Response to the following problem:
Access the March 29, 2010, filing of the December 31, 2009, 10-K of America First Tax Exempt Investors LP. This company deals with tax-exempt mortgage revenue bonds that, among other things, finance student housing properties.
1. Locate its December 31, 2009, balance sheet and list the account titles reported in the equity section of the balance sheet.
2. Locate its statement of partners' capital and comprehensive income (loss). How many units of limited partnership (known as "beneficial unit certificate holders") are outstanding at December 31, 2009?
3. What is the partnership's largest asset and its amount at December 31, 2009?