Other Assets (Tables)

3 Months Ended

Mar. 31, 2018

Other Assets [Abstract]

Schedule of Other Assets

The following represents the Other Assets at March 31, 2018 and December 31, 2017:

	March 31, 2018		December 31, 2017
Deferred financing costs - net	$	313,396	$	383,133
Fair value of derivative instruments (Note 16)		1,194,442		597,221
Taxable mortgage revenue bonds at fair market value		2,397,825		2,422,459
Bond purchase commitments - fair value (Note 17)		2,027,473		3,002,540
Other assets		1,093,850		942,949
Total other assets	$	7,026,986	$	7,348,302