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Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net loss$ (1,124)$ (743)
Adjustments to reconcile net loss to net cash provided by operating activities:  
Depreciation1,2081,047
Amortization of loan costs3029
Bad debt expense723
Casualty gain0(59)
Change in accounts:  
Receivables and deposits(84)9
Other assets(146)(299)
Accounts payable127(45)
Tenant security deposit liabilities(19)(23)
Due to affiliates228217
Other liabilities3519
Net cash provided by operating activities327155
Cash flows from investing activities:  
Insurance proceeds received062
Property improvements and replacements(707)(2,742)
Net cash used in investing activities(707)(2,680)
Cash flows from financing activities:  
Payments on mortgage notes payable(250)(234)
Advances from affiliate(606)2,702
Net cash provided by financing activities3562,468
Net decrease in cash and cash equivalents(24)(57)
Cash and cash equivalents at beginning of the period10682
Cash and cash equivalents at end of the period8225
Supplemental disclosure of cash flow information:  
Cash paid for interest1,3071,227
Supplemental disclosure of non-cash activity:  
Property improvements and replacements included in accounts payable$ 134$ 487