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PRINCIPAL BUSINESS AND ORGANIZATION (Details)
1 Months Ended 12 Months Ended
Aug. 26, 2024
shares
Jan. 01, 2024
USD ($)
shares
Jun. 01, 2022
USD ($)
ft²
a
Shareholder
May 06, 2022
USD ($)
Company
Land
shares
Oct. 31, 2019
shares
Dec. 31, 2016
shares
Oct. 31, 2016
shares
Apr. 30, 2023
shares
Jul. 31, 2022
shares
Mar. 31, 2021
Company
Building
Jun. 30, 2024
USD ($)
Offering
$ / shares
shares
Feb. 21, 2024
USD ($)
Nov. 01, 2023
USD ($)
Sep. 01, 2023
Jun. 30, 2023
$ / shares
shares
Feb. 06, 2023
USD ($)
Oct. 14, 2022
USD ($)
Jan. 25, 2022
Oct. 04, 2021
Apr. 13, 2021
USD ($)
$ / shares
Common Stock Disclosures [Abstract]                                        
Total shares authorized for issue (in shares) | shares                     100,000,000                  
Common stock, authorized (in shares) | 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) | shares                     20,000,000       20,000,000          
Preferred stock, par value (in dollars per share) | $ / shares                     $ 0.0001       $ 0.0001          
Common stock, Initial public offering (in shares) | shares         15,000,000 15,000,000 5,000,000                          
Portfolio risk concentration, percentage                     20.00%                  
Capital contribution by parent                     $ 78,362,734                  
Number of operating companies | Company                   2                    
Number of residential apartment buildings to acquire and operate | Building                   2                    
Proceeds from public offerings                     $ 119,100,000                  
Number of public offering | Offering                     3                  
Proceeds from issuance of common stock                     $ 15,560,000                  
Proceeds from issuance of preferred stock                     250,000                  
Payment to repurchase shares                     $ 14,280,000                  
MRC Aurora, LLC [Member]                                        
Common Stock Disclosures [Abstract]                                        
Operating Partnership, ownership interest                               100.00%        
Preferred capital from operating partnership                               $ 10,000,000        
Construction loan closed                       $ 17,150,000                
220 Campus Lane, LLC [Member]                                        
Common Stock Disclosures [Abstract]                                        
Operating Partnership, ownership interest                           100.00%            
Hollywood Hillview [Member]                                        
Common Stock Disclosures [Abstract]                                        
Percentage of economic interest acquired                                     90.00%  
Remaining percentage of economic interest                                     10.00%  
PT Hillview [Member]                                        
Common Stock Disclosures [Abstract]                                        
Operating Partnership, ownership interest                                     100.00%  
MacKenzie-BAA IG Shoreline, LLC [Member]                                        
Common Stock Disclosures [Abstract]                                        
Percentage of economic interest acquired                                   98.00%    
Remaining percentage of economic interest                                   2.00%    
GV Executive Center, LLC [Member]                                        
Common Stock Disclosures [Abstract]                                        
Percentage of economic interest acquired   100.00%                                    
Purchase price of interests acquired   $ 8,703,127                                    
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%                    
FSP Satellite Place [Member]                                        
Common Stock Disclosures [Abstract]                                        
Rentable Space | ft²     134,785                                  
Area of Land Rentable Space Located | a     10                                  
Number of shareholders exception for cash payment | Shareholder     2                                  
Wiseman Company LLC [Member]                                        
Common Stock Disclosures [Abstract]                                        
Number of operating companies | Company       8                                
Percentage of economic interest acquired       100.00%                                
Number of parcel entitled land acquired | Land       1                                
Purchase price of interests acquired       $ 18,333,000                                
Purchase price of parcel entitled land acquired       3,050,000                                
Purchase price paid through issuance of shares       4,650,000                                
Purchase price of parcel entitled land paid through issuance of shares       $ 750,000                                
Period for right to acquire each property at pre-determined prices in following years                     2 years                  
Number of completed acquisitions of limited partnership interests | Company       5                                
