Document_And_Entity_Informatio
Document And Entity Information | 9 Months Ended |
Dec. 31, 2013 | |
Document Information [Line Items] | ' |
Entity Registrant Name | 'BOSTON CAPITAL TAX CREDIT FUND IV LP |
Entity Central Index Key | '0000913778 |
Current Fiscal Year End Date | '--03-31 |
Entity Filer Category | 'Smaller Reporting Company |
Entity Common Stock, Shares Outstanding | 0 |
Document Type | '10-Q |
Amendment Flag | 'false |
Document Period End Date | 31-Dec-13 |
Document Fiscal Period Focus | 'Q3 |
Document Fiscal Year Focus | '2014 |
CONDENSED_BALANCE_SHEETS
CONDENSED BALANCE SHEETS (USD $) | Dec. 31, 2013 | Mar. 31, 2013 |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | $12,132,469 | $13,605,938 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 14,255,375 | 10,156,227 |
Notes receivable | 22,790 | 69,698 |
Acquisition costs, net | 1,451,666 | 1,786,668 |
Other assets | 382,201 | 838,860 |
ASSETS | 28,244,501 | 26,457,391 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 250,275 | 196,892 |
Accounts payable affiliates (Note C) | 51,725,702 | 53,175,805 |
Capital contributions payable | 664,260 | 1,111,008 |
LIABILITIES | 52,640,237 | 54,483,705 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -16,985,555 | -20,579,829 |
General Partner | -7,410,181 | -7,446,485 |
PARTNERS' CAPITAL (DEFICIT) | -24,395,736 | -28,026,314 |
Liabilities and Stockholders' Equity | 28,244,501 | 26,457,391 |
Series Twenty [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 655,067 | 158,143 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 655,067 | 158,143 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 8,333 | 20,000 |
Accounts payable affiliates (Note C) | 1,907,665 | 2,027,860 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,915,998 | 2,047,860 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -940,070 | -1,562,568 |
General Partner | -320,861 | -327,149 |
PARTNERS' CAPITAL (DEFICIT) | -1,260,931 | -1,889,717 |
Liabilities and Stockholders' Equity | 655,067 | 158,143 |
Series Twenty One [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 119,871 | 128,750 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 3,000 | 3,000 |
ASSETS | 122,871 | 131,750 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 5,000 | 0 |
Accounts payable affiliates (Note C) | 1,372,439 | 1,403,159 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,377,439 | 1,403,159 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -1,080,071 | -1,096,744 |
General Partner | -174,497 | -174,665 |
PARTNERS' CAPITAL (DEFICIT) | -1,254,568 | -1,271,409 |
Liabilities and Stockholders' Equity | 122,871 | 131,750 |
Series Twenty Two [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 102,179 | 223,347 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 102,179 | 223,347 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 2,880,568 | 2,918,338 |
Capital contributions payable | 9,352 | 9,352 |
LIABILITIES | 2,889,920 | 2,927,690 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -2,540,780 | -2,458,216 |
General Partner | -246,961 | -246,127 |
PARTNERS' CAPITAL (DEFICIT) | -2,787,741 | -2,704,343 |
Liabilities and Stockholders' Equity | 102,179 | 223,347 |
Series Twenty Three [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 119,623 | 172,186 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 119,623 | 172,186 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 2,527,270 | 2,478,131 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 2,527,270 | 2,478,131 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -2,098,724 | -1,998,039 |
General Partner | -308,923 | -307,906 |
PARTNERS' CAPITAL (DEFICIT) | -2,407,647 | -2,305,945 |
Liabilities and Stockholders' Equity | 119,623 | 172,186 |
Series Twenty Four [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 825,753 | 1,726,961 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 3,422 |
ASSETS | 825,753 | 1,730,383 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 20,000 | 0 |
Accounts payable affiliates (Note C) | 0 | 2,468,363 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 20,000 | 2,468,363 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | 982,993 | -545,303 |
General Partner | -177,240 | -192,677 |
PARTNERS' CAPITAL (DEFICIT) | 805,753 | -737,980 |
Liabilities and Stockholders' Equity | 825,753 | 1,730,383 |
Series Twenty Five [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 2,563,415 | 1,984,103 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 1,250 | 627,865 |
ASSETS | 2,564,665 | 2,611,968 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 5,000 | 978 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 5,000 | 978 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | 2,791,512 | 2,842,324 |
General Partner | -231,847 | -231,334 |
PARTNERS' CAPITAL (DEFICIT) | 2,559,665 | 2,610,990 |
Liabilities and Stockholders' Equity | 2,564,665 | 2,611,968 |
Series Twenty Six [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 2,370,316 | 271,051 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 4,363 |
ASSETS | 2,370,316 | 275,414 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 34,960 | 7,460 |
Accounts payable affiliates (Note C) | 0 | 499,347 |
Capital contributions payable | 1,293 | 1,293 |
LIABILITIES | 36,253 | 508,100 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | 2,650,976 | 109,894 |
General Partner | -316,913 | -342,580 |
PARTNERS' CAPITAL (DEFICIT) | 2,334,063 | -232,686 |
Liabilities and Stockholders' Equity | 2,370,316 | 275,414 |
Series Twenty Seven [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 2,444,361 | 230,059 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 6,500 | 7,233 |
ASSETS | 2,450,861 | 237,292 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 10,000 | 7,500 |
Accounts payable affiliates (Note C) | 1,399,257 | 1,603,517 |
Capital contributions payable | 10,020 | 10,020 |
LIABILITIES | 1,419,277 | 1,621,037 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | 1,227,716 | -1,163,460 |
General Partner | -196,132 | -220,285 |
PARTNERS' CAPITAL (DEFICIT) | 1,031,584 | -1,383,745 |
Liabilities and Stockholders' Equity | 2,450,861 | 237,292 |
Series Twenty Eight [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 1,401,091 | 386,279 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 2,817 | 3,550 |
ASSETS | 1,403,908 | 389,829 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 7,500 | 0 |
Accounts payable affiliates (Note C) | 1,528,045 | 1,577,136 |
Capital contributions payable | 40,968 | 40,968 |
LIABILITIES | 1,576,513 | 1,618,104 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | 172,869 | -872,244 |
General Partner | -345,474 | -356,031 |
PARTNERS' CAPITAL (DEFICIT) | -172,605 | -1,228,275 |
Liabilities and Stockholders' Equity | 1,403,908 | 389,829 |
Series Twenty Nine [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 328,403 | 82,084 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 328,403 | 82,084 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 17,500 | 0 |
Accounts payable affiliates (Note C) | 3,623,316 | 3,508,005 |
Capital contributions payable | 8,235 | 10,197 |
LIABILITIES | 3,649,051 | 3,518,202 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -2,948,795 | -3,063,110 |
General Partner | -371,853 | -373,008 |
PARTNERS' CAPITAL (DEFICIT) | -3,320,648 | -3,436,118 |
Liabilities and Stockholders' Equity | 328,403 | 82,084 |
Series Thirty [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 245,990 | 269,758 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 500 | 500 |
ASSETS | 246,490 | 270,258 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 1,652,026 | 1,535,665 |
Capital contributions payable | 127,396 | 127,396 |
LIABILITIES | 1,779,422 | 1,663,061 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -1,290,547 | -1,151,819 |
General Partner | -242,385 | -240,984 |
PARTNERS' CAPITAL (DEFICIT) | -1,532,932 | -1,392,803 |
Liabilities and Stockholders' Equity | 246,490 | 270,258 |
Series Thirty One [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 269,079 | 233,992 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 25,000 | 25,000 |
ASSETS | 294,079 | 258,992 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 5,000 | 0 |
Accounts payable affiliates (Note C) | 3,182,423 | 2,933,577 |
Capital contributions payable | 66,294 | 66,294 |
LIABILITIES | 3,253,717 | 2,999,871 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -2,550,783 | -2,334,212 |
General Partner | -408,855 | -406,667 |
PARTNERS' CAPITAL (DEFICIT) | -2,959,638 | -2,740,879 |
Liabilities and Stockholders' Equity | 294,079 | 258,992 |
Series Thirty Two [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 281,232 | 337,905 |
Notes receivable | 0 | 46,908 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 22,577 |
ASSETS | 281,232 | 407,390 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 3,019,737 | 2,815,554 |
Capital contributions payable | 3,486 | 173,561 |
LIABILITIES | 3,023,223 | 2,989,115 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -2,308,208 | -2,149,545 |
General Partner | -433,783 | -432,180 |
PARTNERS' CAPITAL (DEFICIT) | -2,741,991 | -2,581,725 |
Liabilities and Stockholders' Equity | 281,232 | 407,390 |
Series Thirty Three [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 195,185 | 201,600 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 195,185 | 201,600 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 3,403 | 3,403 |
Accounts payable affiliates (Note C) | 1,910,534 | 1,817,978 |
Capital contributions payable | 69,154 | 69,154 |
LIABILITIES | 1,983,091 | 1,890,535 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -1,544,247 | -1,446,266 |
General Partner | -243,659 | -242,669 |
PARTNERS' CAPITAL (DEFICIT) | -1,787,906 | -1,688,935 |
Liabilities and Stockholders' Equity | 195,185 | 201,600 |
Series Thirty Four [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 98,311 | 63,811 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 98,311 | 63,811 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 3,834,900 | 3,631,497 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 3,834,900 | 3,631,497 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -3,398,833 | -3,231,619 |
General Partner | -337,756 | -336,067 |
PARTNERS' CAPITAL (DEFICIT) | -3,736,589 | -3,567,686 |
Liabilities and Stockholders' Equity | 98,311 | 63,811 |
Series Thirty Five [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 151,323 | 101,782 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 151,323 | 101,782 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 2,211,401 | 2,055,092 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 2,211,401 | 2,055,092 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -1,757,452 | -1,651,752 |
General Partner | -302,626 | -301,558 |
PARTNERS' CAPITAL (DEFICIT) | -2,060,078 | -1,953,310 |
Liabilities and Stockholders' Equity | 151,323 | 101,782 |
Series Thirty Six [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 437,843 | 1,437,216 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 437,843 | 1,437,216 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 131,912 | 131,000 |
Accounts payable affiliates (Note C) | 1,075,231 | 1,975,871 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,207,143 | 2,106,871 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -582,944 | -484,295 |
General Partner | -186,356 | -185,360 |
PARTNERS' CAPITAL (DEFICIT) | -769,300 | -669,655 |
Liabilities and Stockholders' Equity | 437,843 | 1,437,216 |
Series Thirty Seven [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 308,529 | 287,786 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 308,529 | 287,786 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 2,095,931 | 1,942,283 |
Capital contributions payable | 138,438 | 138,438 |
LIABILITIES | 2,234,369 | 2,080,721 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -1,691,018 | -1,559,442 |
General Partner | -234,822 | -233,493 |
PARTNERS' CAPITAL (DEFICIT) | -1,925,840 | -1,792,935 |
Liabilities and Stockholders' Equity | 308,529 | 287,786 |
Series Thirty Eight [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 211,991 | 175,521 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 211,991 | 175,521 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 1,675,732 | 1,552,432 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,675,732 | 1,552,432 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -1,230,819 | -1,144,857 |
General Partner | -232,922 | -232,054 |
PARTNERS' CAPITAL (DEFICIT) | -1,463,741 | -1,376,911 |
Liabilities and Stockholders' Equity | 211,991 | 175,521 |
Series Thirty Nine [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 130,633 | 142,890 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 130,633 | 142,890 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 1,513,699 | 1,411,099 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,513,699 | 1,411,099 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -1,172,793 | -1,059,085 |
General Partner | -210,273 | -209,124 |
PARTNERS' CAPITAL (DEFICIT) | -1,383,066 | -1,268,209 |
Liabilities and Stockholders' Equity | 130,633 | 142,890 |
Series Forty [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 77,334 | 92,145 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 77,334 | 92,145 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 2,776,621 | 2,615,847 |
Capital contributions payable | 102 | 102 |
LIABILITIES | 2,776,723 | 2,615,949 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -2,447,451 | -2,273,622 |
General Partner | -251,938 | -250,182 |
PARTNERS' CAPITAL (DEFICIT) | -2,699,389 | -2,523,804 |
Liabilities and Stockholders' Equity | 77,334 | 92,145 |
Series Forty One [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 126,925 | 147,099 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 0 | 0 |
Other assets | 1,218 | 1,218 |
ASSETS | 128,143 | 148,317 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 1,667 | 0 |
Accounts payable affiliates (Note C) | 2,995,549 | 2,869,208 |
Capital contributions payable | 100 | 100 |
LIABILITIES | 2,997,316 | 2,869,308 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -2,591,312 | -2,444,612 |
General Partner | -277,861 | -276,379 |
PARTNERS' CAPITAL (DEFICIT) | -2,869,173 | -2,720,991 |
Liabilities and Stockholders' Equity | 128,143 | 148,317 |
Series Forty Two [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 0 | 109,918 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 258,447 | 259,722 |
Notes receivable | 22,790 | 22,790 |
Acquisition costs, net | 224,772 | 276,642 |
Other assets | 51,003 | 51,003 |
ASSETS | 557,012 | 720,075 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 2,009,298 | 1,872,773 |
Capital contributions payable | 73,433 | 73,433 |
LIABILITIES | 2,082,731 | 1,946,206 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -1,269,523 | -972,931 |
General Partner | -256,196 | -253,200 |
PARTNERS' CAPITAL (DEFICIT) | -1,525,719 | -1,226,131 |
Liabilities and Stockholders' Equity | 557,012 | 720,075 |
Series Forty Three [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 1,202,088 | 1,467,908 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 267,328 | 244,501 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 217,074 | 267,168 |
Other assets | 97,581 | 85,341 |
ASSETS | 1,784,071 | 2,064,918 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 2,471,533 | 2,241,448 |
Capital contributions payable | 99,265 | 121,112 |
LIABILITIES | 2,570,798 | 2,362,560 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | -457,338 | 26,856 |
General Partner | -329,389 | -324,498 |
PARTNERS' CAPITAL (DEFICIT) | -786,727 | -297,642 |
Liabilities and Stockholders' Equity | 1,784,071 | 2,064,918 |
Series Forty Four [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 975,803 | 1,079,218 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 34,627 | 342,053 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 919,090 | 1,131,190 |
Other assets | 45,764 | 0 |
ASSETS | 1,975,284 | 2,552,461 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 21,551 |
Accounts payable affiliates (Note C) | 1,577,246 | 1,352,903 |
Capital contributions payable | 0 | 252,864 |
LIABILITIES | 1,577,246 | 1,627,318 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | 631,506 | 1,153,340 |
General Partner | -233,468 | -228,197 |
PARTNERS' CAPITAL (DEFICIT) | 398,038 | 925,143 |
Liabilities and Stockholders' Equity | 1,975,284 | 2,552,461 |
Series Forty Five [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 4,397,973 | 4,953,547 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 61,578 | 274,823 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 57,900 | 71,262 |
Other assets | 143,780 | 0 |
ASSETS | 4,661,231 | 5,299,632 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 5,000 |
Accounts payable affiliates (Note C) | 1,370,832 | 1,141,419 |
Capital contributions payable | 16,724 | 16,724 |
LIABILITIES | 1,387,556 | 1,163,143 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | 3,594,600 | 4,448,786 |
General Partner | -320,925 | -312,297 |
PARTNERS' CAPITAL (DEFICIT) | 3,273,675 | 4,136,489 |
Liabilities and Stockholders' Equity | 4,661,231 | 5,299,632 |
Series Forty Six [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING PARTNERSHIPS (Note D) | 5,556,605 | 5,995,347 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 168,941 | 180,660 |
Notes receivable | 0 | 0 |
Acquisition costs, net | 32,830 | 40,406 |
Other assets | 3,788 | 3,788 |
ASSETS | 5,762,164 | 6,220,201 |
LIABILITIES | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 1,114,449 | 927,303 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,114,449 | 927,303 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of beneficial interest of the limited partnership interest | 4,863,981 | 5,502,712 |
General Partner | -216,266 | -209,814 |
PARTNERS' CAPITAL (DEFICIT) | 4,647,715 | 5,292,898 |
Liabilities and Stockholders' Equity | $5,762,164 | $6,220,201 |
CONDENSED_BALANCE_SHEETS_Paren
CONDENSED BALANCE SHEETS [Parenthetical] (USD $) | Dec. 31, 2013 | Mar. 31, 2013 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 83,651,080 | 83,651,080 |
Units of limited partnership interest, outstanding | 83,628,246 | 83,644,880 |
Series Twenty [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,866,700 | 3,866,700 |
Units of limited partnership interest, outstanding | 3,864,700 | 3,865,700 |
Series Twenty One [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 1,892,700 | 1,892,700 |
Units of limited partnership interest, outstanding | 1,888,200 | 1,890,700 |
Series Twenty Two [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,564,400 | 2,564,400 |
Units of limited partnership interest, outstanding | 2,561,400 | 2,564,400 |
Series Twenty Three [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,336,727 | 3,336,727 |
Units of limited partnership interest, outstanding | 3,336,227 | 3,336,727 |
Series Twenty Four [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,169,878 | 2,169,878 |
Units of limited partnership interest, outstanding | 2,168,878 | 2,169,878 |
Series Twenty Five [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,026,109 | 3,026,109 |
Units of limited partnership interest, outstanding | 3,025,609 | 3,025,609 |
Series Twenty Six [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,995,900 | 3,995,900 |
Units of limited partnership interest, outstanding | 3,995,200 | 3,995,200 |
Series Twenty Seven [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,460,700 | 2,460,700 |
Units of limited partnership interest, outstanding | 2,460,700 | 2,460,700 |
Series Twenty Eight [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 4,000,738 | 4,000,738 |
Units of limited partnership interest, outstanding | 3,999,738 | 4,000,238 |
Series Twenty Nine [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,991,800 | 3,991,800 |
Units of limited partnership interest, outstanding | 3,991,300 | 3,991,800 |
Series Thirty [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,651,000 | 2,651,000 |
Units of limited partnership interest, outstanding | 2,651,000 | 2,651,000 |
Series Thirty One [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 4,417,857 | 4,417,857 |
Units of limited partnership interest, outstanding | 4,415,757 | 4,417,857 |
Series Thirty Two [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 4,754,198 | 4,754,198 |
Units of limited partnership interest, outstanding | 4,753,198 | 4,753,698 |
Series Thirty Three [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,636,533 | 2,636,533 |
Units of limited partnership interest, outstanding | 2,635,533 | 2,635,533 |
Series Thirty Four [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,529,319 | 3,529,319 |
Units of limited partnership interest, outstanding | 3,528,319 | 3,529,319 |
Series Thirty Five [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,300,463 | 3,300,463 |
Units of limited partnership interest, outstanding | 3,298,763 | 3,300,463 |
Series Thirty Six [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,106,838 | 2,106,838 |
Units of limited partnership interest, outstanding | 2,104,504 | 2,106,838 |
Series Thirty Seven [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,512,500 | 2,512,500 |
Units of limited partnership interest, outstanding | 2,512,500 | 2,512,500 |
Series Thirty Eight [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,543,100 | 2,543,100 |
Units of limited partnership interest, outstanding | 2,543,100 | 2,543,100 |
Series Thirty Nine [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,292,151 | 2,292,151 |
Units of limited partnership interest, outstanding | 2,292,151 | 2,292,151 |
Series Forty [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,630,256 | 2,630,256 |
Units of limited partnership interest, outstanding | 2,630,256 | 2,630,256 |
Series Forty One [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,891,626 | 2,891,626 |
Units of limited partnership interest, outstanding | 2,891,626 | 2,891,626 |
Series Forty Two [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,744,262 | 2,744,262 |
Units of limited partnership interest, outstanding | 2,744,262 | 2,744,262 |
Series Forty Three [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,637,987 | 3,637,987 |
Units of limited partnership interest, outstanding | 3,637,987 | 3,637,987 |
Series Forty Four [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,701,973 | 2,701,973 |
Units of limited partnership interest, outstanding | 2,701,973 | 2,701,973 |
Series Forty Five [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 4,014,367 | 4,014,367 |
Units of limited partnership interest, outstanding | 4,014,367 | 4,014,367 |
Series Forty Six [Member] | ' | ' |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,980,998 | 2,980,998 |
Units of limited partnership interest, outstanding | 2,980,998 | 2,980,998 |
CONDENSED_STATEMENTS_OF_OPERAT
CONDENSED STATEMENTS OF OPERATIONS (USD $) | 3 Months Ended | 9 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | |
Income | ' | ' | ' | ' |
Interest income | $31,253 | $4,117 | $40,846 | $96,717 |
Other income | 59,634 | 142,020 | 630,736 | 664,465 |
Revenues | 90,887 | 146,137 | 671,582 | 761,182 |
Share of income (loss) from Operating Partnerships (Note D) | 4,074,927 | 6,000,715 | 7,393,379 | 6,629,917 |
Expenses | ' | ' | ' | ' |
Professional fees | 27,008 | 44,714 | 616,713 | 712,907 |
Fund management fee, net (Note C) | 1,157,801 | 1,080,074 | 3,069,602 | 3,327,441 |
Amortization | 111,667 | 158,450 | 335,002 | 475,355 |
General and administrative expenses | 202,513 | 202,226 | 413,066 | 431,153 |
Operating expenses | 1,498,989 | 1,485,464 | 4,434,383 | 4,946,856 |
NET INCOME (LOSS) | 2,666,825 | 4,661,388 | 3,630,578 | 2,444,243 |
Net income (loss) allocated to assignees | 2,640,156 | 4,614,774 | 3,594,274 | 2,419,802 |
