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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Rental Properties $ 271,071,285 $ 269,804,946
Cash and Cash Equivalents 13,463,294 18,230,463
Rents Receivable 1,028,438 953,761
Real Estate Tax Escrows 2,385,456 2,229,703
Investment in U.S. Treasury Bills 84,789,084 84,700,751
Prepaid Expenses and Other Assets 9,549,493 8,369,775
Investments in Unconsolidated Joint Ventures 1,413,318 1,441,291
Total Assets 383,700,368 385,730,690
LIABILITIES AND PARTNERS' CAPITAL    
Mortgage Notes Payable 407,457,271 408,660,292
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture 27,439,766 26,707,807
Accounts Payable and Accrued Expenses 5,394,443 5,720,088
Advance Rental Payments and Security Deposits 10,396,651 9,996,887
Total Liabilities 450,688,131 451,085,074
Commitments and Contingent Liabilities (Notes 3 and 9)
Partners' Capital 117,010 and 117,431 units outstanding in 2024 and 2023 respectively (66,987,763) (65,354,384)
Total Liabilities and Partners' Capital $ 383,700,368 $ 385,730,690