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Property Loans - Summary of Partnership's Property Loans, Net of Loan Loss Allowances (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2023
Dec. 31, 2022
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance $ 165,231,455 $ 175,604,711 [1]
Asset-Specific Allowance for Credit Losses (495,000) (495,000) [1]
Property Loan Principal, net of allowance 164,736,455 175,109,711 [1]
The 50/50 MF Property [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance 5,200,000 4,800,000
Property Loan Principal, net of allowance   4,800,000
Live 929 Apartments [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance 495,000 495,000
Senior Construction Financing [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance 120,117,546 [2] 130,002,497 [1]
Property Loan Principal, net of allowance 120,117,546 [2] 130,002,497 [1]
Senior Construction Financing [Member] | Centennial Crossings [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance 17,557,656 [2] 24,250,000 [1]
Property Loan Principal, net of allowance $ 17,557,656 [2] $ 24,250,000 [1]
Maturity Date Sep. 01, 2023 [2] Sep. 01, 2023 [1]
Senior Construction Financing [Member] | Centennial Crossings [Member] | LIBOR [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Interest Rate 2.50% [2] 2.50% [1]
Senior Construction Financing [Member] | Hilltop at Signal Hills [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance $ 20,458,137 [2] $ 19,718,334 [1]
Property Loan Principal, net of allowance $ 20,458,137 [2] $ 19,718,334 [1]
Maturity Date Aug. 01, 2023 [2] Aug. 01, 2023 [1]
Senior Construction Financing [Member] | Hilltop at Signal Hills [Member] | SOFR [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Interest Rate 3.07% [2] 3.07% [1]
Senior Construction Financing [Member] | Legacy Commons at Signal Hills [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance $ 30,716,905 [2] $ 29,666,905 [1]
Property Loan Principal, net of allowance $ 30,716,905 [2] $ 29,666,905 [1]
Maturity Date Feb. 01, 2024 [2] Feb. 01, 2024 [1]
Senior Construction Financing [Member] | Legacy Commons at Signal Hills [Member] | SOFR [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Interest Rate 3.07% [2] 3.00% [1]
Senior Construction Financing [Member] | Magnolia Heights [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance [2] $ 10,300,000  
Property Loan Principal, net of allowance [2] $ 10,300,000  
Maturity Date [2] Jul. 01, 2024  
Senior Construction Financing [Member] | Magnolia Heights [Member] | SOFR [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Interest Rate [2] 3.85%  
Senior Construction Financing [Member] | Oasis at Twin Lakes [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance $ 24,018,657 [2] $ 24,018,657 [1]
Property Loan Principal, net of allowance $ 24,018,657 [2] $ 24,018,657 [1]
Maturity Date Aug. 01, 2023 [2] Aug. 01, 2023 [1]
Senior Construction Financing [Member] | Oasis at Twin Lakes [Member] | LIBOR [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Interest Rate 2.50% [2] 2.50% [1]
Senior Construction Financing [Member] | Osprey Village [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance $ 1,000,000 [2] $ 1,000,000 [1]
Property Loan Principal, net of allowance $ 1,000,000 [2] $ 1,000,000 [1]
Maturity Date Aug. 01, 2024 [2] Aug. 01, 2024 [1]
Senior Construction Financing [Member] | Osprey Village [Member] | SOFR [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Interest Rate 3.07% [2] 3.07% [1]
Senior Construction Financing [Member] | Scharbauer Flats Apartments [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance $ 13,386,764 [2] $ 24,160,000 [1]
Property Loan Principal, net of allowance $ 13,386,764 [2] $ 24,160,000 [1]
Maturity Date Jul. 01, 2023 [2] Jul. 01, 2023 [1]
Senior Construction Financing [Member] | Scharbauer Flats Apartments [Member] | LIBOR [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Interest Rate 2.85% [2] 2.85% [1]
Senior Construction Financing [Member] | Willow Place Apartments [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance $ 2,679,427 [2] $ 1,000,000 [1]
Property Loan Principal, net of allowance $ 2,679,427 [2] $ 1,000,000 [1]
