XML 45 R38.htm IDEA: XBRL DOCUMENT
v3.25.2

Variable Interest Entities (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Variable Interest Entities [Abstract] |
Variable Interest Entities Property Asset Carrying Value by Asset and Maximum Exposure | The following table summarizes the Partnership’s carrying value by asset and maximum exposure to loss associated with the variable interests as of June 30, 2025 and December 31, 2024:
|  | June 30, 2025 |  |  | December 31, 2024 |
|  | Carrying Value |  |  | Maximum Exposure to Loss |  |  | Carrying Value |  |  | Maximum Exposure to Loss |
Mortgage revenue bonds |  | $ | 219,427,480 |  |  | $ | 218,345,704 |  |  | $ | 207,170,395 |  |  | $ | 203,929,806 |
Taxable mortgage revenue bonds (reported within other assets) |  |  | 9,797,082 |  |  |  | 9,801,982 |  |  |  | 4,393,869 |  |  |  | 4,406,024 |
Governmental issuer loans |  |  | 109,757,835 |  |  |  | 109,757,835 |  |  |  | 203,999,628 |  |  |  | 203,999,628 |
Taxable governmental issuer loans (reported within other assets) |  |  | 37,598,972 |  |  |  | 37,598,972 |  |  |  | 14,157,672 |  |  |  | 14,157,672 |
Property loans |  |  | 39,824,000 |  |  |  | 39,824,000 |  |  |  | 42,210,000 |  |  |  | 42,210,000 |
Investments in unconsolidated entities |  |  | 153,654,233 |  |  |  | 153,654,233 |  |  |  | 179,409,869 |  |  |  | 179,409,869 |
|  | $ | 570,059,602 |  |  | $ | 568,982,726 |  |  | $ | 651,341,433 |  |  | $ | 648,112,999 |
Schedule of Assets and Liabilities of the Partnership Consolidated VIE | The following table summarizes the assets and liabilities of the Partnership’s consolidated VIEs as of June 30, 2025 and December 31, 2024:
|  | June 30, 2025 |  |  | December 31, 2024 |
Assets: |  |  |  |  |  |
Restricted cash |  | $ | 269,606 |  |  | $ | 771,606 |
Interest receivable, net |  |  | 6,561,685 |  |  |  | 7,089,580 |
Mortgage revenue bonds, at fair value |  |  | 1,002,197,870 |  |  |  | 1,013,847,272 |
Governmental issuer loans |  |  |  |  |  |
Governmental issuer loans |  |  | 121,857,835 |  |  |  | 219,702,222 |
Allowance for credit losses |  |  | (696,000 | ) |  |  | (1,038,000 | )
Governmental issuer loans, net |  |  | 121,161,835 |  |  |  | 218,664,222 |
Property loans |  |  |  |  |  |
Property loans |  |  | 46,074,000 |  |  |  | 48,460,000 |
Allowance for credit losses |  |  | (494,000 | ) |  |  | (547,000 | )
Property loans, net |  |  | 45,580,000 |  |  |  | 47,913,000 |
Real estate assets |  |  | 2,442,654 |  |  |  | 3,796,782 |
Other assets |  |  | 70,138,751 |  |  |  | 40,038,912 |
Total Assets |  | $ | 1,248,352,401 |  |  | $ | 1,332,121,374 |
Liabilities: |  |  |  |  |  |
Accounts payable, accrued expenses and other liabilities (1) |  | $ | 7,493,397 |  |  | $ | 8,285,369 |
Debt financing (2) |  |  | 1,034,838,877 |  |  |  | 1,098,530,865 |
Mortgages payable (3) |  |  | 310,220 |  |  |  | 1,664,347 |
Total Liabilities |  | $ | 1,042,642,494 |  |  | $ | 1,108,480,581 |
(1) Of the amounts reported, $4,821,967 and $5,112,036 are associated with VIEs where the creditor does not have recourse to the general credit of the Partnership as of June 30, 2025 and December 31, 2024, respectively. (2) Of the amounts reported, $333,543,878 and $364,099,866 are associated with VIEs where the creditor does not have recourse to the general credit of the Partnership as of June 30, 2025 and December 31, 2024, respectively. (3) The entire mortgages payable balance is associated with a VIE where the creditor does not have recourse to the general credit of the Partnership as of June 30, 2025 and December 31, 2024, respectively.

X
- Definition Variable Interest Entities [Abstract] + References No definition available. + Details
Name: | ghi_VariableInterestEntitiesAbstract
Namespace Prefix: | ghi_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Balance sheet classification of the Variable Interest Entity's (VIE) assets included in the statement of financial position of the reporting entity. This element is applicable for variable interests whether the reporting entity has a controlling financial interest (primary beneficiary) or not. [Table Text Block] + References No definition available. + Details
Name: | ghi_VariableInterestEntityClassificationOfCarryingAmountAssetsTableTextBlock
Namespace Prefix: | ghi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-5A Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-9 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-4 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481203/810-10-50-6 + Details
Name: | us-gaap_ScheduleOfVariableInterestEntitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration