2022 Q4 Form 10-K Financial Statement

#000095017023003950 Filed on February 23, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q1 2022
Revenue $22.03M $19.21M $81.07M
YoY Change 10.28% 33.49% 18.44%
Cost Of Revenue $11.71M $3.937M $30.46M
YoY Change 105.59% -24.67% 38.81%
Gross Profit $10.32M $15.27M $50.61M
YoY Change -27.73% 66.68% 8.82%
Gross Profit Margin 46.85% 79.5% 62.42%
Selling, General & Admin $6.630M $4.746M $22.19M
YoY Change 34.92% 10.55% 17.93%
% of Gross Profit 64.24% 31.08% 43.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $660.0K $683.7K $2.717M
YoY Change -3.46% 0.03% -0.57%
% of Gross Profit 6.4% 4.48% 5.37%
Operating Expenses $7.290M $5.430M $24.91M
YoY Change 9.32% 9.1% 4.44%
Operating Profit $3.175M $9.839M $25.70M
YoY Change -59.57% 40.7% 13.43%
Interest Expense $140.0K $16.44M $39.81M
YoY Change -52.3% 485.23% 156.5%
% of Operating Profit 4.41% 167.08% 154.9%
Other Income/Expense, Net
YoY Change
Pretax Income $3.170M $26.28M $65.51M
YoY Change -59.83% 275.78% 71.66%
Income Tax -$10.00K $14.91K -$51.19K
% Of Pretax Income -0.32% 0.06% -0.08%
Net Earnings $9.560M $26.26M $65.56M
YoY Change 21.73% 275.58% 72.08%
Net Earnings / Revenue 43.4% 136.75% 80.87%
Basic Earnings Per Share $0.09 $1.01 $2.62
Diluted Earnings Per Share $0.09 $1.193M $2.62
COMMON SHARES
Basic Shares Outstanding 22.25M
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q1 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $51.20M $118.3M $51.20M
YoY Change -25.02% 122.1% -25.02%
Cash & Equivalents $51.19M $118.3M $51.20M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $62.80M $125.3M $62.80M
YoY Change -18.97% 101.77% -18.97%
LONG-TERM ASSETS
Property, Plant & Equipment $36.55M $59.09M $36.60M
YoY Change -38.78% 1.21% -40.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $115.8M $107.7M $1.215B
YoY Change 7.42% 13.75% 11.91%
Other Assets $50.40M $46.43M $50.40M
YoY Change -41.39% -41.76% -41.39%
Total Long-Term Assets $1.504B $1.271B $1.504B
YoY Change 14.97% 12.47% 14.97%
TOTAL ASSETS
Total Short-Term Assets $62.80M $125.3M $62.80M
Total Long-Term Assets $1.504B $1.271B $1.504B
Total Assets $1.567B $1.396B $1.567B
YoY Change 13.08% 17.12% 13.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.200M $1.096M $1.200M
YoY Change -2.76% 900.61% -2.76%
Accrued Expenses $12.10M $9.344M $12.10M
YoY Change 15.42% 11.13% 15.42%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $164.5M $20.50M $164.5M
YoY Change 539.33% 296.84% 539.33%
Total Short-Term Liabilities $188.7M $40.60M $188.7M
YoY Change 275.9% 104.02% 275.9%
LONG-TERM LIABILITIES
Long-Term Debt $951.6M $918.8M $951.6M
YoY Change 9.77% 25.44% 9.77%
Other Long-Term Liabilities $8.400M $2.100M $8.400M
YoY Change 342.11% 31.25% 342.11%
Total Long-Term Liabilities $960.0M $918.8M $960.0M
YoY Change 10.74% 25.44% 10.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $188.7M $40.60M $188.7M
Total Long-Term Liabilities $960.0M $918.8M $960.0M
Total Liabilities $1.149B $961.6M $1.149B
YoY Change 24.99% 27.54% 24.99%
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 $418.4M $434.3M $418.4M
YoY Change
Total Liabilities & Shareholders Equity $1.567B $1.396B $1.567B
YoY Change 13.08% 17.12% 13.07%

Cashflow Statement

Concept 2022 Q4 2022 Q1 2022
OPERATING ACTIVITIES
Net Income $9.560M $26.26M $65.56M
YoY Change 21.73% 275.58% 72.08%
Depreciation, Depletion And Amortization $660.0K $683.7K $2.717M
YoY Change -3.46% 0.03% -0.57%
Cash From Operating Activities $1.410M $9.307M $21.13M
YoY Change -86.75% 24.81% -37.75%
INVESTING ACTIVITIES
Capital Expenditures $1.390M -$64.45K $1.810M
YoY Change -2860.68% 157.59% -1254.56%
Acquisitions
YoY Change
Other Investing Activities -$166.9M -$31.58M -$276.8M
YoY Change 35.84% 28.62% 47.77%
Cash From Investing Activities -$168.2M -$31.64M -$278.6M
YoY Change 36.91% 28.75% 48.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $46.53M $404.7M
YoY Change 3430.43% 1057.65%
Cash From Financing Activities 110.4M 32.86M 198.2M
YoY Change 23.54% 28.01% 8.61%
NET CHANGE
Cash From Operating Activities 1.410M 9.307M 21.13M
Cash From Investing Activities -168.2M -31.64M -278.6M
Cash From Financing Activities 110.4M 32.86M 198.2M
Net Change In Cash -56.41M 10.52M -59.30M
YoY Change 146.68% 23.08% -304.88%
FREE CASH FLOW
Cash From Operating Activities $1.410M $9.307M $21.13M
Capital Expenditures $1.390M -$64.45K $1.810M
Free Cash Flow $20.00K $9.372M $19.32M
YoY Change -99.81% 25.25% -43.34%

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FinancingReceivableAllowanceForCreditLossesRecovery
57124
