XML 31 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
BALANCE SHEETS - USD ($)
Mar. 31, 2015
Mar. 31, 2014
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS $ 1,798,718 $ 5,328,701
OTHER ASSETS    
Cash and cash equivalents 23,720,352 12,797,054
Notes receivable 22,790 22,790
Deferred acquisition costs, net of accumulated amortization 0 200,376
Other assets 412,350 180,417
ASSETS 25,954,210 18,529,338
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 182,339 160,120
Accounts payable - affiliates 52,101,042 50,042,235
Capital contributions payable 587,465 664,260
LIABILITIES 52,870,846 50,866,615
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (19,481,250) (24,847,683)
General partner (7,435,386) (7,489,594)
PARTNERS' CAPITAL (DEFICIT) (26,916,636) (32,337,277)
Liabilities and Stockholders' Equity 25,954,210 18,529,338
Series Twenty [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 310,195 204,785
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 310,195 204,785
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 1,504,687 1,488,111
Capital contributions payable 0 0
LIABILITIES 1,504,687 1,488,111
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (874,295) (962,241)
General partner (320,197) (321,085)
PARTNERS' CAPITAL (DEFICIT) (1,194,492) (1,283,326)
Liabilities and Stockholders' Equity 310,195 204,785
Series Twenty One [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 127,394 116,749
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 3,000 3,000
ASSETS 130,394 119,749
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 5,000 5,000
Accounts payable - affiliates 1,440,389 1,383,089
Capital contributions payable 0 0
LIABILITIES 1,445,389 1,388,089
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (1,139,894) (1,093,706)
General partner (175,101) (174,634)
PARTNERS' CAPITAL (DEFICIT) (1,314,995) (1,268,340)
Liabilities and Stockholders' Equity 130,394 119,749
Series Twenty Two [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 117,048 98,564
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 117,048 98,564
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 2,809,752 2,892,033
Capital contributions payable 9,352 9,352
LIABILITIES 2,819,104 2,901,385
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (2,455,952) (2,555,709)
General partner (246,104) (247,112)
PARTNERS' CAPITAL (DEFICIT) (2,702,056) (2,802,821)
Liabilities and Stockholders' Equity 117,048 98,564
Series Twenty Three [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 205,359 118,542
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 205,359 118,542
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 2,206,713 2,549,950
Capital contributions payable 0 0
LIABILITIES 2,206,713 2,549,950
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (1,696,494) (2,122,247)
General partner (304,860) (309,161)
PARTNERS' CAPITAL (DEFICIT) (2,001,354) (2,431,408)
Liabilities and Stockholders' Equity 205,359 118,542
Series Twenty Four [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 1,005,871 890,715
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 80,040 0
ASSETS 1,085,911 890,715
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 6,335 3,000
Accounts payable - affiliates 0 0
Capital contributions payable 0 0
LIABILITIES 6,335 3,000
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest 1,254,077 1,064,135
General partner (174,501) (176,420)
PARTNERS' CAPITAL (DEFICIT) 1,079,576 887,715
Liabilities and Stockholders' Equity 1,085,911 890,715
Series Twenty Five [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 3,811,919 2,550,061
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 1,250 1,250
ASSETS 3,813,169 2,551,311
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 0 0
Capital contributions payable 0 0
LIABILITIES 0 0
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest 4,032,481 2,783,242
General partner (219,312) (231,931)
PARTNERS' CAPITAL (DEFICIT) 3,813,169 2,551,311
Liabilities and Stockholders' Equity 3,813,169 2,551,311
Series Twenty Six [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 3,013,320 2,510,330
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 69,000 0
ASSETS 3,082,320 2,510,330
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 20,467 4,960
Accounts payable - affiliates 0 0
Capital contributions payable 0 1,293
LIABILITIES 20,467 6,253
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest 3,371,487 2,819,289
General partner (309,634) (315,212)
PARTNERS' CAPITAL (DEFICIT) 3,061,853 2,504,077
Liabilities and Stockholders' Equity 3,082,320 2,510,330
Series Twenty Seven [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 1,051,663 1,049,687
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 6,500
ASSETS 1,051,663 1,056,187
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 0 44,238
Capital contributions payable 0 10,020
LIABILITIES 0 54,258
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest 1,247,594 1,198,357
General partner (195,931) (196,428)
PARTNERS' CAPITAL (DEFICIT) 1,051,663 1,001,929
Liabilities and Stockholders' Equity 1,051,663 1,056,187
Series Twenty Eight [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 5,774,634 515,862
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 1,250 2,817
ASSETS 5,775,884 518,679
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 3,000 7,500
