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Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2013
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:
Bond 
2013
 
2012
 
2011
 Total revenue
 
 
 
 
 
Mortgage Revenue Bond Financing
$
27,766,013

 
$
12,169,336

 
$
12,635,513

 MF Properties
11,358,719

 
7,846,813

 
5,066,443

 Public Housing Capital Fund Trusts
3,261,611

 
1,624,534

 
—

 Mortgage-Backed Securities
1,601,270

 
194,039

 
—

 Consolidated VIEs
13,938,850

 
4,805,746

 
10,043,284

 Consolidation/eliminations
(10,644,603
)
 
(1,520,817
)
 
(6,046,445
)
 Total revenue
$
47,281,860

 
$
25,119,651

 
$
21,698,795

 
 
 
 
 
 
 Interest expense
 
 
 
 
 
Bond Financing
$
3,327,231

 
$
3,510,182

 
$
4,463,926

 MF Properties
2,152,010

 
1,439,370

 
977,774

 Public Housing Capital Fund Trusts
1,292,540

 
542,479

 
—

 Mortgage-Backed Securities
463,555

 
38,964

 
—

 Consolidated VIEs
3,221,000

 
3,240,306

 
4,037,725

 Consolidation/eliminations
(3,221,000
)
 
(3,240,306
)
 
(4,037,725
)
 Total interest expense
$
7,235,336

 
$
5,530,995

 
$
5,441,700

 
 
 
 
 
 
 Depreciation expense
 
 
 
 
 
 Mortgage Revenue Bond Financing
$
—

 
$
—

 
$
—

 MF Properties
3,804,499

 
2,485,365

 
1,451,875

 Public Housing Capital Fund Trusts
—

 
—

 
—

 Mortgage-Backed Securities
—

 
—

 
—

 Consolidated VIEs
1,367,204

 
1,544,346

 
1,683,280

 Consolidation/eliminations
—

 
—

 
—

 Total depreciation expense
$
5,171,703

 
$
4,029,711

 
$
3,135,155

 
 
 
 
 
 
 Income (loss) from continuing operations
 
 
 
 
 
Bond Financing
$
14,491,581

 
$
4,136,126

 
$
(353,323
)
 MF Properties
(1,837,076
)
 
(1,065,819
)
 
(782,493
)
 Public Housing Capital Fund Trusts
1,940,459

 
1,067,749

 
—

 Mortgage-Backed Securities
1,055,736

 
148,552

 
—

 Consolidated VIEs
6,265,571

 
(3,285,896
)
 
682,243

 Consolidation/eliminations
(7,381,833
)
 
1,763,050

 
(1,971,782
)
 Income (loss) from continuing operations
$
14,534,438

 
$
2,763,762

 
$
(2,425,355
)
 
 
 
 
 
 
 Net income (loss)
 
 
 
 
 
Bond Financing
$
14,491,581

 
$
4,136,126

 
$
(353,323
)
 MF Properties
1,343,405

 
617,263

 
(601,060
)
 Public Housing Capital Fund Trusts
1,940,459

 
1,067,749

 
—

 Mortgage-Backed Securities
1,055,736

 
148,552

 
—

 Consolidated VIEs
6,265,571

 
(3,285,896
)
 
682,243

 Consolidation/eliminations
(7,381,833
)
 
1,763,050

 
(1,971,782
)
Net income (loss) - America First Multifamily Investors, L. P.
$
17,714,919

 
$
4,446,844

 
$
(2,243,922
)

 
2013
 
2012
 
2011
 Total assets
 
 
 
 
 
Mortgage Revenue Bond Investments
$
442,175,645

 
$
357,606,420

 
$
321,433,013

 MF Properties
83,580,479

 
51,379,479

 
43,926,832

 Public Housing Capital Fund Trusts
62,449,028

 
65,811,361

 
—

 Mortgage-Backed Securities
38,427,654

 
32,488,363

 
—

 Discontinued Operations
—

 
32,580,427

 
37,494,700

 Consolidated VIEs
14,019,837

 
30,207,191

 
24,315,353

 Consolidation/eliminations
(106,419,611
)
 
(156,922,486
)
 
(129,193,353
)
 Total assets
$
534,233,032

 
$
413,150,755

 
$
297,976,545

 
 
 
 
 
 
 Total partners' capital
 
 
 
 
 
Mortgage Revenue Bond Investments
$
231,042,138

 
$
221,665,286

 
$
179,285,257

 MF Properties
23,107,538

 
6,643,315

 
2,394,991

 Public Housing Capital Fund Trusts
13,336,761

 
16,720,915

 
—

 Mortgage-Backed Securities
4,397,356

 
7,334,399

 
—

 Consolidated VIEs
(21,511,776
)
 
(22,480,214
)
 
(24,872,428
)
 Consolidation/eliminations
(47,237,930
)
 
(47,966,509
)
 
(25,763,560
)
 Total partners' capital
$
203,134,087

 
$
181,917,192

 
$
131,044,260