Document_And_Entity_Informatio
Document And Entity Information (USD $) | 12 Months Ended |
Mar. 31, 2014 | |
Document Information [Line Items] | ' |
Entity Registrant Name | 'BOSTON CAPITAL TAX CREDIT FUND IV LP |
Entity Central Index Key | '0000913778 |
Current Fiscal Year End Date | '--03-31 |
Entity Filer Category | 'Smaller Reporting Company |
Entity Common Stock, Shares Outstanding | 0 |
Document Type | '10-K |
Amendment Flag | 'false |
Document Period End Date | 31-Mar-14 |
Document Fiscal Period Focus | 'FY |
Document Fiscal Year Focus | '2014 |
Entity Well-known Seasoned Issuer | 'No |
Entity Voluntary Filers | 'No |
Entity Current Reporting Status | 'Yes |
Entity Public Float | $0 |
BALANCE_SHEETS
BALANCE SHEETS (USD $) | Mar. 31, 2014 | Mar. 31, 2013 |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | $5,328,701 | $13,605,938 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 12,797,054 | 10,156,227 |
Notes receivable | 22,790 | 69,698 |
Deferred acquisition costs, net of accumulated amortization | 200,376 | 1,786,668 |
Other assets | 180,417 | 838,860 |
ASSETS | 18,529,338 | 26,457,391 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 160,120 | 196,892 |
Accounts payable - affiliates | 50,042,235 | 53,175,805 |
Capital contributions payable | 664,260 | 1,111,008 |
LIABILITIES | 50,866,615 | 54,483,705 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -24,847,683 | -20,579,829 |
General partner | -7,489,594 | -7,446,485 |
PARTNERS' CAPITAL (DEFICIT) | -32,337,277 | -28,026,314 |
Liabilities and Stockholders' Equity | 18,529,338 | 26,457,391 |
Series Twenty [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 204,785 | 158,143 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 204,785 | 158,143 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 20,000 |
Accounts payable - affiliates | 1,488,111 | 2,027,860 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,488,111 | 2,047,860 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -962,241 | -1,562,568 |
General partner | -321,085 | -327,149 |
PARTNERS' CAPITAL (DEFICIT) | -1,283,326 | -1,889,717 |
Liabilities and Stockholders' Equity | 204,785 | 158,143 |
Series Twenty One [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 116,749 | 128,750 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 3,000 | 3,000 |
ASSETS | 119,749 | 131,750 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 5,000 | 0 |
Accounts payable - affiliates | 1,383,089 | 1,403,159 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,388,089 | 1,403,159 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -1,093,706 | -1,096,744 |
General partner | -174,634 | -174,665 |
PARTNERS' CAPITAL (DEFICIT) | -1,268,340 | -1,271,409 |
Liabilities and Stockholders' Equity | 119,749 | 131,750 |
Series Twenty Two [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 98,564 | 223,347 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 98,564 | 223,347 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 2,892,033 | 2,918,338 |
Capital contributions payable | 9,352 | 9,352 |
LIABILITIES | 2,901,385 | 2,927,690 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -2,555,709 | -2,458,216 |
General partner | -247,112 | -246,127 |
PARTNERS' CAPITAL (DEFICIT) | -2,802,821 | -2,704,343 |
Liabilities and Stockholders' Equity | 98,564 | 223,347 |
Series Twenty Three [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 118,542 | 172,186 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 118,542 | 172,186 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 2,549,950 | 2,478,131 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 2,549,950 | 2,478,131 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -2,122,247 | -1,998,039 |
General partner | -309,161 | -307,906 |
PARTNERS' CAPITAL (DEFICIT) | -2,431,408 | -2,305,945 |
Liabilities and Stockholders' Equity | 118,542 | 172,186 |
Series Twenty Four [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 890,715 | 1,726,961 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 3,422 |
ASSETS | 890,715 | 1,730,383 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 3,000 | 0 |
Accounts payable - affiliates | 0 | 2,468,363 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 3,000 | 2,468,363 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | 1,064,135 | -545,303 |
General partner | -176,420 | -192,677 |
PARTNERS' CAPITAL (DEFICIT) | 887,715 | -737,980 |
Liabilities and Stockholders' Equity | 890,715 | 1,730,383 |
Series Twenty Five [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 2,550,061 | 1,984,103 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 1,250 | 627,865 |
ASSETS | 2,551,311 | 2,611,968 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 978 |
Accounts payable - affiliates | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 978 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | 2,783,242 | 2,842,324 |
General partner | -231,931 | -231,334 |
PARTNERS' CAPITAL (DEFICIT) | 2,551,311 | 2,610,990 |
Liabilities and Stockholders' Equity | 2,551,311 | 2,611,968 |
Series Twenty Six [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 2,510,330 | 271,051 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 4,363 |
ASSETS | 2,510,330 | 275,414 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 4,960 | 7,460 |
Accounts payable - affiliates | 0 | 499,347 |
Capital contributions payable | 1,293 | 1,293 |
LIABILITIES | 6,253 | 508,100 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | 2,819,289 | 109,894 |
General partner | -315,212 | -342,580 |
PARTNERS' CAPITAL (DEFICIT) | 2,504,077 | -232,686 |
Liabilities and Stockholders' Equity | 2,510,330 | 275,414 |
Series Twenty Seven [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 1,049,687 | 230,059 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 6,500 | 7,233 |
ASSETS | 1,056,187 | 237,292 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 7,500 |
Accounts payable - affiliates | 44,238 | 1,603,517 |
Capital contributions payable | 10,020 | 10,020 |
LIABILITIES | 54,258 | 1,621,037 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | 1,198,357 | -1,163,460 |
General partner | -196,428 | -220,285 |
PARTNERS' CAPITAL (DEFICIT) | 1,001,929 | -1,383,745 |
Liabilities and Stockholders' Equity | 1,056,187 | 237,292 |
Series Twenty Eight [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 515,862 | 386,279 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 2,817 | 3,550 |
ASSETS | 518,679 | 389,829 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 7,500 | 0 |
Accounts payable - affiliates | 706,182 | 1,577,136 |
Capital contributions payable | 40,968 | 40,968 |
LIABILITIES | 754,650 | 1,618,104 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | 110,137 | -872,244 |
General partner | -346,108 | -356,031 |
PARTNERS' CAPITAL (DEFICIT) | -235,971 | -1,228,275 |
Liabilities and Stockholders' Equity | 518,679 | 389,829 |
Series Twenty Nine [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 224,155 | 82,084 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 224,155 | 82,084 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 3,583,859 | 3,508,005 |
Capital contributions payable | 8,235 | 10,197 |
LIABILITIES | 3,592,094 | 3,518,202 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -2,995,613 | -3,063,110 |
General partner | -372,326 | -373,008 |
PARTNERS' CAPITAL (DEFICIT) | -3,367,939 | -3,436,118 |
Liabilities and Stockholders' Equity | 224,155 | 82,084 |
Series Thirty [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 253,948 | 269,758 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 500 | 500 |
ASSETS | 254,448 | 270,258 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 1,690,813 | 1,535,665 |
Capital contributions payable | 127,396 | 127,396 |
LIABILITIES | 1,818,209 | 1,663,061 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -1,321,067 | -1,151,819 |
General partner | -242,694 | -240,984 |
PARTNERS' CAPITAL (DEFICIT) | -1,563,761 | -1,392,803 |
Liabilities and Stockholders' Equity | 254,448 | 270,258 |
Series Thirty One [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 852,580 | 233,992 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 25,000 | 25,000 |
ASSETS | 877,580 | 258,992 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 2,257 | 0 |
Accounts payable - affiliates | 3,212,781 | 2,933,577 |
Capital contributions payable | 66,294 | 66,294 |
LIABILITIES | 3,281,332 | 2,999,871 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -2,000,456 | -2,334,212 |
General partner | -403,296 | -406,667 |
PARTNERS' CAPITAL (DEFICIT) | -2,403,752 | -2,740,879 |
Liabilities and Stockholders' Equity | 877,580 | 258,992 |
Series Thirty Two [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 310,949 | 337,905 |
Notes receivable | 0 | 46,908 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 22,577 |
ASSETS | 310,949 | 407,390 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 3,085,965 | 2,815,554 |
Capital contributions payable | 3,486 | 173,561 |
LIABILITIES | 3,089,451 | 2,989,115 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -2,344,354 | -2,149,545 |
General partner | -434,148 | -432,180 |
PARTNERS' CAPITAL (DEFICIT) | -2,778,502 | -2,581,725 |
Liabilities and Stockholders' Equity | 310,949 | 407,390 |
Series Thirty Three [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 194,920 | 201,600 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 194,920 | 201,600 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 3,403 | 3,403 |
Accounts payable - affiliates | 1,941,386 | 1,817,978 |
Capital contributions payable | 69,154 | 69,154 |
LIABILITIES | 2,013,943 | 1,890,535 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -1,575,053 | -1,446,266 |
General partner | -243,970 | -242,669 |
PARTNERS' CAPITAL (DEFICIT) | -1,819,023 | -1,688,935 |
Liabilities and Stockholders' Equity | 194,920 | 201,600 |
Series Thirty Four [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 299,036 | 63,811 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 299,036 | 63,811 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 3,000 | 0 |
Accounts payable - affiliates | 3,900,829 | 3,631,497 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 3,903,829 | 3,631,497 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -3,268,355 | -3,231,619 |
General partner | -336,438 | -336,067 |
PARTNERS' CAPITAL (DEFICIT) | -3,604,793 | -3,567,686 |
Liabilities and Stockholders' Equity | 299,036 | 63,811 |
Series Thirty Five [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 278,190 | 101,782 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 278,190 | 101,782 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 2,257,174 | 2,055,092 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 2,257,174 | 2,055,092 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -1,677,169 | -1,651,752 |
General partner | -301,815 | -301,558 |
PARTNERS' CAPITAL (DEFICIT) | -1,978,984 | -1,953,310 |
Liabilities and Stockholders' Equity | 278,190 | 101,782 |
Series Thirty Six [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 448,179 | 1,437,216 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 448,179 | 1,437,216 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 131,000 | 131,000 |
Accounts payable - affiliates | 1,108,351 | 1,975,871 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,239,351 | 2,106,871 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -604,597 | -484,295 |
General partner | -186,575 | -185,360 |
PARTNERS' CAPITAL (DEFICIT) | -791,172 | -669,655 |
Liabilities and Stockholders' Equity | 448,179 | 1,437,216 |
Series Thirty Seven [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 305,167 | 287,786 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 305,167 | 287,786 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 2,147,147 | 1,942,283 |
Capital contributions payable | 138,438 | 138,438 |
LIABILITIES | 2,285,585 | 2,080,721 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -1,745,050 | -1,559,442 |
General partner | -235,368 | -233,493 |
PARTNERS' CAPITAL (DEFICIT) | -1,980,418 | -1,792,935 |
Liabilities and Stockholders' Equity | 305,167 | 287,786 |
Series Thirty Eight [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 236,887 | 175,521 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 236,887 | 175,521 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 1,716,832 | 1,552,432 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,716,832 | 1,552,432 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -1,246,861 | -1,144,857 |
General partner | -233,084 | -232,054 |
PARTNERS' CAPITAL (DEFICIT) | -1,479,945 | -1,376,911 |
Liabilities and Stockholders' Equity | 236,887 | 175,521 |
Series Thirty Nine [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 144,094 | 142,890 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 144,094 | 142,890 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 1,547,899 | 1,411,099 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,547,899 | 1,411,099 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -1,193,325 | -1,059,085 |
General partner | -210,480 | -209,124 |
PARTNERS' CAPITAL (DEFICIT) | -1,403,805 | -1,268,209 |
Liabilities and Stockholders' Equity | 144,094 | 142,890 |
Series Forty [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 96,711 | 92,145 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 96,711 | 92,145 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 2,828,348 | 2,615,847 |
Capital contributions payable | 102 | 102 |
LIABILITIES | 2,828,450 | 2,615,949 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -2,479,478 | -2,273,622 |
General partner | -252,261 | -250,182 |
PARTNERS' CAPITAL (DEFICIT) | -2,731,739 | -2,523,804 |
Liabilities and Stockholders' Equity | 96,711 | 92,145 |
Series Forty One [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 167,428 | 147,099 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 0 |
Other assets | 1,218 | 1,218 |
ASSETS | 168,646 | 148,317 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 3,054,940 | 2,869,208 |
Capital contributions payable | 100 | 100 |
LIABILITIES | 3,055,040 | 2,869,308 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -2,608,361 | -2,444,612 |
General partner | -278,033 | -276,379 |
PARTNERS' CAPITAL (DEFICIT) | -2,886,394 | -2,720,991 |
Liabilities and Stockholders' Equity | 168,646 | 148,317 |
Series Forty Two [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 109,918 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 266,762 | 259,722 |
Notes receivable | 22,790 | 22,790 |
Deferred acquisition costs, net of accumulated amortization | 0 | 276,642 |
Other assets | 51,003 | 51,003 |
ASSETS | 340,555 | 720,075 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 2,071,473 | 1,872,773 |
Capital contributions payable | 73,433 | 73,433 |
LIABILITIES | 2,144,906 | 1,946,206 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -1,545,369 | -972,931 |
General partner | -258,982 | -253,200 |
PARTNERS' CAPITAL (DEFICIT) | -1,804,351 | -1,226,131 |
Liabilities and Stockholders' Equity | 340,555 | 720,075 |
Series Forty Three [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 178,330 | 1,467,908 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 303,384 | 244,501 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 200,376 | 267,168 |
Other assets | 85,341 | 85,341 |
ASSETS | 767,431 | 2,064,918 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 2,548,228 | 2,241,448 |
Capital contributions payable | 99,265 | 121,112 |
LIABILITIES | 2,647,493 | 2,362,560 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -1,539,740 | 26,856 |
General partner | -340,322 | -324,498 |
PARTNERS' CAPITAL (DEFICIT) | -1,880,062 | -297,642 |
Liabilities and Stockholders' Equity | 767,431 | 2,064,918 |
Series Forty Four [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 0 | 1,079,218 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 38,362 | 342,053 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 1,131,190 |
Other assets | 0 | 0 |
ASSETS | 38,362 | 2,552,461 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 21,551 |
Accounts payable - affiliates | 1,642,751 | 1,352,903 |
Capital contributions payable | 0 | 252,864 |
LIABILITIES | 1,642,751 | 1,627,318 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | -1,350,897 | 1,153,340 |
General partner | -253,492 | -228,197 |
PARTNERS' CAPITAL (DEFICIT) | -1,604,389 | 925,143 |
Liabilities and Stockholders' Equity | 38,362 | 2,552,461 |
Series Forty Five [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 2,004,492 | 4,953,547 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 126,153 | 274,823 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 71,262 |
Other assets | 0 | 0 |
ASSETS | 2,130,645 | 5,299,632 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 5,000 |
Accounts payable - affiliates | 1,463,025 | 1,141,419 |
Capital contributions payable | 16,724 | 16,724 |
LIABILITIES | 1,479,749 | 1,163,143 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | 998,049 | 4,448,786 |
General partner | -347,153 | -312,297 |
PARTNERS' CAPITAL (DEFICIT) | 650,896 | 4,136,489 |
Liabilities and Stockholders' Equity | 2,130,645 | 5,299,632 |
Series Forty Six [Member] | ' | ' |
ASSETS | ' | ' |
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 3,145,879 | 5,995,347 |
OTHER ASSETS | ' | ' |
Cash and cash equivalents | 194,854 | 180,660 |
Notes receivable | 0 | 0 |
Deferred acquisition costs, net of accumulated amortization | 0 | 40,406 |
Other assets | 3,788 | 3,788 |
ASSETS | 3,344,521 | 6,220,201 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable - affiliates | 1,176,831 | 927,303 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,176,831 | 927,303 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' |
Units of limited partnership interest | 0 | 0 |
Units of beneficial interest of the limited partnership interest | 2,408,756 | 5,502,712 |
General partner | -241,066 | -209,814 |
PARTNERS' CAPITAL (DEFICIT) | 2,167,690 | 5,292,898 |
Liabilities and Stockholders' Equity | $3,344,521 | $6,220,201 |
BALANCE_SHEETS_Parenthetical
BALANCE SHEETS [Parenthetical] (USD $) | Mar. 31, 2014 | Mar. 31, 2013 |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 83,651,080 | 83,651,080 |
Units of limited partnership interest, issued | 83,651,080 | 83,651,080 |
Units of limited partnership interest, outstanding | 83,626,246 | 83,644,880 |
Series Twenty [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 3,866,700 | 3,866,700 |
Units of limited partnership interest, issued | 3,866,700 | 3,866,700 |
Units of limited partnership interest, outstanding | 3,864,700 | 3,865,700 |
Series Twenty One [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 1,892,700 | 1,892,700 |
Units of limited partnership interest, issued | 1,892,700 | 1,892,700 |
Units of limited partnership interest, outstanding | 1,888,200 | 1,890,700 |
Series Twenty Two [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,564,400 | 2,564,400 |
Units of limited partnership interest, issued | 2,564,400 | 2,564,400 |
Units of limited partnership interest, outstanding | 2,561,400 | 2,564,400 |
Series Twenty Three [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 3,336,727 | 3,336,727 |
Units of limited partnership interest, issued | 3,336,727 | 3,336,727 |
Units of limited partnership interest, outstanding | 3,336,227 | 3,336,727 |
Series Twenty Four [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,169,878 | 2,169,878 |
Units of limited partnership interest, issued | 2,169,878 | 2,169,878 |
Units of limited partnership interest, outstanding | 2,168,878 | 2,169,878 |
Series Twenty Five [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 3,026,109 | 3,026,109 |
Units of limited partnership interest, issued | 3,026,109 | 3,026,109 |
Units of limited partnership interest, outstanding | 3,025,609 | 3,025,609 |
Series Twenty Six [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 3,995,900 | 3,995,900 |
Units of limited partnership interest, issued | 3,995,900 | 3,995,900 |
Units of limited partnership interest, outstanding | 3,995,200 | 3,995,200 |
Series Twenty Seven [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,460,700 | 2,460,700 |
Units of limited partnership interest, issued | 2,460,700 | 2,460,700 |
Units of limited partnership interest, outstanding | 2,460,700 | 2,460,700 |
Series Twenty Eight [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 4,000,738 | 4,000,738 |
Units of limited partnership interest, issued | 4,000,738 | 4,000,738 |
Units of limited partnership interest, outstanding | 3,999,738 | 4,000,238 |
Series Twenty Nine [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 3,991,800 | 3,991,800 |
Units of limited partnership interest, issued | 3,991,800 | 3,991,800 |
Units of limited partnership interest, outstanding | 3,991,300 | 3,991,800 |
Series Thirty [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,651,000 | 2,651,000 |
Units of limited partnership interest, issued | 2,651,000 | 2,651,000 |
Units of limited partnership interest, outstanding | 2,651,000 | 2,651,000 |
Series Thirty One [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 4,417,857 | 4,417,857 |
Units of limited partnership interest, issued | 4,417,857 | 4,417,857 |
Units of limited partnership interest, outstanding | 4,415,757 | 4,417,857 |
Series Thirty Two [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 4,754,198 | 4,754,198 |
Units of limited partnership interest, issued | 4,754,198 | 4,754,198 |
Units of limited partnership interest, outstanding | 4,751,198 | 4,753,698 |
Series Thirty Three [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,636,533 | 2,636,533 |
Units of limited partnership interest, issued | 2,636,533 | 2,636,533 |
Units of limited partnership interest, outstanding | 2,635,533 | 2,635,533 |
Series Thirty Four [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 3,529,319 | 3,529,319 |
Units of limited partnership interest, issued | 3,529,319 | 3,529,319 |
Units of limited partnership interest, outstanding | 3,528,319 | 3,529,319 |
Series Thirty Five [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 3,300,463 | 3,300,463 |
Units of limited partnership interest, issued | 3,300,463 | 3,300,463 |
Units of limited partnership interest, outstanding | 3,298,763 | 3,300,463 |
Series Thirty Six [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,106,838 | 2,106,838 |
Units of limited partnership interest, issued | 2,106,838 | 2,106,838 |
Units of limited partnership interest, outstanding | 2,104,504 | 2,106,838 |
Series Thirty Seven [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,512,500 | 2,512,500 |
Units of limited partnership interest, issued | 2,512,500 | 2,512,500 |
Units of limited partnership interest, outstanding | 2,512,500 | 2,512,500 |
Series Thirty Eight [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,543,100 | 2,543,100 |
Units of limited partnership interest, issued | 2,543,100 | 2,543,100 |
Units of limited partnership interest, outstanding | 2,543,100 | 2,543,100 |
Series Thirty Nine [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,292,151 | 2,292,151 |
Units of limited partnership interest, issued | 2,292,151 | 2,292,151 |
Units of limited partnership interest, outstanding | 2,292,151 | 2,292,151 |
Series Forty [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,630,256 | 2,630,256 |
Units of limited partnership interest, issued | 2,630,256 | 2,630,256 |
Units of limited partnership interest, outstanding | 2,630,256 | 2,630,256 |
Series Forty One [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,891,626 | 2,891,626 |
Units of limited partnership interest, issued | 2,891,626 | 2,891,626 |
Units of limited partnership interest, outstanding | 2,891,626 | 2,891,626 |
Series Forty Two [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,744,262 | 2,744,262 |
Units of limited partnership interest, issued | 2,744,262 | 2,744,262 |
Units of limited partnership interest, outstanding | 2,744,262 | 2,744,262 |
Series Forty Three [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 3,637,987 | 3,637,987 |
Units of limited partnership interest, issued | 3,637,987 | 3,637,987 |
Units of limited partnership interest, outstanding | 3,637,987 | 3,637,987 |
Series Forty Four [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,701,973 | 2,701,973 |
Units of limited partnership interest, issued | 2,701,973 | 2,701,973 |
Units of limited partnership interest, outstanding | 2,701,973 | 2,701,973 |
Series Forty Five [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 4,014,367 | 4,014,367 |
Units of limited partnership interest, issued | 4,014,367 | 4,014,367 |
Units of limited partnership interest, outstanding | 4,014,367 | 4,014,367 |
Series Forty Six [Member] | ' | ' |
Units of assignor limited partners capital, authorized | 101,500,000 | 101,500,000 |
Beneficial assignee certificate, par value (in dollars per share) | $10 | $10 |
Assignor Limited Partners Capital Account Units Issued | 2,980,998 | 2,980,998 |
Units of limited partnership interest, issued | 2,980,998 | 2,980,998 |
Units of limited partnership interest, outstanding | 2,980,998 | 2,980,998 |
STATEMENTS_OF_OPERATIONS
STATEMENTS OF OPERATIONS (USD $) | 12 Months Ended | |||
Mar. 31, 2014 | Mar. 31, 2013 | |||
Income | ' | ' | ||
Interest income | $47,997 | $102,062 | ||
Miscellaneous | 923,483 | 804,306 | ||
Revenues | 971,480 | 906,368 | ||
Share of income (losses) from operating limited partnerships | 7,643,945 | [1] | 6,320,307 | [1] |
Expenses and loss | ' | ' | ||
Fund management fee | 4,069,465 | 4,523,004 | ||
Amortization | 446,669 | 633,807 | ||
General and administrative expenses | 644,311 | 578,018 | ||
Professional fees | 649,668 | 845,782 | ||
Impairment loss | 7,116,275 | 9,932,388 | ||
Operating expenses | 12,926,388 | 16,512,999 | ||
NET INCOME (LOSS) | -4,310,963 | -9,286,324 | ||
Net income (loss) allocated to general partner | -43,109 | -92,862 | ||
Net income (loss) allocated to limited partners | -4,267,854 | -9,193,462 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.05) | ($0.11) | ||
Series Twenty [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 701 | 697 | ||
Miscellaneous | 689 | 3,125 | ||
Revenues | 1,390 | 3,822 | ||
Share of income (losses) from operating limited partnerships | 722,000 | [2] | 6,402 | [2] |
Expenses and loss | ' | ' | ||
Fund management fee | 77,349 | 95,105 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 21,816 | 25,093 | ||
Professional fees | 17,834 | 22,063 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 116,999 | 142,261 | ||
NET INCOME (LOSS) | 606,391 | -132,037 | ||
Net income (loss) allocated to general partner | 6,064 | -1,320 | ||
Net income (loss) allocated to limited partners | 600,327 | -130,717 | ||
Net income (loss) per BAC (in dollars per unit) | $0.16 | ($0.03) | ||
Series Twenty One [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 326 | 535 | ||
Miscellaneous | 7,372 | 3,559 | ||
Revenues | 7,698 | 4,094 | ||
Share of income (losses) from operating limited partnerships | 79,000 | [3] | 0 | [3] |
Expenses and loss | ' | ' | ||
Fund management fee | 55,254 | 64,029 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 14,201 | 17,140 | ||
Professional fees | 14,174 | 17,577 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 83,629 | 98,746 | ||
NET INCOME (LOSS) | 3,069 | -94,652 | ||
Net income (loss) allocated to general partner | 31 | -947 | ||
Net income (loss) allocated to limited partners | 3,038 | -93,705 | ||
Net income (loss) per BAC (in dollars per unit) | $0 | $0 | ||
Series Twenty Two [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 309 | 561 | ||
Miscellaneous | 5,683 | 5,683 | ||
Revenues | 5,992 | 6,244 | ||
Share of income (losses) from operating limited partnerships | 0 | [4] | 318,670 | [4] |
Expenses and loss | ' | ' | ||
Fund management fee | 59,070 | 104,481 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 17,461 | 22,085 | ||
Professional fees | 27,939 | 24,638 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 104,470 | 151,204 | ||
NET INCOME (LOSS) | -98,478 | 173,710 | ||
Net income (loss) allocated to general partner | -985 | 1,737 | ||
Net income (loss) allocated to limited partners | -97,493 | 171,973 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.04) | $0 | ||
Series Twenty Three [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 265 | 349 | ||
Miscellaneous | 0 | 68,066 | ||
Revenues | 265 | 68,415 | ||
Share of income (losses) from operating limited partnerships | 0 | [5] | 82,930 | [5] |
Expenses and loss | ' | ' | ||
Fund management fee | 84,219 | 98,414 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 20,445 | 23,856 | ||
Professional fees | 21,064 | 21,395 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 125,728 | 143,665 | ||
NET INCOME (LOSS) | -125,463 | 7,680 | ||
Net income (loss) allocated to general partner | -1,255 | 77 | ||
Net income (loss) allocated to limited partners | -124,208 | 7,603 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.04) | $0 | ||
Series Twenty Four [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 1,625 | 1,025 | ||
Miscellaneous | 14,568 | 19,253 | ||
Revenues | 16,193 | 20,278 | ||
Share of income (losses) from operating limited partnerships | 1,630,062 | [6] | 1,793,701 | [6] |
Expenses and loss | ' | ' | ||
Fund management fee | -19,566 | 104,844 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 16,697 | 19,400 | ||
Professional fees | 23,429 | 23,867 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 20,560 | 148,111 | ||
NET INCOME (LOSS) | 1,625,695 | 1,665,868 | ||
Net income (loss) allocated to general partner | 16,257 | 16,659 | ||
Net income (loss) allocated to limited partners | 1,609,438 | 1,649,209 | ||
Net income (loss) per BAC (in dollars per unit) | $0.74 | $0 | ||
Series Twenty Five [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 5,136 | 1,490 | ||
Miscellaneous | 13,092 | 25,450 | ||
Revenues | 18,228 | 26,940 | ||
Share of income (losses) from operating limited partnerships | 0 | [7] | 3,096,620 | [7] |
Expenses and loss | ' | ' | ||
Fund management fee | 37,896 | 32,033 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 19,704 | 21,601 | ||
Professional fees | 20,307 | 21,867 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 77,907 | 75,501 | ||
NET INCOME (LOSS) | -59,679 | 3,048,059 | ||
Net income (loss) allocated to general partner | -597 | 30,481 | ||
Net income (loss) allocated to limited partners | -59,082 | 3,017,578 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.02) | $1 | ||
Series Twenty Six [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 2,062 | 1,346 | ||
Miscellaneous | 19,909 | 41,069 | ||
Revenues | 21,971 | 42,415 | ||
Share of income (losses) from operating limited partnerships | 2,801,657 | [8] | 2,007,273 | [8] |
Expenses and loss | ' | ' | ||
Fund management fee | 20,694 | 205,800 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 25,174 | 28,005 | ||
Professional fees | 40,997 | 37,510 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 86,865 | 271,315 | ||
NET INCOME (LOSS) | 2,736,763 | 1,778,373 | ||
Net income (loss) allocated to general partner | 27,368 | 17,784 | ||
Net income (loss) allocated to limited partners | 2,709,395 | 1,760,589 | ||
Net income (loss) per BAC (in dollars per unit) | $0.68 | $0.44 | ||
Series Twenty Seven [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 1,996 | 797 | ||
Miscellaneous | 49,915 | 64,656 | ||
Revenues | 51,911 | 65,453 | ||
Share of income (losses) from operating limited partnerships | 2,508,394 | [9] | 582,228 | [9] |
Expenses and loss | ' | ' | ||
Fund management fee | 126,621 | 126,174 | ||
Amortization | 0 | 65,391 | ||
General and administrative expenses | 17,208 | 19,132 | ||
Professional fees | 30,802 | 20,560 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 174,631 | 231,257 | ||
NET INCOME (LOSS) | 2,385,674 | 416,424 | ||
Net income (loss) allocated to general partner | 23,857 | 4,164 | ||
Net income (loss) allocated to limited partners | 2,361,817 | 412,260 | ||
Net income (loss) per BAC (in dollars per unit) | $0.96 | $0.17 | ||
Series Twenty Eight [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 1,648 | 1,121 | ||
Miscellaneous | 256,704 | 299,127 | ||
Revenues | 258,352 | 300,248 | ||
Share of income (losses) from operating limited partnerships | 939,495 | [10] | 53,550 | [10] |
Expenses and loss | ' | ' | ||
Fund management fee | 156,842 | 157,026 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 21,422 | 24,006 | ||
Professional fees | 27,279 | 27,245 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 205,543 | 208,277 | ||
NET INCOME (LOSS) | 992,304 | 145,521 | ||
Net income (loss) allocated to general partner | 9,923 | 1,455 | ||
Net income (loss) allocated to limited partners | 982,381 | 144,066 | ||
Net income (loss) per BAC (in dollars per unit) | $0.25 | $0.04 | ||
Series Twenty Nine [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 386 | 503 | ||
Miscellaneous | 18,977 | 5,900 | ||
Revenues | 19,363 | 6,403 | ||
Share of income (losses) from operating limited partnerships | 344,656 | [11] | 0 | [11] |
Expenses and loss | ' | ' | ||
Fund management fee | 247,888 | 272,387 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 21,831 | 25,811 | ||
Professional fees | 26,121 | 154,196 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 295,840 | 452,394 | ||
NET INCOME (LOSS) | 68,179 | -445,991 | ||
Net income (loss) allocated to general partner | 682 | -4,460 | ||
Net income (loss) allocated to limited partners | 67,497 | -441,531 | ||
Net income (loss) per BAC (in dollars per unit) | $0.02 | ($0.11) | ||
Series Thirty [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 682 | 868 | ||
Miscellaneous | 2,052 | 4,365 | ||
Revenues | 2,734 | 5,233 | ||
Share of income (losses) from operating limited partnerships | 0 | [12] | 67,243 | [12] |
Expenses and loss | ' | ' | ||
Fund management fee | 135,287 | 129,592 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 16,985 | 20,091 | ||
Professional fees | 21,420 | 22,629 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 173,692 | 172,312 | ||
NET INCOME (LOSS) | -170,958 | -99,836 | ||
Net income (loss) allocated to general partner | -1,710 | -998 | ||
Net income (loss) allocated to limited partners | -169,248 | -98,838 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.06) | ($0.04) | ||
Series Thirty One [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 750 | 634 | ||
Miscellaneous | 28,143 | 12,014 | ||
Revenues | 28,893 | 12,648 | ||
Share of income (losses) from operating limited partnerships | 624,556 | [13] | 48,230 | [13] |
Expenses and loss | ' | ' | ||
Fund management fee | 266,630 | 181,336 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 22,383 | 25,030 | ||
Professional fees | 27,309 | 28,213 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 316,322 | 234,579 | ||
NET INCOME (LOSS) | 337,127 | -173,701 | ||
Net income (loss) allocated to general partner | 3,371 | -1,737 | ||
Net income (loss) allocated to limited partners | 333,756 | -171,964 | ||
Net income (loss) per BAC (in dollars per unit) | $0.08 | ($0.04) | ||
Series Thirty Two [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 26,586 | 1,078 | ||
Miscellaneous | 25,439 | 22,800 | ||
Revenues | 52,025 | 23,878 | ||
Share of income (losses) from operating limited partnerships | 3,428 | [14] | 1,449 | [14] |
Expenses and loss | ' | ' | ||
Fund management fee | 210,694 | 227,575 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 22,092 | 25,714 | ||
Professional fees | 19,444 | 22,592 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 252,230 | 275,881 | ||
NET INCOME (LOSS) | -196,777 | -250,554 | ||
Net income (loss) allocated to general partner | -1,968 | -2,506 | ||
Net income (loss) allocated to limited partners | -194,809 | -248,048 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.04) | ($0.05) | ||
Series Thirty Three [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 572 | 680 | ||
Miscellaneous | 6,686 | 18,943 | ||
Revenues | 7,258 | 19,623 | ||
Share of income (losses) from operating limited partnerships | 0 | 0 | ||
Expenses and loss | ' | ' | ||
Fund management fee | 107,019 | 107,019 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 15,298 | 18,291 | ||
Professional fees | 15,029 | 18,253 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 137,346 | 143,563 | ||
NET INCOME (LOSS) | -130,088 | -123,940 | ||
Net income (loss) allocated to general partner | -1,301 | -1,239 | ||
Net income (loss) allocated to limited partners | -128,787 | -122,701 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.05) | ($0.05) | ||
Series Thirty Four [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 80 | 20 | ||
Miscellaneous | 65,338 | 64,547 | ||
Revenues | 65,418 | 64,567 | ||
Share of income (losses) from operating limited partnerships | 176,333 | [15] | 0 | [15] |
Expenses and loss | ' | ' | ||
Fund management fee | 239,275 | 258,242 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 18,159 | 21,056 | ||
Professional fees | 21,424 | 26,851 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 278,858 | 306,149 | ||
NET INCOME (LOSS) | -37,107 | -241,582 | ||
Net income (loss) allocated to general partner | -371 | -2,416 | ||
Net income (loss) allocated to limited partners | -36,736 | -239,166 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.01) | ($0.07) | ||
Series Thirty Five [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 300 | 210 | ||
Miscellaneous | 158,019 | 69 | ||
Revenues | 158,319 | 279 | ||
Share of income (losses) from operating limited partnerships | 0 | [16] | 10,700 | [16] |
Expenses and loss | ' | ' | ||
Fund management fee | 149,479 | 192,645 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 17,520 | 20,449 | ||
Professional fees | 16,994 | 27,703 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 183,993 | 240,797 | ||
NET INCOME (LOSS) | -25,674 | -229,818 | ||
Net income (loss) allocated to general partner | -257 | -2,298 | ||
Net income (loss) allocated to limited partners | -25,417 | -227,520 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.01) | ($0.07) | ||
Series Thirty Six [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 957 | 588 | ||
Miscellaneous | 23,083 | 35,148 | ||
Revenues | 24,040 | 35,736 | ||
Share of income (losses) from operating limited partnerships | 0 | [17] | 1,242,272 | [17] |
Expenses and loss | ' | ' | ||
Fund management fee | 113,457 | 53,810 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 14,409 | 17,049 | ||
Professional fees | 17,691 | 35,162 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 145,557 | 106,021 | ||
NET INCOME (LOSS) | -121,517 | 1,171,987 | ||
Net income (loss) allocated to general partner | -1,215 | 11,720 | ||
Net income (loss) allocated to limited partners | -120,302 | 1,160,267 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.06) | $0.55 | ||
Series Thirty Seven [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 699 | 927 | ||
Miscellaneous | 24,920 | 23,092 | ||
Revenues | 25,619 | 24,019 | ||
Share of income (losses) from operating limited partnerships | 0 | 0 | ||
Expenses and loss | ' | ' | ||
Fund management fee | 184,475 | 186,346 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 14,603 | 17,248 | ||
Professional fees | 14,024 | 16,241 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 213,102 | 219,835 | ||
NET INCOME (LOSS) | -187,483 | -195,816 | ||
Net income (loss) allocated to general partner | -1,875 | -1,958 | ||
Net income (loss) allocated to limited partners | -185,608 | -193,858 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.07) | ($0.08) | ||
Series Thirty Eight [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 274 | 336 | ||
Miscellaneous | 69,621 | 53,597 | ||
Revenues | 69,895 | 53,933 | ||
Share of income (losses) from operating limited partnerships | 0 | -24,773 | ||
Expenses and loss | ' | ' | ||
Fund management fee | 141,801 | 133,356 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 15,289 | 17,975 | ||
Professional fees | 15,839 | 20,897 | ||
Impairment loss | 0 | 0 | ||
Operating expenses | 172,929 | 172,228 | ||
NET INCOME (LOSS) | -103,034 | -143,068 | ||
Net income (loss) allocated to general partner | -1,030 | -1,431 | ||
Net income (loss) allocated to limited partners | -102,004 | -141,637 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.04) | ($0.06) | ||
Series Thirty Nine [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 302 | 511 | ||
Miscellaneous | 12,956 | 13,621 | ||
Revenues | 13,258 | 14,132 | ||
Share of income (losses) from operating limited partnerships | 0 | -88,925 | ||
Expenses and loss | ' | ' | ||
Fund management fee | 119,052 | 112,877 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 14,318 | 16,783 | ||
Professional fees | 15,484 | 18,339 | ||
Impairment loss | 0 | 31,426 | ||
Operating expenses | 148,854 | 179,425 | ||
NET INCOME (LOSS) | -135,596 | -254,218 | ||
Net income (loss) allocated to general partner | -1,356 | -2,542 | ||
Net income (loss) allocated to limited partners | -134,240 | -251,676 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.06) | ($0.11) | ||
Series Forty [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 79 | 82 | ||
Miscellaneous | 8,278 | 19,238 | ||
Revenues | 8,357 | 19,320 | ||
Share of income (losses) from operating limited partnerships | 0 | -145,154 | ||
Expenses and loss | ' | ' | ||
Fund management fee | 178,426 | 175,622 | ||
Amortization | 0 | 0 | ||
General and administrative expenses | 15,797 | 18,823 | ||
Professional fees | 22,069 | 26,763 | ||
Impairment loss | 0 | 159,516 | ||
Operating expenses | 216,292 | 380,724 | ||
NET INCOME (LOSS) | -207,935 | -506,558 | ||
Net income (loss) allocated to general partner | -2,079 | -5,066 | ||
Net income (loss) allocated to limited partners | -205,856 | -501,492 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.08) | ($0.19) | ||
Series Forty One [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 437 | 512 | ||
Miscellaneous | 31,030 | 0 | ||
Revenues | 31,467 | 512 | ||
Share of income (losses) from operating limited partnerships | 52,000 | [18] | -314,199 | [18] |
Expenses and loss | ' | ' | ||
Fund management fee | 199,676 | 215,993 | ||
Amortization | 0 | 113,304 | ||
General and administrative expenses | 19,120 | 21,299 | ||
Professional fees | 30,074 | 28,440 | ||
Impairment loss | 0 | 686,802 | ||
Operating expenses | 248,870 | 1,065,838 | ||
NET INCOME (LOSS) | -165,403 | -1,379,525 | ||
Net income (loss) allocated to general partner | -1,654 | -13,795 | ||
Net income (loss) allocated to limited partners | -163,749 | -1,365,730 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.06) | ($0.47) | ||
Series Forty Two [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 392 | 32,726 | ||
Miscellaneous | 40,591 | 716 | ||
Revenues | 40,983 | 33,442 | ||
Share of income (losses) from operating limited partnerships | -102,342 | -378,764 | ||
Expenses and loss | ' | ' | ||
Fund management fee | 185,435 | 209,045 | ||
Amortization | 69,160 | 69,160 | ||
General and administrative expenses | 20,602 | 21,755 | ||
Professional fees | 29,111 | 29,909 | ||
Impairment loss | 212,553 | 1,141,092 | ||
Operating expenses | 516,861 | 1,470,961 | ||
NET INCOME (LOSS) | -578,220 | -1,816,283 | ||
Net income (loss) allocated to general partner | -5,782 | -18,163 | ||
Net income (loss) allocated to limited partners | -572,438 | -1,798,120 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.21) | ($0.66) | ||
Series Forty Three [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 479 | 52,044 | ||
Miscellaneous | 35,722 | 115 | ||
Revenues | 36,201 | 52,159 | ||
Share of income (losses) from operating limited partnerships | -280,816 | -364,989 | ||
Expenses and loss | ' | ' | ||
Fund management fee | 246,428 | 268,623 | ||
Amortization | 66,792 | 66,792 | ||
General and administrative expenses | 21,458 | 23,277 | ||
Professional fees | 30,652 | 31,521 | ||
Impairment loss | 972,475 | 2,181,276 | ||
Operating expenses | 1,337,805 | 2,571,489 | ||
NET INCOME (LOSS) | -1,582,420 | -2,884,319 | ||
Net income (loss) allocated to general partner | -15,824 | -28,843 | ||
Net income (loss) allocated to limited partners | -1,566,596 | -2,855,476 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.43) | ($0.78) | ||
Series Forty Four [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 227 | 894 | ||
Miscellaneous | 4,696 | 51 | ||
Revenues | 4,923 | 945 | ||
Share of income (losses) from operating limited partnerships | -270,876 | -340,390 | ||
Expenses and loss | ' | ' | ||
Fund management fee | 224,950 | 261,770 | ||
Amortization | 282,800 | 282,800 | ||
General and administrative expenses | 21,675 | 19,326 | ||
Professional fees | 37,930 | 45,783 | ||
Impairment loss | 1,696,224 | 981,206 | ||
Operating expenses | 2,263,579 | 1,590,885 | ||
NET INCOME (LOSS) | -2,529,532 | -1,930,330 | ||
Net income (loss) allocated to general partner | -25,295 | -19,303 | ||
Net income (loss) allocated to limited partners | -2,504,237 | -1,911,027 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.93) | ($0.71) | ||
Series Forty Five [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 277 | 878 | ||
Miscellaneous | 0 | 51 | ||
Revenues | 277 | 929 | ||
Share of income (losses) from operating limited partnerships | -665,720 | [19] | -748,455 | [19] |
Expenses and loss | ' | ' | ||
Fund management fee | 308,117 | 318,774 | ||
Amortization | 17,816 | 17,816 | ||
General and administrative expenses | 159,624 | 25,943 | ||
Professional fees | 40,844 | 40,419 | ||
Impairment loss | 2,293,749 | 2,475,746 | ||
Operating expenses | 2,820,150 | 2,878,698 | ||
NET INCOME (LOSS) | -3,485,593 | -3,626,224 | ||
Net income (loss) allocated to general partner | -34,856 | -36,262 | ||
Net income (loss) allocated to limited partners | -3,450,737 | -3,589,962 | ||
Net income (loss) per BAC (in dollars per unit) | ($0.86) | ($0.89) | ||
Series Forty Six [Member] | ' | ' | ||
Income | ' | ' | ||
Interest income | 450 | 650 | ||
Miscellaneous | 0 | 51 | ||
Revenues | 450 | 701 | ||
Share of income (losses) from operating limited partnerships | -917,882 | -585,312 | ||
Expenses and loss | ' | ' | ||
Fund management fee | 212,997 | 230,086 | ||
Amortization | 10,101 | 18,544 | ||
General and administrative expenses | 19,020 | 21,780 | ||
Professional fees | 24,384 | 35,149 | ||
Impairment loss | 1,941,274 | 2,275,324 | ||
Operating expenses | 2,207,776 | 2,580,883 | ||
NET INCOME (LOSS) | -3,125,208 | -3,165,494 | ||
Net income (loss) allocated to general partner | -31,252 | -31,655 | ||
Net income (loss) allocated to limited partners | ($3,093,956) | ($3,133,839) | ||
Net income (loss) per BAC (in dollars per unit) | ($1.04) | ($1.05) | ||
[1] | Includes $9,882,625 and $9,359,210, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[2] | Includes $722,000 and $6,402, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[3] | Includes $79,000 and $-, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[4] | Includes $- and $318,670, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[5] | Includes $- and $82,930, respectively, in 2014 and 2013 from gain/(loss)on disposal of operating limited partnership. | |||
[6] | Includes $1,630,062 and $1,793,701, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[7] | Includes $- and $3,096,620, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[8] | Includes $2,801,657 and $2,007,273, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[9] | Includes $2,508,394 and $582,228, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[10] | Includes $939,495 and $53,550, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[11] | Includes $344,656 and $-, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[12] | Includes $- and $72,943, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[13] | Includes $624,556 and $48,230, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[14] | Includes $3,428 and $1,449, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[15] | Includes $176,333 and $-, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[16] | Includes $- and $52,500, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[17] | Includes $- and $1,242,272, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[18] | Includes $52,000 and $-, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[19] | Includes $1,044 and $442, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. |
STATEMENTS_OF_OPERATIONS_Paren
STATEMENTS OF OPERATIONS [Parenthetical] (USD $) | 12 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Gain Loss On Disposition Of Investments | $9,882,625 | $9,359,210 |
Series Twenty [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 722,000 | 6,402 |
Series Twenty One [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 79,000 | 0 |
Series Twenty Two [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 0 | 318,670 |
Series Twenty Three [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 0 | 82,930 |
Series Twenty Four [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 1,630,062 | 1,793,701 |
Series Twenty Five [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 0 | 3,096,620 |
Series Twenty Six [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 2,801,657 | 2,007,273 |
Series Twenty Seven [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 2,508,394 | 582,228 |
Series Twenty Eight [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 939,495 | 53,550 |
Series Twenty Nine [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 344,656 | 0 |
Series Thirty [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 0 | 72,943 |
Series Thirty One [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 624,556 | 48,230 |
Series Thirty Two [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 3,428 | 1,449 |
Series Thirty Four [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 176,333 | 0 |
Series Thirty Five [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 0 | 52,500 |
Series Thirty Six [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 0 | 1,242,272 |
Series Forty One [Member] | ' | ' |
Gain Loss On Disposition Of Investments | 52,000 | 0 |
Series Forty Five [Member] | ' | ' |
Gain Loss On Disposition Of Investments | $1,044 | $442 |
STATEMENTS_OF_CHANGES_IN_PARTN
STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT) (USD $) | Total | Limited Partners [Member] | General Partner [Member] | Series Twenty [Member] | Series Twenty [Member] | Series Twenty [Member] | Series Twenty One [Member] | Series Twenty One [Member] | Series Twenty One [Member] | Series Twenty Two [Member] | Series Twenty Two [Member] | Series Twenty Two [Member] | Series Twenty Three [Member] | Series Twenty Three [Member] | Series Twenty Three [Member] | Series Twenty Four [Member] | Series Twenty Four [Member] | Series Twenty Four [Member] | Series Twenty Five [Member] | Series Twenty Five [Member] | Series Twenty Five [Member] | Series Twenty Six [Member] | Series Twenty Six [Member] | Series Twenty Six [Member] | Series Twenty Seven [Member] | Series Twenty Seven [Member] | Series Twenty Seven [Member] | Series Twenty Eight [Member] | Series Twenty Eight [Member] | Series Twenty Eight [Member] | Series Twenty Nine [Member] | Series Twenty Nine [Member] | Series Twenty Nine [Member] | Series Thirty [Member] | Series Thirty [Member] | Series Thirty [Member] | Series Thirty One [Member] | Series Thirty One [Member] | Series Thirty One [Member] | Series Thirty Two [Member] | Series Thirty Two [Member] | Series Thirty Two [Member] | Series Thirty Three [Member] | Series Thirty Three [Member] | Series Thirty Three [Member] | Series Thirty Four [Member] | Series Thirty Four [Member] | Series Thirty Four [Member] | Series Thirty Five [Member] | Series Thirty Five [Member] | Series Thirty Five [Member] | Series Thirty Six [Member] | Series Thirty Six [Member] | Series Thirty Six [Member] | Series Thirty Seven [Member] | Series Thirty Seven [Member] | Series Thirty Seven [Member] | Series Thirty Eight [Member] | Series Thirty Eight [Member] | Series Thirty Eight [Member] | Series Thirty Nine [Member] | Series Thirty Nine [Member] | Series Thirty Nine [Member] | Series Forty [Member] | Series Forty [Member] | Series Forty [Member] | Series Forty One [Member] | Series Forty One [Member] | Series Forty One [Member] | Series Forty Two [Member] | Series Forty Two [Member] | Series Forty Two [Member] | Series Forty Three [Member] | Series Forty Three [Member] | Series Forty Three [Member] | Series Forty Four [Member] | Series Forty Four [Member] | Series Forty Four [Member] | Series Forty Five [Member] | Series Forty Five [Member] | Series Forty Five [Member] | Series Forty Six [Member] | Series Forty Six [Member] | Series Forty Six [Member] |
Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | Limited Partners [Member] | General Partner [Member] | |||||||||||||||||||||||||||||||
Partners' capital (deficit) at Mar. 31, 2012 | ($18,739,990) | ($11,386,367) | ($7,353,623) | ($1,757,680) | ($1,431,851) | ($325,829) | ($1,176,757) | ($1,003,039) | ($173,718) | ($2,878,053) | ($2,630,189) | ($247,864) | ($2,313,625) | ($2,005,642) | ($307,983) | ($2,403,848) | ($2,194,512) | ($209,336) | ($437,069) | ($175,254) | ($261,815) | ($2,011,059) | ($1,650,695) | ($360,364) | ($1,800,169) | ($1,575,720) | ($224,449) | ($1,373,796) | ($1,016,310) | ($357,486) | ($2,990,127) | ($2,621,579) | ($368,548) | ($1,292,967) | ($1,052,981) | ($239,986) | ($2,567,178) | ($2,162,248) | ($404,930) | ($2,331,171) | ($1,901,497) | ($429,674) | ($1,564,995) | ($1,323,565) | ($241,430) | ($3,326,104) | ($2,992,453) | ($333,651) | ($1,723,492) | ($1,424,232) | ($299,260) | ($1,841,642) | ($1,644,562) | ($197,080) | ($1,597,119) | ($1,365,584) | ($231,535) | ($1,233,843) | ($1,003,220) | ($230,623) | ($1,013,991) | ($807,409) | ($206,582) | ($2,017,246) | ($1,772,130) | ($245,116) | ($1,341,466) | ($1,078,882) | ($262,584) | $590,152 | $825,189 | ($235,037) | $2,586,677 | $2,882,332 | ($295,655) | $2,855,473 | $3,064,367 | ($208,894) | $7,762,713 | $8,038,748 | ($276,035) | $8,458,392 | $8,636,551 | ($178,159) |
Net income (loss) | -9,286,324 | -9,193,462 | -92,862 | -132,037 | -130,717 | -1,320 | -94,652 | -93,705 | -947 | 173,710 | 171,973 | 1,737 | 7,680 | 7,603 | 77 | 1,665,868 | 1,649,209 | 16,659 | 3,048,059 | 3,017,578 | 30,481 | 1,778,373 | 1,760,589 | 17,784 | 416,424 | 412,260 | 4,164 | 145,521 | 144,066 | 1,455 | -445,991 | -441,531 | -4,460 | -99,836 | -98,838 | -998 | -173,701 | -171,964 | -1,737 | -250,554 | -248,048 | -2,506 | -123,940 | -122,701 | -1,239 | -241,582 | -239,166 | -2,416 | -229,818 | -227,520 | -2,298 | 1,171,987 | 1,160,267 | 11,720 | -195,816 | -193,858 | -1,958 | -143,068 | -141,637 | -1,431 | -254,218 | -251,676 | -2,542 | -506,558 | -501,492 | -5,066 | -1,379,525 | -1,365,730 | -13,795 | -1,816,283 | -1,798,120 | -18,163 | -2,884,319 | -2,855,476 | -28,843 | -1,930,330 | -1,911,027 | -19,303 | -3,626,224 | -3,589,962 | -36,262 | -3,165,494 | -3,133,839 | -31,655 |
Partners' capital (deficit) at Mar. 31, 2013 | -28,026,314 | -20,579,829 | -7,446,485 | -1,889,717 | -1,562,568 | -327,149 | -1,271,409 | -1,096,744 | -174,665 | -2,704,343 | -2,458,216 | -246,127 | -2,305,945 | -1,998,039 | -307,906 | -737,980 | -545,303 | -192,677 | 2,610,990 | 2,842,324 | -231,334 | -232,686 | 109,894 | -342,580 | -1,383,745 | -1,163,460 | -220,285 | -1,228,275 | -872,244 | -356,031 | -3,436,118 | -3,063,110 | -373,008 | -1,392,803 | -1,151,819 | -240,984 | -2,740,879 | -2,334,212 | -406,667 | -2,581,725 | -2,149,545 | -432,180 | -1,688,935 | -1,446,266 | -242,669 | -3,567,686 | -3,231,619 | -336,067 | -1,953,310 | -1,651,752 | -301,558 | -669,655 | -484,295 | -185,360 | -1,792,935 | -1,559,442 | -233,493 | -1,376,911 | -1,144,857 | -232,054 | -1,268,209 | -1,059,085 | -209,124 | -2,523,804 | -2,273,622 | -250,182 | -2,720,991 | -2,444,612 | -276,379 | -1,226,131 | -972,931 | -253,200 | -297,642 | 26,856 | -324,498 | 925,143 | 1,153,340 | -228,197 | 4,136,489 | 4,448,786 | -312,297 | 5,292,898 | 5,502,712 | -209,814 |
Net income (loss) | -4,310,963 | -4,267,854 | -43,109 | 606,391 | 600,327 | 6,064 | 3,069 | 3,038 | 31 | -98,478 | -97,493 | -985 | -125,463 | -124,208 | -1,255 | 1,625,695 | 1,609,438 | 16,257 | -59,679 | -59,082 | -597 | 2,736,763 | 2,709,395 | 27,368 | 2,385,674 | 2,361,817 | 23,857 | 992,304 | 982,381 | 9,923 | 68,179 | 67,497 | 682 | -170,958 | -169,248 | -1,710 | 337,127 | 333,756 | 3,371 | -196,777 | -194,809 | -1,968 | -130,088 | -128,787 | -1,301 | -37,107 | -36,736 | -371 | -25,674 | -25,417 | -257 | -121,517 | -120,302 | -1,215 | -187,483 | -185,608 | -1,875 | -103,034 | -102,004 | -1,030 | -135,596 | -134,240 | -1,356 | -207,935 | -205,856 | -2,079 | -165,403 | -163,749 | -1,654 | -578,220 | -572,438 | -5,782 | -1,582,420 | -1,566,596 | -15,824 | -2,529,532 | -2,504,237 | -25,295 | -3,485,593 | -3,450,737 | -34,856 | -3,125,208 | -3,093,956 | -31,252 |
Partners' capital (deficit) at Mar. 31, 2014 | ($32,337,277) | ($24,847,683) | ($7,489,594) | ($1,283,326) | ($962,241) | ($321,085) | ($1,268,340) | ($1,093,706) | ($174,634) | ($2,802,821) | ($2,555,709) | ($247,112) | ($2,431,408) | ($2,122,247) | ($309,161) | $887,715 | $1,064,135 | ($176,420) | $2,551,311 | $2,783,242 | ($231,931) | $2,504,077 | $2,819,289 | ($315,212) | $1,001,929 | $1,198,357 | ($196,428) | ($235,971) | $110,137 | ($346,108) | ($3,367,939) | ($2,995,613) | ($372,326) | ($1,563,761) | ($1,321,067) | ($242,694) | ($2,403,752) | ($2,000,456) | ($403,296) | ($2,778,502) | ($2,344,354) | ($434,148) | ($1,819,023) | ($1,575,053) | ($243,970) | ($3,604,793) | ($3,268,355) | ($336,438) | ($1,978,984) | ($1,677,169) | ($301,815) | ($791,172) | ($604,597) | ($186,575) | ($1,980,418) | ($1,745,050) | ($235,368) | ($1,479,945) | ($1,246,861) | ($233,084) | ($1,403,805) | ($1,193,325) | ($210,480) | ($2,731,739) | ($2,479,478) | ($252,261) | ($2,886,394) | ($2,608,361) | ($278,033) | ($1,804,351) | ($1,545,369) | ($258,982) | ($1,880,062) | ($1,539,740) | ($340,322) | ($1,604,389) | ($1,350,897) | ($253,492) | $650,896 | $998,049 | ($347,153) | $2,167,690 | $2,408,756 | ($241,066) |
STATEMENTS_OF_CASH_FLOWS
STATEMENTS OF CASH FLOWS (USD $) | 12 Months Ended | |||
Mar. 31, 2014 | Mar. 31, 2013 | |||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | ($4,310,963) | ($9,286,324) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | -7,643,945 | [1] | -6,320,307 | [1] |
Impairment loss | 7,116,275 | 9,932,388 | ||
Distributions received from operating limited partnerships | 113,637 | 193,267 | ||
Amortization | 446,669 | 633,807 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | -35,657 | -175,120 | ||
Accounts payable and accrued expenses | -36,772 | 124,596 | ||
Accounts payable - affiliates | -3,133,570 | -1,189,985 | ||
Net cash provided by (used in) operating activities | -7,484,326 | -6,087,678 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | -374,399 | -23,196 | ||
Proceeds from disposition of operating limited partnerships | 10,499,552 | [2] | 8,740,321 | [3] |
