SB PARTNERS

CIK:0000087047|SEC Filings

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Equity in net income (loss) of investment	$ 6,379	$ 5,550,026	$ (25,844)	$ 11,662,910
Decrease in reserve for value of investment	0	3,269,995	0	4,207,402
Interest income	22,636	(335)	35,967	2,670
Partnership expenses	(189,237)	(323,798)	(521,864)	(970,480)
Net income (loss) from continuing operations	(160,222)	8,495,888	(511,741)	14,902,502
Income from discontinued operation	90,602	180,070	405,820	547,016
Net income	8,548,117	8,675,958	8,511,816	15,449,518
Income allocated to general partner	1,103	1,119	1,098	1,993
Income allocated to limited partners	$ 8,547,014	$ 8,674,839	$ 8,510,718	$ 15,447,525
Income (loss) per unit of limited partnership interest (basic and diluted)
Continuing operations (in dollars per share)	$ (20.67)	$ 1,095.82	$ (66.01)	$ 1,922.16
Discontinued operation (including gain on sale of investment in real estate) (in dollars per share)	1,123.22	23.23	1,163.88	70.56
Net income (in dollars per share)	$ 1,102.55	$ 1,119.05	$ 1,097.87	$ 1,992.71
Weighted Average Number of Units of Limited Partnership Interest Outstanding (in shares)	7,753	7,753	7,753	7,753
Real Estate Investment [Member]
Gain on sale of investment in real estate	$ 8,617,737	$ 0	$ 8,617,737	$ 0