Accounts payable - affiliates 0 706,182
Capital contributions payable 0 40,968
LIABILITIES 3,000 754,650
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest 6,058,903 110,137
General partner (286,019) (346,108)
PARTNERS' CAPITAL (DEFICIT) 5,772,884 (235,971)
Liabilities and Stockholders' Equity 5,775,884 518,679
Series Twenty Nine [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 501,274 224,155
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 501,274 224,155
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 1,500 0
Accounts payable - affiliates 3,814,638 3,583,859
Capital contributions payable 8,235 8,235
LIABILITIES 3,824,373 3,592,094
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (2,951,221) (2,995,613)
General partner (371,878) (372,326)
PARTNERS' CAPITAL (DEFICIT) (3,323,099) (3,367,939)
Liabilities and Stockholders' Equity 501,274 224,155
Series Thirty [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 322,775 253,948
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 51,500 500
ASSETS 374,275 254,448
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 1,833,832 1,690,813
Capital contributions payable 105,139 127,396
LIABILITIES 1,938,971 1,818,209
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (1,321,993) (1,321,067)
General partner (242,703) (242,694)
PARTNERS' CAPITAL (DEFICIT) (1,564,696) (1,563,761)
Liabilities and Stockholders' Equity 374,275 254,448
Series Thirty One [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 3,106,480 852,580
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 25,000 25,000
ASSETS 3,131,480 877,580
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 2,257
Accounts payable - affiliates 2,902,513 3,212,781
Capital contributions payable 66,294 66,294
LIABILITIES 2,968,807 3,281,332
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest 540,305 (2,000,456)
General partner (377,632) (403,296)
PARTNERS' CAPITAL (DEFICIT) 162,673 (2,403,752)
Liabilities and Stockholders' Equity 3,131,480 877,580
Series Thirty Two [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 354,807 310,949
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 354,807 310,949
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 993 0
Accounts payable - affiliates 3,280,553 3,085,965
Capital contributions payable 1,229 3,486
LIABILITIES 3,282,775 3,089,451
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (2,492,325) (2,344,354)
General partner (435,643) (434,148)
PARTNERS' CAPITAL (DEFICIT) (2,927,968) (2,778,502)
Liabilities and Stockholders' Equity 354,807 310,949
Series Thirty Three [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 281,704 194,920
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 281,704 194,920
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 4,053 3,403
Accounts payable - affiliates 2,060,048 1,941,386
Capital contributions payable 69,154 69,154
LIABILITIES 2,133,255 2,013,943
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (1,607,256) (1,575,053)
General partner (244,295) (243,970)
PARTNERS' CAPITAL (DEFICIT) (1,851,551) (1,819,023)
Liabilities and Stockholders' Equity 281,704 194,920
Series Thirty Four [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 838,027 299,036
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 838,027 299,036
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 5,802 3,000
Accounts payable - affiliates 4,077,757 3,900,829
Capital contributions payable 0 0
LIABILITIES 4,083,559 3,903,829
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (2,912,687) (3,268,355)
General partner (332,845) (336,438)
PARTNERS' CAPITAL (DEFICIT) (3,245,532) (3,604,793)
Liabilities and Stockholders' Equity 838,027 299,036
Series Thirty Five [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 231,626 278,190
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 231,626 278,190
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 1,500 0
Accounts payable - affiliates 2,405,390 2,257,174
Capital contributions payable 0 0
LIABILITIES 2,406,890 2,257,174
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (1,871,486) (1,677,169)
General partner (303,778) (301,815)
PARTNERS' CAPITAL (DEFICIT) (2,175,264) (1,978,984)
Liabilities and Stockholders' Equity 231,626 278,190
Series Thirty Six [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 430,583 448,179
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 430,583 448,179
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 131,000 131,000
Accounts payable - affiliates 1,190,777 1,108,351
Capital contributions payable 0 0
LIABILITIES 1,321,777 1,239,351
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (703,619) (604,597)
General partner (187,575) (186,575)
PARTNERS' CAPITAL (DEFICIT) (891,194) (791,172)
Liabilities and Stockholders' Equity 430,583 448,179
Series Thirty Seven [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 345,467 305,167
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 345,467 305,167
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 1,024 0
Accounts payable - affiliates 2,344,087 2,147,147
Capital contributions payable 138,438 138,438
LIABILITIES 2,483,549 2,285,585
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (1,901,137) (1,745,050)
General partner (236,945) (235,368)
PARTNERS' CAPITAL (DEFICIT) (2,138,082) (1,980,418)