Maturity Date Oct. 01, 2024 [2] Oct. 01, 2024 [1]
Senior Construction Financing [Member] | Willow Place Apartments [Member] | SOFR [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Interest Rate 3.30% [2] 3.30% [1]
Senior Construction Financing [Member] | Magnolia Crossing [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance [1]   $ 6,188,601
Property Loan Principal, net of allowance [1]   $ 6,188,601
Maturity Date [1]   Jul. 01, 2024
Senior Construction Financing [Member] | Magnolia Crossing [Member] | SOFR [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Interest Rate [1]   3.85%
Mezzanine Financing [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance $ 39,000,000 [3] $ 39,000,000 [1]
Property Loan Principal, net of allowance 39,000,000 [3] 39,000,000 [1]
Mezzanine Financing [Member] | So La Impact Opportunity Zone Fund [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance 39,000,000 [3] 39,000,000 [1]
Property Loan Principal, net of allowance $ 39,000,000 [3] $ 39,000,000 [1]
Maturity Date Dec. 30, 2024 [3] Dec. 30, 2024 [1]
Interest Rate 7.875% [3] 7.875% [1]
Other [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance $ 6,113,909 $ 6,602,214 [1]
Asset-Specific Allowance for Credit Losses (495,000) (495,000) [1]
Property Loan Principal, net of allowance 5,618,909 6,107,214 [1]
Other [Member] | The 50/50 MF Property [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance 5,165,315 4,803,620 [1]
Property Loan Principal, net of allowance $ 5,165,315 $ 4,803,620 [1]
Maturity Date Mar. 11, 2048 Mar. 11, 2048 [1]
Interest Rate 9.00% 9.00% [1]
Other [Member] | Avistar (February 2013 Portfolio) [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance $ 201,972 $ 201,972 [1]
Property Loan Principal, net of allowance $ 201,972 $ 201,972 [1]
Maturity Date Jun. 26, 2024 Jun. 26, 2024 [1]
Interest Rate 12.00% 12.00% [1]
Other [Member] | Avistar (June 2013 Portfolio) [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance $ 251,622 $ 251,622 [1]
Property Loan Principal, net of allowance $ 251,622 $ 251,622 [1]
Maturity Date Jun. 26, 2024 Jun. 26, 2024 [1]
Interest Rate 12.00% 12.00% [1]
Other [Member] | Greens Property [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance [1]   $ 850,000
Property Loan Principal, net of allowance [1]   $ 850,000
Maturity Date [1]   Sep. 01, 2046
Interest Rate [1]   10.00%
Other [Member] | Live 929 Apartments [Member]    
Accounts Notes And Loans Receivable [Line Items]    
Property loan receivable, outstanding balance $ 495,000 $ 495,000 [1]
Asset-Specific Allowance for Credit Losses $ (495,000) $ (495,000) [1]
Maturity Date Jul. 31, 2049 Jul. 31, 2049 [1]
Interest Rate 8.00% 8.00% [1]
[1] The property loans are held in trust in connection with TOB trust financings (Note 16). The property loans and associated GILs are on parity and share a first mortgage lien position on all real and personal property associated with the underlying property. Affiliates of the borrowers have guaranteed limited-to-full payment of principal and accrued interest on the property loans. The borrowers may elect to extend the maturity dates for periods ranging between six and twelve months upon meeting certain conditions, which may include payment of a non-refundable extension fee. The variable index interest rate components are typically subject to floors that range from 0% to 0.50%
[2] The property loans are held in trust in connection with TOB trust financings (Note 16). The property loans and associated GILs are on parity and share a first mortgage lien position on all real and personal property associated with the underlying property. Affiliates of the borrowers have guaranteed limited-to-full payment of principal and accrued interest on the property loans. The borrowers may elect to extend the maturity dates for periods ranging between six and twelve months upon meeting certain conditions, which may include payment of a non-refundable extension fee. The variable index interest rate components are typically subject to floors that range from 0% to 0.50%.
[3] The property loan is held in trust in connection with a TOB trust financing (Note 16).