X0305 4 2011-12-31 0 0001278384 NTS REALTY HOLDINGS LP NLP 0001328111 NICHOLS J D 10172 LINN STATION ROAD SUITE 200 LOUISVILLE KY 40223 1 0 1 0 Limited Partnership Units 2011-12-31 4 J 0 5250 0.00 A 6847887 I Wells Fargo Account Held by Spouse These Limited Partnership Units ("Units") are being added to the Reporting Person's befeficial ownership total as a result of his recent marriage. The Reporting Person's spouse owned these Units prior to the marriage. These Units were purchased at various prices on multiple dates. The number of Units reported to be beneficially owned by the Reporting Person or by any entities controlled or established by the Reporting Person on April 20, 2012. J.D. Nichols 2012-04-20