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CONSOLIDATED BALANCE SHEETS - USD ($) | Dec. 31, 2020 | Dec. 31, 2019
--- | --- | ---
ASSETS |  |
Rental Properties | $ 264,609,887 | $ 278,363,988
Cash and Cash Equivalents | 18,646,972 | 7,546,324
Rents Receivable | 1,412,074 | 484,610
Real Estate Tax Escrows | 534,941 | 446,781
Prepaid Expenses and Other Assets | 5,054,959 | 6,021,544
Investments in Unconsolidated Joint Ventures | 1,410,769 | 1,430,402
Total Assets | 291,669,602 | 294,293,649
LIABILITIES AND PARTNERS' CAPITAL |  |
Mortgage Notes Payable | 283,444,533 | 281,771,246
Notes Payable | 17,000,000 | 18,000,000
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture | 21,339,743 | 19,970,089
Accounts Payable and Accrued Expenses | 3,888,237 | 4,274,267
Advance Rental Payments and Security Deposits | 7,466,134 | 8,101,835
Total Liabilities | 333,138,647 | 332,117,437
Commitments and Contingent Liabilities (Notes 3 and 9) |  |
Partners' Capital 121,756 and 121,978 units outstanding in 2020 and 2019 respectively | (41,469,045) | (37,823,788)
Total Liabilities and Partners' Capital | $ 291,669,602 | $ 294,293,649

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