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Mortgage Revenue Bonds - Schedule of MRBs Acquisitions (Details)
 9 Months Ended
Sep. 30, 2024
USD ($)
Unit
Sep. 30, 2023
USD ($)
Unit
Jul. 31, 2023
USD ($)
Schedule Of Available For Sale Securities [Line Items]      
Initial Principal Funded $ 56,050,000 $ 100,445,000  
Mortgage Revenue Bonds [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Initial Principal Funded     $ 4,000,000
Residency at the Entrepreneur [Member] | MRB and Taxable MRB Commitments [Member] | Series J-5 [Member] | CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired [1]   February 2023  
Units | Unit [1]   200  
Maturity Date [1]   Apr. 01, 2025  
Initial Principal Funded [1]   $ 1,000,000  
Residency at the Entrepreneur [Member] | MRB and Taxable MRB Commitments [Member] | Series J-5 [Member] | CA [Member] | SOFR [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Interest Rate [1],[2]   3.60%  
Residency at the Mayer [Member] | MRB and Taxable MRB Commitments [Member] | Series M [Member] | Hollywood, CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired [3] March 2024    
Units | Unit [3] 79    
Maturity Date [3] Apr. 01, 2039    
Initial Principal Funded [3] $ 11,500,000    
Residency at the Mayer [Member] | MRB and Taxable MRB Commitments [Member] | Series M [Member] | Hollywood, CA [Member] | SOFR [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Interest Rate [3],[4] 3.60%    
Woodington Gardens Apartments [Member] | MRB and Taxable MRB Commitments [Member] | Series A-1 [Member] | Baltimore, MD [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired April 2024    
Units | Unit 197    
Maturity Date May 01, 2029    
Interest Rate 7.80%    
Initial Principal Funded $ 31,150,000    
Aventine Apartments [Member] | MRB and Taxable MRB Commitments [Member] | Bellevue, WA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired May 2024    
Units | Unit 68    
Maturity Date Jun. 01, 2031    
Interest Rate 7.68%    
Initial Principal Funded $ 9,500,000    
Wellspring Apartments [Member] | MRB and Taxable MRB Commitments [Member] | Long Beach, CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired [5] August 2024    
Units | Unit [5] 88    
Maturity Date [5] Sep. 01, 2039    
Interest Rate [5] 4.85%    
Initial Principal Funded [5] $ 3,900,000    
Windsor Shores Apartments [Member] | MRB and Taxable MRB Commitments [Member] | Series A [Member] | SC [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   January 2023  
Units | Unit   176  
Maturity Date   Feb. 01, 2030  
Interest Rate   6.50%  
Initial Principal Funded   $ 21,545,000  
The Ivy Apartments [Member] | MRB and Taxable MRB Commitments [Member] | SC [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   January 2023  
Units | Unit   212  
Maturity Date   Feb. 01, 2030  
Interest Rate   6.50%  
Initial Principal Funded   $ 30,500,000  
Handsel Morgan Village Apartments [Member] | MRB and Taxable MRB Commitments [Member] | Buford, GA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   April 2023  
Units | Unit   45  
Maturity Date   Mar. 01, 2041  
Interest Rate   6.75%  
Initial Principal Funded   $ 2,150,000  
Maryalice Circle Apartments [Member] | MRB and Taxable MRB Commitments [Member] | Buford, GA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   April 2023  
Units | Unit   98  
Maturity Date   Mar. 01, 2041  
Interest Rate   6.75%  
Initial Principal Funded   $ 5,900,000  
Village at Hanford Square [Member] | MRB and Taxable MRB Commitments [Member] | Series H [Member] | Hanford, CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   May 2023  
Units | Unit   100  
Maturity Date   May 01, 2030  
Interest Rate   6.65%  
Initial Principal Funded   $ 10,400,000  
Village Point [Member] | NJ [Member] | Mortgage Revenue Bonds [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Units | Unit   92  
Village Point [Member] | MRB and Taxable MRB Commitments [Member] | NJ [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   May 2023  
Units | Unit [6]   120  
Maturity Date   Jun. 01, 2030  
Interest Rate   6.88%  
Initial Principal Funded   $ 23,000,000  
40rty on Colony [Member] | MRB and Taxable MRB Commitments [Member] | Series P [Member] | La Mesa, CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   June 2023  
Units | Unit   40  
Maturity Date   Jun. 01, 2030  
Interest Rate   7.05%  
Initial Principal Funded   $ 5,950,000  
[1] The Partnership has committed to provide funding for the Series J-5 MRB totaling $5.0 million. See Note 16.
[2] The interest rate is subject to an all-in floor of 3.87%.
[3] The borrower re-allocated $11.5 million of previously provided funding from a taxable MRB to this new MRB during the acquisition and rehabilitation phase of the property. Upon stabilization of the property, the MRB will be partially repaid and the maximum balance of the MRB after stabilization will not exceed $5.0 million.
[4] The interest rate is subject to an all-in floor of 3.85%. Upon stabilization of the property, the interest rate will reset to a fixed rate based on the SOFR index plus 3.50% on or around the stabilization date.
[5] The investment was previously reported as the Anaheim & Walnut bond purchase commitment and has converted to an MRB.
[6] Village Point is a seniors housing property with 120 beds in 92 units