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Statements of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash Flows from Operating Activities:    
Net income $ 738,284 $ 59,146
Operating distributions received from joint venture 27,074 168,227
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Equity in income of joint venture (830,896) (155,646)
Changes in assets and liabilities:    
Increase in other assets (1,113) (3,577)
Decrease in accounts payable and accrued expenses (5,857) (4,215)
Decrease in due to affiliates (3,082) (2,573)
Net cash (used in) provided by operating activities (75,590) 61,362
Cash Flows from Investing Activities:    
Net sale proceeds received from joint venture 3,562,821 0
Investment in joint venture (298,238) 0
Net cash provided by investing activities 3,264,583 0
Distributions of net sale proceeds to limited partners 0 (3,500,000)
Net Increase (Decrease) in Cash and Cash Equivalents 3,188,993 (3,438,638)
Cash and Cash Equivalents, beginning of period 3,246,678 6,535,295
Cash and Cash Equivalents, end of period $ 6,435,671 $ 3,096,657