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Fair Value Measurements Available for sale securities (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring/Nonrecurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Assets, Fair Value Disclosure     $ 535,793,465    
Total gains (lossses) (realized/unrealized) [Abstract]          
Gain on sale and retirement of bonds $ 0 $ 0 0 $ 3,684,898  
Assets, Fair Value Disclosure 609,270,389   609,270,389    
Mortgage revenue bonds [Member]          
Fair Value, Assets and Liabilities Measured on Recurring/Nonrecurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Assets, Fair Value Disclosure     449,024,137    
Total gains (lossses) (realized/unrealized) [Abstract]          
Assets, Fair Value Disclosure 527,445,542   527,445,542    
Bond Purchase Commitment [Member]          
Fair Value, Assets and Liabilities Measured on Recurring/Nonrecurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Assets, Fair Value Disclosure     5,780,413    
Total gains (lossses) (realized/unrealized) [Abstract]          
Assets, Fair Value Disclosure 3,335,926   3,335,926    
Public housing capital fund trusts [Member]          
Fair Value, Assets and Liabilities Measured on Recurring/Nonrecurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Assets, Fair Value Disclosure     61,263,123    
Total gains (lossses) (realized/unrealized) [Abstract]          
Assets, Fair Value Disclosure 59,876,842   59,876,842    
Trust Portfolio--MBS Bonds [Member]          
Fair Value, Assets and Liabilities Measured on Recurring/Nonrecurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Assets, Fair Value Disclosure     14,841,558    
Total gains (lossses) (realized/unrealized) [Abstract]          
Assets, Fair Value Disclosure 14,681,587   14,681,587    
Taxable Bonds [Member]          
Fair Value, Assets and Liabilities Measured on Recurring/Nonrecurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Assets, Fair Value Disclosure     4,616,565    
Total gains (lossses) (realized/unrealized) [Abstract]          
Assets, Fair Value Disclosure 5,056,428   5,056,428    
Derivative Financial Instruments, Assets [Member]          
Fair Value, Assets and Liabilities Measured on Recurring/Nonrecurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Assets, Fair Value Disclosure     267,669    
Total gains (lossses) (realized/unrealized) [Abstract]          
Assets, Fair Value Disclosure (1,125,936)   (1,125,936)    
Fair Value, Inputs, Level 1 [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Equity Method Investment, Quoted Market Value 0   0   $ 0
Fair Value, Inputs, Level 1 [Member] | Mortgage revenue bonds [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Equity Method Investment, Quoted Market Value 0   0   0
Fair Value, Inputs, Level 1 [Member] | Bond Purchase Commitment [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Equity Method Investment, Quoted Market Value 0   0   0
Fair Value, Inputs, Level 1 [Member] | Public housing capital fund trusts [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Equity Method Investment, Quoted Market Value 0   0   0
Fair Value, Inputs, Level 1 [Member] | Trust Portfolio--MBS Bonds [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Equity Method Investment, Quoted Market Value 0   0   0
Fair Value, Inputs, Level 1 [Member] | Taxable Bonds [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Equity Method Investment, Quoted Market Value 0   0   0
Fair Value, Inputs, Level 1 [Member] | Derivative Financial Instruments, Assets [Member]          
Schedule of Available-for-sale Securities [Line Items]          
Equity Method Investment, Quoted Market Value 0   0   0
Fair Value, Inputs, Level 2 [Member]          
Total gains (lossses) (realized/unrealized) [Abstract]          
Fair Value Observable inputs (level 2) 14,681,587   14,681,587   14,841,558
Fair Value, Inputs, Level 2 [Member] | Mortgage revenue bonds [Member]          
Total gains (lossses) (realized/unrealized) [Abstract]          
Fair Value Observable inputs (level 2) 0   0   0
Fair Value, Inputs, Level 2 [Member] | Bond Purchase Commitment [Member]          
Total gains (lossses) (realized/unrealized) [Abstract]          
Fair Value Observable inputs (level 2) 0   0   0
Fair Value, Inputs, Level 2 [Member] | Public housing capital fund trusts [Member]          
Total gains (lossses) (realized/unrealized) [Abstract]          
Fair Value Observable inputs (level 2) 0   0   0
Fair Value, Inputs, Level 2 [Member] | Trust Portfolio--MBS Bonds [Member]          
Total gains (lossses) (realized/unrealized) [Abstract]          
Fair Value Observable inputs (level 2) 14,681,587   14,681,587   14,841,558
Fair Value, Inputs, Level 2 [Member] | Taxable Bonds [Member]          
Total gains (lossses) (realized/unrealized) [Abstract]          
Fair Value Observable inputs (level 2) 0   0   0
Fair Value, Inputs, Level 2 [Member] | Derivative Financial Instruments, Assets [Member]          
Total gains (lossses) (realized/unrealized) [Abstract]          
Fair Value Observable inputs (level 2) 0   0   0
Fair Value, Inputs, Level 3 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring/Nonrecurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Assets, Fair Value Disclosure 613,079,147 426,684,885 520,951,907 347,486,446  
Total gains (lossses) (realized/unrealized) [Abstract]          
Gain (Loss) on Investments (1,254,563) (153,810) (1,955,693) (763,718)  
Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Income (Loss), before Tax, Including Portion Attributable to Noncontrolling Interest, Available-for-sale Securities 22,919,296 19,957,822 (61,576) 55,343,528  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 6,320,000 31,115,700 138,305,000 107,770,827  
Mortgage Revenue Bond Exchanged for MF Property (40,950,000)   (40,950,000)    
Refund of Interest Rate Derivative Cost     (10,500)    
Gain on sale and retirement of bonds   991,400   (30,464,798)  
Deriviative at purchase price 572,588   572,588 1,382,900  
