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MORTGAGE NOTES PAYABLE AND LINE OF CREDIT (Details)
1 Months Ended 9 Months Ended
Jul. 31, 2014
USD ($)
item
Jul. 11, 2014
USD ($)
Jun. 11, 2014
USD ($)
Feb. 28, 2014
USD ($)
Sep. 30, 2015
USD ($)
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Sep. 30, 2014
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Annual maturities of mortgage debt            
2015-current maturities         $ 726,000  
2016         1,821,000  
2017         7,840,000  
2018         1,921,000  
2019         4,337,000  
Thereafter         179,328,000  
Total         195,973,000  
Long-term Debt, Maturities, Repayments of Principal in Next Rolling Twelve Months         726,000  
Additional disclosures related to mortgages            
Repurchase of depository receipts         $ 2,018,329  
Repurchase of units | shares         1,677 1,080
Commitment fee for unused line of credit         $ 36,000  
Line of Credit            
MORTGAGE NOTES PAYABLE            
Interest rate (as a percent)         3.875%  
Additional disclosures related to mortgages            
Term of debt 3 years          
Maximum borrowings $ 25,000,000          
Funds drawn by the company         $ 25,000,000  
Number of properties in which borrowing amount collateralized | item 23          
Amount of refinancing costs $ 125,000          
Base Rate [Member] | Line of Credit            
Additional disclosures related to mortgages            
Reference rate used in calculation of Base Rate base          
Prime Rate [Member] | Line of Credit            
Additional disclosures related to mortgages            
Reference rate used in calculation of Base Rate Prime          
Federal Funds Rate [Member] | Line of Credit            
Additional disclosures related to mortgages            
Basis of effective interest rate used in calculation of Base Rate (as a percent) 0.50%          
Reference rate used in calculation of Base Rate Federal Funds          
London Interbank Offered Rate | Line of Credit            
Additional disclosures related to mortgages            
Basis of effective interest rate used in calculation of Base Rate (as a percent) 1.00%          
Reference rate used in calculation of Base Rate one month LIBOR          
Minimum            
Additional disclosures related to mortgages            
Tangible net worth         $ 150,000,000  
Ratio of net operating income to total indebtedness         9.50%  
Debt service coverage ratio         1.6  
Minimum | Line of Credit            
Additional disclosures related to mortgages            
Commitment fee for unused amount (as a percent) 0.15%          
Pledged interests rate of the Partnership's ownership interest (as a percent) 49.00%          
Minimum | Base Rate [Member] | Line of Credit            
Additional disclosures related to mortgages            
Margin over basis of interest rate (as a percent) 2.50%          
Maximum            
Additional disclosures related to mortgages            
Leverage ratio         65.00%  
Aggregate increase in indebtedness         $ 15,000,000  
Maximum | Line of Credit            
Additional disclosures related to mortgages            
Commitment fee for unused amount (as a percent) 0.20%          
Pledged interests rate of the Partnership's ownership interest (as a percent) 100.00%          
Mortgages payable            
MORTGAGE NOTES PAYABLE            
Amount of monthly installments including principal         $ 808,000  
Weighted average interest rate (as a percent)         4.81%  
Effective interest rate (as a percent)         4.92%  
Additional disclosures related to mortgages            
Mortgage prepayment penalties       $ 0    
Mortgages payable | NERA Dean Street Associates, LLC            
MORTGAGE NOTES PAYABLE            
Interest rate (as a percent)     4.22%      
Additional disclosures related to mortgages            
Amount of new loan     $ 5,687,000      
Period of interest only payments on loans     10 years      
Amount of loan proceeds utilized for pay off the existing mortgage     $ 5,077,000      
Refinancing cost     $ 89,000      
Mortgages payable | Hamilton Linewt LLC Commercial-1031Exchange Newton, Massachusetts            
Additional disclosures related to mortgages            
Amount of mortgage paid off       1,466,000    
Mortgages payable | Linhart L.P. Residential/Commercial Newton, Massachusetts            
Additional disclosures related to mortgages            
Amount of mortgage paid off       $ 1,926,000    
Mortgages payable | Courtyard At Westgate Residential Units Burlington Massachusetts Member            
MORTGAGE NOTES PAYABLE            
Interest rate (as a percent)   4.31%        
Additional disclosures related to mortgages            
Period of interest only payments on loans   10 years        
Amount of loan proceeds utilized for pay off the existing mortgage   $ 2,010,000        
Amount of new loan   2,500,000        
Amount of refinancing costs   $ 75,000        
Mortgages payable | Minimum            
MORTGAGE NOTES PAYABLE            
Interest rate (as a percent)         3.76%  
Mortgages payable | Maximum            
MORTGAGE NOTES PAYABLE            
Interest rate (as a percent)         5.97%