Document And Entity Information
Document And Entity Information | 9 Months Ended |
Dec. 31, 2018shares | |
Document Information [Line Items] | |
Document Type | 10-Q |
Amendment Flag | false |
Document Period End Date | Dec. 31, 2018 |
Document Fiscal Year Focus | 2,019 |
Document Fiscal Period Focus | Q3 |
Entity Registrant Name | BOSTON CAPITAL TAX CREDIT FUND IV LP |
Entity Central Index Key | 913,778 |
Current Fiscal Year End Date | --03-31 |
Entity Filer Category | Non-accelerated Filer |
Entity Common Stock, Shares Outstanding | 0 |
Entity Emerging Growth Company | false |
Entity Small Business | true |
CONDENSED BALANCE SHEETS
CONDENSED BALANCE SHEETS - USD ($) | Dec. 31, 2018 | Mar. 31, 2018 |
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | $ 0 | $ 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 23,668,446 | 27,208,717 |
Other assets | 40,088 | 40,088 |
ASSETS | 23,708,534 | 27,248,805 |
LIABILITIES | ||
Accounts payable and accrued expenses | 1,642,092 | 654,673 |
Accounts payable affiliates (Note C) | 19,723,088 | 29,495,273 |
Capital contributions payable | 44,094 | 176,746 |
LIABILITIES | 21,409,274 | 30,326,692 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 2,894,455 | 2,931,035 |
General Partner | (595,195) | (6,008,922) |
PARTNERS' CAPITAL (DEFICIT) | 2,299,260 | (3,077,887) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 23,708,534 | 27,248,805 |
Series Twenty [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 241,987 |
Other assets | 0 | 0 |
ASSETS | 0 | 241,987 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 1,444,723 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 1,444,723 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (754,767) | (882,456) |
General Partner | 754,767 | (320,280) |
PARTNERS' CAPITAL (DEFICIT) | 0 | (1,202,736) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 241,987 |
Series Twenty One [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (898,231) | (898,231) |
General Partner | 898,231 | 898,231 |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Twenty Two [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 221,864 |
Other assets | 0 | 0 |
ASSETS | 0 | 221,864 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 2,878,109 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 2,878,109 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (2,448,362) | (2,410,599) |
General Partner | 2,448,362 | (245,646) |
PARTNERS' CAPITAL (DEFICIT) | 0 | (2,656,245) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 221,864 |
Series Twenty Three [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 446,136 |
Other assets | 0 | 0 |
ASSETS | 0 | 446,136 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 933,387 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 933,387 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (224,264) | (197,532) |
General Partner | 224,264 | (289,719) |
PARTNERS' CAPITAL (DEFICIT) | 0 | (487,251) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 446,136 |
Series Twenty Four [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 417,630 | 453,512 |
Other assets | 0 | 0 |
ASSETS | 417,630 | 453,512 |
LIABILITIES | ||
Accounts payable and accrued expenses | 3,000 | 5,000 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 3,000 | 5,000 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 589,736 | 623,279 |
General Partner | (175,106) | (174,767) |
PARTNERS' CAPITAL (DEFICIT) | 414,630 | 448,512 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 417,630 | 453,512 |
Series Twenty Five [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 219,815 | 219,815 |
General Partner | (219,815) | (219,815) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Twenty Six [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 572,306 | 642,258 |
Other assets | 0 | 0 |
ASSETS | 572,306 | 642,258 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 884,926 | 954,178 |
General Partner | (312,620) | (311,920) |
PARTNERS' CAPITAL (DEFICIT) | 572,306 | 642,258 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 572,306 | 642,258 |
Series Twenty Seven [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 6,492,781 | 6,799,933 |
Other assets | 0 | 0 |
ASSETS | 6,492,781 | 6,799,933 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 6,634,301 | 6,938,381 |
General Partner | (141,520) | (138,448) |
PARTNERS' CAPITAL (DEFICIT) | 6,492,781 | 6,799,933 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 6,492,781 | 6,799,933 |
Series Twenty Eight [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 701,439 | 742,564 |
Other assets | 0 | 0 |
ASSETS | 701,439 | 742,564 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 976,261 | 1,016,975 |
General Partner | (274,822) | (274,411) |
PARTNERS' CAPITAL (DEFICIT) | 701,439 | 742,564 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 701,439 | 742,564 |
Series Twenty Nine [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 196,692 | 622,414 |
Other assets | 0 | 0 |
ASSETS | 196,692 | 622,414 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 3,069,575 | 3,559,561 |
Capital contributions payable | 785 | 885 |
LIABILITIES | 3,070,360 | 3,560,446 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (2,506,284) | (2,570,004) |
General Partner | (367,384) | (368,028) |
PARTNERS' CAPITAL (DEFICIT) | (2,873,668) | (2,938,032) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 196,692 | 622,414 |
Series Thirty [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 453,433 |
Other assets | 0 | 0 |
ASSETS | 0 | 453,433 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 3,500 |
Accounts payable affiliates (Note C) | 0 | 1,620,957 |
Capital contributions payable | 0 | 65,176 |
LIABILITIES | 0 | 1,689,633 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (883,119) | (996,782) |
General Partner | 883,119 | (239,418) |
PARTNERS' CAPITAL (DEFICIT) | 0 | (1,236,200) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 453,433 |
Series Thirty One [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 1,958,503 | 1,971,680 |
Other assets | 25,000 | 25,000 |
ASSETS | 1,983,503 | 1,996,680 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 25,000 | 66,294 |
LIABILITIES | 25,000 | 66,294 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 2,318,177 | 2,290,341 |
General Partner | (359,674) | (359,955) |
PARTNERS' CAPITAL (DEFICIT) | 1,958,503 | 1,930,386 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 1,983,503 | 1,996,680 |
Series Thirty Two [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 225,947 | 563,697 |
Other assets | 0 | 0 |
ASSETS | 225,947 | 563,697 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 198,731 | 924,936 |
Capital contributions payable | 1,229 | 1,229 |
LIABILITIES | 199,960 | 926,165 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 432,090 | 47,520 |
General Partner | (406,103) | (409,988) |
PARTNERS' CAPITAL (DEFICIT) | 25,987 | (362,468) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 225,947 | 563,697 |
Series Thirty Three [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 229,636 | 452,033 |
Other assets | 0 | 0 |
ASSETS | 229,636 | 452,033 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 1,085,969 | 1,252,955 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,085,969 | 1,252,955 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (621,990) | (567,133) |
General Partner | (234,343) | (233,789) |
PARTNERS' CAPITAL (DEFICIT) | (856,333) | (800,922) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 229,636 | 452,033 |
Series Thirty Four [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 223,081 | 394,837 |
Other assets | 0 | 0 |
ASSETS | 223,081 | 394,837 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 2,727,465 | 2,840,368 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 2,727,465 | 2,840,368 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (2,178,950) | (2,120,686) |
General Partner | (325,434) | (324,845) |
PARTNERS' CAPITAL (DEFICIT) | (2,504,384) | (2,445,531) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 223,081 | 394,837 |
Series Thirty Five [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 4,400,908 | 4,428,306 |
Other assets | 0 | 0 |
ASSETS | 4,400,908 | 4,428,306 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 4,638,924 | 4,666,048 |
General Partner | (238,016) | (237,742) |
PARTNERS' CAPITAL (DEFICIT) | 4,400,908 | 4,428,306 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 4,400,908 | 4,428,306 |
Series Thirty Six [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 2,856,924 | 2,106,050 |
Other assets | 0 | 0 |
ASSETS | 2,856,924 | 2,106,050 |
LIABILITIES | ||
Accounts payable and accrued expenses | 701,319 | 131,000 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 701,319 | 131,000 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 2,312,712 | 2,133,963 |
General Partner | (157,107) | (158,913) |
PARTNERS' CAPITAL (DEFICIT) | 2,155,605 | 1,975,050 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 2,856,924 | 2,106,050 |
Series Thirty Seven [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 517,887 |
Other assets | 0 | 0 |
ASSETS | 0 | 517,887 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 513,149 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 513,149 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 205,359 | 220,255 |
General Partner | (205,359) | (215,517) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 4,738 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 517,887 |
Series Thirty Eight [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 1,486,571 | 1,492,145 |
Other assets | 0 | 0 |
ASSETS | 1,486,571 | 1,492,145 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 18,234 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 18,234 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 1,689,989 | 1,677,456 |
General Partner | (203,418) | (203,545) |
PARTNERS' CAPITAL (DEFICIT) | 1,486,571 | 1,473,911 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 1,486,571 | 1,492,145 |
Series Thirty Nine [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 196,043 | 196,043 |
General Partner | (196,043) | (196,043) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Forty [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 229,311 | 431,341 |
Other assets | 0 | 0 |
ASSETS | 229,311 | 431,341 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 2,264,647 | 2,413,069 |
Capital contributions payable | 102 | 102 |
LIABILITIES | 2,264,749 | 2,413,171 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (1,790,140) | (1,737,068) |
General Partner | (245,298) | (244,762) |
PARTNERS' CAPITAL (DEFICIT) | (2,035,438) | (1,981,830) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 229,311 | 431,341 |
Series Forty One [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 249,679 | 741,152 |
Other assets | 0 | 0 |
ASSETS | 249,679 | 741,152 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 2,479,532 | 2,893,606 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 2,479,532 | 2,893,606 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (1,958,386) | (1,881,761) |
General Partner | (271,467) | (270,693) |
PARTNERS' CAPITAL (DEFICIT) | (2,229,853) | (2,152,454) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 249,679 | 741,152 |
Series Forty Two [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 1,319,625 | 1,327,017 |
Other assets | 11,300 | 11,300 |
ASSETS | 1,330,925 | 1,338,317 |
LIABILITIES | ||
Accounts payable and accrued expenses | 1,500 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 254 | 254 |
LIABILITIES | 1,754 | 254 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 1,556,817 | 1,565,620 |
General Partner | (227,646) | (227,557) |
PARTNERS' CAPITAL (DEFICIT) | 1,329,171 | 1,338,063 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 1,330,925 | 1,338,317 |
Series Forty Three [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 769,315 | 854,364 |
Other assets | 0 | 0 |
ASSETS | 769,315 | 854,364 |
LIABILITIES | ||
Accounts payable and accrued expenses | 363,500 | 0 |
Accounts payable affiliates (Note C) | 485,101 | 915,591 |
Capital contributions payable | 0 | 26,082 |
LIABILITIES | 848,601 | 941,673 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 243,028 | 235,085 |
General Partner | (322,314) | (322,394) |
PARTNERS' CAPITAL (DEFICIT) | (79,286) | (87,309) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 769,315 | 854,364 |
Series Forty Four [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 109,921 | 84,006 |
Other assets | 0 | 0 |
ASSETS | 109,921 | 84,006 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 3,016,016 | 2,830,127 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 3,016,016 | 2,830,127 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (2,639,586) | (2,481,212) |
General Partner | (266,509) | (264,909) |
PARTNERS' CAPITAL (DEFICIT) | (2,906,095) | (2,746,121) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 109,921 | 84,006 |
Series Forty Five [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 928,655 | 753,702 |
Other assets | 0 | 0 |
ASSETS | 928,655 | 753,702 |
LIABILITIES | ||
Accounts payable and accrued expenses | 572,773 | 515,173 |
Accounts payable affiliates (Note C) | 2,547,165 | 2,584,511 |
Capital contributions payable | 16,724 | 16,724 |
LIABILITIES | 3,136,662 | 3,116,408 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (1,832,265) | (1,985,417) |
General Partner | (375,742) | (377,289) |
PARTNERS' CAPITAL (DEFICIT) | (2,208,007) | (2,362,706) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 928,655 | 753,702 |
Series Forty Six [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 299,522 | 466,399 |
Other assets | 3,788 | 3,788 |
ASSETS | 303,310 | 470,187 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 1,848,887 | 1,871,990 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,848,887 | 1,871,990 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (1,267,379) | (1,125,043) |
General Partner | (278,198) | (276,760) |
PARTNERS' CAPITAL (DEFICIT) | (1,545,577) | (1,401,803) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | $ 303,310 | $ 470,187 |
CONDENSED BALANCE SHEETS _Paren
CONDENSED BALANCE SHEETS [Parenthetical] - $ / shares | Dec. 31, 2018 | Mar. 31, 2018 |
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 83,175,478 | 83,175,478 |
Series Twenty [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 3,829,200 | 3,829,200 |
Series Twenty One [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 1,879,500 | 1,879,500 |
Series Twenty Two [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,550,645 | 2,550,645 |
Series Twenty Three [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 3,303,327 | 3,303,327 |
Series Twenty Four [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,152,753 | 2,152,753 |
Series Twenty Five [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 3,016,809 | 3,016,809 |
Series Twenty Six [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 3,965,400 | 3,965,400 |
Series Twenty Seven [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,443,900 | 2,443,900 |
Series Twenty Eight [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 3,984,138 | 3,984,138 |
Series Twenty Nine [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 3,955,225 | 3,955,225 |
Series Thirty [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,621,200 | 2,621,200 |
Series Thirty One [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 4,382,757 | 4,382,757 |
Series Thirty Two [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 4,736,198 | 4,736,198 |
Series Thirty Three [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,626,533 | 2,626,533 |
Series Thirty Four [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 3,509,919 | 3,509,919 |
Series Thirty Five [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 3,279,913 | 3,279,913 |
Series Thirty Six [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,092,704 | 2,092,704 |
Series Thirty Seven [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,489,100 | 2,489,100 |
Series Thirty Eight [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,538,700 | 2,538,700 |
Series Thirty Nine [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,288,351 | 2,288,351 |
Series Forty [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,621,756 | 2,621,756 |
Series Forty One [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,874,926 | 2,874,926 |
Series Forty Two [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,732,262 | 2,732,262 |
Series Forty Three [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 3,629,487 | 3,629,487 |
Series Forty Four [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,693,973 | 2,693,973 |
Series Forty Five [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 4,008,167 | 4,008,167 |
Series Forty Six [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, 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 | 2,968,635 | 2,968,635 |
CONDENSED STATEMENTS OF OPERATI
CONDENSED STATEMENTS OF OPERATIONS - USD ($) | 3 Months Ended | 9 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2018 | Dec. 31, 2017 | |
Income | ||||
Interest income | $ 60,657 | $ 44,147 | $ 163,651 | $ 80,976 |
Other income | 35,136 | 61,482 | 292,224 | 254,126 |
Revenues | 95,793 | 105,629 | 455,875 | 335,102 |
Gain on Disposition of Operating Partnerships | 467,156 | 1,055,522 | 3,086,786 | 11,305,952 |
Expenses | ||||
Professional fees | 70,561 | 26,251 | 497,467 | 581,933 |
Fund management fee, net (Note C) | 376,113 | 456,851 | 1,192,744 | 1,530,568 |
General and administrative expenses | 303,064 | 259,174 | 547,591 | 508,530 |
Operating expenses | 749,738 | 742,276 | 2,237,802 | 2,621,031 |
NET INCOME (LOSS) | (186,789) | 418,875 | 1,304,859 | 9,020,023 |
Net income (loss) allocated to assignees | (184,923) | 414,684 | 1,291,810 | 8,929,822 |
Net income (loss) allocated to general partner | $ (1,866) | $ 4,191 | $ 13,049 | $ 90,201 |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0.02 | $ 0.11 |
