Note 2 - Investments in and Advances To Local Limited Partnerships: Condensed Combined Balance Sheets of the Local Partnerships (Tables)

12 Months Ended

Dec. 31, 2013

Tables/Schedules

Condensed Combined Balance Sheets of the Local Partnerships

Condensed Combined Balance Sheets of the Local Limited Partnerships
(in thousands)
	December 31, 2013		December 31, 2012
	Material Investee	Total	Material Investee	Total
Assets
Land	$ 337	$ 337	$ 337	$ 337
Building and improvements	8,254	8,254	8,128	8,128
Accumulated depreciation	(6,089)	(6,089)	(5,859)	(5,859)
Other assets	1,534	1,534	1,570	1,570
Total assets	$4,036	$4,036	$4,176	$ 4,176
Liabilities and Partners’  Equity (Deficit):
Liabilities:
Mortgage notes payable	$ 277	$ 277	$ 916	$ 916
Other liabilities	287	287	109	109
Partners’ equity (deficit)	3,472	3,472	3,151	3,151
Total liabilities and partner’s equity (deficit)	$4,036	$ 4,036	$4,176	$ 4,176