CONSOLIDATED STATEMENTS OF INCOME (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Revenues
Rental income	$ 8,904,762	$ 8,594,881	$ 17,828,769	$ 17,235,744
Laundry and sundry income	98,000	96,955	193,686	189,094
Total Revenues	9,002,762	8,691,836	18,022,455	17,424,838
Expenses
Administrative	697,238	406,665	1,149,855	892,158
Depreciation and amortization	1,479,860	1,534,033	2,933,991	3,037,517
Management fee	374,622	361,608	743,874	708,789
Operating	814,609	702,327	2,246,784	1,928,077
Renting	26,815	52,979	56,666	99,362
Repairs and maintenance	1,515,934	1,274,441	2,597,213	2,326,786
Taxes and insurance	1,204,862	1,022,677	2,365,792	2,152,870
Total Expenses	6,113,940	5,354,730	12,094,175	11,145,559
Income Before Other Income and Discontinued Operation	2,888,822	3,337,106	5,928,280	6,279,279
Other Income (Expense)
Interest income	351	553	715	1,192
Interest expense	(1,762,647)	(1,911,952)	(3,603,716)	(3,846,413)
(Loss) from investments in unconsolidated joint venture	(336,332)	(401,226)	(653,189)	(804,344)
Total Other Income (loss)	(2,098,628)	(2,312,625)	(4,256,190)	(4,649,565)
Income From Continuing Operations	790,194	1,024,481	1,672,090	1,629,714
Discontinued Operations
Income from discontinued operations	143	22,781	19,873	44,500
Gain on the sale of real estate	3,678,779		3,678,779
Total Discontinued Operations	3,678,922	22,781	3,698,652	44,500
Net Income	$ 4,469,116	$ 1,047,262	$ 5,370,742	$ 1,674,214
Income per Unit
Income before discontinued operations (in dollars per unit)	$ 6.08	$ 7.80	$ 12.85	$ 12.39
Income from discontinued operations (in dollars per unit)	$ 28.29	$ 0.17	$ 28.43	$ 0.34
Net Income per Unit (in dollars per unit)	$ 34.37	$ 7.97	$ 41.28	$ 12.73
Weighted Average Number of Units Outstanding (in units)	130,040	131,469	130,114	131,477