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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 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 years ended December 31:
 
2012
 
2011
 
2010
 Total revenue
 
 
 
 
 
 Tax-Exempt Bond Financing
$
12,169,336

 
$
12,635,513

 
$
11,147,091

 MF Properties
7,846,813

 
5,066,443

 
1,619,229

 Public Housing Capital Fund Trusts
1,624,534

 

 

 Mortgage-Backed Securities
194,039

 

 

 Consolidated VIEs
4,805,746

 
10,043,284

 
7,487,438

 Consolidation/eliminations
(1,520,817
)
 
(6,046,445
)
 
(3,374,760
)
 Total revenue
$
25,119,651

 
$
21,698,795

 
$
16,878,998

 
 
 
 
 
 
 Interest expense
 
 
 
 
 
 Tax-Exempt Bond Financing
$
3,510,182

 
$
4,463,926

 
$
1,755,427

 MF Properties
1,439,370

 
977,774

 
132,396

 Public Housing Capital Fund Trusts
542,479

 

 

 Mortgage-Backed Securities
38,964

 

 

 Consolidated VIEs
3,240,306

 
4,037,725

 
5,546,229

 Consolidation/eliminations
(3,240,306
)
 
(4,037,725
)
 
(5,546,229
)
 Total interest expense
$
5,530,995

 
$
5,441,700

 
$
1,887,823

 
 
 
 
 
 
 Depreciation expense
 
 
 
 
 
 Tax-Exempt Bond Financing
$

 
$

 
$

 MF Properties
2,485,365

 
1,451,875

 
501,053

 Public Housing Capital Fund Trusts

 

 

 Mortgage-Backed Securities

 

 

 Consolidated VIEs
1,544,346

 
1,683,280

 
2,226,339

 Consolidation/eliminations

 

 

 Total depreciation expense
$
4,029,711

 
$
3,135,155

 
$
2,727,392

 
 
 
 
 
 
 Income (loss) from continuing operations
 
 
 
 
 
 Tax-Exempt Bond Financing
$
4,136,126

 
$
(353,323
)
 
$
2,384,926

 MF Properties
(1,065,819
)
 
(782,493
)
 
(53,339
)
 Public Housing Capital Fund Trusts
1,067,749

 

 

 Mortgage-Backed Securities
148,552

 

 

 Consolidated VIEs
(3,285,896
)
 
682,243

 
(8,230,629
)
 Consolidation/eliminations
1,763,050

 
(1,971,782
)
 
5,764,369

 Income (loss) from continuing operations
$
2,763,762

 
$
(2,425,355
)
 
$
(134,673
)
 
 
 
 
 
 
 Net income (loss)
 
 
 
 
 
 Tax-Exempt Bond Financing
$
4,136,126

 
$
(353,323
)
 
$
2,384,926

 MF Properties
617,263

 
(601,060
)
 
(319,026
)
 Public Housing Capital Fund Trusts
1,067,749

 

 

 Mortgage-Backed Securities
148,552

 

 

 Consolidated VIEs
(3,285,896
)
 
682,243

 
(8,230,629
)
 Consolidation/eliminations
1,763,050

 
(1,971,782
)
 
5,764,369

Net income (loss) - America First Tax Exempt Investors, L. P.
$
4,446,844

 
$
(2,243,922
)
 
$
(400,360
)

 
2012
 
2011
 
2010
 Total assets
 
 
 
 
 
 Tax-Exempt Bond Investments
$
357,606,420

 
$
321,433,013

 
$
316,922,744

 MF Properties
51,379,479

 
43,926,832

 
10,264,644

 Public Housing Capital Fund Trusts
65,811,361

 

 

 Mortgage-Backed Securities
32,488,363

 

 

 Discontinued Operations
32,580,427

 
37,494,700

 
33,714,886

 Consolidated VIEs
30,207,191

 
24,315,353

 
47,504,227

 Consolidation/eliminations
(156,922,486
)
 
(129,193,353
)
 
(166,799,252
)
 Total assets
$
413,150,755

 
$
297,976,545

 
$
241,607,249

 
 
 
 
 
 
 Total partners' capital
 
 
 
 
 
 Tax-Exempt Bond Investments
$
221,665,286

 
$
179,285,257

 
$
192,682,394

 MF Properties
6,643,315

 
2,394,991

 
(3,882,221
)
 Public Housing Capital Fund Trusts
16,720,915

 

 

 Mortgage-Backed Securities
7,334,399

 

 

 Consolidated VIEs
(22,480,214
)
 
(24,872,428
)
 
(41,635,836
)
 Consolidation/eliminations
(47,966,509
)
 
(25,763,560
)
 
(19,001,446
)
 Total partners' capital
$
181,917,192

 
$
131,044,260

 
$
128,162,891