v2.3.0.15

Balance Sheets (Unaudited) (USD $) In Thousands	Sep. 30, 2011	Dec. 31, 2010
Assets
Cash and cash equivalents	$ 151	$ 187
Receivables and deposits	181	188
Other assets	1,327	1,218
Investment property:
Land	1,980	1,980
Buildings and related personal property	31,695	40,309
Total investment property	33,675	42,289
Less accumulated depreciation	(25,671)	(33,705)
Investment property, net	8,004	8,584
Total assets	9,663	10,177
Liabilities
Accounts payable	69	190
Tenant security deposit liabilities	422	437
Other liabilities	510	532
Due to affiliates	653	585
Mortgage notes payable	47,315	47,804
Total liabilities	48,969	49,548
Partners' Deficit
General partner	(537)	(538)
Limited partners	(38,769)	(38,833)
Total partners' deficit	(39,306)	(39,371)
Total liabilities and partners' deficit	$ 9,663	$ 10,177

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. For classified balance sheets, used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer); for unclassified balance sheets, used to reflect the total liabilities (regardless of due date).

NATIONAL PROPERTY INVESTORS 4 10-Q