XML 20 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net loss $ (1,076) $ (1,129)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation 2,225 2,231
Amortization of loan costs 114 113
Amortization of discount on note receivable   (10)
Casualty gains (400) (798)
Change in accounts:    
Receivables and deposits (44) (89)
Restricted escrows   (36)
Other assets (157) (177)
Accounts payable (53) (5)
Tenant security deposit liabilities 28 4
Accrued property taxes (241) (234)
Other liabilities (150) (16)
Due to affiliates   32
Net cash provided by (used in) operating activities 246 (114)
Cash flows from investing activities:    
Property improvements and replacements (1,262) (732)
Net deposits to restricted escrows (23)  
Insurance proceeds received 181 190
Net cash used in investing activities (1,104) (542)
Cash flows from financing activities:    
Payments on mortgage notes payable (269) (254)
Advances from affiliate   1,189
Repayment of advances from affiliate   (261)
Net cash provided by (used in) financing activities (269) 674
Net increase (decrease) in cash and cash equivalents (1,127) 18
Cash and cash equivalents at beginning of period 1,378 99
Cash and cash equivalents at end of period 251 117
Supplemental disclosure of cash flow information:    
Cash paid for interest 1,044 1,074
Supplemental disclosure of non-cash information:    
Property improvements and replacements included in accounts payable 238 99
Insurance proceeds held by lender in escrow $ 400 $ 608