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Commitments and Contingencies Fair Market Value Table (Details) - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Unrealized Gain $ 3,080,857   $ 5,082,559
Long-term Purchase Commitment, Amount $ 42,665,912 $ 0  
Silver Moon [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Debt Instrument, Interest Rate, Stated Percentage 6.00%    
Long-term Purchase Commitment, Amount $ 8,000,000    
Forward Bond Commitment, Purchase Date Jun. 01, 2013    
15 West Apartments [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Debt Instrument, Interest Rate, Stated Percentage 6.25%    
Long-term Purchase Commitment, Amount $ 9,900,000    
Forward Bond Commitment, Purchase Date Jul. 01, 2014    
Palo Alto [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Debt Instrument, Interest Rate, Stated Percentage 5.80%    
Long-term Purchase Commitment, Amount $ 19,540,000    
Forward Bond Commitment, Purchase Date Jul. 01, 2015    
Villas at Plano Gateway [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Debt Instrument, Interest Rate, Stated Percentage 6.00%    
Long-term Purchase Commitment, Amount $ 20,000,000    
Forward Bond Commitment, Purchase Date Dec. 01, 2014    
Village at River's Edge [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Debt Instrument, Interest Rate, Stated Percentage 6.00%    
Long-term Purchase Commitment, Amount $ 8,720,000    
Forward Bond Commitment, Purchase Date May 01, 2015    
Vantage at Harlingen [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Debt Instrument, Interest Rate, Stated Percentage 6.00%    
Unrealized Gain     707,813
Long-term Purchase Commitment, Amount $ 18,000,000    
Forward Bond Commitment, Purchase Date Aug. 01, 2013    
Vantage at Judson [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Debt Instrument, Interest Rate, Stated Percentage 6.00%    
Unrealized Gain     717,230
Long-term Purchase Commitment, Amount $ 26,700,000    
Forward Bond Commitment, Purchase Date Dec. 01, 2012    
Bond Purchase Commitment [Member] | Silver Moon [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Unrealized Gain $ 0   413,600
Bond Purchase Commitment [Member] | 15 West Apartments [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Unrealized Gain 785,932   809,178
Bond Purchase Commitment [Member] | Palo Alto [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Unrealized Gain 959,023   0
Bond Purchase Commitment [Member] | Villas at Plano Gateway [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Unrealized Gain 1,103,000   1,133,400
Bond Purchase Commitment [Member] | Village at River's Edge [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Unrealized Gain 487,971   0
Bond Purchase Commitment [Member] | Vantage at Harlingen [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Unrealized Gain 0   1,433,700
Bond Purchase Commitment [Member] | Vantage at Judson [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Unrealized Gain $ 0   $ 1,990,535