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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Details 3) (USD $)
3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Hamilton Essex 81
Sep. 30, 2012
Hamilton Essex 81
Sep. 30, 2013
Hamilton Essex 81
Sep. 30, 2012
Hamilton Essex 81
Sep. 30, 2013
Hamilton Essex 81
NERA 50%
Sep. 30, 2012
Hamilton Essex 81
NERA 50%
Sep. 30, 2013
Hamilton Essex 81
NERA 50%
Sep. 30, 2012
Hamilton Essex 81
NERA 50%
Sep. 30, 2013
Hamilton Essex Development
Sep. 30, 2012
Hamilton Essex Development
Sep. 30, 2013
Hamilton Essex Development
Sep. 30, 2012
Hamilton Essex Development
Sep. 30, 2013
Hamilton Essex Development
NERA 50%
Sep. 30, 2012
Hamilton Essex Development
NERA 50%
Sep. 30, 2013
Hamilton Essex Development
NERA 50%
Sep. 30, 2012
Hamilton Essex Development
NERA 50%
Sep. 30, 2013
345 Franklin
Sep. 30, 2012
345 Franklin
Sep. 30, 2013
345 Franklin
Sep. 30, 2012
345 Franklin
Nov. 30, 2001
345 Franklin
Sep. 30, 2013
345 Franklin
NERA 50%
Sep. 30, 2012
345 Franklin
NERA 50%
Sep. 30, 2013
345 Franklin
NERA 50%
Sep. 30, 2012
345 Franklin
NERA 50%
Sep. 30, 2013
Hamilton 1025
Sep. 30, 2012
Hamilton 1025
Sep. 30, 2013
Hamilton 1025
Sep. 30, 2012
Hamilton 1025
Mar. 02, 2005
Hamilton 1025
Sep. 30, 2013
Hamilton 1025
NERA 50%
Sep. 30, 2012
Hamilton 1025
NERA 50%
Sep. 30, 2013
Hamilton 1025
NERA 50%
Sep. 30, 2012
Hamilton 1025
NERA 50%
Sep. 30, 2013
Hamilton Bay Apartments
Sep. 30, 2012
Hamilton Bay Apartments
Sep. 30, 2013
Hamilton Bay Apartments
Sep. 30, 2012
Hamilton Bay Apartments
Oct. 03, 2005
Hamilton Bay Apartments
Sep. 30, 2013
Hamilton Bay Apartments
NERA 50%
Sep. 30, 2012
Hamilton Bay Apartments
NERA 50%
Sep. 30, 2013
Hamilton Bay Apartments
NERA 50%
Sep. 30, 2012
Hamilton Bay Apartments
NERA 50%
Sep. 30, 2013
Hamilton Bay Sales
Sep. 30, 2012
Hamilton Bay Sales
Sep. 30, 2013
Hamilton Bay Sales
Sep. 30, 2012
Hamilton Bay Sales
Sep. 30, 2013
Hamilton Bay Sales
NERA 50%
Sep. 30, 2012
Hamilton Bay Sales
NERA 50%
Sep. 30, 2013
Hamilton Bay Sales
NERA 50%
Sep. 30, 2012
Hamilton Bay Sales
NERA 50%
Sep. 30, 2013
Hamilton Minuteman
Sep. 30, 2012
Hamilton Minuteman
Sep. 30, 2013
Hamilton Minuteman
Sep. 30, 2012
Hamilton Minuteman
Sep. 30, 2004
Hamilton Minuteman
Sep. 30, 2013
Hamilton Minuteman
NERA 50%
Sep. 30, 2012
Hamilton Minuteman
NERA 50%
Sep. 30, 2013
Hamilton Minuteman
NERA 50%
Sep. 30, 2012
Hamilton Minuteman
NERA 50%
Sep. 30, 2013
Hamilton on Main
Sep. 30, 2012
Hamilton on Main
Sep. 30, 2013
Hamilton on Main
Sep. 30, 2012
Hamilton on Main
Aug. 31, 2004
Hamilton on Main
Sep. 30, 2013
Hamilton on Main
NERA 50%
Sep. 30, 2012
Hamilton on Main
NERA 50%
Sep. 30, 2013
Hamilton on Main
NERA 50%
Sep. 30, 2012
Hamilton on Main
NERA 50%
Sep. 30, 2013
Dexter Park
Sep. 30, 2012
Dexter Park
Sep. 30, 2013
Dexter Park
Sep. 30, 2012
Dexter Park
Oct. 28, 2009
Dexter Park
Sep. 30, 2013
Dexter Park
NERA 40%
Sep. 30, 2012
Dexter Park
NERA 40%
Sep. 30, 2013
Dexter Park
NERA 40%
Sep. 30, 2012
Dexter Park
NERA 40%
Sep. 30, 2013
Total
Sep. 30, 2012
Total
Sep. 30, 2013
Total
Sep. 30, 2012
Total
Sep. 30, 2013
Total
NERA 50%
Sep. 30, 2012
Total
NERA 50%
Sep. 30, 2013
Total
NERA 50%
Sep. 30, 2012
Total
NERA 50%
Sep. 30, 2013
Total
NERA 40%
Sep. 30, 2012
Total
NERA 40%
Sep. 30, 2013
Total
NERA 40%
Sep. 30, 2012
Total
NERA 40%
Revenues                                                                                                                                                                                            
Rental income $ 9,859,135 $ 8,666,844 $ 27,687,903 $ 25,902,587 $ 343,035 $ 311,281 $ 1,006,954 $ 937,284         $ 71,809 $ 72,046 $ 215,601 $ 216,137         $ 315,594 $ 295,031 $ 931,629 $ 873,734           $ 224,602 $ 218,064 $ 666,484 $ 639,791           $ 235,198 $ 223,301 $ 676,641 $ 659,463           $ 68,189 $ 61,862 $ 189,661 $ 173,054         $ 205,420 $ 204,535 $ 638,208 $ 603,212           $ 693,187 $ 656,122 $ 2,046,366 $ 1,953,493           $ 3,155,855 $ 2,993,242 $ 9,487,525 $ 9,056,079           $ 5,312,880 $ 5,035,486 $ 15,859,069 $ 15,112,247                
Laundry and sundry income 108,617 92,182 302,305 281,276 3,146 3,415 12,144 10,488                         1,550 600 3,483 1,788                                                                 175 675 666           10,109 3,752 27,391 13,732           24,417 31,384 70,846 75,239           39,222 39,327 114,538 101,913                
