Other Assets (Tables)

6 Months Ended

Jun. 30, 2021

The following table summarizes the other assets as of June 30, 2021 and December 31, 2020:

	June 30, 2021		December 31, 2020
Deferred financing costs, net	$	1,291,123	$	390,649
Fair value of derivative instruments (Note 18)		321,372		321,503
Taxable mortgage revenue bonds, at fair value		1,462,862		1,510,437
Taxable governmental issuer loan held in trust		1,000,000		-
Bond purchase commitments, at fair value (Note 19)		392,515		431,879
Operating lease right-of-use assets, net		1,634,200		1,648,742
Other assets		1,274,856		1,605,374
Total other assets	$	7,376,928	$	5,908,584

Summary of Taxable Governmental Issuer Loan and Remaining Funding Commitment

The following table includes details of the taxable GIL, and the remaining funding commitment, that was entered into during the six months ended June 30, 2021:

Property Name

Date Committed

Maturity Date

Outstanding Balance

Maximum Remaining Commitment

Hope on Avalon

January 2021

2/1/2023 ⁽¹⁾

1,000,000

9,573,000

⁽¹⁾	The borrower has the option to extend the maturity up to six months upon payment of a non-refundable extension fee.