Note 2 - Investments in and Advances To Local Partnerships: Reconciliation of accumulated depreciation of Local Partnerships (Tables)

12 Months Ended

Dec. 31, 2012

Tables/Schedules

Reconciliation of accumulated depreciation of Local Partnerships

(3) Reconciliation of accumulated depreciation (all amounts unaudited except for those amounts relative to the Material Investee) (in thousands):
	Year Ended December 31, 2012			Year Ended December 31, 2011
	Unaudited	Material Investee	Total	Unaudited	Material Investee	Total
Accumulated depreciation:
Balance at beginning of year	$ 8,195	$ 3,555	$11,750	$ 7,821	$ 3,118	$10,939
Depreciation expense	383	412	795	374	437	811
Balance at end of year	$ 8,578	$ 3,967	$12,545	$ 8,195	$ 3,555	$11,750