Rendering

Component: (Network and Table)
Network
0140 - Statement - Statements of Cash Flows
(http://250west57th.com/role/StatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Statements of Cash Flows [Abstract]Period [Axis]
2011-01-01 - 2011-12-31
2010-01-01 - 2010-12-31
Statements of Cash Flows [Abstract]
 
 
Cash flows from operating activities:
 
 
Net income
3,461,340  
4,666,313  
Adjustments to reconcile net income to net cash provided by operating activities:
 
 
Depreciation of building and tenant improvements
1,502,213  
1,005,398  
Amortization of leasing commissions
191,639  
184,664  
Amortization of mortgage refinancing costs
317,045  
317,042  
Changes in operating assets and liabilities:
 
 
Change in accrued mortgage interest
12,642  
(4,267) 
Change in accrued supervisory fees, related party
(11,000) 
31,000  
Change in accrued expenses
(101,424) 
157,164  
Change in due to Supervisor
153,445  
 
Net cash provided by operating activities
5,525,900  
 
6,357,314  
 
Cash flows from investing activities:
 
 
Purchase of building and tenant improvements
(4,623,863) 
(940,630) 
Increase in payable to Lessee
(16,985) 
62,456  
Net cash used in investing activities
(4,640,848) 
 
(1,003,086) 
 
Cash flows from financing activities:
 
 
Proceeds from mortgages payable
5,000,000  
 
Repayment of mortgages payable
(979,358) 
(926,822) 
Change in deferred costs
(811,118) 
(192,400) 
Distributions to participants
(3,282,704) 
(4,615,783) 
Net cash used in financing activities
(73,180) 
 
(5,735,005) 
 
Net increase (decrease) in cash and cash equivalents
811,872  
 
(380,777) 
 
Cash and cash equivalents, beginning of year
1,513,152  
1,893,929  
Cash and cash equivalents, end of year
2,325,024  
 
1,513,152  
 
Supplemental disclosure of cash flow information:
 
 
Cash paid for interest
2,264,153  
2,316,690