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

12 Months Ended

Dec. 31, 2012

Income Tax Disclosure [Abstract]

Reconciliation to financial statement net income to taxable income

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

	For the years ended December 31,
	2012			2011
Financial statement net income (loss)	$	3,161,744		$	(448,182	)
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	(470,218		)	431,051
Differences between financial statement
gain and taxable gain from the sale or
transfer of properties	16,080,455			—
Impairment loss	605,612			—
Costs amortized over a shorter period
for income tax purposes	1,696			4,188
Taxable income (loss)	$	19,379,289		$	(12,943	)