2.4.0.8000090 - Disclosure - 2. Investment in Local Partnershipstruefalsefalse1false falsefalseD130331_130629http://www.sec.gov/CIK0000897315duration2013-03-31T00:00:002013-06-29T00:00:001true 1us-gaap_DisclosureTextBlockAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Notes2false 2us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002.      Investment in Local Partnerships   The Trust initially acquired limited partner equity interests (the Local Partnership Interests) in ten Local Partnerships representing capital contributions in the aggregate amount of $14,837,956, which includes voluntary advances (the Advances) made to certain Local Partnerships and all of which has been paid. As of June 29, 2013, the Trust holds a Local Partnership Interest in nine Local Partnerships (see discussion below regarding Edgewood Manor Associates, L.P.s (Edgewood) sale of its underlying Property). The Trust has no legal obligation to fund any operating deficits of the Local Partnerships.   For the three months ended June 29, 2013, the investment in local partnerships activity consists of the following:   <table border="0" cellspacing="0" cellpadding="0" style='margin-left:.75in;border-collapse:collapse'> <tr align="left"> <td width="367" valign="top" style='width:275.4pt;padding:0'> Investment in local partnerships as of March 30, 2013 </td> <td width="24" valign="top" style='width:.25in;padding:0'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0'> $ 2,435,800 </td> <td width="18" valign="top" style='width:13.7pt;padding:0'>   </td> </tr> <tr align="left"> <td width="367" valign="top" style='width:275.4pt;padding:0'>   </td> <td width="24" valign="top" style='width:.25in;padding:0'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0'>   </td> <td width="18" valign="top" style='width:13.7pt;padding:0'>   </td> </tr> <tr align="left"> <td width="367" valign="top" style='width:275.4pt;padding:0'> Equity in income of investment in local partnerships </td> <td width="24" valign="top" style='width:.25in;padding:0'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0'> 91,305 </td> <td width="18" valign="top" style='width:13.7pt;padding:0'> * </td> </tr> <tr align="left"> <td width="367" valign="top" style='width:275.4pt;padding:0'>   </td> <td width="24" valign="top" style='width:.25in;padding:0'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0'>   </td> <td width="18" valign="top" style='width:13.7pt;padding:0'>   </td> </tr> <tr align="left"> <td width="367" valign="top" style='width:275.4pt;padding:0'> Distributions from Local Partnerships </td> <td width="24" valign="top" style='width:.25in;padding:0'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0'> (60,241) </td> <td width="18" valign="top" style='width:13.7pt;padding:0'>   </td> </tr> <tr align="left"> <td width="367" valign="top" style='width:275.4pt;padding:0'>   </td> <td width="24" valign="top" style='width:.25in;padding:0'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0'>   </td> <td width="18" valign="top" style='width:13.7pt;padding:0'>   </td> </tr> <tr align="left"> <td width="367" valign="top" style='width:275.4pt;padding:0'> Distributions classified as other income </td> <td width="24" valign="top" style='width:.25in;padding:0'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0'>           3,000 </td> <td width="18" valign="top" style='width:13.7pt;padding:0'>   </td> </tr> <tr align="left"> <td width="367" valign="top" style='width:275.4pt;padding:0'>   </td> <td width="24" valign="top" style='width:.25in;padding:0'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0'>   </td> <td width="18" valign="top" style='width:13.7pt;padding:0'>   </td> </tr> <tr align="left"> <td width="367" valign="top" style='width:275.4pt;padding:0'> Investment in local partnerships as of June 29, 2013 </td> <td width="24" valign="top" style='width:.25in;padding:0'>   </td> <td width="102" valign="bottom" style='width:76.5pt;padding:0'> <div style='border:none;border-bottom:double windowtext 1.5pt;padding:0;margin-left:17.1pt;margin-right:.05in'> $ 2,469,864 </div> </td> <td width="18" valign="top" style='width:13.7pt;padding:0'>   </td> </tr> <tr align="left"> <td width="367" valign="top" style='width:275.4pt;padding:0'>   </td> <td width="24" valign="top" style='width:.25in;padding:0'>   </td> <td width="102" valign="top" style='width:76.5pt;padding:0'>   </td> <td width="18" valign="top" style='width:13.7pt;padding:0'>   </td> </tr> </table> *In the event the operations of a Local Partnership result in a loss, equity in loss of each investment in Local Partnership allocated to the Trust is recognized to the extent of the Trusts investment balance in each Local Partnership. Equity in loss in excess of the Trusts investment balance in a Local Partnership is allocated to other partners capital in any such Local Partnership.   