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Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2014
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:
 
2014
 
2013
 
2012
 Total revenues
 
 
 
 
 
 Mortgage Revenue Bond Investments
$
27,858,725

 
$
27,766,013

 
$
12,169,336

 MF Properties
14,250,572

 
11,358,719

 
7,846,813

 Public Housing Capital Fund Trust Certificates
3,038,819

 
3,261,611

 
1,624,534

 Mortgage-Backed Securities
1,423,958

 
1,601,270

 
194,039

 Consolidated VIEs
3,180,680

 
13,938,850

 
4,805,746

 Consolidation/eliminations
(929,279
)
 
(10,644,603
)
 
(1,520,817
)
 Total revenues
$
48,823,475

 
$
47,281,860

 
$
25,119,651

 
 
 
 
 
 
 Interest expense
 
 
 
 
 
 Mortgage Revenue Bond Investments
$
7,379,830

 
$
3,327,231

 
$
3,510,182

 MF Properties
2,319,928

 
2,152,010

 
1,439,370

 Public Housing Capital Fund Trust Certificates
1,295,238

 
1,292,540

 
542,479

 Mortgage-Backed Securities
403,653

 
463,555

 
38,964

 Consolidated VIEs
2,254,786

 
3,221,000

 
3,240,306

 Consolidation/eliminations
(2,254,786
)
 
(3,221,000
)
 
(3,240,306
)
 Total interest expense
$
11,398,649

 
$
7,235,336

 
$
5,530,995

 
 
 
 
 
 
 Depreciation expense
 
 
 
 
 
 Mortgage Revenue Bond Investments
$
—

 
$
—

 
$
—

 MF Properties
4,801,533

 
3,804,499

 
2,485,365

 Public Housing Capital Fund Trust Certificates
—

 
—

 
—

 Mortgage-Backed Securities
—

 
—

 
—

 Consolidated VIEs
940,057

 
1,367,204

 
1,544,346

 Consolidation/eliminations
—

 
—

 
—

 Total depreciation expense
$
5,741,590

 
$
5,171,703

 
$
4,029,711

 
 
 
 
 
 
 Income (loss) from continuing operations
 
 
 
 
 
 Mortgage Revenue Bond Investments
$
13,870,294

 
$
14,491,581

 
$
4,136,126

 MF Properties
(938,151
)
 
(1,837,076
)
 
(1,065,819
)
 Public Housing Capital Fund Trust Certificates
1,714,968

 
1,940,459

 
1,067,749

 Mortgage-Backed Securities
1,017,637

 
1,055,736

 
148,552

 Consolidated VIEs
(1,987,839
)
 
6,265,571

 
(3,285,896
)
 Consolidation/eliminations
1,352,279

 
(7,381,833
)
 
1,763,050

Net income - America First Multifamily Investors, L. P.
$
15,029,188

 
$
14,534,438

 
$
2,763,762

 
 
 
 
 
 
 Net income (loss)
 
 
 
 
 
 Mortgage Revenue Bond Investments
$
13,870,294

 
$
14,491,581

 
$
4,136,126

 MF Properties
(933,478
)
 
1,343,405

 
617,263

 Public Housing Capital Fund Trust Certificates
1,714,968

 
1,940,459

 
1,067,749

 Mortgage-Backed Securities
1,017,637

 
1,055,736

 
148,552

 Consolidated VIEs
(1,987,839
)
 
6,265,571

 
(3,285,896
)
 Consolidation/eliminations
1,352,279

 
(7,381,833
)
 
1,763,050

Net income - America First Multifamily Investors, L. P.
$
15,033,861

 
$
17,714,919

 
$
4,446,844


 
2014
 
2013
 
2012
 Total assets
 
 
 
 
 
 Mortgage Revenue Bond Investments
$
698,637,412

 
$
442,175,645

 
$
357,606,420

 MF Properties
101,696,234

 
83,580,479

 
51,379,479

 Public Housing Capital Fund Trust Certificates
61,577,848

 
62,449,028

 
65,811,361

 Mortgage-Backed Securities
15,101,309

 
38,427,654

 
32,488,363

Discontinued Operations
—

 
—

 
32,580,427

 Consolidated VIEs
13,456,861

 
14,019,837

 
30,207,191

 Consolidation/eliminations
(146,230,447
)
 
(106,419,611
)
 
(156,922,486
)
 Total assets
$
744,239,217

 
$
534,233,032

 
$
413,150,755

 
 
 
 
 
 
 Total partners' capital
 
 
 
 
 
 Mortgage Revenue Bond Investments
$
355,480,225

 
$
231,042,138

 
$
221,665,286

 MF Properties
18,600,449

 
23,107,538

 
6,643,315

 Public Housing Capital Fund Trust Certificates
16,803,457

 
13,336,761

 
16,720,915

 Mortgage-Backed Securities
3,095,526

 
4,397,356

 
7,334,399

 Consolidated VIEs
(23,499,616
)
 
(21,511,776
)
 
(22,480,214
)
 Consolidation/eliminations
(60,536,142
)
 
(47,237,930
)
 
(47,966,509
)
 Total partners' capital
$
309,943,899

 
$
203,134,087

 
$
181,917,192