Investments in Local Limited Partnerships (Tables)

3 Months Ended

Jun. 30, 2012

Equity Method Investments and Joint Ventures [Abstract]

Schedule Of Local Limited Partnership Investments [Text Block]

The following is a summary of investments in Local Limited Partnerships at June 30, 2012 and March 31, 2012:

	June 30			March 31
Capital contributions paid to Local Limited Partnerships and
purchase price paid to withdrawing partners of Local Limited Partnerships	$	4,539,851		$	4,660,327
Cumulative equity in losses of Local Limited Partnerships (excluding
cumulative unrecognized losses of $1,544,088 and $1,546,000 at
June 30, 2012 and March 31, 2012, respectively)		(1,000,574	)		(1,145,942	)
Cumulative cash distributions received from Local Limited Partnerships		(2,219,675	)		(2,223,150	)
Investments in Local Limited Partnerships before adjustments		1,319,602			1,291,235
Excess investment costs over the underlying assets acquired:
Acquisition fees and expenses		132,765			136,290
Cumulative amortization of acquisition fees and expenses		(60,328	)		(61,005	)
Investments in Local Limited Partnerships before impairment		1,392,039			1,366,520
Cumulative impairment on investments in Local Limited Partnerships		(378,000	)		(378,000	)
Investments in Local Limited Partnerships	$	1,014,039		$	988,520