CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Rental Properties	$ 167,657,072	$ 169,462,811
Cash and Cash Equivalents	7,816,172	7,463,697
Rents Receivable	455,863	567,627
Insurance Recovery Receivable	205,137	700,931
Real Estate Tax Escrows	435,922	444,625
Prepaid Expenses and Other Assets	3,498,264	3,585,870
Investments in Unconsolidated Joint Ventures	9,955,145	8,336,505
Total Assets	190,023,575	190,562,066
LIABILITIES AND PARTNERS' CAPITAL
Mortgage Notes Payable	212,322,196	212,709,080
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture	2,636,410	2,577,606
Accounts Payable and Accrued Expenses	2,918,163	4,052,095
Advance Rental Payments and Security Deposits	5,639,532	5,448,011
Total Liabilities	223,516,301	224,786,792
Partners’ Capital 124,386 and 124,409 units outstanding in 2017 and 2016 respectively	(33,492,726)	(34,224,726)
Total Liabilities and Partners' Capital	$ 190,023,575	$ 190,562,066