XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Expenses        
General and administrative $ 61,433 $ 35,607 $ 91,704 $ 105,857
General and administrative-related parties (Note 2) 20,471 41,718 44,374 64,788
Total expenses 81,904 77,325 136,078 170,645
Loss from operations (81,904) (77,325) (136,078) (170,645)
(Loss) income from discontinued operations (240) (103,660) 15,179,689 (230,082)
Net (loss) income (82,144) (180,985) 15,043,611 (400,727)
Less: net loss (income) attributable to noncontrolling interests from discontinued operations   1,048 (571,741) 2,324
Net (loss) income attributable to Independence Tax Credit Plus L.P. II (82,144) (179,937) 14,471,870 (398,403)
Loss from operations – limited partners (81,085) (76,552) (134,717) (168,939)
(Loss) income from discontinued operations – limited partners (238) (101,586) 14,461,869 (225,480)
Net (loss) income - limited partners $ (81,323) $ (178,138) $ 14,327,152 $ (394,419)
Number Of BACs outstanding 58,928 58,928 58,928 58,928
Loss from operations per weighted average BAC $ (1.38) $ (3.02) $ (2.29) $ (2.87)
Income (loss) from discontinued operations per weighted average BAC 0.00 (1.72) 245.42 (3.82)
Net income (loss) per weighted average BAC $ (1.38) $ (4.74) $ 243.13 $ (6.69)