Assets, Fair Value Disclosure 594,588,802 474,346,921 594,588,802 474,346,921  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (6,097,666) (4,249,076) (22,262,924) (6,408,264)  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 594,588,802   594,588,802   520,951,907
Fair Value, Inputs, Level 3 [Member] | Mortgage revenue bonds [Member]          
Fair Value, Assets and Liabilities Measured on Recurring/Nonrecurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Assets, Fair Value Disclosure 548,935,985 356,313,065 449,024,137 285,318,171  
Total gains (lossses) (realized/unrealized) [Abstract]          
Gain (Loss) on Investments 0 0 0 0  
Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Income (Loss), before Tax, Including Portion Attributable to Noncontrolling Interest, Available-for-sale Securities 19,222,410 17,464,986 2,752,871 42,498,644  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 6,320,000 31,115,700 137,805,000 107,770,827  
Mortgage Revenue Bond Exchanged for MF Property (40,950,000)   (40,950,000)    
Refund of Interest Rate Derivative Cost     0    
Gain on sale and retirement of bonds   0   (30,464,798)  
Deriviative at purchase price 0   0 0  
Assets, Fair Value Disclosure 527,445,542 404,789,122 527,445,542 404,789,122  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (6,082,853) (104,629) (21,186,466) (333,722)  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 527,445,542   527,445,542   449,024,137
Fair Value, Inputs, Level 3 [Member] | Bond Purchase Commitment [Member]          
Fair Value, Assets and Liabilities Measured on Recurring/Nonrecurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Assets, Fair Value Disclosure 883,999 334,367 5,780,413 (4,852,177)  
Total gains (lossses) (realized/unrealized) [Abstract]          
Gain (Loss) on Investments 0 0 0 0  
Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Income (Loss), before Tax, Including Portion Attributable to Noncontrolling Interest, Available-for-sale Securities 2,451,927 2,634,574 (2,444,487) 7,821,118  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases $ 0 0 0 0  
Mortgage Revenue Bond Exchanged for MF Property   0    
Refund of Interest Rate Derivative Cost     0    
Gain on sale and retirement of bonds   0   0  
Deriviative at purchase price $ 0   0 0  
Assets, Fair Value Disclosure 3,335,926 2,968,941 3,335,926 2,968,941  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements 0 0 0 0  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 3,335,926   3,335,926   5,780,413
Fair Value, Inputs, Level 3 [Member] | Public housing capital fund trusts [Member]          
Fair Value, Assets and Liabilities Measured on Recurring/Nonrecurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Assets, Fair Value Disclosure 58,991,437 64,997,718 61,263,123 62,056,379  
Total gains (lossses) (realized/unrealized) [Abstract]          
Gain (Loss) on Investments 0 0 0 0  
Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Income (Loss), before Tax, Including Portion Attributable to Noncontrolling Interest, Available-for-sale Securities 899,057 (316,185) (381,802) 4,480,249  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases $ 0 0 0 0  
Mortgage Revenue Bond Exchanged for MF Property   0    
Refund of Interest Rate Derivative Cost     0    
Gain on sale and retirement of bonds   0   0  
Deriviative at purchase price $ 0   0 0  
Assets, Fair Value Disclosure 59,876,842 60,537,086 59,876,842 60,537,086  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (13,652) (4,144,447) (1,004,479) (5,999,542)  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 59,876,842   59,876,842   61,263,123
Fair Value, Inputs, Level 3 [Member] | Trust Portfolio--MBS Bonds [Member]          
Total gains (lossses) (realized/unrealized) [Abstract]          
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 0   0   0
Fair Value, Inputs, Level 3 [Member] | Taxable Bonds [Member]          
Fair Value, Assets and Liabilities Measured on Recurring/Nonrecurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Assets, Fair Value Disclosure 4,711,687 4,370,023 4,616,565 4,075,953  
Total gains (lossses) (realized/unrealized) [Abstract]          
Gain (Loss) on Investments 0 0 0 0  
Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Income (Loss), before Tax, Including Portion Attributable to Noncontrolling Interest, Available-for-sale Securities 345,902 174,447 11,842 543,517  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases $ 0 0 500,000 0  
Mortgage Revenue Bond Exchanged for MF Property   0    
Refund of Interest Rate Derivative Cost     0    
Gain on sale and retirement of bonds   0   0  
Deriviative at purchase price $ 0   0 0  
Assets, Fair Value Disclosure 5,056,428 4,544,470 5,056,428 4,544,470  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (1,161) 0 (71,979) (75,000)  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 5,056,428   5,056,428   4,616,565
Fair Value, Inputs, Level 3 [Member] | Derivative Financial Instruments, Assets [Member]          
Fair Value, Assets and Liabilities Measured on Recurring/Nonrecurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Assets, Fair Value Disclosure (443,961) 669,712 267,669 888,120  
Total gains (lossses) (realized/unrealized) [Abstract]          
Gain (Loss) on Investments (1,254,563) (153,810) (1,955,693) (763,718)  
Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Income (Loss), before Tax, Including Portion Attributable to Noncontrolling Interest, Available-for-sale Securities 0 0 0 0  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases $ 0 0 0 0  
Mortgage Revenue Bond Exchanged for MF Property   0    
Refund of Interest Rate Derivative Cost     (10,500)    
Gain on sale and retirement of bonds   991,400   0  
Deriviative at purchase price $ 572,588   572,588 1,382,900  
Assets, Fair Value Disclosure (1,125,936) 1,507,302 (1,125,936) 1,507,302  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements 0 $ 0 0 $ 0  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value $ (1,125,936)   $ (1,125,936)   $ 267,669