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CONSOLIDATED STATEMENTS OF INCOME (USD $)
 3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues        
Rental income $ 8,782,896 $ 8,543,908 $ 26,245,505 $ 24,957,004
Laundry and sundry income 92,700 104,618 282,889 318,059
Total Revenues 8,875,596 8,648,526 26,528,394 25,275,063
Expenses        
Administrative 463,687 411,836 1,362,276 1,237,424
Depreciation and amortization 1,571,942 1,603,529 4,632,173 4,412,144
Management fee 360,578 347,833 1,078,188 1,032,069
Operating 731,618 774,998 2,684,760 3,104,722
Renting 48,483 63,482 148,602 260,819
Repairs and maintenance 1,487,272 1,421,084 3,857,918 3,800,836
Taxes and insurance 1,066,739 1,042,470 3,241,830 3,103,215
Total Expenses 5,730,319 5,665,232 17,005,747 16,951,229
Income Before Other Income and Discontinued Operations 3,145,277 2,983,294 9,522,647 8,323,834
Other Income (Expense)        
Interest income 554 895 1,746 3,129
Interest expense (1,953,645) (2,033,082) (5,853,647) (5,962,907)
(Loss) from investments in unconsolidated joint ventures (417,733) (491,128) (1,222,077) (1,443,374)
Total Other Income (Expense) (2,370,824) (2,523,315) (7,073,978) (7,403,152)
Income from Continuing Operations 774,453 459,979 2,448,669 920,682
Discontinued Operations        
Income from discontinued operations   (2,245)   81,567
Gain on the sale of real estate   (808)   7,720,459
Total Discontinued Operations   (3,053)   7,802,026
Net Income $ 774,453 $ 456,926 $ 2,448,669 $ 8,722,708
Income per Unit        
Income before discontinued operations (in dollars per unit) $ 5.90 $ 3.50 $ 18.63 $ 7.00
Income from discontinued operations (in dollars per unit)   $ (0.02)   $ 59.34
Net Income per Unit (in dollars per unit) $ 5.90 $ 3.48 $ 18.63 $ 66.34
Weighted Average Number of Units Outstanding (in units) 131,277 131,484 131,410 131,484