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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 $ (7,411) $ (1,521)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation 2,243 2,424
Amortization of loan costs 80 108
Loss on early extinguishment of debt 6,489 866
Change in accounts:    
Receivables and deposits (8) 150
Other assets (106) (79)
Accounts payable (55) (55)
Tenant security deposit liabilities 21 (8)
Accrued property taxes (34) (20)
Other liabilities (183) 87
Due to affiliates 112 (573)
Net cash provided by operating activities 1,148 1,379
Cash flows from investing activities:    
Net deposits to restricted escrows (842) (671)
Property improvements and replacements (682) (368)
Net cash used in investing activities (1,524) (1,039)
Cash flows from financing activities:    
Payments on mortgage notes payable (541) (681)
Proceeds from mortgage note payable 66,713 27,000
Repayment of mortgage note payable (68,211) (9,131)
Loan costs paid (547) (225)
Prepayment penalty paid (5,606) (766)
Advances from affiliate 10,792 540
Repayment of advances from affiliate (1,597) (12,151)
Distributions to partners   (4,940)
Net cash provided by (used in) financing activities 1,003 (354)
Net increase (decrrease) in cash and cash equivalents 627 (14)
Cash and cash equivalents at beginning of period 526 301
Cash and cash equivalents at end of period 1,153 287
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,854 3,279
Supplemental disclosure of non-cash flow activity:    
Property improvements and replacements in accounts payable $ 287