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Property Loans - Summary of Partnership's Property Loans, Net of Allowances for Credit Losses (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Accounts Notes And Loans Receivable [Line Items]      
Property loan receivable, outstanding balance $ 57,064,611 $ 122,556,204  
Asset-Specific Allowance for Credit Losses (495,000) (495,000)  
Property Loan Principal, net of allowance 56,569,611 122,061,204  
Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Property loan receivable, outstanding balance 7,830,000 [1] 81,585,296 [2]  
Property Loan Principal, net of allowance 7,830,000 [1] 81,585,296 [2]  
Mezzanine Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Property loan receivable, outstanding balance [3] 40,630,000    
Property Loan Principal, net of allowance [3] 40,630,000    
Other [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Property loan receivable, outstanding balance 8,604,611 6,925,908  
Asset-Specific Allowance for Credit Losses (495,000) (495,000)  
Property Loan Principal, net of allowance $ 8,109,611 $ 6,430,908  
Legacy Commons at Signal Hills [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date [2]   Feb. 01, 2024  
Property loan receivable, outstanding balance [2]   $ 32,233,972  
Property Loan Principal, net of allowance [2]   $ 32,233,972  
Legacy Commons at Signal Hills [Member] | SOFR [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Interest Rate [2]   3.07%  
Magnolia Heights [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date [2]   Jul. 01, 2024  
Property loan receivable, outstanding balance [2]   $ 8,118,546  
Property Loan Principal, net of allowance [2]   $ 8,118,546  
Magnolia Heights [Member] | SOFR [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Interest Rate [2]   3.85%  
Osprey Village [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date [2]   Aug. 01, 2024  
Property loan receivable, outstanding balance [2]   $ 14,998,296  
Property Loan Principal, net of allowance [2]   $ 14,998,296  
Osprey Village [Member] | SOFR [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Interest Rate [2]   3.07%  
Osprey Village Supplemental [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date [2]   Aug. 01, 2024  
Property loan receivable, outstanding balance [2]   $ 4,600,000  
Property Loan Principal, net of allowance [2]   $ 4,600,000  
Osprey Village Supplemental [Member] | LIBOR [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Interest Rate [2]   3.22%  
Sandy Creek Apartments [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date Sep. 01, 2026 [1] Sep. 01, 2026 [2]  
Interest Rate [1],[4] 8.63%    
Property loan receivable, outstanding balance $ 7,830,000 [1] $ 2,419,876 [2]  
Property Loan Principal, net of allowance $ 7,830,000 [1] $ 2,419,876 [2]  
Sandy Creek Apartments [Member] | SOFR [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Interest Rate [2],[5]   8.63%  
Willow Place Apartments [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date [2]   Oct. 01, 2024  
Property loan receivable, outstanding balance [2]   $ 18,875,606  
Property Loan Principal, net of allowance [2]   $ 18,875,606  
Willow Place Apartments [Member] | SOFR [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Interest Rate [2]   3.30%  
Willow Place Apartments Supplemental [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date [2]   Oct. 01, 2024  
Property loan receivable, outstanding balance [2]   $ 339,000  
Property Loan Principal, net of allowance [2]   $ 339,000  
Willow Place Apartments Supplemental [Member] | SOFR [Member] | Senior Construction Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Interest Rate [2]   3.45%  
SoLa Impact Opportunity Zone Fund [Member] | Mezzanine Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date Dec. 30, 2025 [3] Dec. 30, 2024 [6]  
Interest Rate 7.875% [3] 7.875% [6]  
Property loan receivable, outstanding balance $ 33,380,000 [3] $ 34,045,000 [6]  
Property Loan Principal, net of allowance $ 33,380,000 [3] 34,045,000 [6]  
The Centurion Foundation [Member] | Mezzanine Financing [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date [3] Jun. 15, 2039    
Interest Rate [3] 10.50%    
Property loan receivable, outstanding balance [3] $ 7,250,000    
Property Loan Principal, net of allowance [3] 7,250,000    
The 50/50 MF Property [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Property loan receivable, outstanding balance $ 7,100,000 $ 6,000,000  
Property Loan Principal, net of allowance     $ 4,800,000
The 50/50 MF Property [Member] | Other [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date Mar. 11, 2048 Mar. 11, 2048  
Interest Rate 9.00% 9.00%  
Property loan receivable, outstanding balance $ 7,109,611 $ 5,977,314  
Property Loan Principal, net of allowance 7,109,611 $ 5,977,314  
Avistar (February 2013 Portfolio) [Member] | Other [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date   Jun. 26, 2024  
Interest Rate   12.00%  
Property loan receivable, outstanding balance   $ 201,972  
Property Loan Principal, net of allowance   $ 201,972  
Avistar (June 2013 Portfolio) [Member] | Other [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date   Jun. 26, 2024  
Interest Rate   12.00%  
Property loan receivable, outstanding balance   $ 251,622  
Property Loan Principal, net of allowance   251,622  
Live 929 Apartments [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Property loan receivable, outstanding balance $ 495,000 $ 495,000  
Live 929 Apartments [Member] | Other [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date Jul. 31, 2049 Jul. 31, 2049  
Interest Rate 8.00% 8.00%  
Property loan receivable, outstanding balance $ 495,000 $ 495,000  
Asset-Specific Allowance for Credit Losses $ (495,000) $ (495,000)  
Sandoval Flats [Member] | Other [Member]      
Accounts Notes And Loans Receivable [Line Items]      
Maturity Date [7] Dec. 01, 2027    
Interest Rate [7] 7.48%    
Property loan receivable, outstanding balance [7] $ 1,000,000    
Property Loan Principal, net of allowance [7] $ 1,000,000    
[1] The property loans are held in trust in connection with TOB trust financings (Note 13). The property loans and associated GILs are on parity and share a first mortgage lien position on all real and personal property associated with the underlying property. Affiliates of the borrowers have guaranteed limited-to-full payment of principal and accrued interest on the property loans. The borrowers may elect to extend the maturity dates by six months upon meeting certain conditions, which may include payment of a non-refundable extension fee.
[2] The property loans are held in trust in connection with TOB trust financings (Note 13) with the exception of the Osprey Village Supplemental and Willow Place Apartments Supplemental property loans. The property loans and associated GILs are on parity and share a first mortgage lien position on all real and personal property associated with the underlying property. Affiliates of the borrowers have guaranteed limited-to-full payment of principal and accrued interest on the property loans. The borrowers may elect to extend the maturity dates for periods ranging between six and twelve months upon meeting certain conditions, which may include payment of a non-refundable extension fee. The variable index interest rate components are typically subject to floors that range from 0% to 0.50%.
[3] The property loans are held in trust in connection with TOB trust financings (Note 13).
[4] The interest rate will convert to a variable rate of Term SOFR + 3.35% on February 1, 2025.
[5] The interest rate will convert to a variable rate of Term SOFR + 3.35% on February 1, 2025.
[6] The property loan is held in trust in connection with a TOB trust financing (Note 13).
[7] The Sandoval Flats property loan was considered to be held-for-sale and reported at fair value, which approximated amortized cost as of December 31, 2024. The Partnership expects to sell the GIL into the Construction Lending JV in the future.