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5. Investment in Local Partnerships: Combined Statements of Operations of the Local Partnerships (Details) - Combined Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Rental $ 3,285,530 $ 8,293,056
Interest and other 79,115 196,976
TOTAL REVENUE 3,364,645 8,490,032
Administrative 578,136 1,169,368
Payroll 486,280 983,479
Utilities 370,158 1,079,522
Operating and maintenance 627,612 1,699,524
Taxes and insurance 464,288 896,950
Financial 716,936 1,273,593
Depreciation and amortization 895,273 2,424,298
TOTAL EXPENSES 4,138,683 9,526,734
LOSS BEFORE GAIN ON SALE OF PROPERTY (774,038) (1,036,702)
GAIN ON SALE OF PROPERTY 1,925,353 2,042,871
NET INCOME 1,151,315 1,006,169
Net Income Attributable To General partners and other limited partners (includes $563,127 and $1,006,176 of Partnership losses in excess of investment and specially allocated income of $1,730,073 and $1,017,912) $ 1,151,315 $ 1,006,169