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CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2013	Dec. 31, 2012
ASSETS
Rental Properties	$ 94,756,338	$ 94,973,600
Property held for Sale	475,237	462,250
Cash and Cash Equivalents	3,379,431	6,981,906
Rents Receivable	391,760	475,083
Real Estate Tax Escrows	345,585	449,652
Prepaid Expenses and Other Assets	2,656,323	3,073,890
Investments in Unconsolidated Joint Ventures	13,329,316	13,986,173
Financing and Leasing Fees	1,239,526	1,135,936
Total Assets	116,573,516	121,538,490
LIABILITIES AND PARTNERS' CAPITAL
Mortgage Notes Payable	133,867,404	138,055,522
Accounts Payable and Accrued Expenses	1,966,494	2,361,942
Advance Rental Payments and Security Deposits	3,728,455	3,636,704
Total Liabilities	139,562,353	144,054,168
Commitments and Contingent Liabilities (Notes 3 and 9)
Partners' Capital 130,040 and 130,444 units outstanding in 2013 and 2012 respectively	(22,988,837)	(22,515,678)
Total Liabilities and Partners' Capital	$ 116,573,516	$ 121,538,490

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Property, plant and equipment that is held for sale apart from normal operations and anticipated to be sold in less than one year.

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