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RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO INCOME TAX RETURN (Tables)
 12 Months Ended
Mar. 31, 2019
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Abstract]  
Schedule Of Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Table Text Block]
For income tax purposes, the fund reports using a December 31 year-end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2019 is reconciled as follows:
 
 
 
Total
 
 
Series 15
 
 
Series 16
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) for financial reporting purposes
 
$
712,045
 
 
$
965
 
 
$
(52,824
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating limited partnership rents received in advance
 
 
7,645
 
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accrued fund management fees not deducted (deducted) for tax purposes
 
 
(1,170,262
)
 
 
(245,039
)
 
 
(75,598
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Other
 
 
2,359,263
 
 
 
-
 
 
 
707,013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
 
 
(810,437
)
 
 
-
 
 
 
(166,527
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Excess of tax depreciation over book depreciation on operating limited partnership assets
 
 
(180,690
)
 
 
-
 
 
 
(88,430
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Difference due to fiscal year for book purposes and calendar year for tax purposes
 
 
3,390,569
 
 
 
3,051,644
 
 
 
15,366
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) for tax return purposes, year ended December 31, 2018
 
$
4,308,133
 
 
$
2,807,570
 
 
$
339,000
 
 
For income tax purposes, the fund reports using a December 31 year-end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2019 is reconciled as follows:
 
 
 
Series 17
 
 
Series 18
 
 
Series 19
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) for financial reporting purposes
 
$
76,643
 
 
$
754,694
 
 
$
(67,433
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating limited partnership rents received in advance
 
 
7,645
 
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accrued fund management fees not deducted (deducted) for tax purposes
 
 
-
 
 
 
(849,625
)
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other
 
 
676,279
 
 
 
975,971
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
 
 
(238,912
)
 
 
(404,998
)
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Excess of tax depreciation over book depreciation on operating limited partnership assets
 
 
(5,807
)
 
 
(86,453
)
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Difference due to fiscal year for book purposes and calendar year for tax purposes
 
 
1,262
 
 
 
(1,125,076
)
 
 
1,447,373
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) for tax return purposes, year ended December 31, 2018
 
$
517,110
 
 
$
(735,487
)
 
$
1,379,940
 
 
For income tax purposes, the fund reports using a December 31 year-end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2018 is reconciled as follows:
 
 
 
Total
 
 
Series 15
 
 
Series 16
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) for financial reporting purposes
 
$
757,782
 
 
$
190,537
 
 
$
125,865
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating limited partnership rents received in advance
 
 
7,685
 
 
 
-
 
 
 
331
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accrued fund management fees not deducted (deducted) for tax purposes
 
 
(559,355
)
 
 
(4,858
)
 
 
(135,370
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Other
 
 
8,148,135
 
 
 
2,718,383
 
 
 
2,672,005
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
 
 
(1,090,861
)
 
 
(183,370
)
 
 
(249,603
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Excess of tax depreciation over book depreciation on operating limited partnership assets
 
 
(282,604
)
 
 
(834
)
 
 
(108,272
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Difference due to fiscal year for book purposes and calendar year for tax purposes
 
 
(833,095
)
 
 
(227,703
)
 
 
(413,562
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) for tax return purposes, year ended December 31, 2017
 
$
6,147,687
 
 
$
2,492,155
 
 
$
1,891,394
 
For income tax purposes, the fund reports using a December 31 year-end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2018 is reconciled as follows:
 
 
 
Series 17
 
 
Series 18
 
 
Series 19
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) for financial reporting purposes
 
$
(9,461
)
 
$
452,236
 
 
$
(1,395
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating limited partnership rents received in advance
 
 
4,899
 
 
 
2,049
 
 
 
406
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accrued fund management fees not deducted (deducted) for tax purposes
 
 
-
 
 
 
(419,127
)
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other
 
 
491,121
 
 
 
938,976
 
 
 
1,327,650
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
 
 
(113,659
)
 
 
(495,051
)
 
 
(49,178
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Excess of tax depreciation over book depreciation on operating limited partnership assets
 
 
(4,699
)
 
 
(79,199
)
 
 
(89,600
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Difference due to fiscal year for book purposes and calendar year for tax purposes
 
 
(42,431
)
 
 
(59,746
)
 
