limited Partnership Unit outstanding using 17,253 and 18,369 weighted average Units in 2022 and 2021, respectively. The distributions represented $19.74 and $4.05 per Unit of Net Income and $0 and $10.16 per Unit of contributed capital in 2022 and 2021, respectively.

On April 1, 2022, the Partnership repurchased a total of 352.29 Units for $266,947 from 30 Limited Partners in accordance with the Partnership Agreement. On April 1, 2021, the Partnership repurchased a total of 843.97 Units for $610,604 from 36 Limited Partners. The Partnership acquired these Units using net sales proceeds.  As a result of these repurchases and pursuant to the Partnership Agreement, the General Partners received distributions of $2,696 and $6,168 in 2022 and 2021, respectively.