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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:    
Net income $ 2,295 $ 295
Adjustments to reconcile net income to net cash used in operating activities:    
Gain on extinguishment of debt (1,891) 0
Distributions from sale of Local Limited Partnership properties recognized as income (212) 0
Advances to Local Limited Partnerships recognized as expense 4 0
Gain on sale of interests in Local Limited Partnerships 0 (401)
Recovery of advances to Local Limited Partnerships previously recognized as expense (196) (37)
Equity in income of Local Limited Partnership and amortization of acquisition costs (391) (224)
Change in accounts:    
Receivables - limited partners (117) (13)
Accounts payable and accrued expenses 87 (1)
Accrued interest payable 8 49
Taxes payable 30 14
Net cash used in operating activities (383) (318)
Cash flows from investing activities:    
Distributions from sale of Local Limited Partnership properties 212 0
Proceeds from sale of interests in Local Limited Partnerships 0 401
Advances to Local Limited Partnerships (4) 0
Recovery of advances to Local Limited Partnerships 196 37
Net cash provided by investing activities 404 438
Net increase in cash and cash equivalents 21 120
Cash and cash equivalents, beginning of period 1,452 1,332
Cash and cash equivalents, end of period $ 1,473 $ 1,452