Note 2 - Investments in and Advances To Local Limited Partnerships: Schedule of Statement of Operations of Investment Partnerships (in thousands) (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Statement of Operations of Investment Partnerships (in thousands):

Schedule of Statement of Operations of Investment Partnerships (in thousands)

	Three Months Ended June 30, 2012	Three Months Ended June 30, 2011	Six Months Ended June 30, 2012	Six Months Ended June 30, 2011
Revenues
Rental and other	$   689	$   810	$ 1,355	$ 1,497
Expenses
Operating expenses	340	414	721	796
Financial expenses	111	123	221	247
Depreciation and amortization	86	86	172	171
Total expenses	537	623	1,114	1,214
Income from continuing   operations	$   152	$   187	$   241	$   283