 
(89,653
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) for tax return purposes, year ended December 31, 2017
 
$
325,770
 
 
$
340,138
 
 
$
1,098,230
 
Schedule Of Investments In Operating Limited Partnerships For Tax Purposes And Financial Statement Purposes Disclosure [Table Text Block]
The differences between the investments in operating limited partnerships for tax purposes and financial statements purposes at March 31, 2019, are as follows:
 
 
 
Total
 
 
Series 15
 
 
Series 16
 
 
 
 
 
 
 
 
 
 
 
Investments in operating limited partnerships - tax return December 31, 2018
 
$
(14,524,838
)
 
$
-
 
 
$
(6,249,737
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Estimated share of loss for the three months ended March 31, 2019
 
 
(236,196
)
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Add back operating limited partnership losses not recognized for financial reporting purposes under the equity method
 
 
12,606,064
 
 
 
-
 
 
 
4,883,010
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impairment loss in investment in operating limited partnerships
 
 
(1,279,314
)
 
 
-
 
 
 
(333,505
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Historic tax credits
 
 
-
 
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other
 
 
3,434,284
 
 
 
-
 
 
 
1,700,232
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investments in operating limited partnerships - as reported
 
$
-
 
 
$
-
 
 
$
-
 
 
The differences between the investments in operating limited partnerships for tax purposes and financial statements purposes at March 31, 2019, are as follows:
 
 
 
Series 17
 
 
Series 18
 
 
Series 19
 
 
 
 
 
 
 
 
 
 
 
Investments in operating limited partnerships - tax return December 31, 2018
 
$
(1,699,993
)
 
$
(6,575,108
)
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Estimated share of loss for the three months ended March 31, 2019
 
 
(64,862
)
 
 
(171,334
)
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Add back operating limited partnership losses not recognized for financial reporting purposes under the equity method
 
 
1,778,668
 
 
 
5,944,386
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impairment loss in investment in operating limited partnerships
 
 
(322,505
)
 
 
(623,304
)
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Historic tax credits
 
 
-
 
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other
 
 
308,692
 
 
 
1,425,360
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investments in operating limited partnerships - as reported
 
$
-
 
 
$
-
 
 
$
-
 
 
The differences between the investments in operating limited partnerships for tax purposes and financial statements purposes at March 31, 2018, are as follows:
 
 
 
Total
 
 
Series 15
 
 
Series 16
 
 
 
 
 
 
 
 
 
 
 
Investments in operating limited partnerships - tax return December 31, 2017
 
$
(19,825,637
)
 
$
(3,229,489
)
 
$
(6,626,315
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Estimated share of loss for the three months ended March 31, 2018
 
 
(357,921
)
 
 
(18,909
)
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Add back operating limited partnership losses not recognized for financial reporting purposes under the equity method
 
 
19,817,505
 
 
 
3,285,519
 
 
 
4,909,316
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impairment loss in investment in operating limited partnerships
 
 
(1,881,446
)
 
 
(34,041
)
 
 
(333,505
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Historic tax credits
 
 
-
 
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other
 
 
2,247,499
 
 
 
(3,080
)
 
 
2,050,504
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investments in operating limited partnerships - as reported
 
$
-
 
 
$
-
 
 
$
-
 
 
The differences between the investments in operating limited partnerships for tax purposes and financial statements purposes at March 31, 2018, are as follows:
 
 
 
Series 17
 
 
Series 18
 
 
Series 19
 
 
 
 
 
 
 
 
 
 
 
Investments in operating limited partnerships - tax return December 31, 2017
 
$
(2,141,413
)
 
$
(6,259,636
)
 
$
(1,568,784
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Estimated share of loss for the three months ended March 31, 2018
 
 
(99,965
)
 
 
(232,601
)
 
 
(6,446
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Add back operating limited partnership losses not recognized for financial reporting purposes under the equity method
 
 
2,872,436
 
 
 
6,077,395
 
 
 
2,672,839
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impairment loss in investment in operating limited partnerships
 
 
(322,505
)
 
 
(963,351
)
 
 
(228,044
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Historic tax credits
 
 
-
 
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other
 
 
(308,553
)
 
 
1,378,193
 
 
 
(869,565
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Investments in operating limited partnerships - as reported
 
$
-
 
 
$
-
 
 
$
-