PREPAID EXPENSES and OTHER ASSETS	12 Months Ended
Dec. 31, 2022
PREPAID EXPENSES and OTHER ASSETS
OTHER ASSETS	NOTE 4. PREPAID EXPENSES and OTHER ASSETS Approximately $3,406,000 and $3,067,000 of security deposits are included in prepaid expenses and other assets at December 31, 2022 and 2021, respectively. The security deposits and escrow accounts are restricted cash. Included in prepaid expenses and other assets at December 31, 2022 and 2021 is approximately $1,979,000 and $1,819,000, respectively, held in escrow to fund future capital improvements. Included in prepaid expenses and other assets at December 31, 2022, the Partnership recorded $573,000 and $580,000 of Treasury bill interest receivable and distributions receivable from the Joint Ventures , respectively. No such transactions occurred in 2021. Intangible assets on the acquisition of Mill Street Apartments is included in prepaid expenses and other assets. Intangible assets are $0 net of accumulated amortization of approximately $1,418,000 and approximately $26,000 net of accumulated amortization of approximately $1,392,000 at December 31, 2022 and 2021, respectively. Financing fees in association with the refinancing and the line of credit of approximately $109,000 and $169,000 are net of accumulated amortization of approximately $70,000 and $10,000 at December 31, 2022 and 2021 respectively.

PREPAID EXPENSES and OTHER ASSETS

12 Months Ended

Dec. 31, 2022

NOTE 4. PREPAID EXPENSES and OTHER ASSETS

Approximately $3,406,000 and $3,067,000 of security deposits are included in prepaid expenses and other assets at December 31, 2022 and 2021, respectively. The security deposits and escrow accounts are restricted cash.

Included in prepaid expenses and other assets at December 31, 2022 and 2021 is approximately $1,979,000 and $1,819,000, respectively, held in escrow to fund future capital improvements.

Included in prepaid expenses and other assets at December 31, 2022, the Partnership recorded $573,000 and $580,000 of Treasury bill interest receivable and distributions receivable from the Joint Ventures , respectively. No such transactions occurred in 2021.

Intangible assets on the acquisition of Mill Street Apartments is included in prepaid expenses and other assets. Intangible assets are $0 net of accumulated amortization of approximately $1,418,000 and approximately $26,000 net of accumulated amortization of approximately $1,392,000 at December 31, 2022 and 2021, respectively.

Financing fees in association with the refinancing and the line of credit of approximately $109,000 and $169,000 are net of accumulated amortization of approximately $70,000 and $10,000 at December 31, 2022 and 2021 respectively.