CY2021 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-14800
CY2022 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
7187020
CY2021 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
21915
CY2022 us-gaap Restricted Stock Expense
RestrictedStockExpense
1531622
CY2021 us-gaap Restricted Stock Expense
RestrictedStockExpense
1277694
CY2022 ghi Amortization Of Bond Discount Premium And Origination Fee
AmortizationOfBondDiscountPremiumAndOriginationFee
-1880983
CY2021 ghi Amortization Of Bond Discount Premium And Origination Fee
AmortizationOfBondDiscountPremiumAndOriginationFee
-137520
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-40591
CY2021 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-40565
CY2022 ghi Deferred Income Tax Expense Benefit And Income Tax Payable Receivables
DeferredIncomeTaxExpenseBenefitAndIncomeTaxPayableReceivables
-120923
CY2021 ghi Deferred Income Tax Expense Benefit And Income Tax Payable Receivables
DeferredIncomeTaxExpenseBenefitAndIncomeTaxPayableReceivables
-166206
CY2022 ghi Change In Preferred Return Receivable From Unconsolidated Entity
ChangeInPreferredReturnReceivableFromUnconsolidatedEntity
2404641
CY2021 ghi Change In Preferred Return Receivable From Unconsolidated Entity
ChangeInPreferredReturnReceivableFromUnconsolidatedEntity
-4657928
CY2022 ghi Accrued Interest Added To Property Loan Principal
AccruedInterestAddedToPropertyLoanPrincipal
635226
CY2022 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
2316182
CY2021 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1099915
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
356241
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
349949
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3583565
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2831931
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
21127738
CY2021 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
156765
CY2021 us-gaap Proceeds From Sale Of Land Heldforinvestment
ProceedsFromSaleOfLandHeldforinvestment
110000
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
182726187
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
69672500
CY2022 ghi Acquisition Of And Advances On Taxable Mortgage Revenue Bonds
AcquisitionOfAndAdvancesOnTaxableMortgageRevenueBonds
13669857
CY2021 ghi Acquisition Of And Advances On Taxable Mortgage Revenue Bonds
AcquisitionOfAndAdvancesOnTaxableMortgageRevenueBonds
2000000
CY2022 ghi Advances On Governmental Issuer Loan
AdvancesOnGovernmentalIssuerLoan
115462985
CY2021 ghi Advances On Governmental Issuer Loan
AdvancesOnGovernmentalIssuerLoan
119903793
CY2022 ghi Advances On Taxable Governmental Issuer Loan
AdvancesOnTaxableGovernmentalIssuerLoan
7000000
CY2021 ghi Advances On Taxable Governmental Issuer Loan
AdvancesOnTaxableGovernmentalIssuerLoan
1000000
CY2022 ghi Payments For Property Loans
PaymentsForPropertyLoans
131118766
CY2021 ghi Payments For Property Loans
PaymentsForPropertyLoans
55738536
CY2022 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
34036247
CY2021 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
37780645
CY2022 ghi Proceeds From Sale Of Investment In An Unconsolidated Entity
ProceedsFromSaleOfInvestmentInAnUnconsolidatedEntity
66786694
CY2021 ghi Proceeds From Sale Of Investment In An Unconsolidated Entity
ProceedsFromSaleOfInvestmentInAnUnconsolidatedEntity
45281550
CY2022 ghi Proceeds From Return Of Investments In Unconsolidated Entities
ProceedsFromReturnOfInvestmentsInUnconsolidatedEntities
1462160
CY2021 ghi Proceeds From Return Of Investments In Unconsolidated Entities
ProceedsFromReturnOfInvestmentsInUnconsolidatedEntities
1476350
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
109034876
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
51710640
CY2022 ghi Proceeds From Taxable Mortgage Revenue Bonds
ProceedsFromTaxableMortgageRevenueBonds
10583
CY2021 ghi Proceeds From Taxable Mortgage Revenue Bonds
ProceedsFromTaxableMortgageRevenueBonds
9675
CY2022 ghi Proceeds From Property Loans
ProceedsFromPropertyLoans
30332123
CY2021 ghi Proceeds From Property Loans
ProceedsFromPropertyLoans
191264
CY2022 ghi Cost Incurred On Sale Of The5050 Mf Property
CostIncurredOnSaleOfThe5050MfProperty
403625
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-278599647
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-187472760
CY2022 ghi Payment Of Distributions To Partners
PaymentOfDistributionsToPartners
46628307
CY2021 ghi Payment Of Distributions To Partners
PaymentOfDistributionsToPartners
28650420
CY2021 ghi Repurchase Of Beneficial Unit Certificates
