PRINCIPAL BUSINESS AND ORGANIZATION (Details)				6 Months Ended
	Oct. 31, 2019 shares	Dec. 31, 2016 shares	Oct. 31, 2016 shares	Dec. 31, 2021 USD ($) Company Building $ / shares shares	Jun. 30, 2021 $ / shares shares	Apr. 13, 2021 USD ($) $ / shares	Dec. 31, 2020 shares
Common Stock Disclosures [Abstract]
Total shares authorized for issue (in shares)				100,000,000
Common stock, authorized (in shares)				80,000,000	80,000,000
Common stock, par value (in dollars per share) | $ / shares				$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)				20,000,000
Preferred stock, par value (in dollars per share) | $ / shares				$ 0.0001
Common stock, Initial public offering (in shares)	15,000,000	15,000,000	5,000,000
Number of operating companies | Company				2
Number of residential apartment buildings to acquire and operate | Building				2
Portfolio risk concentration, percentage				20.00%
Proceeds from sale of equity | $				$ 131,080,000.00
Proceeds from dividend reinvestment plan | $				11,890,000
Payment to repurchase shares | $				$ 9,920,000
Operating Partnership [Member]
Common Stock Disclosures [Abstract]
Operating Partnership, ownership interest				100.00%
Equity Investors Member Units [Member] | Madison [Member]
Common Stock Disclosures [Abstract]
Ownership percentage of equity investors				98.45%
Joint venture partners own percentage				1.55%
Equity Investors Member Units [Member] | PVT [Member]
Common Stock Disclosures [Abstract]
Ownership percentage of equity investors				98.75%
Joint venture partners own percentage				1.25%
Series A Preferred Stock [Member]
Common Stock Disclosures [Abstract]
Preferred stock, authorized amount | $						$ 50,000,000
Preferred stock initial offering price (in dollars per share) | $ / shares						$ 25.00
Class A [Member] | Operating Partnership [Member]
Common Stock Disclosures [Abstract]
Operating Partnership shares owned (in shares)							12,052.85
Operating Partnership, ownership interest							0.82%