Series Twenty [Member] | ||||
Income | ||||
Interest income | $ 361 | $ 284 | $ 1,340 | $ 350 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 361 | 284 | 1,340 | 350 |
Gain on Disposition of Operating Partnerships | 42,000 | 42,000 | 197,337 | 42,000 |
Expenses | ||||
Professional fees | 2,831 | 657 | 14,501 | 14,281 |
Fund management fee, net (Note C) | 2,549 | 5,336 | 7,369 | 14,295 |
General and administrative expenses | 36,709 | 6,930 | 47,828 | 16,976 |
Operating expenses | 42,089 | 12,923 | 69,698 | 45,552 |
NET INCOME (LOSS) | 272 | 29,361 | 128,979 | (3,202) |
Net income (loss) allocated to assignees | 269 | 29,067 | 127,689 | (3,170) |
Net income (loss) allocated to general partner | $ 3 | $ 294 | $ 1,290 | $ (32) |
Net income (loss) per BAC | $ 0 | $ 0.01 | $ 0.03 | $ 0 |
Series Twenty One [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 81 | $ 0 | $ 137 |
Other income | 0 | 0 | 0 | 859 |
Revenues | 0 | 81 | 0 | 996 |
Gain on Disposition of Operating Partnerships | 0 | 67,000 | 0 | 67,000 |
Expenses | ||||
Professional fees | 0 | 1,314 | 0 | 12,275 |
Fund management fee, net (Note C) | 0 | 2,216 | 0 | 5,603 |
General and administrative expenses | 0 | 32,726 | 0 | 40,874 |
Operating expenses | 0 | 36,256 | 0 | 58,752 |
NET INCOME (LOSS) | 0 | 30,825 | 0 | 9,244 |
Net income (loss) allocated to assignees | 0 | 30,517 | 0 | 9,152 |
Net income (loss) allocated to general partner | $ 0 | $ 308 | $ 0 | $ 92 |
Net income (loss) per BAC | $ 0 | $ 0.02 | $ 0 | $ 0 |
Series Twenty Two [Member] | ||||
Income | ||||
Interest income | $ 455 | $ 196 | $ 1,579 | $ 361 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 455 | 196 | 1,579 | 361 |
Gain on Disposition of Operating Partnerships | 38,000 | 0 | 38,000 | 0 |
Expenses | ||||
Professional fees | 2,406 | 657 | 13,451 | 12,818 |
Fund management fee, net (Note C) | 6,426 | 7,303 | 18,778 | 21,409 |
General and administrative expenses | 35,675 | 5,479 | 45,494 | 14,441 |
Operating expenses | 44,507 | 13,439 | 77,723 | 48,668 |
NET INCOME (LOSS) | (6,052) | (13,243) | (38,144) | (48,307) |
Net income (loss) allocated to assignees | (5,991) | (13,111) | (37,763) | (47,824) |
Net income (loss) allocated to general partner | $ (61) | $ (132) | $ (381) | $ (483) |
Net income (loss) per BAC | $ 0 | $ (0.01) | $ (0.01) | $ (0.02) |
Series Twenty Three [Member] | ||||
Income | ||||
Interest income | $ 489 | $ 1,140 | $ 2,045 | $ 3,364 |
Other income | 0 | 1,977 | 3,955 | 5,932 |
Revenues | 489 | 3,117 | 6,000 | 9,296 |
Gain on Disposition of Operating Partnerships | 43,500 | 30,296 | 43,500 | 989,962 |
Expenses | ||||
Professional fees | 2,731 | 657 | 15,332 | 16,579 |
Fund management fee, net (Note C) | 5,556 | 5,556 | 13,062 | 14,918 |
General and administrative expenses | 37,264 | 6,533 | 48,108 | 16,306 |
Operating expenses | 45,551 | 12,746 | 76,502 | 47,803 |
NET INCOME (LOSS) | (1,562) | 20,667 | (27,002) | 951,455 |
Net income (loss) allocated to assignees | (1,546) | 20,460 | (26,732) | 941,940 |
Net income (loss) allocated to general partner | $ (16) | $ 207 | $ (270) | $ 9,515 |
Net income (loss) per BAC | $ 0 | $ 0.01 | $ (0.01) | $ 0.28 |
Series Twenty Four [Member] | ||||
Income | ||||
Interest income | $ 705 | $ 211 | $ 1,826 | $ 372 |
Other income | 0 | 344 | 582 | 748 |
Revenues | 705 | 555 | 2,408 | 1,120 |
Gain on Disposition of Operating Partnerships | 23,678 | 0 | 23,678 | 0 |
Expenses | ||||
Professional fees | 1,513 | 657 | 15,254 | 14,336 |
Fund management fee, net (Note C) | 9,927 | 12,098 | 30,282 | 34,929 |
General and administrative expenses | 5,150 | 5,131 | 14,432 | 13,969 |
Operating expenses | 16,590 | 17,886 | 59,968 | 63,234 |
NET INCOME (LOSS) | 7,793 | (17,331) | (33,882) | (62,114) |
Net income (loss) allocated to assignees | 7,715 | (17,158) | (33,543) | (61,493) |
Net income (loss) allocated to general partner | $ 78 | $ (173) | $ (339) | $ (621) |
Net income (loss) per BAC | $ 0 | $ (0.01) | $ (0.02) | $ (0.03) |
Series Twenty Five [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 143 |
Other income | 0 | 0 | 0 | 10,178 |
Revenues | 0 | 0 | 0 | 10,321 |
Gain on Disposition of Operating Partnerships | 0 | 0 | 0 | 97,399 |
Expenses | ||||
Professional fees | 0 | 1,314 | 0 | 13,993 |
Fund management fee, net (Note C) | 0 | 0 | 0 | 9,682 |
General and administrative expenses | 0 | 40,074 | 0 | 49,639 |
Operating expenses | 0 | 41,388 | 0 | 73,314 |
NET INCOME (LOSS) | 0 | (41,388) | 0 | 34,406 |
Net income (loss) allocated to assignees | 0 | (40,974) | 0 | 34,062 |
Net income (loss) allocated to general partner | $ 0 | $ (414) | $ 0 | $ 344 |
Net income (loss) per BAC | $ 0 | $ (0.01) | $ 0 | $ 0.01 |
Series Twenty Six [Member] | ||||
Income | ||||
Interest income | $ 1,168 | $ 530 | $ 3,115 | $ 799 |
Other income | 0 | 0 | 420 | 526 |
Revenues | 1,168 | 530 | 3,535 | 1,325 |
Gain on Disposition of Operating Partnerships | 0 | 0 | 10,500 | 80,000 |
Expenses | ||||
Professional fees | 2,166 | 657 | 22,612 | 20,884 |
Fund management fee, net (Note C) | 13,938 | 15,609 | 42,485 | 56,858 |
General and administrative expenses | 7,464 | 7,656 | 18,890 | 18,331 |
Operating expenses | 23,568 | 23,922 | 83,987 | 96,073 |
NET INCOME (LOSS) | (22,400) | (23,392) | (69,952) | (14,748) |
Net income (loss) allocated to assignees | (22,176) | (23,158) | (69,252) | (14,601) |
Net income (loss) allocated to general partner | $ (224) | $ (234) | $ (700) | $ (147) |
Net income (loss) per BAC | $ (0.01) | $ (0.01) | $ (0.02) | $ 0 |
Series Twenty Seven [Member] | ||||
Income | ||||
Interest income | $ 17,986 | $ 8,050 | $ 44,222 | $ 19,993 |
Other income | 0 | 7,370 | 1,366 | 17,473 |
Revenues | 17,986 | 15,420 | 45,588 | 37,466 |
Gain on Disposition of Operating Partnerships | 0 | 0 | 0 | 3,291,567 |
Expenses | ||||
Professional fees | 2,081 | 2,577 | 16,741 | 79,116 |
Fund management fee, net (Note C) | (2,365) | 155 | 10,525 | 22,678 |
General and administrative expenses | 5,062 | 4,895 | 14,511 | 13,797 |
Operating expenses | 4,778 | 7,627 | 41,777 | 115,591 |
NET INCOME (LOSS) | 13,208 | 7,793 | 3,811 | 3,213,442 |
Net income (loss) allocated to assignees | 13,076 | 7,715 | 3,773 | 3,181,308 |
Net income (loss) allocated to general partner | $ 132 | $ 78 | $ 38 | $ 32,134 |
Net income (loss) per BAC | $ 0.01 | $ 0 | $ 0 | $ 1.30 |
Series Twenty Eight [Member] | ||||
Income | ||||
Interest income | $ 1,235 | $ 577 | $ 3,212 | $ 872 |
Other income | 0 | 0 | 446 | 446 |
Revenues | 1,235 | 577 | 3,658 | 1,318 |
Gain on Disposition of Operating Partnerships | 0 | 0 | 8,500 | 0 |
Expenses | ||||
Professional fees | 2,003 | 657 | 14,429 | 16,372 |
Fund management fee, net (Note C) | 7,296 | 8,844 | 21,436 | 24,532 |
General and administrative expenses | 6,537 | 6,717 | 17,418 | 16,815 |
Operating expenses | 15,836 | 16,218 | 53,283 | 57,719 |
NET INCOME (LOSS) | (14,601) | (15,641) | (41,125) | (56,401) |
Net income (loss) allocated to assignees | (14,455) | (15,485) | (40,714) | (55,837) |
Net income (loss) allocated to general partner | $ (146) | $ (156) | $ (411) | $ (564) |
Net income (loss) per BAC | $ 0 | $ 0 | $ (0.01) | $ (0.01) |
Series Twenty Nine [Member] | ||||
Income | ||||
Interest income | $ 1,106 | $ 313 | $ 3,313 | $ 493 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 1,106 | 313 | 3,313 | 493 |
Gain on Disposition of Operating Partnerships | 0 | 0 | 123,094 | 0 |
Expenses | ||||
Professional fees | 2,123 | 657 | 17,244 | 17,325 |
Fund management fee, net (Note C) | 4,261 | 20,547 | 26,615 | 58,253 |
General and administrative expenses | 6,940 | 7,413 | 18,184 | 17,560 |
Operating expenses | 13,324 | 28,617 | 62,043 | 93,138 |
NET INCOME (LOSS) | (12,218) | (28,304) | 64,364 | (92,645) |
Net income (loss) allocated to assignees | (12,096) | (28,021) | 63,720 | (91,719) |
Net income (loss) allocated to general partner | $ (122) | $ (283) | $ 644 | $ (926) |
Net income (loss) per BAC | $ 0 | $ (0.01) | $ 0.02 | $ (0.02) |
Series Thirty [Member] | ||||
Income | ||||
Interest income | $ 681 | $ 574 | $ 2,269 | $ 700 |
Other income | 0 | 0 | 2,049 | 1,243 |
Revenues | 681 | 574 | 4,318 | 1,943 |
Gain on Disposition of Operating Partnerships | 153,627 | 0 | 195,182 | 265,984 |
Expenses | ||||
Professional fees | 2,221 | 657 | 18,592 | 15,688 |
Fund management fee, net (Note C) | 5,668 | 10,209 | 18,242 | (9,082) |
General and administrative expenses | 38,433 | 5,314 | 47,855 | 13,963 |
Operating expenses | 46,322 | 16,180 | 84,689 | 20,569 |
NET INCOME (LOSS) | 107,986 | (15,606) | 114,811 | 247,358 |
Net income (loss) allocated to assignees | 106,906 | (15,450) | 113,663 | 244,884 |
Net income (loss) allocated to general partner | $ 1,080 | $ (156) | $ 1,148 | $ 2,474 |
Net income (loss) per BAC | $ 0.04 | $ (0.01) | $ 0.04 | $ 0.09 |
Series Thirty One [Member] | ||||
Income | ||||
Interest income | $ 5,442 | $ 2,325 | $ 13,940 | $ 4,736 |
Other income | 0 | 0 | 476 | 1,116 |
Revenues | 5,442 | 2,325 | 14,416 | 5,852 |
Gain on Disposition of Operating Partnerships | 36,342 | 0 | 105,794 | 45,000 |
Expenses | ||||
Professional fees | 6,927 | 657 | 24,053 | 26,529 |
Fund management fee, net (Note C) | 16,065 | 19,092 | 50,192 | 60,990 |
General and administrative expenses | 6,779 | 7,199 | 17,848 | 17,307 |
Operating expenses | 29,771 | 26,948 | 92,093 | 104,826 |
NET INCOME (LOSS) | 12,013 | (24,623) | 28,117 | (53,974) |
Net income (loss) allocated to assignees | 11,893 | (24,377) | 27,836 | (53,434) |
Net income (loss) allocated to general partner | $ 120 | $ (246) | $ 281 | $ (540) |
Net income (loss) per BAC | $ 0 | $ (0.01) | $ 0.01 | $ (0.01) |
Series Thirty Two [Member] | ||||
Income | ||||
Interest income | $ 86 | $ 2,148 | $ 1,697 | $ 2,930 |
Other income | 0 | 11,000 | 0 | 11,000 |
Revenues | 86 | 13,148 | 1,697 | 13,930 |
Gain on Disposition of Operating Partnerships | 0 | 128,747 | 487,880 | 1,677,252 |
Expenses | ||||
Professional fees | 7,049 | 657 | 22,552 | 19,436 |
Fund management fee, net (Note C) | 18,294 | 17,234 | 60,175 | 63,474 |
General and administrative expenses | 7,158 | 11,395 | 18,395 | 21,626 |
Operating expenses | 32,501 | 29,286 | 101,122 | 104,536 |
NET INCOME (LOSS) | (32,415) | 112,609 | 388,455 | 1,586,646 |
Net income (loss) allocated to assignees | (32,091) | 111,483 | 384,570 | 1,570,780 |
Net income (loss) allocated to general partner | $ (324) | $ 1,126 | $ 3,885 | $ 15,866 |
Net income (loss) per BAC | $ (0.01) | $ 0.02 | $ 0.08 | $ 0.33 |
Series Thirty Three [Member] | ||||
Income | ||||
Interest income | $ 980 | $ 332 | $ 2,752 | $ 511 |
Other income | 0 | 5,329 | 2,536 | 5,329 |
Revenues | 980 | 5,661 | 5,288 | 5,840 |
Gain on Disposition of Operating Partnerships | 0 | 67,454 | 0 | 67,454 |
Expenses | ||||
Professional fees | 1,484 | 657 | 15,160 | 13,651 |
Fund management fee, net (Note C) | 9,318 | (3,186) | 31,535 | 23,109 |
General and administrative expenses | 4,899 | 4,891 | 14,004 | 13,345 |
Operating expenses | 15,701 | 2,362 | 60,699 | 50,105 |
NET INCOME (LOSS) | (14,721) | 70,753 | (55,411) | 23,189 |
Net income (loss) allocated to assignees | (14,574) | 70,045 | (54,857) | 22,957 |
Net income (loss) allocated to general partner | $ (147) | $ 708 | $ (554) | $ 232 |
Net income (loss) per BAC | $ (0.01) | $ 0.03 | $ (0.02) | $ 0.01 |
Series Thirty Four [Member] | ||||
Income | ||||
Interest income | $ 850 | $ 645 | $ 1,984 | $ 1,448 |
Other income | 0 | 0 | 1,539 | 1,539 |
Revenues | 850 | 645 | 3,523 | 2,987 |
Gain on Disposition of Operating Partnerships | 0 | 0 | 0 | 0 |
Expenses | ||||
Professional fees | 1,783 | 657 | 13,519 | 17,291 |
Fund management fee, net (Note C) | 12,365 | 12,365 | 32,897 | 32,897 |
General and administrative expenses | 5,924 | 5,903 | 15,960 | 15,123 |
Operating expenses | 20,072 | 18,925 | 62,376 | 65,311 |
NET INCOME (LOSS) | (19,222) | (18,280) | (58,853) | (62,324) |
Net income (loss) allocated to assignees | (19,030) | (18,097) | (58,264) | (61,701) |
Net income (loss) allocated to general partner | $ (192) | $ (183) | $ (589) | $ (623) |
Net income (loss) per BAC | $ (0.01) | $ (0.01) | $ (0.02) | $ (0.02) |
Series Thirty Five [Member] | ||||
Income | ||||
Interest income | $ 9,216 | $ 5,396 | $ 25,453 | $ 9,031 |
Other income | 0 | 0 | 0 | 2,818 |
Revenues | 9,216 | 5,396 | 25,453 | 11,849 |
Gain on Disposition of Operating Partnerships | 0 | 0 | 0 | 2,653,528 |
Expenses | ||||
Professional fees | 6,668 | 657 | 18,579 | 16,632 |
Fund management fee, net (Note C) | 4,053 | 7,453 | 18,759 | 39,956 |
General and administrative expenses | 5,571 | 5,576 | 15,513 | 14,895 |
Operating expenses | 16,292 | 13,686 | 52,851 | 71,483 |
NET INCOME (LOSS) | (7,076) | (8,290) | (27,398) | 2,593,894 |
Net income (loss) allocated to assignees | (7,005) | (8,207) | (27,124) | 2,567,955 |
Net income (loss) allocated to general partner | $ (71) | $ (83) | $ (274) | $ 25,939 |
Net income (loss) per BAC | $ 0 | $ 0 | $ (0.01) | $ 0.78 |
Series Thirty Six [Member] | ||||
Income | ||||
Interest income | $ 6,084 | $ 2,465 | $ 15,772 | $ 5,764 |
Other income | 0 | 0 | 5,119 | 3,968 |
Revenues | 6,084 | 2,465 | 20,891 | 9,732 |
Gain on Disposition of Operating Partnerships | 9,941 | 0 | 253,104 | 0 |
Expenses | ||||
Professional fees | 11,756 | 657 | 67,005 | 17,448 |
Fund management fee, net (Note C) | 1,775 | 7,626 | 13,481 | 20,968 |
General and administrative expenses | 4,335 | 4,272 | 12,954 | 12,507 |
Operating expenses | 17,866 | 12,555 | 93,440 | 50,923 |
NET INCOME (LOSS) | (1,841) | (10,090) | 180,555 | (41,191) |
Net income (loss) allocated to assignees | (1,823) | (9,989) | 178,749 | (40,779) |
Net income (loss) allocated to general partner | $ (18) | $ (101) | $ 1,806 | $ (412) |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0.09 | $ (0.02) |
Series Thirty Seven [Member] | ||||
Income | ||||
Interest income | $ 258 | $ 1,144 | $ 1,784 | $ 4,368 |
Other income | 0 | 0 | 21,485 | 16,657 |
Revenues | 258 | 1,144 | 23,269 | 21,025 |
Gain on Disposition of Operating Partnerships | 41,726 | 140,415 | 1,062,375 | 140,415 |
Expenses | ||||
Professional fees | 2,085 | 657 | 13,306 | 16,628 |
Fund management fee, net (Note C) | 0 | 10,957 | 5,562 | 27,941 |
General and administrative expenses | 38,356 | 4,318 | 50,977 | 12,567 |
Operating expenses | 40,441 | 15,932 | 69,845 | 57,136 |
NET INCOME (LOSS) | 1,543 | 125,627 | 1,015,799 | 104,304 |
Net income (loss) allocated to assignees | 1,528 | 124,371 | 1,005,641 | 103,261 |
Net income (loss) allocated to general partner | $ 15 | $ 1,256 | $ 10,158 | $ 1,043 |
Net income (loss) per BAC | $ 0 | $ 0.05 | $ 0.40 | $ 0.04 |
Series Thirty Eight [Member] | ||||
Income | ||||
Interest income | $ 817 | $ 3,593 | $ 5,374 | $ 6,938 |
Other income | 20,202 | 7,020 | 70,202 | 17,566 |
Revenues | 21,019 | 10,613 | 75,576 | 24,504 |
Gain on Disposition of Operating Partnerships | 0 | 0 | 7,000 | 0 |
Expenses | ||||
Professional fees | 1,459 | 657 | 13,675 | 18,459 |
Fund management fee, net (Note C) | 10,581 | 8,034 | 42,396 | 44,002 |
General and administrative expenses | 4,820 | 4,808 | 13,845 | 13,369 |
Operating expenses | 16,860 | 13,499 | 69,916 | 75,830 |
NET INCOME (LOSS) | 4,159 | (2,886) | 12,660 | (51,326) |
Net income (loss) allocated to assignees | 4,117 | (2,857) | 12,533 | (50,813) |
Net income (loss) allocated to general partner | $ 42 | $ (29) | $ 127 | $ (513) |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0 | $ (0.02) |
Series Thirty Nine [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 175 | $ 0 | $ 870 |
Other income | 0 | 0 | 0 | 386 |
Revenues | 0 | 175 | 0 | 1,256 |
Gain on Disposition of Operating Partnerships | 0 | 17,779 | 0 | 17,779 |
Expenses | ||||
Professional fees | 0 | 1,314 | 0 | 19,295 |
Fund management fee, net (Note C) | 0 | 1,712 | 0 | 5,130 |
General and administrative expenses | 0 | 34,495 | 0 | 42,679 |
Operating expenses | 0 | 37,521 | 0 | 67,104 |
NET INCOME (LOSS) | 0 | (19,567) | 0 | (48,069) |
Net income (loss) allocated to assignees | 0 | (19,371) | 0 | (47,588) |
Net income (loss) allocated to general partner | $ 0 | $ (196) | $ 0 | $ (481) |
Net income (loss) per BAC | $ 0 | $ (0.01) | $ 0 | $ (0.02) |
Series Forty [Member] | ||||
Income | ||||
Interest income | $ 977 | $ 830 | $ 2,395 | $ 923 |
Other income | 0 | 2,262 | 1,250 | 5,172 |
Revenues | 977 | 3,092 | 3,645 | 6,095 |
Gain on Disposition of Operating Partnerships | 0 | 0 | 44,500 | 588,952 |
Expenses | ||||
Professional fees | 1,390 | 657 | 18,131 | 22,111 |
Fund management fee, net (Note C) | 23,390 | 15,119 | 69,028 | 73,594 |
General and administrative expenses | 5,346 | 5,228 | 14,594 | 13,758 |
Operating expenses | 30,126 | 21,004 | 101,753 | 109,463 |
NET INCOME (LOSS) | (29,149) | (17,912) | (53,608) | 485,584 |
Net income (loss) allocated to assignees | (28,858) | (17,733) | (53,072) | 480,728 |
Net income (loss) allocated to general partner | $ (291) | $ (179) | $ (536) | $ 4,856 |
Net income (loss) per BAC | $ (0.01) | $ (0.01) | $ (0.02) | $ 0.18 |
Series Forty One [Member] | ||||
Income | ||||
Interest income | $ 1,165 | $ 1,070 | $ 3,242 | $ 1,480 |
Other income | 0 | 2,765 | 37,141 | 13,908 |
Revenues | 1,165 | 3,835 | 40,383 | 15,388 |
Gain on Disposition of Operating Partnerships | 0 | 63,058 | 14,000 | 782,887 |
Expenses | ||||
Professional fees | 1,620 | 657 | 25,691 | 23,062 |
Fund management fee, net (Note C) | 32,161 | 37,849 | 90,022 | 141,487 |
General and administrative expenses | 6,207 | 7,821 | 16,069 | 17,027 |
Operating expenses | 39,988 | 46,327 | 131,782 | 181,576 |
NET INCOME (LOSS) | (38,823) | 20,566 | (77,399) | 616,699 |
Net income (loss) allocated to assignees | (38,435) | 20,360 | (76,625) | 610,532 |
Net income (loss) allocated to general partner | $ (388) | $ 206 | $ (774) | $ 6,167 |
Net income (loss) per BAC | $ (0.01) | $ 0.01 | $ (0.03) | $ 0.21 |
Series Forty Two [Member] | ||||
Income | ||||
Interest income | $ 4,775 | $ 5,466 | $ 11,761 | $ 6,138 |
Other income | 13,734 | 172 | 20,325 | 15,960 |
Revenues | 18,509 | 5,638 | 32,086 | 22,098 |
Gain on Disposition of Operating Partnerships | 11,822 | 262,279 | 54,322 | 262,279 |