RepurchaseOfBeneficialUnitCertificates
1363736
CY2021 ghi Proceeds From Sale Of Beneficial Unit Certificates
ProceedsFromSaleOfBeneficialUnitCertificates
33321250
CY2021 ghi Payment Of Offering Costs Related To Sale Of Beneficial Unit Certificates
PaymentOfOfferingCostsRelatedToSaleOfBeneficialUnitCertificates
2081755
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
456127
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
301562
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
643402000
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
181394000
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
404666949
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
34955800
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
906481
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
850674
CY2021 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
15172445
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
22647446
CY2022 us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
137742000
CY2021 us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
70714000
CY2022 ghi Repayments Of Secured Lines Of Credit
RepaymentsOfSecuredLinesOfCredit
127956000
CY2021 ghi Repayments Of Secured Lines Of Credit
RepaymentsOfSecuredLinesOfCredit
25000000
CY2022 ghi Increase Decrease In Security Deposit Liability Related To Restricted Cash
IncreaseDecreaseInSecurityDepositLiabilityRelatedToRestrictedCash
-148851
CY2021 ghi Increase Decrease In Security Deposit Liability Related To Restricted Cash
IncreaseDecreaseInSecurityDepositLiabilityRelatedToRestrictedCash
89854
CY2022 ghi Proceeds From Exchange Of Redeemable Preferred Units
ProceedsFromExchangeOfRedeemablePreferredUnits
20000000
CY2022 ghi Payments For Exchange Of Redeemable Preferred Units
PaymentsForExchangeOfRedeemablePreferredUnits
20000000
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2204590
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2365663
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
198176695
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
182474493
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-59295214
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
28941884
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
151932470
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
122990586
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
92637256
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
151932470
CY2022 us-gaap Interest Paid Net
InterestPaidNet
32262815
CY2021 us-gaap Interest Paid Net
InterestPaidNet
19961390
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
69729
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
229998
CY2022 ghi Net Real Estate Operating Assets And Operating Liabilities Of The5050 Mf Property Sold For Noncash Consideration
NetRealEstateOperatingAssetsAndOperatingLiabilitiesOfThe5050MfPropertySoldForNoncashConsideration
22435371
CY2022 ghi Property Loan Received As Consideration For Sale Of The5050 Mf Property
PropertyLoanReceivedAsConsiderationForSaleOfThe5050MfProperty
4803620
CY2022 ghi Mortgages Payable Assumed By The Buyer Of The5050 Mf Property
MortgagesPayableAssumedByTheBuyerOfThe5050MfProperty
24228373
CY2022 ghi Deferred Gain Liability Recorded Upon Sale Of The5050 Mf Property
DeferredGainLiabilityRecordedUponSaleOfThe5050MfProperty
6596622
CY2022 ghi Distributions Declared But Not Paid For Beneficial Unit Certificates And General Partner
DistributionsDeclaredButNotPaidForBeneficialUnitCertificatesAndGeneralPartner
10899677
CY2021 ghi Distributions Declared But Not Paid For Beneficial Unit Certificates And General Partner
DistributionsDeclaredButNotPaidForBeneficialUnitCertificatesAndGeneralPartner
12757459
CY2022 ghi Exchange Of Redeemable Preferred Units
ExchangeOfRedeemablePreferredUnits
10000000
CY2022 ghi Distributions Declared But Not Paid For Preferred Units
DistributionsDeclaredButNotPaidForPreferredUnits
708750
CY2021 ghi Distributions Declared But Not Paid For Preferred Units
DistributionsDeclaredButNotPaidForPreferredUnits
708750
CY2021 ghi Investment In Previously Unconsolidated Entity Consolidated As Land
InvestmentInPreviouslyUnconsolidatedEntityConsolidatedAsLand
970615
CY2021 ghi Debt From Previously Unconsolidated Entity Consolidated As Mortgage Payable
DebtFromPreviouslyUnconsolidatedEntityConsolidatedAsMortgagePayable
1690000
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
565614
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
686287
CY2022 ghi Deferred Financing Costs Financed Through Accounts Payable