Liabilities and Stockholders' Equity 345,467 305,167
Series Thirty Eight [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 280,864 236,887
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 280,864 236,887
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 1,881,232 1,716,832
Capital contributions payable 0 0
LIABILITIES 1,881,232 1,716,832
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (1,366,080) (1,246,861)
General partner (234,288) (233,084)
PARTNERS' CAPITAL (DEFICIT) (1,600,368) (1,479,945)
Liabilities and Stockholders' Equity 280,864 236,887
Series Thirty Nine [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 166,118 144,094
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 166,118 144,094
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 1,681,984 1,547,899
Capital contributions payable 0 0
LIABILITIES 1,681,984 1,547,899
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (1,304,265) (1,193,325)
General partner (211,601) (210,480)
PARTNERS' CAPITAL (DEFICIT) (1,515,866) (1,403,805)
Liabilities and Stockholders' Equity 166,118 144,094
Series Forty [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 97,731 96,711
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 97,731 96,711
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 3,039,139 2,828,348
Capital contributions payable 102 102
LIABILITIES 3,039,241 2,828,450
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (2,687,151) (2,479,478)
General partner (254,359) (252,261)
PARTNERS' CAPITAL (DEFICIT) (2,941,510) (2,731,739)
Liabilities and Stockholders' Equity 97,731 96,711
Series Forty One [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 158,957 167,428
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 1,218 1,218
ASSETS 160,175 168,646
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 3,292,504 3,054,940
Capital contributions payable 100 100
LIABILITIES 3,292,604 3,055,040
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (2,851,936) (2,608,361)
General partner (280,493) (278,033)
PARTNERS' CAPITAL (DEFICIT) (3,132,429) (2,886,394)
Liabilities and Stockholders' Equity 160,175 168,646
Series Forty Two [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 420,023 266,762
Notes receivable 22,790 22,790
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 90,963 51,003
ASSETS 533,776 340,555
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 1,665 0
Accounts payable - affiliates 2,319,763 2,071,473
Capital contributions payable 73,433 73,433
LIABILITIES 2,394,861 2,144,906
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (1,601,536) (1,545,369)
General partner (259,549) (258,982)
PARTNERS' CAPITAL (DEFICIT) (1,861,085) (1,804,351)
Liabilities and Stockholders' Equity 533,776 340,555
Series Forty Three [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 178,330
OTHER ASSETS    
Cash and cash equivalents 354,147 303,384
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 200,376
Other assets 85,341 85,341
ASSETS 439,488 767,431
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 2,855,008 2,548,228
Capital contributions payable 99,265 99,265
LIABILITIES 2,954,273 2,647,493
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (2,168,116) (1,539,740)
General partner (346,669) (340,322)
PARTNERS' CAPITAL (DEFICIT) (2,514,785) (1,880,062)
Liabilities and Stockholders' Equity 439,488 767,431
Series Forty Four [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 0 0
OTHER ASSETS    
Cash and cash equivalents 9,744 38,362
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 9,744 38,362
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 1,973,504 1,642,751
Capital contributions payable 0 0
LIABILITIES 1,973,504 1,642,751
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (1,706,674) (1,350,897)
General partner (257,086) (253,492)
PARTNERS' CAPITAL (DEFICIT) (1,963,760) (1,604,389)
Liabilities and Stockholders' Equity 9,744 38,362
Series Forty Five [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 838,105 2,004,492
OTHER ASSETS    
Cash and cash equivalents 147,398 126,153
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 0 0
ASSETS 985,503 2,130,645
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 1,760,413 1,463,025
Capital contributions payable 16,724 16,724
LIABILITIES 1,777,137 1,479,749
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest (430,056) 998,049
General partner (361,578) (347,153)
PARTNERS' CAPITAL (DEFICIT) (791,634) 650,896
Liabilities and Stockholders' Equity 985,503 2,130,645
Series Forty Six [Member]    
ASSETS    
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS 960,613 3,145,879
OTHER ASSETS    
Cash and cash equivalents 255,224 194,854
Notes receivable 0 0
Deferred acquisition costs, net of accumulated amortization 0 0
Other assets 3,788 3,788
ASSETS 1,219,625 3,344,521
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)    
Accounts payable and accrued expenses 0 0
Accounts payable - affiliates 1,426,359 1,176,831
Capital contributions payable 0 0
LIABILITIES 1,426,359 1,176,831
PARTNERS' CAPITAL (DEFICIT)    
Units of limited partnership interest 0 0
Units of beneficial interest of the limited partnership interest 58,076 2,408,756
General partner (264,810) (241,066)
PARTNERS' CAPITAL (DEFICIT) (206,734) 2,167,690
Liabilities and Stockholders' Equity $ 1,219,625 $ 3,344,521