Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities:
Net income	$ 17,257,534	$ 7,570,105
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	1,368,344	1,421,519
Provision for loan loss (Note 10)	330,116
Gain on sale of investment in securities		(1,416,023)
Provision for credit loss	900,080	1,822,356
Gain on sale of investments in an unconsolidated entities	(8,272,590)
Contingent interest realized on investing activities		(12,043)
Impairment charge on real estate assets		25,200
(Gain) loss on derivatives, net of cash paid	131	(18,915)
Restricted unit compensation expense	269,084	335,336
Bond premium/discount amortization	(68,961)	(48,021)
Debt premium amortization	(20,276)	(20,229)
Amortization of deferred financing costs	454,433	791,026
Deferred income tax expense (benefit) & income tax payable/receivable	(27,960)	90,927
Change in preferred return receivable from unconsolidated entities, net	3,877,357	(1,260,261)
Changes in operating assets and liabilities
Increase in interest receivable	(1,561,891)	(104,356)
Decrease in other assets	408,450	362,468
Increase (decrease) in accounts payable and accrued expenses	649,332	(597,859)
Net cash provided by operating activities	15,563,183	8,941,230
Cash flows from investing activities:
Capital expenditures	(2,522,704)	(116,887)
Acquisition of mortgage revenue bonds	(8,951,500)	(7,489,950)
Advances on governmental issuer loans	(65,541,133)	(40,000,000)
Advances on taxable governmental issuer loans	(1,000,000)
Contributions to unconsolidated entities	(13,066,359)	(11,163,709)
Advances on property loans	(4,858,662)	(1,667,776)
Proceeds from sale of investments in an unconsolidated entities	29,433,391	7,762,166
Principal payments received on taxable mortgage revenue bonds	4,729	4,324
Principal payments received on property loans and contingent interest		12,043
Net cash used in investing activities	(56,262,246)	(3,406,388)
Cash flows from financing activities:
Distributions paid	(11,314,203)	(16,629,884)
Repurchase of BUCs	(1,363,736)	(2,106,673)
Proceeds from debt financing	70,577,000	91,386,000
Principal payments on debt financing	(2,697,767)	(88,985,375)
Principal borrowing on mortgages payable	1,440,000
Principal payments on mortgages payable	(439,618)	(419,128)
Principal borrowing on unsecured lines of credit	15,172,445	7,475,000
Principal payments on unsecured lines of credit	(22,647,445)	(1,980,000)
(Increase) decrease in security deposit liability related to restricted cash	51,624	(50,617)
Debt financing and other deferred costs	(1,700,469)	(285,425)
Net cash provided by (used in) financing activities	53,577,831	(11,596,102)
Net increase (decrease) in cash, cash equivalents and restricted cash	12,878,768	(6,061,260)
Cash, cash equivalents and restricted cash at beginning of period	122,990,586	43,185,981
Cash, cash equivalents and restricted cash at end of period	135,869,354	37,124,721
Supplemental disclosure of cash flow information:
Cash paid during the period for interest	9,769,631	10,226,352
Cash paid during the period for income taxes	135,904	18,491
Supplemental disclosure of noncash investing and financing activities:
Distributions declared but not paid for BUCs and General Partner	8,087,541	3,686,982
Distributions declared but not paid for Series A Preferred Units	708,750	708,750
Investment in previously unconsolidated entity consolidated as land	3,115,891
Capital expenditures financed through accounts payable	7,504
Deferred financing costs financed through accounts payable	(1,400)	55,557
Public housing capital fund trusts [Member]
Cash flows from investing activities:
Proceeds from sale of PHC Certificates		43,349,357
Mortgage Revenue Bonds [Member]
Cash flows from investing activities:
Principal payments received	10,239,992	$ 5,904,044
Secured Line Of Credit Facility [Member]
Cash flows from financing activities:
Principal borrowing on unsecured lines of credit	$ 6,500,000