Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2015

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 months ended March 31, 2015 and 2014:

	For the Three Months Ended,
	March 31, 2015			March 31, 2014
Total revenues
Mortgage Revenue Bond Investments	$	7,549,171		$	8,260,913
MF Properties	4,302,301			3,150,344
Public Housing Capital Fund Trust Certificates	732,903			800,828
Mortgage-Backed Securities	152,860			421,160
Consolidated VIEs	804,068			800,872
Consolidation/eliminations	(230,610		)	(233,277		)
Total revenues	$	13,310,693		$	13,200,840
Interest expense
Mortgage Revenue Bond Investments	$	2,947,100		$	1,149,922
MF Properties	712,899			563,340
Public Housing Capital Fund Trust Certificates	296,460			337,557
Mortgage-Backed Securities	37,697			118,730
Consolidated VIEs	569,934			557,884
Consolidation/eliminations	(574,969		)	(557,884		)
Total interest expense	$	3,989,121		$	2,169,549
Depreciation expense
Mortgage Revenue Bond Investments	$	—		$	—
MF Properties	1,454,179			1,019,366
Public Housing Capital Fund Trust Certificates	—			—
Mortgage-Backed Securities	—			—
Consolidated VIEs	239,120			232,781
Consolidation/eliminations	—			—
Total depreciation expense	$	1,693,299		$	1,252,147
Net income (loss)
Mortgage Revenue Bond Investments	$	2,520,116		$	5,628,100
MF Properties	(393,641		)	(224,508		)
Public Housing Capital Fund Trust Certificates	429,148			456,118
Mortgage-Backed Securities	115,022			299,890
Consolidated VIEs	(497,170		)	(444,098		)
Consolidation/eliminations	351,004			331,327
Net income - America First Multifamily Investors, L. P.	$	2,524,479		$	6,046,829

The following table details certain key financial information for the Company’s reportable segments as of March 31, 2015 and December 31, 2014:

	March 31, 2015			December 31, 2014
Total assets
Mortgage Revenue Bond Investments	$	723,613,539		$	698,637,412
MF Properties	111,632,020			101,696,234
Public Housing Capital Fund Trusts	60,664,767			61,577,848
Mortgage-Backed Securities	15,104,963			15,101,309
Consolidated VIEs	13,169,000			13,456,861
Consolidation/eliminations	(151,451,921		)	(146,230,447		)
Total assets	$	772,732,368		$	744,239,217
Total partners’ capital
Mortgage Revenue Bond Investments	$	344,804,295		$	355,480,225
MF Properties	(6,379,698		)	18,600,449
Public Housing Capital Fund Trusts	15,890,718			16,803,457
Mortgage-Backed Securities	3,105,324			3,095,526
Consolidated VIEs	(23,996,786		)	(23,499,616		)
Consolidation/eliminations	(30,196,628		)	(60,536,142		)
Total partners’ capital	$	303,227,225		$	309,943,899