$GHI
Greystone Housing Impact Investors LP

2017 Q2 Form 10-Q Financial Statement

#000156459017015825 Filed on August 07, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $16.23M $27.38M
YoY Change -40.71% 59.93%
Cost Of Revenue $6.400M $4.710M
YoY Change 35.88% 57.53%
Gross Profit $9.810M $22.66M
YoY Change -56.71% 60.37%
Gross Profit Margin 60.43% 82.76%
Selling, General & Admin $4.500M $5.130M
YoY Change -12.28% 16.59%
% of Gross Profit 45.87% 22.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.270M $1.650M
YoY Change -23.0% -5.36%
% of Gross Profit 12.95% 7.28%
Operating Expenses $5.770M $6.950M
YoY Change -16.98% 13.01%
Operating Profit $4.109M $11.01M
YoY Change -62.66% 33.87%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $4.050M $15.66M
YoY Change -74.14% 96.16%
Income Tax -$60.00K $4.650M
% Of Pretax Income -1.48% 29.69%
Net Earnings $4.110M $11.01M
YoY Change -62.66% 33.87%
Net Earnings / Revenue 25.32% 40.2%
Basic Earnings Per Share
Diluted Earnings Per Share $68.66K $182.7K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.40M $43.00M
YoY Change -64.19% 1553.85%
Cash & Equivalents $15.37M $43.01M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $21.80M $48.80M
YoY Change -55.33% 517.72%
LONG-TERM ASSETS
Property, Plant & Equipment $99.50M $107.0M
YoY Change -7.01% 5.3%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $855.9M $714.0M
YoY Change 19.87% 14.68%
Other Assets $7.200M $23.70M
YoY Change -69.62% 3.95%
Total Long-Term Assets $1.003B $896.9M
YoY Change 11.83% 16.2%
TOTAL ASSETS
Total Short-Term Assets $21.80M $48.80M
Total Long-Term Assets $1.003B $896.9M
Total Assets $1.025B $945.7M
YoY Change 8.37% 21.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.200M $6.500M
YoY Change 10.77% 30.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $15.81M
YoY Change 85.97%
Total Short-Term Liabilities $14.80M $20.30M
YoY Change -27.09% 51.49%
LONG-TERM LIABILITIES
Long-Term Debt $648.2M $506.1M
YoY Change 28.08% 4.63%
Other Long-Term Liabilities $1.300M $2.600M
YoY Change -50.0% 116.67%
Total Long-Term Liabilities $649.5M $508.7M
YoY Change 27.68% 4.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.80M $20.30M
Total Long-Term Liabilities $649.5M $508.7M
Total Liabilities $664.3M $529.1M
YoY Change 25.55% 6.18%
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 $360.5M $416.6M
YoY Change
Total Liabilities & Shareholders Equity $1.025B $945.7M
YoY Change 8.37% 21.28%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $4.110M $11.01M
YoY Change -62.66% 33.87%
Depreciation, Depletion And Amortization $1.270M $1.650M
YoY Change -23.0% -5.36%
Cash From Operating Activities $3.330M $6.400M
YoY Change -47.97% -7.11%
INVESTING ACTIVITIES
Capital Expenditures -$70.00K -$200.0K
YoY Change -65.0% -81.48%
Acquisitions
YoY Change
Other Investing Activities $1.160M $34.29M
YoY Change -96.62% -172.31%
Cash From Investing Activities $1.100M $34.08M
YoY Change -96.77% -170.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.96M -15.29M
YoY Change -21.78% -176.26%
NET CHANGE
Cash From Operating Activities 3.330M 6.400M
Cash From Investing Activities 1.100M 34.08M
Cash From Financing Activities -11.96M -15.29M
Net Change In Cash -7.530M 25.19M
YoY Change -129.89% -216.95%
FREE CASH FLOW
Cash From Operating Activities $3.330M $6.400M
Capital Expenditures -$70.00K -$200.0K
Free Cash Flow $3.400M $6.600M
YoY Change -48.48% -17.19%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q4 atax Secured Line Of Credit Net
SecuredLineOfCreditNet
19816667
CY2017Q2 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
303584510
CY2017Q2 atax Net Income Loss Attributable To Common Stockholders And Noncontrolling Interest Basic
NetIncomeLossAttributableToCommonStockholdersAndNoncontrollingInterestBasic
3676850
CY2017Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.06
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1024826768
CY2017Q2 atax Temporary Equity Redeemable Preferred Units Redemption Value
TemporaryEquityRedeemablePreferredUnitsRedemptionValue
57000000
CY2017Q2 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
10000000
CY2017Q2 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
5700000
CY2017Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
5700000
CY2017Q2 atax Contingent Interest Income
ContingentInterestIncome
86567
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
12442929
CY2016Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
61506
us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
8097
CY2017Q2 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.125
CY2017Q2 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
59862969
CY2017Q2 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
59862969
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
