v2.4.0.6

Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
Assets
Cash and cash equivalents	$ 138	$ 79
Receivables and deposits	116	124
Other assets	93	123
Investment property:
Land	3,660	3,660
Buildings and related personal property	10,104	9,949
Total investment property	13,764	13,609
Less accumulated depreciation	(4,889)	(4,489)
Investment property, net	8,875	9,120
Total assets	9,222	9,446
Liabilities
Accounts payable	33	52
Tenant security deposit liabilities	64	55
Distributions payable	170	170
Due to affiliates	600	312
Accrued property taxes	243	306
Other liabilities	181	156
Mortgage note payable	10,435	10,563
Total liabilities	11,726	11,614
Partners' Deficit
General partner	(478)	(475)
Limited partners	(2,026)	(1,693)
Total partners' deficit	(2,504)	(2,168)
Total liabilities and partners' deficit	$ 9,222	$ 9,446

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).

CONSOLIDATED CAPITAL INSTITUTIONAL PROPERTIES 2 10-Q