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Assets Held for Sale
9 Months Ended
Dec. 31, 2013
Assets Held For Sale [Abstract]  
Disclosure Of Long Lived Assets Held For Sale Text Block

NOTE 5 – Assets Held for Sale

On August 19, 2013, the Partnership had entered into assignment and assumption agreements to sell its limited partnership interest in (i) Figueroa Senior Housing Limited Partnership (“Figueroa”) to an unaffiliated third party purchaser for the sale price of $214,264 and (ii) NNPHI Senior Housing Limited Partnership (“Normandie”) to an unaffiliated third party purchaser for a sales price of $120,788.  During the quarter ended December 31, 2013, negotiations fell through on both contracts and they are no longer under contract for sale.  Management has determined that the sale of these two properties might not be likely in the near future, and as such, they have been reclassified from discontinued operations into continuing operations.