14880867
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-101
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
76316
us-gaap Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
4482500
us-gaap Partners Capital Account Treasury Units Purchases
PartnersCapitalAccountTreasuryUnitsPurchases
1466222
us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
609733
atax Other Comprehensive Income Unrealized Holding Gain Loss On Securities
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecurities
29207054
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
765723
atax Reversal Of Net Unrealized Gain On Sale Of Securities
ReversalOfNetUnrealizedGainOnSaleOfSecurities
236439
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
17291101
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-302769
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14880867
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
11819553
CY2015Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
313124827
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
9295000
us-gaap Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Available For Sale
ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
14997069
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
59585000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
11500000
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
8017189
atax Increase Decrease Restricted Cash Debt Collateral
IncreaseDecreaseRestrictedCashDebtCollateral
-1674484
atax Decrease In Restricted Cash Debt Collateral
DecreaseInRestrictedCashDebtCollateral
935022
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-44131
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1641796
us-gaap Restricted Stock Expense
RestrictedStockExpense
609733
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-74873
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-73805
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-365000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4653000
atax Change In Preferred Return Receivable From Unconsolidated Entity
ChangeInPreferredReturnReceivableFromUnconsolidatedEntity
1343013
atax Change In Preferred Return Receivable From Unconsolidated Entity
ChangeInPreferredReturnReceivableFromUnconsolidatedEntity
90876
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-585695
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
40101
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
50585
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8209226
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
175193
atax Cash Received For Sale Of Mf Properties Eliminated In Consolidation
CashReceivedForSaleOfMfPropertiesEliminatedInConsolidation
13750000
atax Cash Received For Sale Of Mf Properties Eliminated In Consolidation
CashReceivedForSaleOfMfPropertiesEliminatedInConsolidation
30200000
us-gaap Proceeds From Sale Of Land Held For Use
ProceedsFromSaleOfLandHeldForUse
3000000
atax Proceeds From Bonds Payable
ProceedsFromBondsPayable
27864
atax Payments For Property Loans
PaymentsForPropertyLoans
2340636
atax Proceeds From Property Loans
ProceedsFromPropertyLoans
500000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-50379395
atax Payment Of Distributions To Partners
PaymentOfDistributionsToPartners
17288919
us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
16131000
atax Payments Of Redeemable Preferred Stock Offering Costs
PaymentsOfRedeemablePreferredStockOfferingCosts
44427
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
496800
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
153306
atax Payment Of Distribution To Noncontrolling Interest
PaymentOfDistributionToNoncontrollingInterest
76316
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
135100000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
32751484
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
22190196
us-gaap Repayments Of Debt
RepaymentsOfDebt
658271
us-gaap Repayments Of Debt
RepaymentsOfDebt
17295585
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
24460000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
19987639
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
84460000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
13487639
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
-92951
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
126970
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1452517
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
49826
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
36793546
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25452767
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-5376623
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
25977756
