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Combined Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Rental property, at cost:    
Land $ 6,946 $ 7,568
Buildings 99,594 107,994
Tenant-in-common property 22,662 22,662
Real Estate Investment Property, at Cost, Total 129,202 138,224
Less: accumulated depreciation 74,269 81,063
Rental property, net 54,933 57,161
Cash and cash equivalents 2,009 897
Restricted cash 88 126
Investment securities available for sale, at market    1,441
Tenant accounts receivable, net of allowance of $30 as of September 30, 2012 and December 31, 2011, respectively 244 85
Unbilled rent receivable 1,245 1,259
Other assets, net (1) 67 [1] 399 [1]
Total assets 58,586 61,368
Liabilities and Partners' Deficit    
Wraparound mortgages payable (1) 130,509 [1] 140,491 [1]
Less: unamortized discount based on imputed interest rate of 12% (1) 16,211 [1] 25,794 [1]
Wraparound mortgages payable less unamortized discount (1) 114,298 [1] 114,697 [1]
Due to NPAEP (1) 3,412 [1] 3,379 [1]
Other borrowings (1) 610 [1] 194 [1]
Accounts payable and other liabilities (1) 3,440 [1] 3,420 [1]
Deferred revenue 4,231 195
Finance lease obligation 700 1,750
Total liabilities 126,691 123,635
Partners' deficit (68,105) (62,267)
Total liabilities and partners' deficit $ 58,586 $ 61,368
[1] See Note 3: Related Party Transactions.