Accounts Payable, Accrued Expenses and Other Liabilities

6 Months Ended

Jun. 30, 2024

Payables and Accruals [Abstract]

Accounts Payable, Accrued Expenses and Other Liabilities

11. Accounts Payable, Accrued Expenses and Other Liabilities

The following table summarizes the Partnership’s accounts payable, accrued expenses and other liabilities as of June 30, 2024 and December 31, 2023:

	June 30, 2024		December 31, 2023
Accounts payable	$	1,053,755	$	1,518,267
Accrued expenses		3,757,255		4,104,945
Accrued interest expense		7,700,825		7,935,327
Deferred gain on sale of MF Property		6,596,622		6,596,622
Reserve for credit losses on unfunded commitments (Note 10)		385,000		678,000
Derivative instruments at fair value (Note 15)		418,075		705,694
Other liabilities		1,303,703		1,419,233
Total accounts payable, accrued expenses and other liabilities	$	21,215,235	$	22,958,088