2022 Q2 Form 10-Q Financial Statement

#000095017022014495 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2021 Q4 2021 Q2
Revenue $17.23M $19.98M $16.41M
YoY Change 5.04% 48.26% 13.32%
Cost Of Revenue $6.777M $5.696M $5.358M
YoY Change 26.48% 9.47% 9.59%
Gross Profit $10.46M $14.28M $11.05M
YoY Change -5.36% 72.66% 15.22%
Gross Profit Margin 60.67% 71.49% 67.34%
Selling, General & Admin $4.787M $4.914M $4.224M
YoY Change 13.33% 6.09% 14.15%
% of Gross Profit 45.79% 34.41% 38.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $684.4K $683.7K $684.9K
YoY Change -0.08% 2.22% -3.82%
% of Gross Profit 6.55% 4.79% 6.2%
Operating Expenses $5.472M $6.669M $6.140M
YoY Change -10.88% -10.29% 25.87%
Operating Profit $4.984M $7.854M $10.26M
YoY Change -51.44% 883.24% 123.71%
Interest Expense $12.64M $293.5K $5.463M
YoY Change 131.42%
% of Operating Profit 253.67% 3.74% 53.23%
Other Income/Expense, Net
YoY Change
Pretax Income $17.63M $7.891M $10.37M
YoY Change 69.95% 842.12% 121.33%
Income Tax $21.05K $36.99K $107.7K
% Of Pretax Income 0.12% 0.47% 1.04%
Net Earnings $17.61M $7.854M $10.26M
YoY Change 71.53% 883.24% 123.71%
Net Earnings / Revenue 102.17% 39.31% 62.56%
Basic Earnings Per Share $0.75 $0.31 $0.40
Diluted Earnings Per Share $0.75 $357.1K $0.40
COMMON SHARES
Basic Shares Outstanding 22.02M 0.000
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q2 2021 Q4 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $104.6M $68.29M $52.07M
YoY Change 100.84% 53.47% 44.05%
Cash & Equivalents $104.6M $68.29M $52.07M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $112.5M $77.50M $61.90M
YoY Change 81.74% 47.06% 41.97%
LONG-TERM ASSETS
Property, Plant & Equipment $58.58M $59.71M $63.33M
YoY Change -7.51% 1.13% 5.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $107.9M $107.8M $91.79M
YoY Change 17.57% 0.86% 0.16%
Other Assets $47.14M $86.00M $86.10M
YoY Change -45.25% 9.01% 6711.76%
Total Long-Term Assets $1.329B $1.308B $1.172B
YoY Change 13.42% 16.56% 17.81%
TOTAL ASSETS
Total Short-Term Assets $112.5M $77.50M $61.90M
Total Long-Term Assets $1.329B $1.308B $1.172B
Total Assets $1.442B $1.386B $1.234B
YoY Change 16.84% 17.92% 18.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $878.7K $1.234M $333.3K
YoY Change 163.64% 1203.59% 8.27%
Accrued Expenses $10.69M $10.48M $8.647M
YoY Change 23.67% 25.74% 28.2%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.207M $25.73M $3.496M
YoY Change 48.97% 81.14% -84.06%
Total Short-Term Liabilities $29.80M $50.20M $20.50M
YoY Change 45.37% 90.87% -37.12%
LONG-TERM LIABILITIES
Long-Term Debt $991.9M $866.9M $771.5M
YoY Change 28.57% 25.05% 37.25%
Other Long-Term Liabilities $1.800M $1.900M $1.700M
YoY Change 5.88% 26.67% 21.43%
Total Long-Term Liabilities $991.9M $866.9M $771.5M
YoY Change 28.57% 25.05% 37.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.80M $50.20M $20.50M
Total Long-Term Liabilities $991.9M $866.9M $771.5M
Total Liabilities $1.024B $919.0M $793.7M
YoY Change 28.95% 27.46% 33.14%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $418.3M $466.9M $440.2M
YoY Change
Total Liabilities & Shareholders Equity $1.442B $1.386B $1.234B
YoY Change 16.84% 17.92% 18.83%

Cashflow Statement

Concept 2022 Q2 2021 Q4 2021 Q2
OPERATING ACTIVITIES
Net Income $17.61M $7.854M $10.26M
YoY Change 71.53% 883.24% 123.71%
Depreciation, Depletion And Amortization $684.4K $683.7K $684.9K
YoY Change -0.08% 2.22% -3.82%
Cash From Operating Activities $5.009M $10.64M $8.106M
YoY Change -38.2% 232.54% 22.87%
INVESTING ACTIVITIES
Capital Expenditures -$159.0K -$50.35K -$2.498M
YoY Change -93.63% -48.12% 8041.07%
Acquisitions
YoY Change
Other Investing Activities -$64.66M -$122.8M -$29.19M
YoY Change 121.5% 1471.1% -28.55%
Cash From Investing Activities -$64.81M -$122.9M -$31.69M
YoY Change 104.54% 1452.47% -22.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 46.97M 89.37M 27.91M
YoY Change 68.28% -3341.7% -21.72%
NET CHANGE
Cash From Operating Activities 5.009M 10.64M 8.106M
Cash From Investing Activities -64.81M -122.9M -31.69M
Cash From Financing Activities 46.97M 89.37M 27.91M
Net Change In Cash -12.84M -22.87M 4.329M
YoY Change -396.57% 206.04% 216.9%
FREE CASH FLOW
Cash From Operating Activities $5.009M $10.64M $8.106M
Capital Expenditures -$159.0K -$50.35K -$2.498M
Free Cash Flow $5.168M $10.69M $10.60M
YoY Change -51.26% 224.28% 59.99%

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atax Gain Or Loss On Sale Of Investment In Unconsolidated Entity
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us-gaap Amortization Of Debt Discount Premium
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atax Deferred Income Tax Expense Benefit And Income Tax Payable Receivables
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atax Change In Preferred Return Receivable From Unconsolidated Entity
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atax Change In Preferred Return Receivable From Unconsolidated Entity
ChangeInPreferredReturnReceivableFromUnconsolidatedEntity
