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Statement of Income (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Rental Income $ 298,963 $ 290,199 $ 896,888 $ 811,105
Expenses:        
Partnership Administration – Affiliates 55,431 59,595 169,120 181,049
Partnership Administration and Property Management – Unrelated Parties 12,419 20,785 50,685 54,971
Property Acquisition 0 29,133 0 51,342
Depreciation and Amortization 76,702 74,213 230,100 201,342
Total Expenses 144,552 183,726 449,905 488,704
Operating Income 154,411 106,473 446,983 322,401
Other Income:        
Interest Income 1,079 771 1,534 4,573
Income from Continuing Operations 155,490 107,244 448,517 326,974
Income from Discontinued Operations 205,923 42,356 306,334 630,425
Net Income 361,413 149,600 754,851 957,399
Net Income Allocated:        
General Partners 6,560 1,496 10,494 9,574
Limited Partners $ 354,853 $ 148,104 $ 744,357 $ 947,825
Income per Limited Partnership Unit:        
Continuing Operations (in Dollars per share) $ 7.17 $ 4.89 $ 20.66 $ 14.89
Discontinued Operations (in Dollars per share) $ 9.36 $ 1.93 $ 13.97 $ 28.71
Total – Basic and Diluted (in Dollars per share) $ 16.53 $ 6.82 $ 34.63 $ 43.60
Weighted Average Units Outstanding – Basic and Diluted (in Shares) 21,465 21,712 21,496 21,737