CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
ASSETS
Rental Properties	$ 151,211,354	$ 152,904,661
Cash and Cash Equivalents	10,987,525	14,013,380
Rents Receivable	502,289	496,149
Real Estate Tax Escrows	289,702	375,560
Prepaid Expenses and Other Assets	3,945,880	3,895,189
Investments in Unconsolidated Joint Ventures	11,632,341	12,025,142
Financing and Leasing Fees	1,580,506	1,635,076
Total Assets	180,149,597	185,345,157
LIABILITIES AND PARTNERS' CAPITAL
Mortgage Notes Payable	195,073,358	198,520,478
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture	1,332,797	1,252,346
Accounts Payable and Accrued Expenses	2,672,024	3,178,495
Advance Rental Payments and Security Deposits	4,298,211	4,242,401
Total Liabilities	203,376,390	207,193,720
Commitments and Contingent Liabilities (Notes 3 and 9)
Partners' Capital 129,216 and 129,487 units outstanding in 2014 and 2013 respectively	(23,226,793)	(21,848,563)
Total Liabilities and Partners' Capital	$ 180,149,597	$ 185,345,157