Income Taxes

12 Months Ended

Dec. 31, 2011

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

7. Income Taxes

No provision has been made for federal income taxes since income or loss is includable in the partners’ returns as they report to tax authorities in their respective capacities as partners. There were no state income taxes paid in 2011 or 2010.

The Partnership is no longer subject to U.S. federal and state tax examinations by tax authorities for years before 2007. The Partnership’s federal and state tax returns are not currently under examination. The Partnership recognizes interest and penalties related to unrecognized tax benefits in income tax expense. During the years ended December 31, 2011 and 2010, the Partnership did not recognize any interest or penalties. The Partnership did not have any interest or penalties accrued at December 31, 2011 or 2010.