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Note 3 - Mortgage Note Receivable: Summary of mortgage note receivable activity (Tables)
12 Months Ended
Dec. 31, 2014
Tables/Schedules  
Summary of mortgage note receivable activity

 

The following is a summary of the mortgage note receivable activity for the years ended December 31, 2014 and 2013 (in thousands):

 

2014

 

2013

Mortgage note receivable balance, beginning of year

$ 3,478   

 

$ 3,533   

Equity in losses of Local Partnership

0   

 

(55)  

Mortgage note receivable balance, end of year

$ 3,478   

 

$ 3,478