Net cash provided by (used in) investing activities | 10,125,153 | 8,717,125 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 2,640,827 | 2,629,447 | ||
Cash and cash equivalents, beginning | 10,156,227 | 7,526,780 | ||
Cash and cash equivalents, ending | 12,797,054 | 10,156,227 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 902 | 1,776 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 69,485 | 0 | ||
Series Twenty [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | 606,391 | -132,037 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | -722,000 | [4] | -6,402 | [4] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | -20,000 | -7,500 | ||
Accounts payable - affiliates | -539,749 | -182,010 | ||
Net cash provided by (used in) operating activities | -675,358 | -327,949 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 722,000 | [2] | 6,402 | [3] |
Net cash provided by (used in) investing activities | 722,000 | 6,402 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 46,642 | -321,547 | ||
Cash and cash equivalents, beginning | 158,143 | 479,690 | ||
Cash and cash equivalents, ending | 204,785 | 158,143 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Twenty One [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | 3,069 | -94,652 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | -79,000 | [5] | 0 | [5] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | -3,000 | ||
Accounts payable and accrued expenses | 5,000 | -10,000 | ||
Accounts payable - affiliates | -20,070 | -7,920 | ||
Net cash provided by (used in) operating activities | -91,001 | -115,572 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 79,000 | [2] | 0 | [3] |
Net cash provided by (used in) investing activities | 79,000 | 0 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -12,001 | -115,572 | ||
Cash and cash equivalents, beginning | 128,750 | 244,322 | ||
Cash and cash equivalents, ending | 116,749 | 128,750 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Twenty Two [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -98,478 | 173,710 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 0 | [6] | -318,670 | [6] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 500 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | -26,305 | -106,926 | ||
Net cash provided by (used in) operating activities | -124,783 | -251,386 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | [2] | 318,670 | [3] |
Net cash provided by (used in) investing activities | 0 | 318,670 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -124,783 | 67,284 | ||
Cash and cash equivalents, beginning | 223,347 | 156,063 | ||
Cash and cash equivalents, ending | 98,564 | 223,347 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Twenty Three [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -125,463 | 7,680 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 0 | [7] | -82,930 | [7] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 71,819 | 50,289 | ||
Net cash provided by (used in) operating activities | -53,644 | -24,961 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | 82,930 | [3] | |
Net cash provided by (used in) investing activities | 0 | 82,930 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -53,644 | 57,969 | ||
Cash and cash equivalents, beginning | 172,186 | 114,217 | ||
Cash and cash equivalents, ending | 118,542 | 172,186 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Twenty Four [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | 1,625,695 | 1,665,868 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | -1,630,062 | [8] | -1,793,701 | [8] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 3,422 | -3,422 | ||
Accounts payable and accrued expenses | 3,000 | -5,000 | ||
Accounts payable - affiliates | -2,468,363 | -199,408 | ||
Net cash provided by (used in) operating activities | -2,466,308 | -335,663 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | -9,999 | ||
Proceeds from disposition of operating limited partnerships | 1,630,062 | [2] | 1,793,701 | [3] |
Net cash provided by (used in) investing activities | 1,630,062 | 1,783,702 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -836,246 | 1,448,039 | ||
Cash and cash equivalents, beginning | 1,726,961 | 278,922 | ||
Cash and cash equivalents, ending | 890,715 | 1,726,961 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Twenty Five [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -59,679 | 3,048,059 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 0 | [9] | -3,096,620 | [9] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 7,726 | -7,726 | ||
Accounts payable and accrued expenses | -978 | -15,244 | ||
Accounts payable - affiliates | 0 | -914,217 | ||
Net cash provided by (used in) operating activities | -52,931 | -985,748 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 618,889 | [2] | 2,477,731 | [3] |
Net cash provided by (used in) investing activities | 618,889 | 2,477,731 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 565,958 | 1,491,983 | ||
Cash and cash equivalents, beginning | 1,984,103 | 492,120 | ||
Cash and cash equivalents, ending | 2,550,061 | 1,984,103 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Twenty Six [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | 2,736,763 | 1,778,373 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | -2,801,657 | [10] | -2,007,273 | [10] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 4,363 | 1,037 | ||
Accounts payable and accrued expenses | -2,500 | 2,359 | ||
Accounts payable - affiliates | -499,347 | -2,061,461 | ||
Net cash provided by (used in) operating activities | -562,378 | -2,286,965 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | -13,197 | ||
Proceeds from disposition of operating limited partnerships | 2,801,657 | [2] | 2,007,273 | [3] |
Net cash provided by (used in) investing activities | 2,801,657 | 1,994,076 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 2,239,279 | -292,889 | ||
Cash and cash equivalents, beginning | 271,051 | 563,940 | ||
Cash and cash equivalents, ending | 2,510,330 | 271,051 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Twenty Seven [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | 2,385,674 | 416,424 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | -2,508,394 | [11] | -582,228 | [11] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 65,391 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 733 | 0 | ||
Accounts payable and accrued expenses | -7,500 | 7,500 | ||
Accounts payable - affiliates | -1,559,279 | -571,566 | ||
Net cash provided by (used in) operating activities | -1,688,766 | -664,479 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 2,508,394 | [2] | 582,228 | [3] |
Net cash provided by (used in) investing activities | 2,508,394 | 582,228 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 819,628 | -82,251 | ||
Cash and cash equivalents, beginning | 230,059 | 312,310 | ||
Cash and cash equivalents, ending | 1,049,687 | 230,059 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Twenty Eight [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | 992,304 | 145,521 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | -939,495 | [12] | -53,550 | [12] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 733 | 0 | ||
Accounts payable and accrued expenses | 7,500 | -5,070 | ||
Accounts payable - affiliates | -870,954 | -83,328 | ||
Net cash provided by (used in) operating activities | -809,912 | 3,573 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 939,495 | [2] | 53,550 | [3] |
Net cash provided by (used in) investing activities | 939,495 | 53,550 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 129,583 | 57,123 | ||
Cash and cash equivalents, beginning | 386,279 | 329,156 | ||
Cash and cash equivalents, ending | 515,862 | 386,279 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Twenty Nine [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | 68,179 | -445,991 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | -344,656 | [13] | 0 | [13] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 75,854 | 281,404 | ||
Net cash provided by (used in) operating activities | -200,623 | -164,587 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 342,694 | [2] | 0 | |
Net cash provided by (used in) investing activities | 342,694 | 0 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 142,071 | -164,587 | ||
Cash and cash equivalents, beginning | 82,084 | 246,671 | ||
Cash and cash equivalents, ending | 224,155 | 82,084 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Thirty [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -170,958 | -99,836 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 0 | [14] | -67,243 | [14] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | -5,700 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 155,148 | 65,063 | ||
Net cash provided by (used in) operating activities | -15,810 | -107,716 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | 72,943 | [3] | |
Net cash provided by (used in) investing activities | 0 | 72,943 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -15,810 | -34,773 | ||
Cash and cash equivalents, beginning | 269,758 | 304,531 | ||
Cash and cash equivalents, ending | 253,948 | 269,758 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Thirty One [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | 337,127 | -173,701 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | -624,556 | [15] | -48,230 | [15] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | 2,257 | 0 | ||
Accounts payable - affiliates | 279,204 | 222,463 | ||
Net cash provided by (used in) operating activities | -5,968 | 532 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 624,556 | [2] | 48,230 | [3] |
Net cash provided by (used in) investing activities | 624,556 | 48,230 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 618,588 | 48,762 | ||
Cash and cash equivalents, beginning | 233,992 | 185,230 | ||
Cash and cash equivalents, ending | 852,580 | 233,992 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Thirty Two [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -196,777 | -250,554 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | -3,428 | [16] | -1,449 | [16] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | -22,577 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 270,411 | 181,115 | ||
Net cash provided by (used in) operating activities | 70,206 | -93,465 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | -100,590 | 0 | ||
Proceeds from disposition of operating limited partnerships | 3,428 | [2] | 1,449 | [3] |
Net cash provided by (used in) investing activities | -97,162 | 1,449 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -26,956 | -92,016 | ||
Cash and cash equivalents, beginning | 337,905 | 429,921 | ||
Cash and cash equivalents, ending | 310,949 | 337,905 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 69,485 | 0 | ||
Series Thirty Three [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -130,088 | -123,940 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 0 | 0 | ||
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 123,408 | 48,408 | ||
Net cash provided by (used in) operating activities | -6,680 | -75,532 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | 0 | ||
Net cash provided by (used in) investing activities | 0 | 0 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -6,680 | -75,532 | ||
Cash and cash equivalents, beginning | 201,600 | 277,132 | ||
Cash and cash equivalents, ending | 194,920 | 201,600 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Thirty Four [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -37,107 | -241,582 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | -176,333 | [17] | 0 | [17] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | 3,000 | 0 | ||
Accounts payable - affiliates | 269,332 | 290,756 | ||
Net cash provided by (used in) operating activities | 58,892 | 49,174 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 176,333 | [2] | 0 | [3] |
Net cash provided by (used in) investing activities | 176,333 | 0 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 235,225 | 49,174 | ||
Cash and cash equivalents, beginning | 63,811 | 14,637 | ||
Cash and cash equivalents, ending | 299,036 | 63,811 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Thirty Five [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -25,674 | -229,818 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 0 | [18] | -10,700 | [18] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | -41,800 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 202,082 | 213,030 | ||
Net cash provided by (used in) operating activities | 176,408 | -69,288 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | 52,500 | [3] | |
Net cash provided by (used in) investing activities | 0 | 52,500 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 176,408 | -16,788 | ||
Cash and cash equivalents, beginning | 101,782 | 118,570 | ||
Cash and cash equivalents, ending | 278,190 | 101,782 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Thirty Six [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -121,517 | 1,171,987 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 0 | [19] | -1,242,272 | [19] |
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | 0 | 131,000 | ||
Accounts payable - affiliates | -867,520 | -25,551 | ||
Net cash provided by (used in) operating activities | -989,037 | 35,164 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | 1,242,272 | [3] | |
Net cash provided by (used in) investing activities | 0 | 1,242,272 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -989,037 | 1,277,436 | ||
Cash and cash equivalents, beginning | 1,437,216 | 159,780 | ||
Cash and cash equivalents, ending | 448,179 | 1,437,216 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Thirty Seven [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -187,483 | -195,816 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 0 | 0 | ||
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 0 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 204,864 | 104,864 | ||
Net cash provided by (used in) operating activities | 17,381 | -90,952 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | 0 | ||
Net cash provided by (used in) investing activities | 0 | 0 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 17,381 | -90,952 | ||
Cash and cash equivalents, beginning | 287,786 | 378,738 | ||
Cash and cash equivalents, ending | 305,167 | 287,786 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Thirty Eight [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -103,034 | -143,068 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 0 | 24,773 | ||
Impairment loss | 0 | 0 | ||
Distributions received from operating limited partnerships | 0 | 5,260 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 164,400 | 64,400 | ||
Net cash provided by (used in) operating activities | 61,366 | -48,635 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | 0 | ||
Net cash provided by (used in) investing activities | 0 | 0 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 61,366 | -48,635 | ||
Cash and cash equivalents, beginning | 175,521 | 224,156 | ||
Cash and cash equivalents, ending | 236,887 | 175,521 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Thirty Nine [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -135,596 | -254,218 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 0 | 88,925 | ||
Impairment loss | 0 | 31,426 | ||
Distributions received from operating limited partnerships | 0 | 7,601 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 136,800 | 86,800 | ||
Net cash provided by (used in) operating activities | 1,204 | -39,466 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | 0 | ||
Net cash provided by (used in) investing activities | 0 | 0 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 1,204 | -39,466 | ||
Cash and cash equivalents, beginning | 142,890 | 182,356 | ||
Cash and cash equivalents, ending | 144,094 | 142,890 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Forty [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -207,935 | -506,558 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 0 | 145,154 | ||
Impairment loss | 0 | 159,516 | ||
Distributions received from operating limited partnerships | 0 | 2,650 | ||
Amortization | 0 | 0 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 212,501 | 209,632 | ||
Net cash provided by (used in) operating activities | 4,566 | 10,394 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | 0 | ||
Net cash provided by (used in) investing activities | 0 | 0 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 4,566 | 10,394 | ||
Cash and cash equivalents, beginning | 92,145 | 81,751 | ||
Cash and cash equivalents, ending | 96,711 | 92,145 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Forty One [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -165,403 | -1,379,525 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | -52,000 | [20] | 314,199 | [20] |
Impairment loss | 0 | 686,802 | ||
Distributions received from operating limited partnerships | 0 | 4,901 | ||
Amortization | 0 | 113,304 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 185,732 | 213,068 | ||
Net cash provided by (used in) operating activities | -31,671 | -47,251 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 52,000 | [2] | 0 | |
Net cash provided by (used in) investing activities | 52,000 | 0 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 20,329 | -47,251 | ||
Cash and cash equivalents, beginning | 147,099 | 194,350 | ||
Cash and cash equivalents, ending | 167,428 | 147,099 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Forty Two [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -578,220 | -1,816,283 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 102,342 | 378,764 | ||
Impairment loss | 212,553 | 1,141,092 | ||
Distributions received from operating limited partnerships | 2,505 | 46,454 | ||
Amortization | 69,160 | 69,160 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 198,700 | 99,240 | ||
Net cash provided by (used in) operating activities | 7,040 | -81,573 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | 0 | ||
Net cash provided by (used in) investing activities | 0 | 0 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 7,040 | -81,573 | ||
Cash and cash equivalents, beginning | 259,722 | 341,295 | ||
Cash and cash equivalents, ending | 266,762 | 259,722 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Forty Three [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -1,582,420 | -2,884,319 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 280,816 | 364,989 | ||
Impairment loss | 972,475 | 2,181,276 | ||
Distributions received from operating limited partnerships | 48,527 | 47,654 | ||
Amortization | 66,792 | 66,792 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | -12,240 | -39,885 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 306,780 | 281,780 | ||
Net cash provided by (used in) operating activities | 80,730 | 18,287 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | -21,847 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | 0 | ||
Net cash provided by (used in) investing activities | -21,847 | 0 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 58,883 | 18,287 | ||
Cash and cash equivalents, beginning | 244,501 | 226,214 | ||
Cash and cash equivalents, ending | 303,384 | 244,501 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Forty Four [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -2,529,532 | -1,930,330 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 270,876 | 340,390 | ||
Impairment loss | 1,696,224 | 981,206 | ||
Distributions received from operating limited partnerships | 0 | 12,037 | ||
Amortization | 282,800 | 282,800 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | -40,394 | -48,759 | ||
Accounts payable and accrued expenses | -21,551 | 21,551 | ||
Accounts payable - affiliates | 289,848 | 259,700 | ||
Net cash provided by (used in) operating activities | -51,729 | -81,405 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | -251,962 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | [2] | 0 | |
Net cash provided by (used in) investing activities | -251,962 | 0 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -303,691 | -81,405 | ||
Cash and cash equivalents, beginning | 342,053 | 423,458 | ||
Cash and cash equivalents, ending | 38,362 | 342,053 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 902 | 1,776 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Forty Five [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -3,485,593 | -3,626,224 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 665,720 | [21] | 748,455 | [21] |
Impairment loss | 2,293,749 | 2,475,746 | ||
Distributions received from operating limited partnerships | 41,988 | 50,617 | ||
Amortization | 17,816 | 17,816 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | 0 | ||
Accounts payable and accrued expenses | -5,000 | 5,000 | ||
Accounts payable - affiliates | 321,606 | 140,862 | ||
Net cash provided by (used in) operating activities | -149,714 | -187,728 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 1,044 | [2] | 442 | [3] |
Net cash provided by (used in) investing activities | 1,044 | 442 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | -148,670 | -187,286 | ||
Cash and cash equivalents, beginning | 274,823 | 462,109 | ||
Cash and cash equivalents, ending | 126,153 | 274,823 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | 0 | 0 | ||
Series Forty Six [Member] | ' | ' | ||
Cash flows from operating activities | ' | ' | ||
Net income (loss) | -3,125,208 | -3,165,494 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ' | ' | ||
Share of (income) losses from operating limited partnerships | 917,882 | 585,312 | ||
Impairment loss | 1,941,274 | 2,275,324 | ||
Distributions received from operating limited partnerships | 20,617 | 16,093 | ||
Amortization | 10,101 | 18,544 | ||
Changes in assets and liabilities | ' | ' | ||
Other assets | 0 | -3,788 | ||
Accounts payable and accrued expenses | 0 | 0 | ||
Accounts payable - affiliates | 249,528 | 149,528 | ||
Net cash provided by (used in) operating activities | 14,194 | -124,481 | ||
Cash flows from investing activities | ' | ' | ||
Capital contributions paid to operating limited partnerships | 0 | 0 | ||
Proceeds from disposition of operating limited partnerships | 0 | 0 | ||
Net cash provided by (used in) investing activities | 0 | 0 | ||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 14,194 | -124,481 | ||
Cash and cash equivalents, beginning | 180,660 | 305,141 | ||
Cash and cash equivalents, ending | 194,854 | 180,660 | ||
Supplemental schedule of noncash investing and financing activities | ' | ' | ||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated. | 0 | 0 | ||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships. | $0 | $0 | ||
[1] | Includes $9,882,625 and $9,359,210, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[2] | Fund proceeds from disposition include $618,889 recorded as a receivable as of March 31, 2013, for Series 25. Proceeds from disposition does not include $1,962 which was due to a writeoff of capital contribution payable for Series 29. | |||
[3] | Fund proceeds from disposition does not include $618,889 recorded as a receivable as of March 31, 2013 for Series 25. | |||
[4] | Includes $722,000 and $6,402, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[5] | Includes $79,000 and $-, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[6] | Includes $- and $318,670, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[7] | Includes $- and $82,930, respectively, in 2014 and 2013 from gain/(loss)on disposal of operating limited partnership. | |||
[8] | Includes $1,630,062 and $1,793,701, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[9] | Includes $- and $3,096,620, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[10] | Includes $2,801,657 and $2,007,273, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[11] | Includes $2,508,394 and $582,228, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[12] | Includes $939,495 and $53,550, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[13] | Includes $344,656 and $-, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[14] | Includes $- and $72,943, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[15] | Includes $624,556 and $48,230, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[16] | Includes $3,428 and $1,449, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[17] | Includes $176,333 and $-, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[18] | Includes $- and $52,500, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[19] | Includes $- and $1,242,272, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[20] | Includes $52,000 and $-, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. | |||
[21] | Includes $1,044 and $442, respectively, in 2014 and 2013 from gain/(loss) on disposal of operating limited partnership. |
ORGANIZATION_AND_SUMMARY_OF_SI
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 12 Months Ended | ||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||
Accounting Policies [Abstract] | ' | ||||||||||||||||
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block] | ' | ||||||||||||||||
NOTE A - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |||||||||||||||||
Boston Capital Tax Credit Fund IV L.P. (the Partnership or 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 limited partnerships which acquire, develop, rehabilitate, operate and own newly-constructed, existing or rehabilitated apartment complexes which qualify for the Low-Income Housing Tax Credit established by the Tax Reform Act of 1986. Accordingly, the apartment complexes are restricted as to rent charges and operating methods. Certain of the apartment complexes may also qualify for the Historic Rehabilitation Tax Credit for their rehabilitation of certified historic structures and are subject to the provisions of the Internal Revenue Code relating to the Rehabilitation Investment Credit. The general partner of the fund is Boston Capital Associates IV L.P. and the limited partner is BCTC IV Assignor Corp. (the assignor limited partner). | |||||||||||||||||
In accordance with the limited partnership agreement, profits, losses, and cash flow (subject to certain priority allocations and distributions) and tax credits are allocated 99% to the assignees and 1% to the general partner. | |||||||||||||||||
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 beneficial assignee certificates (BACs) representing assignments of units of the beneficial interest of the limited partnership interest of the assignor limited partner. The fund has registered 101,500,000 BACs at $10 per BAC for sale to the public in one or more series. BACs sold in bulk are offered to investors at a reduced cost per BAC. | |||||||||||||||||
The BACs issued and outstanding in each series as of March 31, 2014 and 2013 are as follows: | |||||||||||||||||
Issued | Outstanding | ||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
Series 20 | 3,866,700 | 3,866,700 | 3,864,700 | 3,865,700 | |||||||||||||
Series 21 | 1,892,700 | 1,892,700 | 1,888,200 | 1,890,700 | |||||||||||||
Series 22 | 2,564,400 | 2,564,400 | 2,561,400 | 2,564,400 | |||||||||||||
Series 23 | 3,336,727 | 3,336,727 | 3,336,227 | 3,336,727 | |||||||||||||
Series 24 | 2,169,878 | 2,169,878 | 2,168,878 | 2,169,878 | |||||||||||||
Series 25 | 3,026,109 | 3,026,109 | 3,025,609 | 3,025,609 | |||||||||||||
Series 26 | 3,995,900 | 3,995,900 | 3,995,200 | 3,995,200 | |||||||||||||
Series 27 | 2,460,700 | 2,460,700 | 2,460,700 | 2,460,700 | |||||||||||||
Series 28 | 4,000,738 | 4,000,738 | 3,999,738 | 4,000,238 | |||||||||||||
Series 29 | 3,991,800 | 3,991,800 | 3,991,300 | 3,991,800 | |||||||||||||
Series 30 | 2,651,000 | 2,651,000 | 2,651,000 | 2,651,000 | |||||||||||||
Series 31 | 4,417,857 | 4,417,857 | 4,415,757 | 4,417,857 | |||||||||||||
Series 32 | 4,754,198 | 4,754,198 | 4,751,198 | 4,753,698 | |||||||||||||
Series 33 | 2,636,533 | 2,636,533 | 2,635,533 | 2,635,533 | |||||||||||||
Series 34 | 3,529,319 | 3,529,319 | 3,528,319 | 3,529,319 | |||||||||||||
Series 35 | 3,300,463 | 3,300,463 | 3,298,763 | 3,300,463 | |||||||||||||
Series 36 | 2,106,838 | 2,106,838 | 2,104,504 | 2,106,838 | |||||||||||||
Series 37 | 2,512,500 | 2,512,500 | 2,512,500 | 2,512,500 | |||||||||||||
Series 38 | 2,543,100 | 2,543,100 | 2,543,100 | 2,543,100 | |||||||||||||
Series 39 | 2,292,151 | 2,292,151 | 2,292,151 | 2,292,151 | |||||||||||||
Series 40 | 2,630,256 | 2,630,256 | 2,630,256 | 2,630,256 | |||||||||||||
Series 41 | 2,891,626 | 2,891,626 | 2,891,626 | 2,891,626 | |||||||||||||
Series 42 | 2,744,262 | 2,744,262 | 2,744,262 | 2,744,262 | |||||||||||||
Series 43 | 3,637,987 | 3,637,987 | 3,637,987 | 3,637,987 | |||||||||||||
Series 44 | 2,701,973 | 2,701,973 | 2,701,973 | 2,701,973 | |||||||||||||
Series 45 | 4,014,367 | 4,014,367 | 4,014,367 | 4,014,367 | |||||||||||||
Series 46 | 2,980,998 | 2,980,998 | 2,980,998 | 2,980,998 | |||||||||||||
83,651,080 | 83,651,080 | 83,626,246 | 83,644,880 | ||||||||||||||
Investments in Operating Limited Partnerships | |||||||||||||||||
The Fund accounts for its investments in operating limited partnerships using the equity method, whereby the Fund adjusts its investment cost for its share of each operating limited partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes the individual operating limited partnership’s losses only to the extent that the Fund’s share of losses from the operating limited partnerships does not exceed the carrying amount of its investment and its advances to operating limited partnerships. Unrecognized losses are suspended and offset against future individual operating limited partnership income. | |||||||||||||||||
After the investment account is reduced to zero, receivables due from the operating limited partnerships are decreased by the partnership’s share of losses and, accordingly, a valuation allowance is recorded against the receivables. Accordingly, the Fund recorded a valuation allowance of $571,985 and $571,905 as of March 31, 2014 and 2013, respectively. | |||||||||||||||||
The Fund reviews its investment in operating limited partnerships for impairment whenever events or changes in circumstances indicate that the carrying amount of such investments may not be recoverable. Recoverability is measured by a comparison of the carrying amount of the investment to the sum of the total amount of the remaining tax credits and the estimated residual value of the investment. The Fund also evaluates its intangibles for impairment in connection with its investments in operating limited partnerships. Impairment losses have been recognized for the years ended March 31, 2014 and 2013 of $7,116,275 and $9,932,388, respectively. | |||||||||||||||||
Capital contributions to operating limited partnerships are adjusted by tax credit adjusters. Tax credit adjusters are defined as adjustments to operating limited partnership capital contributions due to reductions in actual tax credits from those originally projected. The Fund records tax credit adjusters as a reduction in investments in operating limited partnerships and capital contributions payable. | |||||||||||||||||
The operating limited partnerships maintain their financial statements based on a calendar year and the fund utilizes a March 31 year end. The Fund records losses and income from the operating limited partnerships on a calendar year basis which is not materially different from losses and income generated if the operating limited partnerships utilized a March 31 year end. | |||||||||||||||||
The Fund records capital contributions payable to the operating limited partnerships once there is a binding obligation to fund a specified amount. The operating limited partnerships record capital contributions from the fund when received. | |||||||||||||||||
  | |||||||||||||||||
Prior to January 1, 1999, the Fund recorded acquisition costs as an increase in its investments in operating limited partnerships. These costs were amortized by the operating limited partnerships over 27.5 years on the straight-line method. Certain operating limited partnerships have not recorded the acquisition costs as a capital contribution from the fund. These differences are shown as reconciling items in note C. As of January 1, 1999, the Fund records acquisition costs incurred after January 1, 1999 as deferred acquisition costs. These costs are amortized on the straight-line method. | |||||||||||||||||
In accordance with the accounting guidance for the consolidation of variable interest entities, the Fund determines when it should include the assets, liabilities, and activities of a variable interest entity (VIE) in its financial statements, and when it should disclose information about its relationship with a VIE. A VIE is a legal structure used to conduct activities or hold assets, which must be consolidated by a company if it is the primary beneficiary because it has (1) the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance and (2) the obligation to absorb losses or receive benefits that could potentially be significant to the VIE. If multiple unrelated parties share such power, as defined, no party is required to consolidate the VIE. | |||||||||||||||||
The Fund determines whether an entity is a VIE and whether it is the primary beneficiary at the date of initial involvement with the entity. The Fund reassesses whether it is the primary beneficiary of a VIE on an ongoing basis based on changes in facts and circumstances. In determining whether it is the primary beneficiary, the Partnership considers the purpose and activities of the VIE, including the variability and related risks the VIE incurs and transfers to other entities and their related parties. These factors are considered in determining whether the Fund has the power to direct activities of the VIE that most significantly impact the VIE’s economic performance and whether the Fund also has the obligation to absorb losses of or receive benefits from the VIE that could be potentially significant to the VIE. If the Fund determines that it is the primary beneficiary of the VIE, the VIE is consolidated within the Partnership’s financial statements. | |||||||||||||||||
Based on this guidance, the operating limited partnerships in which the Fund invests meet the definition of a VIE. However, management does not consolidate the Fund’s interests in these VIEs under this guidance, as it is not considered to be the primary beneficiary. The Fund currently records the amount of its investment in these operating limited partnerships as an asset on its balance sheets, recognizes its share of the operating limited partnership income or losses in the statements of operations, and discloses how it accounts for material types of these investments in its financial statements. The Fund’s balance in investment in operating limited partnerships, advances to operating limited partnerships, plus the risk of recapture of tax credits previously recognized on these investments, represents its maximum exposure to loss. The Fund’s exposure to loss on these operating limited partnerships is mitigated by the condition and financial performance of the underlying properties as well as the strength of the operating limited partnerships' general partners and their guarantee against credit recapture. | |||||||||||||||||
Deferred Acquisition Costs | |||||||||||||||||
Acquisition costs were amortized on the straight-line method over 27.5 years. As of March 31, 2014 and 2013, an impairment loss of $1,139,623 and $147,078, respectively, was recorded and the lives of the remaining acquisition costs were reassessed. | |||||||||||||||||
Accumulated amortization as of March 31, 2014 and 2013, as well as the March 31, 2014 and 2013 impairments and the remaining lives are as follows: | |||||||||||||||||
Accumulated | Accumulated | Acquisition Costs | Acquisition Costs | Remaining Life | |||||||||||||
Amortization | Amortization | Impairment | Impairment | Acquistion Costs | |||||||||||||
2014 | 2013 | 2014 | 2013 | Years | |||||||||||||
Series 20 | $ | - | $ | - | $ | - | $ | - | - | ||||||||
Series 21 | - | - | - | - | - | ||||||||||||
Series 22 | - | - | - | - | - | ||||||||||||
Series 23 | - | - | - | - | - | ||||||||||||
Series 24 | - | - | - | - | - | ||||||||||||
Series 25 | - | - | - | - | - | ||||||||||||
Series 26 | - | - | - | - | - | ||||||||||||
Series 27 | - | 261,567 | - | - | - | ||||||||||||
Series 28 | - | - | - | - | - | ||||||||||||
Series 29 | - | - | - | - | - | ||||||||||||
Series 30 | - | - | - | - | - | ||||||||||||
Series 31 | - | - | - | - | - | ||||||||||||
Series 32 | - | - | - | - | - | ||||||||||||
Series 33 | - | - | - | - | - | ||||||||||||
Series 34 | - | - | - | - | - | ||||||||||||
Series 35 | - | - | - | - | - | ||||||||||||
Series 36 | - | - | - | - | - | ||||||||||||
Series 37 | - | - | - | - | - | ||||||||||||
Series 38 | - | - | - | - | - | ||||||||||||
Series 39 | - | - | - | - | - | ||||||||||||
Series 40 | - | - | - | - | - | ||||||||||||
Series 41 | - | - | - | 113,304 | - | ||||||||||||
Series 42 | - | 69,160 | 207,482 | - | - | ||||||||||||
Series 43 | 133,584 | 66,792 | - | - | 3 | ||||||||||||
Series 44 | - | 1,131,199 | 848,390 | - | - | ||||||||||||
Series 45 | - | 17,816 | 53,446 | - | - | ||||||||||||
Series 46 | - | - | 30,305 | 33,774 | - | ||||||||||||
$ | 133,584 | $ | 1,546,534 | $ | 1,139,623 | $ | 147,078 | ||||||||||
The annual amortization for deferred acquisition costs for the years 2015, 2016 and 2017 are estimated to be $66,792. | |||||||||||||||||
  | |||||||||||||||||
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 funds’s federal tax status as a pass-through entity is based on its legal status as a partnership. Accordingly, the Fund is not required to take any tax positions in order to qualify as a pass-through entity. The Fund is required to file and does file tax returns with the Internal Revenue Service and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Fund has no other tax positions which must be considered for disclosure. Income tax returns filed by the Fund are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2010 remain open. | |||||||||||||||||
Cash and Cash Equivalents | |||||||||||||||||
Cash equivalents include money market accounts having original maturities at date of acquisition of three months or less. The carrying value approximates fair value because of the short maturity of these instruments. | |||||||||||||||||
Fiscal Year | |||||||||||||||||
For financial reporting purposes, the fund uses a March 31 year end, whereas for income tax reporting purposes, the fund uses a calendar year. The operating limited partnerships use a calendar year for both financial and income tax reporting. | |||||||||||||||||
Net Loss Per Beneficial Assignee Certificate Unit | |||||||||||||||||
Net loss per beneficial assignee certificate unit is calculated based upon the weighted average number of units outstanding during the year or period. The weighted average number of units in each series at March 31, 2014 and 2013 are as follows: | |||||||||||||||||
2014 | 2013 | ||||||||||||||||
Series 20 | 3,865,450 | 3,865,700 | |||||||||||||||
Series 21 | 1,890,075 | 1,890,700 | |||||||||||||||
Series 22 | 2,563,650 | 2,564,400 | |||||||||||||||
Series 23 | 3,336,602 | 3,336,727 | |||||||||||||||
Series 24 | 2,169,628 | 2,169,878 | |||||||||||||||
Series 25 | 3,025,609 | 3,025,609 | |||||||||||||||
Series 26 | 3,995,200 | 3,995,667 | |||||||||||||||
Series 27 | 2,460,700 | 2,460,700 | |||||||||||||||
Series 28 | 4,000,113 | 4,000,238 | |||||||||||||||
Series 29 | 3,991,675 | 3,991,800 | |||||||||||||||
Series 30 | 2,651,000 | 2,651,000 | |||||||||||||||
Series 31 | 4,417,332 | 4,417,857 | |||||||||||||||
Series 32 | 4,753,240 | 4,753,698 | |||||||||||||||
Series 33 | 2,635,533 | 2,636,200 | |||||||||||||||
Series 34 | 3,529,069 | 3,529,319 | |||||||||||||||
Series 35 | 3,300,038 | 3,300,463 | |||||||||||||||
Series 36 | 2,106,255 | 2,106,838 | |||||||||||||||
Series 37 | 2,512,500 | 2,512,500 | |||||||||||||||
Series 38 | 2,543,100 | 2,543,100 | |||||||||||||||
Series 39 | 2,292,151 | 2,292,151 | |||||||||||||||
Series 40 | 2,630,256 | 2,630,256 | |||||||||||||||
Series 41 | 2,891,626 | 2,891,626 | |||||||||||||||
Series 42 | 2,744,262 | 2,744,262 | |||||||||||||||
Series 43 | 3,637,987 | 3,637,987 | |||||||||||||||
Series 44 | 2,701,973 | 2,701,973 | |||||||||||||||
Series 45 | 4,014,367 | 4,014,367 | |||||||||||||||
Series 46 | 2,980,998 | 2,980,998 | |||||||||||||||
83,640,389 | 83,646,014 | ||||||||||||||||
  | |||||||||||||||||
Use of Estimates | |||||||||||||||||
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. | |||||||||||||||||
RELATED_PARTY_TRANSACTIONS
RELATED PARTY TRANSACTIONS | 12 Months Ended | ||||||||||
Mar. 31, 2014 | |||||||||||
Related Party Transactions [Abstract] | ' | ||||||||||
Related Party Transactions Disclosure [Text Block] | ' | ||||||||||
NOTE B - RELATED PARTY TRANSACTIONS | |||||||||||
During the years ended March 31, 2014 and 2013, the Fund entered into several transactions with various affiliates of the general partner, including Boston Capital Partners, Inc. (BCP), Boston Capital Services, Inc. (BCS), Boston Capital Holdings Limited Partnership (BCHLP) and Boston Capital Asset Management Limited Partnership (BCAM), as follows: | |||||||||||
The Fund incurred a fund management fee to Boston Capital Asset Management Limited Partnership in an amount equal to .5 percent of the aggregate cost of the apartment complexes owned by the Operating Partnerships, less the amount of various asset management and reporting fees paid by the Operating Partnerships. The fund management fees net of reporting fees incurred and the reporting fees paid by the Operating Partnerships for the years ended March 31, 2014 and 2013, are as follows: | |||||||||||
2014 | |||||||||||
Gross Fund | Asset Management | Fund Management Fee net | |||||||||
Management Fee | and Reporting Fee | of Asset Management and | |||||||||
Reporting Fee | |||||||||||
Series 20 | $ | 88,653 | $ | 11,304 | $ | 77,349 | |||||
Series 21 | 58,930 | 3,676 | 55,254 | ||||||||
Series 22 | 64,070 | 5,000 | 59,070 | ||||||||
Series 23 | 90,719 | 6,500 | 84,219 | ||||||||
Series 24 | 91,732 | 111,298 | -19,566 | ||||||||
Series 25 | 47,508 | 9,612 | 37,896 | ||||||||
Series 26 | 208,009 | 187,315 | 20,694 | ||||||||
Series 27 | 204,780 | 78,159 | 126,621 | ||||||||
Series 28 | 277,316 | 120,474 | 156,842 | ||||||||
Series 29 | 307,485 | 59,597 | 247,888 | ||||||||
Series 30 | 155,148 | 19,861 | 135,287 | ||||||||
Series 31 | 329,204 | 62,574 | 266,630 | ||||||||
Series 32 | 271,860 | 61,166 | 210,694 | ||||||||
Series 33 | 123,408 | 16,389 | 107,019 | ||||||||
Series 34 | 256,596 | 17,321 | 239,275 | ||||||||
Series 35 | 202,082 | 52,603 | 149,479 | ||||||||
Series 36 | 132,480 | 19,023 | 113,457 | ||||||||
Series 37 | 204,864 | 20,389 | 184,475 | ||||||||
Series 38 | 164,400 | 22,599 | 141,801 | ||||||||
Series 39 | 136,800 | 17,748 | 119,052 | ||||||||
Series 40 | 200,016 | 21,590 | 178,426 | ||||||||
Series 41 | 237,732 | 38,056 | 199,676 | ||||||||
Series 42 | 248,700 | 63,265 | 185,435 | ||||||||
Series 43 | 306,780 | 60,352 | 246,428 | ||||||||
Series 44 | 277,353 | 52,403 | 224,950 | ||||||||
Series 45 | 363,051 | 54,934 | 308,117 | ||||||||
Series 46 | 249,528 | 36,531 | 212,997 | ||||||||
$ | 5,299,204 | $ | 1,229,739 | $ | 4,069,465 | ||||||
  | |||||||||||
2013 | |||||||||||
Gross Fund | Asset Management | Fund Management Fee | |||||||||
Management Fee | and Reporting Fee | net of Asset | |||||||||
Management and | |||||||||||
Reporting Fee | |||||||||||
Series 20 | $ | 105,990 | $ | 10,885 | $ | 95,105 | |||||
Series 21 | 67,080 | 3,051 | 64,029 | ||||||||
Series 22 | 121,368 | 16,887 | 104,481 | ||||||||
Series 23 | 113,039 | 14,625 | 98,414 | ||||||||
Series 24 | 122,334 | 17,490 | 104,844 | ||||||||
Series 25 | 76,550 | 44,517 | 32,033 | ||||||||
Series 26 | 286,205 | 80,405 | 205,800 | ||||||||
Series 27 | 229,434 | 103,260 | 126,174 | ||||||||
Series 28 | 298,447 | 141,421 | 157,026 | ||||||||
Series 29 | 331,404 | 59,017 | 272,387 | ||||||||
Series 30 | 163,063 | 33,471 | 129,592 | ||||||||
Series 31 | 345,693 | 164,357 | 181,336 | ||||||||
Series 32 | 281,115 | 53,540 | 227,575 | ||||||||
Series 33 | 123,408 | 16,389 | 107,019 | ||||||||
Series 34 | 274,896 | 16,654 | 258,242 | ||||||||
Series 35 | 213,030 | 20,385 | 192,645 | ||||||||
Series 36 | 154,061 | 100,251 | 53,810 | ||||||||
Series 37 | 204,864 | 18,518 | 186,346 | ||||||||
Series 38 | 164,400 | 31,044 | 133,356 | ||||||||
Series 39 | 136,800 | 23,923 | 112,877 | ||||||||
Series 40 | 200,016 | 24,394 | 175,622 | ||||||||
Series 41 | 238,068 | 22,075 | 215,993 | ||||||||
Series 42 | 249,240 | 40,195 | 209,045 | ||||||||
Series 43 | 306,780 | 38,157 | 268,623 | ||||||||
Series 44 | 284,700 | 22,930 | 261,770 | ||||||||
Series 45 | 365,862 | 47,088 | 318,774 | ||||||||
Series 46 | 249,528 | 19,442 | 230,086 | ||||||||
$ | 5,707,375 | $ | 1,184,371 | $ | 4,523,004 | ||||||
All fund management fees will be paid, without interest, from available cash flow or the proceeds of sales or refinancing of the partnership's interests in operating limited partnerships. As of March 31, 2014 and 2013, total fund management fees accrued were $48,671,049 and $51,851,332, respectively. | |||||||||||
The fund management fees paid for the years ended March 31, 2014 and 2013, are as follows: | |||||||||||
2014 | 2013 | ||||||||||
Series 20 | $ | 628,402 | $ | 288,000 | |||||||
Series 21 | 79,000 | 75,000 | |||||||||
Series 22 | 90,375 | 228,294 | |||||||||
Series 23 | 18,900 | 62,750 | |||||||||
Series 24 | 2,560,095 | 321,742 | |||||||||
Series 25 | 47,508 | 990,767 | |||||||||
Series 26 | 707,356 | 2,347,666 | |||||||||
Series 27 | 1,764,059 | 801,000 | |||||||||
Series 28 | 1,148,270 | 381,775 | |||||||||
Series 29 | 231,631 | 50,000 | |||||||||
Series 30 | - | 98,000 | |||||||||
Series 31 | 50,000 | 123,230 | |||||||||
Series 32 | 1,449 | 100,000 | |||||||||
Series 33 | - | 75,000 | |||||||||
Series 34 | - | - | |||||||||
Series 35 | - | - | |||||||||
Series 36 | 1,000,000 | 50,000 | |||||||||
Series 37 | - | 100,000 | |||||||||
Series 38 | - | 100,000 | |||||||||
Series 39 | - | 50,000 | |||||||||
Series 40 | - | - | |||||||||
Series 41 | 52,000 | 25,000 | |||||||||
Series 42 | 50,000 | 150,000 | |||||||||
Series 43 | - | 25,000 | |||||||||
Series 44 | - | 25,000 | |||||||||
Series 45 | 50,442 | 225,000 | |||||||||
Series 46 | - | 100,000 | |||||||||
$ | 8,479,487 | $ | 6,793,224 | ||||||||
An affiliate of the general partner of the Fund has advanced funds to pay some operating expenses of the fund, and to make advances and/or loans to operating limited partnerships. These advances are included in accounts payable to affiliates. The total advances as of March 31, 2014 and 2013, are as follows: | |||||||||||
2014 | 2013 | ||||||||||
Series 20 | $ | - | $ | - | |||||||
Series 21 | - | - | |||||||||
Series 22 | - | - | |||||||||
Series 23 | - | - | |||||||||
Series 24 | - | - | |||||||||
Series 25 | - | - | |||||||||
Series 26 | - | - | |||||||||
Series 27 | - | - | |||||||||
Series 28 | - | - | |||||||||
Series 29 | - | - | |||||||||
Series 30 | - | - | |||||||||
Series 31 | - | - | |||||||||
Series 32 | - | - | |||||||||
Series 33 | 54,660 | 54,660 | |||||||||
Series 34 | 133,578 | 120,842 | |||||||||
Series 35 | - | - | |||||||||
Series 36 | - | - | |||||||||
Series 37 | - | - | |||||||||
Series 38 | - | - | |||||||||
Series 39 | 220,455 | 220,455 | |||||||||
Series 40 | 359,629 | 347,144 | |||||||||
Series 41 | 359,757 | 359,757 | |||||||||
Series 42 | 221,615 | 221,615 | |||||||||
Series 43 | - | - | |||||||||
Series 44 | 12,495 | - | |||||||||
Series 45 | 8,997 | - | |||||||||
Series 46 | - | - | |||||||||
$ | 1,371,186 | $ | 1,324,473 | ||||||||
During the year ended March 31, 2014, $12,736, $12,485, $12,495 and $8,997, for Series 34, Series 40, Series 44 and Series 45, respectively, was advanced to the Fund by an affiliate of the general partner. During the year ended March 31, 2013, $15,860 and $9,616, for Series 34 and Series 40, respectively, was advanced to the Fund by an affiliate of the general partner. During the year ended March 31, 2013, $129,612 for Series 36 was paid by the Fund to an affiliate of the general partner. All payables to affiliates will be paid, without interest, from available cash flow or the proceeds of sales or refinancing of the Fund's interests in Operating Partnerships. | |||||||||||
During the years ended March 31, 2014 and 2013, general and administrative expenses incurred by Boston Capital Partners, Inc., Boston Capital Holdings Limited Partnership and/or Boston Capital Asset Management Limited Partnership were charged to each series’ operations as follows: | |||||||||||
2014 | 2013 | ||||||||||
Series 20 | $ | 13,320 | $ | 17,507 | |||||||
Series 21 | 10,180 | 13,730 | |||||||||
Series 22 | 11,792 | 16,241 | |||||||||
Series 23 | 13,081 | 17,016 | |||||||||
Series 24 | 11,458 | 15,169 | |||||||||
Series 25 | 12,154 | 15,813 | |||||||||
Series 26 | 16,057 | 20,672 | |||||||||
Series 27 | 11,979 | 15,320 | |||||||||
Series 28 | 14,353 | 18,266 | |||||||||
Series 29 | 14,663 | 18,633 | |||||||||
Series 30 | 12,284 | 15,721 | |||||||||
Series 31 | 15,196 | 19,021 | |||||||||
Series 32 | 14,268 | 18,156 | |||||||||
Series 33 | 11,031 | 14,425 | |||||||||
Series 34 | 12,736 | 16,326 | |||||||||
Series 35 | 12,216 | 15,766 | |||||||||
Series 36 | 10,822 | 14,157 | |||||||||
Series 37 | 10,690 | 14,016 | |||||||||
Series 38 | 11,184 | 14,561 | |||||||||
Series 39 | 10,889 | 13,938 | |||||||||
Series 40 | 12,485 | 15,451 | |||||||||
Series 41 | 14,228 | 17,001 | |||||||||
Series 42 | 16,252 | 17,940 | |||||||||
Series 43 | 15,570 | 18,219 | |||||||||
Series 44 | 12,495 | 15,173 | |||||||||
Series 45 | 17,433 | 20,278 | |||||||||
Series 46 | 13,750 | 17,065 | |||||||||
$ | 352,566 | $ | 445,581 | ||||||||
Accounts payable - affiliates at March 31, 2014 and 2013 represents general and administrative expenses, fund management fees, and commissions which are payable to Boston Capital Partners, Inc., Boston Capital Holdings Limited Partnership, Boston Capital Services, Inc., and Boston Capital Asset Management Limited Partnership. | |||||||||||
INVESTMENTS_IN_OPERATING_LIMIT
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | 12 Months Ended | |||||||||||||
Mar. 31, 2014 | ||||||||||||||
Investments In Operating Partnerships [Abstract] | ' | |||||||||||||
Equity Method Investments Disclosure [Text Block] | ' | |||||||||||||
NOTE C - INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS | ||||||||||||||
At March 31, 2014 and 2013, the fund has limited partnership interests in operating limited partnerships, which own or are constructing or rehabilitating operating apartment complexes. The number of operating limited partnerships in which the fund has limited partnership interests at March 31, 2014 and 2013 by series are as follows: | ||||||||||||||
2014 | 2013 | |||||||||||||
Series 20 | 8 | 11 | ||||||||||||
Series 21 | 4 | 5 | ||||||||||||
Series 22 | 8 | 10 | ||||||||||||
Series 23 | 11 | 11 | ||||||||||||
Series 24 | 7 | 13 | ||||||||||||
Series 25 | 6 | 7 | ||||||||||||
Series 26 | 24 | 31 | ||||||||||||
Series 27 | 10 | 13 | ||||||||||||
Series 28 | 19 | 20 | ||||||||||||
Series 29 | 17 | 21 | ||||||||||||
Series 30 | 16 | 16 | ||||||||||||
Series 31 | 22 | 25 | ||||||||||||
Series 32 | 14 | 15 | ||||||||||||
Series 33 | 8 | 8 | ||||||||||||
Series 34 | 12 | 13 | ||||||||||||
Series 35 | 10 | 10 | ||||||||||||
Series 36 | 9 | 9 | ||||||||||||
Series 37 | 7 | 7 | ||||||||||||
Series 38 | 10 | 10 | ||||||||||||
Series 39 | 9 | 9 | ||||||||||||
Series 40 | 16 | 16 | ||||||||||||
Series 41 | 19 | 20 | ||||||||||||
Series 42 | 21 | 21 | ||||||||||||
Series 43 | 23 | 23 | ||||||||||||
Series 44 | 8 | 10 | ||||||||||||
Series 45 | 28 | 30 | ||||||||||||
Series 46 | 15 | 15 | ||||||||||||
361 | 399 | |||||||||||||
  | ||||||||||||||
During the year ended March 31, 2014 the Fund disposed of thirty eight Operating Partnerships. Gain on disposition is included in share of income (losses)Â from operating limited partnerships. A summary of the dispositions by Series for March 31, 2014 is as follows. | ||||||||||||||
Operating Partnership | Sale of Underlying | Partnership Proceeds | Gain on | |||||||||||
Interest Transferred | Operating | from Disposition * | Disposition | |||||||||||
Partnership | ||||||||||||||
Series 20 | 3 | - | $ | 722,000 | $ | 722,000 | ||||||||
Series 21 | 1 | - | 79,000 | 79,000 | ||||||||||
Series 22 | 2 | - | - | - | ||||||||||
Series 24 | 3 | 3 | 1,630,062 | 1,630,062 | ||||||||||
Series 25 | 1 | - | 618,889 | - | ||||||||||
Series 26 | 1 | 6 | 2,801,657 | 2,801,657 | ||||||||||
Series 27 | 2 | 1 | 2,508,394 | 2,508,394 | ||||||||||
Series 28 | 1 | - | 939,495 | 939,495 | ||||||||||
Series 29 | 2 | 2 | 342,694 | 344,656 | ||||||||||
Series 31 | 3 | - | 624,556 | 624,556 | ||||||||||
Series 32 | 1 | - | 3,428 | 3,428 | ||||||||||
Series 34 | 1 | - | 176,333 | 176,333 | ||||||||||
Series 41 | 1 | - | 52,000 | 52,000 | ||||||||||
Series 44 | - | 2 | - | - | ||||||||||
Series 45 | 1 | 1 | 1,044 | 1,044 | ||||||||||
Total | 23 | 15 | $ | 10,499,552 | $ | 9,882,625 | ||||||||
* Fund proceeds from disposition include $618,889 recorded as a receivable as of March 31, 2013, for Series 25. Proceeds from disposition does not include $1,962 which was due to a writeoff of capital contribution payable for Series 29. | ||||||||||||||
During the year ended March 31, 2013 the Fund disposed of forty six Operating Partnerships. Gain on disposition is included in share of income (losses)Â from operating limited partnerships. A summary of the dispositions by Series for March 31, 2013 is as follows. | ||||||||||||||
Operating Partnership | Sale of Underlying | Partnership Proceeds | Gain on | |||||||||||
Interest Transferred | Operating | from Disposition * | Disposition | |||||||||||
Partnership | ||||||||||||||
Series 20 | 1 | - | $ | 6,402 | $ | 6,402 | ||||||||
Series 21 | 1 | - | - | - | ||||||||||
Series 22 | 8 | 2 | 318,670 | 318,670 | ||||||||||
Series 23 | 4 | - | 82,930 | 82,930 | ||||||||||
Series 24 | 3 | 2 | 1,793,701 | 1,793,701 | ||||||||||
Series 25 | 2 | 2 | 2,477,731 | 3,096,620 | ||||||||||
Series 26 | 7 | 1 | 2,007,273 | 2,007,273 | ||||||||||
Series 27 | 1 | 1 | 582,228 | 582,228 | ||||||||||
Series 28 | 4 | - | 53,550 | 53,550 | ||||||||||
Series 30 | 1 | - | 72,943 | 72,943 | ||||||||||
Series 31 | 1 | - | 48,230 | 48,230 | ||||||||||
Series 32 | - | - | 1,449 | 1,449 | ||||||||||
Series 34 | 1 | - | - | - | ||||||||||
Series 35 | 1 | - | 52,500 | 52,500 | ||||||||||
Series 36 | 1 | 1 | 1,242,272 | 1,242,272 | ||||||||||
Series 42 | 1 | - | - | - | ||||||||||
Series 45 | - | - | 442 | 442 | ||||||||||
Total | 37 | 9 | $ | 8,740,321 | $ | 9,359,210 | ||||||||
* Fund proceeds from disposition does not include $618,889 recorded as a receivable as of March 31, 2013 for Series 25. | ||||||||||||||
  | ||||||||||||||
Under the terms of the Fund’s investment in each operating limited partnership, the Fund is required to make capital contributions to the operating limited partnerships. These contributions are payable in installments over several years upon each operating limited partnership achieving specified levels of construction or operations. At March 31, 2014 and 2013, contributions are payable to operating limited partnerships as follows: | ||||||||||||||
2014 | 2013 | |||||||||||||
Series 20 | $ | - | $ | - | ||||||||||
Series 21 | - | - | ||||||||||||
Series 22 | 9,352 | 9,352 | ||||||||||||
Series 23 | - | - | ||||||||||||
Series 24 | - | - | ||||||||||||
Series 25 | - | - | ||||||||||||
Series 26 | 1,293 | 1,293 | ||||||||||||
Series 27 | 10,020 | 10,020 | ||||||||||||
Series 28 | 40,968 | 40,968 | ||||||||||||
Series 29 | 8,235 | 10,197 | ||||||||||||
Series 30 | 127,396 | 127,396 | ||||||||||||
Series 31 | 66,294 | 66,294 | ||||||||||||
Series 32 | 3,486 | 173,561 | ||||||||||||
Series 33 | 69,154 | 69,154 | ||||||||||||
Series 34 | - | - | ||||||||||||
Series 35 | - | - | ||||||||||||
Series 36 | - | - | ||||||||||||
Series 37 | 138,438 | 138,438 | ||||||||||||
Series 38 | - | - | ||||||||||||
Series 39 | - | - | ||||||||||||
Series 40 | 102 | 102 | ||||||||||||
Series 41 | 100 | 100 | ||||||||||||
Series 42 | 73,433 | 73,433 | ||||||||||||
Series 43 | 99,265 | 121,112 | ||||||||||||
Series 44 | - | 252,864 | ||||||||||||
Series 45 | 16,724 | 16,724 | ||||||||||||
Series 46 | - | - | ||||||||||||
$ | 664,260 | $ | 1,111,008 | |||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Total | Series 20 | Series 21 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 435,973,036 | $ | 5,333,121 | $ | 3,570,455 | ||||||||
Acquisition costs of operating limited partnerships | 25,929,137 | 719,243 | 590,143 | |||||||||||
Cumulative distributions from operating limited partnerships | -3,187,008 | -26,017 | -22,441 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -216,038,394 | -1,333,677 | -118,301 | |||||||||||
Cumulative losses from operating limited partnerships | -237,348,070 | -4,692,670 | -4,019,856 | |||||||||||
Investments in operating limited partnerships per balance sheet | 5,328,701 | - | - | |||||||||||
Total | Series 20 | Series 21 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -2,570,666 | - | - | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -4,142,502 | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 1,117,450 | 90,622 | 221,074 | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -87,884,506 | -3,054,043 | -2,584,152 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 1,300,991 | 6,576 | - | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 216,038,394 | 1,333,677 | 118,301 | |||||||||||
Other | -2,313,297 | -41,692 | -170,410 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 126,874,565 | $ | -1,664,860 | $ | -2,415,187 | ||||||||
  | ||||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 3,854,180 | $ | 10,391,895 | $ | 4,404,391 | ||||||||
Acquisition costs of operating limited partnerships | 455,092 | 1,552,411 | 562,541 | |||||||||||
Cumulative distributions from operating limited partnerships | - | - | -34,932 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -1,618,823 | -6,353,837 | -1,636,215 | |||||||||||
Cumulative losses from operating limited partnerships | -2,690,449 | -5,590,469 | -3,295,785 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -384,587 | -11,581 | -30,158 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -157,772 | -62,597 | -91,548 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 25,824 | 54,934 | 841 | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -1,708,122 | -2,436,164 | -2,148,403 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | - | 34,901 | 6,688 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 1,618,823 | 6,353,837 | 1,636,215 | |||||||||||
