CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Rental Properties	$ 165,745,385	$ 169,462,811
Cash and Cash Equivalents	10,953,067	7,463,697
Rents Receivable	472,606	567,627
Insurance Recovery Receivable	68,270	700,931
Real Estate Tax Escrows	469,807	444,625
Prepaid Expenses and Other Assets	4,245,465	3,585,870
Investments in Unconsolidated Joint Ventures	9,029,232	8,336,505
Total Assets	190,983,832	190,562,066
LIABILITIES AND PARTNERS' CAPITAL
Mortgage Notes Payable	211,934,121	212,709,080
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture	2,754,771	2,577,606
Accounts Payable and Accrued Expenses	2,728,121	4,052,095
Advance Rental Payments and Security Deposits	5,695,319	5,448,011
Total Liabilities	223,112,332	224,786,792
Partners’ Capital 124,387 and 124,409 units outstanding in 2017 and 2016 respectively	(32,128,500)	(34,224,726)
Total Liabilities and Partners' Capital	$ 190,983,832	$ 190,562,066