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atax Accrued Interest Added To Property Loan Principal
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atax Proceeds From Sale Of Investment In Unconsolidated Entity
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atax Proceeds From Sale Of Investment In Unconsolidated Entity
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Other Property Plant And Equipment
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us-gaap Payments To Acquire Available For Sale Securities Debt
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us-gaap Payments To Acquire Available For Sale Securities Debt
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atax Acquisition Of And Advances On Taxable Mortgage Revenue Bonds
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atax Advances On Governmental Issuer Loan
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atax Advances On Governmental Issuer Loan
AdvancesOnGovernmentalIssuerLoan
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atax Advances On Taxable Governmental Issuer Loan
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atax Payments For Property Loans
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us-gaap Payments For Advance To Affiliate
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ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
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atax Proceeds From Taxable Mortgage Revenue Bonds
ProceedsFromTaxableMortgageRevenueBonds
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atax Proceeds From Taxable Mortgage Revenue Bonds
ProceedsFromTaxableMortgageRevenueBonds
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atax Proceeds From Property Loans
ProceedsFromPropertyLoans
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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atax Payment Of Distributions To Partners
PaymentOfDistributionsToPartners
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atax Payment Of Distributions To Partners
PaymentOfDistributionsToPartners
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atax Repurchase Of Beneficial Unit Certificates
RepurchaseOfBeneficialUnitCertificates
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Repayments Of Debt
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us-gaap Proceeds From Secured Lines Of Credit
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atax Repayments Of Secured Lines Of Credit
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atax Increase Decrease In Security Deposit Liability Related To Restricted Cash
IncreaseDecreaseInSecurityDepositLiabilityRelatedToRestrictedCash
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atax Increase Decrease In Security Deposit Liability Related To Restricted Cash
IncreaseDecreaseInSecurityDepositLiabilityRelatedToRestrictedCash
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atax Proceeds From Exchange Of Redeemable Preferred Units
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us-gaap Payments Of Financing Costs
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us-gaap Payments Of Financing Costs
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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us-gaap Proceeds From Divestiture Of Real Estate Partnership
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us-gaap Investment Income Interest And Dividend
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
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IncomeTaxesPaid
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us-gaap Income Taxes Paid
IncomeTaxesPaid
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atax Distributions Declared But Not Paid For Beneficial Unit Certificates And General Partner
DistributionsDeclaredButNotPaidForBeneficialUnitCertificatesAndGeneralPartner
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atax Distributions Declared But Not Paid For Preferred Units
DistributionsDeclaredButNotPaidForPreferredUnits
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atax Distributions Declared But Not Paid For Preferred Units
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atax Investment In Previously Unconsolidated Entity Consolidated As Land
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CapitalExpendituresIncurredButNotYetPaid
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us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
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atax Deferred Financing Costs Financed Through Accounts Payable
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atax Deferred Financing Costs Financed Through Accounts Payable
DeferredFinancingCostsFinancedThroughAccountsPayable
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CY2021Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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atax Number Of Partnership Preferred Units
