Note 3 - Investments in and Advances To Local Limited Partnerships: CONDENSED COMBINED BALANCE SHEETS OF THE LOCAL LIMITED PARTNERSHIPS (Tables)

12 Months Ended

Dec. 31, 2012

Tables/Schedules

CONDENSED COMBINED BALANCE SHEETS OF THE LOCAL LIMITED PARTNERSHIPS

CONDENSED COMBINED BALANCE SHEETS OF THE LOCAL LIMITED PARTNERSHIPS
	December 31,
	2012	2011
	(in thousands-unaudited)
Assets:
Land	$   303	$   303
Buildings and improvements	15,160	14,893
Accumulated depreciation	(10,841)	(10,356)
Other assets	3,305	3,264
Total assets	$ 7,927	$ 8,104
Liabilities and Partners' Equity:
Mortgage notes payable	$ 4,093	$ 4,437
Other liabilities	1,204	1,142
Total liabilities	5,297	5,579
Partners' equity	2,630	2,525
Total liabilities and partners' equity	$ 7,927	$ 8,104