Net income (loss) allocated to general partner | 26,669 | 46,614 | 36,304 | 24,441 |
Net income (loss) per BAC (in dollars per share) | $0.03 | $0.06 | $0.04 | $0.03 |
Series Twenty [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 230 | 142 | 470 | 571 |
Other income | 0 | 1,250 | 689 | 3,125 |
Revenues | 230 | 1,392 | 1,159 | 3,696 |
Share of income (loss) from Operating Partnerships (Note D) | 539,000 | 6,402 | 722,000 | 6,402 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 55 | 17,139 | 20,535 |
Fund management fee, net (Note C) | 20,295 | 22,130 | 59,168 | 72,058 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 9,217 | 8,329 | 18,066 | 18,703 |
Operating expenses | 30,086 | 30,514 | 94,373 | 111,296 |
NET INCOME (LOSS) | 509,144 | -22,720 | 628,786 | -101,198 |
Net income (loss) allocated to assignees | 504,053 | -22,493 | 622,498 | -100,186 |
Net income (loss) allocated to general partner | 5,091 | -227 | 6,288 | -1,012 |
Net income (loss) per BAC (in dollars per share) | $0.13 | ($0.01) | $0.16 | ($0.03) |
Series Twenty One [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 82 | 131 | 256 | 430 |
Other income | 0 | 0 | 7,372 | 3,559 |
Revenues | 82 | 131 | 7,628 | 3,989 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | 0 | 79,000 | 0 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 13,509 | 16,215 |
Fund management fee, net (Note C) | 15,552 | 16,770 | 44,604 | 47,259 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 5,204 | 5,399 | 11,674 | 12,658 |
Operating expenses | 21,330 | 22,169 | 69,787 | 76,132 |
NET INCOME (LOSS) | -21,248 | -22,038 | 16,841 | -72,143 |
Net income (loss) allocated to assignees | -21,036 | -21,818 | 16,673 | -71,422 |
Net income (loss) allocated to general partner | -212 | -220 | 168 | -721 |
Net income (loss) per BAC (in dollars per share) | ($0.01) | ($0.01) | $0.01 | ($0.04) |
Series Twenty Two [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 57 | 137 | 262 | 307 |
Other income | 0 | 0 | 5,683 | 5,683 |
Revenues | 57 | 137 | 5,945 | 5,990 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | 218,995 | 0 | 318,670 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 27,274 | 23,277 |
Fund management fee, net (Note C) | 16,995 | 20,949 | 47,605 | 86,574 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 7,005 | 7,862 | 14,464 | 16,782 |
Operating expenses | 24,574 | 28,811 | 89,343 | 126,633 |
NET INCOME (LOSS) | -24,517 | 190,321 | -83,398 | 198,027 |
Net income (loss) allocated to assignees | -24,272 | 188,418 | -82,564 | 196,047 |
Net income (loss) allocated to general partner | -245 | 1,903 | -834 | 1,980 |
Net income (loss) per BAC (in dollars per share) | ($0.01) | $0.07 | ($0.03) | $0.08 |
Series Twenty Three [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 63 | 88 | 213 | 240 |
Other income | 0 | 0 | 0 | 68,066 |
Revenues | 63 | 88 | 213 | 68,306 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | 70,180 | 0 | 82,930 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 20,399 | 19,867 |
Fund management fee, net (Note C) | 22,679 | 24,977 | 64,539 | 76,984 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 8,628 | 7,943 | 16,977 | 17,881 |
Operating expenses | 31,881 | 32,920 | 101,915 | 114,732 |
NET INCOME (LOSS) | -31,818 | 37,348 | -101,702 | 36,504 |
Net income (loss) allocated to assignees | -31,500 | 36,975 | -100,685 | 36,139 |
Net income (loss) allocated to general partner | -318 | 373 | -1,017 | 365 |
Net income (loss) per BAC (in dollars per share) | ($0.01) | $0.01 | ($0.03) | $0.01 |
Series Twenty Four [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 218 | 155 | 1,055 | 519 |
Other income | 0 | 11,048 | 972 | 15,528 |
Revenues | 218 | 11,203 | 2,027 | 16,047 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | 1,540,442 | 1,544,276 | 1,754,864 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 22,764 | 22,505 |
Fund management fee, net (Note C) | 19,092 | 28,661 | -33,891 | 80,009 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 6,594 | 6,434 | 13,697 | 14,531 |
Operating expenses | 26,260 | 35,095 | 2,570 | 117,045 |
NET INCOME (LOSS) | -26,042 | 1,516,550 | 1,543,733 | 1,653,866 |
Net income (loss) allocated to assignees | -25,782 | 1,501,384 | 1,528,296 | 1,637,327 |
Net income (loss) allocated to general partner | -260 | 15,166 | 15,437 | 16,539 |
Net income (loss) per BAC (in dollars per share) | ($0.01) | $0.69 | $0.70 | $0.75 |
Series Twenty Five [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 1,288 | 156 | 3,376 | 836 |
Other income | 16 | 17,867 | 11,155 | 20,027 |
Revenues | 1,304 | 18,023 | 14,531 | 20,863 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | 2,119,968 | 0 | 2,424,100 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 19,079 | 20,505 |
Fund management fee, net (Note C) | 11,127 | -7,240 | 31,019 | 26,855 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 8,012 | 7,030 | 15,758 | 16,145 |
Operating expenses | 19,713 | -210 | 65,856 | 63,505 |
NET INCOME (LOSS) | -18,409 | 2,138,201 | -51,325 | 2,381,458 |
Net income (loss) allocated to assignees | -18,225 | 2,116,819 | -50,812 | 2,357,643 |
Net income (loss) allocated to general partner | -184 | 21,382 | -513 | 23,815 |
Net income (loss) per BAC (in dollars per share) | ($0.01) | $0.70 | ($0.02) | $0.78 |
Series Twenty Six [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 642 | 211 | 1,235 | 869 |
Other income | 0 | 13,358 | 5,834 | 37,043 |
Revenues | 642 | 13,569 | 7,069 | 37,912 |
Share of income (loss) from Operating Partnerships (Note D) | 471,941 | 1,367,856 | 2,601,619 | 1,948,350 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 40,074 | 34,850 |
Fund management fee, net (Note C) | 46,723 | 34,109 | -18,744 | 150,276 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 11,177 | 10,512 | 20,609 | 21,056 |
Operating expenses | 58,474 | 44,621 | 41,939 | 206,182 |
NET INCOME (LOSS) | 414,109 | 1,336,804 | 2,566,749 | 1,780,080 |
Net income (loss) allocated to assignees | 409,968 | 1,323,436 | 2,541,082 | 1,762,279 |
Net income (loss) allocated to general partner | 4,141 | 13,368 | 25,667 | 17,801 |
Net income (loss) per BAC (in dollars per share) | $0.10 | $0.33 | $0.64 | $0.44 |
Series Twenty Seven [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 512 | 175 | 884 | 638 |
Other income | 0 | 27,615 | 34,750 | 49,190 |
Revenues | 512 | 27,790 | 35,634 | 49,828 |
Share of income (loss) from Operating Partnerships (Note D) | 2,199,875 | 6,283 | 2,508,394 | 582,228 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 19,849 | 19,030 |
Fund management fee, net (Note C) | 38,319 | 34,894 | 94,683 | 76,868 |
Amortization | 0 | 16,347 | 0 | 49,043 |
General and administrative expenses | 7,063 | 6,560 | 14,167 | 14,195 |
Operating expenses | 45,956 | 57,801 | 128,699 | 159,136 |
NET INCOME (LOSS) | 2,154,431 | -23,728 | 2,415,329 | 472,920 |
Net income (loss) allocated to assignees | 2,132,887 | -23,491 | 2,391,176 | 468,191 |
Net income (loss) allocated to general partner | 21,544 | -237 | 24,153 | 4,729 |
Net income (loss) per BAC (in dollars per share) | $0.87 | ($0.01) | $0.97 | $0.19 |
Series Twenty Eight [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 466 | 320 | 1,086 | 826 |
Other income | 85 | 19,840 | 252,850 | 282,500 |
Revenues | 551 | 20,160 | 253,936 | 283,326 |
Share of income (loss) from Operating Partnerships (Note D) | 889,495 | 0 | 939,495 | 44,775 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 26,614 | 25,715 |
Fund management fee, net (Note C) | 63,612 | 59,972 | 93,210 | 114,730 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 9,338 | 8,742 | 17,937 | 17,775 |
Operating expenses | 73,524 | 68,714 | 137,761 | 158,220 |
NET INCOME (LOSS) | 816,522 | -48,554 | 1,055,670 | 169,881 |
Net income (loss) allocated to assignees | 808,357 | -48,068 | 1,045,113 | 168,182 |
Net income (loss) allocated to general partner | 8,165 | -486 | 10,557 | 1,699 |
Net income (loss) per BAC (in dollars per share) | $0.20 | ($0.01) | $0.26 | $0.04 |
Series Twenty Nine [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 70 | 112 | 192 | 411 |
Other income | 0 | 2,854 | 11,177 | 5,856 |
Revenues | 70 | 2,966 | 11,369 | 6,267 |
Share of income (loss) from Operating Partnerships (Note D) | 344,556 | 0 | 344,656 | 0 |
Expenses | ' | ' | ' | ' |
Professional fees | 1,744 | 24,747 | 25,426 | 107,330 |
Fund management fee, net (Note C) | 68,008 | 80,651 | 196,907 | 201,918 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 9,356 | 9,072 | 18,222 | 19,282 |
Operating expenses | 79,108 | 114,470 | 240,555 | 328,530 |
NET INCOME (LOSS) | 265,518 | -111,504 | 115,470 | -322,263 |
Net income (loss) allocated to assignees | 262,863 | -110,389 | 114,315 | -319,040 |
Net income (loss) allocated to general partner | 2,655 | -1,115 | 1,155 | -3,223 |
Net income (loss) per BAC (in dollars per share) | $0.07 | ($0.03) | $0.03 | ($0.08) |
Series Thirty [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 174 | 217 | 529 | 667 |
Other income | 0 | 0 | 1,522 | 3,834 |
Revenues | 174 | 217 | 2,051 | 4,501 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | 0 | 0 | 72,943 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 859 | 20,755 | 21,099 |
Fund management fee, net (Note C) | 38,787 | 27,027 | 107,473 | 103,628 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 6,899 | 6,821 | 13,952 | 15,026 |
Operating expenses | 46,260 | 34,707 | 142,180 | 139,753 |
NET INCOME (LOSS) | -46,086 | -34,490 | -140,129 | -62,309 |
Net income (loss) allocated to assignees | -45,625 | -34,145 | -138,728 | -61,686 |
Net income (loss) allocated to general partner | -461 | -345 | -1,401 | -623 |
Net income (loss) per BAC (in dollars per share) | ($0.02) | ($0.01) | ($0.05) | ($0.02) |
Series Thirty One [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 181 | 181 | 536 | 451 |
Other income | 15,000 | 0 | 16,232 | 7,598 |
Revenues | 15,181 | 181 | 16,768 | 8,049 |
Share of income (loss) from Operating Partnerships (Note D) | 15,000 | 0 | 15,000 | 48,230 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 26,614 | 25,980 |
Fund management fee, net (Note C) | 68,868 | 60,127 | 205,690 | 106,659 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 9,932 | 9,290 | 18,223 | 18,316 |
Operating expenses | 79,374 | 69,417 | 250,527 | 150,955 |
NET INCOME (LOSS) | -49,193 | -69,236 | -218,759 | -94,676 |
Net income (loss) allocated to assignees | -48,701 | -68,544 | -216,571 | -93,729 |
Net income (loss) allocated to general partner | -492 | -692 | -2,188 | -947 |
Net income (loss) per BAC (in dollars per share) | ($0.01) | ($0.02) | ($0.05) | ($0.02) |
Series Thirty Two [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 26,020 | 266 | 26,457 | 827 |
Other income | 3,439 | 10,000 | 13,439 | 19,300 |
Revenues | 29,459 | 10,266 | 39,896 | 20,127 |
Share of income (loss) from Operating Partnerships (Note D) | 3,428 | 1,449 | 3,428 | 1,449 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 18,749 | 19,982 |
Fund management fee, net (Note C) | 49,722 | 51,972 | 167,000 | 170,091 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 9,628 | 8,746 | 17,841 | 19,104 |
Operating expenses | 59,924 | 60,718 | 203,590 | 209,177 |
NET INCOME (LOSS) | -27,037 | -49,003 | -160,266 | -187,601 |
Net income (loss) allocated to assignees | -26,767 | -48,513 | -158,663 | -185,725 |
Net income (loss) allocated to general partner | -270 | -490 | -1,603 | -1,876 |
Net income (loss) per BAC (in dollars per share) | ($0.01) | ($0.01) | ($0.03) | ($0.04) |
Series Thirty Three [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 147 | 172 | 445 | 526 |
Other income | 0 | 2,529 | 6,686 | 17,249 |
Revenues | 147 | 2,701 | 7,131 | 17,775 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | 0 | 0 | 0 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 14,364 | 16,889 |
Fund management fee, net (Note C) | 30,852 | 30,383 | 79,417 | 79,417 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 5,903 | 5,903 | 12,321 | 13,443 |
Operating expenses | 37,329 | 36,286 | 106,102 | 109,749 |
NET INCOME (LOSS) | -37,182 | -33,585 | -98,971 | -91,974 |
Net income (loss) allocated to assignees | -36,810 | -33,249 | -97,981 | -91,054 |
Net income (loss) allocated to general partner | -372 | -336 | -990 | -920 |
Net income (loss) per BAC (in dollars per share) | ($0.01) | ($0.01) | ($0.04) | ($0.03) |
Series Thirty Four [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 24 | 3 | 57 | 8 |
Other income | 0 | 23,956 | 50,668 | 36,678 |
Revenues | 24 | 23,959 | 50,725 | 36,686 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | 0 | 0 | 0 |
Expenses | ' | ' | ' | ' |
Professional fees | 742 | 1,646 | 20,759 | 25,487 |
Fund management fee, net (Note C) | 61,649 | 50,810 | 184,308 | 196,208 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 7,246 | 7,326 | 14,561 | 15,537 |
Operating expenses | 69,637 | 59,782 | 219,628 | 237,232 |
NET INCOME (LOSS) | -69,613 | -35,823 | -168,903 | -200,546 |
Net income (loss) allocated to assignees | -68,917 | -35,465 | -167,214 | -198,541 |
Net income (loss) allocated to general partner | -696 | -358 | -1,689 | -2,005 |
Net income (loss) per BAC (in dollars per share) | ($0.02) | ($0.01) | ($0.05) | ($0.06) |
Series Thirty Five [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 71 | 54 | 223 | 114 |
Other income | 28,229 | 0 | 33,179 | 69 |
Revenues | 28,300 | 54 | 33,402 | 183 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | 0 | 0 | 52,500 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 6,831 | 16,329 | 26,172 |
Fund management fee, net (Note C) | 13,721 | 50,520 | 109,843 | 153,010 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 6,855 | 6,932 | 13,998 | 15,052 |
Operating expenses | 21,150 | 64,283 | 140,170 | 194,234 |
NET INCOME (LOSS) | 7,150 | -64,229 | -106,768 | -141,551 |
Net income (loss) allocated to assignees | 7,078 | -63,587 | -105,700 | -140,135 |
Net income (loss) allocated to general partner | 72 | -642 | -1,068 | -1,416 |
Net income (loss) per BAC (in dollars per share) | $0 | ($0.02) | ($0.03) | ($0.04) |
Series Thirty Six [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 159 | 74 | 663 | 194 |
Other income | 0 | 3,330 | 13,182 | 22,777 |
Revenues | 159 | 3,404 | 13,845 | 22,971 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | 1,242,272 | 0 | 1,242,272 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 18 | 16,967 | 19,366 |
Fund management fee, net (Note C) | 23,882 | -49,019 | 84,837 | 22,875 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 5,480 | 5,685 | 11,686 | 12,662 |
Operating expenses | 29,936 | -43,316 | 113,490 | 54,903 |
NET INCOME (LOSS) | -29,777 | 1,288,992 | -99,645 | 1,210,340 |
Net income (loss) allocated to assignees | -29,479 | 1,276,102 | -98,649 | 1,198,237 |
Net income (loss) allocated to general partner | -298 | 12,890 | -996 | 12,103 |
Net income (loss) per BAC (in dollars per share) | ($0.01) | $0.61 | ($0.05) | $0.57 |
Series Thirty Seven [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 180 | 236 | 540 | 718 |
Other income | 0 | 0 | 24,920 | 23,092 |
Revenues | 180 | 236 | 25,460 | 23,810 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | 0 | 0 | 0 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 13,359 | 14,711 |
Fund management fee, net (Note C) | 51,216 | 51,216 | 133,259 | 135,130 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 5,512 | 5,590 | 11,747 | 12,734 |
Operating expenses | 57,302 | 56,806 | 158,365 | 162,575 |
NET INCOME (LOSS) | -57,122 | -56,570 | -132,905 | -138,765 |
Net income (loss) allocated to assignees | -56,551 | -56,004 | -131,576 | -137,377 |
Net income (loss) allocated to general partner | -571 | -566 | -1,329 | -1,388 |
Net income (loss) per BAC (in dollars per share) | ($0.02) | ($0.02) | ($0.05) | ($0.05) |
Series Thirty Eight [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 70 | 76 | 217 | 258 |
Other income | 8,000 | 8,220 | 51,871 | 27,497 |
Revenues | 8,070 | 8,296 | 52,088 | 27,755 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | 0 | 0 | -24,773 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 15,174 | 19,367 |
Fund management fee, net (Note C) | 41,100 | 35,100 | 111,401 | 107,036 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 5,899 | 5,985 | 12,343 | 13,265 |
Operating expenses | 47,573 | 41,085 | 138,918 | 139,668 |
NET INCOME (LOSS) | -39,503 | -32,789 | -86,830 | -136,686 |
Net income (loss) allocated to assignees | -39,108 | -32,461 | -85,962 | -135,319 |
Net income (loss) allocated to general partner | -395 | -328 | -868 | -1,367 |
Net income (loss) per BAC (in dollars per share) | ($0.02) | ($0.01) | ($0.03) | ($0.05) |
Series Thirty Nine [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 79 | 128 | 233 | 411 |
Other income | 0 | 0 | 5,246 | 7,345 |
Revenues | 79 | 128 | 5,479 | 7,756 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | -28,155 | 0 | -113,503 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 14,819 | 16,975 |
Fund management fee, net (Note C) | 34,200 | 27,265 | 93,900 | 78,677 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 5,502 | 5,503 | 11,617 | 12,417 |
Operating expenses | 40,276 | 32,768 | 120,336 | 108,069 |
NET INCOME (LOSS) | -40,197 | -60,795 | -114,857 | -213,816 |
Net income (loss) allocated to assignees | -39,795 | -60,187 | -113,708 | -211,678 |
Net income (loss) allocated to general partner | -402 | -608 | -1,149 | -2,138 |
Net income (loss) per BAC (in dollars per share) | ($0.02) | ($0.03) | ($0.05) | ($0.09) |
Series Forty [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 18 | 16 | 60 | 52 |
Other income | 0 | 0 | 225 | 7,580 |
Revenues | 18 | 16 | 285 | 7,632 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | -87,711 | 0 | -190,043 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 21,404 | 25,399 |
Fund management fee, net (Note C) | 46,779 | 37,679 | 141,573 | 134,720 |
Amortization | 0 | 0 | 0 | 0 |
General and administrative expenses | 5,972 | 6,876 | 12,893 | 14,063 |
Operating expenses | 53,325 | 44,555 | 175,870 | 174,182 |
NET INCOME (LOSS) | -53,307 | -132,250 | -175,585 | -356,593 |
Net income (loss) allocated to assignees | -52,774 | -130,927 | -173,829 | -353,027 |
Net income (loss) allocated to general partner | -533 | -1,323 | -1,756 | -3,566 |
Net income (loss) per BAC (in dollars per share) | ($0.02) | ($0.05) | ($0.07) | ($0.13) |
Series Forty One [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 109 | 113 | 343 | 395 |
Other income | 169 | 0 | 4,812 | 0 |
Revenues | 278 | 113 | 5,155 | 395 |
Share of income (loss) from Operating Partnerships (Note D) | 0 | -138,757 | 52,000 | -357,227 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 18 | 29,190 | 26,638 |
Fund management fee, net (Note C) | 57,646 | 54,447 | 160,281 | 160,684 |
Amortization | 0 | 28,326 | 0 | 84,978 |
General and administrative expenses | 7,506 | 8,019 | 15,866 | 15,961 |
Operating expenses | 65,726 | 90,810 | 205,337 | 288,261 |
NET INCOME (LOSS) | -65,448 | -229,454 | -148,182 | -645,093 |
Net income (loss) allocated to assignees | -64,794 | -227,159 | -146,700 | -638,642 |
Net income (loss) allocated to general partner | -654 | -2,295 | -1,482 | -6,451 |
Net income (loss) per BAC (in dollars per share) | ($0.02) | ($0.08) | ($0.05) | ($0.22) |
Series Forty Two [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 87 | 188 | 324 | 32,597 |
Other income | 0 | 0 | 38,021 | 716 |
Revenues | 87 | 188 | 38,345 | 33,313 |
Share of income (loss) from Operating Partnerships (Note D) | -20,631 | 22,907 | -107,413 | 5,769 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 28,256 | 27,558 |
Fund management fee, net (Note C) | 42,271 | 59,678 | 132,843 | 156,211 |
Amortization | 17,290 | 17,289 | 51,870 | 51,870 |
General and administrative expenses | 7,226 | 7,754 | 17,551 | 16,627 |
Operating expenses | 67,361 | 84,721 | 230,520 | 252,266 |
NET INCOME (LOSS) | -87,905 | -61,626 | -299,588 | -213,184 |
Net income (loss) allocated to assignees | -87,026 | -61,010 | -296,592 | -211,052 |
Net income (loss) allocated to general partner | -879 | -616 | -2,996 | -2,132 |
Net income (loss) per BAC (in dollars per share) | ($0.03) | ($0.02) | ($0.11) | ($0.08) |
Series Forty Three [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 123 | 165 | 367 | 51,902 |
Other income | 0 | 0 | 35,555 | 0 |
Revenues | 123 | 165 | 35,922 | 51,902 |
Share of income (loss) from Operating Partnerships (Note D) | -47,291 | -10,377 | -246,350 | -153,354 |
Expenses | ' | ' | ' | ' |
Professional fees | 574 | 0 | 29,987 | 29,183 |
Fund management fee, net (Note C) | 53,706 | 72,428 | 180,747 | 195,878 |
Amortization | 16,698 | 16,698 | 50,094 | 50,094 |
General and administrative expenses | 8,734 | 9,052 | 17,829 | 17,447 |
Operating expenses | 79,712 | 98,178 | 278,657 | 292,602 |
NET INCOME (LOSS) | -126,880 | -108,390 | -489,085 | -394,054 |
Net income (loss) allocated to assignees | -125,611 | -107,306 | -484,194 | -390,113 |
Net income (loss) allocated to general partner | -1,269 | -1,084 | -4,891 | -3,941 |
Net income (loss) per BAC (in dollars per share) | ($0.03) | ($0.03) | ($0.13) | ($0.11) |
Series Forty Four [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 21 | 245 | 219 | 724 |
Other income | 4,696 | 51 | 4,696 | 51 |
Revenues | 4,717 | 296 | 4,915 | 775 |
Share of income (loss) from Operating Partnerships (Note D) | -41,993 | -73,244 | -102,513 | -233,065 |
Expenses | ' | ' | ' | ' |
Professional fees | 9,200 | 0 | 36,453 | 18,523 |
Fund management fee, net (Note C) | 71,175 | 71,175 | 167,408 | 192,715 |
Amortization | 70,700 | 70,700 | 212,100 | 212,100 |
General and administrative expenses | 5,947 | 6,879 | 13,546 | 14,489 |
Operating expenses | 157,022 | 148,754 | 429,507 | 437,827 |
NET INCOME (LOSS) | -194,298 | -221,702 | -527,105 | -670,117 |
Net income (loss) allocated to assignees | -192,355 | -219,485 | -521,834 | -663,416 |
Net income (loss) allocated to general partner | -1,943 | -2,217 | -5,271 | -6,701 |
Net income (loss) per BAC (in dollars per share) | ($0.07) | ($0.08) | ($0.19) | ($0.25) |
Series Forty Five [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 45 | 190 | 257 | 712 |
Other income | 0 | 51 | 0 | 51 |
Revenues | 45 | 241 | 257 | 763 |
Share of income (loss) from Operating Partnerships (Note D) | -143,250 | -135,265 | -533,952 | -497,909 |
Expenses | ' | ' | ' | ' |
Professional fees | 2,118 | 855 | 38,144 | 37,057 |
Fund management fee, net (Note C) | 87,443 | 81,511 | 257,770 | 232,860 |
Amortization | 4,454 | 4,454 | 13,362 | 13,362 |
General and administrative expenses | 9,385 | 10,269 | 19,843 | 19,660 |
Operating expenses | 103,400 | 97,089 | 329,119 | 302,939 |
NET INCOME (LOSS) | -246,605 | -232,113 | -862,814 | -800,085 |
Net income (loss) allocated to assignees | -244,139 | -229,792 | -854,186 | -792,084 |
Net income (loss) allocated to general partner | -2,466 | -2,321 | -8,628 | -8,001 |
Net income (loss) per BAC (in dollars per share) | ($0.06) | ($0.06) | ($0.21) | ($0.20) |
Series Forty Six [Member] | ' | ' | ' | ' |
Income | ' | ' | ' | ' |
Interest income | 117 | 166 | 347 | 514 |
Other income | 0 | 51 | 0 | 51 |
Revenues | 117 | 217 | 347 | 565 |
Share of income (loss) from Operating Partnerships (Note D) | -135,203 | -122,530 | -426,261 | -385,691 |
Expenses | ' | ' | ' | ' |
Professional fees | 576 | 9,685 | 23,263 | 32,692 |
Fund management fee, net (Note C) | 62,382 | 51,882 | 172,752 | 168,111 |
Amortization | 2,525 | 4,636 | 7,576 | 13,908 |
General and administrative expenses | 7,293 | 7,713 | 15,678 | 16,342 |
Operating expenses | 72,776 | 73,916 | 219,269 | 231,053 |
NET INCOME (LOSS) | -207,862 | -196,229 | -645,183 | -616,179 |
Net income (loss) allocated to assignees | -205,783 | -194,267 | -638,731 | -610,017 |
Net income (loss) allocated to general partner | ($2,079) | ($1,962) | ($6,452) | ($6,162) |
Net income (loss) per BAC (in dollars per share) | ($0.07) | ($0.07) | ($0.21) | ($0.20) |
