XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Partners' Capital (Unaudited) - USD ($)
Total
Tier 2 [Member]
Tier 3 [Member]
General Partner [Member]
General Partner [Member]
Tier 2 [Member]
BUCs - Restricted and Unrestricted [Member]
BUCs - Restricted and Unrestricted [Member]
Tier 2 [Member]
BUCs - Restricted and Unrestricted [Member]
Tier 3 [Member]
Number of BUCs - Restricted and Unrestricted [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Dec. 31, 2019 $ 341,938,263     $ 735,128   $ 341,203,135       $ 99,308,677
Partners' Capital Account, Units at Dec. 31, 2019                 60,835,204  
Distributions paid or accrued:                    
Regular distribution (8,050,119)     (80,501)   (7,969,618)        
Distribution of (income) loss (Note 3)   $ 445,719     $ 80,501   $ 365,218      
Net income (loss) allocable to Partners 2,263,994     (53,404)   2,317,398        
Repurchase of BUCs, Value (2,106,673)         (2,106,673)        
Repurchase of BUCs, Units                 (290,000)  
Restricted units awarded                 290,000  
Restricted unit compensation expense 39,068     391   38,677        
Unrealized gain (loss) on securities (7,057,736)     (70,577)   (6,987,159)       (7,057,736)
Reversal of net unrealized gains on sale of securities (1,408,804)     (14,088)   (1,394,716)       (1,408,804)
Reversal of net unrealized loss on securities to provision for credit loss 372,169     3,722   368,447       372,169
Balance at Mar. 31, 2020 326,435,881     601,172   325,834,709       91,214,306
Partners' Capital Account, Units at Mar. 31, 2020                 60,835,204  
Balance at Dec. 31, 2019 341,938,263     735,128   341,203,135       99,308,677
Partners' Capital Account, Units at Dec. 31, 2019                 60,835,204  
Distributions paid or accrued:                    
Net income (loss) allocable to Partners 4,256,800                  
Reversal of net unrealized loss on securities to provision for credit loss                   652,880
Balance at Sep. 30, 2020 361,159,616     948,408   360,211,208       130,723,408
Partners' Capital Account, Units at Sep. 30, 2020                 60,835,204  
Balance at Mar. 31, 2020 326,435,881     601,172   325,834,709       91,214,306
Partners' Capital Account, Units at Mar. 31, 2020                 60,835,204  
Distributions paid or accrued:                    
Regular distribution (3,686,982)     (36,870)   (3,650,112)        
Net income (loss) allocable to Partners 3,870,586     38,706   3,831,880        
Restricted unit compensation expense 296,268     2,962   293,306        
Unrealized gain (loss) on securities 20,971,649     209,716   20,761,933       20,971,649
Balance at Jun. 30, 2020 347,887,402     815,686   347,071,716       112,185,955
Partners' Capital Account, Units at Jun. 30, 2020                 60,835,204  
Distributions paid or accrued:                    
Regular distribution (3,686,983)     (36,870)   (3,650,113)        
Net income (loss) allocable to Partners (1,877,780)     (18,778)   (1,859,002)        
Restricted unit compensation expense 299,524     2,996   296,528        
Unrealized gain (loss) on securities 18,000,520     180,005   17,820,515       18,000,520
Unrealized gain (loss) on bond purchase commitments 256,222     2,562   253,660       256,222
Reversal of net unrealized loss on securities to provision for credit loss 280,711     2,807   277,904       280,711
Balance at Sep. 30, 2020 361,159,616     948,408   360,211,208       130,723,408
Partners' Capital Account, Units at Sep. 30, 2020                 60,835,204  
Balance at Dec. 31, 2020 359,772,042     934,892   358,837,150       132,594,007
Partners' Capital Account, Units at Dec. 31, 2020                 60,823,674  
Distributions paid or accrued:                    
Regular distribution (3,401,314)     (34,013)   (3,367,301)        
Distribution of (income) loss (Note 3)   (2,809,106)     (702,277)   (2,106,829)      
Net income (loss) allocable to Partners 6,275,091     736,936   5,538,155        
Restricted unit compensation expense 78,114     781   77,333        
Unrealized gain (loss) on securities (16,298,797)     (162,988)   (16,135,809)       (16,298,797)
Unrealized gain (loss) on bond purchase commitments (120,970)     (1,210)   (119,760)       (120,970)
Balance at Mar. 31, 2021 343,495,060     772,121   342,722,939       116,174,240
Partners' Capital Account, Units at Mar. 31, 2021                 60,823,674  
Balance at Dec. 31, 2020 359,772,042     934,892   358,837,150       132,594,007
Partners' Capital Account, Units at Dec. 31, 2020                 60,823,674  
Distributions paid or accrued:                    
Net income (loss) allocable to Partners 28,092,630                  
Balance at Sep. 30, 2021 377,472,418     813,097   376,659,321       113,611,581
Partners' Capital Account, Units at Sep. 30, 2021                 66,330,039  
Balance at Mar. 31, 2021 343,495,060     772,121   342,722,939       116,174,240
Partners' Capital Account, Units at Mar. 31, 2021                 60,823,674  
Distributions paid or accrued:                    
Regular distribution (2,624,057)     (26,241)   (2,597,816)        
Distribution of (income) loss (Note 3)   (5,463,484)     (1,365,870)   (4,097,614)      
Net income (loss) allocable to Partners 9,546,917     1,406,706   8,140,211        
Repurchase of BUCs, Value (1,363,736)         (1,363,736)        
Repurchase of BUCs, Units                 (222,459)  
Restricted units awarded                 266,324  
Restricted unit compensation expense 190,970     1,910   189,060        
Unrealized gain (loss) on securities 1,933,172     19,332   1,913,840       1,933,172
Unrealized gain (loss) on bond purchase commitments 81,606     816   80,790       81,606
Balance at Jun. 30, 2021 345,796,448     808,774   344,987,674       118,189,018
Partners' Capital Account, Units at Jun. 30, 2021                 60,867,539  
Distributions paid or accrued:                    
Distribution of (income) loss (Note 3)   $ (2,139,488) $ (5,691,689)   $ (534,873)   $ (1,604,615) $ (5,691,689)    
Net income (loss) allocable to Partners 12,270,622     579,266   11,691,356        
Sale of BUCs, net of issuance costs, Value 31,243,495         31,243,495        
Sale of BUCs, net of issuance costs, Units                 5,462,500  
Restricted unit compensation expense 570,467     5,705   564,762        
Unrealized gain (loss) on securities (4,586,145)     (45,862)   (4,540,283)       (4,586,145)
Unrealized gain (loss) on bond purchase commitments 8,708     87   8,621       8,708
Balance at Sep. 30, 2021 $ 377,472,418     $ 813,097   $ 376,659,321       $ 113,611,581
Partners' Capital Account, Units at Sep. 30, 2021                 66,330,039