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ADVANCE RENTAL PAYMENTS AND SECURITY DEPOSITS
12 Months Ended
Dec. 31, 2014
ADVANCE RENTAL PAYMENTS AND SECURITY DEPOSITS  
ADVANCE RENTAL PAYMENTS AND SECURITY DEPOSITS

NOTE 6. ADVANCE RENTAL PAYMENTS AND SECURITY DEPOSITS

        The Partnership's residential lease agreements may require tenants to maintain a one-month advance rental payment and/or a security deposit. Prepaid rents are approximately $1,568,000 and $1,448,000 at December 31, 2014 and 2013, respectively. Security deposits are approximately $2,332,000 and $2,286,000 at December 31, 2014 and 2013, respectively.