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Segments - Summary of Partnership Reportable Segment Information (Details) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Revenues:      
Investment income $ 21,878,167 $ 19,272,345  
Other interest income 2,288,165 3,003,838  
Other income 958,825 94,471  
Total revenues 25,125,157 22,370,654  
Expenses:      
Provision for credit losses (172,000) (806,000)  
Depreciation and amortization 3,542 5,967  
Interest expense 14,134,816 13,803,935  
Net result from derivative transactions 3,036,137 (6,267,664)  
General and administrative 4,570,261 4,930,388  
Total expenses 21,572,756 11,666,626  
Other Income:      
Gain on sale of investments in unconsolidated entities 5,220 50,000  
Earnings (losses) from investments in unconsolidated entities (233,334) (106,845)  
Income before income taxes 3,324,287 10,647,183  
Income tax benefit (2,733) (1,198)  
Net income 3,327,020 10,648,381  
Total assets      
Total assets [1] 1,537,482,725   $ 1,579,700,160
Operating Segments [Member] | Affordable Multifamily Investments [Member]      
Revenues:      
Investment income 17,636,796 16,900,668  
Other interest income 2,097,852 3,003,838  
Other income 958,825 94,471  
Total revenues 20,693,473 19,998,977  
Expenses:      
Provision for credit losses (179,000) (806,000)  
Depreciation and amortization 3,542 5,967  
Interest expense 12,448,643 12,769,139  
Net result from derivative transactions 2,503,968 (5,435,562)  
General and administrative 4,570,261 4,930,388  
Total expenses 19,347,414 11,463,932  
Other Income:      
Income before income taxes 1,346,059 8,535,045  
Net income 1,346,059 8,535,045  
Total assets      
Total assets 1,376,114,808   1,428,627,104
Operating Segments [Member] | Seniors and Skilled Nursing Investments [Member]      
Revenues:      
Investment income 1,042,186 747,508  
Other interest income 190,313    
Total revenues 1,232,499 747,508  
Expenses:      
Provision for credit losses 7,000    
Interest expense 652,294 497,170  
Net result from derivative transactions 532,169 (832,102)  
Total expenses 1,191,463 (334,932)  
Other Income:      
Income before income taxes 41,036 1,082,440  
Net income 41,036 1,082,440  
Total assets      
Total assets 70,788,707   70,163,422
Operating Segments [Member] | Market-Rate Joint Venture Investments [Member]      
Revenues:      
Investment income 3,199,185 1,624,169  
Total revenues 3,199,185 1,624,169  
Expenses:      
Interest expense 1,033,879 537,626  
Total expenses 1,033,879 537,626  
Other Income:      
Gain on sale of investments in unconsolidated entities 5,220 50,000  
Earnings (losses) from investments in unconsolidated entities (233,334) (106,845)  
Income before income taxes 1,937,192 1,029,698  
Net income 1,937,192 1,029,698  
Total assets      
Total assets 170,742,061   183,508,429
Operating Segments [Member] | MF Properties [Member]      
Other Income:      
Income tax benefit (2,733) (1,198)  
Net income 2,733 $ 1,198  
Total assets      
Total assets 7,785,639   7,782,906
Consolidation, Eliminations [Member]      
Total assets      
Total assets $ (87,948,490)   $ (110,381,701)
[1] The condensed consolidated balance sheets include assets of consolidated VIEs that can only be used to settle obligations of these VIEs that totaled $1,280,250,847 and $1,332,121,374 as of March 31, 2025 and December 31, 2024, respectively. The condensed consolidated balance sheets include liabilities of the consolidated VIEs for which creditors do not have recourse to the general credit of the Partnership that totaled $367,905,714 and $370,876,249 as of March 31, 2025 and December 31, 2024, respectively. See Note 3 - Variable Interest Entities for further detail.