CONDENSED_STATEMENTS_OF_CHANGE
CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT) (USD $) | Total | Limited Partner [Member] | General Partner [Member] | Series Twenty [Member] | Series Twenty [Member] | Series Twenty [Member] | Series Twenty One [Member] | Series Twenty One [Member] | Series Twenty One [Member] | Series Twenty Two [Member] | Series Twenty Two [Member] | Series Twenty Two [Member] | Series Twenty Three [Member] | Series Twenty Three [Member] | Series Twenty Three [Member] | Series Twenty Four [Member] | Series Twenty Four [Member] | Series Twenty Four [Member] | Series Twenty Five [Member] | Series Twenty Five [Member] | Series Twenty Five [Member] | Series Twenty Six [Member] | Series Twenty Six [Member] | Series Twenty Six [Member] | Series Twenty Seven [Member] | Series Twenty Seven [Member] | Series Twenty Seven [Member] | Series Twenty Eight [Member] | Series Twenty Eight [Member] | Series Twenty Eight [Member] | Series Twenty Nine [Member] | Series Twenty Nine [Member] | Series Twenty Nine [Member] | Series Thirty [Member] | Series Thirty [Member] | Series Thirty [Member] | Series Thirty One [Member] | Series Thirty One [Member] | Series Thirty One [Member] | Series Thirty Two [Member] | Series Thirty Two [Member] | Series Thirty Two [Member] | Series Thirty Three [Member] | Series Thirty Three [Member] | Series Thirty Three [Member] | Series Thirty Four [Member] | Series Thirty Four [Member] | Series Thirty Four [Member] | Series Thirty Five [Member] | Series Thirty Five [Member] | Series Thirty Five [Member] | Series Thirty Six [Member] | Series Thirty Six [Member] | Series Thirty Six [Member] | Series Thirty Seven [Member] | Series Thirty Seven [Member] | Series Thirty Seven [Member] | Series Thirty Eight [Member] | Series Thirty Eight [Member] | Series Thirty Eight [Member] | Series Thirty Nine [Member] | Series Thirty Nine [Member] | Series Thirty Nine [Member] | Series Forty [Member] | Series Forty [Member] | Series Forty [Member] | Series Forty One [Member] | Series Forty One [Member] | Series Forty One [Member] | Series Forty Two [Member] | Series Forty Two [Member] | Series Forty Two [Member] | Series Forty Three [Member] | Series Forty Three [Member] | Series Forty Three [Member] | Series Forty Four [Member] | Series Forty Four [Member] | Series Forty Four [Member] | Series Forty Five [Member] | Series Forty Five [Member] | Series Forty Five [Member] | Series Forty Six [Member] | Series Forty Six [Member] | Series Forty Six [Member] |
Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | Limited Partner [Member] | General Partner [Member] | |||||||||||||||||||||||||||||||
Partners' capital (deficit) at Mar. 31, 2013 | ($28,026,314) | ($20,579,829) | ($7,446,485) | ($1,889,717) | ($1,562,568) | ($327,149) | ($1,271,409) | ($1,096,744) | ($174,665) | ($2,704,343) | ($2,458,216) | ($246,127) | ($2,305,945) | ($1,998,039) | ($307,906) | ($737,980) | ($545,303) | ($192,677) | $2,610,990 | $2,842,324 | ($231,334) | ($232,686) | $109,894 | ($342,580) | ($1,383,745) | ($1,163,460) | ($220,285) | ($1,228,275) | ($872,244) | ($356,031) | ($3,436,118) | ($3,063,110) | ($373,008) | ($1,392,803) | ($1,151,819) | ($240,984) | ($2,740,879) | ($2,334,212) | ($406,667) | ($2,581,725) | ($2,149,545) | ($432,180) | ($1,688,935) | ($1,446,266) | ($242,669) | ($3,567,686) | ($3,231,619) | ($336,067) | ($1,953,310) | ($1,651,752) | ($301,558) | ($669,655) | ($484,295) | ($185,360) | ($1,792,935) | ($1,559,442) | ($233,493) | ($1,376,911) | ($1,144,857) | ($232,054) | ($1,268,209) | ($1,059,085) | ($209,124) | ($2,523,804) | ($2,273,622) | ($250,182) | ($2,720,991) | ($2,444,612) | ($276,379) | ($1,226,131) | ($972,931) | ($253,200) | ($297,642) | $26,856 | ($324,498) | $925,143 | $1,153,340 | ($228,197) | $4,136,489 | $4,448,786 | ($312,297) | $5,292,898 | $5,502,712 | ($209,814) |
Net income (loss) | 3,630,578 | 3,594,274 | 36,304 | 628,786 | 622,498 | 6,288 | 16,841 | 16,673 | 168 | -83,398 | -82,564 | -834 | -101,702 | -100,685 | -1,017 | 1,543,733 | 1,528,296 | 15,437 | -51,325 | -50,812 | -513 | 2,566,749 | 2,541,082 | 25,667 | 2,415,329 | 2,391,176 | 24,153 | 1,055,670 | 1,045,113 | 10,557 | 115,470 | 114,315 | 1,155 | -140,129 | -138,728 | -1,401 | -218,759 | -216,571 | -2,188 | -160,266 | -158,663 | -1,603 | -98,971 | -97,981 | -990 | -168,903 | -167,214 | -1,689 | -106,768 | -105,700 | -1,068 | -99,645 | -98,649 | -996 | -132,905 | -131,576 | -1,329 | -86,830 | -85,962 | -868 | -114,857 | -113,708 | -1,149 | -175,585 | -173,829 | -1,756 | -148,182 | -146,700 | -1,482 | -299,588 | -296,592 | -2,996 | -489,085 | -484,194 | -4,891 | -527,105 | -521,834 | -5,271 | -862,814 | -854,186 | -8,628 | -645,183 | -638,731 | -6,452 |
Partners' capital (deficit) at Dec. 31, 2013 | -24,395,736 | -16,985,555 | -7,410,181 | -1,260,931 | -940,070 | -320,861 | -1,254,568 | -1,080,071 | -174,497 | -2,787,741 | -2,540,780 | -246,961 | -2,407,647 | -2,098,724 | -308,923 | 805,753 | 982,993 | -177,240 | 2,559,665 | 2,791,512 | -231,847 | 2,334,063 | 2,650,976 | -316,913 | 1,031,584 | 1,227,716 | -196,132 | -172,605 | 172,869 | -345,474 | -3,320,648 | -2,948,795 | -371,853 | -1,532,932 | -1,290,547 | -242,385 | -2,959,638 | -2,550,783 | -408,855 | -2,741,991 | -2,308,208 | -433,783 | -1,787,906 | -1,544,247 | -243,659 | -3,736,589 | -3,398,833 | -337,756 | -2,060,078 | -1,757,452 | -302,626 | -769,300 | -582,944 | -186,356 | -1,925,840 | -1,691,018 | -234,822 | -1,463,741 | -1,230,819 | -232,922 | -1,383,066 | -1,172,793 | -210,273 | -2,699,389 | -2,447,451 | -251,938 | -2,869,173 | -2,591,312 | -277,861 | -1,525,719 | -1,269,523 | -256,196 | -786,727 | -457,338 | -329,389 | 398,038 | 631,506 | -233,468 | 3,273,675 | 3,594,600 | -320,925 | 4,647,715 | 4,863,981 | -216,266 |
Partners' capital (deficit) at Sep. 30, 2013 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | 2,666,825 | ' | ' | 509,144 | ' | ' | -21,248 | ' | ' | -24,517 | ' | ' | -31,818 | ' | ' | -26,042 | ' | ' | -18,409 | ' | ' | 414,109 | ' | ' | 2,154,431 | ' | ' | 816,522 | ' | ' | 265,518 | ' | ' | -46,086 | ' | ' | -49,193 | ' | ' | -27,037 | ' | ' | -37,182 | ' | ' | -69,613 | ' | ' | 7,150 | ' | ' | -29,777 | ' | ' | -57,122 | ' | ' | -39,503 | ' | ' | -40,197 | ' | ' | -53,307 | ' | ' | -65,448 | ' | ' | -87,905 | ' | ' | -126,880 | ' | ' | -194,298 | ' | ' | -246,605 | ' | ' | -207,862 | ' | ' |
Partners' capital (deficit) at Dec. 31, 2013 | ($24,395,736) | ' | ' | ($1,260,931) | ' | ' | ($1,254,568) | ' | ' | ($2,787,741) | ' | ' | ($2,407,647) | ' | ' | $805,753 | ' | ' | $2,559,665 | ' | ' | $2,334,063 | ' | ' | $1,031,584 | ' | ' | ($172,605) | ' | ' | ($3,320,648) | ' | ' | ($1,532,932) | ' | ' | ($2,959,638) | ' | ' | ($2,741,991) | ' | ' | ($1,787,906) | ' | ' | ($3,736,589) | ' | ' | ($2,060,078) | ' | ' | ($769,300) | ' | ' | ($1,925,840) | ' | ' | ($1,463,741) | ' | ' | ($1,383,066) | ' | ' | ($2,699,389) | ' | ' | ($2,869,173) | ' | ' | ($1,525,719) | ' | ' | ($786,727) | ' | ' | $398,038 | ' | ' | $3,273,675 | ' | ' | $4,647,715 | ' | ' |
CONDENSED_STATEMENTS_OF_CASH_F
CONDENSED STATEMENTS OF CASH FLOWS (USD $) | 9 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | ||
Cash flows from operating activities: | ' | ' | |
Net income (loss) | $3,630,578 | $2,444,243 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 335,002 | 475,355 | |
Distributions from Operating Partnerships | 55,034 | 161,049 | |
Share of (income) loss from Operating Partnerships | -7,393,379 | -6,629,917 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 53,383 | 204,388 | |
Decrease (Increase) in other assets | -184,807 | -111,237 | |
(Decrease) Increase in accounts payable affiliates | -1,450,103 | -493,127 | |
Net cash (used in) provided by operating activities | -4,954,292 | -3,949,246 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | -374,399 | -23,196 | |
Proceeds from the disposition of Operating Partnerships | 9,427,839 | 8,580,155 | |
Net cash (used in) provided by investing activities | 9,053,440 | 8,556,959 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 4,099,148 | 4,607,713 | |
Cash and cash equivalents, beginning | 10,156,227 | 7,526,780 | |
Cash and cash equivalents, ending | 14,255,375 | 12,134,493 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 69,485 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 902 | 0 | |
Series Twenty [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | 628,786 | -101,198 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | -722,000 | -6,402 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | -11,667 | -4,900 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | -120,195 | -207,549 | |
Net cash (used in) provided by operating activities | -225,076 | -320,049 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 722,000 | 6,402 | |
Net cash (used in) provided by investing activities | 722,000 | 6,402 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 496,924 | -313,647 | |
Cash and cash equivalents, beginning | 158,143 | 479,690 | |
Cash and cash equivalents, ending | 655,067 | 166,043 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Twenty One [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | 16,841 | -72,143 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | -79,000 | 0 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 5,000 | -10,000 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | -30,720 | -24,690 | |
Net cash (used in) provided by operating activities | -87,879 | -106,833 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 79,000 | 0 | |
Net cash (used in) provided by investing activities | 79,000 | 0 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -8,879 | -106,833 | |
Cash and cash equivalents, beginning | 128,750 | 244,322 | |
Cash and cash equivalents, ending | 119,871 | 137,489 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Twenty Two [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -83,398 | 198,027 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | 0 | -318,670 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 53,000 | |
Decrease (Increase) in other assets | 0 | 500 | |
(Decrease) Increase in accounts payable affiliates | -37,770 | 2,786 | |
Net cash (used in) provided by operating activities | -121,168 | -64,357 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 318,670 | |
Net cash (used in) provided by investing activities | 0 | 318,670 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -121,168 | 254,313 | |
Cash and cash equivalents, beginning | 223,347 | 156,063 | |
Cash and cash equivalents, ending | 102,179 | 410,376 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Twenty Three [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -101,702 | 36,504 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | 0 | -82,930 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 7,500 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | 49,139 | 27,609 | |
Net cash (used in) provided by operating activities | -52,563 | -11,317 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 82,930 | |
Net cash (used in) provided by investing activities | 0 | 82,930 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -52,563 | 71,613 | |
Cash and cash equivalents, beginning | 172,186 | 114,217 | |
Cash and cash equivalents, ending | 119,623 | 185,830 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Twenty Four [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | 1,543,733 | 1,653,866 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | -1,544,276 | -1,754,864 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 20,000 | 7,754 | |
Decrease (Increase) in other assets | 3,422 | 0 | |
(Decrease) Increase in accounts payable affiliates | -2,468,363 | -226,411 | |
Net cash (used in) provided by operating activities | -2,445,484 | -319,655 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | -9,999 | |
Proceeds from the disposition of Operating Partnerships | 1,544,276 | 1,754,864 | |
Net cash (used in) provided by investing activities | 1,544,276 | 1,744,865 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -901,208 | 1,425,210 | |
Cash and cash equivalents, beginning | 1,726,961 | 278,922 | |
Cash and cash equivalents, ending | 825,753 | 1,704,132 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Twenty Five [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -51,325 | 2,381,458 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | 0 | -2,424,100 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 4,022 | -7,942 | |
Decrease (Increase) in other assets | 7,726 | 0 | |
(Decrease) Increase in accounts payable affiliates | 0 | -540,435 | |
Net cash (used in) provided by operating activities | -39,577 | -591,019 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 618,889 | [1] | 2,424,100 |
Net cash (used in) provided by investing activities | 618,889 | 2,424,100 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 579,312 | 1,833,081 | |
Cash and cash equivalents, beginning | 1,984,103 | 492,120 | |
Cash and cash equivalents, ending | 2,563,415 | 2,325,201 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Twenty Six [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | 2,566,749 | 1,780,080 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | -2,601,619 | -1,948,350 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 27,500 | 13,914 | |
Decrease (Increase) in other assets | 4,363 | 3,628 | |
(Decrease) Increase in accounts payable affiliates | -499,347 | -697,259 | |
Net cash (used in) provided by operating activities | -502,354 | -847,987 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | -13,197 | |
Proceeds from the disposition of Operating Partnerships | 2,601,619 | 1,948,350 | |
Net cash (used in) provided by investing activities | 2,601,619 | 1,935,153 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 2,099,265 | 1,087,166 | |
Cash and cash equivalents, beginning | 271,051 | 563,940 | |
Cash and cash equivalents, ending | 2,370,316 | 1,651,106 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Twenty Seven [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | 2,415,329 | 472,920 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 49,043 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | -2,508,394 | -582,228 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 2,500 | 8,257 | |
Decrease (Increase) in other assets | 733 | 0 | |
(Decrease) Increase in accounts payable affiliates | -204,260 | -627,915 | |
Net cash (used in) provided by operating activities | -294,092 | -679,923 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 2,508,394 | 582,228 | |
Net cash (used in) provided by investing activities | 2,508,394 | 582,228 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 2,214,302 | -97,695 | |
Cash and cash equivalents, beginning | 230,059 | 312,310 | |
Cash and cash equivalents, ending | 2,444,361 | 214,615 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Twenty Eight [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | 1,055,670 | 169,881 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | -939,495 | -44,775 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 7,500 | -5,070 | |
Decrease (Increase) in other assets | 733 | 0 | |
(Decrease) Increase in accounts payable affiliates | -49,091 | -156,099 | |
Net cash (used in) provided by operating activities | 75,317 | -36,063 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 939,495 | 44,775 | |
Net cash (used in) provided by investing activities | 939,495 | 44,775 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 1,014,812 | 8,712 | |
Cash and cash equivalents, beginning | 386,279 | 329,156 | |
Cash and cash equivalents, ending | 1,401,091 | 337,868 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Twenty Nine [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | 115,470 | -322,263 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | -344,656 | 0 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 17,500 | 0 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | 115,311 | 198,553 | |
Net cash (used in) provided by operating activities | -96,375 | -123,710 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 342,694 | [2] | 0 |
Net cash (used in) provided by investing activities | 342,694 | 0 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 246,319 | -123,710 | |
Cash and cash equivalents, beginning | 82,084 | 246,671 | |
Cash and cash equivalents, ending | 328,403 | 122,961 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Thirty [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -140,129 | -62,309 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | 0 | -72,943 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 | |
Decrease (Increase) in other assets | 0 | -5,700 | |
(Decrease) Increase in accounts payable affiliates | 116,361 | 26,276 | |
Net cash (used in) provided by operating activities | -23,768 | -114,676 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 72,943 | |
Net cash (used in) provided by investing activities | 0 | 72,943 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -23,768 | -41,733 | |
Cash and cash equivalents, beginning | 269,758 | 304,531 | |
Cash and cash equivalents, ending | 245,990 | 262,798 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Thirty One [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -218,759 | -94,676 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | -15,000 | -48,230 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 5,000 | 0 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | 248,846 | 139,336 | |
Net cash (used in) provided by operating activities | 20,087 | -3,570 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 15,000 | 48,230 | |
Net cash (used in) provided by investing activities | 15,000 | 48,230 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 35,087 | 44,660 | |
Cash and cash equivalents, beginning | 233,992 | 185,230 | |
Cash and cash equivalents, ending | 269,079 | 229,890 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Thirty Two [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -160,266 | -187,601 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | -3,428 | -1,449 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 | |
Decrease (Increase) in other assets | 0 | -1,449 | |
(Decrease) Increase in accounts payable affiliates | 204,183 | 112,571 | |
Net cash (used in) provided by operating activities | 40,489 | -77,928 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | -100,590 | 0 | |
Proceeds from the disposition of Operating Partnerships | 3,428 | 1,449 | |
Net cash (used in) provided by investing activities | -97,162 | 1,449 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -56,673 | -76,479 | |
Cash and cash equivalents, beginning | 337,905 | 429,921 | |
Cash and cash equivalents, ending | 281,232 | 353,442 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 69,485 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Thirty Three [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -98,971 | -91,974 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | 0 | 0 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | 92,556 | 17,556 | |
Net cash (used in) provided by operating activities | -6,415 | -74,418 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 0 | |
Net cash (used in) provided by investing activities | 0 | 0 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -6,415 | -74,418 | |
Cash and cash equivalents, beginning | 201,600 | 277,132 | |
Cash and cash equivalents, ending | 195,185 | 202,714 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Thirty Four [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -168,903 | -200,546 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | 0 | 0 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | 203,403 | 222,764 | |
Net cash (used in) provided by operating activities | 34,500 | 22,218 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 0 | |
Net cash (used in) provided by investing activities | 0 | 0 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 34,500 | 22,218 | |
Cash and cash equivalents, beginning | 63,811 | 14,637 | |
Cash and cash equivalents, ending | 98,311 | 36,855 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Thirty Five [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -106,768 | -141,551 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | 0 | -52,500 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 | |
Decrease (Increase) in other assets | 0 | -41,800 | |
(Decrease) Increase in accounts payable affiliates | 156,309 | 162,510 | |
Net cash (used in) provided by operating activities | 49,541 | -73,341 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 52,500 | |
Net cash (used in) provided by investing activities | 0 | 52,500 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 49,541 | -20,841 | |
Cash and cash equivalents, beginning | 101,782 | 118,570 | |
Cash and cash equivalents, ending | 151,323 | 97,729 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Thirty Six [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -99,645 | 1,210,340 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | 0 | -1,242,272 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 912 | 136,000 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | -900,640 | 70,447 | |
Net cash (used in) provided by operating activities | -999,373 | 174,515 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 1,242,272 | |
Net cash (used in) provided by investing activities | 0 | 1,242,272 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -999,373 | 1,416,787 | |
Cash and cash equivalents, beginning | 1,437,216 | 159,780 | |
Cash and cash equivalents, ending | 437,843 | 1,576,567 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Thirty Seven [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -132,905 | -138,765 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | 0 | 0 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | 153,648 | 53,648 | |
Net cash (used in) provided by operating activities | 20,743 | -85,117 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 0 | |
Net cash (used in) provided by investing activities | 0 | 0 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 20,743 | -85,117 | |
Cash and cash equivalents, beginning | 287,786 | 378,738 | |
Cash and cash equivalents, ending | 308,529 | 293,621 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Thirty Eight [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -86,830 | -136,686 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 5,260 | |
Share of (income) loss from Operating Partnerships | 0 | 24,773 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | 123,300 | 23,300 | |
Net cash (used in) provided by operating activities | 36,470 | -83,353 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 0 | |
Net cash (used in) provided by investing activities | 0 | 0 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 36,470 | -83,353 | |
Cash and cash equivalents, beginning | 175,521 | 224,156 | |
Cash and cash equivalents, ending | 211,991 | 140,803 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Thirty Nine [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -114,857 | -213,816 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 7,601 | |
Share of (income) loss from Operating Partnerships | 0 | 113,503 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | 102,600 | 52,600 | |
Net cash (used in) provided by operating activities | -12,257 | -40,112 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 0 | |
Net cash (used in) provided by investing activities | 0 | 0 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -12,257 | -40,112 | |
Cash and cash equivalents, beginning | 142,890 | 182,356 | |
