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INCOME STATEMENT (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues        
Property sales $ 16,939 $ 0 $ 42,867 $ 0
Interest income 1,045 4,089 2,344 7,238
Other income 272 0 272 0
Total revenues 18,256 4,089 45,483 7,238
Operating expenses        
Direct costs of property sold 215 0 2,044 0
Selling, general and administrative expenses 111,965 112,412 226,993 237,740
Depreciation 930 983 1,775 1,945
Total operating expenses 113,110 113,395 230,812 239,685
Net loss (94,854) (109,306) (185,329) (232,447)
Partners' capital at beginning of period 2,664,150 3,114,633 2,754,625 3,237,774
Partners' capital at end of period $ 2,569,296 $ 3,005,327 $ 2,569,296 $ 3,005,327
Net loss per partnership unit (in dollars per share) $ (0.05) $ (0.06) $ (0.10) $ (0.13)
Weighted average partnership units issued and outstanding (in shares) 1,811,062 1,811,262 1,811,062 1,811,262