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Segments - Summary of Partnership Reportable Segment Information (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Total revenues          
Total revenues $ 14,478,419 $ 14,346,334 $ 28,214,554 $ 32,010,932  
Interest expense          
Interest expense 4,889,316 6,206,935 10,907,284 12,601,855  
Depreciation expense          
Depreciation expense 712,081 818,154 1,421,519 1,637,312  
Net income (loss)          
Net income 4,588,348 3,886,190 7,570,105 10,338,003  
Total assets          
Total assets 1,038,489,468   1,038,489,468   $ 1,029,168,508
Operating Segments [Member] | Mortgage Revenue Bond Investments Segment [Member]          
Total revenues          
Total revenues 10,247,228 10,247,302 20,453,031 20,690,715  
Interest expense          
Interest expense 4,597,328 5,456,801 10,095,527 11,105,369  
Depreciation expense          
Depreciation expense 3,359   5,783    
Net income (loss)          
Net income 2,301,494 2,285,485 2,741,830 4,328,839  
Total assets          
Total assets 973,941,784   973,941,784   918,301,172
Operating Segments [Member] | MF Properties [Member]          
Total revenues          
Total revenues 1,856,954 2,034,796 3,809,201 4,028,425  
Interest expense          
Interest expense 291,988 365,632 613,764 730,021  
Depreciation expense          
Depreciation expense 708,722 818,154 1,415,736 1,637,312  
Net income (loss)          
Net income (85,583) (74,997) (338,313) (512,131)  
Total assets          
Total assets 69,044,411   69,044,411   70,569,646
Operating Segments [Member] | Public Housing Capital Fund Trusts [Member]          
Total revenues          
Total revenues   585,609 174,470 1,223,755  
Interest expense          
Interest expense   384,502 197,993 766,465  
Net income (loss)          
Net income   201,107 1,390,999 457,290  
Total assets          
Total assets         43,591,048
Operating Segments [Member] | Other Investments [Member]          
Total revenues          
Total revenues 2,374,237 1,478,627 3,777,852 6,068,037  
Net income (loss)          
Net income 2,372,437 $ 1,474,595 3,775,589 $ 6,064,005  
Total assets          
Total assets 91,683,948   91,683,948   87,098,315
Consolidation, Eliminations [Member]          
Total assets          
Total assets $ (96,180,675)   $ (96,180,675)   $ (90,391,673)