XML 18 R7.htm IDEA: XBRL DOCUMENT v3.23.2
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, 2021 $ 372,412,027     $ 765,550   $ 371,646,477       $ 114,040,260
Partners' Capital Account, Units at Dec. 31, 2021                 22,658,311  
Distributions paid or accrued:                    
Distribution of (income) loss (Note 3)   $ (9,721,430)     $ (2,430,358)   $ (7,291,072)      
Net income allocable to Partners 25,546,274     2,737,044   22,809,230        
Restricted unit compensation expense 173,898     1,739   172,159        
Unrealized gain (loss) on securities (47,751,656)     (477,517)   (47,274,139)       (47,751,656)
Unrealized gain (loss) on bond purchase commitments (819,081)     (8,191)   (810,890)       (819,081)
Balance at Mar. 31, 2022 339,840,032     588,267   339,251,765       65,469,523
Partners' Capital Account, Units at Mar. 31, 2022                 22,658,311  
Balance at Dec. 31, 2021 372,412,027     765,550   371,646,477       114,040,260
Partners' Capital Account, Units at Dec. 31, 2021                 22,658,311  
Distributions paid or accrued:                    
Net income allocable to Partners 42,436,455                  
Unrealized gain (loss) on bond purchase commitments (955,451)                  
Balance at Jun. 30, 2022 323,880,274     216,604   323,663,670       45,453,151
Partners' Capital Account, Units at Jun. 30, 2022                 22,658,719  
Balance at Mar. 31, 2022 339,840,032     588,267   339,251,765       65,469,523
Partners' Capital Account, Units at Mar. 31, 2022                 22,658,311  
Distributions paid or accrued:                    
Distribution of (income) loss (Note 3)   (1,620,764) $ (11,378,312)   (405,190)   (1,215,574) $ (11,378,312)    
Net income allocable to Partners 16,890,181     232,036   16,658,145        
Restricted units forfeited                 (902)  
Restricted unit compensation expense 165,509     1,655   163,854        
Unrealized gain (loss) on securities (19,880,002)     (198,800)   (19,681,202)       (19,880,002)
Unrealized gain (loss) on bond purchase commitments (136,370)     (1,364)   (135,006)       (136,370)
Rounding of BUCs related to BUCs Distributions/Reverse Unit Split                 1,310  
Balance at Jun. 30, 2022 323,880,274     216,604   323,663,670       45,453,151
Partners' Capital Account, Units at Jun. 30, 2022                 22,658,719  
Balance at Dec. 31, 2022 323,955,517     285,571   323,669,946       43,748,239
Cumulative effect of accounting change (Note 2) (5,949,000)     (59,490)   (5,889,510)        
Partners' Capital Account, Units at Dec. 31, 2022                 22,727,337  
Distributions paid or accrued:                    
Regular distribution (1,175,563)     (11,756)   (1,163,807)        
Distribution of (income) loss (Note 3)   (9,660,884)     (2,415,221)   (7,245,663)      
Cash paid in lieu of fractional BUCs (2,639)         (2,639)        
Net income allocable to Partners 16,044,572     2,479,058   13,565,514        
Restricted units awarded                 102,087  
Restricted unit compensation expense 349,959     3,500   346,459        
Unrealized gain (loss) on securities 20,397,542     203,975   20,193,567       20,397,542
Unrealized gain (loss) on bond purchase commitments 112,547     1,125   111,422       112,547
Rounding of BUCs related to BUCs Distributions/Reverse Unit Split                 (151)  
Balance at Mar. 31, 2023 344,072,051     486,762   343,585,289       64,258,328
Partners' Capital Account, Units at Mar. 31, 2023                 22,829,273  
Balance at Dec. 31, 2022 323,955,517     285,571   323,669,946       43,748,239
Partners' Capital Account, Units at Dec. 31, 2022                 22,727,337  
Distributions paid or accrued:                    
Net income allocable to Partners 36,532,562                  
Unrealized gain (loss) on bond purchase commitments 39,171                  
Balance at Jun. 30, 2023 344,252,165     488,564   343,763,601       52,685,382
Partners' Capital Account, Units at Jun. 30, 2023                 22,831,428  
Balance at Mar. 31, 2023 344,072,051     486,762   343,585,289       64,258,328
Partners' Capital Account, Units at Mar. 31, 2023                 22,829,273  
Distributions paid or accrued:                    
Regular distribution (2,002,209)     (20,022)   (1,982,187)        
Distribution of (income) loss (Note 3)   $ (3,513,629) $ (3,806,269)   $ (878,407)   $ (2,635,222) $ (3,806,269)    
Net income allocable to Partners 20,487,990     1,010,088   19,477,902        
Restricted units awarded                 2,155  
Restricted unit compensation expense 587,177     5,871   581,306        
Unrealized gain (loss) on securities (11,499,570)     (114,995)   (11,384,575)       (11,499,570)
Unrealized gain (loss) on bond purchase commitments (73,376)     (733)   (72,643)       (73,376)
Balance at Jun. 30, 2023 $ 344,252,165     $ 488,564   $ 343,763,601       $ 52,685,382
Partners' Capital Account, Units at Jun. 30, 2023                 22,831,428