Reconciliation of the Partnerships's Financial Statement Net Income to Taxable Income (Tables)

12 Months Ended

Dec. 31, 2012

Income Tax Disclosure [Abstract]

Reconciliation of financial statement net income (loss) to taxable income

A reconciliation of the Partnership's financial statement net income to taxable income follows.

	For the years ended December 31,
	2012		2011
Financial statement net income	$	1,767,053	$	852,463
Adjustments:
Differences between financial statement
net income and taxable income related
to the Partnership's equity in the Local
Partnerships' income or losses and accrued
expenses	160,810		(149,380		)
Difference between financial statement
gain (loss) and tax gain (loss) from
foreclosure of a Local Partnership	—		2,956,645
Difference between financial statement gain and tax gain
from sale of interest in Local Partnership	3,941,057		—
Costs amortized over a shorter period for
income tax purposes	4,884		(10,106		)
Taxable income	$	5,873,804	$	3,649,622