Other | -86,354 | -112,531 | 128,312 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | -692,188 | $ | 3,820,799 | $ | -498,053 | ||||||||
  | ||||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 3,805,566 | $ | 11,884,296 | $ | 10,048,578 | ||||||||
Acquisition costs of operating limited partnerships | 508,635 | 1,664,905 | 1,450,069 | |||||||||||
Cumulative distributions from operating limited partnerships | -69,547 | -69,380 | -14,167 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -3,245,521 | -4,338,427 | -4,558,902 | |||||||||||
Cumulative losses from operating limited partnerships | -999,133 | -9,141,394 | -6,925,578 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | - | -70,440 | -286,388 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | -59,837 | -449,204 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 31,239 | 114,788 | 204,661 | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -467,648 | -5,296,972 | -1,965,626 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | - | 187,072 | - | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 3,245,521 | 4,338,427 | 4,558,902 | |||||||||||
Other | -66,326 | -105,757 | -276,370 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 2,742,786 | $ | -892,719 | $ | 1,785,975 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 23,441,799 | $ | 20,972,330 | $ | 13,904,236 | ||||||||
Acquisition costs of operating limited partnerships | 3,437,921 | 3,024,114 | 1,439,788 | |||||||||||
Cumulative distributions from operating limited partnerships | -553,358 | -20,179 | -53,204 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -16,476,882 | -5,875,856 | -6,613,997 | |||||||||||
Cumulative losses from operating limited partnerships | -9,849,480 | -18,100,409 | -8,676,823 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
  | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -233,630 | -83,498 | -135,225 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -665,053 | -596,128 | -235,701 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 79,180 | 204,728 | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -4,221,023 | -7,179,789 | -3,318,142 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 116,284 | 7,039 | 7,712 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 16,476,882 | 5,875,856 | 6,613,997 | |||||||||||
Other | -563,831 | -91,528 | 1,847 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 10,988,809 | $ | -1,863,320 | $ | 2,934,488 | ||||||||
  | ||||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 22,008,435 | $ | 29,433,847 | $ | 14,744,596 | ||||||||
Acquisition costs of operating limited partnerships | 3,165,164 | 3,834,299 | 1,349,820 | |||||||||||
Cumulative distributions from operating limited partnerships | -31,404 | -101,211 | -30,285 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -11,182,057 | -14,763,087 | -9,162,728 | |||||||||||
Cumulative losses from operating limited partnerships | -13,960,138 | -18,403,848 | -6,901,403 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -47,462 | -172,318 | -179,468 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -77,600 | -1,284,335 | -167,193 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 89,559 | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -7,965,109 | -6,317,426 | -2,659,844 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 30,562 | 38,357 | 9,684 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 11,182,057 | 14,763,087 | 9,162,728 | |||||||||||
Other | -342,863 | 322,700 | -42,784 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 2,869,144 | $ | 7,350,065 | $ | 6,123,123 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 22,921,365 | $ | 20,689,083 | $ | 13,848,639 | ||||||||
Acquisition costs of operating limited partnerships | 2,174,992 | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -20,308 | -30,252 | -116,200 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -10,625,803 | -11,273,719 | -7,246,265 | |||||||||||
Cumulative losses from operating limited partnerships | -14,450,246 | -9,385,112 | -6,486,174 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -38,698 | - | -14,791 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -295,534 | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -5,821,899 | -3,511,421 | -1,659,966 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 6,464 | 78,017 | 1,370 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 10,625,803 | 11,273,719 | 7,246,265 | |||||||||||
Other | -274,264 | 7,538 | -99,055 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 4,201,872 | $ | 7,847,853 | $ | 5,473,823 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 18,424,489 | $ | 18,852,167 | $ | 16,699,847 | ||||||||
Acquisition costs of operating limited partnerships | - | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -202,524 | -531,129 | -224,758 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -7,792,558 | -10,527,541 | -7,438,510 | |||||||||||
Cumulative losses from operating limited partnerships | -10,429,407 | -7,793,497 | -9,036,579 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -155,365 | - | - | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -6,441,485 | -3,627,297 | -3,876,967 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 303,810 | 59,461 | 279,219 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 7,792,558 | 10,527,541 | 7,438,510 | |||||||||||
Other | -57,600 | -328,344 | -82,953 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 1,441,918 | $ | 6,631,361 | $ | 3,757,809 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 19,336,992 | $ | 17,319,216 | $ | 19,690,646 | ||||||||
Acquisition costs of operating limited partnerships | - | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -53,094 | -58,012 | -111,750 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -10,639,800 | -7,005,127 | -10,428,111 | |||||||||||
Cumulative losses from operating limited partnerships | -8,644,098 | -10,256,077 | -9,150,785 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -25,172 | -33,807 | -409,845 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -1,365,798 | -2,219,955 | -2,319,513 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 78,811 | 1,049 | 20,012 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 10,639,800 | 7,005,127 | 10,428,111 | |||||||||||
Other | -171,079 | -230,969 | 194,228 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 9,156,562 | $ | 4,521,445 | $ | 7,912,993 | ||||||||
  | ||||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 26,617,048 | $ | 15,745,838 | $ | 25,706,915 | ||||||||
Acquisition costs of operating limited partnerships | - | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -337,804 | -49,763 | -305,087 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -13,050,566 | -6,453,489 | -14,657,544 | |||||||||||
Cumulative losses from operating limited partnerships | -13,050,348 | -9,242,586 | -8,739,792 | |||||||||||
Investments in operating limited partnerships per balance sheet | 178,330 | - | 2,004,492 | |||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -121,319 | - | -129,725 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -2,380,028 | -3,122,647 | -194,482 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | - | - | 23,309 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 13,050,566 | 6,453,489 | 14,657,544 | |||||||||||
Other | 243,042 | -40,728 | -11,108 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 10,970,591 | $ | 3,290,114 | $ | 16,350,030 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 46 | ||||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 22,323,066 | ||||||||||||
Acquisition costs of operating limited partnerships | - | |||||||||||||
Cumulative distributions from operating limited partnerships | -120,202 | |||||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -11,621,051 | |||||||||||||
Cumulative losses from operating limited partnerships | -7,435,934 | |||||||||||||
Investments in operating limited partnerships per balance sheet | 3,145,879 | |||||||||||||
Series 46 | ||||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -7,189 | |||||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | |||||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | |||||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -20,585 | |||||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 4,594 | |||||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 11,621,051 | |||||||||||||
Other | -14,418 | |||||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 14,729,332 | ||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Total | Series 20 | Series 21 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 468,450,655 | $ | 6,699,980 | $ | 3,762,893 | ||||||||
Acquisition costs of operating limited partnerships | 29,435,629 | 861,676 | 602,529 | |||||||||||
Cumulative distributions from operating limited partnerships | -3,169,469 | -33,517 | -22,441 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -226,099,776 | -1,648,785 | -118,301 | |||||||||||
Cumulative losses from operating limited partnerships | -255,011,101 | -5,879,354 | -4,224,680 | |||||||||||
Investments in operating limited partnerships per balance sheet | 13,605,938 | - | - | |||||||||||
Total | Series 20 | Series 21 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -3,160,003 | - | - | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -4,063,046 | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 1,326,821 | 86,256 | 219,339 | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -83,929,078 | -2,747,749 | -2,799,954 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 1,326,492 | 7,898 | - | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 226,099,776 | 1,648,785 | 118,301 | |||||||||||
Other | -2,557,875 | -20,933 | -164,829 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 148,649,025 | $ | -1,025,743 | $ | -2,627,143 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 4,561,122 | $ | 10,391,895 | $ | 6,663,058 | ||||||||
Acquisition costs of operating limited partnerships | 556,775 | 1,552,411 | 867,087 | |||||||||||
Cumulative distributions from operating limited partnerships | -2,987 | - | -34,932 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -1,725,087 | -6,344,121 | -2,395,773 | |||||||||||
Cumulative losses from operating limited partnerships | -3,389,823 | -5,600,185 | -5,099,440 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
  | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -481,359 | -11,581 | -30,158 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -157,772 | -62,597 | -91,548 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 25,824 | 54,934 | 37,933 | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -2,729,559 | -2,074,441 | -3,181,496 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | - | 34,901 | 23,202 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 1,725,087 | 6,344,121 | 2,395,773 | |||||||||||
Other | -136,248 | -112,529 | 138,307 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | -1,754,027 | $ | 4,172,808 | $ | -707,987 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 3,949,669 | $ | 15,248,303 | $ | 13,173,497 | ||||||||
Acquisition costs of operating limited partnerships | 530,964 | 2,125,402 | 1,913,345 | |||||||||||
Cumulative distributions from operating limited partnerships | -69,547 | -69,380 | -52,749 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -3,403,453 | -5,322,693 | -6,453,941 | |||||||||||
Cumulative losses from operating limited partnerships | -1,007,633 | -11,981,632 | -8,580,152 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | - | -70,440 | -286,388 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | -59,837 | -369,748 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 31,239 | 114,788 | 266,164 | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -476,326 | -6,192,769 | -2,149,024 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | - | 187,072 | - | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 3,403,453 | 5,322,693 | 6,453,941 | |||||||||||
Other | -55,777 | -95,517 | -217,897 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 2,902,589 | $ | -794,010 | $ | 3,697,048 | ||||||||
  | ||||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 25,336,641 | $ | 28,419,361 | $ | 13,904,236 | ||||||||
Acquisition costs of operating limited partnerships | 3,716,071 | 4,100,111 | 1,439,788 | |||||||||||
Cumulative distributions from operating limited partnerships | -553,380 | -26,816 | -53,204 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -16,711,233 | -10,932,738 | -6,609,159 | |||||||||||
Cumulative losses from operating limited partnerships | -11,788,099 | -21,559,918 | -8,681,661 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -233,630 | -158,645 | -135,225 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -665,053 | -596,128 | -235,701 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 99,756 | 265,241 | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -3,317,018 | -7,193,417 | -2,714,894 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 116,284 | 7,039 | 7,712 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 16,711,233 | 10,932,738 | 6,609,159 | |||||||||||
Other | -436,019 | -104,030 | 5,620 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 12,275,553 | $ | 3,152,798 | $ | 3,536,671 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 25,644,054 | $ | 29,567,115 | $ | 14,744,596 | ||||||||
Acquisition costs of operating limited partnerships | 3,688,096 | 3,834,299 | 1,349,820 | |||||||||||
Cumulative distributions from operating limited partnerships | -66,005 | -101,211 | -30,285 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -14,021,758 | -14,759,194 | -9,101,023 | |||||||||||
Cumulative losses from operating limited partnerships | -15,244,387 | -18,541,009 | -6,963,108 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -67,462 | -292,046 | -179,468 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -77,600 | -1,284,335 | -167,193 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 125,347 | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -7,706,614 | -5,680,810 | -2,093,741 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 30,562 | 38,357 | 9,684 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 14,021,758 | 14,759,194 | 9,101,023 | |||||||||||
Other | -341,543 | 348,700 | -39,291 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 5,984,448 | $ | 7,889,060 | $ | 6,631,014 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 23,771,378 | $ | 20,689,083 | $ | 13,848,639 | ||||||||
Acquisition costs of operating limited partnerships | 2,297,255 | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -26,077 | -30,252 | -116,200 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -11,601,216 | -11,273,719 | -7,216,579 | |||||||||||
Cumulative losses from operating limited partnerships | -14,441,340 | -9,385,112 | -6,515,860 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -38,698 | - | -14,791 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -295,534 | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -4,593,961 | -2,825,313 | -1,170,643 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 6,464 | 78,017 | 1,370 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 11,601,216 | 11,273,719 | 7,216,579 | |||||||||||
Other | -257,710 | 19,992 | -76,402 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 6,421,777 | $ | 8,546,415 | $ | 5,956,113 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 18,424,489 | $ | 18,852,167 | $ | 16,699,847 | ||||||||
Acquisition costs of operating limited partnerships | - | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -202,524 | -531,129 | -224,758 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -8,855,671 | -10,498,790 | -7,420,197 | |||||||||||
Cumulative losses from operating limited partnerships | -9,366,294 | -7,822,248 | -9,054,892 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -155,365 | - | - | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -5,018,176 | -3,181,015 | -3,282,894 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 303,810 | 59,461 | 279,219 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 8,855,671 | 10,498,790 | 7,420,197 | |||||||||||
Other | -8,607 | -266,828 | -71,431 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 3,977,333 | $ | 7,110,408 | $ | 4,345,091 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 19,336,992 | $ | 17,340,487 | $ | 19,690,646 | ||||||||
Acquisition costs of operating limited partnerships | - | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -53,094 | -58,012 | -109,245 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -10,596,325 | -6,968,657 | -10,059,798 | |||||||||||
Cumulative losses from operating limited partnerships | -8,687,573 | -10,313,818 | -9,411,685 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | 109,918 | |||||||||||
  | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -25,172 | -33,807 | -409,845 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -639,318 | -1,480,788 | -1,497,482 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 78,811 | 1,049 | 20,012 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 10,596,325 | 6,968,657 | 10,059,798 | |||||||||||
Other | -159,009 | -221,822 | -65,078 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 9,851,637 | $ | 5,233,289 | $ | 8,217,323 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 26,617,048 | $ | 19,381,437 | $ | 29,408,956 | ||||||||
Acquisition costs of operating limited partnerships | - | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -289,277 | -49,763 | -263,099 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -11,853,725 | -8,041,733 | -12,456,025 | |||||||||||
Cumulative losses from operating limited partnerships | -13,006,138 | -10,210,723 | -11,736,285 | |||||||||||
Investments in operating limited partnerships per balance sheet | 1,467,908 | 1,079,218 | 4,953,547 | |||||||||||
  | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -143,165 | -255,844 | -129,725 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -1,834,207 | -6,568,883 | -778,586 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | - | 2,230 | 28,744 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 11,853,725 | 8,041,733 | 12,456,025 | |||||||||||
Other | -149,571 | -27,388 | -21,194 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 11,194,690 | $ | 2,271,066 | $ | 16,508,811 | ||||||||
  | ||||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 46 | ||||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 22,323,066 | ||||||||||||
Acquisition costs of operating limited partnerships | - | |||||||||||||
Cumulative distributions from operating limited partnerships | -99,585 | |||||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -9,710,082 | |||||||||||||
Cumulative losses from operating limited partnerships | -6,518,052 | |||||||||||||
Investments in operating limited partnerships per balance sheet | 5,995,347 | |||||||||||||
Series 46 | ||||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -7,189 | |||||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | |||||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | |||||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | - | |||||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 4,594 | |||||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 9,710,082 | |||||||||||||
Other | -20,841 | |||||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 15,681,993 | ||||||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
COMBINED SUMMARIZED BALANCE SHEETS | ||||||||||||||
Total | Series 20 | Series 21 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 804,332,315 | $ | 7,618,706 | $ | 6,797,230 | ||||||||
Land | 80,926,445 | 599,606 | 1,464,660 | |||||||||||
Other assets | 95,869,177 | 1,664,413 | 952,337 | |||||||||||
$ | 981,127,937 | $ | 9,882,725 | $ | 9,214,227 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 695,075,698 | $ | 9,608,148 | $ | 8,521,356 | ||||||||
Accounts payable and accrued expenses | 34,451,133 | 329,159 | 179,419 | |||||||||||
Other liabilities | 102,740,402 | 1,700,962 | 2,440,457 | |||||||||||
832,267,233 | 11,638,269 | 11,141,232 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 126,874,565 | -1,664,860 | -2,415,187 | |||||||||||
Other partners | 21,986,139 | -90,684 | 488,182 | |||||||||||
148,860,704 | -1,755,544 | -1,927,005 | ||||||||||||
$ | 981,127,937 | $ | 9,882,725 | $ | 9,214,227 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 9,721,998 | $ | 19,251,212 | $ | 5,598,176 | ||||||||
Land | 1,344,018 | 1,783,889 | 878,838 | |||||||||||
Other assets | 1,964,231 | 4,399,562 | 825,223 | |||||||||||
$ | 13,030,247 | $ | 25,434,663 | $ | 7,302,237 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 11,309,139 | $ | 16,321,731 | $ | 6,832,986 | ||||||||
Accounts payable and accrued expenses | 637,925 | 4,039,613 | 145,054 | |||||||||||
Other liabilities | 1,055,528 | 2,446,675 | 587,433 | |||||||||||
13,002,592 | 22,808,019 | 7,565,473 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | -692,188 | 3,820,799 | -498,053 | |||||||||||
Other partners | 719,843 | -1,194,155 | 234,817 | |||||||||||
27,655 | 2,626,644 | -263,236 | ||||||||||||
$ | 13,030,247 | $ | 25,434,663 | $ | 7,302,237 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 5,858,313 | $ | 20,816,786 | $ | 27,102,078 | ||||||||
Land | 467,216 | 2,065,095 | 3,322,343 | |||||||||||
Other assets | 1,144,296 | 3,147,651 | 3,457,512 | |||||||||||
$ | 7,469,825 | $ | 26,029,532 | $ | 33,881,933 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 4,894,842 | $ | 22,267,879 | $ | 24,935,837 | ||||||||
Accounts payable and accrued expenses | 76,433 | 1,630,172 | 742,660 | |||||||||||
Other liabilities | 47,680 | 2,463,351 | 5,726,429 | |||||||||||
5,018,955 | 26,361,402 | 31,404,926 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 2,742,786 | -892,719 | 1,785,975 | |||||||||||
Other partners | -291,916 | 560,849 | 691,032 | |||||||||||
2,450,870 | -331,870 | 2,477,007 | ||||||||||||
$ | 7,469,825 | $ | 26,029,532 | $ | 33,881,933 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 31,466,642 | $ | 30,182,087 | $ | 20,404,092 | ||||||||
Land | 3,621,484 | 2,304,757 | 1,352,199 | |||||||||||
Other assets | 3,997,916 | 4,409,048 | 2,160,619 | |||||||||||
$ | 39,086,042 | $ | 36,895,892 | $ | 23,916,910 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 25,796,598 | $ | 31,239,682 | $ | 15,459,775 | ||||||||
Accounts payable and accrued expenses | 1,453,624 | 1,548,536 | 1,081,455 | |||||||||||
Other liabilities | 2,659,578 | 6,097,567 | 2,599,052 | |||||||||||
29,909,800 | 38,885,785 | 19,140,282 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 10,988,809 | -1,863,320 | 2,934,488 | |||||||||||
Other partners | -1,812,567 | -126,573 | 1,842,140 | |||||||||||
9,176,242 | -1,989,893 | 4,776,628 | ||||||||||||
$ | 39,086,042 | $ | 36,895,892 | $ | 23,916,910 | |||||||||
  | ||||||||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 35,608,336 | $ | 33,741,875 | $ | 31,950,307 | ||||||||
Land | 3,396,946 | 2,860,802 | 3,784,552 | |||||||||||
Other assets | 6,338,410 | 4,245,903 | 2,724,574 | |||||||||||
$ | 45,343,692 | $ | 40,848,580 | $ | 38,459,433 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 39,688,783 | $ | 23,703,737 | $ | 24,765,295 | ||||||||
Accounts payable and accrued expenses | 1,106,942 | 2,774,361 | 1,068,581 | |||||||||||
Other liabilities | 4,006,594 | 3,393,544 | 2,423,976 | |||||||||||
44,802,319 | 29,871,642 | 28,257,852 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 2,869,144 | 7,350,065 | 6,123,123 | |||||||||||
Other partners | -2,327,771 | 3,626,873 | 4,078,458 | |||||||||||
541,373 | 10,976,938 | 10,201,581 | ||||||||||||
$ | 45,343,692 | $ | 40,848,580 | $ | 38,459,433 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 33,437,658 | $ | 33,687,421 | $ | 23,352,582 | ||||||||
Land | 4,280,809 | 3,572,523 | 2,013,180 | |||||||||||
Other assets | 4,066,426 | 3,225,731 | 3,054,336 | |||||||||||
$ | 41,784,893 | $ | 40,485,675 | $ | 28,420,098 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 33,133,023 | $ | 21,047,359 | $ | 16,988,083 | ||||||||
Accounts payable and accrued expenses | 1,383,505 | 1,053,812 | 1,684,855 | |||||||||||
Other liabilities | 5,207,301 | 7,923,562 | 726,794 | |||||||||||
39,723,829 | 30,024,733 | 19,399,732 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 4,201,872 | 7,847,853 | 5,473,823 | |||||||||||
Other partners | -2,140,808 | 2,613,089 | 3,546,543 | |||||||||||
2,061,064 | 10,460,942 | 9,020,366 | ||||||||||||
$ | 41,784,893 | $ | 40,485,675 | $ | 28,420,098 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 30,680,540 | $ | 21,174,700 | $ | 17,030,411 | ||||||||
Land | 2,423,561 | 1,581,706 | 1,238,488 | |||||||||||
Other assets | 3,153,869 | 2,263,552 | 1,848,616 | |||||||||||
$ | 36,257,970 | $ | 25,019,958 | $ | 20,117,515 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 27,503,623 | $ | 16,706,809 | $ | 13,180,160 | ||||||||
Accounts payable and accrued expenses | 2,567,356 | 240,064 | 341,876 | |||||||||||
Other liabilities | 6,209,057 | 2,719,890 | 2,931,884 | |||||||||||
36,280,036 | 19,666,763 | 16,453,920 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 1,441,918 | 6,631,361 | 3,757,809 | |||||||||||
Other partners | -1,463,984 | -1,278,166 | -94,214 | |||||||||||
-22,066 | 5,353,195 | 3,663,595 | ||||||||||||
$ | 36,257,970 | $ | 25,019,958 | $ | 20,117,515 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 52,009,241 | $ | 62,749,098 | $ | 54,155,724 | ||||||||
Land | 5,081,041 | 7,916,005 | 7,059,765 | |||||||||||
Other assets | 4,514,209 | 6,419,595 | 6,402,555 | |||||||||||
$ | 61,604,491 | $ | 77,084,698 | $ | 67,618,044 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 44,835,269 | $ | 59,205,981 | $ | 46,084,051 | ||||||||
Accounts payable and accrued expenses | 1,667,029 | 1,482,716 | 2,745,285 | |||||||||||
Other liabilities | 6,319,795 | 6,264,564 | 5,776,778 | |||||||||||
52,822,093 | 66,953,261 | 54,606,114 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 9,156,562 | 4,521,445 | 7,912,993 | |||||||||||
Other partners | -374,164 | 5,609,992 | 5,098,937 | |||||||||||
8,782,398 | 10,131,437 | 13,011,930 | ||||||||||||
$ | 61,604,491 | $ | 77,084,698 | $ | 67,618,044 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 56,978,000 | $ | 40,573,656 | $ | 51,826,015 | ||||||||
Land | 6,704,151 | 3,130,916 | 4,314,836 | |||||||||||
Other assets | 5,412,878 | 3,902,028 | 6,284,278 | |||||||||||
$ | 69,095,029 | $ | 47,606,600 | $ | 62,425,129 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 47,780,026 | $ | 41,159,992 | $ | 37,037,554 | ||||||||
Accounts payable and accrued expenses | 1,743,541 | 676,387 | 1,431,634 | |||||||||||
Other liabilities | 6,746,944 | 6,607,924 | 4,603,925 | |||||||||||
56,270,511 | 48,444,303 | 43,073,113 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 10,970,591 | 3,290,114 | 16,350,030 | |||||||||||
Other partners | 1,853,927 | -4,127,817 | 3,001,986 | |||||||||||
12,824,518 | -837,703 | 19,352,016 | ||||||||||||
$ | 69,095,029 | $ | 47,606,600 | $ | 62,425,129 | |||||||||
 The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 46 | ||||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 40,559,431 | ||||||||||||
Land | 2,363,059 | |||||||||||||
Other assets | 3,889,409 | |||||||||||||
$ | 46,811,899 | |||||||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 25,067,980 | ||||||||||||
Accounts payable and accrued expenses | 619,139 | |||||||||||||
Other liabilities | 3,053,158 | |||||||||||||
28,740,277 | ||||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 14,729,332 | |||||||||||||
Other partners | 3,342,290 | |||||||||||||
18,071,622 | ||||||||||||||
$ | 46,811,899 | |||||||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Total | Series 20 | Series 21 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 926,355,460 | $ | 10,155,776 | $ | 7,435,846 | ||||||||
Land | 92,169,960 | 839,313 | 1,479,930 | |||||||||||
Other assets | 102,647,493 | 2,037,492 | 958,988 | |||||||||||
$ | 1,121,172,913 | $ | 13,032,581 | $ | 9,874,764 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 786,714,302 | $ | 12,212,275 | $ | 9,290,488 | ||||||||
Accounts payable and accrued expenses | 36,047,804 | 287,009 | 237,223 | |||||||||||
Other liabilities | 115,855,204 | 1,510,700 | 2,415,769 | |||||||||||
938,617,310 | 14,009,984 | 11,943,480 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 148,649,025 | -1,025,743 | -2,627,143 | |||||||||||
Other partners | 33,906,578 | 48,340 | 558,427 | |||||||||||
182,555,603 | -977,403 | -2,068,716 | ||||||||||||
$ | 1,121,172,913 | $ | 13,032,581 | $ | 9,874,764 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 11,693,373 | $ | 20,247,856 | $ | 11,286,698 | ||||||||
Land | 1,491,429 | 1,783,889 | 1,434,385 | |||||||||||
Other assets | 2,228,323 | 4,154,081 | 1,629,582 | |||||||||||
$ | 15,413,125 | $ | 26,185,826 | $ | 14,350,665 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 14,767,873 | $ | 16,539,887 | $ | 11,818,235 | ||||||||
Accounts payable and accrued expenses | 570,521 | 3,652,531 | 1,119,077 | |||||||||||
Other liabilities | 1,168,419 | 2,510,569 | 1,719,236 | |||||||||||
16,506,813 | 22,702,987 | 14,656,548 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | -1,754,027 | 4,172,808 | -707,987 | |||||||||||
Other partners | 660,339 | -689,969 | 402,104 | |||||||||||
-1,093,688 | 3,482,839 | -305,883 | ||||||||||||
$ | 15,413,125 | $ | 26,185,826 | $ | 14,350,665 | |||||||||
  | ||||||||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 6,428,758 | $ | 32,793,703 | $ | 35,113,113 | ||||||||
Land | 574,158 | 2,736,095 | 4,620,843 | |||||||||||
Other assets | 1,163,088 | 4,158,096 | 4,632,865 | |||||||||||
$ | 8,166,004 | $ | 39,687,894 | $ | 44,366,821 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 5,359,194 | $ | 33,866,714 | $ | 30,744,793 | ||||||||
Accounts payable and accrued expenses | 87,194 | 2,031,188 | 842,519 | |||||||||||
Other liabilities | 49,675 | 4,245,607 | 7,053,343 | |||||||||||
5,496,063 | 40,143,509 | 38,640,655 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 2,902,589 | -794,010 | 3,697,048 | |||||||||||
Other partners | -232,648 | 338,395 | 2,029,118 | |||||||||||
2,669,941 | -455,615 | 5,726,166 | ||||||||||||
$ | 8,166,004 | $ | 39,687,894 | $ | 44,366,821 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 38,832,314 | $ | 38,929,438 | $ | 21,374,357 | ||||||||
Land | 4,789,984 | 2,816,806 | 1,352,199 | |||||||||||
Other assets | 4,805,771 | 4,579,225 | 2,265,338 | |||||||||||
$ | 48,428,069 | $ | 46,325,469 | $ | 24,991,894 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 30,729,775 | $ | 36,131,872 | $ | 15,804,915 | ||||||||
Accounts payable and accrued expenses | 1,536,518 | 1,888,155 | 1,030,604 | |||||||||||
Other liabilities | 3,164,099 | 5,598,855 | 2,590,111 | |||||||||||
35,430,392 | 43,618,882 | 19,425,630 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 12,275,553 | 3,152,798 | 3,536,671 | |||||||||||
Other partners | 722,124 | -446,211 | 2,029,593 | |||||||||||
12,997,677 | 2,706,587 | 5,566,264 | ||||||||||||
$ | 48,428,069 | $ | 46,325,469 | $ | 24,991,894 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 41,093,844 | $ | 42,317,655 | $ | 33,867,303 | ||||||||
Land | 3,922,117 | 2,921,802 | 3,784,552 | |||||||||||
Other assets | 6,265,759 | 4,534,604 | 2,732,278 | |||||||||||
$ | 51,281,720 | $ | 49,774,061 | $ | 40,384,133 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 41,416,027 | $ | 32,091,744 | $ | 25,170,848 | ||||||||
Accounts payable and accrued expenses | 1,079,327 | 3,166,217 | 1,051,109 | |||||||||||
Other liabilities | 4,801,867 | 3,536,003 | 2,578,374 | |||||||||||
47,297,221 | 38,793,964 | 28,800,331 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 5,984,448 | 7,889,060 | 6,631,014 | |||||||||||
Other partners | -1,999,949 | 3,091,037 | 4,952,788 | |||||||||||
3,984,499 | 10,980,097 | 11,583,802 | ||||||||||||
$ | 51,281,720 | $ | 49,774,061 | $ | 40,384,133 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 36,690,648 | $ | 35,320,976 | $ | 24,753,789 | ||||||||
Land | 4,488,809 | 3,572,523 | 2,013,180 | |||||||||||
Other assets | 4,445,778 | 3,045,614 | 2,886,655 | |||||||||||
$ | 45,625,235 | $ | 41,939,113 | $ | 29,653,624 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 33,975,571 | $ | 21,130,845 | $ | 17,319,963 | ||||||||
Accounts payable and accrued expenses | 1,252,013 | 997,139 | 1,575,909 | |||||||||||
Other liabilities | 5,399,661 | 8,062,155 | 650,137 | |||||||||||
40,627,245 | 30,190,139 | 19,546,009 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 6,421,777 | 8,546,415 | 5,956,113 | |||||||||||
Other partners | -1,423,787 | 3,202,559 | 4,151,502 | |||||||||||
4,997,990 | 11,748,974 | 10,107,615 | ||||||||||||
$ | 45,625,235 | $ | 41,939,113 | $ | 29,653,624 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 32,623,644 | $ | 22,273,923 | $ | 18,013,620 | ||||||||
Land | 2,423,561 | 1,581,706 | 1,238,488 | |||||||||||
Other assets | 3,249,852 | 2,186,790 | 1,768,336 | |||||||||||
$ | 38,297,057 | $ | 26,042,419 | $ | 21,020,444 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 28,014,633 | $ | 17,019,640 | $ | 13,422,946 | ||||||||
Accounts payable and accrued expenses | 2,306,321 | 258,956 | 343,231 | |||||||||||
Other liabilities | 5,733,250 | 2,458,570 | 2,675,710 | |||||||||||
36,054,204 | 19,737,166 | 16,441,887 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 3,977,333 | 7,110,408 | 4,345,091 | |||||||||||
Other partners | -1,734,480 | -805,155 | 233,466 | |||||||||||
2,242,853 | 6,305,253 | 4,578,557 | ||||||||||||
$ | 38,297,057 | $ | 26,042,419 | $ | 21,020,444 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 54,364,315 | $ | 65,958,262 | $ | 56,579,992 | ||||||||
Land | 5,081,041 | 8,000,805 | 7,059,765 | |||||||||||
Other assets | 4,198,978 | 6,479,223 | 6,664,563 | |||||||||||
$ | 63,644,334 | $ | 80,438,290 | $ | 70,304,320 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 45,658,503 | $ | 61,327,803 | $ | 46,947,999 | ||||||||
Accounts payable and accrued expenses | 1,378,312 | 1,254,339 | 2,644,758 | |||||||||||
Other liabilities | 6,783,138 | 7,521,451 | 6,437,492 | |||||||||||
53,819,953 | 70,103,593 | 56,030,249 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 9,851,637 | 5,233,289 | 8,217,323 | |||||||||||
Other partners | -27,256 | 5,101,408 | 6,056,748 | |||||||||||
9,824,381 | 10,334,697 | 14,274,071 | ||||||||||||
$ | 63,644,334 | $ | 80,438,290 | $ | 70,304,320 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 59,664,991 | $ | 54,857,440 | $ | 72,021,820 | ||||||||
Land | 6,704,151 | 6,053,669 | 7,041,701 | |||||||||||
Other assets | 5,245,799 | 4,773,751 | 7,674,657 | |||||||||||
$ | 71,614,941 | $ | 65,684,860 | $ | 86,738,178 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 47,842,185 | $ | 55,297,673 | $ | 57,679,981 | ||||||||
Accounts payable and accrued expenses | 1,810,519 | 1,363,325 | 1,748,945 | |||||||||||
Other liabilities | 7,744,436 | 9,455,928 | 6,907,084 | |||||||||||
57,397,140 | 66,116,926 | 66,336,010 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 11,194,690 | 2,271,066 | 16,508,811 | |||||||||||
Other partners | 3,023,111 | -2,703,132 | 3,893,357 | |||||||||||
14,217,801 | -432,066 | 20,402,168 | ||||||||||||
$ | 71,614,941 | $ | 65,684,860 | $ | 86,738,178 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 46 | ||||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 41,662,006 | ||||||||||||
Land | 2,363,059 | |||||||||||||
Other assets | 3,882,007 | |||||||||||||
$ | 47,907,072 | |||||||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 25,131,920 | ||||||||||||
Accounts payable and accrued expenses | 534,845 | |||||||||||||
Other liabilities | 3,083,565 | |||||||||||||
28,750,330 | ||||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 15,681,993 | |||||||||||||
Other partners | 3,474,749 | |||||||||||||
19,156,742 | ||||||||||||||
$ | 47,907,072 | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
COMBINED SUMMARIZED STATEMENTS OF OPERATIONS | ||||||||||||||
Total | Series 20 | Series 21 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 162,298,910 | $ | 2,237,679 | $ | 1,824,069 | ||||||||
Interest and other | 6,084,629 | 86,946 | 15,179 | |||||||||||
168,383,539 | 2,324,625 | 1,839,248 | ||||||||||||
Expenses | ||||||||||||||
Interest | 33,387,199 | 373,068 | 522,766 | |||||||||||
Depreciation and amortization | 47,293,084 | 693,878 | 326,104 | |||||||||||
Taxes and insurance | 20,872,713 | 273,220 | 179,613 | |||||||||||
Repairs and maintenance | 28,630,757 | 596,259 | 253,968 | |||||||||||
Operating expenses | 59,311,990 | 969,622 | 603,582 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 4,093,159 | 56,738 | 45,815 | |||||||||||
193,588,902 | 2,962,785 | 1,931,848 | ||||||||||||
NET INCOME (LOSS) | $ | -25,205,363 | $ | -638,160 | $ | -92,600 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -18,485,088 | $ | -366,227 | $ | -98,321 | ||||||||
Net income (loss) allocated to other partners | $ | -6,720,275 | $ | -271,933 | $ | 5,721 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 2,477,250 | $ | 4,435,882 | $ | 1,636,612 | ||||||||
Interest and other | 73,964 | 163,448 | 30,368 | |||||||||||
2,551,214 | 4,599,330 | 1,666,980 | ||||||||||||
Expenses | ||||||||||||||
Interest | 496,594 | 795,239 | 245,476 | |||||||||||
Depreciation and amortization | 558,497 | 1,158,287 | 503,096 | |||||||||||
Taxes and insurance | 382,939 | 644,328 | 217,169 | |||||||||||
Repairs and maintenance | 629,883 | 944,241 | 351,054 | |||||||||||
Operating expenses | 777,142 | 1,743,795 | 640,559 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 73,572 | 76,533 | 23,919 | |||||||||||
2,918,627 | 5,362,423 | 1,981,273 | ||||||||||||
NET INCOME (LOSS) | $ | -367,413 | $ | -763,093 | $ | -314,293 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -264,711 | $ | -361,723 | $ | -241,279 | ||||||||
Net income (loss) allocated to other partners | $ | -102,702 | $ | -401,370 | $ | -73,014 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 1,262,550 | $ | 4,790,165 | $ | 6,040,191 | ||||||||
Interest and other | 22,841 | 169,267 | 158,902 | |||||||||||
1,285,391 | 4,959,432 | 6,199,093 | ||||||||||||
Expenses | ||||||||||||||
Interest | 171,813 | 716,630 | 1,151,459 | |||||||||||
Depreciation and amortization | 246,603 | 1,466,667 | 1,673,915 | |||||||||||
Taxes and insurance | 125,928 | 672,261 | 669,786 | |||||||||||
Repairs and maintenance | 238,246 | 1,143,771 | 973,244 | |||||||||||
Operating expenses | 443,788 | 1,868,618 | 1,840,267 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 20,949 | 123,014 | 195,226 | |||||||||||
1,247,327 | 5,990,961 | 6,503,897 | ||||||||||||
NET INCOME (LOSS) | $ | 38,064 | $ | -1,031,529 | $ | -304,804 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -43,041 | $ | -842,204 | $ | -277,730 | ||||||||
Net income (loss) allocated to other partners | $ | 81,105 | $ | -189,325 | $ | -27,074 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 7,997,536 | $ | 6,399,091 | $ | 5,127,821 | ||||||||
Interest and other | 191,608 | 279,731 | 170,948 | |||||||||||
8,189,144 | 6,678,822 | 5,298,769 | ||||||||||||
Expenses | ||||||||||||||
Interest | 994,517 | 1,216,242 | 551,540 | |||||||||||
Depreciation and amortization | 2,111,756 | 2,078,912 | 1,202,369 | |||||||||||
Taxes and insurance | 973,644 | 952,282 | 609,014 | |||||||||||
Repairs and maintenance | 1,506,121 | 991,855 | 1,071,737 | |||||||||||
Operating expenses | 2,953,257 | 2,645,977 | 2,573,560 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 167,721 | 96,260 | 61,971 | |||||||||||
8,707,016 | 7,981,528 | 6,070,191 | ||||||||||||
NET INCOME (LOSS) | $ | -517,872 | $ | -1,302,706 | $ | -771,422 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -953,311 | $ | -1,065,191 | $ | -621,294 | ||||||||
Net income (loss) allocated to other partners | $ | 435,439 | $ | -237,515 | $ | -150,128 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,574,095 | $ | 6,508,476 | $ | 6,345,248 | ||||||||
Interest and other | 473,966 | 219,944 | 258,319 | |||||||||||
10,048,061 | 6,728,420 | 6,603,567 | ||||||||||||
Expenses | ||||||||||||||
Interest | 1,133,836 | 1,258,641 | 1,154,157 | |||||||||||
Depreciation and amortization | 2,678,740 | 2,463,661 | 2,147,969 | |||||||||||
Taxes and insurance | 1,450,339 | 845,962 | 894,942 | |||||||||||
Repairs and maintenance | 1,457,335 | 1,009,687 | 731,636 | |||||||||||
Operating expenses | 3,634,252 | 2,495,964 | 2,880,503 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 647,743 | 481,906 | 166,042 | |||||||||||
11,002,245 | 8,555,821 | 7,975,249 | ||||||||||||
NET INCOME (LOSS) | $ | -954,184 | $ | -1,827,401 | $ | -1,371,682 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -1,155,732 | $ | -1,433,129 | $ | -566,103 | ||||||||
Net income (loss) allocated to other partners | $ | 201,548 | $ | -394,272 | $ | -805,579 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
   | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 7,029,164 | $ | 6,475,964 | $ | 4,744,459 | ||||||||
Interest and other | 280,275 | 198,981 | 125,527 | |||||||||||
7,309,439 | 6,674,945 | 4,869,986 | ||||||||||||
Expenses | ||||||||||||||
Interest | 1,042,365 | 1,402,582 | 958,450 | |||||||||||
Depreciation and amortization | 2,602,919 | 2,005,105 | 1,518,135 | |||||||||||
Taxes and insurance | 1,040,409 | 860,037 | 660,902 | |||||||||||
Repairs and maintenance | 975,500 | 1,064,089 | 697,438 | |||||||||||
Operating expenses | 3,358,381 | 2,314,187 | 1,835,337 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 71,056 | 70,908 | 75,054 | |||||||||||
9,090,630 | 7,716,908 | 5,745,316 | ||||||||||||
NET INCOME (LOSS) | $ | -1,781,191 | $ | -1,041,963 | $ | -875,330 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -1,227,938 | $ | -688,552 | $ | -489,323 | ||||||||
Net income (loss) allocated to other partners | $ | -553,253 | $ | -353,411 | $ | -386,007 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 5,733,586 | $ | 4,541,271 | $ | 3,579,382 | ||||||||
Interest and other | 234,903 | 181,334 | 223,143 | |||||||||||
5,968,489 | 4,722,605 | 3,802,525 | ||||||||||||
Expenses | ||||||||||||||
Interest | 1,033,729 | 969,147 | 762,859 | |||||||||||
Depreciation and amortization | 2,115,278 | 1,180,606 | 1,044,496 | |||||||||||
Taxes and insurance | 965,919 | 576,518 | 450,988 | |||||||||||
Repairs and maintenance | 924,582 | 792,059 | 616,711 | |||||||||||
Operating expenses | 2,758,869 | 1,772,891 | 1,611,348 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 138,964 | 107,940 | 144,684 | |||||||||||
7,937,341 | 5,399,161 | 4,631,086 | ||||||||||||
NET INCOME (LOSS) | $ | -1,968,852 | $ | -676,556 | $ | -828,561 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -1,423,309 | $ | -447,771 | $ | -594,093 | ||||||||
Net income (loss) allocated to other partners | $ | -545,543 | $ | -228,785 | $ | -234,468 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,759,272 | $ | 12,055,887 | $ | 10,535,566 | ||||||||
Interest and other | 432,340 | 466,528 | 338,914 | |||||||||||
10,191,612 | 12,522,415 | 10,874,480 | ||||||||||||
Expenses | ||||||||||||||
Interest | 3,077,212 | 3,476,503 | 2,513,476 | |||||||||||
Depreciation and amortization | 2,580,262 | 2,982,256 | 2,809,331 | |||||||||||
Taxes and insurance | 1,426,929 | 1,463,591 | 1,142,938 | |||||||||||
Repairs and maintenance | 1,443,089 | 1,907,833 | 1,901,477 | |||||||||||
Operating expenses | 2,649,473 | 2,996,818 | 3,268,203 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 119,822 | 287,945 | 294,006 | |||||||||||
11,296,787 | 13,114,946 | 11,929,431 | ||||||||||||
NET INCOME (LOSS) | $ | -1,105,175 | $ | -592,531 | $ | -1,054,951 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -726,480 | $ | -621,885 | $ | -894,568 | ||||||||
Net income (loss) allocated to other partners | $ | -378,695 | $ | 29,354 | $ | -160,383 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,974,760 | $ | 7,332,990 | $ | 8,074,526 | ||||||||
Interest and other | 393,335 | 261,044 | 311,152 | |||||||||||
10,368,095 | 7,594,034 | 8,385,678 | ||||||||||||
Expenses | ||||||||||||||
Interest | 2,280,961 | 2,169,441 | 1,550,152 | |||||||||||
Depreciation and amortization | 3,048,910 | 2,040,636 | 2,509,590 | |||||||||||
Taxes and insurance | 1,004,171 | 552,748 | 1,047,218 | |||||||||||
Repairs and maintenance | 1,927,314 | 1,391,438 | 1,790,623 | |||||||||||
Operating expenses | 3,343,630 | 2,418,295 | 2,837,621 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 193,811 | 95,028 | 207,293 | |||||||||||
11,798,797 | 8,667,586 | 9,942,497 | ||||||||||||
NET INCOME (LOSS) | $ | -1,430,702 | $ | -1,073,552 | $ | -1,556,819 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -816,218 | $ | -602,519 | $ | -723,969 | ||||||||
Net income (loss) allocated to other partners | $ | -614,484 | $ | -471,033 | $ | -832,850 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 46 | ||||||||||||||
Revenue | ||||||||||||||
Rent | $ | 5,805,418 | ||||||||||||
Interest and other | 321,722 | |||||||||||||
6,127,140 | ||||||||||||||
Expenses | ||||||||||||||
Interest | 1,368,344 | |||||||||||||
Depreciation and amortization | 1,545,106 | |||||||||||||
Taxes and insurance | 788,918 | |||||||||||||
Repairs and maintenance | 1,299,567 | |||||||||||||
Operating expenses | 2,076,051 | |||||||||||||
Impairment loss | - | |||||||||||||
Other expenses | 49,239 | |||||||||||||
7,127,225 | ||||||||||||||
NET INCOME (LOSS) | $ | -1,000,085 | ||||||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -938,467 | ||||||||||||
Net income (loss) allocated to other partners | $ | -61,618 | ||||||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Total | Series 20 | Series 21 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 177,121,285 | $ | 3,184,095 | $ | 1,899,543 | ||||||||
Interest and other | 6,664,987 | 82,941 | 26,035 | |||||||||||
183,786,272 | 3,267,036 | 1,925,578 | ||||||||||||
Expenses | ||||||||||||||
Interest | 38,941,394 | 466,702 | 558,013 | |||||||||||
Depreciation and amortization | 51,957,361 | 833,519 | 364,116 | |||||||||||
Taxes and insurance | 21,692,015 | 369,926 | 212,056 | |||||||||||
Repairs and maintenance | 30,845,127 | 725,213 | 295,363 | |||||||||||
Operating expenses | 63,854,366 | 1,085,217 | 525,305 | |||||||||||
Impairment loss | 3,256,264 | - | - | |||||||||||
Other expenses | 4,877,397 | 82,619 | 58,488 | |||||||||||
215,423,924 | 3,563,196 | 2,013,341 | ||||||||||||
NET INCOME (LOSS) | $ | -31,637,652 | $ | -296,160 | $ | -87,763 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -23,592,748 | $ | -220,356 | $ | -86,888 | ||||||||
Net income (loss) allocated to other partners | $ | -8,044,904 | $ | -75,804 | $ | -875 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 2,790,949 | $ | 4,449,155 | $ | 2,921,646 | ||||||||
Interest and other | 115,557 | 682,242 | 48,728 | |||||||||||
2,906,506 | 5,131,397 | 2,970,374 | ||||||||||||
Expenses | ||||||||||||||
Interest | 616,699 | 855,738 | 484,029 | |||||||||||
Depreciation and amortization | 687,204 | 1,108,148 | 823,333 | |||||||||||
Taxes and insurance | 415,308 | 605,947 | 355,178 | |||||||||||
Repairs and maintenance | 608,483 | 959,801 | 626,544 | |||||||||||
Operating expenses | 865,090 | 1,623,908 | 1,235,535 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 80,902 | 77,277 | 32,348 | |||||||||||
3,273,686 | 5,230,819 | 3,556,967 | ||||||||||||
NET INCOME (LOSS) | $ | -367,180 | $ | -99,422 | $ | -586,593 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -159,268 | $ | -178,090 | $ | -428,611 | ||||||||
Net income (loss) allocated to other partners | $ | -207,912 | $ | 78,668 | $ | -157,982 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 1,292,260 | $ | 7,059,713 | $ | 7,763,100 | ||||||||
Interest and other | 62,091 | 276,452 | 138,723 | |||||||||||
1,354,351 | 7,336,165 | 7,901,823 | ||||||||||||
Expenses | ||||||||||||||
Interest | 228,093 | 1,298,067 | 1,614,202 | |||||||||||
Depreciation and amortization | 297,500 | 1,958,890 | 2,051,886 | |||||||||||
Taxes and insurance | 136,078 | 1,092,240 | 857,168 | |||||||||||
Repairs and maintenance | 253,084 | 1,325,248 | 1,232,293 | |||||||||||
Operating expenses | 543,537 | 2,680,092 | 2,275,198 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 21,995 | 138,428 | 331,056 | |||||||||||
1,480,287 | 8,492,965 | 8,361,803 | ||||||||||||
NET INCOME (LOSS) | $ | -125,936 | $ | -1,156,800 | $ | -459,980 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -130,543 | $ | -900,257 | $ | -262,813 | ||||||||
Net income (loss) allocated to other partners | $ | 4,607 | $ | -256,543 | $ | -197,167 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,549,364 | $ | 7,665,813 | $ | 5,009,216 | ||||||||
Interest and other | 217,120 | 299,284 | 146,020 | |||||||||||
9,766,484 | 7,965,097 | 5,155,236 | ||||||||||||
Expenses | ||||||||||||||
Interest | 1,529,272 | 1,495,218 | 591,825 | |||||||||||
Depreciation and amortization | 2,410,366 | 2,577,574 | 1,220,215 | |||||||||||
Taxes and insurance | 1,150,108 | 1,018,811 | 560,768 | |||||||||||
Repairs and maintenance | 1,587,459 | 1,309,363 | 1,038,133 | |||||||||||
Operating expenses | 3,313,014 | 3,148,497 | 2,435,214 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 277,850 | 156,782 | 99,834 | |||||||||||
10,268,069 | 9,706,245 | 5,945,989 | ||||||||||||
NET INCOME (LOSS) | $ | -501,585 | $ | -1,741,148 | $ | -790,753 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -888,944 | $ | -1,439,168 | $ | -680,994 | ||||||||
Net income (loss) allocated to other partners | $ | 387,359 | $ | -301,980 | $ | -109,759 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,949,808 | $ | 7,634,347 | $ | 6,123,803 | ||||||||
Interest and other | 424,427 | 254,253 | 242,562 | |||||||||||
10,374,235 | 7,888,600 | 6,366,365 | ||||||||||||
Expenses | ||||||||||||||
Interest | 1,342,653 | 1,606,959 | 1,188,867 | |||||||||||
Depreciation and amortization | 2,803,462 | 2,728,955 | 2,132,318 | |||||||||||
Taxes and insurance | 1,377,668 | 1,019,354 | 729,103 | |||||||||||
Repairs and maintenance | 1,633,151 | 1,255,596 | 801,421 | |||||||||||
Operating expenses | 3,766,388 | 2,737,950 | 2,887,400 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 1,224,406 | 461,099 | 187,942 | |||||||||||
12,147,728 | 9,809,913 | 7,927,051 | ||||||||||||
NET INCOME (LOSS) | $ | -1,773,493 | $ | -1,921,313 | $ | -1,560,686 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -2,070,330 | $ | -1,389,322 | $ | -615,022 | ||||||||
Net income (loss) allocated to other partners | $ | 296,837 | $ | -531,991 | $ | -945,664 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 7,125,743 | $ | 6,236,019 | $ | 4,646,529 | ||||||||
Interest and other | 251,321 | 188,184 | 119,673 | |||||||||||
7,377,064 | 6,424,203 | 4,766,202 | ||||||||||||
Expenses | ||||||||||||||
Interest | 1,108,317 | 1,446,772 | 979,761 | |||||||||||
Depreciation and amortization | 2,649,406 | 2,007,389 | 1,519,627 | |||||||||||
Taxes and insurance | 920,389 | 806,853 | 576,269 | |||||||||||
Repairs and maintenance | 985,148 | 1,045,890 | 629,919 | |||||||||||
Operating expenses | 3,432,032 | 2,292,709 | 1,859,376 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 73,816 | 70,597 | 79,706 | |||||||||||
9,169,108 | 7,670,210 | 5,644,658 | ||||||||||||
NET INCOME (LOSS) | $ | -1,792,044 | $ | -1,246,007 | $ | -878,456 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -1,312,415 | $ | -767,266 | $ | -478,049 | ||||||||
Net income (loss) allocated to other partners | $ | -479,629 | $ | -478,741 | $ | -400,407 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
   | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 5,671,145 | $ | 4,468,299 | $ | 3,493,551 | ||||||||
Interest and other | 241,035 | 198,322 | 230,400 | |||||||||||
5,912,180 | 4,666,621 | 3,723,951 | ||||||||||||
Expenses | ||||||||||||||
Interest | 935,342 | 997,278 | 782,342 | |||||||||||
Depreciation and amortization | 2,163,933 | 1,186,607 | 1,062,080 | |||||||||||
Taxes and insurance | 864,109 | 586,193 | 422,979 | |||||||||||
Repairs and maintenance | 980,595 | 789,296 | 722,798 | |||||||||||
Operating expenses | 2,837,748 | 1,664,967 | 1,533,442 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 94,258 | 134,556 | 168,293 | |||||||||||
7,875,985 | 5,358,897 | 4,691,934 | ||||||||||||
NET INCOME (LOSS) | $ | -1,963,805 | $ | -692,276 | $ | -967,983 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -1,554,735 | $ | -470,966 | $ | -696,905 | ||||||||
Net income (loss) allocated to other partners | $ | -409,070 | $ | -221,310 | $ | -271,078 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,759,763 | $ | 12,085,189 | $ | 10,464,730 | ||||||||
Interest and other | 406,345 | 406,373 | 314,315 | |||||||||||
10,166,108 | 12,491,562 | 10,779,045 | ||||||||||||
Expenses | ||||||||||||||
Interest | 3,065,470 | 3,564,669 | 2,561,019 | |||||||||||
Depreciation and amortization | 2,559,496 | 3,109,213 | 2,953,899 | |||||||||||
Taxes and insurance | 1,337,080 | 1,389,326 | 989,132 | |||||||||||
Repairs and maintenance | 1,510,497 | 1,876,465 | 1,903,921 | |||||||||||
Operating expenses | 2,606,942 | 3,067,800 | 3,185,289 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 168,243 | 209,349 | 164,945 | |||||||||||
11,247,728 | 13,216,822 | 11,758,205 | ||||||||||||
NET INCOME (LOSS) | $ | -1,081,620 | $ | -725,260 | $ | -979,160 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -564,539 | $ | -648,068 | $ | -906,635 | ||||||||
Net income (loss) allocated to other partners | $ | -517,081 | $ | -77,192 | $ | -72,525 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,746,620 | $ | 9,363,405 | $ | 11,006,877 | ||||||||
Interest and other | 386,064 | 298,125 | 393,017 | |||||||||||
10,132,684 | 9,661,530 | 11,399,894 | ||||||||||||
Expenses | ||||||||||||||
Interest | 2,383,554 | 3,215,927 | 2,670,928 | |||||||||||
Depreciation and amortization | 3,156,153 | 2,832,942 | 3,244,996 | |||||||||||
Taxes and insurance | 952,266 | 908,796 | 1,344,030 | |||||||||||
Repairs and maintenance | 1,749,546 | 1,867,320 | 2,096,510 | |||||||||||
Operating expenses | 3,214,566 | 3,125,238 | 3,950,971 | |||||||||||
Impairment loss | - | 3,256,264 | - | |||||||||||
Other expenses | 147,196 | 97,173 | 188,513 | |||||||||||
11,603,281 | 15,303,660 | 13,495,948 | ||||||||||||
NET INCOME (LOSS) | $ | -1,470,597 | $ | -5,642,130 | $ | -2,096,054 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -459,909 | $ | -4,425,568 | $ | -1,271,775 | ||||||||
Net income (loss) allocated to other partners | $ | -1,010,688 | $ | -1,216,562 | $ | -824,279 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 46 | ||||||||||||||
Revenue | ||||||||||||||
Rent | $ | 5,760,603 | ||||||||||||
Interest and other | 215,378 | |||||||||||||
5,975,981 | ||||||||||||||
Expenses | ||||||||||||||
Interest | 1,353,678 | |||||||||||||
Depreciation and amortization | 1,514,134 | |||||||||||||
Taxes and insurance | 694,880 | |||||||||||||
Repairs and maintenance | 1,036,070 | |||||||||||||
Operating expenses | 1,960,941 | |||||||||||||
Impairment loss | - | |||||||||||||
Other expenses | 49,726 | |||||||||||||
6,609,429 | ||||||||||||||
NET INCOME (LOSS) | $ | -633,448 | ||||||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -585,312 | ||||||||||||
Net income (loss) allocated to other partners | $ | -48,136 | ||||||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
NOTES_RECEIVABLE
NOTES RECEIVABLE | 12 Months Ended | |||||||
Mar. 31, 2014 | ||||||||
Receivables [Abstract] | ' | |||||||
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | ' | |||||||
NOTE D - NOTES RECEIVABLE | ||||||||
Notes receivable at March 31, 2014 and 2013 consist of advance installments of $22,790Â and $69,698, respectively, of capital contributions to operating limited partnerships. The notes are comprised of noninterest bearing and interest bearing notes with rates ranging from 3.00% to prime + 1.00%. Prime was 3.25% as of March 31, 2014 and 2013. These notes are secured by future installments of capital contributions or paid upon demand. The notes at March 31, 2014 and 2013 by series are as follows: | ||||||||
2014 | 2013 | |||||||
Series 20 | $ | - | $ | - | ||||
Series 21 | - | - | ||||||
Series 22 | - | - | ||||||
Series 23 | - | - | ||||||
Series 24 | - | - | ||||||
Series 25 | - | - | ||||||
Series 26 | - | - | ||||||
Series 27 | - | - | ||||||
Series 28 | - | - | ||||||
Series 29 | - | - | ||||||
Series 30 | - | - | ||||||
Series 31 | - | - | ||||||
Series 32 | - | 46,908 | ||||||
Series 33 | - | - | ||||||
Series 34 | - | - | ||||||
Series 35 | - | - | ||||||
Series 36 | - | - | ||||||
Series 37 | - | - | ||||||
Series 38 | - | - | ||||||
Series 39 | - | - | ||||||
Series 40 | - | - | ||||||
Series 41 | - | - | ||||||
Series 42 | 22,790 | 22,790 | ||||||
Series 43 | - | - | ||||||
Series 44 | - | - | ||||||
Series 45 | - | - | ||||||
Series 46 | - | - | ||||||
$ | 22,790 | $ | 69,698 | Â | ||||
RECONCILIATION_OF_FINANCIAL_ST
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN | 12 Months Ended | ||||||||||
Mar. 31, 2014 | |||||||||||
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Abstract] | ' | ||||||||||
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Text Block] | ' | ||||||||||
NOTE E - RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN | |||||||||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Total | Series 20 | Series 21 | |||||||||
Net income (loss) for financial reporting purposes | $ | -4,310,963 | $ | 606,391 | $ | 3,069 | |||||
Operating limited partnership rents received in advance | -6,007 | - | -17 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -3,180,283 | -539,749 | -20,070 | ||||||||
Other | 14,775,748 | 992,434 | 316,382 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -16,299,042 | -366,227 | -98,321 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -6,231,944 | -74,539 | -177,554 | ||||||||
Impairment loss not recognized for tax purposes | 7,116,275 | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -10,529,310 | -288,923 | -83,572 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -18,665,526 | $ | 329,387 | $ | -60,083 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 22 | Series 23 | Series 24 | |||||||||
Net income (loss) for financial reporting purposes | $ | -98,478 | $ | -125,463 | $ | 1,625,695 | |||||
Operating limited partnership rents received in advance | - | - | 2,879 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -26,305 | 71,819 | -2,468,363 | ||||||||
Other | 972,788 | 197,451 | 1,989,051 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -264,711 | -361,723 | -241,279 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -69,076 | -227,036 | -30,246 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -136,555 | -14,194 | -1,636,274 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | 377,663 | $ | -459,146 | $ | -758,537 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 25 | Series 26 | Series 27 | |||||||||