Cash and cash equivalents, ending | 130,633 | 142,244 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Forty [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -175,585 | -356,593 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 0 | |
Distributions from Operating Partnerships | 0 | 0 | |
Share of (income) loss from Operating Partnerships | 0 | 190,043 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | 160,774 | 155,980 | |
Net cash (used in) provided by operating activities | -14,811 | -10,570 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 0 | |
Net cash (used in) provided by investing activities | 0 | 0 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -14,811 | -10,570 | |
Cash and cash equivalents, beginning | 92,145 | 81,751 | |
Cash and cash equivalents, ending | 77,334 | 71,181 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Forty One [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -148,182 | -645,093 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 0 | 84,978 | |
Distributions from Operating Partnerships | 0 | 2,265 | |
Share of (income) loss from Operating Partnerships | -52,000 | 357,227 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 1,667 | 0 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | 126,341 | 153,551 | |
Net cash (used in) provided by operating activities | -72,174 | -47,072 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 52,000 | 0 | |
Net cash (used in) provided by investing activities | 52,000 | 0 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -20,174 | -47,072 | |
Cash and cash equivalents, beginning | 147,099 | 194,350 | |
Cash and cash equivalents, ending | 126,925 | 147,278 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Forty Two [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -299,588 | -213,184 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 51,870 | 51,870 | |
Distributions from Operating Partnerships | 2,505 | 46,454 | |
Share of (income) loss from Operating Partnerships | 107,413 | -5,769 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | 136,525 | 37,065 | |
Net cash (used in) provided by operating activities | -1,275 | -83,564 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 0 | |
Net cash (used in) provided by investing activities | 0 | 0 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -1,275 | -83,564 | |
Cash and cash equivalents, beginning | 259,722 | 341,295 | |
Cash and cash equivalents, ending | 258,447 | 257,731 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Forty Three [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -489,085 | -394,054 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 50,094 | 50,094 | |
Distributions from Operating Partnerships | 19,470 | 42,219 | |
Share of (income) loss from Operating Partnerships | 246,350 | 153,354 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 | |
Decrease (Increase) in other assets | -12,240 | -27,435 | |
(Decrease) Increase in accounts payable affiliates | 230,085 | 205,085 | |
Net cash (used in) provided by operating activities | 44,674 | 29,263 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | -21,847 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 0 | |
Net cash (used in) provided by investing activities | -21,847 | 0 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 22,827 | 29,263 | |
Cash and cash equivalents, beginning | 244,501 | 226,214 | |
Cash and cash equivalents, ending | 267,328 | 255,477 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Forty Four [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -527,105 | -670,117 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 212,100 | 212,100 | |
Distributions from Operating Partnerships | 0 | 12,037 | |
Share of (income) loss from Operating Partnerships | 102,513 | 233,065 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | -21,551 | 0 | |
Decrease (Increase) in other assets | -45,764 | -33,539 | |
(Decrease) Increase in accounts payable affiliates | 224,343 | 188,525 | |
Net cash (used in) provided by operating activities | -55,464 | -57,929 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | -251,962 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 0 | |
Net cash (used in) provided by investing activities | -251,962 | 0 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -307,426 | -57,929 | |
Cash and cash equivalents, beginning | 342,053 | 423,458 | |
Cash and cash equivalents, ending | 34,627 | 365,529 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 902 | 0 | |
Series Forty Five [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -862,814 | -800,085 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 13,362 | 13,362 | |
Distributions from Operating Partnerships | 20,578 | 31,804 | |
Share of (income) loss from Operating Partnerships | 533,952 | 497,909 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | -5,000 | 5,875 | |
Decrease (Increase) in other assets | -143,780 | -5,442 | |
(Decrease) Increase in accounts payable affiliates | 229,413 | 49,923 | |
Net cash (used in) provided by operating activities | -214,289 | -206,654 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 1,044 | 442 | |
Net cash (used in) provided by investing activities | 1,044 | 442 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -213,245 | -206,212 | |
Cash and cash equivalents, beginning | 274,823 | 462,109 | |
Cash and cash equivalents, ending | 61,578 | 255,897 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | 0 | 0 | |
Series Forty Six [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income (loss) | -645,183 | -616,179 | |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ' | ' | |
Amortization | 7,576 | 13,908 | |
Distributions from Operating Partnerships | 12,481 | 13,409 | |
Share of (income) loss from Operating Partnerships | 426,261 | 385,691 | |
Changes in assets and liabilities | ' | ' | |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 | |
Decrease (Increase) in other assets | 0 | 0 | |
(Decrease) Increase in accounts payable affiliates | 187,146 | 87,146 | |
Net cash (used in) provided by operating activities | -11,719 | -116,025 | |
Cash flows from investing activities: | ' | ' | |
Capital contributions paid to Operating Partnerships | 0 | 0 | |
Proceeds from the disposition of Operating Partnerships | 0 | 0 | |
Net cash (used in) provided by investing activities | 0 | 0 | |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -11,719 | -116,025 | |
Cash and cash equivalents, beginning | 180,660 | 305,141 | |
Cash and cash equivalents, ending | 168,941 | 189,116 | |
Supplemental schedule of noncash investing and financing activities: | ' | ' | |
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | |
The Fund has decreased its investments in Operating Partnerships and decreased its capital contribution obligation to Operating Partnerships for tax credits not generated by the Operating Partnerships. | $0 | $0 | |
[1] | Fund proceeds from disposition include $618,889 recorded as a receivable as of March 31, 2013, for Series 25. | ||
[2] | Proceeds from disposition does not include $1,962 which was due to a writeoff of capital contribution payable for Series 29. |
ORGANIZATION
ORGANIZATION | 9 Months Ended | |||
Dec. 31, 2013 | ||||
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' | |||
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] | ' | |||
NOTE A – ORGANIZATION | ||||
Boston Capital Tax Credit Fund IV L.P. (the "Fund") was organized under the laws of the State of Delaware as of October 5, 1993, for the purpose of acquiring, holding, and disposing of limited partnership interests in operating partnerships which will acquire, develop, rehabilitate, operate and own newly constructed, existing or rehabilitated low-income apartment complexes ("Operating Partnerships"). Effective as of June 1, 2001 there was a restructuring and, as a result, the Fund's general partner was reorganized as follows. The general partner of the Fund continues to be Boston Capital Associates IV L.P., a Delaware limited partnership. The general partner of the general partner of the Fund is BCA Associates Limited Partnership, a Massachusetts limited partnership, whose sole general partner is C&M Management, Inc., a Massachusetts corporation and whose limited partners are Herbert F. Collins and John P. Manning. Mr. Manning is the principal of Boston Capital Partners, Inc. The limited partner of the general partner of the Fund is Capital Investment Holdings, a general partnership whose partners are various officers and employees of Boston Capital Partners, Inc. and its affiliates. The assignor limited partner is BCTC IV Assignor Corp., a Delaware corporation which is now wholly-owned by John P. Manning. | ||||
Pursuant to the Securities Act of 1933, the Fund filed a Form S-11 Registration Statement with the Securities and Exchange Commission, effective December 16, 1993, which covered the offering (the "Public Offering") of the Fund's beneficial assignee certificates ("BACs") representing assignments of units of the beneficial interest of the limited partnership interest of the assignor limited partner. The Fund registered 30,000,000 BACs at $10 per BAC for sale to the public in one or more series. On April 18, 1996, an amendment to Form S-11 which registered an additional 10,000,000 BACs for sale to the public in one or more series became effective. On April 2, 1998, an amendment to Form S-11, which registered an additional 25,000,000 BACs for sale to the public in one or more series, became effective. On August 31, 1999, an amendment to Form S-11, which registered an additional 8,000,000 BACs for sale to the public in one or more series, became effective. On July 26, 2000, an amendment to Form S-11, which registered an additional 7,500,000 BACs for sale to the public in one or more series, became effective. On July 24, 2001, an amendment to Form S-11, which registered an additional 7,000,000 BACs for sale to the public in one or more series, became effective. On July 24, 2002, an amendment to Form S–11, which registered an additional 7,000,000 BACs for sale to the public, became effective. On July 1, 2003, an amendment to Form S–11, which registered an additional 7,000,000 BACs for sale to the public, became effective. | ||||
Below is a summary of the BACs sold and total equity raised, by series, as of the date of this filing: | ||||
Series | Closing Date | BACs Sold | Equity Raised | |
Series 20 | June 24, 1994 | 3,866,700 | $38,667,000 | |
Series 21 | December 31, 1994 | 1,892,700 | $18,927,000 | |
Series 22 | December 28, 1994 | 2,564,400 | $25,644,000 | |
Series 23 | June 23, 1995 | 3,336,727 | $33,366,000 | |
Series 24 | September 22, 1995 | 2,169,878 | $21,697,000 | |
Series 25 | December 29, 1995 | 3,026,109 | $30,248,000 | |
Series 26 | June 25, 1996 | 3,995,900 | $39,959,000 | |
Series 27 | September 17, 1996 | 2,460,700 | $24,607,000 | |
Series 28 | January 29, 1997 | 4,000,738 | $39,999,000 | |
Series 29 | June 10, 1997 | 3,991,800 | $39,918,000 | |
Series 30 | September 10, 1997 | 2,651,000 | $26,490,750 | |
Series 31 | January 18, 1998 | 4,417,857 | $44,057,750 | |
Series 32 | June 23, 1998 | 4,754,198 | $47,431,000 | |
Series 33 | September 21, 1998 | 2,636,533 | $26,362,000 | |
Series 34 | February 11, 1999 | 3,529,319 | $35,273,000 | |
Series 35 | June 28, 1999 | 3,300,463 | $33,004,630 | |
Series 36 | September 28, 1999 | 2,106,838 | $21,068,375 | |
Series 37 | January 28, 2000 | 2,512,500 | $25,125,000 | |
Series 38 | July 31, 2000 | 2,543,100 | $25,431,000 | |
Series 39 | January 31, 2001 | 2,292,151 | $22,921,000 | |
Series 40 | July 31, 2001 | 2,630,256 | $26,269,256 | |
Series 41 | 31-Jan-02 | 2,891,626 | $28,916,260 | |
Series 42 | 31-Jul-02 | 2,744,262 | $27,442,620 | |
Series 43 | 31-Dec-02 | 3,637,987 | $36,379,870 | |
Series 44 | 30-Apr-03 | 2,701,973 | $27,019,730 | |
Series 45 | 16-Sep-03 | 4,014,367 | $40,143,670 | |
Series 46 | 19-Dec-03 | 2,980,998 | $29,809,980 | |
The Fund concluded its public offering of BACs in the Fund on December 19, 2003. | ||||
ACCOUNTING_AND_FINANCIAL_REPOR
ACCOUNTING AND FINANCIAL REPORTING POLICIES | 9 Months Ended | ||
Dec. 31, 2013 | |||
Accounting Policies [Abstract] | ' | ||
Significant Accounting Policies [Text Block] | ' | ||
NOTE B - ACCOUNTING AND FINANCIAL REPORTING POLICIES | |||
The condensed financial statements herein as of December 31, 2013 and for the three and nine months then ended have been prepared by the Fund, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. The Fund accounts for its investments in Operating Partnerships using the equity method, whereby the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. Costs incurred by the Fund in acquiring the investments in the Operating Partnerships are capitalized to the investment account. | |||
The Fund's accounting and financial reporting policies are in conformity with generally accepted accounting principles and include adjustments in interim periods considered necessary for a fair presentation of the results of operations. Such adjustments are of a normal recurring nature. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to these rules and regulations. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Fund's Annual Report on Form 10-K for the fiscal year ended March 31, 2013. | |||
Amortization | |||
Acquisition costs were originally amortized on the straight-line method over 27.5 years. During the years ended March 31, 2013 and 2012, an impairment loss of $147,078 and $1,595,113, respectively, was recorded and the lives of the remaining acquisition costs were reassessed to be 4 years. | |||
Accumulated amortization of acquisition costs by Series as of December 31, 2013 and 2012, are as follows: | |||
2013 | 2012 | ||
Series 27 | $  - | $  245,219 | |
Series 41 | - | 84,978 | |
Series 42 | 121,030 | 51,870 | |
Series 43 | 116,886 | 50,094 | |
Series 44 | 1,343,299 | 1,060,499 | |
Series 45 | 31,178 | 13,362 | |
Series 46 | Â Â Â Â 7,576 | Â Â Â 13,908 | |
$1,619,969 | $1,519,930 | ||
The annual amortization for deferred acquisition costs for the years ending December 31, 2014, 2015, 2016 and 2017 is estimated to be $446,667, $446,667, $446,667, and $111,665, respectively. | |||
RELATED_PARTY_TRANSACTIONS
RELATED PARTY TRANSACTIONS | 9 Months Ended | ||
Dec. 31, 2013 | |||
Related Party Transactions [Abstract] | ' | ||
Related Party Transactions Disclosure [Text Block] | ' | ||
NOTE C - RELATED PARTY TRANSACTIONS | |||
The Fund has entered into several transactions with various affiliates of the general partner of the Fund, including Boston Capital Holdings Limited Partnership, Boston Capital Securities, Inc., and Boston Capital Asset Management Limited Partnership as follows: | |||
An annual fund management fee of .5 percent of the aggregate cost of all apartment complexes owned by the Operating Partnerships has been accrued to Boston Capital Asset Management Limited Partnership. Since reporting fees collected by the various series were added to reserves and not paid to Boston Capital Asset Management Limited Partnership, the amounts accrued are not net of reporting fees received. The fund management fees accrued for the quarters ended December 31, 2013 and 2012, are as follows: | |||
2013 | 2012 | ||
Series 20 | $   20,361 |    $   26,817 | |
Series 21 | 15,552 | 16,770 | |
Series 22 | 16,995 | 28,824 | |
Series 23 | 22,679 | 27,602 | |
Series 24 | 19,926 | 29,661 | |
Series 25 | 11,877 | 19,760 | |
Series 26 | 49,191 | 73,299 | |
Series 27 | 48,694 | 56,731 | |
Series 28 | 68,418 | 73,197 | |
Series 29 | 74,877 | 82,851 | |
Series 30 | 38,787 | 38,787 | |
Series 31 | 82,592 | 83,127 | |
Series 32 | 68,544 | 70,857 | |
Series 33 | 30,852 | 30,852 | |
Series 34 | 64,149 | 64,149 | |
Series 35 | 50,520 | 50,520 | |
Series 36 | 33,120 | 40,149 | |
Series 37 | 51,216 | 51,216 | |
Series 38 | 41,100 | 41,100 | |
Series 39 | 34,200 | 34,200 | |
Series 40 | 50,004 | 50,004 | |
Series 41 | 59,391 | 59,517 | |
Series 42 | 62,175 | 62,175 | |
Series 43 | 76,695 | 76,695 | |
Series 44 | 71,175 | 71,175 | |
Series 45 | 90,939 | 91,641 | |
Series 46 | Â Â Â 62,382 | Â Â Â 62,382 | |
$1,316,411 | $1,414,058 | ||
The fund management fees paid for the nine months ended December 31, 2013 and 2012 are as follows: | |||
2013 | 2012 | ||
Series 20 | $Â Â 189,402 | $Â Â 288,000 | |
Series 21 | 79,000 | 75,000 | |
Series 22 | 90,375 | 99,675 | |
Series 23 | 18,900 | 62,750 | |
Series 24 | 2,540,169 | 321,742 | |
Series 25 | 35,631 | 603,807 | |
Series 26 | 661,918 | 925,250 | |
Series 27 | 364,802 | 801,000 | |
Series 28 | 258,775 | 381,775 | |
Series 29 | 131,631 | 50,000 | |
Series 30 | - | 98,000 | |
Series 31 | - | 123,230 | |
Series 32 | 1,449 | 100,000 | |
Series 33 | - | 75,000 | |
Series 36 | 1,000,000 | 50,000 | |
Series 37 | - | 100,000 | |
Series 38 | - | 100,000 | |
Series 39 | - | 50,000 | |
Series 41 | 52,000 | 25,000 | |
Series 42 | 50,000 | 150,000 | |
Series 43 | - | 25,000 | |
Series 44 | - | 25,000 | |
Series 45 | 50,442 | 225,000 | |
Series 46 | Â Â Â Â Â Â Â Â - | Â Â 100,000 | |
$5,524,494 | $4,855,229 | ||
INVESTMENTS_IN_OPERATING_PARTN
INVESTMENTS IN OPERATING PARTNERSHIPS | 9 Months Ended | |||||||||
Dec. 31, 2013 | ||||||||||
Equity Method Investments and Joint Ventures [Abstract] | ' | |||||||||
Equity Method Investments Disclosure [Text Block] | ' | |||||||||
NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS | ||||||||||
At December 31, 2013 and 2012, the Fund has limited partnership interests in 369 and 406 Operating Partnerships, respectively, which own or are constructing apartment complexes. | ||||||||||
The breakdown of Operating Partnerships within the Fund at December 31, 2013 and 2012 are as follows: | ||||||||||
2013 | 2012 | |||||||||
Series 20 | 8 | 11 | ||||||||
Series 21 | 4 | 6 | ||||||||
Series 22 | 9 | 11 | ||||||||
Series 23 | 11 | 11 | ||||||||
Series 24 | 8 | 13 | ||||||||
Series 25 | 7 | 8 | ||||||||
Series 26 | 24 | 33 | ||||||||
Series 27 | 10 | 13 | ||||||||
Series 28 | 19 | 21 | ||||||||
Series 29 | 17 | 21 | ||||||||
Series 30 | 16 | 16 | ||||||||
Series 31 | 24 | 25 | ||||||||
Series 32 | 14 | 15 | ||||||||
Series 33 | 8 | 8 | ||||||||
Series 34 | 13 | 13 | ||||||||
Series 35 | 10 | 10 | ||||||||
Series 36 | 9 | 10 | ||||||||
Series 37 | 7 | 7 | ||||||||
Series 38 | 10 | 10 | ||||||||
Series 39 | 9 | 9 | ||||||||
Series 40 | 16 | 16 | ||||||||
Series 41 | 19 | 20 | ||||||||
Series 42 | 21 | 21 | ||||||||
Series 43 | 23 | 23 | ||||||||
Series 44 | 9 | 10 | ||||||||
Series 45 | 29 | 30 | ||||||||
Series 46 | Â 15 | Â 15 | ||||||||
369 | 406 | |||||||||
Under the terms of the Fund's investment in each Operating Partnership, the Fund is required to make capital contributions to the Operating Partnerships. These contributions are payable in installments over several years upon each Operating Partnership achieving specified levels of construction and/or operations. The contributions payable at December 31, 2013 and 2012, are as follows: | ||||||||||
2013 | 2012 | |||||||||
Series 22 | $Â Â 9,352 | $Â Â Â 9,352 | ||||||||
Series 26 | 1,293 | 1,293 | ||||||||
Series 27 | 10,020 | 10,020 | ||||||||
Series 28 | 40,968 | 40,968 | ||||||||
Series 29 | 8,235 | 10,197 | ||||||||
Series 30 | 127,396 | 127,396 | ||||||||
Series 31 | 66,294 | 66,294 | ||||||||
Series 32 | 3,486 | 173,561 | ||||||||
Series 33 | 69,154 | 69,154 | ||||||||
Series 37 | 138,438 | 138,438 | ||||||||
Series 40 | 102 | 102 | ||||||||
Series 41 | 100 | 100 | ||||||||
Series 42 | 73,433 | 73,433 | ||||||||
Series 43 | 99,265 | 121,112 | ||||||||
Series 44 | Â - | Â 254,640 | ||||||||
Series 45 | Â 16,724 | Â Â Â 16,724 | ||||||||
$664,260 | $1,112,784 | |||||||||
During the nine months ended December 31, 2013 the Fund disposed of thirty Operating Partnership. The Fund also had a partial disposition of one Operating Partnership. A summary of the dispositions by Series for December 31, 2013 is as follows: | ||||||||||
Operating Partnership Interest Transferred | Sale of Underlying Operating Partnership | Partnership Proceeds from Disposition * | Gain on Disposition | |||||||
Series 20 | 3 | - | $ | 722,000 | $ | 722,000 | ||||
Series 21 | 1 | - | 79,000 | 79,000 | ||||||
Series 22 | 1 | - | - | - | ||||||
Series 24 | 2 | 3 | 1,544,276 | 1,544,276 | ||||||
Series 25 | - | - | 618,889 | - | ||||||
Series 26 | 1 | 6 | 2,601,619 | 2,601,619 | ||||||
Series 27 | 2 | 1 | 2,508,394 | 2,508,394 | ||||||
Series 28 | 1 | - | 939,495 | 939,495 | ||||||
Series 29 | 2 | 2 | 342,694 | 344,656 | ||||||
Series 31 | 1 | - | 15,000 | 15,000 | ||||||
Series 32 | 1 | - | 3,428 | 3,428 | ||||||
Series 41 | 1 | - | 52,000 | 52,000 | ||||||
Series 44 | - | 1 | - | - | ||||||
Series 45 | 1 | - | 1,044 | 1,044 | ||||||
Total | 17 | 13 | $ | 9,427,839 | $ | 8,810,912 | ||||
* Fund proceeds from disposition include $618,889 recorded as a receivable as of March 31, 2013, for Series 25. Proceeds from disposition does not include $1,962 which was due to a writeoff of capital contribution payable for Series 29. | ||||||||||
During the nine months ended December 31, 2012 the Fund disposed of thirty-nine Operating Partnerships. The Fund also received additional proceeds from six operating limited partnerships that were disposed of in the prior year of $1,263,136. A summary of the dispositions by Series for December 31, 2012 is as follows: | ||||||||||
Operating Partnership Interest Transferred | Sale of Underlying Operating Partnership | Partnership Proceeds from Disposition | Gain on Disposition | |||||||
Series 20 | 1 | - | $ | 6,402 | $ | 6,402 | ||||
Series 22 | 7 | 2 | 318,670 | 318,670 | ||||||
Series 23 | 4 | - | 82,930 | 82,930 | ||||||
Series 24 | 3 | 2 | 1,754,864 | 1,754,864 | ||||||
Series 25 | 2 | 1 | 2,424,100 | 2,424,100 | ||||||
Series 26 | 5 | 1 | 1,948,350 | 1,948,350 | ||||||
Series 27 | 1 | 1 | 582,228 | 582,228 | ||||||
Series 28 | 3 | - | 44,775 | 44,775 | ||||||
Series 30 | 1 | - | 72,943 | 72,943 | ||||||
Series 31 | 1 | - | 48,230 | 48,230 | ||||||
Series 32 | - | - | 1,449 | 1,449 | ||||||
Series 34 | 1 | - | - | - | ||||||
Series 35 | 1 | - | 52,500 | 52,500 | ||||||
Series 36 | - | 1 | 1,242,272 | 1,242,272 | ||||||
Series 42 | 1 | - | - | - | ||||||
Series 45 | - | - | 442 | 442 | ||||||
Total | 31 | 8 | $ | 8,580,155 | $ | 8,580,155 | ||||
 | ||||||||||
The gain described above is for financial statement purposes only. There are significant differences between the equity method of accounting and the tax reporting of income and losses from Operating Partnership investments. The largest difference is the ability, for tax purposes, to deduct losses in excess of the Fund’s investment in the Operating Partnership. As a result, the amount of gain recognized for tax purposes may be significantly higher than the gain recorded in the financial statements. | ||||||||||
The Fund's fiscal year ends March 31st for each year, while all the Operating Partnerships' fiscal years are the calendar year. Pursuant to the provisions of each Operating Partnership Agreement, financial results for each of the Operating Partnerships are provided to the Fund within 45 days after the close of each Operating Partnership's quarterly period. Accordingly, the current financial results available for the Operating Partnerships are for the nine months ended September 30, 2013. | ||||||||||
COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS | ||||||||||
Nine Months Ended September 30, | ||||||||||
(Unaudited) | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 96,775,255 | $Â 102,699,880 | ||||||||
Interest and other | Â Â Â 2,880,833 | Â Â Â 3,106,840 | ||||||||
  99,656,088 |  105,806,720 | |||||||||
Expenses | ||||||||||
Interest | 18,485,614 | 20,966,227 | ||||||||
Depreciation and amortization | 28,740,657 | 30,518,036 | ||||||||
Operating expenses | Â Â 63,677,809 | Â Â 67,227,357 | ||||||||
 110,904,080 |  118,711,620 | |||||||||
NET LOSS | ($11,247,992) | ($12,904,900) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
