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Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 15,029,188us-gaap_ProfitLoss $ 17,976,842us-gaap_ProfitLoss $ 4,996,038us-gaap_ProfitLoss
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:      
Depreciation and amortization expense 7,021,557atax_DepreciationDepletionAndAmortizationIncludingDiscontinuedOperations 6,742,439atax_DepreciationDepletionAndAmortizationIncludingDiscontinuedOperations 6,386,788atax_DepreciationDepletionAndAmortizationIncludingDiscontinuedOperations
Gain on mortgage revenue bonds - sale and redemption (3,701,772)atax_GainOnSaleAndRetirementOfBonds 0atax_GainOnSaleAndRetirementOfBonds (680,444)atax_GainOnSaleAndRetirementOfBonds
Provision for loss on receivables 0us-gaap_AssetImpairmentCharges 241,698us-gaap_AssetImpairmentCharges 452,700us-gaap_AssetImpairmentCharges
Provision for loss on receivables 75,000us-gaap_ProvisionForLoanAndLeaseLosses 168,000us-gaap_ProvisionForLoanAndLeaseLosses 0us-gaap_ProvisionForLoanAndLeaseLosses
Provision for loan loss 75,000us-gaap_ProvisionForDoubtfulAccounts 168,000us-gaap_ProvisionForDoubtfulAccounts 0us-gaap_ProvisionForDoubtfulAccounts
Non-cash loss (gain) on derivatives 1,282,369us-gaap_UnrealizedGainLossOnDerivatives 283,610us-gaap_UnrealizedGainLossOnDerivatives 944,541us-gaap_UnrealizedGainLossOnDerivatives
Bond discount accretion (181,208)atax_BondDiscountAmortization (332,003)atax_BondDiscountAmortization (399,824)atax_BondDiscountAmortization
Gain on the sale of discontinued operations 0us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax (3,177,183)us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax (1,406,608)us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
Contingent interest realized (40,000)atax_ContingentInterestIncome (6,497,160)atax_ContingentInterestIncome 0atax_ContingentInterestIncome
Mortgage Loans on Real Estate, Write-down or Reserve, Amt 0atax_MortgageLoansonRealEstateWritedownorReserveAmt 4,557,741atax_MortgageLoansonRealEstateWritedownorReserveAmt 0atax_MortgageLoansonRealEstateWritedownorReserveAmt
Changes in operating assets and liabilities, net of effect of acquisitions      
Increase in interest receivable (1,074,623)us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet (2,464,062)us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet (1,090,236)us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet
(Increase) decrease in other assets (24,276)us-gaap_IncreaseDecreaseInOtherOperatingAssets (2,257,600)us-gaap_IncreaseDecreaseInOtherOperatingAssets (1,506,445)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Increase (decrease) in accounts payable and accrued expenses (942,064)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (1,009,598)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (214,420)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Net cash provided (used) by operating activities 17,444,171us-gaap_NetCashProvidedByUsedInOperatingActivities 14,232,724us-gaap_NetCashProvidedByUsedInOperatingActivities 7,482,090us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:      
Capital expenditures (23,798,209)us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment (13,007,148)us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment (8,029,349)us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment
Acquisition of mortgage revenue bonds (142,794,827)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (148,624,000)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (28,561,857)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Proceeds from the mortgage revenue bonds and MBS - sale and redemptions 60,398,010us-gaap_ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale 21,935,343us-gaap_ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale 31,872,522us-gaap_ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
Proceeds from sale of discontinued operations 0us-gaap_ProceedsFromSaleOfPropertyHeldForSale 22,610,000us-gaap_ProceedsFromSaleOfPropertyHeldForSale 10,825,000us-gaap_ProceedsFromSaleOfPropertyHeldForSale
Investment in bonds due to the sale recognition of discontinued operations 0atax_PaymentstoAcquireAvailableforsaleSecuritiesOhioPropertiesandGreens (27,778,000)atax_PaymentstoAcquireAvailableforsaleSecuritiesOhioPropertiesandGreens 0atax_PaymentstoAcquireAvailableforsaleSecuritiesOhioPropertiesandGreens
