Business Concentrations

6 Months Ended

Jun. 30, 2013

Business Concentrations

Business Concentrations

12. Business Concentrations

For the three months ended June 30, 2013 and 2012, the Partnership had three lessee’s which accounted for approximately 52% of the Partnership’s income derived from leasing activities and two lessee’s which accounted for approximately 41% of the Partnership’s income derived from leasing activities, respectively. For the six months ended June 30, 2013 and 2012, the Partnership had four lessee’s which accounted for approximately 72% of the Partnership’s income derived from leasing activities and four lessee’s which accounted for approximately 91% of the Partnership’s income derived from leasing activities, respectively.

At June 30, 2013, the Partnership had five lessee’s which accounted for approximately 71% of the Partnership’s investment in finance leases. At June 30, 2013, the Partnership had four lessee’s which accounted for approximately 93% of the Partnerships investment in equipment subject to operating leases. At June 30, 2013, the Partnership had three lessee’s which accounted for 100% of the Partnership’s residual value investments in equipment on lease. At June 30, 2013, the Partnership’s convertible note receivable was with a single debtor and 100% of the equipment notes receivable are with three debtors.

For the six months ended June 30, 2013 and 2012, approximately 75% and 100%, respectively, of the equipment leasing and financing transactions the Partnership entered into were originated by SAM. The Partnership paid a total of $13,394,320 and $4,433,213, respectively, to acquire these equipment leases and financing transactions.