Condensed Consolidated Balance Sheets (USD $)	Jun. 30, 2012	Dec. 31, 2011
Assets [Abstract]
Cash and cash equivalents	$ 81,790,870	$ 20,201,573
Restricted cash	6,419,577	13,852,753
Interest receivable	7,083,519	6,984,978
Tax-exempt mortgage revenue bonds held in trust, at fair value	98,707,622	109,152,787
Tax-exempt mortgage revenue bonds, at fair value	38,138,997	26,542,565
Real estate assets:
Land	13,802,148	12,430,434
Buildings and improvements	114,355,138	111,653,203
Real estate assets before accumulated depreciation	128,157,286	124,083,637
Accumulated depreciation	(22,402,643)	(19,817,998)
Net real estate assets	105,754,643	104,265,639
Other assets	8,552,585	10,211,388
Assets of discontinued operations	6,698,871	6,764,862
Total assets	353,146,684	297,976,545
Liabilities [Abstract]
Accounts payable, accrued expenses and other liabilities	3,596,921	3,491,642
Distribution payable	5,562,518	3,911,340
Debt financing	104,328,000	112,673,000
Mortgages payable	43,231,990	40,092,455
Liabilities of discontinued operations	6,131,925	6,219,063
Total Liabilities	162,851,354	166,387,500
Commitments and Contingencies
Partners' Capital
General Partner	(364,091)	(354,006)
Beneficial Unit Certificate holders	213,861,059	154,911,228
Unallocated deficit of Consolidated VIEs	(24,011,830)	(23,512,962)
Total Partners' Capital	189,485,138	131,044,260
Noncontrolling interest	810,192	544,785
Total Capital	190,295,330	131,589,045
Total Liabilities and Partners' Capital	$ 353,146,684	$ 297,976,545

This element represents the portion of the balance sheet assertion valued at fair value by the entity, which is held in trust, whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may by ued in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all sescuritized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale.

No definition available.