Expenses | ||||
Professional fees | 1,499 | 657 | 23,325 | 20,336 |
Fund management fee, net (Note C) | 23,431 | 35,049 | 56,827 | 113,842 |
General and administrative expenses | 5,829 | 6,073 | 15,148 | 14,961 |
Operating expenses | 30,759 | 41,779 | 95,300 | 149,139 |
NET INCOME (LOSS) | (428) | 226,138 | (8,892) | 135,238 |
Net income (loss) allocated to assignees | (424) | 223,877 | (8,803) | 133,886 |
Net income (loss) allocated to general partner | $ (4) | $ 2,261 | $ (89) | $ 1,352 |
Net income (loss) per BAC | $ 0 | $ 0.08 | $ 0 | $ 0.05 |
Series Forty Three [Member] | ||||
Income | ||||
Interest income | $ 1,434 | $ 4,962 | $ 4,730 | $ 5,156 |
Other income | 0 | 0 | 48,808 | 40,981 |
Revenues | 1,434 | 4,962 | 53,538 | 46,137 |
Gain on Disposition of Operating Partnerships | 66,520 | 225,500 | 75,520 | 225,500 |
Expenses | ||||
Professional fees | 1,758 | 657 | 25,094 | 23,379 |
Fund management fee, net (Note C) | 5,532 | 54,247 | 78,206 | 150,203 |
General and administrative expenses | 7,336 | 7,497 | 17,735 | 17,057 |
Operating expenses | 14,626 | 62,401 | 121,035 | 190,639 |
NET INCOME (LOSS) | 53,328 | 168,061 | 8,023 | 80,998 |
Net income (loss) allocated to assignees | 52,795 | 166,380 | 7,943 | 80,188 |
Net income (loss) allocated to general partner | $ 533 | $ 1,681 | $ 80 | $ 810 |
Net income (loss) per BAC | $ 0.01 | $ 0.05 | $ 0 | $ 0.02 |
Series Forty Four [Member] | ||||
Income | ||||
Interest income | $ 196 | $ 61 | $ 439 | $ 74 |
Other income | 813 | 6,895 | 14,613 | 18,760 |
Revenues | 1,009 | 6,956 | 15,052 | 18,834 |
Gain on Disposition of Operating Partnerships | 0 | 0 | 0 | 0 |
Expenses | ||||
Professional fees | 1,523 | 657 | 15,809 | 24,884 |
Fund management fee, net (Note C) | 53,683 | 31,705 | 144,338 | 146,356 |
General and administrative expenses | 5,540 | 5,377 | 14,879 | 14,015 |
Operating expenses | 60,746 | 37,739 | 175,026 | 185,255 |
NET INCOME (LOSS) | (59,737) | (30,783) | (159,974) | (166,421) |
Net income (loss) allocated to assignees | (59,140) | (30,475) | (158,374) | (164,757) |
Net income (loss) allocated to general partner | $ (597) | $ (308) | $ (1,600) | $ (1,664) |
Net income (loss) per BAC | $ (0.02) | $ (0.01) | $ (0.06) | $ (0.06) |
Series Forty Five [Member] | ||||
Income | ||||
Interest income | $ 2,877 | $ 854 | $ 6,470 | $ 1,752 |
Other income | 387 | 0 | 26,708 | 27,833 |
Revenues | 3,264 | 854 | 33,178 | 29,585 |
Gain on Disposition of Operating Partnerships | 0 | 0 | 342,500 | 0 |
Expenses | ||||
Professional fees | 1,878 | 5,278 | 33,169 | 48,168 |
Fund management fee, net (Note C) | 62,910 | 68,354 | 167,442 | 193,206 |
General and administrative expenses | 9,007 | 8,963 | 20,368 | 19,978 |
Operating expenses | 73,795 | 82,595 | 220,979 | 261,352 |
NET INCOME (LOSS) | (70,531) | (81,741) | 154,699 | (231,767) |
Net income (loss) allocated to assignees | (69,826) | (80,924) | 153,152 | (229,449) |
Net income (loss) allocated to general partner | $ (705) | $ (817) | $ 1,547 | $ (2,318) |
Net income (loss) per BAC | $ (0.02) | $ (0.02) | $ 0.04 | $ (0.06) |
Series Forty Six [Member] | ||||
Income | ||||
Interest income | $ 1,314 | $ 725 | $ 2,937 | $ 1,273 |
Other income | 0 | 16,348 | 33,204 | 33,728 |
Revenues | 1,314 | 17,073 | 36,141 | 35,001 |
Gain on Disposition of Operating Partnerships | 0 | 10,994 | 0 | 10,994 |
Expenses | ||||
Professional fees | 1,607 | 657 | 20,243 | 20,957 |
Fund management fee, net (Note C) | 49,299 | 45,368 | 143,090 | 139,338 |
General and administrative expenses | 6,723 | 6,490 | 16,582 | 15,645 |
Operating expenses | 57,629 | 52,515 | 179,915 | 175,940 |
NET INCOME (LOSS) | (56,315) | (24,448) | (143,774) | (129,945) |
Net income (loss) allocated to assignees | (55,752) | (24,204) | (142,336) | (128,646) |
Net income (loss) allocated to general partner | $ (563) | $ (244) | $ (1,438) | $ (1,299) |
Net income (loss) per BAC | $ (0.02) | $ (0.01) | $ (0.05) | $ (0.04) |
CONDENSED STATEMENTS OF CHANGES
CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT) - 9 months ended Dec. 31, 2018 - USD ($) | Total | General Partner [Member] | Assignees [Member] | Series Twenty [Member] | Series Twenty [Member]General Partner [Member] | Series Twenty [Member]Assignees [Member] | Series Twenty One [Member] | Series Twenty One [Member]General Partner [Member] | Series Twenty One [Member]Assignees [Member] | Series Twenty Two [Member] | Series Twenty Two [Member]General Partner [Member] | Series Twenty Two [Member]Assignees [Member] | Series Twenty Three [Member] | Series Twenty Three [Member]General Partner [Member] | Series Twenty Three [Member]Assignees [Member] | Series Twenty Four [Member] | Series Twenty Four [Member]General Partner [Member] | Series Twenty Four [Member]Assignees [Member] | Series Twenty Five [Member] | Series Twenty Five [Member]General Partner [Member] | Series Twenty Five [Member]Assignees [Member] | Series Twenty Six [Member] | Series Twenty Six [Member]General Partner [Member] | Series Twenty Six [Member]Assignees [Member] | Series Twenty Seven [Member] | Series Twenty Seven [Member]General Partner [Member] | Series Twenty Seven [Member]Assignees [Member] | Series Twenty Eight [Member] | Series Twenty Eight [Member]General Partner [Member] | Series Twenty Eight [Member]Assignees [Member] | Series Twenty Nine [Member] | Series Twenty Nine [Member]General Partner [Member] | Series Twenty Nine [Member]Assignees [Member] | Series Thirty [Member] | Series Thirty [Member]General Partner [Member] | Series Thirty [Member]Assignees [Member] | Series Thirty One [Member] | Series Thirty One [Member]General Partner [Member] | Series Thirty One [Member]Assignees [Member] | Series Thirty Two [Member] | Series Thirty Two [Member]General Partner [Member] | Series Thirty Two [Member]Assignees [Member] | Series Thirty Three [Member] | Series Thirty Three [Member]General Partner [Member] | Series Thirty Three [Member]Assignees [Member] | Series Thirty Four [Member] | Series Thirty Four [Member]General Partner [Member] | Series Thirty Four [Member]Assignees [Member] | Series Thirty Five [Member] | Series Thirty Five [Member]General Partner [Member] | Series Thirty Five [Member]Assignees [Member] | Series Thirty Six [Member] | Series Thirty Six [Member]General Partner [Member] | Series Thirty Six [Member]Assignees [Member] | Series Thirty Seven [Member] | Series Thirty Seven [Member]General Partner [Member] | Series Thirty Seven [Member]Assignees [Member] | Series Thirty Eight [Member] | Series Thirty Eight [Member]General Partner [Member] | Series Thirty Eight [Member]Assignees [Member] | Series Thirty Nine [Member] | Series Thirty Nine [Member]General Partner [Member] | Series Thirty Nine [Member]Assignees [Member] | Series Forty [Member] | Series Forty [Member]General Partner [Member] | Series Forty [Member]Assignees [Member] | Series Forty One [Member] | Series Forty One [Member]General Partner [Member] | Series Forty One [Member]Assignees [Member] | Series Forty Two [Member] | Series Forty Two [Member]General Partner [Member] | Series Forty Two [Member]Assignees [Member] | Series Forty Three [Member] | Series Forty Three [Member]General Partner [Member] | Series Forty Three [Member]Assignees [Member] | Series Forty Four [Member] | Series Forty Four [Member]General Partner [Member] | Series Forty Four [Member]Assignees [Member] | Series Forty Five [Member] | Series Forty Five [Member]General Partner [Member] | Series Forty Five [Member]Assignees [Member] | Series Forty Six [Member] | Series Forty Six [Member]General Partner [Member] | Series Forty Six [Member]Assignees [Member] |
Partners' capital (deficit), Beginning balance at Mar. 31, 2018 | $ (3,077,887) | $ (6,008,922) | $ 2,931,035 | $ (1,202,736) | $ (320,280) | $ (882,456) | $ 0 | $ 898,231 | $ (898,231) | $ (2,656,245) | $ (245,646) | $ (2,410,599) | $ (487,251) | $ (289,719) | $ (197,532) | $ 448,512 | $ (174,767) | $ 623,279 | $ 0 | $ (219,815) | $ 219,815 | $ 642,258 | $ (311,920) | $ 954,178 | $ 6,799,933 | $ (138,448) | $ 6,938,381 | $ 742,564 | $ (274,411) | $ 1,016,975 | $ (2,938,032) | $ (368,028) | $ (2,570,004) | $ (1,236,200) | $ (239,418) | $ (996,782) | $ 1,930,386 | $ (359,955) | $ 2,290,341 | $ (362,468) | $ (409,988) | $ 47,520 | $ (800,922) | $ (233,789) | $ (567,133) | $ (2,445,531) | $ (324,845) | $ (2,120,686) | $ 4,428,306 | $ (237,742) | $ 4,666,048 | $ 1,975,050 | $ (158,913) | $ 2,133,963 | $ 4,738 | $ (215,517) | $ 220,255 | $ 1,473,911 | $ (203,545) | $ 1,677,456 | $ 0 | $ (196,043) | $ 196,043 | $ (1,981,830) | $ (244,762) | $ (1,737,068) | $ (2,152,454) | $ (270,693) | $ (1,881,761) | $ 1,338,063 | $ (227,557) | $ 1,565,620 | $ (87,309) | $ (322,394) | $ 235,085 | $ (2,746,121) | $ (264,909) | $ (2,481,212) | $ (2,362,706) | $ (377,289) | $ (1,985,417) | $ (1,401,803) | $ (276,760) | $ (1,125,043) |
Contributions | 5,403,788 | 5,403,788 | 0 | 1,073,757 | 1,073,757 | 0 | 0 | 0 | 0 | 2,694,389 | 2,694,389 | 0 | 514,253 | 514,253 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,121,389 | 1,121,389 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Distributions | (1,331,500) | (3,110) | (1,328,390) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (310,963) | (3,110) | (307,853) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1,020,537) | 0 | (1,020,537) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net income (loss) | 1,304,859 | 13,049 | 1,291,810 | 128,979 | 1,290 | 127,689 | 0 | 0 | 0 | (38,144) | (381) | (37,763) | (27,002) | (270) | (26,732) | (33,882) | (339) | (33,543) | 0 | 0 | 0 | (69,952) | (700) | (69,252) | 3,811 | 38 | 3,773 | (41,125) | (411) | (40,714) | 64,364 | 644 | 63,720 | 114,811 | 1,148 | 113,663 | 28,117 | 281 | 27,836 | 388,455 | 3,885 | 384,570 | (55,411) | (554) | (54,857) | (58,853) | (589) | (58,264) | (27,398) | (274) | (27,124) | 180,555 | 1,806 | 178,749 | 1,015,799 | 10,158 | 1,005,641 | 12,660 | 127 | 12,533 | 0 | 0 | 0 | (53,608) | (536) | (53,072) | (77,399) | (774) | (76,625) | (8,892) | (89) | (8,803) | 8,023 | 80 | 7,943 | (159,974) | (1,600) | (158,374) | 154,699 | 1,547 | 153,152 | (143,774) | (1,438) | (142,336) |
Partners' capital (deficit), Ending balance at Dec. 31, 2018 | $ 2,299,260 | $ (595,195) | $ 2,894,455 | $ 0 | $ 754,767 | $ (754,767) | $ 0 | $ 898,231 | $ (898,231) | $ 0 | $ 2,448,362 | $ (2,448,362) | $ 0 | $ 224,264 | $ (224,264) | $ 414,630 | $ (175,106) | $ 589,736 | $ 0 | $ (219,815) | $ 219,815 | $ 572,306 | $ (312,620) | $ 884,926 | $ 6,492,781 | $ (141,520) | $ 6,634,301 | $ 701,439 | $ (274,822) | $ 976,261 | $ (2,873,668) | $ (367,384) | $ (2,506,284) | $ 0 | $ 883,119 | $ (883,119) | $ 1,958,503 | $ (359,674) | $ 2,318,177 | $ 25,987 | $ (406,103) | $ 432,090 | $ (856,333) | $ (234,343) | $ (621,990) | $ (2,504,384) | $ (325,434) | $ (2,178,950) | $ 4,400,908 | $ (238,016) | $ 4,638,924 | $ 2,155,605 | $ (157,107) | $ 2,312,712 | $ 0 | $ (205,359) | $ 205,359 | $ 1,486,571 | $ (203,418) | $ 1,689,989 | $ 0 | $ (196,043) | $ 196,043 | $ (2,035,438) | $ (245,298) | $ (1,790,140) | $ (2,229,853) | $ (271,467) | $ (1,958,386) | $ 1,329,171 | $ (227,646) | $ 1,556,817 | $ (79,286) | $ (322,314) | $ 243,028 | $ (2,906,095) | $ (266,509) | $ (2,639,586) | $ (2,208,007) | $ (375,742) | $ (1,832,265) | $ (1,545,577) | $ (278,198) | $ (1,267,379) |
CONDENSED STATEMENTS OF CASH FL
CONDENSED STATEMENTS OF CASH FLOWS - USD ($) | 9 Months Ended | |||
Dec. 31, 2018 | Dec. 31, 2017 | |||
Cash flows from operating activities: | ||||
Net income (loss) | $ 1,304,859 | $ 9,020,023 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (3,086,786) | (11,305,952) | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | 987,419 | (46,259) | ||
Decrease (Increase) in other assets | 0 | 1,285 | ||
(Decrease) Increase in accounts payable affiliates | (4,368,397) | (6,979,847) | ||
Net cash (used in) provided by operating activities | (5,162,905) | (9,310,750) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | (19,011) | ||
Proceeds from the disposition of Operating Partnerships | 2,954,134 | [1] | 11,061,047 | [2] |
Net cash (used in) provided by investing activities | 2,954,134 | 11,042,036 | ||
Cash flows from financing activities: | ||||
Distributions | (1,331,500) | (420,163) | ||
Net cash used in financing activities | (1,331,500) | (420,163) | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (3,540,271) | 1,311,123 | ||
Cash and cash equivalents, beginning | 27,208,717 | 27,209,997 | ||
Cash and cash equivalents, ending | 23,668,446 | 28,521,120 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 5,403,788 | 1,070,891 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 127,351 | ||
Series Twenty [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 128,979 | (3,202) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (197,337) | (42,000) | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | 0 | 2,000 | ||
Decrease (Increase) in other assets | 0 | 0 | ||
(Decrease) Increase in accounts payable affiliates | (370,966) | 16,607 | ||
Net cash (used in) provided by operating activities | (439,324) | (26,595) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 197,337 | [1] | 42,000 | [2] |
Net cash (used in) provided by investing activities | 197,337 | 42,000 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (241,987) | 15,405 | ||
Cash and cash equivalents, beginning | 241,987 | 271,060 | ||
Cash and cash equivalents, ending | 0 | 286,465 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 1,073,757 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Twenty One [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 0 | 9,244 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | 0 | (67,000) | ||
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 | 0 | (250,346) | ||
Net cash (used in) provided by operating activities | 0 | (308,102) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 0 | 67,000 | [2] | |
Net cash (used in) provided by investing activities | 0 | 67,000 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | (241,102) | ||
Cash and cash equivalents, beginning | 0 | 241,102 | ||
Cash and cash equivalents, ending | 0 | 0 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 1,070,891 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Twenty Two [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | (38,144) | (48,307) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (38,000) | 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 | (183,720) | 21,909 | ||
Net cash (used in) provided by operating activities | (259,864) | (26,398) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 38,000 | [1] | 0 | |
Net cash (used in) provided by investing activities | 38,000 | 0 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (221,864) | (26,398) | ||
Cash and cash equivalents, beginning | 221,864 | 252,064 | ||
Cash and cash equivalents, ending | 0 | 225,666 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 2,694,389 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Twenty Three [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | (27,002) | 951,455 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (43,500) | (989,962) | ||
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 | (419,134) | (471,882) | ||
Net cash (used in) provided by operating activities | (489,636) | (510,389) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 43,500 | [1] | 989,962 | [2] |
Net cash (used in) provided by investing activities | 43,500 | 989,962 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (446,136) | 479,573 | ||
Cash and cash equivalents, beginning | 446,136 | 659,167 | ||
Cash and cash equivalents, ending | 0 | 1,138,740 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 514,253 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Twenty Four [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | (33,882) | (62,114) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (23,678) | 0 | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | (2,000) | 0 | ||
Decrease (Increase) in other assets | 0 | 0 | ||
(Decrease) Increase in accounts payable affiliates | 0 | 0 | ||
Net cash (used in) provided by operating activities | (59,560) | (62,114) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 23,678 | [1] | 0 | |
Net cash (used in) provided by investing activities | 23,678 | 0 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (35,882) | (62,114) | ||
Cash and cash equivalents, beginning | 453,512 | 427,181 | ||
Cash and cash equivalents, ending | 417,630 | 365,067 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Twenty Five [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 0 | 34,406 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | 0 | (97,399) | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 | ||
Decrease (Increase) in other assets | 0 | 1,250 | ||
(Decrease) Increase in accounts payable affiliates | 0 | 0 | ||
Net cash (used in) provided by operating activities | 0 | (61,743) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 0 | 97,399 | [2] | |
Net cash (used in) provided by investing activities | 0 | 97,399 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | (380,117) | ||
Net cash used in financing activities | 0 | (380,117) | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | (344,461) | ||
Cash and cash equivalents, beginning | 0 | 344,461 | ||
Cash and cash equivalents, ending | 0 | 0 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Twenty Six [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | (69,952) | (14,748) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (10,500) | (80,000) | ||
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 | 0 | 0 | ||
Net cash (used in) provided by operating activities | (80,452) | (94,748) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 10,500 | [1] | 80,000 | [2] |
Net cash (used in) provided by investing activities | 10,500 | 80,000 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (69,952) | (14,748) | ||
Cash and cash equivalents, beginning | 642,258 | 677,679 | ||
