Jack,
Yeah, but neither equity nor assets equals cash.
As I read it, the intention is, in the short term, to sell undeveloped plots in order to have some cash on hand to pay out those that want to exit- BUT they are under no obligation to do so until the end of the limited partner agreement.
Personally I'll asses it nearer to the time, and try and work out if I'm better off staying in or jumping ship, dependent upon how much I get if I leave vs how much I think I'll get if I stay.
Judging by my financial acumen to this point, my advice would be find out what I did, and do the opposite!!