Note 2 - Investments in and Advances To Local Partnerships: Schedule of Statement of Operations of Investment Partnerships (in thousands) (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Statement of Operations of Investment Partnerships (in thousands):

Schedule of Statement of Operations of Investment Partnerships (in thousands)

	Three Months Ended June 30, 2012	Three Months Ended June 30, 2011	Six Months Ended June 30, 2012	Six Months Ended June 30, 2011
Revenues:
Rental and other income	$   922	$   868	$ 1,833	$ 1,766
Expenses
Operating expenses	779	675	1,447	1,402
Interest	231	230	462	460
Depreciation and amortization	209	212	418	424
Total expenses	1,219	1,117	2,327	2,286
Loss from continuing operations	$  (297)	$  (249)	$  (494)	$  (520)