($11,135,514) | ($12,775,850) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (112,478) | $Â Â Â (129,050) | ||||||||
* Amounts include $(9,717,981) and $(10,825,612) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investmen cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 20 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 1,613,365 | $Â 1,952,970 | ||||||||
Interest and other | Â Â Â Â 47,810 | Â Â Â Â 47,041 | ||||||||
 1,661,175 |  2,000,011 | |||||||||
Expenses | ||||||||||
Interest | 304,573 | 333,465 | ||||||||
Depreciation and amortization | 410,115 | 496,280 | ||||||||
Operating expenses | Â 1,237,697 | Â 1,401,086 | ||||||||
 1,952,385 |  2,230,831 | |||||||||
NET LOSS | $Â (291,210) | $Â (230,820) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (288,298) | $Â (228,512) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (2,912) | $Â Â Â (2,308) | ||||||||
* Amounts include $(288,298) and $(228,512) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 21 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $1,420,425 | $Â 1,484,011 | ||||||||
Interest and other | Â Â Â Â 17,811 | Â Â Â Â 23,048 | ||||||||
 1,438,236 |  1,507,059 | |||||||||
Expenses | ||||||||||
Interest | 391,381 | 455,981 | ||||||||
Depreciation and amortization | 255,973 | 254,424 | ||||||||
Operating expenses | Â Â Â 793,317 | Â Â Â 893,306 | ||||||||
 1,440,671 |  1,603,711 | |||||||||
NET LOSS | $Â Â Â (2,435) | $Â Â (96,652) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â Â (2,411) | $Â Â (95,685) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â Â Â (24) | $Â Â Â Â Â (967) | ||||||||
* Amounts include $(2,411) and $(95,685) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 22 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 1,317,171 | $Â 2,111,317 | ||||||||
Interest and other | Â Â Â Â 29,434 | Â Â Â Â 59,937 | ||||||||
 1,346,605 |  2,171,254 | |||||||||
Expenses | ||||||||||
Interest | 221,714 | 363,317 | ||||||||
Depreciation and amortization | 307,676 | 617,414 | ||||||||
Operating expenses | Â 1,005,560 | Â 1,461,181 | ||||||||
 1,534,950 |  2,441,912 | |||||||||
NET LOSS | $Â (188,345) | $Â (270,658) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (186,462) | $Â (267,951) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (1,883) | $Â Â Â (2,707) | ||||||||
* Amounts include $(186,462) and $(267,951) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 23 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 2,304,215 | $Â 2,593,172 | ||||||||
Interest and other | Â Â Â Â 87,030 | Â Â Â Â 77,654 | ||||||||
 2,391,245 |  2,670,826 | |||||||||
Expenses | ||||||||||
Interest | 378,293 | 421,501 | ||||||||
Depreciation and amortization | 516,305 | 608,589 | ||||||||
Operating expenses | Â 1,807,637 | Â 1,832,296 | ||||||||
 2,702,235 |  2,862,386 | |||||||||
NET LOSS | $Â (310,990) | $Â (191,560) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (307,879) | $Â (189,643) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (3,111) | $Â Â Â (1,917) | ||||||||
* Amounts include $(307,879) and $(189,643) for 2013 and 2012, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 24 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 1,240,112 | $Â 1,871,076 | ||||||||
Interest and other | Â Â Â Â 26,262 | Â Â Â Â 55,377 | ||||||||
 1,266,374 |  1,926,453 | |||||||||
Expenses | ||||||||||
Interest | 164,731 | 298,135 | ||||||||
Depreciation and amortization | 367,577 | 450,968 | ||||||||
Operating expenses | Â Â Â 891,845 | Â 1,297,640 | ||||||||
 1,424,153 |  2,046,743 | |||||||||
NET LOSS | $Â (157,779) | $Â (120,290) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (156,201) | $Â (119,087) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (1,578) | $Â Â Â (1,203) | ||||||||
* Amounts include $(156,201) and $(119,087) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 25 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â Â 990,490 | $Â 1,552,463 | ||||||||
Interest and other | Â Â Â Â 19,601 | Â Â Â Â 52,012 | ||||||||
 1,010,091 |  1,604,475 | |||||||||
Expenses | ||||||||||
Interest | 161,238 | 290,886 | ||||||||
Depreciation and amortization | 231,048 | 349,887 | ||||||||
Operating expenses | Â Â Â 700,334 | Â 1,028,847 | ||||||||
 1,092,620 |  1,669,620 | |||||||||
NET LOSS | $Â Â (82,529) | $Â Â (65,145) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (81,704) | $Â Â (64,494) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â Â (825) | $Â Â Â Â Â (651) | ||||||||
* Amounts include $(81,704) and $(64,494) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 26 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 3,703,623 | $Â 5,628,627 | ||||||||
Interest and other | Â Â Â 147,975 | Â Â Â 227,896 | ||||||||
 3,851,598 |  5,856,523 | |||||||||
Expenses | ||||||||||
Interest | 596,996 | 992,344 | ||||||||
Depreciation and amortization | 1,123,521 | 1,498,437 | ||||||||
Operating expenses | Â 2,668,090 | Â 3,998,340 | ||||||||
 4,388,607 |  6,489,121 | |||||||||
NET LOSS | $Â (537,009) | $Â (632,598) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (531,639) | $Â (626,272) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (5,370) | $Â Â Â (6,326) | ||||||||
* Amounts include $(531,639) and $(626,272) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 27 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 3,750,599 | $Â 4,114,136 | ||||||||
Interest and other | Â Â Â Â 51,588 | Â Â Â Â 50,301 | ||||||||
 3,802,187 |  4,164,437 | |||||||||
Expenses | ||||||||||
Interest | 794,729 | 972,422 | ||||||||
Depreciation and amortization | 877,750 | 977,529 | ||||||||
Operating expenses | Â 2,165,755 | Â 2,328,696 | ||||||||
 3,838,234 |  4,278,647 | |||||||||
NET LOSS | $Â Â (36,047) | $Â (114,210) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (35,687) | $Â (113,068) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â Â (360) | $Â Â Â (1,142) | ||||||||
* Amounts include $(35,687) and $(113,068) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 28 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 5,116,918 | $Â Â 5,343,142 | ||||||||
Interest and other | Â Â Â Â 104,188 | Â Â Â Â 135,208 | ||||||||
  5,221,106 |   5,478,350 | |||||||||
Expenses | ||||||||||
Interest | 786,405 | 948,641 | ||||||||
Depreciation and amortization | 1,439,859 | 1,481,245 | ||||||||
Operating expenses | Â Â 3,364,407 | Â Â 3,467,709 | ||||||||
  5,590,671 |   5,897,595 | |||||||||
NET LOSS | $Â Â (369,565) | $Â Â (419,245) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (365,869) | $Â Â (415,053) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â (3,696) | $Â Â Â Â (4,192) | ||||||||
* Amounts include $(365,869) and $(415,053) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 29 | ||||||||||
  | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 5,180,534 | $Â Â 5,644,887 | ||||||||
Interest and other | Â Â Â Â 147,493 | Â Â Â Â 140,649 | ||||||||
  5,328,027 |   5,785,536 | |||||||||
Expenses | ||||||||||
Interest | 904,271 | 1,009,213 | ||||||||
Depreciation and amortization | 1,699,327 | 1,903,094 | ||||||||
Operating expenses | Â Â 3,478,206 | Â Â 3,731,399 | ||||||||
  6,081,804 |   6,643,706 | |||||||||
NET LOSS | $Â Â (753,777) | $Â Â (858,170) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (746,239) | $Â Â (849,588) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â (7,538) | $Â Â Â Â (8,582) | ||||||||
* Amounts include $(746,239) and $(849,588) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 30 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 3,414,053 | $Â 3,430,602 | ||||||||
Interest and other | Â Â Â Â 68,890 | Â Â Â Â 53,325 | ||||||||
 3,482,943 |  3,483,927 | |||||||||
Expenses | ||||||||||
Interest | 450,721 | 512,340 | ||||||||
Depreciation and amortization | 786,745 | 743,984 | ||||||||
Operating expenses | Â 2,722,588 | Â 2,697,513 | ||||||||
 3,960,054 |  3,953,837 | |||||||||
NET LOSS | $Â (477,111) | $Â (469,910) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (472,340) | $Â (465,211) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (4,771) | $Â Â Â (4,699) | ||||||||
* Amounts include $(472,340) and $(465,211) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
 Series 31 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 7,449,157 | $Â Â 7,651,490 | ||||||||
Interest and other | Â Â Â Â 277,703 | Â Â Â Â 233,215 | ||||||||
  7,726,860 |   7,884,705 | |||||||||
Expenses | ||||||||||
Interest | 1,086,482 | 1,237,764 | ||||||||
Depreciation and amortization | 2,183,640 | 2,183,998 | ||||||||
Operating expenses | Â Â 5,006,692 | Â Â 4,985,039 | ||||||||
  8,276,814 |   8,406,801 | |||||||||
NET LOSS | $Â Â (549,954) | $Â Â (522,096) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (544,454) | $Â Â (516,875) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â (5,500) | $Â Â Â Â (5,221) | ||||||||
* Amounts include $(544,454) and $(516,875) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 32 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 4,360,111 | $Â Â 4,406,448 | ||||||||
Interest and other | Â Â Â Â 160,277 | Â Â Â Â 139,384 | ||||||||
  4,520,388 |   4,545,832 | |||||||||
Expenses | ||||||||||
Interest | 836,418 | 910,403 | ||||||||
Depreciation and amortization | 1,589,992 | 1,595,582 | ||||||||
Operating expenses | Â Â 2,940,274 | Â Â 2,980,118 | ||||||||
  5,366,684 |   5,486,103 | |||||||||
NET LOSS | $Â Â (846,296) | $Â Â (940,271) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (837,833) | $Â Â (930,868) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â (8,463) | $Â Â Â Â (9,403) | ||||||||
* Amounts include $(837,833) and $(930,868) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 33 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 2,100,677 | $Â 2,035,789 | ||||||||
Interest and other | Â Â Â Â 92,338 | Â Â Â Â 82,610 | ||||||||
 2,193,015 |  2,118,399 | |||||||||
Expenses | ||||||||||
Interest | 444,559 | 497,574 | ||||||||
Depreciation and amortization | 667,600 | 657,361 | ||||||||
Operating expenses | Â 1,308,069 | Â 1,278,556 | ||||||||
 2,420,228 |  2,433,491 | |||||||||
NET LOSS | $Â (227,213) | $Â (315,092) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (224,941) | $Â (311,942) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (2,272) | $Â Â Â (3,150) | ||||||||
* Amounts include $(224,941) and $(311,942) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 34 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 4,320,147 | $Â 4,291,153 | ||||||||
Interest and other | Â Â Â 135,796 | Â Â Â 149,976 | ||||||||
 4,455,943 |  4,441,129 | |||||||||
Expenses | ||||||||||
Interest | 636,784 | 727,171 | ||||||||
Depreciation and amortization | 1,408,564 | 1,450,143 | ||||||||
Operating expenses | Â 2,888,848 | Â 3,034,474 | ||||||||
 4,934,196 |  5,211,788 | |||||||||
NET LOSS | $Â (478,253) | $Â (770,659) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (473,470) | $Â (762,952) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (4,783) | $Â Â Â (7,707) | ||||||||
* Amounts include $(473,470) and $(762,952) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 35 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 3,321,007 | $Â 3,415,277 | ||||||||
Interest and other | Â Â Â 111,336 | Â Â Â 111,676 | ||||||||
 3,432,343 |  3,526,953 | |||||||||
Expenses | ||||||||||
Interest | 601,131 | 688,745 | ||||||||
Depreciation and amortization | 1,065,218 | 1,138,282 | ||||||||
Operating expenses | Â 2,058,703 | Â 2,223,655 | ||||||||
 3,725,052 |  4,050,682 | |||||||||
NET LOSS | $Â (292,709) | $Â (523,729) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (289,782) | $Â (518,492) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (2,927) | $Â Â Â (5,237) | ||||||||
* Amounts include $(289,782) and $(518,492) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 36 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 2,226,451 | $Â 2,532,370 | ||||||||
Interest and other | Â Â Â Â 54,862 | Â Â Â Â 51,275 | ||||||||
 2,281,313 |  2,583,645 | |||||||||
Expenses | ||||||||||
Interest | 422,755 | 565,438 | ||||||||
Depreciation and amortization | 681,862 | 743,430 | ||||||||
Operating expenses | Â 1,486,517 | Â 1,562,686 | ||||||||
 2,591,134 |  2,871,554 | |||||||||
NET LOSS | $Â (309,821) | $Â (287,909) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (306,723) | $Â (285,030) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (3,098) | $Â Â Â (2,879) | ||||||||
* Amounts include $(306,723) and $(285,030) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 37 | ||||||||||
  | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 3,425,506 | $Â 3,318,593 | ||||||||
Interest and other | Â Â Â Â 89,176 | Â Â Â Â 89,776 | ||||||||
 3,514,682 |  3,408,369 | |||||||||
Expenses | ||||||||||
Interest | 534,400 | 530,200 | ||||||||
Depreciation and amortization | 1,186,940 | 1,198,841 | ||||||||
Operating expenses | Â 2,482,082 | Â 2,478,697 | ||||||||
 4,203,422 |  4,207,738 | |||||||||
NET LOSS | $Â (688,740) | $Â (799,369) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (681,853) | $Â (791,375) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (6,887) | $Â Â Â (7,994) | ||||||||
* Amounts include $(681,853) and $(791,375) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 38 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 2,742,355 | $Â 2,653,395 | ||||||||
Interest and other | Â Â Â Â 64,713 | Â Â Â Â 95,170 | ||||||||
 2,807,068 |  2,748,565 | |||||||||
Expenses | ||||||||||
Interest | 545,786 | 582,746 | ||||||||
Depreciation and amortization | 791,171 | 845,098 | ||||||||
Operating expenses | Â 1,776,638 | Â 1,774,936 | ||||||||
 3,113,595 |  3,202,780 | |||||||||
NET LOSS | $Â (306,527) | $Â (454,215) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (303,462) | $Â (449,673) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (3,065) | $Â Â Â (4,542) | ||||||||
* Amounts include $(303,462) and $(424,900) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 39 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 2,051,267 | $Â 1,917,038 | ||||||||
Interest and other | Â Â Â Â 74,127 | Â Â Â 103,481 | ||||||||
 2,125,394 |  2,020,519 | |||||||||
Expenses | ||||||||||
Interest | 381,191 | 379,418 | ||||||||
Depreciation and amortization | 658,304 | 713,451 | ||||||||
Operating expenses | Â 1,419,540 | Â 1,385,752 | ||||||||
 2,459,035 |  2,478,621 | |||||||||
NET LOSS | $Â (333,641) | $Â (458,102) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (330,305) | $Â (453,521) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (3,336) | $Â Â Â (4,581) | ||||||||
* Amounts include $(330,305) and $(340,018) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 40 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 3,077,919 | $Â 3,308,765 | ||||||||
Interest and other | Â Â Â Â 74,743 | Â Â Â Â 77,738 | ||||||||
 3,152,662 |  3,386,503 | |||||||||
Expenses | ||||||||||
Interest | 680,754 | 669,553 | ||||||||
Depreciation and amortization | 989,733 | 1,016,943 | ||||||||
Operating expenses | Â 2,119,148 | Â 2,138,723 | ||||||||
 3,789,635 |  3,825,219 | |||||||||
NET LOSS | $Â (636,973) | $Â (438,716) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (630,603) | $Â (434,329) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (6,370) | $Â Â Â (4,387) | ||||||||
* Amounts include $(630,603) and $(244,286) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 41 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 4,184,645 | $Â 4,172,724 | ||||||||
Interest and other | Â Â Â 109,707 | Â Â Â 133,413 | ||||||||
 4,294,352 |  4,306,137 | |||||||||
Expenses | ||||||||||
Interest | 875,912 | 935,899 | ||||||||
Depreciation and amortization | 1,676,222 | 1,641,881 | ||||||||
Operating expenses | Â 2,391,198 | Â 2,364,724 | ||||||||
 4,943,332 |  4,942,504 | |||||||||
NET LOSS | $Â (648,980) | $Â (636,367) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (642,490) | $Â (630,003) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (6,490) | $Â Â Â (6,364) | ||||||||
* Amounts include $(642,490) and $(272,776) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 42 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 4,642,261 | $Â 4,605,637 | ||||||||
Interest and other | Â Â Â 151,839 | Â Â Â 167,432 | ||||||||
 4,794,100 |  4,773,069 | |||||||||
Expenses | ||||||||||
Interest | 962,345 | 1,026,347 | ||||||||
Depreciation and amortization | 1,308,459 | 1,323,780 | ||||||||
Operating expenses | Â 2,799,018 | Â 2,708,685 | ||||||||
 5,069,822 |  5,058,812 | |||||||||
NET LOSS | $Â (275,722) | $Â (285,743) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (272,965) | $Â (282,886) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (2,757) | $Â Â Â (2,857) | ||||||||
* Amounts include $(165,552) and $(288,655) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 43 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 5,716,863 | $Â 5,517,463 | ||||||||
Interest and other | Â Â Â 178,429 | Â Â Â 151,927 | ||||||||
 5,895,292 |  5,669,390 | |||||||||
Expenses | ||||||||||
Interest | 1,102,099 | 1,104,215 | ||||||||
Depreciation and amortization | 1,712,649 | 1,743,561 | ||||||||
Operating expenses | Â 3,372,052 | Â 3,300,449 | ||||||||
 6,186,800 |  6,148,225 | |||||||||
NET LOSS | $Â (291,508) | $Â (478,835) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (288,593) | $Â (474,047) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (2,915) | $Â Â Â (4,788) | ||||||||
* Amounts include $(42,243) and $(320,693) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
Series 44 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 5,846,657 | $Â Â 5,669,739 | ||||||||
Interest and other | Â Â Â Â 211,036 | Â Â Â Â 219,116 | ||||||||
  6,057,693 |   5,888,855 | |||||||||
Expenses | ||||||||||
Interest | 1,776,274 | 1,828,807 | ||||||||
Depreciation and amortization | 1,725,913 | 1,716,055 | ||||||||
Operating expenses | Â Â 3,431,350 | Â Â 3,576,873 | ||||||||
  6,933,537 |   7,121,735 | |||||||||
NET LOSS | $Â Â (875,844) | ($1,232,880) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (867,086) | ($1,220,551) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â (8,758) | $Â Â Â (12,329) | ||||||||
* Amounts include $(764,573) and $(987,486) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
 Series 45 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 7,151,010 | $Â Â 7,417,902 | ||||||||
Interest and other | Â Â Â Â 191,009 | Â Â Â Â 234,461 | ||||||||
  7,342,019 |   7,652,363 | |||||||||
Expenses | ||||||||||
Interest | 1,511,863 | 1,685,914 | ||||||||
Depreciation and amortization | 2,080,236 | 2,130,427 | ||||||||
Operating expenses | Â Â 4,598,368 | Â Â 4,738,094 | ||||||||
  8,190,467 |   8,554,435 | |||||||||
NET LOSS | $Â Â (848,448) | $Â Â (902,072) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (839,964) | $Â Â (893,051) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â (8,484) | $Â Â Â Â (9,021) | ||||||||
* Amounts include $(304,968) and $(394,700) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
 Series 46 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 4,107,717 | $Â 4,059,694 | ||||||||
Interest and other | Â Â Â 155,660 | Â Â Â 143,742 | ||||||||
 4,263,377 |  4,203,436 | |||||||||
Expenses | ||||||||||
Interest | 931,809 | 997,788 | ||||||||
Depreciation and amortization | 998,258 | 1,037,352 | ||||||||
Operating expenses | Â 2,763,876 | Â 2,557,883 | ||||||||
 4,693,943 |  4,593,023 | |||||||||
NET LOSS | $Â (430,566) | $Â (389,587) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (426,261) | $Â (385,691) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (4,305) | $Â Â Â (3,896) | ||||||||
  | ||||||||||
The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. | ||||||||||
TAXABLE_LOSS
TAXABLE LOSS | 9 Months Ended |
Dec. 31, 2013 | |
Taxable Loss [Abstract] | ' |
Taxable Loss [Text Block] | ' |
NOTE E - TAXABLE LOSS | |
The Fund's taxable loss for calendar year ended December 31, 2013 is expected to differ from its loss for financial reporting purposes. This is primarily due to accounting differences in depreciation incurred by the Operating Partnerships and also differences between the equity method of accounting and the IRS accounting methods. | |
INCOME_TAXES
INCOME TAXES | 9 Months Ended |
Dec. 31, 2013 | |
Income Taxes Disclosure [Abstract] | ' |
Income Tax Relating To Partnership Disclosure [Text Block] | ' |
NOTE F - INCOME TAXES | |
The Fund has elected to be treated as a pass-through entity for income tax purposes and, as such, is not subject to income taxes. Rather, all items of taxable income, deductions and tax credits are passed through to and are reported by its owners on their respective income tax returns. The Fund’s federal tax status as a pass-through entity is based on its legal status as a partnership. Accordingly, the Fund is not required to take any tax positions in order to qualify as a pass-through entity. The Fund is required to file and does file tax returns with the Internal Revenue Service and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Fund has no other tax positions, which must be considered for disclosure. Income tax returns filed by the Fund are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2010 remain open. | |
SUBSEQUENT_EVENTS
SUBSEQUENT EVENTS | 9 Months Ended |
Dec. 31, 2013 | |
Subsequent Events [Abstract] | ' |
Subsequent Events [Text Block] | ' |
NOTE G - SUBSEQUENT EVENTS | |
The Fund has entered into an agreement to dispose of the interest in one Operating Partnership. The estimated disposition price and other terms for the disposition of the Operating Partnership have been determined. The estimated proceeds to be received for the Operating Partnership is $100,000, the estimated gain on the sale of the Operating Partnership is $95,000, and the disposition is expected to be recognized in the fourth quarter of fiscal year 2014. | |
ORGANIZATION_Tables
ORGANIZATION (Tables) | 9 Months Ended | |||
Dec. 31, 2013 | ||||
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' | |||
Schedule of Limited Partners' Capital Account by Class [Table Text Block] | ' | |||
Below is a summary of the BACs sold and total equity raised, by series, as of the date of this filing: | ||||
Series | Closing Date | BACs Sold | Equity Raised | |
Series 20 | June 24, 1994 | 3,866,700 | $38,667,000 | |
Series 21 | December 31, 1994 | 1,892,700 | $18,927,000 | |
Series 22 | December 28, 1994 | 2,564,400 | $25,644,000 | |
Series 23 | June 23, 1995 | 3,336,727 | $33,366,000 | |
Series 24 | September 22, 1995 | 2,169,878 | $21,697,000 | |
Series 25 | December 29, 1995 | 3,026,109 | $30,248,000 | |
Series 26 | June 25, 1996 | 3,995,900 | $39,959,000 | |
Series 27 | September 17, 1996 | 2,460,700 | $24,607,000 | |
Series 28 | January 29, 1997 | 4,000,738 | $39,999,000 | |
Series 29 | June 10, 1997 | 3,991,800 | $39,918,000 | |
Series 30 | September 10, 1997 | 2,651,000 | $26,490,750 | |
Series 31 | January 18, 1998 | 4,417,857 | $44,057,750 | |
Series 32 | June 23, 1998 | 4,754,198 | $47,431,000 | |
Series 33 | September 21, 1998 | 2,636,533 | $26,362,000 | |
Series 34 | February 11, 1999 | 3,529,319 | $35,273,000 | |
Series 35 | June 28, 1999 | 3,300,463 | $33,004,630 | |
Series 36 | September 28, 1999 | 2,106,838 | $21,068,375 | |
Series 37 | January 28, 2000 | 2,512,500 | $25,125,000 | |
Series 38 | July 31, 2000 | 2,543,100 | $25,431,000 | |
Series 39 | January 31, 2001 | 2,292,151 | $22,921,000 | |
Series 40 | July 31, 2001 | 2,630,256 | $26,269,256 | |
Series 41 | 31-Jan-02 | 2,891,626 | $28,916,260 | |
Series 42 | 31-Jul-02 | 2,744,262 | $27,442,620 | |
Series 43 | 31-Dec-02 | 3,637,987 | $36,379,870 | |
Series 44 | 30-Apr-03 | 2,701,973 | $27,019,730 | |
Series 45 | 16-Sep-03 | 4,014,367 | $40,143,670 | |
Series 46 | 19-Dec-03 | 2,980,998 | $29,809,980 | |
ACCOUNTING_AND_FINANCIAL_REPOR1
ACCOUNTING AND FINANCIAL REPORTING POLICIES (Tables) | 9 Months Ended | ||
Dec. 31, 2013 | |||
Accounting Policies [Abstract] | ' | ||