Cash and cash equivalents, ending | 572,306 | 662,931 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Twenty Seven [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 3,811 | 3,213,442 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | 0 | (3,291,567) | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | 0 | (31,673) | ||
Decrease (Increase) in other assets | 0 | 0 | ||
(Decrease) Increase in accounts payable affiliates | 0 | 0 | ||
Net cash (used in) provided by operating activities | 3,811 | (109,798) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 0 | 3,291,567 | [2] | |
Net cash (used in) provided by investing activities | 0 | 3,291,567 | ||
Cash flows from financing activities: | ||||
Distributions | (310,963) | 0 | ||
Net cash used in financing activities | (310,963) | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (307,152) | 3,181,769 | ||
Cash and cash equivalents, beginning | 6,799,933 | 3,606,473 | ||
Cash and cash equivalents, ending | 6,492,781 | 6,788,242 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Twenty Eight [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | (41,125) | (56,401) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (8,500) | 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 | 0 | 0 | ||
Net cash (used in) provided by operating activities | (49,625) | (56,401) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 8,500 | [1] | 0 | |
Net cash (used in) provided by investing activities | 8,500 | 0 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (41,125) | (56,401) | ||
Cash and cash equivalents, beginning | 742,564 | 812,483 | ||
Cash and cash equivalents, ending | 701,439 | 756,082 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Twenty Nine [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 64,364 | (92,645) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (123,094) | 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 | (489,986) | 61,640 | ||
Net cash (used in) provided by operating activities | (548,716) | (31,005) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 122,994 | [1] | 0 | |
Net cash (used in) provided by investing activities | 122,994 | 0 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (425,722) | (31,005) | ||
Cash and cash equivalents, beginning | 622,414 | 345,648 | ||
Cash and cash equivalents, ending | 196,692 | 314,643 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Thirty [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 114,811 | 247,358 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (195,182) | (265,984) | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | (3,500) | 0 | ||
Decrease (Increase) in other assets | 0 | 0 | ||
(Decrease) Increase in accounts payable affiliates | (499,568) | 41,872 | ||
Net cash (used in) provided by operating activities | (583,439) | 23,246 | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 130,006 | [1] | 226,021 | [2] |
Net cash (used in) provided by investing activities | 130,006 | 226,021 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (453,433) | 249,267 | ||
Cash and cash equivalents, beginning | 453,433 | 270,126 | ||
Cash and cash equivalents, ending | 0 | 519,393 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 1,121,389 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Thirty One [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 28,117 | (53,974) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (105,794) | (45,000) | ||
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 | 0 | 0 | ||
Net cash (used in) provided by operating activities | (77,677) | (98,974) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 64,500 | [1] | 45,000 | [2] |
Net cash (used in) provided by investing activities | 64,500 | 45,000 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (13,177) | (53,974) | ||
Cash and cash equivalents, beginning | 1,971,680 | 2,047,648 | ||
Cash and cash equivalents, ending | 1,958,503 | 1,993,674 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Thirty Two [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 388,455 | 1,586,646 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (487,880) | (1,677,252) | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | 0 | (2,000) | ||
Decrease (Increase) in other assets | 0 | 0 | ||
(Decrease) Increase in accounts payable affiliates | (726,205) | (1,108,083) | ||
Net cash (used in) provided by operating activities | (825,630) | (1,200,689) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 487,880 | [1] | 1,677,252 | [2] |
Net cash (used in) provided by investing activities | 487,880 | 1,677,252 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (337,750) | 476,563 | ||
Cash and cash equivalents, beginning | 563,697 | 837,185 | ||
Cash and cash equivalents, ending | 225,947 | 1,313,748 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Thirty Three [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | (55,411) | 23,189 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | 0 | (67,454) | ||
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 | (166,986) | 48,449 | ||
Net cash (used in) provided by operating activities | (222,397) | 4,184 | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 0 | 950 | [2] | |
Net cash (used in) provided by investing activities | 0 | 950 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (222,397) | 5,134 | ||
Cash and cash equivalents, beginning | 452,033 | 337,765 | ||
Cash and cash equivalents, ending | 229,636 | 342,899 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Thirty Four [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | (58,853) | (62,324) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition 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 | (112,903) | (393,594) | ||
Net cash (used in) provided by operating activities | (171,756) | (455,918) | ||
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 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (171,756) | (455,918) | ||
Cash and cash equivalents, beginning | 394,837 | 849,078 | ||
Cash and cash equivalents, ending | 223,081 | 393,160 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Thirty Five [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | (27,398) | 2,593,894 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | 0 | (2,653,528) | ||
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 | 0 | (551,982) | ||
Net cash (used in) provided by operating activities | (27,398) | (611,616) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 0 | 2,653,528 | [2] | |
Net cash (used in) provided by investing activities | 0 | 2,653,528 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (27,398) | 2,041,912 | ||
Cash and cash equivalents, beginning | 4,428,306 | 2,392,767 | ||
Cash and cash equivalents, ending | 4,400,908 | 4,434,679 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Thirty Six [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 180,555 | (41,191) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (253,104) | 0 | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | 570,319 | 0 | ||
Decrease (Increase) in other assets | 0 | 0 | ||
(Decrease) Increase in accounts payable affiliates | 0 | (767,505) | ||
Net cash (used in) provided by operating activities | 497,770 | (808,696) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 253,104 | [1] | 0 | |
Net cash (used in) provided by investing activities | 253,104 | 0 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 750,874 | (808,696) | ||
Cash and cash equivalents, beginning | 2,106,050 | 2,934,317 | ||
Cash and cash equivalents, ending | 2,856,924 | 2,125,621 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Thirty Seven [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 1,015,799 | 104,304 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (1,062,375) | (140,415) | ||
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 | (513,149) | (1,538,773) | ||
Net cash (used in) provided by operating activities | (559,725) | (1,574,884) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 1,062,375 | [1] | 1,977 | [2] |
Net cash (used in) provided by investing activities | 1,062,375 | 1,977 | ||
Cash flows from financing activities: | ||||
Distributions | (1,020,537) | 0 | ||
Net cash used in financing activities | (1,020,537) | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (517,887) | (1,572,907) | ||
Cash and cash equivalents, beginning | 517,887 | 2,096,039 | ||
Cash and cash equivalents, ending | 0 | 523,132 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Thirty Eight [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 12,660 | (51,326) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (7,000) | 0 | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | 0 | (6,543) | ||
Decrease (Increase) in other assets | 0 | 0 | ||
(Decrease) Increase in accounts payable affiliates | (18,234) | (1,515,985) | ||
Net cash (used in) provided by operating activities | (12,574) | (1,573,854) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 7,000 | [1] | 0 | |
Net cash (used in) provided by investing activities | 7,000 | 0 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (5,574) | (1,573,854) | ||
Cash and cash equivalents, beginning | 1,492,145 | 3,042,864 | ||
Cash and cash equivalents, ending | 1,486,571 | 1,469,010 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Thirty Nine [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 0 | (48,069) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | 0 | (17,779) | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | 0 | (6,543) | ||
Decrease (Increase) in other assets | 0 | 0 | ||
(Decrease) Increase in accounts payable affiliates | 0 | (1,154,240) | ||
Net cash (used in) provided by operating activities | 0 | (1,226,631) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 0 | 17,779 | [2] | |
Net cash (used in) provided by investing activities | 0 | 17,779 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | (40,046) | ||
Net cash used in financing activities | 0 | (40,046) | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | (1,248,898) | ||
Cash and cash equivalents, beginning | 0 | 1,248,898 | ||
Cash and cash equivalents, ending | 0 | 0 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Forty [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | (53,608) | 485,584 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (44,500) | (588,952) | ||
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 | (148,422) | (8,631) | ||
Net cash (used in) provided by operating activities | (246,530) | (111,999) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 44,500 | [1] | 588,952 | [2] |
Net cash (used in) provided by investing activities | 44,500 | 588,952 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (202,030) | 476,953 | ||
Cash and cash equivalents, beginning | 431,341 | 248,318 | ||
Cash and cash equivalents, ending | 229,311 | 725,271 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Forty One [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | (77,399) | 616,699 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (14,000) | (782,887) | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | 0 | (2,500) | ||
Decrease (Increase) in other assets | 0 | 1,218 | ||
(Decrease) Increase in accounts payable affiliates | (414,074) | 84,650 | ||
Net cash (used in) provided by operating activities | (505,473) | (82,820) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 14,000 | [1] | 782,887 | [2] |
Net cash (used in) provided by investing activities | 14,000 | 782,887 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (491,473) | 700,067 | ||
Cash and cash equivalents, beginning | 741,152 | 322,902 | ||
Cash and cash equivalents, ending | 249,679 | 1,022,969 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Forty Two [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | (8,892) | 135,238 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (54,322) | (262,279) | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | 1,500 | 1,000 | ||
Decrease (Increase) in other assets | 0 | (1,183) | ||
(Decrease) Increase in accounts payable affiliates | 0 | 0 | ||
Net cash (used in) provided by operating activities | (61,714) | (127,224) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | (9,503) | ||
Proceeds from the disposition of Operating Partnerships | 54,322 | 262,279 | ||
Net cash (used in) provided by investing activities | 54,322 | 252,776 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (7,392) | 125,552 | ||
Cash and cash equivalents, beginning | 1,327,017 | 1,072,528 | ||
Cash and cash equivalents, ending | 1,319,625 | 1,198,080 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 63,676 | ||
Series Forty Three [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 8,023 | 80,998 | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (75,520) | (225,500) | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | 363,500 | 0 | ||
Decrease (Increase) in other assets | 0 | 0 | ||
(Decrease) Increase in accounts payable affiliates | (430,490) | 170,998 | ||
Net cash (used in) provided by operating activities | (134,487) | 26,496 | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | (9,508) | ||
Proceeds from the disposition of Operating Partnerships | 49,438 | [1] | 225,500 | [2] |
Net cash (used in) provided by investing activities | 49,438 | 215,992 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (85,049) | 242,488 | ||
Cash and cash equivalents, beginning | 854,364 | 351,638 | ||
Cash and cash equivalents, ending | 769,315 | 594,126 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 63,675 | ||
Series Forty Four [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | (159,974) | (166,421) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition 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 | 185,889 | 184,956 | ||
Net cash (used in) provided by operating activities | 25,915 | 18,535 | ||
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 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 25,915 | 18,535 | ||
Cash and cash equivalents, beginning | 84,006 | 66,324 | ||
Cash and cash equivalents, ending | 109,921 | 84,859 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Forty Five [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | 154,699 | (231,767) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | (342,500) | 0 | ||
Changes in assets and liabilities | ||||
(Decrease) Increase in accounts payable and accrued expenses | 57,600 | 0 | ||
Decrease (Increase) in other assets | 0 | 0 | ||
(Decrease) Increase in accounts payable affiliates | (37,346) | 156,418 | ||
Net cash (used in) provided by operating activities | (167,547) | (75,349) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 342,500 | [1] | 0 | |
Net cash (used in) provided by investing activities | 342,500 | 0 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 174,953 | (75,349) | ||
Cash and cash equivalents, beginning | 753,702 | 803,153 | ||
Cash and cash equivalents, ending | 928,655 | 727,804 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 | ||
Series Forty Six [Member] | ||||
Cash flows from operating activities: | ||||
Net income (loss) | (143,774) | (129,945) | ||
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||||
Gain on Disposition Operating Partnerships | 0 | (10,994) | ||
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 | (23,103) | (6,325) | ||
Net cash (used in) provided by operating activities | (166,877) | (147,264) | ||
Cash flows from investing activities: | ||||
Capital contributions paid to Operating Partnerships | 0 | 0 | ||
Proceeds from the disposition of Operating Partnerships | 0 | 10,994 | [2] | |
Net cash (used in) provided by investing activities | 0 | 10,994 | ||
Cash flows from financing activities: | ||||
Distributions | 0 | 0 | ||
Net cash used in financing activities | 0 | 0 | ||
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (166,877) | (136,270) | ||
Cash and cash equivalents, beginning | 466,399 | 651,129 | ||
Cash and cash equivalents, ending | 299,522 | 514,859 | ||
Supplemental schedule of noncash investing and financing activities: | ||||
The general partner's equity balance was increased and accounts payable affiliates were reduced as a result of forgiveness of debt with an affiliate of the general partner. | 0 | 0 | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | $ 0 | $ 0 | ||
[1] | Fund proceeds from disposition does not include $100, $65,176, $41,294 and $26,082, which was due to a writeoff of capital contribution payable as of December 31, 2018, for Series 29, Series 30, Series 31 and Series 43, respectively. | |||
[2] | Fund proceeds from disposition does not include $39,963, $66,504 and $138,438 which was due to a writeoff of capital contribution payable as of December 31, 2017, for Series 30, Series 33 and Series 37, respectively. |
ORGANIZATION
ORGANIZATION | 9 Months Ended |
Dec. 31, 2018 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [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 Closing Date BACs Sold Equity Raised 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 January 31, 2002 2,891,626 $28,916,260 Series 42 July 31, 2002 2,744,262 $27,442,620 Series 43 December 31, 2002 3,637,987 $36,379,870 Series 44 April 30, 2003 2,701,973 $27,019,730 Series 45 September 16, 2003 4,014,367 $40,143,670 Series 46 December 19, 2003 2,980,998 $29,809,980 The Fund concluded its public offering of |
ACCOUNTING AND FINANCIAL REPORT
ACCOUNTING AND FINANCIAL REPORTING POLICIES | 9 Months Ended |
Dec. 31, 2018 | |
Accounting Policies [Abstract] | |
Significant Accounting Policies [Text Block] | NOTE B - ACCOUNTING AND FINANCIAL REPORTING POLICIES The condensed financial statements herein as of December 31, 2018 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, 2018. |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 9 Months Ended |
Dec. 31, 2018 | |
