XML 21 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Revenues:    
Rental income (Note 6) $ 0 $ 83,980
Gain on sale of investment properties 0 22,432
Total revenues 0 106,412
Expenses:    
Professional services to affiliates 36,840 45,539
Professional services to non-affiliates 95,299 103,065
General and administrative expenses to affiliates 39,697 37,198
General and administrative expenses to non-affiliates 23,552 26,101
Land operating expenses to affiliates 4,462 7,417
Land operating expenses to non-affiliates 12,087 57,980
Provision for loss on investment property held for sale 0 585,937
Impairment loss on land 1,235,000 2,680,000
Total expenses 1,446,937 3,543,237
Operating loss (1,446,937) (3,436,825)
Interest income 6,557 5,602
Other income 4,200 4,000
Net loss (1,436,180) (3,427,223)
Net loss allocated to (Note 2):    
General Partner (2,012) (1,837)
Limited Partners (1,434,168) (3,425,386)
Net loss $ (1,436,180) $ (3,427,223)
Net loss allocated to the one General Partner Unit $ (2,012) $ (1,837)
Net loss per Unit allocated to Limited Partners per weighted average Limited Partnership Units (50,068 Units for the years ended December 31, 2017 and 2016) $ (28.64) $ (68.41)