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Condensed Consolidated Statements of Cash Flow (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net (loss) income $ (626,535) $ 285
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Share of income from partnerships (73,836) (602,585)
Receipt of distributions from partnerships 137,334 597,054
Amortization of deferred costs 1,128 1,642
Changes in assets and liabilities:    
Increase in accrued interest payable 264,740 249,138
Decrease in accounts payable and accrued expenses (2,699) (6,272)
Net cash used in operating activities (299,868) 239,262
Cash flows from investing activities:    
Receipt of distributions from partnerships 0 4,767,709
Disposition fee paid 0 (70,000)
Net cash provided by investing activities 0 4,697,709
Net (decrease) increase in cash and cash equivalents (299,868) 4,936,971
Cash and cash equivalents, beginning of period 9,638,145 3,962,648
Cash and cash equivalents, end of period 9,338,277 8,899,619
Cash paid for interest $ 0 $ 0