5. Investment in Local Partnerships: Combined Balance Sheets of the Local Partnerships (Details) - Combined Balance Sheets - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Cash and cash equivalents	$ 469,966	$ 834,672
Rents receivable	56,452	161,197
Escrow deposits and reserves	991,099	2,516,017
Land	693,933	1,540,423
Buildings and improvements, net	6,284,166	16,975,809
Intangible assets, net	11,305	13,007
Other assets	187,830	617,452
Total assets	8,694,751	22,658,577
Accounts payable and accrued expenses	199,015	339,171
Due to related parties	1,004,918	3,328,459
Mortgage loans	12,632,226	31,588,586
Accrued interest	1,128,395	1,088,936
Other liabilities	145,862	370,983
Total liabilities	15,110,416	36,716,135
American Tax Credit Properties III L.P. Capital contributions, net of distributions	4,852,168	9,251,695
American Tax Credit Properties III L.P. Cumulative loss	(4,260,176)	(8,585,297)
Total American Tax Credit Properties III L.P.	591,992	666,398
General Partners and other limited partners Capital contributions, net of distributions	(55,549)	(1,534,297)
General Partners and other limited partners Cumulative loss	(6,952,108)	(13,189,659)
Total General partners and other limited partners	(7,007,657)	(14,723,956)
Total equity (deficit)	(6,415,665)	(14,057,558)
Total liabilities & equity (deficit)	$ 8,694,751	$ 22,658,577