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, 2018 and 2017, are as follows: 2018 2017 Series 20 $ 2,549 $ 5,536 Series 21 - 2,216 Series 22 6,426 7,303 Series 23 5,556 5,556 Series 24 10,761 12,588 Series 25 - - Series 26 13,938 15,609 Series 27 7,635 8,915 Series 28 7,296 8,844 Series 29 7,261 20,547 Series 30 5,668 12,609 Series 31 16,065 19,092 Series 32 19,794 23,234 Series 33 13,318 15,654 Series 34 12,365 12,365 Series 35 10,653 10,653 Series 36 5,172 7,626 Series 37 - 10,957 Series 38 16,581 18,234 Series 39 - 1,712 Series 40 23,390 26,594 Series 41 34,076 49,564 Series 42 23,847 40,788 Series 43 45,090 55,612 Series 44 57,826 57,825 Series 45 67,565 70,359 Series 46 52,299 52,299 $ 465,131 $ 572,291 The fund management fees paid for the nine months ended December 31, 2018 and 2017 are as follows: 2018 2017 Series 20 $ 378,835 $ - Series 21 - 258,000 Series 22 202,998 - Series 23 435,802 488,550 Series 24 32,283 37,764 Series 25 - 11,374 Series 26 43,485 60,699 Series 27 22,905 33,438 Series 28 23,436 26,532 Series 29 519,601 - Series 30 523,527 - Series 31 51,692 62,490 Series 32 787,880 1,184,057 Series 33 206,940 - Series 34 150,000 430,691 Series 35 31,959 597,597 Series 36 18,788 790,383 Series 37 526,729 1,574,732 Series 38 69,630 1,570,687 Series 39 - 938,915 Series 40 225,000 93,700 Series 41 520,930 70,500 Series 42 80,686 126,528 Series 43 566,306 - Series 45 242,500 - Series 46 180,000 163,222 $ 5,841,912 $ 8,519,859 |
INVESTMENTS IN OPERATING PARTNE
INVESTMENTS IN OPERATING PARTNERSHIPS | 9 Months Ended |
Dec. 31, 2018 | |
Equity Method Investments and Joint Ventures [Abstract] | |
Equity Method Investments Disclosure [Text Block] | NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS At December 31, 2018 and 2017, the Fund has limited partnership interests in 132 and 179 Operating Partnerships, respectively, which own or are constructing apartment complexes. The breakdown of Operating Partnerships within the Fund at December 31, 2018 and 2017 are as follows: 2018 2017 Series 20 - 2 Series 21 - - Series 22 - 3 Series 23 - 3 Series 24 4 6 Series 25 - - Series 26 8 9 Series 27 3 3 Series 28 4 5 Series 29 5 8 Series 30 - 6 Series 31 1 8 Series 32 5 6 Series 33 3 4 Series 34 4 4 Series 35 2 2 Series 36 2 3 Series 37 - 1 Series 38 3 4 Series 39 - - Series 40 8 9 Series 41 11 14 Series 42 9 13 Series 43 14 18 Series 44 7 7 Series 45 25 27 Series 46 14 14 132 179 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, 2018 and 2017, are as follows: 2018 2017 Series 29 $ 785 $ 8,235 Series 30 - 65,176 Series 31 25,000 66,294 Series 32 1,229 1,229 Series 33 - 2,650 Series 40 102 102 Series 41 - 100 Series 42 254 254 Series 43 - 26,082 Series 45 16,724 16,724 $ 44,094 $ 186,846 During the nine months ended December 31, 2018 the Fund disposed of thirty-seven Operating Partnerships. A summary of the dispositions by Series for December 31, 2018 is as follows: Operating Partnership Interest Transferred Sale of Underlying Operating Partnership Fund Proceeds from Disposition * Gain on Disposition Series 20 2 - $ 197,337 $ 197,337 Series 22 3 - 38,000 38,000 Series 23 3 - 43,500 43,500 Series 24 1 - 23,678 23,678 Series 26 1 - 10,500 10,500 Series 28 1 - 8,500 8,500 Series 29 2 - 122,994 123,094 Series 30 5 - 130,006 195,182 Series 31 7 - 64,500 105,794 Series 32 - 1 487,880 487,880 Series 36 - 1 253,104 253,104 Series 37 - 1 1,062,375 1,062,375 Series 38 1 - 7,000 7,000 Series 40 1 - 44,500 44,500 Series 41 - 1 14,000 14,000 Series 42 2 - 54,322 54,322 Series 43 3 - 49,438 75,520 Series 45 1 - 342,500 342,500 Total 33 4 $ 2,954,134 $ 3,086,786 * Fund proceeds from disposition does not include $100, $65,176, $41,294 and $26,082, which was due to a writeoff of capital contribution payable as of December 31, 2018, for Series 29, Series 30, Series 31 and Series 43, respectively. 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. During the nine months ended December 31, 2017 the Fund disposed of thirty Operating Partnerships. A summary of the dispositions by Series for December 31, 2017 is as follows: Operating Partnership Interest Transferred Sale of Underlying Operating Partnership Fund Proceeds from Disposition * Gain on Disposition Series 20 1 - $ 42,000 $ 42,000 Series 21 2 - 67,000 67,000 Series 23 - 1 989,962 989,962 Series 25 4 - 97,399 97,399 Series 26 4 - 80,000 80,000 Series 27 1 1 3,291,567 3,291,567 Series 30 1 1 226,021 265,984 Series 31 2 - 45,000 45,000 Series 32 - 1 1,677,252 1,677,252 Series 33 1 - 950 67,454 Series 35 1 - 2,653,528 2,653,528 Series 37 1 - 1,977 140,415 Series 39 1 - 17,779 17,779 Series 40 1 - 588,952 588,952 Series 41 3 - 782,887 782,887 Series 42 2 - 262,279 262,279 Series 43 1 - 225,500 225,500 Series 46 - - 10,994 10,994 Total 26 4 $ 11,061,047 $ 11,305,952 * Fund proceeds from disposition does not include $39,963, $66,504 and $138,438 which was due to a writeoff of capital contribution payable as of December 31, 2017, for Series 30, Series 33 and Series 37, respectively. 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, 2018. 2018 2017 Revenues Rental $ 30,464,104 $ 39,192,976 Interest and other 867,967 1,235,063 31,332,071 40,428,039 Expenses Interest 5,133,584 6,754,119 Depreciation and amortization 7,690,864 10,698,194 Operating expenses 21,606,132 28,924,546 34,430,580 46,376,859 NET LOSS $ (3,098,509) $ (5,948,820) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (3,067,524) $ (5,889,331) Net loss allocated to other $ (30,985) $ (59,489) 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 20 2018 2017 Revenues Rental $ - $ 352,045 Interest and other - 24,048 - 376,093 Expenses Interest - 32,617 Depreciation and amortization - 91,765 Operating expenses - 315,661 - 440,043 NET LOSS $ - $ (63,950) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ (63,310) Net loss allocated to other $ - $ (640) 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 2018 2017 Revenues Rental $ - $ - Interest and other - - - - Expenses Interest - - Depreciation and amortization - - Operating expenses - - - - NET LOSS $ - $ - Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ - Net loss allocated to other $ - $ - 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 2018 2017 Revenues Rental $ - $ 382,584 Interest and other - 13,663 - 396,247 Expenses Interest - 34,025 Depreciation and amortization - 103,504 Operating expenses - 311,606 - 449,135 NET LOSS $ - $ (52,888) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ (52,359) Net loss allocated to other $ - $ (529) 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 2018 2017 Revenues Rental $ - $ 316,873 Interest and other - 15,894 - 332,767 Expenses Interest - 18,061 Depreciation and amortization - 67,348 Operating expenses - 263,411 - 348,820 NET LOSS $ - $ (16,053) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ (15,892) Net loss allocated to other $ - $ (161) 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 2018 2017 Revenues Rental $ 633,339 $ 768,883 Interest and other 20,560 15,362 653,899 784,245 Expenses Interest 51,588 67,689 Depreciation and amortization 178,656 211,044 Operating expenses 509,233 620,298 739,477 899,031 NET LOSS $ (85,578) $ (114,786) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (84,722) $ (113,638) Net loss allocated to other $ (856) $ (1,148) 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 2018 2017 Revenues Rental $ - $ - Interest and other - - - - Expenses Interest - - Depreciation and amortization - - Operating expenses - - - - NET LOSS $ - $ - Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ - Net loss allocated to other $ - $ - 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 2018 2017 Revenues Rental $ 956,030 $ 1,258,324 Interest and other 11,483 22,706 967,513 1,281,030 Expenses Interest 167,510 208,522 Depreciation and amortization 233,109 321,930 Operating expenses 805,239 1,099,558 1,205,858 1,630,010 NET LOSS $ (238,345) $ (348,980) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (235,962) $ (345,490) Net loss allocated to other $ (2,383) $ (3,490) 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 2018 2017 Revenues Rental $ 495,454 $ 563,566 Interest and other 9,742 7,923 505,196 571,489 Expenses Interest 24,930 32,644 Depreciation and amortization 133,387 165,370 Operating expenses 413,037 457,051 571,354 655,065 NET LOSS $ (66,158) $ (83,576) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (65,496) $ (82,740) Net loss allocated to other $ (662) $ (836) 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 2018 2017 Revenues Rental $ 616,769 $ 751,710 Interest and other 33,854 18,953 650,623 770,663 Expenses Interest 99,851 122,273 Depreciation and amortization 137,643 169,333 Operating expenses 511,313 587,874 748,807 879,480 NET LOSS $ (98,184) $ (108,817) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (97,202) $ (107,729) Net loss allocated to other $ (982) $ (1,088) 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 2018 2017 Revenues Rental $ 784,882 $ 1,311,305 Interest and other 30,243 126,151 815,125 1,437,456 Expenses Interest 148,877 295,053 Depreciation and amortization 162,256 371,636 Operating expenses 665,615 1,166,408 976,748 1,833,097 NET LOSS $ (161,623) $ (395,641) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (160,007) $ (391,685) Net loss allocated to other $ (1,616) $ (3,956) 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 2018 2017 Revenues Rental $ - $ 772,562 Interest and other - 18,959 - 791,521 Expenses Interest - 70,220 Depreciation and amortization - 217,874 Operating expenses - 606,608 - 894,702 NET LOSS $ - $ (103,181) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ (102,149) Net loss allocated to other $ - $ (1,032) 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 2018 2017 Revenues Rental $ 376,723 $ 1,132,079 Interest and other 10,701 33,083 387,424 1,165,162 Expenses Interest 20,306 107,647 Depreciation and amortization 104,349 385,046 Operating expenses 310,598 1,013,004 435,253 1,505,697 NET LOSS $ (47,829) $ (340,535) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (47,351) $ (337,130) Net loss allocated to other $ (478) $ (3,405) 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 2018 2017 Revenues Rental $ 1,155,742 $ 1,475,541 Interest and other 17,208 35,824 1,172,950 1,511,365 Expenses Interest 192,666 240,025 Depreciation and amortization 328,747 455,816 Operating expenses 961,941 1,192,506 1,483,354 1,888,347 NET LOSS $ (310,404) $ (376,982) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (307,300) $ (373,212) Net loss allocated to other $ (3,104) $ (3,770) 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 2018 2017 Revenues Rental $ 949,402 $ 1,040,194 Interest and other 34,529 36,781 983,931 1,076,975 Expenses Interest 152,512 179,339 Depreciation and amortization 209,302 260,563 Operating expenses 698,505 784,939 1,060,319 1,224,841 NET LOSS $ (76,388) $ (147,866) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (75,624) $ (146,387) Net loss allocated to other $ (764) $ (1,479) 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 2018 2017 Revenues Rental $ 742,517 $ 728,809 Interest and other 37,801 26,259 780,318 755,068 Expenses Interest 86,873 78,197 Depreciation and amortization 205,643 206,720 Operating expenses 556,471 565,852 848,987 850,769 NET LOSS $ (68,669) $ (95,701) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (67,982) $ (94,744) Net loss allocated to other $ (687) $ (957) 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 2018 2017 Revenues Rental $ 757,401 $ 829,380 Interest and other 42,456 22,600 799,857 851,980 Expenses Interest 124,866 138,051 Depreciation and amortization 241,734 254,427 Operating expenses 455,666 482,739 822,266 875,217 NET LOSS $ (22,409) $ (23,237) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (22,185) $ (23,005) Net loss allocated to other $ (224) $ (232) 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 2018 2017 Revenues Rental $ 358,462 $ 483,137 Interest and other 876 13,767 359,338 496,904 Expenses Interest 67,983 96,625 Depreciation and amortization 83,885 126,835 Operating expenses 263,534 372,348 415,402 595,808 NET LOSS $ (56,064) $ (98,904) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (55,503) $ (97,915) Net loss allocated to other $ (561) $ (989) 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 2018 2017 Revenues Rental $ - $ 588,136 Interest and other - 58,474 - 646,610 Expenses Interest - 96,219 Depreciation and amortization - 197,321 Operating expenses - 441,915 - 735,455 NET LOSS $ - $ (88,845) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ (87,957) Net loss allocated to other $ - $ (888) 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 2018 2017 Revenues Rental $ 1,216,088 $ 1,331,140 Interest and other 24,560 16,255 1,240,648 1,347,395 Expenses Interest 166,859 185,342 Depreciation and amortization 233,270 279,470 Operating expenses 847,211 960,761 1,247,340 1,425,573 NET LOSS $ (6,692) $ (78,178) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (6,625) $ (77,396) Net loss allocated to other $ (67) $ (782) 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 2018 2017 Revenues Rental $ - $ - Interest and other - - - - Expenses Interest - - Depreciation and amortization - - Operating expenses - - - - NET LOSS $ - $ - Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ - Net loss allocated to other $ - $ - 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 2018 2017 Revenues Rental $ 1,443,245 $ 1,677,092 Interest and other 36,591 37,872 1,479,836 1,714,964 Expenses Interest 267,896 342,476 Depreciation and amortization 378,996 493,185 Operating expenses 1,100,318 1,380,725 1,747,210 2,216,386 NET LOSS $ (267,374) $ (501,422) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (264,700) $ (496,408) Net loss allocated to other $ (2,674) $ (5,014) 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 2018 2017 Revenues Rental $ 2,723,324 $ 3,731,606 Interest and other 44,492 78,700 2,767,816 3,810,306 Expenses Interest 510,040 774,931 Depreciation and amortization 577,130 893,311 Operating expenses 1,835,494 2,606,559 2,922,664 4,274,801 NET LOSS $ (154,848) $ (464,495) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (153,300) $ (459,850) Net loss allocated to other $ (1,548) $ (4,645) 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 2018 2017 Revenues Rental $ 1,660,288 $ 2,581,674 Interest and other 68,234 103,563 1,728,522 2,685,237 Expenses Interest 337,485 560,478 Depreciation and amortization 501,382 801,778 Operating expenses 1,204,267 1,918,744 2,043,134 3,281,000 NET LOSS $ (314,612) $ (595,763) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (311,466) $ (589,805) Net loss allocated to other $ (3,146) $ (5,958) 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 2018 2017 Revenues Rental $ 2,592,340 $ 3,823,594 Interest and other 110,695 186,172 2,703,035 4,009,766 Expenses Interest 308,956 586,218 Depreciation and amortization 788,153 1,263,725 Operating expenses 1,974,029 2,952,130 3,071,138 4,802,073 NET LOSS $ (368,103) $ (792,307) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (364,422) $ (784,384) Net loss allocated to other $ (3,681) $ (7,923) 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 2018 2017 Revenues Rental $ 4,471,520 $ 4,397,610 Interest and other 122,781 136,412 4,594,301 4,534,022 Expenses Interest 1,043,365 1,051,820 Depreciation and amortization 1,014,262 1,025,862 Operating expenses 2,566,624 2,635,539 4,624,251 4,713,221 NET LOSS $ (29,950) $ (179,199) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (29,651) $ (177,407) Net loss allocated to other $ (299) $ (1,792) 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 2018 2017 Revenues Rental $ 4,990,180 $ 5,430,265 Interest and other 103,760 110,355 5,093,940 5,540,620 Expenses Interest 656,160 727,734 Depreciation and amortization 1,328,457 1,476,660 Operating expenses 3,702,951 3,931,531 5,687,568 6,135,925 NET LOSS $ (593,628) $ (595,305) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (587,692) $ (589,352) Net loss allocated to other $ (5,936) $ (5,953) 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 2018 2017 Revenues Rental $ 3,540,398 $ 3,464,867 Interest and other 107,401 75,287 3,647,799 3,540,154 Expenses Interest 704,861 707,913 Depreciation and amortization 850,503 857,671 Operating expenses 2,224,086 2,256,779 3,779,450 3,822,363 NET LOSS $ (131,651) $ (282,209) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (130,334) $ (279,387) Net loss allocated to other $ (1,317) $ (2,822) 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, 2018 | |
Taxable Loss [Abstract] | |
Taxable Loss [Text Block] | NOTE E - TAXABLE LOSS The Fund's taxable loss 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, 2018 | |
Income Tax 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 2014 remain open. |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 9 Months Ended |
Dec. 31, 2018 | |
Subsequent Events [Abstract] | |
Subsequent Events [Text Block] | NOTE G - SUBSEQUENT EVENTS Subsequent to December 31, 2018, the Fund has entered into an agreement to transfer the interest in five operating limited partnerships. The estimated transfer price and other terms for the dispositions of the operating limited partnerships have been determined. The estimated proceeds to be received for the operating limited partnerships are $689,744. The estimated gain on the transfer of the operating limited partnerships are $661,244 |
ORGANIZATION (Tables)
ORGANIZATION (Tables) | 9 Months Ended |
Dec. 31, 2018 | |
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 Closing Date BACs Sold Equity Raised 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 January 31, 2002 2,891,626 $28,916,260 Series 42 July 31, 2002 2,744,262 $27,442,620 Series 43 December 31, 2002 3,637,987 $36,379,870 Series 44 April 30, 2003 2,701,973 $27,019,730 Series 45 September 16, 2003 4,014,367 $40,143,670 Series 46 December 19, 2003 2,980,998 $29,809,980 |
RELATED PARTY TRANSACTIONS (Tab
RELATED PARTY TRANSACTIONS (Tables) | 9 Months Ended |
Dec. 31, 2018 | |
Related Party Transactions [Abstract] | |
