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Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2012
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following table details certain key financial information for the Company’s reportable segments for the three and six months ended June 30, 2012 and June 30, 2011 and as of December 31, 2011:
 
 
 For the Three Months Ended
 
 For the Six Months Ended
 
 
June 30, 2012
 
June 30, 2011
 
June 30, 2012
 
June 30, 2011
 Total revenues
 
 
 
 
 
 
 
 
 Tax-Exempt Bond Investments
 
$
3,380,596

 
$
3,124,811

 
$
6,173,018

 
$
6,175,858

 MF Properties
 
2,946,188

 
2,370,540

 
5,990,208

 
4,049,855

 Consolidated VIEs
 
1,199,745

 
2,377,204

 
2,394,654

 
7,680,280

 Consolidation/eliminations
 
(380,702
)
 
(1,284,666
)
 
(762,375
)
 
(5,280,277
)
 Total revenues
 
$
7,145,827

 
$
6,587,889

 
$
13,795,505

 
$
12,625,716

 
 
 
 
 
 
 
 
 
 Interest expense
 
 
 
 
 
 
 
 
 Tax-Exempt Bond Investments
 
$
1,057,792

 
$
1,349,496

 
$
1,965,313

 
$
2,097,826

 MF Properties
 
488,896

 
281,031

 
899,910

 
306,435

 Consolidated VIEs
 
803,693

 
1,130,108

 
1,602,835

 
2,454,406

 Consolidation/eliminations
 
$
(803,693
)
 
$
(1,130,108
)
 
(1,602,835
)
 
(2,454,406
)
 Total interest expense
 
1,546,688

 
1,630,527

 
2,865,223

 
2,404,261

 
 
 
 
 
 
 
 
 
 Depreciation expense
 
 
 
 
 
 
 
 
 Tax-Exempt Bond Investments
 
$
—

 
$
—

 
$
—

 
$
—

 MF Properties
 
990,069

 
682,268

 
1,888,005

 
1,134,108

 Consolidated VIEs
 
$
349,169

 
$
464,424

 
696,641

 
997,899

 Consolidation/eliminations
 
—

 
—

 
—

 
—

 Total depreciation expense
 
1,339,238

 
1,146,692

 
2,584,646

 
2,132,007

 
 
 
 
 
 
 
 
 
 Income (loss) from continuing operations
 
 
 
 
 
 
 
 
 Tax-Exempt Bond Investments
 
$
896,430

 
$
282,449

 
$
1,749,431

 
$
1,796,292

 MF Properties
 
(299,268
)
 
13,282

 
(188,860
)
 
136,799

 Consolidated VIEs
 
(692,904
)
 
(267,577
)
 
(1,361,164
)
 
2,110,351

 Consolidation/eliminations
 
433,895

 
(149,345
)
 
862,296

 
(2,807,402
)
Net income (loss) from continuing operations
 
338,153

 
(121,191
)
 
1,061,703

 
1,236,040

 
 
 
 
 
 
 
 
 
 Net income (loss)
 
 
 
 
 
 
 
 
 Tax-Exempt Bond Investments
 
$
896,430

 
$
261,345

 
$
1,749,431

 
$
1,796,292

 MF Properties
 
(331,373
)
 
(87,671
)
 
(314,083
)
 
(153,315
)
 Consolidated VIEs
 
(692,904
)
 
(267,577
)
 
(1,361,164
)
 
2,110,351

 Consolidation/eliminations
 
433,895

 
(149,345
)
 
862,296

 
(2,807,402
)
Net income (loss) - America First Tax Exempt Investors, L. P.
 
$
306,048

 
$
(243,248
)
 
$
936,480

 
$
945,926

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2012
 
December 31, 2011
 Total assets
 
 
 
 
 
 
 
 
 Tax-Exempt Bond Investments
 
 
 
 
 
$
369,314,798

 
$
321,433,014

 MF Properties
 
 
 
 
 
82,247,442

 
81,421,531

 Consolidated VIEs
 
 
 
 
 
23,814,268

 
24,315,353

 Consolidation/eliminations
 
 
 
 
 
(122,229,824
)
 
(129,193,353
)
 Total assets
 
 
 
 
 
$
353,146,684

 
$
297,976,545

 
 
 
 
 
 
 
 
 
 Total partners' capital
 
 
 
 
 
 
 
 
 Tax-Exempt Bond Investments
 
 
 
 
 
$
231,866,117

 
$
179,285,257

 MF Properties
 
 
 
 
 
2,373,086

 
2,279,639

 Consolidated VIEs
 
 
 
 
 
(26,233,590
)
 
(24,872,428
)
 Consolidation/eliminations
 
 
 
 
 
(18,520,475
)
 
(25,648,208
)
 Total partners' capital
 
 
 
 
 
$
189,485,138

 
$
131,044,260