During the year ended March 30, 2013, Edgewood sold its underlying Property to an unaffiliated third party. The Local General Partners of Edgewood intend to dissolve Edgewood as soon as possible. After accounting for its share of cumulative income, losses and distributions, the Trusts investment in Edgewood reached a zero balance prior to the sale.   The Trusts investment in St. John Housing Associates, L.P. (St. John Housing) represents more than 20% of the Trusts total assets as of June 29, 2013 and the equity in income from the Trusts investment in St. John Housing represents more than 20% of the Trusts net income for the three months then ended. The following financial information represents certain unaudited balance sheet and operating statement data of St. John Housing as of and for the three months ended March 31, 2013:   <table border="0" cellspacing="0" cellpadding="0" style='margin-left:25.8pt;border-collapse:collapse'> <tr align="left"> <td width="330" valign="top" style='width:247.5pt;padding:0in 5.4pt 0in 5.4pt'> Total assets </td> <td width="74" valign="top" style='width:55.2pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="134" valign="bottom" style='width:100.2pt;padding:0in 5.4pt 0in 5.4pt'> $ 5,560,383 </td> </tr> <tr align="left"> <td width="330" valign="top" style='width:247.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="74" valign="top" style='width:55.2pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="134" valign="bottom" style='width:100.2pt;padding:0in 5.4pt 0in 5.4pt'>   </td> </tr> <tr align="left"> <td width="330" valign="top" style='width:247.5pt;padding:0in 5.4pt 0in 5.4pt'> Total liabilities </td> <td width="74" valign="top" style='width:55.2pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="134" valign="bottom" style='width:100.2pt;padding:0in 5.4pt 0in 5.4pt'> $ 3,042,595 </td> </tr> <tr align="left"> <td width="330" valign="top" style='width:247.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="74" valign="top" style='width:55.2pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="134" valign="bottom" style='width:100.2pt;padding:0in 5.4pt 0in 5.4pt'>   </td> </tr> <tr align="left"> <td width="330" valign="top" style='width:247.5pt;padding:0in 5.4pt 0in 5.4pt'> Revenue </td> <td width="74" valign="top" style='width:55.2pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="134" valign="bottom" style='width:100.2pt;padding:0in 5.4pt 0in 5.4pt'> $   357,425 </td> </tr> <tr align="left"> <td width="330" valign="top" style='width:247.5pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="74" valign="top" style='width:55.2pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="134" valign="bottom" style='width:100.2pt;padding:0in 5.4pt 0in 5.4pt'>   </td> </tr> <tr align="left"> <td width="330" valign="top" style='width:247.5pt;padding:0in 5.4pt 0in 5.4pt'> Net income </td> <td width="74" valign="top" style='width:55.2pt;padding:0in 5.4pt 0in 5.4pt'>   </td> <td width="134" valign="bottom" style='width:100.2pt;padding:0in 5.4pt 0in 5.4pt'> $     92,227 </td> </tr> </table>  falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates. It reflects specified information about ownership, financial results from, and financial position in such entities.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14) -URI http://asc.fasb.org/extlink&oid=6955306&loc=d3e611322-123010 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 14 -Article 12 false02. Investment in Local Partnershipsfalse2. Investment in Local PartnershipsUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://atctixbrl.com/20130629/role/idr_Disclosure2InvestmentInLocalPartnerships12