6. Supplemental Cash Flow Information

3 Months Ended

Sep. 30, 2012

6. Supplemental Cash Flow Information:

6. Supplemental Cash Flow Information

6. Supplemental Cash Flow Information

Other noncash activities included in the determination of net loss are as follows:

Nine months ended September 30,	20112012		2011
Lease revenue net of interest expense on notes payable realized as a result of direct payment of principal by lessee to bank	$	374,000	$	138,000

No interest or principal on notes payable was paid by the Partnership because direct payment was made by lessee to the bank in lieu of collection of lease income and payment of interest and principal by the Partnership.

Noncash investing and financing activities include the following:

Nine months ended September 30,	2012		2011
Equipment acquisition fees earned by General Partner, upon purchase of equipment, from prepaid acquisition fees	$	20,000	$	9,000
Debt assumed in conjunction with purchase of equipment	$	961,000	$	0

At September 30, 2012 and 2011, the Partnership wrote-off fully amortized acquisition and finance fees of approximately $125,000 and $42,000, respectively.

Additionally, at September 30, 2011, the Partnership wrote-off fully depreciated equipment of approximately $937,000, which represented fixed assets located in the city of Tempe, Arizona which will not be received as a result of the litigation described in Note 1.