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COMMITMENTS AND CONTINGENCIES | 6 Months Ended
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Jun. 30, 2019
COMMITMENTS AND CONTINGENCIES |
COMMITMENTS AND CONTINGENCIES | NOTE 9. COMMITMENTS AND CONTINGENCIES From time to time, the Partnership is involved in various ordinary routine litigation incidental to its business. The Partnership either has insurance coverage or provides for any uninsured claims when appropriate. The Partnership is not involved in any material pending legal proceedings. In February, 2019, a water pipe broke at Hamilton Oaks in Brockton, MA. resulting in the evacuation of 40 apartments for approximately one week. The Partnership has insurance coverage on both the repairs and rental loss. As of June 30, 2019, the Partnership has received $75,000 on this claim, and has an estimated insurance recovery receivable of approximately $103,000, which is included on the prepaid expenses and other assets as of June 30, 2019.

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