Subsequent Events

6 Months Ended

Jun. 30, 2013

Subsequent Events [Abstract]

Subsequent Events

15.   Subsequent Events

Entertainment and Leisure Equipment

During June 2013, the Partnership’s Investment Manager was approached by the lessee of the entertainment and leisure equipment to consider an early lease termination of the three leases and subsequent purchase by the lessee. On July 1, 2013, the Partnership’s Investment Manager, based upon the remaining life of the leases, the sales proceeds and the ability to reinvest the cash proceeds, accepted the offer and sold the entertainment and leisure equipment to the lessee. The Partnership received £628,560 ($950,060 applying exchange rates at July 15, 2013). The Partnership received the cash receipts on July 2, 2013.

Modular Accommodations

On or about August 14, 2013, the Partnership advanced the remaining balance under the Financing totaling £339,539 ($525,437 applying exchange rates at August 15, 2013). At August 15, 2013, the debtor has received all advances under the Financing.

Hydro-electric generating plant – Windsor, England

On or about August 1, 2013, the Partnership advanced the remaining balance under the Instrument totaling £50,000 ($77,375 applying exchange rates at August 15, 2013). At August 15, 2013, the debtor has received all advances under the Instrument.