Common Stock [Member]                                        
Common Stock Disclosures [Abstract]                                        
Shares issued (in shares) | shares               4,309.17 169.67   3,011.35                  
Common Stock [Member] | Subsequent Event [Member]                                        
Common Stock Disclosures [Abstract]                                        
Shares issued (in shares) | shares 133,000                                      
Percentage of shares issued in transaction 1.00%                                      
Common Stock [Member] | FSP Satellite Place [Member]                                        
Common Stock Disclosures [Abstract]                                        
Payments to acquire economic interest     $ 27,503                                  
Preferred Stock [Member] | FSP Satellite Place [Member]                                        
Common Stock Disclosures [Abstract]                                        
Payments to acquire economic interest     $ 13,752                                  
Preferred Stock [Member] | Wiseman Company LLC [Member]                                        
Common Stock Disclosures [Abstract]                                        
Shares issued (in shares) | shares       206,666.67                                
Series A Preferred Stock [Member]                                        
Common Stock Disclosures [Abstract]                                        
Preferred stock, authorized amount                                 $ 75,000,000     $ 50,000,000
Preferred stock initial offering price (in dollars per share) | $ / shares                                       $ 25
Proceeds from public offerings                     $ 18,510,000                  
Proceeds from issuance of common stock                     15,560,000                  
Proceeds from issuance of preferred stock                     250,000                  
Payment to repurchase shares                     $ 110,000                  
Series A Preferred Stock [Member] | GV Executive Center, LLC [Member]                                        
Common Stock Disclosures [Abstract]                                        
Shares issued (in shares) | shares   386,805.64                                    
Series A Preferred Stock [Member] | Operating Partnership [Member]                                        
Common Stock Disclosures [Abstract]                                        
Preferred stock, par value (in dollars per share) | $ / shares                     $ 25                  
Operating Partnership shares owned (in shares) | shares                     938,563.81                  
Operating Partnership shares, amount entitled to receive                     $ 23,464,095                  
Operating Partnership, ownership interest                     24.47%                  
Series A Preferred Stock [Member] | Wiseman Company LLC [Member]                                        
Common Stock Disclosures [Abstract]                                        
Shares issued (in shares) | shares                     339,078.39                  
Series B Preferred Stock [Member]                                        
Common Stock Disclosures [Abstract]                                        
Proceeds from public offerings                     $ 1,260,000                  
Proceeds from issuance of common stock                     15,560,000                  
Proceeds from issuance of preferred stock                     $ 250,000                  
Series B Preferred Stock [Member] | Operating Partnership [Member]                                        
Common Stock Disclosures [Abstract]                                        
Preferred stock, par value (in dollars per share) | $ / shares                     $ 25                  
Operating Partnership shares owned (in shares) | shares                     43,212.86                  
Operating Partnership shares, amount entitled to receive                     $ 1,080,322                  
Operating Partnership, ownership interest                     24.47%                  
Series B Preferred Stock [Member] | Wiseman Company LLC [Member]                                        
Common Stock Disclosures [Abstract]                                        
Shares issued (in shares) | shares                     43,212.86                  
Class A [Member] | Operating Partnership [Member]                                        
Common Stock Disclosures [Abstract]                                        
Common stock, par value (in dollars per share) | $ / shares                     $ 10.25                  
Operating Partnership shares owned (in shares) | shares                     82,232.08                  
Operating Partnership, ownership interest                     24.47%                  
Class A [Member] | Wiseman Company LLC [Member]                                        
Common Stock Disclosures [Abstract]                                        
Shares issued (in shares) | shares       77,881.62                                
Series A and B Preferred Stock [Member]                                        
Common Stock Disclosures [Abstract]                                        
Preferred stock, authorized amount                         $ 75,000,000