Schedule Of Accumulated Amortization Of Acquisition Costs [Table Text Block] | ' | ||
Accumulated amortization of acquisition costs by Series as of December 31, 2013 and 2012, are as follows: | |||
2013 | 2012 | ||
Series 27 | $  - | $  245,219 | |
Series 41 | - | 84,978 | |
Series 42 | 121,030 | 51,870 | |
Series 43 | 116,886 | 50,094 | |
Series 44 | 1,343,299 | 1,060,499 | |
Series 45 | 31,178 | 13,362 | |
Series 46 | Â Â Â Â 7,576 | Â Â Â 13,908 | |
$1,619,969 | $1,519,930 | ||
RELATED_PARTY_TRANSACTIONS_Tab
RELATED PARTY TRANSACTIONS (Tables) | 9 Months Ended | ||
Dec. 31, 2013 | |||
Related Party Transactions [Abstract] | ' | ||
Schedule Of Gross Management Fee [Table Text Block] | ' | ||
The fund management fees accrued for the quarters ended December 31, 2013 and 2012, are as follows: | |||
2013 | 2012 | ||
Series 20 | $   20,361 |    $   26,817 | |
Series 21 | 15,552 | 16,770 | |
Series 22 | 16,995 | 28,824 | |
Series 23 | 22,679 | 27,602 | |
Series 24 | 19,926 | 29,661 | |
Series 25 | 11,877 | 19,760 | |
Series 26 | 49,191 | 73,299 | |
Series 27 | 48,694 | 56,731 | |
Series 28 | 68,418 | 73,197 | |
Series 29 | 74,877 | 82,851 | |
Series 30 | 38,787 | 38,787 | |
Series 31 | 82,592 | 83,127 | |
Series 32 | 68,544 | 70,857 | |
Series 33 | 30,852 | 30,852 | |
Series 34 | 64,149 | 64,149 | |
Series 35 | 50,520 | 50,520 | |
Series 36 | 33,120 | 40,149 | |
Series 37 | 51,216 | 51,216 | |
Series 38 | 41,100 | 41,100 | |
Series 39 | 34,200 | 34,200 | |
Series 40 | 50,004 | 50,004 | |
Series 41 | 59,391 | 59,517 | |
Series 42 | 62,175 | 62,175 | |
Series 43 | 76,695 | 76,695 | |
Series 44 | 71,175 | 71,175 | |
Series 45 | 90,939 | 91,641 | |
Series 46 | Â Â Â 62,382 | Â Â Â 62,382 | |
$1,316,411 | $1,414,058 | ||
Schedule Of Management Fees Paid [Table Text Block] | ' | ||
The fund management fees paid for the nine months ended December 31, 2013 and 2012 are as follows: | |||
2013 | 2012 | ||
Series 20 | $Â Â 189,402 | $Â Â 288,000 | |
Series 21 | 79,000 | 75,000 | |
Series 22 | 90,375 | 99,675 | |
Series 23 | 18,900 | 62,750 | |
Series 24 | 2,540,169 | 321,742 | |
Series 25 | 35,631 | 603,807 | |
Series 26 | 661,918 | 925,250 | |
Series 27 | 364,802 | 801,000 | |
Series 28 | 258,775 | 381,775 | |
Series 29 | 131,631 | 50,000 | |
Series 30 | - | 98,000 | |
Series 31 | - | 123,230 | |
Series 32 | 1,449 | 100,000 | |
Series 33 | - | 75,000 | |
Series 36 | 1,000,000 | 50,000 | |
Series 37 | - | 100,000 | |
Series 38 | - | 100,000 | |
Series 39 | - | 50,000 | |
Series 41 | 52,000 | 25,000 | |
Series 42 | 50,000 | 150,000 | |
Series 43 | - | 25,000 | |
Series 44 | - | 25,000 | |
Series 45 | 50,442 | 225,000 | |
Series 46 | Â Â Â Â Â Â Â Â - | Â Â 100,000 | |
$5,524,494 | $4,855,229 | ||
INVESTMENTS_IN_OPERATING_PARTN1
INVESTMENTS IN OPERATING PARTNERSHIPS (Tables) | 9 Months Ended | |||||||||
Dec. 31, 2013 | ||||||||||
Equity Method Investments and Joint Ventures [Abstract] | ' | |||||||||
Schedule Of Number Of Operating Partnerships [Table Text Block] | ' | |||||||||
The breakdown of Operating Partnerships within the Fund at December 31, 2013 and 2012 are as follows: | ||||||||||
2013 | 2012 | |||||||||
Series 20 | 8 | 11 | ||||||||
Series 21 | 4 | 6 | ||||||||
Series 22 | 9 | 11 | ||||||||
Series 23 | 11 | 11 | ||||||||
Series 24 | 8 | 13 | ||||||||
Series 25 | 7 | 8 | ||||||||
Series 26 | 24 | 33 | ||||||||
Series 27 | 10 | 13 | ||||||||
Series 28 | 19 | 21 | ||||||||
Series 29 | 17 | 21 | ||||||||
Series 30 | 16 | 16 | ||||||||
Series 31 | 24 | 25 | ||||||||
Series 32 | 14 | 15 | ||||||||
Series 33 | 8 | 8 | ||||||||
Series 34 | 13 | 13 | ||||||||
Series 35 | 10 | 10 | ||||||||
Series 36 | 9 | 10 | ||||||||
Series 37 | 7 | 7 | ||||||||
Series 38 | 10 | 10 | ||||||||
Series 39 | 9 | 9 | ||||||||
Series 40 | 16 | 16 | ||||||||
Series 41 | 19 | 20 | ||||||||
Series 42 | 21 | 21 | ||||||||
Series 43 | 23 | 23 | ||||||||
Series 44 | 9 | 10 | ||||||||
Series 45 | 29 | 30 | ||||||||
Series 46 | Â 15 | Â 15 | ||||||||
369 | 406 | |||||||||
Schedule Of Contributions Payable [Table Text Block] | ' | |||||||||
The contributions payable at December 31, 2013 and 2012, are as follows: | ||||||||||
2013 | 2012 | |||||||||
Series 22 | $Â Â 9,352 | $Â Â Â 9,352 | ||||||||
Series 26 | 1,293 | 1,293 | ||||||||
Series 27 | 10,020 | 10,020 | ||||||||
Series 28 | 40,968 | 40,968 | ||||||||
Series 29 | 8,235 | 10,197 | ||||||||
Series 30 | 127,396 | 127,396 | ||||||||
Series 31 | 66,294 | 66,294 | ||||||||
Series 32 | 3,486 | 173,561 | ||||||||
Series 33 | 69,154 | 69,154 | ||||||||
Series 37 | 138,438 | 138,438 | ||||||||
Series 40 | 102 | 102 | ||||||||
Series 41 | 100 | 100 | ||||||||
Series 42 | 73,433 | 73,433 | ||||||||
Series 43 | 99,265 | 121,112 | ||||||||
Series 44 | Â - | Â 254,640 | ||||||||
Series 45 | Â 16,724 | Â Â Â 16,724 | ||||||||
$664,260 | $1,112,784 | |||||||||
Schedule Of Dispositions By Series [Table Text Block] | ' | |||||||||
During the nine months ended December 31, 2013 the Fund disposed of thirty Operating Partnership. The Fund also had a partial disposition of one Operating Partnership. A summary of the dispositions by Series for December 31, 2013 is as follows: | ||||||||||
Operating Partnership Interest Transferred | Sale of Underlying Operating Partnership | Partnership Proceeds from Disposition * | Gain on Disposition | |||||||
Series 20 | 3 | - | $ | 722,000 | $ | 722,000 | ||||
Series 21 | 1 | - | 79,000 | 79,000 | ||||||
Series 22 | 1 | - | - | - | ||||||
Series 24 | 2 | 3 | 1,544,276 | 1,544,276 | ||||||
Series 25 | - | - | 618,889 | - | ||||||
Series 26 | 1 | 6 | 2,601,619 | 2,601,619 | ||||||
Series 27 | 2 | 1 | 2,508,394 | 2,508,394 | ||||||
Series 28 | 1 | - | 939,495 | 939,495 | ||||||
Series 29 | 2 | 2 | 342,694 | 344,656 | ||||||
Series 31 | 1 | - | 15,000 | 15,000 | ||||||
Series 32 | 1 | - | 3,428 | 3,428 | ||||||
Series 41 | 1 | - | 52,000 | 52,000 | ||||||
Series 44 | - | 1 | - | - | ||||||
Series 45 | 1 | - | 1,044 | 1,044 | ||||||
Total | 17 | 13 | $ | 9,427,839 | $ | 8,810,912 | ||||
* Fund proceeds from disposition include $618,889 recorded as a receivable as of March 31, 2013, for Series 25. Proceeds from disposition does not include $1,962 which was due to a writeoff of capital contribution payable for Series 29. | ||||||||||
During the nine months ended December 31, 2012 the Fund disposed of thirty-nine Operating Partnerships. The Fund also received additional proceeds from six operating limited partnerships that were disposed of in the prior year of $1,263,136. A summary of the dispositions by Series for December 31, 2012 is as follows: | ||||||||||
Operating Partnership Interest Transferred | Sale of Underlying Operating Partnership | Partnership Proceeds from Disposition | Gain on Disposition | |||||||
Series 20 | 1 | - | $ | 6,402 | $ | 6,402 | ||||
Series 22 | 7 | 2 | 318,670 | 318,670 | ||||||
Series 23 | 4 | - | 82,930 | 82,930 | ||||||
Series 24 | 3 | 2 | 1,754,864 | 1,754,864 | ||||||
Series 25 | 2 | 1 | 2,424,100 | 2,424,100 | ||||||
Series 26 | 5 | 1 | 1,948,350 | 1,948,350 | ||||||
Series 27 | 1 | 1 | 582,228 | 582,228 | ||||||
Series 28 | 3 | - | 44,775 | 44,775 | ||||||
Series 30 | 1 | - | 72,943 | 72,943 | ||||||
Series 31 | 1 | - | 48,230 | 48,230 | ||||||
Series 32 | - | - | 1,449 | 1,449 | ||||||
Series 34 | 1 | - | - | - | ||||||
Series 35 | 1 | - | 52,500 | 52,500 | ||||||
Series 36 | - | 1 | 1,242,272 | 1,242,272 | ||||||
Series 42 | 1 | - | - | - | ||||||
Series 45 | - | - | 442 | 442 | ||||||
Total | 31 | 8 | $ | 8,580,155 | $ | 8,580,155 | ||||
Schedule Of Summarized Statement Of Operations In Operating Partnerships [Table Text Block] | ' | |||||||||
Accordingly, the current financial results available for the Operating Partnerships are for the nine months ended September 30, 2013. | ||||||||||
COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS | ||||||||||
Nine Months Ended September 30, | ||||||||||
(Unaudited) | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 96,775,255 | $Â 102,699,880 | ||||||||
Interest and other | Â Â Â 2,880,833 | Â Â Â 3,106,840 | ||||||||
  99,656,088 |  105,806,720 | |||||||||
Expenses | ||||||||||
Interest | 18,485,614 | 20,966,227 | ||||||||
Depreciation and amortization | 28,740,657 | 30,518,036 | ||||||||
Operating expenses | Â Â 63,677,809 | Â Â 67,227,357 | ||||||||
 110,904,080 |  118,711,620 | |||||||||
NET LOSS | ($11,247,992) | ($12,904,900) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
($11,135,514) | ($12,775,850) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (112,478) | $Â Â Â (129,050) | ||||||||
* Amounts include $(9,717,981) and $(10,825,612) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 20 | ||||||||||
  | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 1,613,365 | $Â 1,952,970 | ||||||||
Interest and other | Â Â Â Â 47,810 | Â Â Â Â 47,041 | ||||||||
 1,661,175 |  2,000,011 | |||||||||
Expenses | ||||||||||
Interest | 304,573 | 333,465 | ||||||||
Depreciation and amortization | 410,115 | 496,280 | ||||||||
Operating expenses | Â 1,237,697 | Â 1,401,086 | ||||||||
 1,952,385 |  2,230,831 | |||||||||
NET LOSS | $Â (291,210) | $Â (230,820) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (288,298) | $Â (228,512) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (2,912) | $Â Â Â (2,308) | ||||||||
* Amounts include $(288,298) and $(228,512) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 21 | ||||||||||
  | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $1,420,425 | $Â 1,484,011 | ||||||||
Interest and other | Â Â Â Â 17,811 | Â Â Â Â 23,048 | ||||||||
 1,438,236 |  1,507,059 | |||||||||
Expenses | ||||||||||
Interest | 391,381 | 455,981 | ||||||||
Depreciation and amortization | 255,973 | 254,424 | ||||||||
Operating expenses | Â Â Â 793,317 | Â Â Â 893,306 | ||||||||
 1,440,671 |  1,603,711 | |||||||||
NET LOSS | $Â Â Â (2,435) | $Â Â (96,652) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â Â (2,411) | $Â Â (95,685) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â Â Â (24) | $Â Â Â Â Â (967) | ||||||||
* Amounts include $(2,411) and $(95,685) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 22 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 1,317,171 | $Â 2,111,317 | ||||||||
Interest and other | Â Â Â Â 29,434 | Â Â Â Â 59,937 | ||||||||
 1,346,605 |  2,171,254 | |||||||||
Expenses | ||||||||||
Interest | 221,714 | 363,317 | ||||||||
Depreciation and amortization | 307,676 | 617,414 | ||||||||
Operating expenses | Â 1,005,560 | Â 1,461,181 | ||||||||
 1,534,950 |  2,441,912 | |||||||||
NET LOSS | $Â (188,345) | $Â (270,658) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (186,462) | $Â (267,951) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (1,883) | $Â Â Â (2,707) | ||||||||
* Amounts include $(186,462) and $(267,951) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 23 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 2,304,215 | $Â 2,593,172 | ||||||||
Interest and other | Â Â Â Â 87,030 | Â Â Â Â 77,654 | ||||||||
 2,391,245 |  2,670,826 | |||||||||
Expenses | ||||||||||
Interest | 378,293 | 421,501 | ||||||||
Depreciation and amortization | 516,305 | 608,589 | ||||||||
Operating expenses | Â 1,807,637 | Â 1,832,296 | ||||||||
 2,702,235 |  2,862,386 | |||||||||
NET LOSS | $Â (310,990) | $Â (191,560) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (307,879) | $Â (189,643) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (3,111) | $Â Â Â (1,917) | ||||||||
* Amounts include $(307,879) and $(189,643) for 2013 and 2012, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 24 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 1,240,112 | $Â 1,871,076 | ||||||||
Interest and other | Â Â Â Â 26,262 | Â Â Â Â 55,377 | ||||||||
 1,266,374 |  1,926,453 | |||||||||
Expenses | ||||||||||
Interest | 164,731 | 298,135 | ||||||||
Depreciation and amortization | 367,577 | 450,968 | ||||||||
Operating expenses | Â Â Â 891,845 | Â 1,297,640 | ||||||||
 1,424,153 |  2,046,743 | |||||||||
NET LOSS | $Â (157,779) | $Â (120,290) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (156,201) | $Â (119,087) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (1,578) | $Â Â Â (1,203) | ||||||||
* Amounts include $(156,201) and $(119,087) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 25 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â Â 990,490 | $Â 1,552,463 | ||||||||
Interest and other | Â Â Â Â 19,601 | Â Â Â Â 52,012 | ||||||||
 1,010,091 |  1,604,475 | |||||||||
Expenses | ||||||||||
Interest | 161,238 | 290,886 | ||||||||
Depreciation and amortization | 231,048 | 349,887 | ||||||||
Operating expenses | Â Â Â 700,334 | Â 1,028,847 | ||||||||
 1,092,620 |  1,669,620 | |||||||||
NET LOSS | $Â Â (82,529) | $Â Â (65,145) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (81,704) | $Â Â (64,494) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â Â (825) | $Â Â Â Â Â (651) | ||||||||
* Amounts include $(81,704) and $(64,494) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 26 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 3,703,623 | $Â 5,628,627 | ||||||||
Interest and other | Â Â Â 147,975 | Â Â Â 227,896 | ||||||||
 3,851,598 |  5,856,523 | |||||||||
Expenses | ||||||||||
Interest | 596,996 | 992,344 | ||||||||
Depreciation and amortization | 1,123,521 | 1,498,437 | ||||||||
Operating expenses | Â 2,668,090 | Â 3,998,340 | ||||||||
 4,388,607 |  6,489,121 | |||||||||
NET LOSS | $Â (537,009) | $Â (632,598) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (531,639) | $Â (626,272) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (5,370) | $Â Â Â (6,326) | ||||||||
* Amounts include $(531,639) and $(626,272) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 27 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 3,750,599 | $Â 4,114,136 | ||||||||
Interest and other | Â Â Â Â 51,588 | Â Â Â Â 50,301 | ||||||||
 3,802,187 |  4,164,437 | |||||||||
Expenses | ||||||||||
Interest | 794,729 | 972,422 | ||||||||
Depreciation and amortization | 877,750 | 977,529 | ||||||||
Operating expenses | Â 2,165,755 | Â 2,328,696 | ||||||||
 3,838,234 |  4,278,647 | |||||||||
NET LOSS | $Â Â (36,047) | $Â (114,210) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (35,687) | $Â (113,068) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â Â (360) | $Â Â Â (1,142) | ||||||||
* Amounts include $(35,687) and $(113,068) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 28 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 5,116,918 | $Â Â 5,343,142 | ||||||||
Interest and other | Â Â Â Â 104,188 | Â Â Â Â 135,208 | ||||||||
  5,221,106 |   5,478,350 | |||||||||
Expenses | ||||||||||
Interest | 786,405 | 948,641 | ||||||||
Depreciation and amortization | 1,439,859 | 1,481,245 | ||||||||
Operating expenses | Â Â 3,364,407 | Â Â 3,467,709 | ||||||||
  5,590,671 |   5,897,595 | |||||||||
NET LOSS | $Â Â (369,565) | $Â Â (419,245) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (365,869) | $Â Â (415,053) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â (3,696) | $Â Â Â Â (4,192) | ||||||||
* Amounts include $(365,869) and $(415,053) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 29 | ||||||||||
  | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 5,180,534 | $Â Â 5,644,887 | ||||||||
Interest and other | Â Â Â Â 147,493 | Â Â Â Â 140,649 | ||||||||
  5,328,027 |   5,785,536 | |||||||||
Expenses | ||||||||||
Interest | 904,271 | 1,009,213 | ||||||||
Depreciation and amortization | 1,699,327 | 1,903,094 | ||||||||
Operating expenses | Â Â 3,478,206 | Â Â 3,731,399 | ||||||||
  6,081,804 |   6,643,706 | |||||||||
NET LOSS | $Â Â (753,777) | $Â Â (858,170) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (746,239) | $Â Â (849,588) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â (7,538) | $Â Â Â Â (8,582) | ||||||||
* Amounts include $(746,239) and $(849,588) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 30 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 3,414,053 | $Â 3,430,602 | ||||||||
Interest and other | Â Â Â Â 68,890 | Â Â Â Â 53,325 | ||||||||
 3,482,943 |  3,483,927 | |||||||||
Expenses | ||||||||||
Interest | 450,721 | 512,340 | ||||||||
Depreciation and amortization | 786,745 | 743,984 | ||||||||
Operating expenses | Â 2,722,588 | Â 2,697,513 | ||||||||
 3,960,054 |  3,953,837 | |||||||||
NET LOSS | $Â (477,111) | $Â (469,910) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (472,340) | $Â (465,211) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (4,771) | $Â Â Â (4,699) | ||||||||
* Amounts include $(472,340) and $(465,211) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
 Series 31 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 7,449,157 | $Â Â 7,651,490 | ||||||||
Interest and other | Â Â Â Â 277,703 | Â Â Â Â 233,215 | ||||||||
  7,726,860 |   7,884,705 | |||||||||
Expenses | ||||||||||
Interest | 1,086,482 | 1,237,764 | ||||||||
Depreciation and amortization | 2,183,640 | 2,183,998 | ||||||||
Operating expenses | Â Â 5,006,692 | Â Â 4,985,039 | ||||||||
  8,276,814 |   8,406,801 | |||||||||
NET LOSS | $Â Â (549,954) | $Â Â (522,096) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (544,454) | $Â Â (516,875) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â (5,500) | $Â Â Â Â (5,221) | ||||||||
* Amounts include $(544,454) and $(516,875) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 32 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 4,360,111 | $Â Â 4,406,448 | ||||||||
Interest and other | Â Â Â Â 160,277 | Â Â Â Â 139,384 | ||||||||
  4,520,388 |   4,545,832 | |||||||||
Expenses | ||||||||||
Interest | 836,418 | 910,403 | ||||||||
Depreciation and amortization | 1,589,992 | 1,595,582 | ||||||||
Operating expenses | Â Â 2,940,274 | Â Â 2,980,118 | ||||||||
  5,366,684 |   5,486,103 | |||||||||
NET LOSS | $Â Â (846,296) | $Â Â (940,271) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (837,833) | $Â Â (930,868) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â (8,463) | $Â Â Â Â (9,403) | ||||||||
* Amounts include $(837,833) and $(930,868) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 33 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 2,100,677 | $Â 2,035,789 | ||||||||
Interest and other | Â Â Â Â 92,338 | Â Â Â Â 82,610 | ||||||||
 2,193,015 |  2,118,399 | |||||||||
Expenses | ||||||||||
Interest | 444,559 | 497,574 | ||||||||
Depreciation and amortization | 667,600 | 657,361 | ||||||||
Operating expenses | Â 1,308,069 | Â 1,278,556 | ||||||||
 2,420,228 |  2,433,491 | |||||||||
NET LOSS | $Â (227,213) | $Â (315,092) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (224,941) | $Â (311,942) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (2,272) | $Â Â Â (3,150) | ||||||||
* Amounts include $(224,941) and $(311,942) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 34 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 4,320,147 | $Â 4,291,153 | ||||||||
Interest and other | Â Â Â 135,796 | Â Â Â 149,976 | ||||||||
 4,455,943 |  4,441,129 | |||||||||
Expenses | ||||||||||
Interest | 636,784 | 727,171 | ||||||||
Depreciation and amortization | 1,408,564 | 1,450,143 | ||||||||
Operating expenses | Â 2,888,848 | Â 3,034,474 | ||||||||
 4,934,196 |  5,211,788 | |||||||||
NET LOSS | $Â (478,253) | $Â (770,659) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (473,470) | $Â (762,952) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (4,783) | $Â Â Â (7,707) | ||||||||
* Amounts include $(473,470) and $(762,952) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 35 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 3,321,007 | $Â 3,415,277 | ||||||||
Interest and other | Â Â Â 111,336 | Â Â Â 111,676 | ||||||||
 3,432,343 |  3,526,953 | |||||||||
Expenses | ||||||||||
Interest | 601,131 | 688,745 | ||||||||
Depreciation and amortization | 1,065,218 | 1,138,282 | ||||||||
Operating expenses | Â 2,058,703 | Â 2,223,655 | ||||||||
 3,725,052 |  4,050,682 | |||||||||
NET LOSS | $Â (292,709) | $Â (523,729) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (289,782) | $Â (518,492) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (2,927) | $Â Â Â (5,237) | ||||||||
* Amounts include $(289,782) and $(518,492) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 36 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 2,226,451 | $Â 2,532,370 | ||||||||
Interest and other | Â Â Â Â 54,862 | Â Â Â Â 51,275 | ||||||||
 2,281,313 |  2,583,645 | |||||||||
Expenses | ||||||||||
Interest | 422,755 | 565,438 | ||||||||
Depreciation and amortization | 681,862 | 743,430 | ||||||||
Operating expenses | Â 1,486,517 | Â 1,562,686 | ||||||||
 2,591,134 |  2,871,554 | |||||||||
NET LOSS | $Â (309,821) | $Â (287,909) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (306,723) | $Â (285,030) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (3,098) | $Â Â Â (2,879) | ||||||||
* Amounts include $(306,723) and $(285,030) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 37 | ||||||||||
  | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 3,425,506 | $Â 3,318,593 | ||||||||
Interest and other | Â Â Â Â 89,176 | Â Â Â Â 89,776 | ||||||||
 3,514,682 |  3,408,369 | |||||||||
Expenses | ||||||||||
Interest | 534,400 | 530,200 | ||||||||
Depreciation and amortization | 1,186,940 | 1,198,841 | ||||||||
Operating expenses | Â 2,482,082 | Â 2,478,697 | ||||||||
 4,203,422 |  4,207,738 | |||||||||
NET LOSS | $Â (688,740) | $Â (799,369) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (681,853) | $Â (791,375) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (6,887) | $Â Â Â (7,994) | ||||||||
* Amounts include $(681,853) and $(791,375) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 38 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 2,742,355 | $Â 2,653,395 | ||||||||
Interest and other | Â Â Â Â 64,713 | Â Â Â Â 95,170 | ||||||||
 2,807,068 |  2,748,565 | |||||||||
Expenses | ||||||||||
Interest | 545,786 | 582,746 | ||||||||
Depreciation and amortization | 791,171 | 845,098 | ||||||||
Operating expenses | Â 1,776,638 | Â 1,774,936 | ||||||||
 3,113,595 |  3,202,780 | |||||||||
NET LOSS | $Â (306,527) | $Â (454,215) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (303,462) | $Â (449,673) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (3,065) | $Â Â Â (4,542) | ||||||||
* Amounts include $(303,462) and $(424,900) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 39 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 2,051,267 | $Â 1,917,038 | ||||||||
Interest and other | Â Â Â Â 74,127 | Â Â Â 103,481 | ||||||||
 2,125,394 |  2,020,519 | |||||||||
Expenses | ||||||||||
Interest | 381,191 | 379,418 | ||||||||
Depreciation and amortization | 658,304 | 713,451 | ||||||||
Operating expenses | Â 1,419,540 | Â 1,385,752 | ||||||||
 2,459,035 |  2,478,621 | |||||||||
NET LOSS | $Â (333,641) | $Â (458,102) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (330,305) | $Â (453,521) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (3,336) | $Â Â Â (4,581) | ||||||||
* Amounts include $(330,305) and $(340,018) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 40 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 3,077,919 | $Â 3,308,765 | ||||||||
Interest and other | Â Â Â Â 74,743 | Â Â Â Â 77,738 | ||||||||
 3,152,662 |  3,386,503 | |||||||||
Expenses | ||||||||||
Interest | 680,754 | 669,553 | ||||||||
Depreciation and amortization | 989,733 | 1,016,943 | ||||||||
Operating expenses | Â 2,119,148 | Â 2,138,723 | ||||||||
 3,789,635 |  3,825,219 | |||||||||
NET LOSS | $Â (636,973) | $Â (438,716) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (630,603) | $Â (434,329) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (6,370) | $Â Â Â (4,387) | ||||||||
* Amounts include $(630,603) and $(244,286) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 41 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 4,184,645 | $Â 4,172,724 | ||||||||
Interest and other | Â Â Â 109,707 | Â Â Â 133,413 | ||||||||
 4,294,352 |  4,306,137 | |||||||||
Expenses | ||||||||||
