INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Details 4) (USD $)	Sep. 30, 2013
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
9/30/2014	$ 1,825,000
9/30/2015	9,127,000
9/30/2016	945,000
9/30/2017	1,889,000
9/30/2018	9,158,000
Thereafter	169,030,000
Total	191,974,000
Weighted average interest rate (as a percent)	5.39%
Effective interest rate (as a percent)	5.47%
Hamilton Essex 81
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
9/30/2014	134,209
9/30/2015	139,026
9/30/2016	7,990,399
Total	8,263,634
Hamilton Essex Development
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
9/30/2014	53,316
9/30/2015	2,001,159
Total	2,054,475
345 Franklin
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
9/30/2016	42,990
9/30/2017	180,476
9/30/2018	189,026
Thereafter	9,587,508
Total	10,000,000
Hamilton 1025
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
9/30/2014	68,013
9/30/2015	72,028
9/30/2016	75,510
9/30/2017	4,670,091
Total	4,885,642
Hamilton Bay Apartments
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
9/30/2014	70,508
9/30/2015	72,921
9/30/2016	83,707
9/30/2017	4,428,058
Total	4,655,194
Hamilton Bay Sales
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
9/30/2014	1,318,000
Total	1,318,000
Hamilton Minuteman
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
9/30/2014	74,491
9/30/2015	78,887
9/30/2016	82,697
9/30/2017	5,143,620
Total	5,379,695
Hamilton on Main
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
9/30/2014	304,943
9/30/2015	15,085,823
Total	15,390,766
Dexter Park
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
9/30/2014	1,359,159
9/30/2015	1,406,142
9/30/2016	1,486,495
9/30/2017	1,571,440
9/30/2018	1,661,239
Thereafter	80,222,538
Total	87,707,013
Total
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
9/30/2014	3,382,639
9/30/2015	18,855,987
9/30/2016	9,761,799
9/30/2017	15,993,686
9/30/2018	1,850,285
Thereafter	89,810,045
Total	$ 139,654,419