United Development Funding III, LP | 2013 | FY | 3


The tables below reflect the net effect on the reported amounts above as if the adjustments had been reported in an earlier quarter.
 
 
 
 
 
 
 
 
 
 
 
 
Net Income  Per
 
 
 
 
 
 
 
 
 
 
 
 
Net Income
 
Limited
 
Weighted
 
 
 
 
 
 
 
 
 
Allocated to
 
Partnership
 
Average
 
 
 
 
 
 
 
 
 
Limited
 
Unit
 
Units
 
 
 
Revenues
 
Net Income
 
Partners
 
Basic/Diluted
 
Outstanding
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
First quarter
 
$
-
 
$
305,592
 
$
273,870
 
$
0.01
 
 
-
 
Second quarter
 
$
-
 
$
305,592
 
$
273,870
 
$
0.01
 
 
-
 
Third quarter
 
$
-
 
$
305,592
 
$
273,870
 
$
0.01
 
 
-
 
Fourth quarter
 
$
-
 
$
2,874,726
 
$
2,576,319
 
$
0.15
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
First quarter
 
$
-
 
$
235,619
 
$
211,161
 
$
0.01
 
 
-
 
Second quarter
 
$
-
 
$
235,619
 
$
211,161
 
$
0.01
 
 
-
 
Third quarter
 
$
-
 
$
238,534
 
$
213,773
 
$
0.01
 
 
-
 
Fourth quarter
 
$
-
 
$
278,272
 
$
249,387
 
$
0.02
 
 
-
 

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