Net income (loss) for financial reporting purposes | $ | -59,679 | $ | 2,736,763 | $ | 2,385,674 | |||||
Operating limited partnership rents received in advance | - | -449 | 136 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | - | -499,347 | -1,559,279 | ||||||||
Other | 593,391 | 3,879,632 | 1,619,880 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -43,041 | -842,204 | -277,730 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -138,555 | -214,874 | -181,302 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -386,563 | -4,213,369 | -1,123,176 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -34,447 | $ | 846,152 | $ | 864,203 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 28 | Series 29 | Series 30 | |||||||||
Net income (loss) for financial reporting purposes | $ | 992,304 | $ | 68,179 | $ | -170,958 | |||||
Operating limited partnership rents received in advance | -50 | -3,627 | 7,664 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -870,954 | 75,854 | 155,148 | ||||||||
Other | 863,713 | -2,703,508 | 80,092 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -953,311 | -1,065,191 | -621,294 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -222,830 | -294,360 | -176,205 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -292,930 | -308,456 | -22,236 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -484,058 | $ | -4,231,109 | $ | -747,789 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 31 | Series 32 | Series 33 | |||||||||
Net income (loss) for financial reporting purposes | $ | 337,127 | $ | -196,777 | $ | -130,088 | |||||
Operating limited partnership rents received in advance | - | -2,419 | -466 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 279,204 | 270,411 | 123,408 | ||||||||
Other | -565,343 | 899,882 | 78,067 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,155,732 | -1,433,129 | -566,103 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -444,727 | -208,100 | -140,906 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -597,142 | -64,279 | -28,128 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -2,146,613 | $ | -734,411 | $ | -664,216 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 34 | Series 35 | Series 36 | |||||||||
Net income (loss) for financial reporting purposes | $ | -37,107 | $ | -25,674 | $ | -121,517 | |||||
Operating limited partnership rents received in advance | -3,831 | 15,521 | - | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 256,596 | 202,082 | -867,520 | ||||||||
Other | 121,042 | 135,633 | 4,218,381 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,227,938 | -688,552 | -489,323 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -177,657 | -254,172 | -158,926 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -216,769 | -256,794 | -104,445 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -1,285,664 | $ | -871,956 | $ | 2,476,650 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 37 | Series 38 | Series 39 | |||||||||
Net income (loss) for financial reporting purposes | $ | -187,483 | $ | -103,034 | $ | -135,596 | |||||
Operating limited partnership rents received in advance | -18,883 | -6,905 | -6,903 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 204,864 | 164,400 | 136,800 | ||||||||
Other | 1,190,800 | 358,421 | 337,442 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,423,309 | -447,771 | -594,093 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -189,389 | -396,454 | -286,803 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -97,290 | -89,091 | -103,140 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -520,690 | $ | -520,434 | $ | -652,293 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 40 | Series 41 | Series 42 | |||||||||
Net income (loss) for financial reporting purposes | $ | -207,935 | $ | -165,403 | $ | -578,220 | |||||
Operating limited partnership rents received in advance | 2,625 | -702 | -1,127 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 200,016 | 185,732 | 198,700 | ||||||||
Other | -20,535 | 175,191 | 508,920 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -726,480 | -621,885 | -792,226 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -202,424 | -294,646 | -288,776 | ||||||||
Impairment loss not recognized for tax purposes | - | - | 212,553 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -116,716 | -230,907 | -54,300 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -1,071,449 | $ | -952,620 | $ | -794,476 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 43 | Series 44 | Series 45 | |||||||||
Net income (loss) for financial reporting purposes | $ | -1,582,420 | $ | -2,529,532 | $ | -3,485,593 | |||||
Operating limited partnership rents received in advance | -908 | 2,360 | - | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 306,780 | 277,353 | 312,609 | ||||||||
Other | 65,862 | -1,448,171 | -251,745 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -547,642 | -372,037 | -57,205 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -317,839 | -341,059 | -243,079 | ||||||||
Impairment loss not recognized for tax purposes | 972,475 | 1,696,224 | 2,293,749 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -99,277 | 183,685 | -29,551 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -1,202,969 | $ | -2,531,177 | $ | -1,460,815 | Â | ||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 46 | |||||||||||
Net income (loss) for financial reporting purposes | $ | -3,125,208 | |||||||||
Operating limited partnership rents received in advance | 9,095 | ||||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 249,528 | ||||||||||
Other | 170,595 | ||||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -20,585 | ||||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -480,410 | ||||||||||
Impairment loss not recognized for tax purposes | 1,941,274 | ||||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | ||||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -118,918 | ||||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -1,374,629 | |||||||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Total | Series 20 | Series 21 | |||||||||
Net income (loss) for financial reporting purposes | $ | -9,286,324 | $ | -132,037 | $ | -94,652 | |||||
Operating limited partnership rents received in advance | 27,748 | -9,847 | 20,766 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -1,085,849 | -182,010 | -7,920 | ||||||||
Other | 5,372,512 | 1,187,690 | 954,139 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -20,689,989 | -220,356 | -86,888 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -6,562,753 | -88,946 | -176,857 | ||||||||
Impairment loss not recognized for tax purposes | 9,932,388 | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | 3,255,938 | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -10,320,275 | -633,924 | -108,953 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -29,356,604 | $ | -79,430 | $ | 499,635 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 22 | Series 23 | Series 24 | |||||||||
Net income (loss) for financial reporting purposes | $ | 173,710 | $ | 7,680 | $ | 1,665,868 | |||||
Operating limited partnership rents received in advance | - | - | -995 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -106,926 | 50,289 | -199,408 | ||||||||
Other | 482,776 | -7,338 | 1,435,560 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -159,268 | -178,090 | -428,611 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -82,051 | -221,153 | -79,286 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -193,569 | -78,968 | -1,789,948 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | 114,672 | $ | -427,580 | $ | 603,180 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 25 | Series 26 | Series 27 | |||||||||
Net income (loss) for financial reporting purposes | $ | 3,048,059 | $ | 1,778,373 | $ | 416,424 | |||||
Operating limited partnership rents received in advance | - | - | -26 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -914,217 | -2,061,461 | -571,566 | ||||||||
Other | 1,257,686 | -2,342,668 | -468,704 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -130,543 | -900,257 | -262,813 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -93,726 | -384,543 | -303,209 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -4,074,777 | -667,681 | -793,118 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -907,518 | $ | -4,578,237 | $ | -1,983,012 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 28 | Series 29 | Series 30 | |||||||||
Net income (loss) for financial reporting purposes | $ | 145,521 | $ | -445,991 | $ | -99,836 | |||||
Operating limited partnership rents received in advance | -203 | 7,127 | - | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -83,328 | 281,404 | 65,063 | ||||||||
Other | -532,107 | 34,138 | 548,253 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -888,944 | -1,439,168 | -680,994 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -279,724 | -362,360 | -174,505 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -88,847 | 45,923 | -94,152 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -1,727,632 | $ | -1,878,927 | $ | -436,171 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 31 | Series 32 | Series 33 | |||||||||
Net income (loss) for financial reporting purposes | $ | -173,701 | $ | -250,554 | $ | -123,940 | |||||
Operating limited partnership rents received in advance | -2,488 | -112 | 498 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 222,463 | 181,115 | 48,408 | ||||||||
Other | 445,811 | 515,613 | 52,777 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -2,070,330 | -1,389,322 | -615,022 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -472,089 | -230,122 | -149,574 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -47,842 | -99,306 | -29,581 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -2,098,176 | $ | -1,272,688 | $ | -816,434 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 34 | Series 35 | Series 36 | |||||||||
Net income (loss) for financial reporting purposes | $ | -241,582 | $ | -229,818 | $ | 1,171,987 | |||||
Operating limited partnership rents received in advance | 3,672 | - | 1,032 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 274,896 | 213,030 | 104,061 | ||||||||
Other | 1,201,511 | -406,637 | 483,466 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,312,415 | -767,266 | -478,049 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -189,537 | -275,425 | -147,886 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -71,194 | -148,045 | -918,088 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -334,649 | $ | -1,614,161 | $ | 216,523 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 37 | Series 38 | Series 39 | |||||||||
Net income (loss) for financial reporting purposes | $ | -195,816 | $ | -143,068 | $ | -254,218 | |||||
Operating limited partnership rents received in advance | -512 | 3,332 | 2,031 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 104,864 | 64,400 | 86,800 | ||||||||
Other | 309,920 | 139,501 | 138,327 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,554,735 | -446,193 | -607,980 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -170,075 | -388,648 | -269,222 | ||||||||
Impairment loss not recognized for tax purposes | - | - | 31,426 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -92,399 | -135,875 | -94,884 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -1,598,753 | $ | -906,551 | $ | -967,720 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 40 | Series 41 | Series 42 | |||||||||
Net income (loss) for financial reporting purposes | $ | -506,558 | $ | -1,379,525 | $ | -1,816,283 | |||||
Operating limited partnership rents received in advance | 1,336 | 583 | 880 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 200,016 | 213,068 | 99,240 | ||||||||
Other | 236,679 | 167,716 | 53,575 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -419,385 | -333,869 | -527,871 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -193,586 | -244,603 | -249,496 | ||||||||
Impairment loss not recognized for tax purposes | 159,516 | 686,802 | 1,141,092 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -130,421 | -21,986 | -51,368 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -652,403 | $ | -911,814 | $ | -1,350,231 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 43 | Series 44 | Series 45 | |||||||||
Net income (loss) for financial reporting purposes | $ | -2,884,319 | $ | -1,930,330 | $ | -3,626,224 | |||||
Operating limited partnership rents received in advance | 674 | - | - | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 281,780 | 259,700 | 140,862 | ||||||||
Other | -245,073 | -491,708 | 352,267 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -134,805 | -4,133,937 | -522,878 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -211,864 | -334,458 | -349,757 | ||||||||
Impairment loss not recognized for tax purposes | 2,181,276 | 981,206 | 2,475,746 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | 3,255,938 | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -58,003 | 256,128 | -120,732 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -1,070,334 | $ | -2,137,461 | $ | -1,650,716 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 46 | |||||||||||
Net income (loss) for financial reporting purposes | $ | -3,165,494 | |||||||||
Operating limited partnership rents received in advance | - | ||||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 149,528 | ||||||||||
Other | -130,658 | ||||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | - | ||||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -440,051 | ||||||||||
Impairment loss not recognized for tax purposes | 2,275,324 | ||||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | ||||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -78,665 | ||||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -1,390,016 | |||||||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Total | Series 20 | Series 21 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 76,082,802 | $ | -2,870,528 | $ | -1,734,996 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 87,884,506 | 3,054,043 | 2,584,152 | ||||||||
Impairment loss in investment in operating limited partnerships | -216,038,394 | -1,333,677 | -118,301 | ||||||||
Historic tax credits - cumulative | 978,267 | 570,617 | - | ||||||||
Less share of loss - three months ended March 31, 2014 | -1,117,450 | -90,622 | -221,074 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 57,538,970 | 670,167 | -509,781 | ||||||||
Investments in operating limited partnerships - as reported | $ | 5,328,701 | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 22 | Series 23 | Series 24 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | -2,216,485 | $ | 656,490 | $ | -911,837 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 1,708,122 | 2,436,164 | 2,148,403 | ||||||||
Impairment loss in investment in operating limited partnerships | -1,618,823 | -6,353,837 | -1,636,215 | ||||||||
Historic tax credits - cumulative | 223,537 | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | -25,824 | -54,934 | -841 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,929,473 | 3,316,117 | 400,490 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 25 | Series 26 | Series 27 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 1,280,497 | $ | -3,510,773 | $ | -1,806,555 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 467,648 | 5,296,972 | 1,965,626 | ||||||||
Impairment loss in investment in operating limited partnerships | -3,245,521 | -4,338,427 | -4,558,902 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | -31,239 | -114,788 | -204,661 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,528,615 | 2,667,016 | 4,604,492 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 28 | Series 29 | Series 30 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 8,721,367 | $ | -3,533,205 | $ | 1,088,370 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 4,221,023 | 7,179,789 | 3,318,142 | ||||||||
Impairment loss in investment in operating limited partnerships | -16,476,882 | -5,875,856 | -6,613,997 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | -79,180 | -204,728 | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 3,613,672 | 2,434,000 | 2,207,485 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 31 | Series 32 | Series 33 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | -75,435 | $ | 6,429,738 | $ | 4,589,822 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 7,965,109 | 6,317,426 | 2,659,844 | ||||||||
Impairment loss in investment in operating limited partnerships | -11,182,057 | -14,763,087 | -9,162,728 | ||||||||
Historic tax credits - cumulative | - | 184,113 | - | ||||||||
Less share of loss - three months ended March 31, 2014 | -89,559 | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 3,381,942 | 1,831,810 | 1,913,062 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 34 | Series 35 | Series 36 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 3,558,773 | $ | 4,244,912 | $ | 4,233,303 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 5,821,899 | 3,511,421 | 1,659,966 | ||||||||
Impairment loss in investment in operating limited partnerships | -10,625,803 | -11,273,719 | -7,246,265 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,245,131 | 3,517,386 | 1,352,996 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 37 | Series 38 | Series 39 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 2,065,352 | $ | 6,284,314 | $ | 4,738,394 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 6,441,485 | 3,627,297 | 3,876,967 | ||||||||
Impairment loss in investment in operating limited partnerships | -7,792,558 | -10,527,541 | -7,438,510 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | -714,279 | 615,930 | -1,176,851 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 40 | Series 41 | Series 42 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 7,248,337 | $ | 768,256 | $ | 5,533,010 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 1,365,798 | 2,219,955 | 2,319,513 | ||||||||
Impairment loss in investment in operating limited partnerships | -10,639,800 | -7,005,127 | -10,428,111 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 2,025,665 | 4,016,916 | 2,575,588 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 43 | Series 44 | Series 45 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 7,665,048 | $ | 1,396,639 | $ | 12,010,027 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 2,380,028 | 3,122,647 | 194,482 | ||||||||
Impairment loss in investment in operating limited partnerships | -13,050,566 | -6,453,489 | -14,657,544 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 3,183,820 | 1,934,203 | 4,457,527 | ||||||||
Investments in operating limited partnerships - as reported | $ | 178,330 | $ | - | $ | 2,004,492 | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 46 | |||||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 10,229,967 | |||||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 20,585 | ||||||||||
Impairment loss in investment in operating limited partnerships | -11,621,051 | ||||||||||
Historic tax credits - cumulative | - | ||||||||||
Less share of loss - three months ended March 31, 2014 | - | ||||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | ||||||||||
Other | 4,516,378 | ||||||||||
Investments in operating limited partnerships - as reported | $ | 3,145,879 | |||||||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Total | Series 20 | Series 21 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 95,791,218 | $ | -2,702,097 | $ | -1,709,448 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 83,929,078 | 2,747,749 | 2,799,954 | ||||||||
Impairment loss in investment in operating limited partnerships | -226,099,776 | -1,648,785 | -118,301 | ||||||||
Historic tax credits - cumulative | 978,267 | 570,617 | - | ||||||||
Less share of loss - three months ended March 31, 2013 | -1,326,821 | -86,256 | -219,339 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | 3,256,264 | - | - | ||||||||
Other | 57,077,708 | 1,118,772 | -752,866 | ||||||||
Investments in operating limited partnerships - as reported | $ | 13,605,938 | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 22 | Series 23 | Series 24 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | -2,855,486 | $ | 1,047,798 | $ | -1,087,314 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 2,729,559 | 2,074,441 | 3,181,496 | ||||||||
Impairment loss in investment in operating limited partnerships | -1,725,087 | -6,344,121 | -2,395,773 | ||||||||
Historic tax credits - cumulative | 223,537 | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | -25,824 | -54,934 | -37,933 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,653,301 | 3,276,816 | 339,524 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 25 | Series 26 | Series 27 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 1,546,192 | $ | -3,672,336 | $ | -458,437 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 476,326 | 6,192,769 | 2,149,024 | ||||||||
Impairment loss in investment in operating limited partnerships | -3,403,453 | -5,322,693 | -6,453,941 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | -31,239 | -114,788 | -266,164 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,412,174 | 2,917,048 | 5,029,518 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 28 | Series 29 | Series 30 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 9,982,115 | $ | 878,137 | $ | 1,798,113 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 3,317,018 | 7,193,417 | 2,714,894 | ||||||||
Impairment loss in investment in operating limited partnerships | -16,711,233 | -10,932,738 | -6,609,159 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | -99,756 | -265,241 | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 3,511,856 | 3,126,425 | 2,096,152 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 31 | Series 32 | Series 33 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 2,105,367 | $ | 7,183,259 | $ | 5,219,230 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 7,706,614 | 5,680,810 | 2,093,741 | ||||||||
Impairment loss in investment in operating limited partnerships | -14,021,758 | -14,759,194 | -9,101,023 | ||||||||
Historic tax credits - cumulative | - | 184,113 | - | ||||||||
Less share of loss - three months ended March 31, 2013 | -125,347 | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 4,335,124 | 1,711,012 | 1,788,052 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
  | |||||||||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 34 | Series 35 | Series 36 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 4,847,738 | $ | 5,042,852 | $ | 667,274 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 4,593,961 | 2,825,313 | 1,170,643 | ||||||||
Impairment loss in investment in operating limited partnerships | -11,601,216 | -11,273,719 | -7,216,579 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 2,159,517 | 3,405,554 | 5,378,662 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 37 | Series 38 | Series 39 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 2,510,968 | $ | 6,780,035 | $ | 5,291,296 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 5,018,176 | 3,181,015 | 3,282,894 | ||||||||
Impairment loss in investment in operating limited partnerships | -8,855,671 | -10,498,790 | -7,420,197 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,326,527 | 537,740 | -1,153,993 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 40 | Series 41 | Series 42 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 8,209,133 | $ | 1,583,326 | $ | 6,214,105 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 639,318 | 1,480,788 | 1,497,482 | ||||||||
Impairment loss in investment in operating limited partnerships | -10,596,325 | -6,968,657 | -10,059,798 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,747,874 | 3,904,543 | 2,458,129 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | 109,918 | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 43 | Series 44 | Series 45 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 8,778,167 | $ | 3,800,040 | $ | 13,291,628 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 1,834,207 | 6,568,883 | 778,586 | ||||||||
Impairment loss in investment in operating limited partnerships | -11,853,725 | -8,041,733 | -12,456,025 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | 3,256,264 | - | ||||||||
Other | 2,709,259 | -4,504,236 | 3,339,358 | ||||||||
Investments in operating limited partnerships - as reported | $ | 1,467,908 | $ | 1,079,218 | $ | 4,953,547 | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 46 | |||||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 11,499,563 | |||||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | - | ||||||||||
Impairment loss in investment in operating limited partnerships | -9,710,082 | ||||||||||
Historic tax credits - cumulative | - | ||||||||||
Less share of loss - three months ended March 31, 2013 | - | ||||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | ||||||||||
Other | 4,205,866 | ||||||||||
Investments in operating limited partnerships - as reported | $ | 5,995,347 | |||||||||
CASH_EQUIVALENTS
CASH EQUIVALENTS | 12 Months Ended |
Mar. 31, 2014 | |
Cash and Cash Equivalents [Abstract] | ' |
Cash and Cash Equivalents Disclosure [Text Block] | ' |
NOTE F - CASH EQUIVALENTS | |
Cash equivalents of $12,772,584 and $10,128,188 as of March 31, 2014 and 2013, respectively, include money market accounts with interest rates ranging from 0.10% to 0.45% per annum. | |
CONCENTRATION_OF_CREDIT_RISK
CONCENTRATION OF CREDIT RISK | 12 Months Ended |
Mar. 31, 2014 | |
Risks and Uncertainties [Abstract] | ' |
Concentration Risk Disclosure [Text Block] | ' |
NOTE G - CONCENTRATION OF CREDIT RISK | |
The Fund maintains its cash and cash equivalent balances in several accounts in various financial institutions. The balances are generally insured by the Federal Deposit Insurance Corporation (FDIC) up to specified limits by each institution. At times, the balances may exceed these insurance limits; however, the Fund has not experienced any losses with respect to its balances in excess of FDIC insurance. Management believes that no significant concentration of credit risk with respect to these cash and cash equivalent balances exists as of March 31, 2014. | |
SUBSEQUENT_EVENTS
SUBSEQUENT EVENTS | 12 Months Ended |
Mar. 31, 2014 | |
Subsequent Events [Abstract] | ' |
Subsequent Events [Text Block] | ' |
NOTE H - SUBSEQUENT EVENTS | |
Subsequent to March 31, 2014, the Fund has entered into agreements to either sell or transfer its interests in six operating limited partnerships, all of which closed by June 2014. The sales price and other terms for the disposition of the operating limited partnerships has been determined. The proceeds received for the operating limited partnerships were $6,543,024. The gain on the sale of these operating limited partnerships was $6,430,401 and was recognized in the first quarter of the fiscal year ended 2015. | |
FAIR_VALUE_OF_FINANCIAL_INSTRU
FAIR VALUE OF FINANCIAL INSTRUMENTS | 12 Months Ended |
Mar. 31, 2014 | |
Fair Value Disclosures [Abstract] | ' |
Fair Value Disclosures [Text Block] | ' |
NOTE I - FAIR VALUE OF FINANCIAL INSTRUMENTS | |
The Fund’s financial instruments relate to notes receivable and accounts payable - affiliates. Management has not disclosed the fair value of these financial instruments because determination of such fair value is deemed to be impractical. The notes receivable and accounts payable - affiliates are due from or owed to affiliates of the Fund. The unique nature of these financial instruments makes determination of any fair value impractical. See notes B and D for disclosure of the carrying amount and terms of these financial instruments. | |
ORGANIZATION_AND_SUMMARY_OF_SI1
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 12 Months Ended | ||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||
Accounting Policies [Abstract] | ' | ||||||||||||||||
Investment In Operating Limited Partnerships [Policy Text Block] | ' | ||||||||||||||||
Investments in Operating Limited Partnerships | |||||||||||||||||
The Fund accounts for its investments in operating limited partnerships using the equity method, whereby the Fund adjusts its investment cost for its share of each operating limited partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes the individual operating limited partnership’s losses only to the extent that the Fund’s share of losses from the operating limited partnerships does not exceed the carrying amount of its investment and its advances to operating limited partnerships. Unrecognized losses are suspended and offset against future individual operating limited partnership income. | |||||||||||||||||
After the investment account is reduced to zero, receivables due from the operating limited partnerships are decreased by the partnership’s share of losses and, accordingly, a valuation allowance is recorded against the receivables. Accordingly, the Fund recorded a valuation allowance of $571,985 and $571,905 as of March 31, 2014 and 2013, respectively. | |||||||||||||||||
The Fund reviews its investment in operating limited partnerships for impairment whenever events or changes in circumstances indicate that the carrying amount of such investments may not be recoverable. Recoverability is measured by a comparison of the carrying amount of the investment to the sum of the total amount of the remaining tax credits and the estimated residual value of the investment. The Fund also evaluates its intangibles for impairment in connection with its investments in operating limited partnerships. Impairment losses have been recognized for the years ended March 31, 2014 and 2013 of $7,116,275 and $9,932,388, respectively. | |||||||||||||||||
Capital contributions to operating limited partnerships are adjusted by tax credit adjusters. Tax credit adjusters are defined as adjustments to operating limited partnership capital contributions due to reductions in actual tax credits from those originally projected. The Fund records tax credit adjusters as a reduction in investments in operating limited partnerships and capital contributions payable. | |||||||||||||||||
The operating limited partnerships maintain their financial statements based on a calendar year and the fund utilizes a March 31 year end. The Fund records losses and income from the operating limited partnerships on a calendar year basis which is not materially different from losses and income generated if the operating limited partnerships utilized a March 31 year end. | |||||||||||||||||
The Fund records capital contributions payable to the operating limited partnerships once there is a binding obligation to fund a specified amount. The operating limited partnerships record capital contributions from the fund when received. | |||||||||||||||||
  | |||||||||||||||||
Prior to January 1, 1999, the Fund recorded acquisition costs as an increase in its investments in operating limited partnerships. These costs were amortized by the operating limited partnerships over 27.5 years on the straight-line method. Certain operating limited partnerships have not recorded the acquisition costs as a capital contribution from the fund. These differences are shown as reconciling items in note C. As of January 1, 1999, the Fund records acquisition costs incurred after January 1, 1999 as deferred acquisition costs. These costs are amortized on the straight-line method. | |||||||||||||||||
In accordance with the accounting guidance for the consolidation of variable interest entities, the Fund determines when it should include the assets, liabilities, and activities of a variable interest entity (VIE) in its financial statements, and when it should disclose information about its relationship with a VIE. A VIE is a legal structure used to conduct activities or hold assets, which must be consolidated by a company if it is the primary beneficiary because it has (1) the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance and (2) the obligation to absorb losses or receive benefits that could potentially be significant to the VIE. If multiple unrelated parties share such power, as defined, no party is required to consolidate the VIE. | |||||||||||||||||
The Fund determines whether an entity is a VIE and whether it is the primary beneficiary at the date of initial involvement with the entity. The Fund reassesses whether it is the primary beneficiary of a VIE on an ongoing basis based on changes in facts and circumstances. In determining whether it is the primary beneficiary, the Partnership considers the purpose and activities of the VIE, including the variability and related risks the VIE incurs and transfers to other entities and their related parties. These factors are considered in determining whether the Fund has the power to direct activities of the VIE that most significantly impact the VIE’s economic performance and whether the Fund also has the obligation to absorb losses of or receive benefits from the VIE that could be potentially significant to the VIE. If the Fund determines that it is the primary beneficiary of the VIE, the VIE is consolidated within the Partnership’s financial statements. | |||||||||||||||||
Based on this guidance, the operating limited partnerships in which the Fund invests meet the definition of a VIE. However, management does not consolidate the Fund’s interests in these VIEs under this guidance, as it is not considered to be the primary beneficiary. The Fund currently records the amount of its investment in these operating limited partnerships as an asset on its balance sheets, recognizes its share of the operating limited partnership income or losses in the statements of operations, and discloses how it accounts for material types of these investments in its financial statements. The Fund’s balance in investment in operating limited partnerships, advances to operating limited partnerships, plus the risk of recapture of tax credits previously recognized on these investments, represents its maximum exposure to loss. The Fund’s exposure to loss on these operating limited partnerships is mitigated by the condition and financial performance of the underlying properties as well as the strength of the operating limited partnerships' general partners and their guarantee against credit recapture. | |||||||||||||||||
Capitalization of Deferred Policy Acquisition Costs, Policy [Policy Text Block] | ' | ||||||||||||||||
Deferred Acquisition Costs | |||||||||||||||||
Acquisition costs were amortized on the straight-line method over 27.5 years. As of March 31, 2014 and 2013, an impairment loss of $1,139,623 and $147,078, respectively, was recorded and the lives of the remaining acquisition costs were reassessed. | |||||||||||||||||
Accumulated amortization as of March 31, 2014 and 2013, as well as the March 31, 2014 and 2013 impairments and the remaining lives are as follows: | |||||||||||||||||
Accumulated | Accumulated | Acquisition Costs | Acquisition Costs | Remaining Life | |||||||||||||
Amortization | Amortization | Impairment | Impairment | Acquistion Costs | |||||||||||||
2014 | 2013 | 2014 | 2013 | Years | |||||||||||||
Series 20 | $ | - | $ | - | $ | - | $ | - | - | ||||||||
Series 21 | - | - | - | - | - | ||||||||||||
Series 22 | - | - | - | - | - | ||||||||||||
Series 23 | - | - | - | - | - | ||||||||||||
Series 24 | - | - | - | - | - | ||||||||||||
Series 25 | - | - | - | - | - | ||||||||||||
Series 26 | - | - | - | - | - | ||||||||||||
Series 27 | - | 261,567 | - | - | - | ||||||||||||
Series 28 | - | - | - | - | - | ||||||||||||
Series 29 | - | - | - | - | - | ||||||||||||
Series 30 | - | - | - | - | - | ||||||||||||
Series 31 | - | - | - | - | - | ||||||||||||
Series 32 | - | - | - | - | - | ||||||||||||
Series 33 | - | - | - | - | - | ||||||||||||
Series 34 | - | - | - | - | - | ||||||||||||
Series 35 | - | - | - | - | - | ||||||||||||
Series 36 | - | - | - | - | - | ||||||||||||
Series 37 | - | - | - | - | - | ||||||||||||
Series 38 | - | - | - | - | - | ||||||||||||
Series 39 | - | - | - | - | - | ||||||||||||
Series 40 | - | - | - | - | - | ||||||||||||
Series 41 | - | - | - | 113,304 | - | ||||||||||||
Series 42 | - | 69,160 | 207,482 | - | - | ||||||||||||
Series 43 | 133,584 | 66,792 | - | - | 3 | ||||||||||||
Series 44 | - | 1,131,199 | 848,390 | - | - | ||||||||||||
Series 45 | - | 17,816 | 53,446 | - | - | ||||||||||||
Series 46 | - | - | 30,305 | 33,774 | - | ||||||||||||
$ | 133,584 | $ | 1,546,534 | $ | 1,139,623 | $ | 147,078 | ||||||||||
The annual amortization for deferred acquisition costs for the years 2015, 2016 and 2017 are estimated to be $66,792. | |||||||||||||||||
Income Tax, Policy [Policy Text Block] | ' | ||||||||||||||||
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 funds’s federal tax status as a pass-through entity is based on its legal status as a partnership. Accordingly, the Fund is not required to take any tax positions in order to qualify as a pass-through entity. The Fund is required to file and does file tax returns with the Internal Revenue Service and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Fund has no other tax positions which must be considered for disclosure. Income tax returns filed by the Fund are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2010 remain open. | |||||||||||||||||
Cash and Cash Equivalents, Policy [Policy Text Block] | ' | ||||||||||||||||
Cash and Cash Equivalents | |||||||||||||||||
Cash equivalents include money market accounts having original maturities at date of acquisition of three months or less. The carrying value approximates fair value because of the short maturity of these instruments. | |||||||||||||||||
Fiscal Period, Policy [Policy Text Block] | ' | ||||||||||||||||
Fiscal Year | |||||||||||||||||
For financial reporting purposes, the fund uses a March 31 year end, whereas for income tax reporting purposes, the fund uses a calendar year. The operating limited partnerships use a calendar year for both financial and income tax reporting. | |||||||||||||||||
Earnings Per Beneficial Assignee Partnership Unit [Policy Text Block] | ' | ||||||||||||||||
Net Loss Per Beneficial Assignee Certificate Unit | |||||||||||||||||
Net loss per beneficial assignee certificate unit is calculated based upon the weighted average number of units outstanding during the year or period. The weighted average number of units in each series at March 31, 2014 and 2013 are as follows: | |||||||||||||||||
2014 | 2013 | ||||||||||||||||
Series 20 | 3,865,450 | 3,865,700 | |||||||||||||||
Series 21 | 1,890,075 | 1,890,700 | |||||||||||||||
Series 22 | 2,563,650 | 2,564,400 | |||||||||||||||
Series 23 | 3,336,602 | 3,336,727 | |||||||||||||||
Series 24 | 2,169,628 | 2,169,878 | |||||||||||||||
Series 25 | 3,025,609 | 3,025,609 | |||||||||||||||
Series 26 | 3,995,200 | 3,995,667 | |||||||||||||||
Series 27 | 2,460,700 | 2,460,700 | |||||||||||||||
Series 28 | 4,000,113 | 4,000,238 | |||||||||||||||
Series 29 | 3,991,675 | 3,991,800 | |||||||||||||||
Series 30 | 2,651,000 | 2,651,000 | |||||||||||||||
Series 31 | 4,417,332 | 4,417,857 | |||||||||||||||
Series 32 | 4,753,240 | 4,753,698 | |||||||||||||||
Series 33 | 2,635,533 | 2,636,200 | |||||||||||||||
Series 34 | 3,529,069 | 3,529,319 | |||||||||||||||
Series 35 | 3,300,038 | 3,300,463 | |||||||||||||||
Series 36 | 2,106,255 | 2,106,838 | |||||||||||||||
Series 37 | 2,512,500 | 2,512,500 | |||||||||||||||
Series 38 | 2,543,100 | 2,543,100 | |||||||||||||||
Series 39 | 2,292,151 | 2,292,151 | |||||||||||||||
Series 40 | 2,630,256 | 2,630,256 | |||||||||||||||
Series 41 | 2,891,626 | 2,891,626 | |||||||||||||||
Series 42 | 2,744,262 | 2,744,262 | |||||||||||||||
Series 43 | 3,637,987 | 3,637,987 | |||||||||||||||
Series 44 | 2,701,973 | 2,701,973 | |||||||||||||||
Series 45 | 4,014,367 | 4,014,367 | |||||||||||||||
Series 46 | 2,980,998 | 2,980,998 | |||||||||||||||
83,640,389 | 83,646,014 | ||||||||||||||||
Use of Estimates, Policy [Policy Text Block] | ' | ||||||||||||||||
Use of Estimates | |||||||||||||||||
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. | |||||||||||||||||
ORGANIZATION_AND_SUMMARY_OF_SI2
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended | ||||||||||||||||
Mar. 31, 2014 | |||||||||||||||||
Organization, Consolidation and Presentation Of Financial Statements [Abstract] | ' | ||||||||||||||||
Schedule of Limited Partners' Capital Account by Class [Table Text Block] | ' | ||||||||||||||||
The BACs issued and outstanding in each series as of March 31, 2014 and 2013 are as follows: | |||||||||||||||||
Issued | Outstanding | ||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
Series 20 | 3,866,700 | 3,866,700 | 3,864,700 | 3,865,700 | |||||||||||||
Series 21 | 1,892,700 | 1,892,700 | 1,888,200 | 1,890,700 | |||||||||||||
Series 22 | 2,564,400 | 2,564,400 | 2,561,400 | 2,564,400 | |||||||||||||
Series 23 | 3,336,727 | 3,336,727 | 3,336,227 | 3,336,727 | |||||||||||||
Series 24 | 2,169,878 | 2,169,878 | 2,168,878 | 2,169,878 | |||||||||||||
Series 25 | 3,026,109 | 3,026,109 | 3,025,609 | 3,025,609 | |||||||||||||
Series 26 | 3,995,900 | 3,995,900 | 3,995,200 | 3,995,200 | |||||||||||||
Series 27 | 2,460,700 | 2,460,700 | 2,460,700 | 2,460,700 | |||||||||||||
Series 28 | 4,000,738 | 4,000,738 | 3,999,738 | 4,000,238 | |||||||||||||
Series 29 | 3,991,800 | 3,991,800 | 3,991,300 | 3,991,800 | |||||||||||||
Series 30 | 2,651,000 | 2,651,000 | 2,651,000 | 2,651,000 | |||||||||||||
Series 31 | 4,417,857 | 4,417,857 | 4,415,757 | 4,417,857 | |||||||||||||
Series 32 | 4,754,198 | 4,754,198 | 4,751,198 | 4,753,698 | |||||||||||||
Series 33 | 2,636,533 | 2,636,533 | 2,635,533 | 2,635,533 | |||||||||||||
Series 34 | 3,529,319 | 3,529,319 | 3,528,319 | 3,529,319 | |||||||||||||
Series 35 | 3,300,463 | 3,300,463 | 3,298,763 | 3,300,463 | |||||||||||||
Series 36 | 2,106,838 | 2,106,838 | 2,104,504 | 2,106,838 | |||||||||||||
Series 37 | 2,512,500 | 2,512,500 | 2,512,500 | 2,512,500 | |||||||||||||
Series 38 | 2,543,100 | 2,543,100 | 2,543,100 | 2,543,100 | |||||||||||||
Series 39 | 2,292,151 | 2,292,151 | 2,292,151 | 2,292,151 | |||||||||||||
Series 40 | 2,630,256 | 2,630,256 | 2,630,256 | 2,630,256 | |||||||||||||
Series 41 | 2,891,626 | 2,891,626 | 2,891,626 | 2,891,626 | |||||||||||||
Series 42 | 2,744,262 | 2,744,262 | 2,744,262 | 2,744,262 | |||||||||||||
Series 43 | 3,637,987 | 3,637,987 | 3,637,987 | 3,637,987 | |||||||||||||
Series 44 | 2,701,973 | 2,701,973 | 2,701,973 | 2,701,973 | |||||||||||||
Series 45 | 4,014,367 | 4,014,367 | 4,014,367 | 4,014,367 | |||||||||||||
Series 46 | 2,980,998 | 2,980,998 | 2,980,998 | 2,980,998 | |||||||||||||
83,651,080 | 83,651,080 | 83,626,246 | 83,644,880 | ||||||||||||||
Schedule Of Accumulated Amortization Of Acquisition Costs [Table Text Block] | ' | ||||||||||||||||
Accumulated amortization as of March 31, 2014 and 2013, as well as the March 31, 2014 and 2013 impairments and the remaining lives are as follows: | |||||||||||||||||
Accumulated | Accumulated | Acquisition Costs | Acquisition Costs | Remaining Life | |||||||||||||
Amortization | Amortization | Impairment | Impairment | Acquistion Costs | |||||||||||||
2014 | 2013 | 2014 | 2013 | Years | |||||||||||||
Series 20 | $ | - | $ | - | $ | - | $ | - | - | ||||||||
Series 21 | - | - | - | - | - | ||||||||||||
Series 22 | - | - | - | - | - | ||||||||||||
Series 23 | - | - | - | - | - | ||||||||||||
Series 24 | - | - | - | - | - | ||||||||||||
Series 25 | - | - | - | - | - | ||||||||||||
Series 26 | - | - | - | - | - | ||||||||||||
Series 27 | - | 261,567 | - | - | - | ||||||||||||
Series 28 | - | - | - | - | - | ||||||||||||
Series 29 | - | - | - | - | - | ||||||||||||
Series 30 | - | - | - | - | - | ||||||||||||
Series 31 | - | - | - | - | - | ||||||||||||
Series 32 | - | - | - | - | - | ||||||||||||
Series 33 | - | - | - | - | - | ||||||||||||
Series 34 | - | - | - | - | - | ||||||||||||
Series 35 | - | - | - | - | - | ||||||||||||
Series 36 | - | - | - | - | - | ||||||||||||
Series 37 | - | - | - | - | - | ||||||||||||
Series 38 | - | - | - | - | - | ||||||||||||
Series 39 | - | - | - | - | - | ||||||||||||
Series 40 | - | - | - | - | - | ||||||||||||
Series 41 | - | - | - | 113,304 | - | ||||||||||||
Series 42 | - | 69,160 | 207,482 | - | - | ||||||||||||
Series 43 | 133,584 | 66,792 | - | - | 3 | ||||||||||||
Series 44 | - | 1,131,199 | 848,390 | - | - | ||||||||||||
Series 45 | - | 17,816 | 53,446 | - | - | ||||||||||||
Series 46 | - | - | 30,305 | 33,774 | - | ||||||||||||
$ | 133,584 | $ | 1,546,534 | $ | 1,139,623 | $ | 147,078 | ||||||||||
Schedule Of Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Table Text Block] | ' | ||||||||||||||||
The weighted average number of units in each series at March 31, 2014 and 2013 are as follows: | |||||||||||||||||
2014 | 2013 | ||||||||||||||||
Series 20 | 3,865,450 | 3,865,700 | |||||||||||||||
Series 21 | 1,890,075 | 1,890,700 | |||||||||||||||
Series 22 | 2,563,650 | 2,564,400 | |||||||||||||||
Series 23 | 3,336,602 | 3,336,727 | |||||||||||||||
Series 24 | 2,169,628 | 2,169,878 | |||||||||||||||
Series 25 | 3,025,609 | 3,025,609 | |||||||||||||||
Series 26 | 3,995,200 | 3,995,667 | |||||||||||||||
Series 27 | 2,460,700 | 2,460,700 | |||||||||||||||
Series 28 | 4,000,113 | 4,000,238 | |||||||||||||||
Series 29 | 3,991,675 | 3,991,800 | |||||||||||||||
Series 30 | 2,651,000 | 2,651,000 | |||||||||||||||
Series 31 | 4,417,332 | 4,417,857 | |||||||||||||||
Series 32 | 4,753,240 | 4,753,698 | |||||||||||||||
Series 33 | 2,635,533 | 2,636,200 | |||||||||||||||
Series 34 | 3,529,069 | 3,529,319 | |||||||||||||||
Series 35 | 3,300,038 | 3,300,463 | |||||||||||||||
Series 36 | 2,106,255 | 2,106,838 | |||||||||||||||
Series 37 | 2,512,500 | 2,512,500 | |||||||||||||||
Series 38 | 2,543,100 | 2,543,100 | |||||||||||||||
Series 39 | 2,292,151 | 2,292,151 | |||||||||||||||
Series 40 | 2,630,256 | 2,630,256 | |||||||||||||||
Series 41 | 2,891,626 | 2,891,626 | |||||||||||||||
Series 42 | 2,744,262 | 2,744,262 | |||||||||||||||
Series 43 | 3,637,987 | 3,637,987 | |||||||||||||||
Series 44 | 2,701,973 | 2,701,973 | |||||||||||||||
Series 45 | 4,014,367 | 4,014,367 | |||||||||||||||
Series 46 | 2,980,998 | 2,980,998 | |||||||||||||||
83,640,389 | 83,646,014 | ||||||||||||||||
RELATED_PARTY_TRANSACTIONS_Tab
RELATED PARTY TRANSACTIONS (Tables) | 12 Months Ended | ||||||||||
Mar. 31, 2014 | |||||||||||
Related Party Transactions [Abstract] | ' | ||||||||||
Schedule Of Fund Management Fee and Reporting Fee [Table Text Block] | ' | ||||||||||
The fund management fees net of reporting fees incurred and the reporting fees paid by the Operating Partnerships for the years ended March 31, 2014 and 2013, are as follows: | |||||||||||
2014 | |||||||||||
Gross Fund | Asset Management | Fund Management Fee net | |||||||||
Management Fee | and Reporting Fee | of Asset Management and | |||||||||
Reporting Fee | |||||||||||
Series 20 | $ | 88,653 | $ | 11,304 | $ | 77,349 | |||||
Series 21 | 58,930 | 3,676 | 55,254 | ||||||||
Series 22 | 64,070 | 5,000 | 59,070 | ||||||||
Series 23 | 90,719 | 6,500 | 84,219 | ||||||||
Series 24 | 91,732 | 111,298 | -19,566 | ||||||||
Series 25 | 47,508 | 9,612 | 37,896 | ||||||||
Series 26 | 208,009 | 187,315 | 20,694 | ||||||||
Series 27 | 204,780 | 78,159 | 126,621 | ||||||||
Series 28 | 277,316 | 120,474 | 156,842 | ||||||||
Series 29 | 307,485 | 59,597 | 247,888 | ||||||||
Series 30 | 155,148 | 19,861 | 135,287 | ||||||||
Series 31 | 329,204 | 62,574 | 266,630 | ||||||||
Series 32 | 271,860 | 61,166 | 210,694 | ||||||||
Series 33 | 123,408 | 16,389 | 107,019 | ||||||||
Series 34 | 256,596 | 17,321 | 239,275 | ||||||||
Series 35 | 202,082 | 52,603 | 149,479 | ||||||||
Series 36 | 132,480 | 19,023 | 113,457 | ||||||||
Series 37 | 204,864 | 20,389 | 184,475 | ||||||||
Series 38 | 164,400 | 22,599 | 141,801 | ||||||||
Series 39 | 136,800 | 17,748 | 119,052 | ||||||||
Series 40 | 200,016 | 21,590 | 178,426 | ||||||||
Series 41 | 237,732 | 38,056 | 199,676 | ||||||||
Series 42 | 248,700 | 63,265 | 185,435 | ||||||||
Series 43 | 306,780 | 60,352 | 246,428 | ||||||||
Series 44 | 277,353 | 52,403 | 224,950 | ||||||||
Series 45 | 363,051 | 54,934 | 308,117 | ||||||||
Series 46 | 249,528 | 36,531 | 212,997 | ||||||||
$ | 5,299,204 | $ | 1,229,739 | $ | 4,069,465 | ||||||
  | |||||||||||
2013 | |||||||||||
Gross Fund | Asset Management | Fund Management Fee | |||||||||
Management Fee | and Reporting Fee | net of Asset | |||||||||
Management and | |||||||||||
Reporting Fee | |||||||||||
Series 20 | $ | 105,990 | $ | 10,885 | $ | 95,105 | |||||
Series 21 | 67,080 | 3,051 | 64,029 | ||||||||
Series 22 | 121,368 | 16,887 | 104,481 | ||||||||
Series 23 | 113,039 | 14,625 | 98,414 | ||||||||
Series 24 | 122,334 | 17,490 | 104,844 | ||||||||
Series 25 | 76,550 | 44,517 | 32,033 | ||||||||
Series 26 | 286,205 | 80,405 | 205,800 | ||||||||
Series 27 | 229,434 | 103,260 | 126,174 | ||||||||
Series 28 | 298,447 | 141,421 | 157,026 | ||||||||
Series 29 | 331,404 | 59,017 | 272,387 | ||||||||
Series 30 | 163,063 | 33,471 | 129,592 | ||||||||
Series 31 | 345,693 | 164,357 | 181,336 | ||||||||
Series 32 | 281,115 | 53,540 | 227,575 | ||||||||
Series 33 | 123,408 | 16,389 | 107,019 | ||||||||
Series 34 | 274,896 | 16,654 | 258,242 | ||||||||
Series 35 | 213,030 | 20,385 | 192,645 | ||||||||
Series 36 | 154,061 | 100,251 | 53,810 | ||||||||
Series 37 | 204,864 | 18,518 | 186,346 | ||||||||
Series 38 | 164,400 | 31,044 | 133,356 | ||||||||
Series 39 | 136,800 | 23,923 | 112,877 | ||||||||
Series 40 | 200,016 | 24,394 | 175,622 | ||||||||
Series 41 | 238,068 | 22,075 | 215,993 | ||||||||
Series 42 | 249,240 | 40,195 | 209,045 | ||||||||
Series 43 | 306,780 | 38,157 | 268,623 | ||||||||
Series 44 | 284,700 | 22,930 | 261,770 | ||||||||
Series 45 | 365,862 | 47,088 | 318,774 | ||||||||
Series 46 | 249,528 | 19,442 | 230,086 | ||||||||
$ | 5,707,375 | $ | 1,184,371 | $ | 4,523,004 | ||||||
Schedule Of Management Fees Paid [Table Text Block] | ' | ||||||||||
The fund management fees paid for the years ended March 31, 2014 and 2013, are as follows: | |||||||||||
2014 | 2013 | ||||||||||
Series 20 | $ | 628,402 | $ | 288,000 | |||||||
Series 21 | 79,000 | 75,000 | |||||||||
Series 22 | 90,375 | 228,294 | |||||||||
Series 23 | 18,900 | 62,750 | |||||||||
Series 24 | 2,560,095 | 321,742 | |||||||||
Series 25 | 47,508 | 990,767 | |||||||||
Series 26 | 707,356 | 2,347,666 | |||||||||
Series 27 | 1,764,059 | 801,000 | |||||||||
Series 28 | 1,148,270 | 381,775 | |||||||||
Series 29 | 231,631 | 50,000 | |||||||||
Series 30 | - | 98,000 | |||||||||
Series 31 | 50,000 | 123,230 | |||||||||
Series 32 | 1,449 | 100,000 | |||||||||
Series 33 | - | 75,000 | |||||||||
Series 34 | - | - | |||||||||
Series 35 | - | - | |||||||||
Series 36 | 1,000,000 | 50,000 | |||||||||
Series 37 | - | 100,000 | |||||||||
Series 38 | - | 100,000 | |||||||||
Series 39 | - | 50,000 | |||||||||
Series 40 | - | - | |||||||||
Series 41 | 52,000 | 25,000 | |||||||||
Series 42 | 50,000 | 150,000 | |||||||||
Series 43 | - | 25,000 | |||||||||
Series 44 | - | 25,000 | |||||||||
Series 45 | 50,442 | 225,000 | |||||||||
Series 46 | - | 100,000 | |||||||||
$ | 8,479,487 | $ | 6,793,224 | ||||||||
Schedule Of Advances From Affiliate [Table Text Block] | ' | ||||||||||
The total advances as of March 31, 2014 and 2013, are as follows: | |||||||||||
2014 | 2013 | ||||||||||
Series 20 | $ | - | $ | - | |||||||
Series 21 | - | - | |||||||||
Series 22 | - | - | |||||||||
Series 23 | - | - | |||||||||
Series 24 | - | - | |||||||||
Series 25 | - | - | |||||||||
Series 26 | - | - | |||||||||
Series 27 | - | - | |||||||||
Series 28 | - | - | |||||||||
Series 29 | - | - | |||||||||
Series 30 | - | - | |||||||||
Series 31 | - | - | |||||||||
Series 32 | - | - | |||||||||
Series 33 | 54,660 | 54,660 | |||||||||
Series 34 | 133,578 | 120,842 | |||||||||
Series 35 | - | - | |||||||||
Series 36 | - | - | |||||||||
Series 37 | - | - | |||||||||
Series 38 | - | - | |||||||||
Series 39 | 220,455 | 220,455 | |||||||||
Series 40 | 359,629 | 347,144 | |||||||||
Series 41 | 359,757 | 359,757 | |||||||||
Series 42 | 221,615 | 221,615 | |||||||||
Series 43 | - | - | |||||||||
Series 44 | 12,495 | - | |||||||||
Series 45 | 8,997 | - | |||||||||
Series 46 | - | - | |||||||||
$ | 1,371,186 | $ | 1,324,473 | ||||||||
Schedule Of General Administrative and Professional Fees [Table Text Block] | ' | ||||||||||
During the years ended March 31, 2014 and 2013, general and administrative expenses incurred by Boston Capital Partners, Inc., Boston Capital Holdings Limited Partnership and/or Boston Capital Asset Management Limited Partnership were charged to each series’ operations as follows: | |||||||||||
2014 | 2013 | ||||||||||
Series 20 | $ | 13,320 | $ | 17,507 | |||||||
Series 21 | 10,180 | 13,730 | |||||||||
Series 22 | 11,792 | 16,241 | |||||||||
Series 23 | 13,081 | 17,016 | |||||||||
Series 24 | 11,458 | 15,169 | |||||||||
Series 25 | 12,154 | 15,813 | |||||||||
Series 26 | 16,057 | 20,672 | |||||||||
Series 27 | 11,979 | 15,320 | |||||||||
Series 28 | 14,353 | 18,266 | |||||||||
Series 29 | 14,663 | 18,633 | |||||||||
Series 30 | 12,284 | 15,721 | |||||||||
Series 31 | 15,196 | 19,021 | |||||||||
Series 32 | 14,268 | 18,156 | |||||||||
Series 33 | 11,031 | 14,425 | |||||||||
Series 34 | 12,736 | 16,326 | |||||||||
Series 35 | 12,216 | 15,766 | |||||||||
Series 36 | 10,822 | 14,157 | |||||||||
Series 37 | 10,690 | 14,016 | |||||||||
Series 38 | 11,184 | 14,561 | |||||||||
Series 39 | 10,889 | 13,938 | |||||||||
Series 40 | 12,485 | 15,451 | |||||||||
Series 41 | 14,228 | 17,001 | |||||||||
Series 42 | 16,252 | 17,940 | |||||||||
Series 43 | 15,570 | 18,219 | |||||||||
Series 44 | 12,495 | 15,173 | |||||||||
Series 45 | 17,433 | 20,278 | |||||||||
Series 46 | 13,750 | 17,065 | |||||||||
$ | 352,566 | $ | 445,581 | ||||||||
INVESTMENTS_IN_OPERATING_LIMIT1
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS (Tables) | 12 Months Ended | |||||||||||||
Mar. 31, 2014 | ||||||||||||||
Investments In Operating Partnerships [Abstract] | ' | |||||||||||||
Schedule Of Number Of Operating Partnerships [Table Text Block] | ' | |||||||||||||
The number of operating limited partnerships in which the fund has limited partnership interests at March 31, 2014 and 2013 by series are as follows: | ||||||||||||||
2014 | 2013 | |||||||||||||
Series 20 | 8 | 11 | ||||||||||||
Series 21 | 4 | 5 | ||||||||||||
Series 22 | 8 | 10 | ||||||||||||
Series 23 | 11 | 11 | ||||||||||||
Series 24 | 7 | 13 | ||||||||||||
Series 25 | 6 | 7 | ||||||||||||
Series 26 | 24 | 31 | ||||||||||||
Series 27 | 10 | 13 | ||||||||||||
Series 28 | 19 | 20 | ||||||||||||
Series 29 | 17 | 21 | ||||||||||||
Series 30 | 16 | 16 | ||||||||||||
Series 31 | 22 | 25 | ||||||||||||
Series 32 | 14 | 15 | ||||||||||||
Series 33 | 8 | 8 | ||||||||||||
Series 34 | 12 | 13 | ||||||||||||
Series 35 | 10 | 10 | ||||||||||||
Series 36 | 9 | 9 | ||||||||||||
Series 37 | 7 | 7 | ||||||||||||
Series 38 | 10 | 10 | ||||||||||||
Series 39 | 9 | 9 | ||||||||||||
Series 40 | 16 | 16 | ||||||||||||
Series 41 | 19 | 20 | ||||||||||||
Series 42 | 21 | 21 | ||||||||||||
Series 43 | 23 | 23 | ||||||||||||
Series 44 | 8 | 10 | ||||||||||||
Series 45 | 28 | 30 | ||||||||||||
Series 46 | 15 | 15 | ||||||||||||
361 | 399 | |||||||||||||
Schedule Of Dispositions By Series [Table Text Block] | ' | |||||||||||||
During the year ended March 31, 2014 the Fund disposed of thirty eight Operating Partnerships. Gain on disposition is included in share of income (losses)Â from operating limited partnerships. A summary of the dispositions by Series for March 31, 2014 is as follows. | ||||||||||||||
Operating Partnership | Sale of Underlying | Partnership Proceeds | Gain on | |||||||||||
Interest Transferred | Operating | from Disposition * | Disposition | |||||||||||
Partnership | ||||||||||||||
Series 20 | 3 | - | $ | 722,000 | $ | 722,000 | ||||||||
Series 21 | 1 | - | 79,000 | 79,000 | ||||||||||
Series 22 | 2 | - | - | - | ||||||||||
Series 24 | 3 | 3 | 1,630,062 | 1,630,062 | ||||||||||
Series 25 | 1 | - | 618,889 | - | ||||||||||
Series 26 | 1 | 6 | 2,801,657 | 2,801,657 | ||||||||||
Series 27 | 2 | 1 | 2,508,394 | 2,508,394 | ||||||||||
Series 28 | 1 | - | 939,495 | 939,495 | ||||||||||
Series 29 | 2 | 2 | 342,694 | 344,656 | ||||||||||
Series 31 | 3 | - | 624,556 | 624,556 | ||||||||||
Series 32 | 1 | - | 3,428 | 3,428 | ||||||||||
Series 34 | 1 | - | 176,333 | 176,333 | ||||||||||
Series 41 | 1 | - | 52,000 | 52,000 | ||||||||||
Series 44 | - | 2 | - | - | ||||||||||
Series 45 | 1 | 1 | 1,044 | 1,044 | ||||||||||
Total | 23 | 15 | $ | 10,499,552 | $ | 9,882,625 | ||||||||
* Fund proceeds from disposition include $618,889 recorded as a receivable as of March 31, 2013, for Series 25. Proceeds from disposition does not include $1,962 which was due to a writeoff of capital contribution payable for Series 29. | ||||||||||||||
During the year ended March 31, 2013 the Fund disposed of forty six Operating Partnerships. Gain on disposition is included in share of income (losses)Â from operating limited partnerships. A summary of the dispositions by Series for March 31, 2013 is as follows. | ||||||||||||||
Operating Partnership | Sale of Underlying | Partnership Proceeds | Gain on | |||||||||||
Interest Transferred | Operating | from Disposition * | Disposition | |||||||||||
Partnership | ||||||||||||||
Series 20 | 1 | - | $ | 6,402 | $ | 6,402 | ||||||||
Series 21 | 1 | - | - | - | ||||||||||
Series 22 | 8 | 2 | 318,670 | 318,670 | ||||||||||
Series 23 | 4 | - | 82,930 | 82,930 | ||||||||||
Series 24 | 3 | 2 | 1,793,701 | 1,793,701 | ||||||||||
Series 25 | 2 | 2 | 2,477,731 | 3,096,620 | ||||||||||
Series 26 | 7 | 1 | 2,007,273 | 2,007,273 | ||||||||||
Series 27 | 1 | 1 | 582,228 | 582,228 | ||||||||||
Series 28 | 4 | - | 53,550 | 53,550 | ||||||||||
Series 30 | 1 | - | 72,943 | 72,943 | ||||||||||
Series 31 | 1 | - | 48,230 | 48,230 | ||||||||||
Series 32 | - | - | 1,449 | 1,449 | ||||||||||
Series 34 | 1 | - | - | - | ||||||||||
Series 35 | 1 | - | 52,500 | 52,500 | ||||||||||
Series 36 | 1 | 1 | 1,242,272 | 1,242,272 | ||||||||||
Series 42 | 1 | - | - | - | ||||||||||
Series 45 | - | - | 442 | 442 | ||||||||||
Total | 37 | 9 | $ | 8,740,321 | $ | 9,359,210 | ||||||||
* Fund proceeds from disposition does not include $618,889 recorded as a receivable as of March 31, 2013 for Series 25. | ||||||||||||||
Schedule Of Contributions Payable [Table Text Block] | ' | |||||||||||||
At March 31, 2014 and 2013, contributions are payable to operating limited partnerships as follows: | ||||||||||||||
2014 | 2013 | |||||||||||||
Series 20 | $ | - | $ | - | ||||||||||
Series 21 | - | - | ||||||||||||
Series 22 | 9,352 | 9,352 | ||||||||||||
Series 23 | - | - | ||||||||||||