Schedule Of Gross Management Fee [Table Text Block] | The fund management fees accrued for the quarters ended December 31, 2018 and 2017, are as follows: 2018 2017 Series 20 $ 2,549 $ 5,536 Series 21 - 2,216 Series 22 6,426 7,303 Series 23 5,556 5,556 Series 24 10,761 12,588 Series 25 - - Series 26 13,938 15,609 Series 27 7,635 8,915 Series 28 7,296 8,844 Series 29 7,261 20,547 Series 30 5,668 12,609 Series 31 16,065 19,092 Series 32 19,794 23,234 Series 33 13,318 15,654 Series 34 12,365 12,365 Series 35 10,653 10,653 Series 36 5,172 7,626 Series 37 - 10,957 Series 38 16,581 18,234 Series 39 - 1,712 Series 40 23,390 26,594 Series 41 34,076 49,564 Series 42 23,847 40,788 Series 43 45,090 55,612 Series 44 57,826 57,825 Series 45 67,565 70,359 Series 46 52,299 52,299 $ 465,131 $ 572,291 |
Schedule Of Management Fees Paid [Table Text Block] | The fund management fees paid for the nine months ended December 31, 2018 and 2017 are as follows: 2018 2017 Series 20 $ 378,835 $ - Series 21 - 258,000 Series 22 202,998 - Series 23 435,802 488,550 Series 24 32,283 37,764 Series 25 - 11,374 Series 26 43,485 60,699 Series 27 22,905 33,438 Series 28 23,436 26,532 Series 29 519,601 - Series 30 523,527 - Series 31 51,692 62,490 Series 32 787,880 1,184,057 Series 33 206,940 - Series 34 150,000 430,691 Series 35 31,959 597,597 Series 36 18,788 790,383 Series 37 526,729 1,574,732 Series 38 69,630 1,570,687 Series 39 - 938,915 Series 40 225,000 93,700 Series 41 520,930 70,500 Series 42 80,686 126,528 Series 43 566,306 - Series 45 242,500 - Series 46 180,000 163,222 $5,841,912 $8,519,859 |
INVESTMENTS IN OPERATING PART_2
INVESTMENTS IN OPERATING PARTNERSHIPS (Tables) | 9 Months Ended |
Dec. 31, 2018 | |
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, 2018 and 2017 are as follows: 2018 2017 Series 20 - 2 Series 21 - - Series 22 - 3 Series 23 - 3 Series 24 4 6 Series 25 - - Series 26 8 9 Series 27 3 3 Series 28 4 5 Series 29 5 8 Series 30 - 6 Series 31 1 8 Series 32 5 6 Series 33 3 4 Series 34 4 4 Series 35 2 2 Series 36 2 3 Series 37 - 1 Series 38 3 4 Series 39 - - Series 40 8 9 Series 41 11 14 Series 42 9 13 Series 43 14 18 Series 44 7 7 Series 45 25 27 Series 46 14 14 132 179 |
Schedule Of Contributions Payable [Table Text Block] | The contributions payable at December 31, 2018 and 2017, are as follows: 2018 2017 Series 29 $ 785 $ 8,235 Series 30 - 65,176 Series 31 25,000 66,294 Series 32 1,229 1,229 Series 33 - 2,650 Series 40 102 102 Series 41 - 100 Series 42 254 254 Series 43 - 26,082 Series 45 16,724 16,724 $ 44,094 $ 186,846 |
Schedule Of Dispositions By Series [Table Text Block] | During the nine months ended December 31, 2018 the Fund disposed of thirty-seven Operating Partnerships. A summary of the dispositions by Series for December 31, 2018 is as follows: Operating Partnership Interest Transferred Sale of Underlying Operating Partnership Fund Proceeds from Disposition * Gain on Disposition Series 20 2 - $ 197,337 $ 197,337 Series 22 3 - 38,000 38,000 Series 23 3 - 43,500 43,500 Series 24 1 - 23,678 23,678 Series 26 1 - 10,500 10,500 Series 28 1 - 8,500 8,500 Series 29 2 - 122,994 123,094 Series 30 5 - 130,006 195,182 Series 31 7 - 64,500 105,794 Series 32 - 1 487,880 487,880 Series 36 - 1 253,104 253,104 Series 37 - 1 1,062,375 1,062,375 Series 38 1 - 7,000 7,000 Series 40 1 - 44,500 44,500 Series 41 - 1 14,000 14,000 Series 42 2 - 54,322 54,322 Series 43 3 - 49,438 75,520 Series 45 1 - 342,500 342,500 Total 33 4 $ 2,954,134 $ 3,086,786 * Fund proceeds from disposition does not include $100, $65,176, $41,294 and $26,082, which was due to a writeoff of capital contribution payable as of December 31, 2018, for Series 29, Series 30, Series 31 and Series 43, respectively. 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. During the nine months ended December 31, 2017 the Fund disposed of thirty Operating Partnerships. A summary of the dispositions by Series for December 31, 2017 is as follows: Operating Partnership Interest Transferred Sale of Underlying Operating Partnership Fund Proceeds from Disposition * Gain on Disposition Series 20 1 - $ 42,000 $ 42,000 Series 21 2 - 67,000 67,000 Series 23 - 1 989,962 989,962 Series 25 4 - 97,399 97,399 Series 26 4 - 80,000 80,000 Series 27 1 1 3,291,567 3,291,567 Series 30 1 1 226,021 265,984 Series 31 2 - 45,000 45,000 Series 32 - 1 1,677,252 1,677,252 Series 33 1 - 950 67,454 Series 35 1 - 2,653,528 2,653,528 Series 37 1 - 1,977 140,415 Series 39 1 - 17,779 17,779 Series 40 1 - 588,952 588,952 Series 41 3 - 782,887 782,887 Series 42 2 - 262,279 262,279 Series 43 1 - 225,500 225,500 Series 46 - - 10,994 10,994 Total 26 4 $ 11,061,047 $ 11,305,952 * Fund proceeds from disposition does not include $39,963, $66,504 and $138,438 which was due to a writeoff of capital contribution payable as of December 31, 2017, for Series 30, Series 33 and Series 37, respectively. |
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, 2018. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) 2018 2017 Revenues Rental $ 30,464,104 $ 39,192,976 Interest and other 867,967 1,235,063 31,332,071 40,428,039 Expenses Interest 5,133,584 6,754,119 Depreciation and amortization 7,690,864 10,698,194 Operating expenses 21,606,132 28,924,546 34,430,580 46,376,859 NET LOSS $ (3,098,509) $ (5,948,820) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (3,067,524) $ (5,889,331) Net loss allocated to other $ (30,985) $ (59,489) Series 20 2018 2017 Revenues Rental $ - $ 352,045 Interest and other - 24,048 - 376,093 Expenses Interest - 32,617 Depreciation and amortization - 91,765 Operating expenses - 315,661 - 440,043 NET LOSS $ - $ (63,950) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ (63,310) Net loss allocated to other $ - $ (640) 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 2018 2017 Revenues Rental $ - $ - Interest and other - - - - Expenses Interest - - Depreciation and amortization - - Operating expenses - - - - NET LOSS $ - $ - Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ - Net loss allocated to other $ - $ - 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 2018 2017 Revenues Rental $ - $ 382,584 Interest and other - 13,663 - 396,247 Expenses Interest - 34,025 Depreciation and amortization - 103,504 Operating expenses - 311,606 - 449,135 NET LOSS $ - $ (52,888) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ (52,359) Net loss allocated to other $ - $ (529) 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 2018 2017 Revenues Rental $ - $ 316,873 Interest and other - 15,894 - 332,767 Expenses Interest - 18,061 Depreciation and amortization - 67,348 Operating expenses - 263,411 - 348,820 NET LOSS $ - $ (16,053) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ (15,892) Net loss allocated to other $ - $ (161) 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 2018 2017 Revenues Rental $ 633,339 $ 768,883 Interest and other 20,560 15,362 653,899 784,245 Expenses Interest 51,588 67,689 Depreciation and amortization 178,656 211,044 Operating expenses 509,233 620,298 739,477 899,031 NET LOSS $ (85,578) $ (114,786) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (84,722) $ (113,638) Net loss allocated to other $ (856) $ (1,148) 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 2018 2017 Revenues Rental $ - $ - Interest and other - - - - Expenses Interest - - Depreciation and amortization - - Operating expenses - - - - NET LOSS $ - $ - Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ - Net loss allocated to other $ - $ - 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 2018 2017 Revenues Rental $ 956,030 $ 1,258,324 Interest and other 11,483 22,706 967,513 1,281,030 Expenses Interest 167,510 208,522 Depreciation and amortization 233,109 321,930 Operating expenses 805,239 1,099,558 1,205,858 1,630,010 NET LOSS $ (238,345) $ (348,980) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (235,962) $ (345,490) Net loss allocated to other $ (2,383) $ (3,490) 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 2018 2017 Revenues Rental $ 495,454 $ 563,566 Interest and other 9,742 7,923 505,196 571,489 Expenses Interest 24,930 32,644 Depreciation and amortization 133,387 165,370 Operating expenses 413,037 457,051 571,354 655,065 NET LOSS $ (66,158) $ (83,576) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (65,496) $ (82,740) Net loss allocated to other $ (662) $ (836) 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 2018 2017 Revenues Rental $ 616,769 $ 751,710 Interest and other 33,854 18,953 650,623 770,663 Expenses Interest 99,851 122,273 Depreciation and amortization 137,643 169,333 Operating expenses 511,313 587,874 748,807 879,480 NET LOSS $ (98,184) $ (108,817) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (97,202) $ (107,729) Net loss allocated to other $ (982) $ (1,088) 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 2018 2017 Revenues Rental $ 784,882 $ 1,311,305 Interest and other 30,243 126,151 815,125 1,437,456 Expenses Interest 148,877 295,053 Depreciation and amortization 162,256 371,636 Operating expenses 665,615 1,166,408 976,748 1,833,097 NET LOSS $ (161,623) $ (395,641) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (160,007) $ (391,685) Net loss allocated to other $ (1,616) $ (3,956) 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 2018 2017 Revenues Rental $ - $ 772,562 Interest and other - 18,959 - 791,521 Expenses Interest - 70,220 Depreciation and amortization - 217,874 Operating expenses - 606,608 - 894,702 NET LOSS $ - $ (103,181) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ (102,149) Net loss allocated to other $ - $ (1,032) 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 2018 2017 Revenues Rental $ 376,723 $ 1,132,079 Interest and other 10,701 33,083 387,424 1,165,162 Expenses Interest 20,306 107,647 Depreciation and amortization 104,349 385,046 Operating expenses 310,598 1,013,004 435,253 1,505,697 NET LOSS $ (47,829) $ (340,535) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (47,351) $ (337,130) Net loss allocated to other $ (478) $ (3,405) 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 2018 2017 Revenues Rental $ 1,155,742 $ 1,475,541 Interest and other 17,208 35,824 1,172,950 1,511,365 Expenses Interest 192,666 240,025 Depreciation and amortization 328,747 455,816 Operating expenses 961,941 1,192,506 1,483,354 1,888,347 NET LOSS $ (310,404) $ (376,982) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (307,300) $ (373,212) Net loss allocated to other $ (3,104) $ (3,770) 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 2018 2017 Revenues Rental $ 949,402 $ 1,040,194 Interest and other 34,529 36,781 983,931 1,076,975 Expenses Interest 152,512 179,339 Depreciation and amortization 209,302 260,563 Operating expenses 698,505 784,939 1,060,319 1,224,841 NET LOSS $ (76,388) $ (147,866) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (75,624) $ (146,387) Net loss allocated to other $ (764) $ (1,479) 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 2018 2017 Revenues Rental $ 742,517 $ 728,809 Interest and other 37,801 26,259 780,318 755,068 Expenses Interest 86,873 78,197 Depreciation and amortization 205,643 206,720 Operating expenses 556,471 565,852 848,987 850,769 NET LOSS $ (68,669) $ (95,701) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (67,982) $ (94,744) Net loss allocated to other $ (687) $ (957) 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 2018 2017 Revenues Rental $ 757,401 $ 829,380 Interest and other 42,456 22,600 799,857 851,980 Expenses Interest 124,866 138,051 Depreciation and amortization 241,734 254,427 Operating expenses 455,666 482,739 822,266 875,217 NET LOSS $ (22,409) $ (23,237) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (22,185) $ (23,005) Net loss allocated to other $ (224) $ (232) 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 2018 2017 Revenues Rental $ 358,462 $ 483,137 Interest and other 876 13,767 359,338 496,904 Expenses Interest 67,983 96,625 Depreciation and amortization 83,885 126,835 Operating expenses 263,534 372,348 415,402 595,808 NET LOSS $ (56,064) $ (98,904) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (55,503) $ (97,915) Net loss allocated to other $ (561) $ (989) 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 2018 2017 Revenues Rental $ - $ 588,136 Interest and other - 58,474 - 646,610 Expenses Interest - 96,219 Depreciation and amortization - 197,321 Operating expenses - 441,915 - 735,455 NET LOSS $ - $ (88,845) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ (87,957) Net loss allocated to other $ - $ (888) 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 2018 2017 Revenues Rental $ 1,216,088 $ 1,331,140 Interest and other 24,560 16,255 1,240,648 1,347,395 Expenses Interest 166,859 185,342 Depreciation and amortization 233,270 279,470 Operating expenses 847,211 960,761 1,247,340 1,425,573 NET LOSS $ (6,692) $ (78,178) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (6,625) $ (77,396) Net loss allocated to other $ (67) $ (782) 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 2018 2017 Revenues Rental $ - $ - Interest and other - - - - Expenses Interest - - Depreciation and amortization - - Operating expenses - - - - NET LOSS $ - $ - Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ - $ - Net loss allocated to other $ - $ - 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 2018 2017 Revenues Rental $ 1,443,245 $ 1,677,092 Interest and other 36,591 37,872 1,479,836 1,714,964 Expenses Interest 267,896 342,476 Depreciation and amortization 378,996 493,185 Operating expenses 1,100,318 1,380,725 1,747,210 2,216,386 NET LOSS $ (267,374) $ (501,422) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (264,700) $ (496,408) Net loss allocated to other $ (2,674) $ (5,014) 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 2018 2017 Revenues Rental $ 2,723,324 $ 3,731,606 Interest and other 44,492 78,700 2,767,816 3,810,306 Expenses Interest 510,040 774,931 Depreciation and amortization 577,130 893,311 Operating expenses 1,835,494 2,606,559 2,922,664 4,274,801 NET LOSS $ (154,848) $ (464,495) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (153,300) $ (459,850) Net loss allocated to other $ (1,548) $ (4,645) 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 2018 2017 Revenues Rental $ 1,660,288 $ 2,581,674 Interest and other 68,234 103,563 1,728,522 2,685,237 Expenses Interest 337,485 560,478 Depreciation and amortization 501,382 801,778 Operating expenses 1,204,267 1,918,744 2,043,134 3,281,000 NET LOSS $ (314,612) $ (595,763) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (311,466) $ (589,805) Net loss allocated to other $ (3,146) $ (5,958) 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 2018 2017 Revenues Rental $ 2,592,340 $ 3,823,594 Interest and other 110,695 186,172 2,703,035 4,009,766 Expenses Interest 308,956 586,218 Depreciation and amortization 788,153 1,263,725 Operating expenses 1,974,029 2,952,130 3,071,138 4,802,073 NET LOSS $ (368,103) $ (792,307) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (364,422) $ (784,384) Net loss allocated to other $ (3,681) $ (7,923) 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 2018 2017 Revenues Rental $ 4,471,520 $ 4,397,610 Interest and other 122,781 136,412 4,594,301 4,534,022 Expenses Interest 1,043,365 1,051,820 Depreciation and amortization 1,014,262 1,025,862 Operating expenses 2,566,624 2,635,539 4,624,251 4,713,221 NET LOSS $ (29,950) $ (179,199) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (29,651) $ (177,407) Net loss allocated to other $ (299) $ (1,792) 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 2018 2017 Revenues Rental $ 4,990,180 $ 5,430,265 Interest and other 103,760 110,355 5,093,940 5,540,620 Expenses Interest 656,160 727,734 Depreciation and amortization 1,328,457 1,476,660 Operating expenses 3,702,951 3,931,531 5,687,568 6,135,925 NET LOSS $ (593,628) $ (595,305) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (587,692) $ (589,352) Net loss allocated to other $ (5,936) $ (5,953) 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 2018 2017 Revenues Rental $ 3,540,398 $ 3,464,867 Interest and other 107,401 75,287 3,647,799 3,540,154 Expenses Interest 704,861 707,913 Depreciation and amortization 850,503 857,671 Operating expenses 2,224,086 2,256,779 3,779,450 3,822,363 NET LOSS $ (131,651) $ (282,209) Net loss allocated to Boston Capital Tax Credit Fund IV L.P. $ (130,334) $ (279,387) Net loss allocated to other $ (1,317) $ (2,822) 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. |
ORGANIZATION (Details)
ORGANIZATION (Details) - USD ($) | 9 Months Ended | |
Dec. 31, 2018 | Mar. 31, 2018 | |
Capital Unit [Line Items] | ||
BACs Sold | 83,651,080 | 83,651,080 |
Series Twenty [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jun. 24, 1994 | |
BACs Sold | 3,866,700 | 3,866,700 |
Equity Raised | $ 38,667,000 | |
Series Twenty One [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Dec. 31, 1994 | |
BACs Sold | 1,892,700 | 1,892,700 |
Equity Raised | $ 18,927,000 | |
Series Twenty Two [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Dec. 28, 1994 | |
BACs Sold | 2,564,400 | 2,564,400 |
Equity Raised | $ 25,644,000 | |
Series Twenty Three [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jun. 23, 1995 | |
BACs Sold | 3,336,727 | 3,336,727 |
Equity Raised | $ 33,366,000 | |
Series Twenty Four [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Sep. 22, 1995 | |
BACs Sold | 2,169,878 | 2,169,878 |
Equity Raised | $ 21,697,000 | |
Series Twenty Five [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Dec. 29, 1995 | |
BACs Sold | 3,026,109 | 3,026,109 |
Equity Raised | $ 30,248,000 | |
Series Twenty Six [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jun. 25, 1996 | |
BACs Sold | 3,995,900 | 3,995,900 |
Equity Raised | $ 39,959,000 | |
Series Twenty Seven [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Sep. 17, 1996 | |
BACs Sold | 2,460,700 | 2,460,700 |
Equity Raised | $ 24,607,000 | |
Series Twenty Eight [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jan. 29, 1997 | |
BACs Sold | 4,000,738 | 4,000,738 |
Equity Raised | $ 39,999,000 | |
