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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Details 2)
Aug. 01, 2015
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Jun. 30, 2015
USD ($)
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Dec. 31, 2014
USD ($)
Jun. 30, 2014
USD ($)
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Oct. 28, 2009
USD ($)
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May. 31, 2008
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Oct. 03, 2005
USD ($)
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Mar. 07, 2005
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Mar. 02, 2005
USD ($)
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Sep. 30, 2004
USD ($)
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Aug. 31, 2004
USD ($)
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Nov. 30, 2001
USD ($)
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LIABILITIES AND PARTNERS' CAPITAL                        
Equity Method Investments   $ 7,866,077 $ 8,807,868                  
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture   (1,534,258) $ (1,425,369)                  
Hamilton Essex 81                        
ASSETS                        
Rental Properties   8,564,474   $ 8,575,457                
Cash & Cash Equivalents   29,625   76,955                
Rent Receivable   25,517   32,918                
Real Estate Tax Escrow   123,085   101,117                
Prepaid Expenses & Other Assets   92,967   83,547                
Financing & Leasing Fees   21,848   37,887                
Total Assets   8,857,516   8,907,881                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   8,042,496   8,171,048                
Accounts Payable and Accrued Expenses   59,786   59,005                
Advance Rental Payments and Security Deposits   199,886   223,226                
Total Liabilities   8,302,168   8,453,279                
Partners' Capital   555,348   454,602                
Total Liabilities and Partners' Capital   $ 8,857,516   $ 8,907,881                
Percentage of ownership interest   50.00%   50.00%                
Equity Method Investments   $ 277,674   $ 227,301                
Total units/ condominiums                        
Units to be retained | item   49   49                
Total | item   49   49       48        
Hamilton Essex 81 | Residential buildings                        
Total units/ condominiums                        
Total | item   48   48                
Hamilton Essex 81 | Commercial                        
Total units/ condominiums                        
Total | item   1   1                
Hamilton Essex Development                        
ASSETS                        
Rental Properties   $ 2,620,081   $ 2,622,910                
Cash & Cash Equivalents   33,530   104,102                
Prepaid Expenses & Other Assets       1,230                
Financing & Leasing Fees   1,409   9,868                
Total Assets   2,655,020   2,738,110                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   1,961,172   2,014,488                
Accounts Payable and Accrued Expenses   5,308   5,297                
Total Liabilities   1,966,480   2,019,785                
Partners' Capital   688,540   718,325                
Total Liabilities and Partners' Capital   $ 2,655,020   $ 2,738,110                
Percentage of ownership interest   50.00%   50.00%                
Equity Method Investments   $ 344,270   $ 359,163                
Total units/ condominiums                        
Units to be retained | item   1   1                
Total | item   1   1                
Hamilton Essex Development | Commercial                        
Total units/ condominiums                        
Total | item   1   1                
345 Franklin                        
ASSETS                        
Rental Properties   $ 6,951,074   $ 7,320,301                
Cash & Cash Equivalents   116,046   107,038                
Rent Receivable   4,123   15,494                
Real Estate Tax Escrow   17,330   18,132                
Prepaid Expenses & Other Assets   51,470   38,090                
Financing & Leasing Fees   86,561   93,219                
Total Assets   7,226,604   7,592,274                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   10,000,000   10,000,000                
Accounts Payable and Accrued Expenses   64,628   57,752                
Advance Rental Payments and Security Deposits   230,492   229,882                
Total Liabilities   10,295,120   10,287,634                
Partners' Capital   (3,068,516)   (2,695,360)                
Total Liabilities and Partners' Capital   $ 7,226,604   $ 7,592,274                
Percentage of ownership interest   50.00%   50.00%               50.00%
Equity Method Investments                       $ 1,533,000
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture   $ (1,534,258)   $ (1,347,680)                
Total units/ condominiums                        
Units to be retained | item   40   40                
Total | item   40   40               40
345 Franklin | Residential buildings                        
Total units/ condominiums                        
