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Fair Value of Financial Instruments - Summary of Activity Related to Level 3 Assets and Liabilities (Details) - Fair Value, Inputs, Level 3 [Member] - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Schedule of Available-for-sale Securities [Line Items]    
Assets at Fair Value, beginning balance $ 798,246,109 $ 796,696,304
Total gains (losses) (realized/unrealized) [Abstract]    
Total gain (losses) included in earnings (interest income and interest expense) $ 7,694,218 $ 7,263,746
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Interest Income (Expense), Net Interest Income (Expense), Net
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Interest Income (Expense), Net Interest Income (Expense), Net
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax
Total gain (losses) Included in earnings (gain on sale of securities)   $ (1,856,893)
Total gain (losses) included in other comprehensive (loss) income $ (70,292,021) (18,553,747)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 196,396,044 71,672,500
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (114,813,748) (56,975,801)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Other [1],[2] (860,533)  
Assets at Fair Value, ending balance 816,370,069 798,246,109
Total amount of gains (losses) for the period included in earnings attributable to the change in unrealized losses relating to assets or liabilities held 97,662 (1,833,679)
Interest Rate Derivative Instruments [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Derivative Assets (Liabilities) at Fair Value, beginning balance 343,418 321,503
Total gains (losses) (realized/unrealized) [Abstract]    
Total gain (losses) included in earnings (interest income and interest expense) 5,756,111 7,126,226
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Derivative Asset (Liability), Settlements (5,768,289) (7,104,311)
Derivative Assets (Liabilities) at Fair Value, beginning balance 331,240 343,418
Total amount of gains (losses) for the period included in earnings attributable to the change in unrealized losses relating to assets or liabilities held 40,538 23,214
Bond Purchase Commitment [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Assets at Fair Value, beginning balance 964,404 431,879
Total gains (losses) (realized/unrealized) [Abstract]    
Total gain (losses) included in other comprehensive (loss) income (865,475) 532,525
Assets at Fair Value, ending balance 98,929 964,404
Taxable Mortgage Revenue Bonds [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Assets at Fair Value, beginning balance 3,428,443 1,510,437
Total gains (losses) (realized/unrealized) [Abstract]    
Total gain (losses) included in earnings (interest income and interest expense) (20,028)  
Total gain (losses) included in other comprehensive (loss) income (535,793) (72,319)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 13,669,857 2,000,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (10,583) (9,675)
Assets at Fair Value, ending balance 16,531,896 3,428,443
Mortgage Revenue Bonds [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Assets at Fair Value, beginning balance [1] 793,509,844 794,432,485
Total gains (losses) (realized/unrealized) [Abstract]    
Total gain (losses) included in earnings (interest income and interest expense) [1] 1,958,135 137,520
'Total gain (losses) Included in earnings (provision for credit loss) [1]   (1,856,893)
Total gain (losses) included in other comprehensive (loss) income [1] (68,890,753) (19,013,953)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases [1] 182,726,187 69,672,500
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements [1] (109,034,876) (49,861,815)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Other [1],[2] (860,533)  
Assets at Fair Value, ending balance [1] 799,408,004 793,509,844
Total amount of gains (losses) for the period included in earnings attributable to the change in unrealized losses relating to assets or liabilities held [1] $ 57,124 $ (1,856,893)
[1] Mortgage revenue bonds include both bonds held in trust as well as those held by the Partnership.
[2] The other line is related to a re-allocation of the loan loss allowance upon restructuring of the Live 929 Apartments MRBs and property loan (Notes 6 and 10)