Series Twenty Nine [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jun. 10, 1997 | |
BACs Sold | 3,991,800 | 3,991,800 |
Equity Raised | $ 39,918,000 | |
Series Thirty [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Sep. 10, 1997 | |
BACs Sold | 2,651,000 | 2,651,000 |
Equity Raised | $ 26,490,750 | |
Series Thirty One [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jan. 18, 1998 | |
BACs Sold | 4,417,857 | 4,417,857 |
Equity Raised | $ 44,057,750 | |
Series Thirty Two [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jun. 23, 1998 | |
BACs Sold | 4,754,198 | 4,754,198 |
Equity Raised | $ 47,431,000 | |
Series Thirty Three [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Sep. 21, 1998 | |
BACs Sold | 2,636,533 | 2,636,533 |
Equity Raised | $ 26,362,000 | |
Series Thirty Four [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Feb. 11, 1999 | |
BACs Sold | 3,529,319 | 3,529,319 |
Equity Raised | $ 35,273,000 | |
Series Thirty Five [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jun. 28, 1999 | |
BACs Sold | 3,300,463 | 3,300,463 |
Equity Raised | $ 33,004,630 | |
Series Thirty Six [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Sep. 28, 1999 | |
BACs Sold | 2,106,838 | 2,106,838 |
Equity Raised | $ 21,068,375 | |
Series Thirty Seven [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jan. 28, 2000 | |
BACs Sold | 2,512,500 | 2,512,500 |
Equity Raised | $ 25,125,000 | |
Series Thirty Eight [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jul. 31, 2000 | |
BACs Sold | 2,543,100 | 2,543,100 |
Equity Raised | $ 25,431,000 | |
Series Thirty Nine [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jan. 31, 2001 | |
BACs Sold | 2,292,151 | 2,292,151 |
Equity Raised | $ 22,921,000 | |
Series Forty [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jul. 31, 2001 | |
BACs Sold | 2,630,256 | 2,630,256 |
Equity Raised | $ 26,269,256 | |
Series Forty One [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jan. 31, 2002 | |
BACs Sold | 2,891,626 | 2,891,626 |
Equity Raised | $ 28,916,260 | |
Series Forty Two [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Jul. 31, 2002 | |
BACs Sold | 2,744,262 | 2,744,262 |
Equity Raised | $ 27,442,620 | |
Series Forty Three [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Dec. 31, 2002 | |
BACs Sold | 3,637,987 | 3,637,987 |
Equity Raised | $ 36,379,870 | |
Series Forty Four [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Apr. 30, 2003 | |
BACs Sold | 2,701,973 | 2,701,973 |
Equity Raised | $ 27,019,730 | |
Series Forty Five [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Sep. 16, 2003 | |
BACs Sold | 4,014,367 | 4,014,367 |
Equity Raised | $ 40,143,670 | |
Series Forty Six [Member] | ||
Capital Unit [Line Items] | ||
Closing Date | Dec. 19, 2003 | |
BACs Sold | 2,980,998 | 2,980,998 |
Equity Raised | $ 29,809,980 |
ORGANIZATION (Details Textual)
ORGANIZATION (Details Textual) | 1 Months Ended | |||||||
Jul. 31, 2003BACs | Jul. 31, 2002BACs | Jul. 31, 2001BACs | Jul. 31, 2000BACs | Aug. 31, 1999BACs | Apr. 30, 1998BACs | Apr. 30, 1996BACs | Dec. 31, 1993BACs | |
Organization And Summary Of Significant Accounting Policy [Line Items] | ||||||||
Limited Partners Capital Account Per Units | 10 | |||||||
Units of limited partnership interest, authorized | 30,000,000 | |||||||
Limited Partners Capital Account Additional Units Registered For Sale | 7,000,000 | 7,000,000 | 7,000,000 | 7,500,000 | 8,000,000 | 25,000,000 | 10,000,000 |
RELATED PARTY TRANSACTIONS (Det
RELATED PARTY TRANSACTIONS (Details) - USD ($) | 3 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | $ 465,131 | $ 572,291 |
Series Twenty [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 2,549 | 5,536 |
Series Twenty One [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 2,216 |
Series Twenty Two [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 6,426 | 7,303 |
Series Twenty Three [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 5,556 | 5,556 |
Series Twenty Four [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 10,761 | 12,588 |
Series Twenty Five [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 0 |
Series Twenty Six [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 13,938 | 15,609 |
Series Twenty Seven [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 7,635 | 8,915 |
Series Twenty Eight [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 7,296 | 8,844 |
Series Twenty Nine [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 7,261 | 20,547 |
Series Thirty [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 5,668 | 12,609 |
Series Thirty One [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 16,065 | 19,092 |
Series Thirty Two [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 19,794 | 23,234 |
Series Thirty Three [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 13,318 | 15,654 |
Series Thirty Four [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 12,365 | 12,365 |
Series Thirty Five [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 10,653 | 10,653 |
Series Thirty Six [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 5,172 | 7,626 |
Series Thirty Seven [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 10,957 |
Series Thirty Eight [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 16,581 | 18,234 |
Series Thirty Nine [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 1,712 |
Series Forty [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 23,390 | 26,594 |
Series Forty One [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 34,076 | 49,564 |
Series Forty Two [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 23,847 | 40,788 |
Series Forty Three [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 45,090 | 55,612 |
Series Forty Four [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 57,826 | 57,825 |
Series Forty Five [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 67,565 | 70,359 |
Series Forty Six [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | $ 52,299 | $ 52,299 |
RELATED PARTY TRANSACTIONS (D_2
RELATED PARTY TRANSACTIONS (Details 1) - USD ($) | 9 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Related Party Transaction [Line Items] | ||
Fund management fees paid | $ 5,841,912 | $ 8,519,859 |
Series Twenty [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 378,835 | 0 |
Series Twenty One [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 258,000 |
Series Twenty Two [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 202,998 | 0 |
Series Twenty Three [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 435,802 | 488,550 |
Series Twenty Four [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 32,283 | 37,764 |
Series Twenty Five [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 11,374 |
Series Twenty Six [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 43,485 | 60,699 |
Series Twenty Seven [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 22,905 | 33,438 |
Series Twenty Eight [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 23,436 | 26,532 |
Series Twenty Nine [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 519,601 | 0 |
Series Thirty [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 523,527 | 0 |
Series Thirty One [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 51,692 | 62,490 |
Series Thirty Two [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 787,880 | 1,184,057 |
Series Thirty Three [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 206,940 | 0 |
Series Thirty Four [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 150,000 | 430,691 |
Series Thirty Five [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 31,959 | 597,597 |
Series Thirty Six [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 18,788 | 790,383 |
Series Thirty Seven [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 526,729 | 1,574,732 |
Series Thirty Eight [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 69,630 | 1,570,687 |
Series Thirty Nine [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 938,915 |
Series Forty [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 225,000 | 93,700 |
Series Forty One [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 520,930 | 70,500 |
Series Forty Two [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 80,686 | 126,528 |
Series Forty Three [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 566,306 | 0 |
Series Forty Five [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 242,500 | 0 |
Series Forty Six [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | $ 180,000 | $ 163,222 |
RELATED PARTY TRANSACTIONS (D_3
RELATED PARTY TRANSACTIONS (Details Textual) | 9 Months Ended |
Dec. 31, 2018 | |
Related Party Transaction [Line Items] | |
Percentage Of Annual Management Fee | 0.50% |
INVESTMENTS IN OPERATING PART_3
INVESTMENTS IN OPERATING PARTNERSHIPS (Details) - Number | Dec. 31, 2018 | Dec. 31, 2017 |
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 132 | 179 |
Series Twenty [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 0 | 2 |
Series Twenty One [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 0 | 0 |
Series Twenty Two [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 0 | 3 |
Series Twenty Three [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 0 | 3 |
Series Twenty Four [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 4 | 6 |
Series Twenty Five [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 0 | 0 |
Series Twenty Six [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 8 | 9 |
Series Twenty Seven [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 3 | 3 |
Series Twenty Eight [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 4 | 5 |
Series Twenty Nine [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 5 | 8 |
Series Thirty [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 0 | 6 |
Series Thirty One [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 1 | 8 |
Series Thirty Two [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 5 | 6 |
Series Thirty Three [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 3 | 4 |
Series Thirty Four [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 4 | 4 |
Series Thirty Five [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 2 | 2 |
Series Thirty Six [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 2 | 3 |
Series Thirty Seven [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 0 | 1 |
Series Thirty Eight [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 3 | 4 |
Series Thirty Nine [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 0 | 0 |
Series Forty [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 8 | 9 |
Series Forty One [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 11 | 14 |
Series Forty Two [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 9 | 13 |
Series Forty Three [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 14 | 18 |
Series Forty Four [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 7 | 7 |
Series Forty Five [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 25 | 27 |
Series Forty Six [Member] | ||
Number Of Operating Partnerships [Line Items] | ||
Number Of Operating Partnerships | 14 | 14 |
INVESTMENTS IN OPERATING PART_4
INVESTMENTS IN OPERATING PARTNERSHIPS (Details 1) - USD ($) | Dec. 31, 2018 | Mar. 31, 2018 | Dec. 31, 2017 |
Contributions Payable [Line Items] | |||
Capital contributions payable | $ 44,094 | $ 176,746 | $ 186,846 |
Series Twenty Nine [Member] | |||
Contributions Payable [Line Items] | |||
Capital contributions payable | 785 | 885 | 8,235 |
Series Thirty [Member] | |||
Contributions Payable [Line Items] | |||
Capital contributions payable | 0 | 65,176 | 65,176 |
Series Thirty One [Member] | |||
Contributions Payable [Line Items] | |||
Capital contributions payable | 25,000 | 66,294 | 66,294 |
Series Thirty Two [Member] | |||
Contributions Payable [Line Items] | |||
Capital contributions payable | 1,229 | 1,229 | 1,229 |
Series Thirty Three [Member] | |||
Contributions Payable [Line Items] | |||
Capital contributions payable | 0 | 0 | 2,650 |
Series Forty [Member] | |||
Contributions Payable [Line Items] | |||
Capital contributions payable | 102 | 102 | 102 |
Series Forty One [Member] | |||
Contributions Payable [Line Items] | |||
Capital contributions payable | 0 | 0 | 100 |
Series Forty Two [Member] | |||
Contributions Payable [Line Items] | |||
Capital contributions payable | 254 | 254 | 254 |
Series Forty Three [Member] | |||
Contributions Payable [Line Items] | |||
Capital contributions payable | 0 | 26,082 | 26,082 |
Series Forty Five [Member] | |||
Contributions Payable [Line Items] | |||
Capital contributions payable | $ 16,724 | $ 16,724 | $ 16,724 |
INVESTMENTS IN OPERATING PART_5
INVESTMENTS IN OPERATING PARTNERSHIPS (Details 2) | 9 Months Ended | |||
Dec. 31, 2018USD ($)Number | Dec. 31, 2017USD ($)Number | |||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 33 | 26 | ||
Sale of Underlying Operating Partnership | Number | 4 | 4 | ||
Partnership Proceeds from Disposition * | $ | $ 2,954,134 | [1] | $ 11,061,047 | [2] |
Gain on Disposition | $ | $ 3,086,786 | $ 11,305,952 | ||
Series Twenty [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 2 | 1 | ||
Sale of Underlying Operating Partnership | Number | 0 | 0 | ||
Partnership Proceeds from Disposition * | $ | $ 197,337 | [1] | $ 42,000 | [2] |
Gain on Disposition | $ | 197,337 | $ 42,000 | ||
Series Twenty One [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 2 | |||
Sale of Underlying Operating Partnership | Number | 0 | |||
Partnership Proceeds from Disposition * | $ | $ 0 | $ 67,000 | [2] | |
Gain on Disposition | $ | 67,000 | |||
Series Twenty Two [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 3 | |||
Sale of Underlying Operating Partnership | Number | 0 | |||
Partnership Proceeds from Disposition * | $ | $ 38,000 | [1] | $ 0 | |
Gain on Disposition | $ | $ 38,000 | |||
Series Twenty Three [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 3 | 0 | ||
Sale of Underlying Operating Partnership | Number | 0 | 1 | ||
Partnership Proceeds from Disposition * | $ | $ 43,500 | [1] | $ 989,962 | [2] |
Gain on Disposition | $ | $ 43,500 | 989,962 | ||
Series Twenty Four [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 1 | |||
Sale of Underlying Operating Partnership | Number | 0 | |||
Partnership Proceeds from Disposition * | $ | $ 23,678 | [1] | $ 0 | |
Gain on Disposition | $ | 23,678 | |||
Series Twenty Five [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 4 | |||
Sale of Underlying Operating Partnership | Number | 0 | |||
Partnership Proceeds from Disposition * | $ | $ 0 | $ 97,399 | [2] | |
Gain on Disposition | $ | $ 97,399 | |||
Series Twenty Six [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 1 | 4 | ||
Sale of Underlying Operating Partnership | Number | 0 | 0 | ||
Partnership Proceeds from Disposition * | $ | $ 10,500 | [1] | $ 80,000 | [2] |
Gain on Disposition | $ | 10,500 | $ 80,000 | ||
Series Twenty Seven [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 1 | |||
Sale of Underlying Operating Partnership | Number | 1 | |||
Partnership Proceeds from Disposition * | $ | $ 0 | $ 3,291,567 | [2] | |
Gain on Disposition | $ | 3,291,567 | |||
Series Twenty Eight [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 1 | |||
Sale of Underlying Operating Partnership | Number | 0 | |||
Partnership Proceeds from Disposition * | $ | $ 8,500 | [1] | 0 | |
Gain on Disposition | $ | $ 8,500 | |||
Series Twenty Nine [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 2 | |||
Sale of Underlying Operating Partnership | Number | 0 | |||
Partnership Proceeds from Disposition * | $ | $ 122,994 | [1] | $ 0 | |
Gain on Disposition | $ | $ 123,094 | |||
Series Thirty [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 5 | 1 | ||
Sale of Underlying Operating Partnership | Number | 0 | 1 | ||
Partnership Proceeds from Disposition * | $ | $ 130,006 | [1] | $ 226,021 | [2] |
Gain on Disposition | $ | $ 195,182 | $ 265,984 | ||
Series Thirty One [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 7 | 2 | ||
Sale of Underlying Operating Partnership | Number | 0 | 0 | ||
Partnership Proceeds from Disposition * | $ | $ 64,500 | [1] | $ 45,000 | [2] |
Gain on Disposition | $ | $ 105,794 | $ 45,000 | ||
Series Thirty Two [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 0 | 0 | ||
Sale of Underlying Operating Partnership | Number | 1 | 1 | ||
Partnership Proceeds from Disposition * | $ | $ 487,880 | [1] | $ 1,677,252 | [2] |
Gain on Disposition | $ | 487,880 | $ 1,677,252 | ||
Series Thirty Three [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 1 | |||
Sale of Underlying Operating Partnership | Number | 0 | |||
Partnership Proceeds from Disposition * | $ | 0 | $ 950 | [2] | |
Gain on Disposition | $ | $ 67,454 | |||
Series Thirty Five [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 1 | |||
Sale of Underlying Operating Partnership | Number | 0 | |||
Partnership Proceeds from Disposition * | $ | $ 0 | $ 2,653,528 | [2] | |
Gain on Disposition | $ | 2,653,528 | |||
Series Thirty Six [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 0 | |||
Sale of Underlying Operating Partnership | Number | 1 | |||
Partnership Proceeds from Disposition * | $ | $ 253,104 | [1] | $ 0 | |
Gain on Disposition | $ | $ 253,104 | |||
Series Thirty Seven [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 0 | 1 | ||
Sale of Underlying Operating Partnership | Number | 1 | 0 | ||
Partnership Proceeds from Disposition * | $ | $ 1,062,375 | [1] | $ 1,977 | [2] |
Gain on Disposition | $ | $ 1,062,375 | 140,415 | ||
Series Thirty Eight [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 1 | |||
Sale of Underlying Operating Partnership | Number | 0 | |||
Partnership Proceeds from Disposition * | $ | $ 7,000 | [1] | $ 0 | |
Gain on Disposition | $ | 7,000 | |||
Series Thirty Nine [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 1 | |||
Sale of Underlying Operating Partnership | Number | 0 | |||
