 |
v2.4.0.6
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Statements Of Operations (USD $)
|
12 Months Ended |
|
Dec. 31, 2011
|
Dec. 31, 2010
|
| Revenues: |
|
|
| Rental income (Note 5) |
$ 215,406 |
$ 207,365 |
| Total revenues |
215,406 |
207,365 |
| Expenses: |
|
|
| Professional services to affiliates |
33,732 |
46,216 |
| Professional services to non-affiliates |
80,656 |
76,593 |
| General and administrative expenses to affiliates |
7,830 |
7,306 |
| General and administrative expenses to non- affiliates |
27,913 |
29,212 |
| Marketing expenses to affiliates |
318 |
3,798 |
| Marketing expenses to non-affiliates |
0 |
559 |
| Land operating expenses to non-affiliates |
19,173 |
75,289 |
| Total expenses |
169,622 |
238,973 |
| Operating income (loss) |
45,784 |
(31,608) |
| Interest income |
18,161 |
21,662 |
| Other income |
7,125 |
9,208 |
| Net income (loss) |
71,070 |
(738) |
| Net income (loss) allocated to (Note 2): |
|
|
| General Partner |
711 |
(7) |
| Limited Partners |
70,359 |
(731) |
| Net income (loss) |
$ 71,070 |
$ (738) |
| Net income (loss) allocated to the one General Partner Unit |
$ 711 |
$ (7) |
| Net income (loss) per Unit allocated to Limited Partners per weighted average Limited Partnership Units (29,593 for the years ended December 31, 2011 and 2010) |
$ 2.38 |
$ (0.02) |
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