XML 18 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
Dec. 31, 2013
Mar. 31, 2013
Operating Assets [Abstract]    
Property and equipment at cost, net of accumulated depreciation of $23,717,349 and $24,907,752, respectively $ 3,743,526 $ 5,268,589
Cash and cash equivalents 1,054,238 1,117,442
Cash held in escrow 1,139,748 1,299,719
Deferred costs, net of accumulated amortization of $598,799 and $579,257, respectively 293,491 318,660
Due from Local General Partners and affiliates 665,345 662,083
Other assets 426,483 249,829
Total assets 7,322,831 8,916,322
Operating Liabilities [Abstract]    
Mortgage notes payable 16,522,071 18,102,636
Accounts payable 364,776 309,287
Accrued interest payable 4,567,380 4,350,317
Security deposit payable 220,380 261,472
Interest rate swap 44,000 69,000
Due To Local General Partners And Affiliates 1,834,601 1,852,020
Due To General Partners And Affiliates 3,007,230 2,851,598
Total liabilities 26,560,438 27,796,330
Commitments and contingencies (Note 7)      
Partners capital (deficit) [Abstract]    
Limited partners (43,440 BACs issued and outstanding) (18,420,361) (19,102,162)
General partners (576,164) (583,051)
Independence Tax Credit Plus L.P. IV total (18,996,525) (19,685,213)
Noncontrolling interests (241,082) 805,205
Total partners capital (deficit) (19,237,607) (18,880,008)
Total liabilities and partners capital (deficit) $ 7,322,831 $ 8,916,322