XML 53 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investments in and Advances to Partnerships - Due on Investments and Sale of Local Limited Partnership (Details) (USD $)
6 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended 1 Months Ended 3 Months Ended 0 Months Ended 6 Months Ended 0 Months Ended
Jun. 30, 2013
Dec. 31, 2012
Jun. 30, 2013
Local Partnerships [Member]
Sep. 27, 2012
Villa Mirage [Member]
Nov. 15, 2011
Villa Mirage [Member]
Sep. 30, 2012
Villa Mirage [Member]
Dec. 31, 2012
Monterey/Hillcrest [Member]
Jan. 31, 2012
Monterey/Hillcrest [Member]
Feb. 29, 2012
Monterey/Hillcrest [Member]
Mar. 31, 2012
Monterey/Hillcrest [Member]
Jun. 18, 2012
Meadow Lanes [Member]
Jun. 30, 2013
Meadow Lanes [Member]
Dec. 31, 2012
Meadow Lanes [Member]
Sep. 27, 2012
Managing General Partner [Member]
Villa Mirage [Member]
Jan. 31, 2012
Managing General Partner [Member]
Monterey/Hillcrest [Member]
Schedule of Equity Method Investments [Line Items]                              
Due on investments in partnerships $ 119,544 $ 119,544                   $ 119,544 $ 119,544    
Interest Payable                       33,976 33,976    
Aggregate sales price of properties         6,500,000     18,920,000     2,900,000        
Expected proceeds as a result of sale               3,694,108       2,592,509      
Proceeds received as a result of sale       1,903,349         3,611,288            
Investment balance                       2,633,718 2,582,473    
Investment balance at time of sale       195,662     0                
Net unamortized acquisition costs and property purchase costs               3,656              
Fees paid to related party in connection with transaction                           325,000 946,000
Gain recorded as a result of sale           1,382,687       2,774,452          
Impairment loss as a result of sale     $ 41,209                 $ 41,209