CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Rental properties, at cost:
Land	$ 7,430	$ 7,430
Buildings and improvements	59,847	59,779
Personal property	2,386	2,364
Rental property, at cost	69,663	69,573
Accumulated depreciation and amortization	(18,232)	(16,428)
Rental property, net	51,431	53,145
Cash	567	619
Restricted cash	1,158	1,237
Tenant receivables	9	17
Accounts receivable other	2	0
Receivables from related parties	125	169
Prepaid expenses and other assets	188	139
Deferred financing costs, net	444	634
Total assets	53,924	55,960
Liabilities:
Mortgage notes payable	44,661	44,954
Accounts payable and accrued expenses	492	417
Real estate taxes payable	850	1,003
Accrued interest	195	200
Payables to related parties	2,969	2,360
Prepaid rent	72	60
Security deposits	179	169
Total liabilities	49,418	49,163
Partners’ capital	4,506	6,797
Total liabilities and partners’ capital	$ 53,924	$ 55,960