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Note 3 - Investments in and Advances To Local Limited Partnerships: Reconciliation of accumulated depreciation (Tables)
12 Months Ended
Dec. 31, 2012
Tables/Schedules  
Reconciliation of accumulated depreciation

 

 

 

(2)   Reconciliation of accumulated depreciation (unaudited)

 

 

 

Years Ended December 31,

 

2012

2011

 

(in thousands-unaudited)

Accumulated Depreciation

 

 

 

 

 

Balance at beginning of year

  $ 27,369

  $ 26,321

Depreciation expense for the year

       485

     1,048

Disposal of property

   (17,013)

        --

Balance at end of year

  $ 10,841

  $ 27,369