Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2020

Total Return Swaps [Member]

Summary of Partnership's Derivative Instruments

The following table summarizes the terms of the Partnership’s total return swaps as of December 31, 2020:

Purchase Date	Notional Amount		Effective Date	Termination Date	Period End Variable Rate Paid	Period End Variable Rate Received	Variable Rate Index	Counterparty	Fair Value as of December 31, 2020
Sept 2020		39,970,485	Sept 2020	Sept 2025	4.25% (1)	9.22% (3)	3-month LIBOR	Mizuho Capital Markets	$	77,995
Sept 2020		63,500,000	Sept 2020	Mar 2022	1.00% (2)	9.22% (3)	3-month LIBOR	Mizuho Capital Markets		215,631
									$	293,626

^{(1) Variable rate equal to 3-month LIBOR + 3.75%, subject to a floor of 4.25%.}

^{(2) Variable rate equal to 3-month LIBOR + 0.50%, subject to a floor of 1.00%.}

^{(3) Variable rate equal to 3-month LIBOR + 9.00%.}

Interest Rate Cap Agreements [Member]

Summary of Partnership's Derivative Instruments

The following tables summarize the Partnership’s interest rate cap agreements as of December 31, 2020 and 2019:

Purchase Date	Notional Amount		Maturity Date	Effective Capped Rate (1)			Index	Variable Debt Financing Facility Hedged (1)	Counterparty	Fair Value as of December 31, 2020
Aug 2019		77,979,924	Aug 2024		4.5	%	SIFMA	M31 TEBS	Barclays Bank PLC	$	27,877
										$	27,877

(1) See Notes 16 and 24 for additional details.

Purchase Date	Notional Amount		Maturity Date	Effective Capped Rate (1)			Index	Variable Debt Financing Facility Hedged (1)	Counterparty	Fair Value as of December 31, 2019
July 2015		27,033,788	Aug 2020		3.0	%	SIFMA	TOB Trusts	Wells Fargo Bank	$	-
July 2015		27,033,788	Aug 2020		3.0	%	SIFMA	TOB Trusts	Royal Bank of Canada		-
July 2015		27,033,788	Aug 2020		3.0	%	SIFMA	TOB Trusts	SMBC Capital Markets, Inc		-
June 2017		81,101,364	Aug 2020		1.5	%	SIFMA	TOB Trusts	Barclays Bank PLC		4,090
Sept 2017		58,090,000	Sept 2020		4.0	%	SIFMA	TOB Trusts	Barclays Bank PLC		-
Aug 2019		79,333,280	Aug 2024		4.5	%	SIFMA	M31 TEBS	Barclays Bank PLC		6,821
										$	10,911

(1) See Notes 16 and 24 for additional details.