Total | item   40   40                
Hamilton 1025                        
ASSETS                        
Rental Properties   $ 5,039,485   $ 5,272,805                
Cash & Cash Equivalents   6,348   6,968                
Rent Receivable   5,178   2,327                
Real Estate Tax Escrow   72,812   68,872                
Prepaid Expenses & Other Assets   54,129   43,044                
Financing & Leasing Fees   7,080   12,106                
Total Assets   5,185,032   5,406,122                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   4,769,824   4,840,484                
Accounts Payable and Accrued Expenses   27,358   30,368                
Advance Rental Payments and Security Deposits   97,276   108,125                
Total Liabilities   4,894,458   4,978,977                
Partners' Capital   290,574   427,145                
Total Liabilities and Partners' Capital   $ 5,185,032   $ 5,406,122                
Percentage of ownership interest   50.00%   50.00%         50.00%      
Equity Method Investments   $ 145,287   $ 213,573         $ 2,352,000      
Total units/ condominiums                        
Units to be retained | item   49   49         49      
Number of Units in Real Estate Property to be Sold | item   127   127                
Units sold | item   127   127         127      
Total | item   176   176         176      
Hamilton 1025 | Residential buildings                        
Total units/ condominiums                        
Total | item   175   175                
Hamilton 1025 | Commercial                        
Total units/ condominiums                        
Total | item   1   1                
Hamilton Bay Sales                        
ASSETS                        
Rental Properties   $ 793,069   $ 1,148,912                
Cash & Cash Equivalents   8,106   57,296                
Rent Receivable   1,605   3,666                
Prepaid Expenses & Other Assets   19,977   548,734                
Total Assets   822,757   1,758,608                
LIABILITIES AND PARTNERS' CAPITAL                        
Accounts Payable and Accrued Expenses   20,207   18,811                
Advance Rental Payments and Security Deposits   5,810   22,824                
Total Liabilities   26,017   41,635                
Partners' Capital   796,740   1,716,973                
Total Liabilities and Partners' Capital   $ 822,757   $ 1,758,608                
Percentage of ownership interest   50.00%   50.00%                
Equity Method Investments   $ 398,370   $ 858,487                
Total units/ condominiums                        
Number of Units in Real Estate Property to be Sold | item   120   120                
Units sold | item   113   110                
Unsold units | item   7   10                
Total | item   120   120                
Hamilton Bay Sales | Residential buildings                        
Total units/ condominiums                        
Total | item   120   120                
Hamilton Bay Apartments                        
ASSETS                        
Rental Properties   $ 6,288,296   $ 6,533,725                
Cash & Cash Equivalents   829   1,878                
Rent Receivable   2,221   6,965                
Real Estate Tax Escrow   56,520   28,886                
Prepaid Expenses & Other Assets   55,989   41,408                
Financing & Leasing Fees   10,338   16,700                
Total Assets   6,414,193   6,629,562                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   4,538,605   4,606,316                
Accounts Payable and Accrued Expenses   14,768   12,526                
Advance Rental Payments and Security Deposits   95,435   97,026                
Total Liabilities   4,648,808   4,715,868                
Partners' Capital   1,765,385   1,913,694                
Total Liabilities and Partners' Capital   $ 6,414,193   $ 6,629,562                
Percentage of ownership interest   50.00%   50.00%     50.00%          
Equity Method Investments   $ 882,693   $ 956,847     $ 2,500,000          
Total units/ condominiums                        
Units to be retained | item   48   48     48          
Units sold | item             120          
Total | item 7 48   48     168          
Hamilton Bay Apartments | Residential buildings                        
Total units/ condominiums                        
Total | item   48   48                
Hamilton Minuteman                        
ASSETS                        
Rental Properties   $ 6,421,497   $ 6,684,183                
Cash & Cash Equivalents   42,200   66,660                
Rent Receivable   152   5,798                
Real Estate Tax Escrow   39,006   39,093                
Prepaid Expenses & Other Assets   43,472   42,658                
Financing & Leasing Fees   6,028   9,997                
Total Assets   6,552,355   6,848,389                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   5,252,844   5,330,234                
Accounts Payable and Accrued Expenses   47,865   47,027                
Advance Rental Payments and Security Deposits   96,548   93,313                
Total Liabilities   5,397,257   5,470,574                
Partners' Capital   1,155,098   1,377,815                
