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Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Interest income $ 0 $ 0 $ 12 $ 0
Other income 19 0 19 0
Total revenues 19 0 31 0
Operating Expenses:        
Management fees - general partner 27 46 80 139
General and administrative 9 15 35 45
Tax expense 3 22 10 79
Legal and accounting 17 12 60 49
Total operating expenses 56 95 185 312
Loss from partnership operations (37) (95) (154) (312)
Gain from sales of limited partnership interests in Local Partnerships 0 0 3,652 1,031
Distributions from Local Partnerships recognized as income 0 0 0 10
Equity in income (loss) of Local Partnerships and amortization of acquisition costs 68 29 (30) (37)
Net income (loss) 31 (66) 3,468 692
Net income (loss) allocated to general partner (1%) 0 (1) 35 7
Net income (loss) allocated to limited partners (99%) $ 31 $ (65) $ 3,433 $ 685
Net income (loss) per limited partnership interest $ 0.43 $ (0.90) $ 47.55 $ 9.48