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

12 Months Ended

Dec. 31, 2014

Tables/Schedules

Schedule of Reconciliation of accumulated depreciation

(3) Reconciliation of accumulated depreciation (all amounts unaudited except for those amounts relative to the Material Investee) (in thousands):

	December 31, 2014
	Unaudited	Material Investee	Total
Accumulated depreciation:
Balance at beginning of year	$ 2,355	$ 4,393	$ 6,748
Depreciation expense	107	428	535
Balance at end of year	$ 2,462	$ 4,821	$ 7,283

	December 31, 2013
	Unaudited	Material Investee	Total
Accumulated depreciation:
Balance at beginning of year	$ 2,241	$ 3,967	$ 6,208
Depreciation expense	114	426	540
Balance at end of year	$ 2,355	$ 4,393	$ 6,748