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Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Revenues:    
Other income $ 3 $ 0
Operating Expenses:    
Management fees - general partner 185 245
General and administrative 61 94
Tax expense 101 82
Legal and accounting 74 95
Total operating expenses 421 516
Loss from partnership operations (418) (516)
Gain from sales of limited partnership interests in Local Partnerships 1,031 223
Distributions from Local Partnerships recognized as income 10 1,491
Recovery of advances made to Local Partnerships previously recognized as expense 0 19
Impairment loss (50) 0
Equity in loss of Local Partnerships and amortization of acquisition costs (37) (244)
Net income 536 973
Net income allocated to general partner (1%) 5 10
Net income allocated to limited partners (99%) $ 531 $ 963
Net income per limited partnership interest $ 7.35 $ 13.32
Distribution per limited partnership interest $ 0.00 $ 24.14