Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following table details certain key financial information for the Partnership’s reportable segments for the three and six months ended June 30, 2016 and 2015:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2016		2015		2016		2015
Revenues
Mortgage Revenue Bond Investments	$	8,790,823	$	8,678,337	$	17,569,877	$	15,996,898
MF Properties		4,994,868		4,086,061		10,068,972		8,388,362
Public Housing Capital Fund Trust		722,990		784,846		1,453,892		1,517,749
MBS Securities Investments		-		152,861		48,755		305,721
Other Investments		424,440		-		711,484		-
Total revenues	$	14,933,121	$	13,702,105	$	29,852,980	$	26,208,730
Interest expense
Mortgage Revenue Bond Investments	$	3,391,149	$	2,010,745	$	7,175,539	$	4,899,865
MF Properties		596,360		640,909		1,266,693		1,353,808
Public Housing Capital Fund Trust		334,545		300,580		635,265		597,040
MBS Securities Investments		-		40,900		14,692		78,597
Total interest expense	$	4,322,054	$	2,993,134	$	9,092,189	$	6,929,310
Depreciation expense
Mortgage Revenue Bond Investments	$	-	$	-	$	-	$	-
MF Properties		1,649,891		1,389,700		3,296,122		2,843,879
Public Housing Capital Fund Trust		-		-		-		-
MBS Securities Investments		-		-		-		-
Total depreciation expense	$	1,649,891	$	1,389,700	$	3,296,122	$	2,843,879
Income from continuing operations
Mortgage Revenue Bond Investments	$	2,220,622	$	4,256,767	$	4,250,903	$	6,606,289
MF Properties		7,972,322		3,138,054		7,704,519		2,743,522
Public Housing Capital Fund Trust		388,445		476,813		818,627		905,961
MBS Securities Investments		-		111,661		51,984		226,683
Other Investments		424,440		-		711,484		-
Total income from continuing operations	$	11,005,829	$	7,983,295	$	13,537,517	$	10,482,455
Partnership net income
Mortgage Revenue Bond Investments	$	2,220,723	$	4,256,767	$	4,251,016	$	6,606,289
MF Properties		7,972,322		3,137,743		7,704,519		2,744,102
Public Housing Capital Fund Trust		388,445		476,813		818,627		905,961
MBS Securities Investments		-		111,661		51,984		226,683
Other Investments		424,440		-		711,484		-
Discontinued Operations		-		238,287		-		262,715
Partnership net income	$	11,005,930	$	8,221,271	$	13,537,630	$	10,745,750

The following table details certain key financial information for the Partnership’s reportable segments on June 30, 2016 and December 31, 2015:

Total assets	June 30, 2016			December 31, 2015
Mortgage Revenue Bond Investments	$	941,641,883		$	841,499,941
MF Properties		107,534,611			127,683,544
Public Housing Capital Fund Trust Certificates		62,488,641			61,021,462
MBS Securities Investments		-			15,035,061
Other Investments		17,009,944			7,726,970
Assets held for sale		13,745,698			14,020,559
Consolidation/eliminations		(196,731,864	)		(199,877,054	)
Total assets	$	945,688,913		$	867,110,483