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Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2013
Dec. 31, 2012
ASSETS    
Investments in partnerships $ 399,835 $ 1,246,665
Cash and cash equivalents 11,358,000 9,638,145
Acquisition fees, principally paid to related parties, net of accumulated amortization of $15,255 and $34,844, respectively 5,913 15,254
Property purchase costs, net of accumulated amortization of $55,418 and $67,421, respectively 6,165 12,170
Total assets 11,769,913 10,912,234
LIABILITIES AND PARTNERS' CAPITAL    
Due on investments in partnerships 840,000 1,340,000
Accrued interest payable 3,253,604 7,723,421
Accounts payable and accrued expenses 31,497 43,946
Total liabilities 4,125,101 9,107,367
Commitments and contingencies 0 0
Capital paid-in:    
General Partners 2,000 2,000
Limited Partners 73,501,500 73,501,500
Total Capital paid-in 73,503,500 73,503,500
Accumulated distributions to partners (30,553,510) (30,553,510)
Offering costs (7,562,894) (7,562,894)
Accumulated losses (27,742,284) (33,582,229)
Total partners' capital 7,644,812 1,804,867
Total liabilities and partners' capital $ 11,769,913 $ 10,912,234