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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash Flows from Operating Activities    
Net income (loss) $ 409,658us-gaap_NetIncomeLoss $ (29,614)us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 2,484,294us-gaap_DepreciationDepletionAndAmortization 2,724,180us-gaap_DepreciationDepletionAndAmortization
(Income) Loss from investments in joint ventures (125,234)us-gaap_IncomeLossFromEquityMethodInvestments 208,252us-gaap_IncomeLossFromEquityMethodInvestments
Change in operating assets and liabilities    
(Increase) in rents receivable (25,776)us-gaap_IncreaseDecreaseInAccountsReceivable (6,140)us-gaap_IncreaseDecreaseInAccountsReceivable
(Decrease) in accounts payable and accrued expense (414,728)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (506,471)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
(Increase) Decrease in real estate tax escrow (3,144)nen_IncreaseDecreaseInEscrowDeposit 85,858nen_IncreaseDecreaseInEscrowDeposit
Decrease (Increase) in prepaid expenses and other assets 1,994us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (478,430)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Increase in advance rental payments and security deposits 40,742us-gaap_IncreaseDecreaseInCustomerAdvancesAndDeposits 55,810us-gaap_IncreaseDecreaseInCustomerAdvancesAndDeposits
Total Adjustments 1,958,148us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities 2,083,059us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
Net cash provided by operating activities 2,367,806us-gaap_NetCashProvidedByUsedInOperatingActivities 2,053,445us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash Flows From Investing Activities    
Proceeds from unconsolidated joint ventures 653,843us-gaap_ProceedsFromSaleOfEquityMethodInvestments 273,083us-gaap_ProceedsFromSaleOfEquityMethodInvestments
Distribution in excess of investment in unconsolidated joint ventures 82,500us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital 100,000us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
(Investment in) unconsolidated joint ventures (8,843)us-gaap_PaymentsToAcquireEquityMethodInvestments (108,083)us-gaap_PaymentsToAcquireEquityMethodInvestments
Improvement of rental properties (872,165)us-gaap_PaymentsToAcquireAndDevelopRealEstate (548,564)us-gaap_PaymentsToAcquireAndDevelopRealEstate
Net cash (used in) investing activities (144,665)us-gaap_NetCashProvidedByUsedInInvestingActivities (283,564)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash Flows from Financing Activities    
Principal payments and payoffs of mortgage notes payable (32,898)us-gaap_RepaymentsOfSecuredDebt (3,447,120)us-gaap_RepaymentsOfSecuredDebt
Stock buyback (1,218,440)us-gaap_PaymentsForRepurchaseOfEquity (379,409)us-gaap_PaymentsForRepurchaseOfEquity
Distributions to partners (951,330)us-gaap_DistributionMadeToLimitedPartnerCashDistributionsPaid (969,207)us-gaap_DistributionMadeToLimitedPartnerCashDistributionsPaid
Net cash (used in) financing activities (2,202,668)us-gaap_NetCashProvidedByUsedInFinancingActivities (4,795,736)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net Increase (Decrease) in Cash and Cash Equivalents 20,473us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (3,025,855)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and Cash Equivalents, at beginning of period 14,015,898us-gaap_CashAndCashEquivalentsAtCarryingValue 14,013,380us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and Cash Equivalents, at end of period $ 14,036,371us-gaap_CashAndCashEquivalentsAtCarryingValue $ 10,987,525us-gaap_CashAndCashEquivalentsAtCarryingValue