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us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Estimates and assumptions</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires the Partnership to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The accompanying interim unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted in accordance with such SEC rules and regulations, although the Partnership believes that the disclosures are adequate to make the information presented not misleading.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">The Partnership’s condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Partnership’s Annual Report on Form 10-K for the year ended December 31, 2021. These condensed consolidated financial statements and notes have been prepared consistently with the 2021 Form 10-K. In the opinion of management, all adjustments (consisting of normal and recurring accruals) necessary to present fairly the Partnership’s financial position as of June 30, 2022, and the results of operations for the interim periods presented, have been made. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year. The accompanying condensed consolidated balance sheet as of December 31, 2021 was derived from the audited annual consolidated financial statements but does not contain all the footnote disclosures from the annual consolidated financial statements.</span></p>
atax Gain Or Loss On Sale Of Investment In Unconsolidated Entity
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us-gaap Related Party Transaction Amounts Of Transaction
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atax Rate For Administration Fees
RateForAdministrationFees
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atax Rate For Administration Fees
RateForAdministrationFees
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CY2022Q2 atax Rate For Administration Fees
RateForAdministrationFees
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WeightedAverageNumberDilutedSharesOutstandingAdjustment
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CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2022Q2 atax Number Of Variable Interest Entities
NumberOfVariableInterestEntities
30
CY2021Q4 atax Number Of Variable Interest Entities
NumberOfVariableInterestEntities
30
CY2022Q2 atax Available For Sale Security And Property Loan Receivable Maximum Exposure
AvailableForSaleSecurityAndPropertyLoanReceivableMaximumExposure
529850460
CY2021Q4 atax Available For Sale Security And Property Loan Receivable Maximum Exposure
AvailableForSaleSecurityAndPropertyLoanReceivableMaximumExposure
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CY2022Q2 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
20307000
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PropertyPlantAndEquipmentGross
80633543
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CY2022Q2 us-gaap Property Plant And Equipment Net
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58575520
CY2021Q4 us-gaap Property Plant And Equipment Gross
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CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
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us-gaap Proceeds From Divestiture Of Real Estate Partnership
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us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
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atax Gain Or Loss On Sale Of Investment In Unconsolidated Entity
GainOrLossOnSaleOfInvestmentInUnconsolidatedEntity
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CY2021Q2 us-gaap Real Estate Investment Partnership Revenue
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us-gaap Real Estate Investment Partnership Revenue
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us-gaap Real Estate Investment Partnership Revenue
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CY2021Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
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us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
64603222
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
24626692
CY2022Q2 us-gaap Net Income Loss From Real Estate Investment Partnership
NetIncomeLossFromRealEstateInvestmentPartnership
26406563
CY2021Q2 us-gaap Net Income Loss From Real Estate Investment Partnership
NetIncomeLossFromRealEstateInvestmentPartnership
13579814
us-gaap Net Income Loss From Real Estate Investment Partnership
NetIncomeLossFromRealEstateInvestmentPartnership
65137125
us-gaap Net Income Loss From Real Estate Investment Partnership
NetIncomeLossFromRealEstateInvestmentPartnership
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CY2022Q2 atax Property Loan Receivable Gross
PropertyLoanReceivableGross
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CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
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CY2022Q2 us-gaap Notes Receivable Net
