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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 ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Schedule of Available-for-sale Securities [Line Items]        
Assets at Fair Value, beginning balance $ 953,861,216 $ 886,026,783 $ 952,333,636 $ 816,370,069
Total gains (losses) (realized/unrealized) [Abstract]        
Total gain (losses) included in earnings (interest income and interest expense) 53,529 $ 1,383,541 118,631 $ 2,772,369
Total gain (losses) Included in earnings (impairment of securities and provision for credit loss) 169,308   169,308  
Total gain (losses) Included in earnings (gain on sale of securities) $ 1,012,581   $ 1,012,581  
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Interest Income (Expense), Operating Interest Income (Expense), Operating Interest Income (Expense), Operating Interest Income (Expense), Operating
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Interest Income (Expense), Operating Interest Income (Expense), Operating Interest Income (Expense), Operating Interest Income (Expense), Operating
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 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 other comprehensive (loss) income $ (10,696,569) $ (11,572,946) $ (22,768,265) $ 8,937,143
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases and advances 83,452,062 55,679,750 110,749,860 118,107,563
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales (8,221,234)   (8,221,234)  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements and redemptions (1,606,309) (2,816,007) (15,369,933) (17,486,023)
Assets at Fair Value, ending balance 1,018,024,584 928,701,121 1,018,024,584 928,701,121
Total amount of gains (losses) for the period included in earnings attributable to the change in unrealized gains (losses) relating to assets or liabilities held 186,619 9,110 203,543 20,053
Interest Rate Derivative Instruments [Member]        
Schedule of Available-for-sale Securities [Line Items]        
Derivative Assets (Liabilities) at Fair Value, beginning balance 34 285,145 265 331,240
Total gains (losses) (realized/unrealized) [Abstract]        
Total gain (losses) included in earnings (interest income and interest expense) (34) 1,311,754 (265) 2,629,139
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements and redemptions    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Settlements and redemptions   (1,295,275)   (2,658,755)
Derivative Assets (Liabilities) at Fair Value, ending balance 0 301,624 0 301,624
Total amount of gains (losses) for the period included in earnings attributable to the change in unrealized gains (losses) relating to assets or liabilities held (34) (8,235) (265) (14,259)
Bond Purchase Commitment [Member]        
Schedule of Available-for-sale Securities [Line Items]        
Assets at Fair Value, beginning balance 134,829 211,476 197,788 98,929
Total gains (losses) (realized/unrealized) [Abstract]        
Total gain (losses) included in other comprehensive (loss) income (88,591) (73,376) (151,550) 39,171
Assets at Fair Value, ending balance 46,238 138,100 46,238 138,100
Taxable Mortgage Revenue Bonds [Member]        
Schedule of Available-for-sale Securities [Line Items]        
Assets at Fair Value, beginning balance 10,980,756 18,146,540 21,460,288 16,531,896
Total gains (losses) (realized/unrealized) [Abstract]        
Total gain (losses) included in earnings (interest income and interest expense) (2,894) (6,049) (8,944) (12,099)
Total gain (losses) included in other comprehensive (loss) income (125,411) (355,087) (95,834) (536,596)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases and advances 5,077,000 4,514,875 6,077,000 6,319,875
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements and redemptions (3,130) (2,861) (11,506,189) (5,658)
Assets at Fair Value, ending balance 15,926,321 22,297,418 15,926,321 22,297,418
Mortgage Revenue Bonds [Member]        
Schedule of Available-for-sale Securities [Line Items]        
Assets at Fair Value, beginning balance [1] 942,745,597 867,383,622 930,675,295 799,408,004
Total gains (losses) (realized/unrealized) [Abstract]        
Total gain (losses) included in earnings (interest income and interest expense) [1] 56,457 77,836 127,840 155,329
Total gain (losses) Included in earnings (impairment of securities and provision for credit loss) [1] 169,308   169,308  
Total gain (losses) Included in earnings (gain on sale of securities) [1] 1,012,581   1,012,581  
Total gain (losses) included in other comprehensive (loss) income [1] (10,482,567) (11,144,483) (22,520,881) 9,434,568
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases and advances [1] 78,375,062 51,164,875 104,672,860 111,787,688
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales [1] (8,221,234)   (8,221,234)  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements and redemptions [1] (1,603,179) (1,517,871) (3,863,744) (14,821,610)
Assets at Fair Value, ending balance [1] 1,002,052,025 905,963,979 1,002,052,025 905,963,979
Total amount of gains (losses) for the period included in earnings attributable to the change in unrealized gains (losses) relating to assets or liabilities held [1] $ 186,653 $ 17,345 $ 203,808 $ 34,312
[1] Mortgage revenue bonds includes both bonds held in trust as well as those held by the Partnership.