Statements of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Cash Flows from Operating Activities:
Net income	$ 825,229	$ 21,656
Operating distributions received from joint venture	27,074	132,447
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Equity in income of joint venture	(885,403)	(75,814)
Changes in assets and liabilities:
(Increase) decrease in other assets	(1,656)	365
Increase (decrease) in accounts payable and accrued expenses	1,468	(4,725)
Decrease in due to affiliates	(5,306)	(2,665)
Net cash (used in) provided by operating activities	(38,594)	71,264
Cash Flows from Investing Activities:
Net sale proceeds received from joint venture	3,562,821	0
Investment in joint venture	(221,393)	0
Net cash provided by investing activities	3,341,428	0
Net Increase in Cash and Cash Equivalents	3,302,834	71,264
Cash and Cash Equivalents, beginning of period	3,246,678	6,535,295
Cash and Cash Equivalents, end of period	$ 6,549,512	$ 6,606,559