Total Revenues 9,967,752 8,759,026 27,990,208 26,183,863 346,181 314,697 1,019,097 947,772         71,809 72,046 215,601 216,137         317,144 295,631 935,112 875,522           224,602 218,064 666,484 639,791           235,198 223,301 676,641 659,463           68,189 61,862 189,661 173,054         205,420 204,711 638,883 603,878           703,287 659,875 2,073,756 1,967,225           3,180,272 3,024,626 9,558,371 9,131,318           5,352,102 5,074,812 15,973,608 15,214,160                
Expenses                                                                                                                                                                                            
Administrative 451,268 459,714 1,601,123 1,351,872 5,109 2,824 15,037 10,430         317 317 1,021 1,432         4,365 7,845 18,796 23,211           4,162 1,599 7,968 4,079           6,816 6,285 14,367 29,996           5,916 2,514 9,502 6,617         1,788 3,823 4,253 6,755           8,440 11,209 26,848 37,307           77,694 59,789 191,418 169,223           114,608 96,206 289,209 289,048                
Depreciation and amortization 2,824,318 1,554,985 5,758,310 4,592,503 107,829 101,777 319,895 308,642         2,182 2,909 6,671 9,394         105,992 114,199 321,730 336,339           60,185 63,962 180,399 190,555           76,900 74,920 230,538 224,008           19,797 19,736 60,895 59,208         79,914 80,075 237,847 238,621           244,670 240,997 733,437 717,664           1,448,329 1,443,275 4,326,808 4,314,274           2,145,798 2,141,849 6,418,221 6,398,704                
Management fees         15,699 13,547 41,713 40,573         2,872 2,882 8,624 8,645         12,851 11,953 38,633 36,070           8,922 9,079 27,108 25,964           8,795 8,761 26,682 25,753           2,627 2,681 7,614 7,268         8,725 8,225 25,801 24,241           26,626 26,655 83,965 78,862           70,212 66,474 203,719 196,041           157,330 150,256 463,860 443,417                
Operating 786,179 720,490 3,032,964 2,648,567 31,039 32,187 94,588 85,319                         13,266 13,451 53,310 42,933           215 1 927 636           615 165 1,232 1,070           77 310 2,038 1,237         14,951 16,664 56,899 54,385           61,202 63,833 252,383 242,157           237,482 217,288 802,142 764,389           358,848 343,898 1,263,520 1,192,125                
Renting 78,874 48,483 135,540 147,844 1,281 14,574 10,831 16,664                           3,318 1,788 3,459           1,453 3,389 5,378 5,718           2,503 389 9,753 3,660               1,425 1,450         2,054 1,019 6,096 3,013           1,026 2,265 4,331 8,845           39,451 30,033 66,105 71,830           47,766 54,987 105,705 114,639                
Repairs and maintenance 1,641,608 1,449,939 4,238,821 3,776,725 29,100 39,279 93,194 94,156         700 950 4,400 5,475         24,374 17,401 62,553 61,720           82,343 89,279 239,752 235,472           76,461 71,906 224,156 205,125           24,231 21,202 70,217 53,379         25,303 15,818 50,840 45,315           112,318 85,358 278,025 283,251           389,052 277,534 843,069 707,486           763,882 618,728 1,866,206 1,691,378                
Taxes and insurance 1,301,388 1,053,196 3,667,180 3,206,065 52,614 48,843 164,374 149,722         12,642 12,025 37,050 37,211         28,897 25,358 85,152 75,919           37,599 36,279 114,730 109,871           38,040 39,893 109,188 121,571           11,293 11,329 31,912 34,890         29,945 26,154 91,893 77,022           87,950 85,473 257,239 253,782           427,973 371,328 1,170,929 1,115,971           726,954 656,683 2,062,466 1,975,959                
Total Expenses 7,484,223 5,642,420 19,578,400 16,787,978 242,671 253,031 739,632 705,506         18,715 19,084 57,765 62,158         189,745 193,525 581,962 579,650           194,878 203,588 576,261 572,294           210,131 202,319 615,915 611,182           63,942 57,772 183,604 164,047         162,681 151,778 473,628 449,351           542,233 515,790 1,636,229 1,621,867           2,690,194 2,465,720 7,604,189 7,339,215           4,315,188 4,062,608 12,469,187 12,105,270                
