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Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Operating Expenses:        
Management fees - General Partner $ 17 $ 24 $ 51 $ 71
Legal and accounting 12 20 53 58
Tax expense 31 31 106 94
General and administrative 8 4 17 16
Interest       8
Total operating expenses 68 79 227 247
Loss from partnership operations (68) (79) (227) (247)
Distributions (reduction of distributions) from Local Limited Partnerships recognized as income   148 4 273
Advances made to Local Limited Partnerships recognized as expense       (4)
Recovery of advances to local limited partnerships previously recognized as expense   196   196
Equity in income of Local Limited Partnership and amortization of acquisition costs 86 64 290 258
Gain on sale of interests in local limited partnerships 13   (13)  
Gain on extinguishment of debt       1,891
Net income 31 329 80 2,367
Net income allocated to general partners (1%)   3 1 24
Net income allocated to limited partners (99%) $ 31 $ 326 $ 79 $ 2,343
Net Income per limited partnership interest $ 1.85 $ 19.60 $ 4.78 $ 141