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Investments in Bonds (Details) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Jun. 30, 2015
Nov. 30, 2014
Mar. 31, 2014
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust $ 484,817,254 $ 338,861,752      
Unrealized Gain, held in trust 51,499,227 39,561,340      
Estimated Fair Value, held in trust 536,316,481 378,423,092      
Cost Adjusted for Paydowns 45,502,220 65,538,068      
Unrealized Gain 1,907,499 5,082,559      
Unrealized Loss (43,063) (19,582)      
Available-for-sale Securities 47,366,656 70,601,045      
Arbors at Hickory Ridge [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [1] 11,565,657 11,570,933      
Unrealized Gain, held in trust [1] 1,767,508 1,792,303      
Estimated Fair Value, held in trust [1] 13,333,165 13,363,236      
Ashley Square [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [2] 5,099,000 5,159,000      
Unrealized Gain, held in trust [2] 508,163 486,559      
Estimated Fair Value, held in trust [2] 5,607,163 5,645,559      
Bella Vista [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [2] 6,430,000 6,490,000      
Unrealized Gain, held in trust [2] 766,135 625,571      
Estimated Fair Value, held in trust [2] 7,196,135 7,115,571      
Bridle Ridge [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [2] 7,595,000 7,655,000      
Unrealized Gain, held in trust [2] 817,222 659,249      
Estimated Fair Value, held in trust [2] 8,412,222 8,314,249      
Brookstone [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [2] 7,468,668 7,468,888      
Unrealized Gain, held in trust [2] 1,436,203 1,360,589      
Estimated Fair Value, held in trust [2] 8,904,871 8,829,477      
Bruton Apts [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [3] 18,145,000 18,145,000      
Unrealized Gain, held in trust [3] 1,901,839 1,455,955      
Estimated Fair Value, held in trust [3] 20,046,839 19,600,955      
Columbia Gardens [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [3] 15,224,597        
Estimated Fair Value, held in trust [3] 15,224,597        
Copper Gate [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [1] 5,185,000 5,220,000      
Unrealized Gain, held in trust [1] 616,341 563,656      
Estimated Fair Value, held in trust [1] 5,801,341 5,783,656      
Cross Creek [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [2] 6,101,605 6,074,817      
Unrealized Gain, held in trust [2] 2,932,689 2,542,262      
Estimated Fair Value, held in trust [2] 9,034,294 8,617,079      
Decatur-Angle [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [3] 23,000,000 23,000,000      
Unrealized Gain, held in trust [3] 1,582,083 919,540      
Estimated Fair Value, held in trust [3] 24,582,083 23,919,540      
Available-for-sale Securities         $ 23,000,000
Glenview Apts [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns   6,723,000      
Available-for-sale Securities   6,723,000      
Heritage Square [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns   11,705,000      
Unrealized Gain   1,109,125      
Available-for-sale Securities   12,814,125      
Lake Forest [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [2] 8,766,000 8,886,000      
Unrealized Gain, held in trust [2] 1,177,745 1,003,614      
Estimated Fair Value, held in trust [2] 9,943,745 9,889,614      
Live 929 Apartments [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [3] 40,801,557 40,895,739      
Unrealized Gain, held in trust [3] 5,829,855 3,797,745      
Estimated Fair Value, held in trust [3] 46,631,412 44,693,484      
Available-for-sale Securities   40,300,000      
Montclair Apts [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns   3,458,000      
Available-for-sale Securities   3,458,000      
Pro Nova [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [3] 19,379,489 20,095,169      
Unrealized Gain, held in trust [3] 1,182,900 1,043,431      
Estimated Fair Value, held in trust [3] 20,562,389 21,138,600      
Rennaisance [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns   12,675,000      
Unrealized Gain   1,055,807      
Available-for-sale Securities   13,730,807      
Runnymede [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [2] 10,350,000 10,440,000      
Unrealized Gain, held in trust [2] 1,600,938 1,385,910      
Estimated Fair Value, held in trust [2] 11,950,938 11,825,910      
Santa Fe Apts [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns   4,736,000      
Available-for-sale Securities   4,736,000      
Southpark [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [2] 11,799,874 11,842,206      
Unrealized Gain, held in trust [2] 3,990,882 3,743,692      
Estimated Fair Value, held in trust [2] 15,790,756 15,585,898      
The Palms at Premier Park [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [1] 20,001,272 20,152,000      
Unrealized Gain, held in trust [1] 2,505,091 2,680,619      
Estimated Fair Value, held in trust [1] 22,506,363 22,832,619      
Vantage at Harlingen [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns   6,692,000      
Unrealized Gain   707,813      
Available-for-sale Securities   7,399,813      
Vantage at Judson [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns   6,049,000      
Unrealized Gain   717,230      
Available-for-sale Securities   6,766,230      
Willow Run [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [3] 15,224,591        
Estimated Fair Value, held in trust [3] 15,224,591        
