Condensed Statements of Cash Flows (LP) (Unaudited) (USD $) In Thousands	3 Months Ended	6 Months Ended
Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Earnings	$ 13,531	$ 13,531	$ 27,062	$ 27,062
Cash provided by operating activities			27,062	27,062
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash used for financing activities			(27,062)	(27,062)
NET CHANGE IN CASH			0	0
CASH, BEGINNING OF PERIOD			0	0
CASH, END OF PERIOD	0	0	0	0
MERRILL LYNCH PREFERRED FUNDING III, L.P.
CASH FLOWS FROM OPERATING ACTIVITIES:
Earnings	15,764	15,763	31,530	31,528
Accretion of interest on securities issued by U.S. Government and agencies	(5)	(4)	(11)	(9)
Cash provided by operating activities			31,519	31,519
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of investment securities				(9,095)
Maturities of investment securities				9,108
Cash provided by investing activities				13
CASH FLOWS FROM FINANCING ACTIVITIES:
Distributions to limited partner			(27,062)	(27,062)
Distributions to general partner			(4,457)	(4,470)
Cash used for financing activities			(31,519)	(31,532)
NET CHANGE IN CASH			0	0
CASH, BEGINNING OF PERIOD			0	0
CASH, END OF PERIOD	$ 0	$ 0	$ 0	$ 0

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