Casualty Event (Notes)

12 Months Ended

Dec. 31, 2014

Extraordinary and Unusual Items [Abstract]

Casualty Event

Note F – Casualty Event

In April 2014, Colony at Kenilworth Apartments sustained damages from a fire which affected three apartment units. The estimated damages are approximately $160,000 and the Partnership expects to receive insurance proceeds. During the year ended December 31, 2014, the Partnership incurred reconstruction costs of approximately $133,000 of which approximately $74,000 were repair and clean-up costs that are included in operating expenses. The Partnership does not expect to record a loss from this event.