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17035782
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
43013538
us-gaap Interest Paid
InterestPaid
10670383
us-gaap Interest Paid
InterestPaid
7519155
us-gaap Income Taxes Paid
IncomeTaxesPaid
3007000
atax Distributions Declared But Not Paid For Beneficial Unit Certificates And General Partner
DistributionsDeclaredButNotPaidForBeneficialUnitCertificatesAndGeneralPartner
7623425
atax Distributions Declared But Not Paid For Beneficial Unit Certificates And General Partner
DistributionsDeclaredButNotPaidForBeneficialUnitCertificatesAndGeneralPartner
9684865
atax Distributions Declared But Not Paid For Series A Preferred Units
DistributionsDeclaredButNotPaidForSeriesAPreferredUnits
427500
atax Distributions Declared But Not Paid For Series A Preferred Units
DistributionsDeclaredButNotPaidForSeriesAPreferredUnits
123542
us-gaap Contribution Of Property
ContributionOfProperty
3091023
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
54320
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16646
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Estimates and assumptions</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America (&#8220;GAAP&#8221;) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at 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.&#160;&#160;The accompanying interim unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted in accordance with such rules and regulations, although management believes that the disclosures are adequate to make the information presented not misleading. </p> <p style="text-align:justify;margin-top:2pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Partnership&#8217;s Annual Report on Form 10-K for the year ended December&#160;31, 2016. These condensed consolidated financial statements and notes have been prepared consistently with the 2016 Form 10-K. In the opinion of management, all adjustments (consisting of normal and recurring accruals) necessary to present fairly the financial position at June 30, 2017, and the results of operations for the interim periods presented have been made. The results of operations for the interim period are not necessarily indicative of the results to be expected for the full year. The condensed consolidated balance sheet at December 31, 2016, was derived from audited annual financial statements, but does not contain all the footnote disclosures from the annual financial statements.</p></div>
CY2017Q2 atax Number Of Lessee Arrangements
NumberOfLesseeArrangements
4
CY2017Q2 atax Percent Of Regular Distributions
PercentOfRegularDistributions
1.00
CY2017Q2 atax Penalty On Outstanding Contingent Interest
PenaltyOnOutstandingContingentInterest
0.009
CY2017Q2 atax Number Of Variable Interest Entities
NumberOfVariableInterestEntities
21
CY2016Q4 atax Number Of Variable Interest Entities
NumberOfVariableInterestEntities
20
CY2017Q2 atax Available For Sale Security And Property Loan Receivable Maximum Exposure
AvailableForSaleSecurityAndPropertyLoanReceivableMaximumExposure
187154858
CY2016Q4 atax Available For Sale Security And Property Loan Receivable Maximum Exposure
AvailableForSaleSecurityAndPropertyLoanReceivableMaximumExposure
173867079
CY2017Q2 atax Available For Sale Securities At Par Value
AvailableForSaleSecuritiesAtParValue
59585000
CY2017Q2 atax Remaining Commitments To Equity Investment Maximum
RemainingCommitmentsToEquityInvestmentMaximum
9660272
CY2017Q2 atax Property Loan Receivable Gross
PropertyLoanReceivableGross
38702784
CY2017Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7098814
CY2017Q2 us-gaap Loans Receivable Net
LoansReceivableNet
31603970
CY2016Q4 atax Property Loan Receivable Gross
PropertyLoanReceivableGross
36862148
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7098814
CY2016Q4 us-gaap Loans Receivable Net
LoansReceivableNet
29763334
CY2017Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
537261
CY2016Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
456890
CY2017Q2 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
521789
CY2016Q4 us-gaap Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
383604
CY2017Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
3931471
CY2016Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
4084599
CY2017Q2 atax Bond Purchase Commitment Fair Market Value Asset
BondPurchaseCommitmentFairMarketValueAsset
3165172
CY2016Q4 atax Bond Purchase Commitment Fair Market Value Asset
BondPurchaseCommitmentFairMarketValueAsset
2399449
CY2017Q2 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1244407
CY2016Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1470650
CY2017Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0414
CY2016Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0383
