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Allowance for Credit Losses - Summary of Changes in Partnership's Allowance for Credit Losses (Details) - USD ($)
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Financing Receivable, Allowance for Credit Loss [Line Items]    
Balance, beginning of period $ 4,097,000 $ 495,000
Recovery of prior credit loss (17,155) (16,967)
Cumulative-effect adjustment upon adoption   5,949,000
Current provision for expected credit losses (806,000) (545,000)
Balance, end of period 3,291,000 5,899,000
MRB and taxable MRB investments [Member]    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Balance, beginning of period 9,910,079 9,978,891
Recovery of prior credit loss [1] (17,155) (16,967)
Balance, end of period [2] 9,892,924 9,961,924
Governmental Issuer Loans [Member]    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Balance, beginning of period 1,294,000 0
Cumulative-effect adjustment upon adoption   2,145,000
Current provision for expected credit losses (128,000) (65,000)
Balance, end of period 1,166,000 2,080,000
Taxable Governmental Issuer Loans [Member]    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Balance, beginning of period 77,000 0
Cumulative-effect adjustment upon adoption   79,000
Current provision for expected credit losses (36,000) 10,000
Balance, end of period 41,000 89,000
Property Loans [Member]    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Balance, beginning of period 2,048,000 495,000
Cumulative-effect adjustment upon adoption   2,108,000
Current provision for expected credit losses (420,000) (153,000)
Balance, end of period 1,628,000 2,450,000
Unfunded Commitments [Member]    
Financing Receivable, Allowance for Credit Loss [Line Items]    
Balance, beginning of period 678,000 0
Cumulative-effect adjustment upon adoption   1,617,000
Current provision for expected credit losses (222,000) (337,000)
Balance, end of period $ 456,000 $ 1,280,000
[1] The Partnership compared the present value of cash flows expected to be collected to the amortized cost basis of the Live 929 Apartments Series 2022A MRB, which indicated a recovery of value. As the recovery was identified prior to the effective date of the CECL standard, the Partnership will accrete the recovery of prior credit loss into investment income over the term of the MRB.
[2] The allowance for credit losses as of March 31, 2024 and 2023 was related to the Provision Center 2014-1 MRB and the Live 929 Apartments – 2022A MRB.