Thanks Davey. After some searching I found an article written about how this particular microphone works. I just pasted the first part below so you can read what is being conveyed. I'm in the process of trying to learn some of the basics of electricity and so forth . . . here you go.
How the electronics work
The electronics are comparatively simple. They consist of a single FET that acts as an impedance converter stage, and a transformer that takes care of balancing the output.
Power is supplied on the output jack by the preamplifier, so pins 3 and 7 of the transformer are about 48 V above ground. This means that the center tap of the transformer is also 48 V above ground, and the DC offsets on both sides of the transformer cancel each other out so the transformer doesn’t saturate. So we take the power off the center tap, use C9 to filter any noise or residual signal from it, and then apply it through R1, a very high value resistor, to directly polarize the capsule. We also run it through R10 and C7 to produce a lower filtered voltage that is used to power the front end.