Acquisition of partnerships, net of cash acquired 0us-gaap_ProceedsFromCollectionOfNotesReceivable 4,064,089us-gaap_ProceedsFromCollectionOfNotesReceivable 0us-gaap_ProceedsFromCollectionOfNotesReceivable
Principal payments received on taxable loans 145,000us-gaap_ProceedsFromNotesPayable 0us-gaap_ProceedsFromNotesPayable 160,000us-gaap_ProceedsFromNotesPayable
Change in restricted cash - Greens sale 0atax_RestrictedCashDebtCollateralGreensOfPineGlen 2,546,363atax_RestrictedCashDebtCollateralGreensOfPineGlen (2,459,187)atax_RestrictedCashDebtCollateralGreensOfPineGlen
Acquisition of mortgage-backed securities 0us-gaap_PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale (12,629,888)us-gaap_PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale (37,573,386)us-gaap_PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
Acquisition of taxable bonds 0us-gaap_PaymentsToAcquireOtherInvestments (2,918,000)us-gaap_PaymentsToAcquireOtherInvestments 0us-gaap_PaymentsToAcquireOtherInvestments
Decrease (increase) in restricted cash (475,208)us-gaap_IncreaseDecreaseInRestrictedCash 94,423us-gaap_IncreaseDecreaseInRestrictedCash (70,320)us-gaap_IncreaseDecreaseInRestrictedCash
Restricted cash - debt collateral released (paid) 1,699,973atax_RestrictedCashDebtCollateral (3,992,848)atax_RestrictedCashDebtCollateral 7,247,341atax_RestrictedCashDebtCollateral
Restricted cash - 2014 TEBS financing facility (6,252,027)us-gaap_IncreaseDecreaseInRestrictedCashAndInvestments 0us-gaap_IncreaseDecreaseInRestrictedCashAndInvestments 0us-gaap_IncreaseDecreaseInRestrictedCashAndInvestments
Acquisition of partnerships, net of cash acquired 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (5,500,000)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Acquisition of public housing capital fund trust certificates 0atax_PaymentsToAcquireAvailableForSaleSecuritiesPublicHousingAuthority 0atax_PaymentsToAcquireAvailableForSaleSecuritiesPublicHousingAuthority (65,985,913)atax_PaymentsToAcquireAvailableForSaleSecuritiesPublicHousingAuthority
Purchase of rate derivative (1,382,900)us-gaap_PaymentsForDerivativeInstrumentInvestingActivities (793,000)us-gaap_PaymentsForDerivativeInstrumentInvestingActivities 0us-gaap_PaymentsForDerivativeInstrumentInvestingActivities
Net increase in notes receivable 641,588us-gaap_IncreaseDecreaseInAccountsAndNotesReceivable 1,603,083us-gaap_IncreaseDecreaseInAccountsAndNotesReceivable 191,264us-gaap_IncreaseDecreaseInAccountsAndNotesReceivable
Land purchasd - held for sale 0us-gaap_PaymentsToAcquireLandHeldForUse (1,090,000)us-gaap_PaymentsToAcquireLandHeldForUse 0us-gaap_PaymentsToAcquireLandHeldForUse
Principal payments received on mortgage revenue bonds 7,214,136us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 2,764,286us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 970,298us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
Net cash used by investing activities (105,887,640)us-gaap_NetCashProvidedByUsedInInvestingActivities (158,421,463)us-gaap_NetCashProvidedByUsedInInvestingActivities (97,296,115)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:      
Distributions paid (30,168,167)atax_PaymentOfDistributionsToPartners (22,238,937)atax_PaymentOfDistributionsToPartners (18,987,693)atax_PaymentOfDistributionsToPartners
Proceeds from Issuance of Common Stock 54,740,000atax_ProceedsfromIssuanceofCommonStockGross 51,750,000atax_ProceedsfromIssuanceofCommonStockGross 64,009,000atax_ProceedsfromIssuanceofCommonStockGross
Payment of offering costs related to the sale of beneficial unit certificates (3,451,301)us-gaap_PaymentsOfStockIssuanceCosts (3,536,397)us-gaap_PaymentsOfStockIssuanceCosts (4,005,137)us-gaap_PaymentsOfStockIssuanceCosts
Proceeds from debt financing 186,815,000us-gaap_ProceedsFromIssuanceOfLongTermDebt 81,490,000us-gaap_ProceedsFromIssuanceOfLongTermDebt 74,110,000us-gaap_ProceedsFromIssuanceOfLongTermDebt
Principal borrowings on mortgages payable 22,622,552us-gaap_ProceedsFromIssuanceOfDebt 20,697,452us-gaap_ProceedsFromIssuanceOfDebt 3,769,014us-gaap_ProceedsFromIssuanceOfDebt
Principal borrowing on line of credit 0us-gaap_ProceedsFromLinesOfCredit 16,065,900us-gaap_ProceedsFromLinesOfCredit 0us-gaap_ProceedsFromLinesOfCredit
