CONSOLIDATED STATEMENTS OF INCOME (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Revenues
Rental income	$ 8,234,245	$ 7,896,010	$ 16,413,095	$ 15,864,854
Laundry and sundry income	111,398	110,552	213,441	227,900
Total Revenues	8,345,643	8,006,562	16,626,536	16,092,754
Expenses
Administrative	399,845	415,370	825,588	893,311
Depreciation and amortization	1,451,795	1,403,905	2,808,616	2,769,558
Management fees	350,886	332,762	684,236	662,074
Operating	871,037	797,912	2,329,723	2,028,656
Renting	109,450	103,025	197,337	168,475
Repairs and maintenance	1,317,610	1,218,471	2,379,751	2,196,029
Taxes and insurance	1,008,219	1,014,754	2,060,745	2,066,189
Total Expenses	5,508,842	5,286,199	11,285,996	10,784,292
Income Before Other Income and Discontinued Operations	2,836,801	2,720,363	5,340,540	5,308,462
Other Income (loss)
Interest income	1,007	1,754	2,234	2,513
Interest expense	(1,983,117)	(2,015,348)	(3,929,825)	(4,012,697)
(Loss) from investment in unconsolidated joint ventures	(498,198)	(1,019,074)	(952,246)	(2,018,571)
Total Other Income (loss)	(2,480,308)	(3,032,668)	(4,879,837)	(6,028,755)
Income (loss) from Continuing Operations	356,493	(312,305)	460,703	(720,293)
Discontinued Operations
Income from discontinue operations	29,035	57,763	97,636	122,890
Gain on the sale of real estate	7,707,757		7,707,757
Total Discontinued Operations	7,736,792	57,763	7,805,393	122,890
Net Income (Loss)	$ 8,093,285	$ (254,542)	$ 8,266,096	$ (597,403)
Income per Unit
Income (loss) before discontinued operations (in dollars per unit)	$ 2.71	$ (2.37)	$ 3.50	$ (5.46)
Income from discontinued operations (in dollars per unit)	$ 58.84	$ 0.44	$ 59.36	$ 0.93
Net Income (Loss) per Unit (in dollars per unit)	$ 61.55	$ (1.93)	$ 62.86	$ (4.53)
Weighted Average Number of Units Outstanding (in units)	131,484	131,512	131,484	131,911