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Condensed Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income $ 3,377,355 $ 797,031
Adjustments to reconcile net loss income to net cash used in operating activities:    
(Loss) gain on disposition of investment 154,250 (200,525)
Gain on sale of note (1,960,000) 0
Share of income from partnerships (1,927,458) (1,006,103)
Receipt of distributions from partnerships 71,910 0
Amortization of deferred costs 12,802 3,801
(Decrease) increase in accounts payable and accrued expenses (14,175) 6,804
Net cash used in operating activities (285,316) (398,992)
Cash flows from investing activities:    
Disposition fee paid (154,250) (92,000)
Proceeds received from disposition of investment 0 299,990
Distributions received from disposition of property 1,764,047 0
Proceeds received from sale of note 1,960,000 0
Net cash provided by investing activities 3,569,797 207,990
Cash flows from financing activities:    
Distributions to limited partners (5,939,280) 0
Net cash used in financing activities (5,939,280) 0
Net decrease in cash and cash equivalents (2,654,799) (191,002)
Cash and cash equivalents, beginning of period 7,674,174 2,194,867
Cash and cash equivalents, end of period $ 5,019,375 $ 2,003,865