Unsecured Lines of Credit (Tables)

12 Months Ended

Dec. 31, 2016

Unsecured Lines of Credit [Member]

Summary of Unsecured Lines of Credit

The following tables summarize the Partnership’s unsecured lines of credit (“LOC”) at December 31, 2016 and 2015:

Unsecured Lines of Credit	Outstanding on December 31, 2016		Total Commitment		Maturity	Variable / Fixed	Reset Frequency	Period End Rate
Bankers Trust	$	40,000,000	$	40,000,000	May 2018	Variable	Monthly		3.13	%
Bankers Trust operating		-		7,500,000	May 2018	Variable	Monthly		3.88	%
Total unsecured lines of credit	$	40,000,000	$	47,500,000

Unsecured Lines of Credit	Outstanding on December31, 2015		Total Commitment		Maturity	Variable / Fixed	Reset Frequency	Period End Rate
Bankers Trust	$	12,497,000	$	37,500,000	May 2017	Variable	Monthly		2.90	%
Bankers Trust operating		-		5,000,000	March 2016	Variable	Monthly		3.50	%
Five Points Bank operating		5,000,000		5,000,000	March 2016	Variable	Monthly		3.40	%
Total unsecured lines of credit	$	17,497,000	$	47,500,000