Partners' Capital

9 Months Ended

Sep. 30, 2023

Partners' Capital Notes [Abstract]

Partners' Capital Notes Disclosure [Text Block]

(6)  Partners’ Capital –

For the nine months ended September 30, 2023 and 2022, the Partnership declared distributions of $519,699 and $517,174, respectively. The Limited Partners were allocated distributions of $514,503 and $512,002 and the General Partners were allocated distributions of $5,196 and $5,172 for the periods ended September 30, 2023 and 2022, respectively. The Limited Partners' distributions represented $30.13 and $29.78 per Limited Partnership Unit outstanding using 17,077 and 17,194 weighted average Units in 2023 and 2022, respectively. The distributions represented $30.13 and $29.78 per Unit of Net Income and $0 and $0 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 nine months ended September 30, 2023, the Partnership did not repurchase any Units from the Limited Partners.