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Debt Financing Total Debt Financing (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2017
Dec. 31, 2016
Short Term Debt [Line Items]    
Debt financing $ 598,123,706 $ 495,383,033
Period End Rates 3.98% 3.83%
TOB & Term A/B Trusts Securitization [Member] | Fixed - Term TOB [Member]    
Short Term Debt [Line Items]    
Debt financing $ 46,846,532 $ 46,860,699
Years Acquired 2014 2014
Reset Frequency N/A N/A
TOB & Term A/B Trusts Securitization [Member] | Fixed - Term TOB [Member] | Minimum [Member]    
Short Term Debt [Line Items]    
Stated Maturities 2017-07 2017-07
Period End Rates 4.01% 4.01%
TOB & Term A/B Trusts Securitization [Member] | Fixed - Term TOB [Member] | Maximum [Member]    
Short Term Debt [Line Items]    
Stated Maturities 2019-07 2019-07
Period End Rates 4.39% 4.39%
TOB & Term A/B Trusts Securitization [Member] | Fixed - Term A/B [Member]    
Short Term Debt [Line Items]    
Debt financing $ 275,162,869 $ 171,778,950
Restricted Cash $ 1,247,698 $ 1,373,695
Years Acquired   2016
Reset Frequency N/A N/A
TOB & Term A/B Trusts Securitization [Member] | Fixed - Term A/B [Member] | Minimum [Member]    
Short Term Debt [Line Items]    
Years Acquired 2016  
Stated Maturities 2017-03 2017-03
Period End Rates 3.64% 3.64%
TOB & Term A/B Trusts Securitization [Member] | Fixed - Term A/B [Member] | Maximum [Member]    
Short Term Debt [Line Items]    
Years Acquired 2017  
Stated Maturities 2027-02 2026-12
Period End Rates 4.46% 4.56%
TOB & Term A/B Trusts Securitization [Member] | Variable - TOB [Member]    
Short Term Debt [Line Items]    
Debt financing $ 42,455,000 $ 42,455,000
Years Acquired 2012 2012
Stated Maturities 2017-06 2016-12
Reset Frequency Weekly Weekly
Facility Fees 1.62% 1.62%
TOB & Term A/B Trusts Securitization [Member] | Variable - TOB [Member] | Minimum [Member]    
Short Term Debt [Line Items]    
SIFMA Based Rates 1.48% 1.29%
Period End Rates 3.10% 2.91%
TOB & Term A/B Trusts Securitization [Member] | Variable - TOB [Member] | Maximum [Member]    
Short Term Debt [Line Items]    
SIFMA Based Rates 1.56% 1.39%
Period End Rates 3.18% 3.01%
TEBS Financings [Member] | Variable - TEBS I [Member]    
Short Term Debt [Line Items]    
Debt financing $ 60,404,699 $ 60,430,991
Restricted Cash $ 52,065 $ 396,412
Years Acquired 2010 2010
Stated Maturities 2017-09 [1] 2017-09
Reset Frequency Weekly Weekly
SIFMA Based Rates 0.97% 0.77%
Facility Fees 1.85% 1.85%
Period End Rates 2.82% 2.62%
TEBS Financings [Member] | Variable - TEBS II [Member]    
Short Term Debt [Line Items]    
Debt financing [2] $ 91,226,919 $ 91,768,081
Restricted Cash [2] $ 171,322 $ 170,988
Years Acquired [2] 2014 2014
Stated Maturities [2] 2019-07 2019-07
Reset Frequency [2] Weekly Weekly
SIFMA Based Rates [2] 0.95% 0.75%
Facility Fees [2] 1.67% 1.62%
Period End Rates [2] 2.62% 2.37%
TEBS Financings [Member] | Variable - TEBS III [Member]    
Short Term Debt [Line Items]    
Debt financing [2] $ 82,027,687 $ 82,089,312
Restricted Cash [2] $ 3,483,665 $ 3,495,592
Years Acquired [2] 2015 2015
Stated Maturities [2] 2020-07 2020-07
Reset Frequency [2] Weekly Weekly
SIFMA Based Rates [2] 0.95% 0.75%
Facility Fees [2] 1.44% 1.39%
Period End Rates [2] 2.39% 2.14%
[1] ATAX TEBS I, LLC, a wholly-owned subsidiary of the Partnership, may terminate the M24 TEBS Financing at its option on either September 15, 2017 or September 15, 2020. Should the Partnership not elect to terminate the M24 TEBS Financing on these dates, the full term of the M24 TEBS Financing will run through the final principal payment date associated with the securitized bonds, or July 15, 2050.
[2] Facility fees are variable