Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Assets:
Cash and cash equivalents	$ 35,158,156	$ 42,308,153
Restricted cash	600,646	877,828
Interest receivable, net	7,905,503	7,432,433
Mortgage revenue bonds held in trust, at fair value (Note 6)	734,245,836	743,587,715
Mortgage revenue bonds, at fair value (Note 6)	26,836,439	30,009,750
Public housing capital fund trust certificates, at fair value (Note 7)		43,349,357
Real estate assets: (Note 8)
Land and improvements	4,900,465	4,906,130
Buildings and improvements	72,052,740	72,011,533
Real estate assets before accumulated depreciation	76,953,205	76,917,663
Accumulated depreciation	(16,064,714)	(15,357,700)
Net real estate assets	60,888,491	61,559,963
Investments in unconsolidated entities (Note 9)	98,643,727	86,981,864
Property loans, net of loan loss allowance (Note 10)	7,999,094	7,999,094
Other assets (Note 12)	5,238,370	5,062,351
Total Assets	977,516,262	1,029,168,508
Liabilities:
Accounts payable, accrued expenses and other liabilities (Note 13)	9,465,120	9,036,167
Distribution payable	7,604,401	7,607,984
Unsecured lines of credit (Note 14)	12,540,000	13,200,000
Debt financing, net (Note 15)	500,385,429	536,197,421
Mortgages payable and other secured financing, net (Note 16)	26,689,992	26,802,246
Total Liabilities	556,684,942	592,843,818
Commitments and Contingencies (Note 18)
Redeemable Series A Preferred Units, approximately $94.5 million redemption value, 9.5 million issued and outstanding, net (Note 19)	94,395,439	94,386,427
Partnersʼ Capital:
General Partner (Note 1)	601,172	735,128
Beneficial Unit Certificates ("BUCs," Note 1)	325,834,709	341,203,135
Total Partnersʼ Capital	326,435,881	341,938,263
Total Liabilities and Partnersʼ Capital	$ 977,516,262	$ 1,029,168,508

This element represents the portion of the balance sheet assertion valued at fair value by the entity, which is held in a mortgage-backed security, whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may by used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale.

No definition available.