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Statements of Operations (unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Rental income (Note 5) $ 53,654 $ 39,529 $ 157,514 $ 117,294
Other operating income 0 0 0 74,690
Total revenues 53,654 39,529 157,514 191,984
Expenses:        
Professional services to affiliates 15,467 10,329 51,239 59,653
Professional services to non-affiliates 33,740 10,082 81,909 68,881
General and administrative expenses to affiliates 4,130 1,879 11,679 11,129
General and administrative expenses to non-affiliates 3,233 3,562 24,654 23,034
Marketing expenses to affiliates 2,276 18,125 5,395 20,547
Marketing expenses to non-affiliates 2,017 0 2,292 0
Land operating expenses to affiliates 9,035 4,158 24,419 16,772
Land operating expenses to non-affiliates 13,687 26,385 1,263,454 95,108
Impairment loss on land 0 650,500 0 650,500
Total expenses 83,585 725,020 1,465,041 945,624
Operating loss (29,931) (685,491) (1,307,527) (753,640)
Interest income 2,982 5,549 8,299 17,044
Other income 2,100 3,200 12,750 8,200
Loss from continuing operations (24,849) (676,742) (1,286,478) (728,396)
Discontinued operations (Note 2):        
Income from discontinued operations 0 1,983 3,910 5,875
Provision for loss on investment property held for sale 0 0 (170,666) 0
Loss on sale of investment properties (147,657) 0 (147,657) 0
Income (loss) from discontinued operations (147,657) 1,983 (314,413) 5,875
Net loss (172,506) (674,759) (1,600,891) (722,521)
Net loss allocated to:        
General Partner (249) (242) (12,826) (720)
Limited Partners (172,257) (674,517) (1,588,065) (721,801)
Net loss $ (172,506) $ (674,759) $ (1,600,891) $ (722,521)
Net loss allocated to the one General Partner Unit (249) (242) (12,826) (720)
Net income (loss) per Unit, allocated to Limited Partners per weighted average Limited Partnership Units (50,068 for the three and nine months ended September 30, 2012 and 2011):        
Continuing operations (0.49) (13.52) (25.44) (14.54)
Discontinued operations (2.95) 0.04 (6.28) 0.12
Total (3.44) (13.48) (31.72) (14.42)