XML 27 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6
Quarterly Results
12 Months Ended
Dec. 31, 2011
Quarterly Results [Abstract]  
Quarterly Financial Information [Text Block]
QUARTERLY RESULTS (UNAUDITED)
A summary of the unaudited quarterly financial information for the years ended December 31, 2011 and 2010 is presented below:
 
2011 Quarter Ended
 
March 31
 
June 30
 
September 30
 
December 31
Equity in income of joint ventures
$
48,095

 
$
540,268

 
$
59,833

 
$
72,298

Interest and other income
$
1,747

 
$
2,271

 
$
3,870

 
$
3,153

Net income (loss)
$
(14,133
)
 
$
501,846

 
$
27,592

 
$
38,171

Net income (loss) allocated to:
 
 
 
 
 
 
 
Class A limited partners
$
75,276

 
$
221,677

 
$
87,713

 
$
90,493

Class B limited partners
$
(89,409
)
 
$
279,946

 
$
(60,404
)
 
$
(52,703
)
General partners
$

 
$
223

 
$
283

 
$
381

Net income (loss) per weighted-average limited partner unit:
 
 
 
 
 
 
 
Class A
$
0.02

 
$
0.07

 
$
0.03

 
$
0.03

Class B
$
(0.38
)
 
$
1.19

 
$
(0.26
)
 
$
(0.22
)
Distribution of operating cash per weighted-average limited
  partner unit:
 
 
 
 
 
 
 
Class A
$

 
$

 
$

 
$

Class B
$

 
$

 
$

 
$

Distribution of net property sale proceeds per weighted-
  average limited partner unit:
 
 
 
 
 
 
 
Class A
$

 
$

 
$

 
$

Class B
$

 
$

 
$

 
$

 
2010 Quarter Ended
 
March 31
 
June 30
 
September 30
 
December 31
Equity in income (loss) of joint ventures
$
33,526

 
$
(521,255
)
 
$
37,828

 
$
264,280

Interest and other income
$
458

 
$
462

 
$
482

 
$
1,485

Net income (loss)
$
(30,731
)
 
$
(570,337
)
 
$
(2,105
)
 
$
209,217

Net income (loss) allocated to:
 
 
 
 
 
 
 
Class A limited partners
$
(30,731
)
 
$
(570,337
)
 
$
(2,105
)
 
$
119,808

Class B limited partners
$

 
$

 
$

 
$
89,409

General partners
$

 
$

 
$

 
$

Net income (loss) per weighted-average limited partner unit:
 
 
 
 
 
 
 
Class A
$
(0.01
)
 
$
(0.17
)
 
$

 
$
0.03

Class B
$

 
$

 
$

 
$
0.38

Distribution of operating cash per weighted-average limited
  partner unit:
 
 
 
 
 
 
 
Class A
$

 
$

 
$

 
$

Class B
$

 
$

 
$

 
$

Distribution of net property sale proceeds per weighted-
  average limited partner unit:
 
 
 
 
 
 
 
Class A
$

 
$

 
$

 
$

Class B
$

 
$

 
$

 
$