Series 24 | - | - | ||||||||||||
Series 25 | - | - | ||||||||||||
Series 26 | 1,293 | 1,293 | ||||||||||||
Series 27 | 10,020 | 10,020 | ||||||||||||
Series 28 | 40,968 | 40,968 | ||||||||||||
Series 29 | 8,235 | 10,197 | ||||||||||||
Series 30 | 127,396 | 127,396 | ||||||||||||
Series 31 | 66,294 | 66,294 | ||||||||||||
Series 32 | 3,486 | 173,561 | ||||||||||||
Series 33 | 69,154 | 69,154 | ||||||||||||
Series 34 | - | - | ||||||||||||
Series 35 | - | - | ||||||||||||
Series 36 | - | - | ||||||||||||
Series 37 | 138,438 | 138,438 | ||||||||||||
Series 38 | - | - | ||||||||||||
Series 39 | - | - | ||||||||||||
Series 40 | 102 | 102 | ||||||||||||
Series 41 | 100 | 100 | ||||||||||||
Series 42 | 73,433 | 73,433 | ||||||||||||
Series 43 | 99,265 | 121,112 | ||||||||||||
Series 44 | - | 252,864 | ||||||||||||
Series 45 | 16,724 | 16,724 | ||||||||||||
Series 46 | - | - | ||||||||||||
$ | 664,260 | $ | 1,111,008 | |||||||||||
Schedule Of Partnerships Investments In Operating Limited Partnerships [Table Text Block] | ' | |||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Total | Series 20 | Series 21 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 435,973,036 | $ | 5,333,121 | $ | 3,570,455 | ||||||||
Acquisition costs of operating limited partnerships | 25,929,137 | 719,243 | 590,143 | |||||||||||
Cumulative distributions from operating limited partnerships | -3,187,008 | -26,017 | -22,441 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -216,038,394 | -1,333,677 | -118,301 | |||||||||||
Cumulative losses from operating limited partnerships | -237,348,070 | -4,692,670 | -4,019,856 | |||||||||||
Investments in operating limited partnerships per balance sheet | 5,328,701 | - | - | |||||||||||
Total | Series 20 | Series 21 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -2,570,666 | - | - | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -4,142,502 | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 1,117,450 | 90,622 | 221,074 | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -87,884,506 | -3,054,043 | -2,584,152 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 1,300,991 | 6,576 | - | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 216,038,394 | 1,333,677 | 118,301 | |||||||||||
Other | -2,313,297 | -41,692 | -170,410 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 126,874,565 | $ | -1,664,860 | $ | -2,415,187 | ||||||||
  | ||||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 3,854,180 | $ | 10,391,895 | $ | 4,404,391 | ||||||||
Acquisition costs of operating limited partnerships | 455,092 | 1,552,411 | 562,541 | |||||||||||
Cumulative distributions from operating limited partnerships | - | - | -34,932 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -1,618,823 | -6,353,837 | -1,636,215 | |||||||||||
Cumulative losses from operating limited partnerships | -2,690,449 | -5,590,469 | -3,295,785 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -384,587 | -11,581 | -30,158 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -157,772 | -62,597 | -91,548 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 25,824 | 54,934 | 841 | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -1,708,122 | -2,436,164 | -2,148,403 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | - | 34,901 | 6,688 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 1,618,823 | 6,353,837 | 1,636,215 | |||||||||||
Other | -86,354 | -112,531 | 128,312 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | -692,188 | $ | 3,820,799 | $ | -498,053 | ||||||||
  | ||||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 3,805,566 | $ | 11,884,296 | $ | 10,048,578 | ||||||||
Acquisition costs of operating limited partnerships | 508,635 | 1,664,905 | 1,450,069 | |||||||||||
Cumulative distributions from operating limited partnerships | -69,547 | -69,380 | -14,167 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -3,245,521 | -4,338,427 | -4,558,902 | |||||||||||
Cumulative losses from operating limited partnerships | -999,133 | -9,141,394 | -6,925,578 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | - | -70,440 | -286,388 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | -59,837 | -449,204 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 31,239 | 114,788 | 204,661 | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -467,648 | -5,296,972 | -1,965,626 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | - | 187,072 | - | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 3,245,521 | 4,338,427 | 4,558,902 | |||||||||||
Other | -66,326 | -105,757 | -276,370 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 2,742,786 | $ | -892,719 | $ | 1,785,975 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 23,441,799 | $ | 20,972,330 | $ | 13,904,236 | ||||||||
Acquisition costs of operating limited partnerships | 3,437,921 | 3,024,114 | 1,439,788 | |||||||||||
Cumulative distributions from operating limited partnerships | -553,358 | -20,179 | -53,204 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -16,476,882 | -5,875,856 | -6,613,997 | |||||||||||
Cumulative losses from operating limited partnerships | -9,849,480 | -18,100,409 | -8,676,823 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
  | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -233,630 | -83,498 | -135,225 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -665,053 | -596,128 | -235,701 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 79,180 | 204,728 | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -4,221,023 | -7,179,789 | -3,318,142 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 116,284 | 7,039 | 7,712 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 16,476,882 | 5,875,856 | 6,613,997 | |||||||||||
Other | -563,831 | -91,528 | 1,847 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 10,988,809 | $ | -1,863,320 | $ | 2,934,488 | ||||||||
  | ||||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 22,008,435 | $ | 29,433,847 | $ | 14,744,596 | ||||||||
Acquisition costs of operating limited partnerships | 3,165,164 | 3,834,299 | 1,349,820 | |||||||||||
Cumulative distributions from operating limited partnerships | -31,404 | -101,211 | -30,285 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -11,182,057 | -14,763,087 | -9,162,728 | |||||||||||
Cumulative losses from operating limited partnerships | -13,960,138 | -18,403,848 | -6,901,403 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -47,462 | -172,318 | -179,468 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -77,600 | -1,284,335 | -167,193 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 89,559 | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -7,965,109 | -6,317,426 | -2,659,844 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 30,562 | 38,357 | 9,684 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 11,182,057 | 14,763,087 | 9,162,728 | |||||||||||
Other | -342,863 | 322,700 | -42,784 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 2,869,144 | $ | 7,350,065 | $ | 6,123,123 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 22,921,365 | $ | 20,689,083 | $ | 13,848,639 | ||||||||
Acquisition costs of operating limited partnerships | 2,174,992 | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -20,308 | -30,252 | -116,200 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -10,625,803 | -11,273,719 | -7,246,265 | |||||||||||
Cumulative losses from operating limited partnerships | -14,450,246 | -9,385,112 | -6,486,174 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -38,698 | - | -14,791 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -295,534 | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -5,821,899 | -3,511,421 | -1,659,966 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 6,464 | 78,017 | 1,370 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 10,625,803 | 11,273,719 | 7,246,265 | |||||||||||
Other | -274,264 | 7,538 | -99,055 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 4,201,872 | $ | 7,847,853 | $ | 5,473,823 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 18,424,489 | $ | 18,852,167 | $ | 16,699,847 | ||||||||
Acquisition costs of operating limited partnerships | - | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -202,524 | -531,129 | -224,758 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -7,792,558 | -10,527,541 | -7,438,510 | |||||||||||
Cumulative losses from operating limited partnerships | -10,429,407 | -7,793,497 | -9,036,579 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -155,365 | - | - | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -6,441,485 | -3,627,297 | -3,876,967 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 303,810 | 59,461 | 279,219 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 7,792,558 | 10,527,541 | 7,438,510 | |||||||||||
Other | -57,600 | -328,344 | -82,953 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 1,441,918 | $ | 6,631,361 | $ | 3,757,809 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 19,336,992 | $ | 17,319,216 | $ | 19,690,646 | ||||||||
Acquisition costs of operating limited partnerships | - | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -53,094 | -58,012 | -111,750 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -10,639,800 | -7,005,127 | -10,428,111 | |||||||||||
Cumulative losses from operating limited partnerships | -8,644,098 | -10,256,077 | -9,150,785 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -25,172 | -33,807 | -409,845 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -1,365,798 | -2,219,955 | -2,319,513 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 78,811 | 1,049 | 20,012 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 10,639,800 | 7,005,127 | 10,428,111 | |||||||||||
Other | -171,079 | -230,969 | 194,228 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 9,156,562 | $ | 4,521,445 | $ | 7,912,993 | ||||||||
  | ||||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 26,617,048 | $ | 15,745,838 | $ | 25,706,915 | ||||||||
Acquisition costs of operating limited partnerships | - | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -337,804 | -49,763 | -305,087 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -13,050,566 | -6,453,489 | -14,657,544 | |||||||||||
Cumulative losses from operating limited partnerships | -13,050,348 | -9,242,586 | -8,739,792 | |||||||||||
Investments in operating limited partnerships per balance sheet | 178,330 | - | 2,004,492 | |||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -121,319 | - | -129,725 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -2,380,028 | -3,122,647 | -194,482 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | - | - | 23,309 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 13,050,566 | 6,453,489 | 14,657,544 | |||||||||||
Other | 243,042 | -40,728 | -11,108 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 10,970,591 | $ | 3,290,114 | $ | 16,350,030 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2014 are summarized as follows: | ||||||||||||||
Series 46 | ||||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 22,323,066 | ||||||||||||
Acquisition costs of operating limited partnerships | - | |||||||||||||
Cumulative distributions from operating limited partnerships | -120,202 | |||||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -11,621,051 | |||||||||||||
Cumulative losses from operating limited partnerships | -7,435,934 | |||||||||||||
Investments in operating limited partnerships per balance sheet | 3,145,879 | |||||||||||||
Series 46 | ||||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2013 (see note A). | -7,189 | |||||||||||||
The Fund has recorded acquisition costs at March 31, 2014 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | |||||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | |||||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -20,585 | |||||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 4,594 | |||||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 11,621,051 | |||||||||||||
Other | -14,418 | |||||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 14,729,332 | ||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Total | Series 20 | Series 21 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 468,450,655 | $ | 6,699,980 | $ | 3,762,893 | ||||||||
Acquisition costs of operating limited partnerships | 29,435,629 | 861,676 | 602,529 | |||||||||||
Cumulative distributions from operating limited partnerships | -3,169,469 | -33,517 | -22,441 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -226,099,776 | -1,648,785 | -118,301 | |||||||||||
Cumulative losses from operating limited partnerships | -255,011,101 | -5,879,354 | -4,224,680 | |||||||||||
Investments in operating limited partnerships per balance sheet | 13,605,938 | - | - | |||||||||||
Total | Series 20 | Series 21 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -3,160,003 | - | - | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -4,063,046 | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 1,326,821 | 86,256 | 219,339 | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -83,929,078 | -2,747,749 | -2,799,954 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 1,326,492 | 7,898 | - | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 226,099,776 | 1,648,785 | 118,301 | |||||||||||
Other | -2,557,875 | -20,933 | -164,829 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 148,649,025 | $ | -1,025,743 | $ | -2,627,143 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 4,561,122 | $ | 10,391,895 | $ | 6,663,058 | ||||||||
Acquisition costs of operating limited partnerships | 556,775 | 1,552,411 | 867,087 | |||||||||||
Cumulative distributions from operating limited partnerships | -2,987 | - | -34,932 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -1,725,087 | -6,344,121 | -2,395,773 | |||||||||||
Cumulative losses from operating limited partnerships | -3,389,823 | -5,600,185 | -5,099,440 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
  | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -481,359 | -11,581 | -30,158 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -157,772 | -62,597 | -91,548 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 25,824 | 54,934 | 37,933 | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -2,729,559 | -2,074,441 | -3,181,496 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | - | 34,901 | 23,202 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 1,725,087 | 6,344,121 | 2,395,773 | |||||||||||
Other | -136,248 | -112,529 | 138,307 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | -1,754,027 | $ | 4,172,808 | $ | -707,987 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 3,949,669 | $ | 15,248,303 | $ | 13,173,497 | ||||||||
Acquisition costs of operating limited partnerships | 530,964 | 2,125,402 | 1,913,345 | |||||||||||
Cumulative distributions from operating limited partnerships | -69,547 | -69,380 | -52,749 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -3,403,453 | -5,322,693 | -6,453,941 | |||||||||||
Cumulative losses from operating limited partnerships | -1,007,633 | -11,981,632 | -8,580,152 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | - | -70,440 | -286,388 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | -59,837 | -369,748 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 31,239 | 114,788 | 266,164 | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -476,326 | -6,192,769 | -2,149,024 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | - | 187,072 | - | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 3,403,453 | 5,322,693 | 6,453,941 | |||||||||||
Other | -55,777 | -95,517 | -217,897 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 2,902,589 | $ | -794,010 | $ | 3,697,048 | ||||||||
  | ||||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 25,336,641 | $ | 28,419,361 | $ | 13,904,236 | ||||||||
Acquisition costs of operating limited partnerships | 3,716,071 | 4,100,111 | 1,439,788 | |||||||||||
Cumulative distributions from operating limited partnerships | -553,380 | -26,816 | -53,204 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -16,711,233 | -10,932,738 | -6,609,159 | |||||||||||
Cumulative losses from operating limited partnerships | -11,788,099 | -21,559,918 | -8,681,661 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -233,630 | -158,645 | -135,225 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -665,053 | -596,128 | -235,701 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 99,756 | 265,241 | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -3,317,018 | -7,193,417 | -2,714,894 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 116,284 | 7,039 | 7,712 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 16,711,233 | 10,932,738 | 6,609,159 | |||||||||||
Other | -436,019 | -104,030 | 5,620 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 12,275,553 | $ | 3,152,798 | $ | 3,536,671 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 25,644,054 | $ | 29,567,115 | $ | 14,744,596 | ||||||||
Acquisition costs of operating limited partnerships | 3,688,096 | 3,834,299 | 1,349,820 | |||||||||||
Cumulative distributions from operating limited partnerships | -66,005 | -101,211 | -30,285 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -14,021,758 | -14,759,194 | -9,101,023 | |||||||||||
Cumulative losses from operating limited partnerships | -15,244,387 | -18,541,009 | -6,963,108 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -67,462 | -292,046 | -179,468 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -77,600 | -1,284,335 | -167,193 | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 125,347 | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -7,706,614 | -5,680,810 | -2,093,741 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 30,562 | 38,357 | 9,684 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 14,021,758 | 14,759,194 | 9,101,023 | |||||||||||
Other | -341,543 | 348,700 | -39,291 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 5,984,448 | $ | 7,889,060 | $ | 6,631,014 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 23,771,378 | $ | 20,689,083 | $ | 13,848,639 | ||||||||
Acquisition costs of operating limited partnerships | 2,297,255 | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -26,077 | -30,252 | -116,200 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -11,601,216 | -11,273,719 | -7,216,579 | |||||||||||
Cumulative losses from operating limited partnerships | -14,441,340 | -9,385,112 | -6,515,860 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -38,698 | - | -14,791 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -295,534 | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -4,593,961 | -2,825,313 | -1,170,643 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 6,464 | 78,017 | 1,370 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 11,601,216 | 11,273,719 | 7,216,579 | |||||||||||
Other | -257,710 | 19,992 | -76,402 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 6,421,777 | $ | 8,546,415 | $ | 5,956,113 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 18,424,489 | $ | 18,852,167 | $ | 16,699,847 | ||||||||
Acquisition costs of operating limited partnerships | - | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -202,524 | -531,129 | -224,758 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -8,855,671 | -10,498,790 | -7,420,197 | |||||||||||
Cumulative losses from operating limited partnerships | -9,366,294 | -7,822,248 | -9,054,892 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | - | |||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -155,365 | - | - | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -5,018,176 | -3,181,015 | -3,282,894 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 303,810 | 59,461 | 279,219 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 8,855,671 | 10,498,790 | 7,420,197 | |||||||||||
Other | -8,607 | -266,828 | -71,431 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 3,977,333 | $ | 7,110,408 | $ | 4,345,091 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 19,336,992 | $ | 17,340,487 | $ | 19,690,646 | ||||||||
Acquisition costs of operating limited partnerships | - | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -53,094 | -58,012 | -109,245 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -10,596,325 | -6,968,657 | -10,059,798 | |||||||||||
Cumulative losses from operating limited partnerships | -8,687,573 | -10,313,818 | -9,411,685 | |||||||||||
Investments in operating limited partnerships per balance sheet | - | - | 109,918 | |||||||||||
  | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -25,172 | -33,807 | -409,845 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -639,318 | -1,480,788 | -1,497,482 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 78,811 | 1,049 | 20,012 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 10,596,325 | 6,968,657 | 10,059,798 | |||||||||||
Other | -159,009 | -221,822 | -65,078 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 9,851,637 | $ | 5,233,289 | $ | 8,217,323 | ||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 26,617,048 | $ | 19,381,437 | $ | 29,408,956 | ||||||||
Acquisition costs of operating limited partnerships | - | - | - | |||||||||||
Cumulative distributions from operating limited partnerships | -289,277 | -49,763 | -263,099 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -11,853,725 | -8,041,733 | -12,456,025 | |||||||||||
Cumulative losses from operating limited partnerships | -13,006,138 | -10,210,723 | -11,736,285 | |||||||||||
Investments in operating limited partnerships per balance sheet | 1,467,908 | 1,079,218 | 4,953,547 | |||||||||||
  | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -143,165 | -255,844 | -129,725 | |||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | - | - | |||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | - | - | |||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -1,834,207 | -6,568,883 | -778,586 | |||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | - | 2,230 | 28,744 | |||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 11,853,725 | 8,041,733 | 12,456,025 | |||||||||||
Other | -149,571 | -27,388 | -21,194 | |||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 11,194,690 | $ | 2,271,066 | $ | 16,508,811 | ||||||||
  | ||||||||||||||
The Fund’s investments in operating limited partnerships at March 31, 2013 are summarized as follows: | ||||||||||||||
Series 46 | ||||||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $ | 22,323,066 | ||||||||||||
Acquisition costs of operating limited partnerships | - | |||||||||||||
Cumulative distributions from operating limited partnerships | -99,585 | |||||||||||||
Cumulative impairment loss in investments in operating limited partnerships | -9,710,082 | |||||||||||||
Cumulative losses from operating limited partnerships | -6,518,052 | |||||||||||||
Investments in operating limited partnerships per balance sheet | 5,995,347 | |||||||||||||
Series 46 | ||||||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2013 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2012 (see note A). | -7,189 | |||||||||||||
The Fund has recorded acquisition costs at March 31, 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | - | |||||||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | - | |||||||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | - | |||||||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 4,594 | |||||||||||||
Cumulative impairment loss in investments in operating limited partnerships | 9,710,082 | |||||||||||||
Other | -20,841 | |||||||||||||
Equity per operating limited partnerships’ combined financial statements | $ | 15,681,993 | ||||||||||||
Schedule Of Summarized Balance Sheets In Operating Partnerships [Table Text Block] | ' | |||||||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
COMBINED SUMMARIZED BALANCE SHEETS | ||||||||||||||
Total | Series 20 | Series 21 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 804,332,315 | $ | 7,618,706 | $ | 6,797,230 | ||||||||
Land | 80,926,445 | 599,606 | 1,464,660 | |||||||||||
Other assets | 95,869,177 | 1,664,413 | 952,337 | |||||||||||
$ | 981,127,937 | $ | 9,882,725 | $ | 9,214,227 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 695,075,698 | $ | 9,608,148 | $ | 8,521,356 | ||||||||
Accounts payable and accrued expenses | 34,451,133 | 329,159 | 179,419 | |||||||||||
Other liabilities | 102,740,402 | 1,700,962 | 2,440,457 | |||||||||||
832,267,233 | 11,638,269 | 11,141,232 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 126,874,565 | -1,664,860 | -2,415,187 | |||||||||||
Other partners | 21,986,139 | -90,684 | 488,182 | |||||||||||
148,860,704 | -1,755,544 | -1,927,005 | ||||||||||||
$ | 981,127,937 | $ | 9,882,725 | $ | 9,214,227 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 9,721,998 | $ | 19,251,212 | $ | 5,598,176 | ||||||||
Land | 1,344,018 | 1,783,889 | 878,838 | |||||||||||
Other assets | 1,964,231 | 4,399,562 | 825,223 | |||||||||||
$ | 13,030,247 | $ | 25,434,663 | $ | 7,302,237 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 11,309,139 | $ | 16,321,731 | $ | 6,832,986 | ||||||||
Accounts payable and accrued expenses | 637,925 | 4,039,613 | 145,054 | |||||||||||
Other liabilities | 1,055,528 | 2,446,675 | 587,433 | |||||||||||
13,002,592 | 22,808,019 | 7,565,473 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | -692,188 | 3,820,799 | -498,053 | |||||||||||
Other partners | 719,843 | -1,194,155 | 234,817 | |||||||||||
27,655 | 2,626,644 | -263,236 | ||||||||||||
$ | 13,030,247 | $ | 25,434,663 | $ | 7,302,237 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 5,858,313 | $ | 20,816,786 | $ | 27,102,078 | ||||||||
Land | 467,216 | 2,065,095 | 3,322,343 | |||||||||||
Other assets | 1,144,296 | 3,147,651 | 3,457,512 | |||||||||||
$ | 7,469,825 | $ | 26,029,532 | $ | 33,881,933 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 4,894,842 | $ | 22,267,879 | $ | 24,935,837 | ||||||||
Accounts payable and accrued expenses | 76,433 | 1,630,172 | 742,660 | |||||||||||
Other liabilities | 47,680 | 2,463,351 | 5,726,429 | |||||||||||
5,018,955 | 26,361,402 | 31,404,926 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 2,742,786 | -892,719 | 1,785,975 | |||||||||||
Other partners | -291,916 | 560,849 | 691,032 | |||||||||||
2,450,870 | -331,870 | 2,477,007 | ||||||||||||
$ | 7,469,825 | $ | 26,029,532 | $ | 33,881,933 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 31,466,642 | $ | 30,182,087 | $ | 20,404,092 | ||||||||
Land | 3,621,484 | 2,304,757 | 1,352,199 | |||||||||||
Other assets | 3,997,916 | 4,409,048 | 2,160,619 | |||||||||||
$ | 39,086,042 | $ | 36,895,892 | $ | 23,916,910 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 25,796,598 | $ | 31,239,682 | $ | 15,459,775 | ||||||||
Accounts payable and accrued expenses | 1,453,624 | 1,548,536 | 1,081,455 | |||||||||||
Other liabilities | 2,659,578 | 6,097,567 | 2,599,052 | |||||||||||
29,909,800 | 38,885,785 | 19,140,282 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 10,988,809 | -1,863,320 | 2,934,488 | |||||||||||
Other partners | -1,812,567 | -126,573 | 1,842,140 | |||||||||||
9,176,242 | -1,989,893 | 4,776,628 | ||||||||||||
$ | 39,086,042 | $ | 36,895,892 | $ | 23,916,910 | |||||||||
  | ||||||||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 35,608,336 | $ | 33,741,875 | $ | 31,950,307 | ||||||||
Land | 3,396,946 | 2,860,802 | 3,784,552 | |||||||||||
Other assets | 6,338,410 | 4,245,903 | 2,724,574 | |||||||||||
$ | 45,343,692 | $ | 40,848,580 | $ | 38,459,433 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 39,688,783 | $ | 23,703,737 | $ | 24,765,295 | ||||||||
Accounts payable and accrued expenses | 1,106,942 | 2,774,361 | 1,068,581 | |||||||||||
Other liabilities | 4,006,594 | 3,393,544 | 2,423,976 | |||||||||||
44,802,319 | 29,871,642 | 28,257,852 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 2,869,144 | 7,350,065 | 6,123,123 | |||||||||||
Other partners | -2,327,771 | 3,626,873 | 4,078,458 | |||||||||||
541,373 | 10,976,938 | 10,201,581 | ||||||||||||
$ | 45,343,692 | $ | 40,848,580 | $ | 38,459,433 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 33,437,658 | $ | 33,687,421 | $ | 23,352,582 | ||||||||
Land | 4,280,809 | 3,572,523 | 2,013,180 | |||||||||||
Other assets | 4,066,426 | 3,225,731 | 3,054,336 | |||||||||||
$ | 41,784,893 | $ | 40,485,675 | $ | 28,420,098 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 33,133,023 | $ | 21,047,359 | $ | 16,988,083 | ||||||||
Accounts payable and accrued expenses | 1,383,505 | 1,053,812 | 1,684,855 | |||||||||||
Other liabilities | 5,207,301 | 7,923,562 | 726,794 | |||||||||||
39,723,829 | 30,024,733 | 19,399,732 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 4,201,872 | 7,847,853 | 5,473,823 | |||||||||||
Other partners | -2,140,808 | 2,613,089 | 3,546,543 | |||||||||||
2,061,064 | 10,460,942 | 9,020,366 | ||||||||||||
$ | 41,784,893 | $ | 40,485,675 | $ | 28,420,098 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 30,680,540 | $ | 21,174,700 | $ | 17,030,411 | ||||||||
Land | 2,423,561 | 1,581,706 | 1,238,488 | |||||||||||
Other assets | 3,153,869 | 2,263,552 | 1,848,616 | |||||||||||
$ | 36,257,970 | $ | 25,019,958 | $ | 20,117,515 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 27,503,623 | $ | 16,706,809 | $ | 13,180,160 | ||||||||
Accounts payable and accrued expenses | 2,567,356 | 240,064 | 341,876 | |||||||||||
Other liabilities | 6,209,057 | 2,719,890 | 2,931,884 | |||||||||||
36,280,036 | 19,666,763 | 16,453,920 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 1,441,918 | 6,631,361 | 3,757,809 | |||||||||||
Other partners | -1,463,984 | -1,278,166 | -94,214 | |||||||||||
-22,066 | 5,353,195 | 3,663,595 | ||||||||||||
$ | 36,257,970 | $ | 25,019,958 | $ | 20,117,515 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 52,009,241 | $ | 62,749,098 | $ | 54,155,724 | ||||||||
Land | 5,081,041 | 7,916,005 | 7,059,765 | |||||||||||
Other assets | 4,514,209 | 6,419,595 | 6,402,555 | |||||||||||
$ | 61,604,491 | $ | 77,084,698 | $ | 67,618,044 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 44,835,269 | $ | 59,205,981 | $ | 46,084,051 | ||||||||
Accounts payable and accrued expenses | 1,667,029 | 1,482,716 | 2,745,285 | |||||||||||
Other liabilities | 6,319,795 | 6,264,564 | 5,776,778 | |||||||||||
52,822,093 | 66,953,261 | 54,606,114 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 9,156,562 | 4,521,445 | 7,912,993 | |||||||||||
Other partners | -374,164 | 5,609,992 | 5,098,937 | |||||||||||
8,782,398 | 10,131,437 | 13,011,930 | ||||||||||||
$ | 61,604,491 | $ | 77,084,698 | $ | 67,618,044 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 56,978,000 | $ | 40,573,656 | $ | 51,826,015 | ||||||||
Land | 6,704,151 | 3,130,916 | 4,314,836 | |||||||||||
Other assets | 5,412,878 | 3,902,028 | 6,284,278 | |||||||||||
$ | 69,095,029 | $ | 47,606,600 | $ | 62,425,129 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 47,780,026 | $ | 41,159,992 | $ | 37,037,554 | ||||||||
Accounts payable and accrued expenses | 1,743,541 | 676,387 | 1,431,634 | |||||||||||
Other liabilities | 6,746,944 | 6,607,924 | 4,603,925 | |||||||||||
56,270,511 | 48,444,303 | 43,073,113 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 10,970,591 | 3,290,114 | 16,350,030 | |||||||||||
Other partners | 1,853,927 | -4,127,817 | 3,001,986 | |||||||||||
12,824,518 | -837,703 | 19,352,016 | ||||||||||||
$ | 69,095,029 | $ | 47,606,600 | $ | 62,425,129 | |||||||||
 The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 46 | ||||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 40,559,431 | ||||||||||||
Land | 2,363,059 | |||||||||||||
Other assets | 3,889,409 | |||||||||||||
$ | 46,811,899 | |||||||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 25,067,980 | ||||||||||||
Accounts payable and accrued expenses | 619,139 | |||||||||||||
Other liabilities | 3,053,158 | |||||||||||||
28,740,277 | ||||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 14,729,332 | |||||||||||||
Other partners | 3,342,290 | |||||||||||||
18,071,622 | ||||||||||||||
$ | 46,811,899 | |||||||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Total | Series 20 | Series 21 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 926,355,460 | $ | 10,155,776 | $ | 7,435,846 | ||||||||
Land | 92,169,960 | 839,313 | 1,479,930 | |||||||||||
Other assets | 102,647,493 | 2,037,492 | 958,988 | |||||||||||
$ | 1,121,172,913 | $ | 13,032,581 | $ | 9,874,764 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 786,714,302 | $ | 12,212,275 | $ | 9,290,488 | ||||||||
Accounts payable and accrued expenses | 36,047,804 | 287,009 | 237,223 | |||||||||||
Other liabilities | 115,855,204 | 1,510,700 | 2,415,769 | |||||||||||
938,617,310 | 14,009,984 | 11,943,480 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 148,649,025 | -1,025,743 | -2,627,143 | |||||||||||
Other partners | 33,906,578 | 48,340 | 558,427 | |||||||||||
182,555,603 | -977,403 | -2,068,716 | ||||||||||||
$ | 1,121,172,913 | $ | 13,032,581 | $ | 9,874,764 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 11,693,373 | $ | 20,247,856 | $ | 11,286,698 | ||||||||
Land | 1,491,429 | 1,783,889 | 1,434,385 | |||||||||||
Other assets | 2,228,323 | 4,154,081 | 1,629,582 | |||||||||||
$ | 15,413,125 | $ | 26,185,826 | $ | 14,350,665 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 14,767,873 | $ | 16,539,887 | $ | 11,818,235 | ||||||||
Accounts payable and accrued expenses | 570,521 | 3,652,531 | 1,119,077 | |||||||||||
Other liabilities | 1,168,419 | 2,510,569 | 1,719,236 | |||||||||||
16,506,813 | 22,702,987 | 14,656,548 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | -1,754,027 | 4,172,808 | -707,987 | |||||||||||
Other partners | 660,339 | -689,969 | 402,104 | |||||||||||
-1,093,688 | 3,482,839 | -305,883 | ||||||||||||
$ | 15,413,125 | $ | 26,185,826 | $ | 14,350,665 | |||||||||
  | ||||||||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 6,428,758 | $ | 32,793,703 | $ | 35,113,113 | ||||||||
Land | 574,158 | 2,736,095 | 4,620,843 | |||||||||||
Other assets | 1,163,088 | 4,158,096 | 4,632,865 | |||||||||||
$ | 8,166,004 | $ | 39,687,894 | $ | 44,366,821 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 5,359,194 | $ | 33,866,714 | $ | 30,744,793 | ||||||||
Accounts payable and accrued expenses | 87,194 | 2,031,188 | 842,519 | |||||||||||
Other liabilities | 49,675 | 4,245,607 | 7,053,343 | |||||||||||
5,496,063 | 40,143,509 | 38,640,655 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 2,902,589 | -794,010 | 3,697,048 | |||||||||||
Other partners | -232,648 | 338,395 | 2,029,118 | |||||||||||
2,669,941 | -455,615 | 5,726,166 | ||||||||||||
$ | 8,166,004 | $ | 39,687,894 | $ | 44,366,821 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 38,832,314 | $ | 38,929,438 | $ | 21,374,357 | ||||||||
Land | 4,789,984 | 2,816,806 | 1,352,199 | |||||||||||
Other assets | 4,805,771 | 4,579,225 | 2,265,338 | |||||||||||
$ | 48,428,069 | $ | 46,325,469 | $ | 24,991,894 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 30,729,775 | $ | 36,131,872 | $ | 15,804,915 | ||||||||
Accounts payable and accrued expenses | 1,536,518 | 1,888,155 | 1,030,604 | |||||||||||
Other liabilities | 3,164,099 | 5,598,855 | 2,590,111 | |||||||||||
35,430,392 | 43,618,882 | 19,425,630 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 12,275,553 | 3,152,798 | 3,536,671 | |||||||||||
Other partners | 722,124 | -446,211 | 2,029,593 | |||||||||||
12,997,677 | 2,706,587 | 5,566,264 | ||||||||||||
$ | 48,428,069 | $ | 46,325,469 | $ | 24,991,894 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 41,093,844 | $ | 42,317,655 | $ | 33,867,303 | ||||||||
Land | 3,922,117 | 2,921,802 | 3,784,552 | |||||||||||
Other assets | 6,265,759 | 4,534,604 | 2,732,278 | |||||||||||
$ | 51,281,720 | $ | 49,774,061 | $ | 40,384,133 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 41,416,027 | $ | 32,091,744 | $ | 25,170,848 | ||||||||
Accounts payable and accrued expenses | 1,079,327 | 3,166,217 | 1,051,109 | |||||||||||
Other liabilities | 4,801,867 | 3,536,003 | 2,578,374 | |||||||||||
47,297,221 | 38,793,964 | 28,800,331 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 5,984,448 | 7,889,060 | 6,631,014 | |||||||||||
Other partners | -1,999,949 | 3,091,037 | 4,952,788 | |||||||||||
3,984,499 | 10,980,097 | 11,583,802 | ||||||||||||
$ | 51,281,720 | $ | 49,774,061 | $ | 40,384,133 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 36,690,648 | $ | 35,320,976 | $ | 24,753,789 | ||||||||
Land | 4,488,809 | 3,572,523 | 2,013,180 | |||||||||||
Other assets | 4,445,778 | 3,045,614 | 2,886,655 | |||||||||||
$ | 45,625,235 | $ | 41,939,113 | $ | 29,653,624 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 33,975,571 | $ | 21,130,845 | $ | 17,319,963 | ||||||||
Accounts payable and accrued expenses | 1,252,013 | 997,139 | 1,575,909 | |||||||||||
Other liabilities | 5,399,661 | 8,062,155 | 650,137 | |||||||||||
40,627,245 | 30,190,139 | 19,546,009 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 6,421,777 | 8,546,415 | 5,956,113 | |||||||||||
Other partners | -1,423,787 | 3,202,559 | 4,151,502 | |||||||||||
4,997,990 | 11,748,974 | 10,107,615 | ||||||||||||
$ | 45,625,235 | $ | 41,939,113 | $ | 29,653,624 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 32,623,644 | $ | 22,273,923 | $ | 18,013,620 | ||||||||
Land | 2,423,561 | 1,581,706 | 1,238,488 | |||||||||||
Other assets | 3,249,852 | 2,186,790 | 1,768,336 | |||||||||||
$ | 38,297,057 | $ | 26,042,419 | $ | 21,020,444 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 28,014,633 | $ | 17,019,640 | $ | 13,422,946 | ||||||||
Accounts payable and accrued expenses | 2,306,321 | 258,956 | 343,231 | |||||||||||
Other liabilities | 5,733,250 | 2,458,570 | 2,675,710 | |||||||||||
36,054,204 | 19,737,166 | 16,441,887 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 3,977,333 | 7,110,408 | 4,345,091 | |||||||||||
Other partners | -1,734,480 | -805,155 | 233,466 | |||||||||||
2,242,853 | 6,305,253 | 4,578,557 | ||||||||||||
$ | 38,297,057 | $ | 26,042,419 | $ | 21,020,444 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 54,364,315 | $ | 65,958,262 | $ | 56,579,992 | ||||||||
Land | 5,081,041 | 8,000,805 | 7,059,765 | |||||||||||
Other assets | 4,198,978 | 6,479,223 | 6,664,563 | |||||||||||
$ | 63,644,334 | $ | 80,438,290 | $ | 70,304,320 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 45,658,503 | $ | 61,327,803 | $ | 46,947,999 | ||||||||
Accounts payable and accrued expenses | 1,378,312 | 1,254,339 | 2,644,758 | |||||||||||
Other liabilities | 6,783,138 | 7,521,451 | 6,437,492 | |||||||||||
53,819,953 | 70,103,593 | 56,030,249 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 9,851,637 | 5,233,289 | 8,217,323 | |||||||||||
Other partners | -27,256 | 5,101,408 | 6,056,748 | |||||||||||
9,824,381 | 10,334,697 | 14,274,071 | ||||||||||||
$ | 63,644,334 | $ | 80,438,290 | $ | 70,304,320 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 59,664,991 | $ | 54,857,440 | $ | 72,021,820 | ||||||||
Land | 6,704,151 | 6,053,669 | 7,041,701 | |||||||||||
Other assets | 5,245,799 | 4,773,751 | 7,674,657 | |||||||||||
$ | 71,614,941 | $ | 65,684,860 | $ | 86,738,178 | |||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 47,842,185 | $ | 55,297,673 | $ | 57,679,981 | ||||||||
Accounts payable and accrued expenses | 1,810,519 | 1,363,325 | 1,748,945 | |||||||||||
Other liabilities | 7,744,436 | 9,455,928 | 6,907,084 | |||||||||||
57,397,140 | 66,116,926 | 66,336,010 | ||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 11,194,690 | 2,271,066 | 16,508,811 | |||||||||||
Other partners | 3,023,111 | -2,703,132 | 3,893,357 | |||||||||||
14,217,801 | -432,066 | 20,402,168 | ||||||||||||
$ | 71,614,941 | $ | 65,684,860 | $ | 86,738,178 | |||||||||
The combined summarized balance sheets of the operating limited partnerships in which Series 20 through 46 hold an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 46 | ||||||||||||||
ASSETS | ||||||||||||||
Buildings and improvements, net of accumulated depreciation | $ | 41,662,006 | ||||||||||||
Land | 2,363,059 | |||||||||||||
Other assets | 3,882,007 | |||||||||||||
$ | 47,907,072 | |||||||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Mortgages and construction loans payable | $ | 25,131,920 | ||||||||||||
Accounts payable and accrued expenses | 534,845 | |||||||||||||
Other liabilities | 3,083,565 | |||||||||||||
28,750,330 | ||||||||||||||
PARTNERS’ CAPITAL (DEFICIT) | ||||||||||||||
Boston Capital Tax Credit Fund IV L.P. | 15,681,993 | |||||||||||||
Other partners | 3,474,749 | |||||||||||||
19,156,742 | ||||||||||||||
$ | 47,907,072 | |||||||||||||
Schedule Of Summarized Statement Of Operations In Operating Partnerships [Table Text Block] | ' | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
COMBINED SUMMARIZED STATEMENTS OF OPERATIONS | ||||||||||||||
Total | Series 20 | Series 21 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 162,298,910 | $ | 2,237,679 | $ | 1,824,069 | ||||||||
Interest and other | 6,084,629 | 86,946 | 15,179 | |||||||||||
168,383,539 | 2,324,625 | 1,839,248 | ||||||||||||
Expenses | ||||||||||||||
Interest | 33,387,199 | 373,068 | 522,766 | |||||||||||
Depreciation and amortization | 47,293,084 | 693,878 | 326,104 | |||||||||||
Taxes and insurance | 20,872,713 | 273,220 | 179,613 | |||||||||||
Repairs and maintenance | 28,630,757 | 596,259 | 253,968 | |||||||||||
Operating expenses | 59,311,990 | 969,622 | 603,582 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 4,093,159 | 56,738 | 45,815 | |||||||||||
193,588,902 | 2,962,785 | 1,931,848 | ||||||||||||
NET INCOME (LOSS) | $ | -25,205,363 | $ | -638,160 | $ | -92,600 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -18,485,088 | $ | -366,227 | $ | -98,321 | ||||||||
Net income (loss) allocated to other partners | $ | -6,720,275 | $ | -271,933 | $ | 5,721 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 2,477,250 | $ | 4,435,882 | $ | 1,636,612 | ||||||||
Interest and other | 73,964 | 163,448 | 30,368 | |||||||||||
2,551,214 | 4,599,330 | 1,666,980 | ||||||||||||
Expenses | ||||||||||||||
Interest | 496,594 | 795,239 | 245,476 | |||||||||||
Depreciation and amortization | 558,497 | 1,158,287 | 503,096 | |||||||||||
Taxes and insurance | 382,939 | 644,328 | 217,169 | |||||||||||
Repairs and maintenance | 629,883 | 944,241 | 351,054 | |||||||||||
Operating expenses | 777,142 | 1,743,795 | 640,559 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 73,572 | 76,533 | 23,919 | |||||||||||
2,918,627 | 5,362,423 | 1,981,273 | ||||||||||||
NET INCOME (LOSS) | $ | -367,413 | $ | -763,093 | $ | -314,293 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -264,711 | $ | -361,723 | $ | -241,279 | ||||||||
Net income (loss) allocated to other partners | $ | -102,702 | $ | -401,370 | $ | -73,014 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 1,262,550 | $ | 4,790,165 | $ | 6,040,191 | ||||||||
Interest and other | 22,841 | 169,267 | 158,902 | |||||||||||
1,285,391 | 4,959,432 | 6,199,093 | ||||||||||||
Expenses | ||||||||||||||
Interest | 171,813 | 716,630 | 1,151,459 | |||||||||||
Depreciation and amortization | 246,603 | 1,466,667 | 1,673,915 | |||||||||||
Taxes and insurance | 125,928 | 672,261 | 669,786 | |||||||||||
Repairs and maintenance | 238,246 | 1,143,771 | 973,244 | |||||||||||
Operating expenses | 443,788 | 1,868,618 | 1,840,267 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 20,949 | 123,014 | 195,226 | |||||||||||
1,247,327 | 5,990,961 | 6,503,897 | ||||||||||||
NET INCOME (LOSS) | $ | 38,064 | $ | -1,031,529 | $ | -304,804 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -43,041 | $ | -842,204 | $ | -277,730 | ||||||||
Net income (loss) allocated to other partners | $ | 81,105 | $ | -189,325 | $ | -27,074 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 7,997,536 | $ | 6,399,091 | $ | 5,127,821 | ||||||||
Interest and other | 191,608 | 279,731 | 170,948 | |||||||||||
8,189,144 | 6,678,822 | 5,298,769 | ||||||||||||
Expenses | ||||||||||||||
Interest | 994,517 | 1,216,242 | 551,540 | |||||||||||
Depreciation and amortization | 2,111,756 | 2,078,912 | 1,202,369 | |||||||||||
Taxes and insurance | 973,644 | 952,282 | 609,014 | |||||||||||
Repairs and maintenance | 1,506,121 | 991,855 | 1,071,737 | |||||||||||
Operating expenses | 2,953,257 | 2,645,977 | 2,573,560 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 167,721 | 96,260 | 61,971 | |||||||||||
8,707,016 | 7,981,528 | 6,070,191 | ||||||||||||
NET INCOME (LOSS) | $ | -517,872 | $ | -1,302,706 | $ | -771,422 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -953,311 | $ | -1,065,191 | $ | -621,294 | ||||||||
Net income (loss) allocated to other partners | $ | 435,439 | $ | -237,515 | $ | -150,128 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,574,095 | $ | 6,508,476 | $ | 6,345,248 | ||||||||
Interest and other | 473,966 | 219,944 | 258,319 | |||||||||||
10,048,061 | 6,728,420 | 6,603,567 | ||||||||||||
Expenses | ||||||||||||||
Interest | 1,133,836 | 1,258,641 | 1,154,157 | |||||||||||
Depreciation and amortization | 2,678,740 | 2,463,661 | 2,147,969 | |||||||||||
Taxes and insurance | 1,450,339 | 845,962 | 894,942 | |||||||||||
Repairs and maintenance | 1,457,335 | 1,009,687 | 731,636 | |||||||||||
Operating expenses | 3,634,252 | 2,495,964 | 2,880,503 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 647,743 | 481,906 | 166,042 | |||||||||||
11,002,245 | 8,555,821 | 7,975,249 | ||||||||||||
NET INCOME (LOSS) | $ | -954,184 | $ | -1,827,401 | $ | -1,371,682 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -1,155,732 | $ | -1,433,129 | $ | -566,103 | ||||||||
Net income (loss) allocated to other partners | $ | 201,548 | $ | -394,272 | $ | -805,579 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
   | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 7,029,164 | $ | 6,475,964 | $ | 4,744,459 | ||||||||
Interest and other | 280,275 | 198,981 | 125,527 | |||||||||||
7,309,439 | 6,674,945 | 4,869,986 | ||||||||||||
Expenses | ||||||||||||||
Interest | 1,042,365 | 1,402,582 | 958,450 | |||||||||||
Depreciation and amortization | 2,602,919 | 2,005,105 | 1,518,135 | |||||||||||
Taxes and insurance | 1,040,409 | 860,037 | 660,902 | |||||||||||
Repairs and maintenance | 975,500 | 1,064,089 | 697,438 | |||||||||||
Operating expenses | 3,358,381 | 2,314,187 | 1,835,337 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 71,056 | 70,908 | 75,054 | |||||||||||
9,090,630 | 7,716,908 | 5,745,316 | ||||||||||||
NET INCOME (LOSS) | $ | -1,781,191 | $ | -1,041,963 | $ | -875,330 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -1,227,938 | $ | -688,552 | $ | -489,323 | ||||||||
Net income (loss) allocated to other partners | $ | -553,253 | $ | -353,411 | $ | -386,007 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 5,733,586 | $ | 4,541,271 | $ | 3,579,382 | ||||||||
Interest and other | 234,903 | 181,334 | 223,143 | |||||||||||
5,968,489 | 4,722,605 | 3,802,525 | ||||||||||||
Expenses | ||||||||||||||
Interest | 1,033,729 | 969,147 | 762,859 | |||||||||||
Depreciation and amortization | 2,115,278 | 1,180,606 | 1,044,496 | |||||||||||
Taxes and insurance | 965,919 | 576,518 | 450,988 | |||||||||||
Repairs and maintenance | 924,582 | 792,059 | 616,711 | |||||||||||
Operating expenses | 2,758,869 | 1,772,891 | 1,611,348 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 138,964 | 107,940 | 144,684 | |||||||||||
7,937,341 | 5,399,161 | 4,631,086 | ||||||||||||
NET INCOME (LOSS) | $ | -1,968,852 | $ | -676,556 | $ | -828,561 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -1,423,309 | $ | -447,771 | $ | -594,093 | ||||||||
Net income (loss) allocated to other partners | $ | -545,543 | $ | -228,785 | $ | -234,468 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,759,272 | $ | 12,055,887 | $ | 10,535,566 | ||||||||
Interest and other | 432,340 | 466,528 | 338,914 | |||||||||||
10,191,612 | 12,522,415 | 10,874,480 | ||||||||||||
Expenses | ||||||||||||||
Interest | 3,077,212 | 3,476,503 | 2,513,476 | |||||||||||
Depreciation and amortization | 2,580,262 | 2,982,256 | 2,809,331 | |||||||||||
Taxes and insurance | 1,426,929 | 1,463,591 | 1,142,938 | |||||||||||
Repairs and maintenance | 1,443,089 | 1,907,833 | 1,901,477 | |||||||||||
Operating expenses | 2,649,473 | 2,996,818 | 3,268,203 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 119,822 | 287,945 | 294,006 | |||||||||||
11,296,787 | 13,114,946 | 11,929,431 | ||||||||||||
NET INCOME (LOSS) | $ | -1,105,175 | $ | -592,531 | $ | -1,054,951 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -726,480 | $ | -621,885 | $ | -894,568 | ||||||||
Net income (loss) allocated to other partners | $ | -378,695 | $ | 29,354 | $ | -160,383 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,974,760 | $ | 7,332,990 | $ | 8,074,526 | ||||||||
Interest and other | 393,335 | 261,044 | 311,152 | |||||||||||
10,368,095 | 7,594,034 | 8,385,678 | ||||||||||||
Expenses | ||||||||||||||
Interest | 2,280,961 | 2,169,441 | 1,550,152 | |||||||||||
Depreciation and amortization | 3,048,910 | 2,040,636 | 2,509,590 | |||||||||||
Taxes and insurance | 1,004,171 | 552,748 | 1,047,218 | |||||||||||
Repairs and maintenance | 1,927,314 | 1,391,438 | 1,790,623 | |||||||||||
Operating expenses | 3,343,630 | 2,418,295 | 2,837,621 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 193,811 | 95,028 | 207,293 | |||||||||||
11,798,797 | 8,667,586 | 9,942,497 | ||||||||||||
NET INCOME (LOSS) | $ | -1,430,702 | $ | -1,073,552 | $ | -1,556,819 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -816,218 | $ | -602,519 | $ | -723,969 | ||||||||
Net income (loss) allocated to other partners | $ | -614,484 | $ | -471,033 | $ | -832,850 | ||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2013 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2013 are as follows: | ||||||||||||||
Series 46 | ||||||||||||||
Revenue | ||||||||||||||
Rent | $ | 5,805,418 | ||||||||||||
Interest and other | 321,722 | |||||||||||||
6,127,140 | ||||||||||||||
Expenses | ||||||||||||||
Interest | 1,368,344 | |||||||||||||
Depreciation and amortization | 1,545,106 | |||||||||||||
Taxes and insurance | 788,918 | |||||||||||||
Repairs and maintenance | 1,299,567 | |||||||||||||
Operating expenses | 2,076,051 | |||||||||||||
Impairment loss | - | |||||||||||||
Other expenses | 49,239 | |||||||||||||
7,127,225 | ||||||||||||||
NET INCOME (LOSS) | $ | -1,000,085 | ||||||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -938,467 | ||||||||||||
Net income (loss) allocated to other partners | $ | -61,618 | ||||||||||||
* | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Total | Series 20 | Series 21 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 177,121,285 | $ | 3,184,095 | $ | 1,899,543 | ||||||||
Interest and other | 6,664,987 | 82,941 | 26,035 | |||||||||||
183,786,272 | 3,267,036 | 1,925,578 | ||||||||||||
Expenses | ||||||||||||||
Interest | 38,941,394 | 466,702 | 558,013 | |||||||||||
Depreciation and amortization | 51,957,361 | 833,519 | 364,116 | |||||||||||
Taxes and insurance | 21,692,015 | 369,926 | 212,056 | |||||||||||
Repairs and maintenance | 30,845,127 | 725,213 | 295,363 | |||||||||||
Operating expenses | 63,854,366 | 1,085,217 | 525,305 | |||||||||||
Impairment loss | 3,256,264 | - | - | |||||||||||
Other expenses | 4,877,397 | 82,619 | 58,488 | |||||||||||
215,423,924 | 3,563,196 | 2,013,341 | ||||||||||||
NET INCOME (LOSS) | $ | -31,637,652 | $ | -296,160 | $ | -87,763 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -23,592,748 | $ | -220,356 | $ | -86,888 | ||||||||
Net income (loss) allocated to other partners | $ | -8,044,904 | $ | -75,804 | $ | -875 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 22 | Series 23 | Series 24 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 2,790,949 | $ | 4,449,155 | $ | 2,921,646 | ||||||||
Interest and other | 115,557 | 682,242 | 48,728 | |||||||||||
2,906,506 | 5,131,397 | 2,970,374 | ||||||||||||
Expenses | ||||||||||||||
Interest | 616,699 | 855,738 | 484,029 | |||||||||||
Depreciation and amortization | 687,204 | 1,108,148 | 823,333 | |||||||||||
Taxes and insurance | 415,308 | 605,947 | 355,178 | |||||||||||
Repairs and maintenance | 608,483 | 959,801 | 626,544 | |||||||||||
Operating expenses | 865,090 | 1,623,908 | 1,235,535 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 80,902 | 77,277 | 32,348 | |||||||||||
3,273,686 | 5,230,819 | 3,556,967 | ||||||||||||
NET INCOME (LOSS) | $ | -367,180 | $ | -99,422 | $ | -586,593 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -159,268 | $ | -178,090 | $ | -428,611 | ||||||||
Net income (loss) allocated to other partners | $ | -207,912 | $ | 78,668 | $ | -157,982 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 25 | Series 26 | Series 27 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 1,292,260 | $ | 7,059,713 | $ | 7,763,100 | ||||||||
Interest and other | 62,091 | 276,452 | 138,723 | |||||||||||
1,354,351 | 7,336,165 | 7,901,823 | ||||||||||||
Expenses | ||||||||||||||
Interest | 228,093 | 1,298,067 | 1,614,202 | |||||||||||
Depreciation and amortization | 297,500 | 1,958,890 | 2,051,886 | |||||||||||
Taxes and insurance | 136,078 | 1,092,240 | 857,168 | |||||||||||
Repairs and maintenance | 253,084 | 1,325,248 | 1,232,293 | |||||||||||
Operating expenses | 543,537 | 2,680,092 | 2,275,198 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 21,995 | 138,428 | 331,056 | |||||||||||
1,480,287 | 8,492,965 | 8,361,803 | ||||||||||||
NET INCOME (LOSS) | $ | -125,936 | $ | -1,156,800 | $ | -459,980 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -130,543 | $ | -900,257 | $ | -262,813 | ||||||||
Net income (loss) allocated to other partners | $ | 4,607 | $ | -256,543 | $ | -197,167 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 28 | Series 29 | Series 30 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,549,364 | $ | 7,665,813 | $ | 5,009,216 | ||||||||
Interest and other | 217,120 | 299,284 | 146,020 | |||||||||||
9,766,484 | 7,965,097 | 5,155,236 | ||||||||||||
Expenses | ||||||||||||||
Interest | 1,529,272 | 1,495,218 | 591,825 | |||||||||||
Depreciation and amortization | 2,410,366 | 2,577,574 | 1,220,215 | |||||||||||
Taxes and insurance | 1,150,108 | 1,018,811 | 560,768 | |||||||||||
Repairs and maintenance | 1,587,459 | 1,309,363 | 1,038,133 | |||||||||||
Operating expenses | 3,313,014 | 3,148,497 | 2,435,214 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 277,850 | 156,782 | 99,834 | |||||||||||
10,268,069 | 9,706,245 | 5,945,989 | ||||||||||||
NET INCOME (LOSS) | $ | -501,585 | $ | -1,741,148 | $ | -790,753 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -888,944 | $ | -1,439,168 | $ | -680,994 | ||||||||
Net income (loss) allocated to other partners | $ | 387,359 | $ | -301,980 | $ | -109,759 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 31 | Series 32 | Series 33 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,949,808 | $ | 7,634,347 | $ | 6,123,803 | ||||||||
Interest and other | 424,427 | 254,253 | 242,562 | |||||||||||
10,374,235 | 7,888,600 | 6,366,365 | ||||||||||||
Expenses | ||||||||||||||
Interest | 1,342,653 | 1,606,959 | 1,188,867 | |||||||||||
Depreciation and amortization | 2,803,462 | 2,728,955 | 2,132,318 | |||||||||||
Taxes and insurance | 1,377,668 | 1,019,354 | 729,103 | |||||||||||
Repairs and maintenance | 1,633,151 | 1,255,596 | 801,421 | |||||||||||
Operating expenses | 3,766,388 | 2,737,950 | 2,887,400 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 1,224,406 | 461,099 | 187,942 | |||||||||||
12,147,728 | 9,809,913 | 7,927,051 | ||||||||||||
NET INCOME (LOSS) | $ | -1,773,493 | $ | -1,921,313 | $ | -1,560,686 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -2,070,330 | $ | -1,389,322 | $ | -615,022 | ||||||||
Net income (loss) allocated to other partners | $ | 296,837 | $ | -531,991 | $ | -945,664 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 34 | Series 35 | Series 36 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 7,125,743 | $ | 6,236,019 | $ | 4,646,529 | ||||||||
Interest and other | 251,321 | 188,184 | 119,673 | |||||||||||
7,377,064 | 6,424,203 | 4,766,202 | ||||||||||||
Expenses | ||||||||||||||
Interest | 1,108,317 | 1,446,772 | 979,761 | |||||||||||
Depreciation and amortization | 2,649,406 | 2,007,389 | 1,519,627 | |||||||||||
Taxes and insurance | 920,389 | 806,853 | 576,269 | |||||||||||
Repairs and maintenance | 985,148 | 1,045,890 | 629,919 | |||||||||||
Operating expenses | 3,432,032 | 2,292,709 | 1,859,376 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 73,816 | 70,597 | 79,706 | |||||||||||
9,169,108 | 7,670,210 | 5,644,658 | ||||||||||||
NET INCOME (LOSS) | $ | -1,792,044 | $ | -1,246,007 | $ | -878,456 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -1,312,415 | $ | -767,266 | $ | -478,049 | ||||||||
Net income (loss) allocated to other partners | $ | -479,629 | $ | -478,741 | $ | -400,407 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
   | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 37 | Series 38 | Series 39 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 5,671,145 | $ | 4,468,299 | $ | 3,493,551 | ||||||||
Interest and other | 241,035 | 198,322 | 230,400 | |||||||||||
5,912,180 | 4,666,621 | 3,723,951 | ||||||||||||
Expenses | ||||||||||||||
Interest | 935,342 | 997,278 | 782,342 | |||||||||||
Depreciation and amortization | 2,163,933 | 1,186,607 | 1,062,080 | |||||||||||
Taxes and insurance | 864,109 | 586,193 | 422,979 | |||||||||||
Repairs and maintenance | 980,595 | 789,296 | 722,798 | |||||||||||
Operating expenses | 2,837,748 | 1,664,967 | 1,533,442 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 94,258 | 134,556 | 168,293 | |||||||||||
7,875,985 | 5,358,897 | 4,691,934 | ||||||||||||
NET INCOME (LOSS) | $ | -1,963,805 | $ | -692,276 | $ | -967,983 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -1,554,735 | $ | -470,966 | $ | -696,905 | ||||||||
Net income (loss) allocated to other partners | $ | -409,070 | $ | -221,310 | $ | -271,078 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 40 | Series 41 | Series 42 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,759,763 | $ | 12,085,189 | $ | 10,464,730 | ||||||||
Interest and other | 406,345 | 406,373 | 314,315 | |||||||||||
10,166,108 | 12,491,562 | 10,779,045 | ||||||||||||
Expenses | ||||||||||||||
Interest | 3,065,470 | 3,564,669 | 2,561,019 | |||||||||||
Depreciation and amortization | 2,559,496 | 3,109,213 | 2,953,899 | |||||||||||
Taxes and insurance | 1,337,080 | 1,389,326 | 989,132 | |||||||||||
Repairs and maintenance | 1,510,497 | 1,876,465 | 1,903,921 | |||||||||||
Operating expenses | 2,606,942 | 3,067,800 | 3,185,289 | |||||||||||
Impairment loss | - | - | - | |||||||||||
Other expenses | 168,243 | 209,349 | 164,945 | |||||||||||
11,247,728 | 13,216,822 | 11,758,205 | ||||||||||||
NET INCOME (LOSS) | $ | -1,081,620 | $ | -725,260 | $ | -979,160 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -564,539 | $ | -648,068 | $ | -906,635 | ||||||||
Net income (loss) allocated to other partners | $ | -517,081 | $ | -77,192 | $ | -72,525 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
