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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Operating Expenses:        
Management fees - Corporate General Partner $ 33 $ 35 $ 66 $ 70
Legal and accounting 27 34 45 52
Tax expense 27 29 48 57
General and administrative 7 5 9 10
Interest 12 12 24 24
Total operating expenses 106 115 192 213
Loss from partnership operations (106) (115) (192) (213)
Distributions from Local Limited Partnership recognized as income 47   47 131
Equity in income of Local Limited Partnership and amortization of acquisition costs 88   153  
Gain on sale of interests in Local Limited Partnerships 339   339  
Net income (loss) 368 (115) 347 (82)
Net income (loss) allocated to general partners (1%) 4 (1) 3 (1)
Net income (loss) allocated to limited partners (99%) $ 364 $ (114) $ 344 $ (81)
Net income (loss) per limited partnership interest $ 21.85 $ (6.83) $ 20.65 $ (4.85)