DeferredFinancingCostsFinancedThroughAccountsPayable
117400
CY2021 ghi Deferred Financing Costs Financed Through Accounts Payable
DeferredFinancingCostsFinancedThroughAccountsPayable
131678
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
51188416
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
68285501
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
41448840
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
83646969
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
92637256
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
151932470
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2022Q4 ghi Real Estate Ownership Percentage
RealEstateOwnershipPercentage
1
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;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:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Use of Estimates in Preparation of Consolidated Financial Statements</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:12.0pt;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:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The </span><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:&quot;Times New Roman&quot;, serif;min-width:fit-content;">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 most significant estimates and assumptions include those used in determining: (i) the fair value of MRBs and taxable MRBs; (ii) investment impairments; (iii) impairment of real estate assets; and (iv) allowances for loan losses.</span></p>
CY2022 ghi Increase In Short Term Interest Rates In Basis Points
IncreaseInShortTermInterestRatesInBasisPoints
0.0425
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;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:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Concentration of Credit Risk</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:12.0pt;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:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The </span><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:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Partnership maintains the majority of its unrestricted cash balances at three financial institutions. The balances insured by the Federal Deposit Insurance Corporation are equal to $250,000 at each institution. At various times the cash balances have exceeded the $</span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;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:&quot;Times New Roman&quot;, serif;min-width:fit-content;">250,000</span><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:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> limit. The Partnership may from time to time invest in short-term investment grade securities. The Partnership is exposed to risk on its short-term investments in the event of non-performance by counterparties, though such risk is minimal and the Partnership does not anticipate any non-performance.</span></p>
CY2022Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0
CY2022 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
1.709
CY2021 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
1.469
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2022Q4 ghi Number Of Variable Interest Entities
NumberOfVariableInterestEntities
35
CY2021Q4 ghi Number Of Variable Interest Entities
NumberOfVariableInterestEntities
30
CY2022Q4 ghi Available For Sale Security And Property Loan Receivable Maximum Exposure
AvailableForSaleSecurityAndPropertyLoanReceivableMaximumExposure
667698183
CY2021Q4 ghi Available For Sale Security And Property Loan Receivable Maximum Exposure
AvailableForSaleSecurityAndPropertyLoanReceivableMaximumExposure
393880548
CY2021 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1900000
CY2022Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
103447000
CY2021Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
60282000
CY2021Q3 ghi Redemption Of Contingent Interest Income
RedemptionOfContingentInterestIncome
1800000
CY2022Q4 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
771014252
CY2021Q4 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
697713691
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
48213994
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11663516
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
36550478
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
80409554
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
20701922
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
59707632
