XML 20 R9.htm IDEA: XBRL DOCUMENT v3.5.0.2
RELATED PARTY TRANSACTIONS
3 Months Ended
Jun. 30, 2016
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]
NOTE C - RELATED PARTY TRANSACTIONS
 
The Fund has entered into several transactions with various affiliates of its general partner, including Boston Capital Holdings LP, Boston Capital Partners, Inc., and Boston Capital Asset Management Limited Partnership, as follows:
 
An annual fund management fee, based on .5 percent of the aggregate cost of all apartment complexes owned by the Operating Partnerships, has been accrued to Boston Capital Asset Management Limited Partnership.  Since reporting fees collected by the series were added to reserves and not paid to Boston Capital Asset Management Limited Partnership, the amounts accrued are not net of reporting fees received. The fund management fees accrued for the three months ended June 30, 2016 and 2015 are as follows:
 
         2016
         2015
Series 15
$  9,027
$ 19,131
Series 16
43,221
45,774
Series 17
22,029
37,158
Series 18
23,904
23,904
Series 19
  8,793
  8,793
 
$106,974
$134,760
 
The fund management fees paid for the three months ended June 30, 2016 and 2015 are as follows:
 
2016
2015
Series 15
$  -
$    -
Series 16
-
-
Series 17
22,029
87,383
Series 18
-
-
Series 19
   8,793
   8,793
$ 30,822
$ 96,176