Woodlynn Village [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [2] 4,351,000 4,390,000      
Unrealized Gain, held in trust [2] 466,471 376,706      
Estimated Fair Value, held in trust [2] 4,817,471 4,766,706      
Crossing at 1415 [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 7,925,000        
Unrealized Gain 214,091        
Available-for-sale Securities 8,139,091        
Heights at 515 [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 6,945,000        
Unrealized Gain 185,268        
Available-for-sale Securities 7,130,268        
Seasons at Simi Valley [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 6,320,000        
Unrealized Gain 404,110        
Available-for-sale Securities 6,724,110        
Sycamore Walk [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 5,447,000        
Available-for-sale Securities 5,447,000        
The Suites on Paseo [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [3]   35,450,000      
Unrealized Gain, held in trust [3]   3,193,691      
Estimated Fair Value, held in trust [3]   38,643,691      
Series A [Member] | Avistar at Chase Hill - [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [1] 9,935,552 10,000,000      
Unrealized Gain, held in trust [1] 1,133,024 1,196,800      
Estimated Fair Value, held in trust [1] 11,068,576 11,196,800      
Series A [Member] | Avistar at the Crest [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [1] 9,637,485 9,700,000      
Unrealized Gain, held in trust [1] 1,301,224 1,419,692      
Estimated Fair Value, held in trust [1] 10,938,709 11,119,692      
Series A [Member] | Avistar at the Oaks [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [1] 7,777,936 7,800,000      
Unrealized Gain, held in trust [1] 840,159 869,622      
Estimated Fair Value, held in trust [1] 8,618,095 8,669,622      
Series A [Member] | Avistar at the Parkway [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [4] 13,300,000        
Unrealized Gain, held in trust [4] 330,251        
Estimated Fair Value, held in trust [4] 13,630,251        
Series A [Member] | Avistar in 09 [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [1] 6,715,948 6,735,000      
Unrealized Gain, held in trust [1] 725,445 750,885      
Estimated Fair Value, held in trust [1] 7,441,393 7,485,885      
Series A [Member] | Avistar on the Boulevard [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [1] 16,418,497 16,525,000      
Unrealized Gain, held in trust [1] 1,872,323 2,418,599      
Estimated Fair Value, held in trust [1] 18,290,820 18,943,599      
Series A [Member] | Avistar on the Hills [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [1] 5,373,756 5,389,000      
Unrealized Gain, held in trust [1] 693,096 743,520      
Estimated Fair Value, held in trust [1] 6,066,852 6,132,520      
Series A [Member] | Concord at Gulfgate [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [3] 17,060,000        
Unrealized Gain, held in trust [3] 852,612        
Estimated Fair Value, held in trust [3] 17,912,612        
Cost Adjusted for Paydowns 17,100,000        
Series A [Member] | Concord at Little York [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [3] 12,480,000        
Unrealized Gain, held in trust [3] 688,441        
Estimated Fair Value, held in trust [3] 13,168,441        
Cost Adjusted for Paydowns 12,500,000        
Series A [Member] | Concord at Williamcrest [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [3] 18,020,000        
Unrealized Gain, held in trust [3] 1,182,543        
Estimated Fair Value, held in trust [3] 19,202,543        
Cost Adjusted for Paydowns 18,000,000        
Series A [Member] | Glenview Apts [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [4] 4,670,000        
Unrealized Gain, held in trust [4] 210,572        
Estimated Fair Value, held in trust [4] 4,880,572        
Available-for-sale Securities       $ 4,700,000  
Series A [Member] | Greens of Pine Glen [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [1] 8,294,000 8,366,000      
Unrealized Gain, held in trust [1] 1,138,270 1,005,119      
Estimated Fair Value, held in trust [1] 9,432,270 9,371,119      
Series A [Member] | Harden Ranch [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [1] 6,960,000 6,960,000      
Unrealized Gain, held in trust [1] 668,981 511,421      
Estimated Fair Value, held in trust [1] 7,628,981 7,471,421      
Series A [Member] | Heritage Square [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [4] 11,185,000        
Unrealized Gain, held in trust [4] 273,488        
Estimated Fair Value, held in trust [4] 11,458,488        
Available-for-sale Securities   11,200,000      
Series A [Member] | Montclair Apts [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [4] 2,530,000        
Unrealized Gain, held in trust [4] 114,079        
Estimated Fair Value, held in trust [4] 2,644,079        
Available-for-sale Securities       2,500,000  
Series A [Member] | Ohio Properties [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [2] 14,311,000 14,407,000      
Unrealized Gain, held in trust [2] 2,690,867 2,444,034      
Estimated Fair Value, held in trust [2] 17,001,867 16,851,034      
Series A [Member] | Rennaisance [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [4] 11,450,959        
Unrealized Gain, held in trust [4] 1,233,077        
Estimated Fair Value, held in trust [4] 12,684,036        
Series A [Member] | Santa Fe Apts [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [4] 3,065,000        