Series 43 | Series 44 | Series 45 | ||||||||||||
Revenue | ||||||||||||||
Rent | $ | 9,746,620 | $ | 9,363,405 | $ | 11,006,877 | ||||||||
Interest and other | 386,064 | 298,125 | 393,017 | |||||||||||
10,132,684 | 9,661,530 | 11,399,894 | ||||||||||||
Expenses | ||||||||||||||
Interest | 2,383,554 | 3,215,927 | 2,670,928 | |||||||||||
Depreciation and amortization | 3,156,153 | 2,832,942 | 3,244,996 | |||||||||||
Taxes and insurance | 952,266 | 908,796 | 1,344,030 | |||||||||||
Repairs and maintenance | 1,749,546 | 1,867,320 | 2,096,510 | |||||||||||
Operating expenses | 3,214,566 | 3,125,238 | 3,950,971 | |||||||||||
Impairment loss | - | 3,256,264 | - | |||||||||||
Other expenses | 147,196 | 97,173 | 188,513 | |||||||||||
11,603,281 | 15,303,660 | 13,495,948 | ||||||||||||
NET INCOME (LOSS) | $ | -1,470,597 | $ | -5,642,130 | $ | -2,096,054 | ||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -459,909 | $ | -4,425,568 | $ | -1,271,775 | ||||||||
Net income (loss) allocated to other partners | $ | -1,010,688 | $ | -1,216,562 | $ | -824,279 | ||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
  | ||||||||||||||
The combined summarized statements of operations of the operating limited partnerships for the year ended December 31, 2012 for operating limited partnerships in which Series 20 through Series 46 had an interest as of December 31, 2012 are as follows: | ||||||||||||||
  | ||||||||||||||
Series 46 | ||||||||||||||
Revenue | ||||||||||||||
Rent | $ | 5,760,603 | ||||||||||||
Interest and other | 215,378 | |||||||||||||
5,975,981 | ||||||||||||||
Expenses | ||||||||||||||
Interest | 1,353,678 | |||||||||||||
Depreciation and amortization | 1,514,134 | |||||||||||||
Taxes and insurance | 694,880 | |||||||||||||
Repairs and maintenance | 1,036,070 | |||||||||||||
Operating expenses | 1,960,941 | |||||||||||||
Impairment loss | - | |||||||||||||
Other expenses | 49,726 | |||||||||||||
6,609,429 | ||||||||||||||
NET INCOME (LOSS) | $ | -633,448 | ||||||||||||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. * | $ | -585,312 | ||||||||||||
Net income (loss) allocated to other partners | $ | -48,136 | ||||||||||||
* | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||||||||||||
NOTES_RECEIVABLE_Tables
NOTES RECEIVABLE (Tables) | 12 Months Ended | |||||||
Mar. 31, 2014 | ||||||||
Receivables [Abstract] | ' | |||||||
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | ' | |||||||
The notes at March 31, 2014 and 2013 by series are as follows: | ||||||||
2014 | 2013 | |||||||
Series 20 | $ | - | $ | - | ||||
Series 21 | - | - | ||||||
Series 22 | - | - | ||||||
Series 23 | - | - | ||||||
Series 24 | - | - | ||||||
Series 25 | - | - | ||||||
Series 26 | - | - | ||||||
Series 27 | - | - | ||||||
Series 28 | - | - | ||||||
Series 29 | - | - | ||||||
Series 30 | - | - | ||||||
Series 31 | - | - | ||||||
Series 32 | - | 46,908 | ||||||
Series 33 | - | - | ||||||
Series 34 | - | - | ||||||
Series 35 | - | - | ||||||
Series 36 | - | - | ||||||
Series 37 | - | - | ||||||
Series 38 | - | - | ||||||
Series 39 | - | - | ||||||
Series 40 | - | - | ||||||
Series 41 | - | - | ||||||
Series 42 | 22,790 | 22,790 | ||||||
Series 43 | - | - | ||||||
Series 44 | - | - | ||||||
Series 45 | - | - | ||||||
Series 46 | - | - | ||||||
$ | 22,790 | $ | 69,698 | |||||
RECONCILIATION_OF_FINANCIAL_ST1
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Tables) | 12 Months Ended | ||||||||||
Mar. 31, 2014 | |||||||||||
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Abstract] | ' | ||||||||||
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Table Text Block] | ' | ||||||||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Total | Series 20 | Series 21 | |||||||||
Net income (loss) for financial reporting purposes | $ | -4,310,963 | $ | 606,391 | $ | 3,069 | |||||
Operating limited partnership rents received in advance | -6,007 | - | -17 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -3,180,283 | -539,749 | -20,070 | ||||||||
Other | 14,775,748 | 992,434 | 316,382 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -16,299,042 | -366,227 | -98,321 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -6,231,944 | -74,539 | -177,554 | ||||||||
Impairment loss not recognized for tax purposes | 7,116,275 | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -10,529,310 | -288,923 | -83,572 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -18,665,526 | $ | 329,387 | $ | -60,083 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 22 | Series 23 | Series 24 | |||||||||
Net income (loss) for financial reporting purposes | $ | -98,478 | $ | -125,463 | $ | 1,625,695 | |||||
Operating limited partnership rents received in advance | - | - | 2,879 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -26,305 | 71,819 | -2,468,363 | ||||||||
Other | 972,788 | 197,451 | 1,989,051 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -264,711 | -361,723 | -241,279 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -69,076 | -227,036 | -30,246 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -136,555 | -14,194 | -1,636,274 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | 377,663 | $ | -459,146 | $ | -758,537 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 25 | Series 26 | Series 27 | |||||||||
Net income (loss) for financial reporting purposes | $ | -59,679 | $ | 2,736,763 | $ | 2,385,674 | |||||
Operating limited partnership rents received in advance | - | -449 | 136 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | - | -499,347 | -1,559,279 | ||||||||
Other | 593,391 | 3,879,632 | 1,619,880 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -43,041 | -842,204 | -277,730 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -138,555 | -214,874 | -181,302 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -386,563 | -4,213,369 | -1,123,176 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -34,447 | $ | 846,152 | $ | 864,203 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 28 | Series 29 | Series 30 | |||||||||
Net income (loss) for financial reporting purposes | $ | 992,304 | $ | 68,179 | $ | -170,958 | |||||
Operating limited partnership rents received in advance | -50 | -3,627 | 7,664 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -870,954 | 75,854 | 155,148 | ||||||||
Other | 863,713 | -2,703,508 | 80,092 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -953,311 | -1,065,191 | -621,294 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -222,830 | -294,360 | -176,205 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -292,930 | -308,456 | -22,236 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -484,058 | $ | -4,231,109 | $ | -747,789 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 31 | Series 32 | Series 33 | |||||||||
Net income (loss) for financial reporting purposes | $ | 337,127 | $ | -196,777 | $ | -130,088 | |||||
Operating limited partnership rents received in advance | - | -2,419 | -466 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 279,204 | 270,411 | 123,408 | ||||||||
Other | -565,343 | 899,882 | 78,067 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,155,732 | -1,433,129 | -566,103 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -444,727 | -208,100 | -140,906 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -597,142 | -64,279 | -28,128 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -2,146,613 | $ | -734,411 | $ | -664,216 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 34 | Series 35 | Series 36 | |||||||||
Net income (loss) for financial reporting purposes | $ | -37,107 | $ | -25,674 | $ | -121,517 | |||||
Operating limited partnership rents received in advance | -3,831 | 15,521 | - | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 256,596 | 202,082 | -867,520 | ||||||||
Other | 121,042 | 135,633 | 4,218,381 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,227,938 | -688,552 | -489,323 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -177,657 | -254,172 | -158,926 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -216,769 | -256,794 | -104,445 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -1,285,664 | $ | -871,956 | $ | 2,476,650 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 37 | Series 38 | Series 39 | |||||||||
Net income (loss) for financial reporting purposes | $ | -187,483 | $ | -103,034 | $ | -135,596 | |||||
Operating limited partnership rents received in advance | -18,883 | -6,905 | -6,903 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 204,864 | 164,400 | 136,800 | ||||||||
Other | 1,190,800 | 358,421 | 337,442 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,423,309 | -447,771 | -594,093 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -189,389 | -396,454 | -286,803 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -97,290 | -89,091 | -103,140 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -520,690 | $ | -520,434 | $ | -652,293 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 40 | Series 41 | Series 42 | |||||||||
Net income (loss) for financial reporting purposes | $ | -207,935 | $ | -165,403 | $ | -578,220 | |||||
Operating limited partnership rents received in advance | 2,625 | -702 | -1,127 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 200,016 | 185,732 | 198,700 | ||||||||
Other | -20,535 | 175,191 | 508,920 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -726,480 | -621,885 | -792,226 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -202,424 | -294,646 | -288,776 | ||||||||
Impairment loss not recognized for tax purposes | - | - | 212,553 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -116,716 | -230,907 | -54,300 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -1,071,449 | $ | -952,620 | $ | -794,476 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 43 | Series 44 | Series 45 | |||||||||
Net income (loss) for financial reporting purposes | $ | -1,582,420 | $ | -2,529,532 | $ | -3,485,593 | |||||
Operating limited partnership rents received in advance | -908 | 2,360 | - | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 306,780 | 277,353 | 312,609 | ||||||||
Other | 65,862 | -1,448,171 | -251,745 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -547,642 | -372,037 | -57,205 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -317,839 | -341,059 | -243,079 | ||||||||
Impairment loss not recognized for tax purposes | 972,475 | 1,696,224 | 2,293,749 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -99,277 | 183,685 | -29,551 | ||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -1,202,969 | $ | -2,531,177 | $ | -1,460,815 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The Fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2014 is reconciled as follows: | |||||||||||
Series 46 | |||||||||||
Net income (loss) for financial reporting purposes | $ | -3,125,208 | |||||||||
Operating limited partnership rents received in advance | 9,095 | ||||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 249,528 | ||||||||||
Other | 170,595 | ||||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -20,585 | ||||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -480,410 | ||||||||||
Impairment loss not recognized for tax purposes | 1,941,274 | ||||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | ||||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -118,918 | ||||||||||
Income (loss) for tax return purposes, December 31, 2013 | $ | -1,374,629 | |||||||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Total | Series 20 | Series 21 | |||||||||
Net income (loss) for financial reporting purposes | $ | -9,286,324 | $ | -132,037 | $ | -94,652 | |||||
Operating limited partnership rents received in advance | 27,748 | -9,847 | 20,766 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -1,085,849 | -182,010 | -7,920 | ||||||||
Other | 5,372,512 | 1,187,690 | 954,139 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -20,689,989 | -220,356 | -86,888 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -6,562,753 | -88,946 | -176,857 | ||||||||
Impairment loss not recognized for tax purposes | 9,932,388 | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | 3,255,938 | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -10,320,275 | -633,924 | -108,953 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -29,356,604 | $ | -79,430 | $ | 499,635 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 22 | Series 23 | Series 24 | |||||||||
Net income (loss) for financial reporting purposes | $ | 173,710 | $ | 7,680 | $ | 1,665,868 | |||||
Operating limited partnership rents received in advance | - | - | -995 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -106,926 | 50,289 | -199,408 | ||||||||
Other | 482,776 | -7,338 | 1,435,560 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -159,268 | -178,090 | -428,611 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -82,051 | -221,153 | -79,286 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -193,569 | -78,968 | -1,789,948 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | 114,672 | $ | -427,580 | $ | 603,180 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 25 | Series 26 | Series 27 | |||||||||
Net income (loss) for financial reporting purposes | $ | 3,048,059 | $ | 1,778,373 | $ | 416,424 | |||||
Operating limited partnership rents received in advance | - | - | -26 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -914,217 | -2,061,461 | -571,566 | ||||||||
Other | 1,257,686 | -2,342,668 | -468,704 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -130,543 | -900,257 | -262,813 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -93,726 | -384,543 | -303,209 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -4,074,777 | -667,681 | -793,118 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -907,518 | $ | -4,578,237 | $ | -1,983,012 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 28 | Series 29 | Series 30 | |||||||||
Net income (loss) for financial reporting purposes | $ | 145,521 | $ | -445,991 | $ | -99,836 | |||||
Operating limited partnership rents received in advance | -203 | 7,127 | - | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -83,328 | 281,404 | 65,063 | ||||||||
Other | -532,107 | 34,138 | 548,253 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -888,944 | -1,439,168 | -680,994 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -279,724 | -362,360 | -174,505 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -88,847 | 45,923 | -94,152 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -1,727,632 | $ | -1,878,927 | $ | -436,171 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 31 | Series 32 | Series 33 | |||||||||
Net income (loss) for financial reporting purposes | $ | -173,701 | $ | -250,554 | $ | -123,940 | |||||
Operating limited partnership rents received in advance | -2,488 | -112 | 498 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 222,463 | 181,115 | 48,408 | ||||||||
Other | 445,811 | 515,613 | 52,777 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -2,070,330 | -1,389,322 | -615,022 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -472,089 | -230,122 | -149,574 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -47,842 | -99,306 | -29,581 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -2,098,176 | $ | -1,272,688 | $ | -816,434 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 34 | Series 35 | Series 36 | |||||||||
Net income (loss) for financial reporting purposes | $ | -241,582 | $ | -229,818 | $ | 1,171,987 | |||||
Operating limited partnership rents received in advance | 3,672 | - | 1,032 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 274,896 | 213,030 | 104,061 | ||||||||
Other | 1,201,511 | -406,637 | 483,466 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,312,415 | -767,266 | -478,049 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -189,537 | -275,425 | -147,886 | ||||||||
Impairment loss not recognized for tax purposes | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -71,194 | -148,045 | -918,088 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -334,649 | $ | -1,614,161 | $ | 216,523 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 37 | Series 38 | Series 39 | |||||||||
Net income (loss) for financial reporting purposes | $ | -195,816 | $ | -143,068 | $ | -254,218 | |||||
Operating limited partnership rents received in advance | -512 | 3,332 | 2,031 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 104,864 | 64,400 | 86,800 | ||||||||
Other | 309,920 | 139,501 | 138,327 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,554,735 | -446,193 | -607,980 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -170,075 | -388,648 | -269,222 | ||||||||
Impairment loss not recognized for tax purposes | - | - | 31,426 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -92,399 | -135,875 | -94,884 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -1,598,753 | $ | -906,551 | $ | -967,720 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 40 | Series 41 | Series 42 | |||||||||
Net income (loss) for financial reporting purposes | $ | -506,558 | $ | -1,379,525 | $ | -1,816,283 | |||||
Operating limited partnership rents received in advance | 1,336 | 583 | 880 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 200,016 | 213,068 | 99,240 | ||||||||
Other | 236,679 | 167,716 | 53,575 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -419,385 | -333,869 | -527,871 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -193,586 | -244,603 | -249,496 | ||||||||
Impairment loss not recognized for tax purposes | 159,516 | 686,802 | 1,141,092 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -130,421 | -21,986 | -51,368 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -652,403 | $ | -911,814 | $ | -1,350,231 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 43 | Series 44 | Series 45 | |||||||||
Net income (loss) for financial reporting purposes | $ | -2,884,319 | $ | -1,930,330 | $ | -3,626,224 | |||||
Operating limited partnership rents received in advance | 674 | - | - | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 281,780 | 259,700 | 140,862 | ||||||||
Other | -245,073 | -491,708 | 352,267 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -134,805 | -4,133,937 | -522,878 | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -211,864 | -334,458 | -349,757 | ||||||||
Impairment loss not recognized for tax purposes | 2,181,276 | 981,206 | 2,475,746 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | 3,255,938 | - | ||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -58,003 | 256,128 | -120,732 | ||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -1,070,334 | $ | -2,137,461 | $ | -1,650,716 | |||||
For income tax purposes, the Fund reports using a December 31 year end. The fund’s net income (loss) for financial reporting and tax return purposes for the year ended March 31, 2013 is reconciled as follows: | |||||||||||
Series 46 | |||||||||||
Net income (loss) for financial reporting purposes | $ | -3,165,494 | |||||||||
Operating limited partnership rents received in advance | - | ||||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 149,528 | ||||||||||
Other | -130,658 | ||||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | - | ||||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets | -440,051 | ||||||||||
Impairment loss not recognized for tax purposes | 2,275,324 | ||||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | ||||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes | -78,665 | ||||||||||
Income (loss) for tax return purposes, December 31, 2012 | $ | -1,390,016 | |||||||||
Schedule Of Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Table Text Block] | ' | ||||||||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Total | Series 20 | Series 21 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 76,082,802 | $ | -2,870,528 | $ | -1,734,996 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 87,884,506 | 3,054,043 | 2,584,152 | ||||||||
Impairment loss in investment in operating limited partnerships | -216,038,394 | -1,333,677 | -118,301 | ||||||||
Historic tax credits - cumulative | 978,267 | 570,617 | - | ||||||||
Less share of loss - three months ended March 31, 2014 | -1,117,450 | -90,622 | -221,074 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 57,538,970 | 670,167 | -509,781 | ||||||||
Investments in operating limited partnerships - as reported | $ | 5,328,701 | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 22 | Series 23 | Series 24 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | -2,216,485 | $ | 656,490 | $ | -911,837 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 1,708,122 | 2,436,164 | 2,148,403 | ||||||||
Impairment loss in investment in operating limited partnerships | -1,618,823 | -6,353,837 | -1,636,215 | ||||||||
Historic tax credits - cumulative | 223,537 | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | -25,824 | -54,934 | -841 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,929,473 | 3,316,117 | 400,490 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 25 | Series 26 | Series 27 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 1,280,497 | $ | -3,510,773 | $ | -1,806,555 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 467,648 | 5,296,972 | 1,965,626 | ||||||||
Impairment loss in investment in operating limited partnerships | -3,245,521 | -4,338,427 | -4,558,902 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | -31,239 | -114,788 | -204,661 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,528,615 | 2,667,016 | 4,604,492 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 28 | Series 29 | Series 30 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 8,721,367 | $ | -3,533,205 | $ | 1,088,370 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 4,221,023 | 7,179,789 | 3,318,142 | ||||||||
Impairment loss in investment in operating limited partnerships | -16,476,882 | -5,875,856 | -6,613,997 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | -79,180 | -204,728 | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 3,613,672 | 2,434,000 | 2,207,485 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 31 | Series 32 | Series 33 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | -75,435 | $ | 6,429,738 | $ | 4,589,822 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 7,965,109 | 6,317,426 | 2,659,844 | ||||||||
Impairment loss in investment in operating limited partnerships | -11,182,057 | -14,763,087 | -9,162,728 | ||||||||
Historic tax credits - cumulative | - | 184,113 | - | ||||||||
Less share of loss - three months ended March 31, 2014 | -89,559 | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 3,381,942 | 1,831,810 | 1,913,062 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 34 | Series 35 | Series 36 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 3,558,773 | $ | 4,244,912 | $ | 4,233,303 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 5,821,899 | 3,511,421 | 1,659,966 | ||||||||
Impairment loss in investment in operating limited partnerships | -10,625,803 | -11,273,719 | -7,246,265 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,245,131 | 3,517,386 | 1,352,996 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 37 | Series 38 | Series 39 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 2,065,352 | $ | 6,284,314 | $ | 4,738,394 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 6,441,485 | 3,627,297 | 3,876,967 | ||||||||
Impairment loss in investment in operating limited partnerships | -7,792,558 | -10,527,541 | -7,438,510 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | -714,279 | 615,930 | -1,176,851 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 40 | Series 41 | Series 42 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 7,248,337 | $ | 768,256 | $ | 5,533,010 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 1,365,798 | 2,219,955 | 2,319,513 | ||||||||
Impairment loss in investment in operating limited partnerships | -10,639,800 | -7,005,127 | -10,428,111 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 2,025,665 | 4,016,916 | 2,575,588 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 43 | Series 44 | Series 45 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 7,665,048 | $ | 1,396,639 | $ | 12,010,027 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 2,380,028 | 3,122,647 | 194,482 | ||||||||
Impairment loss in investment in operating limited partnerships | -13,050,566 | -6,453,489 | -14,657,544 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2014 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 3,183,820 | 1,934,203 | 4,457,527 | ||||||||
Investments in operating limited partnerships - as reported | $ | 178,330 | $ | - | $ | 2,004,492 | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2014 are as follows: | |||||||||||
Series 46 | |||||||||||
Investments in operating limited partnerships - tax return December 31, 2013 | $ | 10,229,967 | |||||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 20,585 | ||||||||||
Impairment loss in investment in operating limited partnerships | -11,621,051 | ||||||||||
Historic tax credits - cumulative | - | ||||||||||
Less share of loss - three months ended March 31, 2014 | - | ||||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | ||||||||||
Other | 4,516,378 | ||||||||||
Investments in operating limited partnerships - as reported | $ | 3,145,879 | |||||||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Total | Series 20 | Series 21 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 95,791,218 | $ | -2,702,097 | $ | -1,709,448 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 83,929,078 | 2,747,749 | 2,799,954 | ||||||||
Impairment loss in investment in operating limited partnerships | -226,099,776 | -1,648,785 | -118,301 | ||||||||
Historic tax credits - cumulative | 978,267 | 570,617 | - | ||||||||
Less share of loss - three months ended March 31, 2013 | -1,326,821 | -86,256 | -219,339 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | 3,256,264 | - | - | ||||||||
Other | 57,077,708 | 1,118,772 | -752,866 | ||||||||
Investments in operating limited partnerships - as reported | $ | 13,605,938 | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 22 | Series 23 | Series 24 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | -2,855,486 | $ | 1,047,798 | $ | -1,087,314 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 2,729,559 | 2,074,441 | 3,181,496 | ||||||||
Impairment loss in investment in operating limited partnerships | -1,725,087 | -6,344,121 | -2,395,773 | ||||||||
Historic tax credits - cumulative | 223,537 | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | -25,824 | -54,934 | -37,933 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,653,301 | 3,276,816 | 339,524 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 25 | Series 26 | Series 27 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 1,546,192 | $ | -3,672,336 | $ | -458,437 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 476,326 | 6,192,769 | 2,149,024 | ||||||||
Impairment loss in investment in operating limited partnerships | -3,403,453 | -5,322,693 | -6,453,941 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | -31,239 | -114,788 | -266,164 | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,412,174 | 2,917,048 | 5,029,518 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 28 | Series 29 | Series 30 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 9,982,115 | $ | 878,137 | $ | 1,798,113 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 3,317,018 | 7,193,417 | 2,714,894 | ||||||||
Impairment loss in investment in operating limited partnerships | -16,711,233 | -10,932,738 | -6,609,159 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | -99,756 | -265,241 | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 3,511,856 | 3,126,425 | 2,096,152 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 31 | Series 32 | Series 33 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 2,105,367 | $ | 7,183,259 | $ | 5,219,230 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 7,706,614 | 5,680,810 | 2,093,741 | ||||||||
Impairment loss in investment in operating limited partnerships | -14,021,758 | -14,759,194 | -9,101,023 | ||||||||
Historic tax credits - cumulative | - | 184,113 | - | ||||||||
Less share of loss - three months ended March 31, 2013 | -125,347 | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 4,335,124 | 1,711,012 | 1,788,052 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
  | |||||||||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 34 | Series 35 | Series 36 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 4,847,738 | $ | 5,042,852 | $ | 667,274 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 4,593,961 | 2,825,313 | 1,170,643 | ||||||||
Impairment loss in investment in operating limited partnerships | -11,601,216 | -11,273,719 | -7,216,579 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 2,159,517 | 3,405,554 | 5,378,662 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 37 | Series 38 | Series 39 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 2,510,968 | $ | 6,780,035 | $ | 5,291,296 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 5,018,176 | 3,181,015 | 3,282,894 | ||||||||
Impairment loss in investment in operating limited partnerships | -8,855,671 | -10,498,790 | -7,420,197 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,326,527 | 537,740 | -1,153,993 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | - | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 40 | Series 41 | Series 42 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 8,209,133 | $ | 1,583,326 | $ | 6,214,105 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 639,318 | 1,480,788 | 1,497,482 | ||||||||
Impairment loss in investment in operating limited partnerships | -10,596,325 | -6,968,657 | -10,059,798 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | - | - | ||||||||
Other | 1,747,874 | 3,904,543 | 2,458,129 | ||||||||
Investments in operating limited partnerships - as reported | $ | - | $ | - | $ | 109,918 | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 43 | Series 44 | Series 45 | |||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 8,778,167 | $ | 3,800,040 | $ | 13,291,628 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 1,834,207 | 6,568,883 | 778,586 | ||||||||
Impairment loss in investment in operating limited partnerships | -11,853,725 | -8,041,733 | -12,456,025 | ||||||||
Historic tax credits - cumulative | - | - | - | ||||||||
Less share of loss - three months ended March 31, 2013 | - | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | 3,256,264 | - | ||||||||
Other | 2,709,259 | -4,504,236 | 3,339,358 | ||||||||
Investments in operating limited partnerships - as reported | $ | 1,467,908 | $ | 1,079,218 | $ | 4,953,547 | |||||
The differences between the investments in operating limited partnerships for tax purposes and financial statement purposes at March 31, 2013 are as follows: | |||||||||||
Series 46 | |||||||||||
Investments in operating limited partnerships - tax return December 31, 2012 | $ | 11,499,563 | |||||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | - | ||||||||||
Impairment loss in investment in operating limited partnerships | -9,710,082 | ||||||||||
Historic tax credits - cumulative | - | ||||||||||
Less share of loss - three months ended March 31, 2013 | - | ||||||||||
Operating limited partnership impairment loss not recognized for tax purposes | - | ||||||||||
Other | 4,205,866 | ||||||||||
Investments in operating limited partnerships - as reported | $ | 5,995,347 | |||||||||
ORGANIZATION_AND_SUMMARY_OF_SI3
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) | Mar. 31, 2014 | Mar. 31, 2013 |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 83,651,080 | 83,651,080 |
Partners Capital Account Units Outstanding | 83,626,246 | 83,644,880 |
Series Twenty [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 3,866,700 | 3,866,700 |
Partners Capital Account Units Outstanding | 3,864,700 | 3,865,700 |
Series Twenty One [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 1,892,700 | 1,892,700 |
Partners Capital Account Units Outstanding | 1,888,200 | 1,890,700 |
Series Twenty Two [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,564,400 | 2,564,400 |
Partners Capital Account Units Outstanding | 2,561,400 | 2,564,400 |
Series Twenty Three [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 3,336,727 | 3,336,727 |
Partners Capital Account Units Outstanding | 3,336,227 | 3,336,727 |
Series Twenty Four [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,169,878 | 2,169,878 |
Partners Capital Account Units Outstanding | 2,168,878 | 2,169,878 |
Series Twenty Five [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 3,026,109 | 3,026,109 |
Partners Capital Account Units Outstanding | 3,025,609 | 3,025,609 |
Series Twenty Six [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 3,995,900 | 3,995,900 |
Partners Capital Account Units Outstanding | 3,995,200 | 3,995,200 |
Series Twenty Seven [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,460,700 | 2,460,700 |
Partners Capital Account Units Outstanding | 2,460,700 | 2,460,700 |
Series Twenty Eight [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 4,000,738 | 4,000,738 |
Partners Capital Account Units Outstanding | 3,999,738 | 4,000,238 |
Series Twenty Nine [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 3,991,800 | 3,991,800 |
Partners Capital Account Units Outstanding | 3,991,300 | 3,991,800 |
Series Thirty [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,651,000 | 2,651,000 |
Partners Capital Account Units Outstanding | 2,651,000 | 2,651,000 |
Series Thirty One [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 4,417,857 | 4,417,857 |
Partners Capital Account Units Outstanding | 4,415,757 | 4,417,857 |
Series Thirty Two [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 4,754,198 | 4,754,198 |
Partners Capital Account Units Outstanding | 4,751,198 | 4,753,698 |
Series Thirty Three [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,636,533 | 2,636,533 |
Partners Capital Account Units Outstanding | 2,635,533 | 2,635,533 |
Series Thirty Four [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 3,529,319 | 3,529,319 |
Partners Capital Account Units Outstanding | 3,528,319 | 3,529,319 |
Series Thirty Five [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 3,300,463 | 3,300,463 |
Partners Capital Account Units Outstanding | 3,298,763 | 3,300,463 |
Series Thirty Six [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,106,838 | 2,106,838 |
Partners Capital Account Units Outstanding | 2,104,504 | 2,106,838 |
Series Thirty Seven [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,512,500 | 2,512,500 |
Partners Capital Account Units Outstanding | 2,512,500 | 2,512,500 |
Series Thirty Eight [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,543,100 | 2,543,100 |
Partners Capital Account Units Outstanding | 2,543,100 | 2,543,100 |
Series Thirty Nine [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,292,151 | 2,292,151 |
Partners Capital Account Units Outstanding | 2,292,151 | 2,292,151 |
Series Forty [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,630,256 | 2,630,256 |
Partners Capital Account Units Outstanding | 2,630,256 | 2,630,256 |
Series Forty One [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,891,626 | 2,891,626 |
Partners Capital Account Units Outstanding | 2,891,626 | 2,891,626 |
Series Forty Two [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,744,262 | 2,744,262 |
Partners Capital Account Units Outstanding | 2,744,262 | 2,744,262 |
Series Forty Three [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 3,637,987 | 3,637,987 |
Partners Capital Account Units Outstanding | 3,637,987 | 3,637,987 |
Series Forty Four [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,701,973 | 2,701,973 |
Partners Capital Account Units Outstanding | 2,701,973 | 2,701,973 |
Series Forty Five [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 4,014,367 | 4,014,367 |
Partners Capital Account Units Outstanding | 4,014,367 | 4,014,367 |
Series Forty Six [Member] | ' | ' |
Capital Unit [Line Items] | ' | ' |
Partners Capital Account Units Issued | 2,980,998 | 2,980,998 |
Partners Capital Account Units Outstanding | 2,980,998 | 2,980,998 |
ORGANIZATION_AND_SUMMARY_OF_SI4
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) (USD $) | 12 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | $133,584 | $1,546,534 |
Acquisition Costs Impairment | 1,139,623 | 147,078 |
Series Twenty [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Twenty One [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Twenty Two [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Twenty Three [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Twenty Four [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Twenty Five [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Twenty Six [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Twenty Seven [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 261,567 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Twenty Eight [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Twenty Nine [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Thirty [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Thirty One [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Thirty Two [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Thirty Three [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Thirty Four [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Thirty Five [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Thirty Six [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Thirty Seven [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Thirty Eight [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Thirty Nine [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Forty [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Forty One [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | 0 | 113,304 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Forty Two [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 69,160 |
Acquisition Costs Impairment | 207,482 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Forty Three [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 133,584 | 66,792 |
Acquisition Costs Impairment | 0 | 0 |
Remaining Life Acquisition Costs (Years) | '3 years | ' |
Series Forty Four [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 1,131,199 |
Acquisition Costs Impairment | 848,390 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Forty Five [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 17,816 |
Acquisition Costs Impairment | 53,446 | 0 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
Series Forty Six [Member] | ' | ' |
Operating Partnerships Valuation Allowance [Line Items] | ' | ' |
Accumulated Amortization | 0 | 0 |
Acquisition Costs Impairment | $30,305 | $33,774 |
Remaining Life Acquisition Costs (Years) | '0 years | ' |
ORGANIZATION_AND_SUMMARY_OF_SI5
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) | 12 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 83,640,389 | 83,646,014 |
Series Twenty [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 3,865,450 | 3,865,700 |
Series Twenty One [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 1,890,075 | 1,890,700 |
Series Twenty Two [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,563,650 | 2,564,400 |
Series Twenty Three [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 3,336,602 | 3,336,727 |
Series Twenty Four [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,169,628 | 2,169,878 |
Series Twenty Five [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 3,025,609 | 3,025,609 |
Series Twenty Six [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 3,995,200 | 3,995,667 |
Series Twenty Seven [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,460,700 | 2,460,700 |
Series Twenty Eight [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 4,000,113 | 4,000,238 |
Series Twenty Nine [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 3,991,675 | 3,991,800 |
Series Thirty [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,651,000 | 2,651,000 |
Series Thirty One [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 4,417,332 | 4,417,857 |
Series Thirty Two [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 4,753,240 | 4,753,698 |
Series Thirty Three [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,635,533 | 2,636,200 |
Series Thirty Four [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 3,529,069 | 3,529,319 |
Series Thirty Five [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 3,300,038 | 3,300,463 |
Series Thirty Six [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,106,255 | 2,106,838 |
Series Thirty Seven [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,512,500 | 2,512,500 |
Series Thirty Eight [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,543,100 | 2,543,100 |
Series Thirty Nine [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,292,151 | 2,292,151 |
Series Forty [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,630,256 | 2,630,256 |
Series Forty One [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,891,626 | 2,891,626 |
Series Forty Two [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,744,262 | 2,744,262 |
Series Forty Three [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 3,637,987 | 3,637,987 |
Series Forty Four [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,701,973 | 2,701,973 |
Series Forty Five [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 4,014,367 | 4,014,367 |
Series Forty Six [Member] | ' | ' |
Calculation Of Net Loss Per Beneficial Assignee Partnership Unit Numerator and Denominator In Earnings Per Share [Line Items] | ' | ' |
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted | 2,980,998 | 2,980,998 |
ORGANIZATION_AND_SUMMARY_OF_SI6
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $) | 12 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Organization And Summary Of Significant Accounting Policies [Line Items] | ' | ' |
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest | 99.00% | ' |
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest | 1.00% | ' |
Limited Partners Capital Account Per Units | 10 | ' |
Units of limited partnership interest, authorized | 101,500,000 | ' |
Deferred Tax Assets, Valuation Allowance | $571,985 | $571,905 |
Impairment loss | 7,116,275 | 9,932,388 |
Amortization Period Of Acquisition Costs Straight Line Method | '27 years 6 months | ' |
Impairment Loss Of Acquisition Costs | 1,139,623 | 147,078 |
Amortized Deferred Acquisition Costs Year One | 66,792 | ' |
Amortized Deferred Acquisition Costs Year Two | 66,792 | ' |
Amortized Deferred Acquisition Costs Year Three | $66,792 | ' |
RELATED_PARTY_TRANSACTIONS_Det
RELATED PARTY TRANSACTIONS (Details) (USD $) | 12 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | $5,299,204 | $5,707,375 |
Asset Management and Reporting Fee | 1,229,739 | 1,184,371 |
Fund Management Fee net of Asset Management and Reporting Fee | 4,069,465 | 4,523,004 |
Series Twenty [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 88,653 | 105,990 |
Asset Management and Reporting Fee | 11,304 | 10,885 |
Fund Management Fee net of Asset Management and Reporting Fee | 77,349 | 95,105 |
Series Twenty One [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 58,930 | 67,080 |
Asset Management and Reporting Fee | 3,676 | 3,051 |
Fund Management Fee net of Asset Management and Reporting Fee | 55,254 | 64,029 |
Series Twenty Two [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 64,070 | 121,368 |
Asset Management and Reporting Fee | 5,000 | 16,887 |
Fund Management Fee net of Asset Management and Reporting Fee | 59,070 | 104,481 |
Series Twenty Three [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 90,719 | 113,039 |
Asset Management and Reporting Fee | 6,500 | 14,625 |
Fund Management Fee net of Asset Management and Reporting Fee | 84,219 | 98,414 |
Series Twenty Four [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 91,732 | 122,334 |
Asset Management and Reporting Fee | 111,298 | 17,490 |
Fund Management Fee net of Asset Management and Reporting Fee | -19,566 | 104,844 |
Series Twenty Five [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 47,508 | 76,550 |
Asset Management and Reporting Fee | 9,612 | 44,517 |
Fund Management Fee net of Asset Management and Reporting Fee | 37,896 | 32,033 |
Series Twenty Six [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 208,009 | 286,205 |
Asset Management and Reporting Fee | 187,315 | 80,405 |
Fund Management Fee net of Asset Management and Reporting Fee | 20,694 | 205,800 |
Series Twenty Seven [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 204,780 | 229,434 |
Asset Management and Reporting Fee | 78,159 | 103,260 |
Fund Management Fee net of Asset Management and Reporting Fee | 126,621 | 126,174 |
Series Twenty Eight [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 277,316 | 298,447 |
Asset Management and Reporting Fee | 120,474 | 141,421 |
Fund Management Fee net of Asset Management and Reporting Fee | 156,842 | 157,026 |
Series Twenty Nine [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 307,485 | 331,404 |
Asset Management and Reporting Fee | 59,597 | 59,017 |
Fund Management Fee net of Asset Management and Reporting Fee | 247,888 | 272,387 |
Series Thirty [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 155,148 | 163,063 |
Asset Management and Reporting Fee | 19,861 | 33,471 |
Fund Management Fee net of Asset Management and Reporting Fee | 135,287 | 129,592 |
Series Thirty One [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 329,204 | 345,693 |
Asset Management and Reporting Fee | 62,574 | 164,357 |
Fund Management Fee net of Asset Management and Reporting Fee | 266,630 | 181,336 |
Series Thirty Two [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 271,860 | 281,115 |
Asset Management and Reporting Fee | 61,166 | 53,540 |
Fund Management Fee net of Asset Management and Reporting Fee | 210,694 | 227,575 |
Series Thirty Three [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 123,408 | 123,408 |
Asset Management and Reporting Fee | 16,389 | 16,389 |
Fund Management Fee net of Asset Management and Reporting Fee | 107,019 | 107,019 |
Series Thirty Four [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 256,596 | 274,896 |
Asset Management and Reporting Fee | 17,321 | 16,654 |
Fund Management Fee net of Asset Management and Reporting Fee | 239,275 | 258,242 |
Series Thirty Five [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 202,082 | 213,030 |
Asset Management and Reporting Fee | 52,603 | 20,385 |
Fund Management Fee net of Asset Management and Reporting Fee | 149,479 | 192,645 |
Series Thirty Six [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 132,480 | 154,061 |
Asset Management and Reporting Fee | 19,023 | 100,251 |
Fund Management Fee net of Asset Management and Reporting Fee | 113,457 | 53,810 |
Series Thirty Seven [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 204,864 | 204,864 |
Asset Management and Reporting Fee | 20,389 | 18,518 |
Fund Management Fee net of Asset Management and Reporting Fee | 184,475 | 186,346 |
Series Thirty Eight [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 164,400 | 164,400 |
Asset Management and Reporting Fee | 22,599 | 31,044 |
Fund Management Fee net of Asset Management and Reporting Fee | 141,801 | 133,356 |
Series Thirty Nine [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 136,800 | 136,800 |
Asset Management and Reporting Fee | 17,748 | 23,923 |
Fund Management Fee net of Asset Management and Reporting Fee | 119,052 | 112,877 |
Series Forty [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 200,016 | 200,016 |
Asset Management and Reporting Fee | 21,590 | 24,394 |
Fund Management Fee net of Asset Management and Reporting Fee | 178,426 | 175,622 |
Series Forty One [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 237,732 | 238,068 |
Asset Management and Reporting Fee | 38,056 | 22,075 |
Fund Management Fee net of Asset Management and Reporting Fee | 199,676 | 215,993 |
Series Forty Two [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 248,700 | 249,240 |
Asset Management and Reporting Fee | 63,265 | 40,195 |
Fund Management Fee net of Asset Management and Reporting Fee | 185,435 | 209,045 |
Series Forty Three [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 306,780 | 306,780 |
Asset Management and Reporting Fee | 60,352 | 38,157 |
Fund Management Fee net of Asset Management and Reporting Fee | 246,428 | 268,623 |
Series Forty Four [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 277,353 | 284,700 |
Asset Management and Reporting Fee | 52,403 | 22,930 |
Fund Management Fee net of Asset Management and Reporting Fee | 224,950 | 261,770 |
Series Forty Five [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 363,051 | 365,862 |
Asset Management and Reporting Fee | 54,934 | 47,088 |
Fund Management Fee net of Asset Management and Reporting Fee | 308,117 | 318,774 |
Series Forty Six [Member] | ' | ' |
Partnership Management Fee and Reporting Fee [Line Items] | ' | ' |
Gross Fund Management Fee | 249,528 | 249,528 |
Asset Management and Reporting Fee | 36,531 | 19,442 |
Fund Management Fee net of Asset Management and Reporting Fee | $212,997 | $230,086 |
RELATED_PARTY_TRANSACTIONS_Det1
RELATED PARTY TRANSACTIONS (Details 1) (USD $) | 12 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | $8,479,487 | $6,793,224 |
Series Twenty [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 628,402 | 288,000 |
Series Twenty One [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 79,000 | 75,000 |
Series Twenty Two [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 90,375 | 228,294 |
Series Twenty Three [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 18,900 | 62,750 |
Series Twenty Four [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 2,560,095 | 321,742 |
Series Twenty Five [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 47,508 | 990,767 |
Series Twenty Six [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 707,356 | 2,347,666 |
Series Twenty Seven [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 1,764,059 | 801,000 |
Series Twenty Eight [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 1,148,270 | 381,775 |
Series Twenty Nine [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 231,631 | 50,000 |
Series Thirty [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 0 | 98,000 |
Series Thirty One [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 50,000 | 123,230 |
Series Thirty Two [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 1,449 | 100,000 |
Series Thirty Three [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 0 | 75,000 |
Series Thirty Four [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 0 | 0 |
Series Thirty Five [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 0 | 0 |
Series Thirty Six [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 1,000,000 | 50,000 |
Series Thirty Seven [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 0 | 100,000 |
Series Thirty Eight [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 0 | 100,000 |
Series Thirty Nine [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 0 | 50,000 |
Series Forty [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 0 | 0 |
Series Forty One [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 52,000 | 25,000 |
Series Forty Two [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 50,000 | 150,000 |
Series Forty Three [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 0 | 25,000 |
Series Forty Four [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 0 | 25,000 |
Series Forty Five [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | 50,442 | 225,000 |
Series Forty Six [Member] | ' | ' |
Partnership Management Fees Paid [Line Items] | ' | ' |
Fund management fees paid | $0 | $100,000 |
RELATED_PARTY_TRANSACTIONS_Det2
RELATED PARTY TRANSACTIONS (Details 2) (USD $) | Mar. 31, 2014 | Mar. 31, 2013 |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | $1,371,186 | $1,324,473 |
Series Twenty [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Twenty One [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Twenty Two [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Twenty Three [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Twenty Four [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Twenty Five [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Twenty Six [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Twenty Seven [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Twenty Eight [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Twenty Nine [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Thirty [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Thirty One [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Thirty Two [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Thirty Three [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 54,660 | 54,660 |
Series Thirty Four [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 133,578 | 120,842 |
Series Thirty Five [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Thirty Six [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Thirty Seven [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Thirty Eight [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Thirty Nine [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 220,455 | 220,455 |
Series Forty [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 359,629 | 347,144 |
Series Forty One [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 359,757 | 359,757 |
Series Forty Two [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 221,615 | 221,615 |
Series Forty Three [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 0 | 0 |
Series Forty Four [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 12,495 | 0 |
Series Forty Five [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | 8,997 | 0 |
Series Forty Six [Member] | ' | ' |
Advances From Affiliate [Line Items] | ' | ' |
Advances From The Affiliate Of General Partner | $0 | $0 |
RELATED_PARTY_TRANSACTIONS_Det3
RELATED PARTY TRANSACTIONS (Details 3) (USD $) | 12 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | $352,566 | $445,581 |
Series Twenty [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 13,320 | 17,507 |
Series Twenty One [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 10,180 | 13,730 |
Series Twenty Two [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 11,792 | 16,241 |
Series Twenty Three [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 13,081 | 17,016 |
Series Twenty Four [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 11,458 | 15,169 |
Series Twenty Five [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 12,154 | 15,813 |
Series Twenty Six [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 16,057 | 20,672 |
Series Twenty Seven [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 11,979 | 15,320 |
Series Twenty Eight [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 14,353 | 18,266 |
Series Twenty Nine [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 14,663 | 18,633 |
Series Thirty [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 12,284 | 15,721 |
Series Thirty One [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 15,196 | 19,021 |
Series Thirty Two [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 14,268 | 18,156 |
Series Thirty Three [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 11,031 | 14,425 |
Series Thirty Four [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 12,736 | 16,326 |
Series Thirty Five [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 12,216 | 15,766 |
Series Thirty Six [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 10,822 | 14,157 |
Series Thirty Seven [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 10,690 | 14,016 |
Series Thirty Eight [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 11,184 | 14,561 |
Series Thirty Nine [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 10,889 | 13,938 |
Series Forty [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 12,485 | 15,451 |
Series Forty One [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 14,228 | 17,001 |
Series Forty Two [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 16,252 | 17,940 |
Series Forty Three [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 15,570 | 18,219 |
Series Forty Four [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 12,495 | 15,173 |
Series Forty Five [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | 17,433 | 20,278 |
Series Forty Six [Member] | ' | ' |
General Administrative Expenses [Line Items] | ' | ' |
General Administrative and Professional Fee Amount Paid | $13,750 | $17,065 |
RELATED_PARTY_TRANSACTIONS_Det4
RELATED PARTY TRANSACTIONS (Details Textual) (USD $) | 12 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Related Party Transaction [Line Items] | ' | ' |
Percentage Of Annual Management Fee | 0.50% | ' |
Accrued Management Fees | $48,671,049 | $51,851,332 |
Series Thirty Four [Member] | ' | ' |
Related Party Transaction [Line Items] | ' | ' |
Proceeds from Collection of Advance From An Affiliate | 12,736 | 15,860 |
Series Thirty Six [Member] | ' | ' |
Related Party Transaction [Line Items] | ' | ' |
Proceeds from Collection of Advance From An Affiliate | ' | 129,612 |
Series Forty [Member] | ' | ' |
Related Party Transaction [Line Items] | ' | ' |
Proceeds from Collection of Advance From An Affiliate | 12,485 | 9,616 |
Series Forty Four [Member] | ' | ' |
Related Party Transaction [Line Items] | ' | ' |
Proceeds from Collection of Advance From An Affiliate | 12,495 | ' |
Series Forty Five [Member] | ' | ' |
Related Party Transaction [Line Items] | ' | ' |
Proceeds from Collection of Advance From An Affiliate | $8,997 | ' |
INVESTMENTS_IN_OPERATING_LIMIT2
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS (Details) | Mar. 31, 2014 | Mar. 31, 2013 |
Number | Number | |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 361 | 399 |
Series Twenty [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 8 | 11 |
Series Twenty One [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 4 | 5 |
Series Twenty Two [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 8 | 10 |
Series Twenty Three [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 11 | 11 |
Series Twenty Four [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 7 | 13 |
Series Twenty Five [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 6 | 7 |
Series Twenty Six [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 24 | 31 |
Series Twenty Seven [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 10 | 13 |
Series Twenty Eight [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 19 | 20 |