Income Before Other Income (Expenses) and Discontinued Operations 2,483,529 3,116,606 8,411,808 9,395,885 103,510 61,665 279,465 242,266         53,095 52,962 157,835 153,980         127,399 102,106 353,150 295,872           29,724 14,476 90,223 67,497           25,068 20,982 60,726 48,281           4,248 4,090 6,057 9,007         42,739 52,933 165,255 154,527           161,054 144,085 437,527 345,358           490,078 558,906 1,954,182 1,792,103           1,036,914 1,012,205 3,504,421 3,108,891                
Other Income (loss)                                                                                                                                                                                            
Interest expense (2,142,817) (1,926,556) (5,746,533) (5,772,970) (122,858) (124,806) (366,060) (373,357)         (14,510) (15,110) (43,776) (45,437)         (97,798) (120,435) (355,345) (366,348)           (71,481) (72,408) (212,962) (216,254)           (67,226) (68,108) (200,200) (203,375)           (21,332) (24,738) (70,021) (73,609)         (78,601) (79,666) (234,140) (238,036)           (206,762) (210,248) (616,349) (628,955)           (1,262,391) (1,277,390) (3,757,844) (3,818,020)           (1,942,961) (1,992,910) (5,856,697) (5,963,390)                
Interest Income 230 554 945 1,746                                   12 26 36           2 21 5 62                             36 51 122 165                                                 57             39 84 210 262                
Interest Income from Note                                                                                               722 1,458 2,729 4,901                                                               722 1,458 2,729 4,901                
Other Income (Expenses)                                             (68,588)                                                                                                                           (68,588)                  
Total Other Income (loss) (2,515,749) (2,343,735) (6,771,940) (6,993,301) (122,858) (124,806) (366,060) (373,357)         (14,510) (15,110) (43,776) (45,437)         (97,798) (120,423) (423,908) (366,311)           (71,479) (72,388) (212,957) (216,193)           (67,226) (68,108) (200,200) (203,375)           (20,574) (23,229) (67,170) (68,543)         (78,601) (79,666) (234,140) (238,036)           (206,762) (210,248) (616,349) (628,955)           (1,262,391) (1,277,390) (3,757,786) (3,818,020)           (1,942,200) (1,991,367) (5,922,346) (5,958,227)                
Net Income (Loss) (32,874) 774,454 5,337,867 2,448,668 (19,348) (63,141) (86,594) (131,091)         38,584 37,852 114,059 108,543         29,601 (18,317) (70,758) (70,439)           (41,755) (57,912) (122,734) (148,696)           (42,159) (47,126) (139,474) (155,094)           (16,326) (19,139) (61,113) (59,537)         (35,862) (26,733) (68,884) (83,509)           (45,708) (66,164) (178,822) (283,597)           (772,312) (718,484) (1,803,605) (2,025,917)           (905,286) (979,163) (2,417,925) (2,849,337)                
Proportionate share of net loss                 $ (9,674) $ (31,571) $ (43,297) $ (65,546)         $ 19,292 $ 18,926 $ 57,029 $ 54,271           $ 14,801 $ (9,158) $ (35,379) $ (35,220)           $ (20,878) $ (28,956) $ (61,367) $ (74,348)           $ (21,079) $ (23,563) $ (69,737) $ (77,547)         $ (8,163) $ (9,569) $ (30,556) $ (29,768)           $ (17,931) $ (13,366) $ (34,442) $ (41,754)           $ (22,854) $ (33,082) $ (89,411) $ (141,798)           $ (308,925) $ (287,394) $ (721,442) $ (810,367) $ (375,412) $ (417,733) $ (1,028,602) $ (1,222,077) $ (66,487) $ (130,339) $ (307,160) $ (411,710) $ (308,925) $ (287,394) $ (721,442) $ (810,367)
Percentage of ownership interest                 50.00% 50.00% 50.00% 50.00%         50.00% 50.00% 50.00% 50.00%         50.00% 50.00% 50.00% 50.00% 50.00%         50.00% 50.00% 50.00% 50.00% 50.00%         50.00% 50.00% 50.00% 50.00% 50.00%         50.00% 50.00% 50.00% 50.00%         50.00% 50.00% 50.00% 50.00% 50.00%         50.00% 50.00% 50.00% 50.00% 50.00%         40.00% 40.00% 40.00% 40.00% 40.00%         50.00% 50.00% 50.00% 50.00% 40.00% 40.00% 40.00% 40.00%