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Segments - Summary of Partnership Reportable Segment Information (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Revenues:          
Investment income $ 20,824,819 $ 19,827,388 $ 42,702,986 $ 39,099,733  
Other interest income 2,558,264 2,070,487 4,846,429 5,074,325  
Contingent interest income 208,059   208,059    
Other income   71,296 958,825 165,767  
Total revenues 23,591,142 21,969,171 48,716,299 44,339,825  
Expenses:          
Provision for credit losses 9,052,734 19,692 8,880,734 (786,308)  
Depreciation and amortization 2,646 5,966 6,188 11,933  
Interest expense 14,225,688 14,898,265 28,360,504 28,702,200  
Net result from derivative transactions 1,379,216 (1,884,934) 4,415,353 (8,152,598)  
General and administrative 4,674,865 4,821,427 9,245,126 9,751,815  
Total expenses 29,335,149 17,860,416 50,907,905 29,527,042  
Other Income:          
Gain on sale of real estate assets   63,739   63,739  
Gain on sale of mortgage revenue bond   1,012,581   1,012,581  
Gain on sale of investments in unconsolidated entities 195,516 6,986 200,736 56,986  
Earnings (losses) from investments in unconsolidated entities (1,525,993) (14,711) (1,759,327) (121,556)  
Income (loss) before income taxes (7,074,484) 5,177,350 (3,750,197) 15,824,533  
Income tax benefit (2,762) (786) (5,495) (1,984)  
Net income (loss) (7,071,722) 5,178,136 (3,744,702) 15,826,517  
Total assets          
Total assets [1] 1,480,635,793   1,480,635,793   $ 1,579,700,160
Operating Segments [Member] | Affordable Multifamily Investments [Member]          
Revenues:          
Investment income 16,949,363 17,864,707 34,586,159 34,765,375  
Other interest income 2,367,952 2,057,799 4,465,804 5,061,637  
Contingent interest income 208,059   208,059    
Other income   71,296 958,825 165,767  
Total revenues 19,525,374 19,993,802 40,218,847 39,992,779  
Expenses:          
Provision for credit losses 9,053,734 (195,308) 8,874,734 (1,001,308)  
Depreciation and amortization 2,646 5,966 6,188 11,933  
Interest expense 12,641,406 13,853,241 25,090,049 26,622,380  
Net result from derivative transactions 1,108,996 (1,615,398) 3,612,964 (7,050,960)  
General and administrative 4,674,865 4,821,427 9,245,126 9,751,815  
Total expenses 27,481,647 16,869,928 46,829,061 28,333,860  
Other Income:          
Gain on sale of mortgage revenue bond   1,012,581   1,012,581  
Earnings (losses) from investments in unconsolidated entities (29,757)   (29,757)    
Income (loss) before income taxes (7,986,030) 4,136,455 (6,639,971) 12,671,500  
Net income (loss) (7,986,030) 4,136,455 (6,639,971) 12,671,500  
Total assets          
Total assets 1,318,734,107   1,318,734,107   1,428,627,104
Operating Segments [Member] | Seniors and Skilled Nursing Investments [Member]          
Revenues:          
Investment income 1,051,619 807,659 2,093,805 1,555,167  
Other interest income 190,312 12,688 380,625 12,688  
Total revenues 1,241,931 820,347 2,474,430 1,567,855  
Expenses:          
Provision for credit losses (1,000) 215,000 6,000 215,000  
Interest expense 713,845 567,096 1,366,139 1,064,266  
Net result from derivative transactions 270,220 (269,536) 802,389 (1,101,638)  
General and administrative        
Total expenses 983,065 512,560 2,174,528 177,628  
Other Income:          
Income (loss) before income taxes 258,866 307,787 299,902 1,390,227  
Net income (loss) 258,866 307,787 299,902 1,390,227  
Total assets          
Total assets 71,618,221   71,618,221   70,163,422
Operating Segments [Member] | Market-Rate Joint Venture Investments [Member]          
Revenues:          
Investment income 2,823,837 1,155,022 6,023,022 2,779,191  
Total revenues 2,823,837 1,155,022 6,023,022 2,779,191  
Expenses:          
Interest expense 870,437 477,928 1,904,316 1,015,554  
Net result from derivative transactions        
General and administrative        
Total expenses 870,437 477,928 1,904,316 1,015,554  
Other Income:          
Gain on sale of investments in unconsolidated entities 195,516 6,986 200,736 56,986  
Earnings (losses) from investments in unconsolidated entities (1,496,236) (14,711) (1,729,570) (121,556)  
Income (loss) before income taxes 652,680 669,369 2,589,872 1,699,067  
Net income (loss) 652,680 669,369 2,589,872 1,699,067  
Total assets          
Total assets 156,634,794   156,634,794   183,508,429
Operating Segments [Member] | MF Properties [Member]          
Other Income:          
Gain on sale of real estate assets   63,739   63,739  
Income (loss) before income taxes   63,739   63,739  
Income tax benefit (2,762) (786) (5,495) (1,984)  
Net income (loss) 2,762 $ 64,525 5,495 $ 65,723  
Total assets          
Total assets 7,795,791   7,795,791   7,782,906
Consolidation, Eliminations [Member]          
Total assets          
Total assets $ (74,147,120)   $ (74,147,120)   $ (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 $1,248,352,401 and $1,332,121,374 as of June 30, 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 $338,676,065 and $370,876,249 as of June 30, 2025 and December 31, 2024, respectively. See Note 3 - Variable Interest Entities for further detail.