NotesReceivableNet
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CY2021Q4 atax Property Loan Receivable Gross
PropertyLoanReceivableGross
76850616
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
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CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
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CY2022Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
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CY2021Q1 us-gaap Loans And Leases Receivable Allowance
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CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
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CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
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CY2021Q2 atax Provision For Property Loan Loss
ProvisionForPropertyLoanLoss
330116
atax Provision For Property Loan Loss
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us-gaap Allowance For Loan And Lease Losses Adjustments Net
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CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7888815
CY2021Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
8635162
CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7888815
CY2021Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
8635162
atax Termination Occur Due To Percentage Decrease By Partners Net Assets In Over One Year
TerminationOccurDueToPercentageDecreaseByPartnersNetAssetsInOverOneYear
0.35
CY2021Q2 atax Rate For Administration Fees
RateForAdministrationFees
0.0045
atax Percentage Of Referral Fee To Be Received In Original Principal Amount
PercentageOfReferralFeeToBeReceivedInOriginalPrincipalAmount
0.0025
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0
CY2022Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
1093441
CY2021Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
1349097
CY2022Q2 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
3983717
CY2021Q4 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
343418
CY2022Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
11457256
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
3428443
CY2022Q2 atax Taxable Governmental Issuer Loan Held In Trust
TaxableGovernmentalIssuerLoanHeldInTrust
1000000
CY2021Q4 atax Taxable Governmental Issuer Loan Held In Trust
TaxableGovernmentalIssuerLoanHeldInTrust
1000000
CY2022Q2 atax Long Term Purchase Commitments Fair Value
LongTermPurchaseCommitmentsFairValue
8953
CY2021Q4 atax Long Term Purchase Commitments Fair Value
LongTermPurchaseCommitmentsFairValue
964404
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1605257
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1619714
CY2022Q2 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1826894
CY2021Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
2157809
CY2022Q2 us-gaap Other Assets
OtherAssets
20975518
CY2021Q4 us-gaap Other Assets
OtherAssets
10862885
CY2022Q2 atax Taxable Mortgage Revenue Bonds With Fair Value Held In Trust
TaxableMortgageRevenueBondsWithFairValueHeldInTrust
10200000
CY2022Q2 atax Taxable Mortgage Revenue Bond Initial Principal Acquired
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4625000
atax Tax Exempt Loan Maturity Periods
TaxExemptLoanMaturityPeriods
P6M
CY2022Q2 atax Percentage Of Referral Fee To Be Received In Original Principal Amount
PercentageOfReferralFeeToBeReceivedInOriginalPrincipalAmount
0.0025
CY2021Q4 atax Debt Financing Liabilities Net
DebtFinancingLiabilitiesNet
820078714
atax Termination Occur Due To Percentage Decrease By Partners Net Assets In One Quarter
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0.25
CY2022Q2 us-gaap Accounts Payable Current And Noncurrent
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878721
CY2021Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
1234111
CY2022Q2 us-gaap Accrued Liabilities Current And Noncurrent
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3368183
CY2021Q4 us-gaap Accrued Liabilities Current And Noncurrent
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4102381
CY2022Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
5173155
CY2021Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
4229119
CY2022Q2 us-gaap Operating Lease Liability
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2152705
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2151991
CY2022Q2 us-gaap Other Liabilities
OtherLiabilities
1805084
CY2021Q4 us-gaap Other Liabilities
OtherLiabilities
1946610
CY2022Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
13377848
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
13664212
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
71084
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
143561
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
144706
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
147598
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
150548
CY2022Q2 atax Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
