v3.8.0.1

Consolidated Balance Sheets - USD ($)	Nov. 27, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 1,340,847	$ 5,871
Accounts receivable		62,748
Total assets	1,340,847	68,619
Current liabilities:
Accounts payable		18,105
Demand note payable to an affiliate, including accrued interest of $1,366,571 in 2016		6,975,855
Commitments and contingencies
Total liabilities		6,993,960
General partners:
Capital contributions	26,664,247	26,664,247
Cumulative cash distributions	(480,000)	(480,000)
Cumulative net losses	(26,184,247)	(10,984,044)
Total general partners' capital account		15,200,203
Limited partners (891 interests at November 27, 2017 and December 31, 2016):
Capital contributions, net of offering costs	113,057,394	113,057,394
Cumulative cash distributions	(10,236,533)	(7,520,000)
Cumulative net losses	(101,480,014)	(127,662,938)
Total limited partners' capital account	1,340,847	(22,125,544)
Total partners' capital accounts (deficits)	1,340,847	(6,925,341)
Total liabilities and partners' capital accounts (deficits)	$ 1,340,847	$ 68,619

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. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

JMB 245 PARK AVENUE ASSOCIATES LTD 10-K