Principal payments on line of credit 0us-gaap_RepaymentsOfLinesOfCredit (16,065,900)us-gaap_RepaymentsOfLinesOfCredit 0us-gaap_RepaymentsOfLinesOfCredit
Principal payments on debt financing (98,730,000)us-gaap_RepaymentsOfLongTermDebt (2,164,000)us-gaap_RepaymentsOfLongTermDebt (8,835,000)us-gaap_RepaymentsOfLongTermDebt
Principal payments on mortgages payable (3,056,763)us-gaap_RepaymentsOfDebt (372,856)us-gaap_RepaymentsOfDebt (10,893,390)us-gaap_RepaymentsOfDebt
Decrease in liabilities related to restricted cash 475,208us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (94,423)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 70,320us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Debt financing costs (2,927,732)us-gaap_PaymentsOfFinancingCosts (355,585)us-gaap_PaymentsOfFinancingCosts (264,763)us-gaap_PaymentsOfFinancingCosts
Sale of LP Interests 0us-gaap_ProceedsFromMinorityShareholders 0us-gaap_ProceedsFromMinorityShareholders 959,761us-gaap_ProceedsFromMinorityShareholders
Net cash provided by financing activities 126,318,797us-gaap_NetCashProvidedByUsedInFinancingActivities 125,175,254us-gaap_NetCashProvidedByUsedInFinancingActivities 99,932,112us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase (decrease) in cash and cash equivalents 37,875,328us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (19,013,485)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 10,118,087us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period, including cash and cash equivalents of discontinued operations of $126,572, $65,527, and $198,528, respectively 11,318,015us-gaap_CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations 30,331,500us-gaap_CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations  
Cash and cash equivalents at end of period 49,193,343us-gaap_CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations 11,318,015us-gaap_CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations 30,331,500us-gaap_CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
Supplemental Cash Flow Information:      
Cash paid during the period for interest 9,112,063us-gaap_InterestPaid 6,621,251us-gaap_InterestPaid 4,437,961us-gaap_InterestPaid
Distributions declared but not paid 7,617,390us-gaap_IncreaseDecreaseInAccruedLiabilities 6,446,077us-gaap_IncreaseDecreaseInAccruedLiabilities 5,566,908us-gaap_IncreaseDecreaseInAccruedLiabilities
Supplemental disclosure of non cash activities:      
Capital expenditures financed through accounts and notes payables 137,759us-gaap_CapitalExpendituresIncurredButNotYetPaid 1,758,297us-gaap_CapitalExpendituresIncurredButNotYetPaid 2,584,417us-gaap_CapitalExpendituresIncurredButNotYetPaid
Restricted cash released to pay down mortgages payable 0us-gaap_NotesReduction 2,356,640us-gaap_NotesReduction 0us-gaap_NotesReduction
Foreclosure of Woodland Park bond 0atax_ForeclosureofAvailableforSaleSecuritiesWoodlandPark (15,662,000)atax_ForeclosureofAvailableforSaleSecuritiesWoodlandPark 0atax_ForeclosureofAvailableforSaleSecuritiesWoodlandPark
Deconsolidation of the discontinued operations - noncontrolling interest 0us-gaap_NoncontrollingInterestDecreaseFromDeconsolidation 2,326,984us-gaap_NoncontrollingInterestDecreaseFromDeconsolidation 0us-gaap_NoncontrollingInterestDecreaseFromDeconsolidation
Recognition of taxable property loans receivable - discontinued operations 0atax_RecognitionofPropertyLoansReceivableDiscontinuedOperations (2,086,236)atax_RecognitionofPropertyLoansReceivableDiscontinuedOperations 0atax_RecognitionofPropertyLoansReceivableDiscontinuedOperations
Cash received for sale of MF Properties eliminated in consolidation 0atax_CashReceivedForSaleOfMfPropertiesEliminatedInConsolidation 0atax_CashReceivedForSaleOfMfPropertiesEliminatedInConsolidation 7,265,000atax_CashReceivedForSaleOfMfPropertiesEliminatedInConsolidation
Cash paid for purchase of tax exempt mortgage revenue bond eliminated in consolidation 0atax_Cashpaidforpurchaseofmortgagerevenuebondeliminatedinconsolidation 0atax_Cashpaidforpurchaseofmortgagerevenuebondeliminatedinconsolidation (9,465,000)atax_Cashpaidforpurchaseofmortgagerevenuebondeliminatedinconsolidation
Cash paid for taxable loan eliminated in consolidation $ 0atax_CashPaidForTaxableLoanEliminatedInConsolidation $ 0atax_CashPaidForTaxableLoanEliminatedInConsolidation $ (850,000)atax_CashPaidForTaxableLoanEliminatedInConsolidation