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
115790841
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
107793522
CY2022 us-gaap Proceeds From Divestiture Of Real Estate Partnership
ProceedsFromDivestitureOfRealEstatePartnership
69769699
CY2022 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
659132
CY2022 ghi Gain Or Loss On Sale Of Investment In Unconsolidated Entity
GainOrLossOnSaleOfInvestmentInUnconsolidatedEntity
39805285
CY2021 us-gaap Proceeds From Divestiture Of Real Estate Partnership
ProceedsFromDivestitureOfRealEstatePartnership
55425711
CY2021 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
4614160
CY2021 ghi Gain Or Loss On Sale Of Investment In Unconsolidated Entity
GainOrLossOnSaleOfInvestmentInUnconsolidatedEntity
15520749
CY2022 us-gaap Real Estate Investment Partnership Revenue
RealEstateInvestmentPartnershipRevenue
22048926
CY2021 us-gaap Real Estate Investment Partnership Revenue
RealEstateInvestmentPartnershipRevenue
24501799
CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
87602712
CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
42792935
CY2022 us-gaap Net Income Loss From Real Estate Investment Partnership
NetIncomeLossFromRealEstateInvestmentPartnership
83943337
CY2021 us-gaap Net Income Loss From Real Estate Investment Partnership
NetIncomeLossFromRealEstateInvestmentPartnership
37836191
CY2022Q4 ghi Property Loan Receivable Gross
PropertyLoanReceivableGross
175604711
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
495000
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
175109711
CY2021Q4 ghi Property Loan Receivable Gross
PropertyLoanReceivableGross
76850616
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
8749348
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
68101268
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
8749348
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
8305046
CY2021 ghi Provision For Property Loan Loss
ProvisionForPropertyLoanLoss
444302
CY2022 us-gaap Allowance For Loan And Lease Losses Writeoffs Net
AllowanceForLoanAndLeaseLossesWriteoffsNet
-7393815
CY2022 us-gaap Allowance For Loan And Lease Losses Adjustments Net
AllowanceForLoanAndLeaseLossesAdjustmentsNet
-860533
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
495000
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
8749348
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0
CY2021Q4 ghi Liability For Uncertain Tax Positions
LiabilityForUncertainTaxPositions
0
CY2022Q4 ghi Liability For Uncertain Tax Positions
LiabilityForUncertainTaxPositions
0
CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0
CY2022Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0
CY2022Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
964266
CY2021Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
1349097
CY2022Q4 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
7530438
CY2021Q4 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
343418
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
16531896
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
3428443
CY2022Q4 ghi Taxable Governmental Issuer Loan Held In Trust
TaxableGovernmentalIssuerLoanHeldInTrust
8000000
CY2021Q4 ghi Taxable Governmental Issuer Loan Held In Trust
TaxableGovernmentalIssuerLoanHeldInTrust
1000000
CY2022Q4 ghi Long Term Purchase Commitments Fair Value
LongTermPurchaseCommitmentsFairValue
98929
CY2021Q4 ghi Long Term Purchase Commitments Fair Value
LongTermPurchaseCommitmentsFairValue
964404
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1619714
CY2022Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
2649138
CY2021Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
2157809
CY2022Q4 us-gaap Other Assets
OtherAssets
35774667
CY2021Q4 us-gaap Other Assets
OtherAssets
10862885
CY2022Q4 ghi Taxable Mortgage Revenue Bonds With Fair Value Held In Trust
TaxableMortgageRevenueBondsWithFairValueHeldInTrust
9.0
CY2022Q4 ghi Taxable Mortgage Revenue Bond Initial Principal Acquired
TaxableMortgageRevenueBondInitialPrincipalAcquired
7605000
CY2022Q4 ghi Taxable Governmental Issuer Loans Initial Principal Acquired
TaxableGovernmentalIssuerLoansInitialPrincipalAcquired
3000000
CY2022Q4 ghi Commitment Of Taxable Mortgage Revenue Bond And Governmental Issuer Loans
CommitmentOfTaxableMortgageRevenueBondAndGovernmentalIssuerLoans
23073000
CY2022Q4 us-gaap Accounts Payable Current And Noncurrent
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CY2022 dei Auditor Firm
AuditorFirmId
238

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