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Other Assets - Schedule of Other Assets (Details) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Other Assets [Abstract]    
Deferred financing costs - net $ 386,548 $ 456,890
Fair value of derivative instruments (Note 19) 151,730 383,604
Taxable bonds at fair market value 4,179,205 4,084,599
Bond purchase commitments - fair value (Note 20) 2,620,393 2,399,449
Other assets 1,309,411 1,470,650
Total other assets $ 8,647,287 $ 8,795,192