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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues:$ 0$ 0$ 0$ 0
Operating Expenses:    
Management fees - Corporate General Partner333599105
Legal and accounting36198171
Tax expense27297586
General and administrative461316
Interest13133737
Total operating expenses113102305315
Loss from partnership operations(113)(102)(305)(315)
Distributions from Local Limited Partnerships recognized as income13460135
Recovery of advances to Local Limited Partnership previously recognized as expense370370
Equity in income (loss) of Local Limited Partnership and amortization of acquisition costs(16)01370
Gain on sale of interests in Local Limited Partnerships6204010
Net income (loss)(17)(98)330(180)
Net income (loss) allocated to general partners (1%)0(1)3(2)
Net income (loss) allocated to limited partners (99%)$ (17)$ (97)$ 327$ (178)
Net income (loss) per limited partnership interest$ (1.02)$ (5.81)$ 19.63$ (10.67)