CY2017Q2 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
521789
CY2017Q2 atax Construction Loan Maximum Available Amount
ConstructionLoanMaximumAvailableAmount
25600000
CY2017Q2 us-gaap Construction Loan
ConstructionLoan
0
us-gaap Concentration Risk Credit Risk Financial Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure
602600000
CY2016Q2 atax Temporary Equity Redemption Date
TemporaryEquityRedemptionDate
2022-05
CY2016Q3 atax Temporary Equity Redemption Date
TemporaryEquityRedemptionDate
2022-09
CY2016Q4 atax Temporary Equity Redemption Date
TemporaryEquityRedemptionDate
2022-12
CY2017Q1 atax Temporary Equity Redemption Date
TemporaryEquityRedemptionDate
2023-03
atax Rate For Administration Fees
RateForAdministrationFees
0.0045
CY2016Q1 us-gaap Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
1000000
CY2016Q2 us-gaap Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
1386900
CY2016Q3 us-gaap Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
1000000
CY2016Q4 us-gaap Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
700000
CY2017Q1 us-gaap Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
1613100
us-gaap Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
5700000
CY2016Q1 us-gaap Partners Capital Account Private Placement Of Units
PartnersCapitalAccountPrivatePlacementOfUnits
10000000
CY2016Q2 us-gaap Partners Capital Account Private Placement Of Units
PartnersCapitalAccountPrivatePlacementOfUnits
13869000
CY2016Q3 us-gaap Partners Capital Account Private Placement Of Units
PartnersCapitalAccountPrivatePlacementOfUnits
10000000
CY2016Q4 us-gaap Partners Capital Account Private Placement Of Units
PartnersCapitalAccountPrivatePlacementOfUnits
7000000
CY2017Q1 us-gaap Partners Capital Account Private Placement Of Units
PartnersCapitalAccountPrivatePlacementOfUnits
16131000
us-gaap Partners Capital Account Private Placement Of Units
PartnersCapitalAccountPrivatePlacementOfUnits
57000000
CY2016Q1 atax Percentage Of Non Cumulative Cash Dividend
PercentageOfNonCumulativeCashDividend
0.0300
CY2016Q2 atax Percentage Of Non Cumulative Cash Dividend
PercentageOfNonCumulativeCashDividend
0.0300
CY2016Q3 atax Percentage Of Non Cumulative Cash Dividend
PercentageOfNonCumulativeCashDividend
0.0300
CY2016Q4 atax Percentage Of Non Cumulative Cash Dividend
PercentageOfNonCumulativeCashDividend
0.0300
CY2017Q1 atax Percentage Of Non Cumulative Cash Dividend
PercentageOfNonCumulativeCashDividend
0.0300
CY2016Q1 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
10.00
CY2016Q2 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
10.00
CY2016Q3 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
10.00
CY2016Q4 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
10.00
CY2017Q1 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
10.00
CY2016Q1 atax Temporary Equity Redemption Date
TemporaryEquityRedemptionDate
2022-03
CY2017Q2 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
0
us-gaap Fees And Commissions Other
FeesAndCommissionsOther
938000
CY2016Q2 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
0
us-gaap Fees And Commissions Other
FeesAndCommissionsOther
388000
CY2017Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
830256024
CY2016Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
742897488
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2017Q2 us-gaap Depreciation
Depreciation
1265335
CY2016Q2 us-gaap Depreciation
Depreciation
1649891
us-gaap Depreciation
Depreciation
2620566
us-gaap Depreciation
Depreciation
3296122
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
4109400
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
11005930
us-gaap Operating Income Loss
OperatingIncomeLoss
11398262
us-gaap Operating Income Loss
OperatingIncomeLoss
13537630

Files In Submission

Name View Source Status
R37.htm Edgar Link pending
0001564590-17-015825-index-headers.html Edgar Link pending
0001564590-17-015825-index.html Edgar Link pending
0001564590-17-015825.txt Edgar Link pending
0001564590-17-015825-xbrl.zip Edgar Link pending
atax-10q_20170630.htm Edgar Link pending
atax-20170630.xml Edgar Link completed
atax-20170630.xsd Edgar Link pending
atax-20170630_cal.xml Edgar Link unprocessable
atax-20170630_def.xml Edgar Link unprocessable
atax-20170630_lab.xml Edgar Link unprocessable
atax-20170630_pre.xml Edgar Link unprocessable
atax-ex102_150.htm Edgar Link pending
atax-ex103_159.htm Edgar Link pending
atax-ex104_151.htm Edgar Link pending
atax-ex105_158.htm Edgar Link pending
atax-ex311_105.htm Edgar Link pending
atax-ex312_104.htm Edgar Link pending
atax-ex321_103.htm Edgar Link pending
atax-ex322_102.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
g201708050537269532012.jpg Edgar Link pending
g201708050537554212013.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending