Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net Income	$ 10,254,818	$ 11,025,769
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities
Depreciation and amortization	137,621	86,880
Gain on sale of property	(10,752,464)	(11,057,228)
Change in fair value of rate swap		(18,300)
Changes in assets and liabilities:
Increase in cash held in escrow	(50,836)	(77,703)
Decrease in due from local general partners and affiliates	1,278	2,999
Increase in other assets	42,183	(19,415)
Increase in accounts payable	19,659	(43,416)
Increase in accrued interest payable	(42,146)	54,265
Increase in security deposit payable	12,442	9,089
Decrease in due to local general partners and affiliates		(180)
(Decrease) increase in due to general partner and affiliates	(2,137,039)	(584,172)
Total adjustments	(12,769,302)	(11,647,181)
Net cash (used in) provided by operating activities	(2,514,484)	(621,412)
Cash flows from investing activities
Increase in cash held in escrow	(9,852)	(48,208)
Acquisition of property and equipment	(67,915)	(37,427)
Proceeds from sale of property	10,100,000	951,747
Costs paid related to sale of property	(3,189,916)
Net repayments to local general partners and affiliates	109,487	(217,720)
Net cash provided by (used in) investing activities	6,941,804	648,392
Cash flows from financing activities
Repayments of mortgage notes	(147,965)	(206,286)
Distributions to noncontrolling interests	(4,091,448)	(99,000)
Net cash used in financing activities	(4,239,413)	(305,286)
Net increase (decrease) in cash and cash equivalents	187,907	(278,306)
Cash and cash equivalents at beginning of period	706,652	1,076,241
Cash and cash equivalents at end of period	$ 894,559	$ 797,935