Interest | 875,912 | 935,899 | ||||||||
Depreciation and amortization | 1,676,222 | 1,641,881 | ||||||||
Operating expenses | Â 2,391,198 | Â 2,364,724 | ||||||||
 4,943,332 |  4,942,504 | |||||||||
NET LOSS | $Â (648,980) | $Â (636,367) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (642,490) | $Â (630,003) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (6,490) | $Â Â Â (6,364) | ||||||||
* Amounts include $(642,490) and $(272,776) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 42 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 4,642,261 | $Â 4,605,637 | ||||||||
Interest and other | Â Â Â 151,839 | Â Â Â 167,432 | ||||||||
 4,794,100 |  4,773,069 | |||||||||
Expenses | ||||||||||
Interest | 962,345 | 1,026,347 | ||||||||
Depreciation and amortization | 1,308,459 | 1,323,780 | ||||||||
Operating expenses | Â 2,799,018 | Â 2,708,685 | ||||||||
 5,069,822 |  5,058,812 | |||||||||
NET LOSS | $Â (275,722) | $Â (285,743) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (272,965) | $Â (282,886) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (2,757) | $Â Â Â (2,857) | ||||||||
* Amounts include $(165,552) and $(288,655) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 43 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 5,716,863 | $Â 5,517,463 | ||||||||
Interest and other | Â Â Â 178,429 | Â Â Â 151,927 | ||||||||
 5,895,292 |  5,669,390 | |||||||||
Expenses | ||||||||||
Interest | 1,102,099 | 1,104,215 | ||||||||
Depreciation and amortization | 1,712,649 | 1,743,561 | ||||||||
Operating expenses | Â 3,372,052 | Â 3,300,449 | ||||||||
 6,186,800 |  6,148,225 | |||||||||
NET LOSS | $Â (291,508) | $Â (478,835) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (288,593) | $Â (474,047) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (2,915) | $Â Â Â (4,788) | ||||||||
* Amounts include $(42,243) and $(320,693) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
Series 44 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 5,846,657 | $Â Â 5,669,739 | ||||||||
Interest and other | Â Â Â Â 211,036 | Â Â Â Â 219,116 | ||||||||
  6,057,693 |   5,888,855 | |||||||||
Expenses | ||||||||||
Interest | 1,776,274 | 1,828,807 | ||||||||
Depreciation and amortization | 1,725,913 | 1,716,055 | ||||||||
Operating expenses | Â Â 3,431,350 | Â Â 3,576,873 | ||||||||
  6,933,537 |   7,121,735 | |||||||||
NET LOSS | $Â Â (875,844) | ($1,232,880) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (867,086) | ($1,220,551) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â (8,758) | $Â Â Â (12,329) | ||||||||
* Amounts include $(764,573) and $(987,486) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
 Series 45 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â Â 7,151,010 | $Â Â 7,417,902 | ||||||||
Interest and other | Â Â Â Â 191,009 | Â Â Â Â 234,461 | ||||||||
  7,342,019 |   7,652,363 | |||||||||
Expenses | ||||||||||
Interest | 1,511,863 | 1,685,914 | ||||||||
Depreciation and amortization | 2,080,236 | 2,130,427 | ||||||||
Operating expenses | Â Â 4,598,368 | Â Â 4,738,094 | ||||||||
  8,190,467 |   8,554,435 | |||||||||
NET LOSS | $Â Â (848,448) | $Â Â (902,072) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â Â (839,964) | $Â Â (893,051) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â Â (8,484) | $Â Â Â Â (9,021) | ||||||||
* Amounts include $(304,968) and $(394,700) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | ||||||||||
 Series 46 | ||||||||||
2013 | 2012 | |||||||||
Revenues | ||||||||||
Rental | $Â 4,107,717 | $Â 4,059,694 | ||||||||
Interest and other | Â Â Â 155,660 | Â Â Â 143,742 | ||||||||
 4,263,377 |  4,203,436 | |||||||||
Expenses | ||||||||||
Interest | 931,809 | 997,788 | ||||||||
Depreciation and amortization | 998,258 | 1,037,352 | ||||||||
Operating expenses | Â 2,763,876 | Â 2,557,883 | ||||||||
 4,693,943 |  4,593,023 | |||||||||
NET LOSS | $Â (430,566) | $Â (389,587) | ||||||||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | ||||||||||
$Â (426,261) | $Â (385,691) | |||||||||
Net loss allocated to other | ||||||||||
Partners | $Â Â Â (4,305) | $Â Â Â (3,896) | ||||||||
ORGANIZATION_Details
ORGANIZATION (Details) (USD $) | 9 Months Ended | |
Dec. 31, 2013 | Mar. 31, 2013 | |
BACs Sold | 83,651,080 | 83,651,080 |
Series Twenty [Member] | ' | ' |
Closing Date | 24-Jun-94 | ' |
BACs Sold | 3,866,700 | 3,866,700 |
Equity Raised | $38,667,000 | ' |
Series Twenty One [Member] | ' | ' |
Closing Date | 31-Dec-94 | ' |
BACs Sold | 1,892,700 | 1,892,700 |
Equity Raised | 18,927,000 | ' |
Series Twenty Two [Member] | ' | ' |
Closing Date | 28-Dec-94 | ' |
BACs Sold | 2,564,400 | 2,564,400 |
Equity Raised | 25,644,000 | ' |
Series Twenty Three [Member] | ' | ' |
Closing Date | 23-Jun-95 | ' |
BACs Sold | 3,336,727 | 3,336,727 |
Equity Raised | 33,366,000 | ' |
Series Twenty Four [Member] | ' | ' |
Closing Date | 22-Sep-95 | ' |
BACs Sold | 2,169,878 | 2,169,878 |
Equity Raised | 21,697,000 | ' |
Series Twenty Five [Member] | ' | ' |
Closing Date | 29-Dec-95 | ' |
BACs Sold | 3,026,109 | 3,026,109 |
Equity Raised | 30,248,000 | ' |
Series Twenty Six [Member] | ' | ' |
Closing Date | 25-Jun-96 | ' |
BACs Sold | 3,995,900 | 3,995,900 |
Equity Raised | 39,959,000 | ' |
Series Twenty Seven [Member] | ' | ' |
Closing Date | 17-Sep-96 | ' |
BACs Sold | 2,460,700 | 2,460,700 |
Equity Raised | 24,607,000 | ' |
Series Twenty Eight [Member] | ' | ' |
Closing Date | 29-Jan-97 | ' |
BACs Sold | 4,000,738 | 4,000,738 |
Equity Raised | 39,999,000 | ' |
Series Twenty Nine [Member] | ' | ' |
Closing Date | 10-Jun-97 | ' |
BACs Sold | 3,991,800 | 3,991,800 |
Equity Raised | 39,918,000 | ' |
Series Thirty [Member] | ' | ' |
Closing Date | 10-Sep-97 | ' |
BACs Sold | 2,651,000 | 2,651,000 |
Equity Raised | 26,490,750 | ' |
Series Thirty One [Member] | ' | ' |
Closing Date | 18-Jan-98 | ' |
BACs Sold | 4,417,857 | 4,417,857 |
Equity Raised | 44,057,750 | ' |
Series Thirty Two [Member] | ' | ' |
Closing Date | 23-Jun-98 | ' |
BACs Sold | 4,754,198 | 4,754,198 |
Equity Raised | 47,431,000 | ' |
Series Thirty Three [Member] | ' | ' |
Closing Date | 21-Sep-98 | ' |
BACs Sold | 2,636,533 | 2,636,533 |
Equity Raised | 26,362,000 | ' |
Series Thirty Four [Member] | ' | ' |
Closing Date | 11-Feb-99 | ' |
BACs Sold | 3,529,319 | 3,529,319 |
Equity Raised | 35,273,000 | ' |
Series Thirty Five [Member] | ' | ' |
Closing Date | 28-Jun-99 | ' |
BACs Sold | 3,300,463 | 3,300,463 |
Equity Raised | 33,004,630 | ' |
Series Thirty Six [Member] | ' | ' |
Closing Date | 28-Sep-99 | ' |
BACs Sold | 2,106,838 | 2,106,838 |
Equity Raised | 21,068,375 | ' |
Series Thirty Seven [Member] | ' | ' |
Closing Date | 28-Jan-00 | ' |
BACs Sold | 2,512,500 | 2,512,500 |
Equity Raised | 25,125,000 | ' |
Series Thirty Eight [Member] | ' | ' |
Closing Date | 31-Jul-00 | ' |
BACs Sold | 2,543,100 | 2,543,100 |
Equity Raised | 25,431,000 | ' |
Series Thirty Nine [Member] | ' | ' |
Closing Date | 31-Jan-01 | ' |
BACs Sold | 2,292,151 | 2,292,151 |
Equity Raised | 22,921,000 | ' |
Series Forty [Member] | ' | ' |
Closing Date | 31-Jul-01 | ' |
BACs Sold | 2,630,256 | 2,630,256 |
Equity Raised | 26,269,256 | ' |
Series Forty One [Member] | ' | ' |
Closing Date | 31-Jan-02 | ' |
BACs Sold | 2,891,626 | 2,891,626 |
Equity Raised | 28,916,260 | ' |
Series Forty Two [Member] | ' | ' |
Closing Date | 31-Jul-02 | ' |
BACs Sold | 2,744,262 | 2,744,262 |
Equity Raised | 27,442,620 | ' |
Series Forty Three [Member] | ' | ' |
Closing Date | 31-Dec-02 | ' |
BACs Sold | 3,637,987 | 3,637,987 |
Equity Raised | 36,379,870 | ' |
Series Forty Four [Member] | ' | ' |
Closing Date | 30-Apr-03 | ' |
BACs Sold | 2,701,973 | 2,701,973 |
Equity Raised | 27,019,730 | ' |
Series Forty Five [Member] | ' | ' |
Closing Date | 16-Sep-03 | ' |
BACs Sold | 4,014,367 | 4,014,367 |
Equity Raised | 40,143,670 | ' |
Series Forty Six [Member] | ' | ' |
Closing Date | 19-Dec-03 | ' |
BACs Sold | 2,980,998 | 2,980,998 |
Equity Raised | $29,809,980 | ' |
ORGANIZATION_Details_Textual
ORGANIZATION (Details Textual) | 1 Months Ended | 12 Months Ended | ||||||||
Jul. 31, 2000 | Aug. 31, 1999 | Apr. 30, 1998 | Mar. 31, 2004 | Mar. 31, 2003 | Mar. 31, 2002 | Mar. 31, 1997 | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 1993 | |
Limited Partners Capital Account Per Units | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10 |
Units of assignor limited partners capital, authorized | ' | ' | ' | ' | ' | ' | ' | 101,500,000 | 101,500,000 | 30,000,000 |
Limited Partners Capital Account Additional Units Registered For Sale | 7,500,000 | 8,000,000 | 25,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 10,000,000 | ' | ' | ' |
ACCOUNTING_AND_FINANCIAL_REPOR2
ACCOUNTING AND FINANCIAL REPORTING POLICIES (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
Accumulated amortization of acquisition costs | $1,619,969 | $1,519,930 |
Series Twenty Seven [Member] | ' | ' |
Accumulated amortization of acquisition costs | 0 | 245,219 |
Series Forty One [Member] | ' | ' |
Accumulated amortization of acquisition costs | 0 | 84,978 |
Series Forty Two [Member] | ' | ' |
Accumulated amortization of acquisition costs | 121,030 | 51,870 |
Series Forty Three [Member] | ' | ' |
Accumulated amortization of acquisition costs | 116,886 | 50,094 |
Series Forty Four [Member] | ' | ' |
Accumulated amortization of acquisition costs | 1,343,299 | 1,060,499 |
Series Forty Five [Member] | ' | ' |
Accumulated amortization of acquisition costs | 31,178 | 13,362 |
Series Forty Six [Member] | ' | ' |
Accumulated amortization of acquisition costs | $7,576 | $13,908 |
ACCOUNTING_AND_FINANCIAL_REPOR3
ACCOUNTING AND FINANCIAL REPORTING POLICIES (Details Textual) (USD $) | 9 Months Ended | 12 Months Ended | |
Dec. 31, 2013 | Mar. 31, 2013 | Mar. 31, 2012 | |
Amortization Period Of Acquisition Costs | '27 years 6 months | ' | ' |
Impairment Loss Of Acquisition Costs | ' | $147,078 | $1,595,113 |
Amortization Of Acquisition Cost Remaining Contractual Term | '4 years | ' | ' |
Amortization Of Deferred Acquisition Costs Year One | 446,667 | ' | ' |
Amortization Of Deferred Acquisition Costs Year Two | 446,667 | ' | ' |
Amortization Of Deferred Acquisition Costs Year Three | 446,667 | ' | ' |
Amortization Of Deferred Acquisition Costs Year Four | $111,665 | ' | ' |
RELATED_PARTY_TRANSACTIONS_Det
RELATED PARTY TRANSACTIONS (Details) (USD $) | 3 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2012 | |
Gross Fund Management Fee | $1,316,411 | $1,414,058 |
Series Twenty [Member] | ' | ' |
Gross Fund Management Fee | 20,361 | 26,817 |
Series Twenty One [Member] | ' | ' |
Gross Fund Management Fee | 15,552 | 16,770 |
Series Twenty Two [Member] | ' | ' |
Gross Fund Management Fee | 16,995 | 28,824 |
Series Twenty Three [Member] | ' | ' |
Gross Fund Management Fee | 22,679 | 27,602 |
Series Twenty Four [Member] | ' | ' |
Gross Fund Management Fee | 19,926 | 29,661 |
Series Twenty Five [Member] | ' | ' |
Gross Fund Management Fee | 11,877 | 19,760 |
Series Twenty Six [Member] | ' | ' |
Gross Fund Management Fee | 49,191 | 73,299 |
Series Twenty Seven [Member] | ' | ' |
Gross Fund Management Fee | 48,694 | 56,731 |
Series Twenty Eight [Member] | ' | ' |
Gross Fund Management Fee | 68,418 | 73,197 |
Series Twenty Nine [Member] | ' | ' |
Gross Fund Management Fee | 74,877 | 82,851 |
Series Thirty [Member] | ' | ' |
Gross Fund Management Fee | 38,787 | 38,787 |
Series Thirty One [Member] | ' | ' |
Gross Fund Management Fee | 82,592 | 83,127 |
Series Thirty Two [Member] | ' | ' |
Gross Fund Management Fee | 68,544 | 70,857 |
Series Thirty Three [Member] | ' | ' |
Gross Fund Management Fee | 30,852 | 30,852 |
Series Thirty Four [Member] | ' | ' |
Gross Fund Management Fee | 64,149 | 64,149 |
Series Thirty Five [Member] | ' | ' |
Gross Fund Management Fee | 50,520 | 50,520 |
Series Thirty Six [Member] | ' | ' |
Gross Fund Management Fee | 33,120 | 40,149 |
Series Thirty Seven [Member] | ' | ' |
Gross Fund Management Fee | 51,216 | 51,216 |
Series Thirty Eight [Member] | ' | ' |
Gross Fund Management Fee | 41,100 | 41,100 |
Series Thirty Nine [Member] | ' | ' |
Gross Fund Management Fee | 34,200 | 34,200 |
Series Forty [Member] | ' | ' |
Gross Fund Management Fee | 50,004 | 50,004 |
Series Forty One [Member] | ' | ' |
Gross Fund Management Fee | 59,391 | 59,517 |
Series Forty Two [Member] | ' | ' |
Gross Fund Management Fee | 62,175 | 62,175 |
Series Forty Three [Member] | ' | ' |
Gross Fund Management Fee | 76,695 | 76,695 |
Series Forty Four [Member] | ' | ' |
Gross Fund Management Fee | 71,175 | 71,175 |
Series Forty Five [Member] | ' | ' |
Gross Fund Management Fee | 90,939 | 91,641 |
Series Forty Six [Member] | ' | ' |
Gross Fund Management Fee | $62,382 | $62,382 |
RELATED_PARTY_TRANSACTIONS_Det1
RELATED PARTY TRANSACTIONS (Details 1) (USD $) | 9 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2012 | |
Fund management fees paid | $5,524,494 | $4,855,229 |
Series Twenty [Member] | ' | ' |
Fund management fees paid | 189,402 | 288,000 |
Series Twenty One [Member] | ' | ' |
Fund management fees paid | 79,000 | 75,000 |
Series Twenty Two [Member] | ' | ' |
Fund management fees paid | 90,375 | 99,675 |
Series Twenty Three [Member] | ' | ' |
Fund management fees paid | 18,900 | 62,750 |
Series Twenty Four [Member] | ' | ' |
Fund management fees paid | 2,540,169 | 321,742 |
Series Twenty Five [Member] | ' | ' |
Fund management fees paid | 35,631 | 603,807 |
Series Twenty Six [Member] | ' | ' |
Fund management fees paid | 661,918 | 925,250 |
Series Twenty Seven [Member] | ' | ' |
Fund management fees paid | 364,802 | 801,000 |
Series Twenty Eight [Member] | ' | ' |
Fund management fees paid | 258,775 | 381,775 |
Series Twenty Nine [Member] | ' | ' |
Fund management fees paid | 131,631 | 50,000 |
Series Thirty [Member] | ' | ' |
Fund management fees paid | 0 | 98,000 |
Series Thirty One [Member] | ' | ' |
Fund management fees paid | 0 | 123,230 |
Series Thirty Two [Member] | ' | ' |
Fund management fees paid | 1,449 | 100,000 |
Series Thirty Three [Member] | ' | ' |
Fund management fees paid | 0 | 75,000 |
Series Thirty Six [Member] | ' | ' |
Fund management fees paid | 1,000,000 | 50,000 |
Series Thirty Seven [Member] | ' | ' |
Fund management fees paid | 0 | 100,000 |
Series Thirty Eight [Member] | ' | ' |
Fund management fees paid | 0 | 100,000 |
Series Thirty Nine [Member] | ' | ' |
Fund management fees paid | 0 | 50,000 |
Series Forty One [Member] | ' | ' |
Fund management fees paid | 52,000 | 25,000 |
Series Forty Two [Member] | ' | ' |
Fund management fees paid | 50,000 | 150,000 |
Series Forty Three [Member] | ' | ' |
Fund management fees paid | 0 | 25,000 |
Series Forty Four [Member] | ' | ' |
Fund management fees paid | 0 | 25,000 |
Series Forty Five [Member] | ' | ' |
Fund management fees paid | 50,442 | 225,000 |
Series Forty Six [Member] | ' | ' |
Fund management fees paid | $0 | $100,000 |
RELATED_PARTY_TRANSACTIONS_Det2
RELATED PARTY TRANSACTIONS (Details Textual) | 9 Months Ended |
Dec. 31, 2013 | |
Percentage Of Annual Management Fee | 0.50% |
INVESTMENTS_IN_OPERATING_PARTN2
INVESTMENTS IN OPERATING PARTNERSHIPS (Details) | Dec. 31, 2013 | Dec. 31, 2012 |
Number | Number | |
Number Of Operating Partnerships | 369 | 406 |
Series Twenty [Member] | ' | ' |
Number Of Operating Partnerships | 8 | 11 |
Series Twenty One [Member] | ' | ' |
Number Of Operating Partnerships | 4 | 6 |
Series Twenty Two [Member] | ' | ' |
Number Of Operating Partnerships | 9 | 11 |
Series Twenty Three [Member] | ' | ' |
Number Of Operating Partnerships | 11 | 11 |
Series Twenty Four [Member] | ' | ' |
Number Of Operating Partnerships | 8 | 13 |
Series Twenty Five [Member] | ' | ' |
Number Of Operating Partnerships | 7 | 8 |
Series Twenty Six [Member] | ' | ' |
Number Of Operating Partnerships | 24 | 33 |
Series Twenty Seven [Member] | ' | ' |
Number Of Operating Partnerships | 10 | 13 |
Series Twenty Eight [Member] | ' | ' |
Number Of Operating Partnerships | 19 | 21 |
Series Twenty Nine [Member] | ' | ' |
Number Of Operating Partnerships | 17 | 21 |
Series Thirty [Member] | ' | ' |
Number Of Operating Partnerships | 16 | 16 |
Series Thirty One [Member] | ' | ' |
Number Of Operating Partnerships | 24 | 25 |
Series Thirty Two [Member] | ' | ' |
Number Of Operating Partnerships | 14 | 15 |
Series Thirty Three [Member] | ' | ' |
Number Of Operating Partnerships | 8 | 8 |
Series Thirty Four [Member] | ' | ' |
Number Of Operating Partnerships | 13 | 13 |
Series Thirty Five [Member] | ' | ' |
Number Of Operating Partnerships | 10 | 10 |
Series Thirty Six [Member] | ' | ' |
Number Of Operating Partnerships | 9 | 10 |
Series Thirty Seven [Member] | ' | ' |
Number Of Operating Partnerships | 7 | 7 |
Series Thirty Eight [Member] | ' | ' |
Number Of Operating Partnerships | 10 | 10 |
Series Thirty Nine [Member] | ' | ' |
Number Of Operating Partnerships | 9 | 9 |
Series Forty [Member] | ' | ' |
Number Of Operating Partnerships | 16 | 16 |
Series Forty One [Member] | ' | ' |
Number Of Operating Partnerships | 19 | 20 |
Series Forty Two [Member] | ' | ' |
Number Of Operating Partnerships | 21 | 21 |
Series Forty Three [Member] | ' | ' |
Number Of Operating Partnerships | 23 | 23 |
Series Forty Four [Member] | ' | ' |
Number Of Operating Partnerships | 9 | 10 |
Series Forty Five [Member] | ' | ' |
Number Of Operating Partnerships | 29 | 30 |
Series Forty Six [Member] | ' | ' |
Number Of Operating Partnerships | 15 | 15 |
INVESTMENTS_IN_OPERATING_PARTN3
INVESTMENTS IN OPERATING PARTNERSHIPS (Details 1) (USD $) | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
Capital contributions payable | $664,260 | $1,111,008 | $1,112,784 |
Series Twenty Two [Member] | ' | ' | ' |
Capital contributions payable | 9,352 | 9,352 | 9,352 |
Series Twenty Six [Member] | ' | ' | ' |
Capital contributions payable | 1,293 | 1,293 | 1,293 |
Series Twenty Seven [Member] | ' | ' | ' |
Capital contributions payable | 10,020 | 10,020 | 10,020 |
Series Twenty Eight [Member] | ' | ' | ' |
Capital contributions payable | 40,968 | 40,968 | 40,968 |
Series Twenty Nine [Member] | ' | ' | ' |
Capital contributions payable | 8,235 | 10,197 | 10,197 |
Series Thirty [Member] | ' | ' | ' |
Capital contributions payable | 127,396 | 127,396 | 127,396 |
Series Thirty One [Member] | ' | ' | ' |
Capital contributions payable | 66,294 | 66,294 | 66,294 |
Series Thirty Two [Member] | ' | ' | ' |
Capital contributions payable | 3,486 | 173,561 | 173,561 |
Series Thirty Three [Member] | ' | ' | ' |
Capital contributions payable | 69,154 | 69,154 | 69,154 |
Series Thirty Seven [Member] | ' | ' | ' |
Capital contributions payable | 138,438 | 138,438 | 138,438 |
Series Forty [Member] | ' | ' | ' |
Capital contributions payable | 102 | 102 | 102 |
Series Forty One [Member] | ' | ' | ' |
Capital contributions payable | 100 | 100 | 100 |
Series Forty Two [Member] | ' | ' | ' |
Capital contributions payable | 73,433 | 73,433 | 73,433 |
Series Forty Three [Member] | ' | ' | ' |
Capital contributions payable | 99,265 | 121,112 | 121,112 |
Series Forty Four [Member] | ' | ' | ' |
Capital contributions payable | 0 | 252,864 | 254,640 |
Series Forty Five [Member] | ' | ' | ' |
Capital contributions payable | $16,724 | $16,724 | $16,724 |
INVESTMENTS_IN_OPERATING_PARTN4
INVESTMENTS IN OPERATING PARTNERSHIPS (Details 2) (USD $) | 9 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | ||
Number | Number | ||
Operating Partnership Interest Transferred | 17 | 31 | |
Sale of Underlying Operating Partnership | 13 | 8 | |
Partnership Proceeds from Disposition | $9,427,839 | $8,580,155 | |
Gain on Disposition | 8,810,912 | 8,580,155 | |
Series Twenty [Member] | ' | ' | |
Operating Partnership Interest Transferred | 3 | 1 | |
Sale of Underlying Operating Partnership | 0 | 0 | |
Partnership Proceeds from Disposition | 722,000 | 6,402 | |
Gain on Disposition | 722,000 | 6,402 | |
Series Twenty One [Member] | ' | ' | |
Operating Partnership Interest Transferred | 1 | ' | |
Sale of Underlying Operating Partnership | 0 | ' | |
Partnership Proceeds from Disposition | 79,000 | 0 | |
Gain on Disposition | 79,000 | ' | |
Series Twenty Two [Member] | ' | ' | |
Operating Partnership Interest Transferred | 1 | 7 | |
Sale of Underlying Operating Partnership | 0 | 2 | |
Partnership Proceeds from Disposition | 0 | 318,670 | |
Gain on Disposition | 0 | 318,670 | |
Series Twenty Three [Member] | ' | ' | |
Operating Partnership Interest Transferred | ' | 4 | |
Sale of Underlying Operating Partnership | ' | 0 | |
Partnership Proceeds from Disposition | 0 | 82,930 | |
Gain on Disposition | ' | 82,930 | |
Series Twenty Four [Member] | ' | ' | |
Operating Partnership Interest Transferred | 2 | 3 | |
Sale of Underlying Operating Partnership | 3 | 2 | |
Partnership Proceeds from Disposition | 1,544,276 | 1,754,864 | |
Gain on Disposition | 1,544,276 | 1,754,864 | |
Series Twenty Five [Member] | ' | ' | |
Operating Partnership Interest Transferred | 0 | 2 | |
Sale of Underlying Operating Partnership | 0 | 1 | |
Partnership Proceeds from Disposition | 618,889 | [1] | 2,424,100 |
Gain on Disposition | 0 | 2,424,100 | |
Series Twenty Six [Member] | ' | ' | |
Operating Partnership Interest Transferred | 1 | 5 | |
Sale of Underlying Operating Partnership | 6 | 1 | |
Partnership Proceeds from Disposition | 2,601,619 | 1,948,350 | |
Gain on Disposition | 2,601,619 | 1,948,350 | |
Series Twenty Seven [Member] | ' | ' | |
Operating Partnership Interest Transferred | 2 | 1 | |
Sale of Underlying Operating Partnership | 1 | 1 | |
Partnership Proceeds from Disposition | 2,508,394 | 582,228 | |
Gain on Disposition | 2,508,394 | 582,228 | |
Series Twenty Eight [Member] | ' | ' | |
Operating Partnership Interest Transferred | 1 | 3 | |
Sale of Underlying Operating Partnership | 0 | 0 | |
Partnership Proceeds from Disposition | 939,495 | 44,775 | |
Gain on Disposition | 939,495 | 44,775 | |
Series Twenty Nine [Member] | ' | ' | |
Operating Partnership Interest Transferred | 2 | ' | |
Sale of Underlying Operating Partnership | 2 | ' | |
Partnership Proceeds from Disposition | 342,694 | [2] | 0 |
Gain on Disposition | 344,656 | ' | |
Series Thirty [Member] | ' | ' | |
Operating Partnership Interest Transferred | ' | 1 | |
Sale of Underlying Operating Partnership | ' | 0 | |
Partnership Proceeds from Disposition | 0 | 72,943 | |
Gain on Disposition | ' | 72,943 | |
Series Thirty One [Member] | ' | ' | |
Operating Partnership Interest Transferred | 1 | 1 | |
Sale of Underlying Operating Partnership | 0 | 0 | |
Partnership Proceeds from Disposition | 15,000 | 48,230 | |
Gain on Disposition | 15,000 | 48,230 | |
Series Thirty Two [Member] | ' | ' | |
Operating Partnership Interest Transferred | 1 | 0 | |
Sale of Underlying Operating Partnership | 0 | 0 | |
Partnership Proceeds from Disposition | 3,428 | 1,449 | |
Gain on Disposition | 3,428 | 1,449 | |
Series Thirty Four [Member] | ' | ' | |
Operating Partnership Interest Transferred | ' | 1 | |
Sale of Underlying Operating Partnership | ' | 0 | |
Partnership Proceeds from Disposition | 0 | 0 | |
Gain on Disposition | ' | 0 | |
Series Thirty Five [Member] | ' | ' | |
Operating Partnership Interest Transferred | ' | 1 | |
Sale of Underlying Operating Partnership | ' | 0 | |
Partnership Proceeds from Disposition | 0 | 52,500 | |
Gain on Disposition | ' | 52,500 | |
Series Thirty Six [Member] | ' | ' | |
Operating Partnership Interest Transferred | ' | 0 | |
Sale of Underlying Operating Partnership | ' | 1 | |
Partnership Proceeds from Disposition | 0 | 1,242,272 | |
Gain on Disposition | ' | 1,242,272 | |
Series Forty One [Member] | ' | ' | |
Operating Partnership Interest Transferred | 1 | ' | |
Sale of Underlying Operating Partnership | 0 | ' | |
Partnership Proceeds from Disposition | 52,000 | 0 | |
Gain on Disposition | 52,000 | ' | |
Series Fourty Two [Member] | ' | ' | |
Operating Partnership Interest Transferred | ' | 1 | |
Sale of Underlying Operating Partnership | ' | 0 | |
Partnership Proceeds from Disposition | ' | 0 | |