Unrealized Gain, held in trust [4] 154,067        
Estimated Fair Value, held in trust [4] 3,219,067        
Available-for-sale Securities       3,000,000  
Series A [Member] | Silver Moon [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [4] 7,983,811        
Unrealized Gain, held in trust [4] 1,246,349        
Estimated Fair Value, held in trust [4] 9,230,160        
Cost Adjusted for Paydowns     $ 8,000,000    
Series A [Member] | Tyler Park Apartments [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [1] 6,075,000 6,075,000      
Unrealized Gain, held in trust [1] 487,209 345,060      
Estimated Fair Value, held in trust [1] 6,562,209 6,420,060      
Series A [Member] | Westside Village Market [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [1] 3,970,000 3,970,000      
Unrealized Gain, held in trust [1] 202,340 225,496      
Estimated Fair Value, held in trust [1] 4,172,340 4,195,496      
Series B [Member] | Avistar at Chase Hill - [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 961,981 965,000      
Unrealized Gain 109,878 144,769      
Available-for-sale Securities 1,071,859 1,109,769      
Series B [Member] | Avistar at the Crest [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 756,626 759,000      
Unrealized Gain 86,428 124,286      
Available-for-sale Securities 843,054 883,286      
Series B [Member] | Avistar at the Oaks [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 553,244 554,000      
Unrealized Gain 63,533 54,325      
Available-for-sale Securities 616,777 608,325      
Series B [Member] | Avistar at the Parkway [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 125,000        
Unrealized Loss (979)        
Available-for-sale Securities 124,021        
Series B [Member] | Avistar in 09 [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 456,376 457,000      
Unrealized Gain 52,409 50,608      
Available-for-sale Securities 508,785 507,608      
Series B [Member] | Avistar on the Boulevard [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 449,589 451,000      
Unrealized Gain 51,356 73,851      
Available-for-sale Securities 500,945 524,851      
Series B [Member] | Concord at Gulfgate [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 2,125,000        
Unrealized Gain 76,802        
Available-for-sale Securities 2,201,802        
Series B [Member] | Concord at Little York [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 960,000        
Unrealized Loss (6,711)        
Available-for-sale Securities 953,289        
Series B [Member] | Concord at Williamcrest [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 2,800,000        
Unrealized Loss (19,573)        
Available-for-sale Securities 2,780,427        
Series B [Member] | Glenview Apts [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 2,053,000        
Unrealized Loss (7,329)        
Available-for-sale Securities 2,045,671     2,000,000  
Series B [Member] | Greens of Pine Glen [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 943,214 945,638      
Unrealized Gain 142,442 376,203      
Available-for-sale Securities 1,085,656 1,321,841      
Series B [Member] | Harden Ranch [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns   2,340,000      
Unrealized Loss   (1,501)      
Available-for-sale Securities   2,338,499      
Series B [Member] | Heritage Square [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 520,000        
Unrealized Gain 6,185        
Available-for-sale Securities 526,185 520,000      
Series B [Member] | Montclair Apts [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 928,000        
Unrealized Loss (2,506)        
Available-for-sale Securities 925,494     1,000,000  
Series B [Member] | Ohio Properties [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 3,562,190 3,573,430      
Unrealized Gain 514,997 668,542      
Available-for-sale Securities 4,077,187 4,241,972      
Series B [Member] | Santa Fe Apts [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns 1,671,000        
Unrealized Loss (5,965)        
Available-for-sale Securities 1,665,035     $ 1,700,000  
Series B [Member] | Silver Moon [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns     500,000    
Series B [Member] | Tyler Park Apartments [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns   2,025,000      
Unrealized Loss   (17,395)      
Available-for-sale Securities   2,007,605      
Series B [Member] | Vantage at Harlingen [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [4] 24,575,000        
Unrealized Gain, held in trust [4] 1,765,139        
Estimated Fair Value, held in trust [4] 26,340,139        
Cost Adjusted for Paydowns     $ 24,600,000    
Series B [Member] | Vantage at Judson [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Available-for-sale Securities, Amortized Cost Basis, Held in Trust [4] 26,540,000        
Unrealized Gain, held in trust [4] 2,613,606        
Estimated Fair Value, held in trust [4] 29,153,606        
Cost Adjusted for Paydowns $ 26,500,000        
Series B [Member] | Westside Village Market [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Cost Adjusted for Paydowns   1,430,000      
Unrealized Loss   (686)      
Available-for-sale Securities   $ 1,429,314      
[1] Bonds owned by ATAX TEBS II, LLC, see Note 12
[2] Bonds owned by ATAX TEBS I, LLC, see Note 12
[3] Bond held by Deutsche Bank in a secured financing transaction, see Note 12
[4] Bonds owned by ATAX TEBS III, LLC, see Note 12