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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Investment income $ 12,388,241 $ 11,543,423
Property revenues 1,694,524 1,952,247
Contingent interest income   12,043
Other interest income 304,723 228,422
Total revenues 14,387,488 13,736,135
Expenses:    
Real estate operating (exclusive of items shown below) 1,007,840 1,175,374
Provision for credit loss (Note 6)   1,357,681
Depreciation and amortization 683,460 709,438
Interest expense 5,226,475 6,017,968
General and administrative 3,285,708 2,898,526
Total expenses 10,203,483 12,158,987
Other Income:    
Gain on sale of securities   1,416,023
Gain on sale of investments in unconsolidated entity 2,809,106  
Income before income taxes 6,993,111 2,993,171
Income tax expense 257 11,414
Net income 6,992,854 2,981,757
Redeemable Series A Preferred Unit distributions and accretion (717,763) (717,763)
Net income available to Partners 6,275,091 2,263,994
Net income (loss) available to Partners allocated to:    
General Partner 736,936 (53,404)
Net income available to Partners and noncontrolling interest $ 6,275,091 $ 2,263,994
BUC holders' interest in net income per BUC, basic and diluted $ 0.09 $ 0.04
Weighted average number of BUCs outstanding, basic 60,690,862 60,754,179
Weighted average number of BUCs outstanding, diluted 60,690,862 60,754,179
Beneficial Unit Certificate Holders [Member]    
Net income (loss) available to Partners allocated to:    
Limited Partners $ 5,526,202 $ 2,312,216
Restricted Unitholders [Member]    
Net income (loss) available to Partners allocated to:    
Limited Partners $ 11,953 $ 5,182