Partnership Proceeds from Disposition * | $ | $ 0 | $ 17,779 | [2] | |
Gain on Disposition | $ | $ 17,779 | |||
Series Forty [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 1 | 1 | ||
Sale of Underlying Operating Partnership | Number | 0 | 0 | ||
Partnership Proceeds from Disposition * | $ | $ 44,500 | [1] | $ 588,952 | [2] |
Gain on Disposition | $ | $ 44,500 | $ 588,952 | ||
Series Forty One [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 0 | 3 | ||
Sale of Underlying Operating Partnership | Number | 1 | 0 | ||
Partnership Proceeds from Disposition * | $ | $ 14,000 | [1] | $ 782,887 | [2] |
Gain on Disposition | $ | $ 14,000 | $ 782,887 | ||
Series Fourty Two [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 2 | 2 | ||
Sale of Underlying Operating Partnership | Number | 0 | 0 | ||
Partnership Proceeds from Disposition * | $ | $ 54,322 | [1] | $ 262,279 | [2] |
Gain on Disposition | $ | $ 54,322 | $ 262,279 | ||
Series Forty Three [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 3 | 1 | ||
Sale of Underlying Operating Partnership | Number | 0 | 0 | ||
Partnership Proceeds from Disposition * | $ | $ 49,438 | [1] | $ 225,500 | [2] |
Gain on Disposition | $ | $ 75,520 | 225,500 | ||
Series Forty Five [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 1 | |||
Sale of Underlying Operating Partnership | Number | 0 | |||
Partnership Proceeds from Disposition * | $ | $ 342,500 | [1] | $ 0 | |
Gain on Disposition | $ | 342,500 | |||
Series Forty Six [Member] | ||||
Dispositions By Series Disclosure [Line Items] | ||||
Operating Partnership Interest Transferred | Number | 0 | |||
Sale of Underlying Operating Partnership | Number | 0 | |||
Partnership Proceeds from Disposition * | $ | $ 0 | $ 10,994 | [2] | |
Gain on Disposition | $ | $ 10,994 | |||
[1] | Fund proceeds from disposition does not include $100, $65,176, $41,294 and $26,082, which was due to a writeoff of capital contribution payable as of December 31, 2018, for Series 29, Series 30, Series 31 and Series 43, respectively. | |||
[2] | Fund proceeds from disposition does not include $39,963, $66,504 and $138,438 which was due to a writeoff of capital contribution payable as of December 31, 2017, for Series 30, Series 33 and Series 37, respectively. |
INVESTMENTS IN OPERATING PART_6
INVESTMENTS IN OPERATING PARTNERSHIPS (Details 3) - USD ($) | 9 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Revenue | ||
Rental | $ 30,464,104 | $ 39,192,976 |
Interest and other | 867,967 | 1,235,063 |
Operating Partnerships Revenues | 31,332,071 | 40,428,039 |
Expenses | ||
Interest | 5,133,584 | 6,754,119 |
Depreciation and amortization | 7,690,864 | 10,698,194 |
Operating expenses | 21,606,132 | 28,924,546 |
Operating Partnerships Total Expenses | 34,430,580 | 46,376,859 |
NET LOSS | (3,098,509) | (5,948,820) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (3,067,524) | (5,889,331) |
Net loss allocated to other Partners | (30,985) | (59,489) |
Series Twenty [Member] | ||
Revenue | ||
Rental | 0 | 352,045 |
Interest and other | 0 | 24,048 |
Operating Partnerships Revenues | 0 | 376,093 |
Expenses | ||
Interest | 0 | 32,617 |
Depreciation and amortization | 0 | 91,765 |
Operating expenses | 0 | 315,661 |
Operating Partnerships Total Expenses | 0 | 440,043 |
NET LOSS | 0 | (63,950) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | (63,310) |
Net loss allocated to other Partners | 0 | (640) |
Series Twenty One [Member] | ||
Revenue | ||
Rental | 0 | 0 |
Interest and other | 0 | 0 |
Operating Partnerships Revenues | 0 | 0 |
Expenses | ||
Interest | 0 | 0 |
Depreciation and amortization | 0 | 0 |
Operating expenses | 0 | 0 |
Operating Partnerships Total Expenses | 0 | 0 |
NET LOSS | 0 | 0 |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | 0 |
Net loss allocated to other Partners | 0 | 0 |
Series Twenty Two [Member] | ||
Revenue | ||
Rental | 0 | 382,584 |
Interest and other | 0 | 13,663 |
Operating Partnerships Revenues | 0 | 396,247 |
Expenses | ||
Interest | 0 | 34,025 |
Depreciation and amortization | 0 | 103,504 |
Operating expenses | 0 | 311,606 |
Operating Partnerships Total Expenses | 0 | 449,135 |
NET LOSS | 0 | (52,888) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | (52,359) |
Net loss allocated to other Partners | 0 | (529) |
Series Twenty Three [Member] | ||
Revenue | ||
Rental | 0 | 316,873 |
Interest and other | 0 | 15,894 |
Operating Partnerships Revenues | 0 | 332,767 |
Expenses | ||
Interest | 0 | 18,061 |
Depreciation and amortization | 0 | 67,348 |
Operating expenses | 0 | 263,411 |
Operating Partnerships Total Expenses | 0 | 348,820 |
NET LOSS | 0 | (16,053) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | (15,892) |
Net loss allocated to other Partners | 0 | (161) |
Series Twenty Four [Member] | ||
Revenue | ||
Rental | 633,339 | 768,883 |
Interest and other | 20,560 | 15,362 |
Operating Partnerships Revenues | 653,899 | 784,245 |
Expenses | ||
Interest | 51,588 | 67,689 |
Depreciation and amortization | 178,656 | 211,044 |
Operating expenses | 509,233 | 620,298 |
Operating Partnerships Total Expenses | 739,477 | 899,031 |
NET LOSS | (85,578) | (114,786) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (84,722) | (113,638) |
Net loss allocated to other Partners | (856) | (1,148) |
Series Twenty Five [Member] | ||
Revenue | ||
Rental | 0 | 0 |
Interest and other | 0 | 0 |
Operating Partnerships Revenues | 0 | 0 |
Expenses | ||
Interest | 0 | 0 |
Depreciation and amortization | 0 | 0 |
Operating expenses | 0 | 0 |
Operating Partnerships Total Expenses | 0 | 0 |
NET LOSS | 0 | 0 |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | 0 |
Net loss allocated to other Partners | 0 | 0 |
Series Twenty Six [Member] | ||
Revenue | ||
Rental | 956,030 | 1,258,324 |
Interest and other | 11,483 | 22,706 |
Operating Partnerships Revenues | 967,513 | 1,281,030 |
Expenses | ||
Interest | 167,510 | 208,522 |
Depreciation and amortization | 233,109 | 321,930 |
Operating expenses | 805,239 | 1,099,558 |
Operating Partnerships Total Expenses | 1,205,858 | 1,630,010 |
NET LOSS | (238,345) | (348,980) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (235,962) | (345,490) |
Net loss allocated to other Partners | (2,383) | (3,490) |
Series Twenty Seven [Member] | ||
Revenue | ||
Rental | 495,454 | 563,566 |
Interest and other | 9,742 | 7,923 |
Operating Partnerships Revenues | 505,196 | 571,489 |
Expenses | ||
Interest | 24,930 | 32,644 |
Depreciation and amortization | 133,387 | 165,370 |
Operating expenses | 413,037 | 457,051 |
Operating Partnerships Total Expenses | 571,354 | 655,065 |
NET LOSS | (66,158) | (83,576) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (65,496) | (82,740) |
Net loss allocated to other Partners | (662) | (836) |
Series Twenty Eight [Member] | ||
Revenue | ||
Rental | 616,769 | 751,710 |
Interest and other | 33,854 | 18,953 |
Operating Partnerships Revenues | 650,623 | 770,663 |
Expenses | ||
Interest | 99,851 | 122,273 |
Depreciation and amortization | 137,643 | 169,333 |
Operating expenses | 511,313 | 587,874 |
Operating Partnerships Total Expenses | 748,807 | 879,480 |
NET LOSS | (98,184) | (108,817) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (97,202) | (107,729) |
Net loss allocated to other Partners | (982) | (1,088) |
Series Twenty Nine [Member] | ||
Revenue | ||
Rental | 784,882 | 1,311,305 |
Interest and other | 30,243 | 126,151 |
Operating Partnerships Revenues | 815,125 | 1,437,456 |
Expenses | ||
Interest | 148,877 | 295,053 |
Depreciation and amortization | 162,256 | 371,636 |
Operating expenses | 665,615 | 1,166,408 |
Operating Partnerships Total Expenses | 976,748 | 1,833,097 |
NET LOSS | (161,623) | (395,641) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (160,007) | (391,685) |
Net loss allocated to other Partners | (1,616) | (3,956) |
Series Thirty [Member] | ||
Revenue | ||
Rental | 0 | 772,562 |
Interest and other | 0 | 18,959 |
Operating Partnerships Revenues | 0 | 791,521 |
Expenses | ||
Interest | 0 | 70,220 |
Depreciation and amortization | 0 | 217,874 |
Operating expenses | 0 | 606,608 |
Operating Partnerships Total Expenses | 0 | 894,702 |
NET LOSS | 0 | (103,181) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | (102,149) |
Net loss allocated to other Partners | 0 | (1,032) |
Series Thirty One [Member] | ||
Revenue | ||
Rental | 376,723 | 1,132,079 |
Interest and other | 10,701 | 33,083 |
Operating Partnerships Revenues | 387,424 | 1,165,162 |
Expenses | ||
Interest | 20,306 | 107,647 |
Depreciation and amortization | 104,349 | 385,046 |
Operating expenses | 310,598 | 1,013,004 |
Operating Partnerships Total Expenses | 435,253 | 1,505,697 |
NET LOSS | (47,829) | (340,535) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (47,351) | (337,130) |
Net loss allocated to other Partners | (478) | (3,405) |
Series Thirty Two [Member] | ||
Revenue | ||
Rental | 1,155,742 | 1,475,541 |
Interest and other | 17,208 | 35,824 |
Operating Partnerships Revenues | 1,172,950 | 1,511,365 |
Expenses | ||
Interest | 192,666 | 240,025 |
Depreciation and amortization | 328,747 | 455,816 |
Operating expenses | 961,941 | 1,192,506 |
Operating Partnerships Total Expenses | 1,483,354 | 1,888,347 |
NET LOSS | (310,404) | (376,982) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (307,300) | (373,212) |
Net loss allocated to other Partners | (3,104) | (3,770) |
Series Thirty Three [Member] | ||
Revenue | ||
Rental | 949,402 | 1,040,194 |
Interest and other | 34,529 | 36,781 |
Operating Partnerships Revenues | 983,931 | 1,076,975 |
Expenses | ||
Interest | 152,512 | 179,339 |
Depreciation and amortization | 209,302 | 260,563 |
Operating expenses | 698,505 | 784,939 |
Operating Partnerships Total Expenses | 1,060,319 | 1,224,841 |
NET LOSS | (76,388) | (147,866) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (75,624) | (146,387) |
Net loss allocated to other Partners | (764) | (1,479) |
Series Thirty Four [Member] | ||
Revenue | ||
Rental | 742,517 | 728,809 |
Interest and other | 37,801 | 26,259 |
Operating Partnerships Revenues | 780,318 | 755,068 |
Expenses | ||
Interest | 86,873 | 78,197 |
Depreciation and amortization | 205,643 | 206,720 |
Operating expenses | 556,471 | 565,852 |
Operating Partnerships Total Expenses | 848,987 | 850,769 |
NET LOSS | (68,669) | (95,701) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (67,982) | (94,744) |
Net loss allocated to other Partners | (687) | (957) |
Series Thirty Five [Member] | ||
Revenue | ||
Rental | 757,401 | 829,380 |
Interest and other | 42,456 | 22,600 |
Operating Partnerships Revenues | 799,857 | 851,980 |
Expenses | ||
Interest | 124,866 | 138,051 |
Depreciation and amortization | 241,734 | 254,427 |
Operating expenses | 455,666 | 482,739 |
Operating Partnerships Total Expenses | 822,266 | 875,217 |
NET LOSS | (22,409) | (23,237) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (22,185) | (23,005) |
Net loss allocated to other Partners | (224) | (232) |
Series Thirty Six [Member] | ||
Revenue | ||
Rental | 358,462 | 483,137 |
Interest and other | 876 | 13,767 |
Operating Partnerships Revenues | 359,338 | 496,904 |
Expenses | ||
Interest | 67,983 | 96,625 |
Depreciation and amortization | 83,885 | 126,835 |
Operating expenses | 263,534 | 372,348 |
Operating Partnerships Total Expenses | 415,402 | 595,808 |
NET LOSS | (56,064) | (98,904) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (55,503) | (97,915) |
Net loss allocated to other Partners | (561) | (989) |
Series Thirty Seven [Member] | ||
Revenue | ||
Rental | 0 | 588,136 |
Interest and other | 0 | 58,474 |
Operating Partnerships Revenues | 0 | 646,610 |
Expenses | ||
Interest | 0 | 96,219 |
Depreciation and amortization | 0 | 197,321 |
Operating expenses | 0 | 441,915 |
Operating Partnerships Total Expenses | 0 | 735,455 |
NET LOSS | 0 | (88,845) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | (87,957) |
Net loss allocated to other Partners | 0 | (888) |
Series Thirty Eight [Member] | ||
Revenue | ||
Rental | 1,216,088 | 1,331,140 |
Interest and other | 24,560 | 16,255 |
Operating Partnerships Revenues | 1,240,648 | 1,347,395 |
Expenses | ||
Interest | 166,859 | 185,342 |
Depreciation and amortization | 233,270 | 279,470 |
Operating expenses | 847,211 | 960,761 |
Operating Partnerships Total Expenses | 1,247,340 | 1,425,573 |
NET LOSS | (6,692) | (78,178) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (6,625) | (77,396) |
Net loss allocated to other Partners | (67) | (782) |
Series Thirty Nine [Member] | ||
Revenue | ||
Rental | 0 | 0 |
Interest and other | 0 | 0 |
Operating Partnerships Revenues | 0 | 0 |
Expenses | ||
Interest | 0 | 0 |
Depreciation and amortization | 0 | 0 |
Operating expenses | 0 | 0 |
Operating Partnerships Total Expenses | 0 | 0 |
NET LOSS | 0 | 0 |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | 0 |
Net loss allocated to other Partners | 0 | 0 |
Series Forty [Member] | ||
Revenue | ||
Rental | 1,443,245 | 1,677,092 |
Interest and other | 36,591 | 37,872 |
Operating Partnerships Revenues | 1,479,836 | 1,714,964 |
Expenses | ||
Interest | 267,896 | 342,476 |
Depreciation and amortization | 378,996 | 493,185 |
Operating expenses | 1,100,318 | 1,380,725 |
Operating Partnerships Total Expenses | 1,747,210 | 2,216,386 |
NET LOSS | (267,374) | (501,422) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (264,700) | (496,408) |
Net loss allocated to other Partners | (2,674) | (5,014) |
Series Forty One [Member] | ||
Revenue | ||
Rental | 2,723,324 | 3,731,606 |
Interest and other | 44,492 | 78,700 |
Operating Partnerships Revenues | 2,767,816 | 3,810,306 |
Expenses | ||
Interest | 510,040 | 774,931 |
Depreciation and amortization | 577,130 | 893,311 |
Operating expenses | 1,835,494 | 2,606,559 |
Operating Partnerships Total Expenses | 2,922,664 | 4,274,801 |
NET LOSS | (154,848) | (464,495) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (153,300) | (459,850) |
Net loss allocated to other Partners | (1,548) | (4,645) |
Series Forty Two [Member] | ||
Revenue | ||
Rental | 1,660,288 | 2,581,674 |
Interest and other | 68,234 | 103,563 |
Operating Partnerships Revenues | 1,728,522 | 2,685,237 |
Expenses | ||
Interest | 337,485 | 560,478 |
Depreciation and amortization | 501,382 | 801,778 |
Operating expenses | 1,204,267 | 1,918,744 |
Operating Partnerships Total Expenses | 2,043,134 | 3,281,000 |
NET LOSS | (314,612) | (595,763) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (311,466) | (589,805) |
Net loss allocated to other Partners | (3,146) | (5,958) |
Series Forty Three [Member] | ||
Revenue | ||
Rental | 2,592,340 | 3,823,594 |
Interest and other | 110,695 | 186,172 |
Operating Partnerships Revenues | 2,703,035 | 4,009,766 |
Expenses | ||
Interest | 308,956 | 586,218 |
Depreciation and amortization | 788,153 | 1,263,725 |
Operating expenses | 1,974,029 | 2,952,130 |
Operating Partnerships Total Expenses | 3,071,138 | 4,802,073 |
NET LOSS | (368,103) | (792,307) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (364,422) | (784,384) |
Net loss allocated to other Partners | (3,681) | (7,923) |
Series Forty Four [Member] | ||
Revenue | ||
Rental | 4,471,520 | 4,397,610 |
Interest and other | 122,781 | 136,412 |
Operating Partnerships Revenues | 4,594,301 | 4,534,022 |
Expenses | ||
Interest | 1,043,365 | 1,051,820 |
Depreciation and amortization | 1,014,262 | 1,025,862 |
Operating expenses | 2,566,624 | 2,635,539 |
Operating Partnerships Total Expenses | 4,624,251 | 4,713,221 |
NET LOSS | (29,950) | (179,199) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (29,651) | (177,407) |
Net loss allocated to other Partners | (299) | (1,792) |
Series Forty Five [Member] | ||
Revenue | ||
Rental | 4,990,180 | 5,430,265 |
Interest and other | 103,760 | 110,355 |
Operating Partnerships Revenues | 5,093,940 | 5,540,620 |
Expenses | ||
Interest | 656,160 | 727,734 |
Depreciation and amortization | 1,328,457 | 1,476,660 |
Operating expenses | 3,702,951 | 3,931,531 |
Operating Partnerships Total Expenses | 5,687,568 | 6,135,925 |
NET LOSS | (593,628) | (595,305) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (587,692) | (589,352) |
Net loss allocated to other Partners | (5,936) | (5,953) |
Series Forty Six [Member] | ||
Revenue | ||
Rental | 3,540,398 | 3,464,867 |
Interest and other | 107,401 | 75,287 |
Operating Partnerships Revenues | 3,647,799 | 3,540,154 |
Expenses | ||
Interest | 704,861 | 707,913 |
Depreciation and amortization | 850,503 | 857,671 |
Operating expenses | 2,224,086 | 2,256,779 |
Operating Partnerships Total Expenses | 3,779,450 | 3,822,363 |
NET LOSS | (131,651) | (282,209) |
Net loss allocated to Boston Capital Tax Credit Fund IV L.P. | (130,334) | (279,387) |
Net loss allocated to other Partners | $ (1,317) | $ (2,822) |
INVESTMENTS IN OPERATING PART_7
INVESTMENTS IN OPERATING PARTNERSHIPS (Details Textual) - USD ($) | 9 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Series Twenty Nine [Member] | ||
Investments In Operating Limited Partnerships [Line Items] | ||
Write Off Of Capital Contribution Payable | $ 100 | |
Series Thirty [Member] | ||
Investments In Operating Limited Partnerships [Line Items] | ||
Write Off Of Capital Contribution Payable | 65,176 | $ 39,963 |
Series Thirty One [Member] | ||
Investments In Operating Limited Partnerships [Line Items] | ||
Write Off Of Capital Contribution Payable | 41,294 | |
Series Thirty Three [Member] | ||
Investments In Operating Limited Partnerships [Line Items] | ||
Write Off Of Capital Contribution Payable | 66,504 | |
Series Thirty Seven [Member] | ||
Investments In Operating Limited Partnerships [Line Items] | ||
Write Off Of Capital Contribution Payable | 138,438 | |
Series Forty Three [Member] | ||
Investments In Operating Limited Partnerships [Line Items] | ||
Write Off Of Capital Contribution Payable | $ 26,082 |
SUBSEQUENT EVENTS (Details Text
SUBSEQUENT EVENTS (Details Textual) - Scenario, Forecast [Member] | 3 Months Ended |
Mar. 31, 2019USD ($) | |
Subsequent Event [Line Items] | |
Estimated Cash Proceeds To Operating Partnership | $ 689,744 |
Estimated Gain On The Sale Of The Operating Partnerships | $ 661,244 |