This excerpt taken from the BBEP 10-Q filed May 15, 2007.
14. Minority Interest
A wholly owned subsidiary of the Predecessor and an unrelated real estate development company formed a limited liability company to conduct a feasibility study for a residential and commercial real estate project on lands owned by the Predecessor. The limited liability company remains wholly owned by the Predecessor and as such is not reflected in the Partnerships balance sheet. For more detailed information on the Predecessors ownership and consolidation of this limited liability company, see the Partnerships 2006 Annual Report on Form 10-K.