Note 2 - Investments in and Advances To Local Partnerships: Estimated condensed combined statements of operations for Local Partnerships (Tables)

12 Months Ended

Dec. 31, 2013

Tables/Schedules

Estimated condensed combined statements of operations for Local Partnerships

Condensed Combined Results of Operations of the Local Partnerships
(in thousands)
	For the year Ended December 31, 2013			For the year Ended December 31, 2012
	Unaudited	Material Investee	Total	Unaudited	Material Investee	Total
Rental and other revenue	$    430	$   2,433	$ 2,863	$   459	$ 2,288	$ 2,747
Expenses:
Operating expenses	383	588	971	440	1,837	2,277
Interest and entity
expenses	24	430	454	--	(15)	(15)
Depreciation and     amortization	115	1,659	1,774	109	417	526
Total expenses	522	2,677	3,199	549	2,239	2,788
Income (loss) from continuing operations	$    (92)	$   (244)	$  (336)	$   (90)	$    49	$   (41)