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Debt Financing - Schedule of Total Debt Financing (Details) - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Debt Instrument [Line Items]    
Debt financing $ 882,453,664 $ 820,078,714
Period End Rates 4.35%  
TEBS Financings [Member] | Fixed - M24 [Member]    
Debt Instrument [Line Items]    
Debt financing $ 21,890,197 35,551,762
Restricted Cash $ 4,000 $ 204,000
Year Acquired 2010 2010
Stated Maturities 2027 2027
Reset Frequency N/A N/A
Variable Rate Index N/A N/A
Period End Rates 3.05% 3.05%
TEBS Financings [Member] | Variable - M31 [Member]    
Debt Instrument [Line Items]    
Debt financing [1] $ 76,637,387 $ 76,964,051
Restricted Cash [1] $ 4,999 $ 4,999
Year Acquired [1] 2014 2014
Stated Maturities [1] 2024 2024
Reset Frequency [1] Weekly Weekly
Variable Rate Index [1] SIFMA SIFMA
Index Based Rates [1] 0.54% 0.13%
Spread/ Facility Fees [1] 1.28% 1.32%
Period End Rates [1] 1.82% 1.45%
TEBS Financings [Member] | Fixed - M33 [Member]    
Debt Instrument [Line Items]    
Debt financing $ 30,034,239 $ 30,191,051
Restricted Cash $ 2,606 $ 2,606
Year Acquired 2015 2015
Stated Maturities 2030 2030
Reset Frequency N/A N/A
Variable Rate Index N/A N/A
Period End Rates 3.24% 3.24%
TEBS Financings [Member] | Fixed - M45 [Member]    
Debt Instrument [Line Items]    
Debt financing [2] $ 213,438,490 $ 213,931,752
Restricted Cash [2] $ 5,000 $ 5,000
Year Acquired [2] 2018 2018
Stated Maturities [2] 2034 2034
Reset Frequency [2] N/A N/A
Variable Rate Index [2] N/A N/A
Period End Rates [2] 3.82% 3.82%
Secured Line Of Credit Facility [Member] | Variable - Notes [Member]    
Debt Instrument [Line Items]    
Debt financing $ 102,722,663 $ 102,798,158
Restricted Cash $ 36,256,804 $ 77,531,264
Year Acquired 2020 2020
Stated Maturities 2025 2025
Reset Frequency Monthly Monthly
Variable Rate Index 3-month LIBOR 3-month LIBOR
Index Based Rates 0.83% 0.20%
Spread/ Facility Fees 9.00% 9.00%
Period End Rates [3] 9.83% 9.20%
TOB Trusts Securitization [Member] | Variable - TOB I [Member] | Mizuho Capital Markets [Member]    
Debt Instrument [Line Items]    
Debt financing $ 13,491,156 $ 13,482,312
Year Acquired 2020 2020
Stated Maturities 2022 2022
Reset Frequency Weekly Weekly
Variable Rate Index SIFMA SIFMA
Index Based Rates 0.71% 0.23%
Spread/ Facility Fees 0.89% 0.89%
Period End Rates 1.60% 1.12%
TOB Trusts Securitization [Member] | Variable - TOB II [Member] | Mizuho Capital Markets [Member]    
Debt Instrument [Line Items]    
Debt financing $ 92,087,297 $ 117,257,933
Stated Maturities 2023 2023
Reset Frequency Weekly Weekly
Variable Rate Index SIFMA SIFMA
TOB Trusts Securitization [Member] | Variable - TOB II [Member] | Mizuho Capital Markets [Member] | Minimum [Member]    
Debt Instrument [Line Items]    
Year Acquired 2019 2019
Index Based Rates 0.71% 0.23%
Spread/ Facility Fees 0.89% 1.17%
Period End Rates 1.60% 1.40%
TOB Trusts Securitization [Member] | Variable - TOB II [Member] | Mizuho Capital Markets [Member] | Maximum [Member]    
Debt Instrument [Line Items]    
Year Acquired 2021 2021
Index Based Rates 0.73% 0.30%
Spread/ Facility Fees 1.67% 1.67%
Period End Rates 2.40% 1.97%
TOB Trusts Securitization [Member] | Variable - TOB III [Member] | Mizuho Capital Markets [Member]    
Debt Instrument [Line Items]    
Debt financing $ 126,743,565 $ 115,143,312
Year Acquired 2020 2020
Stated Maturities 2023 2023
Reset Frequency Weekly Weekly
Variable Rate Index OBFR OBFR
Index Based Rates 0.57% 0.18%
Spread/ Facility Fees 0.89% 0.89%
Period End Rates 1.46% 1.07%
TOB Trusts Securitization [Member] | Variable - TOB IV [Member] | Mizuho Capital Markets [Member]    
Debt Instrument [Line Items]    
Debt financing $ 188,564,169 $ 98,703,495
Year Acquired   2021
Stated Maturities 2024 2024
Reset Frequency Weekly Weekly
Variable Rate Index OBFR OBFR
Index Based Rates 0.57% 0.18%
TOB Trusts Securitization [Member] | Variable - TOB IV [Member] | Mizuho Capital Markets [Member] | Minimum [Member]    
Debt Instrument [Line Items]    
Year Acquired 2021  
Spread/ Facility Fees 0.89% 0.89%
Period End Rates 1.46% 1.07%
TOB Trusts Securitization [Member] | Variable - TOB IV [Member] | Mizuho Capital Markets [Member] | Maximum [Member]    
Debt Instrument [Line Items]    
Year Acquired 2022  
Spread/ Facility Fees 1.16% 1.16%
Period End Rates 1.73% 1.34%
TOB Trusts Securitization [Member] | Variable - TOB V [Member] | Barclays Capital Inc [Member]    
Debt Instrument [Line Items]    
Debt financing $ 3,950,371 $ 3,139,698
Year Acquired 2021 2021
Stated Maturities 2023 2022
Reset Frequency Weekly Weekly
Variable Rate Index OBFR OBFR
Index Based Rates 0.50% 0.14%
Spread/ Facility Fees 1.27% 1.27%
Period End Rates 1.77% 1.41%
TOB Trusts Securitization [Member] | Fixed - Term TOB [Member] | Morgan Stanley Bank [Member]    
Debt Instrument [Line Items]    
Debt financing $ 12,894,130 $ 12,915,190
Year Acquired 2019 2019
Stated Maturities 2024 2024
Reset Frequency N/A  
Variable Rate Index N/A  
Period End Rates 1.98% 1.98%
[1] Facility fees have a variable component.
[2] The M45 TEBS has an initial interest rate of 3.82% through July 31, 2023. From August 1, 2023 through the stated maturity date, the interest rate is 4.39%. These rates are inclusive of credit enhancement fees payable to Freddie Mac.
[3] The Partnership has entered into a total return swap transaction with the Secured Notes as the reference security and a notional amount totaling the outstanding principal on the Secured Notes. The total return swap effectively nets down the interest rate on the Secured Notes. Considering the effect of the total return swap, the effective net interest rate is 4.58% for approximately $103.0 million of the Secured Notes as of March 31, 2022. See Note 17 for further information on the total return swap.
(4)
The Partnership has restricted cash totaling approximately $2.1 million related its total net position with Mizuho Capital Markets.