XML 50 R38.htm IDEA: XBRL DOCUMENT v3.5.0.2
Real Estate Assets (Tables)
6 Months Ended
Jun. 30, 2016
Real Estate Assets [Abstract]  
Schedule of Real Estate Properties [Table Text Block]

The Partnership had the following investments in MF Properties on June 30, 2016 and December 31, 2015:

 

MF Properties on June 30, 2016

 

Property Name

 

Location

 

Number of

Units

 

 

Land and Land

Improvements

 

 

Buildings and

Improvements

 

 

Carrying Value on

June 30, 2016

 

Eagle Village

 

Evansville, IN

 

 

511

 

 

 

567,880

 

 

 

12,614,234

 

 

$

13,182,114

 

Northern View (f/k/a Meadowview)

 

Highland Heights, KY

 

 

270

 

 

 

688,539

 

 

 

8,081,350

 

 

 

8,769,889

 

Residences of DeCordova

 

Granbury, TX

 

 

110

 

 

 

1,160,455

 

 

 

8,089,537

 

 

 

9,249,992

 

Residences of Weatherford

 

Weatherford, TX

 

 

76

 

 

 

1,942,229

 

 

 

5,746,070

 

 

 

7,688,299

 

Suites on Paseo

 

San Diego, CA

 

 

394

 

 

 

3,162,463

 

 

 

38,319,064

 

 

 

41,481,527

 

The 50/50 MF Property

 

Lincoln, NE

 

 

475

 

 

 

-

 

 

 

32,918,089

 

 

 

32,918,089

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

113,289,910

 

Less accumulated depreciation

 

 

 

(13,682,124

)

Total MF Properties

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

99,607,786

 

 

MF Properties on December 31, 2015

 

Property Name

 

Location

 

Number of

Units

 

 

Land and Land

Improvements

 

 

Buildings and

Improvements

 

 

Carrying Value on

December 31, 2015

 

Arboretum

 

Omaha, NE

 

 

145

 

 

$

1,755,147

 

 

$

19,317,284

 

 

$

21,072,431

 

Eagle Village

 

Evansville, IN

 

 

511

 

 

 

567,880

 

 

 

12,594,935

 

 

 

13,162,815

 

Northern View (f/k/a Meadowview)

 

Highland Heights, KY

 

 

270

 

 

 

688,539

 

 

 

8,062,973

 

 

 

8,751,512

 

Residences of DeCordova

 

Granbury, TX

 

 

110

 

 

 

1,137,832

 

 

 

8,065,977

 

 

 

9,203,809

 

Residences of Weatherford

 

Weatherford, TX

 

 

76

 

 

 

1,942,229

 

 

 

5,738,697

 

 

 

7,680,926

 

Suites on Paseo

 

San Diego, CA

 

 

394

 

 

 

3,162,463

 

 

 

38,216,364

 

 

 

41,378,827

 

The 50/50 MF Property

 

Lincoln, NE

 

 

475

 

 

 

-

 

 

 

32,910,424

 

 

 

32,910,424

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

134,160,744

 

Less accumulated depreciation

 

 

 

(14,532,168

)

Total MF Properties

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

119,628,576