Total Liabilities and Partners' Capital   $ 6,552,355   $ 6,848,389                
Percentage of ownership interest   50.00%   50.00%           50.00%    
Equity Method Investments   $ 577,549   $ 688,907           $ 5,075,000    
Total units/ condominiums                        
Units to be retained | item   42   42                
Total | item   42   42           42    
Hamilton Minuteman | Residential buildings                        
Total units/ condominiums                        
Total | item   42   42                
Hamilton on Main Apts                        
ASSETS                        
Rental Properties   $ 19,007,097   $ 19,873,809                
Cash & Cash Equivalents   208,411   23,626                
Rent Receivable   15,289   11,991                
Real Estate Tax Escrow   94,677   45,741                
Prepaid Expenses & Other Assets   82,262   748,027                
Financing & Leasing Fees   147,136   4,287                
Total Assets   19,554,872   20,707,481                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   16,900,000   15,188,407                
Accounts Payable and Accrued Expenses   154,122   155,825                
Advance Rental Payments and Security Deposits   337,614   322,519                
Total Liabilities   17,391,736   15,666,751                
Partners' Capital   2,163,136   5,040,730                
Total Liabilities and Partners' Capital   $ 19,554,872   $ 20,707,481                
Percentage of ownership interest   50.00%   50.00%             50.00%  
Equity Method Investments   $ 1,081,568   $ 2,520,365             $ 8,000,000  
Total units/ condominiums                        
Units to be retained | item   148   148                
Units sold | item           137            
Total | item   148   148             280  
Hamilton on Main Apts | Residential buildings                        
Total units/ condominiums                        
Total | item   148   148                
Dexter Park                        
ASSETS                        
Rental Properties   $ 95,631,639   $ 99,637,389                
Cash & Cash Equivalents   1,274,043   968,685                
Rent Receivable   133,921   141,005                
Real Estate Tax Escrow   264,746   369,900                
Prepaid Expenses & Other Assets   1,940,068   1,728,976                
Financing & Leasing Fees   252,066   310,703                
Total Assets   99,496,483   103,156,658                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   85,574,660   86,875,284                
Accounts Payable and Accrued Expenses   724,526   698,090                
Advance Rental Payments and Security Deposits   2,800,624   2,645,283                
Total Liabilities   89,099,810   90,218,657                
Partners' Capital   10,396,673   12,938,001                
Total Liabilities and Partners' Capital   $ 99,496,483   $ 103,156,658                
Percentage of ownership interest   40.00%   40.00% 40.00%              
Equity Method Investments   $ 4,158,667   $ 5,175,200 $ 15,925,000              
Total units/ condominiums                        
Units to be retained | item   409   409                
Total | item   409   409 409              
Dexter Park | Residential buildings                        
Total units/ condominiums                        
Total | item   409   409                
Total                        
ASSETS                        
Rental Properties   $ 151,316,712   $ 157,669,491                
Cash & Cash Equivalents   1,719,138   1,413,208                
Rent Receivable   188,006   220,164                
Real Estate Tax Escrow   668,176   671,741                
Prepaid Expenses & Other Assets   2,340,334   3,275,714                
Financing & Leasing Fees   532,466   494,767                
Total Assets   156,764,832   163,745,085                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   137,039,601   137,026,261                
Accounts Payable and Accrued Expenses   1,118,568   1,084,701                
Advance Rental Payments and Security Deposits   3,863,685   3,742,198                
Total Liabilities   142,021,854   141,853,160                
Partners' Capital   14,742,978   21,891,925                
Total Liabilities and Partners' Capital   156,764,832   163,745,085                
Equity Method Investments   7,866,077   10,999,842                
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture   (1,534,258)   (1,347,680)                
Total Investment in Unconsolidated Joint Ventures (Net)   $ 6,331,819   $ 9,652,162                
Total units/ condominiums                        
Units to be retained | item   786   786                
Number of Units in Real Estate Property to be Sold | item   247   247                
Units sold | item   240   237                
Unsold units | item   7   10                
Total | item   1,033   1,033                
Total | Residential buildings                        
Total units/ condominiums                        
Total | item   1,030   1,030                
Total | Commercial                        
Total units/ condominiums                        
Total | item   3   3