FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2014

Carrying and fair value of the partnership's financial instruments

The carrying amount and estimated fair values of the Partnership’s financial instruments were as follows (in thousands):



	September 30, 2014				December 31, 2013
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Mortgage notes payable:
Memorial Towers	$	7,240	$	7,570	$	7,313	$	7,781
Villas	10,565		11,046		10,673		11,353
Coach Lantern	7,884		7,933		7,884		8,034
Foxcroft	8,760		8,815		8,760		8,926
Park Hill	10,212		10,741		10,324		10,797
Total mortgage notes payable	$	44,661	$	46,105	$	44,954	$	46,891

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References+ Details