Subsequent Event

12 Months Ended

Dec. 31, 2012

Subsequent Events [Abstract]

Subsequent Events

SUBSEQUENT EVENT

On February 25, 2013, Fund VIII-IX Associates entered into an agreement to sell the US Cellular Building to Fulcrum Asset Advisors, LLC, an unaffiliated third party, for a gross sales price of $8,175,000, exclusive of adjustments and closing costs. As of February 25, 2013, the inspection period has expired and earnest money deposits of $400,000 paid by the buyer have become non-refundable. Fund VIII-IX Associates expects the closing of this transaction to occur during the first quarter of 2013; however, there are no assurances regarding when or if this sale will be completed. The Partnership owns approximately 45.2% of Fund VIII-IX Associates, which owns 100% of the US Cellular Building.