v3.3.0.814

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Investments in real estate:
Rental properties	$ 0	$ 8,623
Accumulated depreciation	0	(3,724)
Total investments in real estate	0	4,899
Cash and cash equivalents	2,366	3,468
Accounts receivable, net	757	68
Deferred costs, net of accumulated amortization of $397 as of December 31, 2014	0	356
Prepaid expenses and other assets	0	214
Assets held for sale	4,379	33,580
Total assets	7,502	42,585
Liabilities:
Note payable and line of credit	0	28,153
Accounts payable and other liabilities	169	295
Deferred gain on disposition of assets	740	0
Prepaid rent	0	27
Liabilities related to assets held for sale	583	350
Total liabilities	$ 1,492	$ 28,825
Commitments and contingent liabilities (Note 7)
Partners' Equity (Deficit):
General Partner	$ 60	$ (909)
Limited partners, 65,819 limited partnership units outstanding as of September 30, 2015 and December 31, 2014	5,950	14,669
Total partners' equity	6,010	13,760
Total liabilities and partners' equity	$ 7,502	$ 42,585

Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.

RANCON REALTY FUND IV 10-Q