Partners' Capital

6 Months Ended

Jun. 30, 2023

Partners' Capital Notes [Abstract]

Partners' Capital Notes Disclosure [Text Block]

(6)  Partners’ Capital –

For the six months ended June 30, 2023 and 2022, the Partnership declared distributions of $346,466 and $343,940 respectively. The Limited Partners were allocated distributions of $343,002 and $340,501 and the General Partners were allocated distributions of $3,464 and $3,439 for the periods ended June 30, 2023 and 2022, respectively. The Limited Partners' distributions represented $20.09 and $19.74 per Limited Partnership Unit outstanding using 17,077 and 17,253 weighted average Units in 2023 and 2022, respectively. The distributions represented $6.10 and $19.74 per Unit of Net Income and $13.99 and $0.00 per Unit of contributed capital in 2023 and 2022, 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. The Partnership acquired these Units using Net Cash Flow from operations. As a result of these repurchases and pursuant to the Partnership Agreement, the General Partners received distributions of $2,696 in 2022.  During the six months ended June 30, 2023, the Partnership did not repurchase any Units from the Limited Partners.