4219127
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4876624
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2723919
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
2152705
CY2022Q2 atax Debt Financing Liabilities Net
DebtFinancingLiabilitiesNet
931329342
CY2022Q2 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
3200000
atax Rate For Administration Fees
RateForAdministrationFees
0.0045
atax Debt Instrument Redemption Paydown Applied
DebtInstrumentRedemptionPaydownApplied
36644000
CY2022Q2 atax Debt Financing Current Maturities
DebtFinancingCurrentMaturities
3078098
CY2022Q2 atax Debt Financing Maturities Repayment Of Principal In Year Two
DebtFinancingMaturitiesRepaymentOfPrincipalInYearTwo
262612816
CY2022Q2 atax Debt Financing Maturities Repayments Of Principal In Year Three
DebtFinancingMaturitiesRepaymentsOfPrincipalInYearThree
312873151
CY2022Q2 atax Debt Financing Maturities Repayments Of Principal In Year Four
DebtFinancingMaturitiesRepaymentsOfPrincipalInYearFour
119649589
CY2022Q2 atax Debt Financing Maturities Repayments Of Principal In Year Five
DebtFinancingMaturitiesRepaymentsOfPrincipalInYearFive
4023863
CY2022Q2 atax Debt Financing Maturities Repayments Of Principal After Year Five
DebtFinancingMaturitiesRepaymentsOfPrincipalAfterYearFive
232646017
CY2022Q2 atax Debt Financing Carrying Value
DebtFinancingCarryingValue
934883534
CY2022Q2 atax Debt Unamortized Deferred Financing Costs And Premium
DebtUnamortizedDeferredFinancingCostsAndPremium
3554192
CY2022Q2 atax Debt Financing Liabilities Net
DebtFinancingLiabilitiesNet
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CY2022Q2 us-gaap Long Term Debt
LongTermDebt
26361190
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
26824543
CY2022Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0443
CY2022Q2 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
3585437
CY2022Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
225064
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
292328
CY2022Q2 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
102900000
CY2022Q2 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
173217
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
51090
CY2022Q2 atax Partnerships Commitments Amount
PartnershipsCommitmentsAmount
537644843
CY2022Q2 atax Remaining Partnerships Commitments Amount
RemainingPartnershipsCommitmentsAmount
286148503
us-gaap Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
9450000
us-gaap Partners Capital Account Private Placement Of Units
PartnersCapitalAccountPrivatePlacementOfUnits
94500000
atax Rate For Administration Fees
RateForAdministrationFees
0.0045
CY2022Q2 atax Reimbursement Of Franchise Margin Taxes Paid On Behalf Of Unconsolidated Entities
ReimbursementOfFranchiseMarginTaxesPaidOnBehalfOfUnconsolidatedEntities
156000
CY2021Q2 atax Reimbursement Of Franchise Margin Taxes Paid On Behalf Of Unconsolidated Entities
ReimbursementOfFranchiseMarginTaxesPaidOnBehalfOfUnconsolidatedEntities
16000
atax Reimbursement Of Franchise Margin Taxes Paid On Behalf Of Unconsolidated Entities
ReimbursementOfFranchiseMarginTaxesPaidOnBehalfOfUnconsolidatedEntities
175000
atax Reimbursement Of Franchise Margin Taxes Paid On Behalf Of Unconsolidated Entities
ReimbursementOfFranchiseMarginTaxesPaidOnBehalfOfUnconsolidatedEntities
27000
CY2022Q2 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
108000
CY2022Q2 atax Rate For Administration Fees
RateForAdministrationFees
0.0045
CY2021Q2 atax Rate For Administration Fees
RateForAdministrationFees
0.0045
CY2022Q2 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
171000
CY2021Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
149000
CY2022Q2 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
474000
CY2021Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
417000
CY2022Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
742728923
CY2021Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
798246109
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2022Q2 us-gaap Revenues
Revenues
17232967
CY2021Q2 us-gaap Revenues
Revenues
16406496
us-gaap Revenues
Revenues
36439338
us-gaap Revenues
Revenues
30793984
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-6776966
CY2021Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-5358096
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-10714097
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-10584571
CY2022Q2 us-gaap Depreciation
Depreciation
684362
CY2021Q2 us-gaap Depreciation
Depreciation
684884
us-gaap Depreciation
Depreciation
1368024
us-gaap Depreciation
Depreciation
1368344
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
17606681
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
10264680
us-gaap Net Income Loss
NetIncomeLoss
43870699
us-gaap Net Income Loss
NetIncomeLoss
17257534
CY2022Q2 us-gaap Assets
Assets
1441846671
CY2021Q4 us-gaap Assets
Assets
1385909483

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