Series Twenty Nine [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 17 | 21 |
Series Thirty [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 16 | 16 |
Series Thirty One [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 22 | 25 |
Series Thirty Two [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 14 | 15 |
Series Thirty Three [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 8 | 8 |
Series Thirty Four [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 12 | 13 |
Series Thirty Five [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 10 | 10 |
Series Thirty Six [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 9 | 9 |
Series Thirty Seven [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 7 | 7 |
Series Thirty Eight [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 10 | 10 |
Series Thirty Nine [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 9 | 9 |
Series Forty [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 16 | 16 |
Series Forty One [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 19 | 20 |
Series Forty Two [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 21 | 21 |
Series Forty Three [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 23 | 23 |
Series Forty Four [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 8 | 10 |
Series Forty Five [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 28 | 30 |
Series Forty Six [Member] | ' | ' |
Number Of Operating Partnerships [Line Items] | ' | ' |
Number Of Operating Partnerships | 15 | 15 |
INVESTMENTS_IN_OPERATING_LIMIT3
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS (Details 1) (USD $) | 12 Months Ended | |||
Mar. 31, 2014 | Mar. 31, 2013 | |||
Number | Number | |||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 23 | 37 | ||
Sale of Underlying Operating Partnership | 15 | 9 | ||
Partnership Proceeds from Disposition | $10,499,552 | [1] | $8,740,321 | [2] |
Gain on Disposition | 9,882,625 | 9,359,210 | ||
Series Twenty [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 3 | 1 | ||
Sale of Underlying Operating Partnership | 0 | 0 | ||
Partnership Proceeds from Disposition | 722,000 | [1] | 6,402 | [2] |
Gain on Disposition | 722,000 | 6,402 | ||
Series Twenty One [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 1 | 1 | ||
Sale of Underlying Operating Partnership | 0 | 0 | ||
Partnership Proceeds from Disposition | 79,000 | [1] | 0 | [2] |
Gain on Disposition | 79,000 | 0 | ||
Series Twenty Two [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 2 | 8 | ||
Sale of Underlying Operating Partnership | 0 | 2 | ||
Partnership Proceeds from Disposition | 0 | [1] | 318,670 | [2] |
Gain on Disposition | 0 | 318,670 | ||
Series Twenty Three [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | ' | 4 | ||
Sale of Underlying Operating Partnership | ' | 0 | ||
Partnership Proceeds from Disposition | 0 | 82,930 | [2] | |
Gain on Disposition | 0 | 82,930 | ||
Series Twenty Four [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 3 | 3 | ||
Sale of Underlying Operating Partnership | 3 | 2 | ||
Partnership Proceeds from Disposition | 1,630,062 | [1] | 1,793,701 | [2] |
Gain on Disposition | 1,630,062 | 1,793,701 | ||
Series Twenty Five [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 1 | 2 | ||
Sale of Underlying Operating Partnership | 0 | 2 | ||
Partnership Proceeds from Disposition | 618,889 | [1] | 2,477,731 | [2] |
Gain on Disposition | 0 | 3,096,620 | ||
Series Twenty Six [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 1 | 7 | ||
Sale of Underlying Operating Partnership | 6 | 1 | ||
Partnership Proceeds from Disposition | 2,801,657 | [1] | 2,007,273 | [2] |
Gain on Disposition | 2,801,657 | 2,007,273 | ||
Series Twenty Seven [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 2 | 1 | ||
Sale of Underlying Operating Partnership | 1 | 1 | ||
Partnership Proceeds from Disposition | 2,508,394 | [1] | 582,228 | [2] |
Gain on Disposition | 2,508,394 | 582,228 | ||
Series Twenty Eight [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 1 | 4 | ||
Sale of Underlying Operating Partnership | 0 | 0 | ||
Partnership Proceeds from Disposition | 939,495 | [1] | 53,550 | [2] |
Gain on Disposition | 939,495 | 53,550 | ||
Series Twenty Nine [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 2 | ' | ||
Sale of Underlying Operating Partnership | 2 | ' | ||
Partnership Proceeds from Disposition | 342,694 | [1] | 0 | |
Gain on Disposition | 344,656 | 0 | ||
Series Thirty [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | ' | 1 | ||
Sale of Underlying Operating Partnership | ' | 0 | ||
Partnership Proceeds from Disposition | 0 | 72,943 | [2] | |
Gain on Disposition | 0 | 72,943 | ||
Series Thirty One [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 3 | 1 | ||
Sale of Underlying Operating Partnership | 0 | 0 | ||
Partnership Proceeds from Disposition | 624,556 | [1] | 48,230 | [2] |
Gain on Disposition | 624,556 | 48,230 | ||
Series Thirty Two [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 1 | 0 | ||
Sale of Underlying Operating Partnership | 0 | 0 | ||
Partnership Proceeds from Disposition | 3,428 | [1] | 1,449 | [2] |
Gain on Disposition | 3,428 | 1,449 | ||
Series Thirty Three [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Partnership Proceeds from Disposition | 0 | 0 | ||
Series Thirty Four [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 1 | 1 | ||
Sale of Underlying Operating Partnership | 0 | 0 | ||
Partnership Proceeds from Disposition | 176,333 | [1] | 0 | [2] |
Gain on Disposition | 176,333 | 0 | ||
Series Thirty Five [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | ' | 1 | ||
Sale of Underlying Operating Partnership | ' | 0 | ||
Partnership Proceeds from Disposition | 0 | 52,500 | [2] | |
Gain on Disposition | 0 | 52,500 | ||
Series Thirty Six [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | ' | 1 | ||
Sale of Underlying Operating Partnership | ' | 1 | ||
Partnership Proceeds from Disposition | 0 | 1,242,272 | [2] | |
Gain on Disposition | 0 | 1,242,272 | ||
Series Forty One [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 1 | ' | ||
Sale of Underlying Operating Partnership | 0 | ' | ||
Partnership Proceeds from Disposition | 52,000 | [1] | 0 | |
Gain on Disposition | 52,000 | 0 | ||
Series Fourty Two [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | ' | 1 | ||
Sale of Underlying Operating Partnership | ' | 0 | ||
Partnership Proceeds from Disposition | ' | 0 | [2] | |
Gain on Disposition | ' | 0 | ||
Series Forty Four [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 0 | ' | ||
Sale of Underlying Operating Partnership | 2 | ' | ||
Partnership Proceeds from Disposition | 0 | [1] | 0 | |
Gain on Disposition | 0 | ' | ||
Series Forty Five [Member] | ' | ' | ||
Dispositions By Series [Line Items] | ' | ' | ||
Operating Partnership Interest Transferred | 1 | 0 | ||
Sale of Underlying Operating Partnership | 1 | 0 | ||
Partnership Proceeds from Disposition | 1,044 | [1] | 442 | [2] |
Gain on Disposition | $1,044 | $442 | ||
[1] | Fund proceeds from disposition include $618,889 recorded as a receivable as of March 31, 2013, for Series 25. Proceeds from disposition does not include $1,962 which was due to a writeoff of capital contribution payable for Series 29. | |||
[2] | Fund proceeds from disposition does not include $618,889 recorded as a receivable as of March 31, 2013 for Series 25. |
INVESTMENTS_IN_OPERATING_LIMIT4
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS (Details 2) (USD $) | Mar. 31, 2014 | Mar. 31, 2013 |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | $664,260 | $1,111,008 |
Series Twenty [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 0 | 0 |
Series Twenty One [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 0 | 0 |
Series Twenty Two [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 9,352 | 9,352 |
Series Twenty Three [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 0 | 0 |
Series Twenty Four [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 0 | 0 |
Series Twenty Five [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 0 | 0 |
Series Twenty Six [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 1,293 | 1,293 |
Series Twenty Seven [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 10,020 | 10,020 |
Series Twenty Eight [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 40,968 | 40,968 |
Series Twenty Nine [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 8,235 | 10,197 |
Series Thirty [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 127,396 | 127,396 |
Series Thirty One [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 66,294 | 66,294 |
Series Thirty Two [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 3,486 | 173,561 |
Series Thirty Three [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 69,154 | 69,154 |
Series Thirty Four [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 0 | 0 |
Series Thirty Five [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 0 | 0 |
Series Thirty Six [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 0 | 0 |
Series Thirty Seven [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 138,438 | 138,438 |
Series Thirty Eight [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 0 | 0 |
Series Thirty Nine [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 0 | 0 |
Series Forty [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 102 | 102 |
Series Forty One [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 100 | 100 |
Series Forty Two [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 73,433 | 73,433 |
Series Forty Three [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 99,265 | 121,112 |
Series Forty Four [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 0 | 252,864 |
Series Forty Five [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | 16,724 | 16,724 |
Series Forty Six [Member] | ' | ' |
Contributions Payable [Line Items] | ' | ' |
Capital contributions payable | $0 | $0 |
INVESTMENTS_IN_OPERATING_LIMIT5
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS (Details 3) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | $435,973,036 | ' | $468,450,655 | ' |
Acquisition costs of operating limited partnerships | 25,929,137 | ' | 29,435,629 | ' |
Cumulative distributions from operating limited partnerships | -3,187,008 | ' | -3,169,469 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -216,038,394 | ' | -226,099,776 | ' |
Cumulative losses from operating limited partnerships | -237,348,070 | ' | -255,011,101 | ' |
Investments in operating limited partnerships per balance sheet | 5,328,701 | ' | 13,605,938 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -2,570,666 | ' | -3,160,003 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -4,142,502 | ' | -4,063,046 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 1,117,450 | ' | 1,326,821 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -87,884,506 | ' | -83,929,078 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 1,300,991 | ' | 1,326,492 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 216,038,394 | ' | 226,099,776 | ' |
Other | -2,313,297 | ' | -2,557,875 | ' |
Equity per operating limited partnerships' combined financial statements | 126,874,565 | 126,874,565 | 148,649,025 | 148,649,025 |
Series Twenty [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 5,333,121 | ' | 6,699,980 | ' |
Acquisition costs of operating limited partnerships | 719,243 | ' | 861,676 | ' |
Cumulative distributions from operating limited partnerships | -26,017 | ' | -33,517 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -1,333,677 | ' | -1,648,785 | ' |
Cumulative losses from operating limited partnerships | -4,692,670 | ' | -5,879,354 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | 0 | ' | 0 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 90,622 | ' | 86,256 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -3,054,043 | ' | -2,747,749 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 6,576 | ' | 7,898 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 1,333,677 | ' | 1,648,785 | ' |
Other | -41,692 | ' | -20,933 | ' |
Equity per operating limited partnerships' combined financial statements | -1,664,860 | -1,664,860 | -1,025,743 | -1,025,743 |
Series Twenty One [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 3,570,455 | ' | 3,762,893 | ' |
Acquisition costs of operating limited partnerships | 590,143 | ' | 602,529 | ' |
Cumulative distributions from operating limited partnerships | -22,441 | ' | -22,441 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -118,301 | ' | -118,301 | ' |
Cumulative losses from operating limited partnerships | -4,019,856 | ' | -4,224,680 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | 0 | ' | 0 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 221,074 | ' | 219,339 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -2,584,152 | ' | -2,799,954 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 118,301 | ' | 118,301 | ' |
Other | -170,410 | ' | -164,829 | ' |
Equity per operating limited partnerships' combined financial statements | -2,415,187 | -2,415,187 | -2,627,143 | -2,627,143 |
Series Twenty Two [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 3,854,180 | ' | 4,561,122 | ' |
Acquisition costs of operating limited partnerships | 455,092 | ' | 556,775 | ' |
Cumulative distributions from operating limited partnerships | 0 | ' | -2,987 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -1,618,823 | ' | -1,725,087 | ' |
Cumulative losses from operating limited partnerships | -2,690,449 | ' | -3,389,823 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -384,587 | ' | -481,359 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -157,772 | ' | -157,772 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 25,824 | ' | 25,824 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -1,708,122 | ' | -2,729,559 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 1,618,823 | ' | 1,725,087 | ' |
Other | -86,354 | ' | -136,248 | ' |
Equity per operating limited partnerships' combined financial statements | -692,188 | -692,188 | -1,754,027 | -1,754,027 |
Series Twenty Three [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 10,391,895 | ' | 10,391,895 | ' |
Acquisition costs of operating limited partnerships | 1,552,411 | ' | 1,552,411 | ' |
Cumulative distributions from operating limited partnerships | 0 | ' | 0 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -6,353,837 | ' | -6,344,121 | ' |
Cumulative losses from operating limited partnerships | -5,590,469 | ' | -5,600,185 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -11,581 | ' | -11,581 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -62,597 | ' | -62,597 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 54,934 | ' | 54,934 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -2,436,164 | ' | -2,074,441 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 34,901 | ' | 34,901 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 6,353,837 | ' | 6,344,121 | ' |
Other | -112,531 | ' | -112,529 | ' |
Equity per operating limited partnerships' combined financial statements | 3,820,799 | 3,820,799 | 4,172,808 | 4,172,808 |
Series Twenty Four [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 4,404,391 | ' | 6,663,058 | ' |
Acquisition costs of operating limited partnerships | 562,541 | ' | 867,087 | ' |
Cumulative distributions from operating limited partnerships | -34,932 | ' | -34,932 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -1,636,215 | ' | -2,395,773 | ' |
Cumulative losses from operating limited partnerships | -3,295,785 | ' | -5,099,440 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -30,158 | ' | -30,158 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -91,548 | ' | -91,548 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 841 | ' | 37,933 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -2,148,403 | ' | -3,181,496 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 6,688 | ' | 23,202 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 1,636,215 | ' | 2,395,773 | ' |
Other | 128,312 | ' | 138,307 | ' |
Equity per operating limited partnerships' combined financial statements | -498,053 | -498,053 | -707,987 | -707,987 |
Series Twenty Five [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 3,805,566 | ' | 3,949,669 | ' |
Acquisition costs of operating limited partnerships | 508,635 | ' | 530,964 | ' |
Cumulative distributions from operating limited partnerships | -69,547 | ' | -69,547 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -3,245,521 | ' | -3,403,453 | ' |
Cumulative losses from operating limited partnerships | -999,133 | ' | -1,007,633 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | 0 | ' | 0 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 31,239 | ' | 31,239 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -467,648 | ' | -476,326 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 3,245,521 | ' | 3,403,453 | ' |
Other | -66,326 | ' | -55,777 | ' |
Equity per operating limited partnerships' combined financial statements | 2,742,786 | 2,742,786 | 2,902,589 | 2,902,589 |
Series Twenty Six [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 11,884,296 | ' | 15,248,303 | ' |
Acquisition costs of operating limited partnerships | 1,664,905 | ' | 2,125,402 | ' |
Cumulative distributions from operating limited partnerships | -69,380 | ' | -69,380 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -4,338,427 | ' | -5,322,693 | ' |
Cumulative losses from operating limited partnerships | -9,141,394 | ' | -11,981,632 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -70,440 | ' | -70,440 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -59,837 | ' | -59,837 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 114,788 | ' | 114,788 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -5,296,972 | ' | -6,192,769 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 187,072 | ' | 187,072 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 4,338,427 | ' | 5,322,693 | ' |
Other | -105,757 | ' | -95,517 | ' |
Equity per operating limited partnerships' combined financial statements | -892,719 | -892,719 | -794,010 | -794,010 |
Series Twenty Seven [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 10,048,578 | ' | 13,173,497 | ' |
Acquisition costs of operating limited partnerships | 1,450,069 | ' | 1,913,345 | ' |
Cumulative distributions from operating limited partnerships | -14,167 | ' | -52,749 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -4,558,902 | ' | -6,453,941 | ' |
Cumulative losses from operating limited partnerships | -6,925,578 | ' | -8,580,152 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -286,388 | ' | -286,388 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -449,204 | ' | -369,748 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 204,661 | ' | 266,164 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -1,965,626 | ' | -2,149,024 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 4,558,902 | ' | 6,453,941 | ' |
Other | -276,370 | ' | -217,897 | ' |
Equity per operating limited partnerships' combined financial statements | 1,785,975 | 1,785,975 | 3,697,048 | 3,697,048 |
Series Twenty Eight [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 23,441,799 | ' | 25,336,641 | ' |
Acquisition costs of operating limited partnerships | 3,437,921 | ' | 3,716,071 | ' |
Cumulative distributions from operating limited partnerships | -553,358 | ' | -553,380 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -16,476,882 | ' | -16,711,233 | ' |
Cumulative losses from operating limited partnerships | -9,849,480 | ' | -11,788,099 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -233,630 | ' | -233,630 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -665,053 | ' | -665,053 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 79,180 | ' | 99,756 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -4,221,023 | ' | -3,317,018 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 116,284 | ' | 116,284 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 16,476,882 | ' | 16,711,233 | ' |
Other | -563,831 | ' | -436,019 | ' |
Equity per operating limited partnerships' combined financial statements | 10,988,809 | 10,988,809 | 12,275,553 | 12,275,553 |
Series Twenty Nine [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 20,972,330 | ' | 28,419,361 | ' |
Acquisition costs of operating limited partnerships | 3,024,114 | ' | 4,100,111 | ' |
Cumulative distributions from operating limited partnerships | -20,179 | ' | -26,816 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -5,875,856 | ' | -10,932,738 | ' |
Cumulative losses from operating limited partnerships | -18,100,409 | ' | -21,559,918 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -83,498 | ' | -158,645 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -596,128 | ' | -596,128 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 204,728 | ' | 265,241 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -7,179,789 | ' | -7,193,417 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 7,039 | ' | 7,039 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 5,875,856 | ' | 10,932,738 | ' |
Other | -91,528 | ' | -104,030 | ' |
Equity per operating limited partnerships' combined financial statements | -1,863,320 | -1,863,320 | 3,152,798 | 3,152,798 |
Series Thirty [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 13,904,236 | ' | 13,904,236 | ' |
Acquisition costs of operating limited partnerships | 1,439,788 | ' | 1,439,788 | ' |
Cumulative distributions from operating limited partnerships | -53,204 | ' | -53,204 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -6,613,997 | ' | -6,609,159 | ' |
Cumulative losses from operating limited partnerships | -8,676,823 | ' | -8,681,661 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -135,225 | ' | -135,225 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -235,701 | ' | -235,701 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -3,318,142 | ' | -2,714,894 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 7,712 | ' | 7,712 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 6,613,997 | ' | 6,609,159 | ' |
Other | 1,847 | ' | 5,620 | ' |
Equity per operating limited partnerships' combined financial statements | 2,934,488 | 2,934,488 | 3,536,671 | 3,536,671 |
Series Thirty One [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 22,008,435 | ' | 25,644,054 | ' |
Acquisition costs of operating limited partnerships | 3,165,164 | ' | 3,688,096 | ' |
Cumulative distributions from operating limited partnerships | -31,404 | ' | -66,005 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -11,182,057 | ' | -14,021,758 | ' |
Cumulative losses from operating limited partnerships | -13,960,138 | ' | -15,244,387 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -47,462 | ' | -67,462 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -77,600 | ' | -77,600 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 89,559 | ' | 125,347 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -7,965,109 | ' | -7,706,614 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 30,562 | ' | 30,562 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 11,182,057 | ' | 14,021,758 | ' |
Other | -342,863 | ' | -341,543 | ' |
Equity per operating limited partnerships' combined financial statements | 2,869,144 | 2,869,144 | 5,984,448 | 5,984,448 |
Series Thirty Two [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 29,433,847 | ' | 29,567,115 | ' |
Acquisition costs of operating limited partnerships | 3,834,299 | ' | 3,834,299 | ' |
Cumulative distributions from operating limited partnerships | -101,211 | ' | -101,211 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -14,763,087 | ' | -14,759,194 | ' |
Cumulative losses from operating limited partnerships | -18,403,848 | ' | -18,541,009 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -172,318 | ' | -292,046 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -1,284,335 | ' | -1,284,335 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -6,317,426 | ' | -5,680,810 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 38,357 | ' | 38,357 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 14,763,087 | ' | 14,759,194 | ' |
Other | 322,700 | ' | 348,700 | ' |
Equity per operating limited partnerships' combined financial statements | 7,350,065 | 7,350,065 | 7,889,060 | 7,889,060 |
Series Thirty Three [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 14,744,596 | ' | 14,744,596 | ' |
Acquisition costs of operating limited partnerships | 1,349,820 | ' | 1,349,820 | ' |
Cumulative distributions from operating limited partnerships | -30,285 | ' | -30,285 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -9,162,728 | ' | -9,101,023 | ' |
Cumulative losses from operating limited partnerships | -6,901,403 | ' | -6,963,108 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -179,468 | ' | -179,468 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -167,193 | ' | -167,193 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -2,659,844 | ' | -2,093,741 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 9,684 | ' | 9,684 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 9,162,728 | ' | 9,101,023 | ' |
Other | -42,784 | ' | -39,291 | ' |
Equity per operating limited partnerships' combined financial statements | 6,123,123 | 6,123,123 | 6,631,014 | 6,631,014 |
Series Thirty Four [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 22,921,365 | ' | 23,771,378 | ' |
Acquisition costs of operating limited partnerships | 2,174,992 | ' | 2,297,255 | ' |
Cumulative distributions from operating limited partnerships | -20,308 | ' | -26,077 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -10,625,803 | ' | -11,601,216 | ' |
Cumulative losses from operating limited partnerships | -14,450,246 | ' | -14,441,340 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -38,698 | ' | -38,698 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | -295,534 | ' | -295,534 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -5,821,899 | ' | -4,593,961 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 6,464 | ' | 6,464 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 10,625,803 | ' | 11,601,216 | ' |
Other | -274,264 | ' | -257,710 | ' |
Equity per operating limited partnerships' combined financial statements | 4,201,872 | 4,201,872 | 6,421,777 | 6,421,777 |
Series Thirty Five [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 20,689,083 | ' | 20,689,083 | ' |
Acquisition costs of operating limited partnerships | 0 | ' | 0 | ' |
Cumulative distributions from operating limited partnerships | -30,252 | ' | -30,252 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -11,273,719 | ' | -11,273,719 | ' |
Cumulative losses from operating limited partnerships | -9,385,112 | ' | -9,385,112 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | 0 | ' | 0 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -3,511,421 | ' | -2,825,313 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 78,017 | ' | 78,017 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 11,273,719 | ' | 11,273,719 | ' |
Other | 7,538 | ' | 19,992 | ' |
Equity per operating limited partnerships' combined financial statements | 7,847,853 | 7,847,853 | 8,546,415 | 8,546,415 |
Series Thirty Six [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 13,848,639 | ' | 13,848,639 | ' |
Acquisition costs of operating limited partnerships | 0 | ' | 0 | ' |
Cumulative distributions from operating limited partnerships | -116,200 | ' | -116,200 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -7,246,265 | ' | -7,216,579 | ' |
Cumulative losses from operating limited partnerships | -6,486,174 | ' | -6,515,860 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -14,791 | ' | -14,791 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -1,659,966 | ' | -1,170,643 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 1,370 | ' | 1,370 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 7,246,265 | ' | 7,216,579 | ' |
Other | -99,055 | ' | -76,402 | ' |
Equity per operating limited partnerships' combined financial statements | 5,473,823 | 5,473,823 | 5,956,113 | 5,956,113 |
Series Thirty Seven [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 18,424,489 | ' | 18,424,489 | ' |
Acquisition costs of operating limited partnerships | 0 | ' | 0 | ' |
Cumulative distributions from operating limited partnerships | -202,524 | ' | -202,524 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -7,792,558 | ' | -8,855,671 | ' |
Cumulative losses from operating limited partnerships | -10,429,407 | ' | -9,366,294 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -155,365 | ' | -155,365 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -6,441,485 | ' | -5,018,176 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 303,810 | ' | 303,810 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 7,792,558 | ' | 8,855,671 | ' |
Other | -57,600 | ' | -8,607 | ' |
Equity per operating limited partnerships' combined financial statements | 1,441,918 | 1,441,918 | 3,977,333 | 3,977,333 |
Series Thirty Eight [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 18,852,167 | ' | 18,852,167 | ' |
Acquisition costs of operating limited partnerships | 0 | ' | 0 | ' |
Cumulative distributions from operating limited partnerships | -531,129 | ' | -531,129 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -10,527,541 | ' | -10,498,790 | ' |
Cumulative losses from operating limited partnerships | -7,793,497 | ' | -7,822,248 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | 0 | ' | 0 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -3,627,297 | ' | -3,181,015 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 59,461 | ' | 59,461 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 10,527,541 | ' | 10,498,790 | ' |
Other | -328,344 | ' | -266,828 | ' |
Equity per operating limited partnerships' combined financial statements | 6,631,361 | 6,631,361 | 7,110,408 | 7,110,408 |
Series Thirty Nine [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 16,699,847 | ' | 16,699,847 | ' |
Acquisition costs of operating limited partnerships | 0 | ' | 0 | ' |
Cumulative distributions from operating limited partnerships | -224,758 | ' | -224,758 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -7,438,510 | ' | -7,420,197 | ' |
Cumulative losses from operating limited partnerships | -9,036,579 | ' | -9,054,892 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | 0 | ' | 0 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -3,876,967 | ' | -3,282,894 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 279,219 | ' | 279,219 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 7,438,510 | ' | 7,420,197 | ' |
Other | -82,953 | ' | -71,431 | ' |
Equity per operating limited partnerships' combined financial statements | 3,757,809 | 3,757,809 | 4,345,091 | 4,345,091 |
Series Forty [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 19,336,992 | ' | 19,336,992 | ' |
Acquisition costs of operating limited partnerships | 0 | ' | 0 | ' |
Cumulative distributions from operating limited partnerships | -53,094 | ' | -53,094 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -10,639,800 | ' | -10,596,325 | ' |
Cumulative losses from operating limited partnerships | -8,644,098 | ' | -8,687,573 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -25,172 | ' | -25,172 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -1,365,798 | ' | -639,318 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 78,811 | ' | 78,811 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 10,639,800 | ' | 10,596,325 | ' |
Other | -171,079 | ' | -159,009 | ' |
Equity per operating limited partnerships' combined financial statements | 9,156,562 | 9,156,562 | 9,851,637 | 9,851,637 |
Series Forty One [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 17,319,216 | ' | 17,340,487 | ' |
Acquisition costs of operating limited partnerships | 0 | ' | 0 | ' |
Cumulative distributions from operating limited partnerships | -58,012 | ' | -58,012 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -7,005,127 | ' | -6,968,657 | ' |
Cumulative losses from operating limited partnerships | -10,256,077 | ' | -10,313,818 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 0 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -33,807 | ' | -33,807 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -2,219,955 | ' | -1,480,788 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 1,049 | ' | 1,049 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 7,005,127 | ' | 6,968,657 | ' |
Other | -230,969 | ' | -221,822 | ' |
Equity per operating limited partnerships' combined financial statements | 4,521,445 | 4,521,445 | 5,233,289 | 5,233,289 |
Series Forty Two [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 19,690,646 | ' | 19,690,646 | ' |
Acquisition costs of operating limited partnerships | 0 | ' | 0 | ' |
Cumulative distributions from operating limited partnerships | -111,750 | ' | -109,245 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -10,428,111 | ' | -10,059,798 | ' |
Cumulative losses from operating limited partnerships | -9,150,785 | ' | -9,411,685 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 109,918 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -409,845 | ' | -409,845 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -2,319,513 | ' | -1,497,482 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 20,012 | ' | 20,012 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 10,428,111 | ' | 10,059,798 | ' |
Other | 194,228 | ' | -65,078 | ' |
Equity per operating limited partnerships' combined financial statements | 7,912,993 | 7,912,993 | 8,217,323 | 8,217,323 |
Series Forty Three [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 26,617,048 | ' | 26,617,048 | ' |
Acquisition costs of operating limited partnerships | 0 | ' | 0 | ' |
Cumulative distributions from operating limited partnerships | -337,804 | ' | -289,277 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -13,050,566 | ' | -11,853,725 | ' |
Cumulative losses from operating limited partnerships | -13,050,348 | ' | -13,006,138 | ' |
Investments in operating limited partnerships per balance sheet | 178,330 | ' | 1,467,908 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -121,319 | ' | -143,165 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -2,380,028 | ' | -1,834,207 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 13,050,566 | ' | 11,853,725 | ' |
Other | 243,042 | ' | -149,571 | ' |
Equity per operating limited partnerships' combined financial statements | 10,970,591 | 10,970,591 | 11,194,690 | 11,194,690 |
Series Forty Four [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 15,745,838 | ' | 19,381,437 | ' |
Acquisition costs of operating limited partnerships | 0 | ' | 0 | ' |
Cumulative distributions from operating limited partnerships | -49,763 | ' | -49,763 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -6,453,489 | ' | -8,041,733 | ' |
Cumulative losses from operating limited partnerships | -9,242,586 | ' | -10,210,723 | ' |
Investments in operating limited partnerships per balance sheet | 0 | ' | 1,079,218 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | 0 | ' | -255,844 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -3,122,647 | ' | -6,568,883 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 0 | ' | 2,230 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 6,453,489 | ' | 8,041,733 | ' |
Other | -40,728 | ' | -27,388 | ' |
Equity per operating limited partnerships' combined financial statements | 3,290,114 | 3,290,114 | 2,271,066 | 2,271,066 |
Series Forty Five [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 25,706,915 | ' | 29,408,956 | ' |
Acquisition costs of operating limited partnerships | 0 | ' | 0 | ' |
Cumulative distributions from operating limited partnerships | -305,087 | ' | -263,099 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -14,657,544 | ' | -12,456,025 | ' |
Cumulative losses from operating limited partnerships | -8,739,792 | ' | -11,736,285 | ' |
Investments in operating limited partnerships per balance sheet | 2,004,492 | ' | 4,953,547 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -129,725 | ' | -129,725 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -194,482 | ' | -778,586 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 23,309 | ' | 28,744 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 14,657,544 | ' | 12,456,025 | ' |
Other | -11,108 | ' | -21,194 | ' |
Equity per operating limited partnerships' combined financial statements | 16,350,030 | 16,350,030 | 16,508,811 | 16,508,811 |
Series Forty Six [Member] | ' | ' | ' | ' |
Funds Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' | ' |
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs | 22,323,066 | ' | 22,323,066 | ' |
Acquisition costs of operating limited partnerships | 0 | ' | 0 | ' |
Cumulative distributions from operating limited partnerships | -120,202 | ' | -99,585 | ' |
Cumulative impairment loss in investments in operating limited partnerships | -11,621,051 | ' | -9,710,082 | ' |
Cumulative losses from operating limited partnerships | -7,435,934 | ' | -6,518,052 | ' |
Investments in operating limited partnerships per balance sheet | 3,145,879 | ' | 5,995,347 | ' |
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2014 & 2013 which have not been included in the partnership's capital account included in the operating limited partnership's financial statements as of December 31, 2013 & 2012 (see note A). | -7,189 | ' | -7,189 | ' |
The Fund has recorded acquisition costs at March 31, 2014 & 2013 which have not been recorded in the net assets of the operating limited partnerships (see note A). | 0 | ' | 0 | ' |
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A). | 0 | ' | 0 | ' |
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A). | -20,585 | ' | 0 | ' |
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A). | 4,594 | ' | 4,594 | ' |
Cumulative impairment loss in investments in operating limited partnerships | 11,621,051 | ' | 9,710,082 | ' |
Other | -14,418 | ' | -20,841 | ' |
Equity per operating limited partnerships' combined financial statements | $14,729,332 | $14,729,332 | $15,681,993 | $15,681,993 |
INVESTMENTS_IN_OPERATING_LIMIT6
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS (Details 4) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | $804,332,315 | ' | $926,355,460 |
Land | ' | 80,926,445 | ' | 92,169,960 |
Other assets | ' | 95,869,177 | ' | 102,647,493 |
Total Assets | ' | 981,127,937 | ' | 1,121,172,913 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 695,075,698 | ' | 786,714,302 |
Accounts payable and accrued expenses | ' | 34,451,133 | ' | 36,047,804 |
Other liabilities | ' | 102,740,402 | ' | 115,855,204 |
Liabilities | ' | 832,267,233 | ' | 938,617,310 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 126,874,565 | 126,874,565 | 148,649,025 | 148,649,025 |
Other partners | ' | 21,986,139 | ' | 33,906,578 |
Partners Capital | ' | 148,860,704 | ' | 182,555,603 |
Liabilities and Stockholders Equity | ' | 981,127,937 | ' | 1,121,172,913 |
Series Twenty [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 7,618,706 | ' | 10,155,776 |
Land | ' | 599,606 | ' | 839,313 |
Other assets | ' | 1,664,413 | ' | 2,037,492 |
Total Assets | ' | 9,882,725 | ' | 13,032,581 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 9,608,148 | ' | 12,212,275 |
Accounts payable and accrued expenses | ' | 329,159 | ' | 287,009 |
Other liabilities | ' | 1,700,962 | ' | 1,510,700 |
Liabilities | ' | 11,638,269 | ' | 14,009,984 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | -1,664,860 | -1,664,860 | -1,025,743 | -1,025,743 |
Other partners | ' | -90,684 | ' | 48,340 |
Partners Capital | ' | -1,755,544 | ' | -977,403 |
Liabilities and Stockholders Equity | ' | 9,882,725 | ' | 13,032,581 |
Series Twenty One [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 6,797,230 | ' | 7,435,846 |
Land | ' | 1,464,660 | ' | 1,479,930 |
Other assets | ' | 952,337 | ' | 958,988 |
Total Assets | ' | 9,214,227 | ' | 9,874,764 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 8,521,356 | ' | 9,290,488 |
Accounts payable and accrued expenses | ' | 179,419 | ' | 237,223 |
Other liabilities | ' | 2,440,457 | ' | 2,415,769 |
Liabilities | ' | 11,141,232 | ' | 11,943,480 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | -2,415,187 | -2,415,187 | -2,627,143 | -2,627,143 |
Other partners | ' | 488,182 | ' | 558,427 |
Partners Capital | ' | -1,927,005 | ' | -2,068,716 |
Liabilities and Stockholders Equity | ' | 9,214,227 | ' | 9,874,764 |
Series Twenty Two [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 9,721,998 | ' | 11,693,373 |
Land | ' | 1,344,018 | ' | 1,491,429 |
Other assets | ' | 1,964,231 | ' | 2,228,323 |
Total Assets | ' | 13,030,247 | ' | 15,413,125 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 11,309,139 | ' | 14,767,873 |
Accounts payable and accrued expenses | ' | 637,925 | ' | 570,521 |
Other liabilities | ' | 1,055,528 | ' | 1,168,419 |
Liabilities | ' | 13,002,592 | ' | 16,506,813 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | -692,188 | -692,188 | -1,754,027 | -1,754,027 |
Other partners | ' | 719,843 | ' | 660,339 |
Partners Capital | ' | 27,655 | ' | -1,093,688 |
Liabilities and Stockholders Equity | ' | 13,030,247 | ' | 15,413,125 |
Series Twenty Three [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 19,251,212 | ' | 20,247,856 |
Land | ' | 1,783,889 | ' | 1,783,889 |
Other assets | ' | 4,399,562 | ' | 4,154,081 |
Total Assets | ' | 25,434,663 | ' | 26,185,826 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 16,321,731 | ' | 16,539,887 |
Accounts payable and accrued expenses | ' | 4,039,613 | ' | 3,652,531 |
Other liabilities | ' | 2,446,675 | ' | 2,510,569 |
Liabilities | ' | 22,808,019 | ' | 22,702,987 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 3,820,799 | 3,820,799 | 4,172,808 | 4,172,808 |
Other partners | ' | -1,194,155 | ' | -689,969 |
Partners Capital | ' | 2,626,644 | ' | 3,482,839 |
Liabilities and Stockholders Equity | ' | 25,434,663 | ' | 26,185,826 |
Series Twenty Four [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 5,598,176 | ' | 11,286,698 |
Land | ' | 878,838 | ' | 1,434,385 |
Other assets | ' | 825,223 | ' | 1,629,582 |
Total Assets | ' | 7,302,237 | ' | 14,350,665 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 6,832,986 | ' | 11,818,235 |
Accounts payable and accrued expenses | ' | 145,054 | ' | 1,119,077 |
Other liabilities | ' | 587,433 | ' | 1,719,236 |
Liabilities | ' | 7,565,473 | ' | 14,656,548 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | -498,053 | -498,053 | -707,987 | -707,987 |
Other partners | ' | 234,817 | ' | 402,104 |
Partners Capital | ' | -263,236 | ' | -305,883 |
Liabilities and Stockholders Equity | ' | 7,302,237 | ' | 14,350,665 |
Series Twenty Five [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 5,858,313 | ' | 6,428,758 |
Land | ' | 467,216 | ' | 574,158 |
Other assets | ' | 1,144,296 | ' | 1,163,088 |
Total Assets | ' | 7,469,825 | ' | 8,166,004 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 4,894,842 | ' | 5,359,194 |
Accounts payable and accrued expenses | ' | 76,433 | ' | 87,194 |
Other liabilities | ' | 47,680 | ' | 49,675 |
Liabilities | ' | 5,018,955 | ' | 5,496,063 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 2,742,786 | 2,742,786 | 2,902,589 | 2,902,589 |
Other partners | ' | -291,916 | ' | -232,648 |
Partners Capital | ' | 2,450,870 | ' | 2,669,941 |
Liabilities and Stockholders Equity | ' | 7,469,825 | ' | 8,166,004 |
Series Twenty Six [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 20,816,786 | ' | 32,793,703 |
Land | ' | 2,065,095 | ' | 2,736,095 |
Other assets | ' | 3,147,651 | ' | 4,158,096 |
Total Assets | ' | 26,029,532 | ' | 39,687,894 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 22,267,879 | ' | 33,866,714 |
Accounts payable and accrued expenses | ' | 1,630,172 | ' | 2,031,188 |
Other liabilities | ' | 2,463,351 | ' | 4,245,607 |
Liabilities | ' | 26,361,402 | ' | 40,143,509 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | -892,719 | -892,719 | -794,010 | -794,010 |
Other partners | ' | 560,849 | ' | 338,395 |
Partners Capital | ' | -331,870 | ' | -455,615 |
Liabilities and Stockholders Equity | ' | 26,029,532 | ' | 39,687,894 |
Series Twenty Seven [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 27,102,078 | ' | 35,113,113 |
Land | ' | 3,322,343 | ' | 4,620,843 |
Other assets | ' | 3,457,512 | ' | 4,632,865 |
Total Assets | ' | 33,881,933 | ' | 44,366,821 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 24,935,837 | ' | 30,744,793 |
Accounts payable and accrued expenses | ' | 742,660 | ' | 842,519 |
Other liabilities | ' | 5,726,429 | ' | 7,053,343 |
Liabilities | ' | 31,404,926 | ' | 38,640,655 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 1,785,975 | 1,785,975 | 3,697,048 | 3,697,048 |
Other partners | ' | 691,032 | ' | 2,029,118 |
Partners Capital | ' | 2,477,007 | ' | 5,726,166 |
Liabilities and Stockholders Equity | ' | 33,881,933 | ' | 44,366,821 |
Series Twenty Eight [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 31,466,642 | ' | 38,832,314 |
Land | ' | 3,621,484 | ' | 4,789,984 |
Other assets | ' | 3,997,916 | ' | 4,805,771 |
Total Assets | ' | 39,086,042 | ' | 48,428,069 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 25,796,598 | ' | 30,729,775 |
Accounts payable and accrued expenses | ' | 1,453,624 | ' | 1,536,518 |
Other liabilities | ' | 2,659,578 | ' | 3,164,099 |
Liabilities | ' | 29,909,800 | ' | 35,430,392 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 10,988,809 | 10,988,809 | 12,275,553 | 12,275,553 |
Other partners | ' | -1,812,567 | ' | 722,124 |
Partners Capital | ' | 9,176,242 | ' | 12,997,677 |
Liabilities and Stockholders Equity | ' | 39,086,042 | ' | 48,428,069 |
Series Twenty Nine [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 30,182,087 | ' | 38,929,438 |
Land | ' | 2,304,757 | ' | 2,816,806 |
Other assets | ' | 4,409,048 | ' | 4,579,225 |
Total Assets | ' | 36,895,892 | ' | 46,325,469 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 31,239,682 | ' | 36,131,872 |
Accounts payable and accrued expenses | ' | 1,548,536 | ' | 1,888,155 |
Other liabilities | ' | 6,097,567 | ' | 5,598,855 |
Liabilities | ' | 38,885,785 | ' | 43,618,882 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | -1,863,320 | -1,863,320 | 3,152,798 | 3,152,798 |
Other partners | ' | -126,573 | ' | -446,211 |
Partners Capital | ' | -1,989,893 | ' | 2,706,587 |
Liabilities and Stockholders Equity | ' | 36,895,892 | ' | 46,325,469 |
Series Thirty [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 20,404,092 | ' | 21,374,357 |
Land | ' | 1,352,199 | ' | 1,352,199 |
Other assets | ' | 2,160,619 | ' | 2,265,338 |
Total Assets | ' | 23,916,910 | ' | 24,991,894 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 15,459,775 | ' | 15,804,915 |
Accounts payable and accrued expenses | ' | 1,081,455 | ' | 1,030,604 |
Other liabilities | ' | 2,599,052 | ' | 2,590,111 |
Liabilities | ' | 19,140,282 | ' | 19,425,630 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 2,934,488 | 2,934,488 | 3,536,671 | 3,536,671 |
Other partners | ' | 1,842,140 | ' | 2,029,593 |
Partners Capital | ' | 4,776,628 | ' | 5,566,264 |
Liabilities and Stockholders Equity | ' | 23,916,910 | ' | 24,991,894 |
Series Thirty One [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 35,608,336 | ' | 41,093,844 |
Land | ' | 3,396,946 | ' | 3,922,117 |
Other assets | ' | 6,338,410 | ' | 6,265,759 |
Total Assets | ' | 45,343,692 | ' | 51,281,720 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 39,688,783 | ' | 41,416,027 |
Accounts payable and accrued expenses | ' | 1,106,942 | ' | 1,079,327 |
Other liabilities | ' | 4,006,594 | ' | 4,801,867 |
Liabilities | ' | 44,802,319 | ' | 47,297,221 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 2,869,144 | 2,869,144 | 5,984,448 | 5,984,448 |
Other partners | ' | -2,327,771 | ' | -1,999,949 |
Partners Capital | ' | 541,373 | ' | 3,984,499 |
Liabilities and Stockholders Equity | ' | 45,343,692 | ' | 51,281,720 |
Series Thirty Two [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 33,741,875 | ' | 42,317,655 |
Land | ' | 2,860,802 | ' | 2,921,802 |
Other assets | ' | 4,245,903 | ' | 4,534,604 |
Total Assets | ' | 40,848,580 | ' | 49,774,061 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 23,703,737 | ' | 32,091,744 |
Accounts payable and accrued expenses | ' | 2,774,361 | ' | 3,166,217 |
Other liabilities | ' | 3,393,544 | ' | 3,536,003 |
Liabilities | ' | 29,871,642 | ' | 38,793,964 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 7,350,065 | 7,350,065 | 7,889,060 | 7,889,060 |
Other partners | ' | 3,626,873 | ' | 3,091,037 |
Partners Capital | ' | 10,976,938 | ' | 10,980,097 |
Liabilities and Stockholders Equity | ' | 40,848,580 | ' | 49,774,061 |
Series Thirty Three [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 31,950,307 | ' | 33,867,303 |
Land | ' | 3,784,552 | ' | 3,784,552 |
Other assets | ' | 2,724,574 | ' | 2,732,278 |
Total Assets | ' | 38,459,433 | ' | 40,384,133 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 24,765,295 | ' | 25,170,848 |
Accounts payable and accrued expenses | ' | 1,068,581 | ' | 1,051,109 |
Other liabilities | ' | 2,423,976 | ' | 2,578,374 |
Liabilities | ' | 28,257,852 | ' | 28,800,331 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 6,123,123 | 6,123,123 | 6,631,014 | 6,631,014 |
Other partners | ' | 4,078,458 | ' | 4,952,788 |
Partners Capital | ' | 10,201,581 | ' | 11,583,802 |
Liabilities and Stockholders Equity | ' | 38,459,433 | ' | 40,384,133 |
Series Thirty Four [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 33,437,658 | ' | 36,690,648 |
Land | ' | 4,280,809 | ' | 4,488,809 |
Other assets | ' | 4,066,426 | ' | 4,445,778 |
Total Assets | ' | 41,784,893 | ' | 45,625,235 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 33,133,023 | ' | 33,975,571 |
Accounts payable and accrued expenses | ' | 1,383,505 | ' | 1,252,013 |
Other liabilities | ' | 5,207,301 | ' | 5,399,661 |
Liabilities | ' | 39,723,829 | ' | 40,627,245 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 4,201,872 | 4,201,872 | 6,421,777 | 6,421,777 |
Other partners | ' | -2,140,808 | ' | -1,423,787 |
Partners Capital | ' | 2,061,064 | ' | 4,997,990 |
Liabilities and Stockholders Equity | ' | 41,784,893 | ' | 45,625,235 |
Series Thirty Five [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 33,687,421 | ' | 35,320,976 |
Land | ' | 3,572,523 | ' | 3,572,523 |
Other assets | ' | 3,225,731 | ' | 3,045,614 |
Total Assets | ' | 40,485,675 | ' | 41,939,113 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 21,047,359 | ' | 21,130,845 |
Accounts payable and accrued expenses | ' | 1,053,812 | ' | 997,139 |
Other liabilities | ' | 7,923,562 | ' | 8,062,155 |
Liabilities | ' | 30,024,733 | ' | 30,190,139 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 7,847,853 | 7,847,853 | 8,546,415 | 8,546,415 |
Other partners | ' | 2,613,089 | ' | 3,202,559 |
Partners Capital | ' | 10,460,942 | ' | 11,748,974 |
Liabilities and Stockholders Equity | ' | 40,485,675 | ' | 41,939,113 |
Series Thirty Six [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 23,352,582 | ' | 24,753,789 |
Land | ' | 2,013,180 | ' | 2,013,180 |
Other assets | ' | 3,054,336 | ' | 2,886,655 |
Total Assets | ' | 28,420,098 | ' | 29,653,624 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 16,988,083 | ' | 17,319,963 |
Accounts payable and accrued expenses | ' | 1,684,855 | ' | 1,575,909 |
Other liabilities | ' | 726,794 | ' | 650,137 |
Liabilities | ' | 19,399,732 | ' | 19,546,009 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 5,473,823 | 5,473,823 | 5,956,113 | 5,956,113 |
Other partners | ' | 3,546,543 | ' | 4,151,502 |
Partners Capital | ' | 9,020,366 | ' | 10,107,615 |
Liabilities and Stockholders Equity | ' | 28,420,098 | ' | 29,653,624 |
Series Thirty Seven [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 30,680,540 | ' | 32,623,644 |
Land | ' | 2,423,561 | ' | 2,423,561 |
Other assets | ' | 3,153,869 | ' | 3,249,852 |
Total Assets | ' | 36,257,970 | ' | 38,297,057 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 27,503,623 | ' | 28,014,633 |
Accounts payable and accrued expenses | ' | 2,567,356 | ' | 2,306,321 |
Other liabilities | ' | 6,209,057 | ' | 5,733,250 |
Liabilities | ' | 36,280,036 | ' | 36,054,204 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 1,441,918 | 1,441,918 | 3,977,333 | 3,977,333 |
Other partners | ' | -1,463,984 | ' | -1,734,480 |
Partners Capital | ' | -22,066 | ' | 2,242,853 |
Liabilities and Stockholders Equity | ' | 36,257,970 | ' | 38,297,057 |
Series Thirty Eight [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 21,174,700 | ' | 22,273,923 |
Land | ' | 1,581,706 | ' | 1,581,706 |
Other assets | ' | 2,263,552 | ' | 2,186,790 |
Total Assets | ' | 25,019,958 | ' | 26,042,419 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 16,706,809 | ' | 17,019,640 |
Accounts payable and accrued expenses | ' | 240,064 | ' | 258,956 |
Other liabilities | ' | 2,719,890 | ' | 2,458,570 |
Liabilities | ' | 19,666,763 | ' | 19,737,166 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 6,631,361 | 6,631,361 | 7,110,408 | 7,110,408 |
Other partners | ' | -1,278,166 | ' | -805,155 |
Partners Capital | ' | 5,353,195 | ' | 6,305,253 |
Liabilities and Stockholders Equity | ' | 25,019,958 | ' | 26,042,419 |
Series Thirty Nine [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 17,030,411 | ' | 18,013,620 |
Land | ' | 1,238,488 | ' | 1,238,488 |
Other assets | ' | 1,848,616 | ' | 1,768,336 |
Total Assets | ' | 20,117,515 | ' | 21,020,444 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 13,180,160 | ' | 13,422,946 |
Accounts payable and accrued expenses | ' | 341,876 | ' | 343,231 |
Other liabilities | ' | 2,931,884 | ' | 2,675,710 |
Liabilities | ' | 16,453,920 | ' | 16,441,887 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 3,757,809 | 3,757,809 | 4,345,091 | 4,345,091 |
Other partners | ' | -94,214 | ' | 233,466 |
Partners Capital | ' | 3,663,595 | ' | 4,578,557 |
Liabilities and Stockholders Equity | ' | 20,117,515 | ' | 21,020,444 |
Series Forty [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 52,009,241 | ' | 54,364,315 |
Land | ' | 5,081,041 | ' | 5,081,041 |
Other assets | ' | 4,514,209 | ' | 4,198,978 |
Total Assets | ' | 61,604,491 | ' | 63,644,334 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 44,835,269 | ' | 45,658,503 |
Accounts payable and accrued expenses | ' | 1,667,029 | ' | 1,378,312 |
Other liabilities | ' | 6,319,795 | ' | 6,783,138 |
Liabilities | ' | 52,822,093 | ' | 53,819,953 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 9,156,562 | 9,156,562 | 9,851,637 | 9,851,637 |
Other partners | ' | -374,164 | ' | -27,256 |
Partners Capital | ' | 8,782,398 | ' | 9,824,381 |
Liabilities and Stockholders Equity | ' | 61,604,491 | ' | 63,644,334 |
Series Forty One [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 62,749,098 | ' | 65,958,262 |
Land | ' | 7,916,005 | ' | 8,000,805 |
Other assets | ' | 6,419,595 | ' | 6,479,223 |
Total Assets | ' | 77,084,698 | ' | 80,438,290 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 59,205,981 | ' | 61,327,803 |
Accounts payable and accrued expenses | ' | 1,482,716 | ' | 1,254,339 |
Other liabilities | ' | 6,264,564 | ' | 7,521,451 |
Liabilities | ' | 66,953,261 | ' | 70,103,593 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 4,521,445 | 4,521,445 | 5,233,289 | 5,233,289 |
Other partners | ' | 5,609,992 | ' | 5,101,408 |
Partners Capital | ' | 10,131,437 | ' | 10,334,697 |
Liabilities and Stockholders Equity | ' | 77,084,698 | ' | 80,438,290 |
Series Forty Two [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 54,155,724 | ' | 56,579,992 |
Land | ' | 7,059,765 | ' | 7,059,765 |
Other assets | ' | 6,402,555 | ' | 6,664,563 |
Total Assets | ' | 67,618,044 | ' | 70,304,320 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 46,084,051 | ' | 46,947,999 |
Accounts payable and accrued expenses | ' | 2,745,285 | ' | 2,644,758 |
Other liabilities | ' | 5,776,778 | ' | 6,437,492 |
Liabilities | ' | 54,606,114 | ' | 56,030,249 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 7,912,993 | 7,912,993 | 8,217,323 | 8,217,323 |
Other partners | ' | 5,098,937 | ' | 6,056,748 |
Partners Capital | ' | 13,011,930 | ' | 14,274,071 |
Liabilities and Stockholders Equity | ' | 67,618,044 | ' | 70,304,320 |
Series Forty Three [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 56,978,000 | ' | 59,664,991 |
Land | ' | 6,704,151 | ' | 6,704,151 |
Other assets | ' | 5,412,878 | ' | 5,245,799 |
Total Assets | ' | 69,095,029 | ' | 71,614,941 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 47,780,026 | ' | 47,842,185 |
Accounts payable and accrued expenses | ' | 1,743,541 | ' | 1,810,519 |
Other liabilities | ' | 6,746,944 | ' | 7,744,436 |
Liabilities | ' | 56,270,511 | ' | 57,397,140 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 10,970,591 | 10,970,591 | 11,194,690 | 11,194,690 |
Other partners | ' | 1,853,927 | ' | 3,023,111 |
Partners Capital | ' | 12,824,518 | ' | 14,217,801 |
Liabilities and Stockholders Equity | ' | 69,095,029 | ' | 71,614,941 |
Series Forty Four [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 40,573,656 | ' | 54,857,440 |
Land | ' | 3,130,916 | ' | 6,053,669 |
Other assets | ' | 3,902,028 | ' | 4,773,751 |
Total Assets | ' | 47,606,600 | ' | 65,684,860 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 41,159,992 | ' | 55,297,673 |
Accounts payable and accrued expenses | ' | 676,387 | ' | 1,363,325 |
Other liabilities | ' | 6,607,924 | ' | 9,455,928 |
Liabilities | ' | 48,444,303 | ' | 66,116,926 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 3,290,114 | 3,290,114 | 2,271,066 | 2,271,066 |
Other partners | ' | -4,127,817 | ' | -2,703,132 |
Partners Capital | ' | -837,703 | ' | -432,066 |
Liabilities and Stockholders Equity | ' | 47,606,600 | ' | 65,684,860 |
Series Forty Five [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 51,826,015 | ' | 72,021,820 |
Land | ' | 4,314,836 | ' | 7,041,701 |
Other assets | ' | 6,284,278 | ' | 7,674,657 |
Total Assets | ' | 62,425,129 | ' | 86,738,178 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 37,037,554 | ' | 57,679,981 |
Accounts payable and accrued expenses | ' | 1,431,634 | ' | 1,748,945 |
Other liabilities | ' | 4,603,925 | ' | 6,907,084 |
Liabilities | ' | 43,073,113 | ' | 66,336,010 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 16,350,030 | 16,350,030 | 16,508,811 | 16,508,811 |
Other partners | ' | 3,001,986 | ' | 3,893,357 |
Partners Capital | ' | 19,352,016 | ' | 20,402,168 |
Liabilities and Stockholders Equity | ' | 62,425,129 | ' | 86,738,178 |
Series Forty Six [Member] | ' | ' | ' | ' |
ASSETS | ' | ' | ' | ' |
Buildings and improvements, net of accumulated depreciation | ' | 40,559,431 | ' | 41,662,006 |
Land | ' | 2,363,059 | ' | 2,363,059 |
Other assets | ' | 3,889,409 | ' | 3,882,007 |
Total Assets | ' | 46,811,899 | ' | 47,907,072 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Mortgages and construction loans payable | ' | 25,067,980 | ' | 25,131,920 |
Accounts payable and accrued expenses | ' | 619,139 | ' | 534,845 |
Other liabilities | ' | 3,053,158 | ' | 3,083,565 |
Liabilities | ' | 28,740,277 | ' | 28,750,330 |
PARTNERS' CAPITAL (DEFICIT) | ' | ' | ' | ' |
Boston Capital Tax Credit Fund IV L.P. | 14,729,332 | 14,729,332 | 15,681,993 | 15,681,993 |
Other partners | ' | 3,342,290 | ' | 3,474,749 |
Partners Capital | ' | 18,071,622 | ' | 19,156,742 |
Liabilities and Stockholders Equity | ' | $46,811,899 | ' | $47,907,072 |
INVESTMENTS_IN_OPERATING_LIMIT7
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS (Details 5) (USD $) | 12 Months Ended | |||
Dec. 31, 2013 | Dec. 31, 2012 | |||
Revenue | ' | ' | ||
Rent | $162,298,910 | $177,121,285 | ||
Interest and other | 6,084,629 | 6,664,987 | ||
Operating Partnerships Revenues | 168,383,539 | 183,786,272 | ||
Expenses | ' | ' | ||
Interest | 33,387,199 | 38,941,394 | ||
Depreciation and amortization | 47,293,084 | 51,957,361 | ||
Taxes and insurance | 20,872,713 | 21,692,015 | ||
Repairs and maintenance | 28,630,757 | 30,845,127 | ||
Operating expenses | 59,311,990 | 63,854,366 | ||
Impairment loss | 0 | 3,256,264 | ||
Other expenses | 4,093,159 | 4,877,397 | ||
Operating Partnerships Total Expenses | 193,588,902 | 215,423,924 | ||
NET INCOME (LOSS) | -25,205,363 | -31,637,652 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -18,485,088 | [1] | -23,592,748 | [2] |
Net income (loss) allocated to other partners | -6,720,275 | -8,044,904 | ||
Series Twenty [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 2,237,679 | 3,184,095 | ||
Interest and other | 86,946 | 82,941 | ||
Operating Partnerships Revenues | 2,324,625 | 3,267,036 | ||
Expenses | ' | ' | ||
Interest | 373,068 | 466,702 | ||
Depreciation and amortization | 693,878 | 833,519 | ||
Taxes and insurance | 273,220 | 369,926 | ||
Repairs and maintenance | 596,259 | 725,213 | ||
Operating expenses | 969,622 | 1,085,217 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 56,738 | 82,619 | ||
Operating Partnerships Total Expenses | 2,962,785 | 3,563,196 | ||
NET INCOME (LOSS) | -638,160 | -296,160 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -366,227 | [1] | -220,356 | [2] |
Net income (loss) allocated to other partners | -271,933 | -75,804 | ||
Series Twenty One [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 1,824,069 | 1,899,543 | ||
Interest and other | 15,179 | 26,035 | ||
Operating Partnerships Revenues | 1,839,248 | 1,925,578 | ||
Expenses | ' | ' | ||
Interest | 522,766 | 558,013 | ||
Depreciation and amortization | 326,104 | 364,116 | ||
Taxes and insurance | 179,613 | 212,056 | ||
Repairs and maintenance | 253,968 | 295,363 | ||
Operating expenses | 603,582 | 525,305 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 45,815 | 58,488 | ||
Operating Partnerships Total Expenses | 1,931,848 | 2,013,341 | ||
NET INCOME (LOSS) | -92,600 | -87,763 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -98,321 | [1] | -86,888 | [2] |
Net income (loss) allocated to other partners | 5,721 | -875 | ||
Series Twenty Two [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 2,477,250 | 2,790,949 | ||
Interest and other | 73,964 | 115,557 | ||
Operating Partnerships Revenues | 2,551,214 | 2,906,506 | ||
Expenses | ' | ' | ||
Interest | 496,594 | 616,699 | ||
Depreciation and amortization | 558,497 | 687,204 | ||
Taxes and insurance | 382,939 | 415,308 | ||
Repairs and maintenance | 629,883 | 608,483 | ||
Operating expenses | 777,142 | 865,090 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 73,572 | 80,902 | ||
Operating Partnerships Total Expenses | 2,918,627 | 3,273,686 | ||
NET INCOME (LOSS) | -367,413 | -367,180 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -264,711 | [1] | -159,268 | [2] |
Net income (loss) allocated to other partners | -102,702 | -207,912 | ||
Series Twenty Three [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 4,435,882 | 4,449,155 | ||
Interest and other | 163,448 | 682,242 | ||
Operating Partnerships Revenues | 4,599,330 | 5,131,397 | ||
Expenses | ' | ' | ||
Interest | 795,239 | 855,738 | ||
Depreciation and amortization | 1,158,287 | 1,108,148 | ||
Taxes and insurance | 644,328 | 605,947 | ||
Repairs and maintenance | 944,241 | 959,801 | ||
Operating expenses | 1,743,795 | 1,623,908 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 76,533 | 77,277 | ||
Operating Partnerships Total Expenses | 5,362,423 | 5,230,819 | ||
NET INCOME (LOSS) | -763,093 | -99,422 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -361,723 | [1] | -178,090 | [2] |
Net income (loss) allocated to other partners | -401,370 | 78,668 | ||
Series Twenty Four [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 1,636,612 | 2,921,646 | ||
Interest and other | 30,368 | 48,728 | ||
Operating Partnerships Revenues | 1,666,980 | 2,970,374 | ||
Expenses | ' | ' | ||
Interest | 245,476 | 484,029 | ||
Depreciation and amortization | 503,096 | 823,333 | ||
Taxes and insurance | 217,169 | 355,178 | ||
Repairs and maintenance | 351,054 | 626,544 | ||
Operating expenses | 640,559 | 1,235,535 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 23,919 | 32,348 | ||
Operating Partnerships Total Expenses | 1,981,273 | 3,556,967 | ||
NET INCOME (LOSS) | -314,293 | -586,593 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -241,279 | [1] | -428,611 | [2] |
Net income (loss) allocated to other partners | -73,014 | -157,982 | ||
Series Twenty Five [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 1,262,550 | 1,292,260 | ||
Interest and other | 22,841 | 62,091 | ||
Operating Partnerships Revenues | 1,285,391 | 1,354,351 | ||
Expenses | ' | ' | ||
Interest | 171,813 | 228,093 | ||
Depreciation and amortization | 246,603 | 297,500 | ||
Taxes and insurance | 125,928 | 136,078 | ||
Repairs and maintenance | 238,246 | 253,084 | ||
Operating expenses | 443,788 | 543,537 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 20,949 | 21,995 | ||
Operating Partnerships Total Expenses | 1,247,327 | 1,480,287 | ||
NET INCOME (LOSS) | 38,064 | -125,936 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -43,041 | [1] | -130,543 | [2] |
Net income (loss) allocated to other partners | 81,105 | 4,607 | ||
Series Twenty Six [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 4,790,165 | 7,059,713 | ||
Interest and other | 169,267 | 276,452 | ||
Operating Partnerships Revenues | 4,959,432 | 7,336,165 | ||
Expenses | ' | ' | ||
Interest | 716,630 | 1,298,067 | ||
Depreciation and amortization | 1,466,667 | 1,958,890 | ||
Taxes and insurance | 672,261 | 1,092,240 | ||
Repairs and maintenance | 1,143,771 | 1,325,248 | ||
Operating expenses | 1,868,618 | 2,680,092 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 123,014 | 138,428 | ||
Operating Partnerships Total Expenses | 5,990,961 | 8,492,965 | ||
NET INCOME (LOSS) | -1,031,529 | -1,156,800 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -842,204 | [1] | -900,257 | [2] |
Net income (loss) allocated to other partners | -189,325 | -256,543 | ||
Series Twenty Seven [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 6,040,191 | 7,763,100 | ||
Interest and other | 158,902 | 138,723 | ||
Operating Partnerships Revenues | 6,199,093 | 7,901,823 | ||
Expenses | ' | ' | ||
Interest | 1,151,459 | 1,614,202 | ||
Depreciation and amortization | 1,673,915 | 2,051,886 | ||
Taxes and insurance | 669,786 | 857,168 | ||
Repairs and maintenance | 973,244 | 1,232,293 | ||
Operating expenses | 1,840,267 | 2,275,198 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 195,226 | 331,056 | ||
Operating Partnerships Total Expenses | 6,503,897 | 8,361,803 | ||
NET INCOME (LOSS) | -304,804 | -459,980 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -277,730 | [1] | -262,813 | [2] |
Net income (loss) allocated to other partners | -27,074 | -197,167 | ||
Series Twenty Eight [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 7,997,536 | 9,549,364 | ||
Interest and other | 191,608 | 217,120 | ||
Operating Partnerships Revenues | 8,189,144 | 9,766,484 | ||
Expenses | ' | ' | ||
Interest | 994,517 | 1,529,272 | ||
Depreciation and amortization | 2,111,756 | 2,410,366 | ||
Taxes and insurance | 973,644 | 1,150,108 | ||
Repairs and maintenance | 1,506,121 | 1,587,459 | ||
Operating expenses | 2,953,257 | 3,313,014 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 167,721 | 277,850 | ||
Operating Partnerships Total Expenses | 8,707,016 | 10,268,069 | ||
NET INCOME (LOSS) | -517,872 | -501,585 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -953,311 | [1] | -888,944 | [2] |
Net income (loss) allocated to other partners | 435,439 | 387,359 | ||
Series Twenty Nine [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 6,399,091 | 7,665,813 | ||
Interest and other | 279,731 | 299,284 | ||
Operating Partnerships Revenues | 6,678,822 | 7,965,097 | ||
Expenses | ' | ' | ||
Interest | 1,216,242 | 1,495,218 | ||
Depreciation and amortization | 2,078,912 | 2,577,574 | ||
Taxes and insurance | 952,282 | 1,018,811 | ||
Repairs and maintenance | 991,855 | 1,309,363 | ||
Operating expenses | 2,645,977 | 3,148,497 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 96,260 | 156,782 | ||
Operating Partnerships Total Expenses | 7,981,528 | 9,706,245 | ||
NET INCOME (LOSS) | -1,302,706 | -1,741,148 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -1,065,191 | [1] | -1,439,168 | [2] |
Net income (loss) allocated to other partners | -237,515 | -301,980 | ||
Series Thirty [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 5,127,821 | 5,009,216 | ||
Interest and other | 170,948 | 146,020 | ||
Operating Partnerships Revenues | 5,298,769 | 5,155,236 | ||
Expenses | ' | ' | ||
Interest | 551,540 | 591,825 | ||
Depreciation and amortization | 1,202,369 | 1,220,215 | ||
Taxes and insurance | 609,014 | 560,768 | ||
Repairs and maintenance | 1,071,737 | 1,038,133 | ||
Operating expenses | 2,573,560 | 2,435,214 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 61,971 | 99,834 | ||
Operating Partnerships Total Expenses | 6,070,191 | 5,945,989 | ||
NET INCOME (LOSS) | -771,422 | -790,753 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -621,294 | [1] | -680,994 | [2] |
Net income (loss) allocated to other partners | -150,128 | -109,759 | ||
Series Thirty One [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 9,574,095 | 9,949,808 | ||
Interest and other | 473,966 | 424,427 | ||
Operating Partnerships Revenues | 10,048,061 | 10,374,235 | ||
Expenses | ' | ' | ||
Interest | 1,133,836 | 1,342,653 | ||
Depreciation and amortization | 2,678,740 | 2,803,462 | ||
Taxes and insurance | 1,450,339 | 1,377,668 | ||
Repairs and maintenance | 1,457,335 | 1,633,151 | ||
Operating expenses | 3,634,252 | 3,766,388 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 647,743 | 1,224,406 | ||
Operating Partnerships Total Expenses | 11,002,245 | 12,147,728 | ||
NET INCOME (LOSS) | -954,184 | -1,773,493 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -1,155,732 | [1] | -2,070,330 | [2] |
Net income (loss) allocated to other partners | 201,548 | 296,837 | ||
Series Thirty Two [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 6,508,476 | 7,634,347 | ||
Interest and other | 219,944 | 254,253 | ||
Operating Partnerships Revenues | 6,728,420 | 7,888,600 | ||
Expenses | ' | ' | ||
Interest | 1,258,641 | 1,606,959 | ||
Depreciation and amortization | 2,463,661 | 2,728,955 | ||
Taxes and insurance | 845,962 | 1,019,354 | ||
Repairs and maintenance | 1,009,687 | 1,255,596 | ||
Operating expenses | 2,495,964 | 2,737,950 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 481,906 | 461,099 | ||
Operating Partnerships Total Expenses | 8,555,821 | 9,809,913 | ||
NET INCOME (LOSS) | -1,827,401 | -1,921,313 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -1,433,129 | [1] | -1,389,322 | [2] |
Net income (loss) allocated to other partners | -394,272 | -531,991 | ||
Series Thirty Three [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 6,345,248 | 6,123,803 | ||
Interest and other | 258,319 | 242,562 | ||
Operating Partnerships Revenues | 6,603,567 | 6,366,365 | ||
Expenses | ' | ' | ||
Interest | 1,154,157 | 1,188,867 | ||
Depreciation and amortization | 2,147,969 | 2,132,318 | ||
Taxes and insurance | 894,942 | 729,103 | ||
Repairs and maintenance | 731,636 | 801,421 | ||
Operating expenses | 2,880,503 | 2,887,400 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 166,042 | 187,942 | ||
Operating Partnerships Total Expenses | 7,975,249 | 7,927,051 | ||
NET INCOME (LOSS) | -1,371,682 | -1,560,686 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -566,103 | [1] | -615,022 | [2] |
Net income (loss) allocated to other partners | -805,579 | -945,664 | ||
Series Thirty Four [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 7,029,164 | 7,125,743 | ||
Interest and other | 280,275 | 251,321 | ||
Operating Partnerships Revenues | 7,309,439 | 7,377,064 | ||
Expenses | ' | ' | ||
Interest | 1,042,365 | 1,108,317 | ||
Depreciation and amortization | 2,602,919 | 2,649,406 | ||
Taxes and insurance | 1,040,409 | 920,389 | ||
Repairs and maintenance | 975,500 | 985,148 | ||
Operating expenses | 3,358,381 | 3,432,032 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 71,056 | 73,816 | ||
Operating Partnerships Total Expenses | 9,090,630 | 9,169,108 | ||
NET INCOME (LOSS) | -1,781,191 | -1,792,044 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -1,227,938 | [1] | -1,312,415 | [2] |
Net income (loss) allocated to other partners | -553,253 | -479,629 | ||
Series Thirty Five [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 6,475,964 | 6,236,019 | ||
Interest and other | 198,981 | 188,184 | ||
Operating Partnerships Revenues | 6,674,945 | 6,424,203 | ||
Expenses | ' | ' | ||
Interest | 1,402,582 | 1,446,772 | ||
Depreciation and amortization | 2,005,105 | 2,007,389 | ||
Taxes and insurance | 860,037 | 806,853 | ||
Repairs and maintenance | 1,064,089 | 1,045,890 | ||
Operating expenses | 2,314,187 | 2,292,709 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 70,908 | 70,597 | ||
Operating Partnerships Total Expenses | 7,716,908 | 7,670,210 | ||
NET INCOME (LOSS) | -1,041,963 | -1,246,007 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -688,552 | [1] | -767,266 | [2] |
Net income (loss) allocated to other partners | -353,411 | -478,741 | ||
Series Thirty Six [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 4,744,459 | 4,646,529 | ||
Interest and other | 125,527 | 119,673 | ||
Operating Partnerships Revenues | 4,869,986 | 4,766,202 | ||
Expenses | ' | ' | ||
Interest | 958,450 | 979,761 | ||
Depreciation and amortization | 1,518,135 | 1,519,627 | ||
Taxes and insurance | 660,902 | 576,269 | ||
Repairs and maintenance | 697,438 | 629,919 | ||
Operating expenses | 1,835,337 | 1,859,376 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 75,054 | 79,706 | ||
Operating Partnerships Total Expenses | 5,745,316 | 5,644,658 | ||
NET INCOME (LOSS) | -875,330 | -878,456 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -489,323 | [1] | -478,049 | [2] |
Net income (loss) allocated to other partners | -386,007 | -400,407 | ||
Series Thirty Seven [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 5,733,586 | 5,671,145 | ||
Interest and other | 234,903 | 241,035 | ||
Operating Partnerships Revenues | 5,968,489 | 5,912,180 | ||
Expenses | ' | ' | ||
Interest | 1,033,729 | 935,342 | ||
Depreciation and amortization | 2,115,278 | 2,163,933 | ||
Taxes and insurance | 965,919 | 864,109 | ||
Repairs and maintenance | 924,582 | 980,595 | ||
Operating expenses | 2,758,869 | 2,837,748 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 138,964 | 94,258 | ||
Operating Partnerships Total Expenses | 7,937,341 | 7,875,985 | ||
NET INCOME (LOSS) | -1,968,852 | -1,963,805 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -1,423,309 | [1] | -1,554,735 | [2] |
Net income (loss) allocated to other partners | -545,543 | -409,070 | ||
Series Thirty Eight [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 4,541,271 | 4,468,299 | ||
Interest and other | 181,334 | 198,322 | ||
Operating Partnerships Revenues | 4,722,605 | 4,666,621 | ||
Expenses | ' | ' | ||
Interest | 969,147 | 997,278 | ||
Depreciation and amortization | 1,180,606 | 1,186,607 | ||
Taxes and insurance | 576,518 | 586,193 | ||
Repairs and maintenance | 792,059 | 789,296 | ||
Operating expenses | 1,772,891 | 1,664,967 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 107,940 | 134,556 | ||
Operating Partnerships Total Expenses | 5,399,161 | 5,358,897 | ||
NET INCOME (LOSS) | -676,556 | -692,276 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -447,771 | [1] | -470,966 | [2] |
Net income (loss) allocated to other partners | -228,785 | -221,310 | ||
Series Thirty Nine [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 3,579,382 | 3,493,551 | ||
Interest and other | 223,143 | 230,400 | ||
Operating Partnerships Revenues | 3,802,525 | 3,723,951 | ||
Expenses | ' | ' | ||
Interest | 762,859 | 782,342 | ||
Depreciation and amortization | 1,044,496 | 1,062,080 | ||
Taxes and insurance | 450,988 | 422,979 | ||
Repairs and maintenance | 616,711 | 722,798 | ||
Operating expenses | 1,611,348 | 1,533,442 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 144,684 | 168,293 | ||
Operating Partnerships Total Expenses | 4,631,086 | 4,691,934 | ||
NET INCOME (LOSS) | -828,561 | -967,983 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -594,093 | [1] | -696,905 | [2] |
Net income (loss) allocated to other partners | -234,468 | -271,078 | ||
Series Forty [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 9,759,272 | 9,759,763 | ||
Interest and other | 432,340 | 406,345 | ||
Operating Partnerships Revenues | 10,191,612 | 10,166,108 | ||
Expenses | ' | ' | ||
Interest | 3,077,212 | 3,065,470 | ||
Depreciation and amortization | 2,580,262 | 2,559,496 | ||
Taxes and insurance | 1,426,929 | 1,337,080 | ||
Repairs and maintenance | 1,443,089 | 1,510,497 | ||
Operating expenses | 2,649,473 | 2,606,942 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 119,822 | 168,243 | ||
Operating Partnerships Total Expenses | 11,296,787 | 11,247,728 | ||
NET INCOME (LOSS) | -1,105,175 | -1,081,620 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -726,480 | [1] | -564,539 | [2] |
Net income (loss) allocated to other partners | -378,695 | -517,081 | ||
Series Forty One [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 12,055,887 | 12,085,189 | ||
Interest and other | 466,528 | 406,373 | ||
Operating Partnerships Revenues | 12,522,415 | 12,491,562 | ||
Expenses | ' | ' | ||
Interest | 3,476,503 | 3,564,669 | ||
Depreciation and amortization | 2,982,256 | 3,109,213 | ||
Taxes and insurance | 1,463,591 | 1,389,326 | ||
Repairs and maintenance | 1,907,833 | 1,876,465 | ||
Operating expenses | 2,996,818 | 3,067,800 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 287,945 | 209,349 | ||
Operating Partnerships Total Expenses | 13,114,946 | 13,216,822 | ||
NET INCOME (LOSS) | -592,531 | -725,260 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -621,885 | [1] | -648,068 | [2] |
Net income (loss) allocated to other partners | 29,354 | -77,192 | ||
Series Forty Two [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 10,535,566 | 10,464,730 | ||
Interest and other | 338,914 | 314,315 | ||
Operating Partnerships Revenues | 10,874,480 | 10,779,045 | ||
Expenses | ' | ' | ||
Interest | 2,513,476 | 2,561,019 | ||
Depreciation and amortization | 2,809,331 | 2,953,899 | ||
Taxes and insurance | 1,142,938 | 989,132 | ||
Repairs and maintenance | 1,901,477 | 1,903,921 | ||
Operating expenses | 3,268,203 | 3,185,289 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 294,006 | 164,945 | ||
Operating Partnerships Total Expenses | 11,929,431 | 11,758,205 | ||
NET INCOME (LOSS) | -1,054,951 | -979,160 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -894,568 | [1] | -906,635 | [2] |
Net income (loss) allocated to other partners | -160,383 | -72,525 | ||
Series Forty Three [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 9,974,760 | 9,746,620 | ||
Interest and other | 393,335 | 386,064 | ||
Operating Partnerships Revenues | 10,368,095 | 10,132,684 | ||
Expenses | ' | ' | ||
Interest | 2,280,961 | 2,383,554 | ||
Depreciation and amortization | 3,048,910 | 3,156,153 | ||
Taxes and insurance | 1,004,171 | 952,266 | ||
Repairs and maintenance | 1,927,314 | 1,749,546 | ||
Operating expenses | 3,343,630 | 3,214,566 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 193,811 | 147,196 | ||
Operating Partnerships Total Expenses | 11,798,797 | 11,603,281 | ||
NET INCOME (LOSS) | -1,430,702 | -1,470,597 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -816,218 | [1] | -459,909 | [2] |
Net income (loss) allocated to other partners | -614,484 | -1,010,688 | ||
Series Forty Four [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 7,332,990 | 9,363,405 | ||
Interest and other | 261,044 | 298,125 | ||
Operating Partnerships Revenues | 7,594,034 | 9,661,530 | ||
Expenses | ' | ' | ||
Interest | 2,169,441 | 3,215,927 | ||
Depreciation and amortization | 2,040,636 | 2,832,942 | ||
Taxes and insurance | 552,748 | 908,796 | ||
Repairs and maintenance | 1,391,438 | 1,867,320 | ||
Operating expenses | 2,418,295 | 3,125,238 | ||
Impairment loss | 0 | 3,256,264 | ||
Other expenses | 95,028 | 97,173 | ||
Operating Partnerships Total Expenses | 8,667,586 | 15,303,660 | ||
NET INCOME (LOSS) | -1,073,552 | -5,642,130 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -602,519 | [1] | -4,425,568 | [2] |
Net income (loss) allocated to other partners | -471,033 | -1,216,562 | ||
Series Forty Five [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 8,074,526 | 11,006,877 | ||
Interest and other | 311,152 | 393,017 | ||
Operating Partnerships Revenues | 8,385,678 | 11,399,894 | ||
Expenses | ' | ' | ||
Interest | 1,550,152 | 2,670,928 | ||
Depreciation and amortization | 2,509,590 | 3,244,996 | ||
Taxes and insurance | 1,047,218 | 1,344,030 | ||
Repairs and maintenance | 1,790,623 | 2,096,510 | ||
Operating expenses | 2,837,621 | 3,950,971 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 207,293 | 188,513 | ||
Operating Partnerships Total Expenses | 9,942,497 | 13,495,948 | ||
NET INCOME (LOSS) | -1,556,819 | -2,096,054 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -723,969 | [1] | -1,271,775 | [2] |
Net income (loss) allocated to other partners | -832,850 | -824,279 | ||
Series Forty Six [Member] | ' | ' | ||
Revenue | ' | ' | ||
Rent | 5,805,418 | 5,760,603 | ||
Interest and other | 321,722 | 215,378 | ||
Operating Partnerships Revenues | 6,127,140 | 5,975,981 | ||
Expenses | ' | ' | ||
Interest | 1,368,344 | 1,353,678 | ||
Depreciation and amortization | 1,545,106 | 1,514,134 | ||
Taxes and insurance | 788,918 | 694,880 | ||
Repairs and maintenance | 1,299,567 | 1,036,070 | ||
Operating expenses | 2,076,051 | 1,960,941 | ||
Impairment loss | 0 | 0 | ||
Other expenses | 49,239 | 49,726 | ||
Operating Partnerships Total Expenses | 7,127,225 | 6,609,429 | ||
NET INCOME (LOSS) | -1,000,085 | -633,448 | ||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | -938,467 | [1] | -585,312 | [2] |
Net income (loss) allocated to other partners | ($61,618) | ($48,136) | ||
[1] | Amounts include $366,227, $98,321, $264,711, $361,723, $241,279, $43,041, $842,204, $277,730, $953,311, $1,065,191, $621,294, $1,155,732, $1,433,129, $566,103, $1,227,938, $688,552, $489,323, $1,423,309, $447,771, $594,093, $726,480, $621,885, $792,226, $547,642, $372,037, $57,205 and $20,585 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45 and 46, respectively, of loss not recognized under the equity method of accounting as described in note A. | |||
[2] | Amounts include $220,356, $86,888, $159,268, $178,090, $428,611, $130,543, $900,257 $262,813, $888,944, $1,439,168, $680,994, $2,070,330, $1,389,322, $615,022, $1,312,415, $767,266, $478,049, $1,554,735, $446,193, $607,980, $419,385, $333,869, $527,871, $134,805, $4,133,937 and $522,878 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A. |
INVESTMENTS_IN_OPERATING_LIMIT8
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS (Details Textual) (USD $) | 12 Months Ended | ||
Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | |
Series Twenty [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | $366,227 | ' | $220,356 |
Series Twenty One [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 98,321 | ' | 86,888 |
Series Twenty Two [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 264,711 | ' | 159,268 |
Series Twenty Three [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 361,723 | ' | 178,090 |
Series Twenty Four [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 241,279 | ' | 428,611 |
Series Twenty Five [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 43,041 | ' | 130,543 |
Fund Receivable | ' | 618,889 | ' |
Series Twenty Six [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 842,204 | ' | 900,257 |
Series Twenty Seven [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 277,730 | ' | 262,813 |
Series Twenty Eight [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 953,311 | ' | 888,944 |
Series Twenty Nine [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 1,065,191 | ' | 1,439,168 |
Write Off Of Capital Contribution Payable | ' | 1,962 | ' |
Series Thirty [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 621,294 | ' | 680,994 |
Series Thirty One [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 1,155,732 | ' | 2,070,330 |
Series Thirty Two [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 1,433,129 | ' | 1,389,322 |
Series Thirty Three [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 566,103 | ' | 615,022 |
Series Thirty Four [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 1,227,938 | ' | 1,312,415 |
Series Thirty Five [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 688,552 | ' | 767,266 |
Series Thirty Six [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 489,323 | ' | 478,049 |
Series Thirty Seven [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 1,423,309 | ' | 1,554,735 |
Series Thirty Eight [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 447,771 | ' | 446,193 |
Series Thirty Nine [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 594,093 | ' | 607,980 |
Series Forty [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 726,480 | ' | 419,385 |
Series Forty One [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 621,885 | ' | 333,869 |
Series Forty Two [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 792,226 | ' | 527,871 |
Series Forty Three [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 547,642 | ' | 134,805 |
Series Forty Four [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 372,037 | ' | 4,133,937 |
Series Forty Five [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | 57,205 | ' | 522,878 |
Series Forty Six [Member] | ' | ' | ' |
Investments In Operating Limited Partnerships [Line Items] | ' | ' | ' |
Income Loss Not Recognized Under Equity Method Accounting | $20,585 | ' | ' |
NOTES_RECEIVABLE_Details
NOTES RECEIVABLE (Details) (USD $) | Mar. 31, 2014 | Mar. 31, 2013 |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | $22,790 | $69,698 |
Series Twenty [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Twenty One [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Twenty Two [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Twenty Three [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Twenty Four [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Twenty Five [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Twenty Six [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Twenty Seven [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Twenty Eight [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Twenty Nine [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Thirty [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Thirty One [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Thirty Two [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 46,908 |
Series Thirty Three [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Thirty Four [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Thirty Five [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Thirty Six [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Thirty Seven [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Thirty Eight [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Thirty Nine [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Forty [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Forty One [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Forty Two [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 22,790 | 22,790 |
Series Forty Three [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Forty Four [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Forty Five [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | 0 | 0 |
Series Forty Six [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | $0 | $0 |
NOTES_RECEIVABLE_Details_Textu
NOTES RECEIVABLE (Details Textual) (USD $) | 12 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Notes receivable | $22,790 | $69,698 |
Notes Receivable Interest Rate Terms | 'ranging from 3.00% to prime + 1.00%. | ' |
Prime Rate | 3.25% | 3.25% |
RECONCILIATION_OF_FINANCIAL_ST2
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Details) (USD $) | 12 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | ($4,310,963) | ($9,286,324) |
Operating limited partnership rents received in advance | -6,007 | 27,748 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -3,180,283 | -1,085,849 |
Other | 14,775,748 | 5,372,512 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -16,299,042 | -20,689,989 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -6,231,944 | -6,562,753 |
Impairment loss not recognized for tax purposes | 7,116,275 | 9,932,388 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 3,255,938 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -10,529,310 | -10,320,275 |
Income (loss) for tax return purposes | -18,665,526 | -29,356,604 |
Series Twenty [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | 606,391 | -132,037 |
Operating limited partnership rents received in advance | 0 | -9,847 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -539,749 | -182,010 |
Other | 992,434 | 1,187,690 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -366,227 | -220,356 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -74,539 | -88,946 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -288,923 | -633,924 |
Income (loss) for tax return purposes | 329,387 | -79,430 |
Series Twenty One [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | 3,069 | -94,652 |
Operating limited partnership rents received in advance | -17 | 20,766 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -20,070 | -7,920 |
Other | 316,382 | 954,139 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -98,321 | -86,888 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -177,554 | -176,857 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -83,572 | -108,953 |
Income (loss) for tax return purposes | -60,083 | 499,635 |
Series Twenty Two [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -98,478 | 173,710 |
Operating limited partnership rents received in advance | 0 | 0 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -26,305 | -106,926 |
Other | 972,788 | 482,776 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -264,711 | -159,268 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -69,076 | -82,051 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -136,555 | -193,569 |
Income (loss) for tax return purposes | 377,663 | 114,672 |
Series Twenty Three [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -125,463 | 7,680 |
Operating limited partnership rents received in advance | 0 | 0 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 71,819 | 50,289 |
Other | 197,451 | -7,338 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -361,723 | -178,090 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -227,036 | -221,153 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -14,194 | -78,968 |
Income (loss) for tax return purposes | -459,146 | -427,580 |
Series Twenty Four [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | 1,625,695 | 1,665,868 |
Operating limited partnership rents received in advance | 2,879 | -995 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -2,468,363 | -199,408 |
Other | 1,989,051 | 1,435,560 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -241,279 | -428,611 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -30,246 | -79,286 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -1,636,274 | -1,789,948 |
Income (loss) for tax return purposes | -758,537 | 603,180 |
Series Twenty Five [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -59,679 | 3,048,059 |
Operating limited partnership rents received in advance | 0 | 0 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 0 | -914,217 |
Other | 593,391 | 1,257,686 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -43,041 | -130,543 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -138,555 | -93,726 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -386,563 | -4,074,777 |
Income (loss) for tax return purposes | -34,447 | -907,518 |
Series Twenty Six [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | 2,736,763 | 1,778,373 |
Operating limited partnership rents received in advance | -449 | 0 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -499,347 | -2,061,461 |
Other | 3,879,632 | -2,342,668 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -842,204 | -900,257 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -214,874 | -384,543 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -4,213,369 | -667,681 |
Income (loss) for tax return purposes | 846,152 | -4,578,237 |
Series Twenty Seven [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | 2,385,674 | 416,424 |
Operating limited partnership rents received in advance | 136 | -26 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -1,559,279 | -571,566 |
Other | 1,619,880 | -468,704 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -277,730 | -262,813 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -181,302 | -303,209 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -1,123,176 | -793,118 |
Income (loss) for tax return purposes | 864,203 | -1,983,012 |
Series Twenty Eight [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | 992,304 | 145,521 |
Operating limited partnership rents received in advance | -50 | -203 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -870,954 | -83,328 |
Other | 863,713 | -532,107 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -953,311 | -888,944 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -222,830 | -279,724 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -292,930 | -88,847 |
Income (loss) for tax return purposes | -484,058 | -1,727,632 |
Series Twenty Nine [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | 68,179 | -445,991 |
Operating limited partnership rents received in advance | -3,627 | 7,127 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 75,854 | 281,404 |
Other | -2,703,508 | 34,138 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,065,191 | -1,439,168 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -294,360 | -362,360 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -308,456 | 45,923 |
Income (loss) for tax return purposes | -4,231,109 | -1,878,927 |
Series Thirty [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -170,958 | -99,836 |
Operating limited partnership rents received in advance | 7,664 | 0 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 155,148 | 65,063 |
Other | 80,092 | 548,253 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -621,294 | -680,994 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -176,205 | -174,505 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -22,236 | -94,152 |
Income (loss) for tax return purposes | -747,789 | -436,171 |
Series Thirty One [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | 337,127 | -173,701 |
Operating limited partnership rents received in advance | 0 | -2,488 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 279,204 | 222,463 |
Other | -565,343 | 445,811 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,155,732 | -2,070,330 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -444,727 | -472,089 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -597,142 | -47,842 |
Income (loss) for tax return purposes | -2,146,613 | -2,098,176 |
Series Thirty Two [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -196,777 | -250,554 |
Operating limited partnership rents received in advance | -2,419 | -112 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 270,411 | 181,115 |
Other | 899,882 | 515,613 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,433,129 | -1,389,322 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -208,100 | -230,122 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -64,279 | -99,306 |
Income (loss) for tax return purposes | -734,411 | -1,272,688 |
Series Thirty Three [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -130,088 | -123,940 |
Operating limited partnership rents received in advance | -466 | 498 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 123,408 | 48,408 |
Other | 78,067 | 52,777 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -566,103 | -615,022 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -140,906 | -149,574 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -28,128 | -29,581 |
Income (loss) for tax return purposes | -664,216 | -816,434 |
Series Thirty Four [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -37,107 | -241,582 |
Operating limited partnership rents received in advance | -3,831 | 3,672 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 256,596 | 274,896 |
Other | 121,042 | 1,201,511 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,227,938 | -1,312,415 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -177,657 | -189,537 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -216,769 | -71,194 |
Income (loss) for tax return purposes | -1,285,664 | -334,649 |
Series Thirty Five [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -25,674 | -229,818 |
Operating limited partnership rents received in advance | 15,521 | 0 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 202,082 | 213,030 |
Other | 135,633 | -406,637 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -688,552 | -767,266 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -254,172 | -275,425 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -256,794 | -148,045 |
Income (loss) for tax return purposes | -871,956 | -1,614,161 |
Series Thirty Six [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -121,517 | 1,171,987 |
Operating limited partnership rents received in advance | 0 | 1,032 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | -867,520 | 104,061 |
Other | 4,218,381 | 483,466 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -489,323 | -478,049 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -158,926 | -147,886 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -104,445 | -918,088 |
Income (loss) for tax return purposes | 2,476,650 | 216,523 |
Series Thirty Seven [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -187,483 | -195,816 |
Operating limited partnership rents received in advance | -18,883 | -512 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 204,864 | 104,864 |
Other | 1,190,800 | 309,920 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -1,423,309 | -1,554,735 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -189,389 | -170,075 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -97,290 | -92,399 |
Income (loss) for tax return purposes | -520,690 | -1,598,753 |
Series Thirty Eight [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -103,034 | -143,068 |
Operating limited partnership rents received in advance | -6,905 | 3,332 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 164,400 | 64,400 |
Other | 358,421 | 139,501 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -447,771 | -446,193 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -396,454 | -388,648 |
Impairment loss not recognized for tax purposes | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -89,091 | -135,875 |
Income (loss) for tax return purposes | -520,434 | -906,551 |
Series Thirty Nine [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -135,596 | -254,218 |
Operating limited partnership rents received in advance | -6,903 | 2,031 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 136,800 | 86,800 |
Other | 337,442 | 138,327 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -594,093 | -607,980 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -286,803 | -269,222 |
Impairment loss not recognized for tax purposes | 0 | 31,426 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -103,140 | -94,884 |
Income (loss) for tax return purposes | -652,293 | -967,720 |
Series Forty [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -207,935 | -506,558 |
Operating limited partnership rents received in advance | 2,625 | 1,336 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 200,016 | 200,016 |
Other | -20,535 | 236,679 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -726,480 | -419,385 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -202,424 | -193,586 |
Impairment loss not recognized for tax purposes | 0 | 159,516 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -116,716 | -130,421 |
Income (loss) for tax return purposes | -1,071,449 | -652,403 |
Series Forty One [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -165,403 | -1,379,525 |
Operating limited partnership rents received in advance | -702 | 583 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 185,732 | 213,068 |
Other | 175,191 | 167,716 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -621,885 | -333,869 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -294,646 | -244,603 |
Impairment loss not recognized for tax purposes | 0 | 686,802 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -230,907 | -21,986 |
Income (loss) for tax return purposes | -952,620 | -911,814 |
Series Forty Two [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -578,220 | -1,816,283 |
Operating limited partnership rents received in advance | -1,127 | 880 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 198,700 | 99,240 |
Other | 508,920 | 53,575 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -792,226 | -527,871 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -288,776 | -249,496 |
Impairment loss not recognized for tax purposes | 212,553 | 1,141,092 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -54,300 | -51,368 |
Income (loss) for tax return purposes | -794,476 | -1,350,231 |
Series Forty Three [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -1,582,420 | -2,884,319 |
Operating limited partnership rents received in advance | -908 | 674 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 306,780 | 281,780 |
Other | 65,862 | -245,073 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -547,642 | -134,805 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -317,839 | -211,864 |
Impairment loss not recognized for tax purposes | 972,475 | 2,181,276 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -99,277 | -58,003 |
Income (loss) for tax return purposes | -1,202,969 | -1,070,334 |
Series Forty Four [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -2,529,532 | -1,930,330 |
Operating limited partnership rents received in advance | 2,360 | 0 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 277,353 | 259,700 |
Other | -1,448,171 | -491,708 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -372,037 | -4,133,937 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -341,059 | -334,458 |
Impairment loss not recognized for tax purposes | 1,696,224 | 981,206 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 3,255,938 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | 183,685 | 256,128 |
Income (loss) for tax return purposes | -2,531,177 | -2,137,461 |
Series Forty Five [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -3,485,593 | -3,626,224 |
Operating limited partnership rents received in advance | 0 | 0 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 312,609 | 140,862 |
Other | -251,745 | 352,267 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -57,205 | -522,878 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -243,079 | -349,757 |
Impairment loss not recognized for tax purposes | 2,293,749 | 2,475,746 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -29,551 | -120,732 |
Income (loss) for tax return purposes | -1,460,815 | -1,650,716 |
Series Forty Six [Member] | ' | ' |
Reconciliation Of Financial Statement Net Income Loss To Income Tax Return Disclosure [Line Items] | ' | ' |
Net income (loss) for financial reporting purposes | -3,125,208 | -3,165,494 |
Operating limited partnership rents received in advance | 9,095 | 0 |
Accrued partnership fund management fee not deducted (deducted) for income tax purposes | 249,528 | 149,528 |
Other | 170,595 | -130,658 |
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting | -20,585 | 0 |
Excess of tax depreciation over book depreciation on operating limited partnership assets | -480,410 | -440,051 |
Impairment loss not recognized for tax purposes | 1,941,274 | 2,275,324 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Difference due to fiscal year for book purposes and calendar year for tax purposes | -118,918 | -78,665 |
Income (loss) for tax return purposes | ($1,374,629) | ($1,390,016) |
RECONCILIATION_OF_FINANCIAL_ST3
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Details 1) (USD $) | Mar. 31, 2014 | Mar. 31, 2013 |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | $76,082,802 | $95,791,218 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 87,884,506 | 83,929,078 |
Impairment loss in investment in operating limited partnerships | -216,038,394 | -226,099,776 |
Historic tax credits - cumulative | 978,267 | 978,267 |
Less share of loss | -1,117,450 | -1,326,821 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 3,256,264 |
Other | 57,538,970 | 57,077,708 |
Investments in operating limited partnerships - as reported | 5,328,701 | 13,605,938 |
Series Twenty [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | -2,870,528 | -2,702,097 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 3,054,043 | 2,747,749 |
Impairment loss in investment in operating limited partnerships | -1,333,677 | -1,648,785 |
Historic tax credits - cumulative | 570,617 | 570,617 |
Less share of loss | -90,622 | -86,256 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 670,167 | 1,118,772 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Twenty One [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | -1,734,996 | -1,709,448 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 2,584,152 | 2,799,954 |
Impairment loss in investment in operating limited partnerships | -118,301 | -118,301 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | -221,074 | -219,339 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | -509,781 | -752,866 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Twenty Two [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | -2,216,485 | -2,855,486 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 1,708,122 | 2,729,559 |
Impairment loss in investment in operating limited partnerships | -1,618,823 | -1,725,087 |
Historic tax credits - cumulative | 223,537 | 223,537 |
Less share of loss | -25,824 | -25,824 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 1,929,473 | 1,653,301 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Twenty Three [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 656,490 | 1,047,798 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 2,436,164 | 2,074,441 |
Impairment loss in investment in operating limited partnerships | -6,353,837 | -6,344,121 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | -54,934 | -54,934 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 3,316,117 | 3,276,816 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Twenty Four [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | -911,837 | -1,087,314 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 2,148,403 | 3,181,496 |
Impairment loss in investment in operating limited partnerships | -1,636,215 | -2,395,773 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | -841 | -37,933 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 400,490 | 339,524 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Twenty Five [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 1,280,497 | 1,546,192 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 467,648 | 476,326 |
Impairment loss in investment in operating limited partnerships | -3,245,521 | -3,403,453 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | -31,239 | -31,239 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 1,528,615 | 1,412,174 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Twenty Six [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | -3,510,773 | -3,672,336 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 5,296,972 | 6,192,769 |
Impairment loss in investment in operating limited partnerships | -4,338,427 | -5,322,693 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | -114,788 | -114,788 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 2,667,016 | 2,917,048 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Twenty Seven [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | -1,806,555 | -458,437 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 1,965,626 | 2,149,024 |
Impairment loss in investment in operating limited partnerships | -4,558,902 | -6,453,941 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | -204,661 | -266,164 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 4,604,492 | 5,029,518 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Twenty Eight [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 8,721,367 | 9,982,115 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 4,221,023 | 3,317,018 |
Impairment loss in investment in operating limited partnerships | -16,476,882 | -16,711,233 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | -79,180 | -99,756 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 3,613,672 | 3,511,856 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Twenty Nine [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | -3,533,205 | 878,137 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 7,179,789 | 7,193,417 |
Impairment loss in investment in operating limited partnerships | -5,875,856 | -10,932,738 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | -204,728 | -265,241 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 2,434,000 | 3,126,425 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Thirty [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 1,088,370 | 1,798,113 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 3,318,142 | 2,714,894 |
Impairment loss in investment in operating limited partnerships | -6,613,997 | -6,609,159 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 2,207,485 | 2,096,152 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Thirty One [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | -75,435 | 2,105,367 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 7,965,109 | 7,706,614 |
Impairment loss in investment in operating limited partnerships | -11,182,057 | -14,021,758 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | -89,559 | -125,347 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 3,381,942 | 4,335,124 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Thirty Two [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 6,429,738 | 7,183,259 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 6,317,426 | 5,680,810 |
Impairment loss in investment in operating limited partnerships | -14,763,087 | -14,759,194 |
Historic tax credits - cumulative | 184,113 | 184,113 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 1,831,810 | 1,711,012 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Thirty Three [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 4,589,822 | 5,219,230 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 2,659,844 | 2,093,741 |
Impairment loss in investment in operating limited partnerships | -9,162,728 | -9,101,023 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 1,913,062 | 1,788,052 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Thirty Four [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 3,558,773 | 4,847,738 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 5,821,899 | 4,593,961 |
Impairment loss in investment in operating limited partnerships | -10,625,803 | -11,601,216 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 1,245,131 | 2,159,517 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Thirty Five [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 4,244,912 | 5,042,852 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 3,511,421 | 2,825,313 |
Impairment loss in investment in operating limited partnerships | -11,273,719 | -11,273,719 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 3,517,386 | 3,405,554 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Thirty Six [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 4,233,303 | 667,274 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 1,659,966 | 1,170,643 |
Impairment loss in investment in operating limited partnerships | -7,246,265 | -7,216,579 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 1,352,996 | 5,378,662 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Thirty Seven [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 2,065,352 | 2,510,968 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 6,441,485 | 5,018,176 |
Impairment loss in investment in operating limited partnerships | -7,792,558 | -8,855,671 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | -714,279 | 1,326,527 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Thirty Eight [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 6,284,314 | 6,780,035 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 3,627,297 | 3,181,015 |
Impairment loss in investment in operating limited partnerships | -10,527,541 | -10,498,790 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 615,930 | 537,740 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Thirty Nine [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 4,738,394 | 5,291,296 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 3,876,967 | 3,282,894 |
Impairment loss in investment in operating limited partnerships | -7,438,510 | -7,420,197 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | -1,176,851 | -1,153,993 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Forty [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 7,248,337 | 8,209,133 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 1,365,798 | 639,318 |
Impairment loss in investment in operating limited partnerships | -10,639,800 | -10,596,325 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 2,025,665 | 1,747,874 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Forty One [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 768,256 | 1,583,326 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 2,219,955 | 1,480,788 |
Impairment loss in investment in operating limited partnerships | -7,005,127 | -6,968,657 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 4,016,916 | 3,904,543 |
Investments in operating limited partnerships - as reported | 0 | 0 |
Series Forty Two [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 5,533,010 | 6,214,105 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 2,319,513 | 1,497,482 |
Impairment loss in investment in operating limited partnerships | -10,428,111 | -10,059,798 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 2,575,588 | 2,458,129 |
Investments in operating limited partnerships - as reported | 0 | 109,918 |
Series Forty Three [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 7,665,048 | 8,778,167 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 2,380,028 | 1,834,207 |
Impairment loss in investment in operating limited partnerships | -13,050,566 | -11,853,725 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 3,183,820 | 2,709,259 |
Investments in operating limited partnerships - as reported | 178,330 | 1,467,908 |
Series Forty Four [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 1,396,639 | 3,800,040 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 3,122,647 | 6,568,883 |
Impairment loss in investment in operating limited partnerships | -6,453,489 | -8,041,733 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 3,256,264 |
Other | 1,934,203 | -4,504,236 |
Investments in operating limited partnerships - as reported | 0 | 1,079,218 |
Series Forty Five [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 12,010,027 | 13,291,628 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 194,482 | 778,586 |
Impairment loss in investment in operating limited partnerships | -14,657,544 | -12,456,025 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 4,457,527 | 3,339,358 |
Investments in operating limited partnerships - as reported | 2,004,492 | 4,953,547 |
Series Forty Six [Member] | ' | ' |
Investments In Operating Limited Partnerships For Tax Purposes and Financial Statement Purposes Disclosure [Line Items] | ' | ' |
Investments in operating limited partnerships - tax return | 10,229,967 | 11,499,563 |
Operating limited partnership losses not recognized for financial reporting purposes under the equity method | 20,585 | 0 |
Impairment loss in investment in operating limited partnerships | -11,621,051 | -9,710,082 |
Historic tax credits - cumulative | 0 | 0 |
Less share of loss | 0 | 0 |
Operating limited partnership impairment loss not recognized for tax purposes | 0 | 0 |
Other | 4,516,378 | 4,205,866 |
Investments in operating limited partnerships - as reported | $3,145,879 | $5,995,347 |
CASH_EQUIVALENTS_Details_Textu
CASH EQUIVALENTS (Details Textual) (USD $) | 12 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Cash and Cash Equivalents [Line Items] | ' | ' |
Cash Equivalents | $12,772,584 | $10,128,188 |
Money Market Accounts Interest Rate Minimum | 0.10% | ' |
Money Market Accounts Interest Rate Maximum | 0.45% | ' |
SUBSEQUENT_EVENTS_Details_Text
SUBSEQUENT EVENTS (Details Textual) (Subsequent Event [Member], USD $) | 12 Months Ended |
Mar. 31, 2014 | |
Subsequent Event [Member] | ' |
Subsequent Event [Line Items] | ' |
Estimated Cash Proceeds To Operating Partnership | $6,543,024 |
Estimated Gain On The Sale Of The Operating Partnerships | $6,430,401 |