Gain on Disposition | ' | 0 | |
Series Forty Four [Member] | ' | ' | |
Operating Partnership Interest Transferred | 0 | ' | |
Sale of Underlying Operating Partnership | 1 | ' | |
Partnership Proceeds from Disposition | 0 | 0 | |
Gain on Disposition | 0 | ' | |
Series Forty Five [Member] | ' | ' | |
Operating Partnership Interest Transferred | 1 | 0 | |
Sale of Underlying Operating Partnership | 0 | 0 | |
Partnership Proceeds from Disposition | 1,044 | 442 | |
Gain on Disposition | $1,044 | $442 | |
[1] | Fund proceeds from disposition include $618,889 recorded as a receivable as of March 31, 2013, for Series 25. | ||
[2] | Proceeds from disposition does not include $1,962 which was due to a writeoff of capital contribution payable for Series 29. |
INVESTMENTS_IN_OPERATING_PARTN5
INVESTMENTS IN OPERATING PARTNERSHIPS (Details 3) (USD $) | 9 Months Ended | |||
Sep. 30, 2013 | Sep. 30, 2012 | |||
Revenues | ' | ' | ||
Rental | $96,775,255 | $102,699,880 | ||
Interest and other | 2,880,833 | 3,106,840 | ||
Operating Partnerships Revenues | 99,656,088 | 105,806,720 | ||
Expenses | ' | ' | ||
Interest | 18,485,614 | 20,966,227 | ||
Depreciation and amortization | 28,740,657 | 30,518,036 | ||
Operating expenses | 63,677,809 | 67,227,357 | ||
Operating Partnerships Total Expenses | 110,904,080 | 118,711,620 | ||
NET LOSS | -11,247,992 | -12,904,900 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -11,135,514 | [1] | -12,775,850 | [1] |
Net loss allocated to other Partners | -112,478 | -129,050 | ||
Series Twenty [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 1,613,365 | 1,952,970 | ||
Interest and other | 47,810 | 47,041 | ||
Operating Partnerships Revenues | 1,661,175 | 2,000,011 | ||
Expenses | ' | ' | ||
Interest | 304,573 | 333,465 | ||
Depreciation and amortization | 410,115 | 496,280 | ||
Operating expenses | 1,237,697 | 1,401,086 | ||
Operating Partnerships Total Expenses | 1,952,385 | 2,230,831 | ||
NET LOSS | -291,210 | -230,820 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -288,298 | [2] | -228,512 | [2] |
Net loss allocated to other Partners | -2,912 | -2,308 | ||
Series Twenty One [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 1,420,425 | 1,484,011 | ||
Interest and other | 17,811 | 23,048 | ||
Operating Partnerships Revenues | 1,438,236 | 1,507,059 | ||
Expenses | ' | ' | ||
Interest | 391,381 | 455,981 | ||
Depreciation and amortization | 255,973 | 254,424 | ||
Operating expenses | 793,317 | 893,306 | ||
Operating Partnerships Total Expenses | 1,440,671 | 1,603,711 | ||
NET LOSS | -2,435 | -96,652 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -2,411 | [3] | -95,685 | [3] |
Net loss allocated to other Partners | -24 | -967 | ||
Series Twenty Two [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 1,317,171 | 2,111,317 | ||
Interest and other | 29,434 | 59,937 | ||
Operating Partnerships Revenues | 1,346,605 | 2,171,254 | ||
Expenses | ' | ' | ||
Interest | 221,714 | 363,317 | ||
Depreciation and amortization | 307,676 | 617,414 | ||
Operating expenses | 1,005,560 | 1,461,181 | ||
Operating Partnerships Total Expenses | 1,534,950 | 2,441,912 | ||
NET LOSS | -188,345 | -270,658 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -186,462 | [4] | -267,951 | [4] |
Net loss allocated to other Partners | -1,883 | -2,707 | ||
Series Twenty Three [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 2,304,215 | 2,593,172 | ||
Interest and other | 87,030 | 77,654 | ||
Operating Partnerships Revenues | 2,391,245 | 2,670,826 | ||
Expenses | ' | ' | ||
Interest | 378,293 | 421,501 | ||
Depreciation and amortization | 516,305 | 608,589 | ||
Operating expenses | 1,807,637 | 1,832,296 | ||
Operating Partnerships Total Expenses | 2,702,235 | 2,862,386 | ||
NET LOSS | -310,990 | -191,560 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -307,879 | [5] | -189,643 | [5] |
Net loss allocated to other Partners | -3,111 | -1,917 | ||
Series Twenty Four [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 1,240,112 | 1,871,076 | ||
Interest and other | 26,262 | 55,377 | ||
Operating Partnerships Revenues | 1,266,374 | 1,926,453 | ||
Expenses | ' | ' | ||
Interest | 164,731 | 298,135 | ||
Depreciation and amortization | 367,577 | 450,968 | ||
Operating expenses | 891,845 | 1,297,640 | ||
Operating Partnerships Total Expenses | 1,424,153 | 2,046,743 | ||
NET LOSS | -157,779 | -120,290 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -156,201 | [6] | -119,087 | [6] |
Net loss allocated to other Partners | -1,578 | -1,203 | ||
Series Twenty Five [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 990,490 | 1,552,463 | ||
Interest and other | 19,601 | 52,012 | ||
Operating Partnerships Revenues | 1,010,091 | 1,604,475 | ||
Expenses | ' | ' | ||
Interest | 161,238 | 290,886 | ||
Depreciation and amortization | 231,048 | 349,887 | ||
Operating expenses | 700,334 | 1,028,847 | ||
Operating Partnerships Total Expenses | 1,092,620 | 1,669,620 | ||
NET LOSS | -82,529 | -65,145 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -81,704 | [7] | -64,494 | [7] |
Net loss allocated to other Partners | -825 | -651 | ||
Series Twenty Six [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 3,703,623 | 5,628,627 | ||
Interest and other | 147,975 | 227,896 | ||
Operating Partnerships Revenues | 3,851,598 | 5,856,523 | ||
Expenses | ' | ' | ||
Interest | 596,996 | 992,344 | ||
Depreciation and amortization | 1,123,521 | 1,498,437 | ||
Operating expenses | 2,668,090 | 3,998,340 | ||
Operating Partnerships Total Expenses | 4,388,607 | 6,489,121 | ||
NET LOSS | -537,009 | -632,598 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -531,639 | [8] | -626,272 | [8] |
Net loss allocated to other Partners | -5,370 | -6,326 | ||
Series Twenty Seven [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 3,750,599 | 4,114,136 | ||
Interest and other | 51,588 | 50,301 | ||
Operating Partnerships Revenues | 3,802,187 | 4,164,437 | ||
Expenses | ' | ' | ||
Interest | 794,729 | 972,422 | ||
Depreciation and amortization | 877,750 | 977,529 | ||
Operating expenses | 2,165,755 | 2,328,696 | ||
Operating Partnerships Total Expenses | 3,838,234 | 4,278,647 | ||
NET LOSS | -36,047 | -114,210 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -35,687 | [9] | -113,068 | [9] |
Net loss allocated to other Partners | -360 | -1,142 | ||
Series Twenty Eight [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 5,116,918 | 5,343,142 | ||
Interest and other | 104,188 | 135,208 | ||
Operating Partnerships Revenues | 5,221,106 | 5,478,350 | ||
Expenses | ' | ' | ||
Interest | 786,405 | 948,641 | ||
Depreciation and amortization | 1,439,859 | 1,481,245 | ||
Operating expenses | 3,364,407 | 3,467,709 | ||
Operating Partnerships Total Expenses | 5,590,671 | 5,897,595 | ||
NET LOSS | -369,565 | -419,245 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -365,869 | [10] | -415,053 | [10] |
Net loss allocated to other Partners | -3,696 | -4,192 | ||
Series Twenty Nine [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 5,180,534 | 5,644,887 | ||
Interest and other | 147,493 | 140,649 | ||
Operating Partnerships Revenues | 5,328,027 | 5,785,536 | ||
Expenses | ' | ' | ||
Interest | 904,271 | 1,009,213 | ||
Depreciation and amortization | 1,699,327 | 1,903,094 | ||
Operating expenses | 3,478,206 | 3,731,399 | ||
Operating Partnerships Total Expenses | 6,081,804 | 6,643,706 | ||
NET LOSS | -753,777 | -858,170 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -746,239 | [11] | -849,588 | [11] |
Net loss allocated to other Partners | -7,538 | -8,582 | ||
Series Thirty [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 3,414,053 | 3,430,602 | ||
Interest and other | 68,890 | 53,325 | ||
Operating Partnerships Revenues | 3,482,943 | 3,483,927 | ||
Expenses | ' | ' | ||
Interest | 450,721 | 512,340 | ||
Depreciation and amortization | 786,745 | 743,984 | ||
Operating expenses | 2,722,588 | 2,697,513 | ||
Operating Partnerships Total Expenses | 3,960,054 | 3,953,837 | ||
NET LOSS | -477,111 | -469,910 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -472,340 | [12] | -465,211 | [12] |
Net loss allocated to other Partners | -4,771 | -4,699 | ||
Series Thirty One [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 7,449,157 | 7,651,490 | ||
Interest and other | 277,703 | 233,215 | ||
Operating Partnerships Revenues | 7,726,860 | 7,884,705 | ||
Expenses | ' | ' | ||
Interest | 1,086,482 | 1,237,764 | ||
Depreciation and amortization | 2,183,640 | 2,183,998 | ||
Operating expenses | 5,006,692 | 4,985,039 | ||
Operating Partnerships Total Expenses | 8,276,814 | 8,406,801 | ||
NET LOSS | -549,954 | -522,096 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -544,454 | [13] | -516,875 | [13] |
Net loss allocated to other Partners | -5,500 | -5,221 | ||
Series Thirty Two [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 4,360,111 | 4,406,448 | ||
Interest and other | 160,277 | 139,384 | ||
Operating Partnerships Revenues | 4,520,388 | 4,545,832 | ||
Expenses | ' | ' | ||
Interest | 836,418 | 910,403 | ||
Depreciation and amortization | 1,589,992 | 1,595,582 | ||
Operating expenses | 2,940,274 | 2,980,118 | ||
Operating Partnerships Total Expenses | 5,366,684 | 5,486,103 | ||
NET LOSS | -846,296 | -940,271 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -837,833 | [14] | -930,868 | [14] |
Net loss allocated to other Partners | -8,463 | -9,403 | ||
Series Thirty Three [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 2,100,677 | 2,035,789 | ||
Interest and other | 92,338 | 82,610 | ||
Operating Partnerships Revenues | 2,193,015 | 2,118,399 | ||
Expenses | ' | ' | ||
Interest | 444,559 | 497,574 | ||
Depreciation and amortization | 667,600 | 657,361 | ||
Operating expenses | 1,308,069 | 1,278,556 | ||
Operating Partnerships Total Expenses | 2,420,228 | 2,433,491 | ||
NET LOSS | -227,213 | -315,092 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -224,941 | [15] | -311,942 | [15] |
Net loss allocated to other Partners | -2,272 | -3,150 | ||
Series Thirty Four [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 4,320,147 | 4,291,153 | ||
Interest and other | 135,796 | 149,976 | ||
Operating Partnerships Revenues | 4,455,943 | 4,441,129 | ||
Expenses | ' | ' | ||
Interest | 636,784 | 727,171 | ||
Depreciation and amortization | 1,408,564 | 1,450,143 | ||
Operating expenses | 2,888,848 | 3,034,474 | ||
Operating Partnerships Total Expenses | 4,934,196 | 5,211,788 | ||
NET LOSS | -478,253 | -770,659 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -473,470 | [16] | -762,952 | [16] |
Net loss allocated to other Partners | -4,783 | -7,707 | ||
Series Thirty Five [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 3,321,007 | 3,415,277 | ||
Interest and other | 111,336 | 111,676 | ||
Operating Partnerships Revenues | 3,432,343 | 3,526,953 | ||
Expenses | ' | ' | ||
Interest | 601,131 | 688,745 | ||
Depreciation and amortization | 1,065,218 | 1,138,282 | ||
Operating expenses | 2,058,703 | 2,223,655 | ||
Operating Partnerships Total Expenses | 3,725,052 | 4,050,682 | ||
NET LOSS | -292,709 | -523,729 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -289,782 | [17] | -518,492 | [17] |
Net loss allocated to other Partners | -2,927 | -5,237 | ||
Series Thirty Six [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 2,226,451 | 2,532,370 | ||
Interest and other | 54,862 | 51,275 | ||
Operating Partnerships Revenues | 2,281,313 | 2,583,645 | ||
Expenses | ' | ' | ||
Interest | 422,755 | 565,438 | ||
Depreciation and amortization | 681,862 | 743,430 | ||
Operating expenses | 1,486,517 | 1,562,686 | ||
Operating Partnerships Total Expenses | 2,591,134 | 2,871,554 | ||
NET LOSS | -309,821 | -287,909 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -306,723 | [18] | -285,030 | [18] |
Net loss allocated to other Partners | -3,098 | -2,879 | ||
Series Thirty Seven [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 3,425,506 | 3,318,593 | ||
Interest and other | 89,176 | 89,776 | ||
Operating Partnerships Revenues | 3,514,682 | 3,408,369 | ||
Expenses | ' | ' | ||
Interest | 534,400 | 530,200 | ||
Depreciation and amortization | 1,186,940 | 1,198,841 | ||
Operating expenses | 2,482,082 | 2,478,697 | ||
Operating Partnerships Total Expenses | 4,203,422 | 4,207,738 | ||
NET LOSS | -688,740 | -799,369 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -681,853 | [19] | -791,375 | [19] |
Net loss allocated to other Partners | -6,887 | -7,994 | ||
Series Thirty Eight [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 2,742,355 | 2,653,395 | ||
Interest and other | 64,713 | 95,170 | ||
Operating Partnerships Revenues | 2,807,068 | 2,748,565 | ||
Expenses | ' | ' | ||
Interest | 545,786 | 582,746 | ||
Depreciation and amortization | 791,171 | 845,098 | ||
Operating expenses | 1,776,638 | 1,774,936 | ||
Operating Partnerships Total Expenses | 3,113,595 | 3,202,780 | ||
NET LOSS | -306,527 | -454,215 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -303,462 | [20] | -449,673 | [20] |
Net loss allocated to other Partners | -3,065 | -4,542 | ||
Series Thirty Nine [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 2,051,267 | 1,917,038 | ||
Interest and other | 74,127 | 103,481 | ||
Operating Partnerships Revenues | 2,125,394 | 2,020,519 | ||
Expenses | ' | ' | ||
Interest | 381,191 | 379,418 | ||
Depreciation and amortization | 658,304 | 713,451 | ||
Operating expenses | 1,419,540 | 1,385,752 | ||
Operating Partnerships Total Expenses | 2,459,035 | 2,478,621 | ||
NET LOSS | -333,641 | -458,102 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -330,305 | [21] | -453,521 | [21] |
Net loss allocated to other Partners | -3,336 | -4,581 | ||
Series Forty [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 3,077,919 | 3,308,765 | ||
Interest and other | 74,743 | 77,738 | ||
Operating Partnerships Revenues | 3,152,662 | 3,386,503 | ||
Expenses | ' | ' | ||
Interest | 680,754 | 669,553 | ||
Depreciation and amortization | 989,733 | 1,016,943 | ||
Operating expenses | 2,119,148 | 2,138,723 | ||
Operating Partnerships Total Expenses | 3,789,635 | 3,825,219 | ||
NET LOSS | -636,973 | -438,716 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -630,603 | [22] | -434,329 | [22] |
Net loss allocated to other Partners | -6,370 | -4,387 | ||
Series Forty One [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 4,184,645 | 4,172,724 | ||
Interest and other | 109,707 | 133,413 | ||
Operating Partnerships Revenues | 4,294,352 | 4,306,137 | ||
Expenses | ' | ' | ||
Interest | 875,912 | 935,899 | ||
Depreciation and amortization | 1,676,222 | 1,641,881 | ||
Operating expenses | 2,391,198 | 2,364,724 | ||
Operating Partnerships Total Expenses | 4,943,332 | 4,942,504 | ||
NET LOSS | -648,980 | -636,367 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -642,490 | [23] | -630,003 | [23] |
Net loss allocated to other Partners | -6,490 | -6,364 | ||
Series Forty Two [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 4,642,261 | 4,605,637 | ||
Interest and other | 151,839 | 167,432 | ||
Operating Partnerships Revenues | 4,794,100 | 4,773,069 | ||
Expenses | ' | ' | ||
Interest | 962,345 | 1,026,347 | ||
Depreciation and amortization | 1,308,459 | 1,323,780 | ||
Operating expenses | 2,799,018 | 2,708,685 | ||
Operating Partnerships Total Expenses | 5,069,822 | 5,058,812 | ||
NET LOSS | -275,722 | -285,743 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -272,965 | [24] | -282,886 | [24] |
Net loss allocated to other Partners | -2,757 | -2,857 | ||
Series Forty Three [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 5,716,863 | 5,517,463 | ||
Interest and other | 178,429 | 151,927 | ||
Operating Partnerships Revenues | 5,895,292 | 5,669,390 | ||
Expenses | ' | ' | ||
Interest | 1,102,099 | 1,104,215 | ||
Depreciation and amortization | 1,712,649 | 1,743,561 | ||
Operating expenses | 3,372,052 | 3,300,449 | ||
Operating Partnerships Total Expenses | 6,186,800 | 6,148,225 | ||
NET LOSS | -291,508 | -478,835 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -288,593 | [25] | -474,047 | [25] |
Net loss allocated to other Partners | -2,915 | -4,788 | ||
Series Forty Four [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 5,846,657 | 5,669,739 | ||
Interest and other | 211,036 | 219,116 | ||
Operating Partnerships Revenues | 6,057,693 | 5,888,855 | ||
Expenses | ' | ' | ||
Interest | 1,776,274 | 1,828,807 | ||
Depreciation and amortization | 1,725,913 | 1,716,055 | ||
Operating expenses | 3,431,350 | 3,576,873 | ||
Operating Partnerships Total Expenses | 6,933,537 | 7,121,735 | ||
NET LOSS | -875,844 | -1,232,880 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -867,086 | [26] | -1,220,551 | [26] |
Net loss allocated to other Partners | -8,758 | -12,329 | ||
Series Forty Five [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 7,151,010 | 7,417,902 | ||
Interest and other | 191,009 | 234,461 | ||
Operating Partnerships Revenues | 7,342,019 | 7,652,363 | ||
Expenses | ' | ' | ||
Interest | 1,511,863 | 1,685,914 | ||
Depreciation and amortization | 2,080,236 | 2,130,427 | ||
Operating expenses | 4,598,368 | 4,738,094 | ||
Operating Partnerships Total Expenses | 8,190,467 | 8,554,435 | ||
NET LOSS | -848,448 | -902,072 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -839,964 | [27] | -893,051 | [27] |
Net loss allocated to other Partners | -8,484 | -9,021 | ||
Series Forty Six [Member] | ' | ' | ||
Revenues | ' | ' | ||
Rental | 4,107,717 | 4,059,694 | ||
Interest and other | 155,660 | 143,742 | ||
Operating Partnerships Revenues | 4,263,377 | 4,203,436 | ||
Expenses | ' | ' | ||
Interest | 931,809 | 997,788 | ||
Depreciation and amortization | 998,258 | 1,037,352 | ||
Operating expenses | 2,763,876 | 2,557,883 | ||
Operating Partnerships Total Expenses | 4,693,943 | 4,593,023 | ||
NET LOSS | -430,566 | -389,587 | ||
Net loss allocated to Boston Capital Tax Credit Fund IV L.P.* | -426,261 | -385,691 | ||
Net loss allocated to other Partners | ($4,305) | ($3,896) | ||
[1] | Amounts include $(9,717,981) and $(10,825,612) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[2] | Amounts include $(288,298) and $(228,512) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[3] | Amounts include $(2,411) and $(95,685) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[4] | Amounts include $(186,462) and $(267,951) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[5] | Amounts include $(307,879) and $(189,643) for 2013 and 2012, of net loss not recognized under the equity method of accounting. | |||
[6] | Amounts include $(156,201) and $(119,087) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[7] | Amounts include $(81,704) and $(64,494) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[8] | Amounts include $(531,639) and $(626,272) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[9] | Amounts include $(35,687) and $(113,068) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[10] | Amounts include $(365,869) and $(415,053) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[11] | Amounts include $(746,239) and $(849,588) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[12] | Amounts include $(472,340) and $(465,211) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[13] | Amounts include $(544,454) and $(516,875) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[14] | Amounts include $(837,833) and $(930,868) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[15] | Amounts include $(224,941) and $(311,942) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[16] | Amounts include $(473,470) and $(762,952) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[17] | Amounts include $(289,782) and $(518,492) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[18] | Amounts include $(306,723) and $(285,030) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[19] | Amounts include $(681,853) and $(791,375) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[20] | Amounts include $(303,462) and $(424,900) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[21] | Amounts include $(330,305) and $(340,018) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[22] | Amounts include $(630,603) and $(244,286) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[23] | Amounts include $(642,490) and $(272,776) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[24] | Amounts include $(165,552) and $(288,655) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[25] | Amounts include $(42,243) and $(320,693) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[26] | Amounts include $(764,573) and $(987,486) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. | |||
[27] | Amounts include $(304,968) and $(394,700) for 2013 and 2012, respectively, of net loss not recognized under the equity method of accounting. |
INVESTMENTS_IN_OPERATING_PARTN6
INVESTMENTS IN OPERATING PARTNERSHIPS (Details Textual) (USD $) | 9 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Mar. 31, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Series Twenty [Member] | Series Twenty [Member] | Series Twenty One [Member] | Series Twenty One [Member] | Series Twenty Two [Member] | Series Twenty Two [Member] | Series Twenty Three [Member] | Series Twenty Three [Member] | Series Twenty Four [Member] | Series Twenty Four [Member] | Series Twenty Five [Member] | Series Twenty Five [Member] | Series Twenty Five [Member] | Series Twenty Six [Member] | Series Twenty Six [Member] | Series Twenty Seven [Member] | Series Twenty Seven [Member] | Series Twenty Eight [Member] | Series Twenty Eight [Member] | Series Twenty Nine [Member] | Series Twenty Nine [Member] | Series Twenty Nine [Member] | Series Thirty [Member] | Series Thirty [Member] | Series Thirty One [Member] | Series Thirty One [Member] | Series Thirty Two [Member] | Series Thirty Two [Member] | Series Thirty Three [Member] | Series Thirty Three [Member] | Series Thirty Four [Member] | Series Thirty Four [Member] | Series Thirty Five [Member] | Series Thirty Five [Member] | Series Thirty Six [Member] | Series Thirty Six [Member] | Series Thirty Seven [Member] | Series Thirty Seven [Member] | Series Thirty Eight [Member] | Series Thirty Eight [Member] | Series Thirty Nine [Member] | Series Thirty Nine [Member] | Series Forty [Member] | Series Forty [Member] | Series Forty One [Member] | Series Forty One [Member] | Series Forty Two [Member] | Series Forty Two [Member] | Series Forty Three [Member] | Series Forty Three [Member] | Series Forty Four [Member] | Series Forty Four [Member] | Series Forty Five [Member] | Series Forty Five [Member] | ||||
Income Loss Not Recognized Under Equity Method Accounting | ($9,717,981) | ' | ($10,825,612) | ($288,298) | ($228,512) | ($2,411) | ($95,685) | ($186,462) | ($267,951) | ($307,879) | ($189,643) | ($156,201) | ($119,087) | ($81,704) | ($64,494) | ' | ($531,639) | ($626,272) | ($35,687) | ($113,068) | ($365,869) | ($415,053) | ' | ($746,239) | ($849,588) | ($472,340) | ($465,211) | ($544,454) | ($516,875) | ($837,833) | ($930,868) | ($224,941) | ($311,942) | ($473,470) | ($762,952) | ($289,782) | ($518,492) | ($306,723) | ($285,030) | ($681,853) | ($791,375) | ($303,462) | ($424,900) | ($330,305) | ($340,018) | ($630,603) | ($244,286) | ($642,490) | ($272,776) | ($165,552) | ($288,655) | ($42,243) | ($320,693) | ($764,573) | ($987,486) | ($304,968) | ($394,700) |
Fund Receivable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 618,889 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from Limited Partnership Investments | ' | 1,263,136 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Write Off Of Capital Contribution Payable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1,962 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
SUBSEQUENT_EVENTS_Details_Text
SUBSEQUENT EVENTS (Details Textual) (USD $) | 9 Months Ended |
Dec. 31, 2013 | |
Estimated Cash Proceeds To Operating Partnership | $100,000 |
Estimated Gain On The Sale Of The Operating Partnerships | $95,000 |