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Note 2 - Investments in and Advances To Local Limited Partnerships: Reconciliation of 'Real Estate and Accumulated Depreciation' (Tables)
12 Months Ended
Dec. 31, 2012
Tables/Schedules  
Reconciliation of 'Real Estate and Accumulated Depreciation'

 

 

 

Years Ended December 31,

Real Estate

2012

2011

 

(in thousands- unaudited)

Balance at beginning of year

$ 6,812

$ 8,569

Property improvements

     23

    385

Disposals of property

  (2,262)

  (2,142)

Balance at end of year

$ 4,573

$ 6,812

 

 

 

Accumulated Depreciation

 

 

Balance at beginning of year

$ 4,204

$ 5,790

Depreciation expense

    177

    237

Disposals of property

  (1,349)

  (1,823)

Balance at end of year

$ 3,032

$ 4,204