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Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Mar. 31, 2017
Operating assets    
Cash and cash equivalents $ 1,432,689 $ 1,513,762
Other assets   11,773
Total operating assets 1,432,689 1,525,535
Assets from discontinued operations (Note 5)    
Other assets held for sale   433,398
Total assets from discontinued operations   433,398
Total assets 1,432,689 1,958,933
Operating liabilities    
Accounts payable 12,223 40,044
Due to general partner and affiliates 1,923,277 1,878,558
Total operating liabilities 1,935,500 1,918,602
Liabilities from discontinued operations (Note 5)    
Mortgage notes payable   6,641,508
Other liabilities held for sale   8,945,245
Total liabilities from discontinued operations   15,586,753
Total liabilities 1,935,500 17,505,355
Commitments and contingencies (Note 6)
Partners’ (deficit) equity    
Limited partners (58,928 BACs issued and outstanding) (4,226,076) (18,553,228)
General partner 3,723,265 3,578,547
Independence Tax Credit Plus L.P. II total (502,811) (14,974,681)
Noncontrolling interests   (571,741)
Total partners' deficit (502,811) (15,546,422)
Total liabilities and partners’ deficit $ 1,432,689 $ 1,958,933