Property Loans, Net of Loan Loss Allowances (Tables)

6 Months Ended

Jun. 30, 2016

Property Loans Net Of Loan Loss Allowances [Abstract]

Schedule of Property Loans, Net of Loan Loss Allowances [Table Text Block]

The Partnership had the following Property Loans, Net of Loan Loss Allowances on June 30, 2016 and December 31, 2015:

	June 30, 2016			December 31, 2015
Property loans receivable	$	35,702,765		$	29,874,523
Less: Loan loss allowance		(7,098,814	)		(7,098,814	)
Total property loans receivable	$	28,603,951		$	22,775,709

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The following represents the net taxable property loans outstanding at June 30, 2016 and December 31, 2015:

	June 30, 2016
	Outstanding Balance		Accrued Interest		Loan Loss Allowances			Interest Allowance		Net Taxable Property Loans
Arbors at Hickory Ridge	$	191,264	$	47,232	$	-		$	-	$	238,496
Ashley Square		5,078,342		-		(3,596,342	)		-		1,482,000
Avistar (February 2013 portfolio)		274,496		70,939		-			-		345,435
Avistar (June 2013 portfolio)		251,622		65,027		-			-		316,649
Cross Creek		7,078,087		-		(3,447,472	)		-		3,630,615
Foundation for Affordable Housing		1,418,075		25,907		-			-		1,443,982
Greens Property		850,000		404,026		-			-		1,254,026
Lake Forest		4,623,704		-		(55,000	)		-		4,568,704
Ohio Properties		2,390,446		904,650		-			-		3,295,096
Vantage at Brooks, LLC		7,199,424		394,201		-			-		7,593,625
Vantage at Braunfels, LLC		6,347,305		397,329		-			-		6,744,634
Total	$	35,702,765	$	2,309,311	$	(7,098,814	)	$	-	$	30,913,262

	December 31, 2015
	Outstanding Balance		Accrued Interest		Loan Loss Allowances			Interest Allowance			Net Taxable Property Loans
Arbors at Hickory Ridge	$	191,264	$	39,950	$	-		$	-		$	231,214
Ashley Square		5,078,342		2,864,130		(3,596,342	)		(2,864,130	)		1,482,000
Avistar (February 2013 portfolio)		274,496		51,386		-			-			325,882
Avistar (June 2013 portfolio)		251,622		47,104		-			-			298,726
Cross Creek		7,072,087		2,352,851		(3,447,472	)		(2,352,852	)		3,624,614
Foundation for Affordable Housing		1,415,590		-		-			-			1,415,590
Greens Property		850,000		343,600		-			-			1,193,600
Lake Forest		4,623,704		3,080,446		(55,000	)		(3,059,610	)		4,589,540
Ohio Properties		2,390,448		1,235,017		-			(441,795	)		3,183,670
Vantage at Brooks LLC		3,454,664		78,440		-			-			3,533,104
Vantage at Braunfels LLC		4,272,306		92,481		-			-			4,364,787
Total	$	29,874,523	$	10,185,405	$	(7,098,814	)	$	(8,718,387	)	$	24,242,727