RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO INCOME TAX RETURN (Tables)

12 Months Ended

Mar. 31, 2013

Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Abstract]

Schedule Of Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Table Text Block]

For income tax purposes, the fund reports using a December 31 year-end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows:

	Total			Series 15			Series 16
Net income (loss) for financial reporting purposes	$	1,623,764		$	(152,736	)	$	(165,922	)
Operating limited partnership rents received in advance		(9,091	)		(5,565	)		(3,597	)
Accrued fund management fees not  deducted (deducted) for tax purposes		(518,358	)		138,069			134,907
Other		9,322,887			2,342,530			2,209,778
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting		(2,962,809	)		(547,085	)		(833,896	)
Excess of tax depreciation over book depreciation on operating limited partnership assets		(1,097,632	)		(170,171	)		(280,469	)
Difference due to fiscal year for book purposes and calendar year for tax purposes		(1,864,492	)		(385,534	)		(254,564	)
Income (loss) for tax return purposes, year ended December 31, 2012	$	4,494,269		$	1,219,508		$	806,237

	Series 17			Series 18			Series 19
Net income (loss) for financial reporting purposes	$	85,976		$	681,398		$	1,175,048
Operating limited partnership rents received in advance		526			(212	)		(243	)
Accrued fund management fees not deducted (deducted) for tax purposes		(172,093	)		(619,241	)		-
Other		(9,062	)		3,787,299			992,342
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting		(717,911	)		(537,292	)		(326,625	)
Excess of tax depreciation over book depreciation on operating limited partnership assets		(275,264	)		(224,315	)		(147,413	)
Difference due to fiscal year for book purposes and calendar year for tax purposes		(3,417	)		(17,298	)		(1,203,679	)
Income (loss) for tax return purposes, year ended December 31, 2012	$	(1,091,245	)	$	3,070,339		$	489,430

For income tax purposes, the fund reports using a December 31 year-end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2012 is reconciled as follows:

	Total			Series 15			Series 16
Net income (loss) for financial reporting purposes	$	72,041		$	133,226		$	(166,198	)
Operating limited partnership rents received in advance		(10,156	)		2,199			(1,715	)
Accrued fund management fees not  deducted (deducted) for tax purposes		(212,295	)		(265,407	)		116,741
Other		9,652,956			2,488,615			650,482
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting		(4,045,294	)		(730,809	)		(1,010,045	)
Excess of tax depreciation over book depreciation on operating limited partnership assets		(1,178,940	)		(243,438	)		(376,657	)
Difference due to fiscal year for book purposes and calendar year for tax purposes		(722,510	)		472,240			(51,316	)
Income (loss) for tax return purposes, year ended December 31, 2011	$	3,555,802		$	1,856,626		$	(838,708	)

	Series 17			Series 18			Series 19
Net income (loss) for financial reporting purposes	$	(25,508	)	$	169,974		$	(39,453	)
Operating limited partnership rents received in advance		(10,640	)		-			-
Accrued fund management fees not deducted (deducted) for tax purposes		71,531			(135,160	)		-
Other		2,197,089			(428	)		4,317,198
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting		(733,673	)		(1,197,176	)		(373,591	)
Excess of tax depreciation over book depreciation on operating limited partnership assets		(237,315	)		(245,477	)		(76,053	)
Difference due to fiscal year for book purposes and calendar year for tax purposes		(1,011,334	)		(28,923	)		(103,177	)
Income (loss) for tax return purposes, year ended December 31, 2011	$	250,150		$	(1,437,190	)	$	3,724,924

Schedule Of Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Table Text Block]

The differences between the investments in operating limited partnerships for tax purposes and financial statements purposes at March 31, 2013, are as follows:

	Total			Series 15			Series 16
Investments in operating limited partnerships - tax return December 31, 2012	$	(37,176,555	)	$	(8,336,321	)	$	(11,498,827	)
Estimated share of loss for the three months ended March 31, 2013		(883,274	)		(111,396	)		-
Add back operating limited partnership losses not recognized for financial reporting purposes under the equity method		35,033,727			7,552,909			9,782,878
Impairment loss in investment in operating limited partnerships		(12,876,562	)		(764,836	)		(2,512,421	)
Historic tax credits		5,325,806			-			1,844,836
Other		10,576,858			1,659,644			2,383,534
Investments in operating limited partnerships - as reported	$	-		$	-		$	-

	Series 17			Series 18			Series 19
Investments in operating limited partnerships - tax return December 31, 2012	$	(7,623,374	)	$	(7,788,760	)	$	(1,929,273	)
Estimated share of loss for the three months ended March 31, 2013		(418,588	)		(309,042	)		(44,248	)
Add back operating limited partnership losses not recognized for financial reporting purposes under the equity method		7,473,233			6,478,163			3,746,544
Impairment loss in investment in operating limited partnerships		(3,288,846	)		(4,172,906	)		(2,137,553	)
Historic tax credits		1,100,310			2,062,333			318,327
Other		2,757,265			3,730,212			46,203
Investments in operating limited partnerships - as reported	$	-		$	-		$	-

The differences between the investments in operating limited partnerships for tax purposes and financial statements purposes at March 31, 2012, are as follows:

	Total			Series 15			Series 16
Investments in operating limited partnerships - tax return December 31, 2011	$	(39,842,699	)	$	(9,915,268	)	$	(12,422,684	)
Estimated share of loss for the three months ended March 31, 2012		(1,012,965	)		(136,871	)		-
Add back operating limited partnership losses not recognized for financial reporting purposes under the equity method		40,003,128			8,366,571			9,860,741
Impairment loss in investment in operating limited partnerships		(17,303,883	)		(867,409	)		(2,861,385	)
Historic tax credits		5,325,806			-			1,844,836
Other		12,830,613			2,552,977			3,578,492
Investments in operating limited partnerships - as reported	$	-		$	-		$	-

	Series 17			Series 18			Series 19
Investments in operating limited partnerships - tax return December 31, 2011	$	(6,285,101	)	$	(9,967,872	)	$	(1,251,774	)
Estimated share of loss for the three months ended March 31, 2012		(467,481	)		(357,422	)		(51,191	)
Add back operating limited partnership losses not recognized for financial reporting purposes under the equity method		6,800,814			9,565,423			5,409,579
Impairment loss in investment in operating limited partnerships		(4,596,588	)		(4,363,063	)		(4,615,438	)
Historic tax credits		1,100,310			2,062,333			318,327
Other		3,448,046			3,060,601			190,497
Investments in operating limited partnerships - as reported	$	-		$	-		$	-