XML 32 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income $ (929) $ 80
Adjustments to reconcile net income to net cash used in operating activities:    
Equity in income of Local Limited Partnership and amortization of acquisition costs (161) (290)
Impairment loss 434  
Advances made to Local Limited Partnerships recognized as expense 259  
Gain on sale of interests in Local Limited Partnerships   (13)
Distributions from Local Limited Partnership properties recognized as income   (4)
Change in accounts:    
Change in Accounts Receivable (91) (37)
Change in Taxes payable 2 (102)
Change in Accounts payable and accrued expenses (27) (76)
Net cash used in operating activities (513) (442)
Cash flows from investing activities:    
Advances made to Local Limited Partnerships   (237)
Distributions from Local Limited Partnership properties   4
Proceeds from sale of interests in Local Limited Partnerships 900 13
Net cash provided by (used in) investing activities 900 (220)
Cash Flows From Financing Activities:    
Advances from affiliate 23 12
Net cash provided by (used in) financing activities 23 12
Net increase (decrease) in cash and cash equivalents 410 (650)
Cash and cash equivalents, beginning of period 1,062 1,473
Cash and cash equivalents, end of period $ 1,472 $ 823