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Investment in Joint Ventures (Tables)
6 Months Ended
Jun. 30, 2012
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Financial Information for Joint Ventures
Condensed financial information for the joint ventures in which the Partnership held direct interests for the three months and six months ended June 30, 2012 and 2011, respectively, is presented below:
 
Total Revenues
 
Income (Loss) From
Continuing Operations
 
Income From
Discontinued Operations
 
Net Income
 
Three Months Ended
 
Three Months Ended
 
Three Months Ended
 
Three Months Ended
 
June 30,
 
June 30,
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
Fund VIII-IX Associates
$
550,092

 
$
485,944

 
$
176,608

 
$
85,770

 
$

 
$

 
$
176,608

 
$
85,770

Fund IX-X-XI-REIT Associates

 

 

 
(3,521
)
 

 
1,288,401

 

 
1,284,880

 
$
550,092

 
$
485,944

 
$
176,608

 
$
82,249

 
$

 
$
1,288,401

 
$
176,608

 
$
1,370,650

 
Total Revenues
 
Income (Loss) From
Continuing Operations
 
Income From
Discontinued Operations
 
Net Income
 
Six Months Ended
 
Six Months Ended
 
Six Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
Fund VIII-IX Associates
$
1,066,686

 
$
966,170

 
$
344,325

 
$
152,787

 
$

 
$

 
$
344,325

 
$
152,787

Fund IX-X-XI-REIT Associates

 

 

 
(20,626
)
 

 
1,351,115

 

 
1,330,489

 
$
1,066,686

 
$
966,170

 
$
344,325

 
$
132,161

 
$

 
$
1,351,115

 
$
344,325

 
$
1,483,276

Schedule of Joint Venture Disposal Groups, Including Discontinued Operations, Income Statement Disclosures
The components of income from discontinued operations recognized by the Joint Ventures are provided below:
 
Six Months Ended
 
Six Months Ended
 
June 30, 2012
 
June 30, 2011
 
Operating
Income
 
Gain
on Sale
 
Total
 
Operating
Income
 
 
Gain
on Sale
 
Total
Fund IX-X-XI-REIT Associates
$

 
$

 
$

 
$
122,363

 
 
$
1,228,752

 
$
1,351,115