Condensed Consolidated Balance Sheets (Unaudited) - USD ($) |
Jun. 30, 2026 |
Dec. 31, 2025 |
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|---|---|---|---|---|
| Assets: | ||||
| Cash and cash equivalents | $ 30,913,482 | $ 39,502,187 | ||
| Restricted cash | 10,594,834 | 15,383,782 | ||
| Interest receivable, net | 6,530,237 | 7,276,781 | ||
| Mortgage revenue bonds, at fair value (Note 4) | 890,980,554 | 1,007,904,386 | ||
| Governmental issuer loans | ||||
| Governmental issuer loans (Note 5) | 36,500,000 | 138,757,835 | ||
| Allowance for credit losses (Note 10) | 0 | (609,000) | ||
| Governmental issuer loans, net | 36,500,000 | 138,148,835 | ||
| Property loans | ||||
| Property loans | 56,392,208 | 53,599,227 | ||
| Allowance for credit losses (Note 10) | (3,927,115) | (3,477,134) | ||
| Property loans, net | 52,465,093 | 50,122,093 | ||
| Investments in unconsolidated entities (Note 7) | 156,347,003 | 146,299,844 | ||
| Real estate assets, net (Note 8) | 110,975,548 | 3,622,574 | ||
| Other assets (Note 9) | 91,329,874 | 94,626,796 | ||
| Total Assets | [1] | 1,386,636,625 | 1,502,887,278 | |
| Liabilities: | ||||
| Accounts payable, accrued expenses and other liabilities (Note 11) | 15,429,394 | 21,134,155 | ||
| Distribution payable | 3,336,102 | 5,946,547 | ||
| Secured lines of credit (Note 12) | 95,800,000 | 80,850,000 | ||
| Debt financing, net (Note 13) | 822,456,473 | 1,015,095,423 | ||
| Mortgages payable, net (Note 14) | 83,419,421 | 231,679 | ||
| Total Liabilities | [1] | 1,020,441,390 | 1,123,257,804 | |
| Commitments and Contingencies (Note 16) | ||||
| Redeemable Preferred Units, $102.5 million redemption value, 10.2 million issued and outstanding, net (Note 17) | 102,423,251 | 102,410,507 | ||
| Partnersʼ Capital: | ||||
| General Partner (Note 1) | (134,471) | 0 | ||
| Beneficial Unit Certificates (Note 1) | 263,906,455 | 277,218,967 | ||
| Total Partnersʼ Capital | 263,771,984 | 277,218,967 | ||
| Total Liabilities and Partnersʼ Capital | $ 1,386,636,625 | $ 1,502,887,278 | ||
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- Definition Debt financing liabilities net. No definition available.
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- Definition Governmental issuer loans. No definition available.
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- Definition Governmental issuer loans. No definition available.
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- Definition Governmental issuer loans, allowance for credit losses. No definition available.
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- Definition Governmental issuer loans held in trust. No definition available.
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- Definition Mortgages payable, net. No definition available.
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- Definition Property loan receivable, gross - Amount before allowance of loans held in portfolio. Includes principal only. No definition available.
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- Definition Property loan receivable, net. No definition available.
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- Definition Property loans, allowance for credit losses. No definition available.
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- Definition Property loans receivable. No definition available.
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- Definition Secured line of credit. No definition available.
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- Definition Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of cash and cash equivalent. Cash includes, but is not limited to, currency on hand, demand deposit with financial institution, and account with general characteristic of demand deposit. Cash equivalent includes, but is not limited to, short-term, highly liquid investment that is both readily convertible to known amount of cash and so near maturity that it presents insignificant risk of change in value because of change in interest rate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after allowance for credit loss, of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), investment in debt security measured at amortized cost (held-to-maturity), and investment in debt security measured at fair value with change in fair value recognized in net income (trading). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of the general partner's ownership interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Carrying amount as of the balance sheet date of interest earned but not received. Also called accrued interest or accrued interest receivable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of the limited partners' ownership interests. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of assets classified as other. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of ownership interest of different classes of partners in limited partnership. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount, after accumulated depreciation, depletion, and amortization, of property, plant, and equipment. Includes, but is not limited to, land and land improvement; building; machinery and equipment; furniture and fixture; and work of art, historical treasure, or similar asset classified as collection. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of cash and cash equivalent restricted as to withdrawal or usage, classified as current. Cash includes, but is not limited to, currency on hand, demand deposit with financial institution, and account with general characteristic of demand deposit. Cash equivalent includes, but is not limited to, short-term, highly liquid investment that is both readily convertible to known amount of cash and so near maturity that it presents insignificant risk of change in value because of change in interest rate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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