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CONSOLIDATED STATEMENTS OF INCOME (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues        
Rental income $ 8,702,905 $ 8,234,245 $ 17,462,608 $ 16,413,095
Laundry and sundry income 97,511 111,398 190,189 213,441
Total Revenues 8,800,416 8,345,643 17,652,797 16,626,536
Expenses        
Administrative 408,814 399,845 898,588 825,588
Depreciation and amortization 1,546,186 1,451,795 3,060,231 2,808,616
Management fees 365,866 350,886 717,611 684,236
Operating 711,039 871,037 1,953,142 2,329,723
Renting 53,368 109,450 100,119 197,337
Repairs and maintenance 1,297,772 1,317,610 2,370,646 2,379,751
Taxes and insurance 1,030,690 1,008,219 2,175,091 2,060,745
Total Expenses 5,413,735 5,508,842 11,275,428 11,285,996
Income Before Other Income and Discontinued Operations 3,386,681 2,836,801 6,377,369 5,340,540
Other Income (loss)        
Interest income 553 1,007 1,192 2,234
Interest expense (1,938,747) (1,983,117) (3,900,003) (3,929,825)
(Loss) from investment in unconsolidated joint ventures (401,226) (498,198) (804,344) (952,246)
Total Other Income (Loss) (2,339,420) (2,480,308) (4,703,155) (4,879,837)
Income from Continuing Operations 1,047,261 356,493 1,674,214 460,703
Discontinued Operations        
Income from discontinued operations   16,178   81,567
Gain on the sale of real estate   7,720,459   7,720,459
Total Discontinued Operations   7,736,637   7,802,026
Net Income $ 1,047,261 $ 8,093,130 $ 1,674,214 $ 8,262,729
Income per Unit        
Income before discontinued operations (in dollars per unit) $ 7.97 $ 2.71 $ 12.73 $ 3.50
Income from discontinued operations (in dollars per unit)   $ 58.84   $ 59.34
Net Income per Unit (in dollars per unit) $ 7.97 $ 61.55 $ 12.73 $ 62.84
Weighted Average Number of Units Outstanding (in units) 131,469 131,484 131,477 131,484