Public Housing Capital ("PHC") Fund Trust Certificates (Tables)

9 Months Ended

Sep. 30, 2016

Public Housing Capital Fund Trusts [Abstract]

Schedule Of Carrying Values And Estimated Fair Values Of Debt Instruments Public Housing Authority Table Text Block

The Partnership had the following investments in the PHC Certificates on September 30, 2016 and December 31, 2015:

	September 30, 2016
Description of PHC Certificates	Weighted Average Lives (Years)	Investment Rating	Weighted Average Interest Rate Over Life		Cost Adjusted for Paydowns		Cumulative Unrealized Gain		Cumulative Unrealized Loss		Estimated Fair Value
PHC Certificate Trust I	8.56	AA-		5.32%	$	26,112,071	$	2,180,425	$	-	$	28,292,496
PHC Certificate Trust II	7.90	A+		4.31%		10,589,519		755,926		-		11,345,445
PHC Certificate Trust III	9.06	BBB		5.42%		20,542,789		678,524		-		21,221,313
					$	57,244,379	$	3,614,875	$	-	$	60,859,254

	December 31, 2015
Description of PHC Certificates	Weighted Average Lives (Years)	Investment Rating	Weighted Average Interest Rate Over Life		Cost Adjusted for Paydowns		Cumulative Unrealized Gain		Cumulative Unrealized Loss			Estimated Fair Value
PHC Certificate Trust I	9.25	AA-		5.33%	$	27,274,451	$	1,482,376	$	-		$	28,756,827
PHC Certificate Trust II	8.67	A+		4.29%		11,081,987		365,443		-			11,447,430
PHC Certificate Trust III	9.81	BBB		5.42%		20,513,351		-		(10,318	)		20,503,033
					$	58,869,789	$	1,847,819	$	(10,318	)	$	60,707,290